Kontoor Brands, Inc. (KTB)
Kontoor Brands, Inc. is a lifestyle clothing company that specializes in the creation, production, sourcing, promotion, and sale of denim, various garments, and related accessories. Their well-known brands include Wrangler, Lee, and Rock & Republic, which are distributed both domestically in the United States and across global markets. The organization operates through two distinct divisions: Wrangler and Lee. Their merchandise reaches consumers through diverse retail channels, such as large discount retailers, specialized boutiques, mid-range and traditional department stores, their own proprietary stores, and e-commerce platforms. By early 2022 (specifically January 1st), Kontoor Brands managed a network of 80 retail outlets spanning the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Established in 2018, the company's main office is located in Greensboro, North Carolina.
Sector: Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
Industry: Apparel - Manufacturers
Kontoor Brands, Inc.
NYSE:KTBConsumer Cyclical · Apparel - Manufacturers
-2.24%$76.04
AH Close$76.04+0.00%vs close
AH Close$76.04+0.00%vs close
Mkt Cap$4.16B
Float49.91M
O/S54.65M
Inst Own-
SI12.9%
Div Yield2.79%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.15B
Net Income$227.45M
Total Assets$2.58B
Free Cash Flow$566.72M
Debt & Equity
Debt 70%
Equity 30%
Total Debt$1.29B
Total Equity$564.87M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KTB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.58B
Liabilities$2.02B
Accounts Receivable$276.42M
Accounts Payable$245.11M
Inventory$566.68M
PP&E (Net)$272.31M
Goodwill$531.14M
Intangible Assets$450.42M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2024-12-28 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $3.15B | $2.61B | $2.61B | $2.63B | $2.48B | $2.1B | $2.55B | $2.76B | $2.83B | $2.93B |
| YoY Growth | 21.0% | 0.0% | -0.9% | 6.3% | 18.0% | -17.7% | -7.8% | -2.3% | -3.3% | - |
| Cost of Revenue | $1.68B | $1.45B | $1.52B | $1.5B | $1.37B | $1.23B | $1.54B | $1.65B | $1.66B | $1.71B |
| Gross Profit | $1.47B | $1.16B | $1.09B | $1.13B | $1.11B | $863.69M | $1B | $1.11B | $1.17B | $1.22B |
| Gross Margin | 46.7% | 44.5% | 41.7% | 43.1% | 44.7% | 41.2% | 39.4% | 40.3% | 41.4% | 41.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.03B | $819.28M | $768.57M | $777.7M | $824.75M | $739.86M | $803.45M | $781.52M | $814.54M | $806.45M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | -$5M | -$5.27M | -$3.36M | -$1.59M |
| Total Operating Expenses | $1.03B | $819.28M | $768.57M | $777.7M | $824.75M | $739.86M | $803.45M | $781.52M | $814.54M | $806.45M |
| Operating Income (EBIT) | $446.01M | $342.29M | $319.27M | $356.67M | $282.98M | $123.83M | $168.29M | $333.04M | $357.42M | $408.7M |
| Operating Margin | 14.1% | 13.1% | 12.2% | 13.6% | 11.4% | 5.9% | 6.6% | 12.0% | 12.6% | 14.0% |
| Interest Expense | $65.84M | $40.82M | $40.41M | $34.92M | $38.9M | $49.99M | $35.79M | $1.17M | $1.26M | $0 |
| Interest Income | $7.3M | $11.15M | $3.79M | $1.35M | $1.48M | $1.61M | $7.69M | $13.48M | $6.36M | $3.38M |
| Other Income (Expense) | -$147.34M | -$40.87M | -$47.37M | -$37.53M | -$38.38M | -$50.9M | -$33.1M | $7.04M | $1.74M | $1.79M |
| Income Before Tax (EBT) | $298.67M | $301.42M | $271.9M | $319.14M | $244.6M | $72.94M | $135.19M | $340.08M | $359.15M | $410.49M |
| Income Tax Expense | $71.22M | $55.62M | $40.91M | $73.64M | $49.18M | $5.01M | $38.54M | $77M | $242.96M | $95.46M |
| Net Income | $227.45M | $245.8M | $230.99M | $245.49M | $195.42M | $67.92M | $96.65M | $263.07M | $116.19M | $315.03M |
| Net Income Margin | 7.2% | 9.4% | 8.9% | 9.3% | 7.9% | 3.2% | 3.8% | 9.5% | 4.1% | 10.8% |
| Supplementary Data | ||||||||||
| EPS | 4.10 | 4.42 | 4.13 | 4.40 | 3.40 | 1.19 | 1.71 | 4.66 | 2.05 | 5.56 |
| Diluted EPS | 4.05 | 4.36 | 4.06 | 4.31 | 3.31 | 1.17 | 1.69 | 4.64 | 2.05 | 5.56 |
| Weighted Average OS | 55.50M | 55.55M | 55.96M | 55.74M | 57.39M | 56.99M | 56.69M | 56.45M | 56.64M | 56.64M |
