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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

PVH Corp. (PVH) Quarterly Financial Ratios

Last 45 quarters of trend data · Consumer Cyclical · Apparel - Manufacturers

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

PVH Corp.'s quarterly P/E stands at 3.9x, down 54.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 14.9% YoY to 10.3x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22
P/E Ratio →8.393.86—8.0610.528.4610.936.616.8014.7010.0210.31—
—-54.4%—+21.9%+54.8%-42.4%+9.0%-35.9%—+63.4%+6.9%+140.0%—
P/S Ratio0.470.400.450.520.610.650.850.720.470.630.630.580.37
—-38.2%-46.6%-27.3%+32.1%+3.0%+34.2%+25.3%+25.1%+28.8%+7.2%-16.7%-55.9%
P/B Ratio0.980.710.780.971.051.031.311.400.871.101.061.140.70
—-31.1%-40.5%-31.0%+20.5%-6.0%+23.0%+22.8%+23.7%+37.8%+12.0%-9.9%-53.8%
P/FCF6.974.76—2.81—5.23—3.1116.146.47—6.52—
—-9.1%—-9.9%—-19.1%—-52.2%—-47.6%—+51.9%—
EV / EBITDA6.6110.278.676.459.148.939.665.826.3110.69—7.926.27
—+14.9%-10.3%+10.9%+44.9%-16.4%—-26.6%+0.7%+67.1%—+2.4%-31.0%
EV / EBIT9.1714.69—8.7711.1811.6912.756.948.3012.9211.857.52—
—+25.7%—+26.4%+34.7%-9.5%+7.5%-7.7%—+47.3%+19.5%-28.4%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

PVH Corp.'s operating margin was 5.6% in Q2 2025, down 1.3 pp QoQ and down 2.2 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 7.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 3.9% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22
Gross Margin59.4%57.7%58.6%58.2%58.4%60.1%61.4%60.5%56.7%57.6%57.9%55.9%55.9%
—-3.9%-4.6%-3.7%+3.0%+4.2%+6.0%+8.3%+1.5%+0.8%-0.7%-4.1%-3.1%
Operating Margin8.5%5.6%6.9%9.5%7.2%7.8%9.3%14.2%9.7%6.1%-32.8%8.4%8.3%
—-28.2%-25.2%-33.5%-25.9%+29.3%+128.3%+70.4%+17.2%-36.3%-622.3%-9.5%-13.3%
Net Margin6.9%10.3%-2.3%6.6%5.8%7.6%7.8%10.9%6.8%4.3%6.3%5.6%-8.2%
—+35.8%-129.1%-39.3%-14.5%+78.5%+23.1%+95.9%+183.5%-21.1%+0.5%-65.4%-168.3%

Return on Capital

MetricTTMQ2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22
ROE11.7%4.7%-0.9%3.0%2.5%3.1%3.0%5.3%3.2%1.9%2.7%2.8%-3.7%
—+53.4%-130.9%-43.6%-21.4%+66.3%+10.9%+89.5%+186.0%-15.8%+6.4%-62.3%-167.9%
ROA5.4%2.0%-0.4%1.4%1.2%1.4%1.4%2.4%1.4%0.8%1.2%1.2%-1.6%
—+40.2%-129.9%-42.0%-17.5%+75.4%+17.9%+103.3%+188.9%-15.5%+6.7%-61.4%-173.3%
ROIC7.0%1.1%1.3%2.1%1.5%1.5%1.7%3.3%2.1%1.2%-6.3%1.9%1.8%
—-29.4%-22.8%-35.5%-27.4%+26.0%+126.6%+70.5%+16.9%-36.0%-614.7%-7.8%-12.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

PVH Corp.'s Debt/EBITDA ratio is 24.2x, up from 18.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 10.7% YoY to 1.37x, strengthening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22
Debt / Equity0.660.950.810.660.660.690.700.690.720.750.740.760.75
—+38.3%+14.7%-4.4%-8.3%-8.9%-4.7%-9.6%-4.1%+6.8%+2.5%+2.2%-10.2%
Debt / EBITDA3.3524.2218.1511.4915.1115.3214.068.2212.0018.10—13.4813.88
—+58.1%+29.1%+39.8%+25.9%-15.4%—-39.0%-13.5%+37.3%—+3.8%-4.1%
Current Ratio1.271.371.111.271.291.241.551.181.181.091.401.291.35
—+10.7%-28.4%+8.2%+9.7%+13.2%+10.8%-9.1%-12.9%-19.0%+1.0%-1.3%-6.9%
Quick Ratio0.720.630.530.720.690.660.830.660.660.520.680.640.68
—-5.7%-36.8%+8.7%+5.6%+28.1%+22.2%+3.3%-3.0%-27.3%-16.1%-22.3%-27.3%
Interest Coverage8.145.546.1510.857.077.137.7914.899.465.17-28.028.778.97
—————————————

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Includes 30+ ratios · 45 years · Updated daily

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PVH — Frequently Asked Questions

Quick answers to the most common questions about buying PVH stock.

What is PVH Corp.'s quarterly P/E ratio trend?

PVH Corp.'s current P/E is 8.4x. The average P/E over the last 3 quarters is 7.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do PVH Corp.'s margins change by quarter?

PVH Corp.'s current operating margin is 8.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at PVH quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking PVH Corp.'s business trajectory between earnings reports.

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