GIL on NYSE
Gildan Activewear
Logo: Gildan Activewear, Public domain, via Wikimedia Commons5
Canadian clothing company
Gildan Activewear Inc. (pronounced [/ˈɡɪldən/], French: Les Vêtements de Sport Gildan Inc.) is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, hoodies and fleeces, which are subsequently decorated by screen printing companies with designs and logos.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 19, 2026.
Overview
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- TickerGIL on NYSE1
- Industrytextile industry1
- HeadquartersMontreal1
- Websitewww.gildan.com
- Legal formbusiness corporation1
- Listed onNew York Stock Exchange (GIL), Toronto Stock Exchange (GIL)1
- Incorporated inCanada (Federal Level)7
- Business address600 Boulevard De Maisonneuve Ouest, 33Rd Floor, Montreal, H3A 3J27
- LEI549300SB3IBI34M00Z454
- StatusActive4
- LEI statusIssued and current4
- Registered address600 de Maisonneuve Boulevard West, H3A 3J2 Montreal, Canada4
- Registered withCorporations Canada, 169105-84
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Gildan Activewear Inc. (pronounced [/ˈɡɪldən/], French: Les Vêtements de Sport Gildan Inc.) is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, hoodies and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 50,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue69¢$2.5B
- Selling, general and admin11¢$389.4M
- Other costs7¢$264.4M
- Income tax2¢$77.3M
- Profit11¢$398.9M
Out of $3.6B in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending18¢$106.4M
- Dividends paid22¢$135.2M
- Kept or used elsewhere60¢$364.6M
Out of $606.3M of cash from operations.6
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net sales (note 29) | $3.6B | $3.3B |
| Cost of sales | $2.5B | $2.3B |
| Gross profit | $1.1B | $1.0B |
| Selling, general and administrative expenses (note 18(a)) | $389.4M | $390.8M |
| Restructuring and acquisition-related costs (recoveries) (note 19) | $120.6M | -$5.3M |
| Operating income | $619.9M | $618.2M |
| Financial expenses, net (note 16(c)) | $148.7M | $104.2M |
| Earnings before income taxes | -$400.0K | $514.1M |
| Income tax expense (note 20) | $77.3M | $113.2M |
| Net earnings from continuing operations | $393.9M | $400.9M |
| Discontinued operations | $4.9M | $0 |
| Net earnings | $398.9M | $400.9M |
| Cash flow hedges (note 16(d)) | -$37.2M | -$13.7M |
| Actuarial (loss) gain on employee benefit obligations (note 13(a)) | -$2.4M | -$817.0K |
| Translation adjustments | $16.9M | $0 |
| Other comprehensive income | -$22.7M | -$14.5M |
| Comprehensive income | $376.2M | $386.4M |
| Basic (in dollars per share) | $2.61 | $2.46 |
| Diluted (in dollars per share) | $2.61 | $2.46 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (note 6) | $1.5M | $98.8M | |
| Trade accounts receivable (note 7) | $6.7M | $542.4M | |
| Inventories (note 8) | $2.4B | $1.1B | |
| Prepaid expenses, deposits and other current assets | $0 | $107.0M | |
| Assets held for sale (note 23) | $959.3M | $0 | |
| Total current assets | $4.7B | $1.9B | |
| Property, plant and equipment (note 9) | $1.5B | $1.2B | |
| Right-of-use assets | $234.8M | $95.6M | $81.4M |
| Intangible assets (note 11) | $3.0B | $253.3M | $253.3M |
| Goodwill | $868.8M | $271.7M | |
| Deferred tax assets | $23.0M | $21.8M | |
| Other non-current assets | $139.7M | $40.8M | |
| Total non-current assets | $5.8B | $1.9B | |
| Total assets | $10.5B | $3.7B | |
| Accounts payable and accrued liabilities | $900.0K | $490.1M | |
| Income taxes payable | $80.8M | $29.7M | |
| Current portion of lease obligations (note 10(b)) | $59.8M | $17.7M | |
| Current portion of long-term debt (note 12) | $450.0M | $300.0M | |
| Liabilities held for sale (note 23) | $380.9M | $0 | |
| Total current liabilities | $2.2B | $837.5M | |
| Long-term debt (note 12) | $3.9B | $1.2B | |
| Non-current | $254.7M | $99.7M | |
| Other non-current liabilities (note 14) | $29.4M | $19.1M | |
| Employee benefit obligations (note 13) | $118.4M | $37.7M | |
| Total non-current liabilities | $4.7B | $1.4B | |
| Total liabilities | $6.9B | $2.3B | |
| Share capital | $2.3B | $268.6M | |
| Contributed surplus | $112.8M | $69.9M | |
