The Gap, Inc. (GAP) vs Macy's, Inc. (M)

A side-by-side comparison of The Gap, Inc. and Macy's, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnGAP vs M

growth of $100 · dividends reinvested · last 30y
GAP +290.8%M +218.1%GAP compounded faster
0200400600Start $100200120062011201620212026$391$318
GAP M

GAP vs M: by the numbers

  • GAP is the larger company ($7.41B vs $6.58B market cap).
  • GAP trades at the lower trailing earnings multiple (8.08 vs 10.59 P/E), one valuation lens rather than an overall verdict.
  • GAP converts more revenue to profit (6.25% vs 2.94% net margin).
  • GAP grew revenue faster over the past five years (2.17% vs -2.85% CAGR).
  • GAP pays the higher dividend yield (3.31% vs 2.93%).

Metrics side by side

Valuation

MetricGAPM
P/E ratio8.0810.59
Forward P/E9.5311.66
P/S ratio0.500.31
P/B ratio2.121.44
PEG ratio0.530.66
EV / EBITDA6.235.67
FCF yield16.47%21.60%

Profitability

MetricGAPM
Gross margin40.50%36.54%
Operating margin8.44%4.47%
Net margin6.25%2.94%
ROE26.32%13.79%
ROIC8.06%6.63%

Dividends

MetricGAPM
Dividend yield3.31%2.93%
Payout ratio31.19%31.55%

Growth (annualized)

MetricGAPM
Revenue CAGR (5Y)2.17%-2.85%
EPS CAGR (5Y)15.25%-15.53%
FCF CAGR (5Y)2.60%-15.90%
Total return CAGR (5Y)-3.05%12.08%

Frequently asked

Which has the lower trailing P/E, GAP or M?
GAP has the lower trailing P/E: GAP trades at 8.08 and M at 10.59. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GAP or M?
Over the past five years, GAP grew revenue faster — GAP at a 2.17% CAGR versus M at -2.85%.
Does GAP or M pay a bigger dividend?
GAP yields 3.31% and M yields 2.93% based on trailing dividends and the latest price.
Is GAP or M more profitable?
GAP runs the higher net margin — GAP at 6.25% versus M at 2.94%.
How have GAP and M total returns compared?
Over the past 10 years, GAP delivered 1.25% and M delivered 1.58% 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 6, 2026.