VF (VFC) AI Stock Analysis

• Market Cap: $6.41B
• Dividend Yield: 1.95%
• Average Volume (3M): 6.13M
• Price to Earnings (P/E): 6.0
• Beta (1Y): 1.55
• Revenue Growth: -3.12%
• EPS Growth: N/A
• Country: US
• Employees: 18,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.58
• Shares Outstanding: 391,263,340
• 10 Day Avg. Volume: 6,627,334
• 30 Day Avg. Volume: 6,128,086
• PEG Ratio: 0.40
• Price to Book (P/B): 4.11
• Price to Sales (P/S): 0.64
• P/FCF Ratio: 18.00
• Enterprise Value/Market Cap: 1.61
• Enterprise Value/Revenue: 1.08
• Enterprise Value/Gross Profit: 2.00
• Enterprise Value/Ebitda: 10.74
• 1Y Price Target: $19.33
• Price Target Upside: 18.01% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 17
• EPS Forecast (FY): 0.83
• Revenue Forecast (FY): $9.32B

• Rating: 53 Neutral
• Price Target: $16.50 ▲(0.73% Upside)
• Action: Reiterated Date: 01/29/26
• Date: Action: Reiterated 01/29/26

The score is held back primarily by stressed financial quality—high leverage and negative TTM operating/free cash flow—despite improved revenue and a return to modest profitability. Offsetting this is a more constructive earnings outlook (margin/cash flow and deleveraging targets) and improving technical momentum, while valuation remains a headwind due to the very high P/E.

Positive Factors

Brand portfolio momentum

Sustained outperformance across flagship brands provides diversified, durable revenue drivers. Strength at The North Face and Timberland reduces reliance on any single label, while Altra’s rapid growth creates a footwear runway; this brand mix supports multi-year top-line stability and product leverage.

Direct-to-consumer recovery

Reaccelerating DTC and e-commerce is structurally positive: higher gross margins, better customer data and repeatability. Sustained DTC growth enhances margin capture and marketing ROI, supporting long-term profitability and the company’s ability to scale owned digital channels versus wholesale dependency.

Meaningful debt reduction and clear targets

Material net debt reduction and explicit deleveraging targets improve financial flexibility and reduce interest burden over time. Achieving lower leverage supports investment, dividend sustainability and strategic initiatives, making balance‑sheet repair a durable positive for capex, M&A optionality and credit risk.

Negative Factors

Elevated leverage pressure

High leverage limits strategic flexibility and raises refinancing and covenant risk if cash generation falters. Persistently elevated debt relative to equity constrains capital allocation, increases sensitivity to interest costs and may require prolonged focus on deleveraging over investment in growth initiatives.

Weak cash generation

Negative operating and free cash flow erode liquidity and the company’s ability to self‑fund growth, dividends or debt paydown. If cash conversion does not sustainably recover, management will face tradeoffs between capex, marketing and accelerated deleveraging, which can slow durable margin and revenue initiatives.

Vans underperformance and traffic decline

Prolonged weakness at a major brand is a structural risk to consolidated growth and margins. Persistent store traffic declines and reliance on e-commerce to offset losses increase marketing and fulfillment costs, delaying brand recovery and reducing predictability of cash flows from a core business segment.

VF Business Overview & Revenue Model

Company Description

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work. The company offers outdoor, merino wool and other natural fibers-based, lifestyle, and casual apparel; footwear; equipment; accessories; outdoor-inspired, performance-based, youth culture/action sports-inspired, streetwear, and protective work footwear; handbags, luggage, backpacks, and totes; and work and work-inspired lifestyle apparel and footwear. It provides its products under the North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Dickies, and Timberland PRO brand names. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms. V.F. Corporation was founded in 1899 and is headquartered in Denver, Colorado.

How the Company Makes Money

VF makes money primarily by selling branded apparel, footwear, and accessories through two main routes: wholesale and direct-to-consumer (DTC). In wholesale, VF sells products to third-party retailers (e.g., department stores, specialty stores, and online retailers), typically at agreed wholesale prices, with revenue recognized when control of goods transfers under customer-specific terms; this channel benefits from scale distribution but is influenced by retailer ordering patterns, inventory levels, and promotional activity. In DTC, VF sells directly to end consumers via brand-owned e-commerce sites and physical retail stores, capturing the full retail margin while also bearing higher operating costs (store operations, fulfillment, returns, digital marketing, and customer service). Across both channels, VF’s earnings are driven by brand demand, product innovation and seasonal launches, pricing and promotional discipline, merchandising, and supply-chain execution (sourcing, inventory management, and logistics). VF also generates revenue from select licensing and collaboration arrangements tied to its brands when applicable; specific material partnerships or their quantitative contribution are null.

VF Financial Statement Overview

Summary

Despite a TTM revenue rebound and a return to modest profitability, fundamentals remain pressured by elevated leverage (debt ~3.0x equity) and materially weaker cash generation, with both operating cash flow and free cash flow negative in TTM. Earnings have also been volatile across recent years, limiting confidence in durability.

Income Statement

Revenue returned to growth in TTM (Trailing-Twelve-Months) (+43.9% vs. the prior period shown), but profitability remains thin with low operating and net margins (about 2.6% and 2.3%, respectively). Results have been volatile: strong profitability in 2022 was followed by material losses in 2024 and a small loss in 2025 (annual), before turning modestly profitable again in TTM. Overall, the top-line rebound is a positive, but earnings quality and consistency are still a concern.

