Gildan Activewear vs Under Armour
Under Armour is the larger business, with $4.97bn of revenue in fiscal 2026 against $3.62bn for Gildan Activewear (1.4 times as much). Gildan Activewear grew faster (10.7% against -3.8%). Gildan Activewear kept more of each dollar of sales as profit: a net margin of 11.0% against -10.0%.
| Latest fiscal year | Gildan ActivewearGIL, 2025 | Under ArmourUAA, 2026 |
|---|---|---|
| Revenue | $3.62bn | $4.97bn |
| Revenue growth | 10.7% | -3.8% |
| Net income | $399m | −$496m |
| Operating margin | 17.1% | — |
| Net margin | 11.0% | -10.0% |
| Return on equity | 15.9% | -30.0% |
| Free cash flow | $500m | −$162m |
| Cash | $284m | $309m |
| Total debt | $4.31bn | $1.20bn |
| Debt to equity | 121.1% | — |
| Dividend per share | — | — |
| Dividend yield | 1.8% | — |
| Share buybacks | — | $25.0m |
| Employees | — | — |
| Market value | $7.54bn | $2.27bn |
| Price vs our value range | Above our value range | — |
| Moat score | — | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 27 buys, 0 sales |