Macy's (M) vs Target (TGT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Target (TGT) has outperformed Macy's (M) over the past year, gaining 72.4% versus a gain of 31.2%. Over five years, M leads with a -5.7% price change compared with -37.5% for TGT. Target is the larger company by market cap ($69.80 billion vs $5.92 billion), about 11.8 times the size, while Macy's is growing revenue faster (-1.7% vs -1.7%).
On valuation, Macy's trades at a lower forward P/E (9.5x vs 16.1x for Target). Macy's offers the higher dividend yield (3.30% vs 2.97%). Target 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 | M | TGT |
|---|---|---|
| Share price | $22.67 | $153.64 |
| Market cap | $5.92B | $69.80B |
| 1-day change | -0.53% | -0.72% |
| YTD return | +2.81% | +57.18% |
| 1-year return | +31.19% | +72.44% |
| 5-year return | -5.70% | -37.47% |
| P/E ratio (TTM) | 8.30 | 15.95 |
| Forward P/E | 9.48 | 16.10 |
| EPS (TTM) | $2.73 | $9.63 |
| Dividend yield | 3.30% | 2.97% |
| Annual dividend | $0.748 | $4.56 |
| Revenue (latest FY) | $22.62B | $104.78B |
| Revenue growth (YoY) | -1.67% | -1.68% |
| Net income (latest FY) | $642.00M | $3.71B |
| Gross margin | 40.33% | 27.93% |
| Operating margin | 4.55% | 4.88% |
| Net margin | 2.84% | 3.54% |
| 52-week high | $26.59 | $170.75 |
| 52-week low | $16.69 | $83.44 |
| Distance from 52-week high | -14.74% | -10.02% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +3.04% | +7.19% |
| Average volume | 5.80M | 3.99M |
| Shares outstanding | 261.18M | 454.30M |
| Employees | 90,134 | 400,000 |
| 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
- Target is about 11.8 times larger than Macy's by market value ($69.80B vs $5.92B).
- TGT has outperformed M by 41.2 percentage points over the past year.
- Target trades at a higher earnings multiple (16.0x vs 8.3x trailing P/E).
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
About Target
TGT stock →Target Corporation operates as a general merchandise retailer in the United States. It offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products.
Consumer Discretionary · Department/Specialty Retail Stores · 400,000 employees
M vs TGT FAQ
Which is bigger, Macy's or Target?
Target (TGT) is larger, with a market capitalization of $69.80B compared with $5.92B for Macy's (M).
Which stock has performed better over the past year, M or TGT?
TGT returned +72.44% over the past 12 months, compared with +31.19% for M (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, M or TGT?
M has the lower trailing P/E at 8.3, versus 16.0 for TGT. 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, Macy's or Target?
Macy's has the higher yield at 3.30%, compared with 2.97% for Target.
Are Macy's and Target in the same industry?
Yes. Both are classified in the Department/Specialty Retail Stores industry within the Consumer Discretionary sector.