| EBITDA | $412.3M | $384.88M | $350.35M | $391.18M | $320.1M | $157.42M | $201.74M | $384.46M | $400.59M | $442.85M |
| EBITDA Margin | 13.1% | 14.8% | 13.4% | 14.9% | 12.9% | 7.5% | 7.9% | 13.9% | 14.2% | 15.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2024-12-28 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $108.44M | $334.07M | $215.05M | $59.18M | $185.32M | $248.14M | $106.81M | $96.78M | $80.81M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $108.44M | $334.07M | $215.05M | $59.18M | $185.32M | $248.14M | $106.81M | $96.78M | $80.81M |
| Accounts Receivable | $276.42M | $243.66M | $217.67M | $225.86M | $289.8M | $237.17M | $228.46M | $1.32B | $1.02B |
| Inventory | $566.68M | $390.21M | $500.35M | $596.84M | $362.96M | $340.73M | $458.1M | $473.81M | $440.3M |
| Other Current Assets | $129.57M | $96.35M | $110.81M | $100.4M | $0 | $75.64M | $0 | $0 | $34.9M |
| Total Current Assets | $1.08B | $1.06B | $1.04B | $982.27M | $910.66M | $901.68M | $877.6M | $1.94B | $1.57B |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $272.31M | $150.47M | $166.86M | $155.49M | $160.1M | $179.34M | $218.77M | $138.45M | $148.25M |
| Goodwill | $531.14M | $208.79M | $209.86M | $209.63M | $212.21M | $213.39M | $212.84M | $214.52M | $219.29M |
| Intangible Assets | $450.42M | $78.87M | $90.87M | $99.03M | $100.39M | $88.47M | $52.03M | $65.05M | $71.45M |
| Long-Term Investments | $0 | $42.87M | $39.97M | $37.74M | $50.98M | $50.39M | $53.39M | $34.96M | $46.55M |
| Deferred Tax Assets | $74.52M | $76.06M | $75.08M | $67.28M | $74.88M | $85.22M | $79.55M | $42.89M | $46.67M |
| Other Long-Term Assets | $173.18M | $29.19M | $18.92M | $30.81M | $23.8M | $27.32M | $22.96M | $21.41M | $21.22M |
| Total Long-Term Assets | $1.5B | $586.26M | $601.55M | $599.99M | $622.37M | $644.14M | $639.55M | $517.27M | $553.43M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.58B | $1.65B | $1.65B | $1.58B | $1.53B | $1.55B | $1.52B | $2.46B | $2.13B |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $245.11M | $179.68M | $180.22M | $206.26M | $214.2M | $167.24M | $147.35M | $134.13M | $174.35M |
| Short-Term Debt | $8.75M | $0 | $20M | $17.28M | $249K | $26.11M | $1.07M | $272.33M | $274.01M |
| Current Income Tax Payable | $0 | $32.83M | $33.13M | $44.49M | $37.74M | $30.13M | $30.51M | $21.65M | $21.56M |
| Current Unearned Revenue | $6.86M | $8.15M | $7.55M | $7.77M | $8.4M | $5.8M | $11.05M | $10.11M | $8.91M |
| Other Current Liabilities | $179M | $115.51M | $89.95M | $86.8M | $129.27M | $111.91M | $104.96M | $28.24M | $71.53M |
| Total Current Liabilities | $593.63M | $393.9M | $392.64M | $440.43M | $455.81M | $413.63M | $378.55M | $616.82M | $637.85M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $1.13B | $740.32M | $763.92M | $782.62M | $791.32M | $887.96M | $913.27M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.44M | $1.84M |
| Long-Term Deferred Tax Liabilities | $93.16M | $5.72M | $5.61M | $6.92M | $5.57M | $4.44M | $2.46M | $2.68M | $2.98M |
| Other Long-Term Liabilities | $79.56M | $80.59M | $74.6M | $70.03M | $99.19M | $115.34M | $98.88M | $114.07M | $125.84M |
| Total Long-Term Liabilities | $1.42B | $856.58M | $880.89M | $891.08M | $929.07M | $1.05B | $1.07B | $118.19M | $130.67M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.02B | $1.25B | $1.27B | $1.33B | $1.38B | $1.46B | $1.45B | $735.01M | $768.52M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.87B | $1.48B |
| Retained Earnings | $274.28M | $199.96M | $166.57M | $86.73M | $22.64M | $7.15M | -$1.72M | $0 | $0 |
| Comprehensive Income & Other | -$67.54M | -$116.65M | -$67.85M | -$79.67M | -$92.76M | -$94.81M | -$79.7M | -$145.18M | -$122.48M |
| Other Stockholders' Equity | $290.59M | $200.1M | $205.35M | $164.03M | $125.5M | $77.49M | $70.97M | -$145.18M | -$122.48M |
| Total Equity | $564.87M | $400.06M | $371.91M | $250.76M | $148.14M | $84.64M | $69.26M | $1.72B | $1.36B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.58B | $1.65B | $1.65B | $1.58B | $1.53B | $1.55B | $1.52B | $2.46B | $2.13B |
