Hanesbrands (HBI) Financials

$4.38 -0.09 (-1.91%)

Closing price 03:59 PM Eastern

Extended Trading

$4.39 +0.01 (+0.34%)

As of 07:21 PM Eastern

Annual Income Statements for Hanesbrands

This table shows Hanesbrands' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	405	429	539	74	540	601	-76	77	-127	-18	-320
Consolidated Net Income / (Loss)	405	429	539	74	540	601	-76	77	-127	-18	-320
Net Income / (Loss) Continuing Operations	405	429	537	76	540	573	-32	521	-321	29	-98
Total Pre-Tax Income	465	474	571	529	644	644	-142	581	127	14	-57
Total Operating Income	564	595	790	736	865	851	43	798	267	266	186
Total Gross Profit	1,904	2,136	2,276	2,489	2,653	2,429	1,603	2,652	1,347	1,292	1,360
Total Revenue	5,325	5,732	6,028	6,471	6,804	6,426	6,127	6,801	3,863	3,639	3,507
Operating Revenue	5,325	5,732	6,028	6,471	6,804	6,426	6,127	6,801	3,863	3,639	3,507
Total Cost of Revenue	3,420	3,595	3,752	3,982	4,151	3,997	4,524	4,150	2,516	2,347	2,148
Operating Cost of Revenue	3,420	3,595	3,752	3,982	4,151	3,997	4,524	4,150	2,516	2,347	2,148
Total Operating Expenses	1,340	1,541	1,486	1,753	1,789	1,578	1,560	1,854	1,080	1,026	1,174
Selling, General & Admin Expense	1,340	1,541	1,486	1,725	1,789	1,578	1,560	1,854	1,080	1,026	1,174
Total Other Income / (Expense), net	-99	-121	-219	-207	-221	-207	-185	-217	-140	-252	-243
Interest Expense	96	118	153	174	195	177	164	163	132	214	196
Other Income / (Expense), net	-2.60	-3.21	-66	-33	-26	-30	-21	-54	-8.29	-38	-47
Income Tax Expense	60	45	34	453	104	70	-110	60	448	-15	41
Net Income / (Loss) Discontinued Operations	0.00	0.00	2.46	-2.10	-	27	-43	-444	193	-47	-222
Basic Earnings per Share	$1.01	$1.07	$1.41	$0.20	$1.48	$1.65	($0.21)	$0.22	($0.36)	($0.05)	($0.91)
Weighted Average Basic Shares Outstanding	402.30M	399.89M	381.78M	367.68M	363.51M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M
Diluted Earnings per Share	$0.99	$1.06	$1.40	$0.20	$1.48	$1.64	($0.21)	$0.22	($0.36)	($0.05)	($0.91)
Weighted Average Diluted Shares Outstanding	402.30M	399.89M	381.78M	367.68M	363.51M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M
Weighted Average Basic & Diluted Shares Outstanding	402.30M	399.89M	381.78M	367.68M	363.51M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M

This table shows Hanesbrands' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	80	-418	-34	-22	-39	78	-39	-298	30	-13
Consolidated Net Income / (Loss)	80	-418	-34	-22	-39	78	-39	-298	30	-13
Net Income / (Loss) Continuing Operations	80	-607	-34	-8.85	-5.98	78	-39	-137	32	45
Total Pre-Tax Income	97	-218	-16	3.98	15	11	-24	-124	45	46
Total Operating Income	141	-192	57	70	81	58	52	-63	103	94
Total Gross Profit	563	-372	450	357	350	136	461	307	390	201
Total Revenue	1,671	-898	1,389	1,035	961	254	1,156	995	937	419
Operating Revenue	1,671	-898	1,389	1,035	961	254	1,156	995	937	419
Total Cost of Revenue	1,108	-525	940	678	612	118	695	688	547	218
Operating Cost of Revenue	1,108	-525	940	678	612	118	695	688	547	218
Total Operating Expenses	421	-180	392	287	269	78	409	370	287	107
Selling, General & Admin Expense	421	-180	392	287	269	78	409	370	287	107
Total Other Income / (Expense), net	-45	-27	-73	-66	-66	-47	-76	-61	-58	-48
Interest Expense	42	24	58	59	57	40	67	50	49	30
Other Income / (Expense), net	-3.21	-2.21	-15	-7.24	-9.08	-6.67	-9.27	-11	-9.51	-18
Income Tax Expense	16	389	19	13	21	-67	15	12	13	0.49
Basic Earnings per Share	$0.23	($1.19)	($0.10)	($0.06)	($0.11)	$0.22	($0.11)	($0.85)	$0.17	($0.12)
Weighted Average Basic Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M
Diluted Earnings per Share	$0.23	($1.19)	($0.10)	($0.06)	($0.11)	$0.22	($0.11)	($0.85)	$0.16	($0.11)
Weighted Average Diluted Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M
Weighted Average Basic & Diluted Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M

This table details how cash moves in and out of Hanesbrands' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	124	79	141	-39	34	-126	581	-350	-322	-33	9.85
Net Cash From Operating Activities	508	227	606	656	643	803	448	623	-359	562	264
Net Cash From Continuing Operating Activities	508	227	606	656	643	803	448	623	-359	562	264
Net Income / (Loss) Continuing Operations	405	429	539	74	540	601	-76	77	-127	-18	-320
Consolidated Net Income / (Loss)	405	429	539	74	540	601	-76	77	-127	-18	-320
Depreciation Expense	76	80	81	97	106	106	108	94	88	88	80
Amortization Expense	28	31	31	10	9.28	36	36	33	26	26	25
Non-Cash Adjustments To Reconcile Net Income	33	21	66	61	46	14	658	534	28	33	347
Changes in Operating Assets and Liabilities, net	-33	-334	-112	413	-58	47	-278	-114	-373	432	133
Net Cash From Investing Activities	-358	-277	-967	-105	-419	-110	-41	-52	-216	-23	813
Net Cash From Continuing Investing Activities	-358	-277	-967	-105	-419	-110	-41	-52	-216	-23	813
Purchase of Property, Plant & Equipment	-64	-99	-83	-87	-86	-101	-54	-69	-112	-44	-38
Acquisitions	-360	-193	-964	-62	-335	-25	0.00	0.00	-103	0.00	0.00
Sale of Property, Plant & Equipment	7.12	15	81	4.46	2.56	4.88	0.67	2.81	0.16	0.33	12
Other Investing Activities, net	-5.07	-	-	0.00	0.00	12	12	14	-1.46	20	839
Net Cash From Financing Activities	-24	133	511	-586	-200	-824	142	-888	296	-580	-1,047
Net Cash From Continuing Financing Activities	-24	133	511	-586	-200	-824	142	-888	296	-580	-1,047
Repayment of Debt	-4,221	-1,651	-6,536	-5,973	-4,022	-4,421	-2,278	-1,828	-3,124	-6,264	-3,491
Repurchase of Common Equity	0.00	-351	-380	-400	0.00	0.00	-200	0.00	-25	0.00	0.00
Payment of Dividends	-120	-161	-167	-220	-216	-217	-210	-209	-209	0.00	0.00
Issuance of Debt	4,332	2,328	7,611	6,064	4,038	3,813	2,831	1,149	3,654	5,684	2,445
Effect of Exchange Rate Changes	-2.02	-3.88	-8.94	-4.12	9.91	4.43	31	-33	-43	8.90	-21

