Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, sells, and licenses apparel, footwear, and accessories, primarily under the Wrangler, Lee, and Helly Hansen brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Musto, Chic, and Rock & Republic brand names. The company sells its products through mass merchants, outdoor and sporting goods stores, specialty stores, department stores, company-operated stores, business-to-business through workwear and uniform businesses, and online, including digital marketplaces, as well as through wholesale and direct-to-consumer channels. It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.2B | $403M | $227M | $431M | 40.3% | 20.9% | -7.5% |
| 2024 | $2.6B | $385M | $246M | $346M | 61.4% | 0.0% | 6.4% |
| 2023 | $2.6B | $350M | $231M | $319M | 62.1% | -0.9% | -5.9% |
| 2022 | $2.6B | $391M | $245M | $55M | 97.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,631.44 | 2,607.47 | 2,607.58 | 3,152.46 |
| Operating Revenue | - | 2,620.17 | 2,596.65 | 2,596.61 | 3,124.71 |
| Cost Of Revenue | - | 1,497.08 | 1,519.64 | 1,446.01 | 1,729.07 |
| Gross Profit | - | 1,134.37 | 1,087.84 | 1,161.57 | 1,423.39 |
| Operating Expense | - | 777.70 | 762.88 | 817.48 | 1,077.90 |
| Selling General And Administration | - | 777.70 | 762.88 | 817.48 | 1,077.90 |
| Total Expenses | - | 2,274.78 | 2,282.51 | 2,263.49 | 2,806.97 |
| Operating Income | - | 356.66 | 324.96 | 344.09 | 345.49 |
| Total Operating Income As Reported | - | 356.66 | 319.27 | 342.29 | 336.81 |
| EBITDA | - | 391.18 | 350.35 | 384.88 | 403.21 |
| Normalized EBITDA | - | 391.18 | 356.04 | 386.68 | 411.89 |
| EBIT | - | 354.06 | 312.31 | 342.25 | 355.42 |
| Interest Income | - | 1.35 | 3.79 | 11.15 | 7.30 |
| Interest Expense | - | 34.92 | 40.41 | 40.82 | 62.16 |
| Net Interest Income | - | -33.57 | -36.62 | -29.68 | -54.86 |
| Other Non Operating Income Expenses | - | -3.96 | -10.75 | -11.19 | 11.32 |
| Other Income Expense | - | -3.96 | -16.44 | -12.99 | 2.64 |
| Interest Income Non Operating | - | 1.35 | 3.79 | 11.15 | 7.30 |
| Interest Expense Non Operating | - | 34.92 | 40.41 | 40.82 | 62.16 |
| Net Non Operating Interest Income Expense | - | -33.57 | -36.62 | -29.68 | -54.86 |
| Pretax Income | - | 319.14 | 271.90 | 301.42 | 293.26 |
| Tax Provision | - | 73.64 | 40.90 | 55.62 | 71.22 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -0.85 | -0.33 | -2.11 |
| Net Income Continuous Operations | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Net Income From Continuing And Discontinued Operation | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Net Income From Continuing Operation Net Minority Interest | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Net Income | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Net Income Common Stockholders | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Net Income Including Noncontrolling Interests | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Normalized Income | - | 245.49 | 235.83 | 247.27 | 234.02 |
| Diluted NI Availto Com Stockholders | - | 245.49 | 230.99 | 245.80 | 227.45 |
| Basic Average Shares | - | 55.74 | 55.96 | 55.55 | 55.50 |
| Diluted Average Shares | - | 56.96 | 56.93 | 56.32 | 56.11 |
| Reconciled Depreciation | - | 37.13 | 38.05 | 42.64 | 47.79 |
| Reconciled Cost Of Revenue | - | 1,497.08 | 1,519.64 | 1,446.01 | 1,729.07 |
| Total Unusual Items | 0 | - | -5.69 | -1.80 | -8.68 |
| Total Unusual Items Excluding Goodwill | 0 | - | -5.69 | -1.80 | -8.68 |
| Earnings From Equity Interest Net Of Tax | - | - | 0 | 0 | 5.41 |
| Special Income Charges | 0 | - | -5.69 | -1.80 | -8.68 |
| Impairment Of Capital Assets | 0 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | - | 5.69 | 1.80 | 8.68 |
| General And Administrative Expense | - | - | 762.88 | 817.48 | 1,077.90 |
| Other Gand A | - | - | 762.88 | 817.48 | 1,077.90 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Kontoor Brands, Inc.this co. | KTB | $3.8B | 16.68 | 6.72 | 40.3% | 12.35 |
| Tri Pointe Homes, Inc. | TPH | $4.0B | 16.58 | 1.21 | 7.3% | 12.94 |
| Dana Incorporated | DAN | $4.0B | 46.72 | 4.73 | 10.1% | 13.87 |
| OPENLANE, Inc. | OPLN | $3.9B | - | 3.12 | -8.3% | 14.29 |
| Atmus Filtration Technologies Inc. | ATMU | $3.9B | 18.59 |
| - |
| - |
| - |
| - |
| - |
| 10.19 |
| 54.8% |
| 12.84 |
| Dorman Products, Inc. | DORM | $3.8B | 18.74 | 2.59 | 13.8% | 11.99 |
| Group 1 Automotive, Inc. | GPI | $3.6B | 11.17 | 1.30 | 11.7% | 11.07 |
| M/I Homes, Inc. | MHO | $3.6B | 8.85 | 1.13 | 12.7% | 6.84 |
| Versigent PLC | VGNT | $3.6B | 7.23 | 2.16 | 29.8% | 3.93 |
| Peer Median | - | 16.58 | 2.37 | 12.2% | 12.41 | |