VF Corporation (VFC)

Net profit margin

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Net income (ttm)	US$ in thousands	-189,716	-457,236	-667,468	-1,170,343	-968,882	-765,466	-215,146	117,119	118,584	414,318	424,251	1,006,736	1,386,941	1,395,619	1,225,058	1,017,727	407,869	-165,427	-47,664	344,615
Revenue (ttm)	US$ in thousands	9,642,930	9,877,750	10,004,120	10,280,410	10,459,450	10,820,470	11,390,860	11,437,220	11,612,480	11,697,530	11,791,240	11,908,880	11,841,840	11,599,850	10,947,010	10,357,090	9,238,820	8,758,570	9,171,780	9,956,730
Net profit margin		-1.97%	-4.63%	-6.67%	-11.38%	-9.26%	-7.07%	-1.89%	1.02%	1.02%	3.54%	3.60%	8.45%	11.71%	12.03%	11.19%	9.83%	4.41%	-1.89%	-0.52%	3.46%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-189,716K ÷ $9,642,930K
= -1.97%

VF Corporation's net profit margin has experienced fluctuations over the past few years. The trend shows that the net profit margin declined from a peak of 12.03% as of December 31, 2021, to -0.52% as of March 31, 2025. This decline indicates a decrease in profitability relative to revenue during this period.

It is important to note that a negative net profit margin indicates that the company's expenses exceeded its earnings, resulting in a loss. VF Corporation should analyze the reasons behind these negative margins and take appropriate actions to improve profitability in the future.

Overall, the decreasing trend in net profit margin raises concerns regarding the company's financial performance and efficiency in managing costs. Investors and stakeholders should closely monitor VF Corporation's strategies to address these declining profit margins and sustain long-term profitability.