Kontoor Brands, Inc. (KTB) 10-Year Financial Performance & Capital Metrics

KTB • • Industrial / General

Consumer CyclicalApparel ManufacturingDenim & Casual WearDenim Specialists

AboutKontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.Show more

Revenue $2.61B
EBITDA $385M +7.7%
Net Income $246M +6.4%
EPS (Diluted) 4.36 +7.4%
Gross Margin 44.55% +6.8%
EBITDA Margin 14.76% +7.7%
Operating Margin 13.13% +7.2%
Net Margin 9.43% +6.4%
ROE 63.68% -14.2%
ROIC 27.67% +17.9%
Debt/Equity 1.98 -12.6%
Interest Coverage 8.38 +6.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 87.0%
✓Strong 5Y profit CAGR of 20.5%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 3.3%
✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

✗Weak momentum: RS Rating 18 (bottom 18%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y0.46%

3Y1.74%

TTM9.91%

Profit (Net Income) CAGR

10Y-

5Y20.52%

3Y7.95%

TTM-13.14%

EPS CAGR

10Y-

5Y20.87%

3Y9.62%

TTM-12.61%

ROCE

10Y Avg22.24%

5Y Avg24.52%

3Y Avg28.7%

Latest27.28%

Peer Comparison

Denim Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LEVILevi Strauss & Co.	2.24B	21.75	41.83	2.85%	9.48%	27.87%	29.92%	1.12
KTBKontoor Brands, Inc.	3.31B	59.58	13.67	0%	7.68%	41.1%	10.45%	1.98

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.83B	2.76B	2.55B	2.1B	2.48B	2.63B	2.61B	2.61B
Revenue Growth %	-	-0.02%	-0.08%	-0.18%	0.18%	0.06%	-0.01%	0%
Cost of Goods Sold+	1.66B	1.65B	1.54B	1.23B	1.37B	1.5B	1.52B	1.45B
COGS % of Revenue	0.59%	0.6%	0.61%	0.59%	0.55%	0.57%	0.58%	0.55%
Gross Profit+	1.17B	1.11B	1B	863.69M	1.11B	1.13B	1.09B	1.16B
Gross Margin %	0.41%	0.4%	0.39%	0.41%	0.45%	0.43%	0.42%	0.45%
Gross Profit Growth %	-	-0.05%	-0.1%	-0.14%	0.28%	0.02%	-0.04%	0.07%
Operating Expenses+	814.54M	781.52M	803.45M	739.86M	824.75M	777.7M	768.57M	819.28M
OpEx % of Revenue	0.29%	0.28%	0.32%	0.35%	0.33%	0.3%	0.29%	0.31%
Selling, General & Admin	814.54M	781.52M	803.45M	739.86M	824.75M	777.7M	768.57M	819.28M
SG&A % of Revenue	0.29%	0.28%	0.32%	0.35%	0.33%	0.3%	0.29%	0.31%
Research & Development	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-
Other Operating Expenses	-3.36M	-5.27M	-5M	0	0	0	0	0
Operating Income+	357.42M	333.04M	168.29M	123.83M	282.98M	356.67M	319.27M	342.29M
Operating Margin %	0.13%	0.12%	0.07%	0.06%	0.11%	0.14%	0.12%	0.13%
Operating Income Growth %	-	-0.07%	-0.49%	-0.26%	1.29%	0.26%	-0.1%	0.07%
EBITDA+	391.05M	364.08M	199.05M	158.32M	319.58M	393.79M	357.31M	384.92M
EBITDA Margin %	0.14%	0.13%	0.08%	0.08%	0.13%	0.15%	0.14%	0.15%
EBITDA Growth %	-	-0.07%	-0.45%	-0.2%	1.02%	0.23%	-0.09%	0.08%
D&A (Non-Cash Add-back)	33.63M	31.04M	30.76M	34.49M	36.6M	37.13M	38.05M	42.63M
EBIT	360.42M	341.25M	170.98M	122.93M	283.5M	354.06M	312.31M	342.25M
Net Interest Income+	5.09M	12.3M	-28.09M	-48.38M	-37.42M	-33.57M	-36.62M	-29.68M
Interest Income	6.36M	13.48M	7.69M	1.61M	1.48M	1.35M	3.79M	11.15M
Interest Expense	1.26M	1.17M	35.79M	49.99M	38.9M	34.92M	40.41M	40.82M
Other Income/Expense	1.74M	7.04M	-33.1M	-50.9M	-38.38M	-37.53M	-47.37M	-40.87M
Pretax Income+	359.15M	340.08M	135.19M	72.94M	244.6M	319.14M	271.9M	301.42M
Pretax Margin %	0.13%	0.12%	0.05%	0.03%	0.1%	0.12%	0.1%	0.12%
Income Tax+	242.96M	77M	38.54M	5.01M	49.18M	73.64M	40.91M	55.62M
Effective Tax Rate %	0.32%	0.77%	0.71%	0.93%	0.8%	0.77%	0.85%	0.82%
Net Income+	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Net Margin %	0.04%	0.1%	0.04%	0.03%	0.08%	0.09%	0.09%	0.09%
Net Income Growth %	-	1.26%	-0.63%	-0.3%	1.88%	0.26%	-0.06%	0.06%
Net Income (Continuing)	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	2.05	4.64	1.69	1.17	3.31	4.31	4.06	4.36
EPS Growth %	-	1.26%	-0.64%	-0.31%	1.83%	0.3%	-0.06%	0.07%
EPS (Basic)	2.05	4.66	1.71	1.19	3.40	4.40	4.13	4.42
Diluted Shares Outstanding	56.64M	56.64M	57.21M	57.86M	59.09M	56.96M	56.93M	56.32M
Basic Shares Outstanding	56.64M	56.45M	56.69M	56.99M	57.39M	55.74M	55.96M	55.55M
Dividend Payout Ratio	-	-	0.66%	0.81%	0.49%	0.42%	0.47%	0.46%

