Macys Income Before Tax from 2010 to 2024

M Stock  USD 16.56  0.42  2.60%   
Macys Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to drop to about 117.8 M. During the period from 2010 to 2024, Macys Income Before Tax quarterly data regression pattern had range of 7.2 B and standard deviation of  1,759,489,401. View All Fundamentals
 
Income Before Tax  
First Reported
1992-01-31
Previous Quarter
195 M
Current Value
35 M
Quarterly Volatility
684.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Macys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Macys' main balance sheet or income statement drivers, such as Depreciation And Amortization of 946.9 M or Interest Expense of 174.2 M, as well as many indicators such as Price To Sales Ratio of 0.81 or Dividend Yield of 0.0186. Macys financial statements analysis is a perfect complement when working with Macys Valuation or Volatility modules.
  
Check out the analysis of Macys Correlation against competitors.

Latest Macys' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Macys Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Macys income statement and is an important metric when analyzing Macys Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Macys' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Macys' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Macys Income Before Tax Regression Statistics

Arithmetic Mean940,186,667
Coefficient Of Variation187.14
Mean Deviation1,105,217,778
Median1,507,000,000
Standard Deviation1,759,489,401
Sample Variance3095803T
Range7.2B
R-Value(0.36)
Mean Square Error2906355.7T
R-Squared0.13
Significance0.19
Slope(140,897,857)
Total Sum of Squares43341241.3T

Macys Income Before Tax History

2024117.8 M
2023124 M
20221.5 B
20211.9 B
2020-4.8 B
2019728 M
20181.4 B

About Macys Financial Statements

Macys investors utilize fundamental indicators, such as Income Before Tax, to predict how Macys Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax124 M117.8 M

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Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macys. If investors know Macys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
0.61
Revenue Per Share
85.208
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0511
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macys' market value can be influenced by many factors that don't directly affect Macys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.