Macy's (M) Change in Taxes (2009 - 2026)

Macy's has disclosed Change in Taxes across 18 years of filings, most recently posting $81.0 million for Q1 2026.

• Change in Taxes for Q1 2026 came in at $81.0 million, up 3950.0% year-over-year; the trailing twelve-month figure through Jan 2026 was $77.0 million (up 211.59% YoY), and the FY2026 annual result was $77.0 million, up 211.59% from the prior year.
• Change in Taxes came in at $81.0 million for Q1 2026 at Macy's, up from -$13.0 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $638.0 million in Q1 2022 to a low of -$203.0 million in Q3 2023.
• The 5-year median for Change in Taxes is $2.0 million (2025), against an average of $33.2 million.
• Across the five-year window, Change in Taxes plunged 207.94% in 2022 and jumped 3950.0% in 2026, its largest moves.
• Macy's' Change in Taxes stood at -$1.0 million in 2022, then slumped by 200.0% to -$3.0 million in 2023, then soared by 666.67% to $17.0 million in 2024, then plunged by 176.47% to -$13.0 million in 2025, then jumped by 723.08% to $81.0 million in 2026.
• The last three Change in Taxes figures came in at $81.0 million (Q1 2026), -$13.0 million (Q4 2025), and -$16.0 million (Q3 2025), per Business Quant data.