Return On Equity ratio Analysis of Gildan Activewear Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
23.71
Period Ending - Dec-22
Very Good ROE
28.77
Growth
-17.58 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
26.44
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.08
ROE Analysis of Gildan Activewear Inc.
| ROE Ratio of Gildan Activewear Inc. with value of 26.44 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of GIL has fallen by -17.58 % Compared to previous Financial Year. |
| ROE Ratio with value of 31.63 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of -14.45 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 23.71 is Greater than Average ROE of 16.77 in last five years. |
Other ROE Related Info of GIL that may interest you.
Gildan Activewear Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GIL | 35.38 | 35.57 | 0.534 % | Apparel Manufacturing |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Gildan Activewear Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 23.71 | 28.77 | 31.63 | -14.45 | 14.16 | 18.12 | 17.66 |
| Change | -17.58 % | -9.05 % | 318.90 % | -202.04 % | -21.83 % | 2.58 % | 8.01 % |
FY Chart of Return On Equity of Gildan Activewear Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)