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

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.