Macys Shares Outstanding vs. Gross Profit Fundamental AnalysisMacys is rated below average in gross profit category among related companies. It is rated below average in shares outstanding category among related companies creating about 0.03 of Shares Outstanding per Gross Profit. The ratio of Gross Profit to Shares Outstanding for Macys is roughly 31.63 Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted bases which include exotic instruments such as options, or convertibles bonds.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.