Kontoor Brands, Inc.
KTB Consumer Cyclical Apparel Manufacturing
In the quarter to June 2026, revenue grew 18.6%, EPS fell 11.3%, free cash flow grew 104.4% and total debt fell 16.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for three.
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Kontoor Brands, Inc. (KTB) Piotroski F-score
Kontoor Brands, Inc.'s Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, down from 8 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | (3.00) |
| FY2024 | 8 | 3.00 |
| FY2023 | 5 | (2.00) |
| FY2022 | 7 | 0.00 |
| FY2021 | 7 | 2.00 |
| FY2020 | 5 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 10.75% | 14.92% | Pass | 1 |
| Positive operating cash flow | 455.81m | 368.23m | Pass | 1 |
| Rising return on assets | 10.75% | 14.92% | Fail | 0 |
| Cash flow above net income | 228.36m | 122.43m | Pass | 1 |
| Falling long-term leverage | 0.54 | 0.45 | Fail | 0 |
| Rising current ratio | 1.82 | 2.70 | Fail | 0 |
| No new shares issued | 55,500,000 | 55,549,000 | Pass | 1 |
| Rising gross margin | 45.15% | 44.55% | Pass | 1 |
| Rising asset turnover | 1.49 | 1.58 | Fail | 0 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| FIGS FIGS, Inc. compare | 8 |
| LEVI Levi Strauss & Co. compare | 7 |
| ZGN Ermenegildo Zegna N.V. compare | 7 |
| COLM Columbia Sportswear Company compare | 7 |
| VFC V.F. Corporation compare | 7 |
| PVH PVH Corp. compare | 6 |
| KTB Kontoor Brands, Inc. | 5 |
| UAA Under Armour, Inc. compare | 2 |
| UA Under Armour, Inc. compare | 2 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover