Macy’s Inc (M) — Net Asset Quality Index
Macy’s Inc (M) has a Net Asset Quality Index of 29.9% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $16.24 Billion minus total liabilities of $11.38 Billion yields net assets of $4.86 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read M liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Macy’s Inc Net Asset Quality Index Over Time (1993–2026)
This chart shows how Macy’s Inc's Net Asset Quality Index has evolved across 34 annual periods from 1993 to 2026. As of January 2026, the index stands at 29.9%, representing net assets of $4.86 Billion against total assets of $16.24 Billion USD. For live market cap and overall valuation, see Macy’s Inc (M) total market value.
Annual Net Asset Quality Index for Macy’s Inc (1993–2026)
The table below presents the year-by-year Net Asset Quality Index for Macy’s Inc from 1993 to 2026, covering 34 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check M PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 29.9% | $4.86 Billion | $16.24 Billion | $11.38 Billion | ▲ +2.2 pp |
| 2025 | 27.8% | $4.55 Billion | $16.40 Billion | $11.85 Billion | ▲ +2.9 pp |
| 2024 | 24.8% | $4.04 Billion | $16.25 Billion | $12.21 Billion | ▲ +0.6 pp |
| 2023 | 24.2% | $4.08 Billion | $16.87 Billion | $12.78 Billion | ▲ +3.6 pp |
| 2022 | 20.6% | $3.62 Billion | $17.59 Billion | $13.97 Billion | ▲ +6.2 pp |
| 2021 | 14.4% | $2.55 Billion | $17.71 Billion | $15.15 Billion | ▼ -15.7 pp |
| 2020 | 30.1% | $6.38 Billion | $21.17 Billion | $14.79 Billion | ▼ -3.4 pp |
| 2019 | 33.5% | $6.44 Billion | $19.19 Billion | $12.76 Billion | ▲ +4.3 pp |
| 2018 | 29.2% | $5.66 Billion | $19.38 Billion | $13.72 Billion | ▲ +7.4 pp |
| 2017 | 21.8% | $4.32 Billion | $19.85 Billion | $15.53 Billion | ▲ +1.1 pp |
| 2016 | 20.7% | $4.25 Billion | $20.58 Billion | $16.32 Billion | ▼ -4.4 pp |
| 2015 | 25.1% | $5.38 Billion | $21.46 Billion | $16.08 Billion | ▼ -3.8 pp |
| 2014 | 28.9% | $6.24 Billion | $21.62 Billion | $15.38 Billion | ▲ +0.0 pp |
| 2013 | 28.8% | $6.05 Billion | $20.99 Billion | $14.94 Billion | ▲ +2.0 pp |
| 2012 | 26.9% | $5.93 Billion | $22.09 Billion | $16.16 Billion | ▲ +0.0 pp |
| 2011 | 26.8% | $5.53 Billion | $20.63 Billion | $15.10 Billion | ▲ +4.7 pp |
| 2010 | 22.1% | $4.70 Billion | $21.30 Billion | $16.60 Billion | ▲ +1.1 pp |
| 2009 | 21.0% | $4.65 Billion | $22.14 Billion | $17.50 Billion | ▼ -14.7 pp |
| 2008 | 35.7% | $9.91 Billion | $27.79 Billion | $17.88 Billion | ▼ -5.8 pp |
| 2007 | 41.5% | $12.25 Billion | $29.55 Billion | $17.30 Billion | ▲ +0.7 pp |
| 2006 | 40.8% | $13.52 Billion | $33.17 Billion | $19.65 Billion | ▼ -0.7 pp |
| 2005 | 41.4% | $6.17 Billion | $14.88 Billion | $8.72 Billion | ▲ +0.6 pp |
| 2004 | 40.8% | $5.94 Billion | $14.55 Billion | $8.61 Billion | ▲ +0.9 pp |
| 2003 | 39.9% | $5.76 Billion | $14.44 Billion | $8.68 Billion | ▲ +2.9 pp |
| 2002 | 37.0% | $5.56 Billion | $15.04 Billion | $9.48 Billion | ▲ +2.8 pp |
| 2001 | 34.2% | $5.82 Billion | $17.01 Billion | $11.19 Billion | ▼ -2.8 pp |
| 2000 | 37.0% | $6.55 Billion | $17.69 Billion | $11.14 Billion | ▼ -5.4 pp |
| 1999 | 42.4% | $5.71 Billion | $13.46 Billion | $7.75 Billion | ▲ +4.1 pp |
| 1998 | 38.3% | $5.26 Billion | $13.74 Billion | $8.48 Billion | ▲ +5.5 pp |
| 1997 | 32.7% | $4.67 Billion | $14.26 Billion | $9.59 Billion | ▲ +2.8 pp |
| 1996 | 29.9% | $4.27 Billion | $14.30 Billion | $10.02 Billion | ▲ +0.5 pp |
| 1995 | 29.4% | $3.64 Billion | $12.38 Billion | $8.74 Billion | ▼ -1.3 pp |
| 1994 | 30.7% | $2.28 Billion | $7.42 Billion | $5.14 Billion | ▲ +1.1 pp |
| 1993 | 29.6% | $2.08 Billion | $7.02 Billion | $4.94 Billion | — |