PVH PVH Corp. Common Stock
About PVH Corp. Common Stock Company overview from Wikipedia
PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.
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PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.
Organization
PVH is headquartered in Manhattan, New York City, with policy-making offices in Bridgewater, New Jersey, and handling plants in Jonesville, North Carolina, McDonough, Georgia, and Palmetto, Georgia.
In September 2020, PVH announced that Stefan Larsson was named CEO on February 1, 2021, succeeding Emanuel Chirico, who remains as chairman.
As of April 2023, globally, PVH had over 120,000 employees and was positioned in India, Sri Lanka, Bangladesh, China, Hong Kong, Philippines, Indonesia, Mongolia, Thailand, Malaysia, Taiwan, Singapore, Vietnam and Honduras.
History
19th to early 20th century
The history of Phillips-Van Heusen goes back in part to Dramin Jones, a Prussian immigrant who founded the shirt manufacturing company D. Jones & Sons, c. 1865. Separately, in 1881, Moses Phillips and his wife Endel began sewing shirts by hand and selling them from pushcarts to local anthracite coal-miners in Pottsville, Pennsylvania. This grew into a shirt business in New York City that placed one of the first ever shirt advertisements in the Saturday Evening Post. D. Jones & Sons merged with M. Phillips & Sons in 1907 under the name Phillips-Jones after Dramin Jones's death in 1903. Later Isaac Phillips met John Van Heusen, resulting both in their most popular line of shirts (Van Heusen), and in the subsequent acquisition of Van Heusen by Phillips-Jones and its renaming to Phillips-Van Heusen in 1957.
PVH is partly named after Dutch immigrant John Manning van Heusen, who in 1910 invented a new process that fused cloth on a curve.
20th century
The Phillips-Jones Corporation received a patent for a self-folding collar in 1919; the corporation released the product to the public in 1921 and it became successful. The first collar-attached shirt was introduced in 1929. The Bass Weejun was introduced in 1936. Geoffrey Beene shirts were launched in 1982. In 1987, Phillips-Van Heusen acquired G. H. Bass. In 1995, the corporation acquired the Izod brand, followed by the Arrow brand in 2000, and the Calvin Klein company in 2002.
21st century
In 2004, PVH began manufacturing clothing for the Donald J. Trump Signature Collection as part of a licensing agreement with Donald Trump.
After acquiring Superba, Inc., in January 2007, PVH owned necktie licenses for brands such as Arrow, DKNY, Tommy Hilfiger, Nautica, Perry Ellis, Ted Baker, Michael Kors, JOE Joseph Abboud, Original Penguin and Jones New York. The corporation began making men's clothing under the Timberland name in 2008, with women's clothing following in 2009, under a licensing agreement.
On March 15, 2010, Phillips-Van Heusen acquired Tommy Hilfiger for $3 billion. In the third quarter of 2010 losses made on the "Van Heusen" brand led to the decision to pull it out of all European trading markets. As of March 2011 the company sells no products under that name in Europe. All European staff became redundant as a result.
In 2011, Phillips-Van Heusen was renamed to PVH.
In February 2013, PVH acquired Warnaco Group, which manufactured the Calvin Klein underwear, jeans and sportswear lines under license, thus consolidating control of the Calvin Klein brand. The Warnaco acquisition also added the Warner's and Olga intimate apparel brands, as well as the Speedo swimwear brand (the latter in North America only). In November 2013 PVH sold the G.H. Bass brand and all of its assets, images and licenses to G-III Apparel Group.
PVH ended its licensing agreement with Trump in July 2015, after Macy's discontinued sales of his Trump Signature Collection due to controversial comments that he made regarding undocumented immigrants.
In 2017 Forbes ranked PVH 25th out of 890 companies on the "Just company" list.
In March 2017, PVH acquired lingerie brand True & Co.
In June 2018, PVH acquired the Geoffrey Beene clothing brand, which PVH previously produced under license. On August 28, 2018, PVH announced that it would expand the Izod brand to portions of Europe beginning with the Fall/Winter 2018 collection.
In December 2019, CNBC listed PVH along with 91 additional Fortune 500 companies that "paid an effective federal tax rate of 0% or less" in 2018 as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.
In January 2020, PVH sold back the rights for the Speedo swimwear brand, previously marketed under "Speedo USA" and "Speedo North America", back to Speedo's international parent, the British Pentland Group for $170 million.
In May 2021, PVH was exploring a sale of the Heritage Brands division consisting of Van Heusen, Izod, Arrow, Warner's, Olga, True & Co., and Geoffrey Beene, with Authentic Brands Group as a potential buyer. The sale to ABG was officially announced on June 23, 2021, consisting of Izod, Van Heusen, Arrow, and Geoffrey Beene. The sale closed on August 2, 2021. Under Authentic Brands Group, United Legwear & Apparel Company was granted the license for the Van Heusen, Arrow, and Geoffrey Beene brands, while Centric Brands was granted the license for the Izod brand.
A sale of the Warner's, Olga, and True&Co brands to Basic Resources followed in November 2023.
In July 2022, PVH announced the creation of the first sustainable supply chain finance program tied to environment and social factors, in partnership with HSBC Bank USA.
On February 4, 2025, China placed PVH Corp on its "Unreliable Entities List" as part of its response to U.S. President Donald Trump's second round of tariffs against it. The company said it was "surprised and deeply disappointed" by the decision as it said it had operated in China in "strict compliance with all relevant laws and regulations and operates in line with established industry standards and practices." PVH had been under investigation by Chinese regulators for allegedly boycotting the use of cotton from Xinjiang.
Distribution
PVH provides products to many popular department stores, such as JCPenney, Macy's, Myer, David Jones, Kohl's, Belk and Dillard's as well as online retailer Amazon both through its own labels and private label agreements. PVH also sells its products directly to customers through about 700 outlet stores under the brand names Van Heusen, Tommy Hilfiger and Calvin Klein.
The Calvin Klein stores sell the full range of products at full price, differing from existing outlet stores. These stores range from 10,000 square feet (930 m2) to 20,000 square feet (1,900 m2).
The brands are sold in different price segments; for the dresswear and business-casual brands, from lowest to highest priced are Arrow, Van Heusen, Geoffrey Beene, Pierre Cardin and Calvin Klein. For the preppy-styled brands, Izod occupies a more moderate price range while Tommy Hilfiger occupies a more premium segment.
Phillips-Van Heusen closed its Geoffrey Beene outlet retail division in 2008. Approximately 25 percent of the Geoffrey Beene outlet stores became Calvin Klein stores, while the remaining 75 percent of stores closed entirely. The company continued to license the Geoffrey Beene brand name for Geoffrey Beene brand dress shirts and men's sportswear until 2018 when it acquired the brand outright. In 2015, PVH closed its Izod retail division due to an increasing competitive environment driven by more premium brands in the outlet retail channel; this did not affect Izod's wholesale business to department stores and online retailers. Select Izod products are now available at some Van Heusen stores; initially this only included the golf line, but now includes products from Izod's other lines (mostly from the Advantage and Saltwater lines). In July 2018, PVH launched a direct online sales platform on the Izod and Van Heusen websites where both brands are featured and can be cross-shopped on each other's site. On July 14, 2020, PVH announced that it would close its remaining Heritage Brands retail outlets operating mainly under the Van Heusen/Izod Golf names. The Izod and Van Heusen brands are not being discontinued; the wholesale business, which sells their product to department stores, warehouse clubs, and online retailers, is not affected. The direct online sales platform for the Izod and Van Heusen brands will also remain active.
Marketing
In October 2007, PVH took over naming rights to the Meadowlands Sports Complex arena in East Rutherford, New Jersey. The arena's name was changed to the Izod Center, effective on October 31, 2007. PVH paid about $1.4 million a year for two years, then paid $750,000 a year in addition to $100,000 per year to supply arena employees with Izod uniforms. In 2015, the Izod Center was permanently closed.
