Gildan Activewear
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
17.6016.4710.949.40
Price/Sales ratio
3.243.172.552.48
Earnings per Share (EPS)
$3.21$3.43$5.17$6.02

Historical Multiples (2012 – 2023)

2012 2013 2014 2015 2017 2017 2018 2019 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
27.4217.6118.5330.8217.2219.9318.2823.2213.8110.9017.8217.22
Price/Sales ratio
2.092.582.823.022.302.622.202.132.861.812.232.62
Price/Book Value ratio
2.853.283.293.432.813.523.313.284.362.974.812.81
Price/Cash Flow ratio
18.5413.2025.2233.2711.1011.7711.9116.7113.5810.6414.2311.10
Price/Free Cash Flow ratio
28.5121.67-232.94-103.5915.0113.9315.5227.3317.2117.1718.7715.01
Price/Earnings Growth ratio
-0.720.151.52-0.910.341.957.40-1.07-0.031.46-0.171.95
Dividend Yield
0.89%0.77%0.79%0.87%1.24%1.17%1.47%1.87%1.06%2.26%1.74%1.24%
Profitability Indicator Ratios
Gross Profit Margin
20.33%29.02%27.91%24.23%27.84%29.12%27.70%24.94%32.17%27.53%30.23%27.84%
Operating Profit Margin
7.96%15.68%15.65%10.62%14.37%14.57%13.86%10.23%22.30%20.14%19.06%14.37%
Pretax Profit Margin
7.39%15.14%15.53%9.98%13.61%13.69%12.79%8.84%21.37%17.65%16.06%13.61%
Net Profit Margin
7.62%14.65%15.23%9.82%13.40%13.17%12.06%9.20%20.77%16.69%13.06%13.17%
Effective Tax Rate
-3.00%3.18%1.90%1.61%1.47%3.84%5.73%-3.99%2.78%5.42%18.71%1.47%
Return on Assets
7.82%15.66%13.86%8.15%11.59%12.15%11.67%8.09%19.35%15.18%11.32%12.15%
Return On Equity
10.40%18.62%17.76%11.14%16.35%17.66%18.11%14.16%31.63%27.25%23.16%16.35%
Return on Capital Employed
9.45%19.53%16.65%9.80%13.48%14.73%15.17%10.36%24.38%23.07%21.19%13.48%
Liquidity Ratios
Current Ratio
3.57N/AN/AN/AN/A5.05N/AN/AN/AN/A2.305.05
Quick Ratio
1.291.221.241.731.631.401.271.091.450.820.981.40
Cash ratio
0.270.330.170.150.160.200.130.150.380.120.090.20
Days of Sales Outstanding
48.8842.7355.0164.2039.2132.8040.0141.4841.2047.1169.0239.21
Days of Inventory outstanding
130.06140.27167.21164.89186.84177.05163.18181.17142.57171.70177.03177.05
Operating Cycle
178.94183.00222.22229.09226.05209.86203.19222.66183.78218.81246.05226.05
Days of Payables Outstanding
60.3068.1479.1058.8445.7948.3950.5066.8077.6850.9777.4445.79
Cash Conversion Cycle
118.64114.86143.12170.24180.25161.47152.69155.85106.10167.84168.60168.60
Debt Ratios
Debt Ratio
0.24N/A0.060.150.200.210.230.260.190.280.390.20
Debt Equity Ratio
0.32N/A0.070.210.280.300.360.460.310.500.940.28
Long-term Debt to Capitalization
0.11N/A0.070.170.220.230.250.310.230.250.420.22
Total Debt to Capitalization
N/AN/A0.070.170.220.230.260.310.230.330.480.22
Interest Coverage Ratio
22.26N/AN/AN/AN/A24.31N/AN/AN/AN/A12.4324.31
Cash Flow to Debt Ratio
1.21N/A1.680.470.890.970.760.421.020.540.350.97
Company Equity Multiplier
1.321.181.281.361.411.451.551.751.631.792.381.41
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.190.110.090.200.220.180.120.210.170.160.22
Free Cash Flow / Operating Cash Flow Ratio
0.650.60-0.10-0.320.730.840.760.610.780.610.720.84
Cash Flow Coverage Ratio
N/AN/A1.680.470.890.970.760.421.020.540.350.97
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/A16.0624.86N/A1.741.76N/A
Dividend Payout Ratio
24.66%13.65%14.79%26.84%21.45%23.40%26.95%43.45%14.76%24.70%31.78%21.45%