VF (VFC) AI Stock Analysis

• Market Cap: $8.29B
• Dividend Yield: 1.95%
• Average Volume (3M): 6.52M
• Price to Earnings (P/E): 37.9
• Beta (1Y): 1.41
• 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: 10,008,786
• 30 Day Avg. Volume: 6,519,530
• 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: 1.42
• Enterprise Value/Revenue: 1.22
• Enterprise Value/Gross Profit: 2.28
• Enterprise Value/Ebitda: 12.21
• 1Y Price Target: $19.40
• Price Target Upside: -8.40% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 18
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $19.50 ▼(-7.93% Downside)

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 Strength

VF's portfolio includes category-leading, durable brands that drive consistent consumer demand. The North Face and Timberland showed mid-single-digit growth while Altra's 23% expansion signals a scalable growth engine. Strong brand equity supports pricing power and long-term margins.

Direct-to-Consumer Momentum

Recovery in DTC and e-commerce improves mix toward higher-margin, higher-visibility channels. Durable DTC growth supports better margin sustainability, tighter customer data feedback loops for product/marketing, and reduced reliance on wholesale partners over the medium term.

Debt Reduction & Clear Deleveraging Targets

Material year‑over‑year debt reduction and explicit leverage targets indicate management commitment to strengthening the balance sheet. Sustained deleveraging reduces interest burden, increases financial flexibility for investment, and lowers refinancing risk over the next several years.

Negative Factors

Elevated Leverage

Sustained high leverage limits VF's financial flexibility, amplifies earnings volatility impact on solvency, and constrains capital allocation options. Persistence of ~3x debt-to-equity raises refinancing and interest-coverage risks if operating performance softens over the medium term.

Weak Cash Generation

Negative operating and free cash flow in the trailing twelve months is a structural concern: it weakens liquidity, hampers consistent debt paydown, and limits reinvestment capacity. If cash conversion doesn't normalize, funding dividends, buybacks, or capex will be constrained.

Vans Underperformance

Vans is a large, core brand whose mid-term revenue decline and sluggish retail traffic create a persistent drag on consolidated growth. Prolonged brand underperformance pressures wholesale relationships and total margins, requiring sustained turnaround execution to restore contribution.

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 Corporation generates revenue through the sale of its branded products across multiple channels, including wholesale, direct-to-consumer (DTC), and e-commerce. The company earns significant income from its wholesale partnerships with retailers and distributors, which account for a substantial portion of its sales. Additionally, VF has been focusing on expanding its DTC operations, which include branded retail stores and online platforms, allowing for higher margins. Key revenue streams also include licensing agreements and collaborations with other brands or retailers. VF's commitment to sustainability and innovation enhances its brand value and customer loyalty, contributing positively to its earnings.

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

VF Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VFC, the sentiment is Positive. The current price of 21.18 is above the 20-day moving average (MA) of 19.77, above the 50-day MA of 18.89, and above the 200-day MA of 14.71, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 63.82 is Neutral, neither overbought nor oversold. The STOCH value of 87.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VFC.

VF Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RL	75 Outperform	$21.51B	26.15	34.01%	0.93%	12.32%	29.40%
COLM	67 Neutral	$3.54B	17.72	10.16%	2.18%	2.76%	-7.83%
KTB	66 Neutral	$3.64B	16.05	49.11%	3.36%	9.90%	-12.67%
PVH	65 Neutral	$3.01B	9.33	6.70%	0.22%	0.52%	-45.80%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LEVI	60 Neutral	$7.92B	17.68	23.63%	2.58%	-1.23%	109.67%
VFC	53 Neutral	$8.29B	37.92	12.93%	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.

VF Sells Dickies Brand to Bluestar Alliance

On November 12, 2025, VF Corporation completed the sale of its Dickies brand to Bluestar Alliance LLC for $600 million in cash, marking a strategic shift in VF’s portfolio. This transaction allows VF to focus on its core brands and provides investors with adjusted financial information excluding Dickies, offering insights into VF’s underlying business trends and performance post-sale.

The most recent analyst rating on (VFC) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on VF stock, see the VFC Stock Forecast page.