Companies: 10,795·Total market cap: $144.5T
The Gap, Inc.

The Gap, Inc.

GAPNYSEConsumer Cyclical● Active
$21.46
$-0.10(-0.44%)
Market Cap$7.7B
P/E Ratio—
52W High$29.36
52W Low$18.68
Free Cash FlowFinancialsRevenue

The Gap, Inc. (GAP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GAP · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $823.0M for FY2026 (fiscal year ending 2026-01-31), down 20.8% year-over-year The FCF margin was 5.4%.

FY2026 Free Cash Flow$823.0M▼ -20.8% YoY
Trailing 12M (TTM)$1.28Btrailing 4 quarters sum
FCF Margin5.4%$823.0M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
gap free cash flow history · gap free cash flow chart · gap free cash flow growth rate · gap free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2026Latest$823.0M▼ 20.8%5.4%
FY2025$1.04B▼ 6.6%6.9%
FY2024$1.11B▲ +1525.6%7.5%
FY2023−$78.0M▼ 167.8%-0.5%
FY2022$115.0M▲ +174.2%0.7%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
gap free cash flow 2026 · gap free cash flow 2025 · gap free cash flow 2024 · gap operating cash flow

FCF valuation metrics

The Gap, Inc. (GAP) trades at a FCF yield of 16.71% and a price-to-free-cash-flow ratio of 6.3x. FCF per share stands at $3.42, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
16.71%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$3.42
TTM FCF ÷ Shares Outstanding
Price / FCF
x6.3
Share Price ÷ FCF per Share
EV / FCF (TTM)
x8.7
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31
gap price to free cash flow · gap free cash flow yield · gap free cash flow per share · gap price to cash flow ratio

Cash flow statement summary

For FY2026, The Gap, Inc. generated $1.29B in operating cash flow and spent 470M in capital expenditures, yielding $823.0M in free cash flow.

Operating Activities
+$1.29B
Cash from core business operations
2026-01-31
Investing Activities
−$600.0M
CapEx, acquisitions & investments
2026-01-31
Financing Activities
−$419.0M
Buybacks, dividends & debt
2026-01-31
FCF FormulaOperating CF ($1.29B) − |CapEx| (470M) = FCF ($823.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
gap cash flow statement · gap cash flow statement 2026 · gap operating cash flow · gap cash flow from operations

Free cash flow vs peers (Consumer Cyclical)

#CompanyFree Cash FlowYoY
#1
The Gap, Inc.
The Gap, Inc.YOU
GAP
$823.0M-20.8%
#2
Toyota Motor Corporation
Toyota Motor Corporation
TM
$592.05B+137.9%#3
The Home Depot, Inc.
The Home Depot, Inc.
HD
$12.65B-22.5%#4
Amazon.com, Inc.
Amazon.com, Inc.
AMZN
$7.70B-76.6%#5
Tesla, Inc.
Tesla, Inc.
TSLA
$6.22B+73.7%#6
Alibaba Group Holding Limited
Alibaba Group Holding Limited
BABA
−$50.72B-164.9%
Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Gap, Inc. (GAP) reported free cash flow of $823.0M for FY2026 (fiscal year ending 2026-01-31), down 20.8% year-over-year. The FCF margin was 5.4%.

Based on available data, The Gap, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $1.42B in FY2015.

The Gap, Inc.'s FCF yield is 16.71% and price-to-FCF ratio is 6.3x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

GAP free cash flow · 8 questions

The Gap, Inc. free cash flow was $823.0M for FY2026, down 20.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.28B.

GAP free cash flowGAP FCFGAP FCF 2026GAP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Gap, Inc. · The Gap, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026