The Gap, Inc. (GAP)
Operating profit margin
| 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 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 962,000 | 775,000 | 560,000 | 316,000 | 252,000 | 118,000 | -69,000 | -31,000 | -64,000 | 373,000 | 810,000 | 936,000 | 958,000 | 622,000 | -862,000 | -1,241,000 | -1,195,000 | -986,000 | 574,000 | 1,191,000 |
| Revenue (ttm) | US$ in thousands | 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 | 16,383,000 | 16,332,000 |
| Operating profit margin | 6.34% | 5.17% | 3.76% | 2.13% | 1.67% | 0.77% | -0.44% | -0.19% | -0.41% | 2.31% | 4.86% | 5.65% | 5.76% | 3.97% | -6.25% | -8.83% | -8.50% | -6.67% | 3.50% | 7.29% |
August 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $962,000K ÷ $15,173,000K
= 6.34%
The operating profit margin of The Gap, Inc. has experienced fluctuations over the past several quarters. The company's operating profit margins ranged from negative values during some periods to positive values during others.
The trend shows improvement in the operating profit margin from negative levels in early 2023 to positive levels in mid-2023 through early 2024. There was a significant decline in the operating profit margin in late 2024 compared to the previous quarter, indicating a potential challenge in maintaining profitability.
Overall, the company has shown a gradual increase in its operating profit margin over the past few quarters, with some periods demonstrating more substantial growth compared to others. This suggests that The Gap, Inc. has been working on optimizing its operating efficiency and cost structure to enhance profitability but still faces volatility in its margins. Continued monitoring of the trend is advisable to assess the company's ongoing financial performance.
Peer comparison
Aug 3, 2024