InsiderClue
Stocks · Consumer discretionary · Apparel & Other Finishd Prods of Fabrics & Similar Matl

Gildan Activewear Inc.

GIL Clue Score43
Canada (Federal Level) Fiscal year ends January CIK 0001061894
$42.16 +0.45% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $42.16 +19.47% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue2.59Operating income0.37Net income0.35EPS, diluted1.47Fiscal year 2017Revenue2.75 +6.4%Operating income0.40Net income0.36 +4.5%EPS, diluted1.61 +9.5%Fiscal year 2018Revenue2.91 +5.7%Operating income0.40Net income0.35 −3.2%EPS, diluted1.66 +3.1%Fiscal year 2019Revenue2.82 −2.9%Operating income0.29Net income0.26 −25.9%EPS, diluted1.27 −23.5%Fiscal year 2021Revenue1.98 −29.8%Operating income−0.18Net income−0.23 −186.7%EPS, diluted−1.14 −189.8%Fiscal year 2022Revenue2.92 +47.5%Operating income0.65Net income0.61EPS, diluted3.07Fiscal year 2023Revenue3.24 +10.9%Operating income0.60Net income0.54 −10.8%EPS, diluted2.93 −4.6%Fiscal year 2023Revenue3.20 −1.4%Operating income0.64Net income0.53 −1.5%EPS, diluted3.03 +3.4%Fiscal year 2024Revenue3.27 +2.3%Operating income0.62Net income0.40 −24.9%EPS, diluted2.46 −18.8%Fiscal year 2025Revenue3.62 +10.7%Operating income0.62Net income0.40 −0.5%EPS, diluted2.61 +6.1%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Revenue 2.59 2.75 2.91 2.82 1.98 2.92 3.24 3.20 3.27 3.62
Growth +6.4% +5.7% −2.9% −29.8% +47.5% +10.9% −1.4% +2.3% +10.7%
Operating income 0.37 0.40 0.40 0.29 −0.18 0.65 0.60 0.64 0.62 0.62
Net income 0.35 0.36 0.35 0.26 −0.23 0.61 0.54 0.53 0.40 0.40
Growth +4.5% −3.2% −25.9% −186.7% −10.8% −1.5% −24.9% −0.5%
EPS, diluted 1.47 1.61 1.66 1.27 −1.14 3.07 2.93 3.03 2.46 2.61
Growth +9.5% +3.1% −23.5% −189.8% −4.6% +3.4% −18.8% +6.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin27.8%Operating margin14.4%Net margin13.4%Free cash flow margin15.8%Fiscal year 2017Gross margin29.1%Operating margin14.6%Net margin13.2%Free cash flow margin19.0%Fiscal year 2018Gross margin27.7%Operating margin13.9%Net margin12.1%Free cash flow margin14.8%Fiscal year 2019Gross margin24.9%Operating margin10.2%Net margin9.2%Free cash flow margin8.2%Fiscal year 2021Gross margin12.6%Operating margin−9.1%Net margin−11.4%Free cash flow margin18.4%Fiscal year 2022Gross margin32.2%Operating margin22.3%Net margin20.8%Free cash flow margin16.8%Fiscal year 2023Gross margin30.6%Operating margin18.6%Net margin16.7%Free cash flow margin5.4%Fiscal year 2023Gross margin27.5%Operating margin20.1%Net margin16.7%Free cash flow margin10.7%Fiscal year 2024Gross margin30.7%Operating margin18.9%Net margin12.3%Free cash flow margin10.9%Fiscal year 2025Gross margin31.2%Operating margin17.1%Net margin11.0%Free cash flow margin13.8%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Gross margin 27.8% 29.1% 27.7% 24.9% 12.6% 32.2% 30.6% 27.5% 30.7% 31.2%
Operating margin 14.4% 14.6% 13.9% 10.2% −9.1% 22.3% 18.6% 20.1% 18.9% 17.1%
Net margin 13.4% 13.2% 12.1% 9.2% −11.4% 20.8% 16.7% 16.7% 12.3% 11.0%
Free cash flow margin 15.8% 19.0% 14.8% 8.2% 18.4% 16.8% 5.4% 10.7% 10.9% 13.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.54Capital expenditure−0.13Free cash flow0.41Dividends paid−0.07Fiscal year 2017Operating cash flow0.61Capital expenditure−0.09Free cash flow0.52 +27.6%Dividends paid−0.08Fiscal year 2018Operating cash flow0.54Capital expenditure−0.11Free cash flow0.43 −17.4%Dividends paid−0.09Fiscal year 2019Operating cash flow0.36Capital expenditure−0.13Free cash flow0.23 −46.1%Dividends paid−0.11Fiscal year 2021Operating cash flow0.42Capital expenditure−0.05Free cash flow0.36 +56.8%Dividends paid−0.03Fiscal year 2022Operating cash flow0.62Capital expenditure−0.13Free cash flow0.49 +34.5%Dividends paid−0.09Fiscal year 2023Operating cash flow0.41Capital expenditure−0.24Free cash flow0.17 −64.4%Dividends paid−0.12Fiscal year 2023Operating cash flow0.55Capital expenditure−0.20Free cash flow0.34 +96.9%Dividends paid−0.13Fiscal year 2024Operating cash flow0.50Capital expenditure−0.15Free cash flow0.36 +3.7%Dividends paid−0.13Fiscal year 2025Operating cash flow0.61Capital expenditure−0.11Free cash flow0.50 +40.4%Dividends paid−0.14
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Operating cash flow 0.54 0.61 0.54 0.36 0.42 0.62 0.41 0.55 0.50 0.61
Capital expenditure −0.13 −0.09 −0.11 −0.13 −0.05 −0.13 −0.24 −0.20 −0.15 −0.11
Free cash flow 0.41 0.52 0.43 0.23 0.36 0.49 0.17 0.34 0.36 0.50
Growth +27.6% −17.4% −46.1% +56.8% +34.5% −64.4% +96.9% +3.7% +40.4%
Dividends paid −0.07 −0.08 −0.09 −0.11 −0.03 −0.09 −0.12 −0.13 −0.13 −0.14

