GIL (Gildan Activewear) Interest Expense: $-154 Mil (TTM As of Mar. 2026)

What is Gildan Activewear Interest Expense?

Gildan Activewear GIL -2.18% 88 Interest Expense is $-154 Mil as of Mar. 2026. GuruFocus rates GIL with a GF Score™ of 88/100 and a GF Value™ of $62.46 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gildan Activewear's interest expense for the three months ended in Mar. 2026 was $ -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-154 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Gildan Activewear's Operating Income for the three months ended in Mar. 2026 was $ 60 Mil. Gildan Activewear's Interest Expense for the three months ended in Mar. 2026 was $ -56 Mil. Gildan Activewear's Interest Coverage for the quarter that ended in Mar. 2026 was 1.06. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gildan Activewear (NYSE:GIL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gildan Activewear's Interest Expense for the three months ended in Mar. 2026 was $-56 Mil. Its Operating Income for the three months ended in Mar. 2026 was $60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $4,502 Mil.

Gildan Activewear's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	59.7	/	-56.262
	=	1.06

* 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.

The higher the ratio, the stronger the company's financial strength is.

Gildan Activewear Interest Expense Historical Data

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The historical data trend for Gildan Activewear's Interest Expense can be seen below:

Gildan Activewear Interest Expense Chart

Gildan Activewear Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-17.73

-28.76

-57.20

-85.45

-117.84

Gildan Activewear Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-25.52	-32.00	-28.05	-37.20	-56.26

88GF Score

Gildan Activewear Inc GIL

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Gildan Activewear Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-154 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-154 Mil mean?

Gildan Activewear (GIL) has a Interest Expense of $-154 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gildan Activewear and its competitors.

Is Gildan Activewear's Interest Expense too high?

Gildan Activewear's current Interest Expense is $-154 Mil. 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 Interest Expense compare to RL and LEVI?

Gildan Activewear's Interest Expense of $-154 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Manufacturing - Apparel & Accessories company?

A good Interest Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gildan Activewear and its competitors. Gildan Activewear's current Interest Expense is $-154 Mil. 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 $62.46, compared to a current price of $51.67 — trading 17.3% below its estimated fair value. The current Interest Expense is $-154 Mil. 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Gildan Activewear (GIL), the current Interest Expense is $-154 Mil 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 $51.67 is trading 17.3% below its estimated GF Value™ of $62.46. GuruFocus considers Gildan Activewear to be Modestly Undervalued.

Key valuation signals for GIL:

Interest Expense: $-154 Mil
GF Value™: $62.46 vs. price of $51.67 (17.3% below fair value)
GF Score™: 88/100 with 5 warning signs

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 Activewear Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies TSX:GOOS TSX:IFA TSX:UNI OSTO:HM B RL MIL:MONC LEVI WAR:LPP VFC HKSE:03998 SHSE:600177 BOM:532827 KTB SHSE:600398 ZGN PVH COLM XTER:BOSS TPE:1476 UAA

Other Exchanges VGA:Germany GIL:Canada

Address 600 de Maisonneuve Boulevard West, 33rd Floor, Suite 3300, Montreal, QC, CAN, H3A 3J2

Website https://www.gildancorp.com

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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.67

Price

$62.46

GF Value

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