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PVH Gross Margin %

: 58.35% (As of Apr. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. PVH's Gross Profit for the three months ended in Apr. 2022 was $1,239 Mil. PVH's Revenue for the three months ended in Apr. 2022 was $2,123 Mil. Therefore, PVH's Gross Margin % for the quarter that ended in Apr. 2022 was 58.35%.


The historical rank and industry rank for PVH's Gross Margin % or its related term are showing as below:

PVH' s Gross Margin % Range Over the Past 10 Years
Min: 51.54   Med: 53.53   Max: 58.16
Current: 57.99


During the past 13 years, the highest Gross Margin % of PVH was 58.16%. The lowest was 51.54%. And the median was 53.53%.

PVH's Gross Margin % is ranked better than
89.11% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.24 vs PVH: 57.99

PVH had a gross margin of 58.35% for the quarter that ended in Apr. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PVH was 0.90% per year.


PVH Gross Margin % Historical Data

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.

* Premium members only.

PVH Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.90 54.97 54.38 52.95 58.16

PVH Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 59.11 57.65 57.67 58.29 58.35

Competitive 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 % Distribution

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.



PVH Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

PVH's Gross Margin for the fiscal year that ended in Jan. 2022 is calculated as

Gross Margin % (A: Jan. 2022 )=Gross Profit (A: Jan. 2022 ) / Revenue (A: Jan. 2022 )
=5324.1 / 9154.7
=(Revenue - Cost of Goods Sold) / Revenue
=(9154.7 - 3830.6) / 9154.7
=58.16 %

PVH's Gross Margin for the quarter that ended in Apr. 2022 is calculated as


Gross Margin % (Q: Apr. 2022 )=Gross Profit (Q: Apr. 2022 ) / Revenue (Q: Apr. 2022 )
=1238.7 / 2122.7
=(Revenue - Cost of Goods Sold) / Revenue
=(2122.7 - 884) / 2122.7
=58.35 %

* 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  (NYSE: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 58.35% for the quarter that ended in Apr. 2022 => 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

Thank you for viewing the detailed overview of PVH's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PVH Business Description

PVH logo
Address
200 Madison Avenue, New York, NY, USA, 10016
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. PVH's leading designer brands, Calvin Klein and Tommy Hilfiger, generate nearly all its revenue after it disposed of most of its smaller brands in 2021. PVH distributes its clothing wholesale to retailers and through company-owned stores. The company traces its history to 1881 and is based in New York City.
Executives
Donnelly Trish officer: CEO, PVH Americas/CK Global C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Calbert Michael M director C/O DOLLAR GENERAL CORPORATION 100 MISSION RIDGE GOODLETTSVILLE TN 37072
Fuller Julie officer: Chief People Officer 200 MADISON AVENUE NEW YORK NY 10016
Coughlin Zachary officer: EVP, Chief Financial Officer 285 MADISON AVENUE NEW YORK NY 10017
Perlman Dana officer: EVP & Chief Strategy Officer C/O 200 MADISON AVENUE NEW YORK NY 10016
Hagman Martijn officer: CEO, PVH Europe C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Larsson Stefan director, officer: Chief Executive Officer TWO FOLSOM STREET SAN FRANCISCO CA 94105
Fischer Mark D officer: EVP, General Counsel & Sec. C/O PHILLIPS-VAN HEUSEN CORPORATION 200 MADISON AVENUE NEW YORK NY 10016
Nasella Henry director
Holmes James officer: EVP, Interim CFO & Controller C/O PVH CORP. 200 MADISON AVENUE NEW YORK NY 10016
Shaffer Michael A officer: EVP, COO and CFO C/O PHILLIPS-VAN HEUSEN CORPORATION 200 MADISON AVENUE NEW YORK NY 10016
Chirico Emanuel director 7 NEW YORK PLACE BRONSVILLE NY 10708
Sourry Knox Judith Amanda director C/O 200 MADISON AVENUE NEW YORK NY 10016
Cheeks George director, Director 200 MADISON AVENUE NEW YORK NY 10016
Peterson Allison director 7601 PENN AVENUE SOUTH RICHFIELD MN 55423

PVH Headlines

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