Gildan Activewear Inc. (GIL) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.081x

Based on the latest financial reports, Gildan Activewear Inc. (GIL) has a cash flow conversion efficiency ratio of -0.081x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-274.89 Million ≈ $-198.85 Million USD) by net assets (CA$3.41 Billion ≈ $2.47 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Gildan Activewear Inc. to measure how much of total assets are equity-financed.

Gildan Activewear Inc. - Cash Flow Conversion Efficiency Trend (1997–2025)

This chart illustrates how Gildan Activewear Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check GIL operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Gildan Activewear Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Gildan Activewear Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BAWAG Group AG VI:BG	0.135x
SouthState Corporation NYSE:SSB	0.014x
Zhengzhou Yutong Bus Co Ltd SHG:600066	0.005x
CPFL Energia S.A SA:CPFE3	0.060x
Advanced Drainage Systems Inc NYSE:WMS	0.020x
YARA INTL ASA ADR NK170 F:IU20	0.057x
Mazagon Dock Shipbuilders Limited NSE:MAZDOCK	0.004x
Wintrust Financial Corporation NASDAQ:WTFC	0.029x

Annual Cash Flow Conversion Efficiency for Gildan Activewear Inc. (1997–2025)

The table below shows the annual cash flow conversion efficiency of Gildan Activewear Inc. from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see GIL company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$3.56 Billion ≈ $2.57 Billion	CA$585.54 Million ≈ $423.57 Million	0.165x	-52.16%
2024-12-31	CA$1.46 Billion ≈ $1.05 Billion	CA$501.39 Million ≈ $362.70 Million	0.344x	+23.26%
2023-12-31	CA$1.96 Billion ≈ $1.42 Billion	CA$546.61 Million ≈ $395.41 Million	0.279x	+27.11%
2022-12-31	CA$1.88 Billion ≈ $1.36 Billion	CA$413.49 Million ≈ $299.11 Million	0.220x	-31.71%
2021-12-31	CA$1.92 Billion ≈ $1.39 Billion	CA$617.51 Million ≈ $446.70 Million	0.322x	+20.84%
2020-12-31	CA$1.56 Billion ≈ $1.13 Billion	CA$415.03 Million ≈ $300.23 Million	0.266x	+35.28%
2019-12-31	CA$1.83 Billion ≈ $1.33 Billion	CA$361.03 Million ≈ $261.16 Million	0.197x	-29.25%
2018-12-31	CA$1.94 Billion ≈ $1.40 Billion	CA$538.54 Million ≈ $389.57 Million	0.278x	-6.97%
2017-12-31	CA$2.05 Billion ≈ $1.48 Billion	CA$613.36 Million ≈ $443.70 Million	0.299x	+17.82%
2016-12-31	CA$2.12 Billion ≈ $1.53 Billion	CA$537.90 Million ≈ $389.11 Million	0.254x	+145.81%
2015-12-31	CA$2.13 Billion ≈ $1.54 Billion	CA$219.81 Million ≈ $159.01 Million	0.103x	-20.90%
2014-12-31	CA$2.02 Billion ≈ $1.46 Billion	CA$264.10 Million ≈ $191.05 Million	0.131x	-47.46%
2013-12-31	CA$1.72 Billion ≈ $1.24 Billion	CA$427.16 Million ≈ $309.00 Million	0.248x	+61.37%
2012-12-31	CA$1.43 Billion ≈ $1.03 Billion	CA$219.58 Million ≈ $158.84 Million	0.154x	+13.53%
2011-12-31	CA$1.34 Billion ≈ $968.52 Million	CA$181.55 Million ≈ $131.33 Million	0.136x	-49.39%
2010-12-31	CA$1.13 Billion ≈ $814.16 Million	CA$301.55 Million ≈ $218.14 Million	0.268x	+45.39%
2009-12-31	CA$918.06 Million ≈ $664.11 Million	CA$169.18 Million ≈ $122.38 Million	0.184x	-36.79%
2008-12-31	CA$819.50 Million ≈ $592.81 Million	CA$238.90 Million ≈ $172.82 Million	0.292x	+114.44%
2007-12-31	CA$670.58 Million ≈ $485.09 Million	CA$91.16 Million ≈ $65.95 Million	0.136x	-23.04%
2006-12-31	CA$536.74 Million ≈ $388.27 Million	CA$94.81 Million ≈ $68.59 Million	0.177x	-19.31%
2005-12-31	CA$425.51 Million ≈ $307.81 Million	CA$93.15 Million ≈ $67.39 Million	0.219x	+21.72%
2004-12-31	CA$327.27 Million ≈ $236.74 Million	CA$58.86 Million ≈ $42.58 Million	0.180x	-29.40%
2003-12-31	CA$261.67 Million ≈ $189.29 Million	CA$66.66 Million ≈ $48.22 Million	0.255x	-61.39%
2002-12-31	CA$170.07 Million ≈ $123.03 Million	CA$112.22 Million ≈ $81.18 Million	0.660x	+1163.06%
2001-12-31	CA$126.10 Million ≈ $91.22 Million	CA$-7.83 Million ≈ $-5.66 Million	-0.062x	-130.36%
2000-12-31	CA$131.16 Million ≈ $94.88 Million	CA$26.81 Million ≈ $19.40 Million	0.204x	+162.04%
1999-12-31	CA$95.82 Million ≈ $69.32 Million	CA$-31.57 Million ≈ $-22.84 Million	-0.330x	-2.68%
1998-12-31	CA$34.99 Million ≈ $25.31 Million	CA$-11.23 Million ≈ $-8.12 Million	-0.321x	-0.73%
1997-12-31	CA$11.30 Million ≈ $8.17 Million	CA$-3.60 Million ≈ $-2.60 Million	-0.319x	--

About Gildan Activewear Inc.

TO:GIL Canada Apparel Manufacturing

Market Cap

$10.40 Billion

CA$14.37 Billion CAD

Market Cap Rank

#2156 Global

#72 in Canada

Share Price

CA$77.60

Change (1 day)

+5.77%

52-Week Range

CA$67.65 - CA$99.00

All Time High

CA$99.00