| Supplementary Data | |||||||||
| Total Debt | $1.29B | $791.16M | $841.68M | $851.3M | $848.75M | $981.21M | $1B | $272.33M | $274.01M |
| Net Debt | $1.19B | $457.09M | $626.63M | $792.12M | $663.43M | $733.07M | $897.67M | $175.55M | $193.19M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2024-12-28 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | $227.45M | $245.8M | $230.99M | $245.49M | $195.42M | $67.92M | $96.65M | $263.07M | $116.19M | $315.03M |
| Depreciation & Amortization | $47.79M | $42.63M | $38.05M | $37.13M | $36.6M | $34.49M | $30.76M | $31.04M | $33.63M | $34.15M |
| Deferred Income Tax | $29.57M | -$6.71M | -$3.75M | $127K | $3.64M | $2.71M | -$4.17M | $1.5M | $36.49M | $6.16M |
| Stock-Based Compensation | $39.08M | $26.59M | $16.73M | $21.89M | $38.52M | $15.95M | $23.84M | $14.89M | $13.02M | $9.39M |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $56.23M | -$35.41M | $14.9M | $56.7M | -$60.96M | -$17.65M | $24.97M | -$17.74M | -$36.39M | -$4.64M |
| Inventory | $4.5M | $102.99M | $101.28M | -$236.17M | -$24.93M | $119.28M | $9.68M | -$45.76M | $22.07M | -$23.4M |
| Accounts Payable | $11.81M | $1.87M | -$19.92M | -$4.12M | $47.66M | $17.38M | $31.92M | -$37.6M | $4.15M | -$17.24M |
| Other Working Capital | $59.41M | -$9.95M | -$26.29M | -$36.83M | $38.49M | -$121.71M | $465.66M | -$315.98M | -$26.03M | $2.11M |
| Total Working Capital Change | $131.96M | $59.5M | $69.98M | -$220.42M | $270K | -$2.71M | $532.24M | -$417.08M | -$36.2M | -$43.17M |
| Other Non-Cash Items | $111.92M | $415K | $4.55M | -$636K | $9.42M | $123.61M | $98.47M | $10.27M | $5.48M | $2.4M |
| Net Cash from Operating | $587.77M | $368.23M | $356.55M | $83.58M | $283.86M | $241.97M | $777.79M | -$96.3M | $168.6M | $323.95M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$25.16M | -$22.12M | -$37.38M | -$28.4M | -$36.87M | -$62.39M | -$37.49M | -$22.7M | -$26.46M | -$28.14M |
| Acquisitions | -$871.18M | $0 | $0 | $0 | $669K | $18.16M | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$2.42M | -$138K | -$1.75M | -$1.72M | -$3.17M | -$4.83M | $521.43M | $34.03M | -$31.15M | $2.97M |
| Net Cash from Investing | -$898.76M | -$22.26M | -$39.14M | -$30.12M | -$39.37M | -$49.07M | $483.95M | $11.33M | -$57.62M | -$25.18M |
| Financing Activities | ||||||||||
| Debt Repaid | -$397.57M | $45M | $10M | $298K | $123M | - | -$653.89M | - | - | - |
| Common Stock Issuance | $0 | $2.38M | $284K | $0 | $0 | $1.39M | $1.03M | $0 | $0 | $0 |
| Common Stock Repurchases | -$25M | -$85.68M | -$30.11M | -$74.19M | -$77.41M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$116.08M | -$112.06M | -$108.57M | -$103.66M | -$95.08M | -$54.77M | -$63.55M | $0 | $0 | $0 |
| Other Financing Activities | -$9.68M | $0 | -$7.3M | $7.25M | -$8.57M | -$4.31M | -$1.84B | $106.33M | -$119.56M | -$321.66M |
| Net Cash from Financing | $246.8M | -$240.35M | -$155.7M | -$170.91M | -$304.07M | -$57.69M | -$1.25B | $106.33M | -$119.82M | -$320.42M |
| Forex Effect | -$161.43M | $13.4M | -$5.84M | -$8.7M | -$3.24M | $6.11M | $391K | -$5.39M | $2.8M | -$8.03M |
| Net Change in Cash | -$225.62M | $119.02M | $155.87M | -$126.14M | -$62.82M | $141.33M | $10.03M | $15.96M | -$6.04M | -$29.67M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $587.77M | $368.23M | $356.55M | $83.58M | $283.86M | $241.97M | $777.79M | -$96.3M | $168.6M | $323.95M |
| Capital Expenditure | -$21.05M | -$22.12M | -$37.38M | -$28.4M | -$36.87M | -$62.39M | -$37.49M | -$22.7M | -$26.46M | -$28.14M |
| Free Cash Flow | $566.72M | $346.11M | $319.17M | $55.19M | $246.99M | $179.58M | $740.3M | -$119M | $142.14M | $295.81M |
| Cash at Beginning | $334.07M | $215.05M | $59.18M | $185.32M | $248.14M | $106.81M | $96.78M | $80.81M | $86.85M | $116.52M |
| Cash at End | $108.44M | $334.07M | $215.05M | $59.18M | $185.32M | $248.14M | $106.81M | $96.78M | $80.81M | $86.85M |