Macy's (M) Interest Expenses (2009 - 2023)
Macy's' (M) quarterly Interest Expenses came in at $37.0 million in Q2 2023, down 21.28% year-on-year from $47.0 million in Q2 2022, and down 9.76% quarter-over-quarter from $41.0 million in Q1 2023.
Macy's (M) Interest Expenses (2009 - 2023) Analysis & Trends
Macy's has disclosed Interest Expenses across 15 years of filings, most recently posting $37.0 million for Q2 2023.
- Interest Expenses for Q2 2023 came in at $37.0 million, down 21.28% year-over-year; the trailing twelve-month figure through Feb 2024 was $37.0 million (down 78.74% YoY), and the FY2023 annual result was $175.0 million, down 31.64% from the prior year.
- Interest Expenses came in at $37.0 million for Q2 2023 at Macy's, down from $41.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $85.0 million in Q1 2021 to a low of $37.0 million in Q2 2023.
- The 5-year median for Interest Expenses is $52.0 million (2019), against an average of $56.2 million.
- Across the five-year window, Interest Expenses soared 84.78% in 2021 and sank 48.24% in 2022, its largest moves.
- Macy's' Interest Expenses stood at $52.0 million in 2019, then jumped by 53.85% to $80.0 million in 2020, then slumped by 33.75% to $53.0 million in 2021, then declined by 18.87% to $43.0 million in 2022, then declined by 13.95% to $37.0 million in 2023.
- The last three Interest Expenses figures came in at $37.0 million (Q2 2023), $41.0 million (Q1 2023), and $43.0 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Dillard'S | 8.67 Bn | 7.26 Bn | 718.25 Mn | 10.50 Mn |
| 2 | Macy's | 6.49 Bn | 5.25 Bn | 3.55 Bn | - |
| 3 | Kohls | 1.93 Bn | 1.26 Bn | 1.85 Bn | - |
| 4 | Dillard'S | - | - | 718.25 Mn | 10.50 Mn |
| 5 | Polibeli | - | - | - | - |
| 6 | Loan Artificial Intelligence | - | - | - | - |
| 7 | Loan Artificial Intelligence | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 29, 2023 | 37.00 Mn |
| Apr 29, 2023 | 37.00 Mn |
| Jan 28, 2023 | 41.00 Mn |
| Jan 28, 2023 | 41.00 Mn |
| Oct 29, 2022 | 43.00 Mn |
| Oct 29, 2022 | 43.00 Mn |
| Jul 30, 2022 | 43.00 Mn |
| Jul 30, 2022 | 43.00 Mn |
| Apr 30, 2022 | 47.00 Mn |
| Apr 30, 2022 | 47.00 Mn |
| Jan 29, 2022 | 44.00 Mn |
| Jan 29, 2022 | 44.00 Mn |
| Oct 30, 2021 | 53.00 Mn |
| Oct 30, 2021 | 53.00 Mn |
| Jul 31, 2021 | 80.00 Mn |
| Jul 31, 2021 | 80.00 Mn |
| May 1, 2021 | 79.00 Mn |
| May 1, 2021 | 79.00 Mn |
| Jan 30, 2021 | 85.00 Mn |
| Jan 30, 2021 | 85.00 Mn |