Tapestry (TPR) Financials

$82.46 +0.09 (+0.11%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for Tapestry

This table shows Tapestry's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/29/2024	7/1/2023	7/2/2022	7/3/2021	6/27/2020	6/29/2019	6/30/2018	7/1/2017	7/2/2016	6/27/2015
Net Income / (Loss) Attributable to Common Shareholders	816	936	856	834	-652	643	398	591	461	402
Consolidated Net Income / (Loss)	816	936	856	834	-652	643	398	591	461	402
Net Income / (Loss) Continuing Operations	816	936	856	834	-652	643	398	591	461	402
Total Pre-Tax Income	1,012	1,143	1,047	897	-624	766	597	759	627	612
Total Operating Income	1,140	1,172	1,176	968	-551	820	672	787	654	618
Total Gross Profit	4,890	4,715	4,650	4,082	3,239	4,054	3,849	3,081	3,051	2,909
Total Revenue	6,671	6,661	6,685	5,746	4,961	6,027	5,880	4,488	4,492	4,192
Operating Revenue	6,671	6,661	6,685	5,746	4,961	6,027	5,880	4,488	4,492	4,192
Total Cost of Revenue	1,782	1,946	2,034	1,664	1,722	1,973	2,032	1,407	1,441	1,283
Operating Cost of Revenue	1,782	1,946	2,034	1,664	1,722	1,973	2,032	1,407	1,441	1,283
Total Operating Expenses	3,749	3,543	3,475	3,114	3,790	3,234	3,177	2,294	2,398	2,291
Selling, General & Admin Expense	3,749	3,543	3,475	3,114	3,312	3,234	3,177	2,294	2,398	2,291
Total Other Income / (Expense), net	-128	-29	-129	-71	-73	-54	-75	-28	-27	-6.40
Interest Expense	125	28	112	71	60	48	74	28	27	6.40
Other Income / (Expense), net	-3.20	-1.70	-16	0.70	-13	-5.60	-1.20	-	-	-
Income Tax Expense	196	207	191	63	28	123	199	168	166	209
Basic Earnings per Share	$3.56	$3.96	$3.24	$3.00	($2.34)	$2.22	$1.39	$2.11	$1.66	$1.46
Weighted Average Basic Shares Outstanding	229.20M	236.40M	264.30M	277.90M	278.60M	289.40M	285.40M	280.60M	277.60M	275.70M
Diluted Earnings per Share	$3.50	$3.88	$3.17	$2.95	($2.34)	$2.21	$1.38	$2.09	$1.65	$1.45
Weighted Average Diluted Shares Outstanding	233.20M	241.30M	270.10M	283M	278.60M	290.80M	288.60M	282.80M	279.30M	277.20M
Weighted Average Basic & Diluted Shares Outstanding	230.22M	227.44M	241.22M	279.58M	276.24M	289.80M	286M	280.10M	277.40M	275.60M
Cash Dividends to Common per Share	$1.40	$1.20	$1.00	$0.00	$1.01	$1.35	$1.35	$1.35	$1.35	$1.35

This table shows Tapestry's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Income / (Loss) Attributable to Common Shareholders	203	310	187	159	139	322	195	224	187	330	195
Consolidated Net Income / (Loss)	203	310	187	159	139	322	195	224	187	330	195
Net Income / (Loss) Continuing Operations	203	310	187	159	139	322	195	224	187	330	195
Total Pre-Tax Income	239	345	226	201	170	403	239	267	223	417	236
Total Operating Income	254	493	252	235	204	448	253	274	226	418	254
Total Gross Profit	1,206	1,633	1,135	1,191	1,107	1,493	1,098	1,173	1,098	1,389	1,055
Total Revenue	1,585	2,195	1,508	1,591	1,482	2,085	1,513	1,620	1,510	2,025	1,507
Operating Revenue	1,585	2,195	1,508	1,591	1,482	2,085	1,513	1,620	1,510	2,025	1,507
Total Cost of Revenue	379	562	373	400	375	591	416	447	411	636	452
Operating Cost of Revenue	379	562	373	400	375	591	416	447	411	636	452
Total Operating Expenses	952	1,140	883	956	903	1,046	845	899	872	971	800
Selling, General & Admin Expense	952	1,140	883	956	903	1,046	845	899	872	971	800
Total Other Income / (Expense), net	-15	-148	-26	-34	-35	-45	-15	-6.80	-3.10	-1.30	-18
Interest Expense	15	145	31	31	32	49	13	6.20	6.10	7.90	7.40
Other Income / (Expense), net	0.80	-2.90	4.40	-3.70	-2.80	4.70	-1.40	-0.60	3.00	6.60	-11
Income Tax Expense	36	35	39	42	30	81	44	43	37	87	41
Basic Earnings per Share	$0.98	$1.41	$0.81	$0.69	$0.61	$1.41	$0.85	$0.97	$0.80	$1.38	$0.81
Weighted Average Basic Shares Outstanding	207.30M	219.90M	231.50M	229.20M	229.50M	229.30M	228.30M	236.40M	234.60M	239.30M	241.50M
Diluted Earnings per Share	$0.95	$1.38	$0.79	$0.67	$0.60	$1.39	$0.84	$0.95	$0.78	$1.36	$0.79
Weighted Average Diluted Shares Outstanding	213.90M	224.90M	235.90M	233.20M	234.20M	231.70M	232.50M	241.30M	239.70M	243.30M	246.80M
Weighted Average Basic & Diluted Shares Outstanding	207.69M	207.02M	233.04M	230.22M	229.77M	229.37M	229.19M	227.44M	231.80M	236.08M	240.96M
Cash Dividends to Common per Share	$0.35	$0.35	$0.35	$0.35	$0.35	$0.35	$0.35	$0.30	$0.30	$0.30	$0.30

