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V.F. Corporation

VFC
43
Apparel - Manufacturers · Consumer Cyclical
Also trades as: 0R30.L
Winston Score
43
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 27, 2026
How the score breaks down
Quality
Mixed
Growth
Good
Cash Flow
Strong
Stability
Mixed
Valuation
Strong
Dividends
Mixed

Winston Score History

The full picture

V.F. Corporation is a large American clothing and footwear company that owns several well-known brands. Its biggest names include Vans (skateboarding-inspired shoes and apparel), The North Face (outdoor gear and jackets), and Timberland (boots and outdoor clothing). It sells to everyday consumers through its own stores, websites, and third-party retailers like department stores and sporting goods shops.

The company makes money by designing and marketing its brands, then selling products at wholesale to retailers or directly to shoppers online and in its own stores. V.F. Corporation operates globally, with significant sales in North America, Europe, and Asia, and generates roughly $11 billion in annual revenue. Its main competitive advantage is owning strong lifestyle brands with loyal customer bases, but the company has taken on heavy debt in recent years and is currently selling off brands and cutting costs to stabilize its finances — making debt reduction the central challenge facing the business today.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+1.0% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+23.1% YoY

YoY Growth Rate

Steady EPS growth

Insider Activity

0.4%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

5+ years

Quarterly Free Cash Flow

↓ Burn rate worsening

$952M cash & investments at current burn rate

Growth context

V.F. Corporation is growing revenue at 1% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
54.9%
Healthy — 54.9% gross margin
Profit after running costs
Operating Margin
-5.0%
Losing money on operations — -5.0%
Return on the money invested
ROCE
11.0%
Below par — 11.0% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+0.2%
Nearly flat sales (+0.2% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

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Cash Flow

Profit that turns into cash
Cash Conversion
275%
Turns 275% of profit into real cash
Spare cash per sale
FCF Margin
6.1%
Modest free cash flow (6.1%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
1.99
Elevated debt (1.99)
Covers its interest
Interest Cover
3.78x
Tight — interest eats into profit (3.8x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
20.5x
no trend
Growth-priced — P/E 20.5

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+9.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (20.5 → 11.4)

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Dividends

Dividend
Dividend Yield
2.34%
no trend
Moderate income — 2.34% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+0.0%
no trend
Dividend flat

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