This table details how cash moves in and out of Hanesbrands' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	5.21	-15	-25	-21	-0.74	14	-14	41	98	-115
Net Cash From Operating Activities	-51	133	45	88	155	274	26	78	92	67
Net Cash From Continuing Operating Activities	-51	133	45	88	145	285	26	78	92	67
Net Income / (Loss) Continuing Operations	80	-418	-34	-22	-39	78	-39	-298	30	-13
Consolidated Net Income / (Loss)	80	-418	-34	-22	-39	78	-39	-298	30	-13
Depreciation Expense	23	24	20	22	24	22	21	25	21	13
Amortization Expense	6.29	5.98	6.16	6.43	-0.11	13	6.65	6.66	-5.66	17
Non-Cash Adjustments To Reconcile Net Income	9.59	22	12	14	-8.05	16	-2.38	261	17	71
Changes in Operating Assets and Liabilities, net	-169	499	41	68	168	155	40	84	30	-21
Net Cash From Investing Activities	-33	-37	-5.30	-9.22	-0.85	-8.11	-20	-4.21	-7.41	845
Net Cash From Continuing Investing Activities	-33	-37	-5.30	-9.22	-2.15	-6.81	-20	-4.21	-7.41	845
Purchase of Property, Plant & Equipment	-33	-41	-24	-9.33	-2.22	-8.27	-20	-7.83	-4.09	-5.71
Sale of Property, Plant & Equipment	0.04	-0.10	-	-	-	0.16	-	-	-	0.03
Other Investing Activities, net	-	4.18	19	0.10	-0.11	1.30	0.03	3.63	-3.65	839
Net Cash From Financing Activities	119	-139	-64	-99	-145	-272	-7.46	-33	-0.17	-1,007
Net Cash From Continuing Financing Activities	119	-139	-64	-99	-145	-272	-7.46	-33	-0.17	-1,007
Repayment of Debt	-1,005	-1,078	-2,565	-1,118	-1,461	-1,120	-837	-793	-631	-1,231
Issuance of Debt	1,176	991	2,501	1,019	1,317	848	830	760	631	224

This table presents Hanesbrands' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	5,208	5,598	6,930	6,895	7,238	7,354	7,720	7,071	6,504	5,640	3,841
Total Current Assets	2,550	2,918	3,321	3,386	3,542	3,225	3,429	3,528	3,132	2,276	1,715
Cash & Equivalents	240	319	460	422	433	329	901	536	238	185	215
Accounts Receivable	672	680	837	903	871	815	768	894	721	424	376
Inventories, net	1,537	1,815	1,841	1,875	2,057	1,906	1,368	1,584	1,980	956	871
Other Current Assets	101	104	138	186	181	175	159	187	179	113	153
Other Current Nonoperating Assets	-	0.00	46	-	-	-	234	327	13	598	100
Plant, Property, & Equipment, net	674	650	692	624	608	588	478	441	442	353	188
Total Noncurrent Assets	1,984	2,029	2,917	2,884	3,088	3,542	3,813	3,102	2,930	3,011	1,937
Goodwill	723	834	1,099	1,167	1,242	1,236	1,159	1,133	1,109	659	638
Intangible Assets	691	701	1,285	1,403	1,555	1,521	1,294	1,220	1,256	960	886
Noncurrent Deferred & Refundable Income Taxes	496	445	465	235	207	203	368	328	20	18	14
Other Noncurrent Operating Assets	74	49	68	80	84	582	497	421	545	407	339
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	495	-	-	967	60
Total Liabilities & Shareholders' Equity	5,208	5,598	6,930	6,895	7,238	7,354	7,720	7,071	6,504	5,640	3,841
Total Liabilities	3,821	4,322	5,707	6,209	6,366	6,117	6,906	6,369	6,106	5,221	3,807
Total Current Liabilities	1,482	1,504	1,626	1,779	2,046	1,771	2,124	2,327	1,791	1,391	1,249
Short-Term Debt	370	371	235	261	446	115	264	25	247	65	95
Accounts Payable	621	673	762	868	1,030	959	892	1,215	917	539	593
Accrued Expenses	149	126	135	150	148	164	173	242	169	130	111
Current Employee Benefit Liabilities	143	142	155	153	147	159	121	156	85	83	121
Other Current Liabilities	199	192	330	346	274	374	452	373	359	262	285
Other Current Nonoperating Liabilities	-	0.00	9.47	-	-	-	222	317	13	312	43
Total Noncurrent Liabilities	2,339	2,818	4,081	4,430	4,320	4,346	4,782	4,042	4,315	3,830	2,558
Long-Term Debt	1,614	2,233	3,508	3,702	3,534	3,257	3,739	3,326	3,612	3,236	2,186
Capital Lease Obligations	-	-	-	-	0.00	358	332	282	327	235	206
Noncurrent Employee Benefit Liabilities	472	362	372	405	379	403	381	249	116	98	66
Other Noncurrent Operating Liabilities	253	223	202	185	407	327	216	185	260	121	67
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	113	-	-	140	33
Total Equity & Noncontrolling Interests	1,387	1,276	1,224	686	872	1,237	814	702	398	419	34
Total Preferred & Common Equity	1,387	1,276	1,224	686	872	1,237	814	702	398	419	34
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,387	1,276	1,224	686	872	1,237	814	702	398	419	34
Common Stock	295	281	264	275	288	308	311	319	338	357	377
Retained Earnings	1,464	1,389	1,396	850	1,080	1,546	1,070	935	572	555	234
Accumulated Other Comprehensive Income / (Loss)	-373	-395	-436	-439	-496	-618	-567	-552	-512	-492	-577

