Gildan Activewear Inc. (GIL) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -279.47M | 310.22M | 224.57M | 197.47M | -142.23M | 210.51M | 178.93M | 140.05M | -27.4M | 239.06M | 305.14M | 181.82M | -179.42M | 189.37M | 65.84M | 209.74M | -51.47M | 154.02M | 242.58M | 200.32M |
| Operating CF Margin % | -23.97% | 28.35% | 24.66% | 21.5% | -19.99% | 25.62% | 20.08% | 16.25% | -3.94% | 30.54% | 35.08% | 21.63% | -25.53% | 26.3% | 7.75% | 23.42% | -6.64% | 19.64% | 30.26% | 26.81% |
| Operating CF Growth % | -96.49% | 47.37% | 25.51% | 41% | -419.17% | -11.94% | -41.36% | -22.98% | 84.73% | 26.24% | 363.43% | -13.31% | -248.62% | 22.95% | -72.86% | 4.7% | -349.89% | -49.69% | 58.56% | 10.17% |
| Net Income | -65.79M | 51.96M | 273M | 140.2M | 84.68M | 132.32M | 131.47M | 58.41M | 78.67M | 153.31M | 127.37M | 155.29M | 97.62M | 83.9M | 153.04M | 158.24M | 146.36M | 173.9M | 188.3M | 146.44M |
| Depreciation & Amortization | 54.24M | 47.14M | 46.4M | 36.59M | 30.34M | 33.29M | 36.53M | 36.79M | 31.59M | 30.78M | 31.32M | 31.6M | 27.94M | 28.04M | 31.14M | 32.29M | 33.46M | 29.65M | 34.26M | 35.87M |
| Stock-Based Compensation | 12.58M | 0 | 12.8M | 0 | 8.86M | 12.91M | 8.37M | 36.96M | 6.29M | 4.11M | 6.75M | 8.06M | 8.03M | 8.31M | 8.36M | 8.3M | 7.42M | 8.47M | 12.71M | 8.69M |
| Deferred Taxes | -24.49M | -3.53M | -2.7M | 2.44M | -1.08M | -2.25M | 1.9M | 13.84M | -822K | -3.24M | 3.45M | 2.54M | 7.39M | -14.33M | 10.18M | 0 | 4M | -6.76M | 2.22M | 2.37M |
| Other Non-Cash Items | -1.51M | -7.82M | -142.71M | 12.85M | -28.71M | -20.57M | 5.52M | -31.98M | -1.23M | -38.5M | -11.69M | 18.74M | -29.8M | 25.53M | -32.49M | 35.23M | -6.39M | -10.09M | -21.55M | -14.51M |
| Working Capital Changes | -254.5M | 222.47M | 37.78M | 5.39M | -236.33M | 54.8M | -4.87M | 26.03M | -141.89M | 92.6M | 147.94M | -34.41M | -290.59M | 57.92M | -104.39M | -24.32M | -236.31M | -41.15M | 26.63M | 21.46M |
| Change in Receivables | -44.65M | 91.9M | -15.96M | -40.94M | -118.56M | 66.45M | -12.51M | -87.71M | -100.64M | 38.4M | 74.34M | -125.32M | -149.31M | 185.1M | 26M | -2.81M | -130.35M | 44.35M | -32.51M | -74.49M |
| Change in Inventory | -12.41M | 17.84M | -32.83M | 18.36M | -116.64M | -12.15M | 10.33M | 26.14M | -45.1M | 50.89M | 89.44M | 88.31M | -85.43M | -114.28M | -141.32M | -78.92M | -114.32M | -23.92M | -8M | 10.68M |
| Change in Payables | 0 | 54.3M | 85.86M | 48.96M | 0 | 0 | 5.21M | 0 | 0 | 0 | 0 | 11.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -30.41M | -157.48M | -23.17M | -34.95M | -23.3M | -2.78M | -29.37M | -36.18M | -43.9M | -35.77M | -40.48M | -55.77M | -22.84M | -52.87M | -45.28M | -50.26M | -33.99M | -202.37M | -10.46M | 8.03M |
| Capital Expenditures | -28.82M | -32.3M | -23.86M | -35.15M | -22.28M | -39.28M | -28.46M | -35.53M | -42.17M | -34.68M | -41.55M | -56.02M | -72.96M | -79.09M | -73.6M | -54.36M | -32.08M | -37.39M | -48.06M | -29.26M |
| CapEx % of Revenue | 2.47% | 2.95% | 2.62% | 3.83% | 3.13% | 4.78% | 3.19% | 4.12% | 6.06% | 4.43% | 4.78% | 6.67% | 10.38% | 10.98% | 8.66% | 6.07% | 4.14% | 4.77% | 6% | 3.92% |
