VF Corporation (VFC)

Net profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net income	US$ in thousands	-189,716	-968,882	118,584	1,386,940	407,869
Revenue	US$ in thousands	9,504,690	10,454,700	11,612,500	11,841,800	9,238,830
Net profit margin		-2.00%	-9.27%	1.02%	11.71%	4.41%

March 31, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $-189,716K ÷ $9,504,690K
= -2.00%

VF Corporation's net profit margin has shown significant fluctuations over the past five years. As of March 31, 2021, the net profit margin was 4.41%, indicating that the company generated a profit of 4.41 cents for every dollar in sales. This figure improved notably to 11.71% by March 31, 2022, reflecting improved profitability. However, there was a sharp decline in net profit margin to 1.02% by March 31, 2023, signaling a decrease in profitability.

The situation worsened significantly in the subsequent years, as of March 31, 2024, the net profit margin plunged to -9.27%, indicating that the company was incurring losses. The negative trend continued into the following year, with a net profit margin of -2.00% as of March 31, 2025. This suggests ongoing challenges in generating profits relative to sales.

Overall, VF Corporation's net profit margin has been volatile, with periods of both positive and negative performance. The company may need to assess its cost structure, revenue generation strategies, and operational efficiency to improve profitability and achieve more consistent financial performance in the future.