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PVH (PVH) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Consumer Cyclical•Apparel Manufacturing
C
AverageMetricSide Score: 51/100
ProfitabilityProfit13/30
GrowthGrowth12/25
Balance SheetBalance21/25
Cash QualityCash5/20
Price & Volume
Market Cap $3.54B

PVH Corp., together with its subsidiaries, operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products. The company offers its products under its own brands, such as TOMMY HILFIGER, TOMMY JEANS, Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear, Calvin Klein collection, and Calvin Klein sport, as well as various other owned, licensed, and private label brands. It distributes its products at wholesale in department, chain, and specialty stores; through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations; and through digital commerce sites. PVH Corp. was formerly known as Phillips-Van Heusen Corporation and changed its name to PVH Corp. in June 2011. The company was founded in 1881 and is based in New York, New York.

Moat Signals

Competitive analysis based on 62 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging 4.8%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Moderate Moat

ROE is positive at ~8.6% on average, adequate but below the threshold typically associated with wide moats.

Risk Signals

Data-driven red flags and warnings across 62 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Leverage Risk

Watch

Debt-to-equity has risen 24.5% recently — increasing financial risk even if the current ratio is manageable.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Share Dilution

Healthy

Shares decreased 17.9% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of May 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$8.99B
3.5%
Q. Revenue
$2.03B
TTM EBITDA
$954.30M
86.1%
TTM Op. Income
$687.10M
192.4%
Q. Op. Income
$124.30M
TTM Net Income
$158.10M
60.7%
Q. Net Income
$88.00M
EPS
$1.92
Shares Out.
$45.90M
10.2%
$8.99B in TTM revenue grew 3.5% YoY, reaching $2.03B last quarter. TTM EBITDA of $954.30M and TTM operating income of $687.10M shows growth is flowing through. Net income of $158.10M TTM confirms the company is converting revenue into profit. Revenue is growing modestly — monitor for acceleration or deceleration.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
58.6%
EBITDA Margin
9.2%
Op. Margin
6.1%
136.7%
Net Margin
4.3%
292.4%
Op. margin of 6.1% is up 22.9% YoY — cost efficiency is improving. Net margin at 4.3% and gross margin of 58.6% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
22.4x
P/S Ratio
0.4x
P/B Ratio
0.7x
At 22.4x P/E, the stock trades in line with market averages — fairly valued. P/S of 0.4x and P/B of 0.7x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$11.34B
Cash
$592.50M
Long-Term Debt
$2.27B
Book Value
$4.89B
D/E Ratio
0.5
Debt/EBITDA
12.1
With $11.34B in assets and $2.27B in long-term debt, the D/E of 0.5and book value of $4.89B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-46.50M
TTM Free Cash Flow
$550.50M
6.6%
FCF Margin
6.1%
FCF / Net Income
3.5
TTM FCF of $550.50M on $-46.50M in operating cash flow. The FCF / Net Income ratio of 3.5x means earnings are well backed by actual cash — high-quality earnings.

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Cash Generation

Weak Moat

Only 4 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.

Demand Durability

Moderate Moat

Revenue shows resilience with 5 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.