This table presents Hanesbrands' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	7,099	6,433	6,279	5,913	5,590	5,380	5,462
Total Current Assets	3,555	3,029	2,892	2,596	2,324	2,286	2,340
Cash & Equivalents	253	213	173	173	191	214	317
Accounts Receivable	927	682	558	573	556	484	506
Inventories, net	2,136	1,969	1,173	1,066	1,419	938	928
Other Current Assets	224	160	155	155	158	189	188
Other Current Nonoperating Assets	15	4.99	832	629	0.00	461	401
Plant, Property, & Equipment, net	443	442	370	356	398	210	198
Total Noncurrent Assets	3,101	2,961	3,018	2,961	2,868	2,884	2,924
Goodwill	1,085	1,107	659	650	1,100	659	667
Intangible Assets	1,211	1,242	956	928	1,197	936	955
Noncurrent Deferred & Refundable Income Taxes	329	22	3.76	5.27	21	17	20
Other Noncurrent Operating Assets	477	591	440	428	550	367	376
Other Noncurrent Nonoperating Assets	-	-	959	949	-	905	906
Total Liabilities & Shareholders' Equity	7,099	6,433	6,279	5,913	5,590	5,380	5,462
Total Liabilities	6,424	6,093	5,931	5,639	5,252	5,315	5,312
Total Current Liabilities	2,082	1,764	1,728	1,655	1,459	1,566	1,575
Short-Term Debt	243	219	208	260	62	44	59
Accounts Payable	1,131	966	792	629	816	704	685
Accrued Expenses	594	475	400	433	478	513	544
Other Current Liabilities	99	100	68	71	104	65	72
Other Current Nonoperating Liabilities	15	4.99	261	264	0.00	240	216
Total Noncurrent Liabilities	4,342	4,329	4,203	3,984	3,792	3,749	3,737
Long-Term Debt	3,656	3,589	3,504	3,310	3,237	3,224	3,211
Capital Lease Obligations	260	379	253	234	328	217	231
Noncurrent Employee Benefit Liabilities	230	114	110	107	100	95	89
Other Noncurrent Operating Liabilities	196	247	207	202	126	94	104
Other Noncurrent Nonoperating Liabilities	-	-	130	131	-	119	101
Total Equity & Noncontrolling Interests	675	340	348	274	338	64	149
Total Preferred & Common Equity	675	340	348	274	338	64	149
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	675	340	348	274	338	64	149
Common Stock	332	340	347	352	358	367	375
Retained Earnings	1,043	538	516	477	516	217	247
Accumulated Other Comprehensive Income / (Loss)	-700	-539	-514	-555	-536	-520	-474