| Retained earnings | $1.2B | $1.1B | |
| Accumulated other comprehensive (loss) income | -$20.3M | -$27.0K | |
| Total equity attributable to shareholders of the Company | $3.6B | $1.5B | $2.0B |
| Total liabilities and equity | $10.5B | $3.7B | |
| Deferred income taxes (note 20) | $401.1M | $28.6M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (note 6) | $1.5M | $98.8M | |
| Trade accounts receivable (note 7) | $6.7M | $542.4M | |
| Inventories (note 8) | $2.4B | $1.1B | |
| Prepaid expenses, deposits and other current assets | $0 | $107.0M | |
| Assets held for sale (note 23) | $959.3M | $0 | |
| Total current assets | $4.7B | $1.9B | |
| Property, plant and equipment (note 9) | $1.5B | $1.2B | |
| Right-of-use assets | $234.8M | $95.6M | $81.4M |
| Intangible assets (note 11) | $3.0B | $253.3M | $253.3M |
| Goodwill | $868.8M | $271.7M | |
| Deferred tax assets | $23.0M | $21.8M | |
| Other non-current assets | $139.7M | $40.8M | |
| Total non-current assets | $5.8B | $1.9B | |
| Total assets | $10.5B | $3.7B | |
| Accounts payable and accrued liabilities | $900.0K | $490.1M | |
| Income taxes payable | $80.8M | $29.7M | |
| Current portion of lease obligations (note 10(b)) | $59.8M | $17.7M | |
| Current portion of long-term debt (note 12) | $450.0M | $300.0M | |
| Liabilities held for sale (note 23) | $380.9M | $0 | |
| Total current liabilities | $2.2B | $837.5M | |
| Long-term debt (note 12) | $3.9B | $1.2B | |
| Non-current | $254.7M | $99.7M | |
| Other non-current liabilities (note 14) | $29.4M | $19.1M | |
| Employee benefit obligations (note 13) | $118.4M | $37.7M | |
| Total non-current liabilities | $4.7B | $1.4B | |
| Total liabilities | $6.9B | $2.3B | |
| Share capital | $2.3B | $268.6M | |
| Contributed surplus | $112.8M | $69.9M | |
| Retained earnings | $1.2B | $1.1B | |
| Accumulated other comprehensive (loss) income | -$20.3M | -$27.0K | |
| Total equity attributable to shareholders of the Company | $3.6B | $1.5B | $2.0B |
| Total liabilities and equity | $10.5B | $3.7B | |
| Deferred income taxes (note 20) | $401.1M | $28.6M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net earnings | $398.9M | $400.9M |
| Depreciation and amortization (note 22) | $147.6M | $138.2M |
| Loss (gain) on disposal of PP&E, intangible assets, and right-of-use assets | $4.2M | -$212.0K |
| Share-based compensation | $48.0M | $64.5M |
| Deferred income taxes (note 20) | -$4.7M | $12.7M |
| Other (note 24(a)) | $23.6M | -$48.7M |
| Changes in working capital balances (note 24(c)) | -$11.2M | -$65.9M |
| Cash flows from (used in) operating activities | $606.3M | $501.4M |
| Purchase of property, plant and equipment | -$106.4M | -$145.3M |
| Purchase of intangible assets | -$7.4M | -$5.0M |
| Business acquisitions (note 5) | -$122.7M | $0 |
| Proceeds from sale and leaseback, disposal of assets held for sale and other disposals of PP&E | $521.0K | $38.2M |
| Cash flows from (used in) investing activities | -$236.0M | -$112.1M |
| Increase (Decrease) in amounts drawn under long-term bank credit facility | $240.0M | -$235.0M |
| Proceeds from term loan (note 12) | $1.1B | $300.0M |
| Repayment of Hanes accounts receivable securitization facility (note 5) | -$115.0M | $0 |
| Repayment of Hanes debt (note 5) | -$2.3B | $0 |
| Proceeds from issuance of Senior unsecured notes (note 12) | $1.7B | $500.0M |
| Repayment of delayed draw term loan (note 12) | -$300.0M | $0 |
| Bridge facility commitment fees | -$9.3M | $0 |
| Net interest expense incurred on bond issuance prior to Hanes transaction close | -$2.9M | $0 |
| Debt breakage fee (note 5) | $31.8M | $0 |
| Dividends paid | -$135.2M | -$133.5M |
| Repurchase and cancellation of shares (note 15d)) | -$183.5M | -$755.6M |
| Other (note 24(d)) | -$105.1M | -$55.3M |
| Cash flows from (used in) financing activities | -$177.1M | -$379.4M |
| Effect of exchange rate changes on cash and cash equivalents denominated in foreign currencies | $2.9M | -$764.0K |
| Net increase (decrease) in cash and cash equivalents during the fiscal year | $196.2M | $9.2M |
| Interest | $108.0M | $78.2M |
| Income taxes, net of refunds | $29.5M | $47.9M |
No quarter-by-quarter statement was filed.
