Which has the lower trailing P/E, CAKE or M?

M has the lower trailing P/E: CAKE trades at 28.32 and M at 9.09. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CAKE or M?

Over the past five years, CAKE grew revenue faster — CAKE at a 9.45% CAGR versus M at -3.99%.

Does CAKE or M pay a bigger dividend?

CAKE yields 1.14% and M yields 3.39% based on trailing dividends and the latest price.

Is CAKE or M more profitable?

CAKE runs the higher net margin — CAKE at 4.61% versus M at 4.48%.

How have CAKE and M total returns compared?

Over the past 10 years, CAKE delivered 9.77% and M delivered -0.27% annualized total return. Past performance doesn't predict future results.

The Cheesecake Factory Incorporated (CAKE) vs Macy's, Inc. (M)

A side-by-side comparison of The Cheesecake Factory Incorporated and Macy's, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

CAKE

The Cheesecake Factory Incorporated

$5.19B

$104.49Consumer CyclicalDelayed quote: Sep 25, 2026, 4:00 PM EDT

Macy's, Inc.

$5.96B

$22.64Consumer CyclicalDelayed quote: Sep 25, 2026, 4:00 PM EDT

Total return — CAKE vs M

growth of $100 · dividends reinvested · last 10y

CAKE +145.8% (+9.4%/yr)M -3.9% (-0.4%/yr)CAKE compounded faster over this window

CAKE M

CAKE vs M: by the numbers

•M is the larger company ($5.96B vs $5.19B market cap).
•M trades at the lower trailing earnings multiple (9.09 vs 28.32 P/E), one valuation lens rather than an overall verdict.
•CAKE converts more revenue to profit (4.61% vs 4.48% net margin).
•CAKE grew revenue faster over the past five years (9.45% vs -3.99% CAGR).
•M pays the higher dividend yield (3.39% vs 1.14%).

Metrics side by side

Valuation

Metric	CAKE	M
P/E ratio	28.32	9.09
Forward P/E	23.29	9.85
P/S ratio	1.34	0.33
P/B ratio	10.00	0.38
EV / EBITDA	22.30	0.71
FCF yield	3.97%	25.04%

Profitability

Metric	CAKE	M
Gross margin	78.33%	34.59%
Operating margin	5.27%	6.18%
Net margin	4.61%	4.48%
ROE	34.42%	5.10%
ROIC	7.19%	8.28%

Dividends

Metric	CAKE	M
Dividend yield	1.14%	3.39%
Payout ratio	31.71%	30.03%

Growth (annualized)

Metric	CAKE	M
Revenue CAGR (5Y)	9.45%	-3.99%
EPS CAGR (5Y)	1.50%	-15.53%
FCF CAGR (5Y)	12.09%	-15.90%
Total return CAGR (5Y)	21.03%	5.32%

Frequently asked

Which has the lower trailing P/E, CAKE or M?: M has the lower trailing P/E: CAKE trades at 28.32 and M at 9.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CAKE or M?: Over the past five years, CAKE grew revenue faster — CAKE at a 9.45% CAGR versus M at -3.99%.
Does CAKE or M pay a bigger dividend?: CAKE yields 1.14% and M yields 3.39% based on trailing dividends and the latest price.
Is CAKE or M more profitable?: CAKE runs the higher net margin — CAKE at 4.61% versus M at 4.48%.
How have CAKE and M total returns compared?: Over the past 10 years, CAKE delivered 9.77% and M delivered -0.27% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CAKE analysis Full M analysis Interactive comparison tool

Dig into the metrics

Cheesecake Factory P/E ratio Macy's P/E ratio Cheesecake Factory dividend yield Macy's dividend yield Cheesecake Factory ROE Macy's ROE Cheesecake Factory operating margin Macy's operating margin Cheesecake Factory revenue growth Macy's revenue growth Cheesecake Factory free cash flow Macy's free cash flow

Cheesecake Factory & Macy's appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.