Ralph Lauren (RL) stock
Consumer Discretionary · Apparel, Accessories & Luxury Goods
Ralph Lauren (RL) is an Apparel, Accessories & Luxury Goods company in the Consumer Discretionary sector, headquartered in New York City, New York. As of October 23, 2026, RL closed at $377.40, a market capitalization of $22.49 billion, the 383rd largest company in the S&P 500. Over the last twelve months it generated $8.36 billion in revenue (+14% year over year) and $1.00 billion in free cash flow. The stock trades at 23.8x trailing earnings and 18.1x forward earnings.
- 1-year total return: +13.4% (dividends reinvested)
- 5-year return: +27.6% a year
- 52-week range: $306.55 – $421.60
- Gross margin 70.3%, operating margin 18.4%
- Dividend yield: 1.06%, 8 straight years of increases
- FI Handbook report card: B across 10 metrics
- 33rd largest of 47 Consumer Discretionary stocks in the S&P 500
RL price chart
1Y price change: +12.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| RL | +12.2% | +7.6% | +13.4% | +50.3% | +27.6% | +16.8% | +9.9% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1997.
RL key statistics
- Market cap
- $22.5B
- #383 in S&P 500
- P/E (TTM)
- 23.8x
- Forward P/E
- 18.1x
- EPS (TTM)
- $15.87
- Revenue (TTM)
- $8.4B
- +14%
- Free cash flow
- $1.0B
- Gross margin
- 70.3%
- Operating margin
- 18.4%
- Return on equity
- 37.5%
- Dividend yield
- 1.06%
- 52-week range
- $306.55 – $421.60
- Beta
- 1.35
- Price / sales
- 2.7x
- EV / EBITDA
- 14.8x
- Debt / equity
- 1.10x
- Employees
- 15,600
RL report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth14.0%B
- Gross margin70.3%A
- Operating margin18.4%C
- FCF margin12.0%C
- Return on equity37.5%A
- Net debt / EBITDA0.7xB
- Forward P/E18.1xB
- PEG ratio1.9xC
- Shareholder yield3.8%B
- Share count change / yr-3.3%A
Ralph Lauren financials
Revenue went from $6.7B in fiscal 2017 to $8.1B in fiscal 2026, growing 2.2% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.7B | $6.2B | $6.3B | $6.2B | $4.4B | $6.2B | $6.4B | $6.6B | $7.1B | $8.1B |
| Gross profit | $3.7B | $3.8B | $3.9B | $3.7B | $2.9B | $4.1B | $4.2B | $4.4B | $4.9B | $5.7B |
| Operating income | -$92.3M | $498.2M | $561.8M | $317.0M | -$43.6M | $798.4M | $704.2M | $756.4M | $932.1M | $1.2B |
| Net income | -$99.3M | $162.8M | $430.9M | $384.3M | -$121.1M | $600.1M | $522.7M | $646.3M | $742.9M | $941.1M |
| EPS (diluted) | $-1.20 | $1.97 | $5.27 | $4.98 | $-1.65 | $8.07 | $7.58 | $9.71 | $11.61 | $15.11 |
| Free cash flow | $668.6M | $813.5M | $586.1M | $484.3M | $273.1M | $549.0M | $193.5M | $904.9M | $1.0B | — |
| Buybacks | $215.2M | $17.1M | $502.6M | $694.8M | $37.7M | $492.6M | $488.6M | $449.7M | $480.9M | $623.8M |
| Dividends paid | $164.8M | $162.4M | $190.7M | $203.9M | $49.8M | $150.0M | $198.3M | $194.6M | $201.1M | $216.5M |
| Diluted shares | 82.7M | 82.5M | 81.7M | 77.2M | 73.5M | 74.3M | 69.0M | 66.5M | 64.0M | 62.3M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into RL?
A reverse DCF asks what growth the current price requires. With an enterprise value of $23.5B and $1.0B of trailing free cash flow, Ralph Lauren needs to grow free cash flow about 14.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 16.0% a year over the last five years.
P/E ratio history
Current 25.0x vs. median 20.5x (10th–90th percentile 14.0x–30.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
RL dividend
- Dividend yield
- 1.06%
- Annual dividend
- $4.00
- Years of increases
- 8
- 5-yr dividend growth
- 39.0%
- per year
- Payout ratio
- 24%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
RL analyst price targets
16 analysts' average 12-month target is $446.19 (+18% vs. $377.40). Targets range from $250.00 to $520.00. 89% rate it a buy.
RL earnings
Next report: November 5, 2026. Ralph Lauren has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $2.0B (+14% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 6, 2026 | $4.34 | $4.59 | +5.7% |
| May 21, 2026 | $2.54 | $2.80 | +10.1% |
| Feb 5, 2026 | $5.81 | $6.22 | +7.1% |
| Nov 6, 2025 | $3.45 | $3.79 | +9.9% |
| Aug 7, 2025 | $3.50 | $3.77 | +7.8% |
| May 22, 2025 | $2.04 | $2.27 | +11.3% |
| Feb 6, 2025 | $4.53 | $4.82 | +6.5% |
| Nov 7, 2024 | $2.42 | $2.54 | +5.2% |
Stocks like RL
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|---|---|---|---|---|---|
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RL news
- Ralph Lauren (RL) Declines More Than Market: Some Information for Investors · Oct 23, 2026
- Does Beating The Market Prove Ralph Lauren Is A Great Company? · Oct 23, 2026
- Is AI Expansion Altering The Investment Case For Ralph Lauren (RL)? · Oct 22, 2026
- Can AI-Driven Visibility Expand Ralph Lauren's Digital Reach? · Oct 21, 2026
- Will Ralph Lauren (RL) Beat Estimates Again in Its Next Earnings Report? · Oct 19, 2026
RL stock FAQ
What is RL's market cap?
Ralph Lauren's market capitalization is $22.49 billion as of October 23, 2026, ranking 383rd in the S&P 500.
What is RL's P/E ratio?
RL trades at a trailing price-to-earnings ratio of 23.8x and a forward P/E of 18.1x. Its median P/E over the period we track is 20.5x.
Does RL pay a dividend?
Yes. Ralph Lauren pays $4.00 per share a year, a 1.06% yield. It has raised its dividend 8 years in a row. Dividends grew 39.0% a year over the last five years.
How much has RL stock returned?
Including reinvested dividends, RL returned +13.4% over one year, +27.6% a year over five years, +16.8% a year over ten years through October 23, 2026.
Is RL stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Ralph Lauren must grow free cash flow about 15% a year for the next decade. Its free cash flow grew 16% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the RL price target?
16 analysts cover RL with an average 12-month price target of $446.19, +18% from the current price. 89% of them rate it a buy.
When does RL report earnings?
Ralph Lauren is expected to report earnings on November 5, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Ralph Lauren have?
Ralph Lauren has about 15,600 full-time employees, or $535,590 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology