Macy's, Inc. Annual Income Tax Expense (Benefit) in USD from 2009 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Macy's, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2009 to 2024.
  • Macy's, Inc. Income Tax Expense (Benefit) for the quarter ending February 1, 2025 was $93M.
  • Macy's, Inc. Income Tax Expense (Benefit) for the twelve months ending February 1, 2025 was $181M.
  • Macy's, Inc. annual Income Tax Expense (Benefit) for 2024 was $181M.
  • Macy's, Inc. annual Income Tax Expense (Benefit) for 2023 was -$2M, a 101% decline from 2022.
  • Macy's, Inc. annual Income Tax Expense (Benefit) for 2022 was $331M, a 23.4% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $181M +$183M Feb 4, 2024 Feb 1, 2025 10-K 2025-03-21
2023 -$2M -$333M -101% Jan 29, 2023 Feb 3, 2024 10-K 2025-03-21
2022 $331M -$101M -23.4% Jan 30, 2022 Jan 28, 2023 10-K 2025-03-21
2021 $432M +$1.28B Jan 31, 2021 Jan 29, 2022 10-Q 2024-12-12
2020 -$846M -$1.01B -616% Feb 2, 2020 Jan 30, 2021 10-K 2023-03-24
2019 $164M -$158M -49.1% Feb 3, 2019 Feb 1, 2020 10-K 2022-03-25
2018 $322M +$361M Feb 4, 2018 Feb 2, 2019 10-K 2021-03-29
2017 -$39M -$385M -111% Jan 29, 2017 Feb 3, 2018 10-K 2020-03-30
2016 $346M -$262M -43.1% Jan 31, 2016 Jan 28, 2017 10-K 2019-04-03
2015 $608M -$256M -29.6% Feb 1, 2015 Jan 30, 2016 10-K 2018-04-04
2014 $864M +$60M +7.46% Feb 2, 2014 Jan 31, 2015 10-K 2017-03-29
2013 $804M +$37M +4.82% Feb 3, 2013 Feb 1, 2014 10-K 2016-03-30
2012 $767M +$55M +7.73% Jan 29, 2012 Feb 2, 2013 10-K 2015-04-01
2011 $712M +$239M +50.5% Jan 30, 2011 Jan 28, 2012 10-K 2014-04-02
2010 $473M +$295M +166% Jan 31, 2010 Jan 29, 2011 10-K 2013-04-03
2009 $178M Feb 1, 2009 Jan 30, 2010 10-K 2012-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.