InsiderClue
Stocks · Consumer discretionary · Retail-Family Clothing Stores

GAP INC

GAP Clue Score48
United States Fiscal year ends February CIK 0000039911
$23.23 -0.56% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $23.23 +5.21% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue15.52Operating income1.19Net income0.68EPS, diluted1.69Fiscal year 2018Revenue15.86 +2.2%Operating income1.48Net income0.85 +25.4%EPS, diluted2.14 +26.6%Fiscal year 2019Revenue16.58 +4.6%Operating income1.36Net income1.00 +18.3%EPS, diluted2.59 +21.0%Fiscal year 2020Revenue16.38 −1.2%Operating income0.57Net income0.35 −65.0%EPS, diluted0.93 −64.1%Fiscal year 2021Revenue13.80 −15.8%Operating income−0.86Net income−0.67 −289.5%EPS, diluted−1.78 −291.4%Fiscal year 2022Revenue16.67 +20.8%Operating income0.81Net income0.26EPS, diluted0.67Fiscal year 2023Revenue15.62 −6.3%Operating income−0.07Net income−0.20 −178.9%EPS, diluted−0.55 −182.1%Fiscal year 2024Revenue14.89 −4.7%Operating income0.56Net income0.50EPS, diluted1.34Fiscal year 2025Revenue15.09 +1.3%Operating income1.11Net income0.84 +68.1%EPS, diluted2.20 +64.2%Fiscal year 2026Revenue15.37 +1.9%Operating income1.12Net income0.82 −3.3%EPS, diluted2.13 −3.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 15.52 15.86 16.58 16.38 13.80 16.67 15.62 14.89 15.09 15.37
Growth +2.2% +4.6% −1.2% −15.8% +20.8% −6.3% −4.7% +1.3% +1.9%
Operating income 1.19 1.48 1.36 0.57 −0.86 0.81 −0.07 0.56 1.11 1.12
Net income 0.68 0.85 1.00 0.35 −0.67 0.26 −0.20 0.50 0.84 0.82
Growth +25.4% +18.3% −65.0% −289.5% −178.9% +68.1% −3.3%
EPS, diluted 1.69 2.14 2.59 0.93 −1.78 0.67 −0.55 1.34 2.20 2.13
Growth +26.6% +21.0% −64.1% −291.4% −182.1% +64.2% −3.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin36.3%Operating margin7.7%Net margin4.4%Free cash flow margin7.7%Fiscal year 2018Gross margin38.3%Operating margin9.3%Net margin5.3%Free cash flow margin4.1%Fiscal year 2019Gross margin38.1%Operating margin8.2%Net margin6.0%Free cash flow margin4.1%Fiscal year 2020Gross margin37.4%Operating margin3.5%Net margin2.1%Free cash flow margin4.3%Fiscal year 2021Gross margin34.1%Operating margin−6.2%Net margin−4.8%Free cash flow margin−1.1%Fiscal year 2022Gross margin39.8%Operating margin4.9%Net margin1.5%Free cash flow margin0.7%Fiscal year 2023Gross margin34.3%Operating margin−0.4%Net margin−1.3%Free cash flow margin−0.5%Fiscal year 2024Gross margin38.8%Operating margin3.8%Net margin3.4%Free cash flow margin7.5%Fiscal year 2025Gross margin41.3%Operating margin7.4%Net margin5.6%Free cash flow margin6.9%Fiscal year 2026Gross margin40.8%Operating margin7.3%Net margin5.3%Free cash flow margin5.4%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 36.3% 38.3% 38.1% 37.4% 34.1% 39.8% 34.3% 38.8% 41.3% 40.8%
Operating margin 7.7% 9.3% 8.2% 3.5% −6.2% 4.9% −0.4% 3.8% 7.4% 7.3%
Net margin 4.4% 5.3% 6.0% 2.1% −4.8% 1.5% −1.3% 3.4% 5.6% 5.3%
Free cash flow margin 7.7% 4.1% 4.1% 4.3% −1.1% 0.7% −0.5% 7.5% 6.9% 5.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1.72Capital expenditure−0.52Free cash flow1.20Buybacks0.00Dividends paid−0.37Fiscal year 2018Operating cash flow1.38Capital expenditure−0.73Free cash flow0.65 −45.7%Buybacks−0.32Dividends paid−0.36Fiscal year 2019Operating cash flow1.38Capital expenditure−0.71Free cash flow0.68 +4.2%Buybacks−0.40Dividends paid−0.37Fiscal year 2020Operating cash flow1.41Capital expenditure−0.70Free cash flow0.71 +4.9%Buybacks−0.20Dividends paid−0.36Fiscal year 2021Operating cash flow0.24Capital expenditure−0.39Free cash flow−0.16 −121.9%Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow0.81Capital expenditure−0.69Free cash flow0.12Buybacks−0.20Dividends paid−0.23Fiscal year 2023Operating cash flow0.61Capital expenditure−0.69Free cash flow−0.08 −167.8%Buybacks−0.12Dividends paid−0.22Fiscal year 2024Operating cash flow1.53Capital expenditure−0.42Free cash flow1.11Buybacks0.00Dividends paid−0.22Fiscal year 2025Operating cash flow1.49Capital expenditure−0.45Free cash flow1.04 −6.6%Buybacks−0.08Dividends paid−0.23Fiscal year 2026Operating cash flow1.29Capital expenditure−0.47Free cash flow0.82 −20.8%Buybacks−0.16Dividends paid−0.25
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 1.72 1.38 1.38 1.41 0.24 0.81 0.61 1.53 1.49 1.29
Capital expenditure −0.52 −0.73 −0.71 −0.70 −0.39 −0.69 −0.69 −0.42 −0.45 −0.47
Free cash flow 1.20 0.65 0.68 0.71 −0.16 0.12 −0.08 1.11 1.04 0.82
Growth −45.7% +4.2% +4.9% −121.9% −167.8% −6.6% −20.8%
Buybacks 0.00 −0.32 −0.40 −0.20 0.00 −0.20 −0.12 0.00 −0.08 −0.16
Dividends paid −0.37 −0.36 −0.37 −0.36 0.00 −0.23 −0.22 −0.22 −0.23 −0.25

