Saturday 17 October 2026 Export GAP’s income statement to Excel — free account

The Gap, Inc.

The Gap, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $15.4 billion, up 1.86% from fiscal 2025. In the quarter to July 2026, revenue fell 1.99%, EPS grew 143.1%, free cash flow fell 47.7% and total debt fell 29.6%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

23.12 0.34 −1.45%

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Market cap: $8.2B
P/E: 6.8×
Fwd P/E: 8.1×
Dividend yield: 2.98%
F-score: 6/9
Altman Z: 2.85
Beneish M: n/a
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 84.32

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	5	—	—	11	4	—	—	—	—	1	2

Insider Ownership 35.24%

Capital & Financial Ratios $m

Market Cap 8,240.00

Revenue 15,326.00

Net Income 1,247.00

Free Cash Flow 957.00

Net Debt (992.00)

Current Ratio 1.82

Debt/Equity 0.38

P/E ratio 6.76

Fwd P/E 8.11

P/S ratio 0.54

P/B ratio 2.08

Past 5Y EPS Growth —

This Y EPS Growth 13.03%

Next Y EPS Growth 9.84%

Next Y revenue growth 1.16%

Next 5Y EPS Growth 10.72%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 4.52%

10-year low 10-year high

P/S against its own 10 years 46.19%

10-year low 10-year high

P/B against its own 10 years 28.20%

10-year low 10-year high

EV/Sales against its own 10 years 45.96%

10-year low 10-year high

EV/FCF against its own 10 years 33.03%

10-year low 10-year high

Dividends

Payout Ratio 0.21

Annual Dividend Rate 0.69

Annual Dividend Yield 2.98%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	0.69	0.17 0.18 0.18 0.18
2025	0.65	0.15 0.17 0.17 0.17
2024	0.60	0.15 0.15 0.15 0.15
2023	0.60	0.15 0.15 0.15 0.15
2022	0.57	0.12 0.15 0.15 0.15
2021	0.48	0.24 0.12 0.12
2020	0.24	0.24
2019	0.97	0.24 0.24 0.24 0.24
2018	0.96	0.23 0.24 0.24 0.24
2017	0.69	0.23 0.23 0.23
2016	1.15	0.23 0.23 0.23 0.23 0.23

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	1,873	2,588	3,002	2,485
Receivables	—	—	—	—
Inventory	1,995	2,067	2,207	2,297
Other	527	548	568	1,088
	4,395	5,203	5,777	5,870

	2024	2025	2026	Q'26
Payables	1,349	1,488	1,567	1,696
ST’ Debt	—	—	—	—
Other	—	—	—	—
	3,096	3,256	3,300	3,221

Compound Annual Growth %

	10y	5y	3y
Sales	(0.28%)	2.17%	(0.54%)
Cash Flow	(2.07%)	40.40%	28.67%
Earnings	(1.19%)	0.00%	0.00%
Book Value	4.09%	7.78%	19.40%

Revenue $m

	Apr	Jul	Oct	Jan	Year
’26	3,497	3,651	—	—	—
’26	3,463	3,725	3,942	4,236	15,366
’25	3,388	3,720	3,829	4,149	15,086
’24	3,276	3,548	3,767	4,298	14,889
’23	3,477	3,857	4,039	4,243	15,616
’22	3,991	4,211	3,943	4,525	16,670
’21	2,107	3,275	3,994	4,424	13,800

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	213	337	—	—	—
’26	(140)	448	299	686	1,293
’25	30	549	291	616	1,486
’24	15	513	304	700	1,532
’23	(362)	155	95	719	607
’22	340	452	(110)	127	809
’21	(940)	853	486	(162)	237

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	78	183	—	—	—
’26	(223)	350	153	543	823
’25	(63)	460	143	506	1,046
’24	(26)	431	215	568	1,188
’23	(257)	(23)	49	611	380
’22	216	307	(327)	(81)	115
’21	(1,062)	767	406	(266)	(155)

Fiscal quarters ending in the months shown.

