Tearsheet

VF (VFC)

Market Price (12/4/2025): $18.675 | Market Cap: $7.3 Bil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

VF (VFC)

Market Price (12/4/2025): $18.675
Market Cap: $7.3 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Dividend Yield is 2.5%	Weak multi-year price returns 2Y Excs Rtn is -37%, 3Y Excs Rtn is -109%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 95%
1	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, Sustainable Consumption, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, Show more.		Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 62x
2			Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.7%

0	Attractive yield Dividend Yield is 2.5%
1	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, Sustainable Consumption, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, Show more.
2	Weak multi-year price returns 2Y Excs Rtn is -37%, 3Y Excs Rtn is -109%
3	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 95%
4	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 62x
5	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.7%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022
Share Price CYE	$18.68	$21.09	$18.08	$25.29
Market Cap CYE ($ Bil)	7.3	8.2	7.0	9.8
Total Debt ($ Bil)	5.8	5.4	7.3	8.2
Total Cash ($ Bil)	0.4	0.4	0.7	0.8
Enterprise Value ($ Bil)	12.7	13.6	14.3	18.0
Valuation Ratios
P/S TTM	0.6	0.9	0.7	1.0
P/EBIT TTM	14.2	26.1	-73.8	12.0
P/E TTM	62.4	-44.0	-7.5	90.3
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4

	12/4/25	2024
Share Price CYE	$18.68	$21.09
Market Cap CYE ($ Bil)	7.3	8.2
Total Debt ($ Bil)	5.8	5.4
Total Cash ($ Bil)	0.4	0.4
Enterprise Value ($ Bil)	12.7	13.6
Valuation Ratios
P/S TTM	0.6	0.9
P/EBIT TTM	14.2	26.1
P/E TTM	62.4	-44.0
Sector Ratios
P/S TTM (Sector)	0.8	0.8
P/EBIT TTM (Sector)	7.6	8.0
P/E TTM (Sector)	10.4	11.1

	VFC	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	9.5
Rev Chg Q	1.6%	7.1%
Rev Chg LTM	-0.1%	6.1%
Rev Chg 3Y Avg	-6.7%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.5
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	4.9%	18.8%
CFO/Rev LTM	3.9%	20.5%
Net Inc Mgn	0.9%	13.1%
VALUATION	MODERATE
P/S	0.6	3.2
P/CFO	15.1	15.8
P/FCF	23.5	20.5
P/E	62.4	23.5
STABILITY	POOR
Debt/Equity	1.03	0.20
Cash/Assets	0.04	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Direct-to-consumer Revenue Percentage	44%	3292025	Link
Wholesale Revenue Percentage	56%	3292025	Link
Number of VF-operated retail stores	1127	3292025	Link
E-commerce Revenue Percentage of Total Revenue	18%	3292025	Link
Number of Associates	~30,000	11102025	Link
Number of Countries Where Products are Sold	100	11102025	Link

Upcoming
12/10/2025	Dividend	Amount: $0.09 Payment On: 12/18/2025
2/04/2026	Earnings Release	Rev: - EPS: -

VFC Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

The original request asks for an explanation of a 24.1% stock movement for VFC between 8/31/2025 and 12/4/2025. This is a period in the future. I cannot provide factual reasons for future stock movements. However, the instructions state: "If the end date for this request is in the future, simply ignore that date and use the most recent date for which you have information." This implies I should provide relevant information up to my current knowledge cutoff, even if it doesn't directly address the hypothetical future scenario. Based on the search results, I found information about VFC's performance and news around late 2023 and also some future-dated (2024, 2025) news articles that appear to be misdated or predictive in nature, or referencing fiscal years that end in those calendar years. Given the constraints, I will provide key points related to VFC's stock performance and company developments from the most recent available *actual* historical period (late 2023), without trying to explain the user's hypothetical 24.1% future stock move, as I have no information to support such a claim. I will focus on the actual Q2 FY24 (ended Sep 30, 2023) results and related company announcements. Here are the key points from the search results for VFC during a recent period (around Q2 FY24, which ended September 30, 2023): 1. **Q2 FY24 Financial Performance & Outlook Withdrawal:** VF Corporation reported its second quarter fiscal 2024 results (ended September 30, 2023) with revenue down 2% (4% in constant dollars) to $3.0 billion. The company reported a loss per share of $(1.16), compared to a loss of $(0.31) in Q2 FY23, impacted by a tax expense related to a Timberland tax case ruling. Adjusted earnings per share were $0.63, down from $0.73 in Q2 FY23. Critically, VFC withdrew its FY24 revenue and earnings outlook, and updated its FY24 free cash flow guidance to $600 million, down from a prior $900 million. This withdrawal of guidance and reduced outlook can significantly impact investor confidence. 2. **"Reinvent" Transformation Program & Dividend Cut:** Along with its Q2 FY24 results, VF Corporation announced "Reinvent," a comprehensive transformation program. The program aims to improve brand-building and execution, address North America performance, accelerate the Vans turnaround, significantly reduce fixed costs, and reduce leverage. As part of this, the company also announced a significant 70% decrease in its quarterly per share dividend to $0.09 from the previous quarter. 3. **Vans Underperformance and North Face Growth:** The Vans brand continued to be a drag on performance, with revenue down 21% (23% in constant dollars) in Q2 FY24. The CEO acknowledged lower-than-expected progress at Vans and a tougher U.S. wholesale environment. In contrast, The North Face® continued to deliver strong double-digit revenue growth, up 19% (17% in constant dollars) in the same quarter, benefiting from on-time deliveries. 4. **CEO Bracken Darrell's Turnaround Strategy:** Bracken Darrell, who became President and CEO in July 2023, outlined a four-point turnaround plan focusing on improving the U.S. business, delivering the Vans turnaround, lowering the cost base with a $300 million restructuring, and deleveraging the balance sheet. He expressed conviction in the company's significant potential despite current underperformance. 5. **Inventory Management and Debt Reduction:** While inventories had increased significantly in Q1 FY24 (up 19%), the Q2 FY24 report noted that the company delivered on its commitment to reduce inventory versus the prior year. VF also paid down €850 million of term debt in September, ending Q2 with $1.7 billion in liquidity and net leverage of 4.5 times, slightly ahead of mid-year plans. Note: Some search results were dated in the future (2024-2025) and appear to discuss events as if they have already occurred or are future forecasts. This information has been largely disregarded in favor of actual historical reporting for Q2 FY24 (ended September 30, 2023) to align with the instruction to use the "most recent date for which you have information" and avoid hallucination about future events or stock movements.

