PVHFRA:PVH -2.44%77 Net Margin % is 4.35% as of Apr. 2026, which is 32% below its 10-year median of 6.36. GuruFocus rates FRA:PVH with a GF Score™ of 77/100 and a GF Value™ of €89.04 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, PVH ranks worse than 56.72% on this metric.
Net margin is calculated as Net Income divided by its Revenue. PVH's Net Income for the
three
months ended in Apr. 2026 was €75 Mil. PVH's Revenue for the
three
months ended in Apr. 2026 was €1,731 Mil. Therefore, PVH's net margin for the quarter that ended in Apr. 2026 was 4.35%.
The historical rank and industry rank for PVH's Net Margin % or its related term are showing as below:
FRA:PVH'
s Net Margin % Range Over the Past 10 Years
Min: -15.93 Med: 6.36 Max: 10.4
Current: 1.76
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
PVH Net Margin % Related Terms
PVH Net Margin % Historical Data
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The historical data trend for PVH's Net 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 KTB, ZGN, COLM: Net Margin % Comparison
For the Apparel Manufacturing subindustry, PVH's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Net Margin % distribution charts can be found below:
* The bar in red indicates where PVH's Net 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.
PVH (FRA:PVH) has a Net Margin % of 4.35% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on PVH and its competitors. This is 32% below median its historical median of 6.36. According to the industry distribution chart, PVH ranks #591 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.7%.
Is PVH's Net Margin % too high?
PVH's current Net Margin % of 4.35% is 32% below median its 10-year median of 6.36. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.62. PVH's value of 4.35% is 66% above this industry median. Based on the distribution chart, PVH ranks #591 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, PVH has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's Net Margin % compare to KTB and ZGN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PVH ranks #591 out of 1042 companies for Net Margin %. This places PVH in the lower half of its industry. The industry median Net Margin % is 2.62. PVH's value of 4.35% is 66% above this benchmark. While the company's 10-year median is 6.36 vs. the industry median of 2.62, 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 Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.62, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVH's current Net Margin % of 4.35% is 66% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PVH and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVH's current Net Margin % is 4.35%, which is 32% below median its own 10-year median of 6.36. 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 €89.04, compared to a current price of €62.50 — trading 29.8% below its estimated fair value. The current Net Margin % is 4.35%, which is 32% below median its 10-year median of 6.36 and 66% above the Manufacturing - Apparel & Accessories industry median of 2.62. PVH's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PVH (FRA:PVH), the current Net Margin % is 4.35% 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 €62.50 is trading 29.8% below its estimated GF Value™ of €89.04.
GuruFocus considers PVH to be Significantly Undervalued.
Key valuation signals for FRA:PVH:
Net Margin %: 4.35% (32% below median its 10-year median of 6.36)
GF Value™: €89.04 vs. price of €62.50 (29.8% below fair value)
Industry Position: 66% above the Manufacturing - Apparel & Accessories median (#591 of 1042)
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.
77GF Score
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