Kontoor Brands, Inc. key statistics and ratios

In fiscal 2025, Kontoor Brands, Inc. had return on equity of 47.1%, an operating margin of 10.7%, debt equal to 203.6% of equity and a current ratio of 1.82. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Kontoor Brands, Inc.: financial ratios, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Jan 2021	2021Jan 2022	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Jan 2026	LTMJul 2026
Gross margin	41.4%	40.3%	39.4%	41.2%	44.7%	43.1%	41.7%	44.5%	45.2%	48.2%
Operating margin	12.6%	12.0%	6.6%	5.9%	11.4%	13.6%	12.2%	13.1%	10.7%	11.9%
Net margin	4.1%	9.5%	3.8%	3.2%	7.9%	9.3%	8.9%	9.4%	7.2%	8.7%
Free-cash-flow margin	5.1%	−4.2%	29.6%	10.7%	11.0%	2.5%	12.6%	13.4%	13.8%	13.8%
Return on equity	8.6%	17.1%	10.8%	88.3%	167.9%	123.1%	74.2%	63.7%	47.1%	45.3%
Return on assets	—	10.7%	4.9%	4.4%	12.7%	15.8%	14.3%	14.9%	10.7%	10.2%
Asset turnover	—	1.12	1.28	1.37	1.61	1.69	1.62	1.58	1.49	1.17
Current ratio	—	3.15	2.32	2.18	2.00	2.23	2.66	2.70	1.82	1.83
Debt to equity	0.0%	0.2%	>999%	>999%	540.0%	319.0%	212.4%	186.2%	203.6%	185.0%
Interest cover (operating income ÷ interest)	—	—	4.7x	2.5x	7.3x	10.2x	7.9x	8.4x	5.4x	5.2x
Effective tax rate	67.6%	22.6%	28.5%	6.9%	20.1%	23.1%	15.0%	18.5%	24.3%	24.7%
SG&A as % of revenue	28.8%	28.3%	31.5%	35.3%	33.3%	29.6%	29.5%	31.4%	34.5%	36.3%
Capital spending as % of revenue	0.9%	0.8%	0.9%	0.9%	0.4%	0.7%	1.0%	0.7%	0.7%	0.8%
Free cash flow ÷ net income	123.1%	−44.6%	781.2%	329.5%	139.9%	26.6%	142.5%	142.2%	191.1%	157.7%
Dividends ÷ net income	0.0%	0.0%	65.8%	80.6%	48.7%	42.2%	47.0%	45.6%	51.0%	43.6%
Dividends and buybacks ÷ free cash flow	0.0%	—	8.4%	24.5%	62.4%	254.8%	42.1%	56.6%	32.5%	51.4%

US$ thousands unless shown otherwise. Fiscal quarters.

Kontoor Brands, Inc.: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Jan 2026	2026 Q1Apr 2026	2026 Q2Jul 2026
Gross margin	44.7%	43.7%	45.6%	46.5%	41.3%	46.2%	53.7%	56.2%
Operating margin	14.7%	12.1%	7.4%	11.6%	7.5%	11.9%	14.7%	15.5%
Net margin	10.5%	9.1%	10.1%	15.0%	4.3%	7.2%	15.1%	11.1%
Free-cash-flow margin	19.4%	10.7%	17.8%	4.6%	6.4%	27.7%	6.6%	7.8%
Current ratio	2.50	2.70	2.78	2.18	1.91	1.82	1.87	1.83
Debt to equity	208.7%	185.1%	172.4%	274.2%	253.4%	202.4%	184.8%	185.0%
SG&A as % of revenue	30.0%	31.6%	38.1%	35.0%	33.8%	34.3%	39.0%	40.7%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 7 checks passed · July 4, 2026

What it owns · $2.7bn

Short-term assets $1.1bnLonger-term assets $1.5bn

What it owes, and who funded it · $2.7bn

Short-term liabilities $627mLonger-term liabilities $1.4bnShareholders' equity $619m

Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $627m of liabilities due within a year.
Short-term assets cover long-term liabilities $1.1bn short-term assets against $1.4bn of longer-dated liabilities.
More cash than debt $58m of cash against $1.1bn of debt.
Debt below 40% of shareholders' equity Debt is 185% of equity.
Debt burden no higher than five years ago Debt to equity moved from 534% to 185% over five years.
A year's operating cash flow covers at least 20% of debt $446m of operating cash flow against $1.1bn of debt.
Operating profit covers interest at least five times over Operating income of $366m against $71m of interest.

From Kontoor Brands, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

71 /100

Strong moat

How hard Kontoor Brands's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 20 / 20

Cash operating profit has been a median 16.3% of total assets over 8 years.
Pricing power 14 / 20

Gross margin has been a median 43.5%, moving by 2.9 percentage points (standard deviation) across 8 years.
Durability 7 / 20

Operating margin has been a median 11.9%; its worst year was 3.2%.
Cash conversion 17 / 20

Free cash flow was positive in 8 of 8 years, at a median 13.5% of revenue.
Discipline 18 / 20

The diluted share count fell 5.1% over five years; stock-based pay has been a median 1.0% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (76 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Kontoor Brands, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Kontoor Brands, Inc.