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Stock Movement Drivers

Fundamental Drivers

The 26.7% change in VFC stock from 9/3/2025 to 12/3/2025 was primarily driven by a 26.3% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	14.73	18.67	26.73%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	9496.30	9541.06	0.47%
P/S Multiple	0.61	0.76	26.33%
Shares Outstanding (Mil)	390.02	390.65	-0.16%
Cumulative Contribution			26.73%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
VFC	26.7%
Market (SPY)	6.2%	36.3%
Sector (XLY)	3.5%	44.4%

Fundamental Drivers

The 50.7% change in VFC stock from 6/4/2025 to 12/3/2025 was primarily driven by a 50.5% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	12.39	18.67	50.69%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	9504.69	9541.06	0.38%
P/S Multiple	0.51	0.76	50.52%
Shares Outstanding (Mil)	389.61	390.65	-0.27%
Cumulative Contribution			50.69%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
VFC	50.7%
Market (SPY)	15.1%	44.3%
Sector (XLY)	11.5%	48.8%

Fundamental Drivers

The -8.5% change in VFC stock from 12/3/2024 to 12/3/2025 was primarily driven by a -8.0% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	20.41	18.67	-8.53%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	9554.50	9541.06	-0.14%
P/S Multiple	0.83	0.76	-8.02%
Shares Outstanding (Mil)	389.04	390.65	-0.41%
Cumulative Contribution			-8.53%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
VFC	-8.5%
Market (SPY)	14.3%	65.5%
Sector (XLY)	7.4%	67.7%

Fundamental Drivers

The -37.5% change in VFC stock from 12/4/2022 to 12/3/2025 was primarily driven by a -73.7% change in the company's Net Income Margin (%).

	12042022	12032025	Change
Stock Price ($)	29.88	18.67	-37.52%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	11791.24	9541.06	-19.08%
Net Income Margin (%)	3.60%	0.95%	-73.68%
P/E Multiple	27.31	80.72	195.61%
Shares Outstanding (Mil)	387.69	390.65	-0.76%
Cumulative Contribution			-37.53%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
VFC	3.8%
Market (SPY)	53.2%	49.2%
Sector (XLY)	42.3%	50.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
VFC Return	-12%	-12%	-60%	-29%	17%	-16%	-79%
Peers Return	25%	19%	-20%	21%	5%	-39%	-7%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
VFC Win Rate	50%	50%	17%	50%	58%	30%
Peers Win Rate	60%	57%	35%	63%	50%	32%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
VFC Max Drawdown	-54%	-21%	-64%	-50%	-36%	-54%
Peers Max Drawdown	-46%	-7%	-44%	-17%	-25%	-47%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: NKE, LULU, DECK, COLM, UA. See VFC 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] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	VFC	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-85.5%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	587.4%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-54.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	117.9%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	Not Fully Recovered days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-30.1%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	43.0%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	359 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-58.3%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	139.8%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	825 days	1480 days

Compare to NKE, LULU, DECK, COLM, UA

In The Past

VF's stock fell -85.5% during the 2022 Inflation Shock from a high on 5/4/2021. A -85.5% loss requires a 587.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About VF (VFC)

V.F. Corporation, together with its subsidiaries, engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work. The company offers outdoor, merino wool and other natural fibers-based, lifestyle, and casual apparel; equipment; accessories; outdoor lifestyle, performance-based, youth culture/action sports-inspired, streetwear, and protective work footwear; handbags, luggage, backpacks, totes, and travel accessories; and work and work-inspired lifestyle apparel and footwear. It provides its products under the North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Eagle Creek, Dickies, and Timberland PRO brand names. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms. V.F. Corporation was founded in 1899 and is headquartered in Denver, Colorado.

