Growth Metrics

Macy's (M) Net Margin (2009 - 2026)

Macy's recorded quarterly Net Margin of 5.97% in Q1 2026, up 2456.81% quarter-over-quarter from 0.23% in Q4 2025, and up 128.0% year-over-year from 2.62% in Q1 2025.

Macy's' Net Margin history runs 18 years deep, the most recent figure standing at 5.97% for Q1 2026.

  • In Q1 2026, Net Margin rose 128.0% year-over-year to 5.97%; the TTM figure through Jan 2026 stood at 2.82% (up 19.0% YoY), while the FY2026 annual figure was 2.84%, up 23.0% from the prior year.
  • Net Margin came in at 5.97% for Q1 2026 at Macy's, up from 0.23% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 7.62% in Q1 2022 to a low of 1.68% in Q1 2024.
  • A 5-year average of 2.66% and a median of 1.98% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin sank 725 bps in 2024 and surged 637 bps in 2025, its largest moves.
  • Macy's' Net Margin stood at 1.98% in 2022, then plunged by 59 bps to 0.81% in 2023, then retreated by 30 bps to 0.57% in 2024, then tumbled by 59 bps to 0.23% in 2025, then jumped by 2457 bps to 5.97% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 5.97%, 0.23%, and 1.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Macy's 5.57 Bn 4.33 Bn 3.55 Bn 5.97%
2 Kohls 1.46 Bn 788.72 Mn 1.85 Bn 3.73%
3 Dillard'S 8.79 Mn -1.06 Bn 783.65 Mn 9.55%
4 Loan Artificial Intelligence - - - -

Historic Data

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DateValue
Jan 31, 2026 5.97%
Nov 1, 2025 0.23%
Aug 2, 2025 1.81%
May 3, 2025 0.79%
Feb 1, 2025 4.69%
Nov 2, 2024 0.57%
Aug 3, 2024 2.94%
May 4, 2024 1.28%
Feb 3, 2024 -1.68%
Oct 28, 2023 0.81%
Jul 29, 2023 -0.36%
Apr 29, 2023 3.03%
Jan 28, 2023 5.57%
Oct 29, 2022 1.98%
Jul 30, 2022 4.91%
Apr 30, 2022 5.14%
Jan 29, 2022 7.62%
Oct 30, 2021 4.39%
Jul 31, 2021 6.11%
May 1, 2021 2.19%
Jan 30, 2021 2.36%
Oct 31, 2020 -2.28%
Aug 1, 2020 -12.11%
May 2, 2020 -118.69%
Feb 1, 2020 4.08%
Nov 2, 2019 0.04%
Aug 3, 2019 1.55%
May 4, 2019 2.47%
Feb 2, 2019 10.08%
Nov 3, 2018 1.55%
Aug 4, 2018 3.34%
May 5, 2018 2.73%
Feb 3, 2018 15.63%
Oct 28, 2017 0.66%
Jul 29, 2017 2.00%
Apr 29, 2017 1.48%
Jan 28, 2017 5.65%
Oct 29, 2016 0.23%
Jul 30, 2016 0.09%
Apr 30, 2016 1.89%
Jan 30, 2016 6.09%
Oct 31, 2015 1.92%
Aug 1, 2015 3.56%
May 2, 2015 3.10%
Jan 31, 2015 8.47%
Nov 1, 2014 3.50%
Aug 2, 2014 4.66%
May 3, 2014 3.57%
Feb 1, 2014 8.81%
Nov 2, 2013 2.82%
Aug 3, 2013 4.63%
May 4, 2013 3.40%
Feb 2, 2013 7.81%
Oct 27, 2012 2.39%
Jul 28, 2012 4.56%
Apr 28, 2012 2.95%
Jan 28, 2012 8.54%
Oct 29, 2011 2.37%
Jul 30, 2011 4.06%
Apr 30, 2011 2.22%
Jan 29, 2011 8.07%
Oct 30, 2010 0.18%
Jul 31, 2010 2.65%
May 1, 2010 0.41%
Jan 30, 2010 5.67%
Oct 31, 2009 -0.66%
Aug 1, 2009 0.14%
May 2, 2009 -1.69%
Jan 31, 2009 -60.16%