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.04Total debt0.60Net cash (debt)−0.56Shareholders’ equity2.12Debt to equity0.28Fiscal year 2017Cash0.05Total debt0.63Net cash (debt)−0.58Shareholders’ equity2.05Debt to equity0.31Fiscal year 2018Cash0.05Total debt0.67Net cash (debt)−0.62Shareholders’ equity1.94Debt to equity0.35Fiscal year 2019Cash0.06Total debt0.85Net cash (debt)−0.78Shareholders’ equity1.83Debt to equity0.46Fiscal year 2021Cash0.51Total debt1.00Net cash (debt)−0.49Shareholders’ equity1.56Debt to equity0.64Fiscal year 2022Cash0.18Total debt0.60Net cash (debt)−0.42Shareholders’ equity1.92Debt to equity0.31Fiscal year 2023Cash0.15Total debt0.78Net cash (debt)−0.63Shareholders’ equity1.88Debt to equity0.41Fiscal year 2023Cash0.09Total debt0.69Net cash (debt)−0.60Shareholders’ equity1.96Debt to equity0.35Fiscal year 2024Cash0.10Total debt1.24Net cash (debt)−1.14Shareholders’ equity1.46Debt to equity0.85Fiscal year 2025Cash0.28Total debt3.86Net cash (debt)−3.58Shareholders’ equity3.56Debt to equity1.08
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Cash 0.04 0.05 0.05 0.06 0.51 0.18 0.15 0.09 0.10 0.28
Total debt 0.60 0.63 0.67 0.85 1.00 0.60 0.78 0.69 1.24 3.86
Net cash (debt) −0.56 −0.58 −0.62 −0.78 −0.49 −0.42 −0.63 −0.60 −1.14 −3.58
Shareholders’ equity 2.12 2.05 1.94 1.83 1.56 1.92 1.88 1.96 1.46 3.56
Debt to equity 0.28 0.31 0.35 0.46 0.64 0.31 0.41 0.35 0.85 1.08

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Jan 2017 FY2017 31 Dec 2017 FY2018 30 Dec 2018 FY2019 29 Dec 2019 FY2021 3 Jan 2021 FY2022 2 Jan 2022 FY2023 1 Jan 2023 FY2023 31 Dec 2023 FY2024 29 Dec 2024 FY2025 28 Dec 2025
Revenue and profit
2.59 2.75 2.91 2.82 1.98 2.92 3.24 3.20 3.27 3.62
Growth +6.4% +5.7% −2.9% −29.8% +47.5% +10.9% −1.4% +2.3% +10.7%
1.87 1.95 2.10 2.12 1.73 1.98 2.25 2.32 2.27 2.49
0.72 0.80 0.81 0.70 0.25 0.94 0.99 0.88 1.00 1.13
Growth +11.3% +0.6% −12.6% −64.6% +277.5% +5.6% −11.3% +14.0% +12.6%
0.34 0.38 0.36 0.34 0.27 0.31 0.33 0.33 0.39 0.39
0.37 0.40 0.40 0.29 −0.18 0.65 0.60 0.64 0.62 0.62
Growth +7.9% +0.5% −28.3% −162.6% −7.4% +6.7% −4.0% +0.3%
0.35 0.38 0.37 0.25 −0.23 0.62 0.57 0.56 0.51 0.47
0.01 0.01 0.02 −0.01 −0.00 0.02 0.02 0.03 0.11 0.08
0.35 0.36 0.35 0.26 −0.23 0.61 0.54 0.53 0.40 0.40
Growth +4.5% −3.2% −25.9% −186.7% −10.8% −1.5% −24.9% −0.5%
Per share
1.47 1.62 1.66 1.27 −1.14 3.08 2.94 3.03 2.46 2.61
1.47 1.61 1.66 1.27 −1.14 3.07 2.93 3.03 2.46 2.61
Growth +9.5% +3.1% −23.5% −189.8% −4.6% +3.4% −18.8% +6.1%
235.4 224.2 211.4 204.2 198.4 197.0 184.1 175.9 162.9 153.0
236.0 224.5 211.7 204.6 198.4 197.6 184.5 176.2 163.2 153.1
Growth −4.9% −5.7% −3.4% −3.1% −0.4% −6.6% −4.5% −7.4% −6.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 12.8% a year over five years.
  • The diluted share count fell 22.8% in five years, so buybacks did some of the work per share.
  • Operating margin is up 26.3 points on five years ago, at 17.1%.
  • A net loss in 1 of 10 years on file.