FirmAtlas
Company handbook · TPR · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
TPR · CIK 1116132 · LATEST FILING: 10-K FY26 · FILED AUG 13, 2026
Tapestry, Inc.
$120.18
+0.43 (+0.36%)
Close, Oct 16, 2026 · 52-week $93–165
Last fiscal year
Tapestry, Inc. reported revenue of $8.0B for the year ended Jun 27, 2026 (FY26), up 14.2% from FY25. Net income was $1.5B, operating cash flow $2.0B and free cash flow $1.8B. Source: 10-K filed Aug 13, 2026.
Market cap
$24.1B
P/E
15.8
EV/EBITDA
12.2x
P/B
34.8
Div yield
1.38%
ROIC
77.6%
Revenue 1Y
14.2%/yr
EPS 1Y
786.6%/yr
Shares 1Y
−4%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOJoanne Crevoiserat
HQNew York, NY
AuditorDeloitte & Touche LLP
Employees20,600
Year endsJune
Revenue by segment · FY26
Coach86%
Kate Spade Company13%
Stuart Weitzman0%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
12.9%
25.1%
61.9%
3.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY25–FY26
$4.2B deployed
Capex
$289M
6.9%
Dividends
$625M
14.9%
Buybacks
$3.3B
78.2%
Operating cash flow over the period: $3.2B. Total debt changed by −$16M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
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Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jun 27, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Income
Revenue
7,011
8,004+14.2%
YoY
+14.2%
Gross profit
5,289
6,229+17.8%
Gross margin
75.4%
77.8%+2.4 pp
Operating income
415
1,914+361.3%
Operating margin
5.9%
23.9%+18.0 pp
EBITDA
578
2,075+259.1%
EBITDA margin
8.2%
25.9%+17.7 pp
Interest expense
271
119−56.0%
Interest coverage
2.13x
17.39x+15.26x
Net income
183
1,528+733.9%
YoY
+733.9%
Net margin
2.6%
19.1%+16.5 pp
EPS (diluted, $)
0.82
7.27+786.6%
YoY
+786.6%
Balance sheet
Total assets
6,580
6,692+1.7%
Cash & short-term investments
1,120
1,152+2.9%
Accounts receivable
239
237−0.9%
Inventory
861
826−4.0%
Net PP&E
490
502+2.6%
Other assets
3,871
3,974+2.7%
Total liabilities
5,723
6,000+4.8%
Accounts payable
456
582+27.7%
Total debt
2,395
2,379−0.7%
Other liabilities
2,872
3,038+5.8%
Shareholders’ equity
858
692−19.3%
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,217
1,978+62.6%
Net income
183
1,528+733.9%
Depreciation & amortization
163
161−1.3%
Stock-based compensation
87
104+19.7%
Working capital & other
783
186−76.3%
Cash from investing
914
(218)−123.9%
Capex
(123)
(166)n/m
Investments bought
(1,886)
(163)n/m
Investments sold / matured
2,923
2−99.9%
Other investing
0.0
109+47982687436144528.0%
Cash from financing
(7,175)
(1,861)n/m
Debt raised
2,248
0−100.0%
Debt repaid
(7,163)
0n/m
Dividends
(299)
(326)n/m
Buybacks
(1,719)
(1,555)n/m
Other financing
(242)
20n/m
Net change in cash
(5,042)
(125)n/m
Free cash flow (OCF − capex)
1,094
1,812+65.7%
Where the cash went
Operating cash flow
1,217
1,978+62.6%
Reinvested in the business
123
166+35.3%
% of operating cash flow
10.1%
8.4%
Capex
123
166+35.3%
Free cash flow
1,094
1,812+65.7%
YoY
+65.7%
Returned to shareholders
2,018
1,881−6.8%
% of free cash flow
184.5%
103.8%
Dividends
299
326+9.0%
Buybacks
1,719
1,555−9.5%
Change in total debt
—
(16)
Cash left over
—
(84)
FCF conversion (FCF ÷ net income)
597.1%
118.6%−478.5 pp
Owner earnings
—
1,685
Owner earnings margin
—
21.1%
Buyback yield
9.5%
5.3%−4.2 pp
Returns & ratios
ROIC (all capital)
16.5%
77.6%+61.1 pp
ROIC (operating)
31.0%
148.5%+117.5 pp
Net debt / EBITDA
2.21x
0.59x−1.61x
Debt / equity
2.79x
3.44x+0.65x
Cash conversion cycle (days)
98
61−37 d
ROE
21.4%
220.7%+199.4 pp
ROA
2.8%
22.8%+20.0 pp
ROCE
8.3%
37.9%+29.7 pp
NOPAT
352
1,572+346.8%
Invested capital (operating)
1,133
983−13.3%
Invested capital (all)
2,133
1,919−10.0%
Reinvestment rate
—
−9.6%
Debtor days
12
11−2 d
Inventory days
182
170−13 d
Days payable
97
120+23 d
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,705
2,502
1,921
1,877
vs year-ago quarter
Gross profit
1,300
1,888
1,476
1,564
Gross margin
76.3%
75.5%
76.9%
83.3%
Operating income
328
716
428
442
Net income
275
561
344
348
vs year-ago quarter
Net margin
16.1%
22.4%
17.9%
18.5%
EPS (diluted, $)
1.28
2.68
1.65
1.74
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
6,363
6,531
6,467
6,692
Cash & equivalents
720
1,053
1,046
1,152
Total debt
2,635
2,396
2,377
2,379
Shareholders’ equity
400
551
682
692
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
113
1,081
263
522
Capex
32
44
37
53
Free cash flow
80
1,038
226
469
vs year-ago quarter