Gap Financial Ratios
NYSE: GAPConsumer DiscretionaryClothing/Shoe/Accessory StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Gap ratio analysis
Gap earned a net margin of 5.3% in FY 2025, down from 5.6% a year earlier. Gross margin was 40.8% compared with a median of 38.1% over the prior 9 years. Return on equity reached 21.5%, meaning Gap generated 0.21 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.39 versus 0.46 the year before, and the current ratio was 1.75. At the end of FY 2025, GAP traded at 13.1 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 9.7 to 26.5, with a median of 14.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Gap financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 13.14 | 10.94 | 14.78 | — | 26.52 | — | 18.72 | 9.65 | 15.00 | 13.36 |
| Price / sales | 0.68 | 0.60 | 0.49 | 0.31 | 0.40 | 0.55 | 0.40 | 0.58 | 0.80 | 0.58 |
| Price / book | 2.75 | 2.77 | 2.82 | 2.17 | 2.45 | 2.90 | 1.97 | 2.71 | 4.01 | 3.10 |
| Gross margin | 40.8% | 41.3% | 38.8% | 34.3% | 39.8% | 34.1% | 37.4% | 38.1% | 38.3% | 36.3% |
| Operating margin | 7.3% | 7.4% | 3.8% | -0.4% | 4.9% | -6.2% | 3.5% | 8.2% | 9.3% | 7.7% |
| Net margin | 5.3% | 5.6% | 3.4% | -1.3% | 1.5% | -4.8% | 2.1% | 6.0% | 5.3% | 4.4% |
| Free cash flow margin | 5.4% | 6.9% | 7.5% | -0.5% | 0.7% | -1.1% | 4.3% | 4.1% | 4.1% | 7.7% |
| Return on equity (ROE) | 21.5% | 25.9% | 19.3% | -9.0% | 9.4% | -25.4% | 10.6% | 28.2% | 27.0% | 23.3% |
| Return on assets (ROA) | 6.5% | 7.1% | 4.5% | -1.8% | 2.0% | -4.8% | 2.6% | 12.5% | 10.6% | 8.9% |
| Debt / equity | 0.39 | 0.46 | 0.57 | 0.67 | 0.55 | 0.85 | 0.38 | 0.35 | 0.40 | 0.45 |
| Current ratio | 1.75 | 1.60 | 1.42 | 1.42 | 1.27 | 1.55 | 1.41 | 1.96 | 1.86 | 1.76 |
| Revenue growth | 1.9% | 1.3% | -4.7% | -6.3% | 20.8% | -15.8% | -1.2% | 4.6% | 2.2% | -1.8% |
| EPS growth | -3.2% | 64.2% | — | -182.1% | — | -291.4% | -64.1% | 21.0% | 26.6% | -24.2% |