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.57B	1.94B	877.6M	901.68M	910.66M	982.27M	1.04B	1.06B
Cash & Short-Term Investments	80.81M	96.78M	106.81M	248.14M	185.32M	59.18M	215.05M	334.07M
Cash Only	80.81M	96.78M	106.81M	248.14M	185.32M	59.18M	215.05M	334.07M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	1.02B	1.32B	228.46M	237.17M	289.8M	225.86M	217.67M	243.66M
Days Sales Outstanding	131.16	174.13	32.72	41.26	42.72	31.33	30.47	34.11
Inventory	440.3M	473.81M	458.1M	340.73M	362.96M	596.84M	500.35M	390.21M
Days Inventory Outstanding	96.92	104.85	108.26	100.77	96.83	145.51	120.18	98.5
Other Current Assets	34.9M	0	0	75.64M	0	100.4M	110.81M	96.35M
Total Non-Current Assets+	553.43M	517.27M	639.55M	644.14M	622.37M	599.99M	601.55M	586.26M
Property, Plant & Equipment	148.25M	138.45M	218.77M	179.34M	160.1M	155.49M	166.86M	150.47M
Fixed Asset Turnover	19.09x	19.96x	11.65x	11.70x	15.46x	16.92x	15.63x	17.33x
Goodwill	219.29M	214.52M	212.84M	213.39M	212.21M	209.63M	209.86M	208.79M
Intangible Assets	71.45M	65.05M	52.03M	88.47M	100.39M	99.03M	90.87M	78.87M
Long-Term Investments	46.55M	34.96M	53.39M	50.39M	50.98M	37.74M	39.97M	42.87M
Other Non-Current Assets	21.22M	21.41M	22.96M	27.32M	23.8M	30.81M	18.92M	29.19M
Total Assets+	2.13B	2.46B	1.52B	1.55B	1.53B	1.58B	1.65B	1.65B
Asset Turnover	1.33x	1.12x	1.68x	1.36x	1.62x	1.66x	1.58x	1.58x
Asset Growth %	-	0.16%	-0.38%	0.02%	-0.01%	0.03%	0.04%	0%
Total Current Liabilities+	637.85M	616.82M	378.55M	413.63M	455.81M	440.43M	392.64M	393.9M
Accounts Payable	174.35M	134.13M	147.35M	167.24M	214.2M	206.26M	180.22M	179.68M
Days Payables Outstanding	38.38	29.68	34.82	49.46	57.14	50.29	43.29	45.35
Short-Term Debt	274.01M	272.33M	1.07M	26.11M	249K	17.28M	20M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	71.53M	28.24M	104.96M	111.91M	129.27M	86.8M	89.95M	115.51M
Current Ratio	2.47x	3.15x	2.32x	2.18x	2.00x	2.23x	2.66x	2.70x
Quick Ratio	1.78x	2.38x	1.11x	1.36x	1.20x	0.88x	1.38x	1.71x
Cash Conversion Cycle	189.7	249.29	106.16	92.57	82.41	126.55	107.36	87.25
Total Non-Current Liabilities+	130.67M	118.19M	1.07B	1.05B	929.07M	891.08M	880.89M	856.58M
Long-Term Debt	0	0	913.27M	887.96M	791.32M	782.62M	763.92M	740.32M
Capital Lease Obligations	0	0	54.75M	39.81M	32.99M	31.51M	36.75M	29.95M
Deferred Tax Liabilities	2.98M	2.68M	2.46M	4.44M	5.57M	6.92M	5.61M	5.72M
Other Non-Current Liabilities	125.84M	114.07M	98.88M	115.34M	99.19M	70.03M	74.6M	80.59M
Total Liabilities	768.52M	735.01M	1.45B	1.46B	1.38B	1.33B	1.27B	1.25B
Total Debt+	274.01M	272.33M	1B	981.21M	848.75M	851.3M	841.68M	791.16M
Net Debt	193.19M	175.55M	897.67M	733.07M	663.43M	792.12M	626.63M	457.09M
Debt / Equity	0.20x	0.16x	14.50x	11.59x	5.73x	3.39x	2.26x	1.98x
Debt / EBITDA	0.70x	0.75x	5.05x	6.20x	2.66x	2.16x	2.36x	2.06x
Net Debt / EBITDA	0.49x	0.48x	4.51x	4.63x	2.08x	2.01x	1.75x	1.19x
Interest Coverage	282.99x	283.92x	4.70x	2.48x	7.27x	10.21x	7.90x	8.38x
Total Equity+	1.36B	1.72B	69.26M	84.64M	148.14M	250.76M	371.91M	400.06M
Equity Growth %	-	0.27%	-0.96%	0.22%	0.75%	0.69%	0.48%	0.08%
Book Value per Share	23.97	30.43	1.21	1.46	2.51	4.40	6.53	7.10
Total Shareholders' Equity	1.36B	1.72B	69.26M	84.64M	148.14M	250.76M	371.91M	400.06M
