Hanesbrands Inc.

Hanesbrands Inc.

HBIยทNYSE

$6.47

+0.0000%
Consumer CyclicalApparel - Manufacturers

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. The company operates through three segments: Innerwear, Activewear, and International. It sells men's underwear, women's panties, children's underwear, activewear, and socks, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, performance apparel, sport shirts, performance T-shirts and shorts, sports bras, teamwear, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels. The company licenses its Champion name for footwear and sports accessories. Hanesbrands Inc. provides its products primarily under the Hanes, Champion, Maidenform, JMS/Just My Size, Bali, Polo Ralph Lauren, Playtex, DKNY, Alternative, Gear for Sports, Comfortwash, Hanes Beefy-T, Bonds, DIM, Sheridan, Bras N Things, Lovable, Wonderbra, Berlei, Abanderado, Shock Absorber, Zorba, Explorer, Sol y Oro, Maidenform, Rinbros, and Bellinda brand names. The company markets its products through retailers, wholesalers, and third-party embellishers. As of January 2, 2022, it operated 216 retail and direct outlet stores in the United States and the Commonwealth of Puerto Rico, as well as 626 retail and outlet stores internationally. The company also sells its products in Europe, Australia, Asia, Latin America, Canada, the Middle East, Africa, Mexico, and Brazil. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina.

At a Glance

Live Snapshot
Market Cap$2.29B
EPS-0.9100
P/E Ratio-9.04
Earnings Date02/12/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -9.0).

Valuation inputs: P/E -9.0, earnings yield N/A, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -9.4%, ROIC +11.5%).

Profitability stack: net margin -9.1%, ROE -9.4%, ROIC +11.5%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +99.1%, momentum 0.0%, net margin -9.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Hanesbrands Inc. Market vs Earnings Trajectory

HBI ยท NYSE

Loading price and EPS data...

Hanesbrands Inc.

Hanesbrands Inc. Fair Value Envelope

HBI ยท NYSE

Our analysis suggests that HBI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.47, this represents a potential HIDDEN relative to our calculated worth for Hanesbrands Inc..

Intrinsic Value
Current Price: $6.47
3Y-514.0%
5Y-155.0%
10Y-185.0%
3Y-48.0%
5Y-45.0%
10Y-39.0%
3Y-515.0%
5Y-153.0%
10Y-175.0%
3Y-174.0%
5Y-58.0%
10Y-59.0%
3Y-139.0%
5Y-59.0%
10Y-60.0%
3Y-46.0%
5Y-48.0%
10Y-32.0%
Hanesbrands Inc.

Hanesbrands Inc. Profit Bridge

HBI ยท NYSE
Revenue3.51B
Cost of Goods Sold (2.15B)
Gross Profit1.36B
Operating Expenses (1.17B)
Operating Income185.95M
Interest Expense (195.90M)
Other Income/Expense-243.34M
Pretax Income-57.39M
Income Tax (40.60M)
Net Income-320.43M
Net Income
-320.43M

Profitability Analysis

Gross Margin

38.8%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

5.3%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-9.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

38.76%
Gross Profit Margin
9%
3Y-1.0%
5Y+3.0%
10Y+4.0%
5.30%
Operating Profit Margin
-28%
3Y-55.0%
5Y-60.0%
10Y-49.0%
-9.14%
Net Profit Margin
1776%
3Y-905.0%
5Y-198.0%
10Y-222.0%
-942.17%
Return on Equity
22189%
3Y-8671.0%
5Y-2039.0%
10Y-2903.0%
-8.34%
Return on Assets
2554%
3Y-864.0%
5Y-202.0%
10Y-209.0%
11.54%
Return on Invested Capital
-7%
3Y-21.0%
5Y-11.0%
10Y-4.0%
HBI

Hanesbrands Inc. Cash Conversion Engine

HBI ยท NYSE
Net Income-320.43M
Depreciation & Amortization92.06M
Stock-Based Compensation25.84M
Change in Working Capital145.24M
Others333.51M
Capital Expenditures-37.89M
Free Cash Flow226.35M

Cash Flow Quality Analysis

FCF Conversion Rate

-70.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

14.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-56.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$145.24M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

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Hanesbrands Inc. Funding & Solvency Profile

HBI ยท NYSE
Cash & Cash Equivalents217.57M
Net Receivables454.98M
Inventory990.95M
Other Current Assets215.92M
Total Current Assets2 B
Property, Plant & Equipment464.67M
Goodwill & Intangible Assets1.56B
Long-Term Investments8.00K
Other Non-Current Assets147.74M
Total Non-Current Assets612 M
Total Assets
4.28B

Financial Health Analysis

Current Ratio

1.51x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

8.58x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

635 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

44% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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Hanesbrands Inc. Street Expectations Map

HBI ยท NYSE

Wall Street analysts project that HBI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 7.25, with estimates ranging from a low of 6.00 to a high of 8.00.

Lowest Target
6.00
-7.26%
Consensus Target
7.25
12.06%
Highest Target
8.00
23.65%

The consensus 1-year price target stands at 7.25, with estimates ranging from a low of 6.00 to a high of 8.00.

Analyst Consensus Analysis

Upside Potential

+12.1%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

27.6% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

3.26x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

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Hanesbrands Inc. Insider Positioning

HBI ยท NYSE

During the last 12 months, insiders have sold $47K worth of HBI shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

10.0K

47.24K

Net Activity

-47K

-$47K

Top Buyers

No buying activity

Top Sellers

1
LMS

Lewis Markland Scott

Officer: See Remarks

9.4K sharesโ€ข1 transactions

$44K

2
FME

Faircloth Michael E.

Officer: See Remarks

646 sharesโ€ข1 transactions

$3K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $47K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
3Y-100.0%
5Y-100.0%
10Y-100.0%
ย 

hbi Dividend History

HBI
10Y CAGR +12%
Latest $0.15
Annual $0.6
5 year growth trend
Last Period: +0%