Gap vs Ross Stores
Ross Stores reported revenue of $22.8 billion in fiscal 2025, 1.5 times Gap's $15.4 billion in fiscal 2025. Gap's revenue grew 1.9% in its latest year, and Ross Stores' grew 7.7%. Gap had an operating margin of 7.3%, against 11.9% at Ross Stores. Free cash flow was $823 million at Gap and $2.2 billion at Ross Stores.
Side by side
| Gap | Ross Stores | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 31, 2026 | FY2025, Jan 31, 2026 |
| Revenue | $15.4B | $22.8B |
| Revenue growth | 1.9% | 7.7% |
| Revenue growth a year, last 5 years | 2.2% | 12.7% |
| Gross margin | 40.8% | 27.7% |
| Operating margin | 7.3% | 11.9% |
| Net margin | 5.3% | 9.4% |
| Free cash flow | $823M | $2.2B |
| Free cash flow margin | 5.4% | 9.7% |
| Return on capital | 36.1% | 67.0% |
| Net debt to EBITDA | −0.9x | −1.0x |
| Dividends and buybacks | $402M | $1.6B |
| Change in diluted share count | 0.0% | −2.0% |
| Last close | $22.26 | $234.11 |
| P/E at the last close | 6.7× | 28.3× |
| Insider trades, last 12 months | sold $83.8 million | sold $23.0 million |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
GapRoss Stores
Operating margin
Percent of revenue
GapRoss Stores
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
GapRoss Stores
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Gap and Ross Stores pages.