VF Corp（VFC）の財務VFCVF Corp

VF Corp (VFC) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Wholesale, accounting for 55.4% of total sales, equivalent to $924.75M. Other significant revenue streams include Direct-to-consumer and Royalty. Understanding this composition is critical for investors evaluating how VFC navigates market cycles within the Apparel & Accessories industry.

Evaluating the bottom line, VF Corp maintains a gross margin of 54.94%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -5.50%, while the net margin is -5.82%. These profitability ratios, combined with a Return on Equity (ROE) of 17.94%, provide a clear picture of how effectively VFC converts its operational activities into shareholder value.

In the context of the broader market, VFC competes directly with industry leaders such as ZGN and CROX. With a market capitalization of $5.85B, it holds a significant position in the sector. When comparing efficiency, VFC's gross margin of 54.94% stands against ZGN's 67.48% and CROX's 59.41%. Such benchmarking helps identify whether VF Corp is trading at a premium or discount relative to its financial performance.

VF Corp's recent financials show mixed results; while Q1 2027 revenue was approximately $1.7 billion, flat year-over-year, net income has been inconsistent, with a reported net income of -$116 million in Q1 2026. The gross margin remains relatively strong at 56.71% as of Q4 2026, but the overall financial health is under pressure due to high debt levels and inconsistent brand performance.