Controversies
Sexist advertising
The "Show Her It's a Man's World" 1951 for Van Heusen ties has since been cited in academic literature regarding the history of advertising and media perpetuation of harmful, sexist gender stereotypes. The ad featured a man sitting comfortably in bed, wearing only a Van Heusen shirt and tie, while a woman is depicted on her knees beside the bed, smiling as she serves him breakfast on a tray, with headline declaring, "Show her it's a man's world," positioning the tie as a tool to establish a patriarchic hierarchy.
Environmental practices
In July 2011, PVH—along with other major fashion and sportswear brands including Nike, Adidas and Abercrombie & Fitch—was the subject of a report by the environmental group Greenpeace entitled "Dirty Laundry". PVH is accused of working with suppliers in China who, according to the findings of the report, contribute to the pollution of the Yangtze and Pearl Rivers. Samples taken from one facility belonging to the Youngor Group located on the Yangtze River Delta and another belonging to the Well Dyeing Factory Ltd. located on a tributary of the Pearl River Delta revealed the presence of hazardous and persistent hormone disruptor chemicals, including alkylphenols, perfluorinated compounds, and perfluorooctane sulfonate.
In 2020, PVH announced for its sustainability policy for its Izod and Van Heusen brands to eliminate single use plastic from packaging by 2024, and use 100% sustainable cotton, polyester, and nylon by 2025.
Use of animals
Concerns have arisen about PVH's practices with regards to animal testing. In 2020, PVH announced that as part of their animal welfare policy, the company does not use exotic skins and would be banning their use in Tommy Hilfiger and Calvin Klein collections when "our annual update of that policy is released."
Tax avoidance
In 2018 PVH along with 90 additional Fortune 500 companies had "paid an effective federal tax rate of 0% or less" as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
PVH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
PVH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| June 3, 2026 | $0.0380 |
| March 4, 2026 | $0.0380 |
| Nov. 26, 2025 | $0.0380 |
| Sept. 3, 2025 | $0.0380 |
| June 4, 2025 | $0.0380 |
| March 5, 2025 | $0.0380 |
| Nov. 27, 2024 | $0.0380 |
| Sept. 4, 2024 | $0.0380 |
| June 5, 2024 | $0.0380 |
| March 5, 2024 | $0.0380 |
| Nov. 28, 2023 | $0.0380 |
| Sept. 5, 2023 | $0.0380 |
| June 6, 2023 | $0.0380 |
| March 7, 2023 | $0.0380 |
| Nov. 29, 2022 | $0.0380 |
| Sept. 6, 2022 | $0.0380 |
| June 7, 2022 | $0.0380 |
| March 10, 2022 | $0.0380 |
| Nov. 23, 2021 | $0.0380 |
| March 19, 2020 | $0.0380 |
PVH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 5 27.8%
- Buy 5 27.8%
- Hold 7 38.9%
- Sell 1 5.6%
- Strong Sell 0 0.0%
12-Month Price Target
12 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| March 31, 2027 | $2.01 | $1.89 | — |
| June 30, 2026 | $2.01 | $1.89 | 0.12% |
| March 31, 2026 | $3.82 | $3.34 | 0.48% |
| Dec. 31, 2025 | $2.83 | $2.58 | 0.25% |
| Sept. 30, 2025 | $2.52 | $2.02 | 0.49% |
| June 30, 2025 | $2.30 | $2.27 | 0.03% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PVH | — | 119.9 | 3.4% | 0.28% | 0.52% | 57.5% |
| RL | $44.39B | 21.7 | 14.6% | 11.6% | 34.7% | 69.9% |
| LEVI | $8.60B | 15.2 | 4.1% | 9.2% | 26.5% | 61.7% |
| VFC | $6.42B | 25.6 | 1.1% | 2.6% | 15.3% | — |
| KTB | $3.40B | 15.2 | 20.9% | 7.2% | 42.8% | — |
| COLM | — | 17.0 | 0.85% | 5.2% | 10.5% | 50.5% |
| FIGS | — | 59.8 | 13.6% | 5.4% | 8.2% | 66.5% |
| UAA | — | -5.1 | -3.8% | -10.0% | -30.3% | 45.5% |
| GIII | — | 19.0 | -7.0% | 2.3% | 3.9% | 39.4% |
| CRI | $1.21B | 13.1 | 1.9% | 3.2% | 10.3% | 45.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.95B | $8.65B | $9.22B | $9.02B | $9.15B | $7.13B | $9.91B | $9.66B | $8.91B | $8.20B | $8.02B | $8.24B | |
| Cost of Revenue | $3.80B | $3.51B | $3.85B | $3.90B | $3.83B | $3.36B | $4.52B | $4.35B | $4.02B | $3.83B | $3.86B | $3.91B | |
| Gross Profit | $5.15B | $5.14B | $5.36B | $5.12B | $5.32B | $3.78B | $5.39B | $5.31B | $4.89B | $4.37B | $4.16B | $4.33B | |
| SG&A Expense | $4.49B | $4.41B | $4.54B | $4.38B | $4.45B | $3.98B | $4.72B | $4.43B | $4.25B | $3.68B | $3.42B | $3.71B | |
| Operating Income | $231M | $772M | $929M | $471M | $1.08B | $-1.07B | $559M | $892M | $632M | $789M | $760M | $530M | |
| Interest Expense | $94M | $90M | $99M | $90M | $109M | $126M | $120M | $121M | $128M | $121M | $117M | $144M | |
| Interest Income | $15M | $23M | $12M | $7M | $4M | $4M | $5M | $5M | $6M | $6M | $4M | $5M | |
| Pretax Income | $151M | $706M | $841M | $388M | $973M | $-1.19B | $444M | $776M | $510M | $674M | $648M | $391M | |
| Income Tax | $126M | $107M | $177M | $188M | $21M | $-56M | $29M | $31M | $-26M | $126M | $75M | $-48M | |
| Net Income | $25M | $598M | $664M | $200M | $952M | $-1.14B | $417M | $746M | $538M | $549M | $572M | $439M | |
| EPS (Basic) | $0.53 | $10.69 | $10.88 | $3.05 | $13.45 | $-15.96 | $5.63 | $9.75 | $6.93 | $6.84 | $6.95 | $5.33 | |
| EPS (Diluted) | $0.52 | $10.56 | $10.76 | $3.03 | $13.25 | $-15.96 | $5.60 | $9.65 | $6.84 | $6.79 | $6.89 | $5.27 | |
| Shares (Basic) | 48,100,000 | 56,000,000 | 61,000,000 | 65,700,000 | 70,800,000 | 71,200,000 | 74,200,000 | 76,500,000 | 77,600,000 | 80,200,000 | 82,400,000 | 82,400,000 | |
| Shares (Diluted) | 48,500,000 | 56,700,000 | 61,700,000 | 66,200,000 | 71,900,000 | 71,200,000 | 74,600,000 | 77,300,000 | 78,600,000 | 80,900,000 | 83,100,000 | 83,300,000 | |
| EBITDA | $503M | $1.05B | $1.23B | $772M | $1.39B | $-746M | $882M | $1.23B | $957M | $1.11B | $1.02B | $245M |
Balance Sheet 28
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $702M | $748M | $708M | $551M | $1.24B | $1.65B | $503M | $452M | $494M | $730M | $556M | $479M | |
| Receivables | $995M | $851M | $793M | $924M | $745M | $642M | $741M | $778M | $658M | $616M | $657M | $706M | |
