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.
GAP
The Gap, Inc.
$20.58Consumer CyclicalDelayed quote: Aug 7, 2026, 11:20 AM EDT
M
Macy's, Inc.
$25.01Consumer CyclicalDelayed quote: Aug 7, 2026, 11:20 AM EDT
Total return — GAP vs M
growth of $100 · dividends reinvested · last 30yGAP +290.8%M +218.1%GAP compounded faster
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
| Metric | GAP | M |
|---|---|---|
| P/E ratio | 8.08 | 10.59 |
| Forward P/E | 9.53 | 11.66 |
| P/S ratio | 0.50 | 0.31 |
| P/B ratio | 2.12 | 1.44 |
| PEG ratio | 0.53 | 0.66 |
| EV / EBITDA | 6.23 | 5.67 |
| FCF yield | 16.47% | 21.60% |
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 | 3.31% | 2.93% |
| Payout ratio | 31.19% | 31.55% |
Growth (annualized)
| Metric | GAP | M |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Gap P/E ratioMacy's P/E ratioGap dividend yieldMacy's dividend yieldGap ROEMacy's ROEGap operating marginMacy's operating marginGap revenue growthMacy's revenue growthGap free cash flowMacy's free cash flow
Gap & Macy's appear in these rankings
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.