Common Stock	1.48B	1.87B	0	0	0	0	0	0
Retained Earnings	0	0	-1.72M	7.15M	22.64M	86.73M	166.57M	199.96M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	-122.48M	-145.18M	-79.7M	-94.81M	-92.76M	-79.67M	-67.85M	-116.65M
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	168.6M	-96.3M	777.79M	241.97M	283.86M	83.58M	356.55M	368.23M
Operating CF Margin %	0.06%	-0.03%	0.31%	0.12%	0.11%	0.03%	0.14%	0.14%
Operating CF Growth %	-	-1.57%	9.08%	-0.69%	0.17%	-0.71%	3.27%	0.03%
Net Income	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Depreciation & Amortization	33.63M	31.04M	30.76M	34.49M	36.6M	37.13M	38.05M	42.63M
Stock-Based Compensation	13.02M	14.89M	23.84M	15.95M	38.52M	21.89M	16.73M	26.59M
Deferred Taxes	36.49M	1.5M	-4.17M	2.71M	3.64M	127K	-3.75M	-6.71M
Other Non-Cash Items	5.48M	10.27M	98.47M	123.61M	9.42M	-636K	4.55M	415K
Working Capital Changes	-36.2M	-417.08M	532.24M	-2.71M	270K	-220.42M	69.98M	59.5M
Change in Receivables	-36.39M	-17.74M	24.97M	-17.65M	-60.96M	56.7M	14.9M	-35.41M
Change in Inventory	22.07M	-45.76M	9.68M	119.28M	-24.93M	-236.17M	101.28M	102.99M
Change in Payables	4.15M	-37.6M	31.92M	17.38M	47.66M	-4.12M	-19.92M	1.87M
Cash from Investing+	-57.62M	11.33M	483.95M	-49.07M	-39.37M	-30.12M	-39.14M	-22.26M
Capital Expenditures	-26.46M	-22.7M	-37.49M	-62.39M	-36.87M	-28.4M	-37.38M	0
CapEx % of Revenue	0.01%	0.01%	0.01%	0.03%	0.01%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-31.15M	34.03M	521.43M	-4.83M	-3.17M	-1.72M	-1.75M	-22.26M
Cash from Financing+	-119.82M	106.33M	-1.25B	-57.69M	-304.07M	-170.91M	-155.7M	-240.35M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-63.55M	-54.77M	-95.08M	-103.66M	-108.57M	-112.06M
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-119.56M	106.33M	-1.84B	-4.31M	-8.57M	6.95M	-7.3M	0
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	142.14M	-119M	740.3M	179.58M	246.99M	55.19M	319.17M	346.11M
FCF Margin %	0.05%	-0.04%	0.29%	0.09%	0.1%	0.02%	0.12%	0.13%
FCF Growth %	-	-1.84%	7.22%	-0.76%	0.38%	-0.78%	4.78%	0.08%
FCF per Share	2.51	-2.10	12.94	3.10	4.18	0.97	5.61	6.15
FCF Conversion (FCF/Net Income)	1.45x	-0.37x	8.05x	3.56x	1.45x	0.34x	1.54x	1.50x
Interest Paid	0	6.62M	29.41M	47.07M	27.07M	31.95M	36.41M	40.72M
Taxes Paid	0	180K	28.89M	15.63M	32.61M	67.8M	74.18M	53.37M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.56%	17.08%	10.78%	88.27%	167.9%	123.09%	74.19%	63.68%
Return on Invested Capital (ROIC)	17.28%	14.48%	8.81%	10.41%	26.05%	28.85%	23.46%	27.67%
Gross Margin	41.41%	40.32%	39.41%	41.17%	44.74%	43.11%	41.72%	44.55%
Net Margin	4.11%	9.52%	3.79%	3.24%	7.89%	9.33%	8.86%	9.43%
Debt / Equity	0.20x	0.16x	14.50x	11.59x	5.73x	3.39x	2.26x	1.98x
Interest Coverage	282.99x	283.92x	4.70x	2.48x	7.27x	10.21x	7.90x	8.38x
FCF Conversion	1.45x	-0.37x	8.05x	3.56x	1.45x	0.34x	1.54x	1.50x
Revenue Growth	-	-2.34%	-7.78%	-17.69%	18.02%	6.28%	-0.91%	0%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Royalty	-	-	-	-	37.1M	45.8M
Royalty Growth	-	-	-	-	-	23.45%
Wrangler	1.52B	1.35B	1.58B	1.75B	-	-
Wrangler Growth	-	-11.11%	16.73%	10.83%	-	-
Lee	882.28M	687.62M	887.05M	874.37M	-	-
Lee Growth	-	-22.06%	29.00%	-1.43%	-	-
Other	148.45M	60.8M	-	-	-	-
Other Growth	-	-59.04%	-	-	-	-

