Macy's (M) Interest Coverage Ratio (2009 - 2026)

Macy's (M) posted Interest Coverage Ratio of 2.24 for Q1 2026, up 17.54% sequentially from 1.91 in Q4 2025, and down 91.91% YoY from 27.72 in Q1 2025.

Macy's (M) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Macy's has reported Interest Coverage Ratio for 18 years, with the latest figure at 2.24 in Q1 2026.

  • Quarterly Interest Coverage Ratio fell 91.91% year-over-year to 2.24 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 2.39 (down 67.96% YoY) and the FY2026 annual result came in at 2.58, up 2.8% from the prior year.
  • Interest Coverage Ratio climbed to 2.24 in Q1 2026 per M's latest filing, from 1.91 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 31.75 in Q1 2023 and troughed at 7.84 in Q1 2024.
  • A 5-year average of 8.32 and a median of 4.47 in 2022 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio soared 569.75% in 2022, then slumped 124.7% in 2024.
  • Over 5 years, Interest Coverage Ratio stood at 4.47 in 2022, then declined by 2.17% to 4.37 in 2023, then plunged by 33.41% to 2.91 in 2024, then plunged by 34.38% to 1.91 in 2025, then advanced by 17.54% to 2.24 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.24, 1.91, and 7.1 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Dillard'S 8.76 Bn 7.34 Bn 718.25 Mn 52.00
2 Macy's 6.16 Bn 4.86 Bn 2.03 Bn 2.29
3 Polibeli 3.96 Bn 3.96 Bn - -
4 Kohls 2.18 Bn 1.75 Bn 1.37 Bn 0.01

Historic Data

Download Data
DateValue
May 2, 2026 2.29
Jan 31, 2026 2.24
Nov 1, 2025 1.91
Aug 2, 2025 7.10
May 3, 2025 1.68
Feb 1, 2025 27.72
Nov 2, 2024 2.91
Aug 3, 2024 9.65
May 4, 2024 2.12
Feb 3, 2024 -7.84
Oct 28, 2023 4.37
Jul 29, 2023 6.10
Apr 29, 2023 4.00
Jan 28, 2023 31.75
Oct 29, 2022 4.47
Jul 30, 2022 9.28
Apr 30, 2022 5.38
Jan 29, 2022 28.57
Oct 30, 2021 9.87
Jul 31, 2021 7.46