On trailing earnings, GAP is cheaper: GAP trades at a 8.12 P/E and M at 10.23.

Which has grown faster, GAP or M?

Over the past five years, M grew revenue faster — GAP at a -0.36% CAGR versus M at 2.77%.

Does GAP or M pay a bigger dividend?

GAP yields 3.25% and M yields 3.03% 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%.

Which has been the better investment, GAP or M?

Over the past 10-year, GAP delivered the higher annualized total return — GAP at 3.55% versus M at 1.63%. Past performance doesn't predict future results.

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

GAP leads on 10 of 17 compared metrics.

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 June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

GAP

The Gap, Inc.

$7.42B

$20.62Consumer Cyclical

Macy's, Inc.

$6.49B

$24.66Consumer Cyclical

Total return — GAP vs M

growth of $100 · last 30y

GAP +107.0%M +48.9%GAP compounded faster

GAP M

GAP vs M: by the numbers

•GAP is the larger company ($7.42B vs $6.49B market cap).
•GAP trades at the lower earnings multiple (8.12 vs 10.23 P/E).
•GAP converts more revenue to profit (6.25% vs 2.94% net margin).
•M grew revenue faster over the past five years (2.77% vs -0.36% CAGR).
•GAP pays the higher dividend yield (3.25% vs 3.03%).

Which is better, GAP or M?

Metric tally: GAP 10 · M 7

It depends on what you're optimizing for:

ValueGAP(lower P/E)

GrowthM(faster 5Y revenue CAGR)

IncomeGAP(higher dividend yield)

QualityGAP(higher ROIC)

Metrics side by side

Valuation

Metric	GAP	M
P/E ratio	8.12●	10.23
Forward P/E	9.58●	11.27
P/S ratio	0.51	0.30●
P/B ratio	2.13	1.39●
PEG ratio	0.53●	0.66
EV / EBITDA	6.11	5.44●
FCF yield	16.39%	22.32%●

Profitability

Metric	GAP	M
Gross margin	40.50%●	36.54%
Operating margin	8.44%●	4.47%
Net margin	6.25%●	2.94%
ROE	26.32%●	13.79%
ROIC	8.06%●	6.63%

Dividends

Metric	GAP	M
Dividend yield	3.25%●	3.03%
Payout ratio	30.73%	31.55%

Growth (annualized)

Metric	GAP	M
Revenue CAGR (5Y)	-0.36%	2.77%●
EPS CAGR (5Y)	15.25%●	4.50%
FCF CAGR (5Y)	2.60%	10.73%●
Total return CAGR (5Y)	-5.06%	9.88%●

Frequently asked

Which is better, GAP or M?: It depends on your goal. value: GAP (lower P/E); growth: M (faster 5Y revenue CAGR); income: GAP (higher dividend yield); quality: GAP (higher ROIC). Across all compared metrics, GAP leads 10 to 7.
Is GAP or M cheaper?: On trailing earnings, GAP is cheaper: GAP trades at a 8.12 P/E and M at 10.23.
Which has grown faster, GAP or M?: Over the past five years, M grew revenue faster — GAP at a -0.36% CAGR versus M at 2.77%.
Does GAP or M pay a bigger dividend?: GAP yields 3.25% and M yields 3.03% 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%.
Which has been the better investment, GAP or M?: Over the past 10-year, GAP delivered the higher annualized total return — GAP at 3.55% versus M at 1.63%. Past performance doesn't predict future results.

Go deeper

Full GAP analysis Full M analysis Interactive comparison tool

Dig into the metrics

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

Gap & 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 June 23, 2026.