Macy's, Inc. (M) Operating margin 2016–2025
Macy's, Inc. (M) operating margin by fiscal year — reported operating income divided by reported revenue.
4.7%FY2025 · since FY2016: 5.3% → 4.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.7% | +0.7 pp |
| FY2024 | 4.1% | +2.8 pp |
| FY2023 | 1.3% | -5.6 pp |
| FY2022 | 6.9% | -2.6 pp |
| FY2021 | 9.5% | +35.3 pp |
| FY2020 | -25.8% | -29.7 pp |
| FY2019 | 3.9% | -3.0 pp |
| FY2018 | 7.0% | -0.5 pp |
| FY2017 | 7.5% | +2.2 pp |
| FY2016 | 5.3% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice