Gildan Activewr Financials
Gildan Activewr (GIL) reported $3.6B in revenue for fiscal year 2025, up 10.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a cash-generative business carrying a much heavier working-capital balance sheet without matching improvement in profit efficiency.
In FY2025, cash conversion improved because operating cash flow of$606M comfortably exceeded net income of$399M . That strength came alongside lower asset productivity: ROA dropped from10.8% to3.8% , implying recent balance-sheet growth is earning less profit per dollar tied up in the business.
The striking change is balance-sheet scale, not just sales growth: assets nearly tripled to
Income statement progress was muted even with higher sales: net income stayed around
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gildan Activewr's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Gildan Activewr, and counted as zero in the overall score.
Gildan Activewr's revenue grew 10.7% year-over-year to $3.6B, a solid pace of expansion. This earns a growth score of 55/100.
Gildan Activewr carries a low D/E ratio of 0.07, meaning only $0.07 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 82/100, indicating a strong balance sheet with room for future borrowing.
Gildan Activewr's current ratio of 2.11 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
Gildan Activewr converts 13.8% of revenue into free cash flow ($499.9M). This strong cash generation earns a score of 73/100.
Not available for Gildan Activewr, and counted as zero in the overall score.
Gildan Activewr passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Gildan Activewr generates $1.52 in operating cash flow ($606.3M OCF vs $398.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Gildan Activewr generated $3.6B in revenue in fiscal year 2025. This represents an increase of 10.7% from the prior year.
Gildan Activewr reported $398.9M in net income in fiscal year 2025. This represents a decrease of 0.5% from the prior year.
Gildan Activewr earned $2.57 per diluted share (EPS) in fiscal year 2025. This represents an increase of 4.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Gildan Activewr generated $499.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 40.4% from the prior year.
Gildan Activewr held $284.5M in cash against $254.7M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Gildan Activewr's net profit margin was 11.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.2 percentage points from the prior year.
Gildan Activewr's ROE was 11.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 16.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Gildan Activewr invested $106.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 26.8% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
GIL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY23 | FY22 | FY21 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6B+10.7% | $3.3B+2.3% | $3.2B | $3.2B+10.9% | $2.9B+47.5% | $2.0B | $2.8B-2.9% | $2.9B+5.7% | $2.8B | $2.6B |
| Interest Expense | -$148.7M-42.8% | -$104.2M-30.7% | -$79.7M | -$37.0M-35.2% | -$27.3M+43.7% | -$48.5M | -$39.2M-26.2% | -$31.0M-28.4% | -$24.2M | -$19.7M |
| Income Tax | $77.3M-31.8% | $113.2M+270.0% | $30.6M | $24.9M+43.2% | $17.4M+524.7% | -$4.1M | -$10.0M-146.7% | $21.4M+47.5% | $14.5M | $5.2M |
| Net Income | $398.9M-0.5% | $400.9M-24.9% | $533.6M | $541.5M-10.8% | $607.2M+369.5% | -$225.3M | $259.8M-25.9% | $350.8M-3.2% | $362.3M | $346.6M |
| EPS (Diluted) | $2.57+4.5% | $2.46 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income.
No annual filing on record for: FY2020.
GIL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY23 | FY22 | FY21 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $10.5B+181.7% | $3.7B+5.7% | $3.5B | $3.4B+9.7% | $3.1B+3.8% | $3.0B | $3.2B+6.9% | $3.0B+0.8% | $3.0B | $3.0B |
| Current Assets | $4.7B+153.4% | $1.9B+10.1% | $1.7B | $1.7B+19.3% | $1.4B-6.3% | $1.5B | $1.5B+9.5% | $1.4B+5.7% | $1.3B | $1.3B |
| Cash & Equivalents | $284.5M+187.9% | $98.8M+10.2% | $89.6M | $150.4M-16.1% | $179.2M-64.5% | $505.3M | $64.1M+37.4% | $46.7M-11.6% | $52.8M | $38.2M |
| Inventory | $2.4B+113.4% | $1.1B+1.9% | $1.1B | $1.2B+58.3% | $774.4M+6.4% | $728.0M | $1.1B+11.9% | $940.0M-0.6% | $945.7M | $954.9M |
| Goodwill | $868.8M+219.8% | $271.7M0.0% | $271.7M | $271.7M-4.3% | $283.8M+37.4% | $206.6M | $227.9M+0.2% | $227.4M+0.3% | $226.6M | $202.1M |
| Total Liabilities | $6.9B+205.6% | $2.3B+45.0% | $1.6B | $1.6B+28.0% | $1.2B-16.7% | $1.5B | $1.4B+28.8% | $1.1B+15.0% | $929.3M | $870.5M |
| Current Liabilities | $2.2B+166.9% | $837.5M+15.7% | $724.1M | $641.7M+38.4% | $463.6M+28.9% | $359.6M | $422.4M+21.7% | $347.0M+34.2% | $258.5M | $235.9M |
| Long-Term Debt | $254.7M+155.6% | $99.7M+18.8% | $83.9M | $80.2M-14.6% | $93.8M+40.9% | $66.6M | $67.0M | N/A | N/A | N/A |
| Total Equity | $3.6B+144.5% | $1.5B-25.6% | $2.0B | $1.9B-1.9% | $1.9B+23.1% | $1.6B | $1.8B-5.1% | $1.9B-5.7% | $2.1B | $2.1B |
| Retained Earnings | $1.2B+4.7% | $1.1B-30.6% | $1.6B | $1.6B-0.9% | $1.6B+18.1% | $1.4B | $1.6B-6.5% | $1.7B-6.1% | $1.9B | $1.9B |
Not reported in any period shown, so not listed: Accounts Receivable.
