30 years of historical data (1996–2025) · Consumer Cyclical · Apparel - Manufacturers
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
PVH Corp. trades at 145.4x earnings, 317% above its 5-year average of 34.8x, sitting at the 100th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 587%. On a free-cash-flow basis, the stock trades at 6.6x P/FCF, 20% below the 5-year average of 8.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.6B | $3.0B | $5.1B | $7.4B | $6.0B | $6.8B | $6.1B | $6.5B | $8.4B | $12.5B | $7.6B |
| Enterprise Value | $7.2B | $6.6B | $7.7B | $10.2B | $9.2B | $9.5B | $9.8B | $10.7B | $10.8B | $15.1B | $10.1B |
| P/E Ratio → | 145.42 | 117.66 | 8.48 | 11.18 | 29.67 | 7.18 | — | 15.59 | 11.30 | 23.11 | 13.82 |
| P/S Ratio | 0.40 | 0.33 | 0.59 | 0.80 | 0.66 | 0.75 | 0.85 | 0.66 | 0.87 | 1.41 | 0.93 |
| P/B Ratio | 0.77 | 0.62 | 0.99 | 1.45 | 1.19 | 1.29 | 1.28 | 1.12 | 1.45 | 2.27 | 1.58 |
| P/FCF | 6.60 | 5.55 | 8.73 | 10.24 | — | 8.50 | 12.89 | 9.63 | 17.83 | 36.72 | 10.72 |
| P/OCF | 5.22 | 4.39 | 6.86 | 7.65 | 151.82 | 6.38 | 8.70 | 6.37 | 9.89 | 17.93 | 7.95 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
PVH Corp.'s enterprise value stands at 29.1x EBITDA, 150% above its 5-year average of 11.6x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 139% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.74 | 0.89 | 1.11 | 1.02 | 1.04 | 1.38 | 1.08 | 1.12 | 1.70 | 1.23 |
| EV / EBITDA | 29.13 | 26.82 | 7.98 | 8.22 | 7.68 | 7.44 | 35.54 | 12.10 | 8.40 | 15.26 | 9.54 |
| EV / EBIT | 10.89 | 26.82 | 9.62 | 10.86 | 19.32 | 8.85 | — | 19.13 | 11.35 | 22.69 | 13.71 |
| EV / FCF | — | 12.23 | 13.27 | 14.14 | — | 11.88 | 20.86 | 15.78 | 22.86 | 44.29 | 14.23 |
Margins and return-on-capital ratios measuring operating efficiency
PVH Corp. earns an operating margin of 7.3%, above the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 10.3% to 7.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 0.5% is modest, trailing the sector median of 5.3%. ROIC of 6.1% represents adequate returns on invested capital versus a sector median of 5.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.5% | 57.5% | 59.1% | 58.0% | 56.4% | 58.1% | 52.7% | 54.1% | 55.1% | 55.1% | 53.1% |
| Operating Margin | 7.3% | 7.3% | 7.9% | 10.3% | 10.0% | 10.6% | -0.7% | 5.6% | 9.9% | 7.5% | 9.0% |
| Net Profit Margin | 0.3% | 0.3% | 6.9% | 7.2% | 2.2% | 10.4% | -15.9% | 4.2% | 7.7% | 6.0% | 6.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.5% | 0.5% | 11.7% | 13.1% | 3.9% | 19.0% | -21.6% | 7.2% | 13.1% | 10.4% | 11.7% |
| ROA | 0.2% | 0.2% | 5.4% | 5.8% | 1.7% | 7.4% | -8.4% | 3.3% | 6.3% | 4.7% | 5.0% |
| ROIC | 6.1% | 6.1% | 6.5% | 8.8% | 8.3% | 8.8% | -0.4% | 4.6% | 8.7% | 6.5% | 7.6% |
| ROCE | 7.5% | 7.5% | 8.2% | 10.9% | 9.7% | 9.5% | -0.4% | 5.2% | 9.5% | 6.8% | 7.9% |
Solvency and debt-coverage ratios — lower is generally safer
PVH Corp. carries a Debt/EBITDA ratio of 17.5x, which is highly leveraged (267% above the sector average of 4.8x). Net debt stands at $3.6B ($4.3B total debt minus $702M cash). Interest coverage of just 2.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.90 | 0.90 | 0.66 | 0.69 | 0.76 | 0.75 | 1.14 | 0.80 | 0.49 | 0.56 | 0.67 |
| Debt / EBITDA | 17.51 | 17.51 | 3.50 | 2.84 | 3.19 | 3.08 | 19.55 | 5.28 | 2.20 | 3.11 | 3.04 |
| Net Debt / Equity | — | 0.75 | 0.51 | 0.55 | 0.65 | 0.51 | 0.79 | 0.71 | 0.41 | 0.47 | 0.52 |
| Net Debt / EBITDA | 14.65 | 14.65 | 2.73 | 2.27 | 2.73 | 2.11 | 13.58 | 4.71 | 1.85 | 2.61 | 2.35 |
