Macy's (M) Tax Provisions (2009 - 2026)
Macy's' Tax Provisions came in at $58 million for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 107.1% from $28 million a year earlier and up 93.3% from the prior quarter.
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Analysis
Macy's (M) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 1, 2026, Macy's reported Tax Provisions of $237 million, up 49.1% year-over-year; for FY2026 (ended Jan 31, 2026), it was $207 million, up 14.4% from FY2025.
- Going back by fiscal year, Tax Provisions was $181 million in FY2025, -$2 million in FY2024, $331 million in FY2023 (-23.4%) and $432 million in FY2022.
- The five-year range for quarterly Tax Provisions is -$52 million (fiscal Q4 2024) to $235 million (fiscal Q4 2022).
- Year-over-year, Tax Provisions increased in three of the last six quarters, with growth averaging 61.3%.
- The fastest year-over-year change in Tax Provisions over five years came in fiscal Q3 2025 (growth of 250.0%), and the weakest in fiscal Q3 2024 (a decline of 88.2%).
- Business Quant data shows M's Tax Provisions at $30 million (Q1 2027), $155 million (Q4 2026) and -$6 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 18.20 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 1.55 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 498.00 Mn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 776.00 Mn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 283.46 Mn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 582.00 Mn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 209.01 Mn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 66.00 Mn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 171.78 Mn |
| 10 | Macy's | 6.01 Bn | 1.73 Bn | 2.21 Bn | 58.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 58.00 Mn |
| 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 |
API Access
Macy's Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "M", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();