The Gap, Inc. (GAP) — Tangible Net Worth Ratio
The Gap, Inc. (GAP) has a Tangible Net Worth Ratio of 98.3% as of January 2026. This metric is calculated by deducting intangible assets ($63.00 Million) from net assets ($3.80 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See The Gap, Inc. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Gap, Inc. Tangible Net Worth Ratio (1986–2026)
This chart shows how The Gap, Inc.'s Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2026. As of January 2026, the ratio stands at 98.3%, reflecting net assets of $3.80 Billion with intangible assets of $63.00 Million USD. See how many days can The Gap, Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for The Gap, Inc. (1986–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for The Gap, Inc. from 1986 to 2026, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see The Gap, Inc. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 98.4% | $3.80 Billion | $59.00 Million | $12.63 Billion | ▲ +0.3 pp |
| 2025 | 98.2% | $3.26 Billion | $59.00 Million | $11.88 Billion | ▲ +0.3 pp |
| 2024 | 97.9% | $2.60 Billion | $54.00 Million | $11.04 Billion | ▲ +1.5 pp |
| 2023 | 96.4% | $2.23 Billion | $81.00 Million | $11.39 Billion | ▼ -0.3 pp |
| 2022 | 96.7% | $2.72 Billion | $90.00 Million | $12.76 Billion | ▼ -1.0 pp |
| 2021 | 97.7% | $2.61 Billion | $61.00 Million | $13.77 Billion | ▲ +1.3 pp |
| 2020 | 96.4% | $3.32 Billion | $121.00 Million | $13.68 Billion | ▼ -1.1 pp |
| 2019 | 97.4% | $3.55 Billion | $92.00 Million | $8.05 Billion | ▲ +0.4 pp |
| 2018 | 97.0% | $3.14 Billion | $95.00 Million | $7.99 Billion | ▲ +0.2 pp |
| 2017 | 96.7% | $2.90 Billion | $95.00 Million | $7.61 Billion | ▲ +0.3 pp |
| 2016 | 96.4% | $2.54 Billion | $92.00 Million | $7.47 Billion | ▼ -0.5 pp |
| 2015 | 96.9% | $2.98 Billion | $92.00 Million | $7.69 Billion | ▼ -0.1 pp |
| 2014 | 97.0% | $3.06 Billion | $92.00 Million | $7.85 Billion | ▲ +1.6 pp |
| 2013 | 95.4% | $2.89 Billion | $132.00 Million | $7.47 Billion | ▼ -1.8 pp |
| 2012 | 97.2% | $2.75 Billion | $77.00 Million | $7.42 Billion | ▼ -1.4 pp |
| 2011 | 98.6% | $4.08 Billion | $57.00 Million | $7.07 Billion | ▼ -0.1 pp |
| 2010 | 98.8% | $4.89 Billion | $61.00 Million | $7.99 Billion | ▲ +0.1 pp |
| 2009 | 98.6% | $4.39 Billion | $61.00 Million | $7.56 Billion | ▼ -0.4 pp |
| 2008 | 99.0% | $4.27 Billion | $43.00 Million | $7.84 Billion | ▼ -1.0 pp |
| 2007 | 100.0% | $5.17 Billion | $0.00 | $8.54 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $5.42 Billion | $0.00 | $8.82 Billion | ▲ +1.0 pp |
| 2005 | 99.0% | $4.94 Billion | $48.00 Million | $10.05 Billion | ▲ +5.0 pp |
| 2004 | 94.0% | $4.78 Billion | $286.00 Million | $10.34 Billion | ▲ +4.6 pp |
| 2003 | 89.5% | $3.66 Billion | $385.44 Million | $9.90 Billion | ▲ +1.7 pp |
| 2001 | 87.8% | $2.93 Billion | $357.17 Million | $7.01 Billion | ▲ +0.1 pp |
| 2000 | 87.7% | $2.23 Billion | $275.70 Million | $5.19 Billion | ▲ +1.4 pp |
| 1999 | 86.3% | $1.57 Billion | $215.70 Million | $3.96 Billion | ▼ -4.8 pp |
| 1998 | 91.1% | $1.58 Billion | $141.30 Million | $3.34 Billion | ▼ -1.3 pp |
| 1997 | 92.4% | $1.65 Billion | $125.80 Million | $2.63 Billion | ▼ -3.0 pp |
| 1996 | 95.4% | $1.64 Billion | $74.90 Million | $2.34 Billion | ▲ +1.8 pp |
| 1995 | 93.6% | $1.38 Billion | $87.70 Million | $2.00 Billion | ▼ -0.5 pp |
| 1994 | 94.1% | $1.13 Billion | $66.30 Million | $1.76 Billion | ▼ -1.6 pp |
| 1993 | 95.7% | $887.80 Million | $38.10 Million | $1.38 Billion | ▲ +0.7 pp |
| 1992 | 95.0% | $677.80 Million | $33.80 Million | $1.15 Billion | ▼ -0.1 pp |
| 1991 | 95.1% | $465.70 Million | $22.80 Million | $776.90 Million | ▲ +0.3 pp |
| 1990 | 94.8% | $338.00 Million | $17.60 Million | $579.50 Million | ▼ -0.2 pp |
| 1989 | 95.0% | $276.40 Million | $13.80 Million | $481.10 Million | ▼ -1.0 pp |
| 1988 | 96.0% | $272.90 Million | $10.90 Million | $434.20 Million | ▲ +0.3 pp |
| 1987 | 95.7% | $212.00 Million | $9.10 Million | $363.90 Million | ▼ -3.4 pp |
| 1986 | 99.1% | $151.60 Million | $1.40 Million | $271.70 Million | — |