| Debt / FCF | — | 6.68 | 4.54 | 3.90 | — | 3.37 | 7.97 | 6.15 | 5.03 | 7.57 | 3.51 |
| Interest Coverage | 2.61 | 2.61 | 8.29 | 9.20 | 5.33 | 10.21 | -0.43 | 4.69 | 7.81 | 5.45 | 6.75 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.52x means PVH Corp. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.85x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.18x to 1.52x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.52 | 1.52 | 1.27 | 1.18 | 1.29 | 1.31 | 1.53 | 1.44 | 1.71 | 1.62 | 1.84 |
| Quick Ratio | 0.85 | 0.85 | 0.72 | 0.66 | 0.64 | 0.83 | 0.98 | 0.75 | 0.80 | 0.77 | 1.00 |
| Cash Ratio | 0.30 | 0.30 | 0.27 | 0.26 | 0.20 | 0.45 | 0.64 | 0.21 | 0.24 | 0.26 | 0.47 |
| Asset Turnover | — | 0.77 | 0.78 | 0.83 | 0.77 | 0.74 | 0.54 | 0.73 | 0.81 | 0.75 | 0.74 |
| Inventory Turnover | 2.40 | 2.40 | 2.35 | 2.73 | 2.18 | 2.84 | 2.38 | 2.81 | 2.50 | 2.52 | 2.92 |
| Days Sales Outstanding | — | 41.51 | 36.96 | 31.96 | 38.23 | 30.51 | 34.11 | 28.18 | 30.38 | 28.51 | 28.54 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
PVH Corp. returns 16.5% to shareholders annually — split between a 0.2% dividend yield and 16.3% buyback yield. The payout ratio of 29.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 0.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.2% | 0.3% | 0.2% | 0.1% | 0.2% | 0.0% | 0.0% | 0.2% | 0.1% | 0.1% | 0.2% |
| Payout Ratio | 29.6% | 29.6% | 1.4% | 1.4% | 5.0% | 0.3% | — | 2.7% | 1.6% | 2.2% | 2.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.7% | 0.8% | 11.8% | 8.9% | 3.4% | 13.9% | — | 6.4% | 8.9% | 4.3% | 7.2% |
| FCF Yield | 15.2% | 18.0% | 11.5% | 9.8% | — | 11.8% | 7.8% | 10.4% | 5.6% | 2.7% | 9.3% |
| Buyback Yield | 16.3% | 19.3% | 10.3% | 7.7% | 7.0% | 5.3% | 1.9% | 5.3% | 3.9% | 2.1% | 4.2% |
| Total Shareholder Yield | 16.5% | 19.6% | 10.5% | 7.8% | 7.2% | 5.3% | 2.0% | 5.5% | 4.0% | 2.2% | 4.4% |
| Shares Outstanding | — | $48M | $57M | $62M | $66M | $72M | $71M | $75M | $77M | $81M | $81M |
Compare PVH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $4B | 145.4 | 29.1 | 6.6 | 57.5% | 7.3% | 0.5% | 6.1% | 17.5 | |
| $25B | 27.3 | 22.2 | 33.8 | 69.9% | 14.5% | 34.7% | 24.7% | 2.5 | |
| $2B | 26.4 | 17.9 | 167.2 | 58.9% | 2.4% | 40.4% | 2.6% | 7.0 | |
| $7B | 27.1 | 12.3 | 13.4 | 54.8% | 6.3% | 15.3% | 7.3% | 5.6 | |
| $2B | -7.1 | 16.6 | 10.1 | 38.8% | 5.3% | -141.4% | 4.5% | 9.2 | |
| $9B | 16.3 | 12.2 | 28.5 | 61.7% | 10.8% | 27.2% | 13.9% | 2.6 | |
| $543M | -19.6 | 13.8 | 48.1 | 56.3% | 0.9% | -4.9% | 1.0% | 7.1 | |
| $1B | 23.0 | 7.2 | 5.6 | 38.4% | 5.3% | 3.9% | 6.9% | 1.5 | |
| $877M | 21.8 | 8.7 | 24.6 | 43.4% | 5.8% | 9.4% | 7.8% | 5.9 | |
| $2B | 16.4 | 11.5 | 22.8 | 45.4% | 5.0% | 10.3% | 6.7% | 6.1 | |
| $29B | 175.0 | 49.7 | 26.5 | 75.4% | 5.9% | 9.8% | 6.8% | 6.1 | |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying PVH stock.
PVH Corp.'s current P/E ratio is 145.4x. The historical average is 24.0x. This places it at the 100th percentile of its historical range.
PVH Corp.'s current EV/EBITDA is 29.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.2x.
PVH Corp.'s return on equity (ROE) is 0.5%. The historical average is 8.5%.
Based on historical data, PVH Corp. is trading at a P/E of 145.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
PVH Corp.'s current dividend yield is 0.20% with a payout ratio of 29.6%.
PVH Corp. has 57.5% gross margin and 7.3% operating margin.
PVH Corp.'s Debt/EBITDA ratio is 17.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.