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Kontoor Brands, Inc.KTBCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Apparel/Footwear

Owns and markets Wrangler and Lee jeans, workwear and Helly Hansen outdoor apparel, spun off from VF Corp.

Momentum strong 71
Mkt cap
$4.21B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$66.3M
20-day average traded
Fwd P/E
13.2×
forward earnings
ROIC−WACC
+9.1 pp
WACC 8.3%
Hurdle
-7 pp
Req g minus delivered
Next earnings
116 days
2 Mar 2027
Close · USD$77.06
1D-2.7%
1W+3.8%
1M+16.2%
3M-0.1%
6M+4.6%
YTD+26.1%
1Y+0.3%
ATR %4.6%
Beta0.85
52w lowhigh13.4% off high

What Kontoor Brands does

Owns and markets Wrangler and Lee jeans, workwear and Helly Hansen outdoor apparel, spun off from VF Corp.

Designs and sells but outsources much of its production to contract factories. Wrangler and Lee are sold mainly through large retailers, so a few accounts such as Walmart weigh heavily, with its own stores and websites a smaller channel. It has added Helly Hansen, an outdoor and workwear brand with Nordic roots.

Products and services

  • Wrangler
  • Lee
  • Helly Hansen

Customers

  • Walmart
  • Amazon
  • Department and specialty retailers

Where it sits in the supply chain

  • Consumer Discretionary
  • Apparel
  • Denim and workwear brands

What could go right

  • Helly Hansen international expansion
  • Workwear demand

What could go wrong

  • Mass-retail and department store traffic
  • Denim fashion cycles

Moat: narrow (brand, distribution). Wrangler and Lee are century-old heritage denim brands with deep mass-retail shelf space.

Headquarters: Greensboro, North Carolina, US · Founded: 2019 · Employees: 10,600

Named competitors

Kontoor Brands at a glance

Size Kontoor Brands (KTB) is a United States Consumer Discretionary company (Apparel/Footwear) with a market value of $4.21B, the 1314th largest of 3,117 United States companies the cockpit tracks. Shares closed at $77.06 on 6 Nov 2026.

Performance Over six months the shares gained 4.6%, against +5.6% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 15.6% over the last twelve months (peer median +2.9%); the operating margin is 13.1% (peer median 8.8%).

Valuation It trades at 13.2× forward earnings against a peer median of 14.9× (6th cheapest of 19).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -7 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 9.1 points above its cost of capital (8.3% WACC).

Backlog Backlog (remaining performance obligations) was $44.7M at 3 Oct 2026, down 39% on a year earlier — 0.0 years of trailing revenue. Backlog detail →

Short interest Short interest is 12.2% of the free float (15 Oct 2026).

Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026KTB 112Peer median 107
Six months, rebased to 100: Kontoor Brands against the median of its 20 peers (local-currency closes).

Kontoor Brands financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$3.07B$3.15B$2.61B$2.61B$2.63B
Revenue growth—+21%0%-1%—
Gross profit$1.50B$1.47B$1.16B$1.06B$1.12B
EBITDA$456M$494M$388M$348M$394M
Net income$268M$227M$246M$231M$245M
Free cash flow$423M$435M$349M$329M$65.2M
Capital expenditure$27.8M$25.2M$22.1M$37.4M$28.4M
Total debt$1.27B$1.29B$791M$842M$851M

Quarterly statements and history in the cockpit →

Kontoor Brands competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%0%+20%KPRMILLPAGEINDPVHPUM6003980656COLM26702331FIGS600177ZGN2232BOSSSHOO147614400551GILKTB6-month return →1-month return →
Up and to the right = strong over both horizons. Kontoor Brands is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%20×40×KPRMILLPAGEINDPVH6003980656COLM2670BRBYFIGS600177ZGNBOSSSHOOGILKTBRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kontoor Brands is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%+30%0%20%KPRMILLPAGEINDPVH6003980656COLM26702331BRBYFIGS600177ZGN2232BOSSSHOO14760551GILKTBGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Kontoor Brands is the large dot.

