PVH vs UA
PVH Corp. and Under Armour, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PVH | UA |
|---|---|---|
| Revenue | $9.0B | $5.0B |
| Net income | $25.3M | $-495.6M |
| Gross margin | 57.5% | 45.5% |
| Net margin | 0.3% | −10.0% |
| Return on equity | 0.5% | −30.0% |
| Diluted EPS | $0.52 | −$1.16 |
| Dividend / share | $0.15 | · |
| Payout ratio | · | · |
| Free cash flow | $538.4M | $-162.2M |
| Equity | $4.8B | $1.4B |
| Net debt / equity | 0.33× | 0.62× |
| Current ratio | 1.52× | 1.62× |
| Revenue CAGR 5y | 4.6% | 2.1% |
| Profit CAGR 5y | · | · |
PVH bills 1.8× the revenue of UA, and UA closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PVH | UA |
|---|---|---|
| FY2025 | $9.0B | $5.0B |
| FY2024 | $8.7B | $5.2B |
| FY2023 | $9.2B | $5.7B |
| FY2022 | $9.0B | $5.9B |
| FY2021 | $9.2B | $5.7B |
| FY2020 | $7.1B | $4.5B |
| FY2019 | $9.9B | $5.3B |
| FY2018 | $9.7B | $5.2B |
| FY2017 | $8.9B | $5.0B |
| FY2016 | $8.2B | $4.8B |
Bottom line
| Fiscal year | PVH | UA |
|---|---|---|
| FY2025 | $25.3M | $-495.6M |
| FY2024 | $598.5M | $-201.3M |
| FY2023 | $663.6M | $232.0M |
| FY2022 | $200.4M | $374.5M |
| FY2021 | $952.3M | $351.0M |
| FY2020 | $-1.1B | $-549.2M |
| FY2019 | $417.3M | $92.1M |
| FY2018 | $746.4M | $-46.3M |
| FY2017 | $537.8M | $-48.3M |
| FY2016 | $549.0M | $257.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,983,830,000 | PVH |
| FY2024 | +$3,488,590,000 | PVH |
| FY2023 | +$3,515,821,000 | PVH |
| FY2022 | +$3,121,035,000 | PVH |
| FY2021 | +$3,472,108,000 | PVH |
| FY2020 | +$2,657,933,000 | PVH |
| FY2019 | +$4,641,868,000 | PVH |
| FY2018 | +$4,463,615,000 | PVH |
| FY2017 | +$3,925,556,000 | PVH |
| FY2016 | +$3,369,762,000 | PVH |
| FY2015 | +$4,056,987,000 | PVH |
| FY2014 | +$5,156,830,000 | PVH |
| FY2013 | +$5,854,349,000 | PVH |
| FY2012 | +$4,208,079,000 | PVH |
| FY2011 | +$4,417,940,000 | PVH |
| FY2010 | +$3,572,921,000 | PVH |
| FY2009 | +$1,542,320,000 | PVH |
| FY2008 | +$1,766,691,000 | PVH |
PVH has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +10.3 pp | PVH |
| FY2024 | +10.8 pp | PVH |
| FY2023 | +3.1 pp | PVH |
| FY2022 | −4.1 pp | UA |
| FY2021 | +4.2 pp | PVH |
| FY2020 | −3.7 pp | UA |
| FY2019 | +2.4 pp | PVH |
| FY2018 | +8.6 pp | PVH |
| FY2017 | +7.0 pp | PVH |
| FY2016 | +1.4 pp | PVH |
| FY2015 | +1.3 pp | PVH |
| FY2014 | −1.4 pp | UA |
| FY2013 | −5.2 pp | UA |
| FY2012 | +0.2 pp | PVH |
| FY2011 | −1.9 pp | UA |
| FY2010 | −5.3 pp | UA |
| FY2009 | +1.3 pp | PVH |
| FY2008 | −1.6 pp | UA |
The higher net margin has changed hands between PVH and UA over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UA's net margin has been more volatile than PVH's over the 18 comparable fiscal years — 5.8 percentage points of standard deviation against 5.5.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PVH and UA over these 18 fiscal years — PVH led in 11 and UA in 7.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UA's return on equity has been more volatile than PVH's over the 18 comparable fiscal years — 15.0 percentage points of standard deviation against 8.6.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PVH and UA over these 18 fiscal years — PVH led in 9 and UA in 9.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.