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Macy's, Inc. (M) Net Profit Margin: 2.94%

Is Macy's, Inc.’s net profit margin high or low?

Macy's, Inc.'s net profit margin of 2.94% is in line with its 4-year average of 3.14%, around the middle of its 4-year range (0.19%–5.63%).

As of Tuesday, June 23, 2026. 9.50% above its 12-month average of 2.68%.

M Net Profit Margin Chart

M Net Profit Margin
2.84%+12.25% 1Y
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M Average Net Profit Margin Chart

M Current vs Average Net Profit Margin Chart

M Net Profit Margin Metrics

NET PROFIT MARGIN

2.94%

NET PROFIT MARGIN AVG TTM

2.68%

NET PROFIT MARGIN AVG 3Y

1.85%

NET PROFIT MARGIN AVG 5Y

3.14%

NET PROFIT MARGIN AVG 10Y

1.17%

NET PROFIT MARGIN AVG 15Y

3.89%

NET PROFIT MARGIN AVG 20Y

3.85%

CURRENT VS TTM AVG

+9.50%

CURRENT VS 3Y AVG

+58.63%

CURRENT VS 5Y AVG

-6.31%

CURRENT VS 10Y AVG

+151.48%

CURRENT VS 15Y AVG

-24.45%

CURRENT VS 20Y AVG

-23.62%

M Competitors' Net Profit Margin

NAMEMARKET CAPNET PROFIT MARGINTTM3Y5Y
Macy's, Inc. (M)$6.49B2.94%2.68%1.85%3.14%
LKQ Corporation (LKQ)vs ›$6.47B3.71%4.58%6.22%6.46%
Mohawk Industries, Inc. (MHK)vs ›$6.70B3.77%4.11%1.12%3.18%
Etsy, Inc. (ETSY)vs ›$6.88B9.94%8.23%0.15%7.00%
Chewy, Inc. (CHWY)vs ›$7.25B1.57%2.54%1.81%1.02%
The Gap, Inc. (GAP)vs ›$7.42B6.25%5.45%3.25%1.62%
Abercrombie & Fitch Co. (ANF)vs ›$3.81B9.34%10.54%9.58%7.18%
Norwegian Cruise Line Holdings Ltd. (NCLH)vs ›$9.17B5.66%6.96%-7.75%-173.33%
Thor Industries, Inc. (THO)vs ›$3.78B2.66%2.67%3.92%3.96%
The Gap, Inc. (GPS)vs ›$9.21B6.25%5.45%4.76%2.90%

Margin Comparison

Operating Margin

4.5%

Net Profit Margin

2.9%

Macy's, Inc. Net Profit Margin Formula & Definition

Net Profit Margin = Net Income / Revenue

Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Macy's, Inc. Net Profit Margin FAQ

What is the net profit margin for Macy's, Inc. (M)?
The net profit margin for M stock is 2.94%.
Is Macy's, Inc.'s net profit margin high or low?
Macy's, Inc.'s net profit margin of 2.94% is in line with its 4-year average of 3.14%, around the middle of its 4-year range (0.19%–5.63%).
What is the TTM average net profit margin for Macy's, Inc. (M)?
The TTM average net profit margin for M stock is 2.68%.
What is the 3Y average net profit margin for Macy's, Inc. (M)?
The 3Y average net profit margin for M stock is 1.85%.
What is the 5Y average net profit margin for Macy's, Inc. (M)?
The 5Y average net profit margin for M stock is 3.14%.
What is the 10Y average net profit margin for Macy's, Inc. (M)?
The 10Y average net profit margin for M stock is 1.17%.
What is the 15Y average net profit margin for Macy's, Inc. (M)?
The 15Y average net profit margin for M stock is 3.89%.
What is the 20Y average net profit margin for Macy's, Inc. (M)?
The 20Y average net profit margin for M stock is 3.85%.

Macy's, Inc. Net Profit Margin History

DATENET PROFIT MARGIN
2026-01-312.84%
2025-02-012.53%
2024-02-030.19%
2023-01-284.50%
2022-01-295.63%
2021-01-30-21.79%
2020-01-312.23%
2019-01-314.30%
2018-01-316.11%
2017-01-312.36%
2016-01-313.96%
2015-01-315.43%
2014-01-315.32%
2013-01-314.82%
2012-01-314.76%
2011-01-313.39%
2010-01-311.40%
2009-01-31-19.30%
2008-01-313.39%
2007-01-313.69%
2006-01-316.28%
2005-01-314.37%
2004-01-314.54%
2003-01-315.30%
2002-01-31-1.76%
2001-01-31-1.11%
2000-01-314.96%
1999-01-314.31%
1998-01-313.52%
1997-01-311.75%

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.

New York City, NY
94,189 employees
Consumer Cyclical / Department Stores
Sector
Consumer Cyclical
Industry
Department Stores
CEO
Antony Spring