AI Generated Analysis | Feedback

1. PVH Corp for outdoor, active, and workwear brands.

2. LVMH for popular lifestyle apparel.

AI Generated Analysis | Feedback

Vans Footwear and Apparel: Offers a range of shoes, apparel, and accessories primarily for skateboarding and youth lifestyle.
The North Face Outdoor Gear: Provides performance apparel, footwear, and equipment for outdoor activities such as hiking, climbing, and skiing.
Timberland Footwear and Apparel: Sells durable boots, shoes, and clothing primarily for outdoor work and lifestyle use.
Dickies Workwear: Manufactures and distributes workwear clothing, including pants, shirts, and outerwear, known for durability.
Supreme Streetwear: Designs and sells fashion apparel, accessories, and skateboards, known for its strong brand identity and limited drops.

AI Generated Analysis | Feedback

VF Corporation (symbol: VFC) primarily sells its products to other companies through **wholesale channels**, which consistently account for over 60% of its total revenue. While VF Corporation does not disclose the names of specific major customers in its public filings (as no single customer accounts for more than 10% of its total revenues), its major customer base consists of a wide array of global retailers that carry its popular brands such as Vans, The North Face, Timberland, and Dickies. Based on VF Corporation's brand portfolio and market presence, the following are examples of prominent public companies that are significant wholesale customers or channel partners:

Macy's, Inc. (symbol: M) - A major department store chain that carries brands like The North Face and Timberland.
DICK'S Sporting Goods, Inc. (symbol: DKS) - A leading sporting goods retailer, a key partner for The North Face and Smartwool.
Foot Locker, Inc. (symbol: FL) - A prominent athletic footwear and apparel retailer that stocks Vans and Timberland.
Amazon.com, Inc. (symbol: AMZN) - A dominant online retailer that serves as both a direct seller and marketplace for numerous VF Corp brands.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

Bracken Darrell, President & CEO

Bracken Darrell was appointed President and Chief Executive Officer of VF Corporation in July 2023. He has over 30 years of experience in business leadership and brand management with global consumer companies. Before joining VF, Darrell served as President and CEO of Logitech International, S.A. for 10 years, beginning in January 2013. He is recognized for leading a turnaround at Logitech by expanding into new categories, increasing market share, and elevating design, which resulted in more than doubling revenue and a tenfold increase in market capitalization. Prior to Logitech, he held international leadership roles, including President of Braun globally at Procter & Gamble, President of EMEA at Whirlpool Corporation, and General Manager of Consumer Home Service at General Electric. Early in his career, he led the turnaround of the Old Spice brand at Procter & Gamble. He began his career with Arthur Andersen and then PepsiCo. Mr. Darrell has served as a director of Sonos, Inc. since February 2024.

Paul Vogel, Executive Vice President & Chief Financial Officer

Paul Vogel was appointed Executive Vice President and Chief Financial Officer of VF Corporation in July 2024. Before joining VF, he served as the Chief Financial Officer of Spotify Technology S.A. from January 2020 to March 2024.

Richard T. Carucci, Chairman Executive Board

Richard T. Carucci has served as the Chairman of VF Corporation since June 2023, and as a director on the board since 2009. He previously held the roles of President of Yum! Brands, Inc. from 2012 to 2014, and Chief Financial Officer of Yum! Brands, Inc. from 2005 to 2012. During his tenure at Yum! Brands, which he joined in 1997, he held various finance, international, and management positions. Prior to Yum! Brands' spin-off from PepsiCo in 1997, Carucci spent 13 years in international finance positions at PepsiCo.

Martino Scabbia Guerrini, Chief Commercial Officer and President Emerging Brands

Martino Scabbia Guerrini holds the titles of Chief Commercial Officer and President Emerging Brands at VF Corporation. He has also been noted as Executive Vice President and President, Europe, Middle East, Africa (EMEA) and Emerging Brands, and has served as President of EMEA at V.F. Corporation since April 1, 2017.

Velia Carboni, Executive Vice President & Chief Digital & Technology Officer

Velia Carboni serves as the Executive Vice President and Chief Digital & Technology Officer for VF Corporation.

AI Generated Analysis | Feedback

The rise of ultra-fast fashion retailers such as Shein and Temu represents a clear emerging threat. These companies leverage highly optimized, data-driven supply chains to deliver extremely low-priced, trend-driven apparel and footwear with unparalleled speed and variety. While VFC's portfolio includes premium and outdoor-focused brands, the aggressive market penetration and rapid capture of consumer attention by these platforms, especially among younger demographics, can draw away discretionary spending and significantly alter consumer expectations regarding product cycles, price points, and trend accessibility across the broader apparel market. This new model directly challenges traditional apparel industry dynamics, including the supply chain, design, and marketing strategies employed by established players like VFC.

AI Generated Analysis | Feedback

VF Corporation (VFC) operates in the global apparel, footwear, and accessories markets through its diverse portfolio of lifestyle brands. The addressable markets for its main products and services can be summarized as follows:

Global Apparel Market: The global apparel market is estimated to be approximately USD 1.80 trillion to USD 1.84 trillion in 2025.
- U.S. Apparel Market: The United States apparel market alone is valued at USD 365.70 billion.
- Europe Apparel Market: The apparel market in Europe is projected to reach USD 432.30 billion in 2025.
- Global Outdoor Apparel Market: This segment, which includes performance-based and outdoor apparel, was valued between USD 15.9 billion in 2024 and is projected to reach approximately USD 18.44 billion in 2025. North America is a leading region in the outdoor apparel market.
- Global Activewear Market: The global activewear market was estimated at USD 425.5 billion in 2022 and is projected to grow to USD 771.8 billion by 2032. North America dominated the activewear market in 2022.
Global Footwear Market: The global footwear market is projected to be between approximately USD 441.56 billion and USD 495.46 billion in 2025.
- North America Footwear Market: North America held a significant share of the global footwear market, with estimates ranging from 27.12% in 2024 to over 39.8% in 2024.
Accessories Market (e.g., Backpacks): While a specific global market size for all accessories like backpacks is not readily available, VF Corporation previously controlled a significant portion of the U.S. backpack market.

