The Gap, Inc. (GAP)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 502,000 | -202,000 | 256,000 | -665,000 | 351,000 |
| Revenue | US$ in thousands | 14,889,000 | 15,616,000 | 16,670,000 | 13,800,000 | 16,383,000 |
| Net profit margin | 3.37% | -1.29% | 1.54% | -4.82% | 2.14% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $502,000K ÷ $14,889,000K
= 3.37%
The net profit margin of The Gap, Inc. has shown fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the company's net profit margin stood at 3.37%, representing the percentage of each dollar of revenue that translates into profit after all expenses are deducted.
The negative net profit margin recorded in the fiscal year ending on January 28, 2023, indicates that The Gap, Inc. experienced a loss during that period. However, in the fiscal years ending on January 29, 2022, and February 1, 2020, the company managed to achieve positive net profit margins of 1.54% and 2.14%, respectively.
Notably, in the fiscal year ending on January 30, 2021, The Gap, Inc. had a significantly lower net profit margin of -4.82%, indicating that the company faced challenges that resulted in a substantial loss compared to its revenue during that period.
Overall, the trend in The Gap, Inc.'s net profit margin suggests variability in profitability over the past five years, with the company experiencing both positive and negative margins. Further analysis of the factors influencing these fluctuations would provide insight into the company's financial performance and future prospects.
Peer comparison
Feb 3, 2024