Gap (GAP) Tax Rate (2009 - 2026)
Gap's (GAP) quarterly Tax Rate came in at 26.32% in Q3 2026, down 70.0% year-over-year from 87.75% in Q3 2025, and up 6.72% quarter-over-quarter from 24.67% in Q2 2026.
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Analysis
Gap (GAP) Tax Rate (2009 - 2026) Analysis & Trends
Gap has disclosed Tax Rate across 18 years of filings, most recently posting 26.32% for Q3 2026.
- In Q3 2026, Tax Rate fell 70.0% year-over-year to 26.32%; the TTM figure through Aug 2026 stood at 26.78% (up 136.0% YoY), while the FY2026 annual figure was 27.92%, up 215.0% from the prior year.
- Tax Rate came in at 26.32% for Q3 2026 at Gap, up from 24.67% 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.
- Average Tax Rate over 5 years is 20.28%, with a median of 24.1% recorded in 2024.
- Year-over-year, Tax Rate plunged 43488 bps in 2023 and soared 55002 bps in 2024.
- Over 5 years, Tax Rate stood at 67.86% in 2022, then surged by 119 bps to 12.8% in 2023, then jumped by 88 bps to 24.1% in 2024, then grew by 24 bps to 29.97% in 2025, then decreased by 12 bps to 26.32% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 26.32% in Q3 2026, 24.67% in Q2 2026, and 27.54% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 139.36 Bn | 133.35 Bn | 5.07 Bn | 24.68% |
| 2 | Ross Stores | 71.50 Bn | 67.21 Bn | 2.12 Bn | 24.98% |
| 3 | Burlington Stores | 15.08 Bn | 14.38 Bn | 1.39 Bn | 23.88% |
| 4 | Gap | 7.60 Bn | 5.11 Bn | 1.93 Bn | 26.32% |
| 5 | Urban Outfitters | 6.79 Bn | 6.38 Bn | 542.57 Mn | 20.68% |
| 6 | Abercrombie & Fitch | 6.67 Bn | 6.03 Bn | 822.65 Mn | 28.72% |
| 7 | Victoria's Secret | 6.15 Bn | 5.62 Bn | 759.00 Mn | 24.19% |
| 8 | Boot Barn Holdings | 4.38 Bn | 4.24 Bn | - | - |
| 9 | American Eagle Outfitters | 2.85 Bn | 2.75 Bn | 456.17 Mn | 16.88% |
| 10 | Buckle | 2.08 Bn | 1.79 Bn | 133.48 Mn | 24.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 26.32% |
| May 2, 2026 | 24.67% |
| Jan 31, 2026 | 27.54% |
| Nov 1, 2025 | 29.97% |
| Aug 2, 2025 | 27.03% |
| May 3, 2025 | 26.62% |
| Feb 1, 2025 | 24.26% |
| Nov 2, 2024 | 24.10% |
| Aug 3, 2024 | 30.41% |
| May 4, 2024 | 24.04% |
| Feb 3, 2024 | 15.14% |
| Oct 28, 2023 | 12.80% |
| Jul 29, 2023 | -8.33% |
| Apr 29, 2023 | 10.00% |
| Jan 28, 2023 | -534.88% |
| Oct 29, 2022 | -67.86% |
| Jul 30, 2022 | -2.08% |
| Apr 30, 2022 | 25.00% |
| Jan 29, 2022 | -100.00% |
| Oct 30, 2021 | 29.30% |