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Macy's (M) Interest Coverage Ratio (2016 - 2023)

Macy's' Interest Coverage Ratio history spans 15 years, with the latest figure at 6.49 for Q2 2023.

  • For Q2 2023, Interest Coverage Ratio fell 34.15% year-over-year to 6.49; the TTM value through Feb 2024 reached 8.14, down 15.71%, while the annual FY2023 figure was 9.65, 5.81% up from the prior year.
  • Interest Coverage Ratio for Q2 2023 was 6.49 at Macy's, down from 15.12 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 22.73 in Q1 2022 and bottomed at 84.06 in Q2 2020.
  • The 5-year median for Interest Coverage Ratio is 4.79 (2020), against an average of 1.42.
  • The largest annual shift saw Interest Coverage Ratio plummeted 2336.11% in 2020 before it surged 721.6% in 2021.
  • A 5-year view of Interest Coverage Ratio shows it stood at 0.98 in 2019, then plummeted by 261.8% to 1.59 in 2020, then soared by 721.6% to 9.87 in 2021, then plummeted by 54.75% to 4.47 in 2022, then surged by 45.27% to 6.49 in 2023.
  • Per Business Quant, the three most recent readings for M's Interest Coverage Ratio are 6.49 (Q2 2023), 15.12 (Q1 2023), and 4.47 (Q4 2022).