AI Generated Analysis | Feedback

Expected drivers of future revenue growth for VF Corporation (VFC) over the next 2-3 years include:

Vans Brand Turnaround and Product Innovation: A significant focus of VF Corporation's "Reinvent" transformation program is on revitalizing the Vans brand. This involves strategic actions in product innovation and marketing to address past declines and drive future growth.
Sustained Growth of Core Performing Brands: Key brands such as The North Face and Timberland have consistently demonstrated strong performance and are expected to continue contributing positively to revenue growth. The North Face and Timberland both reported 4% revenue growth in Q2 2025.
Strategic Investments in Product Design, Brand Building, and Emerging Brands: VF Corporation is emphasizing new capabilities in product design, innovation, and brand building across its portfolio. This also includes nurturing the growth of emerging brands like Altra, which saw a 35% increase in revenue in Q2 2025, and Supreme, which delivered low double-digit sales growth.
Expansion and Enhanced Performance in International Markets: The company views its international business as more resilient, with a particular focus on growth in the APAC region. The North Face, for example, demonstrated strong performance in APAC, with Greater China growing almost 30%.

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Share Repurchases

VF Corporation repurchased 36,028,885 shares for $2,513 million under an equity buyback plan announced in March 2017, with these repurchases completed by June 29, 2024.
The company did not purchase shares in open market transactions under its share repurchase program during the three months ended June 2024.
Management indicates that future excess capital is anticipated to be primarily used for debt reduction rather than significant share repurchases.

Outbound Investments

VF Corporation acquired the global streetwear brand Supreme for $2.1 billion in November 2020.
The company subsequently sold the Supreme brand to EssilorLuxottica for $1.5 billion in July 2024, with the proceeds primarily directed towards reducing debt.
In September 2025, VF agreed to sell its Dickies brand for $600 million in cash, with the transaction expected to close by year-end 2025, aiming to reduce debt and provide capacity for further investment.

Capital Expenditures

VF's capital expenditures averaged $163.6 million annually for fiscal years ending April 2021 to 2025.
Capital expenditures peaked at $245.4 million in April 2022 and reached a 5-year low of $86.274 million in March 2025.
The company's capital allocation priorities include continued reinvestment, focusing on building scalable capabilities such as elevated design, modern marketing, global commercial platforms, integrated business planning, AI, and talent development.

Better Bets than VF (VFC)

	VFC	Better Performance than VFC
Metric	Value	INDUSTRY: Apparel, Accessories & Luxury Goods
Rev Chg LTM	-0.1%	RL (12.3%), LEVI (11.2%), LULU (9.2%), TPR (8.1%), GIL (4.0%)
Rev Chg 3Y Avg	-6.7%	LULU (15.8%), RL (5.8%), TPR (2.5%), LEVI (1.9%), NKE (-0.3%)
Op Mgn LTM	4.9%	LULU (22.9%), TPR (18.7%), RL (15.2%), LEVI (10.9%), NKE (7.4%)
CFO/Rev LTM	3.9%	LULU (17.5%), TPR (16.8%), RL (14.4%), LEVI (8.5%), NKE (7.6%)
FCF/Rev LTM	2.5%	TPR (15.0%), LULU (10.7%), RL (8.8%), NKE (6.5%), LEVI (4.9%)
Total Yield	4.1%	LEVI (8.3%), LULU (6.3%), GIL (6.3%), KTB (5.6%), RL (5.5%)
P/S	0.6	GIII (0.3), CRI (0.4), PVH (0.4), OXM (0.4), UA (0.4)
P/Op Inc	12.0	HBI (5.1), PVH (5.1), COLM (11.1), LULU (11.4), GIL (11.8)

	VFC	Better Performance than VFC
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	-0.1%	BKNG (13.0%), AMZN (10.9%), HD (8.5%), TJX (4.1%), MCD (1.2%)
Rev Chg 3Y Avg	-6.7%	AMZN (11.3%), TSLA (9.3%), TJX (5.3%), MCD (4.2%), HD (2.2%)
Op Mgn LTM	4.9%	MCD (46.1%), HD (13.1%), AMZN (11.4%), TJX (11.2%), TSLA (5.1%)
CFO/Rev LTM	3.9%	MCD (39.9%), AMZN (18.1%), TSLA (16.5%), HD (10.8%), TJX (10.2%)
FCF/Rev LTM	2.5%	BKNG (31.9%), MCD (28.1%), HD (8.6%), TSLA (7.1%), TJX (7.0%)
Total Yield	4.1%	LOW (7.6%), HD (6.5%), MCD (6.2%), SBUX (5.1%), TJX (4.9%)
P/S	0.6	F (0.3), GM (0.3), MGA (0.3), BBY (0.3), PAG (0.4)
P/Op Inc	12.0	GM (7.1), DHI (8.0), CCL (8.6), LEN (9.3), LOW (12.0)

