Macy's, Inc. (M) Gross Margin: 36.54%
Is Macy's, Inc.’s gross margin high or low?
Macy's, Inc.'s gross margin of 36.54% is in line with its 4-year average of 39.61%, near the low end of its 4-year range (36.54%–41.12%).
As of Tuesday, June 23, 2026. 4.88% below its 12-month average of 38.41%.
M Gross Margin Chart
M Average Gross Margin Chart
M Current vs Average Gross Margin Chart
M Gross Margin Metrics
GROSS MARGIN
36.54%
GROSS MARGIN AVG TTM
38.41%
GROSS MARGIN AVG 3Y
39.08%
GROSS MARGIN AVG 5Y
39.61%
GROSS MARGIN AVG 10Y
39.28%
GROSS MARGIN AVG 15Y
40.35%
GROSS MARGIN AVG 20Y
40.32%
CURRENT VS TTM AVG
-4.88%
CURRENT VS 3Y AVG
-6.49%
CURRENT VS 5Y AVG
-7.75%
CURRENT VS 10Y AVG
-6.97%
CURRENT VS 15Y AVG
-9.44%
CURRENT VS 20Y AVG
-9.38%
M Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Macy's, Inc. (M) | $6.49B | 36.54% | 38.41% | 39.08% | 39.61% |
| LKQ Corporation (LKQ)vs › | $6.47B | 37.68% | 38.56% | 39.54% | 39.72% |
| Mohawk Industries, Inc. (MHK)vs › | $6.70B | 24.34% | 24.34% | 24.52% | 25.45% |
| Etsy, Inc. (ETSY)vs › | $6.88B | 72.01% | 72.03% | 71.22% | 71.64% |
| Chewy, Inc. (CHWY)vs › | $7.25B | 29.72% | 29.52% | 29.13% | 28.40% |
| The Gap, Inc. (GAP)vs › | $7.42B | 40.50% | 41.03% | 38.80% | 38.18% |
| Abercrombie & Fitch Co. (ANF)vs › | $3.81B | 60.86% | 62.81% | 62.85% | 61.54% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $9.17B | 43.05% | 35.98% | 29.98% | -10.09% |
| Thor Industries, Inc. (THO)vs › | $3.78B | 12.34% | 14.14% | 14.92% | 14.38% |
| The Gap, Inc. (GPS)vs › | $9.21B | 40.50% | 41.03% | 40.29% | 39.00% |
Gross Margin Analysis
Gross Margin
36.5%
(Revenue - COGS) / Revenue
Macy's, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Macy's, Inc. Gross Margin FAQ
- What is the gross margin for Macy's, Inc. (M)?
- The gross margin for M stock is 36.54%.
- Is Macy's, Inc.'s gross margin high or low?
- Macy's, Inc.'s gross margin of 36.54% is in line with its 4-year average of 39.61%, near the low end of its 4-year range (36.54%–41.12%).
- What is the TTM average gross margin for Macy's, Inc. (M)?
- The TTM average gross margin for M stock is 38.41%.
- What is the 3Y average gross margin for Macy's, Inc. (M)?
- The 3Y average gross margin for M stock is 39.08%.
- What is the 5Y average gross margin for Macy's, Inc. (M)?
- The 5Y average gross margin for M stock is 39.61%.
- What is the 10Y average gross margin for Macy's, Inc. (M)?
- The 10Y average gross margin for M stock is 39.28%.
- What is the 15Y average gross margin for Macy's, Inc. (M)?
- The 15Y average gross margin for M stock is 40.35%.
- What is the 20Y average gross margin for Macy's, Inc. (M)?
- The 20Y average gross margin for M stock is 40.32%.
Macy's, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-01-31 | 36.55% |
| 2025-02-01 | 40.28% |
| 2024-02-03 | 40.40% |
| 2023-01-28 | 39.70% |
| 2022-01-29 | 41.12% |
| 2021-01-30 | 32.11% |
| 2020-01-31 | 40.11% |
| 2019-01-31 | 40.89% |
| 2018-01-31 | 40.79% |
| 2017-01-31 | 41.03% |
| 2016-01-31 | 39.08% |
| 2015-01-31 | 40.00% |
| 2014-01-31 | 40.12% |
| 2013-01-31 | 40.27% |
| 2012-01-31 | 40.40% |
| 2011-01-31 | 40.71% |
| 2010-01-31 | 40.51% |
| 2009-01-31 | 39.70% |
| 2008-01-31 | 40.42% |
| 2007-01-31 | 39.94% |
| 2006-01-31 | 40.61% |
| 2005-01-31 | 40.53% |
| 2004-01-31 | 40.39% |
| 2003-01-31 | 40.04% |
| 2002-01-31 | 39.10% |
| 2001-01-31 | 40.17% |
| 2000-01-31 | 40.26% |
| 1999-01-31 | 44.11% |
| 1998-01-31 | 43.56% |
| 1997-01-31 | 42.25% |
Related Metrics
About Macy's, Inc.
Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of January 29, 2022, Macy's operated 725 department stores domestically in locations such as the District of Columbia, Puerto Rico, and Guam. These stores are branded under several well-known names like Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and the beauty retailer bluemercury. Internationally, Macy's also extends its reach through licensing agreements, with operations in Dubai, United Arab Emirates, and Al Zahra, Kuwait. The company maintains a presence in the beauty and spa retail sector. Originally established in 1830, the company was previously known as Federated Department Stores, Inc. It officially changed its name to Macy's, Inc. in June 2007, and its corporate headquarters are located in New York, New York.
- Sector
- Consumer Cyclical
- Industry
- Department Stores
- CEO
- Antony Spring