Company research
GLOBAL INDUSTRIAL Co
CIK 945114Updated Sep 24, 2026
SecurityGIC · NYSE · equity
Name history
SYSTEMAX INC · through Jun 10, 2021GLOBAL DIRECTMAIL CORP · through Feb 16, 1999
GIC price & chart
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Recent filings
Show 5 more recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03
S-8 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 580,800,000Source | 520,700,000Source | 513,400,000Source | 455,200,000Source |
| Property, Plant and Equipment, NetUSD | 18,500,000Source | 19,100,000Source | 20,000,000Source | 21,000,000Source |
| GoodwillUSD | 40,600,000Source | 39,600,000Source | 40,000,000Source | 5,500,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | 1,100,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 67,500,000Source | 44,600,000Source | 34,400,000Source | 28,500,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 139,600,000Source | 126,500,000Source | 130,700,000Source | 108,000,000Source |
| Inventory, NetUSD | 174,600,000Source | 167,100,000Source | 150,800,000Source | 179,400,000Source |
| Assets, CurrentUSD | 396,500,000Source | 352,600,000Source | 329,800,000Source | 325,700,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 14,800,000Source | 14,400,000Source | 13,900,000Source | 9,800,000Source |
| Operating Lease, Right-of-Use AssetUSD | 91,800,000Source | 72,700,000Source | 84,400,000Source | 90,300,000Source |
| Other Assets, NoncurrentUSD | 2,300,000Source | 2,500,000Source | 2,000,000Source | 1,700,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 267,600,000Source | 239,600,000Source | 258,200,000Source | 244,800,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 400,000Source | 400,000Source | 400,000Source | 400,000Source |
| Additional Paid in CapitalUSD | 212,800,000Source | 207,500,000Source | 204,800,000Source | 201,200,000Source |
| Retained Earnings (Accumulated Deficit)USD | 120,300,000Source | 88,600,000Source | 66,000,000Source | 25,900,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,800,000Source | 1,400,000Source | 2,600,000Source | 2,400,000Source |
| Stockholders' Equity Attributable to ParentUSD | 313,200,000Source | 281,100,000Source | 255,200,000Source | 210,400,000Source |
| Liabilities and EquityUSD | 580,800,000Source | 520,700,000Source | 513,400,000Source | 455,200,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 178,500,000Source | 168,400,000Source | 174,200,000Source | 153,100,000Source |
| Operating Lease, Liability, CurrentUSD | 16,100,000Source | 14,100,000Source | 14,100,000Source | 12,400,000Source |
| Accounts Payable, CurrentUSD | 108,700,000Source | 106,500,000Source | 111,000,000Source | 96,900,000Source |
| Operating Lease, Liability, NoncurrentUSD | 87,500,000Source | 69,000,000Source | 81,400,000Source | 89,100,000Source |
| Other Liabilities, NoncurrentUSD | 1,600,000Source | 2,200,000Source | 2,600,000Source | 2,600,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 53,700,000Source | 47,800,000Source | 49,100,000Source | 43,200,000Source |
| Deferred Revenue, CurrentUSD | 3,200,000Source | 4,300,000Source | 3,500,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 7,700,000Source | 7,600,000Source | 6,400,000Source | 3,900,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,400,000Source | 2,800,000Source | 3,000,000Source | 4,500,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 12,300,000Source | -1,600,000Source | 2,600,000Source | 3,300,000Source |
| Increase (Decrease) in InventoriesUSD | 6,400,000Source | 17,100,000Source | -33,300,000Source | 7,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | 1,700,000Source | -4,000,000Source | 1,200,000Source | -17,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 600,000Source | -500,000Source | 2,000,000Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 77,800,000Source | 50,700,000Source | 112,000,000Source | 50,200,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 4,000,000Source | 0Source | 72,300,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,100,000Source | -3,800,000Source | -76,200,000Source | -7,100,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,100,000Source | 3,800,000Source | 3,900,000Source | 7,400,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 2,300,000Source | 1,600,000Source | 500,000Source | 400,000Source |
