Macy's Balance Sheet
NYSE: MConsumer DiscretionaryDepartment/Specialty Retail StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Macy's financial position
At the end of fiscal 2025, Macy's reported total assets of $16.24 billion, down 1.0% from a year earlier against total liabilities of $11.38 billion. Shareholders' equity stood at $4.86 billion, or 29.9% of assets. The company held $1.25 billion in cash and equivalents against $2.43 billion of debt, a net debt position of $1.19 billion.
The current ratio (current assets divided by current liabilities) was 1.49, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.50.
Summary generated from market data by MetaCap's automated system. Methodology
Macy's balance sheet (annual)
| Fiscal year (USD) | FY 20252026-01-31 | FY 20242025-02-01 | FY 20232024-02-03 | FY 20222023-01-28 | FY 20212022-01-29 | FY 20202021-01-30 | FY 20192020-02-01 | FY 20182019-02-02 | FY 20172018-02-03 | FY 20162017-01-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.25B | 1.31B | 1.03B | 862.00M | 1.71B | 1.68B | 685.00M | 1.16B | 1.46B | 1.30B |
| Receivables | 628.00M | 303.00M | 293.00M | 300.00M | 297.00M | 276.00M | 409.00M | 400.00M | 363.00M | 522.00M |
| Inventory | 4.41B | 4.47B | 4.36B | 4.27B | 4.38B | 3.77B | 5.19B | 5.26B | 5.18B | 5.40B |
| Total Current Assets | 6.67B | 6.48B | 6.09B | 5.85B | 6.76B | 6.18B | 6.81B | 7.45B | 7.65B | 7.63B |
| Property, Plant & Equipment | 4.74B | 5.07B | 5.31B | 5.91B | 5.67B | 5.94B | 6.63B | 6.64B | 6.67B | 7.02B |
| Goodwill | 828.00M | 828.00M | 828.00M | 828.00M | 828.00M | 828.00M | 3.91B | 3.91B | 3.90B | 3.90B |
| Intangible Assets | 420.00M | 425.00M | 430.00M | 432.00M | 435.00M | 437.00M | 439.00M | 478.00M | 488.00M | 498.00M |
| Total Assets | 16.24B | 16.40B | 16.25B | 16.87B | 17.59B | 17.71B | 21.17B | 19.19B | 19.58B | 19.85B |
| Accounts Payable | 1.81B | 1.89B | 1.91B | 2.05B | 2.22B | 1.98B | 1.68B | 1.66B | 1.59B | 1.42B |
| Short-Term Debt | 0 | 6.00M | 0 | 0 | 0 | 452.00M | 539.00M | 43.00M | 22.00M | 309.00M |
| Total Current Liabilities | 4.49B | 4.52B | 4.53B | 4.86B | 5.42B | 5.36B | 5.75B | 5.23B | 5.18B | 5.65B |
| Long-Term Debt | 2.43B | 2.77B | 3.00B | 3.00B | 3.29B | 4.41B | 3.62B | 4.71B | 5.86B | 6.56B |
| Total Liabilities | 11.38B | 11.85B | 12.21B | 12.83B | 13.98B | 15.15B | 14.79B | 12.76B | 13.85B | 15.48B |
| Shareholders' Equity | 4.86B | 4.55B | 4.04B | 4.04B | 3.62B | 2.55B | 6.38B | 6.44B | 5.75B | 4.32B |
| Retained Earnings | 6.94B | 6.50B | 6.09B | 6.27B | 5.27B | 3.93B | 7.99B | 8.05B | 7.25B | 6.09B |
| Total Debt | 2.43B | 2.78B | 3.00B | 3.00B | 3.29B | 4.86B | 4.16B | 4.75B | 5.88B | 6.87B |
| Net Cash (Debt) | -1.19B | -1.47B | -1.96B | -2.13B | -1.58B | -3.18B | -3.48B | -3.59B | -4.43B | -5.57B |
| Shares Outstanding | 263.00M | 277.69M | 274.23M | 271.35M | 292.36M | 310.50M | 309.03M | 307.52M | 304.76M | 304.06M |
This table shows 10 annual periods of Macy's's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow M's reporting calendar. What is a balance sheet?