See more : OC Oerlikon Corporation AG (OERL.SW) Income Statement Analysis – Financial Results
Complete financial analysis of Macy’s, Inc. (M) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Macy’s, Inc., a leading company in the Department Stores industry within the Consumer Cyclical sector.
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Macy's, Inc. (M)
About Macy's, Inc.
Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of January 29, 2022, it operated 725 department stores in the District of Columbia, Puerto Rico, and Guam under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company also operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.87B | 25.31B | 25.29B | 18.10B | 25.33B | 25.74B | 24.84B | 25.78B | 27.08B | 28.11B | 27.93B | 27.69B | 26.41B | 25.00B | 23.49B | 24.89B | 26.31B | 26.97B | 22.39B | 15.63B | 15.26B | 15.44B | 15.65B | 18.41B | 17.72B | 15.83B | 15.67B | 15.23B | 15.05B | 8.32B | 7.23B | 7.08B |
| Cost of Revenue | 14.14B | 15.31B | 14.96B | 12.29B | 15.17B | 15.22B | 15.15B | 15.62B | 16.50B | 16.86B | 16.73B | 16.54B | 15.74B | 14.82B | 13.97B | 15.01B | 15.68B | 16.20B | 13.30B | 9.30B | 9.10B | 9.26B | 9.53B | 10.25B | 9.70B | 8.99B | 8.97B | 8.73B | 8.80B | 4.80B | 4.12B | 3.96B |
| Gross Profit | 9.72B | 10.00B | 10.34B | 5.81B | 10.16B | 10.52B | 9.69B | 10.16B | 10.58B | 11.24B | 11.21B | 11.15B | 10.67B | 10.18B | 9.52B | 9.88B | 10.64B | 10.77B | 9.09B | 6.33B | 6.17B | 6.18B | 6.12B | 8.15B | 8.02B | 6.85B | 6.70B | 6.50B | 6.25B | 3.51B | 3.11B | 3.12B |
| Gross Profit Ratio | 40.74% | 39.51% | 40.87% | 32.11% | 40.11% | 40.89% | 38.99% | 39.40% | 39.08% | 40.00% | 40.12% | 40.27% | 40.40% | 40.71% | 40.51% | 39.70% | 40.42% | 39.94% | 40.61% | 40.52% | 40.39% | 40.04% | 39.10% | 44.29% | 45.26% | 43.25% | 42.74% | 42.69% | 41.54% | 42.22% | 43.05% | 44.03% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 8.51B | 8.36B | 8.14B | 6.85B | 9.06B | 9.13B | 8.24B | 8.36B | 8.26B | 8.36B | 8.44B | 8.48B | 8.28B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | -145.00M | -39.00M | -96.00M | -84.00M | -58.00M | -88.00M | 1.11B | 1.15B | 1.17B | 1.18B | 1.17B | 1.12B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 8.51B | 8.32B | 8.05B | 6.77B | 9.00B | 9.04B | 8.13B | 8.27B | 8.26B | 8.36B | 8.44B | 8.48B | 8.28B | 8.26B | 8.06B | 8.48B | 8.55B | 8.68B | 7.15B | 4.93B | 4.82B | 4.84B | 4.80B | 6.02B | 5.57B | 4.76B | 4.75B | 4.74B | 4.75B | 2.55B | 2.32B | 2.42B |
| Other Expenses | 832.00M | -19.00M | -30.00M | -30.00M | -27.00M | -49.00M | -105.00M | -98.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 25.00M | 0.00 | 5.78B | 0.00 | -191.00M | -480.00M | 0.00 | 0.00 | 0.00 | 53.00M | 653.00M | 745.00M | 631.00M | 610.00M | 560.60M | 519.80M | 326.80M | 256.80M | 266.70M |
| Operating Expenses | 9.34B | 8.32B | 8.05B | 6.77B | 9.00B | 9.04B | 8.13B | 8.27B | 8.26B | 8.36B | 8.44B | 8.48B | 8.28B | 8.26B | 8.06B | 14.26B | 8.55B | 8.49B | 6.67B | 4.93B | 4.82B | 4.84B | 4.85B | 6.68B | 6.32B | 5.39B | 5.36B | 5.30B | 5.27B | 2.88B | 2.58B | 2.69B |
| Cost & Expenses | 23.48B | 23.62B | 23.00B | 19.05B | 24.17B | 24.25B | 23.28B | 23.89B | 24.75B | 25.22B | 25.17B | 25.02B | 24.02B | 23.08B | 22.04B | 29.27B | 24.23B | 24.68B | 19.97B | 14.23B | 13.92B | 14.09B | 14.39B | 16.93B | 16.02B | 14.38B | 14.33B | 14.03B | 14.07B | 7.68B | 6.70B | 6.65B |