Revenue by Geography

	2019	2020	2021	2022	2023	2024
UNITED STATES	1.91B	1.64B	1.87B	2.07B	2.06B	2.09B
UNITED STATES Growth	-	-14.02%	13.81%	11.01%	-0.67%	1.28%
Non-US	638.89M	455.69M	607.01M	556.85M	546.79M	520.53M
Non-US Growth	-	-28.68%	33.21%	-8.26%	-1.81%	-4.80%

Frequently Asked Questions

Valuation & Price

Kontoor Brands, Inc. (KTB) has a price-to-earnings (P/E) ratio of 13.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Kontoor Brands, Inc. (KTB) reported $2.83B in revenue for fiscal year 2024. This represents a 0% increase from $2.83B in 2017.

Kontoor Brands, Inc. (KTB) grew revenue by 0.0% over the past year. Growth has been modest.

Yes, Kontoor Brands, Inc. (KTB) is profitable, generating $217.7M in net income for fiscal year 2024 (9.4% net margin).

Dividend & Returns

Yes, Kontoor Brands, Inc. (KTB) pays a dividend with a yield of 3.34%. This makes it attractive for income-focused investors.

Kontoor Brands, Inc. (KTB) has a return on equity (ROE) of 63.7%. This is excellent, indicating efficient use of shareholder capital.

