Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $9,239 | $11,842 | $11,612 | $10,455 | $9,505 |
| Gross Profit | $4,868 | $6,455 | $6,097 | $5,437 | $5,084 |
| Operating Income | $608 | $1,632 | $328 | -$34 | $304 |
| Net Income | $408 | $1,387 | $119 | -$969 | -$190 |
Over the five-year period, V.F. Corporation experienced notable fluctuations in its income statement metrics. Revenue and gross profit saw strong growth initially, with revenue increasing from approximately USD 9.24 billion in 2021 to a peak of about USD 11.84 billion in 2022—a growth of over 28 percent—while gross profit similarly rose from USD 4.87 billion to USD 6.46 billion. However, these positive trends reversed somewhat in subsequent years, with revenue declining to around USD 11.61 billion in 2023 and dropping further to approximately USD 10.45 billion in 2024, before reaching about USD 9.50 billion in 2025. Gross profit followed a similar downward trend, signaling potential pressure on the company’s pricing power or cost structure. Operating income and net income displayed even more pronounced volatility. The operating margin improved markedly between 2021 and 2022, with operating income growing from USD 607.6 million to USD 1.63 billion; however, in 2023, operating income fell sharply to USD 327.7 million, and further deteriorated to negative territory in 2024 before partially recovering to USD 303.8 million in 2025. Net income mirrored this pattern; after experiencing a significant surge to USD 1.39 billion in 2022 from USD 407.9 million in 2021, net income plunged to USD 118.6 million in 2023 and turned negative in 2024 (USD -968.9 million), with only a slight improvement to about USD -189.7 million in 2025. These significant year-over-year swings, particularly the over 20 percent changes from 2022 onward, suggest operational challenges and likely increased costs or market pressures. Overall, while the company demonstrated growth potential earlier in the period, the recent declines in profitability raise concerns about its near-term financial sustainability and invite closer scrutiny of its cost controls and market dynamics.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.