Pvh (PVH) Operating Margin (2009 - 2026)
Pvh (PVH) posted quarterly Operating Margin of 6.14% for Q2 2026, up 2289.0% year-over-year from 0.26% in Q2 2025, and down 38.2% quarter-over-quarter from 9.93% in Q1 2026.
Pvh (PVH) Operating Margin (2009 - 2026) Analysis & Trends
Pvh (PVH) has reported Operating Margin for 18 consecutive years, with 6.14% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 2289.0% year-over-year to 6.14%; the TTM figure through May 2026 stood at 7.64% (up 494.0% YoY), while the FY2026 annual figure was 2.58%, down 635.0% from the prior year.
- Operating Margin retreated to 6.14% in Q2 2026 per PVH's latest filing, from 9.93% in the prior quarter.
- Across five years, Operating Margin topped out at 14.33% in Q1 2024 and bottomed at 16.75% in Q2 2025.
- Historically, Operating Margin has averaged 6.61% across 5 years, with a median of 8.62% in 2024.
- Annual changes were most pronounced in 2025 — Operating Margin tumbled 2726 bps — and 2026, when it surged 2289 bps.
- Pvh's Operating Margin stood at 9.38% in 2022, then jumped by 204 bps to 9.73% in 2023, then slipped by 17 bps to 8.12% in 2024, then fell by 3 bps to 7.88% in 2025, then dropped by 22 bps to 6.14% in 2026.
- Business Quant data shows PVH's Operating Margin at 6.14% in Q2 2026, 9.93% in Q1 2026, and 7.88% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.37 Bn | 20.43 Bn | 1.44 Bn | 17.47% |
| 2 | Gildan Activewear | 10.51 Bn | 10.24 Bn | 459.76 Mn | 11.12% |
| 3 | Levi Strauss | 8.29 Bn | 7.32 Bn | 979.10 Mn | 7.82% |
| 4 | V F | 5.66 Bn | 4.99 Bn | 917.04 Mn | -4.98% |
| 5 | Kontoor Brands | 4.54 Bn | 4.49 Bn | 328.26 Mn | 15.49% |
| 6 | Pvh | 3.62 Bn | 3.02 Bn | 1.19 Bn | 6.14% |
| 7 | Ermenegildo Zegna | 3.61 Bn | 3.26 Bn | - | - |
| 8 | Columbia Sportswear | 3.10 Bn | 2.47 Bn | 358.43 Mn | 5.03% |
| 9 | Figs | 2.48 Bn | 2.18 Bn | 147.86 Mn | 17.93% |
| 10 | Under Armour | 2.21 Bn | 1.81 Bn | 593.83 Mn | 4.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 6.14% |
| Feb 1, 2026 | 9.93% |
| Nov 2, 2025 | 7.88% |
| Aug 3, 2025 | 6.15% |
| May 4, 2025 | -16.75% |
| Feb 2, 2025 | 8.86% |
| Nov 3, 2024 | 8.12% |
| Aug 4, 2024 | 8.38% |
| May 5, 2024 | 10.51% |
| Feb 4, 2024 | 14.33% |
| Oct 29, 2023 | 9.73% |
| Jul 30, 2023 | 6.49% |
| Apr 30, 2023 | 9.21% |
| Jan 29, 2023 | 11.95% |
| Oct 30, 2022 | -9.38% |
| Jul 31, 2022 | 8.30% |
| May 1, 2022 | 9.91% |
| Jan 30, 2022 | 9.19% |
| Oct 31, 2021 | 16.17% |
| Aug 1, 2021 | 12.06% |