PVH Corp (PVH)

Return on total capital

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 4, 2024	Nov 30, 2023	Oct 29, 2023	Aug 31, 2023	Jul 30, 2023	May 31, 2023	Apr 30, 2023	Feb 28, 2023	Jan 29, 2023	Nov 30, 2022	Oct 30, 2022	Aug 31, 2022	Jul 31, 2022	May 31, 2022	May 1, 2022
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	766,900	904,200	1,074,900	1,131,500	1,182,000	1,000,600	785,500	737,500	707,700	834,100	988,000	589,400	175,600	78,900	-42,100	372,500	795,700	817,200	863,000	910,400
Long-term debt	US$ in thousands	—	—	—	—	—	1,591,700	—	1,571,300	—	1,619,600	—	2,193,000	—	2,177,000	—	2,109,100	—	2,155,500	—	2,216,500
Total stockholders’ equity	US$ in thousands	5,140,500	5,288,200	5,191,800	5,059,200	5,118,900	5,118,900	5,054,300	5,054,300	5,037,600	5,037,600	5,126,400	5,126,400	5,012,700	5,012,700	4,822,800	4,822,800	5,206,400	5,206,400	5,268,500	5,268,500
Return on total capital		14.92%	17.10%	20.70%	22.37%	23.09%	14.91%	15.54%	11.13%	14.05%	12.53%	19.27%	8.05%	3.50%	1.10%	-0.87%	5.37%	15.28%	11.10%	16.38%	12.16%

February 28, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $766,900K ÷ ($—K + $5,140,500K)
= 14.92%

PVH Corp's return on total capital has shown varying performance over the reviewed periods. The return on total capital ranged from a low of -0.87% on November 30, 2022, to a high of 23.09% on February 29, 2024. The return on total capital exceeded 15% in several periods, indicating effective capital utilization and value creation for investors. The company's return on total capital has generally been above 10%, demonstrating efficient allocation of capital to generate profits. The trend indicates that PVH Corp has been successful in generating returns on the total capital invested in the business, with some fluctuations in performance over the reviewed periods.