Macy'sBSP:MACY34 +3.59%57 Net Margin % is 1.29% as of Apr. 2026, which is 52% below its 10-year median of 2.69. GuruFocus rates BSP:MACY34 with a GF Score™ of 57/100 and a GF Value™ of R$78.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Macy's ranks better than 54.52% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Macy's's Net Income for the
three
months ended in Apr. 2026 was R$317 Mil. Macy's's Revenue for the
three
months ended in Apr. 2026 was R$24,626 Mil. Therefore, Macy's's net margin for the quarter that ended in Apr. 2026 was 1.29%.
The historical rank and industry rank for Macy's's Net Margin % or its related term are showing as below:
BSP:MACY34'
s Net Margin % Range Over the Past 10 Years
Min: -21.79 Med: 2.69 Max: 6.11
Current: 2.94
BSP:MACY34's Net Margin % is ranked better than 54.52% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs BSP:MACY34: 2.94
Macy's (BSP:MACY34) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Macy's Net Margin % Related Terms
Macy's Net Margin % Historical Data
* Premium members only.
The historical data trend for Macy's's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BSP:MACY34 vs PLBL, DDS, KSS: Net Margin % Comparison
For the Department Stores subindustry, Macy's's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macy's Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's Net Margin % distribution charts can be found below:
* The bar in red indicates where Macy's's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Macy's (BSP:MACY34) has a Net Margin % of 1.29% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Macy's and its competitors. This is 52% below median its historical median of 2.69. According to the industry distribution chart, Macy's ranks #513 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 45.5%.
Is Macy's' Net Margin % too high?
Macy's' current Net Margin % of 1.29% is 52% below median its 10-year median of 2.69. The Retail - Cyclical industry median Net Margin % is 2.33. Macy's' value of 1.29% is 44.6% below this industry median. Based on the distribution chart, Macy's ranks #513 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Macy's has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macy's' Net Margin % compare to PLBL and DDS?
According to the Retail - Cyclical industry distribution chart, Macy's ranks #513 out of 1128 companies for Net Margin %. This puts Macy's in the upper half of its industry. The industry median Net Margin % is 2.33. Macy's' value of 1.29% is 44.6% below this benchmark. While the company's 10-year median is 2.69 vs. the industry median of 2.33, Macy's has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.33, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macy's's current Net Margin % of 1.29% is 44.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Macy's and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macy's's current Net Margin % is 1.29%, which is 52% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macy's stock overvalued right now?
Based on GuruFocus' analysis, Macy's (BSP:MACY34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$78.06, compared to a current price of R$131.52 — trading 68.5% above its estimated fair value. The current Net Margin % is 1.29%, which is 52% below median its 10-year median of 2.69 and 44.6% below the Retail - Cyclical industry median of 2.33. Macy's' overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Macy's (BSP:MACY34), the current Net Margin % is 1.29% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Macy's (BSP:MACY34) Overvalued in 2026?
Based on GuruFocus' analysis, Macy's stock appears to be overvalued.
The current stock price of R$131.52 is trading 68.5% above its estimated GF Value™ of R$78.06.
GuruFocus considers Macy's to be Significantly Overvalued.
Key valuation signals for BSP:MACY34:
Net Margin %: 1.29% (52% below median its 10-year median of 2.69)
GF Value™: R$78.06 vs. price of R$131.52 (68.5% above fair value)
Industry Position: 44.6% below the Retail - Cyclical median (#513 of 1128)
No single metric tells the full story. See the BSP:MACY34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1858 and based in New York City, Macy's operates about 430 eponymous stores, 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's names, and 170 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constituted 64% of 2025 net retail sales.
57GF Score
Get the complete analysis for BSP:MACY34
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:MACY34 has been successfully added to your 
