Is the business good?
How good a business is GIC?
Global Industrial Company earns 31% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
31%
Return on invested capital · cost of capital 9.0% · 22 points above what the capital costs: growth creates value
- Operating margin
- 7.1%
Operating margin · Industrial Distribution median 8.5% · 12 months to Q1 2026
- Cash conversion
- 1.03×
Cash conversion · 0.73× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.26%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 8.2% |
| FY2021 | 8.3% |
| FY2022 | 9.0% |
| FY2023 | 7.6% |
| FY2024 | 6.1% |
| FY2025 | 7.1% |
Details›
- Gross margin12 months to Q1 2026
- 36%
- Operating margin12 months to Q1 2026
- 7.1%
- Net margin12 months to Q1 2026
- 5.3%
- Free cash flow margin
- 5.5%
- Revenue, trailing twelve months
- $1.41B
- Free cash flow, trailing twelve months
- $77M
- Net income, trailing twelve months
- $75M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 31%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Industrial Distribution
Ranks #6 of 17 by Smart Score