Gildan Activewear Inc.
Gildan Activewear Inc. manufactures and sells various apparel products. The company provides various activewear products, including T-shirts, fleece tops and bottoms, sports shirts, polos, and tank tops under Gildan, Hanes, Gildan Performance, Gildan Hammer, Gildan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, American Apparel, ALLPRO, Co… Read more
Gildan Activewear Inc. (GIL) - Net Assets
Latest net assets as of December 2025: $3.56 Billion USD
Based on the latest financial reports, Gildan Activewear Inc. (GIL) has net assets worth $3.56 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.45 Billion) and total liabilities ($6.89 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.56 Billion |
| % of Total Assets | 34.04% |
| Annual Growth Rate | 22.8% |
| 5-Year Change | 85.25% |
| 10-Year Change | 67.75% |
| Growth Volatility | 53.23 |
Gildan Activewear Inc. - Net Assets Trend (1997–2025)
This chart illustrates how Gildan Activewear Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gildan Activewear Inc. (1997–2025)
The table below shows the annual net assets of Gildan Activewear Inc. from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.56 Billion | +144.10% |
| 2024-12-31 | $1.46 Billion | -25.20% |
| 2023-12-31 | $1.95 Billion | +3.52% |
| 2022-12-31 | $1.88 Billion | -1.98% |
| 2021-12-31 | $1.92 Billion | +23.13% |
| 2020-12-31 | $1.56 Billion | -15.02% |
| 2019-12-31 | $1.83 Billion | -5.25% |
| 2018-12-31 | $1.94 Billion | -5.62% |
| 2017-12-31 | $2.05 Billion | -3.22% |
| 2016-12-31 | $2.12 Billion | -3.15% |
| 2016-01-03 | $2.19 Billion | +0.00% |
| 2015-12-31 | $2.19 Billion | +8.15% |
| 2014-12-31 | $2.02 Billion | +16.10% |
| 2013-12-31 | $1.74 Billion | +22.19% |
| 2012-12-31 | $1.43 Billion | +6.53% |
| 2011-12-31 | $1.34 Billion | +18.96% |
| 2010-12-31 | $1.13 Billion | +22.59% |
| 2009-12-31 | $918.06 Million | +12.03% |
| 2008-12-31 | $819.50 Million | +22.21% |
| 2007-12-31 | $670.58 Million | +24.94% |
| 2006-12-31 | $536.74 Million | +26.14% |
| 2005-12-31 | $425.51 Million | +30.02% |
| 2004-12-31 | $327.27 Million | +25.07% |
| 2003-12-31 | $261.67 Million | +53.86% |
| 2002-12-31 | $170.07 Million | +34.87% |
| 2001-12-31 | $126.10 Million | -3.86% |
| 2000-12-31 | $131.16 Million | +36.88% |
| 1999-12-31 | $95.82 Million | +173.89% |
| 1998-12-31 | $34.99 Million | +209.69% |
| 1997-12-31 | $11.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gildan Activewear Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19054.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.17 Billion | 32.85% |
| Common Stock | $2.30 Billion | 64.55% |
| Other Comprehensive Income | $-20.25 Million | -0.57% |
| Other Components | $112.57 Million | 3.17% |
| Total Equity | $3.56 Billion | 100.00% |
Gildan Activewear Inc. Competitors by Market Cap
The table below lists competitors of Gildan Activewear Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alcoa Corp
NYSE:AA
|
$10.77 Billion |
|
Trade Desk Inc
NASDAQ:TTD
|
$10.77 Billion |
|
Aramark
LSE:0HHB
|
$10.78 Billion |
|
ageas SA/NV
PINK:AGESF
|
$10.79 Billion |
|
Assurant Inc
NYSE:AIZ
|
$10.74 Billion |
|
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
|
$10.73 Billion |
|
Antero Resources Corp
NYSE:AR
|
$10.72 Billion |
|
The J. M. Smucker Company
NYSE:SJM
|
$10.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gildan Activewear Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,456,651,000 to 3,555,738,292, a change of 2,099,087,292 (144.1%).
- Net income of 405,861,589 contributed positively to equity growth.
- Dividend payments of 137,604,395 reduced retained earnings.
- Share repurchases of 216,716,468 reduced equity.
- New share issuances of 10,067,000 increased equity.
- Other comprehensive income decreased equity by 20,224,095.
