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American Eagle Outfitters vs Gap: revenue, profit, margins and growth compared

American Eagle Outfitters brought in $5.5B of revenue in fiscal 2025, Gap $15.4B in fiscal 2025. Revenue changed by +4.1% at American Eagle Outfitters and +1.9% at Gap on the year before, so American Eagle Outfitters grew faster. American Eagle Outfitters kept 3.5% of its revenue as net profit, Gap 5.3%. Free cash flow was $195.4M at American Eagle Outfitters and $823M at Gap.

Side by side, latest fiscal year

AEOGAP
Fiscal year endedFY2025 (January 31, 2026)FY2025 (January 31, 2026)
Revenue$5.5B$15.4B
Revenue growth+4.1%+1.9%
Net income$192M$816M
Net margin3.5%5.3%
Free cash flow$195.4M$823M
Free cash flow margin3.5%5.4%
Earnings per share (diluted)$1.09$2.13
Cash$238.9M$2.6B
Debt$0$1.5B
Price to earnings15.210.2
Market value$2.8B$7.9B
Dividend yield3.02%3.02%
Rank by revenue in sector#185 of 778 · Consumer discretionary#82 of 778 · Consumer discretionary

Over the years

Revenue
AEO FY2019: $4BAEO FY2019: $4.3BAEO FY2020: $3.8BAEO FY2021: $5BAEO FY2022: $5BAEO FY2023: $5.3BAEO FY2024: $5.3BAEO FY2025: $5.5BGAP FY2018: $16.6BGAP FY2019: $16.4BGAP FY2020: $13.8BGAP FY2021: $16.7BGAP FY2022: $15.6BGAP FY2023: $14.9BGAP FY2024: $15.1BGAP FY2025: $15.4BFY18FY19FY20FY21FY22FY23FY24FY25
AEO $5.5BGAP $15.4B
Net income
AEO FY2019: $261.9MAEO FY2019: $191.3MAEO FY2020: -$209.3MAEO FY2021: $419.6MAEO FY2022: $125.1MAEO FY2023: $170MAEO FY2024: $329.4MAEO FY2025: $192MGAP FY2018: $1BGAP FY2019: $351MGAP FY2020: -$665MGAP FY2021: $256MGAP FY2022: -$202MGAP FY2023: $502MGAP FY2024: $844MGAP FY2025: $816MFY18FY19FY20FY21FY22FY23FY24FY25
AEO $192MGAP $816M
Net margin
AEO FY2019: 6.5%AEO FY2019: 4.4%AEO FY2020: -5.6%AEO FY2021: 8.4%AEO FY2022: 2.5%AEO FY2023: 3.2%AEO FY2024: 6.2%AEO FY2025: 3.5%GAP FY2018: 6.0%GAP FY2019: 2.1%GAP FY2020: -4.8%GAP FY2021: 1.5%GAP FY2022: -1.3%GAP FY2023: 3.4%GAP FY2024: 5.6%GAP FY2025: 5.3%FY18FY19FY20FY21FY22FY23FY24FY25
AEO 3.5%GAP 5.3%
Revenue growth
AEO FY2019: +6.8%AEO FY2020: -12.7%AEO FY2021: +33.3%AEO FY2022: -0.4%AEO FY2023: +5.4%AEO FY2024: +1.3%AEO FY2025: +4.1%GAP FY2019: -1.2%GAP FY2020: -15.8%GAP FY2021: +20.8%GAP FY2022: -6.3%GAP FY2023: -4.7%GAP FY2024: +1.3%GAP FY2025: +1.9%FY19FY20FY21FY22FY23FY24FY25
AEO +4.1%GAP +1.9%
Free cash flow
AEO FY2019: $267.6MAEO FY2019: $205.1MAEO FY2020: $74.5MAEO FY2021: $69.8MAEO FY2022: $145.9MAEO FY2023: $406.3MAEO FY2024: $254.3MAEO FY2025: $195.4MGAP FY2018: $676MGAP FY2019: $709MGAP FY2020: -$155MGAP FY2021: $115MGAP FY2022: -$78MGAP FY2023: $1.1BGAP FY2024: $1BGAP FY2025: $823MFY18FY19FY20FY21FY22FY23FY24FY25
AEO $195.4MGAP $823M

Fiscal years as each company reports them; the two may end in different months.

Questions about American Eagle Outfitters and Gap

Which is bigger by revenue, American Eagle Outfitters or Gap?

Gap is bigger by revenue: $15.4B in fiscal 2025, against $5.5B for American Eagle Outfitters in fiscal 2025.

Which keeps more of its revenue as profit, American Eagle Outfitters or Gap?

American Eagle Outfitters had a net margin of 3.5% in fiscal 2025; Gap had 5.3% in fiscal 2025.

Which grew revenue faster, American Eagle Outfitters or Gap?

In their latest fiscal years revenue changed by +4.1% at American Eagle Outfitters and +1.9% at Gap.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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