PVH (STU:PVH) EBIT: €602 Mil (TTM As of Apr. 2026)

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STU:PVH PVH Corp STU:PVH
79 GF Score
Price €68.24
GF Value €92.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PVH EBIT?

PVH STU:PVH -1.87% 79 EBIT is €602 Mil as of Apr. 2026. GuruFocus rates STU:PVH with a GF Score™ of 79/100 and a GF Value™ of €92.87 (Modestly Undervalued). The stock has 3 warning signs investors should review.

PVH's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €112 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €602 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PVH's annualized ROC % for the quarter that ended in Apr. 2026 was 4.01%. PVH's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 15.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PVH's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 9.50%.


PVH  (STU:PVH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PVH's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=382.356 * ( 1 - 18.89% )/( (7669.211 + 7813.162)/ 2 )
=310.1289516/7741.1865
=4.01 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9940.531 - 1674.343 - ( 596.977 - max(0, 2022.146 - 3068.025+596.977))
=7669.211

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9697.068 - 1377.319 - ( 506.587 - max(0, 1721.115 - 2885.881+506.587))
=7813.162

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PVH's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=448.704/( ( (2157.455 + max(735.179, 0)) + (2104.24 + max(940.842, 0)) )/ 2 )
=448.704/( ( 2892.634 + 3045.082 )/ 2 )
=448.704/2968.858
=15.11 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(846.405 + 1347.559 + 257.256) - (1674.343 + 41.699 + -0.0010000000002037)
=735.179

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(766.764 + 1291.221 + 302.585) - (1377.319 + 42.408 + 0.0010000000002037)
=940.842

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PVH's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=601.833/6338.062
=9.50 %

* 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 EBIT Related Terms


PVH EBIT Historical Data

* Premium members only.

The historical data trend for PVH's EBIT 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 EBIT Chart

PVH Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 955.87 443.40 863.20 768.45 208.92

PVH Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT 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 -291.21 117.41 157.63 214.62 112.18

STU:PVH vs ZGN, COLM, UAA: EBIT Comparison

For the Apparel Manufacturing subindustry, PVH's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where PVH's EV-to-EBIT falls into.


STU:PVH
79GF Score
PVH Corp STU:PVH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PVH EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €602 Mil.

* 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 EBIT →
What does a EBIT of €602 Mil mean?
PVH (STU:PVH) has a EBIT of €602 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PVH.
Is PVH's EBIT too high?
PVH's current EBIT is €602 Mil. Overall, PVH has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's EBIT compare to ZGN and COLM?
PVH's EBIT of €602 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PVH. PVH's current EBIT is €602 Mil. 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 (STU:PVH) is currently considered Modestly Undervalued. The stock's GF Value™ is €92.87, compared to a current price of €68.24 — trading 26.5% below its estimated fair value. The current EBIT is €602 Mil. PVH's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For PVH (STU:PVH), the current EBIT is €602 Mil 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 (STU:PVH) Overvalued in 2026?

Based on GuruFocus' analysis, PVH stock appears to be undervalued. The current stock price of €68.24 is trading 26.5% below its estimated GF Value™ of €92.87. GuruFocus considers PVH to be Modestly Undervalued.

Key valuation signals for STU:PVH:

  • EBIT: €602 Mil
  • GF Value™: €92.87 vs. price of €68.24 (26.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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


PVH Business Description

Other Exchanges PVH:USA0KEQ:UK
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.
79GF Score

Get the complete analysis for STU:PVH

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

€68.24
Price
€92.87
GF Value