Macy's, Inc. Annual Operating Margin in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Macy's, Inc. quarterly/annual Operating Margin history and growth rate from 2021 to 2023.
  • Macy's, Inc. Operating Margin for the quarter ending August 3, 2024 was 1.54 %, a 69.6% decline year-over-year.
  • Macy's, Inc. annual Operating Margin for 2023 was 1.6 %, a 76.5% decline from 2022.
  • Macy's, Inc. annual Operating Margin for 2022 was 6.8 %, a 26.5% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.6 -5.2 -76.5% Jan 29, 2023 Feb 3, 2024
2022 6.8 -2.45 -26.5% Jan 30, 2022 Jan 28, 2023
2021 9.25 Jan 31, 2021 Jan 29, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.