V.F. Corporation

Organized in 1899, VF Corporation is a global leader in branded lifestyle apparel, footwear and accessories, with a diverse portfolio of more than 30 iconic brands, 60,000 associates from around the world and $12.3 billion in revenue. Our businesses and brands are organized into five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands.

While VF is highly diversified across brands, products, distribution channels and geographies, our One VF culture and approach to doing business provide a unique and powerful competitive advantage. Our five largest brands are The North Face®, Vans®, Wrangler®, Timberland® and Lee®. Other brands include 7 For All Mankind®, Bulwark®, Eagle Creek®, Eastpak®, Ella Moss®, JanSport®, Kipling®, lucy®, Majestic®, Napapijri®, Nautica®, Red Kap®, Reef®, Riders®, Splendid® and SmartWool®.


Company Growth (employees)
Type
Public
HQ
Greensboro, US
Founded
1899
Size (employees)
69,000 (est)
Website
vfc.com
V.F. Corporation was founded in 1899 and is headquartered in Greensboro, US

Key People at V.F. Corporation

Steve Rendle

Steve Rendle

President, Chief Executive Officer & Director
Scott Roe

Scott Roe

Vice President & Chief Financial Officer

V.F. Corporation Office Locations

V.F. Corporation has offices in Greensboro, Hong Kong and Stabio
Greensboro, US (HQ)
105 Corporate Center Blvd
Stabio, CH
5 Via Laveggio
Hong Kong, HK
C Bons International Centre 108 Wai Yip St

V.F. Corporation Data and Metrics

V.F. Corporation Financial Metrics

V.F. Corporation's revenue was reported to be $11.9 b in FY, 2016 which is a 3% decrease from the previous period.
$, USD

Revenue (FY, 2016)

11.9 b

Revenue growth (FY, 2015 - FY, 2016), %

(3%)

Gross profit (FY, 2016)

5.7 b

Gross profit margin (FY, 2016), %

48%

Net income (FY, 2016)

1.1 b

EBIT (FY, 2016)

1.5 b

Market capitalization (23-Jun-2017)

22.6 b

Closing share price (23-Jun-2017)

55.8

Cash (31-Dec-2016)

1.2 b

EV

23.7 b
V.F. Corporation's current market capitalization is $22.6 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

11.3 b12.2 b12.3 b11.9 b

Revenue growth, %

8%1%(3%)

Cost of goods sold

5.9 b6.3 b6.4 b6.2 b

Gross profit

5.4 b5.9 b5.9 b5.7 b

Gross profit Margin, %

48%48%48%48%

Operating expense total

9.8 b10.8 b10.7 b10.5 b

EBIT

1.6 b1.4 b1.7 b1.5 b

EBIT margin, %

15%12%14%13%

Interest expense

84.8 m86.7 m89.4 m94.7 m

Interest income

4.1 m6.9 m7.2 m9.1 m

Pre tax profit

1.6 b1.4 b1.6 b1.4 b

Income tax expense

352.4 m304.9 m348.8 m243.1 m

Net Income

1.2 b1 b1.2 b1.1 b
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

776.4 m971.9 m945.6 m1.2 b

Inventories

1.4 b1.5 b1.6 b1.6 b

Current Assets

3.9 b4.2 b4.2 b4.3 b

Goodwill

2 b1.8 b1.8 b1.7 b

Total Assets

10.3 b10 b9.6 b9.7 b

Accounts Payable

638.7 m690.8 m689.6 m664.6 m

Total Debt

1.5 b1.4 b1.9 b2.3 b

Current Liabilities

1.6 b1.6 b1.9 b1.8 b

Additional Paid-in Capital

2.7 b3 b3.2 b3.3 b

Retained Earnings

3.4 b3.2 b3.1 b2.5 b

Total Equity

6.1 b5.6 b5.4 b4.9 b

Debt to Equity Ratio

0.2 x0.3 x0.3 x0.5 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x0.2 x

Financial Leverage

1.7 x1.8 x1.8 x2 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.2 b1 b1.2 b1.1 b

Accounts Receivable

(155.1 m)854 k(124.2 m)47.1 m

Inventories

(47.2 m)(130.5 m)(175.1 m)(37.2 m)

Accounts Payable

75.1 m69.8 m14.2 m(9.6 m)

Cash From Operating Activities

1.5 b1.7 b1.1 b1.5 b

Capital Expenditures

(271.2 m)(234.1 m)(254.5 m)(175.8 m)

Cash From Investing Activities

(350.3 m)(329.3 m)(322.8 m)(112.4 m)

Long-term Borrowings

(404.9 m)(4.8 m)(4 m)(13.3 m)

Dividends Paid

(402.1 m)(478.9 m)(565.3 m)(636 m)

Cash From Financing Activities

(983.8 m)(1.1 b)(783.3 m)(1.1 b)

Free Cash Flow

1.8 b1.9 b1.4 b1.7 b
$, USDY, 2016

EV/EBIT

15.8 x

EV/CFO

16 x

EV/FCF

14.3 x

Revenue/Employee

181.3 k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x

V.F. Corporation Market Value History

V.F. Corporation Online and Social Media Presence

V.F. Corporation Company Life and Culture

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