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Amer Sports vs Gildan Activewear: revenue, profit, margins and growth compared

Amer Sports brought in $6.6B of revenue in fiscal 2025, Gildan Activewear $3.6B in fiscal 2025. Revenue changed by +26.7% at Amer Sports and +10.7% at Gildan Activewear on the year before, so Amer Sports grew faster. Amer Sports kept 6.5% of its revenue as net profit, Gildan Activewear 11.0%. Free cash flow was $513.3M at Amer Sports and $499.9M at Gildan Activewear.

Side by side, latest fiscal year

ASGIL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 28, 2025)
Revenue$6.6B$3.6B
Revenue growth+26.7%+10.7%
Net income$427.4M$398.9M
Net margin6.5%11.0%
Free cash flow$513.3M$499.9M
Free cash flow margin7.8%13.8%
Earnings per share (diluted)$0.76$2.61
Cash$652.3M$284.5M
Debt$935.1M$4.3B
Price to earningsn/an/a
Market value$15.5B$7.6B
Dividend yieldn/an/a
Rank by revenue in sector#162 of 778 · Consumer discretionary#261 of 778 · Consumer discretionary

Over the years

Revenue
AS FY2021: $3.1BAS FY2023: $3.6BAS FY2023: $4.4BAS FY2024: $5.2BAS FY2025: $6.6BGIL FY2018: $2.9BGIL FY2019: $2.8BGIL FY2020: $2BGIL FY2020: $2.9BGIL FY2022: $3.2BGIL FY2023: $3.2BGIL FY2024: $3.3BGIL FY2025: $3.6BFY18FY19FY20FY21FY22FY23FY24FY25
AS $6.6BGIL $3.6B
Net income
AS FY2021: -$126.3MAS FY2023: -$252.7MAS FY2023: -$208.6MAS FY2024: $72.6MAS FY2025: $427.4MGIL FY2018: $350.8MGIL FY2019: $259.8MGIL FY2020: -$225.3MGIL FY2020: $607.2MGIL FY2022: $541.5MGIL FY2023: $533.6MGIL FY2024: $400.9MGIL FY2025: $398.9MFY18FY19FY20FY21FY22FY23FY24FY25
AS $427.4MGIL $398.9M
Net margin
AS FY2021: -4.1%AS FY2023: -7.1%AS FY2023: -4.7%AS FY2024: 1.4%AS FY2025: 6.5%GIL FY2018: 12.1%GIL FY2019: 9.2%GIL FY2020: -11.4%GIL FY2020: 20.8%GIL FY2022: 16.7%GIL FY2023: 16.7%GIL FY2024: 12.3%GIL FY2025: 11.0%FY18FY19FY20FY21FY22FY23FY24FY25
AS 6.5%GIL 11.0%
Revenue growth
AS FY2023: +16.5%AS FY2023: +23.2%AS FY2024: +17.8%AS FY2025: +26.7%GIL FY2019: -2.9%GIL FY2020: -29.8%GIL FY2020: +47.5%GIL FY2022: +10.9%GIL FY2023: -1.4%GIL FY2024: +2.3%GIL FY2025: +10.7%FY19FY20FY22FY23FY24FY25
AS +26.7%GIL +10.7%
Free cash flow
AS FY2021: $207.3MAS FY2023: -$169.4MAS FY2023: $75.4MAS FY2024: $195.6MAS FY2025: $513.3MGIL FY2018: $430.9MGIL FY2019: $232.4MGIL FY2020: $364.4MGIL FY2020: $490.1MGIL FY2022: $174.4MGIL FY2023: $343.3MGIL FY2024: $356.1MGIL FY2025: $499.9MFY18FY19FY20FY21FY22FY23FY24FY25
AS $513.3MGIL $499.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Amer Sports and Gildan Activewear

Which is bigger by revenue, Amer Sports or Gildan Activewear?

Amer Sports is bigger by revenue: $6.6B in fiscal 2025, against $3.6B for Gildan Activewear in fiscal 2025.

Which keeps more of its revenue as profit, Amer Sports or Gildan Activewear?

Amer Sports had a net margin of 6.5% in fiscal 2025; Gildan Activewear had 11.0% in fiscal 2025.

Which grew revenue faster, Amer Sports or Gildan Activewear?

In their latest fiscal years revenue changed by +26.7% at Amer Sports and +10.7% at Gildan Activewear.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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