Edwyn
Over the five-year period, V. F. CORPORATION displayed notable shifts in its financial performance. In 2021, the company generated revenue of approximately USD 9.24 billion and a gross profit of USD 4.87 billion. In 2022, there was a significant surge in both revenue and profitability, with revenue rising nearly 28% to about USD 11.84 billion and gross profit climbing to USD 6.46 billion. Operating income jumped from USD 607.6 million in 2021 to USD 1.63 billion in 2022, and net income more than tripled to approximately USD 1.39 billion, highlighting a strong performance likely driven by favorable market demand and improved operational efficiencies typical in the apparel and accessories industry. However, the subsequent years saw a reversal in these trends. Revenue modestly declined to USD 11.61 billion in 2023, then decreased further to USD 10.45 billion in 2024 and USD 9.50 billion in 2025. Operating income also experienced sharp volatility, falling drastically in 2023 to USD 327.7 million and turning negative in 2024 (-USD 34.1 million), although it showed a partial recovery to USD 303.8 million in 2025. Net income followed a similar downward trajectory, plummeting from USD 1.39 billion in 2022 to USD 118.6 million in 2023, and then turning significantly negative by USD 968.9 million in 2024 before slightly improving in 2025 (-USD 189.7 million). Overall, while the turnaround in 2022 showcased strong profitability, the subsequent declines in revenue and profitability raise concerns about the company’s current operational challenges and the sustainability of its financial health in a competitive market environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.