Kontoor Brands, Inc. - Understand $ktb stock

$KTB Market Cap: $5.178 Billion

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Financial Snapshot

Revenue

$2.578B

TTM

Gross Margin

44.2%

TTM

Net Earnings

$250.6M

TTM

Current Assets

$1.066B

Q3 2024

Current Liabilities

$427.3M

Q3 2024

Current Ratio

249.53%

Q3 2024

Total Assets

$1.653B

Q3 2024

Total Liabilities

$1.296B

Q3 2024

Book Value

$356.9M

Q3 2024

Cash

$269.4M

Q3 2024

P/E

20.66

Nov 29, 2024 EST

Free Cash Flow

$474.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$2.607B	$2.476B	$2.098B	$2.098B	$2.549B	$2.764B	$2.830B	$2.927B
YoY Change	5.31%	18.02%	0.0%	-17.69%	-7.78%	-2.34%	-3.29%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$2.607B	$2.476B	$2.098B	$2.098B	$2.549B	$2.764B	$2.830B	$2.927B
Cost Of Revenue	$1.520B	$1.368B	$1.234B	$1.230B	$1.544B	$1.649B	$1.658B	$1.693B
Gross Profit	$1.088B	$1.108B	$863.7M	$868.3M	$1.004B	$1.115B	$1.172B	$1.234B
Gross Profit Margin	41.72%	44.74%	41.17%	41.39%	39.41%	40.32%	41.41%	42.15%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$768.6M	$824.7M	$739.9M	$719.1M	$803.4M	$781.5M	$814.5M	$803.0M
YoY Change	-6.81%	11.47%	2.89%	-10.5%	2.81%	-4.05%	1.44%
% of Gross Profit	70.65%	74.45%	85.66%	82.81%	79.99%	70.12%	69.5%	65.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$38.05M	$36.60M	$34.49M	$34.49M	$30.76M	$31.04M	$26.10M	$34.20M
YoY Change	3.95%	6.11%	0.0%	12.13%	-0.89%	18.91%	-23.68%
% of Gross Profit	3.5%	3.3%	3.99%	3.97%	3.06%	2.78%	2.23%	2.77%
Operating Expenses	$768.6M	$824.7M	$739.9M	$719.1M	$803.4M	$781.5M	$814.5M	$803.1M
YoY Change	-6.81%	11.47%	2.89%	-10.5%	2.81%	-4.05%	1.42%
Operating Profit	$319.3M	$283.0M	$123.8M	$149.2M	$168.3M	$333.0M	$357.4M	$430.5M
YoY Change	12.82%	128.51%	-17.02%	-11.32%	-49.47%	-6.82%	-16.98%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$40.41M	$38.90M	$49.99M	-$48.38M	$35.79M	$1.173M	$1.263M	$7.200M
YoY Change	3.88%	-22.19%	-203.32%	-235.2%	2950.9%	-7.13%	-82.46%
% of Operating Profit	12.66%	13.75%	40.37%	-32.42%	21.27%	0.35%	0.35%	1.67%
Other Income/Expense, Net	-$10.75M	-$959.0K	-$2.514M	-$2.514M	-$5.002M	-$5.269M	-$3.358M	-$5.400M
YoY Change	1021.27%	-61.85%	0.0%	-49.74%	-5.07%	56.91%	-37.81%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$271.9M	$244.6M	$72.94M	$72.94M	$135.2M	$340.1M	$359.2M	$410.5M
YoY Change	11.16%	235.36%	0.0%	-46.05%	-60.25%	-5.31%	-12.51%
Income Tax	$40.91M	$49.18M	$5.013M	$11.18M	$38.54M	$77.01M	$243.0M	$95.50M
% Of Pretax Income	15.04%	20.11%	6.87%	15.33%	28.51%	22.64%	67.65%	23.26%
Net Earnings	$231.0M	$195.4M	$67.92M	$67.92M	$96.65M	$263.1M	$116.2M	$315.0M
YoY Change	18.2%	187.71%	0.0%	-29.73%	-63.26%	126.41%	-63.11%
Net Earnings / Revenue	8.86%	7.89%	3.24%	3.24%	3.79%	9.52%	4.11%	10.76%
Basic Earnings Per Share	$4.13	$3.40	$1.19		$1.71	$4.64	$2.05
Diluted Earnings Per Share	$4.06	$3.31	$1.17	$1.17	$1.69	$4.64	$2.05	$5.536M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$215.1M	$185.3M	$248.1M	$248.1M	$106.8M	$96.80M	$80.80M
YoY Change	16.04%	-25.31%	0.0%	132.34%	10.33%	19.8%
Cash & Equivalents	$215.1M	$185.3M	$248.1M	$248.1M	$106.8M	$96.80M	$80.80M
Short-Term Investments
Other Short-Term Assets	$99.88M	$69.49M	$75.64M	$75.64M	$73.60M	$49.20M	$34.90M
YoY Change	43.74%	-8.14%	0.0%	2.78%	49.59%	40.97%
Inventory	$500.4M	$363.0M	$340.7M	$340.7M	$458.1M	$473.8M	$440.3M
Prepaid Expenses
Receivables	$204.6M	$292.9M	$237.2M	$237.2M	$239.1M	$803.5M	$469.2M
Other Receivables	$23.98M	$0.00	$0.00	$0.00	$0.00	$517.9M	$547.8M
Total Short-Term Assets	$1.044B	$910.7M	$901.7M	$901.7M	$877.6M	$1.941B	$1.573B
YoY Change	14.63%	1.0%	0.0%	2.74%	-54.79%	23.41%
Property, Plant & Equipment	$166.9M	$160.1M	$179.3M	$179.3M	$218.8M	$138.4M	$148.3M
YoY Change	4.22%	-10.73%	0.0%	-18.03%	58.09%	-6.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$41.40M	$50.98M	$50.39M	$50.39M	$53.40M	$35.00M	$46.60M
YoY Change	-18.79%	1.17%	0.0%	-5.63%	52.57%	-24.89%
Other Assets	$92.57M	$98.68M	$112.5M	$112.5M	$102.5M	$63.70M	$67.90M
YoY Change	-6.2%	-12.31%	0.0%	9.79%	60.91%	-6.19%
Total Long-Term Assets	$601.6M	$622.4M	$644.1M	$644.1M	$639.6M	$517.3M	$553.4M
YoY Change	-3.34%	-3.38%	0.0%	0.71%	23.64%	-6.52%
Total Assets	$1.645B	$1.533B	$1.546B	$1.546B	$1.517B	$2.459B	$2.126B
YoY Change
Accounts Payable	$180.2M	$214.2M	$167.2M	$167.2M	$147.3M	$150.3M	$210.2M
YoY Change	-15.87%	28.08%	0.0%	13.54%	-2.0%	-28.5%
Accrued Expenses	$169.3M	$213.6M	$201.0M	$201.0M	$219.1M	$181.8M	$144.8M
YoY Change	-20.74%	6.29%	0.0%	-8.27%	20.52%	25.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$249.0K	$1.114M	$1.114M	$1.100M	$272.3M	$274.0M
YoY Change	-100.0%	-77.65%	0.0%	1.27%	-99.6%	-0.62%
Long-Term Debt Due	$20.00M	$0.00	$25.00M	$25.00M
YoY Change		-100.0%	0.0%
Total Short-Term Liabilities	$392.6M	$455.8M	$413.6M	$413.6M	$378.6M	$616.8M	$637.9M
YoY Change	-13.86%	10.2%	0.0%	9.25%	-38.62%	-3.31%
Long-Term Debt	$763.9M	$791.3M	$888.0M	$888.0M	$913.3M	$0.00	$0.00
YoY Change	-3.46%	-10.88%	0.0%	-2.77%
Other Long-Term Liabilities	$111.4M	$132.2M	$155.1M	$155.1M	$153.6M	$115.5M	$127.7M
YoY Change	-15.76%	-14.8%	0.0%	1.01%	32.99%	-9.55%
Total Long-Term Liabilities	$875.3M	$923.5M	$1.043B	$1.043B	$1.067B	$115.5M	$127.7M
YoY Change	-5.22%	-11.47%	0.0%	-2.23%	823.72%	-9.55%
Total Liabilities	$1.274B	$1.385B	$1.461B	$1.461B	$1.448B	$735.0M	$768.5M
YoY Change	-8.04%	-5.22%	0.0%	0.92%	96.99%	-4.36%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2019	2018	2017
Basic Shares Outstanding	55.96M shares	57.39M shares	56.99M shares	56.69M shares	56.65M shares	56.65M shares
Diluted Shares Outstanding	56.93M shares	59.09M shares	57.86M shares	57.21M shares	56.65M shares	56.65M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.1778 Billion

