GAP
GAP INC
Consumer Discretionary • CIK: 0000039911
Loading...
Market Cap
$7.07B
P/E (TTM)
8.0x
Rev Growth (TTM)
—
Net Margin (TTM)
5.9%
FCF Yield (TTM)
—
FCF Margin (TTM)
5.1%
Cash Flow Health
Free Cash Flow6/8 positive
TTM$769M
Q2 '25
$350M+257%
Q1 '25
$-223M-145%
FCF Margin
TTM5.1%
Q2 '259.4%+246%
Sector: 3.2%Above Avg
OCF Margin–
OCF/NI1.37x
CapEx Coverage2.7x
FCF Yield–
FCF Growth (2Y)–
Cash Conversion Cycle
–
Capital Allocation & Returns
Shareholder Friendly
Total Shareholder YieldEst.
Est.7.9%
Div Yield3.3%
+Est. Buyback4.5%
Strong capital returns to shareholders
Dividend & Payout Metrics
Dividend Yield (TTM)3.3%
FCF Payout Ratio30.7%
Free Cash Flow (TTM)$769.0M
Stock Repurchases ()$75.0M
Est. Dividends Paid (TTM)$236.4M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders
Operational Efficiency & Returns
Return on Invested CapitalTTM
36.9%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
5.7%
Asset Turnover
1.29x
Leverage (1+D/E)
1.43x
D/E: 0.43x
DuPont: 10.6% ≈ 36.9% ROIC
Asset & CapEx Efficiency
Invested Cap Turn
6.44x
8Q:–
CapEx Intensity
18.9%
8Q:–
Asset-based ROIC formula
QUARTERLY TRENDS
Last 8 quarters + TTM
| Metric | TTM | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | $15.2B | $3.7B↑7.6% | $3.5B↓16.5% | $4.1B↑8.4% | $3.8B↑2.9% | $3.7B↑9.8% | $3.4B↓21.2% | $4.3B↑14.1% | $3.8B |
Operating Income | $1.2B | $292.0M↑12.3% | $260.0M↑0.4% | $259.0M↓27.0% | $355.0M↑21.2% | $293.0M↑42.9% | $205.0M↓4.2% | $214.0M↓14.4% | $250.0M |
Net Income | $889.0M | $216.0M↑11.9% | $193.0M↓6.3% | $206.0M↓24.8% | $274.0M↑33.0% | $206.0M↑30.4% | $158.0M↓14.6% | $185.0M↓15.1% | $218.0M |
Operating Cash Flow | $1.2B | $448.0M↑420.0% | $-140.0M↓122.7% | $616.0M↑111.7% | $291.0M↓47.0% | $549.0M↑1730.0% | $30.0M↓95.7% | $700.0M↑130.3% | $304.0M |
Free Cash Flow | $769.0M | $350.0M↑257.0% | $-223.0M↓144.7% | $499.0M↑249.0% | $143.0M↓68.9% | $460.0M↑830.2% | $-63.0M↓111.1% | $568.0M↑164.2% | $215.0M |
Total Equity | N/A |
Valuation Analysis
Fair Value
Price-to-EarningsTTM
8.0x
Valuation Lenses
Earnings
8.0x
vs – sector
Cash Flow
9.0x
EV/FCF vs –
Growth-Adj
–PEG
N/A
Quality-Adj
0.2P/E per %ROIC
ROIC: 36.9%
Shareholder Returns
Dividend
3.3%
Buyback
–
Total Yield
–
Market Cap$7.07B
EV–
Multi-angle valuation analysis with sector context
Business Quality & Moat
Overall Quality Score
100/100
Exceptional
Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)
Returns on Capital
Return on Equity (ROE)Above Avg
27.6%
8Q:–
Return on Invested Capital (ROIC)Top 25%
36.9%
8Q:–
vs Sector:0.1%
DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)
NOPAT Margin: 5.7%
Asset Turnover: 1.29x
Earnings Quality
Cash Conversion
1.37x
OCF / Net Income ✓
FCF Consistency
–
Positive quarters
Competitive Moat Indicators
Pricing Power
Gross Margin41.1%
Capital Efficiency
Invested Capital Turnover6.44x
Working Capital
Cash Conversion Cycle–
Growth Quality & Momentum
Growth Rates
Revenue Growth YoY
N/A
OpInc Growth YoY
-0.3%
EPS Growth YoY
N/A
FCF 3Y CAGR
N/A
Margin Quality & Sustainability
Moderate
Profitability Cascade
Gross
41.1%
Operating
7.7%
Above Avg in sector
Net
5.9%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
—
FCF vs Net Gap
-0.8 pts
FCF: 5.1% | Net: 5.9%
Quality = stability + cash conversion + low dilution
Balance Sheet & Solvency
Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $969.00M
Interest Coverage
–
+Net cash position: $969.00M
Leverage Metrics
Debt-to-Equity
0.43x
Balance sheet risk & solvency analysis