← Macy's, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other revenue | — | — | — | — | — | $939.0m | $1.0b | $774.0m | $713.0m | $857.0m | — | |
| Cost of Revenue |
$15.6b
-5.30%
|
$15.2b
-2.82%
|
$15.2b
+0.22%
|
$15.2b
-0.29%
|
$12.3b
-19.02%
|
$15.0b
+21.73%
|
$15.3b
+2.34%
|
$14.2b
-7.07%
|
$13.7b
-3.40%
|
$13.5b
-1.77%
|
$13.6b
+0.48%
|
|
| Cost of sales | ($15.6b) |
($15.2b)
+3.00%
|
($15.2b)
-0.42%
|
($15.2b)
+0.29%
|
($12.3b)
+19.02%
|
($15.0b)
-21.73%
|
($15.3b)
-2.34%
|
($14.1b)
+7.60%
|
($13.7b)
+2.85%
|
($13.5b)
+1.77%
|
$13.6b
+200.48%
|
|
| Gross Profit |
$10.2b
-4.03%
|
$9.8b
-3.93%
|
$9.8b
-0.02%
|
$9.4b
-3.76%
|
$5.1b
-46.11%
|
$9.5b
+87.83%
|
$9.1b
-3.87%
|
$8.9b
-2.93%
|
$8.6b
-3.55%
|
$8.3b
-3.34%
|
$9.2b
+10.78%
|
|
| Interest Income (Expense), Net |
($363.0m)
-0.55%
|
($310.0m)
+14.60%
|
($236.0m)
+23.87%
|
— | — | — | — | — | — | — | — | |
| Marketing and Advertising Expense | $1.2b | $1.1b | $1.2b | $1.1b | $818.0m | $1.2b | $1.2b | $1.1b | $1.1b | $1.0b | — | |
| Selling, General and Administrative Expense | $8.5b | $9.0b | $9.0b | $9.0b | $6.8b | $8.0b | $8.5b | $8.4b | $8.3b | $8.2b | $8.3b | |
| Selling, general and administrative expenses | ($8.3b) | ($8.1b) | ($9.0b) | ($9.0b) | ($6.8b) | ($8.0b) | ($8.3b) | ($8.4b) | ($8.3b) | ($8.2b) | $8.3b | |
| Amortization of Intangible Assets | $10.0m | $10.0m | $10.0m | $3.0m | $2.0m | $2.0m | $2.0m | $2.0m | — | $5.0m | — | |
| Impairment, restructuring and other costs | ($479.0m) | ($186.0m) | ($136.0m) | ($354.0m) | ($3.6b) | ($30.0m) | ($41.0m) | ($1.0b) | ($171.0m) | ($230.0m) | — | |
| Operating Lease, Expense | — | — | — | $418.0m | $421.0m | $407.0m | — | — | — | — | — | |
| Restructuring and Related Cost, Incurred Cost | $46.0m | ($9.0m) | ($8.0m) | $34.0m | $75.0m | $21.0m | $21.0m | $15.0m | $39.0m | $23.0m | — | |
| Operating Income (Loss) |
$1.3b
-35.51%
|
$1.9b
+41.75%
|
$1.7b
-6.76%
|
$970.0m
-44.19%
|
($4.5b)
-561.34%
|
$2.4b
+152.51%
|
$1.7b
-26.38%
|
$301.0m
-82.60%
|
$909.0m
+201.99%
|
$1.0b
+13.31%
|
$879.0m
-14.66%
|
|
| Financing Interest Expense | $377.0m | $332.0m | $271.0m | $214.0m | $293.0m | $270.0m | $197.0m | $198.0m | $188.0m | $167.0m | — | |
| Interest Expense | $367.0m | $321.0m | $261.0m | $205.0m | $284.0m | $256.0m | $175.0m | $170.0m | $158.0m | $139.0m | $95.0m | |
| Interest Expense, Debt | $392.0m | $332.0m | $269.0m | $211.0m | $273.0m | $246.0m | $185.0m | $187.0m | $178.0m | $160.0m | $95.0m | |
| Interest expense, net | — | — | — | — | — | ($255.0m) | ($162.0m) | ($135.0m) | ($115.0m) | ($97.0m) | $95.0m | |
| Investment Income, Interest | $4.0m | $11.0m | $25.0m | $20.0m | $4.0m | $1.0m | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | $0 | $0 | $328.0m | — | |
