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Macy's revenue
Macy's's revenue is $23.0 billion.
What is Macy's's revenue?
- Macy's's revenue growth from 1998 to 2024 is 49.73%.
- Macy's has 130,000 employees, and the revenue per employee ratio is $176,969.
- Macy's's peak quarterly revenue was $9.6B in 2005(q4).
- Macy's peak revenue was $28.1B in 2014.
- Macy's annual revenue for 2023 was 23.9B, -6.22% growth from 2022.
- Macy's annual revenue for 2024 was 23.0B, -3.6% growth from 2023.
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Macy's historical revenue
Macy's's peak revenue was $28.1B in 2014. The peak quarterly revenue was $9.6B in 2005(q4).
Macy's's revenue increased from $15.4m in 1998 to $23.0B currently. That's a 49.73% change in annual revenue.
Macy's annual revenue
Macy's annual revenue over time
| Fiscal year / year | Macy's revenue |
|---|---|
| 2009 | $23.5B |
| 2010 | $25.0B |
| 2011 | $26.4B |
| 2012 | $27.7B |
| 2013 | $27.9B |
| 2014 | $28.1B |
| 2015 | $27.1B |
| 2016 | $25.8B |
| 2017 | $24.8B |
| 2018 | $25.7B |
| 2019 | $25.3B |
| 2020 | $18.1B |
| 2021 | $25.4B |
| 2022 | $25.4B |
| 2023 | $23.9B |
| 2024 | $23.0B |
How accurately did Macy's' revenue projections match actual performance?
Macy's annual growth
Macy's saw the greatest revenue growth in 2005, when revenue increased by 141,824.44%.
Macy's had the lowest revenue growth in 2000, when revenue changed by -99.9%.
Macy's annual growth rate over time
| Year | Macy's growth |
|---|---|
| 2009 | -6%↓ |
| 2010 | 6%↑ |
| 2011 | 6%↑ |
| 2012 | 5%↑ |
| 2013 | 1%↑ |
| 2014 | 1%↑ |
| 2015 | -4%↓ |
| 2016 | -5%↓ |
| 2017 | -4%↓ |
| 2018 | 4%↑ |
| 2019 | -2%↓ |
| 2020 | -29%↓ |
| 2021 | 40%↑ |
| 2022 | 0%↑ |
| 2023 | -6%↓ |
| 2024 | -4%↓ |
Macy's quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Macy's quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $5.2B | $5.2B | $5.3B | $7.8B |
| 2010 | $5.6B | $5.5B | $5.6B | $8.3B |
| 2011 | $5.9B | $5.9B | $5.9B | $8.7B |
| 2012 | $6.1B | $6.1B | $6.1B | $9.4B |
| 2013 | $6.4B | $6.1B | $6.3B | $9.2B |
| 2014 | $6.3B | $6.3B | $6.2B | $9.4B |
| 2015 | $6.2B | $6.1B | $5.9B | $8.9B |
| 2016 | $5.8B | $5.9B | $5.6B | $8.5B |
| 2017 | $5.5B | $5.8B | $5.4B | $8.1B |
| 2018 | $5.7B | $5.8B | $5.6B | $8.7B |
| 2019 | $5.7B | $5.7B | $5.4B | $8.6B |
| 2020 | $3.1B | $3.7B | $4.2B | $7.0B |
| 2021 | $4.9B | $5.8B | $5.7B | $9.0B |
| 2022 | $5.6B | $5.8B | $5.5B | $8.6B |
| 2023 | $5.2B | $5.3B | $5.0B | $8.4B |
| 2024 | $5.0B | $5.1B | $4.9B | $8.0B |
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Macy's financial information
| CEO | Jeffrey Gennette |
| Industry | Retailing |
| Company Type | Public |
| Employees Number | 130,000 |
| Date Founded | 1929 |
| Headquarters | Cincinnati, Ohio |
| Number of Locations | 76 |
| Revenue | $23.0B |
| Net Income | $1,430,000,000 |
| Gross Proft | $9.3B (2024) |
| PE Ratio | 18.05 |
| Tax Rate | 0.2% |
| Market Capitalization | $10.5B |
| Total Assets | $17,590,000,000 |
| Ticker | M |
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Macy's financing
Macy's received early financing of $4.5B on 2020-06-09.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $4.5B | 06/2020 |
Macy's competitors
Macy's's top competitor, Walmart, earned an annual revenue of $681.0B.
Macy's's smallest competitor is Sears Holdings with revenue of $1.4B last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| JCPenney | $28,425 | $11.2B | 60,000 | 3,356 |
| Dollar General | $32,035 | $40.6B | 143,000 | 3,233 |
| The TJX Companies | $33,095 | $56.4B | 270,000 | 3,950 |
| Kohl's | $30,490 | $16.2B | 110,000 | 1,020 |
| Nordstrom | $33,810 | $15.0B | 74,000 | 676 |
| Gap Inc. | $34,645 | $15.1B | 117,000 | 49 |
| Sears Holdings | $31,936 | $1.4B | 85,000 | 653 |
| Dillard's | $28,599 | $6.6B | 40,000 | 18 |
| Bloomingdale's | $33,466 | $2.8B | 302 | 271 |
| Ross Stores | $28,233 | $21.1B | 88,100 | 2,532 |
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Zippia gives an in-depth look into the details of Macy's, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Macy's. The employee data is based on information from people who have self-reported their past or current employments at Macy's. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Macy's. The data presented on this page does not represent the view of Macy's and its employees or that of Zippia.
Macy's may also be known as or be related to Federated Department Stores, Inc. (1929–2007), Macy's, Macy's Inc, Macy's, Inc. and Macy’s, Inc.