Macys Income Tax Expense from 2010 to 2024

M Stock  USD 16.56  0.42  2.60%   
Macys Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to drop to about 18.1 M. During the period from 2010 to 2024, Macys Income Tax Expense quarterly data regression pattern had sample variance of 193926.8 T and median of  341,000,000. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-01-31
Previous Quarter
45 M
Current Value
M
Quarterly Volatility
135.8 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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Macys Inc over the last few years. It is Macys' Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Macys Income Tax Expense Regression Statistics

Arithmetic Mean308,023,333
Geometric Mean240,347,425
Coefficient Of Variation142.97
Mean Deviation323,038,667
Median341,000,000
Standard Deviation440,371,246
Sample Variance193926.8T
Range1.7B
R-Value(0.52)
Mean Square Error152147.9T
R-Squared0.27
Significance0.05
Slope(51,306,250)
Total Sum of Squares2714975.7T

Macys Income Tax Expense History

202418.1 M
202319 M
2021436 M
2020-846 M
2019164 M
2018322 M
2017-29 M

About Macys Financial Statements

Macys investors utilize fundamental indicators, such as Income Tax Expense, 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 Tax Expense19 M18.1 M

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Check out the analysis of Macys Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.