PVH
Through the investors’ lenses
Each of these investors has said in public what they look at before buying. Click a name to see how this company measures up — a tick where it passes one of their tests, a cross where it does not.
Warren Buffett 2/4
| Measure | PVH | Checked against | |
|---|---|---|---|
| Owner earnings | $155.60m | positive | ✓ |
| Return on equity | 0.5% | median 11.7% | ✗ |
| Debt to equity | 0.48x | median 0.79x | ✓ |
| Operating margin | 2.6% | median 15.0% | ✗ |
Passes 2 of 4. To be clear: Warren Buffett has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Terry Smith 2/4
| Measure | PVH | Checked against | |
|---|---|---|---|
| Return on capital employed | 3.2% | median 10.1% | ✗ |
| Cash conversion | 26.89x | median 1.78x | ✓ |
| Operating margin | 2.6% | median 15.0% | ✗ |
| Debt to equity | 0.48x | median 0.79x | ✓ |
Passes 2 of 4. To be clear: Terry Smith has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Charlie Munger 0/3
| Measure | PVH | Checked against | |
|---|---|---|---|
| Return on capital employed | 3.2% | median 10.1% | ✗ |
| Return on equity | 0.5% | median 11.7% | ✗ |
| Operating margin | 2.6% | median 15.0% | ✗ |
Passes 0 of 3. To be clear: Charlie Munger has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Chuck Akre 2/4
| Measure | PVH | Checked against | |
|---|---|---|---|
| Return on equity | 0.5% | median 11.7% | ✗ |
| Debt to equity | 0.48x | median 0.79x | ✓ |
| Cash conversion | 26.89x | median 1.78x | ✓ |
| Return on equity, sustained | 3 of 10 | 8 of 10 above median | ✗ |
Passes 2 of 4. To be clear: Chuck Akre has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Philip Fisher 0/4
| Measure | PVH | Checked against | |
|---|---|---|---|
| Operating margin | 2.6% | median 15.0% | ✗ |
| Net margin | 0.3% | median 10.2% | ✗ |
| Return on capital employed | 3.2% | median 10.1% | ✗ |
| Operating margin, held or improving | 2.6% | 10-yr median 7.1% | ✗ |
Passes 0 of 4. To be clear: Philip Fisher has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Walter Schloss 2/2
| Measure | PVH | Checked against | |
|---|---|---|---|
| Current ratio | 1.52x | median 1.25x | ✓ |
| Debt to equity | 0.48x | median 0.79x | ✓ |
Passes 2 of 2. To be clear: Walter Schloss has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Benjamin Graham 0/3
| Measure | PVH | Checked against | |
|---|---|---|---|
| Current ratio | 1.52x | 2.00x published | ✗ |
| Long-term debt to working capital | 1.86x | 1.00x published | ✗ |
| Positive earnings, ten years running | 5 yrs | 10 published | ✗ |
Passes 0 of 3. To be clear: Benjamin Graham has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Joel Greenblatt 0/1
| Measure | PVH | Checked against | |
|---|---|---|---|
| Return on capital employed | 3.2% | median 10.1% | ✗ |
Passes 0 of 1. To be clear: Joel Greenblatt has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
Peter Lynch 1/2
| Measure | PVH | Checked against | |
|---|---|---|---|
| Debt to equity | 0.48x | median 0.79x | ✓ |
| Net margin | 0.3% | median 10.2% | ✗ |
Passes 1 of 2. To be clear: Peter Lynch has never said anything about PVH. These are the company’s own figures put through the tests he described. What he looks at, and why →
| Basis | Payout | Why |
|---|---|---|
| GAAP earnings | 28.8% | whyThe figure most screeners publish. |
| Operating cash flow | 1.1% | whyBefore capital spending. |
| Free cash flow | 1.4% | whyAfter maintaining the business. |
Spread between highest and lowest: 27.7 percentage points. Same filings, different denominators.
Coverage rating 70 / 100 — Adequate. ? Peer standing 49/50Direction 18/30Stability 3/20
Free cash flow payout, last 6 years
| Fiscal year | Payout |
|---|---|
| 2026-02-01 | 1.4% |
| 2025-02-02 | 1.5% |
| 2024-02-04 | 1.3% |
| 2022-01-30 | 0.3% |
| 2021-01-31 | 0.6% |
| 2020-02-02 | 1.7% |
98% of the 44 consumer discretionary here pay out more — comfortable for the sector.
The arithmetic
- GAAP earnings — dividends declared per share $0.150 ÷ diluted EPS $0.520
- Operating cash flow — dividends paid $7.50m ÷ operating cash flow $680m
- Free cash flow — dividends paid $7.50m ÷ (operating cash flow $680m − capex $142m)
Where the figures came from
- 10-K filed 2026-03-31 · accession 0000078239-26-000021
All public at sec.gov — you should not have to take our word for it.
Computed straight from SEC XBRL. A number that looks wrong to you is more useful to us than agreement — tell us.
What the free cash flow payout ratio measures, and where every company here sits on it.
Also on: rated adequate · when it files.
When this changes
Every figure above is recomputed whenever PVH files. The monthly letter carries what filed, what moved, and one finding computed across every company here.