This table displays calculated financial ratios and metrics derived from Hanesbrands' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.06%	7.64%	5.18%	7.35%	5.14%	-5.56%	-4.65%	11.00%	-43.20%	-5.78%	-3.63%
EBITDA Growth	11.77%	5.61%	18.95%	-2.96%	17.54%	0.89%	-82.75%	424.42%	-57.20%	-8.09%	-29.02%
EBIT Growth	12.79%	5.44%	22.30%	-2.81%	19.15%	-2.12%	-97.32%	3,280.77%	-65.18%	-11.80%	-39.39%
NOPAT Growth	14.05%	9.77%	37.89%	-85.77%	585.85%	4.52%	-96.06%	2,294.71%	-194.10%	180.48%	-75.97%
Net Income Growth	22.40%	6.02%	25.77%	-86.30%	630.45%	11.31%	-112.58%	202.18%	-264.72%	86.06%	-1,707.69%
EPS Growth	22.40%	7.07%	32.08%	-85.71%	640.00%	10.81%	-112.80%	204.76%	-263.64%	86.11%	-1,720.00%
Operating Cash Flow Growth	-14.07%	-55.32%	166.78%	8.27%	-1.88%	24.87%	-44.18%	39.01%	-157.55%	256.56%	-52.96%
Free Cash Flow Firm Growth	2,111.58%	-31.62%	-252.91%	307.94%	53.64%	1.13%	50.70%	-3.92%	-257.41%	281.28%	-74.60%
Invested Capital Growth	11.82%	13.71%	25.55%	-5.40%	4.53%	4.94%	-16.89%	-1.71%	14.69%	-38.83%	-16.41%
Revenue Q/Q Growth	4.65%	-1.93%	2.83%	1.09%	1.84%	-8.00%	8.49%	0.94%	-40.69%	-25.10%	-34.31%
EBITDA Q/Q Growth	13.49%	3.82%	6.08%	-12.84%	18.59%	-1.14%	-78.19%	122.04%	-44.70%	5.70%	-0.87%
EBIT Q/Q Growth	15.24%	4.63%	6.76%	-12.17%	18.34%	-4.31%	-96.46%	217.43%	-53.85%	-2.29%	2.23%
NOPAT Q/Q Growth	10.49%	6.49%	8.95%	-86.83%	2,587.20%	1.71%	-94.87%	14.11%	-229.13%	104.49%	7.81%
Net Income Q/Q Growth	16.46%	7.45%	7.57%	-87.76%	2,764.62%	6.52%	-117.12%	124.52%	-136.25%	96.55%	-39.55%
EPS Q/Q Growth	16.46%	3.92%	5.26%	-87.95%	2,014.29%	6.49%	-117.07%	124.72%	-136.00%	96.58%	-56.90%
Operating Cash Flow Q/Q Growth	-7.56%	10.40%	15.92%	-9.98%	38.09%	7.58%	-43.23%	-16.28%	9.31%	33.68%	-43.92%
Free Cash Flow Firm Q/Q Growth	124.40%	-63.72%	60.43%	-57.89%	28,035.82%	-10.60%	-37.18%	-35.61%	-241.02%	121.83%	13.42%
Invested Capital Q/Q Growth	-11.57%	-4.94%	-7.82%	-12.41%	-8.98%	-7.19%	-10.05%	2.43%	-5.13%	-2.33%	-5.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.77%	37.27%	37.76%	38.47%	39.00%	37.80%	26.16%	38.99%	34.87%	35.50%	38.76%
EBITDA Margin	12.50%	12.26%	13.87%	12.54%	14.02%	14.97%	2.71%	12.80%	9.65%	9.41%	6.93%
Operating Margin	10.59%	10.38%	13.11%	11.38%	12.71%	13.24%	0.70%	11.73%	6.92%	7.32%	5.30%
EBIT Margin	10.54%	10.33%	12.01%	10.87%	12.32%	12.77%	0.36%	10.94%	6.71%	6.28%	3.95%
Profit (Net Income) Margin	7.60%	7.48%	8.95%	1.14%	7.93%	9.35%	-1.23%	1.14%	-3.29%	-0.49%	-9.14%
Tax Burden Percent	87.00%	90.50%	94.43%	13.96%	83.85%	93.34%	53.14%	13.29%	-99.89%	-123.70%	558.30%
Interest Burden Percent	82.83%	80.06%	78.91%	75.21%	76.78%	78.44%	-646.16%	78.09%	49.15%	6.27%	-41.44%
Effective Tax Rate	13.00%	9.50%	6.00%	85.64%	16.15%	10.91%	0.00%	10.34%	351.72%	-103.41%	0.00%
Return on Invested Capital (ROIC)	16.55%	16.10%	18.50%	2.43%	16.77%	16.73%	0.70%	18.71%	-16.55%	15.47%	5.33%
ROIC Less NNEP Spread (ROIC-NNEP)	11.35%	10.65%	11.15%	1.49%	11.54%	12.21%	-2.57%	-2.11%	-1.03%	-2.62%	-15.02%
Return on Net Nonoperating Assets (RNNOA)	14.36%	16.11%	24.66%	5.30%	52.49%	40.24%	-8.07%	-8.53%	-6.56%	-19.80%	-146.69%
Return on Equity (ROE)	30.91%	32.21%	43.15%	7.74%	69.26%	56.97%	-7.37%	10.18%	-23.11%	-4.34%	-141.36%
Cash Return on Invested Capital (CROIC)	5.39%	3.26%	-4.16%	7.98%	12.34%	11.91%	19.15%	20.44%	-30.23%	63.66%	23.21%
Operating Return on Assets (OROA)	12.07%	10.96%	11.56%	10.18%	11.86%	11.25%	0.29%	10.06%	3.82%	3.76%	2.92%
Return on Assets (ROA)	8.70%	7.94%	8.61%	1.07%	7.64%	8.23%	-1.00%	1.04%	-1.87%	-0.29%	-6.76%
Return on Common Equity (ROCE)	30.91%	32.21%	43.15%	7.74%	69.26%	56.97%	-7.37%	10.18%	-23.11%	-4.34%	-141.36%
Return on Equity Simple (ROE_SIMPLE)	29.17%	33.61%	44.07%	10.77%	61.88%	48.58%	-9.29%	10.99%	-31.94%	-4.23%	-942.17%
Net Operating Profit after Tax (NOPAT)	491	539	743	106	725	758	30	715	-673	542	130
NOPAT Margin	9.21%	9.40%	12.32%	1.63%	10.66%	11.79%	0.49%	10.52%	-17.42%	14.88%	3.71%
Net Nonoperating Expense Percent (NNEP)	5.20%	5.45%	7.35%	0.94%	5.23%	4.52%	3.27%	20.82%	-15.52%	18.08%	20.36%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-14.68%	13.69%	5.16%
Cost of Revenue to Revenue	64.23%	62.73%	62.24%	61.53%	61.00%	62.20%	73.84%	61.01%	65.13%	64.50%	61.24%
SG&A Expenses to Revenue	25.17%	26.89%	24.65%	26.66%	26.29%	24.56%	25.46%	27.26%	27.95%	28.18%	33.46%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.17%	26.89%	24.65%	27.09%	26.29%	24.56%	25.46%	27.26%	27.95%	28.18%	33.46%
Earnings before Interest and Taxes (EBIT)	561	592	724	704	838	820	22	744	259	229	139
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	666	703	836	811	954	962	166	871	373	342	243
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.08	6.99	5.24	8.99	4.22	3.76	5.69	7.83	5.57	3.72	85.30
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.58	1.56	1.06	0.95	0.54	0.72	0.76	0.81	0.57	0.43	0.83
Price to Earnings (P/E)	20.85	20.80	11.89	83.51	6.82	7.75	0.00	71.23	0.00	0.00	0.00
Dividend Yield	1.42%	1.76%	2.59%	3.55%	5.88%	4.66%	4.51%	3.81%	9.43%	0.00%	0.00%
Earnings Yield	4.80%	4.81%	8.41%	1.20%	14.67%	12.91%	0.00%	1.40%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.25	3.15	2.17	2.30	1.64	1.74	2.09	2.27	1.42	1.85	2.33
Enterprise Value to Revenue (EV/Rev)	1.91	1.95	1.61	1.50	1.06	1.25	1.32	1.26	1.60	1.35	1.48
Enterprise Value to EBITDA (EV/EBITDA)	15.29	15.94	11.60	11.97	7.58	8.37	48.59	9.87	16.55	14.34	21.28
Enterprise Value to EBIT (EV/EBIT)	18.13	18.93	13.39	13.80	8.62	9.82	366.51	11.55	23.80	21.50	37.35
Enterprise Value to NOPAT (EV/NOPAT)	20.75	20.80	13.06	91.87	9.97	10.63	270.11	12.02	0.00	9.07	39.75
Enterprise Value to Operating Cash Flow (EV/OCF)	20.03	49.35	16.01	14.81	11.23	10.03	17.99	13.79	0.00	8.74	19.58
Enterprise Value to Free Cash Flow (EV/FCFF)	63.73	102.59	0.00	27.97	13.55	14.93	9.92	11.01	0.00	2.20	9.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.43	2.04	3.06	5.78	4.56	3.02	5.33	5.17	10.51	8.43	73.13
