Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $17,346 | $25,399 | $25,449 | $23,866 | $23,006 |
| Gross Profit | $5,060 | $10,443 | $10,143 | $9,723 | $9,266 |
| Operating Income | -$4,475 | $2,350 | $1,730 | $382 | $909 |
| Net Income | -$3,944 | $1,430 | $1,177 | $105 | $582 |
Over the five-year period, Macy’s shows marked volatility as it recovered from a significant downturn in 2021 to a rebound in subsequent years. In 2021, revenue stood at $17,346 million with gross profit at $5,060 million, and the company reported steep operating and net losses (–$4,475 million and –$3,944 million, respectively). The turnaround in 2022 is remarkable: revenue jumped nearly 46% to $25,399 million, while gross profit more than doubled to $10,443 million. Operating income also swung from a loss to a positive $2,350 million, driving net income into positive territory at $1,430 million. Such year-over-year shifts exceeding 20% are substantial and indicate a strong operational recovery, potentially driven by improved market conditions, operational restructuring, or recovery from prior disruptions—common challenges within the competitive retail sector. However, the momentum seen in 2022 did not persist uniformly. In 2023, revenue remained nearly flat while gross profit declined slightly, and operating and net income dropped by approximately 26% and 18%, respectively, suggesting margin compression. The subsequent fiscal year, 2024, saw a further revenue decline to $23,866 million, and operating income nearly collapsed to $382 million with net income plunging to $105 million. In 2025, while revenue fell modestly to $23,006 million, both operating income and net income rebounded notably to $909 million and $582 million, respectively, hinting at some strategic stabilization. Overall, despite considerable swings, the company has shown resilience in returning to profitability after initial losses, though continued volatility in earnings metrics underscores the need for cautious monitoring amid a challenging retail landscape.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.