Tapestry, Inc.
TPR| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.01B | $6.67B | $6.66B | $6.68B | $5.75B | $4.96B | $6.03B | $5.88B |
| Cost of Revenue | $1.72B | $1.78B | $1.95B | $2.03B | $1.66B | $1.72B | $1.97B | $2.03B |
| Gross Profit | $5.29B | $4.89B | $4.71B | $4.65B | $4.08B | $3.24B | $4.05B | $3.85B |
| Gross Margin | 75.44% | 73.29% | 70.78% | 69.57% | 71.04% | 65.29% | 67.26% | 65.45% |
| Operating Expenses | $4.87B | $3.75B | $3.54B | $3.47B | $3.11B | $3.79B | $3.23B | $3.18B |
| Operating Income | $415.00M | $1.14B | $1.17B | $1.18B | $968.00M | $-550.80M | $819.70M | $672.00M |
| Operating Margin | 5.92% | 17.09% | 17.60% | 17.59% | 16.85% | -11.10% | 13.60% | 11.43% |
| Net Income | $183.20M | $816.00M | $936.00M | $856.30M | $834.20M | $-652.10M | $643.40M | $397.50M |
| Net Margin | 2.61% | 12.23% | 14.05% | 12.81% | 14.52% | -13.14% | 10.68% | 6.76% |
| EPS (Basic) | $0.85 | $3.56 | $3.96 | $3.24 | $3.00 | $-2.34 | $2.22 | $1.39 |
| EBITDA | $526.40M | $1.37B | $1.39B | $1.31B | $1.19B | $-315.80M | $1.08B | $931.10M |
| Stock Option Compensation Expense | $87.30M | $85.90M | $78.80M | $72.20M | $64.10M | $53.10M | $84.80M | $81.30M |
| Price To Earnings Ratio | 103.09 | 11.79 | 10.81 | 9.42 | 14.48 | -5.67 | 14.08 | 33.54 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $18.89B | $9.62B | $10.12B | $8.07B | $12.08B | $3.70B | $9.06B | $13.33B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $6.58B | $13.40B | $7.12B | $7.27B | $8.38B | $7.92B | $6.88B | $6.68B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.72B | $10.50B | $4.84B | $4.98B | $5.12B | $5.65B | $3.36B | $3.43B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $857.80M | $2.90B | $2.28B | $2.29B | $3.26B | $2.28B | $3.51B | $3.24B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $857.80M | $2.90B | $2.28B | $2.29B | $3.26B | $2.28B | $3.51B | $3.24B |
| Total Liabilities & Stockholders Equity | $6.58B | $13.40B | $7.12B | $7.27B | $8.38B | $7.92B | $6.88B | $6.68B |
| Book Value Per Share | $3.96 | $12.64 | $9.64 | $8.65 | $11.73 | $8.17 | $12.14 | $11.37 |
| Tangible Book Value Per Share | $-3.90 | $1.48 | $-1.31 | $-1.22 | $2.12 | $-1.45 | $0.99 | $0.10 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 2.78% | 6.09% | 13.15% | 11.79% | 9.95% | -8.23% | 9.36% | 5.95% |
| Return on Equity | 21.36% | 28.17% | 41.09% | 37.47% | 25.59% | -28.65% | 18.31% | 12.25% |
| Return on Invested Capital | 6.59% | 7.48% | 15.60% | 15.72% | 12.37% | -7.56% | 11.55% | 7.80% |
| Quick Ratio | 1.31 | 4.66 | 1.12 | 1.08 | 1.85 | 1.04 | 1.94 | 1.87 |
| Current Ratio | 1.87 | 5.14 | 1.84 | 1.75 | 2.37 | 1.47 | 2.79 | 2.59 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $183.20M | $816.00M | $936.00M | $856.30M | $834.20M | $-652.10M | $643.40M | $397.50M |
| Depreciation | $224.90M | $229.00M | $224.20M | $206.00M | $218.70M | $248.30M | $268.20M | $260.30M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $1.22B | $1.26B | $975.20M | $853.20M | $1.32B | $407.00M | $791.70M | $996.70M |
| Capital Expenditures | $122.70M | $108.90M | $184.20M | $93.90M | $116.00M | $205.40M | $274.20M | $267.40M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $299.30M | $321.40M | $283.30M | $264.40M | $0.00 | $380.30M | $390.70M | $384.10M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $2.02B | $0.00 | $703.50M | $1.60B | $0.00 | $300.00M | $100.00M | $0.00 |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $1.09B | $1.15B | $791.00M | $759.30M | $1.21B | $201.60M | $517.50M | $729.30M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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About the company
Tapestry, Inc. is a prominent global fashion house specializing in premium accessories and distinct lifestyle brands. It operates internationally, serving customers across the United States, Japan, Greater China, and other markets worldwide. The company's diverse portfolio is structured around three well-known brands: Coach, Kate Spade, and Stuart Weitzman. Tapestry offers an extensive product range catering to women, men, and even includes items for children and home goods. For women, this encompasses a vast selection of luxury accessories, including various handbag styles such as wallets, wristlets, and cosmetic cases, alongside unique novelty items like travel accessories, sketchbooks, and keychains. The collection further features footwear, eyewear, fine jewelry (bracelets, necklaces, rings, and earrings), fragrances, watches, and seasonal apparel, which covers outerwear, ready-to-wear collections, and cold-weather essentials like gloves, scarves, and hats. Men's offerings include a wide array of bags, from business cases and messenger bags to backpacks and totes. Additionally, they can find small leather goods like wallets, card cases, and belts, as well as footwear, timepieces, scents, sunglasses, novelty items, and ready-to-wear clothing. Beyond personal fashion, the company extends its reach to children's footwear, and home goods such as stylish bedding and tableware, alongside stationery and gift items. Tapestry also expands its market presence through licensing agreements. Under the Coach brand, it permits the marketing and distribution of tech and soft accessories, jewelry, watches, eyewear, and fragrances. The Kate Spade brand licenses include tableware, housewares, fashion bedding, tech accessories, watches, sleepwear, eyewear, stationery, gifts, and fragrances. As of July 2, 2022, Tapestry managed a substantial retail footprint, operating 945 Coach stores, 398 Kate Spade stores, and 100 Stuart Weitzman stores. Its products are distributed through various channels, including the company's e-commerce platforms, dedicated concession spaces within other retailers, wholesale partnerships, and a network of independent third-party distributors. Originally established in 1941 as Coach, Inc., the corporation rebranded as Tapestry, Inc. in October 2017. Its corporate headquarters are situated in New York, New York.