Acquisitions
Gildan opened its first offshore sewing facility in Honduras, in 1997. The plant was vertically integrated and employed 1,200 workers. A year later, the company achieved an initial public offering and was listed publicly on both the Toronto Stock Exchange and the NYSE American (then the American Stock Exchange).
By 2001, Gildan was the leading distributor of 100% cotton T-shirts in the US as determined by the ACNielsen S.T.A.R.S. Report. The next year, the company opened a knitting, bleaching, dyeing, finishing, and cutting facility in Rio Nance, Honduras.
In 2010, the company invested $15m in Shahriyar Fabric Industries Limited in Bangladesh to support planned growth in Asia and Europe.
In May 2012, Gildan again expanded with its purchase of 130-year old apparel maker Anvil Holdings, Inc., the parent company of Anvil Knitwear and producer of environmentally-friendly lines of sustainable, recycled, and organic apparel.
Read the full text
In 2014, Gildan acquired Doris Hosiery for CA$110 million.
In February 2015, Gildan announced its intent to purchase the Comfort Colors brand and assets, for a total purchase price of approximately US$100 million.
In 2016, Gildan announced its $55 million purchase of PEDS Legwear.
In 2017, Gildan acquired American clothing company American Apparel for $88 million.
In 2021, Gildan acquired 100 percent of the equity interests of Phoenix Sanford, LLC.
On 11 December 2023, Glenn J. Chamandy left his position as president and chief executive officer and director of the company. Vince Tyra was appointed president and CEO effective 12 February 2024, with Craig A. Leavitt assuming the position of president and Chief executive officer during the interim period.
On 19 March 2024, Gildan announced its intention to sell the company after a special committee review and amid a battle between its top stockholders, following the dismissal and proposed reinstatement of co-founder Glenn Chamandy as CEO.
On 13 August 2025, Gildan agreed to purchase American undergarments manufacturer Hanesbrands for US$2.2 billion in cash and stock. The deal is expected to close in late 2025 or early 2026. Shareholders have approved the deal.
In July 2026, Gildan entered an agreement to sell its Hanesbrands Australia business to BB FIT Investments for US$490 million.
From Wikipedia’s article on Gildan, shared under CC BY-SA 4.0.8
Former names
- GILDAN ACTIVEWEAR INCApr 15, 1999 to Jan 9, 20077
Timeline
- May 8, 1984Founded Founded1
Filings
147 filings to the SEC since October 2021: 6 annual reports, 42 large holders, 99 other. The latest 20:
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 20266-K EDGAR
- Jul 30, 20266-K EDGAR
- Jul 30, 20266-K EDGAR
- Jun 25, 202611-K EDGAR
- May 28, 2026SD EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 6, 2026144 EDGAR
- May 1, 20266-K EDGAR
- Apr 30, 20266-K EDGAR
- Apr 30, 20266-K EDGAR
- Mar 26, 20266-K EDGAR
- Mar 5, 2026SCHEDULE 13G EDGAR
- Feb 26, 20266-K EDGAR
- Feb 26, 202640-F EDGAR
- Feb 26, 20266-K EDGAR
- Feb 17, 2026SCHEDULE 13G/A EDGAR
- Dec 16, 20256-K EDGAR
- Dec 9, 2025144 EDGAR
- Dec 5, 20256-K EDGAR
The 147 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- De Depot Et Placement Du Quebec CaisseSCHEDULE 13G/A, 3 filings Feb 14, 2022 to Aug 14, 202617
- Janus Henderson Group Ltd.SCHEDULE 13G/A, 5 filings May 14, 2025 to May 15, 202618
- 1832 Asset Management L.P.SCHEDULE 13G/A, 3 filings Apr 15, 2025 to Oct 16, 202519
- COOKE & BIELER LPSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Aug 12, 202520