This table details how cash moves in and out of Tapestry's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/29/2024	7/1/2023	7/2/2022	7/3/2021	6/27/2020	6/29/2019	6/30/2018	7/1/2017	7/2/2016	6/27/2015
Net Change in Cash & Equivalents	5,416	-64	-1,218	581	457	-267	-1,418	1,814	-433	700
Net Cash From Operating Activities	1,256	975	853	1,324	407	792	998	854	759	937
Net Cash From Continuing Operating Activities	1,256	975	853	1,324	407	792	998	854	759	937
Net Income / (Loss) Continuing Operations	816	936	856	834	-652	643	398	591	461	402
Consolidated Net Income / (Loss)	816	936	856	834	-652	643	398	591	461	402
Depreciation Expense	174	182	195	219	248	268	260	213	211	192
Amortization Expense	55	42	11	-	-	-	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	40	33	139	-12	1,007	119	221	69	103	153
Changes in Operating Assets and Liabilities, net	170	-218	-348	283	-196	-238	119	-19	-15	191
Net Cash From Investing Activities	-1,042	5.70	-254	-91	44	-574	-2,165	593	-810	-613
Net Cash From Continuing Investing Activities	-1,042	5.70	-254	-91	44	-574	-2,165	593	-810	-613
Purchase of Property, Plant & Equipment	-109	-184	-94	-116	-205	-274	-267	-283	-396	-199
Purchase of Investments	-2,713	-6.70	-540	-0.70	-212	-416	-3.80	-524	-665	-50
Sale and/or Maturity of Investments	1,780	197	381	1.80	462	159	482	1,272	426	305
Net Cash From Financing Activities	5,214	-1,036	-1,778	-666	5.90	-486	-251	370	-385	389
Net Cash From Continuing Financing Activities	5,214	-1,036	-1,778	-666	5.90	-486	-251	370	-385	389
Repayment of Debt	-548	-32	-956	-720	-3.20	0.00	-1,100	-295	-15	-147
Repurchase of Common Equity	0.00	-704	-1,600	0.00	-300	-100	0.00	0.00	-	-
Payment of Dividends	-321	-283	-264	0.00	-380	-391	-384	-378	-375	-372
Issuance of Debt	6,090	0.00	999	0.00	700	0.00	1,100	997	0.00	897
Issuance of Common Equity	27	39	75	61	4.30	35	166	70	29	37
Other Financing Activities, net	-33	-56	-31	-7.50	-15	-30	-32	-25	-25	-25
Effect of Exchange Rate Changes	-12	-8.70	-39	15	-0.10	-	-	-2.40	3.50	-14
Cash Interest Paid	263	83	68	70	68	64	63	35	34	1.40
Cash Income Taxes Paid	200	232	180	252	87	184	16	159	159	180

This table details how cash moves in and out of Tapestry's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Change in Cash & Equivalents	54	-5,480	321	-833	142	6,211	-104	89	-193	304	-263
Net Cash From Operating Activities	144	506	120	256	98	827	75	400	112	633	-170
Net Cash From Continuing Operating Activities	144	506	120	256	98	827	75	400	112	633	-170
Net Income / (Loss) Continuing Operations	203	310	187	159	139	322	195	224	187	330	195
Consolidated Net Income / (Loss)	203	310	187	159	139	322	195	224	187	330	195
Depreciation Expense	38	41	41	48	40	42	44	52	42	45	44
Amortization Expense	15	15	14	-	-	13	13	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	23	116	-12	-7.40	6.10	28	13	19	16	4.80	-6.80
Changes in Operating Assets and Liabilities, net	-135	25	-110	0.90	-88	421	-191	64	-132	253	-403
Net Cash From Investing Activities	-31	789	190	-556	169	-632	-23	-35	-40	-66	147
Net Cash From Continuing Investing Activities	-31	789	190	-556	169	-632	-23	-35	-40	-66	147
Purchase of Property, Plant & Equipment	-31	-31	-26	-46	-19	-23	-21	-35	-41	-82	-27
Purchase of Investments	-0.60	-406	-1,479	-1,587	-515	-609	-1.90	-0.40	-2.00	-0.30	-4.00
Sale and/or Maturity of Investments	0.30	1,227	1,695	1,077	703	-	0.00	0.10	2.80	16	178
Net Cash From Financing Activities	-33	-6,701	-75	-519	-76	5,959	-149	-267	-264	-279	-226
Net Cash From Continuing Financing Activities	-33	-6,701	-75	-519	-76	5,959	-149	-267	-264	-279	-226
Repayment of Debt	15	-6,936	0.00	-451	-6.40	-53	-38	-7.30	-6.20	-6.30	-13
Repurchase of Preferred Equity	50	-	-	-	-	-	-	-	-	-	-
Repurchase of Common Equity	-52	-	-	-	-	-	-	-202	-202	-205	-95
Payment of Dividends	-73	-72	-81	-81	-81	-80	-80	-69	-70	-72	-73
Issuance of Common Equity	28	73	42	12	12	2.90	0.40	10	15	7.70	6.10
Other Financing Activities, net	-1.10	-0.80	-35	0.20	-0.40	-0.60	-32	0.50	-0.60	-3.30	-52
Effect of Exchange Rate Changes	3.10	-74	86	-14	-49	58	-7.10	-9.40	-1.40	16	-14
Cash Interest Paid	25	301	24	189	28	19	27	18	26	13	26
Cash Income Taxes Paid	45	41	65	48	59	51	42	41	53	55	83

This table presents Tapestry's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/29/2024	7/1/2023	7/2/2022	7/3/2021	6/27/2020	6/29/2019	6/30/2018	7/1/2017	7/2/2016	6/27/2015
Total Assets	13,396	7,117	7,265	8,382	7,924	6,877	6,678	5,832	4,893	4,667
Total Current Assets	8,804	2,364	2,574	3,375	2,553	2,557	2,433	3,953	2,173	2,507
Cash & Equivalents	6,142	726	790	2,008	1,426	969	1,243	2,673	859	1,292
Short-Term Investments	1,062	15	163	8.10	-	265	6.60	411	460	234
Accounts Receivable	228	212	252	200	193	298	314	268	245	220
Inventories, net	825	920	994	735	737	778	674	470	459	485
Prepaid Expenses	171	126	105	94	58	100	83	59	58	73
Current Deferred & Refundable Income Taxes	236	231	217	255	46	56	26	42	14	98
Other Current Assets	140	134	52	76	93	91	86	32	78	105
Plant, Property, & Equipment, net	515	565	544	0.00	0.00	939	885	691	920	733
Total Noncurrent Assets	4,078	4,189	4,147	5,007	5,371	3,382	3,360	1,187	1,800	1,428
Goodwill	1,204	1,228	1,242	1,297	1,301	1,516	1,484	481	502	434
Intangible Assets	1,354	1,360	1,367	1,373	1,379	1,712	1,733	341	347	360
Noncurrent Deferred & Refundable Income Taxes	44	40	48	66	-	19	24	171	249	116
Other Noncurrent Operating Assets	1,476	1,561	1,491	2,271	2,691	134	119	120	144	112
Total Liabilities & Shareholders' Equity	13,396	7,117	7,265	8,382	7,924	6,877	6,678	5,832	4,893	4,667
Total Liabilities	10,499	4,839	4,980	5,123	5,648	3,364	3,434	2,830	2,210	2,177
Total Current Liabilities	1,712	1,287	1,469	1,426	1,742	918	938	754	827	835
Short-Term Debt	303	25	31	0.00	712	0.80	0.70	0.00	15	11
Accounts Payable	452	417	521	445	131	244	264	195	187	223
Accrued Expenses	656	547	628	661	511	674	673	559	625	601
Other Current Liabilities	300	298	289	319	389	0.00	-	-	-	-
Total Noncurrent Liabilities	8,788	3,553	3,511	3,697	3,906	2,446	2,496	2,076	1,383	1,342
Long-Term Debt	6,937	1,636	1,659	1,591	1,588	1,602	1,600	1,580	861	879
Noncurrent Deferred & Payable Income Tax Liabilities	251	240	222	204	155	234	206	63	-	-
Other Noncurrent Operating Liabilities	1,599	1,633	1,535	1,776	2,163	454	467	433	522	463
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,897	2,278	2,286	3,259	2,276	3,513	3,245	3,002	2,683	2,490
Total Preferred & Common Equity	2,897	2,278	2,286	3,259	2,276	3,513	3,245	3,002	2,683	2,490
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,897	2,278	2,286	3,259	2,276	3,513	3,245	3,002	2,683	2,490
Common Stock	3,765	3,685	3,623	3,490	3,361	3,305	3,208	2,981	2,860	2,757
Retained Earnings	-722	-1,217	-1,166	-159	-993	292	119	108	-104	-190
Accumulated Other Comprehensive Income / (Loss)	-146	-190	-171	-72	-92	-83	-83	-87	-73	-78