| Inventory | $1.58B | $1.51B | $1.42B | $1.80B | $1.35B | $1.42B | $1.62B | $1.73B | $1.59B | $1.32B | $1.32B | $1.26B | |
| Prepaid Expense | $219M | $210M | $238M | $209M | $169M | $158M | $160M | $169M | $184M | $133M | $150M | $141M | |
| Other Current Assets | $71M | $144M | $88M | $73M | $128M | $50M | $113M | $82M | $65M | $57M | $75M | $165M | |
| Current Assets | $3.61B | $3.49B | $3.26B | $3.58B | $3.65B | $3.94B | $3.39B | $3.24B | $3.03B | $2.88B | $2.80B | $2.79B | |
| PP&E (Net) | $673M | $741M | $863M | $904M | $906M | $943M | $1.03B | $984M | $900M | $760M | $745M | $726M | |
| PP&E (Gross) | $2.90B | $2.72B | $2.76B | $2.80B | $2.65B | $2.69B | $2.61B | $2.40B | $2.13B | $1.81B | $1.64B | $1.51B | |
| Accum. Depreciation | $2.23B | $1.98B | $1.90B | $1.90B | $1.75B | $1.75B | $1.58B | $1.41B | $1.23B | $1.05B | $892M | $787M | |
| Goodwill | $2.02B | $2.26B | $2.32B | $2.36B | $2.83B | $2.95B | $3.68B | $3.67B | $3.83B | $3.47B | $3.22B | $3.26B | |
| Intangibles | $3.10B | $3.02B | $3.10B | $3.25B | $3.31B | $3.52B | $3.48B | $3.57B | $3.73B | $3.61B | $3.65B | $3.78B | |
| Other Non-current Assets | $422M | $366M | $417M | $379M | $352M | $370M | $376M | $401M | $394M | $348M | $259M | $273M | |
| Total Assets | $11.68B | $11.03B | $11.17B | $11.77B | $12.40B | $13.29B | $13.63B | $11.86B | $11.89B | $11.07B | $10.67B | $10.80B | |
| Accounts Payable | $1.15B | $1.15B | $1.07B | $1.33B | $1.22B | $1.12B | $883M | $924M | $890M | $683M | $636M | $565M | |
| Accrued Liabilities | $821M | $736M | $776M | $874M | $1.10B | $940M | $930M | $892M | $923M | $832M | $696M | $724M | |
| Short-term Debt | $0 | $0 | $0 | $46M | $11M | $0 | $50M | $13M | $20M | $19M | $26M | $8M | |
| Current Liabilities | $2.38B | $2.74B | $2.77B | $2.77B | $2.79B | $2.58B | $2.36B | $1.89B | $1.87B | $1.56B | $1.53B | $1.43B | |
| Capital Leases | $1.65B | $1.01B | $1.08B | $1.14B | $1.21B | $1.43B | $1.53B | $0 | · | · | · | · | |
| Deferred Tax | · | · | · | · | · | · | $558M | $565M | $663M | $878M | $836M | $898M | |
| Other Non-current Liabilities | $573M | $560M | $615M | $671M | $788M | $1.04B | $1.23B | $1.32B | $1.41B | $1.50B | $1.56B | $1.59B | |
| Long-term Debt | $2.30B | $2.09B | $2.17B | $2.29B | $2.35B | $3.55B | $2.71B | $2.82B | $3.06B | $3.20B | $3.17B | $3.54B | |
| Total Debt | $2.30B | $2.09B | $2.17B | $2.34B | $2.36B | $3.55B | $2.76B | $2.83B | $3.08B | $3.22B | $3.22B | $3.55B | |
| Common Stock | $90M | $89M | $89M | $88M | $87M | $86M | $86M | $85M | $85M | $84M | $84M | $83M | |
| Retained Earnings | $6.01B | $6.00B | $5.41B | $4.75B | $4.56B | $3.61B | $4.75B | $4.35B | $3.63B | $3.10B | $2.56B | $2.00B | |
| Treasury Stock | $4.09B | $3.46B | $2.94B | $2.36B | $1.95B | $1.58B | $1.46B | $1.12B | $793M | $533M | $211M | $72M | |
| AOCI | $-689M | $-857M | $-754M | $-713M | $-613M | $-519M | $-640M | $-508M | $-322M | $-711M | $-704M | $-416M | |
| Stockholders' Equity | $4.79B | $5.14B | $5.12B | $5.01B | $5.29B | $4.73B | $5.81B | $5.83B | $5.54B | $4.80B | $4.55B | $4.36B | |
| Liabilities + Equity | $11.68B | $11.03B | $11.17B | $11.77B | $12.40B | $13.29B | $13.63B | $11.86B | $11.89B | $11.07B | $10.67B | $10.82B |
Cash Flow 17
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $272M | $282M | $299M | $302M | $313M | $326M | $324M | $335M | $325M | $322M | $257M | $245M | |
| Stock-based Comp | $44M | $54M | $52M | $47M | $47M | $50M | $56M | $56M | $45M | $38M | $42M | $49M | |
| Deferred Tax | $-44M | $-26M | $-14M | $10M | $-65M | $-145M | $-73M | $-113M | $-225M | $1M | $-9M | $-31M | |
| Amort. of Intangibles | $17M | $22M | $23M | $32M | $34M | $34M | $40M | $63M | $65M | $86M | $40M | $45M | |
| Other Non-cash | $383M | $-168M | $-30M | $-519M | $-176M | $1.60B | $296M | $-172M | $17M | $44M | $36M | $88M | |
| Operating Cash Flow | $680M | $741M | $969M | $39M | $1.07B | $698M | $1.02B | $852M | $644M | $903M | $905M | $789M | |
| CapEx | $142M | $159M | $245M | $290M | $268M | $227M | $345M | $380M | $358M | $247M | $264M | $256M | |
| Investing Cash Flow | $-140M | $-138M | $-85M | $-278M | $-45M | $-59M | $-506M | $-395M | $-403M | $-427M | $-322M | $-358M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | $390M | $0 | $0 | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | $390M | · | · | |
| Stock Repurchased | $578M | $525M | $570M | $419M | $361M | $117M | $345M | $325M | $259M | $322M | $138M | $11M | |
| Net Stock Activity | $-578M | $-525M | $-570M | $-419M | $-361M | $-117M | $-345M | $-325M | $-259M | $-322M | $-138M | $-11M | |
| Financing Cash Flow | $-606M | $-550M | $-722M | $-428M | $-1.40B | $477M | $-452M | $-478M | $-509M | $-305M | $-484M | $-514M | |
| Net Change in Cash | $-46M | $40M | $157M | $-692M | $-409M | $1.15B | $51M | $-42M | $-236M | $174M | $77M | $-114M | |
| Taxes Paid | $182M | $166M | $210M | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $538M | $582M | $725M | $-251M | $803M | $471M | $675M | $473M | $342M | $708M | $636M | $533M | |
| Levered FCF | $523M | $506M | $646M | $-297M | $697M | $351M | $563M | $357M | $207M | $610M | $532M | $372M |
Profitability 8
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.5% | 59.4% | 58.2% | 56.8% | 58.2% | 52.9% | 54.4% | 55.0% | 54.9% | 53.3% | 51.9% | 52.5% | |
| Operating Margin | 2.6% | 8.9% | 10.1% | 5.2% | 11.8% | -15.0% | 5.6% | 9.2% | 7.1% | 9.6% | 9.5% | · | |
| Net Margin | 0.28% | 6.9% | 7.2% | 2.2% | 10.4% | -15.9% | 4.2% | 7.7% | 6.0% | 6.7% | 7.1% | 5.3% | |
| Pretax Margin | 1.7% | 8.2% | 9.1% | 4.3% | 10.6% | -16.7% | 4.5% | 8.0% | 5.7% | 8.2% | 8.1% | 4.8% | |
| EBITDA Margin | 5.6% | 12.2% | 13.3% | 8.6% | 15.2% | -10.5% | 8.9% | 12.7% | 10.7% | 13.5% | 12.7% | 3.0% | |
| ROA | 0.22% | 5.4% | 5.9% | 1.7% | 7.5% | -8.6% | 3.0% | 6.3% | 4.6% | 5.0% | 5.3% | 4.0% | |
| ROE | 0.52% | 11.5% | 13.1% | 4.1% | 18.2% | -24.2% | 7.1% | 13.0% | 10.0% | 11.4% | 12.6% | 9.8% | |
| ROIC | 0.54% | 9.1% | 10.1% | 3.3% | 13.8% | -12.3% | 6.1% | 9.9% | 7.7% | 8.0% | 8.6% | · |
Liquidity & Solvency 5
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 1.3 | 1.2 | 1.3 | 1.3 | 1.5 | 1.4 | 1.7 | 1.6 | 1.8 | 1.8 | 2.0 | |
| Quick Ratio | 0.7 | 0.6 | 0.5 | 0.5 | 0.7 | 0.9 | 0.5 | 0.6 | 0.6 | 0.9 | 0.8 | 0.8 | |
| Debt / Equity | 0.5 | 0.4 | 0.4 | 0.5 | 0.4 | 0.8 | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 | |
| LT Debt / Equity | 0.5 | 0.3 | 0.3 | 0.4 | 0.4 | 0.7 | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 | |
| Interest Coverage | 2.4 | 8.6 | 9.4 | 5.3 | 9.9 | -8.5 | 4.7 | 7.4 | 4.9 | 6.5 | 6.5 | · |
Efficiency 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.5 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | |
| Inventory Turnover | 2.5 | 2.3 | 2.7 | 2.2 | 2.8 | 2.3 | 2.7 | 2.5 | 2.6 | 3.0 | 2.9 | 3.1 | |
| Receivables Turnover | 9.7 | 9.5 | 10.0 | 9.5 | 11.1 | 9.9 | 11.6 | 11.3 | 12.0 | 11.9 | 10.8 | 10.4 |
Growth Rates 7
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 3.4% | -6.1% | 2.1% | -1.4% | 28.3% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -0.27% | -1.9% | 8.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -95.1% | -1.9% | 255.1% | -77.1% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -44.4% | -7.3% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -95.8% | -9.8% | 231.1% | -79.0% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -49.8% | -14.3% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 4
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $8.95B | $8.65B | $9.22B | $9.02B | $9.15B | $7.13B | $9.91B | $9.66B | $8.91B | $8.20B | $8.02B | $8.24B | |
| Net Income TTM | $25M | $598M | $664M | $200M | $952M | $-1.14B | $417M | $746M | $538M | $549M | $572M | $439M | |
| P/E | 119.9 | 8.5 | 11.3 | 29.0 | 7.0 | -5.3 | 15.6 | 11.3 | 22.1 | 13.3 | 10.7 | 20.9 | |
| Earnings Yield | 0.83% | 11.8% | 8.9% | 3.5% | 14.2% | -18.7% | 6.4% | 8.9% | 4.5% | 7.5% | 9.4% | 4.8% |
Income Statement 15
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.03B | $2.51B | $2.29B | $2.17B | $1.98B | $2.37B | $2.26B | $2.07B | $1.95B | $2.49B | $2.36B | $2.21B | $2.16B | $2.49B | $2.28B | $2.13B | |
| Cost of Revenue | $839M | $1.06B | $1.00B | $916M | $822M | $990M | $938M | $828M | $753M | $989M | $1.02B | $935M | $908M | $1.10B | $1.01B | $912M | |
| Gross Profit | $1.19B | $1.44B | $1.29B | $1.25B | $1.16B | $1.38B | $1.32B | $1.25B | $1.20B | $1.50B | $1.34B | $1.27B | $1.25B | $1.39B | $1.27B | $1.22B | |
| SG&A Expense | $1.07B | $1.22B | $1.12B | $1.13B | $1.02B | $1.16B | $1.15B | $1.08B | $1.02B | $1.22B | $1.12B | $1.14B | $1.06B | $1.18B | $1.08B | $1.07B | |
| Operating Income | $124M | $249M | $181M | $133M | $-332M | $210M | $183M | $174M | $205M | $357M | $230M | $143M | $199M | $297M | $-214M | $177M | |
| Interest Expense | $23M | $23M | $23M | $26M | $22M | $21M | $23M | $23M | $23M | $24M | $24M | $26M | $25M | $24M | $21M | $22M | |
| Interest Income | $7M | $3M | $3M | $4M | $5M | $7M | $7M | $4M | $6M | $4M | $2M | $2M | $3M | $2M | $2M | $2M | |
| Pretax Income | $108M | $229M | $160M | $111M | $-350M | $196M | $167M | $155M | $187M | $337M | $208M | $120M | $177M | $276M | $-233M | $157M | |
| Income Tax | $20M | $388M | $156M | $-113M | $-305M | $39M | $35M | $-3M | $36M | $65M | $46M | $26M | $41M | $137M | $-46M | $41M | |
| Net Income | $88M | $-158M | $4M | $224M | $-45M | $157M | $132M | $158M | $151M | $272M | $162M | $94M | $136M | $139M | $-187M | $115M | |
| EPS (Basic) | $1.92 | $-3.34 | $0.09 | $4.66 | $-0.88 | $2.86 | $2.37 | $2.83 | $2.63 | $4.51 | $2.68 | $1.52 | $2.17 | $2.24 | $-2.88 | $1.73 | |
| EPS (Diluted) | $1.90 | $-3.32 | $0.09 | $4.63 | $-0.88 | $2.83 | $2.34 | $2.80 | $2.59 | $4.46 | $2.66 | $1.50 | $2.14 | $2.25 | $-2.88 | $1.72 | |
| Shares (Basic) | 45,900,000 | -98,400,000 | 47,300,000 | 48,100,000 | 51,100,000 | -113,200,000 | 55,800,000 | 55,900,000 | 57,500,000 | -124,100,000 | 60,300,000 | 62,100,000 | 62,700,000 | -133,700,000 | 64,800,000 | 66,600,000 | |
| Shares (Diluted) | 46,400,000 | -99,000,000 | 47,900,000 | 48,500,000 | 51,100,000 | -114,500,000 | 56,300,000 | 56,500,000 | 58,400,000 | -125,300,000 | 60,800,000 | 62,700,000 | 63,500,000 | -134,300,000 | 64,800,000 | 67,000,000 | |
| EBITDA | $187M | · | $250M | $202M | $-264M | · | $183M | $174M | $277M | · | $230M | $143M | $271M | · | $-214M | $177M |
Balance Sheet 27
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $592M | $702M | $158M | $249M | $191M | $748M | $560M | $610M | $376M | · | $358M | $373M | $374M | · | $457M | $699M | |
| Receivables | $897M | $995M | $1.10B | $901M | $861M | $851M | $980M | $890M | $810M | · | $1.05B | $889M | $911M | · | $980M | $805M | |
| Inventory | $1.51B | $1.58B | $1.66B | $1.79B | $1.60B | $1.51B | $1.61B | $1.58B | $1.35B | $1.42B | $1.48B | $1.80B | $1.72B | · | $1.82B | $1.69B | |
| Prepaid Expense | $268M | $219M | $238M | $258M | $260M | $210M | $222M | $235M | $264M | · | $208M | $256M | $254M | · | $210M | $207M | |
| Other Current Assets | $73M | $71M | $78M | $65M | $97M | $144M | $90M | $80M | $90M | · | $102M | $80M | $79M | · | $164M | $150M | |
| Current Assets | $3.38B | $3.61B | $3.28B | $3.30B | $3.03B | $3.49B | $3.48B | $3.41B | $2.91B | · | $3.35B | $3.41B | $3.35B | · | $3.65B | $3.58B | |
| PP&E (Net) | $639M | $673M | $669M | $695M | $720M | $741M | $787M | $807M | $825M | $863M | $848M | $876M | $886M | $904M | $845M | $842M | |
| PP&E (Gross) | · | $2.90B | · | · | · | $2.72B | · | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | $2.23B | · | · | · | $1.98B | · | · | · | · | · | · | · | · | · | · | |
| Goodwill | $2.01B | $2.02B | $1.98B | $1.99B | $1.95B | $2.26B | $2.33B | $2.33B | $2.32B | $2.32B | $2.29B | $2.35B | $2.36B | $2.36B | $2.21B | $2.69B | |
