Macy's (M) Dividend Coverage Ratio (2009 - 2026)
Macy's' Dividend Coverage Ratio was 3.31 in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 86.6% from 1.78 a year earlier and up 163.0% from the prior quarter.
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Analysis
Macy's (M) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Macy's' Dividend Coverage Ratio was 3.79 through Aug 1, 2026, up 50.0% year-over-year; for FY2026 (ended Jan 31, 2026), it was 3.26, up 7.5% from FY2025.
- In earlier fiscal years, Dividend Coverage Ratio was 3.03 in FY2025, 0.25 in FY2024 (-96.2%), 6.62 in FY2023 (-58.0%) and 15.77 in FY2022.
- Quarterly Dividend Coverage Ratio has moved between -2.78 (fiscal Q4 2024) and 16.89 (fiscal Q4 2022) over five years.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with growth averaging 3.0% over the last seven quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q2 2027 (growth of 86.6%); the worst was fiscal Q3 2024 (a decline of 63.7%).
- Per Business Quant data, M's Dividend Coverage Ratio in the three fiscal quarters before Q2 2027 was 1.26 (Q1 2027), 10.56 (Q4 2026) and 0.22 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | - |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 2.05 |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 2.86 |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 3.57 |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 5.97 |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 3.62 |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | - |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | - |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | - |
| 10 | Macy's | 6.01 Bn | 1.73 Bn | 2.21 Bn | 3.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 3.31 |
| May 2, 2026 | 1.26 |
| Jan 31, 2026 | 10.56 |
| Nov 1, 2025 | 0.22 |
| Aug 2, 2025 | 1.78 |
| May 3, 2025 | 0.75 |
| Feb 1, 2025 | 7.13 |
| Nov 2, 2024 | 0.58 |
| Aug 3, 2024 | 3.13 |
| May 4, 2024 | 1.29 |
| Feb 3, 2024 | -2.78 |
| Oct 28, 2023 | 0.91 |
| Jul 29, 2023 | -0.42 |
| Apr 29, 2023 | 3.36 |
| Jan 28, 2023 | 11.12 |
| Oct 29, 2022 | 2.51 |
| Jul 30, 2022 | 6.55 |
| Apr 30, 2022 | 6.36 |
| Jan 29, 2022 | 16.89 |
| Oct 30, 2021 | 5.20 |
API Access
Macy's Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "M", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();