Dollar General (DG) vs Macy's (M)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Macy's (M) has outperformed Dollar General (DG) over the past year, gaining 28.2% versus a gain of 26.7%. Over five years, M leads with a -5.2% price change compared with -42.6% for DG. Dollar General is the larger company by market cap ($26.95 billion vs $5.95 billion), about 4.5 times the size.
On valuation, Macy's trades at a lower forward P/E (9.5x vs 14.7x for Dollar General). Macy's offers the higher dividend yield (3.28% vs 1.93%). Dollar General converts more of its revenue into profit, with a net margin of 3.5% versus 2.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DG | M |
|---|---|---|
| Share price | $122.14 | $22.79 |
| Market cap | $26.95B | $5.95B |
| 1-day change | -0.92% | +1.47% |
| YTD return | -8.01% | +3.36% |
| 1-year return | +26.74% | +28.25% |
| 5-year return | -42.60% | -5.20% |
| P/E ratio (TTM) | 16.01 | 8.23 |
| Forward P/E | 14.70 | 9.53 |
| EPS (TTM) | $7.63 | $2.77 |
| Dividend yield | 1.93% | 3.28% |
| Annual dividend | $2.36 | $0.748 |
| Revenue (latest FY) | $42.72B | $22.62B |
| Revenue growth (YoY) | +5.20% | -1.67% |
| Net income (latest FY) | $1.51B | $642.00M |
| Gross margin | 30.66% | 40.33% |
| Operating margin | 5.16% | 4.55% |
| Net margin | 3.54% | 2.84% |
| 52-week high | $158.23 | $26.59 |
| 52-week low | $95.11 | $16.41 |
| Distance from 52-week high | -22.81% | -14.29% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +15.81% | +2.50% |
| Average volume | 2.40M | 5.66M |
| Shares outstanding | 220.62M | 261.18M |
| Employees | 194,000 | 90,134 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Department/Specialty Retail Stores | Department/Specialty Retail Stores |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Dollar General is about 4.5 times larger than Macy's by market value ($26.95B vs $5.95B).
- Dollar General trades at a higher earnings multiple (16.0x vs 8.2x trailing P/E).
- Macy's offers a meaningfully higher dividend yield (3.28% vs 1.93%).
- Dollar General grew revenue faster in its latest fiscal year (+5.20% vs -1.67%).
About Dollar General
DG stock →Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food, such as cereals, pasta, canned soups, canned meats, fruits and vegetables, condiments, spices, sugar, and flour; and perishables, including milk, eggs, bread, refrigerated and frozen food, beer, wine, and produce; candy, cookies, crackers, salty snacks, and carbonated beverages; over-the-counter medicines and personal care products including soap, body wash, shampoo, cosmetics, dental hygiene and foot care products; pet supplies and pet food; and tobacco products.
Consumer Discretionary · Department/Specialty Retail Stores · 194,000 employees
About Macy's
M stock →Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells various merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and Bluemercury brands.
Consumer Discretionary · Department/Specialty Retail Stores · 90,134 employees
DG vs M FAQ
Which is bigger, Dollar General or Macy's?
Dollar General (DG) is larger, with a market capitalization of $26.95B compared with $5.95B for Macy's (M).
Which stock has performed better over the past year, DG or M?
M returned +28.25% over the past 12 months, compared with +26.74% for DG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DG or M?
M has the lower trailing P/E at 8.2, versus 16.0 for DG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Dollar General or Macy's?
Macy's has the higher yield at 3.28%, compared with 1.93% for Dollar General.
Are Dollar General and Macy's in the same industry?
Yes. Both are classified in the Department/Specialty Retail Stores industry within the Consumer Discretionary sector.