PVHFRA:PVH -2.25%76 Gross Margin % is 58.57% as of Apr. 2026, which is 5% above its 10-year median of 55.87. GuruFocus rates FRA:PVH with a GF Score™ of 76/100 and a GF Value™ of €91.56 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, PVH ranks better than 85.55% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. PVH's Gross Profit for the
three
months ended in Apr. 2026 was €1,014 Mil. PVH's Revenue for the
three
months ended in Apr. 2026 was €1,731 Mil. Therefore, PVH's Gross Margin % for the quarter that ended in Apr. 2026 was 58.57%.
The historical rank and industry rank for PVH's Gross Margin % or its related term are showing as below:
FRA:PVH'
s Gross Margin % Range Over the Past 10 Years
Min: 52.95 Med: 55.87 Max: 59.43
Current: 57.53
During the past 13 years, the highestGross Margin % of PVH was 59.43%. The lowest was 52.95%. And the median was 55.87%.
FRA:PVH's Gross Margin % is ranked better than 85.55% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415
vs FRA:PVH: 57.53
PVH had a gross margin of 58.57% for the quarter that ended in Apr. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PVH was 1.50% per year.
PVH (FRA:PVH) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
PVH had a gross margin of 58.57% for the quarter that ended in Apr. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
PVH Gross Margin % Related Terms
PVH Gross Margin % Historical Data
* Premium members only.
The historical data trend for PVH's Gross Margin % 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.
FRA:PVH vs ZGN, COLM, UAA: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, PVH's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PVH's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
PVH (FRA:PVH) has a Gross Margin % of 58.57% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PVH and its competitors. This is near median its historical median of 55.87. Over the past decade, PVH's Gross Margin % has ranged from 52.95 to 59.43. According to the industry distribution chart, PVH ranks #148 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.5%.
Is PVH's Gross Margin % too high?
PVH's current Gross Margin % of 58.57% is near median its 10-year median of 55.87. Over the past 10 years, this metric has ranged from a low of 52.95 to a high of 59.43. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. PVH's value of 58.57% is 106.1% above this industry median. Based on the distribution chart, PVH ranks #148 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, PVH has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's Gross Margin % compare to ZGN and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PVH ranks #148 out of 1024 companies for Gross Margin %. This places PVH in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.42. PVH's value of 58.57% is 106.1% above this benchmark. Historically, PVH's own Gross Margin % has ranged from 52.95 to 59.43 over the past decade. While the company's 10-year median is 55.87 vs. the industry median of 28.42, 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 Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVH's current Gross Margin % of 58.57% is 106.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on PVH and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVH's current Gross Margin % is 58.57%, which is near median its own 10-year median of 55.87. 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 (FRA:PVH) is currently considered Significantly Undervalued. The stock's GF Value™ is €91.56, compared to a current price of €64.16 — trading 29.9% below its estimated fair value. The current Gross Margin % is 58.57%, which is near median its 10-year median of 55.87 and 106.1% above the Manufacturing - Apparel & Accessories industry median of 28.42. PVH's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For PVH (FRA:PVH), the current Gross Margin % is 58.57% 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 (FRA:PVH) Overvalued in 2026?
Based on GuruFocus' analysis, PVH stock appears to be undervalued.
The current stock price of €64.16 is trading 29.9% below its estimated GF Value™ of €91.56.
GuruFocus considers PVH to be Significantly Undervalued.
Key valuation signals for FRA:PVH:
Gross Margin %: 58.57% (near median its 10-year median of 55.87)
GF Value™: €91.56 vs. price of €64.16 (29.9% below fair value)
Industry Position: 106.1% above the Manufacturing - Apparel & Accessories median (#148 of 1024)
No single metric tells the full story. See the FRA:PVH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
76GF Score
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