This table presents Tapestry's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Total Assets	7,306	7,252	13,729	13,396	13,728	13,815	7,143	7,117	6,984	7,258	7,080
Total Current Assets	2,861	2,772	9,146	8,804	8,997	9,043	2,409	2,364	2,219	2,499	2,387
Cash & Equivalents	1,038	983	6,463	6,142	6,975	6,833	622	726	637	830	527
Short-Term Investments	19	20	842	1,062	443	629	17	15	15	16	31
Accounts Receivable	256	297	279	228	277	246	265	212	241	253	270
Inventories, net	874	937	1,031	825	824	825	943	920	934	976	1,140
Prepaid Expenses	133	158	175	171	128	141	161	126	120	131	145
Current Deferred & Refundable Income Taxes	276	267	263	236	223	242	247	231	203	213	228
Other Current Assets	92	109	93	140	128	127	155	134	69	80	49
Other Current Nonoperating Assets	174	-	-	-	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	485	498	513	515	518	539	540	565	578	571	526
Total Noncurrent Assets	3,960	3,982	4,070	4,078	4,213	4,234	4,194	4,189	4,187	4,188	4,166
Goodwill	1,216	1,205	1,232	1,204	1,217	1,233	1,219	1,228	1,245	1,249	1,221
Intangible Assets	1,331	1,350	1,352	1,354	1,355	1,357	1,359	1,360	1,362	1,363	1,365
Noncurrent Deferred & Refundable Income Taxes	43	43	47	44	38	40	39	40	45	47	45
Other Noncurrent Operating Assets	1,369	1,384	1,439	1,476	1,603	1,603	1,578	1,561	1,535	1,529	1,535
Total Liabilities & Shareholders' Equity	7,306	7,252	13,729	13,396	13,728	13,815	7,143	7,117	6,984	7,258	7,080
Total Liabilities	5,812	5,915	10,747	10,499	10,953	11,156	4,727	4,839	4,721	4,945	4,825
Total Current Liabilities	1,628	1,751	1,854	1,712	1,366	1,448	1,194	1,287	1,146	1,339	1,308
Short-Term Debt	320	303	303	303	25	25	25	25	25	25	25
Accounts Payable	393	514	544	452	373	463	387	417	331	437	511
Accrued Expenses	584	650	709	656	659	654	487	547	495	594	490
Other Current Liabilities	281	284	298	300	309	306	296	298	295	283	283
Other Current Nonoperating Liabilities	50	-	-	-	-	-	-	-	-	-	-
Total Noncurrent Liabilities	4,185	4,164	8,893	8,788	9,587	9,708	3,533	3,553	3,575	3,606	3,516
Long-Term Debt	2,377	2,377	7,008	6,937	7,674	7,714	1,630	1,636	1,642	1,648	1,653
Noncurrent Deferred & Payable Income Tax Liabilities	286	274	247	251	286	308	284	240	220	225	208
Other Noncurrent Operating Liabilities	1,521	1,514	1,638	1,599	1,616	1,664	1,586	1,633	1,650	1,660	1,570
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,494	1,337	2,982	2,897	2,775	2,660	2,416	2,278	2,263	2,313	2,255
Total Preferred & Common Equity	1,494	1,337	2,982	2,897	2,775	2,660	2,416	2,278	2,263	2,313	2,255
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,494	1,337	2,982	2,897	2,775	2,660	2,416	2,278	2,263	2,313	2,255
Common Stock	3,588	3,485	3,791	3,765	3,733	3,698	3,673	3,685	3,652	3,616	3,592
Retained Earnings	-1,914	-1,992	-617	-722	-801	-860	-1,102	-1,217	-1,171	-1,085	-1,144
Accumulated Other Comprehensive Income / (Loss)	-180	-157	-192	-146	-157	-178	-155	-190	-218	-218	-193

