Tapestry, Inc. (TPR) Key Metrics
TPR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $23.85B
- Enterprise value
- $24.84B
- P/E (TTM)
- 16.5 10-yr median 14.8
- Forward P/E
- 14.2
- PEG ratio
- 1.61
- Price / sales
- 3.0 10-yr median 1.8
- Price / book
- 32.4 10-yr median 4.0
- EV / EBITDA
- 11.6 10-yr median 11.6
- Dividend yield
- 1.54% $1.85 a year
- Beta
- 1.43
TPR key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsTPR valuation Price multiples at each fiscal year-end price.
TPR returns How much profit the business earns on the capital it uses.
TPR per-share figures Results divided by the shares outstanding at year-end.
TPR financial health Debt, liquidity and how easily interest is covered.
TPR efficiency & capital use Working capital cycle and where the cash goes.
TPR valuation history
TPR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TPR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TPR cash returned to shareholders
TPR price vs earnings per share
TPR key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $30.77B | $19.54B | $9.98B | $10.33B | $8.24B | $12.30B | $3.70B | $9.23B | $13.48B | $13.39B |
| Enterprise value | $33.57B | $22.32B | $11.54B | $12.88B | $10.55B | $13.73B | $6.75B | $9.60B | $13.83B | $11.88B |
| P/E ratio | 20.1 | 106.6 | 12.2 | 11.0 | 9.6 | 14.8 | — | 14.3 | 33.9 | 22.7 |
| Price / sales | 3.8 | 2.8 | 1.5 | 1.6 | 1.2 | 2.1 | 0.7 | 1.5 | 2.3 | 3.0 |
| Price / book | 44.5 | 22.8 | 3.4 | 4.5 | 3.6 | 3.8 | 1.6 | 2.6 | 4.2 | 4.5 |
| Price / free cash flow | 17.0 | 17.9 | 8.7 | 13.1 | 10.9 | 10.2 | 18.4 | 17.8 | 18.5 | 23.5 |
| Price / operating cash flow | 15.6 | 16.1 | 7.9 | 10.6 | 9.7 | 9.3 | 9.1 | 11.7 | 13.5 | 15.7 |
| EV / sales | 4.2 | 3.2 | 1.7 | 1.9 | 1.6 | 2.4 | 1.4 | 1.6 | 2.4 | 2.6 |
| EV / EBITDA | 15.7 | 42.4 | 8.4 | 9.2 | 8.0 | 11.6 | — | 8.9 | 14.9 | 11.9 |
| EV / free cash flow | 18.5 | 20.4 | 10.1 | 16.3 | 13.9 | 11.4 | 33.5 | 18.5 | 19.0 | 20.8 |
| Earnings yield | 5.0% | 0.9% | 8.2% | 9.1% | 10.4% | 6.8% | −17.6% | 7.0% | 2.9% | 4.4% |
| Free cash flow yield | 5.9% | 5.6% | 11.5% | 7.7% | 9.2% | 9.8% | 5.4% | 5.6% | 5.4% | 4.3% |
| Dividend yield | 1.1% | 1.5% | 3.2% | 2.7% | 3.2% | 0.4% | 10.3% | 4.2% | 2.8% | 2.8% |
| Shareholder yield (dividends + buybacks) | 6.1% | 11.9% | 3.5% | 9.6% | 22.6% | 0.5% | 18.4% | 5.3% | 3.1% | 3.0% |
| Share price at fiscal year-end | $146.38 | $87.81 | $42.79 | $42.80 | $30.52 | $43.48 | $13.28 | $31.73 | $46.71 | $47.34 |
| Per share | ||||||||||
| Revenue per share | $38.08 | $31.51 | $28.61 | $27.60 | $24.75 | $20.30 | $17.81 | $20.73 | $20.37 | $15.87 |
| Earnings per share | $7.27 | $0.82 | $3.50 | $3.88 | $3.17 | $2.95 | −$2.34 | $2.21 | $1.38 | $2.09 |
