Growth Metrics

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

Macy's recorded quarterly Debt Ratio of 0.15 in Q1 2026, up 5.09% quarter-over-quarter from 0.14 in Q4 2025, and down 11.6% year-over-year from 0.17 in Q1 2025.

Macy's' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.15 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 11.6% year-over-year to 0.15; the TTM figure through Jan 2026 stood at 0.15 (down 11.6% YoY), while the FY2026 annual figure was 0.15, down 11.6% from the prior year.
  • Debt Ratio came in at 0.15 for Q1 2026 at Macy's, up from 0.14 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.19 in Q3 2024 to a low of 0.14 in Q4 2025.
  • A 5-year average of 0.17 and a median of 0.18 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio plunged 34.26% in 2022 and increased 3.89% in 2024, its largest moves.
  • Macy's' Debt Ratio stood at 0.17 in 2022, then slipped 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, then advanced by 5.09% to 0.15 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.15, 0.14, and 0.17 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Macy's 5.57 Bn 4.33 Bn 3.55 Bn 0.15
2 Kohls 1.46 Bn 788.72 Mn 1.85 Bn 0.11
3 Dillard'S 8.79 Mn -1.06 Bn 783.65 Mn 0.09
4 Loan Artificial Intelligence - - - -

Historic Data

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DateValue
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
Jul 31, 2021 0.26
May 1, 2021 0.27
Jan 30, 2021 0.27
Oct 31, 2020 0.28
Aug 1, 2020 0.31
May 2, 2020 0.30
Feb 1, 2020 0.20
Nov 2, 2019 0.21
Aug 3, 2019 0.23
May 4, 2019 0.22
Feb 2, 2019 0.25
Nov 3, 2018 0.27
Aug 4, 2018 0.30
May 5, 2018 0.30
Feb 3, 2018 0.30
Oct 28, 2017 0.31
Jul 29, 2017 0.34
Apr 29, 2017 0.34
Jan 28, 2017 0.35
Oct 29, 2016 0.35
Jul 30, 2016 0.39
Apr 30, 2016 0.38
Jan 30, 2016 0.37
Oct 31, 2015 0.36
Aug 1, 2015 0.36
May 2, 2015 0.35
Jan 31, 2015 0.34
Nov 1, 2014 0.32
Aug 2, 2014 0.35
May 3, 2014 0.34
Feb 1, 2014 0.33
Nov 2, 2013 0.32
Aug 3, 2013 0.34
May 4, 2013 0.33
Feb 2, 2013 0.33
Oct 27, 2012 0.31
Jul 28, 2012 0.34
Apr 28, 2012 0.33
Jan 28, 2012 0.35
Oct 29, 2011 0.31
Jul 30, 2011 0.35
Apr 30, 2011 0.35
Jan 29, 2011 0.36
Oct 30, 2010 0.35
Jul 31, 2010 0.40
May 1, 2010 0.40
Jan 30, 2010 0.41
Oct 31, 2009 0.39
Aug 1, 2009 0.42
May 2, 2009 0.42
Jan 31, 2009 0.44