Nordstrom, Inc.
Financial Performance
Nordstrom Revenue & Financials
Revenue
$15B (FY2024)
Net Income
$294M
Employees
55,000
What is Nordstrom's revenue?
Nordstrom had $15B in revenue for fiscal year 2024, up 2.2% from 2023. Net income was $294M.
- Latest revenue
- $15B (FY2024)
- Year-over-year
- +2.2%
- Growth rate (CAGR)
- 0.4% over 9 years
- Peak revenue
- $15.9B (FY2018)
- Years of data
- 10
- Employees
- 55,000
- How much profit does Nordstrom make?
- Nordstrom reported net income of $294M for fiscal year 2024. sec.gov
- How many employees does Nordstrom have?
- Nordstrom has about 55,000 employees.
Financial Analysis
Nordstrom's last public annual report covered FY2024 (ended February 1, 2025): total revenues of $15.016B, net sales of $14.557B, and net earnings of $294M, up from $134M in FY2023. Revenue peaked at $15.860B in FY2018, fell to $10.715B during the FY2020 pandemic year with a $690M loss, and has hovered around $15B since. Since going private in May 2025, Nordstrom no longer publishes quarterly results. Leadership told WWD in early 2026 that the company had less debt than a year earlier and had already repaid the debt taken on for the buyout using operating cash. Nordstrom, Inc. is a major American luxury department store chain, maintaining a market valuation generally exceeding $3 billion despite heavy shifts in the retail sector.
Revenue Trend Analysis
YoY Change
+2.2%
9-Year CAGR
+0.4%
Peak Year
2018
Trend
Mostly Growing
Nordstrom, Inc. has 10 full fiscal year figures on this page, compounding at +0.4% annually over 9 years. The most recent year saw a 2.2% increase versus the prior year. Annual revenue peaked in fiscal year 2018 at $15.9B. Of 9 comparable year-over-year steps, 6 showed growth and 3 showed a decline.
Annual revenue history
Click any row to see year details.
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Nordstrom Revenue and Financial FAQ
What was Nordstrom, Inc.'s annual net sales and operating income in recent years?
Nordstrom reported total revenues of $15.016B and net earnings of $294M for FY2024, compared with $14.693B and $134M in FY2023. It stopped publishing results after going private in May 2025.
What is Nordstrom's gross profit margin and how is it maintained?
Nordstrom's gross margin depends on markdowns, inventory discipline, and the mix between full-price and Rack sales. Detailed margin figures stopped being published after the company went private.
What is the revenue breakdown between Full-Line Nordstrom and Nordstrom Rack?
The full-price Nordstrom banner generates the majority of net sales, while Nordstrom Rack generates the rest and has been the faster-growing banner through store openings.
Does Nordstrom still disclose cash flow and capital spending?
No. Since going private in May 2025, Nordstrom no longer files financial statements with the SEC. Leadership has said it is funding Rack expansion from operating cash.
What is Nordstrom's debt structure and credit rating profile?
Nordstrom lost its investment-grade credit rating in 2020. Leadership said in 2026 that the company had less debt than a year earlier and had already repaid the debt used in the buyout.
Does Nordstrom still pay a dividend?
No public dividend is paid now that Nordstrom is private. Before the 2025 buyout, it paid a quarterly dividend to public shareholders.
What was the financial impact of Nordstrom's exit from the Canadian market in 2023?
In March 2023, Nordstrom initiated an orderly wind-down of its unprofitable Canadian retail division (closing 6 full-line stores and 7 Rack stores under CCAA protection), eliminating tens of millions in annual operating losses and improving consolidated corporate profitability.
What were the terms of the Nordstrom go-private deal?
The Nordstrom family and El Puerto de Liverpool agreed in December 2024 to buy all public shares for $24.25 per share in cash, an enterprise value of about $6.25B. The deal closed on May 20, 2025.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Nordstrom Revenue & Financials." CorpDigest, https://corpdigest.com/company/nordstrom/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Nordstrom reported $15B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/nordstrom/financials" target="_blank" rel="noopener">CorpDigest — Nordstrom financials</a></div>Related Financial Audits
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