Gap (GAP) Tax Rate (2009 - 2026)

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

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

Gap has reported Tax Rate for 18 years, with the latest figure at 24.67% in Q2 2026.

Quarterly Tax Rate fell 195.0% year-over-year to 24.67% in Q2 2026, while the trailing twelve-month figure through May 2026 was 27.07% (up 81.0% YoY) and the FY2026 annual result came in at 27.92%, up 215.0% from the prior year.
Tax Rate declined to 24.67% in Q2 2026 per GAP's latest filing, from 27.54% in the prior quarter.
Over five years, Tax Rate peaked at 30.41% in Q3 2024 and troughed at 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.
The sharpest annual moves came in 2023 and 2024: Tax Rate sank 43488 bps in 2023, then jumped 55002 bps in 2024.
Over 5 years, Tax Rate 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 rose by 24 bps to 29.97% in 2025, then dropped by 18 bps to 24.67% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 24.67%, 27.54%, and 29.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Tjx Companies	155.79 Bn	150.21 Bn	4.48 Bn	22.60%
2	Ross Stores	73.01 Bn	68.88 Bn	1.78 Bn	22.39%
3	Burlington Stores	20.93 Bn	20.19 Bn	1.26 Bn	19.57%
4	Lululemon Athletica	13.36 Bn	11.84 Bn	1.34 Bn	31.82%
5	Gap	7.23 Bn	4.67 Bn	1.42 Bn	24.67%
6	Victoria's Secret	7.03 Bn	6.82 Bn	585.00 Mn	10.94%
7	Urban Outfitters	6.38 Bn	5.97 Bn	542.57 Mn	20.68%
8	Boot Barn Holdings	4.90 Bn	4.76 Bn	-	-
9	Abercrombie & Fitch	4.70 Bn	4.08 Bn	682.63 Mn	27.60%
10	American Eagle Outfitters	2.69 Bn	2.58 Bn	456.17 Mn	16.88%

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