Kontoor Brands, Inc. (KTB) generated $226.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Kontoor Brands, Inc. (KTB) 10-Year Financial Performance & Capital Metrics

KTB • • Industrial / General

Consumer CyclicalApparel ManufacturingDenim & Casual WearDenim Specialists

Revenue $2.61B
EBITDA $385M +7.7%
Net Income $246M +6.4%
EPS (Diluted) 4.36 +7.4%
Gross Margin 44.55% +6.8%
EBITDA Margin 14.76% +7.7%
Operating Margin 13.13% +7.2%
Net Margin 9.43% +6.4%
ROE 63.68% -14.2%
ROIC 27.67% +17.9%
Debt/Equity 1.98 -12.6%
Interest Coverage 8.38 +6.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 87.0%
✓Strong 5Y profit CAGR of 20.5%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 3.3%
✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

✗Weak momentum: RS Rating 18 (bottom 18%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y0.46%

3Y1.74%

TTM9.91%

Profit (Net Income) CAGR

10Y-

5Y20.52%

3Y7.95%

TTM-13.14%

EPS CAGR

10Y-

5Y20.87%

3Y9.62%

TTM-12.61%

ROCE

10Y Avg22.24%

5Y Avg24.52%

3Y Avg28.7%

Latest27.28%

Peer Comparison

Denim Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LEVILevi Strauss & Co.	2.24B	21.75	41.83	2.85%	9.48%	27.87%	29.92%	1.12
KTBKontoor Brands, Inc.	3.31B	59.58	13.67	0%	7.68%	41.1%	10.45%	1.98

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.83B	2.76B	2.55B	2.1B	2.48B	2.63B	2.61B	2.61B
Revenue Growth %	-	-0.02%	-0.08%	-0.18%	0.18%	0.06%	-0.01%	0%
Cost of Goods Sold+	1.66B	1.65B	1.54B	1.23B	1.37B	1.5B	1.52B	1.45B
COGS % of Revenue	0.59%	0.6%	0.61%	0.59%	0.55%	0.57%	0.58%	0.55%
Gross Profit+	1.17B	1.11B	1B	863.69M	1.11B	1.13B	1.09B	1.16B
Gross Margin %	0.41%	0.4%	0.39%	0.41%	0.45%	0.43%	0.42%	0.45%
Gross Profit Growth %	-	-0.05%	-0.1%	-0.14%	0.28%	0.02%	-0.04%	0.07%
Operating Expenses+	814.54M	781.52M	803.45M	739.86M	824.75M	777.7M	768.57M	819.28M
OpEx % of Revenue	0.29%	0.28%	0.32%	0.35%	0.33%	0.3%	0.29%	0.31%
Selling, General & Admin	814.54M	781.52M	803.45M	739.86M	824.75M	777.7M	768.57M	819.28M
SG&A % of Revenue	0.29%	0.28%	0.32%	0.35%	0.33%	0.3%	0.29%	0.31%
Research & Development	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-
Other Operating Expenses	-3.36M	-5.27M	-5M	0	0	0	0	0
Operating Income+	357.42M	333.04M	168.29M	123.83M	282.98M	356.67M	319.27M	342.29M
Operating Margin %	0.13%	0.12%	0.07%	0.06%	0.11%	0.14%	0.12%	0.13%
Operating Income Growth %	-	-0.07%	-0.49%	-0.26%	1.29%	0.26%	-0.1%	0.07%
EBITDA+	391.05M	364.08M	199.05M	158.32M	319.58M	393.79M	357.31M	384.92M
EBITDA Margin %	0.14%	0.13%	0.08%	0.08%	0.13%	0.15%	0.14%	0.15%
EBITDA Growth %	-	-0.07%	-0.45%	-0.2%	1.02%	0.23%	-0.09%	0.08%
D&A (Non-Cash Add-back)	33.63M	31.04M	30.76M	34.49M	36.6M	37.13M	38.05M	42.63M
EBIT	360.42M	341.25M	170.98M	122.93M	283.5M	354.06M	312.31M	342.25M
Net Interest Income+	5.09M	12.3M	-28.09M	-48.38M	-37.42M	-33.57M	-36.62M	-29.68M
Interest Income	6.36M	13.48M	7.69M	1.61M	1.48M	1.35M	3.79M	11.15M
Interest Expense	1.26M	1.17M	35.79M	49.99M	38.9M	34.92M	40.41M	40.82M
Other Income/Expense	1.74M	7.04M	-33.1M	-50.9M	-38.38M	-37.53M	-47.37M	-40.87M
Pretax Income+	359.15M	340.08M	135.19M	72.94M	244.6M	319.14M	271.9M	301.42M
Pretax Margin %	0.13%	0.12%	0.05%	0.03%	0.1%	0.12%	0.1%	0.12%
Income Tax+	242.96M	77M	38.54M	5.01M	49.18M	73.64M	40.91M	55.62M
Effective Tax Rate %	0.32%	0.77%	0.71%	0.93%	0.8%	0.77%	0.85%	0.82%
Net Income+	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Net Margin %	0.04%	0.1%	0.04%	0.03%	0.08%	0.09%	0.09%	0.09%
Net Income Growth %	-	1.26%	-0.63%	-0.3%	1.88%	0.26%	-0.06%	0.06%
Net Income (Continuing)	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	2.05	4.64	1.69	1.17	3.31	4.31	4.06	4.36
EPS Growth %	-	1.26%	-0.64%	-0.31%	1.83%	0.3%	-0.06%	0.07%
EPS (Basic)	2.05	4.66	1.71	1.19	3.40	4.40	4.13	4.42
Diluted Shares Outstanding	56.64M	56.64M	57.21M	57.86M	59.09M	56.96M	56.93M	56.32M
Basic Shares Outstanding	56.64M	56.45M	56.69M	56.99M	57.39M	55.74M	55.96M	55.55M
Dividend Payout Ratio	-	-	0.66%	0.81%	0.49%	0.42%	0.47%	0.46%

