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Gildan Activewear Inc.

GILConsumer CyclicalNASDAQ

Apparel Manufacturing

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Financials · Annual
Revenue
$3.62B
+10.7% YoY
Net Income
$398.9M
-0.5% YoY
EBITDA
$736.6M
-0.2% YoY
Free Cash Flow
-$1.08B

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About Gildan Activewear Inc.

Gildan Activewear Inc. manufactures and sells various apparel products. The company carries a $10.82B market cap, placing it firmly in the large-cap category. The company provides various activewear products, including T-shirts, fleece tops and bottoms, sports shirts, polos, and tank tops under Gildan, Hanes, Gildan Performance, Gildan Hammer, Gildan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, American Apparel, ALLPRO, ComfortWash, BEEFY, Bonds and Champion brands.

Key stats
Market Cap$10.82B
P/E (TTM)34.16
Fwd P/E10.86
EPS$1.71
Beta1.11
52W Change+22.1%
Dividend Yield1.71%
ROE10.6%
Analysis

The company holds $309.7M in cash, though total debt stands at $5.09B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$1.08B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 10.6%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $3.24B to $3.62B.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Gildan Activewear Inc.'s trajectory.

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