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| Date | Value |
|---|---|
| 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% |