No annual filing on record for: FY2020.
GIL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY23 | FY22 | FY21 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $606.3M+20.9% | $501.4M-8.3% | $546.6M | $413.5M-33.0% | $617.5M+48.8% | $415.0M | $361.0M-33.0% | $538.5M-12.2% | $613.4M | $537.9M |
| Capital Expenditures | $106.4M-26.8% | $145.3M-28.5% | $203.3M | $239.1M+87.6% | $127.5M+151.5% | $50.7M | $128.7M+19.5% | $107.7M+17.1% | $92.0M | $129.4M |
| Free Cash Flow | $499.9M+40.4% | $356.1M+3.7% | $343.3M | $174.4M-64.4% | $490.1M+34.5% | $364.4M | $232.4M-46.1% | $430.9M-17.4% | $521.4M | $408.5M |
| Investing Cash Flow | -$236.0M-110.5% | -$112.1M+27.6% | -$154.9M | -$182.4M+2.9% | -$187.8M-226.6% | -$57.5M | -$135.8M-22.4% | -$110.9M+47.2% | -$210.0M | -$303.4M |
| Financing Cash Flow | -$177.1M+53.3% | -$379.4M+16.2% | -$452.8M | -$258.3M+65.8% | -$754.8M-1003.5% | $83.5M | -$207.8M+52.0% | -$433.2M-11.3% | -$389.3M | -$246.3M |
| Dividends Paid | $135.2M+1.3% | $133.5M+1.3% | $131.8M | $123.8M+36.8% | $90.5M+196.1% | $30.6M | $110.3M+16.7% | $94.6M+11.5% | $84.8M | $74.4M |
Not reported in any period shown, so not listed: Share Buybacks.
No annual filing on record for: FY2020.
GIL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY23 | FY22 | FY21 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 11.0%-1.2pp | 12.3%-4.4pp | 16.7% | 16.7%-4.1pp | 20.8%+32.1pp | -11.4% | 9.2%-2.9pp | 12.1%-1.1pp | 13.2% | 13.4% |
| Return on Equity | 11.2%-16.3pp | 27.5%+0.3pp | 27.3% | 28.8%-2.9pp | 31.6%+46.1pp | -14.4% | 14.2%-4.0pp | 18.1%+0.5pp | 17.7% | 16.4% |
| Return on Assets | 3.8%-7.0pp | 10.8%-4.4pp | 15.2% | 15.7%-3.6pp | 19.4%+26.8pp | -7.5% | 8.1%-3.6pp | 11.7%-0.5pp | 12.2% | 11.6% |
| Current Ratio | 2.11-0.1x | 2.22-0.1x | 2.33 | 2.69-0.4x | 3.12-1.2x | 4.29 | 3.58-0.4x | 3.99-1.1x | 5.06 | 5.68 |
| Debt-to-Equity | 0.070.0x | 0.070.0x | 0.04 | 0.040.0x | 0.050.0x | 0.04 | 0.04-0.5x | 0.55+0.1x | 0.45 | 0.41 |
| FCF Margin | 13.8%+2.9pp | 10.9%+0.2pp | 10.7% | 5.4%-11.4pp | 16.8%-1.6pp | 18.4% | 8.2%-6.6pp | 14.8%-4.1pp | 18.9% | 15.8% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
No annual filing on record for: FY2020.
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Where Gildan Activewr Ranks
Frequently Asked Questions
What is Gildan Activewr's annual revenue?
Gildan Activewr (GIL) reported $3.6B in total revenue for fiscal year 2025. This represents a 10.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gildan Activewr's revenue growing?
Gildan Activewr (GIL) revenue grew by 10.7% year-over-year, from $3.3B to $3.6B in fiscal year 2025.
Is Gildan Activewr profitable?
Yes, Gildan Activewr (GIL) reported a net income of $398.9M in fiscal year 2025, with a net profit margin of 11.0%.
How much debt does Gildan Activewr have?
As of fiscal year 2025, Gildan Activewr (GIL) had $284.5M in cash and equivalents against $254.7M in long-term debt.
What is Gildan Activewr's net profit margin?
Gildan Activewr (GIL) had a net profit margin of 11.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gildan Activewr's return on equity (ROE)?
Gildan Activewr (GIL) has a return on equity of 11.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gildan Activewr's free cash flow?
Gildan Activewr (GIL) generated $499.9M in free cash flow during fiscal year 2025. This represents a 40.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gildan Activewr's operating cash flow?
Gildan Activewr (GIL) generated $606.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gildan Activewr's total assets?
Gildan Activewr (GIL) had $10.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gildan Activewr's capital expenditures?
Gildan Activewr (GIL) invested $106.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gildan Activewr's current ratio?
Gildan Activewr (GIL) had a current ratio of 2.11 as of fiscal year 2025, which is generally considered healthy.
What is Gildan Activewr's debt-to-equity ratio?
Gildan Activewr (GIL) had a debt-to-equity ratio of 0.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gildan Activewr's return on assets (ROA)?
Gildan Activewr (GIL) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gildan Activewr's Piotroski F-Score?
Gildan Activewr (GIL) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gildan Activewr's earnings high quality?
Gildan Activewr (GIL) has an earnings quality ratio of 1.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Gildan Activewr?
Gildan Activewr (GIL) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.