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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 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 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 | ÂŁ14.82B | 9.50 | 51.86% | 1.80% | 9.74% | 0.92% | |
73 Outperform | £2.90B | 2.38 | 19.54% | ― | -6.43% | 52.93% | |
71 Outperform | ÂŁ3.58B | 26.72 | 19.64% | 1.21% | 14.60% | 58.84% | |
65 Neutral | ÂŁ1.74B | 6.72 | 121.78% | 3.99% | 3.78% | 3.29% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | ÂŁ7.26B | 298.74 | 0.69% | 1.18% | 14.13% | -96.12% | |
52 Neutral | £277.70M | -1.12 | -111.93% | ― | -14.89% | 12.08% |
Marks and Spencer Corporate Events
Marks and Spencer has disclosed that two senior executives acquired small additional holdings in the company through its all-employee Share Incentive Plan. Operations Director S. Berendji and Managing Director of Food A. Freudmann each bought 38 ordinary shares at £3.928 on 27 February 2026 via the London Stock Exchange, reflecting ongoing managerial participation in the retailer’s equity-based incentive arrangements.
The transactions, reported under UK Market Abuse Regulation requirements, underscore the alignment of key managers’ interests with those of shareholders, though the volumes involved are modest and unlikely to materially affect the company’s capital structure. Such routine share plan acquisitions are part of Marks and Spencer’s broader approach to employee share ownership, aimed at reinforcing commitment to the business and regulatory transparency around insider dealing.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £418.00 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 has issued and allotted 7,507,025 new ordinary shares of 1p each under its Save As You Earn (SAYE) employee share scheme, with the shares admitted to trading on the London Stock Exchange’s Main Market under an existing block admission. Following this issue, the company’s total share capital with voting rights has increased to 2,064,647,580 ordinary shares, a change relevant for investors monitoring their disclosure thresholds under UK transparency rules.
The updated share count provides the new denominator shareholders must use to assess whether they must notify the regulator and the company of holdings or changes in holdings. The move underscores M&S’s continued use of employee share plans as part of its remuneration and incentive structure, while slightly diluting existing shareholders as part of normal capital management for such schemes.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £418.00 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 disclosed that its Chief Executive Officer, S Machin, has carried out a sale of company shares. The transaction involved the disposal of 150,000 ordinary 1p shares at a price of £4.04 per share on 17 February 2026.
The trade was executed on the London Stock Exchange’s Main Market and was reported as a single transaction. This director dealing notice informs investors of changes in the CEO’s shareholding, a development that stakeholders may monitor for signals about executive confidence and capital management decisions.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £375.00 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 that board member Evelyn Bourke will take on an additional external role as an independent non-executive director at St. James’s Place plc from 1 March 2026, where she will also serve on the audit and remuneration committees. The move underscores the breadth of governance and financial oversight experience represented on M&S’s board, potentially strengthening its corporate governance credentials while highlighting the cross-industry influence of its senior leadership.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £396.00 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 disclosed that its Managing Director of International, identified as a person discharging managerial responsibilities, has exercised options over 8,800 ordinary 1p shares under the company’s Sharesave scheme at an exercise price of £0.99 per share and subsequently sold the same number of shares at £3.681722 per share on 2 February 2026. The transaction, carried out partly outside a trading venue and the sale executed on the London Stock Exchange’s Main Market, forms part of routine employee share incentive and disposal activity, and is being reported in line with UK Market Abuse Regulation transparency requirements for director and senior management dealings in company stock.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £390.00 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 reported that its issued share capital comprises 2,057,211,437 ordinary shares, all of which carry voting rights, and that it currently holds no shares in treasury. This updated share capital figure provides the reference denominator for shareholders when assessing whether they must disclose holdings or changes in their interests under the UK Financial Conduct Authority’s Disclosure and Transparency Rules, supporting regulatory compliance and transparency in the company’s ownership structure.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £390.00 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 has disclosed that two senior executives, Operations Director Sacha Berendji and Managing Director of Food Alex Freudmann, have increased their holdings in the company by acquiring ordinary shares through its all-employee Share Incentive Plan. The purchases, made on 27 January 2026 on the London Stock Exchange at £3.60 per share, involve modest volumes but underline ongoing management participation in the group’s share ownership schemes, aligning leadership interests more closely with those of shareholders.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £440.00 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 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.