| Intangibles | · | $3.10B | · | · | · | $3.02B | · | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $407M | $422M | $567M | $689M | $678M | $366M | $370M | $368M | $390M | · | $375M | $375M | $382M | · | $371M | $368M | |
| Total Assets | $11.34B | $11.68B | $11.42B | $11.63B | $10.67B | $11.03B | $11.24B | $11.24B | $10.79B | $11.17B | $11.17B | $11.54B | $11.49B | $11.77B | $11.41B | $11.92B | |
| Accounts Payable | $907M | $1.15B | $1.04B | $1.29B | $991M | $1.15B | $1.14B | $1.20B | $863M | · | $999M | $1.24B | $1.06B | · | $1.31B | $1.36B | |
| Accrued Liabilities | $704M | $821M | $798M | $729M | $764M | $736M | $706M | $676M | $643M | · | $795M | $774M | $802M | · | $892M | $845M | |
| Short-term Debt | $0 | $0 | $0 | $0 | $115M | $0 | $0 | $8M | $0 | · | $18M | $15M | $17M | · | $98M | $12M | |
| Current Liabilities | $2.01B | $2.38B | $2.24B | $2.41B | $2.73B | $2.74B | $2.69B | $2.76B | $1.88B | · | $2.85B | $3.12B | $2.40B | · | $2.71B | $2.66B | |
| Capital Leases | $1.60B | $1.65B | $1.66B | $1.69B | $1.09B | $1.01B | $1.05B | $1.07B | $1.10B | · | $1.09B | $1.14B | $1.12B | · | $1.07B | $1.11B | |
| Other Non-current Liabilities | $562M | $573M | $403M | $407M | $515M | $560M | $553M | $548M | $605M | · | $610M | $625M | $653M | · | $702M | $790M | |
| Long-term Debt | $2.28B | $2.30B | $2.26B | $2.27B | $2.23B | $2.09B | $2.17B | $2.18B | $2.16B | · | $2.24B | $2.31B | $2.31B | · | $2.15B | $2.19B | |
| Total Debt | · | · | $2.26B | $2.27B | $2.35B | · | $2.17B | $2.19B | $2.16B | · | $2.25B | $2.32B | $2.32B | · | $2.24B | $2.21B | |
| Common Stock | $90M | $90M | $90M | $90M | $89M | $89M | $89M | $89M | $89M | · | $88M | $88M | $88M | · | $88M | $88M | |
| Retained Earnings | $6.10B | $6.01B | $6.17B | $6.17B | $5.95B | $6.00B | $5.84B | $5.71B | $5.55B | · | $5.14B | $4.98B | $4.89B | · | $4.62B | $4.81B | |
| Treasury Stock | $4.10B | $4.09B | $4.09B | $3.89B | $3.89B | $3.46B | $3.21B | $3.18B | $3.15B | · | $2.65B | $2.58B | $2.36B | · | $2.29B | $2.18B | |
| AOCI | $-668M | $-689M | $-754M | $-757M | $-770M | $-857M | $-788M | $-775M | $-764M | · | $-805M | $-723M | $-742M | · | $-829M | $-726M | |
| Stockholders' Equity | $4.89B | $4.79B | $4.88B | $4.87B | $4.62B | $5.14B | $5.29B | $5.19B | $5.06B | $5.12B | $5.05B | $5.04B | $5.13B | $5.01B | $4.82B | $5.21B | |
| Liabilities + Equity | $11.34B | $11.68B | $11.42B | $11.63B | $10.67B | $11.03B | $11.24B | $11.24B | $10.79B | · | $11.17B | $11.54B | $11.49B | · | $11.41B | $11.92B |
Cash Flow 13
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $63M | $66M | $69M | $69M | $68M | $71M | $70M | $70M | $72M | $76M | $75M | $76M | $72M | $76M | $73M | · | |
| Stock-based Comp | $12M | $7M | $11M | $14M | $12M | $15M | $12M | $16M | $10M | $12M | $12M | $14M | $13M | $11M | $12M | · | |
| Deferred Tax | $-10M | $325M | $108M | $-136M | $-342M | $-14M | $-5M | $-2M | $-6M | $14M | $-7M | $-19M | $-3M | $92M | $-69M | · | |
| Other Non-cash | $-199M | · | · | · | $236M | · | · | · | $-295M | · | · | · | $-143M | · | · | · | |
| Operating Cash Flow | $-46M | $583M | $-44M | $213M | $-71M | $486M | $29M | $292M | $-67M | $658M | $116M | $121M | $-75M | $315M | $-439M | · | |
| CapEx | $40M | $44M | $41M | $31M | $27M | $43M | $40M | $37M | $39M | $81M | $47M | $58M | $58M | $95M | $86M | · | |
| Investing Cash Flow | $-42M | $-40M | $-41M | $-31M | $-28M | $-37M | $-29M | $-31M | $-41M | $80M | $-48M | $-58M | $-60M | $-96M | $-87M | · | |
| Stock Repurchased | $15M | $500.0K | $200.0K | $5M | $572M | $245M | $35M | $31M | $214M | $284M | $72M | $210M | $5M | $76M | $105M | · | |
| Net Stock Activity | $-15M | · | · | · | $-572M | · | · | · | $-214M | · | · | · | $-5M | · | · | · | |
| Financing Cash Flow | $-21M | $-6M | $-6M | $-131M | $-463M | $-250M | $-49M | $-29M | $-222M | $-391M | $-75M | $-217M | $-39M | $-143M | $-30M | · | |
| Net Change in Cash | $-109M | $543M | $-91M | $58M | $-557M | $188M | $-50M | $234M | $-331M | $350M | $-15M | $-1M | $-177M | $94M | $-242M | · | |
| Free Cash Flow | $-86M | · | · | · | $-98M | · | · | · | $-106M | · | · | · | $18M | · | · | · | |
| Levered FCF | $-104M | · | · | · | $-101M | · | · | · | $-124M | · | · | · | $-2M | · | · | · |
Profitability 8
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.6% | · | 56.4% | 57.7% | 58.6% | · | 58.4% | 60.1% | 61.4% | · | 56.7% | 57.6% | 57.9% | · | 55.9% | 57.2% | |
| Operating Margin | 6.1% | · | 7.9% | 6.2% | -16.8% | · | 8.1% | 8.4% | 10.5% | · | 9.7% | 6.5% | 9.2% | · | -9.4% | 8.3% | |
| Net Margin | 4.3% | · | 0.18% | 10.3% | -2.3% | · | 5.9% | 7.6% | 7.8% | · | 6.8% | 4.3% | 6.3% | · | -8.2% | 5.4% | |
| Pretax Margin | 5.4% | · | 7.0% | 5.1% | -17.6% | · | 7.4% | 7.5% | 9.6% | · | 8.8% | 5.4% | 8.2% | · | -10.2% | 7.3% | |
| EBITDA Margin | 9.2% | · | 10.9% | 9.3% | -13.3% | · | 8.1% | 8.4% | 14.2% | · | 9.7% | 6.5% | 12.6% | · | -9.4% | 8.3% | |
| ROA | · | · | 0.04% | 2.0% | -0.42% | · | 1.2% | 1.4% | 1.4% | · | 1.4% | 0.80% | 1.2% | · | -1.5% | 0.93% | |
| ROE | · | · | 0.08% | 4.5% | -0.93% | · | 2.5% | 3.1% | 3.0% | · | 3.3% | 1.8% | 2.6% | · | -3.7% | 2.2% | |
| ROIC | · | · | 0.07% | 3.8% | -0.61% | · | 1.9% | 2.4% | 2.3% | · | 2.5% | 1.5% | 2.1% | · | -2.4% | 1.8% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | · | 1.5 | 1.4 | 1.1 | · | 1.3 | 1.2 | 1.6 | · | 1.2 | 1.1 | 1.4 | · | 1.4 | 1.3 | |
| Quick Ratio | · | · | 0.6 | 0.5 | 0.4 | · | 0.6 | 0.5 | 0.6 | · | 0.5 | 0.4 | 0.5 | · | 0.5 | 0.6 | |
| Debt / Equity | · | · | 0.5 | 0.5 | 0.5 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.5 | 0.5 | · | 0.5 | 0.4 | |
| LT Debt / Equity | · | · | 0.5 | 0.5 | 0.4 | · | 0.3 | 0.3 | 0.4 | · | 0.3 | 0.3 | 0.4 | · | 0.4 | 0.4 | |
| Interest Coverage | 5.5 | · | 7.8 | 5.2 | -14.8 | · | 8.0 | 7.6 | 8.8 | · | 9.5 | 5.5 | 7.9 | · | -10.1 | 8.1 |
Efficiency 3
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | |
| Inventory Turnover | · | · | 0.6 | 0.5 | 0.6 | · | 0.6 | 0.5 | 0.5 | · | 0.6 | 0.5 | 0.6 | · | 0.6 | 0.6 | |
