Macys Historical Income Statement
| M Stock | USD 16.56 0.42 2.60% |
Historical analysis of Macys income statement accounts such as Gross Profit of 9.2 B or Other Operating Expenses of 21.3 B can show how well Macys Inc performed in making a profits. Evaluating Macys income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Macys's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Macys Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Macys Inc is a good buy for the upcoming year.
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About Macys Income Statement Analysis
Macys Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Macys shareholders. The income statement also shows Macys investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Macys Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Macys Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Macys Inc minus its cost of goods sold. It is profit before Macys operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Macys Inc. It is also known as Macys overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Macys Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Macys Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Macys' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Macys Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Macys' Depreciation And Amortization is very stable compared to the past year. As of the 16th of December 2024, Interest Expense is likely to grow to about 174.2 M, while Total Revenue is likely to drop about 22.7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3B | 10.0B | 9.7B | 9.2B | Total Revenue | 25.3B | 23.9B | 27.4B | 22.7B |
Macys income statement Correlations
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Macys Account Relationship Matchups
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Macys income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.1B | 959M | 874M | 857M | 897M | 946.9M | |
| Interest Expense | 185M | 280M | 255M | 162M | 135M | 174.2M | |
| Total Revenue | 25.3B | 18.1B | 25.3B | 23.9B | 27.4B | 22.7B | |
| Gross Profit | 10.2B | 5.8B | 10.3B | 10.0B | 9.7B | 9.2B | |
| Other Operating Expenses | 24.2B | 19.1B | 23.0B | 23.6B | 23.5B | 21.3B | |
| Operating Income | 970M | (956M) | 2.4B | 1.7B | 382M | 362.9M | |
| Ebit | 970M | (4.5B) | 2.1B | 1.7B | 259M | 246.1M | |
| Ebitda | 2.1B | (3.5B) | 3.0B | 2.5B | 1.2B | 1.1B | |
| Cost Of Revenue | 15.2B | 12.3B | 15.0B | 15.3B | 14.1B | 13.6B | |
| Total Operating Expenses | 9.0B | 6.8B | 8.0B | 8.3B | 9.3B | 7.7B | |
| Income Before Tax | 728M | (4.8B) | 1.9B | 1.5B | 124M | 117.8M | |
| Total Other Income Expense Net | (242M) | (315M) | (484M) | (212M) | (258M) | (270.9M) | |
| Net Income | 564M | (3.9B) | 1.4B | 1.2B | 105M | 99.8M | |
| Income Tax Expense | 322M | 164M | (846M) | 436M | 19M | 18.1M | |
| Selling General Administrative | 9.1B | 6.9B | 8.1B | 8.4B | 8.5B | 7.8B | |
| Net Income Applicable To Common Shares | 564M | (3.9B) | 1.4B | 1.2B | 1.1B | 617.3M | |
| Net Income From Continuing Ops | 564M | (3.9B) | 1.4B | 1.2B | 105M | 99.8M | |
| Selling And Marketing Expenses | 58M | 84M | 96M | 39M | 145M | 137.8M | |
| Tax Provision | 322M | 164M | (846M) | 436M | 19M | 18.1M | |
| Interest Income | 20M | 285M | 255M | 162M | 186.3M | 154.4M | |
| Net Interest Income | (185M) | (285M) | (255M) | (162M) | (135M) | (141.8M) | |
| Reconciled Depreciation | 981M | 959M | 874M | 857M | 897M | 745.3M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.