| Payments for Repurchase of Common StockUSD | 9,100,000Source | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -47,500,000Source | -36,700,000Source | -29,700,000Source | -29,700,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 22,900,000Source | 10,200,000Source | 5,900,000Source | 13,100,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 67,500,000Source | 44,600,000Source | 34,400,000Source | 28,500,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 300,000Source | 300,000Source | 1,100,000Source | 1,200,000Source |
| Income Taxes Paid, NetUSD | 23,700,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,100,000Source | 3,200,000Source | 2,100,000Source | 200,000Source |
| DepreciationUSD | 4,600,000Source | 4,400,000Source | 4,300,000Source | 3,700,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 100,000Source | -500,000Source | -200,000Source | -300,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | 0Source | 0Source | 100,000Source |
| GoodwillUSD | 40,600,000Source | 39,600,000Source | 40,000,000Source | 5,500,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 72,000,000Source | 60,700,000Source | 70,700,000Source | 78,100,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 60,700,000Source | 70,700,000Source | 78,100,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 300,000Source | 0Source | 700,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 100,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 25,600,000Source | 19,100,000Source | 24,500,000Source | 25,700,000Source |
| InterestExpenseNonoperatingUSD | — | 200,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 72,100,000Source | 61,000,000Source | 70,700,000Source | 78,800,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 71,200,000Source | 60,300,000Source | 70,300,000Source | 77,800,000Source |
| Other Nonoperating Income (Expense)USD | -100,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | 2,700,000Source | 1,800,000Source | 600,000Source | 800,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,379,100,000Source | 1,315,900,000Source | 1,274,300,000Source | 1,166,100,000Source |
| Cost of RevenueUSD | 888,900,000Source | 863,900,000Source | 838,500,000Source | 744,900,000Source |
| Selling, General and Administrative ExpenseUSD | 392,600,000Source | 371,500,000Source | 339,300,000Source | 316,000,000Source |
| Operating Income (Loss)USD | 97,600,000Source | 80,500,000Source | 96,500,000Source | 105,200,000Source |
| Other Nonoperating Income (Expense)USD | -100,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 97,600,000Source | 79,800,000Source | 95,200,000Source | 103,800,000Source |
| Income Tax Expense (Benefit)USD | 25,600,000Source | 19,100,000Source | 24,500,000Source | 25,700,000Source |
| Net Income (Loss) Attributable to ParentUSD | 72,100,000Source | 61,000,000Source | 70,700,000Source | 78,800,000Source |
| Earnings Per Share, BasicUSD per share | 1.86Source | 1.59Source | 1.85Source | 2.07Source |
| Earnings Per Share, DilutedUSD per share | 1.85Source | 1.58Source | 1.84Source | 2.06Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 38,400,000Source | 38,300,000Source | 38,100,000Source | 38,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 38,400,000Source | 38,400,000Source | 38,200,000Source | 38,100,000Source |
| Interest Expense (non-operating)USD | — | 200,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,100,000Source | 3,200,000Source | 2,100,000Source | 200,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.04Source | 1Source | 0.8Source | 0.72Source |
| Current Income Tax Expense (Benefit)USD | 25,000,000Source | 19,600,000Source | 22,500,000Source | 25,700,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 100,000Source | -500,000Source | -200,000Source | -300,000Source |
| Gross ProfitUSD | 490,200,000Source | 452,000,000Source | 435,800,000Source | 421,200,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 72,000,000Source | 60,700,000Source | 70,700,000Source | 78,100,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 95,200,000Source | 80,500,000Source | 91,600,000Source | 104,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 60,700,000Source | 70,700,000Source | 78,100,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.86Source | 1.58Source | 1.85Source | 2.05Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.85Source | 1.57Source | 1.84Source | 2.04Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 300,000Source | 0Source | 700,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 100,000Source | — | — | — |
| Interest Income (Expense), NetUSD | — | — | -1,100,000Source | -1,100,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 71,200,000Source | 60,300,000Source | 70,300,000Source | 77,800,000Source |