Macy's (M) Times Interest Earned (2009 - 2023)
Macy's' (M) quarterly Times Interest Earned came in at $6.49 in Q2 2023, down 34.15% year-on-year from $9.85 in Q2 2022, and down 58.12% quarter-over-quarter from $15.49 in Q1 2023.
Macy's (M) Times Interest Earned (2009 - 2023) Analysis & Trends
Macy's has disclosed Times Interest Earned across 15 years of filings, most recently posting $6.49 for Q2 2023.
- Times Interest Earned for Q2 2023 came in at $6.49, down 34.15% year-over-year; the trailing twelve-month figure through Feb 2024 was $8.16 (down 15.91% YoY), and the FY2023 annual result was $9.65, up 5.81% from the prior year.
- Times Interest Earned came in at $6.49 for Q2 2023 at Macy's, down from $15.49 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $22.73 in Q1 2022 to a low of -$84.06 in Q2 2020.
- The 5-year median for Times Interest Earned is $5.6 (2021), against an average of $2.04.
- Across the five-year window, Times Interest Earned tumbled 2336.11% in 2020 and jumped 721.6% in 2021, its largest moves.
- Macy's' Times Interest Earned stood at $1.0 in 2019, then sank by 258.75% to -$1.59 in 2020, then surged by 721.6% to $9.87 in 2021, then sank by 54.75% to $4.47 in 2022, then jumped by 45.27% to $6.49 in 2023.
- The last three Times Interest Earned figures came in at $6.49 (Q2 2023), $15.49 (Q1 2023), and $4.47 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Dillard'S | 8.67 Bn | 7.26 Bn | 718.25 Mn | 52.00 |
| 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 | 52.00 |
| 5 | Polibeli | - | - | - | - |
| 6 | Loan Artificial Intelligence | - | - | - | - |
| 7 | Loan Artificial Intelligence | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 29, 2023 | 6.49 |
| Jan 28, 2023 | 15.49 |
| Oct 29, 2022 | 4.47 |
| Jul 30, 2022 | 9.28 |
| Apr 30, 2022 | 9.85 |
| Jan 29, 2022 | 22.73 |
| Oct 30, 2021 | 9.87 |
| Jul 31, 2021 | 7.46 |
| May 1, 2021 | 2.72 |
| Jan 30, 2021 | 4.72 |
| Oct 31, 2020 | -1.59 |
| Aug 1, 2020 | -9.01 |
| May 2, 2020 | -84.06 |
| Feb 1, 2020 | 12.15 |
| Nov 2, 2019 | 1.00 |
| Aug 3, 2019 | 2.98 |
| May 4, 2019 | 3.76 |
| Feb 2, 2019 | 18.42 |
| Nov 3, 2018 | 2.30 |
| Aug 4, 2018 | 4.39 |