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Stock research / United States / PVH · Men'S & Boys' Furnishgs, Work Clothg, & Allied Garments · NYSE

PVH Corp. (PVH)

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PVH Corp. (PVH) reported revenue of $2.1 billion for Q2 FY2026, the quarter ended 2 August 2026, down 3.2% on the same quarter a year earlier. Net income was -$103 million, and diluted earnings per share $-2.23. The figures are the company's own, from the 10-Q it filed with the SEC on 2 September 2026.

Revenue$2.1 billiondown 3.2%
Net income-$103 million
Diluted EPS$-2.23
QuarterQ2 FY2026ended 2 August 2026

PVH (PVH) in brief

PVH (PVH) reported revenue of $9.0 billion for fiscal 2025, the year ended 1 February 2026, up 3.4% on the year before.
Read moreNet income was $25 million and diluted earnings per share $0.52. Revenue was $8.7 billion in fiscal 2024, $9.2 billion in fiscal 2023, $9.0 billion in fiscal 2022 and $9.2 billion in fiscal 2021. Net income in the same years was $598 million, $664 million, $200 million and $952 million. Over the twelve months to 2 August 2026, PVH reported revenue of $8.9 billion and net loss of $169 million. Revenue grew 4.6% a year, compounded, over the five years to fiscal 2025. PVH declared $0.15 a share in dividends over the last four quarters and had 46 million shares outstanding at the latest filed count. At 2 August 2026 it carried $2.2 billion of debt and $966 million of cash. At the close of 8 October 2026 the market cap of PVH was $3.7 billion.

Ratios

From the filings

ROE-3.5%
ROCE5.2%
Operating margin4.1%
Net margin-1.9%
FCF margin8.0%
Interest cover3.99
Debt to equity0.47
Cash conversionn/a
Share count, 1 year-4.1%
Sales CAGR, 3 years-0.3%
Profit CAGR, 3 years-49.8%
EPS, TTM-$3.70

At the close of 8 October 2026

Price$81.14
Market cap$3.7 billion
Stock P/En/a
Price to book0.78
EV / EBITDA8.12
Dividend yield0.2%
Market cap / sales0.42
52-week high$98.81
52-week low$60.87
Price, 1 year-3.7%
Price CAGR, 3 years2.9%
Price CAGR, 5 years-5.0%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as PVH Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
PVHgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on PVH

