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Side-by-side financial comparison of PVH CORP. (PVH) and Xylem Inc. (XYL). Click either name above to swap in a different company.
PVH CORP. is the larger business by last-quarter revenue ($2.3B vs $2.1B, roughly 1.1× Xylem Inc.). Xylem Inc. runs the higher net margin — 8.9% vs 0.2%, a 8.7% gap on every dollar of revenue. On growth, Xylem Inc. posted the faster year-over-year revenue change (2.7% vs 1.7%).
PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.
Xylem is one of the two types of transport tissue in vascular plants, the other being phloem; both of these are part of the vascular bundle. The basic function of the xylem is to transport water upward from the roots to parts of the plants such as stems and leaves, but it also transports nutrients. The word xylem is derived from the Ancient Greek word ξύλον (xúlon), meaning "wood"; the best-known xylem tissue is wood, though it is found throughout a plant.
PVH vs XYL — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $2.3B | $2.1B |
| Net Profit | $4.2M | $189.0M |
| Gross Margin | 56.3% | 37.8% |
| Operating Margin | 7.9% | 11.5% |
| Net Margin | 0.2% | 8.9% |
| Revenue YoY | 1.7% | 2.7% |
| Net Profit YoY | -96.8% | 100.0% |
| EPS (diluted) | $0.09 | $0.79 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.3B | $2.4B | ||
| Q3 25 | $2.2B | $2.3B | ||
| Q2 25 | $2.0B | $2.3B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.2B |
| Q1 26 | — | $189.0M | ||
| Q4 25 | $4.2M | $335.0M | ||
| Q3 25 | $224.2M | $227.0M | ||
| Q2 25 | $-44.8M | $226.0M | ||
| Q1 25 | — | $169.0M | ||
| Q4 24 | — | $326.0M | ||
| Q3 24 | — | $217.0M | ||
| Q2 24 | — | $194.0M |
| Q1 26 | — | 37.8% | ||
| Q4 25 | 56.3% | 38.9% | ||
| Q3 25 | 57.7% | 38.9% | ||
| Q2 25 | 58.6% | 38.8% | ||
| Q1 25 | — | 37.1% | ||
| Q4 24 | — | 38.0% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 37.8% |
| Q1 26 | — | 11.5% | ||
| Q4 25 | 7.9% | 14.7% | ||
| Q3 25 | 6.1% | 14.7% | ||
| Q2 25 | -16.7% | 13.3% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | 11.7% |
| Q1 26 | — | 8.9% | ||
| Q4 25 | 0.2% | 14.0% | ||
| Q3 25 | 10.3% | 10.0% | ||
| Q2 25 | -2.3% | 9.8% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | — | 8.9% |
| Q1 26 | — | $0.79 | ||
| Q4 25 | $0.09 | $1.37 | ||
| Q3 25 | $4.63 | $0.93 | ||
| Q2 25 | $-0.88 | $0.93 | ||
| Q1 25 | — | $0.69 | ||
| Q4 24 | — | $1.33 | ||
| Q3 24 | — | $0.89 | ||
| Q2 24 | — | $0.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $158.2M | $808.0M |
| Total DebtLower is stronger | $2.3B | $1.9B |
| Stockholders' EquityBook value | $4.9B | $11.0B |
| Total Assets | $11.4B | $17.0B |
| Debt / EquityLower = less leverage | 0.46× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $808.0M | ||
| Q4 25 | $158.2M | $1.5B | ||
| Q3 25 | $248.8M | $1.2B | ||
| Q2 25 | $191.0M | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $989.0M | ||
| Q2 24 | — | $815.0M |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.3B | $2.0B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $11.0B | ||
| Q4 25 | $4.9B | $11.5B | ||
| Q3 25 | $4.9B | $11.2B | ||
| Q2 25 | $4.6B | $11.1B | ||
| Q1 25 | — | $10.8B | ||
| Q4 24 | — | $10.6B | ||
| Q3 24 | — | $10.6B | ||
| Q2 24 | — | $10.3B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $11.4B | $17.6B | ||
| Q3 25 | $11.6B | $17.3B | ||
| Q2 25 | $10.7B | $17.2B | ||
| Q1 25 | — | $16.6B | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | $16.0B | ||
| Q2 24 | — | $15.8B |
| Q1 26 | — | 0.18× | ||
| Q4 25 | 0.46× | 0.17× | ||
| Q3 25 | 0.47× | 0.18× | ||
| Q2 25 | 0.48× | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-44.5M | — |
| Free Cash FlowOCF − Capex | $-85.1M | — |
| FCF MarginFCF / Revenue | -3.7% | — |
| Capex IntensityCapex / Revenue | 1.8% | 4.2% |
| Cash ConversionOCF / Net Profit | -10.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-44.5M | $543.0M | ||
| Q3 25 | $213.1M | $360.0M | ||
| Q2 25 | $-71.4M | $305.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $575.0M | ||
| Q3 24 | — | $311.0M | ||
| Q2 24 | — | $288.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-85.1M | $460.0M | ||
| Q3 25 | $181.9M | $281.0M | ||
| Q2 25 | $-98.1M | $207.0M | ||
| Q1 25 | — | $-38.0M | ||
| Q4 24 | — | $475.0M | ||
| Q3 24 | — | $237.0M | ||
| Q2 24 | — | $215.0M |
| Q1 26 | — | — | ||
| Q4 25 | -3.7% | 19.2% | ||
| Q3 25 | 8.4% | 12.4% | ||
| Q2 25 | -4.9% | 9.0% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 11.3% | ||
| Q2 24 | — | 9.9% |
| Q1 26 | — | 4.2% | ||
| Q4 25 | 1.8% | 3.5% | ||
| Q3 25 | 1.4% | 3.5% | ||
| Q2 25 | 1.3% | 4.3% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | -10.60× | 1.62× | ||
| Q3 25 | 0.95× | 1.59× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 1.76× | ||
| Q3 24 | — | 1.43× | ||
| Q2 24 | — | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PVH
| Sales Channel Salesto Wholesale Customers | $1.0B | 44% |
| Sales Channel Sales To Owned And Operated Retail Customers | $868.0M | 38% |
| Sales Channel Sales To Owned And Operated Digital Retail Customers | $186.6M | 8% |
| Licensing | $99.5M | 4% |
| Other | $75.8M | 3% |
| Heritage Brands | $51.3M | 2% |
XYL
| Revenue from products | $1.8B | 83% |
| Revenue from services | $368.0M | 17% |