Tearsheet

PVH (PVH)


Market Price (4/16/2026): $87.16 | Market Cap: $4.0 Bil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

PVH (PVH)


Market Price (4/16/2026): $87.16
Market Cap: $4.0 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
FCF Yield is 13%

Stock buyback support
Stock Buyback 3Y Total is 1.7 Bil

Low stock price volatility
Vol 12M is 45%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more.

Trading close to highs
Dist 52W High is -4.3%

Weak multi-year price returns
2Y Excs Rtn is -56%, 3Y Excs Rtn is -70%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 90%

Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 159x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.2%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.6%

Key risks
PVH key risks include [1] its designation on China's List of Unreliable Entities, Show more.

0 Attractive yield
FCF Yield is 13%
1 Stock buyback support
Stock Buyback 3Y Total is 1.7 Bil
2 Low stock price volatility
Vol 12M is 45%
3 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more.
4 Trading close to highs
Dist 52W High is -4.3%
5 Weak multi-year price returns
2Y Excs Rtn is -56%, 3Y Excs Rtn is -70%
6 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 90%
7 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 159x
8 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.2%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.6%
10 Key risks
PVH key risks include [1] its designation on China's List of Unreliable Entities, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

PVH (PVH) stock has gained about 30% since 12/31/2025 because of the following key factors:

1. Strong Fourth Quarter 2025 Financial Performance and Optimistic 2026 Guidance. PVH Corp. reported fourth-quarter 2025 revenue of $2.505 billion, a 6% increase compared to the prior year, exceeding guidance. Non-GAAP earnings per share (EPS) for Q4 2025 were $3.82, significantly beating analyst estimates of $3.30. The company also provided a robust full-year 2026 non-GAAP EPS outlook ranging from $11.80 to $12.10, surpassing the consensus estimate of $11.14, which instilled investor confidence.

2. Effective Mitigation of Tariff Headwinds. Despite facing an estimated gross tariff impact of approximately 215 basis points or $195 million for fiscal year 2026, PVH expects to mitigate 60% of this financial impact. This represents a doubling of its tariff mitigation efforts compared to the 30% achieved in 2025, demonstrating effective management of a significant macroeconomic factor affecting profitability.

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Stock Movement Drivers

Fundamental Drivers

The 30.2% change in PVH stock from 12/31/2025 to 4/15/2026 was primarily driven by a 1605.2% change in the company's P/E Multiple.
(LTM values as of)123120254152026Change
Stock Price ($)66.9887.1930.2%
Change Contribution By: 
Total Revenues ($ Mil)8,8178,9501.5%
Net Income Margin (%)3.9%0.3%-92.7%
P/E Multiple9.3158.51605.2%
Shares Outstanding (Mil)47462.8%
Cumulative Contribution30.2%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/15/2026
ReturnCorrelation
PVH30.2% 
Market (SPY)-5.4%37.4%
Sector (XLY)-1.0%42.4%

Fundamental Drivers

The 4.2% change in PVH stock from 9/30/2025 to 4/15/2026 was primarily driven by a 1745.1% change in the company's P/E Multiple.
(LTM values as of)93020254152026Change
Stock Price ($)83.6887.194.2%
Change Contribution By: 
Total Revenues ($ Mil)8,7788,9502.0%
Net Income Margin (%)5.3%0.3%-94.7%
P/E Multiple8.6158.51745.1%
Shares Outstanding (Mil)48464.6%
Cumulative Contribution4.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/15/2026
ReturnCorrelation
PVH4.2% 
Market (SPY)-2.9%41.0%
Sector (XLY)-1.2%48.0%

Fundamental Drivers

The 35.1% change in PVH stock from 3/31/2025 to 4/15/2026 was primarily driven by a 3040.1% change in the company's P/E Multiple.
(LTM values as of)33120254152026Change
Stock Price ($)64.5287.1935.1%
Change Contribution By: 
Total Revenues ($ Mil)8,7718,9502.0%
Net Income Margin (%)8.1%0.3%-96.5%
P/E Multiple5.0158.53040.1%
Shares Outstanding (Mil)564621.3%
Cumulative Contribution35.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/15/2026
ReturnCorrelation
PVH35.1% 
Market (SPY)16.3%48.4%
Sector (XLY)20.4%56.9%

