MMacy's, Inc.

$22.84

Is it safe?

Can M take a bad year?

Macy's, Inc. carries $1.14B of net debt at 0.59× EBITDA: a load its earnings can carry.

$1.14B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.59×

Net debt / EBITDA · 1.05× a year ago · the load is coming down

Altman Z-score
2.72

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
0.50×

Debt / equity

Details
Total debtQ1 2026
$2.43B
Cash and short-term investments
$1.29B
Net debt
$1.14B
EBITDA, trailing twelve months
$1.93B
Operating profit, trailing twelve months
$1.05B
Debt / equity
0.50×
Total debt / EBITDA
1.26×
Annualised volatilitytwo years of daily moves
48%
Worst drawdown on file
−88%
Below its 52-week high
−13%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.