	VFC	Better Performance than VFC
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-0.1%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), GOOGL (13.4%), AAPL (6.0%)
Rev Chg 3Y Avg	-6.7%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	4.9%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	3.9%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	2.5%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	4.1%	XOM (10.3%), JNJ (8.4%), JPM (6.7%), BRK-B (6.2%), GOOGL (4.6%)
P/S	0.6	COR (0.2), CVS (0.2), MCK (0.2), CI (0.3), ELV (0.4)
P/Op Inc	12.0	VZ (5.9), T (8.3), MRK (9.4), PFE (9.4), UNH (11.9)

		Best Bets In Consumer Discretionary Sector
	VFC
What You Pay
P/E	62.4
P/EBIT	14.1
What You Get
Rev Chg Q	1.6%
Rev Chg LTM	-0.1%
Rev Chg 3Y Avg	-6.7%
FCF/Rev 3Y Avg	3.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Is VF Stock Built to Withstand a Pullback?	Return
2	As VFC Surges 11% in a Week, UNH's Story Stands Out	Counter-Intuitive Comparisons
3	After VFC's 11% Climb in a Week, GM Looks Like the Stronger Long-Term Play	Counter-Intuitive Comparisons
4	With VFC Up 11% in a Week, Is It Time to Compare It Against KTB?	Counter-Intuitive Comparisons
5	How Does VF Stock Compare With Peers?	Peer Comparison
6	Better Bet Than VFC Stock: Pay Less Than VF To Get More From MRK, EIX
7	VFC Dip Buy Analysis
8	VF (VFC) Stock: 32% of days in last 3 months had 1% or greater fluctuation
9	VF Total Shareholder Return (TSR): 5.9% in 2025 and -24.4% 3-yr compounded annual returns (below peer average)
10	VF (VFC) worth $7.9 Bil (down $-1.1 Bil), still more valuable than MarketAxess	Notification
11	ARTICLES
12	Down 78% From Its Pre-Inflation Shock High, With The S&P Up 13%, What Is Next For VF Corp Stock?		December 27th, 2023
13	Can VF Corp Stock Rebound After Falling 14% Over Last Week?		February 13th, 2023
14	Here’s Why VF Corporation Stock Could Gain Only 10% Post Covid-19 Crisis		May 29th, 2020
15	Key Takeaways from VFC’s Q4 Results		February 20th, 2018
16	International Sales and Digital Platform To Drive VFC’s Q4 Earnings		February 15th, 2018

	Title
0	DASHBOARDS
1	Is VF Stock Built to Withstand a Pullback?
2	As VFC Surges 11% in a Week, UNH's Story Stands Out
3	After VFC's 11% Climb in a Week, GM Looks Like the Stronger Long-Term Play
4	With VFC Up 11% in a Week, Is It Time to Compare It Against KTB?
5	How Does VF Stock Compare With Peers?
6	Better Bet Than VFC Stock: Pay Less Than VF To Get More From MRK, EIX
7	VFC Dip Buy Analysis
8	VF (VFC) Stock: 32% of days in last 3 months had 1% or greater fluctuation
9	VF Total Shareholder Return (TSR): 5.9% in 2025 and -24.4% 3-yr compounded annual returns (below peer average)
10	VF (VFC) worth $7.9 Bil (down $-1.1 Bil), still more valuable than MarketAxess
11	ARTICLES
12	Down 78% From Its Pre-Inflation Shock High, With The S&P Up 13%, What Is Next For VF Corp Stock?
13	Can VF Corp Stock Rebound After Falling 14% Over Last Week?
14	Here’s Why VF Corporation Stock Could Gain Only 10% Post Covid-19 Crisis
15	Key Takeaways from VFC’s Q4 Results
16	International Sales and Digital Platform To Drive VFC’s Q4 Earnings

Trade Ideas

Select past ideas related to VFC. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%
VFC_3312020_Dip_Buyer_ValueBuy	03312020	VFC	VF	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	30.6%	51.6%	-10.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%
VFC_3312020_Dip_Buyer_ValueBuy	03312020	VFC	VF	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	30.6%	51.6%	-10.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for VF

Peers to compare with:

Financials

	VFC	NKE	LULU	DECK	COLM	UA	Median
Name	VF	Nike	Lululemo.	Deckers .	Columbia.	Under Ar.
Mkt Price	18.67	65.65	182.30	94.97	55.18	4.43	60.42
Mkt Cap	7.3	96.9	21.8	14.2	3.0	1.9	10.7
Rev LTM	9,541	46,440	10,904	5,125	3,424	5,049	7,333
Op Inc LTM	468	3,420	2,495	1,212	257	36	840
FCF LTM	240	3,009	1,168	880	169	-45	560
FCF 3Y Avg	285	4,893	1,279	804	307	-68	555
CFO LTM	375	3,526	1,912	968	234	88	671
CFO 3Y Avg	455	5,611	1,964	893	366	79	674

