Gildan Activewear Inc. (GIL) - Net Assets

Latest as of December 2025: CA$3.56 Billion CAD ≈ $2.57 Billion USD

Based on the latest financial reports, Gildan Activewear Inc. (GIL) has net assets worth CA$3.56 Billion CAD (≈ $2.57 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 (CA$10.45 Billion ≈ $7.56 Billion USD) and total liabilities (CA$6.89 Billion ≈ $4.98 Billion USD). 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. Check Gildan Activewear Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$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	53.22

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. Also explore Gildan Activewear Inc. total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see GIL market cap.

Year	Net Assets	Change
2025-12-31	CA$3.56 Billion ≈ $2.57 Billion	+144.10%
2024-12-31	CA$1.46 Billion ≈ $1.05 Billion	-25.58%
2023-12-31	CA$1.96 Billion ≈ $1.42 Billion	+4.00%
2022-12-31	CA$1.88 Billion ≈ $1.36 Billion	-1.94%
2021-12-31	CA$1.92 Billion ≈ $1.39 Billion	+23.13%
2020-12-31	CA$1.56 Billion ≈ $1.13 Billion	-15.02%
2019-12-31	CA$1.83 Billion ≈ $1.33 Billion	-5.25%
2018-12-31	CA$1.94 Billion ≈ $1.40 Billion	-5.62%
2017-12-31	CA$2.05 Billion ≈ $1.48 Billion	-3.22%
2016-12-31	CA$2.12 Billion ≈ $1.53 Billion	-3.14%
2016-01-03	CA$2.19 Billion ≈ $1.58 Billion	+2.78%
2015-12-31	CA$2.13 Billion ≈ $1.54 Billion	+5.22%
2014-12-31	CA$2.02 Billion ≈ $1.46 Billion	+17.69%
2013-12-31	CA$1.72 Billion ≈ $1.24 Billion	+20.55%
2012-12-31	CA$1.43 Billion ≈ $1.03 Billion	+6.53%
2011-12-31	CA$1.34 Billion ≈ $968.52 Million	+18.96%
2010-12-31	CA$1.13 Billion ≈ $814.16 Million	+22.59%
2009-12-31	CA$918.06 Million ≈ $664.11 Million	+12.03%
2008-12-31	CA$819.50 Million ≈ $592.81 Million	+22.21%
2007-12-31	CA$670.58 Million ≈ $485.09 Million	+24.94%
2006-12-31	CA$536.74 Million ≈ $388.27 Million	+26.14%
2005-12-31	CA$425.51 Million ≈ $307.81 Million	+30.02%
2004-12-31	CA$327.27 Million ≈ $236.74 Million	+25.07%
2003-12-31	CA$261.67 Million ≈ $189.29 Million	+53.86%
2002-12-31	CA$170.07 Million ≈ $123.03 Million	+34.87%
2001-12-31	CA$126.10 Million ≈ $91.22 Million	-3.86%
2000-12-31	CA$131.16 Million ≈ $94.88 Million	+36.88%
1999-12-31	CA$95.82 Million ≈ $69.32 Million	+173.89%
1998-12-31	CA$34.99 Million ≈ $25.31 Million	+209.69%
1997-12-31	CA$11.30 Million ≈ $8.17 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	CA$1.17 Billion	32.85%
Common Stock	CA$2.30 Billion	64.55%
Other Comprehensive Income	CA$-20.25 Million	-0.57%
Other Components	CA$112.57 Million	3.17%
Total Equity	CA$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
BUDWEISER BREW.UNSP.ADR/4 F:4BB1	$11.20 Billion
DIETEREN GR. UNSP.ADR 1/2 F:DJD	$11.24 Billion
Elanco Animal Health NYSE:ELAN	$11.24 Billion
Huaneng Power International Inc SHG:600011	$11.25 Billion
Zhejiang Zheneng Electric Power Co Ltd SHG:600023	$11.18 Billion
Dayforce Inc. NYSE:DAY	$11.18 Billion
Eurofins Scientific SE F:ESF0	$11.18 Billion
JAMES HARDIE INDUST.ADR/1 F:JHA0	$11.18 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 3,555,738,291, a change of 2,099,087,291 (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 20,224,078.
Other factors increased equity by 2,057,703,643.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$405.86 Million	+11.41%
Dividends Paid	CA$137.60 Million	-3.87%
Share Repurchases	CA$216.72 Million	-6.09%
