Gap (GAP) Operating Leases (2019 - 2026)
Gap's Operating Leases was $3.61 billion in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 4.0% from $3.47 billion a year earlier and up 2.6% from the prior quarter.
Gap (GAP) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Operating Leases at Gap came in at $3.49 billion, up 3.9% from FY2025.
- Operating Leases shows a five-year compound annual growth rate of -5.5% (FY2021 to FY2026).
- In earlier fiscal years, Operating Leases was $3.35 billion in FY2025 (unchanged), $3.35 billion in FY2024 (-4.7%), $3.52 billion in FY2023 (-12.8%) and $4.03 billion in FY2022 (-12.6%).
- The fiscal Q2 2027 figure marks the highest quarterly Operating Leases since fiscal Q3 2023.
- Compared with a year earlier, Operating Leases has increased for five straight quarters, with growth averaging 1.7% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q1 2027 (growth of 4.6%); the worst was fiscal Q3 2022 (a decline of 15.0%).
- Per Business Quant data, GAP's Operating Leases in the three fiscal quarters before Q2 2027 was $3.52 billion (Q1 2027), $3.49 billion (Q4 2026) and $3.4 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn |
| 10 | Gap | 8.15 Bn | -2.41 Bn | 1.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 3.61 Bn |
| May 2, 2026 | 3.52 Bn |
| Jan 31, 2026 | 3.49 Bn |
| Nov 1, 2025 | 3.40 Bn |
| Aug 2, 2025 | 3.47 Bn |
| May 3, 2025 | 3.36 Bn |
| Feb 1, 2025 | 3.35 Bn |
| Nov 2, 2024 | 3.36 Bn |
| Aug 3, 2024 | 3.36 Bn |
| May 4, 2024 | 3.39 Bn |
| Feb 3, 2024 | 3.35 Bn |
| Oct 28, 2023 | 3.46 Bn |
| Jul 29, 2023 | 3.43 Bn |
| Apr 29, 2023 | 3.45 Bn |
| Jan 28, 2023 | 3.52 Bn |
| Oct 29, 2022 | 3.67 Bn |
| Jul 30, 2022 | 3.86 Bn |
| Apr 30, 2022 | 3.92 Bn |
| Jan 29, 2022 | 4.03 Bn |
| Oct 30, 2021 | 4.16 Bn |
Gap Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();