EPS $

	Apr	Jul	Oct	Jan	Year
’26	0.90	1.38	—	—	—
’26	0.51	0.57	0.62	0.45	2.13
’25	0.41	0.54	0.72	0.54	2.20
’24	(0.05)	0.32	0.58	0.49	1.34
’23	(0.44)	(0.13)	0.77	(0.75)	(0.55)
’22	0.43	0.67	(0.40)	(0.04)	0.67
’21	(2.51)	(0.17)	0.25	0.61	(1.78)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	21.02	24.25	15.11	5.26	15.84	7.79	7.22	18.34	16.99	18.11	Analyst estimates 2027–2029 Powerpack
	High	35.24	35.68	31.39	26.99	37.63	19.06	22.08	30.59	29.29	29.36
People
People	Employees	135,000	135,000	135,000	129,000	117,000	97,000	95,000	85,000	82,000	79,000
	Revenue/emp, $m	0.11	0.12	0.12	0.13	0.12	0.17	0.16	0.18	0.18	0.19
Income, $m
Income, $m	Revenue	15,516	15,855	16,580	16,383	13,800	16,670	15,616	14,889	15,086	15,366
	Gross margin, %	36.35	38.26	38.13	37.44	34.09	39.81	34.32	38.79	41.28	40.79
	EBT	1,124	1,424	1,322	528	(1,102)	323	(139)	556	1,137	1,132
	EBT margin, %	7.24	8.98	7.97	3.22	(7.99)	1.94	(0.89)	3.73	7.54	7.37
	Net income	676	848	1,003	351	(665)	256	(202)	502	844	816
	Depreciation	602	499	519	559	550	518	546	522	500	496
Per share, $
Per share, $	Revenue	38.89	40.34	43.06	43.57	36.90	44.34	42.55	40.24	40.12	41.20
	Earnings	1.69	2.16	2.61	0.93	(1.78)	0.68	(0.55)	1.36	2.24	2.19
	Cash flow	4.31	3.51	3.59	3.75	0.63	2.15	1.65	4.14	3.95	3.47
	Capex	(1.31)	(1.86)	(1.83)	(2.19)	(1.05)	(1.85)	(0.62)	(0.93)	(1.17)	(1.26)
	Free cash flow	3.00	1.65	1.76	1.56	(0.41)	0.31	1.04	3.21	2.78	2.21
	Book value	7.28	8.00	9.23	8.82	6.99	7.24	6.08	7.01	8.68	10.19
	Shares, m	399	393	385	376	374	376	367	370	376	373
Valuation, ×
Valuation, ×	P/E	13.63	15.32	9.78	18.92	0.00	26.57	0.00	13.74	10.70	13.15
	P/S	0.59	0.82	0.59	0.40	0.55	0.41	0.32	0.46	0.60	0.70
	P/B	3.16	4.16	2.76	1.97	2.88	2.50	2.23	2.66	2.77	2.81
	EV/Sales	0.56	0.79	0.59	0.38	0.54	0.45	0.36	0.44	0.53	0.64
	EV/FCF	7.30	19.41	14.41	10.59	(47.85)	64.94	14.92	5.55	7.67	11.93
Cash, $m
Cash, $m	Operating cash flow	1,719	1,380	1,381	1,411	237	809	607	1,532	1,486	1,293
	Capex	(524)	(731)	(705)	(825)	(392)	(694)	(227)	(344)	(440)	(470)
	Free cash flow	1,195	649	676	586	(155)	115	380	1,188	1,046	823
Balance, $m
Balance, $m	Working capital	1,862	2,107	2,077	1,307	2,124	1,088	1,361	1,299	1,947	2,477
	Total debt	1,313	1,249	1,249	1,249	2,216	1,484	1,836	1,488	1,490	1,492
	Net debt	(470)	(534)	(120)	(405)	(182)	607	621	(385)	(1,098)	(1,510)
	Shareholders’ equity	2,904	3,144	3,553	3,316	2,614	2,722	2,233	2,595	3,264	3,801
Returns, %
Returns, %	ROA	8.96	10.87	12.51	3.23	(4.85)	1.93	(1.67)	4.48	7.36	6.66
	ROIC	30.58	35.42	24.80	12.32	(22.15)	15.21	(1.51)	15.84	32.09	30.42
	ROE	24.81	28.04	29.95	10.22	(22.43)	9.60	(8.15)	20.80	28.81	23.10

Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BURL Burlington Stores, Inc.	$16.8B	23.6×	27.4×	+10.99% (above 0%: growing)	+95.92% (above 0%: growing)	+31.74% (above 0%: growing)	46.24%	8.51%	Compare
LULU lululemon athletica inc.	$11.5B	8.0×	10.2×	−4.34% (below 0%: shrinking)	−5.81% (below 0%: shrinking)	+49.33% (above 0%: growing)	60.52%	18.78%	Compare
GAP The Gap, Inc.	$8.2B	6.8×	8.1×	−1.99% (below 0%: shrinking)	+143.10% (above 0%: growing)	−47.71% (below 0%: shrinking)	52.83%	18.52%
URBN Urban Outfitters, Inc.	$7.5B	13.3×	11.7×	+10.44% (above 0%: growing)	+75.63% (above 0%: growing)	+92.47% (above 0%: growing)	43.42%	17.37%	Compare
VSXY Victoria's Secret & Co.	$7.2B	19.1×	15.7×	+10.42% (above 0%: growing)	+990.00% (above 0%: growing)	+272.73% (above 0%: growing)	47.11%	15.95%	Compare
ANF Abercrombie & Fitch Company	$6.5B	12.9×	7.1×	+4.81% (above 0%: growing)	+41.41% (above 0%: growing)	+296.59% (above 0%: growing)	71.10%	19.95%	Compare
BOOT Boot Barn Holdings, Inc.	$3.7B	15.3×	19.6×	+17.75% (above 0%: growing)	+32.00% (above 0%: growing)	−22.73% (below 0%: shrinking)	40.42%	15.25%	Compare
AEO American Eagle Outfitters, Inc.	$3.0B	9.0×	9.6×	+7.53% (above 0%: growing)	+77.78% (above 0%: growing)	+367.29% (above 0%: growing)	48.69%	15.32%	Compare
BKE Buckle, Inc. (The)	$2.4B	10.6×	10.5×	+4.60% (above 0%: growing)	−2.22% (below 0%: shrinking)	−63.66% (below 0%: shrinking)	47.85%	17.45%	Compare
Median of peers	$6.8B	13.1×	11.1×	+8.98%	+58.52%	+70.90%	47.48%	16.66%

All 32 Apparel Retail stocks →

The Gap, Inc. (GAP) key facts

Concern: Net income was $816.0 million, or $2.19 per share (basic), a net margin of 5.31%.
Strength: The Gap, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $15.4 billion, up 1.86% from fiscal 2025.
The Gap, Inc. (GAP) is an Apparel Retail company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, GAP traded at $23.12, a market capitalization of $8.2 billion.
At that price the stock trades at 6.8× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 5% of its own readings over the past ten years.
The Gap, Inc. pays an annual dividend of $0.69 per share, a yield of 2.98%, with a payout ratio of 20.6%.
Return on equity was 23.1% and debt-to-equity 0.38.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.85 (grey zone) for fiscal 2026.