Macy's (M) Interest Expenses (2009 - 2023)
Macy's recorded quarterly Interest Expenses of $37.0 million in Q2 2023, down 9.76% quarter-over-quarter from $41.0 million in Q1 2023, and down 21.28% year-over-year from $47.0 million in Q2 2022.
Macy's' Interest Expenses history runs 15 years deep, the most recent figure standing at $37.0 million for Q2 2023.
- In Q2 2023, Interest Expenses fell 21.28% year-over-year to $37.0 million; the TTM figure through Feb 2024 stood at $37.0 million (down 78.74% YoY), while the FY2023 annual figure 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.
- A 5-year average of $56.2 million and a median of $52.0 million in 2019 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 84.78% in 2021 and plunged 48.24% in 2022, its largest moves.
- Macy's' Interest Expenses stood at $52.0 million in 2019, then surged by 53.85% to $80.0 million in 2020, then sank by 33.75% to $53.0 million in 2021, then fell by 18.87% to $43.0 million in 2022, then fell by 13.95% to $37.0 million in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered $37.0 million, $41.0 million, and $43.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Macy's | 5.57 Bn | 4.33 Bn | 3.55 Bn | - |
| 2 | Kohls | 1.46 Bn | 788.72 Mn | 1.85 Bn | - |
| 3 | Dillard'S | 8.79 Mn | -1.06 Bn | 783.65 Mn | 7.49 Mn |
| 4 | 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 |
| Oct 31, 2020 | 80.00 Mn |
| Oct 31, 2020 | 80.00 Mn |
| Aug 1, 2020 | 70.00 Mn |
| Aug 1, 2020 | 70.00 Mn |
| May 2, 2020 | 49.00 Mn |
| May 2, 2020 | 49.00 Mn |
| Feb 1, 2020 | 46.00 Mn |
| Feb 1, 2020 | 46.00 Mn |
| Nov 2, 2019 | 52.00 Mn |
| Nov 2, 2019 | 52.00 Mn |
| Aug 3, 2019 | 52.00 Mn |
| Aug 3, 2019 | 52.00 Mn |
| May 4, 2019 | 54.00 Mn |
| May 4, 2019 | 54.00 Mn |
| Feb 2, 2019 | 57.00 Mn |
| Feb 2, 2019 | 57.00 Mn |
| Nov 3, 2018 | 64.00 Mn |
| Nov 3, 2018 | 64.00 Mn |
| Aug 4, 2018 | 69.00 Mn |
| Aug 4, 2018 | 69.00 Mn |
| May 5, 2018 | 71.00 Mn |
| May 5, 2018 | 71.00 Mn |
| Feb 3, 2018 | 77.00 Mn |
| Feb 3, 2018 | 77.00 Mn |
| Oct 28, 2017 | 76.00 Mn |
| Oct 28, 2017 | 76.00 Mn |
| Jul 29, 2017 | 82.00 Mn |
| Jul 29, 2017 | 82.00 Mn |
| Apr 29, 2017 | 86.00 Mn |
| Apr 29, 2017 | 86.00 Mn |
| Jan 28, 2017 | 88.00 Mn |
| Jan 28, 2017 | 88.00 Mn |
| Oct 29, 2016 | 82.00 Mn |
| Oct 29, 2016 | 82.00 Mn |
| Jul 30, 2016 | 98.00 Mn |
| Jul 30, 2016 | 98.00 Mn |
| Apr 30, 2016 | 99.00 Mn |
| Apr 30, 2016 | 99.00 Mn |
| Jan 30, 2016 | 94.00 Mn |
| Jan 30, 2016 | 94.00 Mn |
| Oct 31, 2015 | 80.00 Mn |
| Oct 31, 2015 | 80.00 Mn |
| Aug 1, 2015 | 94.00 Mn |
| Aug 1, 2015 | 94.00 Mn |
| May 2, 2015 | 95.00 Mn |
| May 2, 2015 | 95.00 Mn |
| Jan 31, 2015 | 97.00 Mn |
| Jan 31, 2015 | 97.00 Mn |
| Nov 1, 2014 | 97.00 Mn |
| Nov 1, 2014 | 97.00 Mn |
| Aug 2, 2014 | 101.00 Mn |
| Aug 2, 2014 | 101.00 Mn |
| May 3, 2014 | 100.00 Mn |
| May 3, 2014 | 100.00 Mn |
| Feb 1, 2014 | 99.00 Mn |
| Feb 1, 2014 | 99.00 Mn |
| Nov 2, 2013 | 97.00 Mn |
| Nov 2, 2013 | 97.00 Mn |
| Aug 3, 2013 | 97.00 Mn |
| Aug 3, 2013 | 97.00 Mn |
| May 4, 2013 | 97.00 Mn |
| May 4, 2013 | 97.00 Mn |
| Feb 2, 2013 | 103.00 Mn |
| Feb 2, 2013 | 103.00 Mn |
| Oct 27, 2012 | 104.00 Mn |
| Oct 27, 2012 | 104.00 Mn |
| Jul 28, 2012 | 105.00 Mn |
| Jul 28, 2012 | 105.00 Mn |
| Apr 28, 2012 | 113.00 Mn |
| Apr 28, 2012 | 113.00 Mn |
| Jan 28, 2012 | 109.00 Mn |
| Jan 28, 2012 | 109.00 Mn |
| Oct 29, 2011 | 109.00 Mn |
| Oct 29, 2011 | 109.00 Mn |
| Jul 30, 2011 | 112.00 Mn |
| Jul 30, 2011 | 112.00 Mn |
| Apr 30, 2011 | 117.00 Mn |
| Apr 30, 2011 | 117.00 Mn |
| Jan 29, 2011 | 53.00 Mn |
| Jan 29, 2011 | 53.00 Mn |
| Oct 30, 2010 | 166.00 Mn |
| Oct 30, 2010 | 166.00 Mn |
| Jul 31, 2010 | 131.00 Mn |
| Jul 31, 2010 | 131.00 Mn |
| May 1, 2010 | 163.00 Mn |
| May 1, 2010 | 163.00 Mn |
| Jan 30, 2010 | 139.00 Mn |
| Jan 30, 2010 | 139.00 Mn |
| Oct 31, 2009 | 139.00 Mn |
| Oct 31, 2009 | 139.00 Mn |
| Aug 1, 2009 | 141.00 Mn |
| Aug 1, 2009 | 141.00 Mn |
| May 2, 2009 | 143.00 Mn |
| May 2, 2009 | 143.00 Mn |
| Jan 31, 2009 | 148.00 Mn |
| Jan 31, 2009 | 148.00 Mn |