The Gap, Inc. (GAP) — Free Cash Flow Generation Index

Latest as of April 2026: 0.37x

The Gap, Inc. (GAP) has a Free Cash Flow Generation Index of 0.37x as of April 2026. Free cash flow of $78.00 Million represents 0% of operating cash flow ($213.00 Million). Explore The Gap, Inc. (GAP) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.37x
Free Cash Flow / Operating CF

Free Cash Flow

$78.00 Million
USD

Operating Cash Flow

$213.00 Million
USD

Capital Expenditures

$135.00 Million
USD

The Gap, Inc. Free Cash Flow Generation Index (1990–2026)

Historical FCF Generation Index trend for The Gap, Inc. across 36 annual periods. For the full cash flow conversion analysis, see The Gap, Inc. cash conversion from operations.

Annual Free Cash Flow Generation for The Gap, Inc. (1990–2026)

Year-by-year Free Cash Flow Generation Index for The Gap, Inc.. Check The Gap, Inc. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).