Gap (GAP) Asset Writedowns and Impairment (2016 - 2024)

Gap (GAP) reported Asset Writedowns and Impairment of $1.0 million for Q1 2024, down 50.0% on a YoY basis from $2.0 million in Q1 2023, and little changed sequentially from $1.0 million in Q3 2023.

Gap (GAP) Asset Writedowns and Impairment (2016 - 2024) Analysis & Trends

Gap (GAP) has 8 years of Asset Writedowns and Impairment data on file, last reported at $1.0 million in Q1 2024.

  • For the quarter ending Q1 2024, Asset Writedowns and Impairment fell 50.0% year-over-year to $1.0 million; the trailing twelve-month figure through Feb 2024 stood at $3.0 million (down 83.33% YoY), and the FY2025 full-year result was $1.0 million, down 66.67% from the prior year.
  • Asset Writedowns and Impairment held at $1.0 million in Q1 2024, from $1.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $360.0 million in Q2 2020 to a low of -$226.0 million in Q1 2021.
  • A 5-year average of $14.7 million and a median of $1.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment plunged 22500.0% in 2021 and surged 103.1% in 2022, its largest moves.
  • Tracing GAP's Asset Writedowns and Impairment over 5 years: stood at $360.0 million in 2020, then sank by 99.72% to $1.0 million in 2021, then soared by 1200.0% to $13.0 million in 2022, then sank by 92.31% to $1.0 million in 2023, then changed by 0.0% to $1.0 million in 2024.
  • Business Quant data shows GAP's Asset Writedowns and Impairment at $1.0 million in Q1 2024, $1.0 million in Q3 2023, and $1.0 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn

Historic Data

Download Data
DateValue
Feb 3, 2024 1.00 Mn
Feb 3, 2024 1.00 Mn
Jul 29, 2023 1.00 Mn
Jul 29, 2023 1.00 Mn
Apr 29, 2023 1.00 Mn
Apr 29, 2023 1.00 Mn
Jan 28, 2023 2.00 Mn
Jan 28, 2023 2.00 Mn
Oct 29, 2022 13.00 Mn
Oct 29, 2022 13.00 Mn
Apr 30, 2022 3.00 Mn
Apr 30, 2022 3.00 Mn
Jan 29, 2022 7.00 Mn
Jan 29, 2022 7.00 Mn
Jul 31, 2021 1.00 Mn
Jul 31, 2021 1.00 Mn
Jan 30, 2021 -226.00 Mn
Jan 30, 2021 -226.00 Mn
May 2, 2020 360.00 Mn
May 2, 2020 360.00 Mn