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Held by 473 of 5,944 reporting institutions (97th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $20.87 today, the market must believe free cash flow compounds -7.7%/yr for a decade (off $991M normalized FCF).
The market's -7.7% is more conservative than its 9-yr track record.
2-stage DCF · 0.37B shares · net debt -$1.1B
mean -50.5% · volatility σ 68% · implied rate exceeded in 3/7 yrs
Central path = implied -7.7%/yr growth; shaded band = ±1σ (68%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 30% of free cash flow, leaving room to grow it and fund buybacks. Last year: $247M dividends + $155M buybacks = $402M returned on $823M FCF.
2 consecutive years of dividend increases · -4%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 15%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~6.2% on $1.5B of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
Nothing notable to watch.
Is the profit real, and how strong is the balance sheet?
FY2026 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2020 | FY2021 | FY2021 | FY2022 | FY2023 | FY2025 | FY2026 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 61.9 | 62.6 | 65.9 | 60.2 | 65.7 | 61.2 | 58.7 | 59.2 |
| Gross Profit | 38.1 | 37.4 | 34.1 | 39.8 | 34.3 | 38.8 | 41.3 | 40.8 |
| R&D | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 0.4 |
| Operating Income | 8.2 | 3.5 | -6.2 | 4.9 | -0.4 | 3.8 | 7.4 | 7.3 |
| Income Tax | 1.9 | 1.1 | -3.2 | 0.4 | 0.4 | 0.4 | 1.9 | 2.1 |
| Net Income | 6.0 | 2.1 | -4.8 | 1.5 | -1.3 | 3.4 | 5.6 | 5.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on GAP: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2026
Each value shows its share of revenue below it (common-size).
| Line Item | FY2026 | FY2026 | FY2025 | FY2023 | FY2022 | FY2021 | FY2021 | FY2020 | FY2019 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.37B 100.0% | $15.09B 100.0% | $14.89B 100.0% | $15.62B 100.0% | $16.67B 100.0% | $13.80B 100.0% | $16.38B 100.0% | $16.58B 100.0% | $15.86B 100.0% | $15.52B 100.0% |
| Cost of Revenue | $9.10B 59.2% | $8.86B 58.7% | $9.11B 61.2% | $10.26B 65.7% | $10.03B 60.2% | $9.10B 65.9% | $10.25B 62.6% | $10.26B 61.9% | $9.79B 61.7% | — |
| Gross Profit | $6.27B 40.8% | $6.23B 41.3% | $5.78B 38.8% | $5.36B 34.3% | $6.64B 39.8% | $4.71B 34.1% | $6.13B 37.4% | $6.32B 38.1% | $6.07B 38.3% | $5.64B 36.3% |
| Research & Development | $60.0M 0.4% | $40.0M 0.3% | $37.0M 0.2% | $46.0M 0.3% | $41.0M 0.2% | $46.0M 0.3% | $41.0M 0.3% | $50.0M 0.3% | $51.0M 0.3% | $46.0M 0.3% |
| Total Operating Expenses | $5.15B 33.5% | $5.12B 33.9% | $5.21B 35.0% | $5.43B 34.8% | $5.83B 35.0% | $5.57B 40.3% | $5.56B 33.9% | $4.96B 29.9% | $4.59B 28.9% | $4.45B 28.7% |
| Operating Income | $1.11B 7.3% | $1.11B 7.4% | $560.0M 3.8% | -$69.0M -0.4% | $810.0M 4.9% | -$862.0M -6.2% | $574.0M 3.5% | $1.36B 8.2% | $1.48B 9.3% | $1.19B 7.7% |
| Interest Expense | $93.0M 0.6% | $87.0M 0.6% | $90.0M 0.6% | $88.0M 0.6% | $167.0M 1.0% | $192.0M 1.4% | $76.0M 0.5% | $73.0M 0.4% | $74.0M 0.5% | $75.0M 0.5% |
| Interest & Investment Income | $110.0M 0.7% | $112.0M 0.7% | $86.0M 0.6% | $18.0M 0.1% | $5.0M 0.0% | $10.0M 0.1% | $30.0M 0.2% | $33.0M 0.2% | $19.0M 0.1% | $8.0M 0.1% |
| Pretax Income | $1.13B 7.4% | $1.14B 7.5% | $556.0M 3.7% | -$139.0M -0.9% | $323.0M 1.9% | -$1.10B -8.0% | $528.0M 3.2% | $1.32B 8.0% | $1.42B 9.0% | $1.12B 7.2% |
