Overall Financial Well-Being of Western Michigan University
These metrics evaluate the overall financial well-being of Western Michigan University.
Working capital market value was $395 for fiscal year 2022, $396 for fiscal year 2023, $418 for fiscal year 2024, $445 for fiscal year 2025, and $492 for fiscal year 2026.
Debt ratings—Standard & Poors
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
| A/Stable | A/Stable | A/Stable | A/Stable | A/Stable | A/Stable | A/Positive | A/Positive | A+/Outstanding |
Debt ratings—Moody's
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
| Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable | Aa3/Stable |
Composite financial indicator was 1.1 for fiscal year 2020, 8.19 for fiscal year 2021**, 5.58 for fiscal year 2022, 8.08 for fiscal year 2023, 7.98 for fiscal year 2024, 7.28 for fiscal year 2025, and 7.97 for fiscal year 2026.
** During the year ended June 30, 2021, a gift was pledged for $550 million to the WMU Foundation for the benefit of the University and WMed. The pledge payments will be made in annual amounts of $55 million over a ten year period, beginning in fiscal year 2022.