| Operating cash flow per share | $9.41 | $5.47 | $5.38 | $4.04 | $3.16 | $4.68 | $1.46 | $2.72 | $3.45 | $3.02 |
| Free cash flow per share | $8.62 | $4.92 | $4.92 | $3.28 | $2.81 | $4.27 | $0.72 | $1.78 | $2.53 | $2.02 |
| Cash per share | $5.48 | $5.03 | $30.89 | $3.07 | $3.53 | $7.12 | $5.15 | $4.24 | $4.33 | $10.90 |
| Book value per share | $3.29 | $3.86 | $12.42 | $9.44 | $8.46 | $11.52 | $8.17 | $12.08 | $11.24 | $10.61 |
| Tangible book value per share | −$4.67 | −$3.80 | $1.45 | −$1.28 | −$1.19 | $2.08 | −$1.45 | $0.98 | $0.09 | $7.71 |
| Dividends per share | $1.55 | $1.35 | $1.38 | $1.17 | $0.98 | $0.19 | $1.37 | $1.34 | $1.33 | $1.34 |
| Capex per share | $0.79 | $0.55 | $0.47 | $0.76 | $0.35 | $0.41 | $0.74 | $0.94 | $0.93 | $1.00 |
| Debt per share | $18.81 | $17.52 | $37.58 | $13.64 | $12.07 | $12.14 | $16.11 | $5.51 | $5.55 | $5.59 |
| Shares outstanding | 210.2M | 222.5M | 233.2M | 241.3M | 270.1M | 283.0M | 278.6M | 290.8M | 288.6M | 282.8M |
| Change in shares outstanding | −5.5% | −4.6% | −3.4% | −10.7% | −4.6% | +1.6% | −4.2% | +0.8% | +2.1% | +1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 197.1% | 9.8% | 31.5% | 41.0% | 30.9% | 30.1% | −22.5% | 19.0% | 12.7% | 20.8% |
| Return on invested capital (ROIC) | 44.1% | 8.7% | 19.8% | 20.4% | 20.7% | 18.0% | −9.4% | 18.4% | 17.5% | 32.8% |
| Return on assets (ROA) | 23.0% | 1.8% | 8.0% | 13.0% | 10.9% | 10.2% | −8.8% | 9.5% | 6.4% | 11.0% |
| Return on tangible assets | 30.4% | 3.8% | 7.5% | 20.7% | 18.4% | 14.6% | −12.4% | 17.6% | 11.5% | 11.8% |
| Free cash flow margin | 22.6% | 15.6% | 17.2% | 11.9% | 11.4% | 21.0% | 4.1% | 8.6% | 12.4% | 12.7% |
| Income quality (OCF / net income) | 1.30 | 6.64 | 1.54 | 1.04 | 1.00 | 1.59 | — | 1.23 | 2.51 | 1.44 |
| Financial health | ||||||||||
| Total debt | $3.95B | $3.90B | $8.76B | $3.29B | $3.26B | $3.44B | $4.49B | $1.60B | $1.60B | $1.58B |
| Cash & short-term investments | $1.15B | $1.12B | $7.20B | $741.5M | $953.2M | $2.02B | $1.43B | $1.23B | $1.25B | $3.08B |
| Net debt | $2.80B | $2.78B | $1.56B | $2.55B | $2.31B | $1.42B | $3.05B | $368.9M | $350.7M | −$1.50B |
| Debt / equity | 5.71 | 4.55 | 3.03 | 1.45 | 1.43 | 1.05 | 1.97 | 0.46 | 0.49 | 0.53 |
| Debt / assets | 0.59 | 0.59 | 0.65 | 0.46 | 0.45 | 0.41 | 0.57 | 0.23 | 0.24 | 0.27 |
| Net debt / EBITDA | 1.31 | 5.28 | 1.14 | 1.83 | 1.76 | 1.20 | — | 0.34 | 0.38 | −1.50 |
| Current ratio | 1.75 | 1.87 | 5.14 | 1.84 | 1.75 | 2.37 | 1.47 | 2.79 | 2.59 | 5.24 |
| Quick ratio | 1.25 | 1.31 | 4.66 | 1.12 | 1.08 | 1.85 | 1.04 | 1.94 | 1.87 | 4.62 |
| Interest coverage | 34.7 | 4.9 | 9.1 | 42.5 | 20.0 | 13.6 | -9.2 | 17.1 | 9.1 | 27.7 |
| Working capital | $1.24B | $1.35B | $7.09B | $1.08B | $1.10B | $1.95B | $811.0M | $1.64B | $1.49B | $3.20B |
