Macys Historical Income Statement
M Stock | USD 19.85 0.77 4.04% |
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.
Macys |
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
Macys Inc Income Statement is one of the three primary financial statements used for reporting Macys's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Macys Inc revenue and expense. Macys Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Macys' Depreciation And Amortization is very stable compared to the past year. As of the 28th of March 2024, Interest Expense is likely to grow to about 175.2 M, while Gross Profit is likely to drop about 9.2 B. Add Fundamental
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.Cost Of Revenue
Cost of Revenue is found on Macys Inc income statement and represents the costs associated with goods and services Macys provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 tightly coupled 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 28th of March 2024, Interest Expense is likely to grow to about 175.2 M, while Gross Profit is likely to drop about 9.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3B | 10.0B | 9.7B | 9.2B | Total Revenue | 25.3B | 25.3B | 23.9B | 22.8B |
Macys income statement Correlations
Click cells to compare fundamentals
Macys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macys income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.1B | 924M | 783M | 790M | 897M | 940.3M | |
Interest Expense | 185M | 280M | 255M | 162M | 163M | 175.2M | |
Total Revenue | 25.3B | 18.1B | 25.3B | 25.3B | 23.9B | 22.8B | |
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 | 22.5B | 21.3B | |
Operating Income | 970M | (956M) | 2.4B | 1.7B | 1.3B | 1.4B | |
Ebit | 970M | (956M) | 2.4B | 1.7B | 1.3B | 1.8B | |
Ebitda | 2.1B | (32M) | 3.1B | 2.5B | 2.2B | 2.7B | |
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 | 8.4B | 7.7B | |
Income Before Tax | 728M | (4.8B) | 1.9B | 1.5B | 124M | 117.8M | |
Total Other Income Expense Net | (242M) | (3.8B) | (484M) | (212M) | (1.2B) | (1.2B) | |
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 | 7.9B | |
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 | |
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 |
Macys Investors Sentiment
The influence of Macys' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Macys' public news can be used to forecast risks associated with an investment in Macys. The trend in average sentiment can be used to explain how an investor holding Macys can time the market purely based on public headlines and social activities around Macys Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Macys' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macys' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macys' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macys.
Macys Implied Volatility | 57.48 |
Macys' implied volatility exposes the market's sentiment of Macys Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Macys' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Macys stock will not fluctuate a lot when Macys' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macys' short interest history, or implied volatility extrapolated from Macys options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Macys Stock analysis
When running Macys' price analysis, check to measure Macys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Macys' industry 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) | Dividend Share 0.662 | Earnings Share 0.38 | Revenue Per Share 87.039 | Quarterly Revenue Growth (0.02) |
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.