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 past five years, Macy’s financial performance has shown notable volatility. In 2021, the retailer posted subdued figures with revenue at US$17,346 million and a net loss of US$3,944 million. The following year, revenue experienced a substantial jump of approximately 46% to US$25,399 million, accompanied by a turnaround to positive operating income (US$2,350 million) and net income (US$1,430 million). This strong recovery trend from 2021 to 2022 suggests improved operational efficiencies or favorable market conditions, which enabled the company to overcome previous challenges. Gross profit also nearly doubled during this period, indicating better cost control and pricing strategies. From 2023 through 2025, however, the trends became more mixed. Although revenues remained steady around the mid- to upper- twenty-thousands, they experienced a slight decline from US$25,449 million in 2023 to US$23,866 million in 2024 and further to US$23,006 million in 2025. Operating income peaked in 2022 before declining sharply in 2024 to just US$382 million, though it rebounded somewhat to US$909 million in 2025, suggesting operational challenges that may have been partially mitigated in the subsequent year. Net income followed a similar downward pattern, decreasing from US$1,430 million in 2022 to US$105 million in 2024, before recovering to US$582 million in 2025. Overall, while the recovery post-2021 is positive, the subsequent fluctuations indicate underlying challenges in sustaining growth. Continued focus on improving operational efficiency, cost management, and adapting to evolving retail trends would be crucial for ensuring long-term financial health and sustainability in a competitive market environment.
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.