| Receivables Turnover | · | · | 2.2 | 2.4 | 2.4 | · | 2.2 | 2.3 | 2.3 | · | 2.3 | 2.6 | 2.5 | · | 2.4 | 2.6 |
Valuation (TTM) 4
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $8.47B | · | $8.70B | $8.48B | $8.26B | · | $8.64B | $8.60B | $8.68B | · | $9.01B | $8.78B | $8.69B | · | · | $8.71B | |
| Net Income TTM | $272M | · | $316M | $469M | $396M | · | $603M | $565M | $543M | · | $205M | $159M | $198M | · | · | $661M | |
| P/E | 16.0 | · | 12.7 | 8.0 | 10.3 | · | 9.5 | 9.9 | 12.7 | · | 21.1 | 35.6 | 29.4 | · | · | 6.5 | |
| Earnings Yield | 6.3% | · | 7.9% | 12.5% | 9.8% | · | 10.5% | 10.1% | 7.8% | · | 4.7% | 2.8% | 3.4% | · | · | 15.3% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-02-01 | 2025-05-04 | 2025-02-02 | 2024-11-03 | 2024-08-04 | |
|---|---|---|---|---|---|
| Revenue | $8.95B | — | $8.65B | — | — |
| Gross Margin % | 57.5% | — | 59.4% | — | — |
| Operating Margin % | 2.6% | — | 8.9% | — | — |
| Net Income | $25M | — | $598M | — | — |
| Diluted EPS | $0.52 | — | $10.56 | — | — |
Balance Sheet
| 2026-02-01 | 2025-05-04 | 2025-02-02 | 2024-11-03 | 2024-08-04 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | — | 0.4 | — | — |
| Current Ratio | 1.5 | — | 1.3 | — | — |
| Quick Ratio | 0.7 | — | 0.6 | — | — |
Cash Flow
| 2026-02-01 | 2025-05-04 | 2025-02-02 | 2024-11-03 | 2024-08-04 | |
|---|---|---|---|---|---|
| Free Cash Flow | $538M | — | $582M | — | — |
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Institutional owners (13F) 438 filers · $2.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 75 (-12 vs prior Q) | 53 (+9 vs prior Q) | 116 (-16 vs prior Q) | 135 (+5 vs prior Q) | -1.2M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| FMR LLC | $327,089,618 | 4,404,654 | 14.56% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $222,281,452 | 2,993,287 | 9.90% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $160,795,549 | 2,165,305 | 7.16% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $155,022,206 | 2,087,560 | 6.90% | Shares |
| AMERICAN CENTURY COMPANIES INC | $134,365,375 | 1,809,391 | 5.98% | Shares |
| STATE STREET CORP | $110,082,356 | 1,482,391 | 4.90% | Shares |
| CITADEL ADVISORS LLC | $60,560,292 | 815,517 | 2.70% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $57,098,514 | 768,900 | 2.54% | Put option |
| GEODE CAPITAL MANAGEMENT, LLC | $52,758,306 | 710,242 | 2.35% | Shares |
| Walleye Trading LLC | $44,853,040 | 604,000 | 2.00% | Put option |
| Swedbank AB | $43,708,397 | 588,586 | 1.95% | Shares |
| Invenomic Capital Management LP | $42,725,194 | 575,346 | 1.90% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $37,716,654 | 507,900 | 1.68% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $34,980,247 | 471,051 | 1.56% | Shares |
| Bragg Financial Advisors, Inc | $33,185,903 | 446,888 | 1.48% | Shares |
| DME Capital Management, LP | $32,958,073 | 443,820 | 1.47% | Shares |
| Allianz Asset Management GmbH | $29,112,519 | 392,035 | 1.30% | Shares |
| JANE STREET GROUP, LLC | $27,706,406 | 373,100 | 1.23% | Put option |
| VANGUARD FIDUCIARY TRUST CO | $21,574,387 | 290,525 | 0.96% | Shares |
| GOLDMAN SACHS GROUP INC | $21,294,948 | 286,762 | 0.95% | Shares |
| ATLANTIC INVESTMENT MANAGEMENT, INC. | $19,042,195 | 256,426 | 0.85% | Shares |
| J. Goldman & Co LP | $18,128,574 | 244,123 | 0.81% | Shares |
| Quantinno Capital Management LP | $17,834,314 | 240,160 | 0.79% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $17,070,666 | 229,877 | 0.76% | Shares |
| Bridgewater Associates, LP | $16,725,060 | 225,223 | 0.74% | Shares |
| Quantedge Capital Pte Ltd | $16,233,236 | 218,600 | 0.72% | Shares |
| MORGAN STANLEY | $12,653,804 | 170,398 | 0.56% | Shares |
| Man Group plc | $12,622,789 | 169,981 | 0.56% | Shares |
| Retirement Systems of Alabama | $11,974,425 | 161,250 | 0.53% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $11,157,119 | 150,244 | 0.50% | Shares |
| Susquehanna Portfolio Strategies, LLC | $10,325,927 | 139,051 | 0.46% | Shares |
| UBS Group AG | $9,539,885 | 128,466 | 0.42% | Shares |
| FRANKLIN RESOURCES INC | $9,184,328 | 123,678 | 0.41% | Shares |
| RHUMBLINE ADVISERS | $9,169,135 | 123,474 | 0.41% | Shares |
| Gotham Asset Management, LLC | $9,129,747 | 122,943 | 0.41% | Shares |
| Buck Wealth Strategies, LLC | $8,142,007 | 109,642 | 0.36% | Shares |
| Access Investment Management LLC | $8,040,502 | 108,275 | 0.36% | Shares |
| FIRST TRUST ADVISORS LP | $7,703,583 | 103,738 | 0.34% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $7,641,354 | 102,900 | 0.34% | Call option |
| Brandywine Global Investment Management, LLC | $7,391,502 | 110,288 | 0.33% | Shares |
| Swiss National Bank | $6,831,920 | 92,000 | 0.30% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $6,812,538 | 91,739 | 0.30% | Shares |
| Alyeska Investment Group, L.P. | $6,620,650 | 89,155 | 0.29% | Shares |
| CITADEL ADVISORS LLC | $6,594,288 | 88,800 | 0.29% | Call option |
| ArrowMark Colorado Holdings LLC | $6,460,620 | 87,000 | 0.29% | Shares |
| BlackRock, Inc. | $6,436,263 | 86,672 | 0.29% | Shares |
| California Public Employees Retirement System | $6,099,345 | 82,135 | 0.27% | Shares |
| ExodusPoint Capital Management, LP | $5,918,448 | 79,699 | 0.26% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $5,732,137 | 77,066 | 0.26% | Shares |
| PEREGRINE CAPITAL MANAGEMENT LLC | $5,688,019 | 76,596 | 0.25% | Shares |
| Squarepoint Ops LLC | $5,569,500 | 75,000 | 0.25% | Call option |
| TOWLE & CO | $5,259,539 | 70,826 | 0.23% | Shares |
| EASTERLY INVESTMENT PARTNERS LLC | $4,998,589 | 67,312 | 0.22% | Shares |
| Corient Private Wealth LP | $4,891,595 | 65,873 | 0.22% | Shares |
| J. Goldman & Co LP | $4,826,900 | 65,000 | 0.21% | Call option |
| IMC-Chicago, LLC | $4,786,206 | 64,452 | 0.21% | Shares |
| Y-Intercept (Hong Kong) Ltd | $4,757,170 | 64,061 | 0.21% | Shares |
