Growth Metrics

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

Macy's' Interest Expenses history spans 15 years, with the latest figure at $37.0 million for Q2 2023.

  • For Q2 2023, Interest Expenses fell 21.28% year-over-year to $37.0 million; the TTM value through Feb 2024 reached $37.0 million, down 78.86%, while the annual FY2023 figure was $175.0 million, 31.64% down from the prior year.
  • Interest Expenses for Q2 2023 was $37.0 million at Macy's, down from $42.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $85.0 million in Q1 2021 and bottomed at $37.0 million in Q2 2023.
  • The 5-year median for Interest Expenses is $52.5 million (2019), against an average of $56.3 million.
  • The largest annual shift saw Interest Expenses skyrocketed 84.78% in 2021 before it crashed 48.24% in 2022.
  • A 5-year view of Interest Expenses shows it stood at $53.0 million in 2019, then surged by 50.94% to $80.0 million in 2020, then crashed 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.
  • Per Business Quant, the three most recent readings for M's Interest Expenses are $37.0 million (Q2 2023), $42.0 million (Q1 2023), and $43.0 million (Q4 2022).