- Other factors increased equity by 2,057,703,661.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $405.86 Million | +11.41% |
| Dividends Paid | $137.60 Million | -3.87% |
| Share Repurchases | $216.72 Million | -6.09% |
| Share Issuances | $10.07 Million | +0.28% |
| Other Comprehensive Income | $-20.22 Million | -0.57% |
| Other Changes | $2.06 Billion | +57.87% |
| Total Change | $- | 144.10% |
Book Value vs Market Value Analysis
This analysis compares Gildan Activewear Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 606.31x to 2.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.10 | $58.75 | x |
| 1998-12-31 | $0.27 | $58.75 | x |
| 1999-12-31 | $0.49 | $58.75 | x |
| 2000-12-31 | $0.55 | $58.75 | x |
| 2001-12-31 | $0.58 | $58.75 | x |
| 2002-12-31 | $0.71 | $58.75 | x |
| 2003-12-31 | $1.09 | $58.75 | x |
| 2004-12-31 | $1.38 | $58.75 | x |
| 2005-12-31 | $1.76 | $58.75 | x |
| 2006-12-31 | $2.18 | $58.75 | x |
| 2007-12-31 | $2.73 | $58.75 | x |
| 2008-12-31 | $3.34 | $58.75 | x |
| 2009-12-31 | $3.75 | $58.75 | x |
| 2010-12-31 | $4.57 | $58.75 | x |
| 2011-12-31 | $5.43 | $58.75 | x |
| 2012-12-31 | $5.84 | $58.75 | x |
| 2013-12-31 | $7.10 | $58.75 | x |
| 2014-12-31 | $8.21 | $58.75 | x |
| 2015-12-31 | $8.96 | $58.75 | x |
| 2016-12-31 | $8.99 | $58.75 | x |
| 2017-12-31 | $9.12 | $58.75 | x |
| 2018-12-31 | $9.16 | $58.75 | x |
| 2019-12-31 | $8.97 | $58.75 | x |
| 2020-12-31 | $7.86 | $58.75 | x |
| 2021-12-31 | $9.71 | $58.75 | x |
| 2022-12-31 | $10.20 | $58.75 | x |
| 2023-12-31 | $11.05 | $58.75 | x |
| 2024-12-31 | $8.93 | $58.75 | x |
| 2025-12-31 | $23.23 | $58.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gildan Activewear Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.03%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.94x
- Recent ROE (11.41%) is below the historical average (18.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 36.28% | 4.71% | 1.93x | 3.99x | $2.97 Million |
| 1998 | 24.64% | 6.11% | 1.62x | 2.49x | $5.12 Million |
| 1999 | 17.21% | 7.25% | 1.17x | 2.04x | $6.90 Million |
| 2000 | 27.71% | 11.89% | 1.16x | 2.00x | $23.23 Million |
| 2001 | 0.41% | 0.16% | 1.08x | 2.36x | $-12.09 Million |
| 2002 | 24.63% | 11.07% | 1.21x | 1.84x | $24.89 Million |
| 2003 | 21.84% | 12.26% | 1.10x | 1.63x | $30.98 Million |
| 2004 | 18.39% | 11.30% | 1.09x | 1.49x | $27.46 Million |
| 2005 | 20.46% | 13.16% | 1.09x | 1.42x | $43.94 Million |
| 2006 | 20.13% | 13.82% | 1.07x | 1.36x | $53.83 Million |
| 2007 | 19.59% | 13.48% | 1.10x | 1.32x | $63.66 Million |
| 2008 | 17.80% | 11.57% | 1.13x | 1.36x | $63.36 Million |
| 2009 | 10.47% | 9.18% | 0.96x | 1.19x | $4.25 Million |
| 2010 | 17.79% | 15.12% | 0.99x | 1.19x | $86.80 Million |
| 2011 | 18.07% | 13.90% | 0.91x | 1.42x | $107.17 Million |
| 2012 | 10.41% | 7.62% | 1.03x | 1.33x | $5.83 Million |
| 2013 | 18.37% | 14.66% | 1.03x | 1.22x | $145.89 Million |
| 2014 | 17.77% | 15.24% | 0.91x | 1.28x | $157.20 Million |
| 2015 | 10.84% | 9.82% | 0.85x | 1.30x | $18.46 Million |
| 2016 | 16.35% | 13.41% | 0.86x | 1.41x | $134.67 Million |
| 2017 | 17.66% | 13.17% | 0.92x | 1.45x | $157.20 Million |
| 2018 | 18.12% | 12.06% | 0.97x | 1.55x | $157.17 Million |
| 2019 | 14.16% | 9.20% | 0.87x | 1.77x | $76.36 Million |
| 2020 | -14.45% | -11.37% | 0.65x | 1.96x | $-381.17 Million |
| 2021 | 31.63% | 20.78% | 0.93x | 1.63x | $415.24 Million |
| 2022 | 28.79% | 16.71% | 0.93x | 1.85x | $353.41 Million |
| 2023 | 27.40% | 16.70% | 0.91x | 1.80x | $338.84 Million |
| 2024 | 27.52% | 12.26% | 0.88x | 2.55x | $255.20 Million |
| 2025 | 11.41% | 11.03% | 0.35x | 2.94x | $50.29 Million |
Industry Comparison
This section compares Gildan Activewear Inc.'s net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $452,652,321
- Average return on equity (ROE) among peers: 4.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gildan Activewear Inc. (GIL) | $3.56 Billion | 36.28% | 1.94x | $10.76 Billion |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $441.50 |
| Authentic Holdings Inc. (AHRO) | $-2.87 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $640.83 Million | 18.74% | 0.22x | $1.42 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.66 Billion | -7.37% | 0.20x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $451.32 Million | 8.09% | 1.26x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $182.72 Million | 10.80% | 1.87x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.91 |
| Ever-Glory International Group Inc. (EVKG) | $140.96 Million | -0.07% | 1.48x | $5.52K |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.19 Billion |
| Fox-Wizel Ltd (FXWZF) | $1.21 Billion | 17.11% | 2.86x | $233.16 Million |