Is the business good?
How good a business is GIII?
G-III Apparel Group, Ltd. earns 10% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10%
Return on invested capital · cost of capital 9.0% · 1.1 points above what the capital costs: growth creates value
- Operating margin
- 6.3%
Operating margin · Apparel Manufacturing median 6.9% · 12 months to Q1 2026
- Cash conversion
- 1.33×
Cash conversion · 1.68× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.2%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 4.0% |
| FY2021 | 11% |
| FY2022 | −3.4% |
| FY2023 | 9.2% |
| FY2024 | 9.2% |
| FY2025 | 3.6% |
Details›
- Gross margin12 months to Q1 2026
- 43%
- Operating margin12 months to Q1 2026
- 6.3%
- Net margin12 months to Q1 2026
- 4.3%
- Free cash flow margin
- 5.8%
- Revenue, trailing twelve months
- $2.91B
- Free cash flow, trailing twelve months
- $168M
- Net income, trailing twelve months
- $126M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Apparel Manufacturing
Ranks #5 of 11 by Smart Score