Pvh (PVH) Operating Margin (2009 - 2026)
Pvh's (PVH) quarterly Operating Margin came in at 9.1% in Q3 2026, down 1525.0% year-over-year from 0.64% in Q3 2025, and down 248.31% quarter-over-quarter from 6.14% in Q2 2026.
Analysis
Pvh (PVH) Operating Margin (2009 - 2026) Analysis & Trends
Pvh (PVH) has reported Operating Margin for 18 consecutive years, with 9.1% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Margin fell 1525.0% year-over-year to 9.1% in Q3 2026; TTM through Aug 2026 was 4.07%, a 186.0% increase from a year earlier, with the FY2026 full-year figure at 2.58%, down 635.0% from the prior year.
- Operating Margin was 9.1% for Q3 2026 at Pvh, down from 6.14% in the prior quarter.
- Over five years, Operating Margin peaked at 14.33% in Q1 2024 and troughed at 16.75% in Q2 2025.
- A 5-year average of 5.78% and a median of 8.38% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 2726 bps in 2025 and jumped 2289 bps in 2026, its largest moves.
- Over 5 years, Operating Margin stood at 9.38% in 2022, then surged by 204 bps to 9.73% in 2023, then retreated by 17 bps to 8.12% in 2024, then dropped by 3 bps to 7.88% in 2025, then tumbled by 216 bps to 9.1% in 2026.
- The last three Operating Margin figures came in at 9.1% (Q3 2026), 6.14% (Q2 2026), and 9.93% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.94 Bn | 9.55 Bn | 1.46 Bn | 18.78% |
| 2 | Gildan Activewear | 7.84 Bn | 7.57 Bn | 459.76 Mn | 11.12% |
| 3 | Levi Strauss | 7.76 Bn | 6.78 Bn | 979.10 Mn | 7.82% |
| 4 | V F | 4.94 Bn | 4.27 Bn | 917.04 Mn | -4.98% |
| 5 | Kontoor Brands | 3.65 Bn | 3.59 Bn | 328.26 Mn | 15.49% |
| 6 | Pvh | 3.19 Bn | 2.22 Bn | 1.32 Bn | -9.10% |
| 7 | Warby Parker | 3.02 Bn | 2.72 Bn | 136.46 Mn | 1.34% |
| 8 | Columbia Sportswear | 2.89 Bn | 2.27 Bn | 358.43 Mn | 5.03% |
| 9 | Figs | 2.16 Bn | 1.86 Bn | 147.86 Mn | 17.93% |
| 10 | Under Armour | 2.07 Bn | 1.67 Bn | 593.83 Mn | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | -9.10% |
| 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% |