Growth Metrics

Macy's (M) Change in Taxes (2016 - 2025)

Macy's' Change in Taxes history spans 17 years, with the latest figure at -$13.0 million for Q4 2025.

  • For Q4 2025, Change in Taxes fell 176.47% year-over-year to -$13.0 million; the TTM value through Nov 2025 reached -$2.0 million, down 103.57%, while the annual FY2025 figure was -$69.0 million, 2400.0% down from the prior year.
  • Change in Taxes for Q4 2025 was -$13.0 million at Macy's, up from -$16.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $638.0 million in Q1 2022 and bottomed at -$203.0 million in Q3 2023.
  • The 5-year median for Change in Taxes is $500000.0 (2022), against an average of $31.7 million.
  • The largest annual shift saw Change in Taxes tumbled 207.94% in 2022 before it surged 1158.33% in 2024.
  • A 5-year view of Change in Taxes shows it stood at -$62.0 million in 2021, then surged by 98.39% to -$1.0 million in 2022, then tumbled by 200.0% to -$3.0 million in 2023, then skyrocketed by 666.67% to $17.0 million in 2024, then plummeted by 176.47% to -$13.0 million in 2025.
  • Per Business Quant, the three most recent readings for M's Change in Taxes are -$13.0 million (Q4 2025), -$16.0 million (Q3 2025), and $25.0 million (Q2 2025).