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Macy's M Gross margin

Gross margin at other companies

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Cato CorporationCATO
34.5%+1.9pp
GCO
GenescoGCO
46.3%-0.7pp
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TargetTGT
28.1%+0.1pp
Dillards logo
DillardsDDS
40.5%+0.2pp
TJX Companies logo
TJX CompaniesTJX
31.4%+0.9pp
Ross Stores logo
Ross StoresROST
28.1%+0.3pp

Other financials

Income statement

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Revenue$4.9B+2.1%
Gross profit$2.0B+1.7%
Operating income$112.0M+19.1%
Net income$63.0M+65.8%
EPS (diluted)$0.23+76.9%

Balance sheet

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Cash & equivalents$1.3B+38.8%
Total debt$2.4B-12.5%
Total equity$4.8B+8.7%
Total assets$16.3B+1.3%

Cash flow

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Operating cash flow$292.0M+556%
CapEx$88.0M-12.0%
Free cash flow$204.0M+224%

Valuation

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Market cap$6.71B+104%
Enterprise value$7.85B+52.8%
P/E10.1×+4.2×
P/S0.3×+0.2×

Profitability

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Operating margin4.6%+0.8pp
Net margin2.9%+0.5pp
FCF margin6.3%+3.5pp

Returns & leverage

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Return on equity14.4%+1.3pp
Debt / equity0.5×-0.1×
Current ratio1.5×0.0×

Where this comes from

Calculated from Macy's’s reported figures.

Based on trailing twelve months.

The source filing: Macy's’s 10-Q, filed June 4, 2026. Open the filing →

Filed
Jun 4, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040820

FAQ

What is Macy's's gross margin?
Macy's (M) reported gross margin of 40.3% in Q1 2026.
How has Macy's's gross margin changed year-over-year?
Macy's's gross margin decreased by 0.2% year-over-year, from 40.4% to 40.3%.
What is the long-term trend for Macy's's gross margin?
Over 5 years (2020 to 2025), Macy's's gross margin has grown at a 6.7% compound annual growth rate (CAGR), from 29.2% to 40.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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