The Gap, Inc. (GAP) — Free Cash Flow Generation Index
The Gap, Inc. (GAP) has a Free Cash Flow Generation Index of 0.71x as of January 2026. Free cash flow of $696.00 Million represents 1% of operating cash flow ($985.00 Million). See GAP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
The Gap, Inc. Free Cash Flow Generation Index (1990–2026)
Historical FCF Generation Index trend for The Gap, Inc. across 36 annual periods. Explore how well can The Gap, Inc. service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for The Gap, Inc. (1990–2026)
Year-by-year Free Cash Flow Generation Index for The Gap, Inc.. For the full company profile including market capitalisation, see The Gap, Inc. (GAP) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.64x | $823.00 Million | $1.29 Billion | $470.00 Million | ▼ -9.0% |
| 2025 | 0.70x | $1.04 Billion | $1.49 Billion | $447.00 Million | ▼ -3.7% |
| 2024 | 0.73x | $1.11 Billion | $1.53 Billion | $420.00 Million | ▲ +664.9% |
| 2023 | -0.13x | $-78.00 Million | $607.00 Million | $685.00 Million | ▼ -190.4% |
| 2022 | 0.14x | $115.00 Million | $809.00 Million | $694.00 Million | ▲ +121.7% |
| 2021 | -0.65x | $-155.00 Million | $237.00 Million | $392.00 Million | ▼ -352.1% |
| 2020 | 0.26x | $366.00 Million | $1.41 Billion | $1.04 Billion | ▼ -47.0% |
| 2019 | 0.49x | $676.00 Million | $1.38 Billion | $705.00 Million | ▲ +4.1% |
| 2018 | 0.47x | $649.00 Million | $1.38 Billion | $731.00 Million | ▼ -32.3% |
| 2017 | 0.70x | $1.20 Billion | $1.72 Billion | $524.00 Million | ▲ +27.7% |
| 2016 | 0.54x | $868.00 Million | $1.59 Billion | $726.00 Million | ▼ -18.1% |
| 2015 | 0.66x | $1.42 Billion | $2.13 Billion | $714.00 Million | ▲ +9.5% |
| 2014 | 0.61x | $1.03 Billion | $1.71 Billion | $670.00 Million | ▼ -8.0% |
| 2013 | 0.66x | $1.28 Billion | $1.94 Billion | $659.00 Million | ▲ +10.3% |
| 2012 | 0.60x | $815.00 Million | $1.36 Billion | $548.00 Million | ▼ -12.1% |
| 2011 | 0.68x | $1.19 Billion | $1.74 Billion | $557.00 Million | ▼ -17.7% |
| 2010 | 0.83x | $1.59 Billion | $1.93 Billion | $334.00 Million | ▲ +0.0% |
| 2009 | 0.83x | $1.59 Billion | $1.93 Billion | $334.00 Million | ▲ +23.0% |
| 2008 | 0.67x | $1.40 Billion | $2.08 Billion | $682.00 Million | ▲ +23.9% |
| 2007 | 0.54x | $678.00 Million | $1.25 Billion | $572.00 Million | ▼ -11.5% |
| 2006 | 0.61x | $951.00 Million | $1.55 Billion | $600.00 Million | ▼ -16.9% |
| 2005 | 0.74x | $1.18 Billion | $1.60 Billion | $442.00 Million | ▼ -15.7% |
| 2004 | 0.87x | $1.90 Billion | $2.17 Billion | $272.00 Million | ▲ +15.8% |
| 2003 | 0.76x | $935.07 Million | $1.24 Billion | $303.28 Million | ▲ +271.8% |
| 2001 | -0.44x | $-567.46 Million | $1.29 Billion | $1.86 Billion | ▼ -371.5% |
| 2000 | 0.16x | $239.20 Million | $1.48 Billion | $1.24 Billion | ▼ -62.2% |
| 1999 | 0.43x | $596.60 Million | $1.39 Billion | $797.60 Million | ▲ +0.7% |
| 1998 | 0.43x | $359.10 Million | $844.70 Million | $485.60 Million | ▼ -23.4% |
| 1997 | 0.55x | $463.20 Million | $835.00 Million | $371.80 Million | ▲ +45.2% |
| 1996 | 0.38x | $186.80 Million | $489.10 Million | $302.30 Million | ▼ -29.1% |
| 1995 | 0.54x | $271.70 Million | $504.50 Million | $232.80 Million | ▼ -12.4% |
| 1994 | 0.61x | $339.00 Million | $551.30 Million | $212.30 Million | ▲ +86.0% |
| 1993 | 0.33x | $101.50 Million | $307.00 Million | $205.50 Million | ▲ +13.5% |
| 1992 | 0.29x | $97.20 Million | $333.70 Million | $236.50 Million | ▲ +18.4% |
| 1991 | 0.25x | $63.20 Million | $256.90 Million | $193.70 Million | ▼ -2.2% |
| 1990 | 0.25x | $29.70 Million | $118.10 Million | $88.40 Million | — |