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

Macy's (M) posted Net Margin of 7.18% for Q1 2026, up 3107.89% sequentially from 0.22% in Q4 2025, and up 291.0% YoY from 1.84% in Q1 2025.

Macy's (M) Net Margin (2009 - 2026) Analysis & Trends

Macy's has reported Net Margin for 18 years, with the latest figure at 7.18% in Q1 2026.

Quarterly Net Margin rose 291.0% year-over-year to 7.18% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 3.01% (up 44.0% YoY) and the FY2026 annual result came in at 2.95%, up 42.0% from the prior year.
Net Margin rose to 7.18% in Q1 2026 per M's latest filing, from 0.22% in the prior quarter.
Over five years, Net Margin peaked at 8.45% in Q1 2022 and troughed at 1.68% in Q1 2024.
A 5-year average of 2.77% and a median of 2.07% in 2022 frame the typical range for Net Margin.
The sharpest annual moves came in 2022 and 2024: Net Margin soared 609 bps in 2022, then slumped 725 bps in 2024.
Over 5 years, Net Margin stood at 2.07% in 2022, then tumbled by 59 bps to 0.84% in 2023, then sank by 30 bps to 0.59% in 2024, then sank by 62 bps to 0.22% in 2025, then soared by 3108 bps to 7.18% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 7.18%, 0.22%, and 1.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Dillard'S	8.76 Bn	7.34 Bn	718.25 Mn	15.75%
2	Macy's	6.16 Bn	4.86 Bn	2.03 Bn	1.29%
3	Polibeli	3.96 Bn	3.96 Bn	-	-
4	Kohls	2.18 Bn	1.75 Bn	1.37 Bn	-0.44%

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