Growth Metrics

Macy's (M) Tax Provisions (2016 - 2026)

Macy's (M) has disclosed Tax Provisions for 18 consecutive years, with $155.0 million as the latest value for Q1 2026.

  • Quarterly Tax Provisions rose 64.89% to $155.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $207.0 million through Jan 2026, up 13.74% year-over-year, with the annual reading at $207.0 million for FY2026, 14.36% up from the prior year.
  • Tax Provisions for Q1 2026 was $155.0 million at Macy's, up from -$6.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $235.0 million in Q1 2022, with the low at -$52.0 million in Q1 2024.
  • Average Tax Provisions over 5 years is $56.1 million, with a median of $36.0 million recorded in 2024.
  • The sharpest move saw Tax Provisions soared 742.86% in 2024, then plummeted 185.71% in 2025.
  • Over 5 years, Tax Provisions stood at $17.0 million in 2022, then crashed by 88.24% to $2.0 million in 2023, then surged by 250.0% to $7.0 million in 2024, then tumbled by 185.71% to -$6.0 million in 2025, then soared by 2683.33% to $155.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods came in at $155.0 million, -$6.0 million, and $28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.