Stocks · Consumer discretionary · Leather & Leather Products

Tapestry, Inc.

TPR Clue Score64
United States Fiscal year ends June CIK 0001116132
$116.24 +0.36% Close, 9 Oct 2026
Price $116.24 +210.55% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue4.49Operating income0.79Net income0.59EPS, diluted2.09Fiscal year 2018Revenue5.88 +31.0%Operating income0.67Net income0.40 −32.7%EPS, diluted1.38 −34.0%Fiscal year 2019Revenue6.03 +2.5%Operating income0.82Net income0.64 +61.9%EPS, diluted2.21 +60.1%Fiscal year 2020Revenue4.96 −17.7%Operating income−0.55Net income−0.65 −201.4%EPS, diluted−2.34 −205.9%Fiscal year 2021Revenue5.75 +15.8%Operating income0.97Net income0.83EPS, diluted2.95Fiscal year 2022Revenue6.68 +16.3%Operating income1.18Net income0.86 +2.6%EPS, diluted3.17 +7.5%Fiscal year 2023Revenue6.66 −0.4%Operating income1.17Net income0.94 +9.3%EPS, diluted3.88 +22.4%Fiscal year 2024Revenue6.67 +0.2%Operating income1.14Net income0.82 −12.8%EPS, diluted3.50 −9.8%Fiscal year 2025Revenue7.01 +5.1%Operating income0.42Net income0.18 −77.5%EPS, diluted0.82 −76.6%Fiscal year 2026Revenue8.00 +14.2%Operating income1.91Net income1.53 +733.9%EPS, diluted7.27 +786.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 4.49 5.88 6.03 4.96 5.75 6.68 6.66 6.67 7.01 8.00
Growth +31.0% +2.5% −17.7% +15.8% +16.3% −0.4% +0.2% +5.1% +14.2%
Operating income 0.79 0.67 0.82 −0.55 0.97 1.18 1.17 1.14 0.42 1.91
Net income 0.59 0.40 0.64 −0.65 0.83 0.86 0.94 0.82 0.18 1.53
Growth −32.7% +61.9% −201.4% +2.6% +9.3% −12.8% −77.5% +733.9%
EPS, diluted 2.09 1.38 2.21 −2.34 2.95 3.17 3.88 3.50 0.82 7.27
Growth −34.0% +60.1% −205.9% +7.5% +22.4% −9.8% −76.6% +786.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin68.6%Operating margin17.5%Net margin13.2%Free cash flow margin12.7%Fiscal year 2018Gross margin65.5%Operating margin11.4%Net margin6.8%Free cash flow margin12.4%Fiscal year 2019Gross margin67.3%Operating margin13.6%Net margin10.7%Free cash flow margin8.6%Fiscal year 2020Gross margin65.3%Operating margin−11.1%Net margin−13.1%Free cash flow margin4.1%Fiscal year 2021Gross margin71.0%Operating margin16.8%Net margin14.5%Free cash flow margin21.0%Fiscal year 2022Gross margin69.6%Operating margin17.6%Net margin12.8%Free cash flow margin11.4%Fiscal year 2023Gross margin70.8%Operating margin17.6%Net margin14.1%Free cash flow margin11.9%Fiscal year 2024Gross margin73.3%Operating margin17.1%Net margin12.2%Free cash flow margin17.2%Fiscal year 2025Gross margin75.4%Operating margin5.9%Net margin2.6%Free cash flow margin15.6%Fiscal year 2026Gross margin77.8%Operating margin23.9%Net margin19.1%Free cash flow margin22.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 68.6% 65.5% 67.3% 65.3% 71.0% 69.6% 70.8% 73.3% 75.4% 77.8%
Operating margin 17.5% 11.4% 13.6% −11.1% 16.8% 17.6% 17.6% 17.1% 5.9% 23.9%
Net margin 13.2% 6.8% 10.7% −13.1% 14.5% 12.8% 14.1% 12.2% 2.6% 19.1%
Free cash flow margin 12.7% 12.4% 8.6% 4.1% 21.0% 11.4% 11.9% 17.2% 15.6% 22.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.85Capital expenditure−0.28Free cash flow0.57Buybacks0.00Dividends paid−0.38Fiscal year 2018Operating cash flow1.00Capital expenditure−0.27Free cash flow0.73 +27.9%Buybacks0.00Dividends paid−0.38Fiscal year 2019Operating cash flow0.79Capital expenditure−0.27Free cash flow0.52 −29.0%Buybacks−0.10Dividends paid−0.39Fiscal year 2020Operating cash flow0.41Capital expenditure−0.21Free cash flow0.20 −61.1%Buybacks−0.30Dividends paid−0.38Fiscal year 2021Operating cash flow1.32Capital expenditure−0.12Free cash flow1.21 +499.1%Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow0.85Capital expenditure−0.09Free cash flow0.76 −37.1%Buybacks−1.60Dividends paid−0.26Fiscal year 2023Operating cash flow0.98Capital expenditure−0.18Free cash flow0.79 +4.2%Buybacks−0.70Dividends paid−0.28Fiscal year 2024Operating cash flow1.26Capital expenditure−0.11Free cash flow1.15 +45.0%Buybacks0.00Dividends paid−0.32Fiscal year 2025Operating cash flow1.22Capital expenditure−0.12Free cash flow1.09 −4.6%Buybacks−1.72Dividends paid−0.30Fiscal year 2026Operating cash flow1.98Capital expenditure−0.17Free cash flow1.81 +65.7%Buybacks−1.55Dividends paid−0.33
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 0.85 1.00 0.79 0.41 1.32 0.85 0.98 1.26 1.22 1.98
Capital expenditure −0.28 −0.27 −0.27 −0.21 −0.12 −0.09 −0.18 −0.11 −0.12 −0.17
Free cash flow 0.57 0.73 0.52 0.20 1.21 0.76 0.79 1.15 1.09 1.81
Growth +27.9% −29.0% −61.1% +499.1% −37.1% +4.2% +45.0% −4.6% +65.7%
Buybacks 0.00 0.00 −0.10 −0.30 0.00 −1.60 −0.70 0.00 −1.72 −1.55
Dividends paid −0.38 −0.38 −0.39 −0.38 0.00 −0.26 −0.28 −0.32 −0.30 −0.33

