PVH Corp (PVH)
Gross profit margin
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,363,200 | 5,252,500 | 5,187,300 | 5,134,500 | 5,122,900 | 5,148,700 | 5,219,600 | 5,333,700 | 5,324,100 | 5,034,100 | 4,790,300 | 4,340,000 | 3,776,800 | 4,048,400 | 4,353,300 | 4,758,400 | 5,388,400 | 5,346,000 | 5,304,600 | 5,313,200 |
| Revenue (ttm) | US$ in thousands | 9,217,700 | 9,216,500 | 9,134,400 | 9,059,400 | 9,024,200 | 8,965,200 | 9,016,900 | 9,198,100 | 9,154,700 | 8,814,800 | 8,600,400 | 7,867,900 | 7,132,600 | 7,643,600 | 8,113,200 | 8,896,700 | 9,909,000 | 9,792,200 | 9,729,000 | 9,698,500 |
| Gross profit margin | 58.18% | 56.99% | 56.79% | 56.68% | 56.77% | 57.43% | 57.89% | 57.99% | 58.16% | 57.11% | 55.70% | 55.16% | 52.95% | 52.96% | 53.66% | 53.49% | 54.38% | 54.59% | 54.52% | 54.78% |
February 4, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,363,200K ÷ $9,217,700K
= 58.18%
The gross profit margin of PVH Corp has shown relatively stable performance over the past several quarters. The company's gross profit margin has ranged from a low of 52.95% in January 2021 to a high of 58.18% in February 2024. Overall, PVH Corp has maintained a healthy gross profit margin above 50% consistently, indicating efficient cost management and pricing strategies.
In recent quarters, the gross profit margin has been above 56%, peaking at 58.18% in February 2024. This suggests that PVH Corp has been effectively controlling its production and direct costs relative to its sales revenue. A higher gross profit margin indicates that the company is generating more profit per dollar of sales, which is a positive sign for investors and stakeholders.
It is important to note that a consistent gross profit margin above 50% is considered strong in the retail and apparel industry, where competition and cost pressures are high. PVH Corp's ability to maintain a relatively high gross profit margin reflects its competitiveness and ability to deliver value to shareholders.
Peer comparison
Feb 4, 2024