Growth & Margins

	VFC	NKE	LULU	DECK	COLM	UA	Median
Name	VF	Nike	Lululemo.	Deckers .	Columbia.	Under Ar.
Rev Chg LTM	-0.1%	-7.1%	9.2%	15.5%	2.8%	-6.5%	1.3%
Rev Chg 3Y Avg	-6.7%	-0.3%	15.8%	16.3%	0.1%	-4.2%	-0.1%
Rev Chg Q	1.6%	1.1%	6.5%	16.9%	1.3%	-4.7%	1.4%
QoQ Delta Rev Chg LTM	0.5%	0.3%	1.4%	2.8%	0.3%	-1.3%	0.4%
Op Mgn LTM	4.9%	7.4%	22.9%	23.6%	7.5%	0.7%	7.4%
Op Mgn 3Y Avg	5.2%	10.2%	22.7%	21.3%	8.8%	1.6%	9.5%
QoQ Delta Op Mgn LTM	0.4%	-0.6%	-0.5%	-0.0%	-0.5%	-2.5%	-0.5%
CFO/Rev LTM	3.9%	7.6%	17.5%	18.9%	6.8%	1.7%	7.2%
CFO/Rev 3Y Avg	4.7%	11.3%	19.8%	20.2%	10.7%	1.5%	11.0%
FCF/Rev LTM	2.5%	6.5%	10.7%	17.2%	5.0%	-0.9%	5.7%
FCF/Rev 3Y Avg	3.0%	9.9%	12.9%	18.1%	9.0%	-1.2%	9.4%

Valuation

	VFC	NKE	LULU	DECK	COLM	UA	Median
Name	VF	Nike	Lululemo.	Deckers .	Columbia.	Under Ar.
Mkt Cap	7.3	96.9	21.8	14.2	3.0	1.9	10.7
P/S	0.6	2.2	2.6	3.0	0.8	0.4	1.5
P/EBIT	14.1	30.1	11.4	11.8	11.1	57.1	13.0
P/E	62.4	35.6	15.9	15.3	15.3	-23.6	15.6
P/CFO	15.1	29.2	14.9	15.6	12.2	23.5	15.3
Total Yield	4.1%	2.8%	6.3%	6.5%	8.9%	-4.2%	5.2%
Dividend Yield	2.5%	0.0%	0.0%	0.0%	2.3%	0.0%	0.0%
FCF Yield 3Y Avg	4.1%	3.8%	3.6%	4.7%	7.3%	-2.5%	3.9%
D/E	1.0	0.1	0.1	0.0	0.2	0.9	0.1
Net D/E	1.0	0.0	0.0	-0.1	0.1	0.7	0.1

Returns

	VFC	NKE	LULU	DECK	COLM	UA	Median
Name	VF	Nike	Lululemo.	Deckers .	Columbia.	Under Ar.
1M Rtn	31.8%	5.5%	10.2%	17.1%	10.2%	0.9%	10.2%
3M Rtn	26.7%	-11.6%	-8.2%	-23.2%	-2.0%	-9.4%	-8.8%
6M Rtn	50.7%	5.8%	-45.6%	-10.2%	-9.3%	-28.2%	-9.8%
12M Rtn	-8.5%	-14.8%	-46.5%	-53.2%	-36.3%	-51.3%	-41.4%
3Y Rtn	-37.5%	-38.3%	-52.8%	46.4%	-36.4%	-50.1%	-37.9%
1M Excs Rtn	31.8%	5.5%	10.2%	17.1%	10.2%	0.9%	10.2%
3M Excs Rtn	20.1%	-17.7%	-16.9%	-28.7%	-8.8%	-18.5%	-17.3%
6M Excs Rtn	36.0%	-8.9%	-60.3%	-25.0%	-24.0%	-42.9%	-24.5%
12M Excs Rtn	-19.2%	-27.8%	-56.7%	-65.1%	-49.0%	-63.0%	-52.9%
3Y Excs Rtn	-108.8%	-106.6%	-122.6%	-24.2%	-105.7%	-119.0%	-107.7%