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.57B	1.94B	877.6M	901.68M	910.66M	982.27M	1.04B	1.06B
Cash & Short-Term Investments	80.81M	96.78M	106.81M	248.14M	185.32M	59.18M	215.05M	334.07M
Cash Only	80.81M	96.78M	106.81M	248.14M	185.32M	59.18M	215.05M	334.07M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	1.02B	1.32B	228.46M	237.17M	289.8M	225.86M	217.67M	243.66M
Days Sales Outstanding	131.16	174.13	32.72	41.26	42.72	31.33	30.47	34.11
Inventory	440.3M	473.81M	458.1M	340.73M	362.96M	596.84M	500.35M	390.21M
Days Inventory Outstanding	96.92	104.85	108.26	100.77	96.83	145.51	120.18	98.5
Other Current Assets	34.9M	0	0	75.64M	0	100.4M	110.81M	96.35M
Total Non-Current Assets+	553.43M	517.27M	639.55M	644.14M	622.37M	599.99M	601.55M	586.26M
Property, Plant & Equipment	148.25M	138.45M	218.77M	179.34M	160.1M	155.49M	166.86M	150.47M
Fixed Asset Turnover	19.09x	19.96x	11.65x	11.70x	15.46x	16.92x	15.63x	17.33x
Goodwill	219.29M	214.52M	212.84M	213.39M	212.21M	209.63M	209.86M	208.79M
Intangible Assets	71.45M	65.05M	52.03M	88.47M	100.39M	99.03M	90.87M	78.87M
Long-Term Investments	46.55M	34.96M	53.39M	50.39M	50.98M	37.74M	39.97M	42.87M
Other Non-Current Assets	21.22M	21.41M	22.96M	27.32M	23.8M	30.81M	18.92M	29.19M
Total Assets+	2.13B	2.46B	1.52B	1.55B	1.53B	1.58B	1.65B	1.65B
Asset Turnover	1.33x	1.12x	1.68x	1.36x	1.62x	1.66x	1.58x	1.58x
Asset Growth %	-	0.16%	-0.38%	0.02%	-0.01%	0.03%	0.04%	0%
Total Current Liabilities+	637.85M	616.82M	378.55M	413.63M	455.81M	440.43M	392.64M	393.9M
Accounts Payable	174.35M	134.13M	147.35M	167.24M	214.2M	206.26M	180.22M	179.68M
Days Payables Outstanding	38.38	29.68	34.82	49.46	57.14	50.29	43.29	45.35
Short-Term Debt	274.01M	272.33M	1.07M	26.11M	249K	17.28M	20M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	71.53M	28.24M	104.96M	111.91M	129.27M	86.8M	89.95M	115.51M
Current Ratio	2.47x	3.15x	2.32x	2.18x	2.00x	2.23x	2.66x	2.70x
Quick Ratio	1.78x	2.38x	1.11x	1.36x	1.20x	0.88x	1.38x	1.71x
Cash Conversion Cycle	189.7	249.29	106.16	92.57	82.41	126.55	107.36	87.25
Total Non-Current Liabilities+	130.67M	118.19M	1.07B	1.05B	929.07M	891.08M	880.89M	856.58M
Long-Term Debt	0	0	913.27M	887.96M	791.32M	782.62M	763.92M	740.32M
Capital Lease Obligations	0	0	54.75M	39.81M	32.99M	31.51M	36.75M	29.95M
Deferred Tax Liabilities	2.98M	2.68M	2.46M	4.44M	5.57M	6.92M	5.61M	5.72M
Other Non-Current Liabilities	125.84M	114.07M	98.88M	115.34M	99.19M	70.03M	74.6M	80.59M
Total Liabilities	768.52M	735.01M	1.45B	1.46B	1.38B	1.33B	1.27B	1.25B
Total Debt+	274.01M	272.33M	1B	981.21M	848.75M	851.3M	841.68M	791.16M
Net Debt	193.19M	175.55M	897.67M	733.07M	663.43M	792.12M	626.63M	457.09M
Debt / Equity	0.20x	0.16x	14.50x	11.59x	5.73x	3.39x	2.26x	1.98x
Debt / EBITDA	0.70x	0.75x	5.05x	6.20x	2.66x	2.16x	2.36x	2.06x
Net Debt / EBITDA	0.49x	0.48x	4.51x	4.63x	2.08x	2.01x	1.75x	1.19x
Interest Coverage	282.99x	283.92x	4.70x	2.48x	7.27x	10.21x	7.90x	8.38x
Total Equity+	1.36B	1.72B	69.26M	84.64M	148.14M	250.76M	371.91M	400.06M
Equity Growth %	-	0.27%	-0.96%	0.22%	0.75%	0.69%	0.48%	0.08%
