The Gap, Inc. (GAP)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 560,000 | -69,000 | 810,000 | -862,000 | 574,000 |
| Revenue | US$ in thousands | 14,889,000 | 15,616,000 | 16,670,000 | 13,800,000 | 16,383,000 |
| Operating profit margin | 3.76% | -0.44% | 4.86% | -6.25% | 3.50% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $560,000K ÷ $14,889,000K
= 3.76%
The operating profit margin of The Gap, Inc. has displayed variability over the past five years. In the most recent fiscal year ending February 3, 2024, the operating profit margin stood at 3.76%, indicating that the company generated $0.0376 in operating profit for every dollar of sales. This performance shows an improvement compared to the previous year, which saw a negative operating profit margin of -0.44%, suggesting that the company operated at a loss when considering only operating expenses.
The highest operating profit margin in the provided data was recorded on January 29, 2022, at 4.86%, reflecting a relatively strong operational efficiency and profitability during that period. However, in the fiscal year ending January 30, 2021, The Gap, Inc. experienced a significant decline in its operating profit margin, falling to -6.25%. This negative figure indicates that the company's operating expenses exceeded its operating profit, leading to a loss from core operations.
On February 1, 2020, The Gap, Inc. managed to achieve a positive operating profit margin of 3.50%, demonstrating a return to profitability after the previous year's loss. In summary, the operating profit margin of The Gap, Inc. has shown fluctuations over the past five years, with a mix of positive and negative margins, indicating varying levels of operational efficiency and profitability in different fiscal periods.
Peer comparison
Feb 3, 2024