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Kontoor Brands, Inc.（KTB）与PVH CORP.（PVH）财务数据对比。点击上方公司名可切换其他公司
PVH CORP.的季度营收约是Kontoor Brands, Inc.的2.7倍（$2.3B vs $853.2M）。Kontoor Brands, Inc.净利率更高（4.3% vs 0.2%，领先4.1%）。Kontoor Brands, Inc.同比增速更快（27.3% vs 1.7%）。Kontoor Brands, Inc.自由现金流更多（$55.8M vs $-85.1M）
Kontoor Brands是美国知名服装企业，2019年5月从威富集团分拆独立运营，旗下拥有Lee、Wrangler、Helly Hansen等国际知名服饰品牌，面向全球市场销售各类服饰产品，在休闲服饰及户外功能服饰领域拥有广泛的消费者基础。
PVH集团是源自美国的知名服饰企业，前身为Phillips-Van Heusen公司，旗下拥有Tommy Hilfiger、Calvin Klein等标志性时尚品牌，同时还获得Kenneth Cole New York、Michael Kors等品牌的授权经营许可，在全球服饰消费市场拥有广泛影响力。
KTB vs PVH — 直观对比
营收规模更大
PVH
是对方的2.7倍
$853.2M
营收增速更快
KTB
高出25.6%
1.7%
净利率更高
KTB
高出4.1%
0.2%
自由现金流更多
KTB
多$140.9M
$-85.1M
损益表 — Q3 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $853.2M | $2.3B |
| 净利润 | $36.9M | $4.2M |
| 毛利率 | 41.3% | 56.3% |
| 营业利润率 | 7.5% | 7.9% |
| 净利率 | 4.3% | 0.2% |
| 营收同比 | 27.3% | 1.7% |
| 净利润同比 | -47.6% | -96.8% |
| 每股收益（稀释后） | $0.66 | $0.09 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KTBPVH
| Q4 25 | — | $2.3B | ||
| Q3 25 | $853.2M | $2.2B | ||
| Q2 25 | $658.3M | $2.0B | ||
| Q1 25 | $622.9M | — | ||
| Q4 24 | $699.3M | — | ||
| Q3 24 | $670.2M | — | ||
| Q2 24 | $606.9M | — | ||
| Q1 24 | $631.2M | — |
净利润KTBPVH
| Q4 25 | — | $4.2M | ||
| Q3 25 | $36.9M | $224.2M | ||
| Q2 25 | $73.9M | $-44.8M | ||
| Q1 25 | $42.9M | — | ||
| Q4 24 | $64.0M | — | ||
| Q3 24 | $70.5M | — | ||
| Q2 24 | $51.8M | — | ||
| Q1 24 | $59.5M | — |
毛利率KTBPVH
| Q4 25 | — | 56.3% | ||
| Q3 25 | 41.3% | 57.7% | ||
| Q2 25 | 46.3% | 58.6% | ||
| Q1 25 | 47.5% | — | ||
| Q4 24 | 43.7% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.7% | — | ||
| Q1 24 | 45.2% | — |
营业利润率KTBPVH
| Q4 25 | — | 7.9% | ||
| Q3 25 | 7.5% | 6.1% | ||
| Q2 25 | 11.9% | -16.7% | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 12.4% | — | ||
| Q1 24 | 13.4% | — |
净利率KTBPVH
| Q4 25 | — | 0.2% | ||
| Q3 25 | 4.3% | 10.3% | ||
| Q2 25 | 11.2% | -2.3% | ||
| Q1 25 | 6.9% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 10.5% | — | ||
| Q2 24 | 8.5% | — | ||
| Q1 24 | 9.4% | — |
每股收益（稀释后）KTBPVH
| Q4 25 | — | $0.09 | ||
| Q3 25 | $0.66 | $4.63 | ||
| Q2 25 | $1.32 | $-0.88 | ||
| Q1 25 | $0.76 | — | ||
| Q4 24 | $1.13 | — | ||
| Q3 24 | $1.26 | — | ||
| Q2 24 | $0.92 | — | ||
| Q1 24 | $1.05 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $82.4M | $158.2M |
| 总债务越低越好 | $1.3B | $2.3B |
| 股东权益账面价值 | $529.6M | $4.9B |
| 总资产 | $2.9B | $11.4B |
| 负债/权益比越低杠杆越低 | 2.53× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资KTBPVH
| Q4 25 | — | $158.2M | ||
| Q3 25 | $82.4M | $248.8M | ||