Book Value per Share	23.97	30.43	1.21	1.46	2.51	4.40	6.53	7.10
Total Shareholders' Equity	1.36B	1.72B	69.26M	84.64M	148.14M	250.76M	371.91M	400.06M
Common Stock	1.48B	1.87B	0	0	0	0	0	0
Retained Earnings	0	0	-1.72M	7.15M	22.64M	86.73M	166.57M	199.96M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	-122.48M	-145.18M	-79.7M	-94.81M	-92.76M	-79.67M	-67.85M	-116.65M
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	168.6M	-96.3M	777.79M	241.97M	283.86M	83.58M	356.55M	368.23M
Operating CF Margin %	0.06%	-0.03%	0.31%	0.12%	0.11%	0.03%	0.14%	0.14%
Operating CF Growth %	-	-1.57%	9.08%	-0.69%	0.17%	-0.71%	3.27%	0.03%
Net Income	116.19M	263.07M	96.65M	67.92M	195.42M	245.49M	230.99M	245.8M
Depreciation & Amortization	33.63M	31.04M	30.76M	34.49M	36.6M	37.13M	38.05M	42.63M
Stock-Based Compensation	13.02M	14.89M	23.84M	15.95M	38.52M	21.89M	16.73M	26.59M
Deferred Taxes	36.49M	1.5M	-4.17M	2.71M	3.64M	127K	-3.75M	-6.71M
Other Non-Cash Items	5.48M	10.27M	98.47M	123.61M	9.42M	-636K	4.55M	415K
Working Capital Changes	-36.2M	-417.08M	532.24M	-2.71M	270K	-220.42M	69.98M	59.5M
Change in Receivables	-36.39M	-17.74M	24.97M	-17.65M	-60.96M	56.7M	14.9M	-35.41M
Change in Inventory	22.07M	-45.76M	9.68M	119.28M	-24.93M	-236.17M	101.28M	102.99M
Change in Payables	4.15M	-37.6M	31.92M	17.38M	47.66M	-4.12M	-19.92M	1.87M
Cash from Investing+	-57.62M	11.33M	483.95M	-49.07M	-39.37M	-30.12M	-39.14M	-22.26M
Capital Expenditures	-26.46M	-22.7M	-37.49M	-62.39M	-36.87M	-28.4M	-37.38M	0
CapEx % of Revenue	0.01%	0.01%	0.01%	0.03%	0.01%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	-31.15M	34.03M	521.43M	-4.83M	-3.17M	-1.72M	-1.75M	-22.26M
Cash from Financing+	-119.82M	106.33M	-1.25B	-57.69M	-304.07M	-170.91M	-155.7M	-240.35M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-63.55M	-54.77M	-95.08M	-103.66M	-108.57M	-112.06M
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-119.56M	106.33M	-1.84B	-4.31M	-8.57M	6.95M	-7.3M	0
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	142.14M	-119M	740.3M	179.58M	246.99M	55.19M	319.17M	346.11M
FCF Margin %	0.05%	-0.04%	0.29%	0.09%	0.1%	0.02%	0.12%	0.13%
FCF Growth %	-	-1.84%	7.22%	-0.76%	0.38%	-0.78%	4.78%	0.08%
FCF per Share	2.51	-2.10	12.94	3.10	4.18	0.97	5.61	6.15
FCF Conversion (FCF/Net Income)	1.45x	-0.37x	8.05x	3.56x	1.45x	0.34x	1.54x	1.50x
Interest Paid	0	6.62M	29.41M	47.07M	27.07M	31.95M	36.41M	40.72M
Taxes Paid	0	180K	28.89M	15.63M	32.61M	67.8M	74.18M	53.37M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.56%	17.08%	10.78%	88.27%	167.9%	123.09%	74.19%	63.68%
Return on Invested Capital (ROIC)	17.28%	14.48%	8.81%	10.41%	26.05%	28.85%	23.46%	27.67%
Gross Margin	41.41%	40.32%	39.41%	41.17%	44.74%	43.11%	41.72%	44.55%
Net Margin	4.11%	9.52%	3.79%	3.24%	7.89%	9.33%	8.86%	9.43%
Debt / Equity	0.20x	0.16x	14.50x	11.59x	5.73x	3.39x	2.26x	1.98x
Interest Coverage	282.99x	283.92x	4.70x	2.48x	7.27x	10.21x	7.90x	8.38x
FCF Conversion	1.45x	-0.37x	8.05x	3.56x	1.45x	0.34x	1.54x	1.50x
Revenue Growth	-	-2.34%	-7.78%	-17.69%	18.02%	6.28%	-0.91%	0%

