Gross Margin % is calculated as gross profit divided by its revenue. PVH's Gross Profit for the
three
months ended in Jan. 2024 was $1,501 Mil. PVH's Revenue for the
three
months ended in Jan. 2024 was $2,490 Mil. Therefore, PVH's Gross Margin % for the quarter that ended in Jan. 2024 was 60.29%.
The historical rank and industry rank for PVH's Gross Margin % or its related term are showing as below:
PVH'
s Gross Margin % Range Over the Past 10 Years
Min: 51.89 Med: 54.64 Max: 58.18
Current: 58.18
During the past 13 years, the highestGross Margin % of PVH was 58.18%. The lowest was 51.89%. And the median was 54.64%.
PVH had a gross margin of 60.29% for the quarter that ended in Jan. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PVH was 1.50% per year.
PVH Gross Margin % Historical Data
The historical data trend for PVH's Gross Margin % 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.
For the Apparel Manufacturing subindustry, PVH's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PVH's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
PVH (NYSE:PVH) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
PVH had a gross margin of 60.29% for the quarter that ended in Jan. 2024 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
PVH Gross Margin % Related Terms
Thank you for viewing the detailed overview of PVH's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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