This table displays calculated financial ratios and metrics derived from Tapestry's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/29/2024	7/1/2023	7/2/2022	7/3/2021	6/27/2020	6/29/2019	6/30/2018	7/1/2017	7/2/2016	6/27/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.15%	-0.35%	16.33%	15.82%	-17.68%	2.50%	31.01%	-0.08%	7.16%	-12.79%
EBITDA Growth	-2.08%	2.16%	14.99%	476.00%	-129.18%	16.24%	-6.91%	15.75%	6.71%	-38.16%
EBIT Growth	-2.89%	0.97%	19.69%	271.72%	-169.29%	21.36%	-14.81%	20.49%	5.74%	-44.83%
NOPAT Growth	-4.23%	-0.17%	6.86%	333.41%	-156.01%	53.79%	-27.00%	27.66%	18.12%	-47.85%
Net Income Growth	-12.82%	9.31%	2.65%	227.93%	-201.35%	61.86%	-32.74%	28.34%	14.44%	-48.50%
EPS Growth	-9.79%	22.40%	7.46%	226.07%	-205.88%	60.14%	-33.97%	26.67%	13.79%	-48.03%
Operating Cash Flow Growth	28.75%	14.30%	-35.54%	225.23%	-48.64%	-20.56%	16.83%	12.55%	-19.07%	-4.87%
Free Cash Flow Firm Growth	50.56%	1.61%	-36.38%	250.07%	-13.50%	123.27%	-297.92%	251.89%	49.10%	-74.43%
Invested Capital Growth	-8.24%	5.77%	6.65%	-10.01%	-18.87%	7.98%	152.70%	-15.37%	16.06%	19.91%
Revenue Q/Q Growth	-0.42%	-0.08%	0.14%	18.59%	-13.87%	0.50%	6.33%	-0.46%	3.47%	-3.06%
EBITDA Q/Q Growth	0.72%	6.01%	-0.86%	82.62%	-297.87%	-1.47%	0.19%	9.44%	9.84%	-6.65%
EBIT Q/Q Growth	-3.54%	2.86%	-1.55%	125.49%	-396.13%	-2.74%	-0.86%	10.71%	13.55%	-8.98%
NOPAT Q/Q Growth	-4.55%	2.63%	-0.92%	118.57%	-452.46%	-9.16%	18.27%	14.05%	17.41%	-12.68%
Net Income Q/Q Growth	-7.36%	3.92%	-1.27%	144.92%	-211.41%	-8.89%	17.78%	13.48%	17.87%	-13.65%
EPS Q/Q Growth	-7.41%	5.15%	2.26%	141.80%	-196.20%	-9.43%	17.95%	12.97%	17.86%	-14.20%
Operating Cash Flow Q/Q Growth	-10.31%	20.16%	-14.29%	46.18%	-35.98%	-21.84%	9.58%	9.55%	9.03%	-12.14%
Free Cash Flow Firm Q/Q Growth	-0.24%	10.81%	-10.58%	68.89%	-26.55%	-39.33%	5.95%	22.96%	206.09%	-79.11%
Invested Capital Q/Q Growth	-4.00%	-2.47%	-0.95%	-3.79%	-3.20%	2.27%	-2.83%	-4.35%	1.36%	42.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	73.29%	70.78%	69.57%	71.04%	65.29%	67.26%	65.45%	68.65%	67.93%	69.39%
EBITDA Margin	20.47%	20.94%	20.43%	20.66%	-6.37%	17.96%	15.84%	22.28%	19.24%	19.32%
Operating Margin	17.09%	17.60%	17.59%	16.85%	-11.10%	13.60%	11.43%	17.54%	14.55%	14.74%
EBIT Margin	17.04%	17.58%	17.34%	16.86%	-11.37%	13.51%	11.41%	17.54%	14.55%	14.74%
Profit (Net Income) Margin	12.23%	14.05%	12.81%	14.52%	-13.14%	10.68%	6.76%	13.17%	10.25%	9.60%
Tax Burden Percent	80.64%	81.88%	81.79%	92.97%	104.47%	83.97%	66.61%	77.87%	73.49%	65.79%
Interest Burden Percent	89.01%	97.64%	90.31%	92.63%	110.65%	94.12%	88.97%	96.39%	95.88%	98.96%
Effective Tax Rate	19.36%	18.12%	18.21%	7.03%	0.00%	16.03%	33.39%	22.13%	26.51%	34.21%
Return on Invested Capital (ROIC)	29.99%	30.87%	32.84%	30.08%	-10.97%	18.41%	17.84%	39.51%	30.69%	30.61%
ROIC Less NNEP Spread (ROIC-NNEP)	8.37%	27.97%	-34.67%	0.74%	-53.89%	5.92%	25.99%	41.22%	32.63%	30.99%
Return on Net Nonoperating Assets (RNNOA)	1.55%	10.15%	-1.95%	0.06%	-11.56%	0.63%	-5.11%	-18.72%	-12.89%	-14.22%
Return on Equity (ROE)	31.54%	41.02%	30.89%	30.14%	-22.53%	19.04%	12.73%	20.79%	17.80%	16.39%
Cash Return on Invested Capital (CROIC)	38.58%	25.26%	26.40%	40.62%	9.87%	10.73%	-68.75%	56.16%	15.83%	12.51%
Operating Return on Assets (OROA)	11.08%	16.28%	14.82%	11.88%	-7.62%	12.01%	10.72%	14.68%	13.67%	14.84%
Return on Assets (ROA)	7.96%	13.02%	10.94%	10.23%	-8.81%	9.49%	6.36%	11.02%	9.63%	9.66%
Return on Common Equity (ROCE)	31.54%	41.02%	30.89%	30.14%	-22.53%	19.04%	12.73%	20.79%	17.80%	16.39%
Return on Equity Simple (ROE_SIMPLE)	28.17%	41.09%	37.47%	25.59%	-28.65%	18.31%	12.25%	19.69%	17.16%	16.16%
Net Operating Profit after Tax (NOPAT)	919	960	962	900	-386	688	448	613	480	407
NOPAT Margin	13.78%	14.41%	14.39%	15.66%	-7.77%	11.42%	7.61%	13.66%	10.69%	9.70%
Net Nonoperating Expense Percent (NNEP)	21.63%	2.90%	67.50%	29.34%	42.92%	12.49%	-8.15%	-1.71%	-1.94%	-0.37%
Cost of Revenue to Revenue	26.71%	29.22%	30.43%	28.96%	34.71%	32.74%	34.55%	31.35%	32.07%	30.61%
SG&A Expenses to Revenue	56.20%	53.18%	51.98%	54.19%	66.76%	53.66%	54.02%	51.10%	53.38%	54.65%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	56.20%	53.18%	51.98%	54.19%	76.39%	53.66%	54.02%	51.10%	53.38%	54.65%
Earnings before Interest and Taxes (EBIT)	1,137	1,171	1,159	969	-564	814	671	787	654	618
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,366	1,395	1,365	1,187	-316	1,082	931	1,000	864	810
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.39	4.20	3.17	3.32	1.39	2.28	3.48	3.61	3.33	3.04
Price to Tangible Book Value (P/TBV)	28.99	0.00	0.00	18.40	0.00	28.13	412.37	4.98	4.87	4.46
Price to Revenue (P/Rev)	1.47	1.44	1.08	1.88	0.64	1.33	1.92	2.42	1.99	1.80
Price to Earnings (P/E)	12.05	10.21	8.47	12.98	0.00	12.47	28.42	18.36	19.38	18.79
Dividend Yield	3.27%	2.91%	3.47%	0.00%	11.82%	4.88%	3.44%	3.50%	4.21%	4.93%
Earnings Yield	8.30%	9.79%	11.81%	7.70%	0.00%	8.02%	3.52%	5.45%	5.16%	5.32%
Enterprise Value to Invested Capital (EV/IC)	3.36	3.28	2.64	3.67	1.28	2.16	3.24	6.52	4.71	4.50
Enterprise Value to Revenue (EV/Rev)	1.48	1.57	1.19	1.81	0.81	1.39	1.98	2.07	1.76	1.56
Enterprise Value to EBITDA (EV/EBITDA)	7.23	7.51	5.85	8.76	0.00	7.76	12.51	9.27	9.17	8.05
Enterprise Value to EBIT (EV/EBIT)	8.68	8.95	6.89	10.74	0.00	10.31	17.37	11.77	12.13	10.55
Enterprise Value to NOPAT (EV/NOPAT)	10.73	10.92	8.31	11.56	0.00	12.20	26.03	15.12	16.50	16.04
Enterprise Value to Operating Cash Flow (EV/OCF)	7.86	10.74	9.36	7.86	9.89	10.59	11.68	10.86	10.45	6.96
Enterprise Value to Free Cash Flow (EV/FCFF)	8.34	13.34	10.33	8.56	11.60	20.92	0.00	10.64	31.99	39.26
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.50	0.73	0.74	0.49	1.01	0.46	0.49	0.53	0.33	0.36
Long-Term Debt to Equity	2.39	0.72	0.73	0.49	0.70	0.46	0.49	0.53	0.32	0.35
Financial Leverage	0.18	0.36	0.06	0.08	0.21	0.11	-0.20	-0.45	-0.40	-0.46
