GAP INC

Retail-Family Clothing Stores·SAN FRANCISCO, CA·FY end 02/01·CIK 39911

CEO Pay Ratio

1:1

Richard Dickson

CEO Total Comp

$17.2M

Richard Dickson

Median Employee

$10,170

Revenue

$15.4B

FY 2025

Net Income

$816.0M

FY 2025

Free Cash Flow

$823.0M

FY 2025

Net Margin

5.3%

Insider Net (180d)

-$44.9M

0 buys / 32 sales

CEO Pay Accountability

CEO comp as % of net income

2.11%

For every $1,000 of profit, $21.06 flows to the CEO.

CEO comp as % of buybacks

11.09%

CEO comp equals 110.9‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$15.4B	$15.1B	$14.9B	$15.6B	$16.7B
Gross Profit	$6.3B	$6.2B	$5.8B	$5.4B	$6.6B
Operating Income	$1.1B	$1.1B	$560.0M	-$69.0M	$810.0M
Net Income	$816.0M	$844.0M	$502.0M	-$202.0M	$256.0M
Operating CF	$1.3B	$1.5B	$1.5B	$607.0M	$809.0M
Capex	$470.0M	$447.0M	$420.0M	$685.0M	$694.0M
Free Cash Flow	$823.0M	$1.0B	$1.1B	-$78.0M	$115.0M
Buybacks	$155.0M	$75.0M	$0	$123.0M	$201.0M
Dividends	—	—	—	—	—	—

Gross Margin	40.8%	41.3%	38.8%	34.3%	39.8%
Operating Margin	7.3%	7.4%	3.8%	-0.4%	4.9%
Net Margin	5.3%	5.6%	3.4%	-1.3%	1.5%
FCF Margin	5.4%	6.9%	7.5%	-0.5%	0.7%
R&D / Revenue	0.4%	0.3%	0.2%	0.3%	0.2%
Effective Tax	27.9%	25.8%	9.7%	—	—
Debt / Equity	0.39	0.46	0.57	0.67	0.55
Buybacks / FCF	18.8%	7.2%	0.0%	-157.7%	174.8%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Richard DicksonPresident and CEO, Gap Inc.	$1.4M	$10.9M	—	$4.6M	$283.8K	$17.2M
Horacio BarbeitoPresident and CEO, Old Navy	$1.1M	$5.5M	—	$1.9M	$382.5K	$8.9M
Mark BreitbardPresident and CEO, Gap Brand	$1.1M	$3.7M	—	$3.3M	$74.6K	$8.2M
Katrina O'ConnellEVP and CFO, Gap Inc.	$942.1K	$3.6M	—	$2.2M	$69.2K	$6.9M
Eric ChanEVP and Chief Business and Strategy Officer, Gap Inc.	$900.0K	$3.0M	—	$2.4M	$64.2K	$6.3M