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	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	3,362	3,271	3,196	3,240	2,923	1,981
Revenue Growth (YoY)	4.04%	2.34%	-1.38%	10.88%	47.51%	-29.84%
Cost of Revenue	2,291	2,267	2,319	2,281	2,092	1,788
Gross Profit	1,071	1,004	876.95	959.51	830.21	193.26
Selling, General & Admin	340.02	308.07	324.09	326.26	314.17	272.31
Operating Expenses	340.02	308.07	324.09	326.26	311.55	287.76
Operating Income	730.88	695.61	552.86	633.26	518.66	-94.5
Interest Expense	-105.17	-85.45	-57.2	-28.76	-17.73	-33.67
Currency Exchange Gain (Loss)	5.58	3.51	-0.15	2.33	-0.78	-0.23
Other Non Operating Income (Expenses)	-32.92	-22.21	-22.31	-10.52	-8.82	-14.63
EBT Excluding Unusual Items	598.38	591.46	473.19	596.3	491.32	-143.03
Merger & Restructuring Charges	-28.05	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	-2.6	-82.7	-6.3	-	18.3	-6.2
Pretax Income	567.72	514.09	564.18	566.43	624.56	-229.37
Income Tax Expense	92.64	113.22	30.6	24.89	17.38	-4.09
Net Income	475.08	400.87	533.58	541.54	607.18	-225.28
Net Income to Common	475.08	400.87	533.58	541.54	607.18	-225.28
Net Income Growth	12.62%	-24.87%	-1.47%	-10.81%	-	-
Shares Outstanding (Basic)	151	163	176	184	197	198
Shares Outstanding (Diluted)	152	163	176	185	198	198
Shares Change (YoY)	-9.45%	-7.40%	-4.50%	-6.61%	-0.39%	-3.05%
EPS (Basic)	3.14	2.46	3.03	2.94	3.08	-1.14
EPS (Diluted)	3.13	2.46	3.03	2.93	3.07	-1.14
EPS Growth	24.08%	-18.81%	3.41%	-4.56%	-	-
Free Cash Flow	364.02	356.06	343.32	174.36	490.05	364.36
Free Cash Flow Per Share	2.40	2.18	1.95	0.94	2.48	1.84
Dividend Per Share	0.883	0.820	0.744	0.676	0.462	-
Dividend Growth	10.24%	10.21%	10.06%	46.32%	-	-
Gross Margin	31.85%	30.69%	27.44%	29.61%	28.41%	9.75%
Operating Margin	21.74%	21.27%	17.30%	19.54%	17.75%	-4.77%
Profit Margin	14.13%	12.26%	16.70%	16.71%	20.78%	-11.37%
Free Cash Flow Margin	10.83%	10.89%	10.74%	5.38%	16.77%	18.39%
EBITDA	853.43	814.55	655.58	738.01	634.83	31.93
EBITDA Margin	25.38%	24.91%	20.51%	22.78%	21.72%	1.61%
D&A For EBITDA	122.55	118.94	102.72	104.75	116.17	126.43
EBIT	730.88	695.61	552.86	633.26	518.66	-94.5
EBIT Margin	21.74%	21.27%	17.30%	19.54%	17.75%	-4.77%
Effective Tax Rate	16.32%	22.02%	5.42%	4.39%	2.78%	-

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q