Gap (GPS) stock price, revenue, and financials

Gap market cap is $12.1 b, and annual revenue was $13.8 b in FY 2020

-0.7(-2.17%)

$12.1 B

GPS Mkt cap, 11-Jun-2021

Gap Revenue Q1, 2021

Gap Gross profit (Q1, 2021)1.6 B

Gap Gross profit margin (Q1, 2021), %40.8%

Gap Net income (Q1, 2021)166 M

Gap EBIT (Q1, 2021)240 M

Gap Cash, 01-May-20212.1 B

Gap EV18 B

Gap revenue was $13.8 b in FY, 2020 which is a 15.8% year over year decrease from the previous period.

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Gap revenue breakdown by business segment: 10.6% from Banana Republic Global, 54.6% from Old Navy Global, 24.6% from Gap Global and 10.2% from Other

Gap revenue breakdown by geographic segment: 5.1% from Asia , 7.0% from Canada , 84.4% from United States and 3.4% from Other

USD	FY, 2018	FY, 2019	FY, 2020
Revenue	16.6b	16.4b	13.8b
Revenue growth, %	5%	(1%)	(16%)
Cost of goods sold	10.3b	10.3b	9.1b
Gross profit	6.3b	6.1b	4.7b
Gross profit Margin, %	38%	37%	34%
Operating expense total	5.0b	5.6b	5.6b
EBIT	1.4b	574.0m	(862.0m)
EBIT margin, %	8%	4%	(6%)
Interest expense	73.0m	76.0m	192.0m
Interest income	33.0m	30.0m	10.0m
Pre tax profit	1.3b	528.0m	(1.1b)
Income tax expense	319.0m	177.0m	(437.0m)
Net Income	1.0b	351.0m	(665.0m)
EPS	2.6	0.9	(1.8)

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2021	Q2, 2020	Q3, 2020	Q1, 2021
Revenue	3.7b	4.0b	4.0b	2.1b	3.3b	4.0b	4.0b
Cost of goods sold	2.4b	2.4b	2.4b	1.8b	2.1b	2.4b	2.4b
Gross profit	1.3b	1.6b	1.6b	268.0m	1.1b	1.6b	1.6b
Gross profit Margin, %	36%	39%	39%	13%	35%	41%	41%
Operating expense total	1.0b	1.3b	1.3b	1.5b	1.1b	1.4b	1.4b
EBIT	316.0m	282.0m	221.0m	(1.2b)	73.0m	175.0m	240.0m
EBIT margin, %	9%	7%	6%	(59%)	2%	4%	6%
Interest expense	20.0m	19.0m	19.0m	19.0m	58.0m	55.0m	54.0m
Interest income	6.0m	8.0m	7.0m	4.0m	2.0m	1.0m	1.0m
Pre tax profit	302.0m	271.0m	209.0m	(1.3b)	(41.0m)	121.0m	187.0m
Income tax expense	75.0m	103.0m	69.0m	(327.0m)	21.0m	26.0m	21.0m
Net Income	227.0m	168.0m	140.0m	(932.0m)	(62.0m)	95.0m	166.0m
EPS	0.6	0.4	0.4	(2.5)	(0.2)	0.3	0.4

USD	FY, 2018	FY, 2019	FY, 2021
Cash	1.1b	1.4b	2.0b
Inventories	2.1b	2.2b	2.5b
Current Assets	4.3b	4.5b	6.0b
PP&E	2.9b	3.1b	2.8b
Total Assets	8.0b	13.7b	13.8b
Accounts Payable	1.1b	1.2b	1.7b
Short-term debt		920.0m	831.0m
Current Liabilities	2.2b	3.2b	3.9b
Long-term debt	2.3b	6.8b	6.8b
Total Debt	2.3b	7.7b	7.7b
Common Stock	19.0m	19.0m	19.0m
Additional Paid-in Capital			85.0m
Retained Earnings	3.5b	3.3b	2.5b
Total Equity	3.6b	3.3b	2.6b
Debt to Equity Ratio	0.7 x	2.3 x	2.9 x
Debt to Assets Ratio	0.3 x	0.6 x	0.6 x
Financial Leverage	2.3 x	4.1 x	5.3 x

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021
Cash	941.0m	1.2b	788.0m	1.0b	2.2b	2.5b	2.1b
Inventories	2.2b	2.3b	2.7b	2.2b	2.2b	2.7b	2.4b
Current Assets	4.2b	4.6b	4.6b	4.2b	5.3b	6.4b	6.0b
PP&E	3.1b	3.1b	3.2b	2.9b	2.9b	2.8b	2.8b
Total Assets	13.6b	14.0b	14.1b	12.7b	13.7b	14.4b	13.6b
Accounts Payable	994.0m	1.2b	1.2b	971.0m	1.6b	2.3b	1.5b
Short-term debt	929.0m	946.0m	934.0m	1.5b	856.0m	823.0m	798.0m
Current Liabilities	2.8b	3.1b	3.2b	3.4b	3.6b	4.4b	3.6b
Long-term debt	6.8b	7.3b	7.3b	7.0b	7.8b	7.6b	7.2b
Total Debt	7.8b	8.2b	8.2b	8.4b	8.7b	8.4b	8.0b
Common Stock	19.0m	19.0m	19.0m	19.0m	19.0m	19.0m	19.0m
Additional Paid-in Capital				17.0m	39.0m	60.0m	118.0m
Retained Earnings	3.5b	3.6b	3.6b	2.2b	2.2b	2.3b	2.7b
Total Equity	3.6b	3.6b	3.6b	2.3b	2.3b	2.4b	2.8b
Debt to Equity Ratio	2.2 x	2.3 x	2.3 x	3.6 x	3.8 x	3.5 x	2.8 x
Debt to Assets Ratio	0.6 x	0.6 x	0.6 x	0.7 x	0.6 x	0.6 x	0.6 x
Financial Leverage	3.8 x	3.9 x	3.9 x	5.5 x	6.1 x	6.1 x	4.8 x

