The Gap, Inc. (GPS) Financials

NYSE:GPS

Market Cap

3.68B

Total Revenue

15.62B

Gross Profit

5.36B

Operating Income

-69.00M

Net Income

-202.00M

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	16,148,000,000	16,435,000,000	15,797,000,000	15,516,000,000	15,855,000,000	16,580,000,000	16,383,000,000	13,800,000,000	16,670,000,000	15,616,000,000
costOfRevenue	9,855,000,000	10,146,000,000	10,077,000,000	9,876,000,000	9,789,000,000	10,258,000,000	10,250,000,000	9,095,000,000	10,033,000,000	10,257,000,000
grossProfit	6,293,000,000	6,289,000,000	5,720,000,000	5,640,000,000	6,066,000,000	6,322,000,000	6,133,000,000	4,705,000,000	6,637,000,000	5,359,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	880,000,000	--	832,000,000	855,000,000	970,000,000	966,000,000	--	--	--	--
sellingGeneralAndAdministrativeExpenses	880,000,000	--	832,000,000	855,000,000	970,000,000	966,000,000	--	--	--	--
operatingExpenses	4,144,000,000	4,206,000,000	4,196,000,000	4,449,000,000	4,587,000,000	4,960,000,000	5,559,000,000	5,567,000,000	5,827,000,000	5,428,000,000
operatingIncome	2,149,000,000	2,083,000,000	1,524,000,000	1,191,000,000	1,479,000,000	1,362,000,000	574,000,000	-862,000,000	1,135,000,000	-69,000,000
totalOtherIncomeExpensesNet	-56,000,000	-70,000,000	-53,000,000	-67,000,000	-55,000,000	-40,000,000	-46,000,000	-240,000,000	-812,000,000	-70,000,000
ebitda	2,619,000,000	2,583,000,000	2,051,000,000	1,722,000,000	1,978,000,000	1,879,000,000	1,131,000,000	-297,000,000	1,639,000,000	471,000,000
depreciationAndAmortization	470,000,000	500,000,000	527,000,000	531,000,000	499,000,000	517,000,000	557,000,000	565,000,000	504,000,000	540,000,000
interestIncome	5,000,000	5,000,000	6,000,000	8,000,000	19,000,000	33,000,000	30,000,000	10,000,000	5,000,000	18,000,000
interestExpense	56,000,000	70,000,000	53,000,000	67,000,000	55,000,000	40,000,000	76,000,000	192,000,000	167,000,000	88,000,000
incomeBeforeTax	2,093,000,000	2,013,000,000	1,471,000,000	1,124,000,000	1,424,000,000	1,322,000,000	528,000,000	-1,102,000,000	323,000,000	-139,000,000
incomeTaxExpense	813,000,000	751,000,000	551,000,000	448,000,000	576,000,000	319,000,000	177,000,000	-437,000,000	67,000,000	63,000,000
netIncome	1,280,000,000	1,262,000,000	920,000,000	676,000,000	848,000,000	1,003,000,000	351,000,000	-665,000,000	256,000,000	-202,000,000
eps	2.78	2.9	2.24	1.69	2.16	2.61	0.93	-1.78	0.68	-0.55
epsdiluted	2.74	2.87	2.23	1.69	2.14	2.59	0.93	-1.78	0.67	-0.55
weightedAverageShsOut	461,000,000	435,000,000	411,000,000	399,000,000	393,000,000	385,000,000	376,000,000	374,000,000	376,000,000	367,000,000
weightedAverageShsOutDil	467,000,000	440,000,000	413,000,000	400,000,000	396,000,000	388,000,000	378,000,000	374,000,000	383,000,000	367,000,000
costAndExpenses	13,999,000,000	14,352,000,000	14,273,000,000	14,325,000,000	14,376,000,000	15,218,000,000	15,809,000,000	14,662,000,000	15,860,000,000	15,685,000,000
otherExpenses	4,144,000,000	4,206,000,000	4,230,000,000	4,449,000,000	4,587,000,000	4,960,000,000	5,559,000,000	5,567,000,000	5,827,000,000	5,428,000,000

Key Facts

Industry

Apparel Retail

Sector

Consumer Cyclical

Headquarters

San Francisco, CA, US

Website

gapinc.com

CEO

Mr. Richard Dickson

Employees

95000

About the Company

The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. As of December 31, 2021, the company had 2,835 company-operated stores and 564 franchise stores. It also provides its products through e-commerce sites. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.