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Macy's M Interest coverage

Interest coverage at other companies

Target logo
TargetTGT
10.7×-2.9×
Dillards logo
DillardsDDS
513.9×+482×
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
555.4×+460×
Burlington Stores logo
Burlington StoresBURL
10.5×-0.2×

Other financials

Income statement

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Revenue$4.9B+2.1%
Gross profit$2.0B+1.7%
Operating income$112.0M+19.1%
Net income$63.0M+65.8%
EPS (diluted)$0.23+76.9%

Balance sheet

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Cash & equivalents$1.3B+38.8%
Total debt$2.4B-12.5%
Total equity$4.8B+8.7%
Total assets$16.3B+1.3%

Cash flow

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Operating cash flow$292.0M+556%
CapEx$88.0M-12.0%
Free cash flow$204.0M+224%

Valuation

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Market cap$6.35B+71.1%
Enterprise value$7.49B+32.2%
P/E9.5×+2.9×
P/S0.3×+0.1×

Profitability

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Gross margin40.3%-0.1pp
Operating margin4.6%+0.8pp
Net margin2.9%+0.5pp
FCF margin6.3%+3.5pp

Returns & leverage

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Return on equity14.4%+1.3pp
Debt / equity0.5×-0.1×
Current ratio1.5×0.0×

Where this comes from

Calculated from Macy's’s reported figures.

Based on trailing twelve months.

The official record: Macy's’s 10-Q, filed December 12, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Macy's's interest coverage?
Macy's (M) reported interest coverage of 155.1× in Q3 2023.
How has Macy's's interest coverage changed year-over-year?
Macy's's interest coverage increased by 1236.9% year-over-year, from 11.6× to 155.1×.
What is the long-term trend for Macy's's interest coverage?
Over 2 years (2020 to 2022), Macy's's interest coverage has grown at a -24.8% compound annual growth rate (CAGR), from -17.2× to 9.7×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.