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Gildan ActivewearGIL +0.93%88 Debt-to-EBITDA is 29.48 as of Mar. 2026, which is 2150% above its 10-year median of 1.31. GuruFocus rates GIL with a GF Score™ of 88/100 and a GF Value™ of $64.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 809 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks worse than 85.29% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Gildan Activewear's Debt-to-EBITDA or its related term are showing as below:
GIL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -22.32 Med: 1.31 Max: 8.46
Current: 8.46
During the past 13 years, the highest Debt-to-EBITDA Ratio of Gildan Activewear was 8.46. The lowest was -22.32. And the median was 1.31.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Gildan Activewear Debt-to-EBITDA Related Terms
Gildan Activewear Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Gildan Activewear's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Apparel Manufacturing subindustry, Gildan Activewear's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gildan Activewear Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Gildan Activewear's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Gildan Activewear (GIL) has a Debt-to-EBITDA of 29.48 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Gildan Activewear. This is 2150% above median its historical median of 1.31. According to the industry distribution chart, Gildan Activewear ranks #690 out of 809 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.3%.
Is Gildan Activewear's Debt-to-EBITDA too high?
Gildan Activewear's current Debt-to-EBITDA of 29.48 is 2150% above median its 10-year median of 1.31. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Gildan Activewear's value of 29.48 is 983.8% above this industry median. Based on the distribution chart, Gildan Activewear ranks #690 out of 809 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gildan Activewear has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #690 out of 809 companies for Debt-to-EBITDA. This places Gildan Activewear in the lower half of its industry. The industry median Debt-to-EBITDA is 2.72. Gildan Activewear's value of 29.48 is 983.8% above this benchmark. While the company's 10-year median is 1.31 vs. the industry median of 2.72, Gildan Activewear has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 809 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gildan Activewear's current Debt-to-EBITDA of 29.48 is 983.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Gildan Activewear. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current Debt-to-EBITDA is 29.48, which is 2150% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (GIL) is currently considered Modestly Undervalued. The stock's GF Value™ is $64.89, compared to a current price of $54.08 — trading 16.7% below its estimated fair value. The current Debt-to-EBITDA is 29.48, which is 2150% above median its 10-year median of 1.31 and 983.8% above the Manufacturing - Apparel & Accessories industry median of 2.72. Gildan Activewear's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Gildan Activewear (GIL), the current Debt-to-EBITDA is 29.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gildan Activewear (GIL) Overvalued in 2026?
Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued.
The current stock price of $54.08 is trading 16.7% below its estimated GF Value™ of $64.89.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for GIL:
Debt-to-EBITDA: 29.48 (2150% above median its 10-year median of 1.31)
GF Value™: $64.89 vs. price of $54.08 (16.7% below fair value)
Industry Position: 983.8% above the Manufacturing - Apparel & Accessories median (#690 of 809)
No single metric tells the full story. See the GIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score
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