Fundamental Drivers

The -1.7% change in PVH stock from 3/31/2023 to 4/15/2026 was primarily driven by a -87.3% change in the company's Net Income Margin (%).
(LTM values as of)33120234152026Change
Stock Price ($)88.7087.19-1.7%
Change Contribution By: 
Total Revenues ($ Mil)9,0248,950-0.8%
Net Income Margin (%)2.2%0.3%-87.3%
P/E Multiple28.0158.5465.8%
Shares Outstanding (Mil)634637.6%
Cumulative Contribution-1.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/15/2026
ReturnCorrelation
PVH-1.7% 
Market (SPY)63.3%47.6%
Sector (XLY)61.7%50.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PVH Return14%-34%73%-13%-37%31%-6%
Peers Return23%-24%2%22%36%4%65%
S&P 500 Return27%-19%24%23%16%2%85%

Monthly Win Rates [3]
PVH Win Rate50%42%50%42%42%75% 
Peers Win Rate53%38%50%58%58%45% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
PVH Max Drawdown-12%-58%-0%-24%-43%-9% 
Peers Max Drawdown-6%-42%-27%-23%-30%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VFC, RL, TPR, CPRI, LEVI. See PVH Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/15/2026 (YTD)

How Low Can It Go

Unique KeyEventPVHS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-63.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven175.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven454 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-72.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven265.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-59.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven143.7%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-77.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven353.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven505 days1,480 days

Compare to VFC, RL, TPR, CPRI, LEVI

In The Past

PVH's stock fell -63.7% during the 2022 Inflation Shock from a high on 11/16/2021. A -63.7% loss requires a 175.1% gain to breakeven.

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About PVH (PVH)

PVH Corp. operates as an apparel company worldwide. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, including branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products. The company offers its products under its own brands, such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, ARROW, Warner's, Olga, Geoffrey Beene, and True&Co., as well as various other owned, licensed, and private label brands. It also licenses its own brands over various products. The company distributes its products at wholesale in department, chain, and specialty stores, as well as through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations, as well as through digital commerce sites. It markets its products to approximately 40 countries. PVH Corp. was founded in 1881 and is based in New York, New York.

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1. VF Corporation for iconic global fashion and lifestyle brands like Tommy Hilfiger and Calvin Klein. 2. A more global and diversified Gap Inc., managing a portfolio of well-known apparel brands such as Calvin Klein and Tommy Hilfiger.

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  • Apparel: Designs, markets, and retails a wide range of clothing for men, women, and children, including dress shirts, sportswear, denim, underwear, and swimwear.
  • Accessories: Offers various non-clothing items such as handbags, footwear, watches, jewelry, eyeglasses, and fragrances.
  • Home Furnishings: Provides products for home decor, specifically home bed and bath furnishings.
  • Luggage Products: Sells luggage and related travel items.

AI Analysis | Feedback

PVH Corp. operates a mixed distribution model, selling both at wholesale to various retailers and directly to individual consumers through its company-operated stores and digital commerce sites. Given the company's explicit mention of designing, marketing, and retailing its products, and the operation of its own full-price, outlet, and digital commerce sites, it serves a broad base of individual customers. The company offers a diverse portfolio of brands catering to different consumer segments.

The major customers of PVH Corp. are primarily **individual consumers**, categorized as follows:

  1. Fashion-Conscious & Trend-Driven Consumers: This category includes individuals who seek contemporary styles, brand recognition, and aspirational fashion, often drawn to PVH's premium brands like Tommy Hilfiger and Calvin Klein. They purchase a range of apparel, accessories, and related lifestyle products.
  2. Everyday & Value-Oriented Consumers: This segment consists of individuals looking for reliable, comfortable, and often more accessible apparel for daily wear, work, or basic needs. They are served by brands such as Van Heusen, IZOD, ARROW, and Geoffrey Beene, purchasing items like dress shirts, sportswear, and performance apparel.
  3. Intimate Apparel & Comfort Seekers: This category targets individuals, predominantly women, seeking undergarments, sleepwear, and loungewear. These consumers prioritize comfort, fit, and design in products offered under brands like Warner's, Olga, and True&Co.

