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

Macy's (M) has disclosed Tax Rate for 18 consecutive years, with 23.41% as the latest value for Q1 2026.

  • Quarterly Tax Rate rose 185.0% to 23.41% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.35% through Jan 2026, up 53.0% year-over-year, with the annual reading at 24.38% for FY2026, 66.0% up from the prior year.
  • Tax Rate for Q1 2026 was 23.41% at Macy's, up from 120.0% in the prior quarter.
  • The five-year high for Tax Rate was 44.12% in Q2 2025, with the low at 120.0% in Q4 2025.
  • Average Tax Rate over 5 years is 15.88%, with a median of 24.3% recorded in 2022.
  • The sharpest move saw Tax Rate skyrocketed 1535bps in 2024, then crashed -14000bps in 2025.
  • Over 5 years, Tax Rate stood at 13.6% in 2022, then crashed by -66bps to 4.65% in 2023, then skyrocketed by 330bps to 20.0% in 2024, then crashed by -700bps to 120.0% in 2025, then soared by 120bps to 23.41% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 23.41%, 120.0%, and 24.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.