| Income Tax Expense | $316.0M 2.1% | $293.0M 1.9% | $54.0M 0.4% | $63.0M 0.4% | $67.0M 0.4% | -$437.0M -3.2% | $177.0M 1.1% | $319.0M 1.9% | $576.0M 3.6% | $448.0M 2.9% |
| Net Income | $816.0M 5.3% | $844.0M 5.6% | $502.0M 3.4% | -$202.0M -1.3% | $256.0M 1.5% | -$665.0M -4.8% | $351.0M 2.1% | $1.00B 6.0% | $848.0M 5.3% | $676.0M 4.4% |
| Per Share | ||||||||||
| EPS (Basic) | $2.19 | $2.24 | $1.36 | $-0.55 | $0.68 | $-1.78 | $0.93 | $2.61 | $2.16 | $1.69 |
| EPS (Diluted) | $2.13 | $2.20 | $1.34 | $-0.55 | $0.67 | $-1.78 | $0.93 | $2.59 | $2.14 | $1.69 |
| Weighted Avg Shares (Basic) | 373.0M | 376.0M | 370.0M | 367.0M | 376.0M | 374.0M | 376.0M | 385.0M | 393.0M | 399.0M |
| Weighted Avg Shares (Diluted) | 384.0M | 384.0M | 376.0M | 367.0M | 383.0M | 374.0M | 378.0M | 388.0M | 396.0M | 400.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 490 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN | $2.70T | — | — | — | — | — | — | 20.5% | 16.2% | — | 5,764 |
| TSLA | $1.37T | 339.1× | 145.5× | 14.5× | -2.9% | 18.0% | 4.0% | 4.6% | 4.2% | 0.9× | 4,029 |
| TM | $614.2B | 60.0× | 24.8× | 2.6× | 3.8% | 18.4% | 4.4% | 7.9% | 5.9% | 1.7× | 665 |
| PDD | $442.6B | 32.9× | 31.9× | 7.2× | 14.5% | 56.3% | 22.7% | 23.7% | 23.7% | — | 548 |
| HD | $301.3B | 21.3× | 14.3× | 1.8× | 3.2% | 33.3% | 8.6% | 110% | 22.8% | 2.0× | 3,970 |
| BABA | $201.7B | 135.7× | — | 1.4× | 8.1% | 39.8% | 10.1% | 9.8% | 9.8% | — | 1,298 |
| TJX | $140.1B | 26.0× | — | 2.3× | 7.1% | 31.0% | 9.1% | 53.9% | 42.1% | — | 2,608 |
| HTHT | $132.7B | 187.9× | 114.3× | — | — | — | — | 39.7% | 27.3% | 0.7× | 258 |
| SBUX | $109.9B | 59.3× | 26.8× | 3.0× | 2.8% | — | 5.0% | -22.9% | 23.3% | 3.4× | 2,252 |
| LOW | $108.9B | 16.4× | 12.0× | 1.3× | 3.1% | 33.5% | 7.7% | -67.1% | 22.3% | 3.2× | 2,591 |
| ABNB | $101.7B | — | 37.9× | 8.3× | 10.3% | 83.0% | 20.5% | 30.6% | 24.6% | 0.8× | 1,246 |
| MELI | $92.5B | 46.3× | — | 3.2× | 39.1% | 44.5% | 6.9% | 29.6% | 12.5% | — | 1,380 |
| MAR | $88.8B | 35.1× | 20.6× | 3.4× | 4.3% | — | 9.9% | -69.0% | -69.4% | 0.0× | 1,559 |
| LKNCY | $86.3B | 168.2× | 90.8× | 12.3× | 48.9% | — | 7.3% | 23.0% | 23.0% | — | 9 |
| GM | $78.3B | 26.5× | 3.9× | 0.4× | -1.3% | — | 1.5% | 4.4% | 4.4% | — | 1,447 |
| ROST | $74.0B | 34.7× | 22.0× | 3.3× | 7.7% | 27.7% | 9.4% | 34.7% | 27.8% | 0.5× | 1,276 |
| ORLY | $71.5B | 28.6× | 19.5× | 4.0× | 6.4% | 51.6% | 14.3% | -333% | 48.3% | 1.5× | 1,569 |
| HLT | $69.7B | 49.4× | 24.0× | 5.8× | 7.7% | — | 12.1% | -27.0% | -27.0% | — | 1,126 |
| RCL | $67.7B | 16.0× | — | 3.8× | 8.8% | 49.4% | 23.8% | 42.5% | 32.3% | — | 1,114 |
| SE | $62.0B | 40.2× | 24.6× | 2.7× | 36.4% | 44.7% | 6.9% | 12.6% | 12.6% | — | 718 |
| F | $54.2B | — | 4.5× | 0.3× | 1.2% | 6.8% | -4.4% | -22.7% | -22.7% | — | — |
| NKE | $53.9B | 17.3× | — | 1.2× | 0.2% | 42.9% | 6.7% | 20.9% | 13.6% | — | 1,848 |
| EBAY | $50.7B | 26.0× | 18.4× | 4.6× | 7.9% | 71.5% | 18.3% | 45.3% | 38.8% | 0.3× | 1,182 |
| AZO | $47.8B | 19.6× | 13.3× | 2.5× | 2.4% | 52.6% | 13.2% | -73.2% | 46.4% | 2.1× | 1,245 |
| CMG | $44.8B | 29.4× | 19.4× | 3.8× | 5.4% | — | 12.9% | 54.3% | 54.3% | 0.0× | 1,203 |
| GAP | $7.8B | 9.8× | 4.1× | 0.5× | 1.9% | 40.8% | 5.3% | 21.5% | 15.4% | 0.9× | 473 |
Peers = companies sharing GAP's sector (Consumer Cyclical) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.