Macy’s Inc Tangible Net Worth Ratio
Macy’s Inc tangible net worth ratio. Macy’s Inc (M) has a Tangible Net Worth Ratio of 91.4% as of January 2026. This metric is calculated by deducting intangible assets ($420.00 Million) from net assets ($4.86 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Macy’s Inc (M) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Macy’s Inc (1993–2026)
Tangible net worth ratio of Macy’s Inc from 1993 to 2026. This chart shows how Macy’s Inc's Tangible Net Worth Ratio has changed across 34 annual periods from 1993 to 2026. As of January 2026, the ratio stands at 91.4%, reflecting net assets of $4.86 Billion with intangible assets of $420.00 Million USD. Check M strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Macy’s Inc Tangible Net Worth Ratio by Year (1993–2026)
Macy’s Inc tangible net worth ratio by year from 1993 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Macy’s Inc from 1993 to 2026, covering 34 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see M stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 91.4% | $4.86 Billion | $420.00 Million | $16.24 Billion | ▲ +0.7 pp |
| 2025 | 90.7% | $4.55 Billion | $425.00 Million | $16.40 Billion | ▲ +1.3 pp |
| 2024 | 89.3% | $4.04 Billion | $430.00 Million | $16.25 Billion | ▼ -0.1 pp |
| 2023 | 89.4% | $4.08 Billion | $432.00 Million | $16.87 Billion | ▲ +1.4 pp |
| 2022 | 88.0% | $3.62 Billion | $435.00 Million | $17.59 Billion | ▲ +5.1 pp |
| 2021 | 82.9% | $2.55 Billion | $437.00 Million | $17.71 Billion | ▼ -10.2 pp |
| 2020 | 93.1% | $6.38 Billion | $439.00 Million | $21.17 Billion | ▲ +0.5 pp |
| 2019 | 92.6% | $6.44 Billion | $478.00 Million | $19.19 Billion | ▲ +1.2 pp |
| 2018 | 91.4% | $5.66 Billion | $488.00 Million | $19.38 Billion | ▲ +2.9 pp |
| 2017 | 88.5% | $4.32 Billion | $498.00 Million | $19.85 Billion | ▲ +0.6 pp |
| 2016 | 87.9% | $4.25 Billion | $514.00 Million | $20.58 Billion | ▼ -2.9 pp |
| 2015 | 90.8% | $5.38 Billion | $496.00 Million | $21.46 Billion | ▼ -0.8 pp |
| 2014 | 91.6% | $6.24 Billion | $527.00 Million | $21.62 Billion | ▲ +0.8 pp |
| 2013 | 90.7% | $6.05 Billion | $561.00 Million | $20.99 Billion | ▲ +0.8 pp |
| 2012 | 89.9% | $5.93 Billion | $598.00 Million | $22.09 Billion | ▲ +1.4 pp |
| 2011 | 88.5% | $5.53 Billion | $637.00 Million | $20.63 Billion | ▲ +2.9 pp |
| 2010 | 85.6% | $4.70 Billion | $678.00 Million | $21.30 Billion | ▲ +1.1 pp |
| 2009 | 84.5% | $4.65 Billion | $719.00 Million | $22.14 Billion | ▼ -7.1 pp |
| 2008 | 91.6% | $9.91 Billion | $831.00 Million | $27.79 Billion | ▼ -1.2 pp |
| 2007 | 92.8% | $12.25 Billion | $883.00 Million | $29.55 Billion | ▲ +0.8 pp |
| 2006 | 92.0% | $13.52 Billion | $1.08 Billion | $33.17 Billion | ▼ -1.9 pp |
| 2005 | 93.9% | $6.17 Billion | $378.00 Million | $14.88 Billion | ▲ +4.6 pp |
| 2004 | 89.2% | $5.94 Billion | $640.00 Million | $14.55 Billion | ▲ +0.3 pp |
| 2003 | 88.9% | $5.76 Billion | $640.00 Million | $14.44 Billion | ▲ +1.2 pp |
| 2002 | 87.7% | $5.56 Billion | $683.00 Million | $15.04 Billion | ▲ +3.1 pp |
| 2001 | 84.6% | $5.82 Billion | $896.00 Million | $17.01 Billion | ▲ +11.1 pp |
| 2000 | 73.5% | $6.55 Billion | $1.74 Billion | $17.69 Billion | ▼ -15.4 pp |
| 1999 | 88.9% | $5.71 Billion | $631.00 Million | $13.46 Billion | ▲ +2.1 pp |
| 1998 | 86.9% | $5.26 Billion | $690.00 Million | $13.74 Billion | ▲ +2.2 pp |
| 1997 | 84.6% | $4.67 Billion | $717.40 Million | $14.26 Billion | ▲ +2.1 pp |
| 1996 | 82.6% | $4.27 Billion | $744.70 Million | $14.30 Billion | ▲ +10.2 pp |
| 1995 | 72.3% | $3.64 Billion | $1.01 Billion | $12.38 Billion | ▼ -27.7 pp |
| 1994 | 100.0% | $2.28 Billion | $0.00 | $7.42 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $2.08 Billion | $0.00 | $7.02 Billion | — |