Macy's (M) Interest Coverage Ratio (2009 - 2023)

Macy's has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 6.49 for Q2 2023.

• Interest Coverage Ratio for Q2 2023 came in at 6.49, down 34.15% year-over-year; the trailing twelve-month figure through Feb 2024 was 8.16 (down 15.91% YoY), and the FY2023 annual result was 9.65, up 5.81% from the prior year.
• Interest Coverage Ratio came in at 6.49 for Q2 2023 at Macy's, down from 15.49 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 22.73 in Q1 2022 to a low of 84.06 in Q2 2020.
• The 5-year median for Interest Coverage Ratio is 5.6 (2021), against an average of 2.04.
• Across the five-year window, Interest Coverage Ratio tumbled 2336.11% in 2020 and jumped 721.6% in 2021, its largest moves.
• Macy's' Interest Coverage Ratio stood at 1.0 in 2019, then sank by 258.75% to 1.59 in 2020, then surged by 721.6% to 9.87 in 2021, then sank by 54.75% to 4.47 in 2022, then jumped by 45.27% to 6.49 in 2023.
• The last three Interest Coverage Ratio figures came in at 6.49 (Q2 2023), 15.49 (Q1 2023), and 4.47 (Q4 2022), per Business Quant data.