Comparison Analyses

	Title
0	How Does VF Stock Compare With Peers?
1	VF Corporation vs. Columbia Sportswear Company: With Return Forecast Of 30%, Columbia Sportswear Company Is A Better Bet
2	Why VFC With 11% Upside May Beat TPR?
3	With 11% Gains On The Table, NKE May Outshine VFC
4	With 35% Gains On The Table, LULU May Outshine VFC
5	DECK Looks Stronger Than VFC With 62% Return Potential
6	VF Corporation vs. Intuit: Similar Revenue, But Intuit Is A Better Bet
7	VF Corporation vs. CSX: Similar Revenue, But VF Corporation Is A Better Bet
8	VF Corporation vs. Norfolk Southern: Similar Revenue, But VF Corporation Is A Better Bet
9	VF Corporation vs. West Pharmaceutical Services: Similar Market Cap, But VF Corporation Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 3/31	LTM	2025	2024	2023	2022	2021	2020
Period End	9/27/2025	3/31/2025	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/28/2020
Filing Date	10/28/2025	5/22/2025	5/23/2024	5/25/2023	5/26/2022	5/27/2021	5/27/2020
Key Financials
Total Revenue	9,541	9,505	9,916	11,089	11,842	9,239	10,489
EBITDA	666	579	209	1,142	1,927	861	1,087
Operating Income	468	393	364	999	1,632	628	1,251
Net Income	90	-190	-969	119	1,387	408	679
EPS	0.23	-0.49	-2.49	0.31	3.55	1.05	1.72
Growth Rates
Total Revenue Growth	-0.1%	-4.1%	-10.6%	-6.4%	28.2%	-11.9%	2.2%
EBITDA Growth	2174.5%	177.6%	-81.7%	-40.7%	123.7%	-20.8%	-22.5%
Operating Income Growth	141.5%	8.1%	-63.6%	-38.8%	159.9%	-49.8%	5.1%
Net Income Growth	113.5%	80.4%	-917.0%	-91.4%	240.0%	-40.0%	-46.1%
Margins
EBITDA Margin	7.0%	6.1%	2.1%	10.3%	16.3%	9.3%	10.4%
Operating Income Margin	4.9%	4.1%	3.7%	9.0%	13.8%	6.8%	11.9%
Net Income Margin	0.9%	-2.0%	-9.8%	1.1%	11.7%	4.4%	6.5%
Cash & Debt
Total Cash	419	429	656	815	1,276	1,415	1,369
Total Debt	5,791	5,366	7,349	8,151	6,798	7,362	5,211
Net Debt / (Cash)	5,372	4,937	6,693	7,336	5,523	5,947	3,842
Cash Flows
Net Cash from Operations	375	465	1,015	-656	864	1,313	875
Free Cash from Operations	240	339	817	-901	536	1,039	541
Returns to Shareholders
Dividends	140	140	303	703	773	757	749
Share Repurchases	5	3	3	3	350	-0	1,000

$ Mil \| FY: 3/31	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	9/27/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	10/28/2025	7/30/2025	5/22/2025	1/29/2025	10/30/2024	8/7/2024	5/23/2024	2/7/2024	11/3/2023	8/3/2023	5/25/2023	2/8/2023
Key Financials Quarterly
Total Revenue	2,803	1,761	2,144	2,834	2,758	1,769	2,247	2,780	2,920	2,086	2,216	3,531
Ebitda	388	-19	-3	300	339	-56	-280	27	423	60	510	852
Operating Income	313	-87	-35	277	274	-123	-123	166	351	-9	88	516
Net Income	190	-116	-151	168	52	-259	-418	-42	-451	-57	-215	508
EPS	0.49	-0.30	-0.39	0.43	0.13	-0.67	-1.08	-0.11	-1.16	-0.15	-0.55	1.31
Key Financials TTM
Total Revenue TTM	9,541	9,496	9,505	9,608	9,554	9,717	10,034	10,003	10,754	10,914	11,089	11,698
Ebitda TTM	666	617	579	302	29	113	230	1,020	1,845	1,387	1,363	1,124
Operating Income TTM	468	429	393	305	194	270	384	596	946	926	999	1,103
Net Income TTM	90	-47	-190	-457	-667	-1,170	-969	-765	-215	117	119	414
Growth Rates Quarterly
Total Revenue Growth	1.6%	-0.5%	-4.6%	1.9%	-5.6%	-15.2%	1.4%	-21.3%	-5.2%	-7.7%	-21.5%	-2.6%
EBITDA Growth	14.5%	67.1%	98.8%	1005.8%	-19.9%	-194.1%	-155.0%	-96.8%	1294.0%	63.6%	88.7%	15.1%
Operating Income Growth	14.1%	29.6%	71.8%	66.9%	-21.9%	-1268.1%	-239.3%	-67.9%	5.9%	-114.2%	-54.1%	-23.9%
Net Income Growth	263.7%	55.0%	64.0%	495.2%	111.6%	-350.8%	-94.7%	-108.4%	-280.6%	-2.6%	-365.8%	-1.9%
Margins Quarterly
EBITDA Margin	13.8%	-1.1%	-0.2%	10.6%	12.3%	-3.2%	-12.5%	1.0%	14.5%	2.9%	23.0%	24.1%
Operating Income Margin	11.2%	-4.9%	-1.6%	9.8%	9.9%	-7.0%	-5.5%	6.0%	12.0%	-0.4%	4.0%	14.6%
Net Income Margin	6.8%	-6.6%	-7.0%	5.9%	1.9%	-14.6%	-18.6%	-1.5%	-15.4%	-2.8%	-9.7%	14.4%
Cash & Debt
Total Cash	419	642	429	1,369	492	637	656	988	499	807	815	571
Total Debt	5,791	5,675	5,366	5,751	7,378	7,121	7,349	7,342	7,803	7,866	8,151	7,498
Net Debt / (Cash)	5,372	5,033	4,937	4,382	6,886	6,484	6,693	6,354	7,304	7,059	7,336	6,927
Cash Flows Quarterly
FCF from Operations	-227	-145	-171	918	-302	20	-91	1,125	-183	164	178	80
Cash Flows TTM
FCF from Operations TTM	375	300	465	545	752	871	1,015	1,283	239	-134	-656	-767
Returns to Shareholders Quarterly
Dividends	35	35	35	35	35	35	35	35	117	117	117	198
Share Repurchases	0	5	0	-0	1	2	0	0	1	2	0	1
Return on Invested Capital (ROIC) Quarterly
ROIC	11.1%	-4.2%	-1.8%	13.4%	10.2%	-5.0%	-5.3%	6.1%	14.0%	-0.3%	3.1%	20.9%
Return on Invested Capital (ROIC) TTM
ROIC TTM	2.4%	3.2%	2.5%	4.3%	2.0%	3.0%	4.1%	6.6%	3.4%	9.4%	9.8%	10.8%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Outdoor	5,501	5,648	5,328	4,128	4,644
Active	3,523	4,905	5,380	4,161	4,919
Work	892	1,060	1,133	946	886
All Other revenues		0	1	5	39
Total	9,916	11,612	11,842	9,239	10,489

