Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gildan Activewear's retained earnings for the quarter that ended in Mar. 2026 was $1,000 Mil.
Gildan Activewear's quarterly retained earnings
increased
from Sep. 2025 ($1,154 Mil) to Dec. 2025 ($1,170 Mil) but then
declined
from Dec. 2025 ($1,170 Mil) to Mar. 2026 ($1,000 Mil).
Gildan Activewear's annual retained earnings
declined
from Dec. 2023 ($1,611 Mil) to Dec. 2024 ($1,118 Mil) but then
increased
from Dec. 2024 ($1,118 Mil) to Dec. 2025 ($1,170 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Gildan Activewear Retained Earnings Historical Data
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The historical data trend for Gildan Activewear's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Gildan Activewear (GIL) has a Retained Earnings of $1,000 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gildan Activewear and its competitors.
Is Gildan Activewear's Retained Earnings too high?
Gildan Activewear's current Retained Earnings is $1,000 Mil. Overall, Gildan Activewear has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Retained Earnings compare to RL and LEVI?
Gildan Activewear's Retained Earnings of $1,000 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 Retained Earnings for a Manufacturing - Apparel & Accessories company?
A good Retained Earnings depends on the Manufacturing - Apparel & Accessories industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gildan Activewear and its competitors. Gildan Activewear's current Retained Earnings is $1,000 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 $64.17, compared to a current price of $50.89 — trading 20.7% below its estimated fair value. The current Retained Earnings is $1,000 Mil. Gildan Activewear's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Gildan Activewear (GIL), the current Retained Earnings is $1,000 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 $50.89 is trading 20.7% below its estimated GF Value™ of $64.17.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for GIL:
Retained Earnings: $1,000 Mil
GF Value™: $64.17 vs. price of $50.89 (20.7% below fair value)
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.
87GF Score
Get the complete analysis for GIL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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