Gildan Activewear Inc.
GIL · Apparel & Other Finishd Prods of Fabrics & Similar Matl · EDGAR filings ↗
Grade
B75Low-cost, vertically integrated apparel leader with top-decile margins and growth, recently bulked up via the Hanes acquisition.
Strengths
- Operating (17.1%), net (11.0%) and FCF (13.8%) margins all ~90th pct, with ROE 11.2% (83rd pct)
- Revenue growth 10.7% (75th pct) and $500M free cash flow on a scale cost moat
Risks
- Leverage high (debt/equity 1.21, 100th pct) following the December 2025 Hanes acquisition
- Low gross margin (8th pct) reflecting commoditized basics; Hanes integration risk and a Hanes net loss since acquisition
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Notable holderHeld by 5 notable fund(s): FMR LLC, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
Key metrics
Gross margin
31.2%
Operating margin
17.1%
Net margin
11.0%
Return on equity
11.2%
Return on assets
3.8%
ROIC
6.2%
Revenue growth (QoQ)
10.7%
Net-income growth
-0.5%
Debt / equity
1.2×
Current ratio
2.1×
Free cash flow
$500M
Tangible book value
$2.7B
Cash & investments
$284M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-02-26 | 2025-12-28 | 0001061894-26-000006 ↗ |
| 40-F | 2025-02-19 | 2024-12-29 | 0001061894-25-000007 ↗ |
| 40-F | 2024-02-21 | 2023-12-31 | 0001061894-24-000010 ↗ |
| 40-F | 2023-02-23 | 2023-01-01 | 0001061894-23-000007 ↗ |
| 40-F | 2022-02-24 | 2022-01-02 | 0001061894-22-000005 ↗ |
| 40-F | 2021-02-26 | 2021-01-03 | 0001061894-21-000006 ↗ |
| 40-F | 2020-02-21 | 2019-12-29 | 0001061894-20-000009 ↗ |
| 40-F | 2019-02-22 | 2018-12-30 | 0001061894-19-000008 ↗ |
| 40-F | 2018-02-23 | 2017-12-31 | 0001061894-18-000006 ↗ |
| 40-F | 2017-02-24 | 2017-01-01 | 0001061894-17-000007 ↗ |
| 40-F | 2016-02-25 | 2016-01-03 | 0001061894-16-000034 ↗ |
| 40-F | 2014-12-09 | 2014-10-05 | 0001061894-14-000026 ↗ |