Growth Metrics

Macy's (M) Interest Expenses (2016 - 2023)

Macy's (M) has disclosed Interest Expenses for 15 consecutive years, with $37.0 million as the latest value for Q2 2023.

  • Quarterly Interest Expenses fell 21.28% to $37.0 million in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $37.0 million through Feb 2024, down 78.74% year-over-year, with the annual reading at $175.0 million for FY2023, 31.64% down from the prior year.
  • Interest Expenses for Q2 2023 was $37.0 million at Macy's, down from $41.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $85.0 million in Q1 2021, with the low at $37.0 million in Q2 2023.
  • Average Interest Expenses over 5 years is $56.2 million, with a median of $52.0 million recorded in 2019.
  • The sharpest move saw Interest Expenses soared 84.78% in 2021, then tumbled 48.24% in 2022.
  • Over 5 years, Interest Expenses stood at $52.0 million in 2019, then skyrocketed by 53.85% to $80.0 million in 2020, then tumbled by 33.75% to $53.0 million in 2021, then decreased by 18.87% to $43.0 million in 2022, then decreased by 13.95% to $37.0 million in 2023.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $37.0 million, $41.0 million, and $43.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.