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash2.67Total debt1.60Net cash (debt)1.07Shareholders’ equity3.00Debt to equity0.53Fiscal year 2018Cash1.24Total debt1.62Net cash (debt)−0.37Shareholders’ equity3.24Debt to equity0.50Fiscal year 2019Cash0.97Total debt1.62Net cash (debt)−0.65Shareholders’ equity3.51Debt to equity0.46Fiscal year 2020Cash1.43Total debt2.31Net cash (debt)−0.89Shareholders’ equity2.28Debt to equity1.02Fiscal year 2021Cash2.01Total debt1.60Net cash (debt)0.41Shareholders’ equity3.26Debt to equity0.49Fiscal year 2022Cash0.79Total debt1.70Net cash (debt)−0.91Shareholders’ equity2.29Debt to equity0.74Fiscal year 2023Cash0.73Total debt1.67Net cash (debt)−0.94Shareholders’ equity2.28Debt to equity0.73Fiscal year 2024Cash6.14Total debt7.31Net cash (debt)−1.16Shareholders’ equity2.90Debt to equity2.52Fiscal year 2025Cash1.10Total debt2.41Net cash (debt)−1.31Shareholders’ equity0.86Debt to equity2.81Fiscal year 2026Cash0.97Total debt2.40Net cash (debt)−1.42Shareholders’ equity0.69Debt to equity3.46
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 2.67 1.24 0.97 1.43 2.01 0.79 0.73 6.14 1.10 0.97
Total debt 1.60 1.62 1.62 2.31 1.60 1.70 1.67 7.31 2.41 2.40
Net cash (debt) 1.07 −0.37 −0.65 −0.89 0.41 −0.91 −0.94 −1.16 −1.31 −1.42
Shareholders’ equity 3.00 3.24 3.51 2.28 3.26 2.29 2.28 2.90 0.86 0.69
Debt to equity 0.53 0.50 0.46 1.02 0.49 0.74 0.73 2.52 2.81 3.46

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending June, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Jul 2017 FY2018 30 Jun 2018 FY2019 29 Jun 2019 FY2020 27 Jun 2020 FY2021 3 Jul 2021 FY2022 2 Jul 2022 FY2023 1 Jul 2023 FY2024 29 Jun 2024 FY2025 28 Jun 2025 FY2026 27 Jun 2026
Assets
2.67 1.24 0.97 1.43 2.01 0.79 0.73 6.14 1.10 0.97
0.27 0.31 0.30 0.19 0.20 0.25 0.21 0.23 0.24 0.24
0.47 0.67 0.78 0.74 0.73 0.99 0.92 0.82 0.86 0.83
0.69 0.89 0.94 0.78 n/a n/a n/a n/a n/a n/a
0.48 1.48 1.52 1.30 1.30 1.24 1.23 1.20 0.98 0.96
5.83 6.68 6.88 7.92 8.38 7.27 7.12 13.40 6.58 6.69
Growth +14.5% +3.0% +15.2% +5.8% −13.3% −2.0% +88.2% −50.9% +1.7%
Liabilities
0.00 0.00 0.00 0.71 0.00 0.03 0.03 0.30 0.02 0.00
1.60 1.62 1.62 1.60 1.60 1.67 1.64 7.00 2.40 2.40
calc 1.60 1.62 1.62 2.31 1.60 1.70 1.67 7.31 2.41 2.40
2.83 3.43 3.36 5.65 5.12 4.98 4.84 10.50 5.72 6.00
Equity
0.11 0.12 0.29 −0.99 −0.16 −1.17 −1.22 −0.72 −2.56 −3.21
3.00 3.24 3.51 2.28 3.26 2.29 2.28 2.90 0.86 0.69
Growth +8.1% +8.3% −35.2% +43.2% −29.9% −0.3% +27.2% −70.4% −19.3%
Per share and net cash
calc 1.07 −0.37 −0.65 −0.89 0.41 −0.91 −0.94 −1.16 −1.31 −1.42
281.9 288.0 286.8 276.2 279.5 241.2 227.4 230.2 208.1 200.4
calc 10.65 11.27 12.25 8.24 11.66 9.48 10.02 12.58 4.12 3.45

Lines marked calc are worked out here from filed figures; point at one for how.