Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.48 as of Friday, August 7, 2026.
Forward PE Ratio (11.48) = Close Price ($25.30) / Consensus Forward EPS ($2.19)
FORWARD PE RATIO
11.48
SECTOR MEDIAN · CONSUMER CYCLICAL
20.94
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
-45.18%
vs the sector median at left
Macy's, Inc.
Market Cap
$6.65B
Forward PE Ratio
11.48
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Macy's, Inc. (M) | $6.65B | 11.48 |
| Crocs, Inc. (CROX)vs › | $6.64B | 9.61 |
| LKQ Corporation (LKQ)vs › | $6.24B | 8.96 |
| The Gap, Inc. (GAP)vs › | $7.36B | 9.53 |
| CAVA Group, Inc. (CAVA)vs › | $7.39B | 112.90 |
| Vail Resorts, Inc. (MTN)vs › | $5.30B | 33.90 |
| Etsy, Inc. (ETSY)vs › | $8.05B | 23.09 |
| CarMax, Inc. (KMX)vs › | $8.30B | 21.55 |
| Abercrombie & Fitch Co. (ANF)vs › | $4.98B | 11.23 |
| Mohawk Industries, Inc. (MHK)vs › | $8.33B | 14.41 |
Trailing P/E
10.4
reported TTM EPS
Forward P/E
11.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.19 implies -9.1% EPS decline vs the reported trailing $2.41.
At today's $25.30 close, 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 | $2.20 | $2.13 – $2.32 | 7 | 11.5x |
| 2028-01-31 | $2.28 | $2.15 – $2.48 | 7 | 11.1x |
| 2029-01-31 | $2.38 | $2.26 – $2.51 | 1 | 10.6x |
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