Gildan Historical Income Statement
| GIL Stock | USD 49.83 0.35 0.71% |
Historical analysis of Gildan Activewear income statement accounts such as Total Revenue of 1.8 B or Gross Profit of 470.4 M can show how well Gildan Activewear performed in making a profits. Evaluating Gildan Activewear income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gildan Activewear's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Gildan Activewear latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gildan Activewear is a good buy for the upcoming year.
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About Gildan Income Statement Analysis
Gildan Activewear Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gildan Activewear shareholders. The income statement also shows Gildan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Gildan Activewear Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Gildan Activewear generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Gildan Activewear minus its cost of goods sold. It is profit before Gildan Activewear operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gildan Activewear. It is also known as Gildan Activewear overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Gildan Activewear income statement and represents the costs associated with goods and services Gildan Activewear provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Gildan Activewear's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gildan Activewear current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.At this time, Gildan Activewear's Income Before Tax is quite stable compared to the past year. Net Income is expected to rise to about 560.3 M this year, although the value of Total Revenue will most likely fall to about 1.8 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 940.2M | 992.4M | 880.1M | 470.4M | Total Revenue | 2.9B | 3.2B | 3.2B | 1.8B |
Gildan Activewear income statement Correlations
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Gildan Activewear Account Relationship Matchups
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Gildan Activewear income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 156.8M | 151.4M | 123.3M | 130.9M | 121.6M | 81.1M | |
| Interest Expense | 32.1M | 48.5M | 27.3M | 37.0M | 57.2M | 60.1M | |
| Total Revenue | 2.8B | 2.0B | 2.9B | 3.2B | 3.2B | 1.8B | |
| Gross Profit | 704.5M | 249.1M | 940.2M | 992.4M | 880.1M | 470.4M | |
| Other Operating Expenses | 2.5B | 2.0B | 2.3B | 2.6B | 2.6B | 1.4B | |
| Operating Income | 289.0M | (180.8M) | 651.9M | 603.4M | 643.9M | 676.0M | |
| Ebit | 356.0M | (193.4M) | 654.4M | 577.7M | 621.4M | 652.5M | |
| Ebitda | 512.8M | (42.0M) | 777.7M | 708.6M | 743.0M | 780.2M | |
| Cost Of Revenue | 2.1B | 1.7B | 2.0B | 2.2B | 2.3B | 1.3B | |
| Total Operating Expenses | 340.5M | 272.3M | 314.2M | 324.1M | 236.2M | 348.9M | |
| Income Before Tax | 249.8M | (229.4M) | 624.6M | 566.4M | 564.2M | 592.4M | |
| Total Other Income Expense Net | (74.1M) | (48.5M) | (27.3M) | (37.0M) | (79.7M) | (75.7M) | |
| Net Income | 259.8M | (225.3M) | 607.2M | 541.5M | 533.6M | 560.3M | |
| Income Tax Expense | (10.0M) | (4.1M) | 17.4M | 24.9M | 30.6M | 32.1M | |
| Selling General Administrative | 121.3M | 101.5M | 147.3M | 144.9M | 151.9M | 134.4M | |
| Net Income From Continuing Ops | 259.8M | (225.3M) | 607.2M | 541.5M | 464.2M | 274.8M | |
| Net Income Applicable To Common Shares | 259.8M | (225.3M) | 607.2M | 541.5M | 622.8M | 653.9M | |
| Selling And Marketing Expenses | 219.2M | 170.8M | 166.9M | 179.2M | 178.5M | 213.1M | |
| Tax Provision | (10.0M) | (4.1M) | 17.4M | 24.9M | 22.5M | 11.8M | |
| Interest Income | 30.9M | 33.7M | 18.4M | 26.4M | 30.3M | 23.9M | |
| Net Interest Income | (40.1M) | (48.3M) | (27.3M) | (37.0M) | (72.9M) | (69.3M) | |
| Reconciled Depreciation | 156.8M | 147.2M | 135.4M | 124.9M | 118.9M | 114.7M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.124 | Dividend Share 0.801 | Earnings Share 2.51 | Revenue Per Share 19.316 | Quarterly Revenue Growth 0.024 |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.