Long-Term Debt to Equity	1.16	1.75	2.87	5.40	4.05	2.92	5.00	5.14	9.89	8.28	70.34
Financial Leverage	1.27	1.51	2.21	3.55	4.55	3.30	3.14	4.04	6.39	7.57	9.76
Leverage Ratio	3.55	4.06	5.01	7.24	9.07	6.92	7.35	9.75	12.33	14.85	20.91
Compound Leverage Factor	2.94	3.25	3.95	5.44	6.96	5.43	-47.50	7.62	6.06	0.93	-8.67
Debt to Total Capital	58.86%	67.11%	75.36%	85.24%	82.03%	75.10%	84.19%	83.80%	91.31%	89.40%	98.65%
Short-Term Debt to Total Capital	10.97%	9.55%	4.73%	5.62%	9.20%	2.32%	5.13%	0.58%	5.39%	1.64%	3.77%
Long-Term Debt to Total Capital	47.89%	57.56%	70.63%	79.62%	72.83%	72.78%	79.07%	83.22%	85.92%	87.75%	94.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	41.14%	32.89%	24.64%	14.76%	17.97%	24.90%	15.81%	16.20%	8.69%	10.60%	1.35%
Debt to EBITDA	2.98	3.70	4.48	4.89	4.17	3.88	26.11	4.17	11.23	10.32	10.23
Net Debt to EBITDA	2.62	3.25	3.93	4.37	3.72	3.54	20.69	3.56	10.59	9.78	9.35
Long-Term Debt to EBITDA	2.43	3.18	4.20	4.56	3.71	3.76	24.52	4.14	10.57	10.13	9.84
Debt to NOPAT	4.04	4.83	5.04	37.49	5.49	4.92	145.15	5.08	-6.22	6.53	19.11
Net Debt to NOPAT	3.55	4.24	4.42	33.50	4.89	4.49	114.99	4.33	-5.87	6.19	17.46
Long-Term Debt to NOPAT	3.29	4.15	4.72	35.02	4.87	4.77	136.31	5.04	-5.85	6.41	18.38
Altman Z-Score	3.34	3.26	2.46	2.32	2.13	2.23	1.60	2.22	1.31	1.28	1.72
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	1.94	2.04	1.90	1.73	1.82	1.61	1.52	1.75	1.64	1.37
Quick Ratio	0.62	0.66	0.80	0.74	0.64	0.65	0.79	0.61	0.54	0.44	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	160	109	-167	347	533	540	813	781	-1,230	2,229	566
Operating Cash Flow to CapEx	888.41%	270.34%	23,601.21%	794.34%	768.37%	835.17%	845.15%	937.98%	-320.46%	1,284.73%	1,035.15%
Free Cash Flow to Firm to Interest Expense	1.66	0.93	-1.09	1.99	2.74	3.05	4.95	4.79	-9.33	10.41	2.89
Operating Cash Flow to Interest Expense	5.27	1.92	3.97	3.76	3.31	4.54	2.73	3.82	-2.72	2.62	1.35
Operating Cash Flow Less CapEx to Interest Expense	4.68	1.21	3.95	3.29	2.87	4.00	2.41	3.42	-3.57	2.42	1.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.15	1.06	0.96	0.94	0.96	0.88	0.81	0.92	0.57	0.60	0.74
Accounts Receivable Turnover	8.52	8.48	7.95	7.44	7.67	7.62	7.74	8.18	4.78	6.36	8.77
Inventory Turnover	2.43	2.15	2.05	2.14	2.11	2.02	2.76	2.81	1.41	1.60	2.35
Fixed Asset Turnover	8.49	8.65	8.98	9.83	11.05	10.75	11.50	14.80	8.74	9.15	12.96
Accounts Payable Turnover	6.29	5.56	5.23	4.89	4.37	4.02	4.89	3.94	2.36	3.22	3.79
Days Sales Outstanding (DSO)	42.86	43.06	45.94	49.08	47.59	47.89	47.16	44.61	76.33	57.42	41.62
Days Inventory Outstanding (DIO)	150.50	170.14	177.78	170.29	172.88	180.93	132.05	129.82	258.52	228.26	155.27
Days Payable Outstanding (DPO)	58.03	65.70	69.78	74.67	83.43	90.81	74.66	92.65	154.68	113.21	96.20
Cash Conversion Cycle (CCC)	135.33	147.51	153.94	144.69	137.03	138.01	104.55	81.77	180.16	172.47	100.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,131	3,560	4,470	4,228	4,420	4,638	3,855	3,789	4,346	2,658	2,222
Invested Capital Turnover	1.80	1.71	1.50	1.49	1.57	1.42	1.44	1.78	0.95	1.04	1.44
Increase / (Decrease) in Invested Capital	331	429	910	-242	192	218	-783	-66	557	-1,688	-436
Enterprise Value (EV)	10,178	11,204	9,696	9,712	7,227	8,056	8,067	8,597	6,167	4,912	5,173
Market Capitalization	8,434	8,920	6,414	6,170	3,680	4,655	4,633	5,500	2,219	1,561	2,901
Book Value per Share	$13.88	$3.26	$3.24	$1.88	$2.42	$3.42	$2.34	$2.01	$1.14	$1.20	$0.10
Tangible Book Value per Share	($0.28)	($0.66)	($3.07)	($5.17)	($5.34)	($4.20)	($4.70)	($4.73)	($5.64)	($3.43)	($4.23)
Total Capital	3,371	3,879	4,966	4,650	4,853	4,967	5,149	4,335	4,584	3,955	2,521
Total Debt	1,984	2,603	3,742	3,964	3,981	3,730	4,335	3,633	4,186	3,536	2,487
Total Long-Term Debt	1,614	2,233	3,508	3,702	3,534	3,615	4,071	3,608	3,939	3,471	2,392
Net Debt	1,744	2,284	3,282	3,542	3,548	3,401	3,434	3,097	3,947	3,351	2,272
Capital Expenditures (CapEx)	57	84	2.57	83	84	96	53	66	112	44	26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,198	1,465	1,470	1,448	1,510	1,239	668	690	1,350	765	347
Debt-free Net Working Capital (DFNWC)	1,438	1,785	1,930	1,869	1,943	1,568	1,569	1,226	1,588	951	562
Net Working Capital (NWC)	1,068	1,414	1,695	1,608	1,496	1,453	1,305	1,201	1,341	886	467
Net Nonoperating Expense (NNE)	86	110	203	32	185	157	105	638	-546	559	451
Net Nonoperating Obligations (NNO)	1,744	2,284	3,246	3,542	3,548	3,401	3,041	3,086	3,947	2,239	2,188
Total Depreciation and Amortization (D&A)	104	111	112	108	115	142	144	127	114	114	105
Debt-free, Cash-free Net Working Capital to Revenue	22.49%	25.57%	24.39%	22.37%	22.19%	19.29%	10.91%	10.14%	34.94%	21.03%	9.89%
Debt-free Net Working Capital to Revenue	27.00%	31.14%	32.02%	28.88%	28.55%	24.41%	25.61%	18.03%	41.11%	26.12%	16.02%
Net Working Capital to Revenue	20.05%	24.67%	28.13%	24.84%	21.99%	22.61%	21.30%	17.66%	34.72%	24.34%	13.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.01	$1.07	$0.00	$0.00	$1.52	$1.65	($0.21)	$0.22	($0.36)	($0.05)	($0.91)
Adjusted Weighted Average Basic Shares Outstanding	400.80M	391.67M	0.00	0.00	361.42M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M
Adjusted Diluted Earnings per Share	$0.99	$1.06	$0.00	$0.00	$1.52	$1.64	($0.21)	$0.22	($0.36)	($0.05)	($0.91)
Adjusted Weighted Average Diluted Shares Outstanding	400.80M	391.67M	0.00	0.00	361.42M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	400.80M	391.67M	0.00	0.00	361.42M	362.46M	348.80M	350.18M	349.36M	351.09M	353.11M
Normalized Net Operating Profit after Tax (NOPAT)	491	539	743	535	725	758	30	715	187	186	130
Normalized NOPAT Margin	9.21%	9.40%	12.32%	8.26%	10.66%	11.79%	0.49%	10.52%	4.85%	5.12%	3.71%
Pre Tax Income Margin	8.73%	8.27%	9.48%	8.18%	9.46%	10.02%	-2.32%	8.54%	3.30%	0.39%	-1.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.82	5.01	4.74	4.03	4.31	4.64	0.13	4.56	1.97	1.07	0.71
NOPAT to Interest Expense	5.09	4.56	4.86	0.61	3.72	4.28	0.18	4.39	-5.11	2.53	0.66