Assets by Segment

$ Mil	2025	2024	2023	2022	2021
Goodwill and intangible assets, net	2,422	4,621	5,394	5,455	3,011
Assets of discontinued operations	1,826			588	611
Other assets	1,704	2,337	1,497	1,487	1,313
Outdoor	1,544	1,936	1,307	1,019	1,182
Operating lease right-of-use assets	1,255	1,372	1,247	1,474	1,274
Active	956	1,341	1,111	1,025	1,013
Property, plant and equipment, net	789	942	1,042	976	954
Cash and equivalents	656	815	1,276	816	1,369
Work	452	611		301	376
All Other revenues	9	15	32	14	31
Jeans			437
Short-term investments				599
Total	11,613	13,990	13,342	13,754	11,133

Price Behavior

Price Behavior

Market Price	$18.67
Market Cap ($ Bil)	7.3
First Trading Date	07/01/1985
Distance from 52W High	-29.4%
	50 Days	200 Days
DMA Price	$15.11	$14.33
DMA Trend	down	up
Distance from DMA	23.6%	30.3%
	3M	1YR
Volatility	56.1%	69.8%
Downside Capture	92.50	239.95
Upside Capture	176.86	201.61
Correlation (SPY)	36.2%	65.6%

VFC Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.95	1.80	1.72	2.16	2.32	1.81
Up Beta	0.08	2.14	2.69	2.75	2.47	2.05
Down Beta	-0.44	2.05	1.70	1.75	2.24	1.94
Up Capture	509%	239%	174%	281%	383%	254%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	12	24	32	64	125	369
Down Capture	169%	112%	123%	181%	151%	110%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	18	31	62	124	379

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of VFC With Other Asset Classes (Last 1Y)
	VFC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-6.3%	9.3%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	69.5%	24.8%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	0.20	0.31	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		67.6%	65.4%	-2.2%	24.3%	54.4%	26.2%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of VFC With Other Asset Classes (Last 5Y)
	VFC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-24.3%	9.5%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	52.5%	23.8%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	-0.33	0.36	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		47.4%	48.0%	5.5%	11.0%	44.8%	17.9%

Based On 10-Year Data

		Comparison of VFC With Other Asset Classes (Last 10Y)
	VFC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-8.8%	12.6%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	44.2%	22.0%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	-0.05	0.53	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		53.7%	53.2%	0.2%	17.5%	47.9%	12.9%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	27,351,076
Short Interest: % Change Since 10312025	5.3%
Average Daily Volume	5,553,963
Days-to-Cover Short Interest	4.92
Basic Shares Quantity	390,648,000
Short % of Basic Shares	7.0%

Returns Analyses

	Title
0	Is VF Stock Built to Withstand a Pullback?
1	VF During 2008 Recession vs. 2022 Inflation Shock: VFC Stock Has 334% Upside If It Recovers To Pre-Inflation Shock Levels
2	VF Corporation (VFC) Stock Has 57% Chance Of Rise In The Next One Month
3	VF Stock Return Comparison
4	[10/12/2021] V F (VFC) Stock Price Forecast: AI Forecasts VFC Stock Price To Be Around $72.70 In A Month (Up 0.6%)
5	VF Total Shareholder Return (TSR): -50.2% in 2023 and -20.6% 3-yr returns (below peer average)

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	10282025	10-Q 9/27/2025
6302025	7302025	10-Q 6/30/2025
3312025	5222025	10-K 3/31/2025
12312024	1292025	10-Q 12/31/2024
9302024	10302024	10-Q 9/30/2024
6302024	8072024	10-Q 6/30/2024
3312024	5232024	10-K 3/31/2024
12312023	2072024	10-Q 12/31/2023
9302023	11032023	10-Q 9/30/2023
6302023	8032023	10-Q 6/30/2023
3312023	5252023	10-K 3/31/2023
12312022	2082023	10-Q 12/31/2022
9302022	11022022	10-Q 10/1/2022
6302022	8052022	10-Q 7/2/2022
3312022	5262022	10-K 3/31/2022
12312021	1282022	10-Q 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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VF (VFC)

Market Price (12/4/2025): $18.675 | Market Cap: $7.3 BilSector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

VF (VFC)

Market Price (12/4/2025): $18.675Market Cap: $7.3 BilSector: Consumer DiscretionaryIndustry: Apparel, Accessories & Luxury Goods

Valuation, Metrics & Events

VFC Stock

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Market Price (12/4/2025): $18.675 | Market Cap: $7.3 Bil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

Market Price (12/4/2025): $18.675
Market Cap: $7.3 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods