Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 9.75 as of 2026-09-21T19:16:12.554Z.
Consensus retrieved: 2026-09-13T23:20:40.974Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-21T19:16:12.554Z.
Quote observation: 2026-09-21T19:15:21.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1b4889ea4986de23351c8c500d786656a59fd129f9759ef41534a70c1c1b4f19
Forward PE Ratio (9.75) = Dated Quote Price ($22.43) / Consensus Forward EPS ($2.30)
FORWARD PE RATIO
9.75
SECTOR MEDIAN · CONSUMER CYCLICAL
17.55
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
-44.44%
vs the sector median at left
Macy's, Inc.
Market Cap
$5.90B
Forward PE Ratio
9.75
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Macy's, Inc. (M) | $5.90B | 9.75 |
| Crocs, Inc. (CROX)vs › | $5.92B | 8.86 |
| LKQ Corporation (LKQ)vs › | $5.88B | 8.65 |
| CAVA Group, Inc. (CAVA)vs › | $6.03B | 94.85 |
| Abercrombie & Fitch Co. (ANF)vs › | $6.11B | 10.67 |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $6.63B | 9.33 |
| Vail Resorts, Inc. (MTN)vs › | $5.00B | 22.37 |
| The Cheesecake Factory Incorporated (CAKE)vs › | $4.95B | 22.22 |
| Etsy, Inc. (ETSY)vs › | $6.95B | 22.20 |
| Mohawk Industries, Inc. (MHK)vs › | $7.23B | 12.05 |
Trailing P/E
9.0
reported TTM EPS
Forward P/E
9.8
consensus EPS · fiscal year ending 2027-01-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.30 implies -7.6% EPS decline vs the reported trailing $2.49.
At the dated quote price of $22.43, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-01-31 | $2.30 | $2.18 – $2.40 | 6 | 9.8x |
| 2028-01-31 | $2.37 | $2.23 – $2.52 | 6 | 9.5x |
| 2029-01-31 | $2.51 | $2.37 – $2.65 | 1 | 8.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