Leverage Ratio	3.96	3.15	2.82	2.95	2.56	2.01	2.00	1.89	1.85	1.70
Compound Leverage Factor	3.53	3.08	2.55	2.73	2.83	1.89	1.78	1.82	1.77	1.68
Debt to Total Capital	71.42%	42.17%	42.52%	32.80%	50.25%	31.33%	33.03%	34.48%	24.62%	26.34%
Short-Term Debt to Total Capital	2.99%	0.63%	0.78%	0.00%	15.55%	0.02%	0.01%	0.00%	0.42%	0.33%
Long-Term Debt to Total Capital	68.43%	41.53%	41.73%	32.80%	34.70%	31.31%	33.02%	34.48%	24.20%	26.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	28.58%	57.83%	57.48%	67.20%	49.75%	68.67%	66.97%	65.52%	75.38%	73.66%
Debt to EBITDA	5.30	1.19	1.24	1.34	-7.28	1.48	1.72	1.58	1.01	1.10
Net Debt to EBITDA	0.03	0.66	0.54	-0.36	-2.76	0.34	0.38	-1.58	-1.16	-1.29
Long-Term Debt to EBITDA	5.08	1.17	1.22	1.34	-5.03	1.48	1.72	1.58	1.00	1.09
Debt to NOPAT	7.88	1.73	1.76	1.77	-5.96	2.33	3.58	2.58	1.82	2.19
Net Debt to NOPAT	0.04	0.96	0.77	-0.47	-2.26	0.54	0.78	-2.58	-2.09	-2.56
Long-Term Debt to NOPAT	7.55	1.70	1.73	1.77	-4.12	2.33	3.57	2.58	1.79	2.16
Altman Z-Score	1.90	2.61	2.28	2.59	0.67	3.04	3.48	4.20	4.08	3.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.14	1.84	1.75	2.37	1.47	2.79	2.59	5.24	2.63	3.00
Quick Ratio	4.34	0.74	0.82	1.55	0.93	1.67	1.67	4.45	1.89	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,183	786	773	1,215	347	401	-1,725	872	248	166
Operating Cash Flow to CapEx	1,152.98%	529.42%	908.63%	1,437.24%	198.15%	288.99%	373.04%	543.48%	191.37%	470.35%
Free Cash Flow to Firm to Interest Expense	9.46	28.46	6.88	17.02	5.78	8.38	-23.31	30.69	9.21	25.95
Operating Cash Flow to Interest Expense	10.04	35.33	7.59	18.54	6.77	16.54	13.48	30.06	28.20	146.47
Operating Cash Flow Less CapEx to Interest Expense	9.17	28.66	6.76	17.25	3.35	10.82	9.87	24.53	13.46	115.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.65	0.93	0.85	0.70	0.67	0.89	0.94	0.84	0.94	1.01
Accounts Receivable Turnover	30.34	28.72	29.54	29.21	20.19	19.69	20.20	17.49	19.33	20.05
Inventory Turnover	2.04	2.03	2.35	2.26	2.27	2.72	3.55	3.03	3.05	2.54
Fixed Asset Turnover	12.36	12.01	0.00	0.00	0.00	6.61	7.46	5.57	5.44	5.80
Accounts Payable Turnover	4.10	4.15	4.21	5.78	9.20	7.77	8.85	7.38	7.04	6.81
Days Sales Outstanding (DSO)	12.03	12.71	12.35	12.50	18.08	18.54	18.07	20.87	18.88	18.20
Days Inventory Outstanding (DIO)	178.67	179.47	155.13	161.37	160.57	134.29	102.73	120.47	119.64	143.85
Days Payable Outstanding (DPO)	89.02	87.93	86.66	63.16	39.68	46.97	41.23	49.45	51.88	53.58
Cash Conversion Cycle (CCC)	101.68	104.25	80.82	110.71	138.97	105.86	79.57	91.89	86.64	108.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,934	3,197	3,023	2,834	3,150	3,882	3,595	1,423	1,681	1,449
Invested Capital Turnover	2.18	2.14	2.28	1.92	1.41	1.61	2.34	2.89	2.87	3.16
Increase / (Decrease) in Invested Capital	-263	174	189	-315	-733	287	2,173	-258	233	241
Enterprise Value (EV)	9,869	10,478	7,987	10,403	4,027	8,395	11,649	9,270	7,924	6,521
Market Capitalization	9,832	9,559	7,250	10,828	3,154	8,026	11,299	10,849	8,926	7,563
Book Value per Share	$12.61	$9.83	$9.08	$11.69	$8.24	$12.11	$11.27	$10.68	$9.65	$9.01
Tangible Book Value per Share	$1.48	($1.34)	($1.28)	$2.11	($1.46)	$0.98	$0.10	$7.76	$6.60	$6.14
Total Capital	10,138	3,939	3,976	4,850	4,576	5,116	4,845	4,581	3,559	3,380
Total Debt	7,241	1,661	1,690	1,591	2,299	1,603	1,601	1,580	876	890
Total Long-Term Debt	6,937	1,636	1,659	1,591	1,588	1,602	1,600	1,580	861	879
Net Debt	37	919	737	-425	873	369	351	-1,579	-1,002	-1,041
Capital Expenditures (CapEx)	109	184	94	92	205	274	267	157	396	199
Debt-free, Cash-free Net Working Capital (DFCFNWC)	192	361	183	-66	96	406	245	116	42	157
Debt-free Net Working Capital (DFNWC)	7,396	1,102	1,136	1,950	1,523	1,640	1,495	3,200	1,361	1,683
Net Working Capital (NWC)	7,092	1,077	1,105	1,950	811	1,639	1,494	3,200	1,346	1,672
Net Nonoperating Expense (NNE)	103	24	105	66	267	45	50	22	20	4.21
Net Nonoperating Obligations (NNO)	37	919	737	-425	873	369	351	-1,579	-1,002	-1,041
Total Depreciation and Amortization (D&A)	229	224	206	219	248	268	260	213	211	192
Debt-free, Cash-free Net Working Capital to Revenue	2.87%	5.41%	2.74%	-1.15%	1.94%	6.73%	4.17%	2.58%	0.93%	3.75%
Debt-free Net Working Capital to Revenue	110.86%	16.54%	17.00%	33.93%	30.69%	27.20%	25.43%	71.29%	30.30%	40.15%
Net Working Capital to Revenue	106.31%	16.17%	16.53%	33.93%	16.35%	27.19%	25.42%	71.29%	29.97%	39.88%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.56	$3.96	$3.24	$3.00	($2.34)	$2.22	$1.39	$2.11	$1.66	$1.46
Adjusted Weighted Average Basic Shares Outstanding	229.20M	236.40M	264.30M	277.90M	278.60M	289.40M	285.40M	280.60M	277.60M	275.70M
Adjusted Diluted Earnings per Share	$3.50	$3.88	$3.17	$2.95	($2.34)	$2.21	$1.38	$2.09	$1.65	$1.45
Adjusted Weighted Average Diluted Shares Outstanding	233.20M	241.30M	270.10M	283M	278.60M	290.80M	288.60M	282.80M	279.30M	277.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.22	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	230.22M	227.44M	241.22M	279.58M	276.24M	286.85M	288.04M	282.58M	278.94M	276.63M
Normalized Net Operating Profit after Tax (NOPAT)	919	960	962	900	-51	688	448	613	480	407
Normalized NOPAT Margin	13.78%	14.41%	14.39%	15.66%	-1.03%	11.42%	7.61%	13.66%	10.69%	9.70%
Pre Tax Income Margin	15.17%	17.16%	15.66%	15.62%	-12.58%	12.71%	10.15%	16.91%	13.95%	14.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.10	42.42	10.31	13.57	-9.39	17.00	9.06	27.73	24.29	96.56
NOPAT to Interest Expense	7.36	34.78	8.56	12.60	-6.42	14.37	6.05	21.59	17.85	63.53
EBIT Less CapEx to Interest Expense	8.22	35.74	9.48	12.28	-12.80	11.27	5.45	22.19	9.56	65.42
NOPAT Less CapEx to Interest Expense	6.48	28.11	7.72	11.31	-9.83	8.65	2.44	16.06	3.12	32.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.39%	30.27%	30.88%	0.00%	-58.32%	60.72%	96.63%	63.96%	81.32%	92.40%
Augmented Payout Ratio	39.39%	105.43%	217.73%	0.00%	-104.32%	76.27%	96.63%	63.96%	81.32%	92.40%