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Stefan Larsson, Chief Executive Officer

Stefan Larsson assumed the role of CEO of PVH Corp. in February 2021, having joined the company as President in 2019. He is credited with leading the development of the PVH+ Plan, a strategic initiative focused on transforming Calvin Klein and Tommy Hilfiger into leading lifestyle brands. Prior to PVH, Larsson served as CEO of Ralph Lauren Corporation, where he refocused the company and improved its performance. He was also the Global President of Old Navy, a division of Gap Inc., where he led the brand to profitable growth for 12 consecutive quarters. Before that, he spent nearly 15 years at H&M in various leadership roles, contributing to the company's revenue growth from approximately $3 billion to $17 billion and expanding its operations globally. Larsson holds a Master of Science in Business Administration.

Melissa Stone, Interim CFO | Executive Vice President, Global Financial Planning & Analysis

Melissa Stone was appointed Interim CFO of PVH Corp. in November 2025. She has been with PVH for over two decades, holding several senior finance positions of increasing responsibility, including Executive Vice President of Global Financial Planning & Analysis, SVP Accounting, and Assistant Corporate Controller.

David Savman, Global Brand President, Calvin Klein

David Savman is the Global Brand President for Calvin Klein and a member of PVH's Executive Leadership Team. He joined PVH in 2022 and previously served as the company's Chief Supply Chain Officer, leading global operations and supply chain. In 2024, he also served as interim CEO for PVH Europe, where he is credited with repositioning the region for growth. Before joining PVH, Savman spent nearly two decades at H&M Group, including as Head of Global Supply Chain. He has extensive experience leading product-centric organizations and managing key functions like supply chain, production, product development, and innovation across Asia and Europe.

Patricia Gabriel, Chief Supply Chain Officer and Global Head of Operations

Patricia Gabriel joined PVH Corp. in 2025 as Chief Supply Chain Officer and Global Head of Operations. In this role, she oversees global operations from product to consumer, including production, manufacturing, inventory management, purchasing, and strategic sourcing. Gabriel has over 25 years of experience leading supply, manufacturing, and logistics organizations at global consumer-centric companies. Prior to PVH, she was the Chief Supply Chain Officer for Michael Kors, Jimmy Choo, and Versace at Capri Holdings. Her background also includes senior roles at Mondelez International, AB InBev, and Accenture.

Lea Rytz Goldman, Global Brand President, Tommy Hilfiger

Lea Rytz Goldman assumed the role of Global Brand President for Tommy Hilfiger in April 2024. She oversees the Tommy Hilfiger brand and business globally as part of PVH's Executive Leadership Team. Goldman is recognized for her strong track record in growing brands. Most recently, she was the Managing Director of COS, where she led the revitalization and global growth of the brand across over 40 markets. Before her time at COS, she spent 11 years with the H&M Group, where she led the repositioning and growth of Arket. She brings over 20 years of brand leadership experience from various European brand groups.

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AI Analysis | Feedback

Here are the key risks to PVH Corp.'s business:

  1. Geopolitical and Regulatory Risks, particularly in China: PVH Corp. faces significant geopolitical and regulatory challenges, especially concerning its operations in China. The company's inclusion on China's List of Unreliable Entities could lead to fines, restrictions, and impact its ability to conduct business in this crucial market. Disruptions in China are particularly impactful as the region, despite contributing a smaller percentage to overall revenue, disproportionately contributes to the company's profits. These regulatory hurdles may necessitate shifts in production and operational strategies, affecting revenue and overall business stability.
  2. Macroeconomic Uncertainty and Consumer Spending: The apparel industry, in which PVH Corp. operates, is highly susceptible to global macroeconomic conditions. Factors such as inflation, high interest rates, and broader geopolitical tensions can negatively influence consumer confidence and spending habits. A downturn in consumer demand can lead to increased promotional activities, pressure on pricing, and ultimately, a reduction in profit margins across PVH's diverse brand portfolio.
  3. Supply Chain and Distribution Vulnerabilities: PVH Corp. is heavily reliant on a complex global supply chain, with approximately 60% of its sourcing originating from Asia. This dependence exposes the company to various risks, including political instability, natural disasters, and changes in trade policies, such as tariffs, which can disrupt production, increase operational costs, and impact the efficiency of its distribution network. Maintaining stringent quality and compliance monitoring across this vast network is also a continuous challenge.

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The rapid rise and market dominance of ultra-fast fashion retailers (e.g., Shein, Temu).

These companies leverage sophisticated data analytics, AI-driven design, and agile supply chains to bring hyper-trendy clothing to market at unprecedented speed and exceptionally low price points, primarily through direct-to-consumer digital channels. This business model directly competes with PVH's traditional design cycles, brand positioning, pricing strategies, and established wholesale/retail distribution channels, potentially eroding market share and profitability, particularly among younger, trend-focused consumers.

