The Gap, Inc. (GAP)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 844,000 | 823,000 | 767,000 | 678,000 | 502,000 | 44,000 | 108,000 | -58,000 | -202,000 | 55,000 | -379,000 | -72,000 | 256,000 | 506,000 | 753,000 | 433,000 | -665,000 | -1,083,000 | -1,038,000 | -808,000 |
| Total assets | US$ in thousands | 11,885,000 | 11,853,000 | 11,509,000 | 10,908,000 | 11,044,000 | 11,052,000 | 10,850,000 | 10,932,000 | 11,386,000 | 12,000,000 | 12,171,000 | 12,257,000 | 12,761,000 | 12,780,000 | 13,759,000 | 13,604,000 | 13,769,000 | 14,373,000 | 13,716,000 | 12,710,000 |
| ROA | 7.10% | 6.94% | 6.66% | 6.22% | 4.55% | 0.40% | 1.00% | -0.53% | -1.77% | 0.46% | -3.11% | -0.59% | 2.01% | 3.96% | 5.47% | 3.18% | -4.83% | -7.53% | -7.57% | -6.36% |
February 1, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $844,000K ÷ $11,885,000K
= 7.10%
The return on assets (ROA) for The Gap, Inc. has fluctuated over the period displayed. Starting at negative levels in 2020, the company improved its ROA significantly by May 2021, when it reached 3.18%, and continued to increase over the subsequent quarters, reaching a peak of 7.10% by February 2025. This positive trend indicates that the company is efficiently utilizing its assets to generate profits. However, it is worth noting that there were periods of negative ROA, indicating inefficiencies in asset utilization during those times. Overall, the increasing trend in ROA from 2021 to 2025 suggests improved financial performance and profitability for The Gap, Inc.
Peer comparison
Feb 1, 2025