| Invested capital | $3.49B | $3.64B | $4.46B | $4.83B | $4.59B | $4.68B | $5.33B | $3.88B | $3.60B | $1.50B |
| Tangible asset value | −$982.1M | −$845.1M | $339.2M | −$309.8M | −$322.6M | $588.6M | −$404.1M | $285.3M | $27.4M | $2.18B |
| Net current asset value | −$3.12B | −$2.82B | −$1.70B | −$2.48B | −$2.41B | −$1.75B | −$3.09B | −$807.1M | −$1.00B | $1.12B |
| Graham number | $23.20 | $8.45 | $31.27 | $28.70 | $24.57 | $27.64 | — | $24.52 | $18.67 | $22.34 |
| Graham net-net per share | −$19.29 | −$17.01 | −$10.87 | −$13.70 | −$11.76 | −$8.48 | −$13.16 | −$5.07 | −$5.58 | $2.55 |
| Capital allocation | ||||||||||
| Dividends paid | $326.1M | $299.3M | $321.4M | $283.3M | $264.4M | $53.7M | $380.3M | $390.7M | $384.1M | $378.0M |
| Share buybacks (net) | $1.55B | $2.02B | $32.7M | $703.5M | $1.60B | $7.5M | $300.0M | $100.0M | $31.5M | $21.5M |
| Dividend payout ratio | 21.3% | 163.4% | 39.4% | 30.3% | 30.9% | 6.4% | — | 60.7% | 96.6% | 64.0% |
| Dividends + buybacks / free cash flow | 103.8% | 211.9% | 30.9% | 124.8% | 245.5% | 5.1% | 337.5% | 94.8% | 57.0% | 70.0% |
| Capex / revenue | 2.1% | 1.8% | 1.6% | 2.8% | 1.4% | 2.0% | 4.1% | 4.5% | 4.5% | 6.3% |
| Capex / operating cash flow | 8.4% | 10.1% | 8.7% | 18.9% | 11.0% | 8.8% | 50.5% | 34.6% | 26.8% | 33.2% |
| Capex / depreciation | 0.76 | 0.55 | 0.48 | 1.01 | 0.48 | 0.53 | 0.83 | 1.02 | 1.03 | 1.33 |
| Stock-based compensation / revenue | 1.3% | 1.2% | 1.3% | 1.2% | 1.1% | 1.1% | 1.1% | 1.4% | 1.4% | 1.6% |
| SG&A / revenue | 53.9% | 57.3% | 54.5% | 53.2% | 52.0% | 54.2% | 76.4% | 53.8% | 54.1% | 51.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 23.3 | 25.5 | 24.8 | 25.0 | 25.2 | 22.0 | 21.8 | 20.2 | 19.4 | 22.6 |
| Days of inventory on hand | 173.4 | 178.7 | 178.7 | 179.5 | 155.1 | 161.4 | 160.6 | 134.3 | 103.0 | 120.5 |
| Days payables outstanding | 106.8 | 96.3 | 89.0 | 87.9 | 86.7 | 63.2 | 39.7 | 47.0 | 41.3 | 49.5 |
| Cash conversion cycle (days) | 90.0 | 107.9 | 114.5 | 116.5 | 93.7 | 120.3 | 142.7 | 107.5 | 81.0 | 93.6 |
| Receivables turnover | 15.65 | 14.29 | 14.71 | 14.61 | 14.46 | 16.56 | 16.73 | 18.05 | 18.86 | 16.18 |
| Payables turnover | 3.42 | 3.79 | 4.10 | 4.15 | 4.21 | 5.78 | 9.20 | 7.77 | 8.83 | 7.38 |
| Inventory turnover | 2.10 | 2.04 | 2.04 | 2.03 | 2.35 | 2.26 | 2.27 | 2.72 | 3.54 | 3.03 |
| Asset turnover | 1.21 | 0.70 | 0.65 | 0.93 | 0.85 | 0.70 | 0.67 | 0.89 | 0.94 | 0.84 |
| Average receivables | $511.5M | $490.5M | $453.5M | $456.1M | $462.1M | $347.1M | $296.6M | $334.0M | $311.8M | $277.4M |
| Average payables | $519.2M | $454.1M | $434.6M | $468.8M | $482.9M | $288.0M | $187.2M | $253.9M | $229.4M | $190.7M |
