Macy’s Inc Working Capital to Net Assets Ratio
Macy’s Inc working capital to net assets ratio. Macy’s Inc (M) has a Working Capital to Net Assets ratio of 44.9% as of January 2026. Working capital of $2.18 Billion (current assets of $6.67 Billion minus current liabilities of $4.49 Billion) is measured against net assets of $4.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Macy’s Inc (1993–2026)
Working capital to net assets ratio of Macy’s Inc from 1993 to 2026. This chart shows how Macy’s Inc's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1993 to 2026. As of January 2026, the ratio stands at 44.9%, reflecting working capital of $2.18 Billion against net assets of $4.86 Billion USD. See defensive interval ratio of Macy’s Inc to measure how many days the company can operate on defensive assets alone.
Macy’s Inc Working Capital to Net Assets Ratio by Year (1993–2026)
Macy’s Inc working capital to net assets ratio by year from 1993 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Macy’s Inc from 1993 to 2026, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Macy’s Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 44.9% | $2.18 Billion | $4.86 Billion | $6.67 Billion | $4.49 Billion | ▲ +1.9 pp |
| 2025 | 42.9% | $1.96 Billion | $4.55 Billion | $6.48 Billion | $4.52 Billion | ▲ +4.4 pp |
| 2024 | 38.6% | $1.56 Billion | $4.04 Billion | $6.09 Billion | $4.53 Billion | ▲ +14.3 pp |
| 2023 | 24.3% | $992.00 Million | $4.08 Billion | $5.85 Billion | $4.86 Billion | ▼ -12.8 pp |
| 2022 | 37.1% | $1.34 Billion | $3.62 Billion | $6.76 Billion | $5.42 Billion | ▲ +4.7 pp |
| 2021 | 32.4% | $827.00 Million | $2.55 Billion | $6.18 Billion | $5.36 Billion | ▲ +15.8 pp |
| 2020 | 16.6% | $1.06 Billion | $6.38 Billion | $6.81 Billion | $5.75 Billion | ▼ -17.8 pp |
| 2019 | 34.4% | $2.21 Billion | $6.44 Billion | $7.45 Billion | $5.23 Billion | ▼ -7.5 pp |
| 2018 | 41.8% | $2.37 Billion | $5.66 Billion | $7.44 Billion | $5.08 Billion | ▼ -3.9 pp |
| 2017 | 45.8% | $1.98 Billion | $4.32 Billion | $7.63 Billion | $5.65 Billion | ▲ +0.6 pp |
| 2016 | 45.2% | $1.92 Billion | $4.25 Billion | $7.65 Billion | $5.73 Billion | ▼ -13.2 pp |
| 2015 | 58.4% | $3.14 Billion | $5.38 Billion | $8.68 Billion | $5.54 Billion | ▲ +11.0 pp |
| 2014 | 47.5% | $2.96 Billion | $6.24 Billion | $8.69 Billion | $5.73 Billion | ▲ +1.2 pp |
| 2013 | 46.3% | $2.80 Billion | $6.05 Billion | $7.88 Billion | $5.08 Billion | ▲ +3.4 pp |
| 2012 | 42.9% | $2.54 Billion | $5.93 Billion | $8.78 Billion | $6.23 Billion | ▲ +9.7 pp |
| 2011 | 33.2% | $1.83 Billion | $5.53 Billion | $6.90 Billion | $5.07 Billion | ▼ -18.5 pp |
| 2010 | 51.6% | $2.43 Billion | $4.70 Billion | $6.88 Billion | $4.45 Billion | ▲ +16.9 pp |
| 2009 | 34.7% | $1.61 Billion | $4.65 Billion | $6.74 Billion | $5.13 Billion | ▲ +25.0 pp |
| 2008 | 9.7% | $964.00 Million | $9.91 Billion | $6.32 Billion | $5.36 Billion | ▲ +1.1 pp |
| 2007 | 8.7% | $1.06 Billion | $12.25 Billion | $7.42 Billion | $6.36 Billion | ▼ -10.2 pp |
| 2006 | 18.9% | $2.56 Billion | $13.52 Billion | $10.14 Billion | $7.59 Billion | ▼ -33.1 pp |
| 2005 | 52.0% | $3.21 Billion | $6.17 Billion | $7.51 Billion | $4.30 Billion | ▼ -8.0 pp |
| 2004 | 60.1% | $3.57 Billion | $5.94 Billion | $7.45 Billion | $3.88 Billion | ▼ -1.6 pp |
| 2003 | 61.7% | $3.55 Billion | $5.76 Billion | $7.15 Billion | $3.60 Billion | ▼ -2.4 pp |
| 2002 | 64.1% | $3.57 Billion | $5.56 Billion | $7.28 Billion | $3.71 Billion | ▼ -1.7 pp |
| 2001 | 65.8% | $3.83 Billion | $5.82 Billion | $8.70 Billion | $4.87 Billion | ▲ +5.2 pp |
| 2000 | 60.6% | $3.97 Billion | $6.55 Billion | $8.52 Billion | $4.55 Billion | ▲ +9.7 pp |
| 1999 | 50.9% | $2.90 Billion | $5.71 Billion | $5.97 Billion | $3.07 Billion | ▼ -8.8 pp |
| 1998 | 59.6% | $3.13 Billion | $5.26 Billion | $6.19 Billion | $3.06 Billion | ▼ -1.0 pp |
| 1997 | 60.6% | $2.83 Billion | $4.67 Billion | $6.43 Billion | $3.60 Billion | ▼ -15.7 pp |
| 1996 | 76.3% | $3.26 Billion | $4.27 Billion | $6.36 Billion | $3.10 Billion | ▲ +8.2 pp |
| 1995 | 68.1% | $2.48 Billion | $3.64 Billion | $5.19 Billion | $2.71 Billion | ▼ -18.3 pp |
| 1994 | 86.4% | $1.97 Billion | $2.28 Billion | $3.30 Billion | $1.33 Billion | ▼ -21.0 pp |
| 1993 | 107.3% | $2.23 Billion | $2.08 Billion | $3.39 Billion | $1.16 Billion | — |