EBIT Less CapEx to Interest Expense	5.23	4.30	4.72	3.56	3.88	4.09	-0.19	4.16	1.12	0.86	0.58
NOPAT Less CapEx to Interest Expense	4.50	3.85	4.85	0.13	3.29	3.74	-0.14	3.98	-5.96	2.32	0.53
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	29.57%	37.62%	31.03%	297.64%	40.08%	36.12%	-278.36%	271.27%	-164.55%	0.00%	0.00%
Augmented Payout Ratio	29.57%	119.58%	101.46%	839.08%	40.08%	36.12%	-543.34%	271.27%	-184.22%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Hanesbrands' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.64%	-151.22%	-11.85%	-31.61%	-42.46%	128.26%	-16.78%	-3.83%	-2.52%	65.07%
EBITDA Growth	-36.38%	-219.93%	-65.16%	-47.12%	-42.62%	152.79%	2.30%	-146.18%	13.05%	22.62%
EBIT Growth	-40.63%	-279.33%	-74.90%	-56.87%	-47.95%	126.45%	0.67%	-217.90%	29.94%	48.26%
NOPAT Growth	-45.66%	-192.60%	-71.65%	-227.36%	-126.96%	408.99%	-9.09%	71.61%	334.76%	-77.60%
Net Income Growth	-47.22%	-796.46%	-128.98%	-124.39%	-148.44%	118.64%	-13.71%	-1,228.26%	177.20%	-116.53%
EPS Growth	-46.51%	-800.00%	-129.41%	-123.08%	-147.83%	118.49%	-10.00%	-1,316.67%	245.45%	-150.00%
Operating Cash Flow Growth	-116.06%	38.37%	119.26%	141.78%	406.50%	106.51%	-41.24%	-10.57%	-40.55%	-75.43%
Free Cash Flow Firm Growth	-195.26%	-427.49%	-61.63%	421.21%	339.09%	404.29%	584.32%	-76.93%	-75.22%	-74.84%
Invested Capital Growth	23.84%	14.69%	3.83%	-38.90%	-40.59%	-38.83%	-12.50%	-14.99%	-13.91%	-16.41%
Revenue Q/Q Growth	10.39%	-153.72%	-5.69%	-25.51%	-7.12%	-73.61%	-32.02%	-13.91%	-5.86%	-55.32%
EBITDA Q/Q Growth	-3.00%	-198.35%	0.89%	32.21%	5.26%	-9.52%	-39.78%	-159.68%	357.69%	-1.87%
EBIT Q/Q Growth	-4.91%	-240.38%	-24.94%	47.35%	14.77%	-28.67%	-51.42%	-272.56%	226.49%	-18.61%
NOPAT Q/Q Growth	-3.95%	-214.39%	101.12%	-487.96%	79.67%	1,411.09%	-98.46%	-221.16%	268.13%	25.12%
Net Income Q/Q Growth	-13.03%	-621.98%	91.77%	34.71%	-72.72%	300.88%	-150.19%	-662.69%	110.04%	-143.00%
EPS Q/Q Growth	-11.54%	-617.39%	91.60%	40.00%	-83.33%	300.00%	-150.00%	-672.73%	118.82%	-168.75%
Operating Cash Flow Q/Q Growth	75.89%	362.57%	-66.48%	96.91%	76.87%	76.91%	-90.46%	199.67%	17.58%	-26.88%
Free Cash Flow Firm Q/Q Growth	-54.58%	9.61%	97.14%	1,436.56%	15.06%	15.04%	-85.81%	-36.33%	23.57%	16.83%
Invested Capital Q/Q Growth	2.16%	-5.13%	-0.74%	-36.48%	-0.66%	-2.33%	41.94%	-38.29%	0.60%	-5.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.69%	0.00%	32.37%	34.47%	36.39%	53.46%	39.87%	30.85%	41.66%	48.02%
EBITDA Margin	10.00%	0.00%	4.96%	8.80%	9.97%	34.19%	6.09%	-4.22%	11.56%	25.39%
Operating Margin	8.47%	0.00%	4.13%	6.76%	8.43%	22.86%	4.51%	-6.34%	10.99%	22.44%
EBIT Margin	8.27%	0.00%	3.06%	6.06%	7.48%	20.23%	3.70%	-7.43%	9.98%	18.17%
Profit (Net Income) Margin	4.79%	0.00%	-2.48%	-2.17%	-4.04%	30.72%	-3.38%	-29.98%	3.20%	-3.08%
Tax Burden Percent	83.00%	191.47%	216.32%	-564.99%	-253.54%	711.47%	164.01%	240.22%	66.73%	-28.13%
Interest Burden Percent	69.82%	112.54%	-37.38%	6.34%	21.27%	21.34%	-55.69%	168.05%	48.01%	60.17%
Effective Tax Rate	17.00%	0.00%	0.00%	322.59%	139.06%	-615.46%	0.00%	0.00%	27.87%	1.08%
Return on Invested Capital (ROIC)	11.05%	0.00%	4.12%	-23.19%	-4.38%	170.00%	4.22%	-9.40%	16.72%	31.91%
ROIC Less NNEP Spread (ROIC-NNEP)	9.98%	0.00%	2.10%	-18.87%	-4.61%	159.10%	2.17%	-20.31%	14.81%	27.13%
Return on Net Nonoperating Assets (RNNOA)	53.05%	0.00%	13.77%	-109.68%	-30.84%	1,203.73%	23.78%	-229.38%	162.31%	264.90%
Return on Equity (ROE)	64.10%	0.00%	17.89%	-132.87%	-35.22%	1,373.73%	27.99%	-238.78%	179.03%	296.81%
Cash Return on Invested Capital (CROIC)	-8.71%	-30.23%	-17.23%	10.37%	-279.71%	63.66%	18.24%	20.36%	19.72%	23.21%
Operating Return on Assets (OROA)	7.40%	0.00%	2.79%	5.05%	5.59%	12.13%	3.33%	-6.83%	9.37%	13.44%
Return on Assets (ROA)	4.29%	0.00%	-2.25%	-1.81%	-3.01%	18.42%	-3.04%	-27.58%	3.00%	-2.28%
Return on Common Equity (ROCE)	64.10%	0.00%	17.89%	-132.87%	-35.22%	1,373.73%	27.99%	-238.78%	179.03%	296.81%
Return on Equity Simple (ROE_SIMPLE)	52.00%	0.00%	-82.56%	-113.48%	-187.48%	0.00%	-6.64%	-463.27%	-153.75%	0.00%
Net Operating Profit after Tax (NOPAT)	117	-134	40	-156	-32	415	36	-44	74	93
NOPAT Margin	7.03%	0.00%	2.89%	-15.04%	-3.29%	163.57%	3.15%	-4.44%	7.93%	22.20%
Net Nonoperating Expense Percent (NNEP)	1.07%	8.07%	2.03%	-4.32%	0.23%	10.90%	2.04%	10.92%	1.91%	4.78%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.93%	-	-	-	10.49%	-	-	-	3.69%
Cost of Revenue to Revenue	66.31%	0.00%	67.63%	65.53%	63.61%	46.54%	60.13%	69.15%	58.34%	51.98%
SG&A Expenses to Revenue	25.22%	0.00%	28.24%	27.72%	27.96%	30.60%	35.36%	37.19%	30.67%	25.58%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.22%	0.00%	28.24%	27.72%	27.96%	30.60%	35.36%	37.19%	30.67%	25.58%
Earnings before Interest and Taxes (EBIT)	138	-194	43	63	72	51	43	-74	93	76
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	167	-164	69	91	96	87	70	-42	108	106
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.52	5.57	5.41	4.56	5.06	3.72	6.00	26.91	17.14	85.30
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.36	0.57	0.30	0.29	0.29	0.43	0.38	0.32	0.48	0.83
Price to Earnings (P/E)	6.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	8.81%	9.43%	11.41%	13.22%	15.15%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	14.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.37	1.42	1.35	1.96	1.84	1.85	1.45	2.15	2.45	2.33
Enterprise Value to Revenue (EV/Rev)	0.96	1.60	0.96	0.97	1.03	1.35	1.01	0.93	1.08	1.48
Enterprise Value to EBITDA (EV/EBITDA)	9.32	16.55	12.20	13.61	15.48	14.34	14.94	21.51	23.43	21.28
Enterprise Value to EBIT (EV/EBIT)	11.19	23.80	15.18	17.92	21.45	21.50	21.82	43.93	42.40	37.35
Enterprise Value to NOPAT (EV/NOPAT)	12.05	0.00	0.00	0.00	0.00	9.07	27.54	47.51	47.58	39.75
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	25.07	11.94	8.74	10.06	9.37	12.19	19.58
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	14.36	0.00	2.20	7.41	9.70	11.51	9.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	6.16	10.51	12.33	11.40	13.88	8.43	10.73	54.13	23.45	73.13
