Gildan Activewear Inc. balance sheet

At the end of fiscal 2025, Gildan Activewear Inc. had total assets of $10.47bn, total liabilities of $6.90bn and shareholders' equity of $3.56bn. It held $284m in cash against $4.31bn of debt: net debt of $4.03bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Gildan Activewear Inc.: balance sheet, annual
Fiscal year	2016Jan 2017	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Jan 2021	2021Jan 2022	2022Jan 2023	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	0.0	0.1	0.0	0.1	0.5	0.2	0.2	0.1	0.1	0.3
Inventory	1.0	0.9	0.9	1.1	0.7	0.8	1.2	1.1	1.1	2.4
Total current assets	1.3	1.3	1.4	1.5	1.5	1.4	1.7	1.7	1.9	4.7
Goodwill	0.2	0.2	0.2	0.2	0.2	0.3	0.3	0.3	0.3	0.9
Total assets	3.0	3.0	3.0	3.2	3.0	3.1	3.4	3.5	3.7	10.5
Total current liabilities	0.2	0.3	0.3	0.4	0.4	0.5	0.6	0.7	0.8	2.2
Long-term debt	0.6	0.6	0.7	0.8	1.0	0.6	0.8	0.7	1.2	3.9
Total debt	0.6	0.6	0.7	0.8	1.0	0.6	0.9	1.0	1.5	4.3
Total liabilities	0.9	0.9	1.1	1.4	1.5	1.2	1.6	1.6	2.3	6.9
Shareholders' equity	2.1	2.0	1.9	1.8	1.6	1.9	1.9	2.0	1.5	3.6
Net debt (negative = net cash)	0.6	0.6	0.6	0.8	0.5	0.4	0.8	0.9	1.4	4.0
Shares outstanding	230m	219m	207m	199m	198m	192m	180m	170m	152m	185m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Gildan Activewear Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Gildan Activewear Inc.