This table displays calculated financial ratios and metrics derived from Tapestry's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.89%	5.32%	-0.38%	-1.75%	-1.80%	2.92%	0.44%	-0.33%	5.01%	-5.41%	1.73%
EBITDA Growth	20.21%	7.53%	0.58%	-13.92%	-10.95%	8.01%	7.69%	12.90%	26.14%	-7.65%	-16.36%
EBIT Growth	26.30%	8.31%	1.83%	-15.27%	-12.12%	6.47%	3.37%	13.56%	37.72%	-7.59%	-16.80%
NOPAT Growth	28.39%	23.78%	0.64%	-18.88%	-11.24%	8.14%	-1.54%	11.93%	38.07%	-12.25%	-13.08%
Net Income Growth	45.84%	-3.69%	-4.31%	-28.92%	-25.33%	-2.30%	-0.15%	18.70%	52.16%	3.77%	-13.93%
EPS Growth	58.33%	-0.72%	-5.95%	-29.47%	-23.08%	2.21%	6.33%	25.00%	69.57%	18.26%	-1.25%
Operating Cash Flow Growth	47.55%	-38.78%	58.70%	-36.06%	-12.99%	30.61%	144.19%	69.09%	317.41%	-2.09%	-881.65%
Free Cash Flow Firm Growth	-32.97%	-34.77%	329.01%	711.80%	1,152.15%	830.59%	289.34%	229.34%	-219.33%	-88.77%	-117.31%
Invested Capital Growth	-1.51%	2.64%	-12.92%	-8.24%	-6.78%	-6.45%	1.63%	5.77%	7.42%	9.44%	9.41%
Revenue Q/Q Growth	-27.82%	45.63%	-5.25%	7.33%	-28.88%	37.75%	-6.56%	7.29%	-25.47%	34.44%	-7.29%
EBITDA Q/Q Growth	-43.62%	75.20%	11.38%	15.74%	-51.09%	63.88%	-4.68%	19.73%	-42.25%	63.40%	-0.07%
EBIT Q/Q Growth	-48.05%	91.07%	10.85%	14.79%	-55.45%	79.63%	-7.77%	19.06%	-46.02%	74.38%	1.33%
NOPAT Q/Q Growth	-51.31%	112.63%	11.75%	10.96%	-53.05%	72.87%	-9.92%	21.41%	-42.80%	57.39%	2.41%
Net Income Q/Q Growth	-34.50%	66.35%	17.14%	14.28%	-56.75%	65.28%	-12.99%	20.03%	-43.41%	68.92%	3.44%
EPS Q/Q Growth	-31.16%	74.68%	17.91%	11.67%	-56.83%	65.48%	-11.58%	21.79%	-42.65%	72.15%	3.95%
Operating Cash Flow Q/Q Growth	-71.48%	323.43%	-53.32%	161.76%	-88.17%	997.61%	-81.19%	256.23%	-82.24%	471.36%	-171.96%
Free Cash Flow Firm Q/Q Growth	-28.41%	-43.91%	44.89%	15.22%	-30.34%	268.93%	174.16%	249.33%	-161.61%	175.07%	-576.87%
Invested Capital Q/Q Growth	-0.15%	0.87%	1.86%	-4.00%	4.05%	-14.42%	7.34%	-2.47%	4.42%	-7.02%	11.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	76.09%	74.39%	75.28%	74.87%	74.70%	71.63%	72.54%	72.41%	72.76%	68.59%	70.00%
EBITDA Margin	19.41%	24.84%	20.65%	17.57%	16.29%	24.33%	20.45%	20.05%	17.97%	23.19%	19.08%
Operating Margin	16.01%	22.45%	16.72%	14.77%	13.78%	21.47%	16.73%	16.89%	14.99%	20.65%	16.88%
EBIT Margin	16.06%	22.31%	17.01%	14.54%	13.59%	21.70%	16.64%	16.86%	15.19%	20.97%	16.17%
Profit (Net Income) Margin	12.83%	14.14%	12.38%	10.01%	9.40%	15.46%	12.89%	13.84%	12.37%	16.29%	12.96%
Tax Burden Percent	85.03%	89.89%	82.68%	79.33%	82.24%	79.96%	81.76%	84.00%	83.65%	79.13%	82.68%
Interest Burden Percent	93.95%	70.48%	88.03%	86.81%	84.12%	89.12%	94.72%	97.73%	97.34%	98.14%	96.96%
Effective Tax Rate	14.97%	10.11%	17.32%	20.67%	17.76%	20.04%	18.24%	16.00%	16.35%	20.87%	17.32%
Return on Invested Capital (ROIC)	30.88%	45.95%	28.70%	25.50%	23.98%	38.01%	26.80%	30.39%	26.41%	35.87%	28.98%
ROIC Less NNEP Spread (ROIC-NNEP)	29.49%	32.39%	24.44%	19.82%	19.56%	31.56%	25.67%	29.70%	26.07%	35.60%	26.15%
Return on Net Nonoperating Assets (RNNOA)	12.41%	15.84%	4.63%	3.66%	5.03%	7.00%	11.75%	10.78%	8.32%	5.21%	5.12%
Return on Equity (ROE)	43.29%	61.80%	33.33%	29.16%	29.01%	45.02%	38.54%	41.18%	34.74%	41.08%	34.10%
Cash Return on Invested Capital (CROIC)	36.10%	31.04%	42.49%	38.58%	37.44%	39.08%	26.49%	25.26%	22.40%	20.38%	19.79%
Operating Return on Assets (OROA)	10.50%	14.36%	10.86%	9.46%	8.79%	13.85%	15.60%	15.61%	14.14%	18.21%	14.38%
Return on Assets (ROA)	8.39%	9.10%	7.91%	6.51%	6.08%	9.87%	12.08%	12.82%	11.51%	14.14%	11.53%
Return on Common Equity (ROCE)	43.29%	61.80%	33.33%	29.16%	29.01%	45.02%	38.54%	41.18%	34.74%	41.08%	34.10%
Return on Equity Simple (ROE_SIMPLE)	57.54%	59.54%	27.08%	0.00%	31.74%	34.89%	38.73%	0.00%	39.79%	36.17%	36.57%
Net Operating Profit after Tax (NOPAT)	216	443	208	186	168	358	207	230	189	331	210
NOPAT Margin	13.61%	20.18%	13.82%	11.72%	11.33%	17.17%	13.68%	14.19%	12.54%	16.34%	13.96%
Net Nonoperating Expense Percent (NNEP)	1.38%	13.57%	4.25%	5.68%	4.42%	6.45%	1.12%	0.69%	0.34%	0.27%	2.83%
Return On Investment Capital (ROIC_SIMPLE)	5.15%	11.03%	-	-	-	3.44%	-	-	-	-	-
Cost of Revenue to Revenue	23.91%	25.61%	24.72%	25.13%	25.30%	28.37%	27.46%	27.59%	27.24%	31.41%	30.00%
SG&A Expenses to Revenue	60.08%	51.94%	58.57%	60.10%	60.92%	50.16%	55.81%	55.52%	57.77%	47.95%	53.12%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	60.08%	51.94%	58.57%	60.10%	60.92%	50.16%	55.81%	55.52%	57.77%	47.95%	53.12%
Earnings before Interest and Taxes (EBIT)	255	490	256	231	202	452	252	273	229	425	244
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	308	545	311	280	242	507	310	325	271	470	287
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.74	11.49	3.70	3.39	3.89	3.08	2.61	4.20	4.30	3.77	2.87
Price to Tangible Book Value (P/TBV)	0.00	0.00	27.74	28.99	53.11	117.51	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.11	2.27	1.66	1.47	1.61	1.22	0.95	1.44	1.46	1.32	0.96
Price to Earnings (P/E)	16.92	19.29	13.67	12.05	12.26	8.83	6.75	10.21	10.81	10.42	7.84
Dividend Yield	1.99%	2.13%	2.92%	3.27%	2.87%	3.64%	4.50%	2.91%	2.79%	3.04%	3.92%
Earnings Yield	5.91%	5.18%	7.32%	8.30%	8.15%	11.33%	14.82%	9.79%	9.25%	9.60%	12.76%
Enterprise Value to Invested Capital (EV/IC)	5.38	5.65	3.70	3.36	3.63	2.88	2.14	3.28	3.28	3.04	2.25
Enterprise Value to Revenue (EV/Rev)	2.35	2.51	1.66	1.48	1.65	1.26	1.10	1.57	1.61	1.45	1.13
Enterprise Value to EBITDA (EV/EBITDA)	11.10	12.11	8.07	7.23	8.17	6.11	5.38	7.51	8.17	7.58	5.84
Enterprise Value to EBIT (EV/EBIT)	13.13	14.44	9.67	8.68	9.40	7.02	6.22	8.95	9.45	8.88	6.83
Enterprise Value to NOPAT (EV/NOPAT)	15.43	17.01	12.00	10.73	11.51	8.60	7.66	10.92	11.50	10.81	8.15
Enterprise Value to Operating Cash Flow (EV/OCF)	15.78	17.39	8.50	7.86	7.92	5.99	6.00	10.74	13.25	14.74	11.47
Enterprise Value to Free Cash Flow (EV/FCFF)	14.78	18.44	8.10	8.34	9.35	7.13	8.13	13.34	15.17	15.59	11.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.81	2.01	2.45	2.50	2.77	2.91	0.69	0.73	0.74	0.72	0.74
Long-Term Debt to Equity	1.59	1.78	2.35	2.39	2.77	2.90	0.67	0.72	0.73	0.71	0.73
Financial Leverage	0.42	0.49	0.19	0.18	0.26	0.22	0.46	0.36	0.32	0.15	0.20
Leverage Ratio	4.93	5.27	3.87	3.96	4.11	4.24	3.04	3.15	2.98	2.90	2.79