Long-Term Debt to Equity	5.80	9.89	11.69	10.80	12.93	8.28	10.54	53.44	23.05	70.34
Financial Leverage	5.31	6.39	6.57	5.81	6.70	7.57	10.93	11.29	10.96	9.76
Leverage Ratio	11.10	12.33	11.88	12.61	13.71	14.85	17.74	28.27	26.87	20.91
Compound Leverage Factor	7.75	13.88	-4.44	0.80	2.92	3.17	-9.88	47.51	12.90	12.58
Debt to Total Capital	86.04%	91.31%	92.50%	91.93%	93.28%	89.40%	91.47%	98.19%	95.91%	98.65%
Short-Term Debt to Total Capital	5.02%	5.39%	4.83%	4.82%	6.36%	1.64%	1.56%	1.25%	1.62%	3.77%
Long-Term Debt to Total Capital	81.02%	85.92%	87.67%	87.11%	86.92%	87.75%	89.91%	96.94%	94.29%	94.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	13.96%	8.69%	7.50%	8.07%	6.72%	10.60%	8.53%	1.81%	4.09%	1.35%
Debt to EBITDA	6.17	11.23	8.79	10.03	11.74	10.32	9.92	14.98	14.28	10.23
Net Debt to EBITDA	5.80	10.59	8.34	9.59	11.21	9.78	9.39	14.06	12.98	9.35
Long-Term Debt to EBITDA	5.81	10.57	8.33	9.51	10.94	10.13	9.75	14.79	14.04	9.84
Debt to NOPAT	7.98	-6.22	-7.34	-2.90	-0.32	6.53	18.27	33.09	29.00	19.11
Net Debt to NOPAT	7.49	-5.87	-6.97	-2.77	-0.30	6.19	17.31	31.06	26.37	17.46
Long-Term Debt to NOPAT	7.51	-5.85	-6.96	-2.74	-0.29	6.41	17.96	32.67	28.51	18.38
Altman Z-Score	1.66	1.08	1.50	1.42	1.31	1.18	1.54	1.36	1.55	1.67
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.71	1.75	1.72	1.67	1.57	1.64	1.59	1.46	1.49	1.37
Quick Ratio	0.57	0.54	0.51	0.42	0.45	0.44	0.51	0.45	0.52	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-764	-691	-119	1,588	1,828	2,102	576	366	453	529
Operating Cash Flow to CapEx	-153.49%	321.99%	183.70%	940.34%	6,986.98%	3,384.79%	129.19%	1,001.10%	2,255.75%	1,186.33%
Free Cash Flow to Firm to Interest Expense	-18.32	-28.41	-2.03	27.05	32.26	52.08	8.63	7.29	9.32	17.46
Operating Cash Flow to Interest Expense	-1.21	5.46	0.76	1.49	2.74	6.80	0.39	1.56	1.90	2.22
Operating Cash Flow Less CapEx to Interest Expense	-2.00	3.77	0.35	1.33	2.70	6.60	0.09	1.40	1.81	2.04
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.57	0.91	0.83	0.75	0.60	0.90	0.92	0.94	0.74
Accounts Receivable Turnover	7.02	4.78	7.65	7.54	6.48	6.36	8.73	10.29	9.90	8.77
Inventory Turnover	2.19	1.41	2.09	2.27	2.00	1.60	2.06	3.32	3.45	2.35
Fixed Asset Turnover	14.74	8.74	13.65	13.71	12.15	9.15	12.86	18.51	19.26	12.96
Accounts Payable Turnover	3.48	2.36	3.65	3.64	3.64	3.22	3.92	4.69	5.24	3.79
Days Sales Outstanding (DSO)	51.97	76.33	47.70	48.39	56.32	57.42	41.80	35.46	36.86	41.62
Days Inventory Outstanding (DIO)	166.57	258.52	174.61	161.11	182.60	228.26	176.90	109.89	105.75	155.27
Days Payable Outstanding (DPO)	104.86	154.68	99.99	100.14	100.32	113.21	93.03	77.86	69.67	96.20
Cash Conversion Cycle (CCC)	113.69	180.16	122.32	109.35	138.60	172.47	125.67	67.49	72.94	100.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,581	4,346	4,313	2,740	2,721	2,658	3,774	2,329	2,343	2,222
Invested Capital Turnover	1.57	0.95	1.43	1.54	1.33	1.04	1.34	2.12	2.11	1.44
Increase / (Decrease) in Invested Capital	882	557	159	-1,744	-1,859	-1,688	-539	-411	-379	-436
Enterprise Value (EV)	6,281	6,167	5,811	5,379	5,017	4,912	5,466	5,005	5,744	5,173
Market Capitalization	2,375	2,219	1,838	1,587	1,386	1,561	2,030	1,733	2,560	2,901
Book Value per Share	$1.93	$1.14	$0.97	$1.00	$0.78	$1.20	$0.96	$0.18	$0.42	$0.10
Tangible Book Value per Share	($4.64)	($5.64)	($5.75)	($3.62)	($3.73)	($3.43)	($5.57)	($4.35)	($4.19)	($4.23)
Total Capital	4,834	4,584	4,527	4,313	4,078	3,955	3,965	3,550	3,651	2,521
Total Debt	4,159	4,186	4,187	3,965	3,804	3,536	3,627	3,486	3,502	2,487
Total Long-Term Debt	3,916	3,939	3,968	3,757	3,544	3,471	3,566	3,442	3,443	2,392
Net Debt	3,906	3,947	3,974	3,792	3,631	3,351	3,436	3,272	3,184	2,272
Capital Expenditures (CapEx)	33	41	24	9.33	2.22	8.11	20	7.83	4.09	5.68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,462	1,350	1,270	1,198	1,027	765	735	550	506	347
Debt-free Net Working Capital (DFNWC)	1,715	1,588	1,483	1,372	1,200	951	926	764	823	562
Net Working Capital (NWC)	1,473	1,341	1,265	1,164	940	886	864	719	764	467
Net Nonoperating Expense (NNE)	37	284	75	-133	7.15	337	76	254	44	106
Net Nonoperating Obligations (NNO)	3,906	3,947	3,974	2,392	2,447	2,239	3,436	2,265	2,194	2,188
Total Depreciation and Amortization (D&A)	29	30	26	28	24	35	28	32	15	30
Debt-free, Cash-free Net Working Capital to Revenue	22.45%	34.94%	21.00%	21.52%	21.14%	21.03%	13.60%	10.25%	9.48%	9.89%
Debt-free Net Working Capital to Revenue	26.34%	41.11%	24.53%	24.63%	24.70%	26.12%	17.14%	14.24%	15.42%	16.02%
Net Working Capital to Revenue	22.61%	34.72%	20.91%	20.90%	19.36%	24.34%	16.00%	13.41%	14.31%	13.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.23	($1.19)	($0.10)	($0.06)	($0.11)	$0.22	($0.11)	($0.85)	$0.17	($0.12)
Adjusted Weighted Average Basic Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M
Adjusted Diluted Earnings per Share	$0.23	($1.19)	($0.10)	($0.06)	($0.11)	$0.22	($0.11)	($0.85)	$0.16	($0.11)
Adjusted Weighted Average Diluted Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	348.95M	349.36M	349.53M	349.89M	350.04M	351.09M	351.56M	351.68M	352.50M	353.11M
Normalized Net Operating Profit after Tax (NOPAT)	117	-134	40	49	57	41	36	-44	74	93
Normalized NOPAT Margin	7.03%	0.00%	2.89%	4.73%	5.90%	16.00%	3.15%	-4.44%	7.93%	22.20%
Pre Tax Income Margin	5.78%	0.00%	-1.14%	0.38%	1.59%	4.32%	-2.06%	-12.48%	4.79%	10.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.31	-7.98	0.73	1.07	1.27	1.27	0.64	-1.47	1.92	2.51
NOPAT to Interest Expense	2.81	-5.52	0.69	-2.65	-0.56	10.28	0.55	-0.88	1.53	3.07
EBIT Less CapEx to Interest Expense	2.52	-9.67	0.31	0.91	1.23	1.07	0.34	-1.63	1.84	2.32
NOPAT Less CapEx to Interest Expense	2.02	-7.22	0.27	-2.81	-0.60	10.08	0.24	-1.03	1.44	2.88
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	59.65%	-164.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	66.78%	-184.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Hanesbrands' Financials

