M Macy's PE ratio, current and historical analysis
The current PE ratio for Macy's stock as of Feb 21, 2025 is 24.95. This is calculated based on the TTM EPS of $0.6 and the stock price of $14.97 per share. The PE ratio marks a decrease of 87% from its last 4 quarters average of 187.4.
M PE ratio history
The average historical PE ratio of Macy's for the last ten years is 29.89. The current P/E ratio of 24.95 is 17% lower than the historical average. Looking back at the last ten years, M's PE ratio peaked in the May 2024 quarter at 650.67, when the price was $19.52 and the EPS was $0.03. The lowest point was in the Jul 2022 quarter, when it reached 3.36 with a price of $17.65 and an EPS of $5.25.
Macy's PE ratio by year
Maximum annual increase: 809.65% in 2024
Maximum annual decrease: -66.18% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 49.03 | 809.65% | $18.63 | $0.38 |
| 2023 | 5.39 | -1.28% | $23.08 | $4.28 |
| 2022 | 5.46 | N/A | $25.44 | $4.66 |
| 2021 | N/A | N/A | $15.04 | -$12.68 |
| 2020 | 8.76 | 22.52% | $15.95 | $1.82 |
| 2019 | 7.15 | 47.42% | $25.73 | $3.6 |
| 2018 | 4.85 | -66.18% | $24.89 | $5.13 |
| 2017 | 14.34 | 15.65% | $29.11 | $2.03 |
| 2016 | 12.4 | -16.55% | $40.41 | $3.26 |
| 2015 | 14.86 | 9.75% | $63.88 | $4.3 |
| 2014 | 13.54 | 12.74% | $53.2 | $3.93 |
| 2013 | 12.01 | 5.07% | $39.51 | $3.29 |
| 2012 | 11.43 | -0.61% | $33.82 | $2.96 |
| 2011 | 11.5 | -43.68% | $22.99 | $2 |
| 2010 | 20.42 | N/A | $15.93 | $0.78 |
Macy's PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Nov 2024 | 25.45 | 3.84% | $15.27 | $0.6 |
| Aug 2024 | 24.51 | -96.23% | $15.93 | $0.65 |
| May 2024 | 650.67 | 1,227.09% | $19.52 | $0.03 |
| Feb 2024 | 49.03 | 945.42% | $18.63 | $0.38 |
| Oct 2023 | 4.69 | -21.04% | $11.68 | $2.49 |
| Jul 2023 | 5.94 | 39.11% | $16.27 | $2.74 |
| Apr 2023 | 4.27 | -20.78% | $16.34 | $3.83 |
| Jan 2023 | 5.39 | 25.06% | $23.08 | $4.28 |
| Oct 2022 | 4.31 | 28.27% | $21.01 | $4.87 |
| Jul 2022 | 3.36 | -25.66% | $17.65 | $5.25 |
| Apr 2022 | 4.52 | -17.22% | $24.17 | $5.35 |
| Jan 2022 | 5.46 | -43.48% | $25.44 | $4.66 |
| Oct 2021 | 9.66 | -5.11% | $26.47 | $2.74 |
| Jul 2021 | 10.18 | N/A | $17 | $1.67 |
| May 2021 | N/A | N/A | $16.58 | -$0.83 |
M average PE ratio chart
The current PE ratio of M is lower than its 3, 5 and 10-year averages.
M PE vs peers
M's PE ratio stands lower than its peer stock TJX, but it is higher than TGT's and DDS's. Macy's is currently trading at a higher PE ratio (24.95) than its peers average of 14.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 5.36 | $1.34B |
| DDS Dillard'S Inc | 12.45 | $7.67B |
| TGT Target Corp | 13.12 | $56.94B |
| JWN Nordstrom Inc | 15.11 | $4.01B |
| M Macy's Inc | 24.95 | $4.16B |
| TJX Tjx Companies Inc | 28.23 | $136.15B |
Frequently asked questions
What is Macy's PE ratio?
The price to earnings ratio for M stock is 24.95 as of Feb 21, 2025.
What is the 3-year average PE ratio for Macy's (M)?
Over the last 3 years, the average price to earnings ratio for M stock is 71.1.
What is the 5-year average PE ratio for Macy's (M)?
Over the last 5 years, the average price to earnings ratio for M stock is 57.67.
What is the highest PE ratio for M?
The highest quarterly PE ratio in the last ten years has been 650.67 and it was in the May 2024 quarter.
How does the current PE ratio for M compare to its historical average?
The current PE ratio of M is 17% lower than the 10-year historical average.
How is M's PE ratio calculated (Macy's PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 21, 2025), Macy's share price is $14.97. The company's earnings per share for the trailing twelve months (TTM) ending Nov 2024 is $0.6. Therefore, Macy's PE ratio for today is 24.95. PE RATIO(24.95) = STOCK PRICE($14.97) / TTM EPS($0.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.