| Average inventory | $843.5M | $842.8M | $872.1M | $956.9M | $864.5M | $735.9M | $757.6M | $726.0M | $571.8M | $464.4M |
| Intangibles / total assets | 25.0% | 25.9% | 19.1% | 36.4% | 35.9% | 31.9% | 33.8% | 46.9% | 48.2% | 14.1% |
Computed from TPR's annual financial statements (latest annual report filed August 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TPR valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Tapestry traded at 20.1 times earnings, against a 10-year median of 14.8. Based on the latest twelve months, the trailing P/E is 16.5 and the forward P/E is 14.2. Tapestry earned a return on equity of 197.1% and a return on invested capital of 44.1% in fiscal 2026. It ended the year with $4.0 billion of debt and $1.2 billion in cash and short-term investments, net debt of $2.8 billion. It returned $1.9 billion to shareholders: $326.1 million in dividends and $1.6 billion in share buybacks, 104% of free cash flow. The share count fell 25.7% from 282.8M to 210.2M over 9 years.
See the TPR income statement, the TPR chart for price history, or the TPR stock overview for the latest quote and news.
TPR key metrics FAQ
What is Tapestry's P/E ratio?
Tapestry's trailing P/E ratio is 16.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.2. At the end of fiscal 2026 it was 20.1, compared with a 10-year median of 14.8.
What is Tapestry's EV/EBITDA?
Tapestry's enterprise value was 15.7 times EBITDA at the end of fiscal 2026 (enterprise value $33.6 billion, EBITDA $2.1 billion); the current EV/EBITDA is 11.6.
What is Tapestry's return on equity?
Tapestry's return on equity (ROE) was 197.1% in fiscal 2026: net income of $1.5 billion on average shareholders' equity of $775.0 million. ROE is high partly because years of buybacks have reduced equity on the balance sheet.
What is Tapestry's ROIC?
Tapestry's return on invested capital was 44.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Tapestry have?
Tapestry had total debt of $4.0 billion at the end of fiscal 2026, a debt-to-equity ratio of 5.71 and $2.8 billion of net debt (1.31 times EBITDA).
What is Tapestry's dividend yield?
Tapestry's forward dividend yield is 1.54%. Tapestry paid $326.1 million in dividends in fiscal 2026 ($1.55 per share), a payout ratio of 21.3%.
Does Tapestry buy back its shares?
Yes. Tapestry spent $1.6 billion on net share repurchases in fiscal 2026 Shares outstanding changed −5.5% over the year, to 210.2M..
What is Tapestry's free cash flow yield?
Tapestry generated $1.8 billion of free cash flow in fiscal 2026, a free cash flow yield of 5.9% on its market value at year-end ($30.8 billion).
What is Tapestry's current ratio?
Tapestry's current ratio was 1.75 at the end of fiscal 2026: current assets were 1.75 times current liabilities.