PVH (PVH) Debt-to-Equity: 0.86 (As of Apr. 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

PVH PVH Corp PVH
81 GF Score
Price $84.31
GF Value $106.00
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PVH Debt-to-Equity?

PVH PVH -3.24% 81 Debt-to-Equity is 0.86 as of Apr. 2026, which is 16% above its 10-year median of 0.74. GuruFocus rates PVH with a GF Score™ of 81/100 and a GF Value™ of $106.00 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, PVH ranks worse than 72.61% on this metric.

PVH's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $353 Mil. PVH's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $3,872 Mil. PVH's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $4,895 Mil. PVH's debt to equity for the quarter that ended in Apr. 2026 was 0.86.

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 PVH's Debt-to-Equity or its related term are showing as below:

PVH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.74   Max: 1.21
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of PVH was 1.21. The lowest was 0.49. And the median was 0.74.

PVH's Debt-to-Equity is ranked worse than
72.61% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs PVH: 0.86

PVH  (NYSE:PVH) 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.


PVH Debt-to-Equity Related Terms


PVH Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PVH'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.

PVH Debt-to-Equity Chart

PVH Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.76 0.69 0.66 0.90

PVH Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.81 0.88 0.87 0.90 0.86

PVH vs ZGN, COLM, UAA: Debt-to-Equity Comparison

For the Apparel Manufacturing subindustry, PVH'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.


PVH Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

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

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


PVH
81GF Score
PVH Corp PVH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PVH Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PVH's Debt to Equity Ratio for the fiscal year that ended in Jan. 2026 is calculated as

PVH's Debt to Equity Ratio for the quarter that ended in Apr. 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 0.86 mean?
PVH (PVH) has a Debt-to-Equity of 0.86 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PVH and its competitors. This is 16% above median its historical median of 0.74. Over the past decade, PVH's Debt-to-Equity has ranged from 0.49 to 1.21. According to the industry distribution chart, PVH ranks #676 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.6%.
Is PVH's Debt-to-Equity too high?
PVH's current Debt-to-Equity of 0.86 is 16% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.21. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. PVH's value of 0.86 is 104.8% above this industry median. Based on the distribution chart, PVH ranks #676 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, PVH has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's Debt-to-Equity compare to ZGN and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PVH ranks #676 out of 931 companies for Debt-to-Equity. This places PVH in the lower half of its industry. The industry median Debt-to-Equity is 0.42. PVH's value of 0.86 is 104.8% above this benchmark. Historically, PVH's own Debt-to-Equity has ranged from 0.49 to 1.21 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.42, PVH 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 0.42, based on 931 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. PVH's current Debt-to-Equity of 0.86 is 104.8% 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 PVH and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVH's current Debt-to-Equity is 0.86, which is 16% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVH stock overvalued right now?
Based on GuruFocus' analysis, PVH (PVH) is currently considered Modestly Undervalued. The stock's GF Value™ is $106.00, compared to a current price of $84.31 — trading 20.5% below its estimated fair value. The current Debt-to-Equity is 0.86, which is 16% above median its 10-year median of 0.74 and 104.8% above the Manufacturing - Apparel & Accessories industry median of 0.42. PVH's overall GF Score™ is 81/100 with 5 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 PVH (PVH), the current Debt-to-Equity is 0.86 as of Apr. 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 PVH (PVH) Overvalued in 2026?

Based on GuruFocus' analysis, PVH stock appears to be undervalued. The current stock price of $84.31 is trading 20.5% below its estimated GF Value™ of $106.00. GuruFocus considers PVH to be Modestly Undervalued.

Key valuation signals for PVH:

  • Debt-to-Equity: 0.86 (16% above median its 10-year median of 0.74)
  • GF Value™: $106.00 vs. price of $84.31 (20.5% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 104.8% above the Manufacturing - Apparel & Accessories median (#676 of 931)

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


PVH Business Description

Other Exchanges 0KEQ:UKPVH:Germany
Address 285 Madison Avenue, New York, NY, USA, 10017
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites, roughly 1,400 standalone stores, and about 1,500 shop-in-shops and concessions. The firm also licenses its brands to third parties and distributes its merchandise through department stores and other wholesale accounts. PVH traces its history to 1881 and is based in New York City.
81GF Score

Get the complete analysis for PVH

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

$84.31
Price
$106.00
GF Value