What are Macy's's profit margins?

Macy's (M) runs a 40.3% gross margin and a 4.6% operating margin, with a 2.9% net margin.

Where do Macy's's ratios come from?

Every ratio is computed from Macy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Macy's M Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	40.3%+0.1pp	40.3%-0.1pp	40.4%+0.7pp	39.7%-1.4pp
Operating margin	4.6%+0.6pp	4%+2.7pp	1.3%-5.4pp	6.6%-2.6pp
Net margin	2.8%+0.3pp	2.5%+2.3pp	0.2%-4.3pp	4.5%-1.1pp
EBITDA margin	8.5%+0.7pp	7.8%+2.8pp	5%-5.0pp	10%-2.6pp
Free cash flow margin	4.7%+1.4pp	3.3%+0.5pp	2.8%0.0pp	2.9%-7.3pp
Returns
Return on equity	13.7%+0.1pp	13.6%+12.4pp	1.1%-28.8pp	29.9%-16.0pp
Return on assets	3.9%+0.4pp	3.6%+3.3pp	0.3%-6.4pp	6.7%-1.4pp
Return on invested capital	8.4%+1.0pp	7.4%+4.2pp	3.2%-11.3pp	14.5%-5.7pp
Efficiency
Asset turnover	1.4×0.0×	1.4×0.0×	1.4×0.0×	1.5×0.0×
Inventory turnover	3×-0.1×	3.1×-0.2×	3.3×-0.3×	3.5×-0.1×
Liquidity
Current ratio	1.5×+0.1×	1.4×+0.1×	1.3×+0.1×	1.2×0.0×
Quick ratio	0.5×+0.1×	0.4×+0.1×	0.4×+0.1×	0.3×-0.1×
Cash ratio	0.3×0.0×	0.3×+0.1×	0.2×+0.1×	0.2×-0.1×
Leverage
Debt-to-equity	1.1×-0.2×	1.3×-0.2×	1.6×0.0×	1.6×-0.3×
Debt-to-assets	0.3×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	2.2×-0.4×	2.7×-1.8×	4.4×+2.3×	2.1×+0.6×
Valuation
Market capitalization	$5.26B+32.0%	$3.98B-17.4%	$4.82B-14.8%	$5.66B-21.1%
Enterprise value	$9.58B+9.5%	$8.75B-13.6%	$10.13B-8.6%	$11.09B-8.9%
Price / earnings	8.2×+1.3×	6.8×-100×	107.1×+102×	4.9×-0.1×
Price / sales	0.2×+0.1×	0.2×0.0×	0.2×0.0×	0.2×-0.1×
Price / book	1.1×+0.2×	0.9×-0.3×	1.2×-0.2×	1.4×-0.6×
EV / EBITDA	5×+0.1×	4.9×-3.6×	8.4×+4.1×	4.4×+0.6×
EV / sales	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Free cash flow yield	20.1%+1.0pp	19.1%+5.1pp	14%+1.1pp	12.9%-23.0pp
Earnings yield	12.2%-2.4pp	14.6%+13.7pp	0.9%-19.3pp	20.3%+0.5pp
Dividend yield	3.7%-1.1pp	4.8%+1.1pp	3.8%+0.7pp	3.1%+1.8pp
PEG ratio	0.8×+0.8×	0×—	——	——

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Questions, answered.

What are Macy's's profit margins?: Macy's (M) runs a 40.3% gross margin and a 4.6% operating margin, with a 2.9% net margin.
Where do Macy's's ratios come from?: Every ratio is computed from Macy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.