| Acquisitions | 0 | -125.18M | 683.37K | 204.66K | 0 | 0 | 286.13K | 0 | 0 | 0 | 0 | 5.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.59M | 0 | 0 | 340 | -1.03M | 36.5M | -1.2M | -650K | -1.73M | -1.09M | 1.07M | -5.41M | 50.12M | 26.22M | 28.31M | 4.1M | -1.91M | -164.98M | 37.6M | 37.29M |
| Cash from Financing | 265.25M | 30.17M | -174.43M | -151.71M | 142.12M | -186.72M | -161.6M | -104.62M | 72.95M | -216.43M | -230.47M | -131.19M | 125.31M | -55.89M | -23.39M | -206.25M | 27.26M | -161.5M | -153.32M | -433.47M |
| Debt Issued (Net) | 392.13M | 232.31M | -91.65M | 257.9K | 256.84M | 66.48M | 256.07M | 76M | 151.21M | -44.47M | -123.31M | 10.88M | 187M | 6.59M | 100.97M | -64.49M | 240.37M | -8.99M | -3.47M | -404.02M |
| Equity Issued (Net) | -71.03M | -5.48M | -28.99M | -76.85M | -78.61M | -220.2M | -376.24M | -111.27M | -70.22M | -136.27M | -74.21M | -75.84M | -46.45M | -30.54M | -93.73M | -109.52M | -209.05M | -121.53M | -119.4M | 2.42M |
| Dividends Paid | 0 | -33.56M | -33.22M | -70.86M | 0 | -31.37M | -33M | -69.22M | 0 | -31.89M | -32.67M | -68.37M | 0 | -30.5M | -30.63M | -62.63M | 0 | -29.71M | -30.45M | -30.3M |
| Share Repurchases | -71.47M | -3.4M | -29.36M | -77.12M | -87.41M | -220.57M | -381.17M | -112.51M | -70.56M | -179.25M | -80.18M | -75.7M | -51.57M | -43.49M | -94.05M | -109.52M | -210.36M | -127.94M | -119.72M | 0 |
| Other Financing | -55.85M | -163.1M | -20.56M | -4.26M | -36.11M | -1.63M | -8.43M | -125K | -8.04M | -3.81M | -283K | 2.14M | -15.24M | -1.43M | 0 | 30.39M | -4.06M | -1.27M | 0 | -1.57M |
| Net Change in Cash | -43.4M | 171.42M | 26.32M | 10.71M | -23.3M | 20.32M | -11.8M | -919K | 1.55M | -12.86M | 33.9M | -5.23M | -76.58M | 81.17M | -4.42M | -47.91M | -57.67M | -210.09M | 78.48M | -225.18M |
| Free Cash Flow | -309.89M | 280.55M | 203.11M | 163.68M | -164.51M | 169.95M | 150.47M | 103.77M | -71.37M | 203.45M | 263.59M | 125.81M | -252.37M | 110.29M | -7.75M | 154.18M | -85.46M | 115.61M | 193.94M | 170.17M |
| FCF Margin % | -26.58% | 25.64% | 22.31% | 17.82% | -23.12% | 20.69% | 16.89% | 12.04% | -10.26% | 25.99% | 30.3% | 14.97% | -35.91% | 15.32% | -0.91% | 17.22% | -11.03% | 14.74% | 24.19% | 22.78% |
| FCF Growth % | -88.37% | 65.08% | 34.98% | 57.72% | -130.51% | -16.47% | -42.91% | -17.51% | 71.72% | 84.47% | 3499.36% | -18.4% | -195.32% | -4.61% | -104% | -9.4% | -1230.38% | -60.49% | 38.4% | -3.66% |
| FCF per Share | -1.67 | 1.75 | 1.35 | 1.09 | -1.08 | 1.10 | 0.93 | 0.62 | -0.42 | 1.18 | 1.50 | 0.71 | -1.40 | 0.61 | -0.04 | 0.83 | -0.45 | 0.59 | 0.98 | 0.85 |
| FCF Conversion (FCF/Net Income) | 4.25x | 5.44x | 1.87x | 1.43x | -1.68x | 1.59x | 1.36x | 2.40x | -0.35x | 1.56x | 2.40x | 1.17x | -1.84x | 2.26x | 0.43x | 1.33x | -0.35x | 0.89x | 1.29x | 1.37x |
| Interest Paid | 46.04M | 0 | 22.27M | 0 | 21.88M | 18.19M | 25.6M | 17.87M | 16.57M | 17.1M | 19.9M | 15.14M | 14.26M | 9.93M | 9.4M | 4.54M | 6.11M | 2.86M | 5.86M | 4.25M |
| Taxes Paid | 11.2M | 0 | 6.69M | 0 | 5.05M | 19.13M | 15.68M | 7.37M | 5.76M | 5.04M | 1.42M | 11.79M | 6.09M | 6.84M | 4.08M | 14.03M | 1.58M | 2.77M | 1.14M | 1.69M |