GILGildan Activewear Inc.

$53.56

Is the business good?

How good a business is GIL?

Gildan Activewear Inc. earns 6.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

6.5%

Return on invested capital · cost of capital 9.0% · 2.5 points below what the capital costs: growth destroys value

Operating margin
17%

Operating margin · Apparel Manufacturing median 6.9% · fiscal year to FY2025

Cash conversion
1.25×

Cash conversion · 0.89× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−6.2%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY2020−9.1%
FY202122%
FY202219%
FY202320%
FY202419%
FY202517%
Details
Gross marginfiscal year to FY2025
31%
Operating marginfiscal year to FY2025
17%
Net marginfiscal year to FY2025
11%
Free cash flow margin
14%
Revenue, trailing twelve months
$3.62B
Free cash flow, trailing twelve months
$500M
Net income, trailing twelve months
$399M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
6.5%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.