WinstonWınston
PVH logo

PVH

PVH
45
Apparel - Manufacturers · Consumer Cyclical
Price
$78.15
-1.68 (-2.10%)
Market Cap
$3.60B
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.

Share count falling — buybacks

33.4% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 71.9M (2022) → 47.9M (2026)

PVH Corp. is a clothing company that owns two of the most recognized fashion brands in the world: Calvin Klein and Tommy Hilfiger. It designs and sells apparel, underwear, jeans, and accessories to everyday shoppers through department stores, its own retail locations, and online. PVH operates in the global fashion industry, competing with companies like Hanesbrands and Ralph Lauren.

PVH makes money by selling its branded clothing wholesale to retailers and directly to consumers through its own stores and websites. The company operates in over 40 countries, with Europe being its largest and most profitable region, generating roughly half of total revenue. Its main competitive advantage is brand recognition built over decades, but PVH faces real pressure from slowing consumer spending, a struggling North American wholesale channel, and the challenge of keeping two large heritage brands relevant to younger shoppers — which is the central risk to its long-term growth.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+5.6% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-216.4% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

1.2%ownership

Declining

Insider ownership declining — could be dilution or selling

Cash Position

Cash flow positive

$702M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

PVH is growing revenue at 6% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
58.5%
Premium pricing power — 58.5% gross margin
Operating Margin
9.0%
Modest — 9.0% operating margin
ROCE
3.2%
Weak — 3.2% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+6.1%
Slow sales growth (6.1% YoY)
EPS YoY
-52.0%
Earnings shrinking (-52.0% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
545%
Turns 545% of profit into real cash
FCF Margin
11.6%
Modest free cash flow (11.6%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.48
Conservative — low debt load (0.48)
Interest Cover
7.43x
Adequate interest coverage (7.4x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
18.3x
Fair value — P/E 18.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward
+12.5
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (18.3 → 5.7)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
0.21%
Small dividend — 0.21% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
+0.0%
Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial