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Gildan Activewear (Gildan Activewear) Pretax Margin % : 20.05% (As of Dec. 2023)


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What is Gildan Activewear Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gildan Activewear's Pre-Tax Income for the three months ended in Dec. 2023 was $157 Mil. Gildan Activewear's Revenue for the three months ended in Dec. 2023 was $783 Mil. Therefore, Gildan Activewear's pretax margin for the quarter that ended in Dec. 2023 was 20.05%.

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

GIL' s Pretax Margin % Range Over the Past 10 Years
Min: -11.58   Med: 13.66   Max: 21.37
Current: 17.64


GIL's Pretax Margin % is ranked better than
88.35% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.28 vs GIL: 17.64

Gildan Activewear Pretax Margin % Historical Data

The historical data trend for Gildan Activewear's Pretax 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 Pretax Margin % Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.85 -11.58 21.37 17.48 17.65

Gildan Activewear Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.02 15.80 19.27 15.44 20.05

Competitive Comparison of Gildan Activewear's Pretax Margin %

For the Apparel Manufacturing subindustry, Gildan Activewear's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Gildan Activewear Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=564.183/3195.911
=17.65 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=156.908/782.709
=20.05 %

* 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.


Gildan Activewear  (NYSE:GIL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Gildan Activewear Pretax Margin % Related Terms

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Gildan Activewear (Gildan Activewear) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
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.