Operating Income for V.F. (VFC)
According to V.F.'s latest reported financial statements, the company's current operating income (TTM) is $442.18M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

VFC
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$442.18M
YoY change
-311.0%
5Y CAGR
-20.0%
Peak year (2015)
$1.80B
Cumulative operating income
$30.52B
Operating Income history chart for V.F. (VFC) from 1986 to 2025
Operating Income history table for V.F. (VFC) from 1986 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $303.77M | -311.0% | ||
| 2024 | -$143.94M | -114.4% | ||
| 2023 | $998.74M | -38.8% | ||
| 2022 | $1.63B | +168.6% | ||
| 2021 | $607.63M | -34.5% | ||
| 2020 | $927.80M | -22.0% | ||
| 2019 | $1.19B | -13.0% | ||
| 2018 | $1.37B | -6.1% | ||
| 2017 | $1.46B | -11.5% | ||
| 2016 | $1.64B | -8.5% | ||
| 2015 | $1.80B | +9.2% | ||
| 2014 | $1.65B | 0.0% | ||
| 2013 | $1.65B | +32.3% | ||
| 2012 | $1.24B | +51.6% | ||
| 2011 | $820.86M | +11.4% | ||
| 2010 | $736.82M | -21.5% | ||
| 2009 | $939.00M | -2.7% | ||
| 2008 | $965.44M | +16.9% | ||
| 2007 | $826.14M | +7.6% | ||
| 2006 | $767.95M | +15.6% | ||
| 2005 | $664.36M | +3.0% | ||
| 2004 | $644.89M | +3.7% | ||
| 2003 | $621.92M | +79.1% | ||
| 2002 | $347.25M | -31.3% | ||
| 2001 | $505.56M | -22.5% | ||
| 2000 | $652.60M | -5.9% | ||
| 1999 | $693.20M | +14.4% | ||
| 1998 | $605.90M | +8.8% | ||
| 1997 | $556.90M | +57.6% | ||
| 1996 | $353.40M | -34.4% | ||
| 1995 | $538.80M | +24.8% | ||
| 1994 | $431.80M | +0.6% | ||
| 1993 | $429.40M | +41.3% | ||
| 1992 | $304.00M | +21.9% | ||
| 1991 | $249.40M | -20.3% | ||
| 1990 | $312.90M | -2.5% | ||
| 1989 | $321.00M | -10.5% | ||
| 1988 | $358.60M | +36.1% | ||
| 1987 | $263.50M | -6.7% | ||
| 1986 | $282.40M | — |
Operating Income values are taken from V.F.'s reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of V.F. (VFC) operating income is $303.77M – plunged 311.0% year-over-year.
Through 2020–2025 (5 years), V.F. operating income delivered a -20.0% annualised rate; with a net decline across the window.
Between 2015 and 2025, V.F. operating income plunged 83.1%, falling from $1.80B to $303.77M.
$1.80B stands as the all-time-high annual operating income, posted in 2015, against a low of -$143.94M during 2024.
V.F. (VFC) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $16.64B.
V.F. Operating Income by Year
V.F. Operating Income 2025: $303.77M
V.F. operating income in 2025 was $303.77M, plunged 311.0% below 2024.
V.F. Operating Income 2024: -$143.94M
V.F. operating income in 2024 was -$143.94M, plunged 114.4% below 2023. This figure represents the lowest annual value in the available history.
V.F. Operating Income 2023: $998.74M
V.F. operating income in 2023 was $998.74M, plunged 38.8% below 2022.
V.F. Operating Income 2022: $1.63B
V.F. operating income in 2022 was $1.63B, surged 168.6% from 2021.
V.F. Operating Income 2021: $607.63M
V.F. operating income in 2021 was $607.63M.
See more financial history for V.F. (VFC).
Sector peers — Operating Income
Companies in the same sector as V.F., ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is V.F.'s operating income?
- Latest reported operating income for V.F. (VFC) is $442.18M (period ending December 27, 2025).
How has V.F. operating income changed year-over-year?
- V.F. (VFC) operating income changed -311.0% year-over-year on the latest annual filing.
What is the long-term growth rate of V.F. operating income?
- V.F. (VFC) operating income compound annual growth rate is -20.0% over the most recent 5 years available.
When did V.F. operating income hit its highest annual value?
- V.F. operating income reached its highest annual value of $1.80B in 2015.
What was V.F. operating income in 2024?
- V.F. (VFC) operating income in 2024 was -$143.94M.
What was V.F. operating income in 2025?
- V.F. (VFC) operating income in 2025 was $303.77M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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