| Q2 25 | $107.5M | $191.0M | ||
| Q1 25 | $356.7M | — | ||
| Q4 24 | $334.1M | — | ||
| Q3 24 | $269.4M | — | ||
| Q2 24 | $224.3M | — | ||
| Q1 24 | $215.1M | — |
总债务KTBPVH
| Q4 25 | — | $2.3B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $735.6M | — | ||
| Q4 24 | $740.3M | — | ||
| Q3 24 | $745.0M | — | ||
| Q2 24 | $749.7M | — | ||
| Q1 24 | $779.2M | — |
股东权益KTBPVH
| Q4 25 | — | $4.9B | ||
| Q3 25 | $529.6M | $4.9B | ||
| Q2 25 | $498.3M | $4.6B | ||
| Q1 25 | $426.7M | — | ||
| Q4 24 | $400.1M | — | ||
| Q3 24 | $356.9M | — | ||
| Q2 24 | $367.2M | — | ||
| Q1 24 | $387.2M | — |
总资产KTBPVH
| Q4 25 | — | $11.4B | ||
| Q3 25 | $2.9B | $11.6B | ||
| Q2 25 | $2.7B | $10.7B | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.7B | — |
负债/权益比KTBPVH
| Q4 25 | — | 0.46× | ||
| Q3 25 | 2.53× | 0.47× | ||
| Q2 25 | 2.74× | 0.48× | ||
| Q1 25 | 1.72× | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | 2.09× | — | ||
| Q2 24 | 2.04× | — | ||
| Q1 24 | 2.01× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $64.1M | $-44.5M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $-85.1M |
| 自由现金流率自由现金流/营收 | 6.5% | -3.7% |
| 资本支出强度资本支出/营收 | 1.0% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.74× | -10.60× |
| 过去12个月自由现金流最近4个季度 | $228.0M | — |
8季度趋势，按日历期对齐
经营现金流KTBPVH
| Q4 25 | — | $-44.5M | ||
| Q3 25 | $64.1M | $213.1M | ||
| Q2 25 | $25.7M | $-71.4M | ||
| Q1 25 | $77.6M | — | ||
| Q4 24 | $82.0M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $96.2M | — | ||
| Q1 24 | $56.5M | — |
自由现金流KTBPVH
| Q4 25 | — | $-85.1M | ||
| Q3 25 | $55.8M | $181.9M | ||
| Q2 25 | $22.4M | $-98.1M | ||
| Q1 25 | $74.9M | — | ||
| Q4 24 | $75.0M | — | ||
| Q3 24 | $129.9M | — | ||
| Q2 24 | $92.6M | — | ||
| Q1 24 | $52.0M | — |
自由现金流率KTBPVH
| Q4 25 | — | -3.7% | ||
| Q3 25 | 6.5% | 8.4% | ||
| Q2 25 | 3.4% | -4.9% | ||
| Q1 25 | 12.0% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 19.4% | — | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | 8.2% | — |
资本支出强度KTBPVH
| Q4 25 | — | 1.8% | ||
| Q3 25 | 1.0% | 1.4% | ||
| Q2 25 | 0.5% | 1.3% | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.7% | — |
现金转化率KTBPVH
| Q4 25 | — | -10.60× | ||
| Q3 25 | 1.74× | 0.95× | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 1.81× | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 0.95× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KTB
| International Member | $292.0M | 34% |
| CTC Triangle B.V | $192.7M | 23% |
| Lee Segment | $186.7M | 22% |
| Helly Hansen Segment | $185.9M | 22% |
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% |
