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 August 12, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCAKE vs M

growth of $100 · dividends reinvested · last 10y
CAKE +157.3% (+9.9%/yr)M -3.7% (-0.4%/yr)CAKE compounded faster over this window
050100150200250Start $10020182020202220242026$257$96
CAKE M

CAKE vs M: by the numbers

  • M is the larger company ($6.45B vs $5.62B market cap).
  • M trades at the lower trailing earnings multiple (10.33 vs 30.64 P/E), one valuation lens rather than an overall verdict.
  • CAKE converts more revenue to profit (4.61% vs 2.94% net margin).
  • CAKE grew revenue faster over the past five years (9.45% vs -2.85% CAGR).
  • M pays the higher dividend yield (3.00% vs 1.01%).

Metrics side by side

Valuation

MetricCAKEM
P/E ratio30.6410.33
Forward P/E25.3811.38
P/S ratio1.410.30
P/B ratio10.561.40
EV / EBITDA23.225.58
FCF yield3.76%22.12%

Profitability

MetricCAKEM
Gross margin78.33%36.54%
Operating margin5.27%4.47%
Net margin4.61%2.94%
ROE34.42%13.79%
ROIC6.27%6.63%

Dividends

MetricCAKEM
Dividend yield1.01%3.00%
Payout ratio35.96%31.55%

Growth (annualized)

MetricCAKEM
Revenue CAGR (5Y)9.45%-2.85%
EPS CAGR (5Y)1.50%-15.53%
FCF CAGR (5Y)12.09%-15.90%
Total return CAGR (5Y)23.30%9.30%

Frequently asked

Which has the lower trailing P/E, CAKE or M?
M has the lower trailing P/E: CAKE trades at 30.64 and M at 10.33. 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 -2.85%.
Does CAKE or M pay a bigger dividend?
CAKE yields 1.01% and M yields 3.00% 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 2.94%.
How have CAKE and M total returns compared?
Over the past 10 years, CAKE delivered 10.48% and M delivered 1.36% annualized total return. Past performance doesn't predict future results.

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 August 12, 2026.