| Gain (Loss) from Litigation Settlement | — | — | — | — | — | — | — | $0 | $0 | $328.0m | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($98.0m) | ($105.0m) | ($88.0m) | ($58.0m) | ($84.0m) | ($96.0m) | ($39.0m) | ($134.0m) | ($46.0m) | ($67.0m) | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | ($255.0m) | ($162.0m) | ($135.0m) | ($115.0m) | ($97.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $952.0m | $1.5b | $1.4b | $728.0m | ($4.8b) | $1.9b | $1.5b | $43.0m | $763.0m | $849.0m | $874.0m | |
| Current Income Tax Expense (Benefit) | $470.0m | $383.0m | $210.0m | $170.0m | ($519.0m) | $417.0m | $379.0m | $242.0m | $233.0m | $145.0m | $207.0m | |
| Federal, state and local income tax (expense) benefit | ($341.0m) | $29.0m | ($322.0m) | ($164.0m) | $846.0m | ($436.0m) | ($341.0m) | ($19.0m) | ($181.0m) | ($207.0m) | — | |
| Income Tax Expense (Benefit) | $341.0m | ($39.0m) | $322.0m | $164.0m | ($846.0m) | $436.0m | $341.0m | ($2.0m) | $181.0m | $207.0m | $207.0m | |
| Net Income (Loss) Attributable to Parent |
$619.0m
-42.26%
|
$1.6b
+152.99%
|
$1.1b
-29.25%
|
$564.0m
-49.10%
|
($3.9b)
-799.29%
|
$1.4b
+136.26%
|
$1.2b
-17.69%
|
$45.0m
-96.18%
|
$582.0m
+1193.33%
|
$642.0m
+10.31%
|
$667.0m
+3.89%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($8.0m) | ($11.0m) | ($10.0m) | $0 | — | — | — | — | — | — | $667.0m | |
| Earnings Per Share, Basic | $2.01 | $5.13 | $3.60 | $1.82 | ($12.68) | $4.66 | $4.28 | $0.16 | $2.10 | $2.37 | $2.47 | |
| Earnings Per Share, Diluted | $1.99 | $5.10 | $3.56 | $1.81 | ($12.68) | $4.55 | $4.19 | $0.16 | $2.07 | $2.32 | $2.42 | |
| Common Stock, Dividends, Per Share, Declared | $1.49 | $5.07 | $1.50 | $1.51 | $0.38 | $0.30 | $0.63 | $0.66 | $0.69 | $0.73 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 308.5m | 305.4m | 307.7m | 309.7m | 311.1m | 306.8m | 274.7m | 274.2m | 277.7m | 270.6m | 267.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 310.8m | 306.8m | 311.4m | 311.4m | 311.1m | 314.0m | 281.1m | 278.2m | 281.6m | 276.5m | 274.5m | |
| Additional Financial Items | ||||||||||||
| Benefit plan income, net | $55.0m | $57.0m | $39.0m | $31.0m | $54.0m | $66.0m | $20.0m | $11.0m | $16.0m | $16.0m | — | |
| Capitalized Computer Software, Amortization | $293.0m | $301.0m | $296.0m | $285.0m | $268.0m | $238.0m | $235.0m | $269.0m | $310.0m | $351.0m | — | |
| Gains on sale of real estate | $209.0m | $544.0m | $389.0m | $162.0m | $60.0m | $91.0m | $89.0m | $61.0m | $144.0m | $48.0m | — | |
| Loss on extinguishment of debt | $0 | $10.0m | ($33.0m) | ($30.0m) | $0 | ($199.0m) | ($31.0m) | $0 | ($1.0m) | ($33.0m) | — | |
| Pension settlement charges | ($98.0m) | ($105.0m) | ($88.0m) | ($58.0m) | ($84.0m) | ($96.0m) | ($39.0m) | ($134.0m) | ($46.0m) | ($67.0m) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | ($57.0m) | ($39.0m) | ($31.0m) | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.