V F (VFC) Operating Margin (2009 - 2026)
V F recorded quarterly Operating Margin of 2.84% in Q1 2026, down 71.75% quarter-over-quarter from 10.05% in Q4 2025, and up 624.0% year-over-year from 0.39% in Q1 2025.
V F's Operating Margin history runs 18 years deep, the most recent figure standing at 2.84% for Q1 2026.
- In Q1 2026, Operating Margin rose 624.0% year-over-year to 2.84%; the TTM figure through Mar 2026 stood at 6.0% (up 281.0% YoY), while the FY2026 annual figure was 6.0%, up 281.0% from the prior year.
- Operating Margin came in at 2.84% for Q1 2026 at V F, down from 10.05% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 23.02% in Q2 2023 to a low of 16.61% in Q1 2024.
- A 5-year average of 4.52% and a median of 4.83% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 7945 bps in 2022 and surged 1621 bps in 2023, its largest moves.
- V F's Operating Margin stood at 14.62% in 2022, then tumbled by 122 bps to 3.28% in 2023, then jumped by 343 bps to 7.97% in 2024, then advanced by 26 bps to 10.05% in 2025, then slumped by 72 bps to 2.84% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 2.84%, 10.05%, and 11.15% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 9.53% |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | 11.40% |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | 2.84% |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | 9.93% |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 11.90% |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 5.39% |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | -2.88% |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 2.80% |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | -3.77% |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | 22.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 2.84% |
| Dec 27, 2025 | 10.05% |
| Sep 27, 2025 | 11.15% |
| Jun 28, 2025 | -4.92% |
| Mar 29, 2025 | -3.40% |
| Dec 28, 2024 | 7.97% |
| Sep 28, 2024 | 9.93% |
| Jun 29, 2024 | -6.95% |
| Mar 30, 2024 | -16.61% |
| Dec 30, 2023 | -3.28% |
| Sep 30, 2023 | 12.00% |
| Jul 1, 2023 | -0.43% |
| Apr 1, 2023 | 23.02% |
| Dec 31, 2022 | 14.62% |
| Oct 1, 2022 | -2.95% |
| Jul 2, 2022 | 2.80% |
| Apr 2, 2022 | 6.81% |
| Jan 1, 2022 | 18.72% |
| Oct 2, 2021 | 17.46% |
| Jul 3, 2021 | 9.24% |
| Apr 3, 2021 | 86.26% |
| Dec 26, 2020 | 13.86% |
| Sep 26, 2020 | 12.27% |
| Jun 27, 2020 | -22.93% |
| Mar 28, 2020 | -12.21% |
| Dec 28, 2019 | 17.11% |
| Sep 28, 2019 | 17.25% |
| Jun 29, 2019 | 4.68% |
| Sep 29, 2018 | 17.01% |
| Jun 30, 2018 | 3.98% |
| Dec 30, 2017 | 13.28% |
| Sep 30, 2017 | 16.96% |
| Jul 1, 2017 | 7.04% |
| Apr 1, 2017 | 11.73% |
| Dec 31, 2016 | 9.30% |
| Oct 1, 2016 | 18.48% |
| Jul 2, 2016 | 8.35% |
| Apr 2, 2016 | 12.00% |
| Jan 2, 2016 | 16.18% |
| Oct 3, 2015 | 18.12% |
| Jul 4, 2015 | 9.02% |
| Apr 4, 2015 | 14.23% |
| Jan 3, 2015 | 5.08% |
| Sep 27, 2014 | 17.98% |
| Jun 28, 2014 | 9.15% |
| Mar 29, 2014 | 14.50% |
| Dec 28, 2013 | 15.45% |
| Sep 28, 2013 | 17.58% |
| Jun 29, 2013 | 9.07% |
| Mar 30, 2013 | 13.70% |
| Dec 29, 2012 | 14.85% |
| Sep 29, 2012 | 17.05% |
| Jun 30, 2012 | 7.66% |
| Mar 31, 2012 | 12.29% |
| Dec 31, 2011 | 12.07% |
| Oct 1, 2011 | 15.64% |
| Jun 30, 2011 | 10.25% |
| Apr 2, 2011 | 14.02% |
| Jan 1, 2011 | 3.46% |
| Oct 2, 2010 | 15.88% |
| Jul 3, 2010 | 10.63% |
| Apr 3, 2010 | 12.76% |
| Jan 2, 2010 | 7.19% |
| Oct 3, 2009 | 15.18% |
| Jul 4, 2009 | 8.06% |
| Apr 4, 2009 | 9.36% |
| Jan 3, 2009 | 9.40% |