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Gildan Activewear
(TSX:GIL)
Gildan Activewear (GIL) vs. iShares MSCI Canada ETF (EWC)
Gildan Activewear Business Overview & Revenue Model
Gildan Activewear Earnings Call Summary
Gildan Activewear Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.34B | 3.27B | 3.20B | 3.24B | 2.92B | 1.98B |
| Gross Profit | 1.04B | 1.00B | 880.05M | 992.41M | 940.21M | 249.06M |
| EBITDA | 788.76M | 737.74M | 743.03M | 720.12M | 777.69M | -48.51M |
| Net Income | 486.37M | 400.87M | 533.58M | 541.54M | 607.18M | -225.28M |
Balance Sheet | ||||||
| Total Assets | 4.00B | 3.72B | 3.51B | 3.44B | 3.14B | 3.02B |
| Cash, Cash Equivalents and Short-Term Investments | 169.22M | 98.80M | 134.78M | 198.69M | 249.24M | 505.26M |
| Total Debt | 1.98B | 1.65B | 1.08B | 1.02B | 709.10M | 1.08B |
| Total Liabilities | 2.58B | 2.26B | 1.56B | 1.56B | 1.22B | 1.46B |
| Stockholders Equity | 1.42B | 1.46B | 1.96B | 1.88B | 1.92B | 1.56B |
Cash Flow | ||||||
| Free Cash Flow | 308.22M | 351.04M | 338.60M | 168.93M | 487.29M | 356.69M |
| Operating Cash Flow | 434.70M | 501.39M | 546.61M | 413.49M | 617.51M | 415.03M |
| Investing Cash Flow | -89.53M | -112.12M | -154.86M | -182.40M | -187.83M | -57.51M |
| Financing Cash Flow | -349.54M | -379.35M | -452.78M | -258.27M | -754.75M | 83.54M |
Gildan Activewear Technical Analysis
Gildan Activewear Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | C$11.30B | 39.46 | 26.49% | ― | 26.51% | 172.52% | |
| ― | $12.53B | 19.48 | 29.70% | 1.48% | 7.09% | 32.92% | |
| ― | C$2.54B | 13.27 | 10.45% | 7.37% | 3.19% | -0.26% | |
| ― | C$13.37B | 17.18 | 15.20% | 1.62% | 7.90% | 19.55% | |
| ― | $1.90B | 40.31 | 11.35% | ― | 2.45% | -17.73% | |
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | $6.57B | ― | 38.70% | 0.95% | -13.78% | -115.58% |
Gildan Activewear Corporate Events
Gildan Activewear Inc., a leading player in the apparel industry, specializes in manufacturing and selling activewear, hosiery, and underwear, leveraging a vertically integrated business model to maintain cost efficiency.
Gildan Activewear’s Q3 2025 earnings call revealed a generally positive sentiment, underscored by strong financial performance. The company reported record earnings per share (EPS), robust Activewear sales, and significant improvements in gross margin. Despite these achievements, challenges were noted in declining hosiery and international sales, alongside increased selling, general, and administrative (SG&A) and financial expenses. The company’s strategic focus on innovation and the proposed acquisition of HanesBrands were highlighted as promising drivers for future growth.
Gildan Activewear reported record third-quarter revenue of $911 million and adjusted diluted EPS of $1.00, driven by strong sales growth in activewear and effective execution of its Gildan Sustainable Growth strategy. The company announced a proposed combination with HanesBrands, expected to close by early 2026, which aims to enhance its capabilities and market reach, potentially impacting its operations and industry positioning.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$95.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
On October 7, 2025, Gildan Activewear Inc. entered into an indenture agreement with U.S. Bank Trust Company, National Association, as Trustee, to issue debt securities in an unlimited principal amount. This strategic move is expected to enhance Gildan’s financial flexibility and strengthen its position in the apparel industry by providing additional capital resources for growth and operational initiatives.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$73.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
Gildan Activewear Inc. has announced the pricing of a private offering of $1.2 billion in senior unsecured notes, divided into two series with maturities in 2030 and 2035. The proceeds from this offering are intended to finance the acquisition of Hanesbrands Inc., refinance Hanesbrands’ existing debt, and cover related transaction costs. This strategic move is expected to enhance Gildan’s market position by expanding its product portfolio and operational capabilities, potentially impacting stakeholders by increasing the company’s financial leverage and market reach.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$75.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
On August 13, 2025, Gildan Activewear Inc. announced a definitive merger agreement to acquire HanesBrands Inc. The transaction involves a series of mergers and conversions, ultimately making HanesBrands a wholly owned subsidiary of Gildan. The agreement outlines the conversion of HanesBrands’ stock and equity awards into Gildan shares and cash, with specific conditions to be met for the transaction’s completion. If successful, HanesBrands’ stock will be delisted from the NYSE, potentially impacting stakeholders and market positioning.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$90.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
On August 13, 2025, Gildan Activewear Inc. announced a definitive merger agreement to acquire HanesBrands Inc., creating a global leader in basic apparel. The transaction, valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, is expected to double Gildan’s revenues and enhance its market positioning. The merger aims to realize $200 million in annual cost synergies within three years and is anticipated to be immediately accretive to Gildan’s adjusted diluted EPS. The combined entity will benefit from expanded scale, enhanced product diversification, and strengthened go-to-market capabilities, with HanesBrands shareholders owning approximately 19.9% of Gildan shares. The merger has been unanimously approved by both companies’ boards and awaits HanesBrands shareholder approval and regulatory clearances.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$64.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
Gildan Activewear’s recent earnings call conveyed a generally positive sentiment, highlighting significant achievements in sales growth, earnings per share (EPS), and market share expansion. Despite facing some challenges in international markets and specific product categories, the company’s robust financial performance and strategic initiatives indicate confidence in sustained growth.
Gildan Activewear Inc., a leading manufacturer in the apparel industry, is known for its vertically integrated business model and commitment to sustainability. The company recently reported record second-quarter revenue and adjusted diluted EPS, with net sales reaching $919 million, a 6.5% increase from the previous year. Key financial highlights include an operating margin of 21.7% and a record adjusted diluted EPS of $0.97. The company’s Activewear segment showed strong growth, while international sales and the Hosiery and Underwear category faced declines. Gildan’s gross profit improved due to lower raw material costs and favorable pricing, although SG&A expenses increased due to higher administrative costs. Looking ahead, Gildan reaffirms its full-year guidance for 2025, focusing on operational agility and leveraging its competitive positioning to navigate a dynamic market environment.
Gildan Activewear Inc. reported record second-quarter revenue of $919 million, a 6.5% increase from the previous year, driven by a 12% growth in activewear sales. The company also achieved a record adjusted diluted EPS of $0.97 and generated $188 million in cash flow from operations. Despite a decrease in international sales and challenges in the hosiery and underwear categories, Gildan’s strong market positioning and new product innovations contributed to its performance. The company reaffirmed its full-year 2025 guidance, emphasizing its focus on controlling what it can amidst a fluid operating environment.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$47.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.