Macy's (M) Debt to Equity (2009 - 2026)

Macy's has disclosed Debt to Equity across 18 years of filings, most recently posting $0.5 for Q1 2026.

• Debt to Equity for Q1 2026 came in at $0.5, down 18.03% year-over-year; the trailing twelve-month figure through Jan 2026 was $0.5 (down 18.03% YoY), and the FY2026 annual result was $0.5, down 18.03% from the prior year.
• Debt to Equity came in at $0.5 for Q1 2026 at Macy's, down from $0.56 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $0.91 in Q4 2022 to a low of $0.5 in Q1 2026.
• The 5-year median for Debt to Equity is $0.73 (2023), against an average of $0.72.
• Across the five-year window, Debt to Equity plunged 52.19% in 2022 and climbed 1.05% in 2024, its largest moves.
• Macy's' Debt to Equity stood at $0.91 in 2022, then decreased by 15.81% to $0.77 in 2023, then decreased by 10.3% to $0.69 in 2024, then fell by 18.66% to $0.56 in 2025, then slipped by 10.95% to $0.5 in 2026.
• The last three Debt to Equity figures came in at $0.5 (Q1 2026), $0.56 (Q4 2025), and $0.59 (Q3 2025), per Business Quant data.