Kontoor Brands, Inc. KTB
Kontoor Brands, Inc. (collectively with its subsidiaries, "Kontoor," the "Company," "we," "us" or "our") is a global lifestyle apparel company, with a portfolio led by three of the world's most iconic consumer brands: Wrangler®, Lee® and Helly Hansen®. The Company designs, manufactures, procures, sells and licenses apparel, footwear and accessories, primarily under the brand names Wrangler®, Lee® and Helly Hansen®. Our products are sold through wholesale and direct-to-consumer channels in the United States ("U.S.") and internationally, primarily in the Europe, Middle East and Africa ("EMEA"), Asia-Pacific ("APAC") and Non-U.S. Americas regions. We also license the use of our brands in certain regions.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.15B | $2.61B | $2.61B | $2.63B | $2.48B | $2.10B | $2.55B | $2.76B | $2.83B | — |
| Cost of revenue | $1.73B | $1.45B | $1.52B | $1.50B | $1.37B | $1.23B | $1.54B | $1.65B | $1.66B | — |
| Gross profit | $1.42B | $1.16B | $1.09B | $1.13B | $1.11B | $863.7M | $1.00B | $1.11B | $1.17B | — |
| SG&A | $1.09B | $819.3M | $768.6M | $777.7M | $824.7M | $739.9M | $803.4M | $781.5M | $814.5M | — |
| Total operating expenses | $2.82B | $2.27B | $2.29B | $2.27B | $2.19B | $1.97B | $2.38B | $2.43B | $2.47B | — |
| Operating income | $336.8M | $342.3M | $319.3M | $356.7M | $283.0M | $123.8M | $168.3M | $333.0M | $357.4M | — |
| Interest expense | $62.2M | $40.8M | $40.4M | $34.9M | $38.9M | $50.0M | $35.8M | $1.2M | $1.3M | — |
| Pre-tax income | $293.3M | $301.4M | $271.9M | $319.1M | $244.6M | $72.9M | $135.2M | $340.1M | $359.2M | — |
| Income tax | $71.2M | $55.6M | $40.9M | $73.6M | $49.2M | $5.0M | $38.5M | $77.0M | $243.0M | — |
| Net income | $227.5M | $245.8M | $231.0M | $245.5M | $195.4M | $67.9M | $96.7M | $263.1M | $116.2M | — |
| EPS, basic | 4.10 | 4.42 | 4.13 | 4.40 | 3.40 | 1.19 | 1.71 | 4.64 | 2.05 | — |
| EPS, diluted | 4.05 | 4.36 | 4.06 | 4.31 | 3.31 | 1.17 | 1.69 | 4.64 | 2.05 | — |
| Shares, diluted (wtd. avg.) | $56.1M | $56.3M | $56.9M | $57.0M | $59.1M | $57.9M | $57.2M | $56.6M | $56.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $108.4M | $334.1M | $215.1M | $59.2M | $185.3M | $248.1M | $106.8M | $96.8M | $80.8M | $86.8M |
| Receivables | $276.4M | $243.7M | $217.7M | $225.9M | $289.8M | $231.4M | $228.5M | $253.0M | — | — |
| Inventory | $566.7M | $390.2M | $500.4M | $596.8M | $363.0M | $340.7M | $458.1M | $473.8M | — | — |
| Total current assets | $1.08B | $1.06B | $1.04B | $982.3M | $910.7M | $901.7M | $877.6M | $1.94B | — | — |
| Property, plant and equipment | $130.7M | $103.3M | $112.0M | $104.5M | $105.2M | $118.9M | $132.2M | $138.4M | $132.2M | $138.4M |
| Goodwill | $531.1M | $208.8M | $209.9M | $209.6M | $212.2M | $213.4M | $212.8M | $214.5M | $219.3M | — |
| Other intangibles | $450.4M | $11.2M | $12.5M | $13.4M | $14.6M | $16.0M | $17.3M | $53.1M | — | — |
| Total assets | $2.58B | $1.65B | $1.65B | $1.58B | $1.53B | $1.55B | $1.52B | $2.46B | — | — |
| Accounts payable | $245.1M | $179.7M | $180.2M | $206.3M | $214.2M | $167.2M | $147.3M | $134.1M | — | — |
| Short-term debt | $8.8M | $0 | $20.0M | $10.0M | $0 | $25.0M | $0 | $3.2M | — | — |
| Total current liabilities | $593.6M | $393.9M | $392.6M | $440.4M | $455.8M | $413.6M | $378.6M | $616.8M | — | — |
| Long-term debt | $1.13B | $740.3M | $763.9M | $782.6M | $791.3M | $888.0M | $913.3M | $0 | — | — |
| Total liabilities | $2.02B | $1.25B | $1.27B | $1.33B | $1.38B | $1.46B | $1.45B | $735.0M | — | — |
| Retained earnings | $274.3M | $200.0M | $166.6M | $86.7M | $22.6M | $7.2M | -$1.7M | $0 | — | — |
| Total equity | $564.9M | $400.1M | $371.9M | $250.8M | $148.1M | $84.6M | $69.3M | $1.72B | $1.36B | $1.39B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $455.8M | $368.2M | $356.5M | $83.6M | $283.9M | $242.0M | $777.8M | -$96.3M | $168.6M | — |
| Depreciation and amortisation | $47.8M | $42.6M | $38.0M | $37.1M | $36.6M | $34.5M | $30.8M | $31.0M | $26.1M | — |
| Stock-based compensation | $39.1M | $26.6M | $16.7M | $21.9M | $38.5M | $15.9M | $23.8M | $14.9M | $13.0M | — |
| Capital expenditure | $21.0M | $18.8M | $27.4M | $18.4M | $10.6M | $18.2M | $22.7M | $21.0M | $25.6M | — |
| Investing cash flow | -$898.8M | -$22.3M | -$39.1M | -$30.1M | -$39.4M | -$49.1M | $483.9M | $11.3M | -$57.6M | — |
| Financing cash flow | $246.8M | -$240.4M | -$155.7M | -$170.9M | -$304.1M | -$57.7M | -$1.25B | $106.3M | -$119.8M | — |
| Dividends paid | $116.1M | $112.1M | $108.6M | $103.7M | $95.1M | $54.8M | $63.6M | $0 | $0 | — |
| Buybacks | $25.0M | $85.7M | $30.1M | $62.5M | $75.5M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001760965-26-000014.
Others in SIC 2320
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CTAS | CINTAS CORP | $80.22B | 40.8x | 8.9% |
| RL | RALPH LAUREN CORP | $21.11B | 23.2x | 14.6% |
| VFC | V F CORP | $5.27B | 21.0x | 1.1% |
| PVH | PVH CORP. /DE/ | $3.43B | 142.9x | 3.4% |
| OXM | OXFORD INDUSTRIES INC | $462.4M | — | -2.6% |