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Gap Inc
Previous close
$22.04
Day range
$23.25 - $25.89
Year range
$18.34 - $30.75
Market cap
9.36B USD
Avg Volume
4.92M
P/E ratio
11.59
Dividend yield
2.41%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Revenue | 3.72B | 4.85% |
Operating expense | 1.30B | 7.64% |
Net income | 206.00M | 76.07% |
Net profit margin | 5.54 | 67.88% |
Earnings per share | 0.54 | 58.82% |
EBITDA | 410.00M | 58.30% |
Effective tax rate | 30.41% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.15B | 58.96% |
Total assets | 11.51B | 6.07% |
Total liabilities | 8.61B | 0.24% |
Total equity | 2.90B | — |
Shares outstanding | 376.32M | — |
Price to book | 2.85 | — |
Return on assets | 6.40% | — |
Return on capital | 8.66% | — |
Cash Flow
Net change in cash
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Net income | 206.00M | 76.07% |
Cash from operations | 549.00M | 7.02% |
Cash from investing | -134.00M | -63.41% |
Cash from financing | -47.00M | 81.27% |
Net change in cash | 368.00M | 104.44% |
Free cash flow | 430.38M | -15.98% |
About
The Gap, Inc., commonly known as Gap Inc. or Gap, is an American worldwide clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates four primary divisions: Gap, Banana Republic, Old Navy, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. As of early 2023, Gap employs about 95,000 people.
The Fisher family remains deeply involved in the company, collectively owning much of its stock. Donald Fisher served as chairman of the board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death in 2009. Fisher's wife and their son, Robert J. Fisher, also serve on Gap's board of directors. Robert succeeded his father as chairman in 2004 and also served as CEO on an interim basis following the resignation of Paul Pressler in 2007, before being succeeded by Glenn K. Murphy up until 2014. From February 2015 to November 2019, Art Peck was CEO of Gap Inc., until he was replaced by Sonia Syngal in March 2020. Wikipedia
Founded
Aug 21, 1969
Headquarters
Website
Employees
85,000