Compound Leverage Factor	4.63	3.72	3.40	3.44	3.46	3.78	2.88	3.08	2.91	2.84	2.71
Debt to Total Capital	64.36%	66.73%	71.03%	71.42%	73.50%	74.42%	40.65%	42.17%	42.41%	41.96%	42.67%
Short-Term Debt to Total Capital	7.63%	7.55%	2.95%	2.99%	0.24%	0.24%	0.61%	0.63%	0.64%	0.63%	0.64%
Long-Term Debt to Total Capital	56.72%	59.18%	68.08%	68.43%	73.27%	74.18%	40.04%	41.53%	41.77%	41.34%	42.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	35.64%	33.27%	28.97%	28.58%	26.50%	25.58%	59.35%	57.83%	57.59%	58.04%	57.33%
Debt to EBITDA	1.85	1.91	5.35	5.30	5.68	5.58	1.22	1.19	1.27	1.33	1.29
Net Debt to EBITDA	1.13	1.19	0.00	0.03	0.21	0.20	0.75	0.66	0.77	0.66	0.86
Long-Term Debt to EBITDA	1.63	1.69	5.12	5.08	5.66	5.57	1.20	1.17	1.25	1.31	1.27
Debt to NOPAT	2.57	2.68	7.94	7.88	7.99	7.86	1.73	1.73	1.78	1.89	1.80
Net Debt to NOPAT	1.56	1.68	0.01	0.04	0.29	0.28	1.06	0.96	1.08	0.94	1.21
Long-Term Debt to NOPAT	2.27	2.38	7.61	7.55	7.97	7.83	1.70	1.70	1.76	1.87	1.78
Altman Z-Score	2.39	2.50	1.74	1.68	1.71	1.61	1.84	2.19	2.25	2.14	1.82
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.76	1.58	4.93	5.14	6.59	6.25	2.02	1.84	1.94	1.87	1.82
Quick Ratio	0.81	0.74	4.09	4.34	5.63	5.32	0.76	0.74	0.78	0.82	0.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	262	366	652	450	390	560	152	55	-37	60	-80
Operating Cash Flow to CapEx	466.99%	1,637.54%	466.80%	554.11%	514.74%	3,625.00%	360.29%	1,157.23%	275.49%	776.44%	-624.18%
Free Cash Flow to Firm to Interest Expense	16.99	2.53	21.23	14.75	12.20	11.39	11.42	8.94	-6.08	7.62	-10.84
Operating Cash Flow to Interest Expense	9.37	3.50	3.89	8.39	3.06	16.80	5.66	64.58	18.43	80.10	-23.03
Operating Cash Flow Less CapEx to Interest Expense	7.36	3.29	3.06	6.88	2.46	16.34	4.09	59.00	11.74	69.78	-26.72
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.65	0.64	0.64	0.65	0.65	0.64	0.94	0.93	0.93	0.87	0.89
Accounts Receivable Turnover	25.84	24.96	24.51	30.34	25.89	26.99	24.95	28.72	27.56	24.18	26.50
Inventory Turnover	2.02	1.94	1.76	2.04	2.08	2.07	1.83	2.03	2.17	2.35	2.12
Fixed Asset Turnover	13.71	13.06	12.66	12.36	12.22	12.12	12.51	12.01	0.00	0.00	0.00
Accounts Payable Turnover	4.47	3.50	3.74	4.10	5.19	4.15	4.26	4.15	4.95	4.48	4.48
Days Sales Outstanding (DSO)	14.13	14.62	14.89	12.03	14.10	13.52	14.63	12.71	13.24	15.10	13.77
Days Inventory Outstanding (DIO)	180.80	188.09	207.11	178.67	175.47	176.23	199.00	179.47	168.14	155.45	172.32
Days Payable Outstanding (DPO)	81.62	104.25	97.66	89.02	70.27	88.04	85.76	87.93	73.72	81.51	81.39
Cash Conversion Cycle (CCC)	113.30	98.47	124.34	101.68	119.30	101.71	127.87	104.25	107.66	89.04	104.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,010	3,014	2,988	2,934	3,056	2,937	3,432	3,197	3,278	3,140	3,377
Invested Capital Turnover	2.27	2.28	2.08	2.18	2.12	2.21	1.96	2.14	2.11	2.20	2.08
Increase / (Decrease) in Invested Capital	-46	77	-443	-263	-222	-203	55	174	226	271	291
Enterprise Value (EV)	16,183	17,028	11,043	9,869	11,083	8,468	7,331	10,478	10,753	9,545	7,584
Market Capitalization	14,543	15,350	11,037	9,832	10,803	8,191	6,315	9,559	9,738	8,719	6,463
Book Value per Share	$7.22	$5.74	$12.95	$12.61	$12.10	$11.61	$10.62	$9.83	$9.59	$9.60	$9.35
Tangible Book Value per Share	($5.09)	($5.23)	$1.73	$1.48	$0.89	$0.30	($0.71)	($1.34)	($1.46)	($1.24)	($1.37)
Total Capital	4,191	4,017	10,294	10,138	10,474	10,399	4,071	3,939	3,930	3,986	3,934
Total Debt	2,697	2,681	7,312	7,241	7,699	7,739	1,655	1,661	1,667	1,673	1,678
Total Long-Term Debt	2,377	2,377	7,008	6,937	7,674	7,714	1,630	1,636	1,642	1,648	1,653
Net Debt	1,640	1,678	6.50	37	281	277	1,016	919	1,015	826	1,121
Capital Expenditures (CapEx)	31	31	26	46	19	23	21	35	41	82	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	496	321	290	192	238	158	601	361	446	339	547
Debt-free Net Working Capital (DFNWC)	1,553	1,324	7,595	7,396	7,656	7,620	1,240	1,102	1,098	1,185	1,104
Net Working Capital (NWC)	1,234	1,021	7,292	7,092	7,631	7,595	1,215	1,077	1,073	1,160	1,079
Net Nonoperating Expense (NNE)	12	133	22	27	29	36	12	5.71	2.59	1.03	15
Net Nonoperating Obligations (NNO)	1,516	1,678	6.50	37	281	277	1,016	919	1,015	826	1,121
Total Depreciation and Amortization (D&A)	53	56	55	48	40	55	58	52	42	45	44
Debt-free, Cash-free Net Working Capital to Revenue	7.22%	4.74%	4.35%	2.87%	3.55%	2.34%	9.01%	5.41%	6.69%	5.14%	8.15%
Debt-free Net Working Capital to Revenue	22.58%	19.54%	113.95%	110.86%	114.28%	113.28%	18.59%	16.54%	16.47%	17.97%	16.45%
Net Working Capital to Revenue	17.93%	15.07%	109.39%	106.31%	113.90%	112.91%	18.22%	16.17%	16.09%	17.59%	16.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.98	$1.41	$0.81	$0.69	$0.61	$1.41	$0.85	$0.97	$0.80	$1.38	$0.81
Adjusted Weighted Average Basic Shares Outstanding	207.30M	219.90M	231.50M	229.20M	229.50M	229.30M	228.30M	236.40M	234.60M	239.30M	241.50M
Adjusted Diluted Earnings per Share	$0.95	$1.38	$0.79	$0.67	$0.60	$1.39	$0.84	$0.95	$0.78	$1.36	$0.79
Adjusted Weighted Average Diluted Shares Outstanding	213.90M	224.90M	235.90M	233.20M	234.20M	231.70M	232.50M	241.30M	239.70M	243.30M	246.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	207.69M	207.02M	233.04M	230.22M	229.77M	229.37M	229.19M	227.44M	231.80M	236.08M	240.96M
Normalized Net Operating Profit after Tax (NOPAT)	216	443	208	186	168	358	207	230	189	331	210
Normalized NOPAT Margin	13.61%	20.18%	13.82%	11.72%	11.33%	17.17%	13.68%	14.19%	12.54%	16.34%	13.96%
Pre Tax Income Margin	15.09%	15.73%	14.97%	12.62%	11.43%	19.34%	15.76%	16.47%	14.79%	20.58%	15.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.53	3.39	8.35	7.58	6.30	9.19	18.93	44.03	37.59	53.77	32.92
NOPAT to Interest Expense	14.01	3.06	6.79	6.11	5.25	7.27	15.57	37.07	31.03	41.89	28.41
EBIT Less CapEx to Interest Expense	14.52	3.17	7.52	6.07	5.70	8.73	17.36	38.45	30.90	43.46	29.23
NOPAT Less CapEx to Interest Expense	12.00	2.85	5.95	4.60	4.66	6.81	13.99	31.49	24.34	31.57	24.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.71%	39.56%	39.95%	39.39%	35.20%	32.27%	31.08%	30.27%	30.62%	32.40%	32.44%
Augmented Payout Ratio	229.44%	242.28%	39.95%	39.39%	58.07%	75.75%	31.08%	105.43%	125.24%	169.85%	207.64%

