Gildan Activewear (GIL) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.3B
Gross Profit
1.0B
30.69%
Operating Income
612.9M
18.74%
Net Income
400.9M
12.26%
EPS (Diluted)
$2.46
Balance Sheet Metrics
Total Assets
3.7B
Total Liabilities
2.3B
Shareholders Equity
1.5B
Debt to Equity
1.55
Cash Flow Metrics
Operating Cash Flow
456.9M
Free Cash Flow
351.0M
Revenue & Profitability Trend
Gildan Activewear Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3.3B | 3.2B | 3.2B | 2.9B | 2.0B |
| Cost of Goods Sold | 2.3B | 2.3B | 2.2B | 2.0B | 1.7B |
| Gross Profit | 1.0B | 880.1M | 992.4M | 940.2M | 249.1M |
| Operating Expenses | 390.8M | 330.4M | 326.3M | 314.2M | 272.3M |
| Operating Income | 612.9M | 549.7M | 666.2M | 626.0M | -23.2M |
| Pre-tax Income | 514.1M | 564.2M | 566.4M | 624.6M | -229.4M |
| Income Tax | 113.2M | 30.6M | 24.9M | 17.4M | -4.1M |
| Net Income | 400.9M | 533.6M | 541.5M | 607.2M | -225.3M |
| EPS (Diluted) | $2.46 | $3.03 | $2.93 | $3.07 | -$1.14 |
Income Statement Trend
Gildan Activewear Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.9B | 1.7B | 1.7B | 1.4B | 1.5B |
| Non-Current Assets | 1.9B | 1.8B | 1.7B | 1.7B | 1.5B |
| Total Assets | 3.7B | 3.5B | 3.4B | 3.1B | 3.0B |
| Liabilities | |||||
| Current Liabilities | 837.5M | 724.1M | 641.7M | 463.6M | 359.6M |
| Non-Current Liabilities | 1.4B | 833.3M | 916.4M | 753.7M | 1.1B |
| Total Liabilities | 2.3B | 1.6B | 1.6B | 1.2B | 1.5B |
| Equity | |||||
| Total Shareholders Equity | 1.5B | 2.0B | 1.9B | 1.9B | 1.6B |
Balance Sheet Composition
Gildan Activewear Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 400.9M | 533.6M | 541.5M | 607.2M | -225.3M |
| Operating Cash Flow | 456.9M | 667.1M | 331.6M | 639.1M | 356.9M |
| Investing Activities | |||||
| Capital Expenditures | -107.1M | -150.1M | -210.5M | -127.5M | -49.8M |
| Investing Cash Flow | -107.1M | -150.1M | -148.4M | -185.1M | -49.8M |
| Financing Activities | |||||
| Dividends Paid | -133.5M | -131.8M | -123.8M | -90.5M | -30.6M |
| Financing Cash Flow | -379.4M | -452.8M | -258.3M | -754.8M | 83.5M |
| Free Cash Flow | 351.0M | 338.6M | 168.9M | 487.3M | 356.7M |
Cash Flow Trend
Gildan Activewear Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
18.52
Forward P/E
9.82
Price to Book
5.09
Price to Sales
2.18
PEG Ratio
9.82
Profitability Ratios
Profit Margin
12.38%
Operating Margin
17.90%
Return on Equity
24.40%
Return on Assets
11.47%
Financial Health
Current Ratio
3.91
Debt to Equity
137.32
Beta
1.23
Per Share Data
EPS (TTM)
$2.55
Book Value per Share
$9.28
Revenue per Share
$20.71
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| gil | 7.2B | 18.52 | 5.09 | 24.40% | 12.38% | 137.32 |
| Ralph Lauren | 16.3B | 23.28 | 6.43 | 29.49% | 10.49% | 103.08 |
| Levi Strauss | 7.4B | 20.69 | 3.62 | 17.98% | 5.56% | 106.06 |
| V.F | 4.6B | 64.94 | 3.06 | 4.41% | -2.00% | 360.78 |
| Kontoor Brands | 3.5B | 15.61 | 8.25 | 56.32% | 8.82% | 185.51 |
| Columbia Sportswear | 3.3B | 15.61 | 1.94 | 12.34% | 6.61% | 26.72 |
Financial data is updated regularly. All figures are in the company's reporting currency.