The Gap, Inc. (GAP) — Capital Reinvestment Ratio
The Gap, Inc. (GAP) has a Capital Reinvestment Ratio of 0.63x as of April 2026, meaning it reinvests 1% of its operating cash flow ($213.00 Million) in capital expenditures ($135.00 Million). Check GAP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The Gap, Inc. Capital Reinvestment Ratio (1990–2026)
This chart tracks The Gap, Inc.'s Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of The Gap, Inc..
Annual Capital Reinvestment Ratio for The Gap, Inc. (1990–2026)
Year-by-year Capital Reinvestment Ratio for The Gap, Inc. from 1990 to 2026. See GAP FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.36x | $1.29 Billion | $470.00 Million | ▲ +20.8% |
| 2025 | 0.30x | $1.49 Billion | $447.00 Million | ▲ +9.7% |
| 2024 | 0.27x | $1.53 Billion | $420.00 Million | ▼ -75.7% |
| 2023 | 1.13x | $607.00 Million | $685.00 Million | ▲ +31.6% |
| 2022 | 0.86x | $809.00 Million | $694.00 Million | ▼ -48.1% |
| 2021 | 1.65x | $237.00 Million | $392.00 Million | ▲ +123.3% |
| 2020 | 0.74x | $1.41 Billion | $1.04 Billion | ▲ +45.1% |
| 2019 | 0.51x | $1.38 Billion | $705.00 Million | ▼ -3.6% |
| 2018 | 0.53x | $1.38 Billion | $731.00 Million | ▲ +73.8% |
| 2017 | 0.30x | $1.72 Billion | $524.00 Million | ▼ -33.1% |
| 2016 | 0.46x | $1.59 Billion | $726.00 Million | ▲ +35.8% |
| 2015 | 0.34x | $2.13 Billion | $714.00 Million | ▼ -14.7% |
| 2014 | 0.39x | $1.71 Billion | $670.00 Million | ▲ +15.4% |
| 2013 | 0.34x | $1.94 Billion | $659.00 Million | ▼ -15.3% |
| 2012 | 0.40x | $1.36 Billion | $548.00 Million | ▲ +25.9% |
| 2011 | 0.32x | $1.74 Billion | $557.00 Million | ▲ +84.4% |
| 2010 | 0.17x | $1.93 Billion | $334.00 Million | ▲ +0.0% |
| 2009 | 0.17x | $1.93 Billion | $334.00 Million | ▼ -47.1% |
| 2008 | 0.33x | $2.08 Billion | $682.00 Million | ▼ -28.4% |
| 2007 | 0.46x | $1.25 Billion | $572.00 Million | ▲ +18.3% |
| 2006 | 0.39x | $1.55 Billion | $600.00 Million | ▲ +39.8% |
| 2005 | 0.28x | $1.60 Billion | $442.00 Million | ▲ +120.9% |
| 2004 | 0.13x | $2.17 Billion | $272.00 Million | ▼ -48.8% |
| 2003 | 0.24x | $1.24 Billion | $303.28 Million | ▼ -83.0% |
| 2001 | 1.44x | $1.29 Billion | $1.86 Billion | ▲ +71.7% |
| 2000 | 0.84x | $1.48 Billion | $1.24 Billion | ▲ +46.5% |
| 1999 | 0.57x | $1.39 Billion | $797.60 Million | ▼ -0.5% |
| 1998 | 0.57x | $844.70 Million | $485.60 Million | ▲ +29.1% |
| 1997 | 0.45x | $835.00 Million | $371.80 Million | ▼ -28.0% |
| 1996 | 0.62x | $489.10 Million | $302.30 Million | ▲ +33.9% |
| 1995 | 0.46x | $504.50 Million | $232.80 Million | ▲ +19.8% |
| 1994 | 0.39x | $551.30 Million | $212.30 Million | ▼ -42.5% |
| 1993 | 0.67x | $307.00 Million | $205.50 Million | ▼ -5.6% |
| 1992 | 0.71x | $333.70 Million | $236.50 Million | ▼ -6.0% |
| 1991 | 0.75x | $256.90 Million | $193.70 Million | ▲ +0.7% |
| 1990 | 0.75x | $118.10 Million | $88.40 Million | — |