Gildan Activewear (GIL) Interest Coverage Ratio (2009 - 2026)
Gildan Activewear (GIL) posted quarterly Interest Coverage Ratio of 2.03 for Q2 2026, down 61.87% year-over-year from 5.32 in Q2 2025, and up 10703.41% quarter-over-quarter from 0.02 in Q1 2026.
Gildan Activewear (GIL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Gildan Activewear (GIL) has reported Interest Coverage Ratio for 16 consecutive years, with 2.03 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 61.87% year-over-year to 2.03; the TTM figure through Jun 2026 stood at 2.63 (down 52.9% YoY), while the FY2025 annual figure was 4.17, down 29.73% from the prior year.
- Interest Coverage Ratio climbed to 2.03 in Q2 2026 per GIL's latest filing, from 0.02 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 37.67 in Q1 2022 and bottomed at 0.02 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 9.72 across 5 years, with a median of 6.65 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 526.05% — and 2026, when it slumped 100.44%.
- Gildan Activewear's Interest Coverage Ratio stood at 18.77 in 2022, then sank by 55.24% to 8.4 in 2023, then declined by 20.82% to 6.65 in 2024, then sank by 65.66% to 2.28 in 2025, then declined by 11.18% to 2.03 in 2026.
- Business Quant data shows GIL's Interest Coverage Ratio at 2.03 in Q2 2026, 0.02 in Q1 2026, and 2.28 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 26.34 |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 2.54 |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 9.47 |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | -2.73 |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 5.78 |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 5.48 |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | - |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | - |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 2.03 |
| Mar 29, 2026 | -0.02 |
| Dec 28, 2025 | 2.28 |
| Sep 28, 2025 | 4.94 |
| Jun 29, 2025 | 5.32 |
| Mar 30, 2025 | 4.34 |
| Dec 29, 2024 | 6.65 |
| Sep 29, 2024 | 6.39 |
| Jun 30, 2024 | 5.82 |
| Mar 31, 2024 | 4.63 |
| Dec 31, 2023 | 8.40 |
| Sep 30, 2023 | 7.49 |
| Jun 30, 2023 | 8.83 |
| Mar 31, 2023 | 7.53 |
| Jan 1, 2023 | 6.96 |
| Sep 30, 2022 | 18.77 |
| Jun 30, 2022 | 23.51 |
| Mar 31, 2022 | 23.17 |
| Jan 2, 2022 | 37.67 |
| Sep 30, 2021 | 37.98 |