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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Macy's (M) Debt Ratio (2016 - 2025)

Macy's' Debt Ratio history spans 17 years, with the latest figure at 0.14 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 13.97% year-over-year to 0.14; the TTM value through Nov 2025 reached 0.14, down 13.97%, while the annual FY2025 figure was 0.17, 8.19% down from the prior year.
  • Debt Ratio for Q4 2025 was 0.14 at Macy's, down from 0.17 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.27 in Q1 2021 and bottomed at 0.14 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.18 (2024), against an average of 0.19.
  • The largest annual shift saw Debt Ratio skyrocketed 39.67% in 2021 before it plummeted 34.26% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.19 in 2021, then fell by 7.2% to 0.17 in 2022, then fell by 0.12% to 0.17 in 2023, then dropped by 4.88% to 0.17 in 2024, then decreased by 13.97% to 0.14 in 2025.
  • Per Business Quant, the three most recent readings for M's Debt Ratio are 0.14 (Q4 2025), 0.17 (Q3 2025), and 0.17 (Q2 2025).