Filings24 in twelve months: 13 current reports (8-K), about 5 results of operations; 5 other events; 3 officer or director change; 1 material agreement; 1 termination of a material agreement
Planned insider sales3 Form 144 notices in twelve months, $1.2 million; latest 14 July 2026
Options tapeput/call 1.01 by open interest at the 8 October 2026 close; the straddle prices a 4.3% move to 16 October 2026
13F holders8 of the followed funds hold it; largest FMR LLC; 6 Schedule 13D or 13G filings in twelve months
Insider trading3 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.5 million shares short, 3.41 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue2,3632,4901,9522,0742,2552,3721,9842,1672,2942,5052,0252,097
Cost of revenue1,0249897538289389908229161,0021,062839775
Gross profit1,3391,5011,1991,2461,3171,3811,1621,2511,2931,4431,1861,322
Gross margin57%60%61%60%58%58%59%58%56%58%59%63%
SG&A1,1241,2161,0171,0831,1541,1571,0241,1291,1211,2181,0741,112
Operating income230357205174183210-332133181249124-191
Operating margin10%14%11%8%8%9%-17%6%8%10%6%-9%
Interest expense24.323.823.322.823.020.722.425.823.222.822.722.3
Pre-tax income208337187155167196-350111160229108-203
Tax rate22%19%19%-2%21%20%n/a-102%97%169%19%n/a
Net income162272151158132157-44.82244.2-15888.0-103
Net margin7%11%8%8%6%7%-2%10%0%-6%4%-5%
Diluted EPS$2.66$4.55$2.59$2.80$2.34$2.83-$0.88$4.63$0.09-$3.46$1.90-$2.23
Operating cash flow116658-66.729228.7486-71.4213-44.5583-46.5383
Capital expenditure47.481.438.836.640.043.326.731.240.643.539.536.5
Free cash flow68.1576-106256-11.3443-98.1182-85.1540-86.0346
Buybacks72.528421431.434.82455724.80.20.514.92.0
Shares outstanding60m58m56m56m56m53m48m48m46m46m46m46m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue8,2418,0208,2038,9159,6579,9097,1339,1559,0249,2188,6538,9508,922
Cost of revenue3,9143,8593,8334,0204,3484,5213,3563,8313,9013,8543,5103,8023,677
Gross profit4,3274,1624,3704,8945,3085,3883,7775,3245,1235,3635,1425,1495,244
Gross margin52.5%51.9%53.3%54.9%55.0%54.4%53.0%58.2%56.8%58.2%59.4%57.5%58.8%
Selling, general and administrative3,7143,4183,6784,2484,4334,7153,9834,4544,3774,5434,4114,4924,526
Operating income530760789632892559-1,0721,077471929772231363
Operating margin6.4%9.5%9.6%7.1%9.2%5.6%-15.0%11.8%5.2%10.1%8.9%2.6%4.1%
Interest expense14411712112812112012610989.699.389.894.291.0
Pre-tax income391648674510776444-1,193973388841706151296
Income tax-47.575.1126-25.931.028.9-55.520.7188177107126465
Effective tax rate-12.1%11.6%18.6%-5.1%4.0%6.5%n/a2.1%48.4%21.1%15.2%83.3%157.2%
Net income439572549538746417-1,13695220066459825.3-169
Net margin5.3%7.1%6.7%6.0%7.7%4.2%-15.9%10.4%2.2%7.2%6.9%0.3%-1.9%
Diluted EPS$5.27$6.89$6.79$6.84$9.65$5.60-$15.96$13.25$3.03$10.76$10.56$0.52-$3.70
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
EMEA Segment4,3174,0644,27447.7%
Americas Segment2,8562,5862,74030.6%
APAC Segment1,6021,5761,51616.9%
Licensing Segment4434284214.7%
EMEA SegmentAmericas SegmentAPAC SegmentLicensing Segment
9,218FY20248,653FY20258,950FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2024FY2025FY2026Share
latest year
EMEA4,3794,1254,34248.5%
Americas3,1962,9113,05934.2%
APAC1,6441,6181,54917.3%
EMEAAmericasAPAC
9,218FY20248,653FY20258,950FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow7899059036448521,0206981,07139.2969741680875
Capital expenditure256264247358380345227268290245159142160
Free cash flow533641656286473675471803-251725582538715
Free cash flow margin6.5%8.0%8.0%3.2%4.9%6.8%6.6%8.8%-2.8%7.9%6.7%6.0%8.0%
Cash from investing-358-322-427-403-395-506-59.1-45.0-278-85.1-138-140-118
Cash from financing-514-484-305-508-478-452477-1,398-428-722-550-606-45.7
Depreciation and amortisation245257322325335324326313302299282272256
Share-based compensation48.742.038.244.956.256.150.546.846.651.954.044.143.2
Buybacks11.113832225932534511736141957052557817.6
Dividend per share$0.04$0.04$0.04$0.04$0.15$0.04$0.04$0.04$0.15$0.15$0.15$0.15n/a
Diluted shares, weighted83m83m81m79m77m75m71m72m66m62m57m48m46m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a46m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity4,3644,5524,8045,5365,8285,8124,7305,2895,0135,1195,1404,7924,792
Short-term borrowings8.525.919.119.512.849.60.010.846.20.00.00.00.0
Debt3,5383,1683,1973,0612,8192,7083,5552,3522,2892,1692,0912,3042,248
Operating lease liabilitiesn/an/an/an/a0.01,5321,4311,2141,1401,0761,0111,6481,565
Finance lease liabilitiesn/an/an/an/an/a9.97.9n/an/an/a2.70.7n/a
Other liabilities2,8862,9273,0473,2683,2043,5203,5703,5303,2802,8092,7882,9362,811
Total liabilities and equity10,79710,67411,06811,88611,86413,63113,29412,39711,76811,17311,03311,68111,417
Owned
Fixed assets7267457609009841,027943906904863741673620
Goodwill3,2593,2193,4703,8353,6703,6782,9542,8292,3592,3222,2602,0221,548
Intangible assets3,7823,6463,6103,7273,5693,4813,5183,3073,2503,0973,0213,096n/a
Cash and equivalents4795567304944525031,6511,242551708748702966
Receivables706657616658778741642745924793851995921
Inventory1,2571,3221,3181,5911,7321,6161,4171,3481,8031,4201,5091,5841,738
Other assets5885285646816772,5852,1682,0191,9781,9701,9032,6105,623
Total assets10,79710,67411,06811,88611,86413,63113,29412,39711,76811,17311,03311,68111,417
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded1.1%4.6%-0.3%1.6%
Profit growth, compounded-26.8%n/a-49.8%n/a
Return on equity, average6.4%9.4%8.4%0.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Apparel

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Cintas Corp. CTAS$80.4 billion39.6739.6%23.4%9.5%0.470.9%
Nike, Inc. NKE$51.6 billion16.7020.3%n/a-1.2%0.394.7%
Tapestry, Inc. TPR$23.2 billion15.89220.7%23.9%14.2%3.441.4%
Ralph Lauren Corp. RL$22.5 billion23.1536.1%14.9%14.7%0.461.0%
Deckers Outdoor Corp. DECK$11.3 billion11.7144.1%22.7%7.9%0.00n/a
On Holding AG ONON *$11.3 billionn/a12.5%12.5%30.0%0.00n/a
lululemon athletica Inc. LULU$9.9 billion7.5929.6%17.8%1.7%0.00n/a
Birkenstock Holding plc BIRK *$6.1 billion15.7512.8%26.2%16.2%0.42n/a
V F Corp. VFC$5.7 billion21.0615.5%6.1%0.2%1.702.5%
Crocs, Inc. CROX$5.6 billion10.1042.9%20.7%-2.0%0.94n/a
PVH Corp. PVH$3.7 billionn/a-3.5%4.1%1.6%0.470.2%
Columbia Sportswear Co. COLM$2.9 billion14.7412.9%7.5%-0.1%0.002.1%
3 companies share its SEC industry code (Men'S & Boys' Furnishgs, Work Clothg, & Allied Garments); the rest are the names nearest in size in its wider industry, Apparel, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q2 August 20262 September 2026EDGAR
10-Q3 May 20265 June 2026EDGAR
10-K1 February 202631 March 2026EDGAR
10-Q2 November 20258 December 2025EDGAR
10-Q3 August 20255 September 2025EDGAR
10-Q4 May 20254 June 2025EDGAR
10-K2 February 20251 April 2025EDGAR
10-Q3 November 20249 December 2024EDGAR
10-Q4 August 20249 September 2024EDGAR
10-Q5 May 202412 June 2024EDGAR

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