The Gap, Inc. (GAP)

Gross profit margin

Feb 1, 2025 Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021
Gross profit US$ in thousands 6,227,000 5,775,000 5,359,000 6,637,000 4,705,000
Revenue US$ in thousands 15,086,000 14,889,000 15,616,000 16,670,000 13,800,000
Gross profit margin 41.28% 38.79% 34.32% 39.81% 34.09%

February 1, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $6,227,000K ÷ $15,086,000K
= 41.28%

The gross profit margin of The Gap, Inc. has displayed fluctuations over the past five years. Starting at 34.09% on January 30, 2021, it increased to 39.81% by January 29, 2022, showing a positive trend. However, there was a slight decline to 34.32% by January 28, 2023. Subsequently, the gross profit margin improved to 38.79% on February 3, 2024, and further increased to 41.28% by February 1, 2025, indicating a favorable trajectory in recent years. Overall, the company's gross profit margin has shown variability but has generally been on an upward trend, reflective of potential improvements in its cost structure and pricing strategies.