The Gap, Inc.
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 18.9 | 18.2 | 30.0 | 47.0 | 35.5 | 32.7 | 27.0 | 17.8 | 19.0 | 14.7 | 20.6 | 18.2 | 7.2 | 12.1 | 10.3 | 12.2 | 14.1 | 13.9 | 14.4 | 11.1 | 13.6 | 15.5 | 9.8 | 18.7 | – | 27.1 | – | 14.0 | 11.0 | 13.2 | |
| 1.5 | 1.6 | 2.5 | 4.3 | 3.4 | 2.1 | 0.9 | 1.2 | 1.3 | 1.0 | 1.0 | 1.0 | 0.5 | 0.9 | 0.8 | 0.7 | 1.0 | 1.1 | 1.1 | 0.6 | 0.6 | 0.8 | 0.6 | 0.4 | 0.6 | 0.4 | 0.3 | 0.5 | 0.6 | 0.7 | |
| 4.1 | 5.0 | 10.1 | 24.6 | 17.9 | 9.8 | 3.5 | 4.0 | 4.4 | 3.0 | 3.1 | 3.5 | 1.8 | 2.7 | 3.0 | 3.7 | 5.5 | 5.8 | 6.1 | 4.0 | 3.2 | 4.2 | 2.8 | 2.0 | 2.9 | 2.5 | 2.2 | 2.7 | 2.8 | 2.8 | |
| 1.4 | 1.5 | 2.3 | 4.2 | 3.4 | 2.1 | 0.7 | 1.0 | – | – | 0.9 | 0.9 | 0.4 | – | 0.7 | 0.6 | 1.0 | 1.0 | 1.0 | 0.6 | 0.5 | 0.8 | 0.5 | 0.4 | 0.6 | 0.5 | 0.4 | 0.5 | 0.6 | 0.7 | |
| 8.0 | 8.2 | 13.6 | 23.1 | 17.6 | 14.4 | 5.8 | 6.4 | – | – | 8.2 | 7.3 | 2.5 | – | 4.1 | 4.1 | 6.0 | 6.0 | 6.3 | 4.3 | 4.2 | 5.8 | 4.5 | 5.3 | – | 8.3 | 12.8 | 6.2 | 5.2 | 6.2 | |
| 35.7 | 17.8 | 44.7 | 65.0 | 167.2 | – | 13.8 | 9.7 | 18.5 | 17.2 | 23.7 | 10.8 | 5.0 | 8.4 | 10.4 | 12.4 | 12.5 | 17.2 | 12.8 | 11.8 | 7.7 | 20.3 | 14.6 | 18.0 | – | 60.3 | – | 6.3 | 8.9 | 13.1 | |
| 2.8% | 5.6% | 2.2% | 1.5% | 0.6% | -2.0% | 7.3% | 10.3% | 5.4% | 5.8% | 4.2% | 9.2% | 20.2% | 11.9% | 9.6% | 8.0% | 8.0% | 5.8% | 7.8% | 8.5% | 13.0% | 4.9% | 6.9% | 5.6% | -2.0% | 1.7% | -1.6% | 15.8% | 11.2% | 7.7% | |
| Margins | ||||||||||||||||||||||||||||||
| 40.3% | 41.9% | 42.3% | 44.9% | 45.5% | 41.4% | 34.0% | 37.6% | 39.2% | 36.7% | 35.5% | 36.1% | 39.4% | 40.3% | 40.2% | 36.2% | 39.4% | 39.0% | 38.3% | 36.2% | 36.3% | 38.3% | 38.1% | 37.4% | 34.1% | 39.8% | 34.3% | 38.8% | 41.3% | 40.8% | |
| 13.0% | 13.8% | 13.1% | 14.7% | 15.6% | 10.6% | 7.0% | 11.9% | 12.8% | 11.1% | 7.5% | 8.3% | 12.5% | 12.8% | 13.4% | 9.9% | 12.4% | 13.3% | 12.7% | 9.6% | 7.7% | 9.3% | 8.2% | 3.5% | -6.2% | 4.9% | -0.4% | 3.8% | 7.4% | 7.3% | |
| 8.1% | 8.6% | 8.2% | 9.1% | 9.7% | 6.4% | 3.3% | 6.5% | 7.1% | 6.9% | 4.9% | 5.3% | 7.6% | 7.8% | 8.2% | 5.7% | 7.3% | 7.9% | 7.7% | 5.8% | 4.4% | 5.3% | 6.0% | 2.1% | -4.8% | 1.5% | -1.3% | 3.4% | 5.6% | 5.3% | |
| 4.2% | 8.8% | 5.5% | 6.6% | 2.1% | -4.2% | 6.5% | 12.0% | 7.2% | 5.9% | 4.3% | 8.9% | 11.0% | 11.2% | 8.1% | 5.6% | 8.2% | 6.4% | 8.6% | 5.5% | 7.7% | 4.1% | 4.1% | 2.2% | -1.1% | 0.7% | -0.5% | 7.5% | 6.9% | 5.4% | |
| Returns | ||||||||||||||||||||||||||||||
