On trailing earnings, GPS is cheaper: GPS trades at a 9.98 P/E and M at 10.23.

Which has grown faster, GPS or M?

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

Does GPS or M pay a bigger dividend?

M pays a dividend (3.03% yield) while GPS does not currently pay one.

Is GPS or M more profitable?

GPS runs the higher net margin — GPS at 6.25% versus M at 2.94%.

Which has been the better investment, GPS or M?

Over the past 10-year, M delivered the higher annualized total return — GPS at -4.23% versus M at 1.63%. Past performance doesn't predict future results.

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

GPS leads on 9 of 16 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).

GPS

The Gap, Inc.

$9.21B

$20.16Consumer Cyclical

Macy's, Inc.

$6.49B

$24.66Consumer Cyclical

Total return — GPS vs M

growth of $100 · last 28y

GPS +102.4%M -8.7%GPS compounded faster

GPS M

GPS vs M: by the numbers

•GPS is the larger company ($9.21B vs $6.49B market cap).
•GPS trades at the lower earnings multiple (9.98 vs 10.23 P/E).
•GPS 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).
•M pays a dividend (3.03% yield) while GPS does not currently pay one.

Which is better, GPS or M?

Metric tally: GPS 9 · M 7

It depends on what you're optimizing for:

ValueGPS(lower P/E)

GrowthM(faster 5Y revenue CAGR)

QualityGPS(higher ROIC)

Metrics side by side

Valuation

Metric	GPS	M
P/E ratio	9.98●	10.23
Forward P/E	10.47●	11.27
P/S ratio	0.51	0.30●
P/B ratio	2.66	1.39●
PEG ratio	0.14●	0.66
EV / EBITDA	7.18	5.44●
FCF yield	15.29%	22.32%●

Profitability

Metric	GPS	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	GPS	M
Dividend yield	—	3.03%
Payout ratio	—	31.55%

Growth (annualized)

Metric	GPS	M
Revenue CAGR (5Y)	-0.36%	2.77%●
EPS CAGR (5Y)	15.35%●	4.50%
FCF CAGR (5Y)	2.60%	10.73%●
Total return CAGR (5Y)	6.01%	9.88%●

Frequently asked

Which is better, GPS or M?: It depends on your goal. value: GPS (lower P/E); growth: M (faster 5Y revenue CAGR); quality: GPS (higher ROIC). Across all compared metrics, GPS leads 9 to 7.
Is GPS or M cheaper?: On trailing earnings, GPS is cheaper: GPS trades at a 9.98 P/E and M at 10.23.
Which has grown faster, GPS or M?: Over the past five years, M grew revenue faster — GPS at a -0.36% CAGR versus M at 2.77%.
Does GPS or M pay a bigger dividend?: M pays a dividend (3.03% yield) while GPS does not currently pay one.
Is GPS or M more profitable?: GPS runs the higher net margin — GPS at 6.25% versus M at 2.94%.
Which has been the better investment, GPS or M?: Over the past 10-year, M delivered the higher annualized total return — GPS at -4.23% versus M at 1.63%. Past performance doesn't predict future results.

Go deeper

Full GPS 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.