Macy's, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.94B | $25.91B | $27.08B | $28.11B | $27.93B | $27.69B | $26.41B | $25.00B |
| Cost of Revenue | $15.18B | $15.67B | $16.50B | $16.86B | $16.73B | $16.54B | $15.74B | $14.82B |
| Gross Profit | $9.69B | $10.16B | $10.58B | $11.24B | $11.21B | $11.15B | $10.67B | $10.18B |
| Gross Margin | 38.8% | 39.2% | 39.1% | 40.0% | 40.1% | 40.3% | 40.4% | 40.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $8.95B | $9.26B | $8.47B | $8.36B | $8.44B | $8.48B | $8.28B | $8.26B |
| Operating Income | $1.86B | $1.37B | $2.04B | $2.80B | $2.68B | $2.66B | $2.41B | $1.89B |
| Operating Margin | 7.5% | 5.3% | 7.5% | 10.0% | 9.6% | 9.6% | 9.1% | 7.6% |
| Interest Expense | $321.0M | $367.0M | $363.0M | $395.0M | $390.0M | $425.0M | $447.0M | $513.0M |
| Pretax Income | $1.52B | $965.0M | $1.68B | $2.39B | $2.29B | $2.10B | $1.97B | $1.32B |
| Income Tax Expense | $-39.0M | $346.0M | $608.0M | $864.0M | $804.0M | $767.0M | $712.0M | $473.0M |
| Net Income | $1.57B | $627.0M | $1.07B | $1.53B | $1.49B | $1.34B | $1.26B | $847.0M |
| Net Margin | 6.3% | 2.4% | 4.0% | 5.4% | 5.3% | 4.8% | 4.8% | 3.4% |
| EPS (Basic) | $5.13 | $2.03 | $3.26 | $4.30 | $3.93 | $3.29 | $2.96 | $2.00 |
| EPS (Diluted) | $5.10 | $2.02 | $3.22 | $4.22 | $3.86 | $3.24 | $2.92 | $1.98 |
| Shares Outstanding (Basic) | 305.4M | 308.5M | 328.4M | 355.2M | 378.3M | 405.5M | 424.5M | 423.3M |
| Shares Outstanding (Diluted) | 306.8M | 310.8M | 333.0M | 361.7M | 384.8M | 412.2M | 430.4M | 427.3M |
| Dividends Per Share | — | — | — | — | — | — | $0.55 | $0.20 |