| XTX Topco Ltd | $4,624,096 | 62,269 | 0.21% | Shares |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $4,459,268 | 63,923 | 0.20% | Shares |
| RBA Wealth Management, LLC | $4,400,951 | 59,264 | 0.20% | Shares |
| D. E. Shaw & Co., Inc. | $4,390,325 | 59,121 | 0.20% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,234,751 | 57,026 | 0.19% | Shares |
| PZENA INVESTMENT MANAGEMENT LLC | $4,199,254 | 56,548 | 0.19% | Shares |
| ALLIANCEBERNSTEIN L.P. | $4,181,275 | 59,938 | 0.19% | Shares |
| Moody Aldrich Partners LLC | $4,164,204 | 56,076 | 0.19% | Shares |
| Squarepoint Ops LLC | $4,076,874 | 54,900 | 0.18% | Put option |
| JANE STREET GROUP, LLC | $3,868,946 | 52,100 | 0.17% | Call option |
| WASATCH ADVISORS LP | $3,815,314 | 54,692 | 0.17% | Shares |
| Fieldview Capital Management, LLC | $3,779,314 | 50,893 | 0.17% | Shares |
| Kiltearn Partners LLP | $3,668,593 | 49,402 | 0.16% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $3,626,962 | 51,992 | 0.16% | Shares |
| AMERIPRISE FINANCIAL INC | $3,541,163 | 47,686 | 0.16% | Shares |
| TUDOR INVESTMENT CORP ET AL | $3,507,300 | 47,230 | 0.16% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $3,417,445 | 46,020 | 0.15% | Shares |
| Eisler Capital Management Ltd. | $3,360,642 | 39,677 | 0.15% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $3,240,632 | 43,639 | 0.14% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $3,172,387 | 42,720 | 0.14% | Shares |
| Vanguard Global Advisers, LLC | $3,153,674 | 42,468 | 0.14% | Shares |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | $3,134,960 | 42,216 | 0.14% | Shares |
| Alexander Randolph Advisory, Inc. | $3,111,643 | 41,902 | 0.14% | Shares |
| WOLVERINE TRADING, LLC | $3,106,608 | 36,600 | 0.14% | Put option |
| TWO SIGMA INVESTMENTS, LP | $3,082,681 | 41,512 | 0.14% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $2,979,088 | 40,117 | 0.13% | Shares |
| VANGUARD GROUP INC | $2,837,359 | 42,336 | 0.13% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $2,766,853 | 37,259 | 0.12% | Shares |
| D. E. Shaw & Co., Inc. | $2,747,620 | 37,000 | 0.12% | Put option |
| GABELLI FUNDS LLC | $2,726,530 | 36,716 | 0.12% | Shares |
| WOLVERINE TRADING, LLC | $2,597,328 | 30,600 | 0.12% | Call option |
| Daytona Street Capital LLC | $2,557,511 | 32,085 | 0.11% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $2,431,866 | 32,748 | 0.11% | Shares |
| Brevan Howard Capital Management LP | $2,388,276 | 32,161 | 0.11% | Shares |
| Point72 Asset Management, L.P. | $2,346,616 | 31,600 | 0.10% | Call option |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $2,309,196 | 33,102 | 0.10% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $2,302,654 | 31,008 | 0.10% | Shares |
| Walleye Trading LLC | $2,231,290 | 30,047 | 0.10% | Shares |
| Millington Financial Advisors, LLC | $2,219,948 | 28,406 | 0.10% | Shares |
| Strengthening Families & Communities, LLC | $2,205,076 | 29,694 | 0.10% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $2,153,911 | 29,005 | 0.10% | Shares |
| Nebula Research & Development LLC | $2,131,608 | 31,073 | 0.09% | Shares |
| FIFTH THIRD BANCORP | $2,129,993 | 28,683 | 0.09% | Shares |
Company insiders 62 insiders · 21 officers · 21 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Stefan Larsson | Chief Executive Officer | June 26, 2025 P | 269,438 | 0 | 0 | $0 |
| Fredrik Olsson | CEO, PVH EMEA | April 10, 2025 A | 15,592 | 0 | 0 | $0 |
| Donald Kohler | CEO, PVH Americas | April 10, 2025 F | 19,465 | 0 | 0 | $0 |
| Martijn Hagman | CEO TH Global/PVH Europe | April 14, 2023 F | 58,677 | 0 | 0 | $0 |
| Trish Donnelly | CEO, PVH Americas/CK Global | May 2, 2022 A | 36,140 | 0 | 0 | $0 |
| Steven B Shiffman | President & CEO, Calvin Klein | April 2, 2015 A | 9,847 | 0 | 0 | $0 |
| Daniel Grieder | CEO, PVH Europe | Dec. 23, 2013 S | 11,999 | 0 | 0 | $0 |
| Fred Gehring | CEO of Tommy Hilfiger | Nov. 1, 2011 S | 1,055,702 | 0 | 0 | $0 |
| Melissa Ann Stone | EVP and Interim CFO | June 24, 2026 A | — | 0 | 0 | $0 |
| Zachary Coughlin | EVP, Chief Financial Officer | May 2, 2025 F | 59,961 | 0 | 0 | $0 |
| Michael A Shaffer | EVP, COO and CFO | Sept. 2, 2021 S | 69,845 | 0 | 0 | $0 |
| David Savman | Global Brand President, CK | Jan. 3, 2026 F | 20,834 | 0 | 0 | $0 |
| Lea Rytz Goldman | Global Brand President, TH | April 10, 2025 F | 18,286 | 0 | 0 | $0 |
| Eva Serrano | Global Brand President, CK | April 10, 2025 F | 32,484 | 0 | 0 | $0 |
| Ludovicus Rudolph Onnink | COO of Tommy Hilfiger | Nov. 1, 2011 S | 212,751 | 0 | 0 | $0 |
| Erik W. Graf | EVP, Controller | June 15, 2026 F | 12,547 | 0 | 0 | $0 |
| Amba Subrahmanyam | Chief People Officer | June 15, 2026 F | 27,005 | 0 | 0 | $0 |
| James Holmes | EVP, Controller | April 10, 2025 F | 11,132 | 0 | 0 | $0 |
| Julie Fuller | Chief People Officer | Dec. 21, 2023 M | 16,191 | 0 | 0 | $0 |
| Dana Perlman | EVP & Chief Strategy Officer | April 19, 2022 S | 16,409 | 0 | 0 | $0 |
| Pamela N Hootkin | SVP, Treasurer & Investor Rel | April 15, 2011 G | 34,520 | 0 | 0 | $0 |
| Jesper Andersen | Director | June 18, 2026 A | 5,848 | 0 | 0 | $0 |
| Kate Gulliver | Director | June 18, 2026 A | 5,112 | 0 | 0 | $0 |
| George Cheeks | Director | June 18, 2026 A | 13,490 | 0 | 0 | $0 |
| Ajay Bhalla | Director | June 18, 2026 A | 8,908 | 0 | 0 | $0 |
| Knox Judith Amanda Sourry | Director | June 18, 2026 A | 20,419 | 0 | 0 | $0 |
| Geraldine Penny Mcintyre | Director | June 18, 2026 A | 24,112 | 0 | 0 | $0 |
| Brent Callinicos | Director | June 18, 2026 A | 24,276 | 0 | 0 | $0 |
| Amy Mcpherson | Director | June 18, 2026 A | 20,419 | 0 | 0 | $0 |
| Michael M Calbert | Director | June 18, 2026 A | 25,268 | 0 | 0 | $0 |
| Allison Peterson | Director | June 16, 2022 A | 4,582 | 0 | 0 | $0 |
| Edward R. Rosenfeld | Director | June 16, 2022 A | 16,368 | 0 | 0 | $0 |
| Vincent James Marino | Director | June 16, 2022 A | 31,278 | 0 | 0 | $0 |
