Gildan Activewear (GIL) Operating Margin (2009 - 2026)
Gildan Activewear (GIL) posted quarterly Operating Margin of 11.12% for Q2 2026, down 907.0% year-over-year from 1.38% in Q2 2025, and up 10248.77% quarter-over-quarter from 0.11% in Q1 2026.
Gildan Activewear (GIL) Operating Margin (2009 - 2026) Analysis & Trends
Gildan Activewear (GIL) has reported Operating Margin for 18 consecutive years, with 11.12% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 907.0% year-over-year to 11.12%; the TTM figure through Jun 2026 stood at 12.48% (down 801.0% YoY), while the FY2025 annual figure was 17.13%, down 177.0% from the prior year.
- Operating Margin improved to 11.12% in Q2 2026 per GIL's latest filing, from 0.11% in the prior quarter.
- Across five years, Operating Margin topped out at 22.76% in Q4 2023 and bottomed at 0.11% in Q1 2026.
- Historically, Operating Margin has averaged 17.41% across 5 years, with a median of 19.43% in 2022.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 1116 bps — and 2026, when it slumped 1833 bps.
- Gildan Activewear's Operating Margin stood at 20.54% in 2022, then grew by 11 bps to 22.76% in 2023, then decreased by 4 bps to 21.79% in 2024, then slumped by 58 bps to 9.15% in 2025, then advanced by 21 bps to 11.12% in 2026.
- Business Quant data shows GIL's Operating Margin at 11.12% in Q2 2026, 0.11% in Q1 2026, and 9.15% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.43 Bn | 20.49 Bn | 1.44 Bn | 17.47% |
| 2 | Gildan Activewear | 10.48 Bn | 10.21 Bn | 459.76 Mn | 11.12% |
| 3 | Levi Strauss | 8.24 Bn | 7.26 Bn | 979.10 Mn | 7.82% |
| 4 | V F | 5.63 Bn | 4.96 Bn | 917.04 Mn | -4.98% |
| 5 | Kontoor Brands | 4.50 Bn | 4.44 Bn | 328.26 Mn | 15.49% |
| 6 | Ermenegildo Zegna | 3.58 Bn | 3.24 Bn | - | - |
| 7 | Pvh | 3.58 Bn | 2.98 Bn | 1.19 Bn | 6.14% |
| 8 | Columbia Sportswear | 3.08 Bn | 2.45 Bn | 358.43 Mn | 5.03% |
| 9 | Figs | 2.47 Bn | 2.17 Bn | 147.86 Mn | 17.93% |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 4.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 11.12% |
| Mar 29, 2026 | -0.11% |
| Dec 28, 2025 | 9.15% |
| Sep 28, 2025 | 20.52% |
| Jun 29, 2025 | 20.19% |
| Mar 30, 2025 | 18.22% |
| Dec 29, 2024 | 21.79% |
| Sep 29, 2024 | 21.65% |
| Jun 30, 2024 | 16.38% |
| Mar 31, 2024 | 15.11% |
| Dec 31, 2023 | 22.76% |
| Sep 30, 2023 | 17.82% |
| Jun 30, 2023 | 21.74% |
| Mar 31, 2023 | 18.21% |
| Jan 1, 2023 | 12.87% |
| Sep 30, 2022 | 20.54% |
| Jun 30, 2022 | 19.43% |
| Mar 31, 2022 | 20.93% |
| Jan 2, 2022 | 22.58% |
| Sep 30, 2021 | 25.11% |