SuperworthV F profit margin VFC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 2.9%
- Operating margin, 12 months
- 6.1%
- Net margin on a year earlier
- +3.4 pts
- Peer median
- 8.7%
Over the twelve months to Jun 27, 2026, V F kept 2.9% of its revenue as net profit, with an operating margin of 6.1% and a gross margin of 55.0%.
Five years earlier its net margin was 9.8%.
The median for 8 apparel manufacturers stocks of a similar size is 8.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 2.7% | 6.0% | 54.8% |
| FY2025 | −2.0% | 3.2% | 53.5% |
| FY2024 | −9.5% | −1.0% | 51.8% |
| FY2023 | 1.0% | 2.8% | 52.5% |
| FY2022 | 11.7% | 13.8% | 54.5% |
| FY2021 | 4.4% | 6.6% | 52.7% |
| FY2020 | 6.5% | 8.8% | 55.3% |
| FY2019 | 12.3% | 11.6% | 54.6% |
| FY2017 | 5.2% | 12.8% | 50.5% |
| FY2016 | 9.7% | 12.4% | 49.3% |
| FY2015 | 10.2% | 14.9% | 49.0% |
| FY2014 | 8.5% | 11.7% | 48.8% |
| FY2013 | 10.6% | 14.4% | 48.1% |
| FY2012 | 10.0% | 13.5% | 46.5% |
| FY2011 | 9.4% | 13.2% | 45.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 2.9% | +3.4 pts | 6.1% | |
| Q4 FY26 | 2.7% | +4.7 pts | 6.0% | |
| Q3 FY26 | 2.3% | +7.0 pts | 4.6% | |
| Q2 FY26 | 0.9% | +7.8 pts | 4.0% | |
| Q1 FY26 | −0.5% | +11.4 pts | 3.6% | |
| Q4 FY25 | −2.0% | +7.5 pts | 3.2% | |
| Q3 FY25 | −4.7% | +2.6 pts | 0.2% | |
| Q2 FY25 | −6.9% | −5.0 pts | −3.1% | |
| Q1 FY25 | −11.9% | −12.9 pts | −2.2% | |
| Q4 FY24 | −9.5% | −10.6 pts | −1.0% | |
| Q3 FY24 | −7.3% | −10.8 pts | 0.8% | |
| Q2 FY24 | −1.9% | −5.5 pts | 6.2% |
Against its peers
Companies in Apparel - Manufacturers nearest V F's size, closest first, today.
| Company | Profit margin |
|---|---|
| VFCV F | 2.9% |
| LEVILevi Strauss | 8.8% |
| LULUlululemon athletica inc. | 12.8% |
| KTBKontoor Brands | 8.7% |
| FIGSFIGS | 8.7% |
| COLMColumbia Sportswear | 6.0% |
| RLRalph Lauren | 11.8% |
| GIIIG III Apparel | 4.8% |
| CRICarters | 6.5% |
| Peer median | 8.7% |
Where V F ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on V F
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.