USD	FY, 2018	FY, 2019	FY, 2020
Net Income	1.0b	351.0m	(665.0m)
Depreciation and Amortization	578.0m	557.0m	507.0m
Inventories	(154.0m)	4.0m	(305.0m)
Accounts Payable	(78.0m)	66.0m	564.0m
Cash From Operating Activities	1.4b	1.4b	237.0m
Purchases of PP&E	(705.0m)	(702.0m)	(392.0m)
Cash From Investing Activities	(1.0b)	(894.0m)	(510.0m)
Long-term Borrowings			(1.8b)
Dividends Paid	(373.0m)	(364.0m)
Cash From Financing Activities	(749.0m)	(560.0m)	895.0m
Net Change in Cash	(379.0m)	(39.0m)	635.0m
Interest Paid	76.0m	76.0m	145.0m
Income Taxes Paid	143.0m	176.0m	20.0m

USD	Q1, 2019	Q2, 2020	Q3, 2020	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021
Net Income	227.0m	395.0m	535.0m	(932.0m)	(994.0m)	(899.0m)	166.0m
Depreciation and Amortization	138.0m	277.0m	417.0m	130.0m	256.0m	381.0m	120.0m
Inventories	83.0m	166.0m	559.0m	79.0m	91.0m	590.0m	69.0m
Accounts Payable	(100.0m)	147.0m	129.0m	(203.0m)	467.0m	1.1b	(205.0m)
Cash From Operating Activities	29.0m	583.0m	528.0m	(940.0m)	(87.0m)	399.0m	340.0m
Purchases of PP&E	(165.0m)	(324.0m)	(523.0m)	(122.0m)	(208.0m)	(288.0m)	(124.0m)
Cash From Investing Activities	(340.0m)	(520.0m)	(719.0m)	116.0m	60.0m	(175.0m)	(161.0m)
Long-term Borrowings					(1.8b)	(1.8b)
Dividends Paid	(92.0m)	(183.0m)	(274.0m)				(91.0m)
Cash From Financing Activities	(151.0m)	(286.0m)	(423.0m)	499.0m	886.0m	890.0m	(98.0m)
Net Change in Cash	(462.0m)	(225.0m)	(614.0m)	(333.0m)	860.0m	1.1b	80.0m
Interest Paid	38.0m	38.0m	75.0m	38.0m	39.0m	41.0m	2.0m
Income Taxes Paid	301.0m	90.0m	117.0m	37.0m	53.0m	8.0m	20.0m

Gap's Stores was reported to be 3 k in Q1, 2021.

	FY, 2018	Q1, 2019	Q2, 2019	Q3, 2019	FY, 2019	Q1, 2020	Q2, 2020	Q3, 2020	FY, 2020	Q1, 2021
Stores	3.19 k	3.34 k	3.36 k	3.4 k	3.35 k	3.31 k	3.22 k	3.18 k	3.1 k	3 k
Stores (Franchising)	472	514	472	542	574	598	599	607	615	574
Store Space, sq. ft.	36.7 m				37 m				34.6 m
Stores (Athleta)	161	165	171	185	190	191	196	198	199	202
Stores (Banana)	601	600	601	601	589	585	545	537	518	517
Stores (Gap)	1.24 k	1.23 k	1.23 k	1.22 k	1.17 k	1.16 k	1.1 k	1.06 k	1.01 k	1.01 k
Stores (Intermix)	36	36	35	35	33	33	32	32	31	31
Stores (Janie and Jack)		140	140	139	139	138	131	130	119
Stores (Old Navy)	1.15 k	1.16 k	1.18 k	1.22 k	1.22 k	1.21 k	1.21 k	1.23 k	1.22 k	1.24 k
Trademarks	11				11				12
Vendors	700				800				800

	Y, 2019	Y, 2018
Male (VPs and Above), percent	7%	7.7%
Female (VPs and Above), percent	9.7%	9%
Male (Senior Managers), percent	7%	6.8%
Female (Senior Managers), percent	9.7%	9.8%
Male (Senior Director), percent	6.3%	6.3%
Female (Senior Director), percent	10.3%	10.3%
Female (Management), percent	12%	11.7%
Female (New Hires), percent	12.5%	12.3%
Female, percent	12.7%	12.7%
Other	12.8%	13.3%