Macy's (M) Times Interest Earned (2009 - 2023)
Macy's' Times Interest Earned came in at 6.49 for fiscal Q1 2024 (quarter ended Apr 29, 2023), down 34.2% from 9.85 a year earlier and down 58.1% from the prior quarter.
Powered by 
Analysis
Macy's (M) Times Interest Earned (2009 - 2023) Analysis & Trends
Over the trailing twelve months to Apr 29, 2023, Macy's reported Times Interest Earned of 8.94, down 22.5% year-over-year; for FY2023 (ended Jan 28, 2023), it was 9.65, up 5.8% from FY2022.
- Going back by fiscal year, Times Interest Earned was 9.12 in FY2022, -15.76 in FY2021, 4.73 in FY2020 (-28.9%) and 6.66 in FY2019 (+14.7%).
- The five-year range for quarterly Times Interest Earned is -84.06 (fiscal Q1 2021) to 22.73 (fiscal Q4 2022).
- Year-over-year, Times Interest Earned has declined for three consecutive quarters, with growth averaging 91.2% over the last six quarters.
- The fastest year-over-year change in Times Interest Earned over five years came in fiscal Q4 2022 (growth of 381.8%), and the weakest in fiscal Q4 2021 (a decline of 61.2%).
- Business Quant data shows M's Times Interest Earned at 15.49 (Q4 2023), 4.47 (Q3 2023) and 9.28 (Q2 2023) in the three fiscal quarters before Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 20.90 |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 11.73 |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | - |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 26.12 |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 14.11 |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 6.73 |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | - |
| 10 | Macy's | 5.95 Bn | 1.67 Bn | 2.21 Bn | - |
Historic Data
Download Data
Historic 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 |
API Access
Macy's Times Interest Earned API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=times-interest-earned&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "ticker": "M", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=times-interest-earned&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();