Tapestry (TPR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Tapestry

NYSE•Consumer Cyclical•Luxury Goods

$116.04-1.90(-0.02%)After hours

Market Cap

$23.42B

P/E

15.3x

P/S

2.9x

P/B

33.8x

Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in two segments, Coach and Kate Spade. It offers handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories, including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, technology accessories, gifting, straps, and charms. The company also provides women's and men's footwear, which casual and dress shoes, boots, sneakers, and sandals; and other products which includes outerwear, ready-to-wear, jewelry, watches, eyewear, fragrance, scarves, hats, gloves, and other products. It offers its products through retail and outlet stores, brand e-commerce sites, and concession shop-in-shops, as well as third-party digital platforms, including marketplaces. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.

How this company scores

GoodMetricSide Score: 79/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability25/25

Growth23/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.3x5y range 7.0x – 99.1x

Currently near its 20-quarter median.

P/S · 2.9x5y range 1.0x – 3.6x

Currently above its 20-quarter median.

P/B · 33.8x5y range 2.7x – 56.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.7x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $23.42B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $8.00B
Q. Revenue: $1.88B
TTM EBITDA: $2.08B
TTM Op. Income: $1.91B
Q. Op. Income: $442.30M
TTM Net Income: $1.53B
Q. Net Income: $347.80M
EPS: $1.723
Shares Out.: $201.80M

$8.00B in TTM revenue grew 14.2% YoY, reaching $1.88B last quarter. TTM EBITDA of $2.08B and TTM operating income of $1.91B show growth is flowing through to the bottom line. TTM net income of $1.53B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 83.3%
EBITDA Margin: 25.8%
Op. Margin: 23.6%
Net Margin: 18.5%

Op. margin of 23.6% is up 57.4% YoY — cost efficiency is improving. Net margin at 18.5% and gross margin of 83.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 170% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.3x
P/S Ratio: 2.9x
P/B Ratio: 33.8x

At 15.3x P/E, the stock trades within typical market levels. P/S of 2.9x and P/B of 33.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.69B
Cash: $974.70M
Long-Term Debt: $2.40B
Book Value: $692.10M
D/E Ratio: 3.5
Debt/EBITDA: 5.0

With $6.69B in assets and $2.40B in long-term debt, D/E is 3.5and book value is $692.10M — elevated leverage, meaning significant financial risk in a downturn. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $522.20M
TTM Free Cash Flow: $1.81B
FCF Margin: 22.6%
FCF / Net Income: 1.2

TTM FCF of $1.81B on $522.20M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.