| 21.6% | 27.4% | 33.7% | 52.4% | 50.5% | 30.0% | 13.1% | 22.2% | 23.3% | 20.5% | 15.0% | 19.5% | 25.1% | 22.5% | 29.5% | 30.2% | 39.2% | 41.8% | 42.3% | 36.1% | 23.3% | 27.0% | 28.2% | 10.6% | -25.4% | 9.4% | -9.0% | 19.3% | 25.9% | 21.5% | |
| 15.1% | 17.2% | 16.0% | 20.8% | 21.7% | 12.5% | 4.8% | 10.0% | 11.4% | 12.6% | 9.1% | 10.6% | 14.6% | 13.8% | 17.0% | 11.2% | 15.2% | 16.3% | 16.4% | 12.3% | 8.9% | 10.6% | 12.5% | 2.6% | -4.8% | 2.0% | -1.8% | 4.5% | 7.1% | 6.5% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -558 | -446 | -812 | -475 | -281 | 621 | -2,889 | -1,978 | – | – | -1,705 | -1,586 | -1,665 | – | -1,558 | -1,826 | -826 | -1,485 | -1,494 | -949 | -1,718 | -1,165 | -1,057 | -444 | 1,059 | 1,341 | 1,288 | 215 | -213 | -490 | |
| -0.7 | -0.5 | -0.7 | -0.3 | -0.1 | 0.3 | -1.7 | -0.8 | – | – | -1.0 | -0.9 | -0.7 | – | -0.6 | -0.9 | -0.3 | -0.5 | -0.6 | -0.4 | -1.0 | -0.6 | -0.5 | -0.4 | – | 1.3 | 2.6 | 0.2 | -0.1 | -0.3 | |
| 70.0% | 63.0% | 47.5% | 39.7% | 43.0% | 41.8% | 36.9% | 44.9% | 49.1% | 61.5% | 60.6% | 54.5% | 58.0% | 61.3% | 57.7% | 37.1% | 38.7% | 39.0% | 38.8% | 34.1% | 38.2% | 39.4% | 44.1% | 24.2% | 19.0% | 21.3% | 19.6% | 23.5% | 27.5% | 30.1% | |
| 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.1 | – | – | 0.1 | 0.0 | 0.0 | – | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.2 | 0.0 | 0.2 | 0.0 | 0.3 | 1.2 | 0.8 | 1.1 | 0.8 | 0.7 | 0.6 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.37 | 0.47 | 0.58 | 0.91 | 1.26 | 1.00 | 0.54 | 1.04 | 1.16 | 1.23 | 0.93 | 1.05 | 1.58 | 1.58 | 1.88 | 1.56 | 2.33 | 2.74 | 2.87 | 2.23 | 1.69 | 2.14 | 2.59 | 0.93 | -1.78 | 0.67 | -0.55 | 1.34 | 2.20 | 2.13 | |
| 4.59 | 5.48 | 7.05 | 9.99 | 13.01 | 15.55 | 16.36 | 16.04 | 16.41 | 17.76 | 19.07 | 19.85 | 20.78 | 20.31 | 22.88 | 27.30 | 32.07 | 34.58 | 37.35 | 38.25 | 38.79 | 40.04 | 42.73 | 43.34 | 36.90 | 43.52 | 42.55 | 39.60 | 39.29 | 40.02 | |
| 1.71 | 1.72 | 1.72 | 1.74 | 2.50 | 3.33 | 4.14 | 4.70 | 4.98 | 6.01 | 6.19 | 5.38 | 6.28 | 7.00 | 6.37 | 5.17 | 5.93 | 6.56 | 6.78 | 6.16 | 7.26 | 7.94 | 9.16 | 8.77 | 6.99 | 7.11 | 6.08 | 6.90 | 8.50 | 9.90 | |
| 0.20 | 0.48 | 0.39 | 0.66 | 0.27 | -0.65 | 1.06 | 1.92 | 1.19 | 1.05 | 0.81 | 1.76 | 2.28 | 2.28 | 1.85 | 1.53 | 2.62 | 2.22 | 3.22 | 2.10 | 2.99 | 1.64 | 1.74 | 0.97 | -0.41 | 0.30 | -0.21 | 2.96 | 2.71 | 2.14 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.