GAP Gap margins

Relative Growth: Rel. Growth: 40

Relative Strength: Rel. Strength: 58

Relative Valuation: Rel. Valuation: 97

Relative Profitability: Rel. Profitability: 77

Gross margin

43.3%

Operating margin

11%

EBITDA margin

15.1%

Net margin

8.1%

At present, Gap reports a gross margin of 43.3%, an operating margin of 11%, an EBITDA margin of 15.1%, and a net margin of 8.1%. Each available margin increased from the same period last year. EBITDA margin recorded the strongest gain, rising by 3.4 percentage points.

GAP margin history

Gross, operating, EBITDA and net margin trends

Gap's margins averaged 40.62% gross, 6.78% operating, 10.8% EBITDA, and 5.1% net during the last 3 years. Currently all four current margins are above their three-year averages.

GAP margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by EBITDA margin with an increase of 3.4 percentage points.

Gross margin expansion

2.2pp

Operating margin expansion

3.3pp

EBITDA margin expansion

3.4pp

Net margin expansion

2.2pp

GAP Gross margin

Across the last 3 years, Gap's gross margin came to 40.62%. Gap's current gross margin is 43.3% and is 2.7 percentage points above its three-year average. Gross margin was highest at 43.3% in Aug 2026 and lowest at 37.3% in Oct 2023.

GAP Operating margin

Across the last 3 years, Gap's operating margin averaged 6.78%. The current operating margin stands at 11%, 4.2 percentage points above its three-year average. Operating margin was highest at 11% in Aug 2026 and lowest at 2.1% in Oct 2023.

GAP EBITDA margin

Over the last 3 years, Gap's EBITDA margin averaged 10.8%. The current EBITDA margin of 15.1% is 4.3 percentage points above its three-year average. During this period, EBITDA margin reached a high of 15.1% in Aug 2026 and a low of 6.2% in Oct 2023.

GAP Net margin

Gap recorded an average net margin of 5.1% across the last 3 years. Gap currently reports a net margin of 8.1%, 3 percentage points above its three-year average. Looking back over the last 3 years, Gap's net margin reached 8.1% at its highest point in Aug 2026 and 0.3% at its lowest in Oct 2023.

GAP margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 43.3%, GAP stands higher than the Consumer Cyclical sector average but lower than the industry and its peers average. Looking at the Consumer Cyclical sector average of 36.3%, Gap's gross margin is 19% higher.

GAP margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Gap's gross margin?

As of Aug 1, 2026, GAP has a gross margin of 43.3%.

What is Gap's operating margin?

The current operating margin for GAP is 11% as of Aug 1, 2026.

What is Gap's EBITDA margin?

For the period ending Aug 1, 2026, GAP recorded an EBITDA margin of 15.1%.

What is Gap's net margin?

The current net margin for GAP is 8.1% as of Aug 1, 2026.

What are the average margins of GAP?

Gap's gross, operating, EBITDA, and net margins averaged 40.6% gross, 6.8% operating, 10.8% EBITDA, and 5.1% net over the last 3 years.

What are the highest historical margins of GAP?

Over this 5-year history, GAP peaked at 43.3% gross in Aug 2026, 11% operating in Aug 2026, 15.1% EBITDA in Aug 2026, and 8.1% net in Aug 2026.

What are the lowest historical margins of GAP?

Across the 5-year period, GAP posted its lowest margins at 34.3% gross in Oct 2022, -0.4% operating in Jul 2022, 0.9% EBITDA in Jul 2022, and -2.4% net in Jul 2022.