VFC Financials V F Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 31, 2026, 11:19 UTC Overview →

Growth & profitability

Revenue has grown 0.8% per year over the past 5 years.
Net income has grown slower than revenue (-9.0% vs 0.8% per year).
Operating margin has been roughly flat, at 6.0% in the latest year.

Financial health

Total debt ($3.5B) exceeds cash ($824M); net debt is $2.7B.
Total debt has grown slower than revenue (-9.1% vs 0.8% per year).
Operating income covered interest expense 3.5× in the latest year.
Total debt is 4.1× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 55.2% of earnings.
The dividend has declined 28.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$9.6B	$255M	54.8%	6.0%	13.8%	2.7%	—	$3.5B	$824M
2025	$9.5B	-$190M	53.5%	3.2%	-12.8%	-2.0%	—	$4.0B	$429M
2024	$9.9B	-$969M	51.6%	-1.5%	-58.4%	-8.3%	—	$6.0B	$656M
2023	$11.1B	$119M	52.3%	9.0%	4.1%	0.8%	—	$6.6B	$799M
2022	$11.8B	$1.4B	54.5%	13.8%	39.3%	10.4%	—	$5.4B	$1.3B
2021	$9.2B	$408M	52.7%	6.6%	13.3%	3.0%	—	$5.7B	$816M
2020	$10.5B	$679M	55.3%	8.8%	20.2%	6.1%	—	$3.8B	$1.4B
2019	$10.3B	$1.3B	54.6%	11.6%	29.3%	12.2%	—	$2.7B	$402M
2017	$8.4B	$615M	54.1%	10.5%	16.5%	6.2%	—	$2.9B	$434M
2016	$11.0B	$1.1B	49.3%	13.2%	21.7%	11.0%	—	$2.3B	$1.2B
2016	—	$1.2B	—	—	22.9%	12.8%	—	$1.8B	$946M
2015	—	$1.0B	—	—	18.6%	10.6%	—	$1.4B	$972M
2013	—	$1.2B	—	—	19.9%	11.9%	—	$1.4B	$776M
2012	—	$1.1B	—	—	21.2%	11.3%	—	$1.8B	$597M
2011	—	$888M	—	—	19.6%	9.5%	—	$2.1B	$341M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$2.7B	$285M	55.4%	13.7%	14.0%	2.9%	—	—	$443M
Jun '26	$1.7B	-$97M	54.9%	-5.0%	-5.5%	-1.0%	—	—	$670M
Mar '26	$2.2B	-$119M	56.4%	2.8%	-6.4%	-1.3%	—	$3.5B	$824M
Dec '25	$2.9B	$301M	56.6%	10.1%	16.9%	2.9%	—	—	$1.5B
Sep '25	$2.8B	$190M	52.2%	11.2%	12.8%	1.8%	—	—	$419M
Jun '25	$1.8B	-$116M	53.9%	-4.9%	-9.0%	-1.1%	—	—	$642M
Mar '25	$2.1B	-$151M	53.3%	-3.4%	-10.1%	-1.6%	—	$4.0B	$429M
Dec '24	$2.8B	$168M	56.3%	8.0%	10.0%	1.6%	—	—	$1.4B
Sep '24	$2.8B	$52M	52.2%	9.9%	3.7%	0.4%	—	—	$492M
Jun '24	$1.8B	-$259M	51.2%	-7.0%	-18.7%	-2.2%	—	—	$625M
Mar '24	$2.2B	-$418M	47.8%	-16.6%	-25.2%	-3.6%	—	$6.0B	$656M
Dec '23	$2.8B	-$42M	54.6%	-3.3%	-2.0%	-0.3%	—	—	$976M
Sep '23	$2.9B	-$451M	51.0%	12.0%	-20.4%	-3.4%	—	—	$485M
Jul '23	$2.1B	-$57M	52.8%	-0.4%	-2.1%	-0.4%	—	—	$807M
Apr '23	$2.7B	-$215M	49.6%	-5.9%	-7.4%	-1.5%	—	$6.6B	$799M
Dec '22	$3.5B	$508M	54.9%	14.6%	15.3%	3.5%	—	—	$571M
Oct '22	$3.1B	-$118M	51.4%	-2.9%	-3.8%	-0.9%	—	—	$553M
Jul '22	$2.3B	-$56M	53.9%	2.8%	-1.7%	-0.4%	—	—	$528M
Apr '22	$2.8B	$81M	51.9%	6.8%	2.3%	0.6%	—	$5.4B	$1.3B
Jan '22	$3.6B	$518M	56.1%	18.7%	14.2%	3.8%	—	—	$1.3B

Valuation over time

How the market has priced VFC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 6.5× (Mar '23) to 29.9× (Nov '26).
The price-to-sales ratio has risen from 0.8× (Mar '23) to 0.8× (Nov '26).
The dividend yield has fallen from 8.6% (Mar '23) to 1.8% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is VFC growing its revenue and profit?

Over the past 5 years, V F Corp's revenue has grown 0.8% per year, and net income declined 9.0% per year. These are computed facts, not advice.

How much debt does VFC have?

As of FY2026, V F Corp reported $3.5B of total debt against $824M of cash; operating income covered interest expense 3.5×.

What is VFC's profit margin?

In FY2026, gross margin was 54.8%, operating margin 6.0%, and net margin 2.7%.

What is VFC's P/E ratio?

V F Corp's P/E (TTM) is 20.64 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the VFC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 29.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.