The Gap, Inc. (GPS) FCF Payout Ratio: 17.53%
Is The Gap, Inc.’s FCF payout ratio high or low?
The Gap, Inc.'s FCF payout ratio of 17.53% is 74% below its 5-year average of 67.04%, near the low end of its 5-year range (19.96%–196.52%).
The FCF payout ratio for The Gap, Inc. (GPS) is 17.53%. It is below its 12-month average by 32.14% (25.83%).
GPS FCF Payout Ratio Chart
GPS Average FCF Payout Ratio Chart
GPS Current vs Average FCF Payout Ratio Chart
GPS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
17.53%
FCF PAYOUT RATIO AVG TTM
25.83%
FCF PAYOUT RATIO AVG 3Y
23.88%
FCF PAYOUT RATIO AVG 5Y
67.04%
FCF PAYOUT RATIO AVG 10Y
63.64%
FCF PAYOUT RATIO AVG 15Y
50.65%
FCF PAYOUT RATIO AVG 20Y
43.12%
CURRENT VS TTM AVG
-32.14%
CURRENT VS 3Y AVG
-26.58%
CURRENT VS 5Y AVG
-73.85%
CURRENT VS 10Y AVG
-72.45%
CURRENT VS 15Y AVG
-65.39%
CURRENT VS 20Y AVG
-59.35%
Payout Ratio Comparison
FCF Payout Ratio
17.5%
Earnings Payout Ratio
27.4%
Dividend Yield
2.98%
FCF Yield
15.29%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $823.00M | $247.00M | 30.0% |
| 2025 | $1.04B | $225.00M | 21.7% |
| 2024 | $1.11B | $222.00M | 20.0% |
| 2023 | ($78.00M) | $220.00M | N/A (Loss) |
| 2022 | $115.00M | $226.00M | 196.5% |
| 2021 | ($155.00M) | $0 | N/A (Loss) |
| 2020 | $366.00M | $364.00M | 99.5% |
| 2019 | $676.00M | $373.00M | 55.2% |
| 2018 | $649.00M | $361.00M | 55.6% |
| 2017 | $1.20B | $367.00M | 30.7% |
| 2016 | $868.00M | $377.00M | 43.4% |
| 2015 | $1.42B | $383.00M | 27.1% |
| 2014 | $1.03B | $321.00M | 31.0% |
| 2013 | $1.28B | $240.00M | 18.8% |
| 2012 | $815.00M | $236.00M | 29.0% |
| 2011 | $1.19B | $252.00M | 21.2% |
| 2010 | $1.59B | $234.00M | 14.7% |
| 2009 | $981.00M | $243.00M | 24.8% |
| 2008 | $1.40B | $252.00M | 18.0% |
| 2007 | $678.00M | $265.00M | 39.1% |
| 2006 | $951.00M | $179.00M | 18.8% |
| 2005 | $1.18B | $79.00M | 6.7% |
| 2004 | $1.90B | $79.00M | 4.2% |
| 2003 | $935.07M | $78.00M | 8.3% |
| 2002 | $377.76M | $76.37M | 20.2% |
| 2001 | ($567.46M) | $75.49M | N/A (Loss) |
| 2000 | $239.20M | $75.80M | 31.7% |
| 1999 | $596.60M | $76.90M | 12.9% |
| 1998 | $359.10M | $79.50M | 22.1% |
| 1997 | $463.20M | $83.90M | 18.1% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
The Gap, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Gap, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for The Gap, Inc. (GPS)?
- The FCF payout ratio for GPS stock is 17.53%.
- Is The Gap, Inc.'s FCF payout ratio high or low?
- The Gap, Inc.'s FCF payout ratio of 17.53% is 74% below its 5-year average of 67.04%, near the low end of its 5-year range (19.96%–196.52%).
- What is the TTM average FCF payout ratio for The Gap, Inc. (GPS)?
- The TTM average FCF payout ratio for GPS stock is 25.83%.
- What is the 3Y average FCF payout ratio for The Gap, Inc. (GPS)?
- The 3Y average FCF payout ratio for GPS stock is 23.88%.
- What is the 5Y average FCF payout ratio for The Gap, Inc. (GPS)?
- The 5Y average FCF payout ratio for GPS stock is 67.04%.
- What is the 10Y average FCF payout ratio for The Gap, Inc. (GPS)?
- The 10Y average FCF payout ratio for GPS stock is 63.64%.
- What is the 15Y average FCF payout ratio for The Gap, Inc. (GPS)?
- The 15Y average FCF payout ratio for GPS stock is 50.65%.
- What is the 20Y average FCF payout ratio for The Gap, Inc. (GPS)?
- The 20Y average FCF payout ratio for GPS stock is 43.12%.
The Gap, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-01-31 | 30.01% |
| 2025-02-01 | 21.66% |
| 2024-02-03 | 19.96% |
| 2022-01-29 | 196.52% |
| 2020-02-01 | 99.45% |
| 2019-02-02 | 55.18% |
| 2018-02-03 | 55.62% |
| 2017-01-28 | 30.71% |
| 2016-01-30 | 43.43% |
| 2015-01-31 | 27.07% |
| 2014-02-01 | 31.01% |
| 2013-02-02 | 18.79% |
| 2012-01-28 | 28.96% |
| 2011-01-29 | 21.23% |
| 2010-01-30 | 14.68% |
| 2009-01-31 | 24.77% |
| 2008-02-02 | 18.01% |
| 2007-02-03 | 39.09% |
| 2006-01-28 | 18.82% |
| 2005-01-29 | 6.71% |
| 2004-01-31 | 4.16% |
| 2003-02-01 | 8.34% |
| 2002-02-02 | 20.22% |
| 2000-01-29 | 31.69% |
| 1999-01-30 | 12.89% |
| 1998-01-31 | 22.14% |
| 1997-02-01 | 18.11% |
About The Gap, Inc.
The Gap, Inc. functions as a prominent global apparel and accessories retailer. The company provides a diverse array of clothing, accessories, and personal care products tailored for men, women, and children, primarily under its renowned brands: Old Navy, Gap, Banana Republic, and Athleta. Its extensive product range encompasses essential items like denim, t-shirts, fleece wear, and khakis, along with accessories such as eyewear, jewelry, footwear, handbags, and fragrances. Athleta specifically focuses on women and girls, offering fitness and lifestyle products suitable for activities from yoga and sports to travel and everyday use. The company engages with its customer base through a multifaceted distribution network, which includes its own company-operated retail stores, independently owned franchise locations, various digital e-commerce platforms, collaborations with third-party vendors, and traditional catalog sales. To expand its international presence, The Gap, Inc. has forged franchise agreements, empowering unaffiliated partners to manage Old Navy, Gap, Athleta, and Banana Republic stores and online platforms throughout Asia, Europe, Latin America, the Middle East, and Africa. As of December 31, 2021, the company's physical retail footprint consisted of 2,835 company-owned stores and an additional 564 franchised outlets. Established in 1969, The Gap, Inc. maintains its corporate headquarters in San Francisco, California.
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- CEO
- Richard Dickson