Growth Metrics

Macy's (M) Net Margin (2016 - 2026)

Macy's (M) has disclosed Net Margin for 18 consecutive years, with 5.97% as the latest value for Q1 2026.

  • Quarterly Net Margin rose 128.0% to 5.97% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 2.82% through Jan 2026, up 19.0% year-over-year, with the annual reading at 2.84% for FY2026, 23.0% up from the prior year.
  • Net Margin for Q1 2026 was 5.97% at Macy's, up from 0.23% in the prior quarter.
  • The five-year high for Net Margin was 7.62% in Q1 2022, with the low at 1.68% in Q1 2024.
  • Average Net Margin over 5 years is 2.66%, with a median of 1.98% recorded in 2022.
  • The sharpest move saw Net Margin plummeted -725bps in 2024, then skyrocketed 637bps in 2025.
  • Over 5 years, Net Margin stood at 1.98% in 2022, then tumbled by -59bps to 0.81% in 2023, then fell by -30bps to 0.57% in 2024, then plummeted by -59bps to 0.23% in 2025, then soared by 2457bps to 5.97% in 2026.
  • According to Business Quant data, Net Margin over the past three periods came in at 5.97%, 0.23%, and 1.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.