Gildan Activewear Inc. cash flow statement GIL

Annual Quarterly

In fiscal 2025, which ended Dec 28, 2025, Gildan Activewear Inc. generated $606.3 million of cash from operations, up 20.9% from the year before. It spent $106.4 million on capital expenditures. That left free cash flow of $499.9 million. The company returned $135.2 million in dividends to shareholders.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

FY 2025
Dec 28, 2025
FY 2024
Dec 29, 2024
FY 2023
Dec 31, 2023
FY 2022
Jan 1, 2023
FY 2020
Jan 2, 2022
FY 2020
Jan 3, 2021
FY 2019
Dec 29, 2019
FY 2018
Dec 30, 2018
FY 2017
Dec 31, 2017
Operating
Depreciation and amortization
148
+6.8%
138
+13.6%
122
-2.6%
125
135
-13.6%
147
-6.1%
157
-0.8%
158
-2.5%
162
Stock-based compensation
68
+5.0%
65
+137.9%
27
-16.3%
32
38
+131.4%
2
-88.0%
16
-18.5%
20
+24.3%
16
Operating cash flow
606
+20.9%
501
-8.3%
547
+32.2%
413
618
+71.0%
415
+15.0%
361
-33.0%
539
-12.2%
613
Investing
Capital expenditures
106
-26.8%
145
-28.5%
203
-15.0%
239
127
-0.9%
51
-60.6%
129
+19.5%
108
+17.1%
92
Investing cash flow
-236
-110.5%
-112
+27.6%
-155
+15.1%
-182
-188
-38.4%
-58
+57.6%
-136
-22.4%
-111
+47.2%
-210
Financing
Dividends paid
135
+1.3%
133
+1.3%
132
+6.5%
124
90
-18.0%
31
-72.3%
110
+16.7%
95
+11.5%
85
Financing cash flow
-177
+53.3%
-379
+16.2%
-453
-75.3%
-258
-755
-263.2%
84
+140.2%
-208
+52.0%
-433
-11.3%
-389
Change in cash
Effect of exchange rate
3
+481.2%
-1
-395.0%
0
+115.8%
-2
-1
-15600.0%
0
+1433.3%
-0
+99.0%
-1
-196.5%
1
Net change in cash
196
+2042.2%
9
+115.1%
-61
-110.8%
-29
-326
-1966.3%
441
+2425.3%
17
+384.6%
-6
-142.0%
15
Free cash flow
500
+40.4%
356
+3.7%
343
+96.9%
174
490
+110.9%
364
+56.8%
232
-46.1%
431
-17.4%
521
Per share
Free cash flow per share
3.27
+49.7%
2.18
+12.0%
1.95
+106.2%
0.94
2.48
+118.4%
1.84
+61.8%
1.14
-44.2%
2.04
-12.4%
2.32
Shareholder returns
Returned to shareholders
135
133
132
124
90
31
110
95
85
Share of free cash flow
27.05%
37.49%
38.39%
70.98%
18.46%
8.39%
47.49%
21.95%
16.27%
Ratios
Free cash flow margin
13.81%
10.89%
10.74%
5.38%
16.77%
18.39%
8.23%
14.81%
18.95%
Capital expenditures to revenue
2.94%
4.44%
6.36%
7.38%
4.36%
2.56%
4.56%
3.70%
3.34%
Stock-based compensation to revenue
1.87%
1.97%
0.85%
1.00%
1.29%
0.10%
0.58%
0.69%
0.58%
Cash conversion
1.52x
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How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Industry
Apparel & Other Finishd Prods of Fabrics & Similar Matl (SIC 2300)
Listed as
GIL (NYSE)
Fiscal year ends
January 3
Incorporated in
Canada (Federal Level)
Headquarters
Montreal
SEC CIK
1061894
Former names
GILDAN ACTIVEWEAR INC (until Jan 9, 2007)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.