V F CORP
VFC · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments · 391.8M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $292M (gross $350M, SBC $58M)
Reference price $17.17 · est. market cap ~$6.7B — last insider purchase, 2026-06-09 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C54Vans/North Face/Timberland owner mid-turnaround: improving gross margin but still loss-making at the bottom line with high leverage.
Strengths
- Strong gross margin — 54.8% (52nd)
- Positive operating margin and returns — operating margin 6.0%, ROE 13.8% (63rd)
Risks
- High leverage — D/E 1.90 (91st)
- Bottom-line still negative-trending — net income -234.4% (5th), net margin 2.7%
- Vans turnaround execution and discretionary demand per risk factors — qualitative (per 10-K)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$515,010, last 6mo) Form 4 ↗
- Revenue declineRevenue -24.7% YoY
- Notable holderHeld by 6 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, FMR LLC +3 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
54.8%
Operating margin
6.0%
Net margin
2.7%
Return on equity
13.8%
Return on assets
2.7%
ROIC
8.5%
Revenue growth (QoQ)
-24.7%
Debt / equity
1.9×
Net debt / EBITDA
3.1×
Current ratio
1.8×
EBITDA
$857M
Tangible book value
-$205M
Cash & investments
$824M
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-09 | Carucci Richard | Buy | 30K | $17.17 |
| 2026-06-04 | Phillips Michael Edward | Tax withheld | 1.6K | $16.41 |
| 2026-06-04 | Sim Jennifer S. | Tax withheld | 4.1K | $16.41 |
| 2026-06-04 | Hyder Brent | Tax withheld | 20K | $16.41 |
| 2026-06-04 | Darrell Bracken | Tax withheld | 36K | $16.41 |
| 2026-06-04 | Vogel Paul Aaron | Tax withheld | 10K | $16.41 |
| 2026-06-04 | Dalmia Abhishek | Tax withheld | 11K | $16.41 |
| 2026-05-28 | Phillips Michael Edward | Tax withheld | 941 | $17.41 |
| 2026-05-28 | Dalmia Abhishek | Tax withheld | 37K | $17.41 |
| 2026-05-22 | Vogel Paul Aaron | Grant | 108K | $16.70 |
| 2026-05-22 | GROSSMAN MINDY F | Grant | 12K | $16.70 |
| 2026-05-22 | Phillips Michael Edward | Tax withheld | 323 | $16.54 |
| 2026-05-22 | Phillips Michael Edward | Grant | 21K | $16.70 |
| 2026-05-22 | Sim Jennifer S. | Grant | 72K | $16.70 |
| 2026-05-22 | Hyder Brent | Grant | 144K | $16.70 |
| 2026-05-22 | Dalmia Abhishek | Grant | 162K | $16.70 |
| 2026-05-22 | Darrell Bracken | Grant | 395K | $16.70 |
| 2026-05-22 | Tanner Kirk | Grant | 12K | $16.70 |
| 2026-05-22 | CHUGG JULIANA L | Grant | 12K | $16.70 |
| 2026-05-22 | CHO ALEX | Grant | 12K | $16.70 |
| 2026-05-22 | Roberts Carol L | Grant | 12K | $16.70 |
| 2026-05-22 | OTIS CLARENCE JR | Grant | 12K | $16.70 |
| 2026-05-22 | Shattock Matthew J | Grant | 12K | $16.70 |
| 2026-05-22 | Lang Laura W | Grant | 12K | $16.70 |
| 2026-05-22 | HOPLAMAZIAN MARK SAMUEL | Grant | 12K | $16.70 |
| 2026-05-22 | EDWARDS TREVOR A | Grant | 12K | $16.70 |
| 2026-05-22 | Carucci Richard | Grant | 12K | $16.70 |
