Macy's (MEX:M) Tax Rate %: 32.26% (As of Apr. 2026)

What is Macy's Tax Rate %?

Macy's MEX:M 63 Tax Rate % is 32.26% as of Apr. 2026. GuruFocus rates MEX:M with a GF Score™ of 63/100 and a GF Value™ of MXN284.68 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Macy's's Tax Expense for the three months ended in Apr. 2026 was MXN525 Mil. Macy's's Pre-Tax Income for the three months ended in Apr. 2026 was MXN1,629 Mil. Therefore, Macy's's Tax Rate % for the quarter that ended in Apr. 2026 was 32.26%.

Macy's Tax Rate % Related Terms

Macy's Tax Rate % Historical Data

* Premium members only.

The historical data trend for Macy's's Tax Rate % 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.

Macy's Tax Rate % Chart

Macy's Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

Tax Rate %

Get a 7-Day Free Trial

23.37

22.41

-4.65

23.72

24.38

Macy's Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Tax Rate %	Get a 7-Day Free Trial															44.12	24.35	-120.00	23.41	32.26

63GF Score

Macy's Inc MEX:M

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Macy's Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Macy's's Tax Rate % for the fiscal year that ended in Jan. 2026 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2026 )	/	Pre-Tax Income (A: Jan. 2026 )
	=	3591.305	/	14729.556
	=	24.38 %

Macy's's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Apr. 2026 )	/	Pre-Tax Income (Q: Apr. 2026 )
	=	525.483	/	1628.997
	=	32.26 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 32.26% mean?

Macy's (MEX:M) has a Tax Rate % of 32.26% as of Apr. 2026.

Is Macy's' Tax Rate % too high?

Macy's' current Tax Rate % is 32.26%. Overall, Macy's has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Macy's' Tax Rate % compare to DDS and PLBL?

Macy's' Tax Rate % of 32.26% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Rate % for a Retail - Cyclical company?

A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Tax Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Macy's's current Tax Rate % is 32.26%. 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 (MEX:M) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN284.68, compared to a current price of MXN416.90 — trading 46.4% above its estimated fair value. The current Tax Rate % is 32.26%. Macy's' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For Macy's (MEX:M), the current Tax Rate % is 32.26% 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 (MEX:M) Overvalued in 2026?

Based on GuruFocus' analysis, Macy's stock appears to be overvalued. The current stock price of MXN416.90 is trading 46.4% above its estimated GF Value™ of MXN284.68. GuruFocus considers Macy's to be Significantly Overvalued.

Key valuation signals for MEX:M:

Tax Rate %: 32.26%
GF Value™: MXN284.68 vs. price of MXN416.90 (46.4% above fair value)
GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the MEX:M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Macy's Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies DDS PLBL KSS TSE:8267 XSGO:FALABELLA PHS:SM TSE:7453 LSE:MKS JSE:SHP TSE:3099 MEX:LIVEPOL1 XKLS:5326 XSGO:CENCOSUD TSE:9005 NSE:VMM TSE:3086 JSE:PPH TSE:8233 BKK:CRC XKRX:004170

Other Exchanges M:USA 1FDO:Italy 0JXD:UK FDO:Germany MACY34:Brazil MACY:Austria

Address 151 West 34th Street, New York, NY, USA, 10001

Website https://www.macysinc.com

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.

63GF Score

Get the complete analysis for MEX:M

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN416.90

Price

MXN284.68

GF Value

View MEX:M Analysis

See Tax Rate % data for all stocks →