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PVH Corp. operates within several large addressable markets for its main products and services.

  • Global Apparel Market: The global apparel market was valued at approximately USD 1.84 trillion in 2025 and is projected to reach USD 2.54 trillion by 2033.
  • North America Apparel Market: The U.S. apparel market is projected to reach USD 399.77 billion by 2026.
  • Global Intimate Apparel Market: The global intimate apparel market was valued at USD 88.24 billion in 2025 and is poised to grow to USD 116.58 billion by 2035. Another estimate placed the global intimate wear market size at around USD 93.34 billion in 2023, with a projection to reach USD 149.84 billion by 2032.
  • North America Intimate Apparel/Lingerie Market: North America held a significant market share in intimate apparel, with one estimate indicating over 40% of the global revenue in 2024, amounting to USD 32.50 billion. The North America intimate lingerie market is expected to reach a projected revenue of USD 7.41 billion by 2030. The North America intimate apparel market size in 2025 was USD 16.25 billion.
  • Global Denim Market: The global denim market size was valued at USD 71.14 billion in 2024 and is expected to reach USD 119.51 billion by 2032.
  • North America Denim Market: The North America denim market size was valued at USD 45.08 billion in 2024 and is expected to reach USD 70.24 billion by 2032. The North American jeans market was approximately USD 18 billion in 2023.
  • Global Fashion Accessories Market: The global fashion accessories market size was estimated at USD 798.81 billion in 2024 and is projected to reach USD 1.25 trillion by 2030. Another source valued it at USD 1.14 trillion in 2025 and projected it to reach USD 2.23 trillion by 2034.
  • North America Fashion Accessories Market: The North America fashion accessories market is projected to reach a revenue of USD 440.80 billion by 2030. North America accounted for 35.5% of the global fashion accessories market in 2023.

AI Analysis | Feedback

PVH Corp. (PVH) is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives, primarily centered around its "PVH+ Plan." This multi-year roadmap focuses on leveraging its core brands, digital capabilities, and market expansion.

The key drivers of future revenue growth for PVH include:

  1. Product Innovation and "Hero Products": PVH aims to invigorate its core brands, Calvin Klein and Tommy Hilfiger, by developing "best hero products" in key growth categories and expanding successful franchises. This strategy includes launching innovative products and collaborations, such as the successful Calvin Klein Icon Cotton Stretch line.

  2. Digital and Direct-to-Consumer (DTC) Channel Expansion: The company is accelerating its digital growth and building a comprehensive distribution strategy, with a strong focus on its direct-to-consumer channels, which include e-commerce and company-operated stores. PVH projects a compounded annual growth rate (CAGR) of over 20% for its digital channels and anticipates direct-to-consumer brick-and-mortar sales to outpace wholesale.

  3. Targeted Geographic Expansion: PVH is strategically expanding its presence across key global markets. This includes prioritizing international growth, with notable success and focus on the Americas, EMEA (Europe, Middle East, and Africa), and particularly the Asia-Pacific region, which is expected to see mid-teens CAGR.

  4. Enhanced Consumer Engagement and Brand Building for Calvin Klein and Tommy Hilfiger: A central element of the PVH+ Plan is to create 360-degree consumer engagement around its "hero products" by partnering with leading creators and implementing impactful marketing campaigns. The goal is to elevate Calvin Klein and Tommy Hilfiger into premier global lifestyle brands, thereby increasing brand desirability and consumer loyalty.

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Share Repurchases

  • PVH announced its intention to enter into Accelerated Share Repurchase (ASR) agreements to repurchase $500 million of its common stock in March 2025.
  • The company subsequently entered into these $500 million ASR agreements in April 2025, with an initial delivery of approximately 4.6 million shares.
  • In the first nine months of 2025, PVH repurchased a total of 7.7 million shares for $561 million.
  • As of February 2, 2025, $1.8 billion remained available under an existing $5.0 billion stock repurchase authorization, which is authorized through July 30, 2028.

Outbound Investments

  • PVH has been strategically bringing a significant portion of product categories, previously licensed to G-III Apparel Group, Ltd., in-house to gain greater brand control.
  • The company is directing capital towards its "PVH+ Plan," a multi-year strategy focused on accelerating the growth of its Calvin Klein and Tommy Hilfiger brands, including investments in digital and direct-to-consumer channels.

