The Gap, Inc. (GAP) FCF Payout Ratio: 19.57%
Is The Gap, Inc.’s FCF payout ratio high or low?
The Gap, Inc.'s FCF payout ratio of 19.57% is 71% 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. (GAP) is 19.57%. It is below its 12-month average by 24.25% (25.83%).
GAP FCF Payout Ratio Chart
GAP Average FCF Payout Ratio Chart
GAP Current vs Average FCF Payout Ratio Chart
GAP FCF Payout Ratio Metrics
FCF PAYOUT RATIO
19.57%
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
61.39%
FCF PAYOUT RATIO AVG 15Y
48.54%
FCF PAYOUT RATIO AVG 20Y
41.34%
CURRENT VS TTM AVG
-24.25%
CURRENT VS 3Y AVG
-18.04%
CURRENT VS 5Y AVG
-70.81%
CURRENT VS 10Y AVG
-68.12%
CURRENT VS 15Y AVG
-59.69%
CURRENT VS 20Y AVG
-52.66%
Payout Ratio Comparison
FCF Payout Ratio
19.6%
Earnings Payout Ratio
30.7%
Dividend Yield
3.14%
FCF Yield
15.82%
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 | $1.59B | $243.00M | 15.2% |
| 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. (GAP)?
- The FCF payout ratio for GAP stock is 19.57%.
- Is The Gap, Inc.'s FCF payout ratio high or low?
- The Gap, Inc.'s FCF payout ratio of 19.57% is 71% 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. (GAP)?
- The TTM average FCF payout ratio for GAP stock is 25.83%.
- What is the 3Y average FCF payout ratio for The Gap, Inc. (GAP)?
- The 3Y average FCF payout ratio for GAP stock is 23.88%.
- What is the 5Y average FCF payout ratio for The Gap, Inc. (GAP)?
- The 5Y average FCF payout ratio for GAP stock is 67.04%.
- What is the 10Y average FCF payout ratio for The Gap, Inc. (GAP)?
- The 10Y average FCF payout ratio for GAP stock is 61.39%.
- What is the 15Y average FCF payout ratio for The Gap, Inc. (GAP)?
- The 15Y average FCF payout ratio for GAP stock is 48.54%.
- What is the 20Y average FCF payout ratio for The Gap, Inc. (GAP)?
- The 20Y average FCF payout ratio for GAP stock is 41.34%.
The Gap, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-01-31 | 30.01% |
| 2025-01-31 | 21.66% |
| 2024-01-31 | 19.96% |
| 2022-01-31 | 196.52% |
| 2020-01-31 | 99.45% |
| 2019-01-31 | 55.18% |
| 2018-01-31 | 55.62% |
| 2017-01-31 | 30.71% |
| 2016-01-31 | 43.43% |
| 2015-01-31 | 27.07% |
| 2014-01-31 | 31.01% |
| 2013-01-31 | 18.79% |
| 2012-01-31 | 28.96% |
| 2011-01-31 | 21.23% |
| 2010-01-31 | 14.68% |
| 2009-01-31 | 15.24% |
| 2008-01-31 | 18.01% |
| 2007-01-31 | 39.09% |
| 2006-01-31 | 18.82% |
| 2005-01-31 | 6.71% |
| 2004-01-31 | 4.16% |
| 2003-01-31 | 8.34% |
| 2002-01-31 | 20.22% |
| 2000-01-31 | 31.69% |
| 1999-01-31 | 12.89% |
| 1998-01-31 | 22.14% |
| 1997-01-31 | 18.11% |
About The Gap, Inc.
The Gap, Inc. operates as a prominent apparel retail enterprise, offering a diverse array of clothing, accessories, and personal care products for men, women, and children. These goods are marketed under its well-known brands: Old Navy, Gap, Banana Republic, and Athleta. Its extensive product line features staples such as denim, t-shirts, fleece wear, and khakis, alongside accessories like eyewear, jewelry, footwear, handbags, and fragrances. Athleta specifically caters to women and girls with fitness and lifestyle products designed for activities including yoga, training, sports, travel, and everyday wear. The company distributes its products through various sales channels, including its own company-operated stores, franchised locations, e-commerce websites, third-party collaborations, and catalogs. Furthermore, The Gap, Inc. has established franchise partnerships with independent operators, enabling the operation of Old Navy, Gap, Athleta, and Banana Republic stores and online platforms across Asia, Europe, Latin America, the Middle East, and Africa. As of December 31, 2021, the company's retail footprint comprised 2,835 corporate-owned stores and an additional 564 franchised outlets. Incorporated in 1969, The Gap, Inc. maintains its corporate headquarters in San Francisco, California.
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- CEO
- Richard Dickson