Frequently Asked Questions About Tapestry's Financials

When does Tapestry's fiscal year end?

According to the most recent income statement we have on file, Tapestry's financial year ends in June. Their financial year 2024 ended on June 29, 2024.

How has Tapestry's net income changed over the last 9 years?

Tapestry's net income appears to be on an upward trend, with a most recent value of $816 million in 2024, rising from $402.40 million in 2015. The previous period was $936 million in 2023. Find out what analysts predict for Tapestry in the coming months.

What is Tapestry's operating income?

Tapestry's total operating income in 2024 was $1.14 billion, based on the following breakdown:

Total Gross Profit: $4.89 billion
Total Operating Expenses: $3.75 billion

How has Tapestry revenue changed over the last 9 years?

Over the last 9 years, Tapestry's total revenue changed from $4.19 billion in 2015 to $6.67 billion in 2024, a change of 59.2%.

How much debt does Tapestry have?

Tapestry's total liabilities were at $10.50 billion at the end of 2024, a 117.0% increase from 2023, and a 382.3% increase since 2015.

How much cash does Tapestry have?

In the past 9 years, Tapestry's cash and equivalents has ranged from $726.10 million in 2023 to $6.14 billion in 2024, and is currently $6.14 billion as of their latest financial filing in 2024.

How has Tapestry's book value per share changed over the last 9 years?

Over the last 9 years, Tapestry's book value per share changed from 9.01 in 2015 to 12.61 in 2024, a change of 39.9%.

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This page (NYSE:TPR) was last updated on 5/21/2025 by MarketBeat.com Staff

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Tapestry (TPR) Financials

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Tapestry (TPR) Financials

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