Capital Expenditures

  • PVH's capital expenditures averaged $214.8 million annually from fiscal years ending January 2021 to 2025.
  • Approximately $200 million in capital expenditures were planned for 2025, with a primary focus on IT infrastructure and distribution network capabilities.
  • The company is making investments in brand-building initiatives, flagship store openings, product innovation, and expanding omnichannel, data analytics, AI-enabled merchandising, and direct-to-consumer capabilities.

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PVHVFCRLTPRCPRILEVIMedian
NamePVH VF Ralph La.Tapestry Capri Levi Str. 
Mkt Price87.1919.64369.36151.3719.7722.2754.73
Mkt Cap4.07.722.630.92.48.78.2
Rev LTM8,9509,5837,8337,5154,3266,4987,674
Op Inc LTM6565111,2541,5706710683
FCF LTM5383106941,643-134474506
FCF 3Y Avg6156038431,265156508609
CFO LTM6804671,1311,785-19689684
CFO 3Y Avg7977651,1091,393296745781

Growth & Margins

PVHVFCRLTPRCPRILEVIMedian
NamePVH VF Ralph La.Tapestry Capri Levi Str. 
Rev Chg LTM3.4%-0.3%12.7%10.9%7.7%6.9%7.3%
Rev Chg 3Y Avg-0.2%-6.2%6.9%4.5%-8.3%1.6%0.7%
Rev Chg Q5.6%1.5%12.2%14.0%-4.0%14.1%8.9%
QoQ Delta Rev Chg LTM1.5%0.4%3.5%4.3%-1.0%3.4%2.5%
Op Mgn LTM7.3%5.3%16.0%20.9%0.1%10.9%9.1%
Op Mgn 3Y Avg8.2%4.8%13.8%18.7%4.1%9.6%8.9%
QoQ Delta Op Mgn LTM-0.1%0.4%0.8%2.2%-1.1%-0.2%0.2%
CFO/Rev LTM7.6%4.9%14.4%23.8%-0.4%10.6%9.1%
CFO/Rev 3Y Avg8.9%7.8%15.6%19.7%6.5%12.4%10.6%
FCF/Rev LTM6.0%3.2%8.9%21.9%-3.1%7.3%6.7%
FCF/Rev 3Y Avg6.9%6.1%11.9%17.9%3.5%8.5%7.7%

Valuation

PVHVFCRLTPRCPRILEVIMedian
NamePVH VF Ralph La.Tapestry Capri Levi Str. 
Mkt Cap4.07.722.630.92.48.78.2
P/S0.40.82.94.10.51.31.1
P/EBIT16.313.718.842.8394.911.817.6
P/E158.534.424.659.2-4.714.029.5
P/CFO5.916.420.017.3-124.712.614.5
Total Yield0.7%4.7%5.0%2.7%-21.3%9.6%3.7%
Dividend Yield0.1%1.8%0.9%1.0%0.0%2.5%1.0%
FCF Yield 3Y Avg14.0%8.1%6.3%9.2%4.8%7.1%7.6%
D/E1.10.70.10.10.60.30.4
Net D/E0.90.50.00.10.50.20.3

Returns

PVHVFCRLTPRCPRILEVIMedian
NamePVH VF Ralph La.Tapestry Capri Levi Str. 
1M Rtn39.8%22.5%9.2%6.8%7.7%20.2%14.7%
3M Rtn33.0%2.5%2.1%14.0%-23.2%4.5%3.5%
6M Rtn5.0%38.6%16.6%30.5%-4.7%5.3%11.0%
12M Rtn27.5%85.4%83.8%140.2%46.4%59.6%71.7%
3Y Rtn-0.6%-4.8%223.3%288.0%-55.6%60.3%29.8%
1M Excs Rtn35.0%17.7%4.3%1.9%2.8%15.4%9.9%
3M Excs Rtn32.3%-0.4%0.3%12.1%-25.2%3.6%1.9%
6M Excs Rtn3.5%35.7%11.5%28.0%-6.6%1.1%7.5%
12M Excs Rtn-4.1%50.0%57.9%111.3%4.0%21.4%35.7%
3Y Excs Rtn-70.0%-72.8%161.1%229.1%-125.5%-16.5%-43.3%