Kontoor Brands competitors and peer comparison

Head to head with its named competitors (KTB vs LEVI vs VFC vs PVH)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Kontoor Brands KTB$4.21B+5%+16%13%13.2×1.1%
Levi Strauss & LEVI$8.77B+1%+5%13%14.6×5.2%
V.F VFC$8.01B+7%-2%8%16.6×11.1%
PVH PVH$4.15B+1%+2%8%8.1×2.5%
Columbia Sportswear COLM$3.61B+12%0%8%16.2×4.6%

How Kontoor Brands compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kontoor Brands against its 20 peers (data as of 6 Nov 2026)
MeasureKTBPeer medianRank in peer set
1-month return+16.2%+10.4%7th highest of 21
6-month return+4.6%+5.6%11th highest of 21
Distance from 52-week high-13.4%-12.2%10th lowest of 21
Revenue growth (TTM)+15.6%+2.9%4th highest of 21
Operating margin13.1%8.8%7th highest of 21
Forward P/E13.2×14.9×6th cheapest of 19
Growth the price implies (Req g, 7 yrs)1.1%5.3%7th least demanding of 19
Growth delivered (Del g)+8.5%+8.8%10th highest of 19
Hurdle (Req g minus delivered)-7.4 pp-1.9 pp8th least demanding of 19
ROIC minus cost of capital+9.1 pp+3.3 pp8th highest of 21
EV / EBITDA11.9×10.4×7th most expensive of 17
Net debt / EBITDA2.7×0.7×4th most indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Kontoor Brands KTBUnited States$4.21B+5%+16%13%13.2×1.1%+8.5%
K.P.R. Mill KPRMILL.NSIndia$4.21B+19%+6%18%34.8×29.9%+13.3%
Page Industries PAGEIND.NSIndia$4.22B-4%+8%19%46.8×27.7%+13.1%
PVH PVHUnited States$4.15B+1%+2%8%8.1×2.5%+4.6%
Puma PUM.DEGermany$4.42B+4%-19%-6%n/an/an/a
HLA 600398.SSChina$4.47B-6%+7%11%14.3×-13.1%+3.8%
Fosun International 0656.HKHong Kong$4.82B+11%-1%3%12.9×10.6%+4.1%
Columbia Sportswear COLMUnited States$3.61B+12%0%8%16.2×4.6%+6.3%
Abc-mart 2670.TJapan$5.03B+20%+4%17%16.2×-10.0%+11.4%
Li Ning 2331.HKHong Kong$5.10B-21%+7%13%14.4×-5.4%+14.6%
Burberry BRBY.LUnited Kingdom$5.38B-4%-2%7%28.8×19.1%+0.6%
FIGS FIGSUnited States$3.29B+37%+25%10%54.0×25.5%+19.1%
Youngor Fashion 600177.SSChina$5.69B+10%-5%-3%12.8×23.3%+0.1%
Ermenegildo Zegna ZGNUnited States$5.96B+7%+11%9%31.1×20.3%+11.3%
Crystal International 2232.HKHong Kong$2.92B+23%+4%10%11.4×-5.3%+6.0%
Hugo Boss BOSS.DEGermany$2.90B+8%-5%8%15.4×-6.6%+17.0%
Steven Madden SHOOUnited States$2.89B-3%+18%9%17.5×5.9%+16.1%
Eclat Textile 1476.TWTaiwan$2.88B+3%0%20%13.7×-8.9%+6.2%
Star Shine 1440.HKHong Kong$2.85B+34%-33%-3%n/an/an/a
Yue Yuen Industrial (Holdings) 0551.HKHong Kong$2.75B-7%-3%3%13.6×2.4%-0.9%
Gildan Activewear GIL.TOCanada$6.48B-40%+40%15%6.8×6.5%+13.7%

Kontoor Brands backlog

Kontoor Brands reported $44.7M of remaining performance obligations at 3 Oct 2026, down 39% from a year earlier and down 5% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

Questions

Who are Kontoor Brands's main competitors?
Named competitors: Levi Strauss (LEVI), VF Corporation (VFC), PVH (PVH), Columbia Sportswear (COLM). The cockpit's measured peer set (industry) also includes K.P.R. Mill (KPRMILL.NS), Page Industries (PAGEIND.NS), PVH (PVH), Puma (PUM.DE), HLA (600398.SS), Fosun International (0656.HK).
Is Kontoor Brands expensive compared with its peers?
On forward p/e it trades at 13.2× against a peer median of 14.9×, 6th cheapest of 19 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -7 pp: the price already allows for a slowdown.
How has Kontoor Brands stock performed?
Over six months to 6 Nov 2026 the shares returned +4.6% against +5.6% for the median peer; over one year +0.3%.
What is Kontoor Brands's backlog?
Kontoor Brands's remaining performance obligations (contracted revenue not yet recognised) were $44.7M at 3 Oct 2026, -39% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.