Macy's, Inc. (M) Tax Rate: 24.38%
Is Macy's, Inc.’s tax rate high or low?
Macy's, Inc.'s tax rate of 24.38% is 37% above its 4-year average of 17.85%, near the high end of its 4-year range (-4.65%–24.38%).
1.37% above its 12-month average of 24.05%.
M Tax Rate Chart
M Average Tax Rate Chart
M Current vs Average Tax Rate Chart
M Tax Rate Metrics
TAX RATE
24.38%
TAX RATE AVG TTM
24.05%
TAX RATE AVG 3Y
14.48%
TAX RATE AVG 5Y
17.85%
TAX RATE AVG 10Y
20.15%
TAX RATE AVG 15Y
29.19%
TAX RATE AVG 20Y
28.53%
CURRENT VS TTM AVG
+1.37%
CURRENT VS 3Y AVG
+68.33%
CURRENT VS 5Y AVG
+36.61%
CURRENT VS 10Y AVG
+21.01%
CURRENT VS 15Y AVG
-16.46%
CURRENT VS 20Y AVG
-14.55%
Macy's, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Macy's, Inc. Tax Rate FAQ
- What is the tax rate for Macy's, Inc. (M)?
- The tax rate for M stock is 24.38%.
- Is Macy's, Inc.'s tax rate high or low?
- Macy's, Inc.'s tax rate of 24.38% is 37% above its 4-year average of 17.85%, near the high end of its 4-year range (-4.65%–24.38%).
- What is the TTM average tax rate for Macy's, Inc. (M)?
- The TTM average tax rate for M stock is 24.05%.
- What is the 3Y average tax rate for Macy's, Inc. (M)?
- The 3Y average tax rate for M stock is 14.48%.
- What is the 5Y average tax rate for Macy's, Inc. (M)?
- The 5Y average tax rate for M stock is 17.85%.
- What is the 10Y average tax rate for Macy's, Inc. (M)?
- The 10Y average tax rate for M stock is 20.15%.
- What is the 15Y average tax rate for Macy's, Inc. (M)?
- The 15Y average tax rate for M stock is 29.19%.
- What is the 20Y average tax rate for Macy's, Inc. (M)?
- The 20Y average tax rate for M stock is 28.53%.
Macy's, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-01-31 | 24.38% |
| 2025-02-01 | 23.72% |
| 2024-02-03 | -4.65% |
| 2023-01-28 | 22.41% |
| 2022-01-29 | 23.37% |
| 2021-01-30 | 17.66% |
| 2020-01-31 | 22.53% |
| 2019-01-31 | 22.68% |
| 2018-01-31 | -2.57% |
| 2017-01-31 | 35.85% |
| 2016-01-31 | 36.23% |
| 2015-01-31 | 36.15% |
| 2014-01-31 | 35.11% |
| 2013-01-31 | 36.49% |
| 2012-01-31 | 36.18% |
| 2011-01-31 | 35.83% |
| 2010-01-31 | 35.11% |
| 2009-01-31 | 2.73% |
| 2008-01-31 | 31.14% |
| 2007-01-31 | 31.67% |
| 2006-01-31 | 32.83% |
| 2005-01-31 | 38.26% |
| 2004-01-31 | 36.07% |
| 2003-01-31 | 39.12% |
| 2002-01-31 | 33.59% |
| 2001-01-31 | 40.07% |
| 2000-01-31 | 40.48% |
| 1999-01-31 | 41.10% |
| 1998-01-31 | 39.98% |
| 1997-01-31 | 39.68% |
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