TPRTapestry, Inc.

$132.79+20% 1Y

The business

How TPR's business earns

Tapestry, Inc. earns 74% on the capital it employs against an estimated 9.0% cost of capital.

74%

Return on invested capital · cost of capital 9.0% · 65 points above the estimated cost of capital

Operating margin
25%

Operating margin · Luxury Goods median 6.8% · 12 months to Sep 26, 2026

Cash conversion
1.24×

Cash conversion · 2.81× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
−5.1%

Share count, year on year · fewer shares than a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY202117%
FY202218%
FY202318%
FY202417%
FY20255.9%
FY202624%
Details›
Gross margin12 months to Sep 26, 2026
78%
Operating margin12 months to Sep 26, 2026
25%
Net margin12 months to Sep 26, 2026
20%
Free cash flow margin
23%
Revenue, trailing twelve months
$8.19B
Free cash flow, trailing twelve months
$1.88B
Net income, trailing twelve months
$1.61B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
74%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Tapestry (TPR) Margins and Return on Capital · Ryufin