| Interest Income | 0.00 | 15.00M | 4.00M | 8.00M | 25.00M | 32.00M | 20.00M | 26.00M | 23.00M | 14.00M | 17.00M | 22.00M | 27.00M | 5.00M | 6.00M | 28.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 135.00M | 162.00M | 255.00M | 280.00M | 185.00M | 236.00M | 310.00M | 363.00M | 361.00M | 393.00M | 388.00M | 422.00M | 443.00M | 579.00M | 556.00M | 588.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 897.00M | 857.00M | 874.00M | 959.00M | 981.00M | 962.00M | 991.00M | 1.06B | 1.06B | 1.04B | 1.02B | 1.05B | 1.09B | 1.15B | 1.21B | 1.25B | 1.27B | 1.22B | 958.00M | 743.00M | 713.00M | 685.00M | 696.00M | 740.00M | 745.00M | 631.00M | 610.00M | 560.60M | 519.80M | 326.80M | 256.80M | 266.70M |
| EBITDA | 1.16B | 2.54B | 3.00B | -3.54B | 1.91B | 2.64B | 2.83B | 2.38B | 3.16B | 3.92B | 3.78B | 3.58B | 3.50B | 2.98B | 2.28B | -3.07B | 3.36B | 3.50B | 2.90B | 2.14B | 2.05B | 2.03B | 1.96B | 2.43B | 2.45B | 2.09B | 1.95B | 1.45B | 1.50B | 962.20M | 788.80M | 696.50M |
| EBITDA Ratio | 4.84% | 9.96% | 12.39% | -0.18% | 8.35% | 9.32% | 9.82% | 11.06% | 12.51% | 13.96% | 13.55% | 13.42% | 13.15% | 12.37% | 11.34% | 10.66% | 13.58% | 13.95% | 12.96% | 13.71% | 13.46% | 13.14% | 13.91% | 17.08% | 13.81% | 13.10% | 12.23% | 13.29% | 11.79% | 12.08% | 10.23% | 8.98% |
| Operating Income | 382.00M | 1.73B | 2.35B | -956.00M | 970.00M | 1.74B | 1.81B | 1.32B | 2.04B | 2.80B | 2.68B | 2.66B | 2.41B | 1.89B | 1.06B | -4.38B | 1.86B | 1.84B | 2.42B | 1.40B | 1.34B | 1.34B | 1.10B | 550.00M | 1.70B | 1.46B | 1.34B | 1.20B | 982.40M | 635.40M | 532.00M | 429.80M |
| Operating Income Ratio | 1.60% | 6.84% | 9.29% | -5.28% | 3.83% | 6.75% | 7.28% | 5.10% | 7.53% | 9.96% | 9.59% | 9.61% | 9.13% | 7.58% | 4.53% | -17.59% | 7.08% | 6.81% | 10.83% | 8.96% | 8.79% | 8.70% | 7.05% | 2.99% | 9.60% | 9.19% | 8.56% | 7.89% | 6.53% | 7.64% | 7.36% | 6.07% |
| Total Other Income/Expenses | -258.00M | -212.00M | -484.00M | -315.00M | -242.00M | -318.00M | -348.00M | -406.00M | -361.00M | -410.00M | -388.00M | -559.00M | -443.00M | -574.00M | -556.00M | -560.00M | -543.00M | -827.00M | -380.00M | -284.00M | -257.00M | -295.00M | -324.00M | -1.58B | -307.00M | -292.00M | -383.00M | -452.00M | -780.50M | -304.10M | -164.20M | -197.80M |
| Income Before Tax | 124.00M | 1.52B | 1.87B | -4.79B | 728.00M | 1.42B | 1.51B | 952.00M | 1.68B | 2.39B | 2.29B | 2.10B | 1.97B | 1.32B | 507.00M | -4.94B | 1.32B | 1.45B | 2.04B | 1.12B | 1.08B | 1.05B | 780.00M | 113.00M | 1.35B | 1.16B | 958.00M | 441.50M | 201.90M | 331.30M | 367.80M | 232.00M |
| Income Before Tax Ratio | 0.52% | 6.00% | 7.38% | -26.47% | 2.87% | 5.52% | 6.07% | 3.69% | 6.20% | 8.50% | 8.20% | 7.59% | 7.45% | 5.28% | 2.16% | -19.84% | 5.02% | 5.36% | 9.13% | 7.14% | 7.10% | 6.79% | 4.98% | 0.61% | 7.60% | 7.35% | 6.11% | 2.90% | 1.34% | 3.98% | 5.09% | 3.28% |
| Income Tax Expense | 19.00M | 341.00M | 436.00M | -846.00M | 164.00M | 322.00M | -29.00M | 341.00M | 608.00M | 864.00M | 804.00M | 767.00M | 712.00M | 473.00M | 157.00M | -135.00M | 411.00M | 458.00M | 671.00M | 427.00M | 391.00M | 410.00M | 262.00M | 297.00M | 551.00M | 478.00M | 383.00M | 175.60M | 127.30M | 143.70M | 171.00M | 99.30M |
| Net Income | 105.00M | 1.18B | 1.43B | -3.94B | 564.00M | 1.11B | 1.55B | 619.00M | 1.07B | 1.53B | 1.49B | 1.34B | 1.26B | 847.00M | 350.00M | -4.80B | 893.00M | 995.00M | 1.41B | 689.00M | 693.00M | 818.00M | -276.00M | -184.00M | 795.00M | 662.00M | 536.00M | 265.90M | 74.60M | 187.60M | 193.30M | 113.00M |
| Net Income Ratio | 0.44% | 4.65% | 5.65% | -21.79% | 2.23% | 4.30% | 6.23% | 2.40% | 3.96% | 5.43% | 5.32% | 4.82% | 4.76% | 3.39% | 1.49% | -19.30% | 3.39% | 3.69% | 6.28% | 4.41% | 4.54% | 5.30% | -1.76% | -1.00% | 4.49% | 4.18% | 3.42% | 1.75% | 0.50% | 2.26% | 2.67% | 1.60% |
