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    Apparel - Manufacturers
Gildan Activewear Inc.

Gildan Activewear Inc.

GIL.TO
Gildan Activewear Inc.CA flagToronto Stock Exchange
86.75
CAD
+1.62
- -
13.27BMarket Cap
Gildan Activewear Inc.
GIL.TO
(Toronto Stock Exchange)

Recent

price

86.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.1
8.02
8.99
9.69
9.97
- -
10.96
12.3
13.76
13.83
10.03
14.83
17.59
18.15
20.07
23.68
24.59
Revenue per Share
0.96
0.61
1.32
1.48
0.98
- -
1.47
1.62
1.66
1.27
-1.14
3.08
2.94
3.03
2.46
2.61
1.5
Basic EPS, GAAP
0.02
0.59
1.07
-0.12
-0.29
- -
1.69
2.32
1.96
1.08
1.8
2.47
0.92
1.92
2.15
3.22
1.17
Free Cash Flow per Basic Share
0.11
0.15
0.18
0.22
0.26
- -
0.32
0.38
0.45
0.54
0.15
0.46
0.67
0.75
0.82
0.88
0.4
Dividend per Share
5.33
5.79
6.96
8.26
8.75
- -
8.72
9
8.99
8.83
7.81
9.11
9.73
10.69
8.51
22.7
20.01
Book Value per Share
3.73
4.21
5.44
6.4
6.62
- -
6.63
6.36
6.22
5.99
5.38
6.74
7.49
8.09
5.72
-2.15
-2.64
Tangible Book Value per Share
243
243
243
244
242
243
236
224
211
204
198
197
184
176
163
153
166
Basic Weighted Avg Shares
1,726
1,948
2,184
2,360
2,415
- -
2,585
2,751
2,909
2,824
1,981
2,923
3,240
3,196
3,271
3,619
4,074
Sales/Revenue/Turnover
13.83
8.73
16.09
15.79
11.18
- -
14.83
15.41
15.16
12.89
-1.17
21.42
20.56
17.2
18.74
20.46
16.34
Operating Margin (%)
74
95
95
96
117
- -
141
162
158
157
147
135
125
122
138
148
134
Depreciation Expense
234
148
320
360
237
- -
347
362
351
260
-225
607
542
534
401
399
248
Net Income, GAAP
- -
- -
3.19
1.9
1.62
- -
1.48
3.84
5.74
- -
- -
2.78
4.39
5.42
22.02
16.4
16.22
Effective Tax Rate (%)
13.57
7.62
14.66
15.24
9.82
- -
13.41
13.17
12.06
9.2
-11.37
20.78
16.71
16.7
12.26
11.02
6.1
Profit Margin (%)
578
656
691
879
1,044
- -
1,105
1,049
1,036
1,092
1,185
984
1,085
963
1,021
2,474
2,759
Working Capital
209
181
- -
157
462
- -
600
630
669
912
1,067
694
860
769
1,336
4,118
4,502
LT Debt
1,311
1,426
1,719
2,024
2,129
- -
2,120
2,051
1,936
1,834
1,559
1,919
1,882
1,957
1,457
3,562
3,408
Total Equity
- -
- -
20.51
18.79
11.15
- -
27.81
15.12
15.77
- -
- -
23.21
23.08
17.54
15.52
10.87
9.42
Return on Invested Capital (%)
- -
- -
19.77
18.76
10.28
- -
27.06
14.31
14.37
- -
- -
24.34
21.38
20.33
15.57
8.93
6.49
Return on Capital (%)
20.56
10.98
20.66
19.43
11.49
- -
33.72
17.81
17.93
14.03
-13.47
36.36
30.18
29.04
24.52
16.43
10.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
471
510
509
LT Borrowings
1,304
3,864
4,265
LT Finance Leases
96
255
237
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
185
185
Market Capitalization
8,799
9,657
9,227

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,225
4,710
4,810
Cash, Cash Equivalents & STI
113
284
237
Accounts Receivable, Net
724
956
1,010
Inventories
1,248
2,370
2,418
Total Current Liabilities
1,108
2,236
2,051
Payables & Accruals
637
1,345
1,182
ST Debt
471
510
509
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
28.83%
144.55%
Free Cash Flow
- -
23.14%
40.3%
Net Income, GAAP
- -
-81.43%
-0.5%
Sales/Revenue/Turnover
- -
14%
10.66%
Total Cash Common Dividend
- -
48.4%
1.32%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
696
862
891
822
3,271
2025
712
918
911
1,078
3,619
2026
1,166
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.47
0.35
0.82
0.86
2.46
2025
0.56
0.91
- -
0.35
2.61
2026
-0.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.41
0.2
0.2
0.82
2025
- -
- -
- -
0.21
0.88
2026
- -
- -
- -
- -
- -
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Business
Gildan Activewear Inc is a global manufacturer and marketer of branded basic apparel, specializing in activewear, casual wear, socks, underwear, and hosiery. Its core product portfolio includes well-known brands such as Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, offering a wide range of T-shirts, fleece, sport shirts, socks, underwear, and other apparel products primarily for the North American and international markets. The company operates a vertically integrated business model with manufacturing facilities across the Americas to maintain efficiency and control throughout its supply chain. Founded in 1984 and headquartered in Montreal, Canada, Gildan serves various market segments including retail, wholesale, and promotional products. In 2025, Gildan announced a major strategic acquisition of HanesBrands Inc., a leading intimate apparel company with iconic brands such as Hanes, Bonds, Maidenform, and Bali. This merger, valued at approximately $4.4 billion, is expected to close in late 2025 or early 2026 and aims to create a global leader in basic apparel by combining Gildan’s strength in activewear with HanesBrands’ retail innerwear presence. The acquisition significantly expands Gildan’s product offerings, geographic reach, and market scale while leveraging synergies from its low-cost vertically integrated manufacturing platform. The company also introduced new product innovations in 2025, including Soft Cotton Technology, and maintained robust sales growth in activewear, reflecting its ongoing focus on capacity expansion, innovation, and sustainability. Gildan actively pursues sustainability initiatives with commitments to reduce water usage, increase recycled materials in products, and produce carbon-neutral apparel lines. Its recent financial performance demonstrates record revenues and earnings per share, driven by growth in activewear and strategic market expansions. The company continues to emphasize operational discipline, competitive positioning, and ESG principles in its growth strategy, aiming to deliver long-term shareholder value through its global basic apparel leadership and enhanced product portfolio after the HanesBrands acquisition.