When does Hanesbrands's fiscal year end?

According to the most recent income statement we have on file, Hanesbrands' financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has Hanesbrands' net income changed over the last 10 years?

Hanesbrands' net income appears to be on a downward trend, with a most recent value of -$320.43 million in 2024, falling from $404.52 million in 2014. The previous period was -$17.73 million in 2023.

What is Hanesbrands's operating income?

Hanesbrands's total operating income in 2024 was $185.95 million, based on the following breakdown:

Total Gross Profit: $1.36 billion
Total Operating Expenses: $1.17 billion

How has Hanesbrands revenue changed over the last 10 years?

Over the last 10 years, Hanesbrands' total revenue changed from $5.32 billion in 2014 to $3.51 billion in 2024, a change of -34.1%.

How much debt does Hanesbrands have?

Hanesbrands' total liabilities were at $3.81 billion at the end of 2024, a 27.1% decrease from 2023, and a 0.4% decrease since 2014.

How much cash does Hanesbrands have?

In the past 10 years, Hanesbrands' cash and equivalents has ranged from $185.22 million in 2023 to $900.62 million in 2020, and is currently $214.85 million as of their latest financial filing in 2024.

How has Hanesbrands' book value per share changed over the last 10 years?

Over the last 10 years, Hanesbrands' book value per share changed from 13.88 in 2014 to 0.10 in 2024, a change of -99.3%.

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This page (NYSE:HBI) was last updated on 4/11/2025 by MarketBeat.com Staff

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Hanesbrands (HBI) Financials

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