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Macy's, Inc. (M) Pre-Tax Margin

Macy's, Inc. Pre-Tax Margin

Pre-tax margin is the percentage of revenue left as profit after every expense except income tax. It is income before income tax divided by revenue, and the table shows both amounts beside the percentage. It sits between operating margin and net margin: it includes interest and other non-operating items but not the tax charge, so the gap down to net margin is the tax burden. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.

  • Macy's, Inc. pre-tax margin for the quarter ending 2026-08-01 was 4.49%, a 95.05% increase year-over-year.
  • Macy's, Inc. pre-tax margin for the quarter ending 2026-05-02 was 1.90%, a 34.00% increase year-over-year.
  • Macy's, Inc. pre-tax margin for the quarter ending 2026-01-31 was 8.36%, a 53.58% increase year-over-year.
  • Macy's, Inc. pre-tax margin for the quarter ending 2025-11-01 was 0.10%, a 85.74% decline year-over-year.
  • Macy's, Inc. pre-tax margin for fiscal 2026 was 3.75%, a 13.17% increase from fiscal 2025.
  • Macy's, Inc. pre-tax margin for fiscal 2025 was 3.32%, a 1740.75% increase from fiscal 2024.
  • Macy's, Inc. pre-tax margin for fiscal 2024 was 0.18%, a 96.90% decline from fiscal 2023.
  • Macy's, Inc. pre-tax margin for fiscal 2023 was 5.80%, a 21.00% decline from fiscal 2022.
Available history
2008-02-02 to 2026-08-01
Data captured

Historical Pre-Tax Margin

DatePre-Tax MarginPre-tax incomeRevenue
2026-08-014.49%$227M$5.06B
2026-05-021.90%$93M$4.89B
2026-01-318.36%$662M$7.92B
2025-11-010.10%$5M$4.91B
2025-08-022.30%$115M$5B
2025-05-031.42%$68M$4.79B
2025-02-015.45%$436M$8.01B
2024-11-020.71%$35M$4.9B
2024-08-033.83%$195M$5.1B
2024-05-041.96%$98M$5B
2024-02-03-2.15%-$180M$8.38B
2023-10-280.85%$43M$5.04B
2023-07-29-0.49%-$26M$5.28B
2023-04-294.00%$207M$5.17B
2023-01-286.94%$596M$8.58B
2022-10-292.29%$125M$5.47B
2022-07-306.24%$364M$5.83B
2022-04-307.04%$392M$5.57B
2018-08-043.54%$197M$5.57B
2018-05-053.30%$183M$5.54B
2018-02-0313.45%$1.17B$8.67B
2017-10-280.70%$37M$5.28B
2017-07-292.98%$168M$5.64B
2017-04-292.71%$145M$5.35B
2017-01-288.70%$741M$8.52B
2016-10-290.46%$26M$5.63B
2016-07-300.34%$20M$5.87B
2016-04-303.08%$178M$5.77B
2016-01-309.51%$843M$8.87B
2015-10-313.03%$178M$5.87B
2015-08-015.62%$343M$6.1B
2015-05-025.04%$314M$6.23B
2015-01-3113.35%$1.25B$9.36B
2014-11-015.26%$326M$6.2B
2014-08-027.52%$471M$6.27B
2014-05-035.46%$343M$6.28B
2014-02-0113.58%$1.25B$9.2B
2013-11-024.21%$264M$6.28B
2013-08-037.22%$438M$6.07B
2013-05-045.29%$338M$6.39B
2013-02-0212.32%$1.15B$9.35B
2012-10-273.65%$222M$6.08B
2012-07-287.34%$449M$6.12B
2012-04-284.54%$279M$6.14B
2012-01-2813.48%$1.18B$8.72B
2011-10-293.13%$183M$5.85B
2011-07-306.65%$395M$5.94B
2011-04-303.63%$214M$5.89B
2011-01-2912.41%$1.03B$8.27B
2010-10-300.23%$13M$5.62B
2010-07-314.33%$240M$5.54B
2010-05-010.74%$41M$5.57B
2010-01-309.36%$735M$7.85B
2009-10-31-1.55%-$82M$5.28B
2009-08-012.11%$109M$5.16B
2009-05-02-4.90%-$255M$5.2B
2009-01-31-61.48%-$4.88B$7.93B
2008-11-01-1.37%-$75M$5.49B
2008-08-022.12%$121M$5.72B

Annual Pre-Tax Margin

DatePre-Tax MarginPre-tax incomeRevenue
2026-01-313.75%$849M$22.62B
2025-02-013.32%$763M$23.01B
2024-02-030.18%$43M$23.87B
2023-01-285.80%$1.48B$25.45B
2022-01-297.35%$1.87B$25.4B
2018-02-036.10%$1.52B$24.84B
2017-01-283.74%$965M$25.78B
2016-01-306.20%$1.68B$27.08B
2015-01-318.50%$2.39B$28.11B
2014-02-018.20%$2.29B$27.93B
2013-02-027.59%$2.1B$27.69B
2012-01-287.45%$1.97B$26.41B
2011-01-295.28%$1.32B$25B
2010-01-302.16%$507M$23.49B
2009-01-31-19.84%-$4.94B$24.89B
2008-02-025.02%$1.32B$26.31B

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