The Gap, Inc. (GAP)
Gross profit margin
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,227,000 | 6,287,000 | 6,208,000 | 5,958,000 | 5,775,000 | 5,527,000 | 5,480,000 | 5,477,000 | 5,359,000 | 5,458,000 | 5,610,000 | 6,103,000 | 6,637,000 | 6,782,000 | 6,741,000 | 6,067,000 | 4,705,000 | 4,711,000 | 4,650,000 | 5,057,000 |
| Revenue (ttm) | US$ in thousands | 15,086,000 | 15,235,000 | 15,173,000 | 15,001,000 | 14,889,000 | 14,834,000 | 15,106,000 | 15,415,000 | 15,616,000 | 15,898,000 | 15,802,000 | 16,156,000 | 16,670,000 | 16,569,000 | 16,620,000 | 15,684,000 | 13,800,000 | 14,050,000 | 14,054,000 | 14,784,000 |
| Gross profit margin | 41.28% | 41.27% | 40.91% | 39.72% | 38.79% | 37.26% | 36.28% | 35.53% | 34.32% | 34.33% | 35.50% | 37.78% | 39.81% | 40.93% | 40.56% | 38.68% | 34.09% | 33.53% | 33.09% | 34.21% |
February 1, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,227,000K ÷ $15,086,000K
= 41.28%
The gross profit margin of The Gap, Inc. has shown fluctuations over the periods mentioned. The trend indicates an overall increase in the gross profit margin from May 2, 2020, through February 1, 2025, with occasional minor declines.
Specifically, there was a slight decrease from May 2, 2020 (34.21%) to August 1, 2020 (33.09%), followed by a moderate increase to October 31, 2020 (33.53%). Subsequently, the gross profit margin experienced a steady rise, reaching a peak of 41.28% on February 1, 2025.
The most significant improvements in the gross profit margin occurred between May 1, 2021 (38.68%) and November 2, 2024 (41.27%), showcasing a consistent enhancement in profitability during this period.
It is essential to note that gross profit margin is a key indicator of a company's efficiency in managing its production costs and pricing strategies. The increasing trend observed in The Gap, Inc.'s gross profit margin reflects a positive performance in generating profits from its core business operations.
Peer comparison
Feb 1, 2025