Top Page
Marks and Spencer
(LSE:MKS)
Marks and Spencer (MKS) vs. iShares MSCI United Kingdom ETF (EWC)
Marks and Spencer Business Overview & Revenue Model
Marks and Spencer Earnings Call Summary
Marks and Spencer Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.28B | 13.82B | 13.04B | 11.93B | 10.89B | 9.16B |
| Gross Profit | 7.34B | 4.61B | 4.46B | 4.14B | 3.75B | 2.91B |
| EBITDA | 997.40M | 1.49B | 1.37B | 1.20B | 1.16B | 622.90M |
| Net Income | 19.80M | 295.70M | 431.20M | 363.40M | 306.60M | -198.00M |
Balance Sheet | ||||||
| Total Assets | 10.07B | 8.82B | 8.68B | 9.10B | 9.44B | 8.64B |
| Cash, Cash Equivalents and Short-Term Investments | 848.60M | 1.15B | 1.03B | 1.08B | 1.22B | 692.80M |
| Total Debt | 3.39B | 2.94B | 3.13B | 3.63B | 3.81B | 4.09B |
| Total Liabilities | 7.10B | 5.87B | 5.85B | 6.28B | 6.53B | 6.35B |
| Stockholders Equity | 2.80B | 2.94B | 2.83B | 2.81B | 2.91B | 2.28B |
Cash Flow | ||||||
| Free Cash Flow | 603.40M | 806.10M | 872.40M | 619.60M | 1.12B | 664.20M |
| Operating Cash Flow | 1.01B | 1.31B | 1.30B | 1.03B | 1.38B | 870.90M |
| Investing Cash Flow | -280.90M | -696.10M | -435.30M | -516.60M | -245.70M | -192.60M |
| Financing Cash Flow | -580.20M | -773.60M | -909.80M | -643.80M | -595.90M | -244.00M |
Marks and Spencer Technical Analysis
Marks and Spencer Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ÂŁ16.22B | 20.80 | 51.86% | 1.80% | 9.74% | 0.92% | |
75 Outperform | ÂŁ1.90B | 12.19 | 121.78% | 3.99% | 3.78% | 3.29% | |
73 Outperform | £2.94B | 6.25 | 19.54% | ― | -6.43% | 52.93% | |
71 Outperform | ÂŁ4.13B | 8.45 | 19.64% | 1.21% | 14.60% | 58.84% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | ÂŁ7.33B | 370.92 | 0.68% | 1.18% | 14.13% | -96.12% | |
59 Neutral | £358.92M | -1.19 | -81.34% | ― | -14.89% | 12.08% |
Marks and Spencer Corporate Events
Marks and Spencer Group plc has disclosed that senior executives have increased their shareholdings through the company’s Dividend Reinvestment Plan, with Operations Director Sacha Berendji acquiring 2,044 ordinary shares and Managing Director of Food Alex Freudmann acquiring 4 ordinary shares on 9 January 2026. The routine transactions, executed on the London Stock Exchange and reported under UK Market Abuse Regulation requirements, marginally boost insider ownership and signal continued executive alignment with shareholder interests, though they are not large enough to materially affect the company’s capital structure.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £435.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer reported a solid Christmas trading period for the 13 weeks to 27 December 2025, with group sales of £4.99bn and continued momentum in its reshaping strategy. Food remained the standout performer, with underlying sales up 6.6%, like-for-like sales up 5.6% and UK volume growth of 2.3%, helping the retailer reach a record 4.0% grocery market share and reinforcing its position as the UK’s fastest-growing family grocer. The strength came from core grocery categories, quality and innovation in ranges such as Italian ready meals and in-store bakery, and rapid growth in value lines like ‘Remarksable Value’ and ‘Bigger Pack, Better Value’, while newer and refurbished stores outperformed the wider estate. In contrast, Fashion, Home & Beauty sales declined 2.5% overall, with store weakness and earlier-year stock data issues offsetting improved online performance, though M&S regained market share leadership in fashion and now ranks first for customer perceptions of style, quality and value, indicating progress in its brand repositioning. International sales edged up 0.9% as wholesale, online and food franchise growth compensated for weaker shipments and India, while Ocado Retail delivered a 13.7% sales increase, with M&S products up 16.3% and representing around 30% of Ocado Retail sales, highlighting the strategic importance of the joint venture. Management reiterated unchanged full-year guidance and signalled an acceleration of its transformation agenda, centring on value investment, product innovation, store and online upgrades, supply chain improvements and structural cost reductions, despite a backdrop of fragile consumer confidence and milder weather.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £4.20 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC has confirmed that its issued share capital comprises 2,057,140,555 ordinary shares, all of which carry voting rights, with no shares currently held in treasury. This updated share capital figure provides the key denominator shareholders must use to assess and report any notifiable holdings or changes in their interests under the UK Financial Conduct Authority’s disclosure and transparency rules, ensuring ongoing clarity and compliance in the company’s ownership disclosures.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £412.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc has disclosed that senior executives Sacha Berendji, Operations Director, and Alex Freudmann, Managing Director of Food, have acquired additional ordinary shares in the company under its all-employee Share Incentive Plan. On 29 December 2025, Berendji purchased 46 partnership shares and Freudmann 47 partnership shares at a price of £3.21347 per share on the London Stock Exchange’s main market, a routine transaction that modestly increases insider ownership and underscores ongoing executive participation in employee share schemes designed to align management interests with those of shareholders.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £412.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced the targets for its 2025 Performance Share Plan (PSP) awards, which were delayed due to a cyber incident. The PSP aims to create sustainable value and align with shareholder interests, with awards vesting in 2028 and being held until 2030. The performance targets include adjusted EPS, ROCE, and relative TSR, with strategic measures remaining undisclosed due to commercial sensitivity. This announcement reflects the company’s commitment to long-term growth and shareholder value, despite recent challenges.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £353.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc announced a transaction involving the vesting and subsequent sale of shares by a director, A Freudmann, who is the Managing Director of Food. The transaction involved the vesting of 792,316 shares under the 2022/23 Performance Share Plan (PSP), with 375,007 shares sold to cover tax and National Insurance liabilities, and 417,309 shares retained. