PVH Corp. (PVH) quarterly cash flow statement — complete operating, investing & financing history
PVH Corp. (PVH) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 382.9M | -46.5M | 583.2M | -44.5M | 213.1M | -71.4M | 486.5M | 28.7M | 292.4M | -66.7M | 657.7M | 115.5M | 271.6M | -75.4M | 314.9M | -112.6M | 140.3M | -303.4M | 488M | 251M |
| Operating CF Margin % | 18.26% | -2.3% | 23.28% | -1.94% | 9.83% | -3.6% | 20.51% | 1.27% | 14.1% | -3.42% | 26.41% | 4.89% | 12.31% | -3.49% | 12.65% | -4.94% | 6.58% | -14.29% | 20.08% | 10.76% |
| Operating CF Growth % | 79.68% | 34.87% | 19.88% | -255.05% | -27.12% | -7.05% | -26.03% | -75.15% | 7.66% | 11.54% | 108.86% | 202.58% | 93.59% | 75.15% | -35.47% | -144.86% | -73.09% | -60.44% | 80.27% | 40.22% |
| Net Income | -102.9M | 88M | -158.3M | 4.2M | 224.2M | -44.8M | 157.2M | 131.9M | 158M | 151.4M | 271.8M | 161.6M | 94.2M | 136M | 138.7M | -186.7M | 115.3M | 133.1M | 390.8M | 279.7M |
| Depreciation & Amortization | 57.3M | 62.6M | 66.5M | 69.4M | 68.7M | 67.7M | 70.6M | 69.7M | 69.8M | 72.1M | 75.6M | 75.2M | 75.5M | 72.3M | 76.2M | 73.1M | 75.4M | 76.8M | 80.1M | 77.3M |
| Stock-Based Compensation | 13.1M | 12M | 7.1M | 11M | 13.9M | 12.1M | 14.9M | 12.2M | 16.4M | 10.5M | 12.4M | 12.1M | 14.3M | 13.1M | 11.3M | 12.5M | 12.7M | 10.1M | 11M | 11.3M |
| Deferred Taxes | -154.4M | -10.3M | 325.3M | 108.5M | -135.7M | -342.3M | -13.7M | -4.6M | -1.8M | -5.5M | 14.4M | -6.7M | -19.1M | -3M | 92.1M | -68.8M | -12.6M | -900K | -151.9M | 31.1M |
| Other Non-Cash Items | 403.1M | -13.3M | -10.9M | -10M | -12.2M | 469M | 24.9M | -20.1M | -10.9M | -10M | -66M | -13.7M | -9.2M | -11.9M | -78.1M | 406.6M | 286.5M | -7.4M | -46.4M | -125.2M |
| Working Capital Changes | 166.7M | -185.5M | 353.5M | -227.6M | 54.2M | -233.1M | 232.6M | -160.4M | 60.9M | -272M | 349.5M | -113M | 115.9M | -281.9M | 74.7M | -349.3M | -69.4M | -515.1M | 204.4M | -23.2M |
| Change in Receivables | -34.5M | 92.6M | 116.1M | -204.2M | -37.5M | 35.4M | 95M | -99.9M | -71.9M | -19.5M | 271.2M | -185M | 22.8M | 13.4M | 111.9M | -189.2M | 10.2M | -109.4M | 137.9M | -85.1M |
| Change in Inventory | -244.2M | 69.2M | 109.2M | 117.6M | -174M | -24.3M | 54.4M | -32.9M | -225.2M | 69.9M | 76.5M | 229.9M | -75M | 76.2M | 124.1M | -175.1M | -337.8M | -78.1M | -21.9M | 44M |
| Change in Payables | 413.2M | -333.8M | 83.6M | -181.6M | 229M | -217.1M | 96.2M | -38.4M | 365.7M | -328.2M | 39.4M | -205.2M | 162M | -315M | -118.6M | 47.2M | 280.2M | -271.4M | 208.3M | 48.7M |
| Cash from Investing | 5.7M | -42.3M | -39.8M | -41.3M | -31M | -28M | -37.1M | -28.6M | -30.8M | -41.2M | 80.2M | -47.9M | -57.8M | -59.6M | -96.3M | -87.2M | -37.6M | -57.1M | -97.2M | 162.4M |
| Capital Expenditures | -36.5M | -39.5M | -43.5M | -40.6M | -31.2M | -26.7M | -43.3M | -40M | -36.6M | -38.8M | -81.4M | -47.4M | -58M | -57.9M | -95.3M | -86.1M | -56.3M | -52.4M | -97.2M | -60.5M |
