Macy's, Inc. Quarterly Operating Margin in % from Q4 2022 to Q1 2024

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 Q4 2022 to Q1 2024.
  • Macy's, Inc. Operating Margin for the quarter ending May 4, 2024 was 1.11 %, a 81.6% 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, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q1 2024 1.11 -4.92 -81.6% Feb 4, 2024 May 4, 2024
Q4 2023 1.6 -5.2 -76.5% Oct 29, 2023 Feb 3, 2024
Q3 2023 4.69 Jul 30, 2023 Oct 28, 2023
Q2 2023 5.04 Apr 30, 2023 Jul 29, 2023
Q1 2023 6.03 Jan 29, 2023 Apr 29, 2023
Q4 2022 6.8 Oct 30, 2022 Jan 28, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.