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1.78Total debt1.31Net cash (debt)0.47Shareholders’ equity2.90Debt to equity0.45Fiscal year 2018Cash1.78Total debt1.25Net cash (debt)0.53Shareholders’ equity3.14Debt to equity0.40Fiscal year 2019Cash1.08Total debt1.25Net cash (debt)−0.17Shareholders’ equity3.55Debt to equity0.35Fiscal year 2020Cash1.36Total debt1.25Net cash (debt)0.12Shareholders’ equity3.32Debt to equity0.38Fiscal year 2021Cash1.99Total debt2.22Net cash (debt)−0.23Shareholders’ equity2.61Debt to equity0.85Fiscal year 2022Cash0.88Total debt1.48Net cash (debt)−0.61Shareholders’ equity2.72Debt to equity0.55Fiscal year 2023Cash1.22Total debt1.49Net cash (debt)−0.27Shareholders’ equity2.23Debt to equity0.67Fiscal year 2024Cash1.87Total debt1.49Net cash (debt)0.39Shareholders’ equity2.60Debt to equity0.57Fiscal year 2025Cash2.34Total debt1.49Net cash (debt)0.85Shareholders’ equity3.26Debt to equity0.46Fiscal year 2026Cash2.62Total debt1.49Net cash (debt)1.12Shareholders’ equity3.80Debt to equity0.39
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 1.78 1.78 1.08 1.36 1.99 0.88 1.22 1.87 2.34 2.62
Total debt 1.31 1.25 1.25 1.25 2.22 1.48 1.49 1.49 1.49 1.49
Net cash (debt) 0.47 0.53 −0.17 0.12 −0.23 −0.61 −0.27 0.39 0.85 1.12
Shareholders’ equity 2.90 3.14 3.55 3.32 2.61 2.72 2.23 2.60 3.26 3.80
Debt to equity 0.45 0.40 0.35 0.38 0.85 0.55 0.67 0.57 0.46 0.39

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 28 Jan 2017 FY2018 3 Feb 2018 FY2019 2 Feb 2019 FY2020 1 Feb 2020 FY2021 30 Jan 2021 FY2022 29 Jan 2022 FY2023 28 Jan 2023 FY2024 3 Feb 2024 FY2025 1 Feb 2025 FY2026 31 Jan 2026
Operations
1.72 1.38 1.38 1.41 0.24 0.81 0.61 1.53 1.49 1.29
Growth −19.7% +0.1% +2.2% −83.2% +241.4% −25.0% +152.4% −3.0% −13.0%
Investment
−0.52 −0.73 −0.71 −0.70 −0.39 −0.69 −0.69 −0.42 −0.45 −0.47
calc 1.20 0.65 0.68 0.71 −0.16 0.12 −0.08 1.11 1.04 0.82
Growth −45.7% +4.2% +4.9% −121.9% −167.8% −6.6% −20.8%
calc 2.99 1.64 1.74 1.88 −0.41 0.30 −0.21 2.96 2.71 2.14
−0.53 −0.67 −1.00 −0.89 −0.51 −0.45 −0.23 −0.33 −0.69 −0.60
Financing
−0.78 −0.73 −0.75 −0.56 0.90 −1.47 0.01 −0.57 −0.32 −0.42
−0.37 −0.36 −0.37 −0.36 0.00 −0.23 −0.22 −0.22 −0.23 −0.25
0.00 −0.32 −0.40 −0.20 0.00 −0.20 −0.12 0.00 −0.08 −0.16

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.