Macy's (M) Gross Margin (2009 - 2026)
Macy's recorded annual Gross Margin of 40.33% in FY2026, up 5.13% year-over-year from 38.37% in FY2025.
Macy's' Gross Margin history runs 18 years deep, the most recent figure standing at 40.33% for FY2026.
- In Q1 2026, Gross Margin rose 1020.0% year-over-year to 41.77%; the TTM figure through Jan 2026 stood at 40.84% (up 290.0% YoY), while the FY2026 annual figure was 40.33%, up 197.0% from the prior year.
- Gross Margin came in at 40.33% for FY2026 at Macy's, up from 38.37% in the prior year.
- In the past five years, Gross Margin ranged from a high of 41.06% in FY2022 to a low of 38.37% in FY2025.
- A 5-year average of 39.57% and a median of 39.7% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 1189 bps in 2022 and slumped 136 bps in 2023, its largest moves.
- Macy's' Gross Margin stood at 41.06% in 2022, then retreated by 3 bps to 39.7% in 2023, then declined by 3 bps to 38.4% in 2024, then declined by 0 bps to 38.37% in 2025, then climbed by 5 bps to 40.33% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 40.33%, 38.37%, and 38.4% for FY2026, FY2025, and FY2024 respectively.