Financials

Segment Financials

Assets by Segment
$ Mil20262025202420232022
All other assets9,524    
Europe, the Middle East and Africa (EMEA)784    
Americas475    
Asia-Pacific (APAC)250    
Calvin Klein International 3,0053,1003,1643,017
Calvin Klein North America 1,3551,5271,6101,523
Corporate 8235598801,389
Heritage Brands Wholesale 137410420548
Tommy Hilfiger International 4,6684,8754,9135,295
Tommy Hilfiger North America 1,1851,2961,4101,448
Heritage Brands Retail    74
Total11,03311,17311,76812,39713,293


Price Behavior

Price Behavior
Market Price$87.19 
Market Cap ($ Bil)4.1 
First Trading Date07/10/1987 
Distance from 52W High-4.3% 
   50 Days200 Days
DMA Price$69.98$74.71
DMA Trendindeterminateup
Distance from DMA24.6%16.7%
 3M1YR
Volatility41.3%44.6%
Downside Capture-0.250.50
Upside Capture139.64103.39
Correlation (SPY)33.0%37.4%
PVH Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.081.041.071.301.351.36
Up Beta4.161.731.522.011.631.51
Down Beta0.020.991.021.410.941.04
Up Capture148%147%112%73%144%192%
Bmk +ve Days7162765139424
Stock +ve Days8203156118363
Down Capture92%48%91%126%126%110%
Bmk -ve Days12233358110323
Stock -ve Days14213169133386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PVH
PVH26.9%44.6%0.67-
Sector ETF (XLY)25.4%19.4%1.0449.1%
Equity (SPY)22.0%12.9%1.3640.0%
Gold (GLD)49.0%27.5%1.44-4.1%
Commodities (DBC)25.0%16.1%1.383.4%
Real Estate (VNQ)17.3%13.7%0.9232.8%
Bitcoin (BTCUSD)-10.4%42.6%-0.1423.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PVH
PVH-3.4%46.8%0.09-
Sector ETF (XLY)7.1%23.7%0.2656.3%
Equity (SPY)10.9%17.0%0.5053.9%
Gold (GLD)21.9%17.8%1.014.1%
Commodities (DBC)11.5%18.8%0.5011.6%
Real Estate (VNQ)4.0%18.8%0.1242.8%
Bitcoin (BTCUSD)5.1%56.5%0.3125.6%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PVH
PVH-0.9%48.5%0.17-
Sector ETF (XLY)12.8%22.0%0.5358.2%
Equity (SPY)13.8%17.9%0.6756.8%
Gold (GLD)14.3%15.9%0.75-0.9%
Commodities (DBC)8.7%17.6%0.4120.8%
Real Estate (VNQ)5.4%20.7%0.2248.8%
Bitcoin (BTCUSD)67.8%66.9%1.0717.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity4.5 Mil
Short Interest: % Change Since 315202614.0%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest3.6 days
Basic Shares Quantity46.0 Mil
Short % of Basic Shares9.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/31/20269.7%25.4% 
11/18/2025-3.2%2.3%-6.6%
8/26/2025-0.9%3.5%4.0%
3/31/202518.2%2.1%6.7%
12/4/2024-3.5%-2.7%-4.5%
8/27/2024-6.4%-7.5%-6.6%
4/1/2024-22.2%-21.8%-22.1%
11/29/20236.9%14.1%33.5%
...
SUMMARY STATS   
# Positive10119
# Negative989
Median Positive8.2%8.4%6.7%
Median Negative-5.9%-6.6%-6.9%
Max Positive20.0%25.4%33.5%
Max Negative-22.2%-21.8%-26.0%

SEC Filings

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Report DateFiling DateFiling
01/31/202603/31/202610-K
10/31/202512/08/202510-Q
07/31/202509/05/202510-Q
04/30/202506/04/202510-Q
01/31/202504/01/202510-K
10/31/202412/09/202410-Q
07/31/202409/09/202410-Q
04/30/202406/12/202410-Q
01/31/202404/02/202410-K
10/31/202312/07/202310-Q
07/31/202309/07/202310-Q
04/30/202306/08/202310-Q
01/31/202303/28/202310-K
10/31/202212/08/202210-Q
07/31/202209/08/202210-Q
04/30/202206/09/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Larsson, StefanChief Executive OfficerDirectBuy630202563.9215,6451,000,00217,222,474Form
2Andersen, Jesper DirectBuy612202566.1060039,66048,650Form