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Macy's, Inc. (M) Debt to Equity Ratio: 1.07

Is Macy's, Inc.’s debt to equity ratio high or low?

Macy's, Inc.'s debt to equity ratio of 1.07 is 26% below its 4-year average of 1.45, near the low end of its 4-year range (1.07–1.89).

As of Tuesday, June 23, 2026. 7.76% below its 12-month average of 1.16.

M Debt to Equity Ratio Chart

M Debt to Equity Ratio
1.07-14.40% 1Y
Zoom

M Average Debt to Equity Ratio Chart

M Current vs Average Debt to Equity Ratio Chart

M Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.07

DEBT TO EQUITY RATIO AVG TTM

1.16

DEBT TO EQUITY RATIO AVG 3Y

1.27

DEBT TO EQUITY RATIO AVG 5Y

1.45

DEBT TO EQUITY RATIO AVG 10Y

1.54

DEBT TO EQUITY RATIO AVG 15Y

1.33

DEBT TO EQUITY RATIO AVG 20Y

1.32

CURRENT VS TTM AVG

-7.76%

CURRENT VS 3Y AVG

-15.53%

CURRENT VS 5Y AVG

-26.31%

CURRENT VS 10Y AVG

-30.48%

CURRENT VS 15Y AVG

-19.83%

CURRENT VS 20Y AVG

-18.88%

M Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Macy's, Inc. (M)$6.49B1.071.161.271.45
LKQ Corporation (LKQ)vs ›$6.47B0.770.850.830.80
Mohawk Industries, Inc. (MHK)vs ›$6.70B0.290.320.360.35
Etsy, Inc. (ETSY)vs ›$6.88B-2.802.652.061.43
Chewy, Inc. (CHWY)vs ›$7.25B1.121.521.366.97
The Gap, Inc. (GAP)vs ›$7.42B1.481.581.992.20
Abercrombie & Fitch Co. (ANF)vs ›$3.81B0.830.770.851.16
Norwegian Cruise Line Holdings Ltd. (NCLH)vs ›$9.17B6.618.1965.4244.92
Thor Industries, Inc. (THO)vs ›$3.78B0.220.250.340.43
The Gap, Inc. (GPS)vs ›$9.21B1.481.581.752.05

Financial Health

Debt/Equity

1.07

Current Ratio

1.49

Macy's, Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Macy's, Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for Macy's, Inc. (M)?
The debt to equity ratio for M stock is 1.07.
Is Macy's, Inc.'s debt to equity ratio high or low?
Macy's, Inc.'s debt to equity ratio of 1.07 is 26% below its 4-year average of 1.45, near the low end of its 4-year range (1.07–1.89).
What is the TTM average debt to equity ratio for Macy's, Inc. (M)?
The TTM average debt to equity ratio for M stock is 1.16.
What is the 3Y average debt to equity ratio for Macy's, Inc. (M)?
The 3Y average debt to equity ratio for M stock is 1.27.
What is the 5Y average debt to equity ratio for Macy's, Inc. (M)?
The 5Y average debt to equity ratio for M stock is 1.45.
What is the 10Y average debt to equity ratio for Macy's, Inc. (M)?
The 10Y average debt to equity ratio for M stock is 1.54.
What is the 15Y average debt to equity ratio for Macy's, Inc. (M)?
The 15Y average debt to equity ratio for M stock is 1.33.
What is the 20Y average debt to equity ratio for Macy's, Inc. (M)?
The 20Y average debt to equity ratio for M stock is 1.32.

Macy's, Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-01-311.07
2025-02-011.25
2024-02-031.48
2023-01-281.57
2022-01-291.89
2021-01-303.26
2020-01-311.17
2019-01-310.77
2018-01-311.04
2017-01-311.63
2016-01-311.80
2015-01-311.37
2014-01-311.15
2013-01-311.15
2012-01-311.34
2011-01-311.34
2010-01-311.85
2009-01-312.09
2008-01-310.98
2007-01-310.69
2006-01-310.75
2005-01-310.63
2004-01-310.68
2003-01-310.76
2002-01-310.88
2001-01-311.05
2000-01-310.90
1999-01-310.63
1998-01-310.85
1997-01-311.22

About Macy's, Inc.

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of January 29, 2022, Macy's operated 725 department stores domestically in locations such as the District of Columbia, Puerto Rico, and Guam. These stores are branded under several well-known names like Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and the beauty retailer bluemercury. Internationally, Macy's also extends its reach through licensing agreements, with operations in Dubai, United Arab Emirates, and Al Zahra, Kuwait. The company maintains a presence in the beauty and spa retail sector. Originally established in 1830, the company was previously known as Federated Department Stores, Inc. It officially changed its name to Macy's, Inc. in June 2007, and its corporate headquarters are located in New York, New York.

New York City, NY
94,189 employees
Consumer Cyclical / Department Stores
Sector
Consumer Cyclical
Industry
Department Stores
CEO
Antony Spring