Macy’s Inc (M) — Net Asset Quality Index

Latest as of January 2026: 29.9%

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. Check M asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

29.9%
Equity / Total Assets

Net Assets

$4.86 Billion
USD

Total Assets

$16.24 Billion
USD

Total Liabilities

$11.38 Billion
USD

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. See working capital position of Macy’s Inc to evaluate short-term liquidity relative to the company's equity base.

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. For market capitalisation and the full company profile, see Macy’s Inc market cap and net worth.

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
pp = percentage points