Growth Metrics

Macy's (M) Gross Margin (2016 - 2025)

Macy's (M) has disclosed Gross Margin for 18 consecutive years, with 41.77% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 1020.0% to 41.77% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 40.84% through Jan 2026, up 290.0% year-over-year, with the annual reading at 40.33% for FY2026, 197.0% up from the prior year.
  • Gross Margin for Q1 2026 was 41.77% at Macy's, up from 39.42% in the prior quarter.
  • The five-year high for Gross Margin was 42.51% in Q1 2022, with the low at 31.57% in Q1 2025.
  • Average Gross Margin over 5 years is 39.56%, with a median of 39.94% recorded in 2023.
  • The sharpest move saw Gross Margin crashed -648bps in 2023, then surged 1020bps in 2026.
  • Over 5 years, Gross Margin stood at 41.39% in 2022, then rose by 2bps to 42.34% in 2023, then dropped by -2bps to 41.59% in 2024, then decreased by -5bps to 39.42% in 2025, then increased by 6bps to 41.77% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 41.77%, 39.42%, and 39.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.