for over 60 years global industrial has been an industry leader providing private label and brand name industrial equipment and supplies to businesses throughout north america. we are constantly increasing our product offerings to meet the diverse and changing needs of our customers. our customers include small to large corporations, institutions and government agencies as well as consumers. about global industrial (www.globalindustrial.com) global equipment company (d/b/a global industrial) (www.globalindustrial.com) is a subsidiary of systemax inc. global carries over 1,000,000 industrial, material handling and business products for fortune 1000 companies, small businesses, institutions and government agencies. in addition to our product offerings, our customers enjoy our powerful suite of account management tools has helped dramatically increase operational efficiencies with functionality to export purchase reports, create spending caps, manage multiple payments and shopping lis
Company profile
Ticker
GIC
Exchange
Website
CEO
Barry Litwin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GLOBAL DIRECTMAIL CORP, SYSTEMAX INC
SEC CIK
Corporate docs
Subsidiaries
Avenue Industrial Supply Company Limited • C&H Distribution Holdings Inc. • C&H Distributors, LLC • Global Equipment Company Inc. • Global Industrial Distribution Inc. • Global Industrial Holdings LLC • Global Industrial Services Inc. • Indoff LLC • Industrialsupplies.Com, LLC • Misco Germany Inc. ...
IRS number
113262067
GIC stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
12 Mar 24
8-K
Departure of Directors or Certain Officers
5 Mar 24
8-K
Global Industrial Reports Fourth Quarter and Full Year 2023 Financial Results
29 Feb 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Global Industrial Company Reports Third Quarter 2023 Financial Results
31 Oct 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
Global Industrial Company Reports Second Quarter 2023 Financial Results
1 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
9 Jun 23
SD
Conflict minerals disclosure
31 May 23
Transcripts
GIC
Earnings call transcript
2023 Q4
29 Feb 24
GIC
Earnings call transcript
2023 Q3
31 Oct 23
GIC
Earnings call transcript
2023 Q2
1 Aug 23
GIC
Earnings call transcript
2023 Q1
2 May 23
GIC
Earnings call transcript
2022 Q4
21 Feb 23
GIC
Earnings call transcript
2022 Q3
2 Nov 22
GIC
Earnings call transcript
2022 Q2
3 Aug 22
GIC
Earnings call transcript
2022 Q1
4 May 22
GIC
Earnings call transcript
2021 Q4
16 Feb 22
GIC
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
BRUCE LEEDS
18 Mar 24
4
ROBERT LEEDS
18 Mar 24
4
RICHARD LEEDS
18 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
STORCH ADINA
5 Mar 24
4
Manoj Shetty
5 Mar 24
4
Christopher Longhito
5 Mar 24
4
Thomas Eugene Clark
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 34.30 mm | 34.30 mm | 34.30 mm | 34.30 mm | 34.30 mm | 34.30 mm |
Cash burn (monthly) | 3.53 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 23.49 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 10.81 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
40.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 109 |
Opened positions | 17 |
Closed positions | 6 |
Increased positions | 34 |
Reduced positions | 39 |
13F shares | Current |
---|---|
Total value | 374.52 bn |
Total shares | 15.41 mm |
Total puts | 200.00 |
Total calls | 4.40 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Richard Leeds | 3.80 mm | $0.00 |
Mawer Investment Management | 1.97 mm | $65.91 bn |
Prescott General Partners | 1.07 mm | $35.89 bn |
BLK Blackrock | 1.07 mm | $35.79 bn |
Dimensional Fund Advisors | 1.02 mm | $34.25 bn |
Grandeur Peak Global Advisors | 646.62 k | $21.66 bn |
FMR | 409.72 k | $13.73 bn |
King Luther Capital Management | 375.05 k | $12.56 bn |
Renaissance Technologies | 372.07 k | $12.53 bn |
STT State Street | 299.47 k | $10.03 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Bruce Leeds | Common Stock | Sell | Dispose S | Yes | No | 41.15 | 380,000 | 15.64 mm | 139,800 |
14 Mar 24 | Robert Leeds | Common Stock | Sell | Dispose S | Yes | No | 41.15 | 380,000 | 15.64 mm | 139,800 |
14 Mar 24 | Richard Leeds | Common Stock | Sell | Dispose S | Yes | No | 41.15 | 380,000 | 15.64 mm | 139,800 |
2 Mar 24 | Thomas Axmacher | Common Stock | Other | Acquire J | No | No | 29.24 | 207 | 6.05 k | 3,844 |
2 Mar 24 | Alex Tomey | Common Stock | Other | Acquire J | No | No | 23.1625 | 458 | 10.61 k | 6,190 |
News
12 Industrials Stocks Moving In Monday's Pre-Market Session
4 Mar 24
Recap: Global Industrial Q4 Earnings
29 Feb 24
Global Industrial Q4 2023 GAAP EPS $0.400, Inline, Sales $320.100M Beat $313.493M Estimate
29 Feb 24
Earnings Scheduled For February 29, 2024
29 Feb 24
Global Industrial's Earnings Outlook
28 Feb 24