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GAP · NYSE · United States · Retail-Family Clothing Stores
In shortGAP INC is profitable, generates cash and holds more cash than debt, with revenue stable (+1.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 7.3% | 41/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 5.3% | 41/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 23.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 15.2% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.75× | 79/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.39× | 89/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 11.99× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.26 | 55/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 5.4% | 41/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.01× | 89/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 10.8% | 71/100 |
| Operating margin volatility | 3.2% | 80/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -0.5% | 14/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 16,670 | 15,616 | 14,889 | 15,086 | 15,366 |
| Cost of revenue | 10,033 | 10,257 | 9,114 | 8,859 | 9,098 |
| Gross profit | 6,637 | 5,359 | 5,775 | 6,227 | 6,268 |
| Research & development | 41 | 46 | 37 | 40 | 60 |
| Operating income | 810 | (69) | 560 | 1,112 | 1,115 |
| Interest expense | 167 | 88 | 90 | 87 | 93 |
| Pre-tax income | 323 | (139) | 556 | 1,137 | 1,132 |
| Income tax | 67 | 63 | 54 | 293 | 316 |
| Net income | 256 | (202) | 502 | 844 | 816 |
| Diluted EPS | $0.67 | −$0.55 | $1.34 | $2.20 | $2.13 |
| Diluted shares (millions) | 383 | 367 | 376 | 384 | 384 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of GAP INC are included in the Investor plan. Try free for 7 days →
3.26 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Aug 28, 2026