KTB (Kontoor Brands) Debt-to-Equity: 2.06 (As of Jun. 2026) — 25% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KTB Kontoor Brands Inc KTB
81 GF Score
Price $66.41
GF Value $76.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kontoor Brands Debt-to-Equity?

Kontoor Brands KTB +0.08% 81 Debt-to-Equity is 2.06 as of Jun. 2026, which is 25% below its 10-year median of 2.74. GuruFocus rates KTB with a GF Score™ of 81/100 and a GF Value™ of $76.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 935 Manufacturing - Apparel & Accessories companies, Kontoor Brands ranks worse than 91.44% on this metric.

Kontoor Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $47 Mil. Kontoor Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,226 Mil. Kontoor Brands's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $619 Mil. Kontoor Brands's debt to equity for the quarter that ended in Jun. 2026 was 2.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Kontoor Brands's Debt-to-Equity or its related term are showing as below:

KTB' s Debt-to-Equity Range Over the Past 10 Years
Min: -80.02   Med: 2.74   Max: 42.78
Current: 2.06

During the past 10 years, the highest Debt-to-Equity Ratio of Kontoor Brands was 42.78. The lowest was -80.02. And the median was 2.74.

KTB's Debt-to-Equity is ranked worse than
91.44% of 935 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs KTB: 2.06

Kontoor Brands  (NYSE:KTB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Kontoor Brands Debt-to-Equity Related Terms


Kontoor Brands Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kontoor Brands's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kontoor Brands Debt-to-Equity Chart

Kontoor Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 3.40 2.26 1.98 2.29

Kontoor Brands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 2.83 2.29 2.06 2.06

KTB vs ZGN, PVH, VFC: Debt-to-Equity Comparison

For the Apparel Manufacturing subindustry, Kontoor Brands's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kontoor Brands Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kontoor Brands's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kontoor Brands's Debt-to-Equity falls into.


KTB
81GF Score
Kontoor Brands Inc KTB
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kontoor Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kontoor Brands's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Kontoor Brands's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.06 mean?
Kontoor Brands (KTB) has a Debt-to-Equity of 2.06 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kontoor Brands and its competitors. This is 25% below median its historical median of 2.74. According to the industry distribution chart, Kontoor Brands ranks #855 out of 935 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.4%.
Is Kontoor Brands' Debt-to-Equity too high?
Kontoor Brands' current Debt-to-Equity of 2.06 is 25% below median its 10-year median of 2.74. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Kontoor Brands' value of 2.06 is 402.4% above this industry median. Based on the distribution chart, Kontoor Brands ranks #855 out of 935 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kontoor Brands has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kontoor Brands' Debt-to-Equity compare to ZGN and PVH?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kontoor Brands ranks #855 out of 935 companies for Debt-to-Equity. This places Kontoor Brands in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Kontoor Brands' value of 2.06 is 402.4% above this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 0.41, Kontoor Brands has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kontoor Brands's current Debt-to-Equity of 2.06 is 402.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kontoor Brands and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kontoor Brands's current Debt-to-Equity is 2.06, which is 25% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kontoor Brands stock overvalued right now?
Based on GuruFocus' analysis, Kontoor Brands (KTB) is currently considered Modestly Undervalued. The stock's GF Value™ is $76.64, compared to a current price of $66.41 — trading 13.3% below its estimated fair value. The current Debt-to-Equity is 2.06, which is 25% below median its 10-year median of 2.74 and 402.4% above the Manufacturing - Apparel & Accessories industry median of 0.41. Kontoor Brands' overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Kontoor Brands (KTB), the current Debt-to-Equity is 2.06 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kontoor Brands (KTB) Overvalued in 2026?

Based on GuruFocus' analysis, Kontoor Brands stock appears to be undervalued. The current stock price of $66.41 is trading 13.3% below its estimated GF Value™ of $76.64. GuruFocus considers Kontoor Brands to be Modestly Undervalued.

Key valuation signals for KTB:

  • Debt-to-Equity: 2.06 (25% below median its 10-year median of 2.74)
  • GF Value™: $76.64 vs. price of $66.41 (13.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 402.4% above the Manufacturing - Apparel & Accessories median (#855 of 935)

No single metric tells the full story. See the KTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kontoor Brands Business Description

Other Exchanges 3KO:Germany
Address 400 N. Elm Street, Greensboro, NC, USA, 27401
Kontoor Brands Inc is a lifestyle apparel company. It designs, manufactures, procures, sells, and licenses apparel, footwear, and accessories, mainly under the brand names Wrangler, Lee, Helly Hansen, and a few other brands. The company also licenses the use of its brands in certain regions. Its products are sold through wholesale and direct-to-consumer channels in the United States (its key revenue-generating market) and internationally, mainly in Europe, Middle East and Africa (EMEA), Asia-Pacific (APAC), and Non-U.S. Americas regions. The company's three reportable segments are Wrangler, Lee, and Helly Hansen. The majority of its revenue is generated from the Wrangler segment, which offers denim, apparel, footwear, and accessories through Wrangler and various sub-brands.
81GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$66.41
Price
$76.64
GF Value