Macy's M
NYSE M
$23.28 +0.27 (+1.17%)
As of: Sep 29, 2026 · 3:59 PM EDT

Macy's (M) Debt Ratio (2009 - 2026)

Updated

Macy's' (M) Debt Ratio came in at 0.15 for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 8.4% from 0.17 a year earlier but up 3.7% from the prior quarter.

Analysis

Macy's (M) Debt Ratio (2009 - 2026) Analysis & Trends

Since fiscal Q4 2009, Macy's has reported Debt Ratio for 71 quarters.

  • In prior fiscal years, Macy's' Debt Ratio was 0.17 in FY2025 (-8.2%), 0.18 in FY2024 (+3.9%), 0.18 in FY2023 (-5.2%) and 0.19 in FY2022 (-31.7%).
  • Quarterly Debt Ratio has run from a low of 0.14 in fiscal Q3 2026 to a high of 0.19 in fiscal Q2 2025 over five years.
  • On a year-over-year basis, Debt Ratio has declined in each of the last eight quarters, with an average decline of 9.6% over the last eight quarters.
  • The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q4 2024, with growth of 3.9%; the weakest was fiscal Q1 2023, with a decline of 34.3%.
  • According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.15 (Q1 2027), 0.15 (Q4 2026) and 0.14 (Q3 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,654.24 Bn 2,170.93 Bn 104.83 Bn 0.12
2 Home Depot 289.19 Bn 282.43 Bn 16.12 Bn 0.48
3 Tjx Companies 143.39 Bn 120.94 Bn 5.07 Bn 0.08
4 Lowes Companies 105.29 Bn 98.25 Bn 8.58 Bn 0.67
5 Ross Stores 75.79 Bn 58.72 Bn 2.12 Bn 0.06
6 Target 72.00 Bn 66.59 Bn 8.94 Bn 0.25
7 O Reilly Automotive 70.61 Bn 69.69 Bn 2.52 Bn 0.40
8 Carvana 66.52 Bn 58.12 Bn 1.38 Bn 0.36
9 Autozone 47.57 Bn 46.47 Bn 2.52 Bn 0.43
10 Macy's 6.01 Bn 1.73 Bn 2.21 Bn 0.15
Historic Data

Historic Data

Download Data
DateValue
Aug 1, 2026 0.15
May 2, 2026 0.15
Jan 31, 2026 0.15
Nov 1, 2025 0.14
Aug 2, 2025 0.17
May 3, 2025 0.17
Feb 1, 2025 0.17
Nov 2, 2024 0.17
Aug 3, 2024 0.19
May 4, 2024 0.18
Feb 3, 2024 0.18
Oct 28, 2023 0.17
Jul 29, 2023 0.18
Apr 29, 2023 0.18
Jan 28, 2023 0.18
Oct 29, 2022 0.17
Jul 30, 2022 0.18
Apr 30, 2022 0.18
Jan 29, 2022 0.19
Oct 30, 2021 0.19
API Access

Macy's Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=M&period=max&api_key=YOUR_API_KEY