About Kontoor Brands, Inc.

Kontoor Brands, Inc. engages in the design, manufacture, sourcing, marketing, and distribution of a portfolio of brands. The company is headquartered in Greensboro, North Carolina and currently employs 13,700 full-time employees. The company went IPO on 2019-05-09. The firm designs, manufactures, procures, sells and licenses apparel, footwear and accessories, primarily under the brand names Wrangler and Lee. The firm's segments include Wrangler, Lee and Other. The Wrangler segment offers multiple sub-brands and collections within the Wrangler brand, including 20X, Aura from the Women at Wrangler, Cowboy Cut, Premium Patch, Riggs Workwear, Rock 47, Rustler, Wrangler Retro, Wrangler Rugged Wear and Wrangler All Terrain Gear. The Lee segment includes a range of jeans, pants, shirts, shorts and jackets for adults and children. The Lee brand offers multiple sub-brands and collections, including Lee101, Riders by Lee Indigo and Chic by Lee. The Other segment includes sales and licensing of Rock & Republic, other company-owned brands and private label apparel. Its distribution channels include United States Wholesale, Non-United States Wholesale and direct-to-consumer.

Industry: Men's & Boys' Furnishgs, Work Clothg, & Allied Garments Peers: CARTERS INC COLUMBIA SPORTSWEAR CO Fossil Group, Inc. G III APPAREL GROUP LTD /DE/ Hanesbrands Inc. MOVADO GROUP INC OXFORD INDUSTRIES INC PVH CORP. /DE/ V F CORP Under Armour, Inc.