| CapEx % of Revenue | 1.74% | 1.95% | 1.74% | 1.77% | 1.44% | 1.35% | 1.83% | 1.77% | 1.76% | 1.99% | 3.27% | 2.01% | 2.63% | 2.68% | 3.83% | 3.77% | 2.64% | 2.47% | 4% | 2.59% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 2.5M | 12M | 2.5M | 0 | 0 | 161.4M | 2M | -200K | -200K | 0 | 0 | 0 | -400K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 41.8M | 0 | 0 | 0 | 0 | 0 | -15M | 9.5M | 6M | -2.4M | 200K | -2M | 200K | 200K | 0 | 0 | 18.7M | 400K | 0 | 222.9M |
| Cash from Financing | -12.9M | -20.6M | -6.5M | -5.7M | -130.6M | -462.9M | -250.4M | -49.2M | -28.9M | -221.9M | -391M | -74.6M | -217.3M | -38.9M | -143.2M | -29.6M | -143.4M | -112M | -423.5M | -261.4M |
| Debt Issued (Net) | -9.2M | -3.9M | -4.2M | -3.7M | -125.1M | 111.1M | -3.6M | -12.3M | 4.3M | -12.7M | -104.2M | -3.8M | -5.3M | -32M | -64.7M | 77.8M | -7.7M | -1.5M | -226M | -137.9M |
| Equity Issued (Net) | -2M | -14.9M | -500K | -200K | -3.5M | -572.2M | -244.6M | -34.8M | -31.4M | -214M | -283.6M | -72.6M | -209.6M | -4.6M | -76.1M | -104.9M | -129.7M | -108M | -200.5M | -148.6M |
| Dividends Paid | -1.7M | -1.8M | -1.8M | -1.8M | -2M | -1.9M | -2.2M | -2.1M | -2.1M | -2.2M | -2.3M | -2.3M | -2.4M | -2.4M | -2.4M | -2.5M | -2.6M | -2.6M | -2.7M | 0 |
| Share Repurchases | -2M | -14.9M | -500K | -200K | -4.8M | -572.2M | -244.6M | -34.8M | -31.4M | -214M | -283.6M | -72.5M | -209.6M | -4.6M | -76.1M | -104.8M | -129.7M | -108M | -200.5M | -148.6M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 0 | 300K | 7M | -900K | 4.1M | 0 | 100K | 0 | 0 | -3.4M | 100K | 5.7M | 25.1M |
| Net Change in Cash | 373.4M | -109M | 543.3M | -90.6M | 57.8M | -557M | 188.4M | -50.4M | 233.8M | -331.4M | 350M | -15.2M | -1M | -176.9M | 93.7M | -242.3M | -49.4M | -493.8M | -56.2M | 146.1M |
| Free Cash Flow | 346.4M | -86M | 539.7M | -85.1M | 181.9M | -98.1M | 443.2M | -11.3M | 255.8M | -105.5M | 576.3M | 68.1M | 213.6M | -133.3M | 219.6M | -198.7M | 84M | -355.8M | 390.8M | 190.5M |
| FCF Margin % | 16.52% | -4.25% | 21.54% | -3.71% | 8.39% | -4.95% | 18.69% | -0.5% | 12.33% | -5.41% | 23.15% | 2.88% | 9.68% | -6.18% | 8.82% | -8.71% | 3.94% | -16.76% | 16.08% | 8.17% |
| FCF Growth % | 90.43% | 12.33% | 21.77% | -653.1% | -28.89% | 7.01% | -23.1% | -116.59% | 19.76% | 20.86% | 162.43% | 134.27% | 154.29% | 62.54% | -43.81% | -204.3% | -81.75% | -49.37% | 92.7% | 48.94% |
| FCF per Share | 7.51 | -1.85 | 11.27 | -1.78 | 3.75 | -1.92 | 7.99 | -0.20 | 4.53 | -1.81 | 9.65 | 1.12 | 3.41 | -2.10 | 3.45 | -3.07 | 1.25 | -5.18 | 5.54 | 2.65 |
| FCF Conversion (FCF/Net Income) | -3.72x | -0.53x | -3.68x | -10.60x | 0.95x | 1.59x | 3.09x | 0.22x | 1.85x | -0.44x | 2.42x | 0.71x | 2.88x | -0.55x | 2.27x | 0.60x | 1.22x | -2.28x | 1.25x | 0.90x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |