Company / Income Tax
Macy's Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$207.0M
FY2025
5-year range
-$846.0M / $436.0M
FY2021-FY2025
Trend
+14.4%
vs FY2024
Sector context
#49 of 234
Consumer Discretionary
What the data says
Macy's's income tax of $207M is higher than 79% of companies in the Consumer Discretionary sector (FY2025). Income Tax has fluctuated over the past 10 years, ranging from -$846M in FY2022 to $436M in FY2023.
Based on SEC 10-K filings.
$207M in FY2025. Top quartile in the Consumer Discretionary sector.
Improved from $436M to $207M over the past 2 years.
Consumer Discretionary sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
-12.2% below sector average
Key checks
Key Insights
- In FY2025, income tax increased 14.4% year-over-year.
- Ranks #49 out of 234 companies in the Consumer Discretionary sector.
- Peak income tax was recorded in FY2023.
- Lowest income tax in the period was in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $207.0M | +14.4% |
| FY2024 | $181.0M | -58.5% |
| FY2023 | $436.0M | +151.5% |
| FY2022 | -$846.0M | +0.0% |
| FY2021 | -$846.0M | +0.0% |
| FY2020 | -$846.0M | -2069.2% |
| FY2019 | -$39.0M | -111.3% |
| FY2018 | $346.0M | +987.2% |
| FY2017 | -$39.0M | -111.3% |
| FY2016 | $346.0M | -57.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026