PVHFRA:PVH +0.72%76 Pretax Margin % is 5.36% as of Apr. 2026, which is 22% below its 10-year median of 6.88. GuruFocus rates FRA:PVH with a GF Score™ of 76/100 and a GF Value™ of €90.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, PVH ranks better than 65.64% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PVH's Pre-Tax Income for the
three
months ended in Apr. 2026 was €93 Mil. PVH's Revenue for the
three
months ended in Apr. 2026 was €1,731 Mil. Therefore, PVH's pretax margin for the quarter that ended in Apr. 2026 was 5.36%.
The historical rank and industry rank for PVH's Pretax Margin % or its related term are showing as below:
FRA:PVH'
s Pretax Margin % Range Over the Past 10 Years
Min: -16.73 Med: 6.88 Max: 10.63
Current: 6.78
FRA:PVH's Pretax Margin % is ranked better than 65.64% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.52
vs FRA:PVH: 6.78
PVH (FRA:PVH) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PVH Pretax Margin % Related Terms
PVH Pretax Margin % Historical Data
* Premium members only.
The historical data trend for PVH's Pretax 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: Pretax Margin % Comparison
For the Apparel Manufacturing subindustry, PVH's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PVH's Pretax 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 Pretax Margin % of 5.36% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PVH and its competitors. This is 22% below median its historical median of 6.88. According to the industry distribution chart, PVH ranks #357 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 34.4%.
Is PVH's Pretax Margin % too high?
PVH's current Pretax Margin % of 5.36% is 22% below median its 10-year median of 6.88. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.52. PVH's value of 5.36% is 52.3% above this industry median. Based on the distribution chart, PVH ranks #357 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PVH has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's Pretax Margin % compare to ZGN and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PVH ranks #357 out of 1039 companies for Pretax Margin %. This puts PVH in the upper half of its industry. The industry median Pretax Margin % is 3.52. PVH's value of 5.36% is 52.3% above this benchmark. While the company's 10-year median is 6.88 vs. the industry median of 3.52, 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 Pretax Margin % for a Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVH's current Pretax Margin % of 5.36% is 52.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PVH and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVH's current Pretax Margin % is 5.36%, which is 22% below median its own 10-year median of 6.88. 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 Modestly Undervalued. The stock's GF Value™ is €90.34, compared to a current price of €64.62 — trading 28.5% below its estimated fair value. The current Pretax Margin % is 5.36%, which is 22% below median its 10-year median of 6.88 and 52.3% above the Manufacturing - Apparel & Accessories industry median of 3.52. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PVH (FRA:PVH), the current Pretax Margin % is 5.36% 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 €64.62 is trading 28.5% below its estimated GF Value™ of €90.34.
GuruFocus considers PVH to be Modestly Undervalued.
Key valuation signals for FRA:PVH:
Pretax Margin %: 5.36% (22% below median its 10-year median of 6.88)
GF Value™: €90.34 vs. price of €64.62 (28.5% below fair value)
Industry Position: 52.3% above the Manufacturing - Apparel & Accessories median (#357 of 1039)
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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