Gap Balance Sheet
NYSE: GAPConsumer DiscretionaryClothing/Shoe/Accessory StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Gap financial position
At the end of fiscal 2025, Gap reported total assets of $12.63 billion, up 6.3% from a year earlier against total liabilities of $8.83 billion. Shareholders' equity stood at $3.80 billion, or 30.1% of assets. The company held $2.62 billion in cash and equivalents against $1.49 billion of debt, a net cash position of $1.12 billion.
The current ratio (current assets divided by current liabilities) was 1.75, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.39.
Summary generated from market data by MetaCap's automated system. Methodology
Gap balance sheet (annual)
| Fiscal year (USD) | FY 20252026-01-31 | FY 20242025-02-01 | FY 20232024-02-03 | FY 20222023-01-28 | FY 20212022-01-29 | FY 20202021-01-30 | FY 20192020-02-01 | FY 20182019-02-02 | FY 20172018-02-03 | FY 20162017-01-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.62B | 2.33B | 1.87B | 1.22B | 877.00M | 1.99B | 1.36B | 1.08B | 1.78B | 1.78B |
| Short-Term Investments | 386.00M | 253.00M | 0 | — | 0 | 410.00M | 290.00M | 288.00M | 0 | — |
| Receivables | 316.00M | 301.00M | 289.00M | 340.00M | 399.00M | 363.00M | 316.00M | 321.00M | 282.00M | 335.00M |
| Total Current Assets | 5.78B | 5.20B | 4.39B | 4.62B | 5.17B | 6.01B | 4.52B | 4.25B | 4.57B | 4.32B |
| Property, Plant & Equipment | 2.51B | 2.50B | 2.57B | 2.69B | 3.04B | 2.84B | 3.12B | 2.91B | 2.81B | 2.62B |
| Goodwill | 207.00M | 207.00M | 207.00M | 207.00M | 207.00M | 109.00M | 109.00M | 109.00M | 109.00M | 109.00M |
| Intangible Assets | 4.00M | 10.00M | 18.00M | 27.00M | 36.00M | 0 | — | — | — | — |
| Total Assets | 12.63B | 11.88B | 11.04B | 11.39B | 12.76B | 13.77B | 13.68B | 8.05B | 7.99B | 7.61B |
| Accounts Payable | 1.57B | 1.49B | 1.35B | 1.32B | 1.95B | 1.74B | 1.17B | 1.13B | 1.18B | 1.24B |
| Short-Term Debt | — | — | — | — | — | 0 | 0 | 6.00M | 0 | 65.00M |
| Total Current Liabilities | 3.30B | 3.26B | 3.10B | 3.26B | 4.08B | 3.88B | 3.21B | 2.17B | 2.46B | 2.45B |
| Long-Term Debt | 1.49B | 1.49B | 1.49B | 1.49B | 1.48B | 2.22B | 1.25B | 1.25B | 1.25B | 1.25B |
| Total Liabilities | 8.83B | 8.62B | 8.45B | 9.15B | 10.04B | 11.15B | 10.36B | 4.50B | 4.84B | 4.71B |
| Shareholders' Equity | 3.80B | 3.26B | 2.60B | 2.23B | 2.72B | 2.61B | 3.32B | 3.55B | 3.14B | 2.90B |
| Retained Earnings | 3.61B | 3.04B | 2.42B | 2.14B | 2.62B | 2.50B | 3.26B | 3.48B | 3.08B | 2.75B |
| Total Debt | 1.49B | 1.49B | 1.49B | 1.49B | 1.48B | 2.22B | 1.25B | 1.25B | 1.25B | 1.31B |
| Net Cash (Debt) | 1.51B | 1.10B | 385.00M | -271.00M | -607.00M | 182.00M | 405.00M | 114.00M | 534.00M | 470.00M |
| Shares Outstanding | 372.00M | 374.00M | 372.00M | 366.00M | 371.00M | 374.00M | 371.00M | 378.00M | 389.00M | 399.00M |
This table shows 10 annual periods of Gap's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow GAP's reporting calendar. What is a balance sheet?