Gildan Activewear Inc. (GIL)

Gildan Activewear Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	3,343	3,271	3,196	3,240	2,923	1,981
Revenue Growth (YoY)	4.12%	2.34%	-1.38%	10.88%	47.51%	-29.84%
Cost of Revenue	2,301	2,267	2,319	2,281	2,092	1,788
Gross Profit	1,042	1,004	876.95	959.51	830.21	193.26
Selling, General & Admin	323.06	308.07	324.09	326.26	314.17	272.31
Operating Expenses	323.06	308.07	324.09	326.26	311.55	287.76
Operating Income	718.85	695.61	552.86	633.26	518.66	-94.5
Interest Expense	-101.5	-85.45	-57.2	-28.76	-17.73	-33.67
Currency Exchange Gain (Loss)	5.09	3.51	-0.15	2.33	-0.78	-0.23
Other Non Operating Income (Expenses)	-22.6	-22.21	-22.31	-10.52	-8.82	-14.63
EBT Excluding Unusual Items	599.83	591.46	473.19	596.3	491.32	-143.03
Merger & Restructuring Charges	-9.88	5.33	-45.76	-0.48	-17.23	-97.15
Impairment of Goodwill	-	-	-	-	-	-21.23
Gain (Loss) on Sale of Assets	-	-	25.01	-	-	-
Asset Writedown	-	-	40.77	-62.29	31.46	-72.76
Other Unusual Items	-7.9	-82.7	-6.3	-	18.3	-6.2
Pretax Income	582.06	514.09	564.18	566.43	624.56	-229.37
Income Tax Expense	95.65	113.22	30.6	24.89	17.38	-4.09
Net Income	486.4	400.87	533.58	541.54	607.18	-225.28
Net Income to Common	486.4	400.87	533.58	541.54	607.18	-225.28
Net Income Growth	16.43%	-24.87%	-1.47%	-10.81%	-	-
Shares Outstanding (Basic)	154	163	176	184	197	198
Shares Outstanding (Diluted)	155	163	176	185	198	198
Shares Change (YoY)	-9.63%	-7.40%	-4.50%	-6.61%	-0.39%	-3.05%
EPS (Basic)	3.15	2.46	3.03	2.94	3.08	-1.14
EPS (Diluted)	3.15	2.46	3.03	2.93	3.07	-1.14
EPS Growth	28.88%	-18.81%	3.41%	-4.56%	-	-
Free Cash Flow	311.73	356.06	343.32	174.36	490.05	364.36
Free Cash Flow Per Share	2.02	2.18	1.95	0.94	2.48	1.84
Dividend Per Share	0.862	0.820	0.744	0.676	0.462	-
Dividend Growth	10.23%	10.21%	10.06%	46.32%	-	-
Gross Margin	31.17%	30.69%	27.44%	29.61%	28.41%	9.75%
Operating Margin	21.50%	21.27%	17.30%	19.54%	17.75%	-4.77%
Profit Margin	14.55%	12.26%	16.70%	16.71%	20.78%	-11.37%
Free Cash Flow Margin	9.32%	10.89%	10.74%	5.38%	16.77%	18.39%
EBITDA	839.09	814.55	655.58	738.01	634.83	31.93
EBITDA Margin	25.10%	24.91%	20.51%	22.78%	21.72%	1.61%
D&A For EBITDA	120.25	118.94	102.72	104.75	116.17	126.43
EBIT	718.85	695.61	552.86	633.26	518.66	-94.5
EBIT Margin	21.50%	21.27%	17.30%	19.54%	17.75%	-4.77%
Effective Tax Rate	16.43%	22.02%	5.42%	4.39%	2.78%	-

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q