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PVH (PVH) EBIT : $940 Mil (TTM As of Jan. 2024)


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What is PVH EBIT?

PVH's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $361 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $940 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PVH's annualized ROC % for the quarter that ended in Jan. 2024 was 12.01%. PVH's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 48.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PVH's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 10.20%.


PVH EBIT Historical Data

The historical data trend for PVH's EBIT 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.

* Premium members only.

PVH EBIT Chart

PVH Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.00 -1,067.50 1,081.30 477.80 940.30

PVH Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 299.50 202.10 145.60 231.90 360.70

Competitive Comparison of PVH's EBIT

For the Apparel Manufacturing subindustry, PVH's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PVH's EV-to-EBIT falls into.



PVH EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $940 Mil.

* 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  (NYSE:PVH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PVH's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=1328.4 * ( 1 - 19.32% )/( (9015.1 + 8835.1)/ 2 )
=1071.75312/8925.1
=12.01 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

PVH's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1442.8/( ( (2082.6 + max(1129.5, 0)) + (2076.4 + max(633.1, 0)) )/ 2 )
=1442.8/( ( 3212.1 + 2709.5 )/ 2 )
=1442.8/2960.8
=48.73 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1045.4 + 1476.9 + 450) - (1794.4 + 48.4 + -4.5474735088646E-13)
=1129.5

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(793.3 + 1419.7 + 325.2) - (1849.6 + 55.5 + 0)
=633.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PVH's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=940.3/9217.654
=10.20 %

* 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 EBIT Related Terms

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PVH (PVH) Business Description

Traded in Other Exchanges
Address
285 Madison Avenue, New York, NY, USA, 10017
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 all its revenue after its recent disposition of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.
Executives
Mark D Fischer officer: EVP, General Counsel & Sec. C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Julie Fuller officer: Chief People Officer 200 MADISON AVENUE, NEW YORK NY 10016
Martijn Hagman officer: CEO, PVH Europe C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Eva Serrano officer: Global Brand President, CK C/O PVH CORP, 285 MADISONAVENUE, NEW YORK NY 10017
James Holmes officer: EVP & Controller C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Zachary Coughlin officer: EVP, Chief Financial Officer 285 MADISON AVENUE, NEW YORK NY 10017
Stefan Larsson director, officer: Chief Executive Officer TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Ajay Bhalla director 2000 PURCHASE STREET, PURCHASE NY 10577
Sourry Knox Judith Amanda director C/O 200 MADISON AVENUE, NEW YORK NY 10016
Brent Callinicos director C/O 706 MISSION STREET, SAN FRANCISCO CA 94103
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Vincent James Marino director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Joseph B Fuller director TWO CANAL PARK, CAMBRIDGE MA 02141
George Cheeks director 200 MADISON AVENUE, NEW YORK NY 10016
Allison Peterson director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423

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