Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of January 29, 2022, it operated 725 department stores in the District of Columbia, Puerto Rico, and Guam under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company also operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
Revenue of Macy's, Inc. (M)
Revenue in 2023 (TTM): $23.87 B
According to Macy's, Inc.'s latest financial reports the company's current revenue (TTM) is $23.87 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Macy's, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $23.87 B | $9.72 B | $2.25 B | $124 M | $105 M |
| 2022 | $25.31 B | $10 B | $2.52 B | $1.52 B | $1.18 B |
| 2021 | $25.29 B | $10.34 B | $3.13 B | $1.87 B | $1.43 B |
| 2020 | $18.1 B | $5.81 B | $-32,000,000 | $-4,790,000,000 | $-3,944,000,000 |
| 2019 | $25.33 B | $10.16 B | $2.12 B | $728 M | $564 M |
| 2018 | $25.74 B | $10.52 B | $2.4 B | $1.42 B | $1.11 B |
| 2017 | $24.84 B | $9.69 B | $2.44 B | $1.51 B | $1.55 B |
| 2016 | $25.78 B | $10.16 B | $2.85 B | $952 M | $619 M |
| 2015 | $27.08 B | $10.58 B | $3.39 B | $1.68 B | $1.07 B |
| 2014 | $28.11 B | $11.24 B | $3.92 B | $2.39 B | $1.53 B |
| 2013 | $27.93 B | $11.21 B | $3.79 B | $2.29 B | $1.49 B |
| 2012 | $27.69 B | $11.15 B | $3.72 B | $2.1 B | $1.34 B |
| 2011 | $26.41 B | $10.67 B | $3.47 B | $1.97 B | $1.26 B |
| 2010 | $25 B | $10.18 B | $3.09 B | $1.32 B | $847 M |
| 2009 | $23.49 B | $9.52 B | $2.66 B | $507 M | $350 M |
| 2008 | $24.89 B | $9.88 B | $2.65 B | $-4,938,000,000 | $-4,803,000,000 |
| 2007 | $26.31 B | $10.64 B | $3.57 B | $1.32 B | $893 M |
| 2006 | $26.97 B | $10.77 B | $3.76 B | $1.45 B | $995 M |
| 2005 | $22.39 B | $9.09 B | $2.9 B | $2.04 B | $1.41 B |
| 2004 | $15.63 B | $6.33 B | $2.14 B | $1.12 B | $689 M |
| 2003 | $15.26 B | $6.17 B | $2.05 B | $1.08 B | $693 M |
| 2002 | $15.44 B | $6.18 B | $2.03 B | $1.05 B | $818 M |
| 2001 | $15.65 B | $6.12 B | $2.18 B | $780 M | $-276,000,000 |
| 2000 | $18.41 B | $8.15 B | $3.14 B | $113 M | $-184,000,000 |
| 1999 | $17.72 B | $8.02 B | $2.45 B | $1.35 B | $795 M |
| 1998 | $15.83 B | $6.85 B | $2.07 B | $1.16 B | $662 M |
| 1997 | $15.67 B | $6.7 B | $1.92 B | $958 M | $536 M |
| 1996 | $15.23 B | $6.5 B | $2.02 B | $441.5 M | $265.9 M |
| 1995 | $15.05 B | $6.25 B | $1.77 B | $201.9 M | $74.6 M |
| 1994 | $8.32 B | $3.51 B | $1 B | $331.3 M | $187.6 M |
| 1993 | $7.23 B | $3.11 B | $739.4 M | $367.8 M | $193.3 M |
| 1992 | $7.08 B | $3.12 B | $636.1 M | $232 M | $113 M |