Macy's (M) Tax Provisions (2009 - 2026)

Macy's (M) posted Tax Provisions of $155.0 million for Q1 2026, up 2683.33% sequentially from -$6.0 million in Q4 2025, and up 64.89% YoY from $94.0 million in Q1 2025.

Macy's (M) Tax Provisions (2009 - 2026) Analysis & Trends

Macy's has reported Tax Provisions for 18 years, with the latest figure at $155.0 million in Q1 2026.

  • Quarterly Tax Provisions rose 64.89% year-over-year to $155.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $207.0 million (up 13.74% YoY) and the FY2026 annual result came in at $207.0 million, up 14.36% from the prior year.
  • Tax Provisions grew to $155.0 million in Q1 2026 per M's latest filing, from -$6.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $235.0 million in Q1 2022 and troughed at -$52.0 million in Q1 2024.
  • A 5-year average of $56.1 million and a median of $36.0 million in 2024 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions surged 742.86% in 2024, then slumped 185.71% in 2025.
  • Over 5 years, Tax Provisions stood at $17.0 million in 2022, then plunged by 88.24% to $2.0 million in 2023, then jumped by 250.0% to $7.0 million in 2024, then plunged by 185.71% to -$6.0 million in 2025, then surged by 2683.33% to $155.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $155.0 million, -$6.0 million, and $28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Dillard'S 8.76 Bn 7.34 Bn 718.25 Mn 76.78 Mn
2 Macy's 6.16 Bn 4.86 Bn 2.03 Bn 30.00 Mn
3 Polibeli 3.96 Bn 3.96 Bn - -
4 Kohls 2.18 Bn 1.75 Bn 1.37 Bn -3.00 Mn

Historic Data

Download Data
DateValue
May 2, 2026 30.00 Mn
Jan 31, 2026 155.00 Mn
Nov 1, 2025 -6.00 Mn
Aug 2, 2025 28.00 Mn
May 3, 2025 30.00 Mn
Feb 1, 2025 94.00 Mn
Nov 2, 2024 7.00 Mn
Aug 3, 2024 45.00 Mn
May 4, 2024 36.00 Mn
Feb 3, 2024 -52.00 Mn
Oct 28, 2023 2.00 Mn
Jul 29, 2023 -7.00 Mn
Apr 29, 2023 56.00 Mn
Jan 28, 2023 118.00 Mn
Oct 29, 2022 17.00 Mn
Jul 30, 2022 89.00 Mn
Apr 30, 2022 106.00 Mn
Jan 29, 2022 235.00 Mn
Oct 30, 2021 55.00 Mn
Jul 31, 2021 105.00 Mn