Does V. F. CORPORATION have an economic moat?

Based on its FY2026 SEC filings, the Moat Index scores V. F. CORPORATION (VFC) 47.5 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 91, returns on capital 43, balance-sheet safety 15, capital discipline 22.

Is VFC stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $3.37 per share versus a recent price of $16.98 — 405% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has VFC's Moat Score changed over time?

The record logs 3 readings since Jul 17, 2026; the latest reads 47.5 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

V. F. CORPORATION

VFC · Consumer Discretionary · $6.6B mkt cap · FY2026 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat

The four filters

Pricing power91

Median gross margin 54.1% over 9y, very stable.

Returns on capital43

Median ROIC 9.5%, above the 9% hurdle in 67% of years.

Balance-sheet safety15

Net debt/EBITDA 3.2x, interest coverage 3x.

Capital discipline22

Owner earnings -9.3%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale

405% above value

Owner earnings (normalized): $118.6M
Est. intrinsic value / share: $3.37
Recent price: $16.98
Discount to value: 405% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

21 years of fundamentals

The business, in plain English

V. F. CORPORATION booked $9.6B of revenue in FY2026 in the Consumer Discretionary sector and kept 54.8% of it as gross profit — a solid-margin business by that measure. After every other cost, 2.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $7.2B (FY2007) to $9.6B (FY2026) — about 1.5% a year compounded over 19 years.

It earned 9.5% on invested capital in FY2026, with a median of 15.1% across 18 filed years. The Returns on Capital filter above scores it 43/100.

The balance sheet carried $3.5B of total debt in FY2026 against $254.9M of owner earnings — roughly 13.8 years of owner earnings to retire it all. Balance-Sheet Safety scores it 15/100.

The share count rose 256.4% between FY2008 and FY2026 — existing owners have been diluted over the record. Capital Discipline scores it 22/100.

Put together: Pricing Power is the strongest of the four filters (91/100) and Balance-Sheet Safety the weakest (15/100), which is how VFC lands at 48/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

RevenueSales, as filed$9.6B FY2026

Gross marginRevenue kept after cost of goods54.8% FY2026

Return on invested capitalOperating profit on the capital employed9.5% FY2026

Owner earningsCash an owner could take out$254.9M FY2026

Gaps in a line mean that item isn’t in VFC’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale47.5 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — VFC has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Consumer Discretionary context

#171 of 340 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

#169NSIT INSIGHT ENTERPRISES, INC.47.6 out of 100, Shallow moatShallow moat
#170ESCA ESCALADE, INCORPORATED47.5 out of 100, Shallow moatShallow moat
#172HAS HASBRO, INC.47.1 out of 100, Shallow moatShallow moat
#173AERT Aeries Technology, Inc.46.9 out of 100, Shallow moatShallow moat

Compare VFC with its nearest peers →All Consumer Discretionary companies on the Index →

Common questions about VFC

Does V. F. CORPORATION have an economic moat?: Based on its FY2026 SEC filings, the Moat Index scores V. F. CORPORATION (VFC) 47.5 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 91, returns on capital 43, balance-sheet safety 15, capital discipline 22.
Is VFC stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $3.37 per share versus a recent price of $16.98 — 405% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has VFC's Moat Score changed over time?: The record logs 3 readings since Jul 17, 2026; the latest reads 47.5 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell VFC. See the disclaimer.