| 2026-02-10 | CHUGG JULIANA L | Sell | 6.7K | $21.30 |
| 2025-10-31 | Scabbia Guerrini Martino | Tax withheld | 68K | $13.87 |
| 2025-08-01 | Sim Jennifer S. | Tax withheld | 1.2K | $11.45 |
| 2025-07-17 | Darrell Bracken | Tax withheld | 18K | $12.07 |
| 2025-06-04 | Phillips Michael Edward | Grant | 22K | $12.55 |
| 2025-06-04 | Scabbia Guerrini Martino | Grant | 258K | $12.55 |
| 2025-06-04 | Sim Jennifer S. | Grant | 97K | $12.55 |
| 2025-06-04 | Hyder Brent | Grant | 387K | $12.55 |
| 2025-06-04 | Dalmia Abhishek | Grant | 194K | $12.55 |
| 2025-06-04 | Vogel Paul Aaron | Grant | 194K | $12.55 |
| 2025-06-04 | Darrell Bracken | Grant | 710K | $12.55 |
| 2025-06-04 | Tanner Kirk | Grant | 13K | $12.55 |
| 2025-06-04 | Roberts Carol L | Grant | 13K | $12.55 |
| 2025-06-04 | OTIS CLARENCE JR | Grant | 13K | $12.55 |
| 2025-06-04 | GROSSMAN MINDY F | Grant | 13K | $12.55 |
| 2025-06-04 | CHUGG JULIANA L | Grant | 13K | $12.55 |
| 2025-06-04 | CHO ALEX | Grant | 13K | $12.55 |
| 2025-06-04 | Shattock Matthew J | Grant | 13K | $12.55 |
| 2025-06-04 | Lang Laura W | Grant | 13K | $12.55 |
| 2025-06-04 | HOPLAMAZIAN MARK SAMUEL | Grant | 13K | $12.55 |
| 2025-06-04 | EDWARDS TREVOR A | Grant | 13K | $12.55 |
| 2025-06-04 | Carucci Richard | Grant | 13K | $12.55 |
| 2025-05-28 | Dalmia Abhishek | Tax withheld | 32K | $13.41 |
| 2025-05-23 | Scabbia Guerrini Martino | Tax withheld | 5.3K | $12.08 |
| 2025-05-23 | McNeill Bryan H | Tax withheld | 1.6K | $12.08 |
| 2025-05-23 | Carucci Richard | Buy | 50K | $12.05 |
| 2025-05-23 | Dalmia Abhishek | Buy | 50K | $11.78 |
| 2025-05-23 | Darrell Bracken | Buy | 86K | $11.73 |
| 2025-03-06 | Scabbia Guerrini Martino | Tax withheld | 15K | $22.18 |
| 2025-02-10 | Sim Jennifer S. | Tax withheld | 3.3K | $23.68 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-20 | ResultsReg FDExhibits | filing ↗ |
| 2026-01-28 | ResultsReg FDExhibits | filing ↗ |
| 2026-01-28 | Exec/director change | filing ↗ |
| 2026-01-08 | OtherExhibits | filing ↗ |
| 2025-11-12 | Reg FDExhibits | filing ↗ |
| 2025-10-28 | ResultsReg FDExhibits | filing ↗ |
| 2025-09-17 | Reg FDExhibits | filing ↗ |
| 2025-08-27 | Material agreement1.02Debt obligationExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-20 | 2026-05-20 | 0000103379-26-000028 ↗ |
| 10-K | 2026-05-20 | 2026-03-28 | 0000103379-26-000030 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0000103379-26-000008 ↗ |
| 8-K | 2026-01-28 | 2026-01-26 | 0000103379-26-000013 ↗ |
| 10-Q | 2026-01-28 | 2025-12-27 | 0000103379-26-000011 ↗ |
| 8-K | 2026-01-08 | 2026-01-08 | 0000103379-26-000004 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0000103379-25-000066 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0000103379-25-000058 ↗ |
| 10-Q | 2025-10-28 | 2025-09-27 | 0000103379-25-000060 ↗ |
| 8-K | 2025-09-17 | 2025-09-17 | 0001193125-25-205451 ↗ |
| 8-K | 2025-08-27 | 2025-08-26 | 0001193125-25-189877 ↗ |
| 10-Q | 2025-07-30 | 2025-06-28 | 0000103379-25-000036 ↗ |