The Company in a Nutshell
| Date Reviewed | 08/17/2025 |
| Company Name | Gildan Activewear Inc |
| Symbol | GIL.TO |
| Sector | Consumer Discretionary |
| Industry | Apparel Manufacturing |
| Beta | 1.27 |
| PRO Rating | 3 |
| Dividend Safety | 3 |
Business Model
Gildan Activewear Inc. is a manufacturer of everyday basic apparel. Its product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. Its primary product categories include activewear tops and bottoms (activewear), socks (hosiery), and underwear tops and bottoms (underwear). The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, and under an exclusive licensing agreement for the printwear channel for Champion. It owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh.
| Current price | 85.07 |
| ROE | 23.50 % |
| ROIC | 20.15 % |
| Shareholder Yield | 0.05 % |
| 5-Yr Total Return | 221.55 % |
| 1-Yr Total Return | 32.35 % |
| Next Earnings Date | 10-29-25 |
Latest Quarter Information
What the CEO said:
"The Gildan Sustainable Growth (GSG) strategy continues to drive solid financial performance, as evidenced by our record second quarter results, driven by strong net sales growth of 12% in Activewear. As we navigate through the current fluid operating environment, we are focusing on what we can control, which is allowing us to continue to strengthen our competitive position and drive profitable top line growth. Moreover, our performance reflects the agility and resilience of our low-cost vertically integrated business model which remains the cornerstone of our ability to deliver long-term value for our stakeholders" said Glenn J. Chamandy, Gildan’s President and CEO.
What we say:
2025-08-15, Gildan Activewear Inc reported a good quarter performance on EPS and revenue with +31.1% and +6.5% respectively. Revenue rose on higher activewear shipments in North America and stronger sales in Europe and Asia. EPS grew on volume gains, favorable mix, lower input costs, and efficiencies, partly offset by higher SG&A. Gross margin improved to 33.2% from 31.5% on lower cotton costs and efficiencies. Gildan repurchased 3.4M shares for $119M and paid $37M in dividends. 2025 guidance reaffirmed: adj. EPS $3.55–$3.75, ~2% sales growth, and gross margin above 32%.
Investment Thesis
Dividend Triangle
| 5-Yr Rev. Growth | 11.40 % |
| 5-Yr EPS Growth | 0.00 % |
| 5-Yr Div Growth | 9.95 % |
Potential Risks
| Debt/Equity | 1.15 |
| Financial Debt to EBITDA (TTM) | 2.30 |
| Current Ratio (Quarterly) | 2.20 |
| Credit Score | 84 |
Dividend Growth Perspective
| Dividend ($) | 1.2454 |
| Dividend Yield Fwd | 1.45 % |
| Dividend Frequency | Quarterly |
| Average 5-Yr Yield | 2.00 % |
| Payout Ratio (%) | 33.60 |
| Cash Payout Ratio (%) | 44.05 |
| DGR 1-Yr | 7.15 |
| DGR 3-Yr | 9.80 |
| DGR 5-Yr | 9.95 |
| DGR Streak | |
| Chowder Score | 11.40 |
| Next DVD PMT | 09-15-25 |
Valuation
(Data for `ddm_growth_rate_years` field are missing to build DDM tables)
Video Tutorial: How to Read the Stock Cards DDM Valuation
| Market Cap | 13 B |
| PE Ratio | 19.25 |
| Fwd PE | 15.75 |
| Price to Book Ratio | 6.40 |
| DDM Valuation | 0 |
| Average 5-Yr PE | 14.05 |
| Value Score | 43 |