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Royalty	-	-	-	-	37.1M	45.8M
Royalty Growth	-	-	-	-	-	23.45%
Wrangler	1.52B	1.35B	1.58B	1.75B	-	-
Wrangler Growth	-	-11.11%	16.73%	10.83%	-	-
Lee	882.28M	687.62M	887.05M	874.37M	-	-
Lee Growth	-	-22.06%	29.00%	-1.43%	-	-
Other	148.45M	60.8M	-	-	-	-
Other Growth	-	-59.04%	-	-	-	-

Revenue by Geography

	2019	2020	2021	2022	2023	2024
UNITED STATES	1.91B	1.64B	1.87B	2.07B	2.06B	2.09B
UNITED STATES Growth	-	-14.02%	13.81%	11.01%	-0.67%	1.28%
Non-US	638.89M	455.69M	607.01M	556.85M	546.79M	520.53M
Non-US Growth	-	-28.68%	33.21%	-8.26%	-1.81%	-4.80%

Frequently Asked Questions

Valuation & Price

Kontoor Brands, Inc. (KTB) has a price-to-earnings (P/E) ratio of 13.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Kontoor Brands, Inc. (KTB) reported $2.83B in revenue for fiscal year 2024. This represents a 0% increase from $2.83B in 2017.

Kontoor Brands, Inc. (KTB) grew revenue by 0.0% over the past year. Growth has been modest.

Yes, Kontoor Brands, Inc. (KTB) is profitable, generating $217.7M in net income for fiscal year 2024 (9.4% net margin).

Dividend & Returns

Yes, Kontoor Brands, Inc. (KTB) pays a dividend with a yield of 3.34%. This makes it attractive for income-focused investors.

Kontoor Brands, Inc. (KTB) has a return on equity (ROE) of 63.7%. This is excellent, indicating efficient use of shareholder capital.

Kontoor Brands, Inc. (KTB) generated $226.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.