Macy's, Inc. (M)

Macy's Income Statement

Financials in millions USD. Fiscal year is March - February.

Year	2023	2022	2021	2020	2019
Revenue	23,866	25,449	25,399	17,346	24,560
Revenue Growth (YoY)	-6.22%	0.20%	46.43%	-29.37%	-1.65%
Cost of Revenue	14,143	15,306	14,956	12,286	15,171
Gross Profit	9,723	10,143	10,443	5,060	9,389
Selling, General & Admin	8,375	8,461	8,154	6,767	8,998
Other Operating Expenses	1,100	-9	35	3,603	250
Operating Expenses	9,475	8,452	8,189	10,370	9,248
Operating Income	248	1,691	2,254	-5,310	141
Interest Expense / Income	135	162	255	284	205
Other Expense / Income	-11	11	133	-804	-792
Pretax Income	124	1,518	1,866	-4,790	728
Income Tax	19	341	436	-846	164
Net Income	105	1,177	1,430	-3,944	564
Net Income Growth	-91.08%	-17.69%	-	-	-49.10%
Shares Outstanding (Basic)	274	271	299	310	309
Shares Change	1.09%	-9.41%	-3.61%	0.49%	0.49%
EPS (Basic)	0.38	4.28	4.66	-12.68	1.82
EPS (Diluted)	0.38	4.19	4.55	-12.68	1.81
EPS Growth	-90.93%	-7.91%	-	-	-49.16%
Free Cash Flow	398	457	2,279	296	636
Free Cash Flow Per Share	1.45	1.69	7.62	0.95	2.06
Dividend Per Share	0.662	0.630	0.300	0.378	1.510
Dividend Growth	5.08%	110.00%	-20.63%	-74.97%	0%
Gross Margin	40.74%	39.86%	41.12%	29.17%	38.23%
Operating Margin	1.04%	6.64%	8.87%	-30.61%	0.57%
Profit Margin	0.44%	4.62%	5.63%	-22.74%	2.30%
Free Cash Flow Margin	1.67%	1.80%	8.97%	1.71%	2.59%
Effective Tax Rate	15.32%	22.46%	23.37%	-	22.53%
EBITDA	1,156	2,537	2,995	-3,547	1,914
EBITDA Margin	4.84%	9.97%	11.79%	-20.45%	7.79%
Depreciation & Amortization	897	857	874	959	981
EBIT	259	1,680	2,121	-4,506	933
EBIT Margin	1.09%	6.60%	8.35%	-25.98%	3.80%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).