Gap (GAP) Debt to Equity (2009 - 2026)

Gap's (GAP) quarterly Debt to Equity came in at $0.41 in Q2 2026, down 9.02% year-on-year from $0.45 in Q2 2025, and up 3.99% quarter-over-quarter from $0.39 in Q1 2026.

Gap (GAP) Debt to Equity (2009 - 2026) Analysis & Trends

Gap has disclosed Debt to Equity across 18 years of filings, most recently posting $0.41 for Q2 2026.

  • Debt to Equity for Q2 2026 came in at $0.41, down 9.02% year-over-year; the trailing twelve-month figure through May 2026 was $0.41 (down 9.02% YoY), and the FY2026 annual result was $0.39, down 14.01% from the prior year.
  • Debt to Equity came in at $0.41 for Q2 2026 at Gap, up from $0.39 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.67 in Q1 2023 to a low of $0.07 in Q3 2023.
  • The 5-year median for Debt to Equity is $0.44 (2025), against an average of $0.4.
  • Across the five-year window, Debt to Equity plunged 81.96% in 2022 and surged 674.36% in 2024, its largest moves.
  • Gap's Debt to Equity stood at $0.14 in 2022, then jumped by 344.33% to $0.6 in 2023, then slipped by 21.48% to $0.47 in 2024, then slipped by 13.92% to $0.41 in 2025, then dropped by 0.15% to $0.41 in 2026.
  • The last three Debt to Equity figures came in at $0.41 (Q2 2026), $0.39 (Q1 2026), and $0.41 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 0.28
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 0.25
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn 1.04
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn -
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 0.41
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn -
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn -
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 0.00
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn -
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn -

Historic Data

Download Data
DateValue
May 2, 2026 0.41
Jan 31, 2026 0.39
Nov 1, 2025 0.41
Aug 2, 2025 0.43
May 3, 2025 0.45
Feb 1, 2025 0.46
Nov 2, 2024 0.47
Aug 3, 2024 0.51
May 4, 2024 0.55
Feb 3, 2024 0.57
Oct 28, 2023 0.60
Jul 29, 2023 0.07
Apr 29, 2023 0.16
Jan 28, 2023 0.67
Oct 29, 2022 0.14
Jul 30, 2022 0.15
Apr 30, 2022 0.14
Jan 29, 2022 0.55
Oct 30, 2021 0.53
May 1, 2021 0.79