V F Corp. (VFC) intrinsic value & 10-year financials
V F Corp. (VFC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 2.3% a year to $9.6B, with an average return on invested capital of 10.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $16.85
- Market cap
- $6.7B
- Revenue (FY2026)
- $9.6B
- Revenue growth (10-yr CAGR)
- -2.3%
- ROIC (10-yr avg)
- 10.8%
- Free cash flow (FY2026)
- —
VFC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $9.6B | $254.9M | $0.64 | — | 6.0% | 9.0% |
| FY2025 | $9.5B | -$189.7M | -$0.48 | — | 3.2% | 5.2% |
| FY2024 | $10.5B | -$968.9M | -$2.49 | — | -0.3% | -0.4% |
| FY2023 | $11.6B | $118.6M | $0.31 | — | 2.8% | 4.1% |
| FY2022 | $11.8B | $1.4B | $3.53 | — | 13.8% | 17.5% |
| FY2021 | $9.2B | $407.9M | $1.04 | — | 6.6% | 7.8% |
| FY2020 | $10.5B | $679.4M | $1.70 | — | 8.8% | 15.5% |
| FY2019 | $13.8B | $1.3B | $3.15 | — | 12.1% | 24.9% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | $11.8B | $614.9M | $1.52 | — | 12.7% | 14.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
V F CORP is facing top-line stagnation, with revenue contracting over the decade.
V F CORP returns on capital have been average, hovering around 10.8% ROIC over the decade.
Over the decade, V F CORP shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, V F CORP is modeled at -9.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-5.42 per share.