Balance Sheet

Leverage is elevated, with debt running roughly 3.0x equity in TTM (Trailing-Twelve-Months), and the company has carried similarly high leverage across recent years. Equity has also been pressured versus earlier periods, which limits balance-sheet flexibility. While TTM returns on equity are positive, the sharp swings (including deeply negative annual returns in 2024–2025) highlight ongoing risk around profitability and deleveraging capacity.

Cash Flow

Cash generation weakened materially in TTM (Trailing-Twelve-Months), with operating cash flow and free cash flow both negative, a significant reversal from positive cash flow in 2024–2025 (annual). The magnitude of the decline in free cash flow (large negative growth rate) raises funding and liquidity risk if the weakness persists. The main positive is that cash flow has been strong in some prior years, suggesting potential for recovery, but current momentum is clearly unfavorable.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	9.58B	9.50B	9.92B	11.09B	11.84B	9.24B
Gross Profit	5.16B	5.08B	5.12B	5.80B	6.46B	4.91B
EBITDA	961.05M	729.01M	782.22M	1.14B	1.95B	1.05B
Net Income	223.41M	-189.72M	-968.88M	118.58M	1.39B	407.87M
Balance Sheet
Total Assets	10.43B	9.38B	11.61B	13.99B	13.34B	13.75B
Cash, Cash Equivalents and Short-Term Investments	1.47B	429.38M	814.89M	814.89M	1.28B	1.41B
Total Debt	5.34B	5.37B	7.43B	8.15B	6.80B	7.36B
Total Liabilities	8.65B	7.89B	9.95B	11.08B	9.81B	10.70B
Stockholders Equity	1.78B	1.49B	1.66B	2.91B	3.53B	3.06B
Cash Flow
Free Cash Flow	-665.70M	339.21M	803.60M	-900.92M	535.97M	1.04B
Operating Cash Flow	-534.62M	465.24M	1.01B	-655.79M	864.29M	1.31B
Investing Cash Flow	-1.11B	1.43B	-172.26M	-188.05M	903.74M	-2.90B
Financing Cash Flow	824.48M	-2.15B	-959.62M	463.91M	-1.27B	1.05B

VF Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VFC, the sentiment is Negative. The current price of 16.38 is below the 20-day moving average (MA) of 18.11, below the 50-day MA of 19.17, and above the 200-day MA of 15.55, indicating a neutral trend. The MACD of -0.96 indicates Positive momentum. The RSI at 33.33 is Neutral, neither overbought nor oversold. The STOCH value of 23.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VFC.

VF Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KTB	71 Outperform	$3.82B	15.01	45.05%	3.36%	9.90%	-12.67%
RL	69 Neutral	$20.69B	15.13	34.74%	0.93%	12.32%	29.40%
COLM	68 Neutral	$2.88B	17.00	10.53%	2.18%	2.76%	-7.83%
PVH	64 Neutral	$2.85B	215.89	6.99%	0.22%	0.52%	-45.80%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LEVI	60 Neutral	$7.22B	15.25	27.00%	2.58%	-1.23%	109.67%
VFC	53 Neutral	$6.41B	6.01	14.79%	1.95%	-3.12%	―

VF Corporate Events

VF Corporation announces key senior leadership transition

On January 26, 2026, V.F. Corporation announced senior leadership changes as part of a planned transition, reflecting an adjustment in how it organizes its commercial and regional leadership functions. Effective January 28, 2026, Brent Hyder, previously Executive Vice President, Chief People Officer and President, Americas, became Chief Commercial Officer, giving him a central role in driving the company’s commercial strategy, while former Chief Commercial Officer and President, Emerging Brands, Martino Scabbia Guerrini stepped down from those positions to serve as senior advisor to the Chief Executive Officer, signaling a shift in executive responsibilities while retaining his experience at the advisory level.

The most recent analyst rating on (VFC) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on VF stock, see the VFC Stock Forecast page.

VF Reports Q3 2026 Results and Declares Dividend

On January 28, 2026, VF reported third-quarter fiscal 2026 results showing modest revenue growth, improved profitability and continued balance sheet strengthening, while its board declared a quarterly dividend of $0.09 per share payable on March 19, 2026 to shareholders of record on March 10, 2026. In Q3’26, revenue rose 1% year on year, or 4% excluding the recently sold Dickies brand, with The North Face and Timberland each delivering mid‑single‑digit constant-currency growth, global direct-to-consumer sales turning positive and the Americas posting its strongest performance in more than three years; operating income climbed to $289 million, or $341 million on an adjusted basis excluding Dickies, gross margin and operating margin expanded versus last year, and net debt fell by $0.5 billion, prompting management to introduce flat to slightly higher revenue guidance for the fourth quarter, reiterate full‑year targets for higher free cash flow and operating income, and reaffirm leverage goals of at or below 3.5x by fiscal year-end 2026.

The most recent analyst rating on (VFC) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on VF stock, see the VFC Stock Forecast page.

VF Corporation to Fully Redeem 4.125% Senior Notes

On January 8, 2026, V.F. Corporation announced it would redeem all of its outstanding 4.125% Senior Notes due 2026, listed on the NYSE under the symbol VFC26. The company expects the redemption to occur on February 7, 2026, at a price equal to 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date, signaling an upcoming change in its capital structure that may affect its debt profile and interest expense.

The most recent analyst rating on (VFC) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on VF stock, see the VFC Stock Forecast page.