Share Issuances	CA$10.07 Million	+0.28%
Other Comprehensive Income	CA$-20.22 Million	-0.57%
Other Changes	CA$2.06 Billion	+57.87%
Total Change	CA$-	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: 3.60x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 862.88x to 3.60x 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	CA$0.10	CA$83.61	x
1998-12-31	CA$0.27	CA$83.61	x
1999-12-31	CA$0.49	CA$83.61	x
2000-12-31	CA$0.55	CA$83.61	x
2001-12-31	CA$0.58	CA$83.61	x
2002-12-31	CA$0.71	CA$83.61	x
2003-12-31	CA$1.09	CA$83.61	x
2004-12-31	CA$1.38	CA$83.61	x
2005-12-31	CA$1.76	CA$83.61	x
2006-12-31	CA$2.18	CA$83.61	x
2007-12-31	CA$2.73	CA$83.61	x
2008-12-31	CA$3.34	CA$83.61	x
2009-12-31	CA$3.75	CA$83.61	x
2010-12-31	CA$4.57	CA$83.61	x
2011-12-31	CA$5.43	CA$83.61	x
2012-12-31	CA$5.84	CA$83.61	x
2013-12-31	CA$7.01	CA$83.61	x
2014-12-31	CA$8.21	CA$83.61	x
2015-12-31	CA$8.71	CA$83.61	x
2016-12-31	CA$8.99	CA$83.61	x
2017-12-31	CA$9.12	CA$83.61	x
2018-12-31	CA$9.16	CA$83.61	x
2019-12-31	CA$8.97	CA$83.61	x
2020-12-31	CA$7.86	CA$83.61	x
2021-12-31	CA$9.71	CA$83.61	x
2022-12-31	CA$10.22	CA$83.61	x
2023-12-31	CA$11.11	CA$83.61	x
2024-12-31	CA$8.93	CA$83.61	x
2025-12-31	CA$23.23	CA$83.61	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 (18.51%), 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	CA$2.97 Million
1998	24.64%	6.11%	1.62x	2.49x	CA$5.12 Million
1999	17.21%	7.25%	1.17x	2.04x	CA$6.90 Million
2000	27.71%	11.89%	1.16x	2.00x	CA$23.23 Million
2001	0.41%	0.16%	1.08x	2.36x	CA$-12.09 Million
2002	24.63%	11.07%	1.21x	1.84x	CA$24.89 Million
2003	21.84%	12.26%	1.10x	1.63x	CA$30.98 Million
2004	18.39%	11.30%	1.09x	1.49x	CA$27.46 Million
2005	20.46%	13.16%	1.09x	1.42x	CA$43.94 Million
2006	20.13%	13.82%	1.07x	1.36x	CA$53.83 Million
2007	19.59%	13.48%	1.10x	1.32x	CA$63.66 Million
2008	17.80%	11.57%	1.13x	1.36x	CA$63.36 Million
2009	10.47%	9.18%	0.96x	1.19x	CA$4.25 Million
2010	17.79%	15.12%	0.99x	1.19x	CA$86.80 Million
2011	18.07%	13.90%	0.91x	1.42x	CA$107.17 Million
2012	10.41%	7.62%	1.03x	1.33x	CA$5.83 Million
2013	18.62%	14.66%	1.07x	1.19x	CA$148.24 Million
2014	17.77%	15.24%	0.91x	1.28x	CA$157.20 Million
2015	16.26%	13.47%	0.88x	1.37x	CA$133.19 Million
2016	16.35%	13.41%	0.86x	1.41x	CA$134.67 Million
2017	17.66%	13.17%	0.92x	1.45x	CA$157.20 Million
2018	18.12%	12.06%	0.97x	1.55x	CA$157.17 Million
2019	14.16%	9.20%	0.88x	1.75x	CA$76.36 Million
2020	-14.45%	-11.37%	0.66x	1.94x	CA$-381.17 Million
2021	31.63%	20.78%	0.93x	1.63x	CA$415.24 Million
2022	28.77%	16.71%	0.94x	1.83x	CA$353.32 Million
2023	27.26%	16.70%	0.91x	1.80x	CA$337.83 Million
2024	27.52%	12.26%	0.88x	2.55x	CA$255.20 Million
2025	11.41%	11.03%	0.35x	2.94x	CA$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: $212,349,341
Average return on equity (ROE) among peers: -0.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gildan Activewear Inc. (GIL)	CA$3.56 Billion	36.28%	1.94x	$11.20 Billion
Canada Goose Holdings Inc (GOOS)	$600.10 Million	11.71%	1.51x	$511.83 Million
iFabric Corp (IFA)	$7.66 Million	-4.88%	0.61x	$60.30 Million
Unisync Corp (UNI)	$29.29 Million	-8.80%	2.00x	$30.26 Million

About Gildan Activewear Inc.

TO:GIL Canada Apparel Manufacturing

Market Cap

$11.20 Billion

CA$15.48 Billion CAD

Market Cap Rank

#2055 Global

#72 in Canada

Share Price

CA$83.61

Change (1 day)

-0.82%

52-Week Range

CA$62.92 - CA$99.00

All Time High

CA$99.00