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Gap (GAP) Gross Property, Plant and Equipment : $10,666 Mil (As of Jan. 2025)


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What is Gap Gross Property, Plant and Equipment?

Gap's quarterly gross PPE increased from Jul. 2024 ($10,636 Mil) to Oct. 2024 ($10,748 Mil) but then declined from Oct. 2024 ($10,748 Mil) to Jan. 2025 ($10,666 Mil).

Gap's annual gross PPE stayed the same from Jan. 2023 ($10,698 Mil) to Jan. 2024 ($10,555 Mil) but then increased from Jan. 2024 ($10,555 Mil) to Jan. 2025 ($10,666 Mil).


Gap Gross Property, Plant and Equipment Historical Data

The historical data trend for Gap's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gap Gross Property, Plant and Equipment Chart

Gap Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,666.00 11,783.00 10,698.00 10,555.00 10,666.00

Gap Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,555.00 10,687.00 10,636.00 10,748.00 10,666.00

Gap Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Gap  (NYSE:GAP) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Gap Gross Property, Plant and Equipment Related Terms

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Gap Business Description

Industry
Address
Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
Executives
Chris Blakeslee officer: President & CEO, Athleta 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Sarah Gilligan officer: EVP Sup Chn, Strat & Transform 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Mark Breitbard officer: Pres. & CEO, Banana Republic 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Katrina O'connell officer: EVP CFO 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Julie Gruber officer: EVP & Global General Counsel 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
John J Fisher director, 10 percent owner C/O PISCES INC, 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO CA 94188
William Sydney Fisher director, 10 percent owner C/O PISCES INC, 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO CA 94188
Robert J Fisher director C/O PISCES INC, 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO CA 94188
Horacio Barbeito officer: President & CEO, Old Navy 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Tracy Gardner director C/O DELIA*S, INC., 50 WEST 23RD STREET, 10TH FLOOR, NEW YORK NY 10010
Tariq M Shaukat director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Gurmeet Singh officer: Chief Digital & Tech Officer 2 FOLSOM ST, SAN FRANCISCO CA 94105
Richard Dickson director C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Mary Beth Laughton officer: President & CEO, Athleta 2 FOLSOM STREET, SAN FRANCISCO CA 94105

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