| EPS | 0.38 | 4.28 | 4.66 | -12.68 | 1.82 | 3.60 | 5.13 | 2.03 | 3.26 | 4.30 | 3.93 | 3.29 | 2.96 | 2.00 | 0.78 | -11.40 | 2.00 | 1.84 | 3.30 | 1.97 | 1.88 | 2.08 | -0.71 | -0.45 | 1.89 | 1.58 | 1.28 | 0.64 | 0.20 | 0.71 | 0.77 | 0.51 |
| EPS Diluted | 0.38 | 4.19 | 4.55 | -12.68 | 1.81 | 3.56 | 5.10 | 2.02 | 3.22 | 4.22 | 3.86 | 3.24 | 2.92 | 1.98 | 0.78 | -11.40 | 1.97 | 1.81 | 3.24 | 1.93 | 1.86 | 2.06 | -0.69 | -0.45 | 1.81 | 1.48 | 1.21 | 0.62 | 0.20 | 0.70 | 0.75 | 0.51 |
| Weighted Avg Shares Out | 274.20M | 274.70M | 306.80M | 311.10M | 309.70M | 307.70M | 305.40M | 308.50M | 328.40M | 355.20M | 378.30M | 405.50M | 424.50M | 423.30M | 421.70M | 421.20M | 446.60M | 540.00M | 426.00M | 349.75M | 368.62M | 394.60M | 391.40M | 408.89M | 420.00M | 418.99M | 418.75M | 415.63M | 382.56M | 266.10M | 252.68M | 223.76M |
| Weighted Avg Shares Out (Dil) | 278.20M | 281.10M | 314.00M | 311.10M | 311.40M | 311.40M | 306.80M | 310.80M | 333.00M | 361.70M | 384.80M | 412.20M | 430.40M | 427.30M | 423.20M | 421.20M | 451.80M | 547.70M | 434.60M | 356.99M | 373.58M | 397.40M | 399.20M | 413.48M | 439.20M | 447.30M | 444.81M | 429.03M | 382.56M | 268.00M | 257.73M | 223.76M |
Stock Of The Day: Macy's Hits Resistance Following Accounting Scandal
Macy's delayed its Q3 earnings release, revealing an internal investigation into an employee who allegedly hid hundreds of millions of dollars in expenses.
Macy's Employee Accused of Concealing $132 Million in Delivery Costs
Macy's has delayed its earnings call after discovering a multimillion-dollar “intentional” employee accounting error. That employee, the retailer said in a securities filing Monday (Nov. 25) had hidden at least $132 million in delivery expenses over a nearly three-year period.
Macy's numbers are definitely challenged, says Forrester Research's Kodali
Sucharita Kodali, Forrester Research retail analyst, joins 'Squawk Box' to discuss Macy's latest announcement, what comps in November tells Kodali, and where consumers are shopping right now.
Macy's Stock Slips After Error Leads to Q3 Earnings Delay
Macy's (M) shares moved lower Monday morning after the retailer said its official third-quarter results would be delayed so that an independent investigation into an accounting issue can be completed.
Why Macy's delayed its Q3 earnings release
Macy's Inc (NYSE: M) no longer expects to report its third-quarter financial results on November 26th. The department-store chain cited “erroneous accounting accrual entries” as it delayed the earnings release on Monday.
Macy's finds ‘erroneous' accounting entries, leading to delay of earnings report
Macy's identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses during a three-year period.
Macy's delays earnings after finding $132M-plus fraud by employee
Macy's, Inc. (Macy's, Inc. (NYSE:M)) said its third-quarter earnings release will be delayed after an employee was found to have hidden more than $132mn of delivery expenses since late 2021. The retailer was due to report its results on Tuesday, but...
Macy's delays Q3 earnings report after accounting issue
CNBC's Becky Quick reports on the latest news from Macy's.
Macy's to Delay Third-Quarter Earnings Because Employee Hid Expenses. The Stock Falls.
Macy's delays its full third-quarter earnings release to complete an independent investigation.
Macy's says quarterly sales dropped, delays full earnings release due to accounting issue
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates an accounting issue. The company said it discovered erroneous reporting of delivery expenses from one employee.
Source: https://incomestatements.info
Category: Stock Reports