Women’S Accessories, Shoes, Cosmetics & Fragrances was Macy's’s largest product and service line in fiscal 2025, bringing in $9.33B of $22.29B (42%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Women'S Accessories, Intimate Apparel, Shoes & Cosmetics | — | — | — | — | |||||
| Womens Accessories, Intimate Apparel, Shoes, Cosmetics & Fragrances | — | — | — | — | |||||
| Women’S Accessories, Shoes, Cosmetics & Fragrances | $9.39B | $9.60B | $9.52B | $9.33B | |||||
| Men'S & Children'S | — | — | — | — | |||||
| Women’S Apparel | $5.17B | $5.35B | $4.86B | $4.83B | |||||
| Womens Apparel | — | — | — | — | |||||
| Women'S Apparel | — | — | — | — | |||||
| Men’S & Kids’ | $5.25B | $5.30B | $4.92B | $4.75B | |||||
| Mens & Kids | — | — | — | — | |||||
| Home & Miscellaneous | — | — | — | — | |||||
| Home/Other | $4.65B | $4.20B | $3.79B | $3.38B | |||||
| Total | $24.46B | $24.44B | $23.09B | $22.29B |
Macy's brought in $22.29B from its four product and service lines in fiscal 2025, the year ended February 1, 2025. That was down 3.5% from $23.09B in fiscal 2024. Women’S Accessories, Shoes, Cosmetics & Fragrances was the largest at $9.33B (41.9%), ahead of Women’S Apparel at $4.83B (21.6%) and Men’S & Kids’ at $4.75B (21.3%). The remaining line, Home/Other, brought in $3.38B.
Compared with fiscal 2024, every line above 2% of revenue shrank. Women’S Apparel held up best, down 0.7% to $4.83B, and Home/Other fell the most, down 10.9% to $3.38B. From fiscal 2022 to 2025, combined revenue from these lines fell from $24.46B to $22.29B, a compound annual decline of 3.0%. Women’S Accessories, Shoes, Cosmetics & Fragrances' share of the total rose from 38.4% to 41.9%.
Non-Guarantor Subsidiaries was Macy's’s largest revenue line in fiscal 2014, bringing in $23.42B of $27.93B (84%).
| Legal Entity | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|
| Non-Guarantor Subsidiaries | $21.31B | $22.44B | $23.42B |
| Subsidiary Issuer | $13.41B | $13.59B | $13.23B |
| Consolidation, Eliminations | -$8.31B | -$8.35B | -$8.72B |
| Total | $26.41B | $27.69B | $27.93B |
Macy's brought in $27.93B from its three revenue lines in fiscal 2014, the year ended February 1, 2014. That was up 0.9% from $27.69B in fiscal 2013. Non-Guarantor Subsidiaries was the largest at $23.42B (83.8%), ahead of Subsidiary Issuer at $13.23B (47.4%).
Compared with fiscal 2013, Non-Guarantor Subsidiaries grew 4.4% to $23.42B, while Subsidiary Issuer fell 2.7% to $13.23B. From fiscal 2012 to 2014, combined revenue from these revenue lines grew from $26.41B to $27.93B, a compound annual growth rate of 2.8%. Non-Guarantor Subsidiaries' share of the total rose from 80.7% to 83.8%.
The total is net of Consolidation, Eliminations, which took $8.72B off revenue in fiscal 2014.
Other Subsidiaries was Macy's’s largest segment in fiscal 2011, bringing in $19.90B of $25.00B (80%).
| Segment Information by Entity | FY 2009 | FY 2010 | FY 2011 |
|---|---|---|---|
| Other Subsidiaries | $13.76B | $16.70B | $19.90B |
| Subsidiary Issuer | $13.54B | $12.79B | $13.12B |
| Consolidating Adjustments | -$2.40B | -$6.00B | -$8.02B |
| Total | $24.89B | $23.49B | $25.00B |
Macy's brought in $25.00B from its three segments in fiscal 2011, the year ended January 29, 2011. That was up 6.4% from $23.49B in fiscal 2010. Other Subsidiaries was the largest at $19.90B (79.6%), ahead of Subsidiary Issuer at $13.12B (52.5%).
Compared with fiscal 2010, Other Subsidiaries grew 19.2% to $19.90B and Subsidiary Issuer grew 2.6% to $13.12B. From fiscal 2009 to 2011, combined revenue from these segments grew from $24.89B to $25.00B, a compound annual growth rate of 0.2%. Other Subsidiaries' share of the total rose from 55.3% to 79.6%.
The total is net of Consolidating Adjustments, which took $8.02B off revenue in fiscal 2011.
Macy's (M) reports its revenue by product and service, by legal entity and by segment information by entity. In fiscal 2025, Women’S Accessories, Shoes, Cosmetics & Fragrances was its largest product and service line, bringing in $9.33B (41.9% of the total), followed by Women’S Apparel at $4.83B (21.6%).
Women’S Accessories, Shoes, Cosmetics & Fragrances was Macy's' largest product and service line in fiscal 2025, bringing in $9.33B, or 41.9% of the $22.29B total across its four product and service lines.
Non-Guarantor Subsidiaries was Macy's' largest revenue line in fiscal 2014, bringing in $23.42B, or 83.8% of the $27.93B total across its three revenue lines.
Other Subsidiaries was Macy's' largest segment in fiscal 2011, bringing in $19.90B, or 79.6% of the $25.00B total across its three segments.
Non-Guarantor Subsidiaries grew faster than Subsidiary Issuer in fiscal 2014, up 4.4% from $22.44B to $23.42B. Subsidiary Issuer fell 2.7% to $13.23B.
Every figure comes from Macy's' annual financial filings, as reported. Each line keeps the name Macy's gives it, and years follow its fiscal calendar.
Macy's' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.