Gildan Activewear (Gildan Activewear) Net Margin %

: 19.59% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Gildan Activewear's Net Income for the three months ended in Dec. 2023 was $153 Mil. Gildan Activewear's Revenue for the three months ended in Dec. 2023 was $783 Mil. Therefore, Gildan Activewear's net margin for the quarter that ended in Dec. 2023 was 19.59%.

The historical rank and industry rank for Gildan Activewear's Net Margin % or its related term are showing as below:

GIL' s Net Margin % Range Over the Past 10 Years
Min: -11.37 Med: 13.29 Max: 20.78
Current: 16.67

GIL's Net Margin % is ranked better than
91.2% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.53 vs GIL: 16.67

Gildan Activewear Net Margin % Historical Data

The historical data trend for Gildan Activewear's Net Margin % 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 Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

9.20

-11.37

20.78

16.71

16.70

Gildan Activewear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																11.65	13.89	18.48	14.64	19.59

Competitive Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gildan Activewear Net Margin % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gildan Activewear's Net Margin % falls into.

Gildan Activewear Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Gildan Activewear's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	533.58	/	3195.911
	=	16.70 %

Gildan Activewear's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	153.308	/	782.709
	=	19.59 %

Gildan Activewear (NYSE:GIL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Gildan Activewear Net Margin % Related Terms

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Gildan Activewear (Gildan Activewear) Business Description

Industry

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

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.