M · CIK 0000794367 · FY2025 live · 2026-01-31

Macy's, Inc.

SafeSEC 10-KZ″Consumer74th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

3.15

Zone

Safe

vs FY2024

+0.30

Market DD

—

1y PD

—

3.15

Classic Z 2.57

−21.12.68+

Z″ 3.15 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
0.13
6.56 × = 0.88
X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.43
3.26 × = 1.39
X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.06
6.72 × = 0.43
X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.
0.43
1.05 × = 0.45

Five-year path

Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.

Meridian Rank

67.60

0–100 · Z″ family

Book standing
73
Year change
61
Market PD
—
O-score
62

Events on this name

Same published rows as Today.

Approaching grey
watch · 39
- Live score: 2.85 → 3.15
- Cut: — → 1.10

Overview

rule-v1

Macy's, Inc. is on Z″ at 3.15 (safe) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; working capital / assets is the runner-up. Versus FY2024 the live print is still safe (+0.30 from 2.85). No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Safe; market PD —. Market PD has not been priced on this name.

MD&A excerpt

The company discusses a smaller, higher-quality store fleet after closures, with digital mix rising but not fully offsetting mall-traffic declines. Pension and lease liabilities remain material relative to the equity market cap. Management emphasizes inventory discipline and a modest dividend, while noting that consumer discretionary spend on apparel remains uneven across regions.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 74th percentile in Consumer.

Filing line items

Current assets

$6.7B

Total assets

$16.2B

Current liabilities

$4.5B

Total liabilities

$11.4B

Working capital

$2.2B

Retained earnings

$6.9B

EBIT

$1.0B

Total sales

$21.8B

Book equity

$4.9B

Accession 0001628280-26-021721. Live rank is the latest 10-K on EDGAR (FY2025, period 2026-01-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.