Kontoor Brands (KTB) financial statements
Kontoor Brands reported revenue of $3.2B in fiscal 2025, up 1.4% a year over 8 years.
Net income was $227M and the operating margin 10.7%, against 12.6% in 2017.
Free cash flow was $435M, and the company returned $116M in dividends and $25M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kontoor Brands's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | $2.5B | $2.1B | $2.5B | $2.6B | $2.6B | $2.6B | $3.2B |
| Cost of revenue | $1.7B | $1.6B | $1.5B | $1.2B | $1.4B | $1.5B | $1.5B | $1.4B | $1.7B |
| Gross profit | $1.2B | $1.1B | $1.0B | $864M | $1.1B | $1.1B | $1.1B | $1.2B | $1.4B |
| Selling, general and admin | $815M | $782M | $803M | $740M | $825M | $778M | $769M | $819M | $1.1B |
| Operating income | $357M | $333M | $168M | $124M | $283M | $357M | $319M | $342M | $337M |
| Interest expense | $1M | $1M | $36M | $50M | $39M | $35M | $40M | $41M | $62M |
| Pre-tax income | $359M | $340M | $135M | $73M | $245M | $319M | $272M | $301M | $293M |
| Income tax | $243M | $77M | $39M | $5M | $49M | $74M | $41M | $56M | $71M |
| Net income | $116M | $263M | $97M | $68M | $195M | $245M | $231M | $246M | $227M |
| EPS (diluted) | $2.05 | $4.64 | $1.69 | $1.17 | $3.31 | $4.31 | $4.06 | $4.36 | $4.05 |
| Diluted shares | 57M | 57M | 57M | 58M | 59M | 57M | 57M | 56M | 56M |
| Gross margin | 41.4% | 40.3% | 39.4% | 41.2% | 44.7% | 43.1% | 41.7% | 44.5% | 45.2% |
| Operating margin | 12.6% | 12.0% | 6.6% | 5.9% | 11.4% | 13.6% | 12.2% | 13.1% | 10.7% |
| Net margin | 4.1% | 9.5% | 3.8% | 3.2% | 7.9% | 9.3% | 8.9% | 9.4% | 7.2% |
Balance sheet
Fiscal years, from Kontoor Brands's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $81M | $97M | $107M | $248M | $185M | $59M | $215M | $334M | $77M |
| Receivables | — | $253M | $228M | $231M | $290M | $226M | $218M | $244M | $209M |
| Inventory | — | $474M | $458M | $341M | $363M | $597M | $500M | $390M | $436M |
| Total current assets | — | $1.9B | $878M | $902M | $911M | $982M | $1.0B | $1.1B | $1.1B |
| Property, plant and equipment | $132M | $138M | $132M | $119M | $105M | $104M | $112M | $103M | $113M |
| Goodwill | $219M | $215M | $213M | $213M | $212M | $210M | $210M | $209M | $451M |
| Total assets | — | $2.5B | $1.5B | $1.5B | $1.5B | $1.6B | $1.6B | $1.7B | $2.6B |
| Total current liabilities | — | $617M | $379M | $414M | $456M | $440M | $393M | $394M | $594M |
| Long-term debt | — | $0 | $913M | $888M | $791M | $783M | $764M | $740M | $1.1B |
| Total liabilities | — | $735M | $1.4B | $1.5B | $1.4B | $1.3B | $1.3B | $1.3B | $2.0B |
| Shareholders' equity | $1.4B | $1.7B | $69M | $85M | $148M | $251M | $372M | $400M | $565M |
| Net debt | -$81M | -$97M | $806M | $665M | $606M | $733M | $569M | $406M | $1.1B |
Cash flow
Fiscal years, from Kontoor Brands's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $169M | -$96M | $778M | $242M | $284M | $84M | $357M | $368M | $456M |
| Capital spending | $26M | $21M | $23M | $18M | $11M | $18M | $27M | $19M | $21M |
| Free cash flow | $143M | -$117M | $755M | $224M | $273M | $65M | $329M | $349M | $435M |
| Stock-based compensation | $13M | $15M | $24M | $16M | $39M | $22M | $17M | $27M | $39M |
| Dividends paid | $0 | $0 | $64M | $55M | $95M | $104M | $109M | $112M | $116M |
| Share buybacks (net) | — | — | $0 | $0 | -$75M | -$62M | -$30M | -$86M | -$25M |
| Net borrowing | -$256,000 | -$915,000 | $918M | $0 | — | — | — | — | — |
| Free cash flow margin | 5.1% | -4.2% | 29.6% | 10.7% | 11.0% | 2.5% | 12.6% | 13.4% | 13.8% |
| Dividends per share | — | — | $1.11 | $0.95 | $1.61 | $1.82 | $1.91 | $1.99 | $2.07 |
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Open KTB in InvestinglyQuestions
What was Kontoor Brands's revenue in 2025?
$3.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Kontoor Brands generate?
$435M in fiscal 2025 (operating cash flow minus capital spending).
From Kontoor Brands's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.