Gildan Activewear (Gildan Activewear) Tax Rate % : 2.29% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Gildan Activewear Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gildan Activewear's Tax Expense for the three months ended in Dec. 2023 was $4 Mil. Gildan Activewear's Pre-Tax Income for the three months ended in Dec. 2023 was $157 Mil. Therefore, Gildan Activewear's Tax Rate % for the quarter that ended in Dec. 2023 was 2.29%.

Gildan Activewear Tax Rate % Historical Data

The historical data trend for Gildan Activewear's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gildan Activewear Tax Rate % Chart

Gildan Activewear Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-4.00

1.78

2.78

4.39

5.42

Gildan Activewear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-5.74	12.09	4.12	5.14	2.29

Gildan Activewear Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Gildan Activewear's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	30.603	/	564.183
	=	5.42 %

Gildan Activewear's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	3.6	/	156.908
	=	2.29 %

Gildan Activewear Tax Rate % Related Terms

Thank you for viewing the detailed overview of Gildan Activewear's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gildan Activewear (Gildan Activewear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (NYSE:GIL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VGA:Germany GIL:Canada

Address

600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2

Website

http://www.gildan.com

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.