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing management of executive share awards and could have implications for shareholder value and executive compensation strategies.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £353.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced a transaction involving the purchase of its ordinary shares by Sean Doyle, a Non-Executive Director. This transaction, conducted on the London Stock Exchange, involved the purchase of 2,526 shares at a price of £3.3430 each, reflecting insider confidence and potentially impacting investor perceptions positively.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc has announced the granting of options to purchase ordinary shares to two of its directors under the company’s Sharesave scheme. This initiative, which allows employees to save and purchase shares at a predetermined price, reflects the company’s commitment to employee investment and engagement, potentially enhancing stakeholder value and aligning managerial interests with shareholder interests.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc announced a transaction involving the sale of 36,034 ordinary shares by A Freudmann, the Managing Director of Food, at a price of £3.45801 per share. This transaction, conducted on December 1, 2025, at the London Stock Exchange, reflects internal shareholding changes and could have implications for the company’s stock market performance and stakeholder interests.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced that its capital consists of 2,057,125,306 ordinary shares with voting rights, and it currently holds no shares in Treasury. This information is essential for shareholders to calculate their interests in the company as per the FCA’s Disclosure and Transparency Rules, impacting how they manage their investments and comply with regulatory requirements.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc announced that key directors and persons discharging managerial responsibility have acquired additional shares through the company’s Share Incentive Plan. This transaction reflects the company’s ongoing commitment to aligning the interests of its leadership with those of its shareholders, potentially strengthening stakeholder confidence and enhancing market positioning.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced the departure of Ronan Dunne from its Board, effective December 1. Dunne, who has been a Non-Executive Director since August 2022, is leaving to focus on early-stage businesses, aligning with his passion for supporting growth ventures. His departure comes as M&S continues its ‘Reshaping for Growth’ strategy, with recent appointments of Roger Burnley and Sean Doyle as non-executive directors, signaling a strategic shift in leadership to bolster the company’s growth and transformation efforts.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group plc announced a transaction involving the sale of 193,819 ordinary shares by S Berendji, the Operations Director, at a price of £3.6930 per share. This transaction, conducted on the London Stock Exchange, highlights the company’s ongoing financial activities and could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC has announced the appointment of Sean Doyle, the Chairman & CEO of British Airways, as a Non-Executive Director on its Board starting December 1, 2025. This move is part of M&S’s broader strategy to refresh its Board as it embarks on the next phase of its ‘Reshaping for Growth’ strategy. The appointment of Doyle, alongside Roger Burnley, former CEO of Asda, and the extension of Archie Norman’s tenure as Chair, aims to leverage Doyle’s leadership and operational expertise to strengthen M&S’s market position and support its modernization efforts.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced its interim results for the 26 weeks ended 27 September 2025, declaring an interim dividend of 1.2p per share payable on 9 January 2026. The announcement reflects the company’s ongoing commitment to shareholder returns and provides insights into its financial health and strategic direction, potentially impacting investor confidence and market positioning.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £397.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced that its capital consists of 2,057,101,623 ordinary shares with voting rights, with no shares held in Treasury. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £397.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC has announced the appointment of Roger Burnley CBE as a Non-Executive Director, effective from December 1, 2025. With his extensive experience in the food retail industry and supply chain transformation, Burnley’s addition is seen as a strategic move to support M&S’s ongoing ‘Reshaping for Growth’ strategy. His role on the Board and its committees is expected to help the company capitalize on growth opportunities, enhancing its market position and operational effectiveness.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £397.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC announced that directors and persons discharging managerial responsibilities have acquired additional shares in the company through its all-employee Share Incentive Plan. This move, involving key figures such as Operations Director S Berendji and Managing Director of Food A Freudmann, reflects a commitment to align the interests of management with those of shareholders, potentially impacting the company’s market positioning and stakeholder confidence positively.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £397.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Marks and Spencer Group PLC has announced the extension of Archie Norman’s tenure as Chairman to support the next phase of its ‘Reshaping for Growth’ strategy. This decision, supported by shareholders and the board, aims to provide stability and strong leadership as the company continues its transformation. The extension will last for three years from September 2026, subject to annual reviews, and will be presented for shareholder approval at the AGM.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £445.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.