Company / SG&A Expense
Macy's SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$8.2B
FY2025
5-year range
$6.8B / $8.3B
FY2021-FY2025
Trend
-1.1%
vs FY2024
Sector context
#7 of 222
Consumer Discretionary
What the data says
Among 222 Consumer Discretionary companies, Macy's is in the bottom 3% for sg&a expense. SG&A Expense has fluctuated over the past 10 years, ranging from $6.8B in FY2022 to $9.3B in FY2018.
Based on SEC 10-K filings.
$8.2B in FY2025 with a 5-year CAGR of +4.0%. Top quartile in the Consumer Discretionary sector.
Remained stable around $8.2B over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +6.8%
- 5-Year CAGR
- +4.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in Consumer DiscretionaryTop 97% of 222This company $8.2B Sector average $1.5B
▼
+440.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.0%, indicating consistent growth.
- In FY2025, sg&a expense decreased 1.1% year-over-year.
- Ranks #7 out of 222 companies in the Consumer Discretionary sector.
- Peak sg&a expense was recorded in FY2018.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $8.2B | -1.1% |
| FY2024 | $8.3B | +2.2% |
| FY2023 | $8.2B | +20.5% |
| FY2022 | $6.8B | -17.0% |
| FY2021 | $8.2B | +20.5% |
| FY2020 | $6.8B | -24.4% |
| FY2019 | $9.0B | -3.3% |
| FY2018 | $9.3B | +3.4% |
| FY2017 | $9.0B | -3.3% |
| FY2016 | $9.3B | +9.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026