Gap (GAP) Tax Rate (2009 - 2026)

Gap (GAP) reported Tax Rate of 24.67% for Q2 2026, down 195.0% on a YoY basis from 25.96% in Q2 2025, and down 10.44% sequentially from 27.54% in Q1 2026.

Gap (GAP) Tax Rate (2009 - 2026) Analysis & Trends

Gap (GAP) has 18 years of Tax Rate data on file, last reported at 24.67% in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate fell 195.0% year-over-year to 24.67%; the trailing twelve-month figure through May 2026 stood at 27.07% (up 81.0% YoY), and the FY2026 full-year result was 27.92%, up 215.0% from the prior year.
  • Tax Rate declined to 24.67% in Q2 2026, from 27.54% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.41% in Q3 2024 to a low of 534.88% in Q1 2023.
  • A 5-year average of 22.87% and a median of 24.07% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 43488 bps in 2023 and surged 55002 bps in 2024, its largest moves.
  • Tracing GAP's Tax Rate over 5 years: stood at 67.86% in 2022, then jumped by 119 bps to 12.8% in 2023, then soared by 88 bps to 24.1% in 2024, then climbed by 24 bps to 29.97% in 2025, then retreated by 18 bps to 24.67% in 2026.
  • Business Quant data shows GAP's Tax Rate at 24.67% in Q2 2026, 27.54% in Q1 2026, and 29.97% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 22.60%
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 23.86%
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn 19.57%
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 27.84%
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 24.67%
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 10.94%
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 20.68%
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 25.22%
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 27.60%
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn -11.91%

Historic Data

Download Data
DateValue
May 2, 2026 24.67%
May 2, 2026 24.67%
May 2, 2026 24.67%
Jan 31, 2026 27.54%
Jan 31, 2026 27.54%
Jan 31, 2026 27.54%
Nov 1, 2025 29.97%
Nov 1, 2025 29.97%
Nov 1, 2025 29.97%
Aug 2, 2025 27.03%
Aug 2, 2025 27.03%
Aug 2, 2025 27.03%
May 3, 2025 26.62%
May 3, 2025 26.62%
May 3, 2025 26.62%
Feb 1, 2025 24.26%
Feb 1, 2025 24.26%
Feb 1, 2025 24.26%
Nov 2, 2024 24.10%
Nov 2, 2024 24.10%