Gildan Activewear Debt-to-Equity Ratio Growth & History (GIL)
Gildan Activewear's debt-to-equity ratio was 1.30 for fiscal 2025.
View full Gildan Activewear company overviewGildan Activewear annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-28 | 1.30 | 0.16 | +14.47% |
| 2024 | 2024-12-29 | 1.13 | 0.58 | +105.13% |
| 2023 | 2023-12-31 | 0.55 | 0.01 | +1.70% |
| 2022 | 2023-01-01 | 0.54 | 0.17 | +47.26% |
| 2021 | 2022-01-02 | 0.37 | −0.32 | −46.80% |
| 2020 | 2021-01-03 | 0.69 | 0.19 | +37.49% |
| 2019 | 2019-12-29 | 0.51 | 0.16 | +46.16% |
| 2018 · Dec 30 | 2018-12-30 | 0.35 | 0.04 | +12.51% |
| 2017 | 2017-12-31 | 0.31 | 0.02 | +8.49% |
| 2016 | 2017-01-01 | 0.28 | — | — |
Gildan Activewear quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.45 | 0.07 | +4.70% |
| Q1 2026 | 2026-03-31 | 1.47 | — | — |
| Q4 2025 | 2025-12-28 | 1.30 | 0.16 | +14.47% |
| Q3 2025 | 2025-09-30 | 1.26 | — | — |
| Q2 2025 | 2025-06-30 | 1.39 | — | — |
| Q4 2024 | 2024-12-29 | 1.13 | 0.58 | +105.13% |
| Q4 2023 | 2023-12-31 | 0.55 | 0.01 | +1.70% |
| Q4 2022 | 2023-01-01 | 0.54 | 0.17 | +47.26% |
| Q4 2021 | 2022-01-02 | 0.37 | −0.32 | −46.80% |
| Q4 2020 | 2021-01-03 | 0.69 | 0.19 | +37.49% |
| Q4 2019 | 2019-12-29 | 0.51 | 0.16 | +46.16% |
| Q4 2018 · Dec 30 | 2018-12-30 | 0.35 | 0.04 | +12.51% |
| Q4 2017 | 2017-12-31 | 0.31 | — | — |
Gildan Activewear debt-to-equity ratio trends
Over the last five fiscal years, Gildan Activewear's debt-to-equity ratio increased from 0.69 to 1.30, a change of 0.60. The latest reported quarter, Q2 2026, shows 1.45.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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