Growth Metrics

Macy's (M) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Macy's (M) over the last 17 years, with Q4 2025 value amounting to $2.0 billion.

  • Macy's' Operating Expenses fell 63.69% to $2.0 billion in Q4 2025 from the same period last year, while for Nov 2025 it was $8.5 billion, marking a year-over-year decrease of 942.91%. This contributed to the annual value of $8.5 billion for FY2025, which is 958.31% down from last year.
  • Macy's' Operating Expenses amounted to $2.0 billion in Q4 2025, which was down 63.69% from $2.0 billion recorded in Q3 2025.
  • Macy's' Operating Expenses' 5-year high stood at $3.4 billion during Q1 2024, with a 5-year trough of $1.8 billion in Q2 2021.
  • Over the past 5 years, Macy's' median Operating Expenses value was $2.0 billion (recorded in 2022), while the average stood at $2.1 billion.
  • Per our database at Business Quant, Macy's' Operating Expenses crashed by 6304.89% in 2021 and then soared by 3798.54% in 2024.
  • Quarter analysis of 5 years shows Macy's' Operating Expenses stood at $2.0 billion in 2021, then increased by 6.59% to $2.1 billion in 2022, then dropped by 2.28% to $2.1 billion in 2023, then decreased by 0.68% to $2.0 billion in 2024, then dropped by 0.64% to $2.0 billion in 2025.
  • Its Operating Expenses stands at $2.0 billion for Q4 2025, versus $2.0 billion for Q3 2025 and $1.9 billion for Q2 2025.