| Joseph B Fuller | Director | June 16, 2022 A | 31,278 | 0 | 0 | $0 |
| Henry Nasella | Director | Dec. 8, 2021 P | 30,377 | 0 | 0 | $0 |
| Emanuel Chirico | Director | Sept. 2, 2021 S | 88,064 | 0 | 0 | $0 |
| Mary Baglivo | Director | Sept. 10, 2020 A | 15,459 | 0 | 0 | $0 |
| Bruce Maggin | Director | June 3, 2015 M | 25,363 | 0 | 0 | $0 |
| Rita M Rodriguez | Director | Dec. 19, 2014 M | 20,626 | 0 | 0 | $0 |
| Edward H Cohen | Director | March 31, 2011 S | 11,188 | 0 | 0 | $0 |
| VANETON INTERNATIONAL INC | 10% owner | Sept. 13, 2005 S | 2,852,087 | 0 | 0 | $0 |
| APAX MANAGERS INC | 10% owner | July 20, 2005 C | 0 | 0 | 0 | $0 |
| Mark D Fischer | — | April 17, 2026 S | 20,324 | 0 | 3 | $-642,500 |
| Craig W Rydin | — | Dec. 11, 2020 S | 17,694 | 0 | 0 | $0 |
| David F Kozel | — | Dec. 7, 2020 S | 21,756 | 0 | 0 | $0 |
| Francis K Duane | — | April 7, 2020 F | 17,062 | 0 | 0 | $0 |
| Juan R Figuereo | — | June 20, 2019 A | 12,674 | 0 | 0 | $0 |
| Bruce Goldstein | — | April 7, 2015 F | 6,114 | 0 | 0 | $0 |
| Margaret Jenkins | — | June 6, 2014 S | 1,123 | 0 | 0 | $0 |
| Paul Thomas Murry | — | April 14, 2014 S | 6,927 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Tommy Hilfiger Holding S.à.r.l., Nova Liquidator Ltd, Apax US VII, L.P., Apax Europe VI-A, L.P., Apax Europe VI-1, L.P., Apax US VII GP, L.P., Apax US VII GP, Ltd., Apax Europe VI GP L.P. Inc., Apax Europe VI GP Co. Limited, Apax Partners Europe Managers Ltd, John F. Megrue ×3 filings | Dec. 21, 2011 | — | Initial filing | — | SEC |
| Blue Harbour Group, LP, Blue Harbour Strategic Value Partners Master Fund, LP, Blue Harbour Institutional Partners Master Fund, L.P., Blue Harbour GP, LLC, Blue Harbour Holdings, LLC, Clifton S. Robbins ×3 filings | Aug. 12, 2009 | — | Initial filing | — | SEC |
| Apax Partners Europe Managers Limited, Apax Europe V GP Co. Limited ×4 filings | May 16, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | July 22, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Feb. 21, 2003 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 91 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| FXD · First Trust Exchange-Traded AlphaDE… | 1.80% | 52,199 NS | April 30, 2026 | N-PORT |
| RNIN · EA Series Trust | 1.60% | 26,864 NS | April 30, 2026 | N-PORT |
| SYLD · Cambria ETF Trust | 1.30% | 136,262 NS | April 30, 2026 | N-PORT |
| PAMC · Pacer Funds Trust | 0.63% | 4,321 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.50% | 1,456,499 NS | May 31, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.46% | 9,222 NS | April 30, 2026 | N-PORT |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.43% | 28,703 NS | April 30, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.37% | 3,856 NS | May 31, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.36% | 6,222 NS | May 31, 2026 | N-PORT |
| FBCV · FIDELITY COVINGTON TRUST | 0.36% | 6,214 NS | April 30, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.29% | 238,592 NS | April 30, 2026 | N-PORT |
| GMOV · GMO ETF Trust | 0.27% | 2,639 NS | May 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.24% | 364,259 NS | April 30, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.22% | 29,855 NS | April 30, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.20% | 2,724 NS | April 30, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.19% | 1,641 NS | April 30, 2026 | N-PORT |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 14,848 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.18% | 53,249 NS | May 31, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.17% | 62 NS | May 29, 2026 | N-PORT |
| FBCG · FIDELITY COVINGTON TRUST | 0.13% | 91,005 NS | April 30, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.13% | 5,372 NS | April 30, 2026 | N-PORT |
| FDIS · FIDELITY COVINGTON TRUST | 0.11% | 20,827 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.11% | 162,497 NS | April 30, 2026 | N-PORT |
| NUSC · Nushares ETF Trust | 0.10% | 14,426 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.09% | 1,425 NS | April 30, 2026 | N-PORT |
| MVV · ProShares Trust | 0.09% | 1,583 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.09% | 220,040 NS | May 31, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.09% | 19,286 NS | April 30, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.08% | 759 NS | April 30, 2026 | N-PORT |
| UMDD · ProShares Trust | 0.06% | 221 NS | May 31, 2026 | N-PORT |
| FNDX · SCHWAB STRATEGIC TRUST | 0.05% | 140,062 NS | May 31, 2026 | N-PORT |
| FNDB · SCHWAB STRATEGIC TRUST | 0.05% | 6,696 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.04% | 1,930 NS | April 30, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.04% | 9,702 NS | April 30, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.03% | 41,071 NS | April 30, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.02% | 1,244 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.02% | 5,403 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.02% | 1,868 NS | May 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.02% | 101,932 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.02% | 6,496 NS | April 30, 2026 | N-PORT |
| SFGV · EA Series Trust | 0.02% | 2,757 NS | May 29, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.02% | 28,387 NS | May 31, 2026 | N-PORT |
| GVUS · Goldman Sachs ETF Trust | 0.01% | 635 NS | May 31, 2026 | N-PORT |
| ACVF · ETF Opportunities Trust | 0.01% | 227 NS | April 30, 2026 | N-PORT |
| DEUS · DBX ETF Trust | 0.01% | 338 NS | May 29, 2026 | N-PORT |
| JUST · Goldman Sachs ETF Trust | 0.01% | 522 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.01% | 10,638 NS | April 30, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 14,610 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.01% | 27,657 NS | May 31, 2026 | N-PORT |
| MSLC · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 2,110 NS | May 31, 2026 | N-PORT |