- FMR LLCSCHEDULE 13G/A, 4 filings Feb 9, 2022 to Feb 12, 202521
- JARISLOWSKY, FRASER LtdSCHEDULE 13G/A, 5 filings Feb 14, 2022 to Feb 10, 202522
- BROWNING WEST LPSC 13D/A, 8 filings Jan 8, 2024 to Dec 4, 202423
- PZENA INVESTMENT MANAGEMENT LLCSCHEDULE 13G, 5 filings Jan 24, 2022 to Oct 22, 202424
- Coliseum Capital Management, LLCSC 13D/A, 5 filings May 15, 2023 to Aug 21, 202425
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Caisse de depot et placement du Quebec | 11,679,294 | $601.9M | 0.9% | +1,238,000 |
| Jupiter Topco LLC | 11,111,694 | $573.4M | 0.2% | New |
| Mackenzie Financial Corp | 6,748,764 | $493.5M | 0.5% | +165,341 |
| Royal Bank Of Canada | 6,829,868 | $352.4M | 0.1% | −81,721 |
| Cooke & Bieler LP | 6,521,892 | $336.5M | 3.9% | +197,826 |
| 1832 Asset Management L.P. | 6,395,460 | $330.0M | 0.4% | +561,272 |
| Bank Of Montreal /can/ | 5,852,695 | $301.4M | 0.1% | +995,763 |
| Vanguard Capital Management LLC | 5,108,817 | $263.4M | 0.0% | +117,988 |
| Fmr LLC | 4,788,997 | $246.9M | 0.0% | −7,839 |
| Manufacturers Life Insurance Company, The | 4,561,775 | $234.8M | 0.2% | −2,144,303 |
| Rubric Capital Management LP | 4,500,000 | $232.2M | 2.1% | +3,104,210 |
| Browning West LP | 4,178,835 | $215.6M | 12.8% | No change |
| Anomaly Capital Management, LP | 3,750,033 | $193.5M | 7.4% | +145,620 |
| Sachem Head Capital Management LP | 3,640,000 | $187.8M | 3.9% | −500,000 |
| Cardinal Capital Management, Inc. | 3,026,915 | $155.7M | 3.8% | +440,770 |
| CIBC Asset Management Inc | 2,777,963 | $144.4M | 0.3% | +1,562,090 |
| Norges Bank | 2,461,732 | $126.8M | 0.0% | New |
| Point72 Asset Management, L.P. | 2,140,110 | $110.4M | 0.2% | +1,986,386 |
| TD Waterhouse Canada Inc. | 1,947,328 | $101.0M | 0.3% | +121,661 |
| Morgan Stanley | 1,926,749 | $99.4M | 0.0% | −91,319 |
| Geode Capital Management, LLC | 1,852,840 | $95.2M | 0.0% | +203,778 |
| Invesco Ltd. | 1,743,185 | $89.9M | 0.0% | +12,685 |
| Bahl & Gaynor LLC | 1,727,639 | $89.1M | 0.4% | +147,827 |
| Goldman Sachs Group Inc | 1,651,653 | $85.2M | 0.0% | +233,875 |
| Federation des caisses Desjardins du Quebec | 1,648,371 | $84.4M | 0.3% | +868,111 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 17, 2026 | Thomas H. Kean, Jr.Republican, House | Sale | $1,001 - $15,000 | +25.1% | Report |
| Jun 2, 2026 | Thomas H. Kean, Jr.Republican, House | Buy | $1,001 - $15,000 | −29.7% | Report |
| May 11, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −31.6% | Report |
| Apr 29, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −33.8% | Report |
| Apr 27, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −35.3% | Report |
| Apr 24, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −36.4% | Report |
| Apr 22, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −39.4% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Links
- Websitewww.gildan.com1
- X (Twitter)x.com/GildanOnline1
- Facebookwww.facebook.com/GildanOnline1
- Instagramwww.instagram.com/gildanonline1
- LinkedInwww.linkedin.com/company/gildan1
- WikipediaGildan
- WikidataQ1524197
- SEC EDGARCIK 1061894
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGildan Activewear on Wikidata
- 2
- 3WikipediaGildan Activewear on Wikipedia
- 4
- 5Wikimedia CommonsGildan Activewear logo by Gildan Activewear, Public domain
- 6
- 7
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- 9Wikimedia CommonsGildan Activewear photo by MTLskyline, CC BY-SA 3.0
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