Tapestry (TPR) stock
Consumer Discretionary · Apparel, Accessories & Luxury Goods
Tapestry (TPR) is an Apparel, Accessories & Luxury Goods company in the Consumer Discretionary sector, headquartered in New York City, New York. As of October 23, 2026, TPR closed at $110.37, a market capitalization of $21.90 billion, the 389th largest company in the S&P 500. Over the last twelve months it generated $8.00 billion in revenue (+9% year over year) and $1.81 billion in free cash flow. The stock trades at 15.2x trailing earnings and 12.4x forward earnings.
- 1-year total return: -2.7% (dividends reinvested)
- 5-year return: +26.5% a year
- 52-week range: $93.00 – $164.80
- Gross margin 76.6%, operating margin 19.8%
- Dividend yield: 1.68%, 4 straight years of increases
- FI Handbook report card: B across 10 metrics
- 34th largest of 47 Consumer Discretionary stocks in the S&P 500
TPR price chart
1Y price change: -3.9% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TPR | -0.1% | -12.8% | -2.7% | +61.7% | +26.5% | +15.0% | +17.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2000.
TPR key statistics
- Market cap
- $21.9B
- #389 in S&P 500
- P/E (TTM)
- 15.2x
- Forward P/E
- 12.4x
- EPS (TTM)
- $7.27
- Revenue (TTM)
- $8.0B
- +9%
- Free cash flow
- $1.8B
- Gross margin
- 76.6%
- Operating margin
- 19.8%
- Return on equity
- 197.1%
- Dividend yield
- 1.68%
- 52-week range
- $93.00 – $164.80
- Beta
- 1.43
- Price / sales
- 2.7x
- EV / EBITDA
- 12.3x
- Debt / equity
- 5.72x
- Employees
- 12,600
TPR report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth8.9%C
- Gross margin76.6%A
- Operating margin19.8%C
- FCF margin22.6%B
- Return on equity197.1%A
- Net debt / EBITDA1.4xC
- Forward P/E12.4xA
- PEG ratio1.6xC
- Shareholder yield8.8%A
- Share count change / yr-5.8%A
Tapestry financials
Revenue went from $4.5B in fiscal 2017 to $8.0B in fiscal 2026, growing 6.6% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.9B | $6.0B | $5.0B | $5.7B | $6.7B | $6.7B | $6.7B | $7.0B | $8.0B |
| Gross profit | $3.1B | $3.8B | $4.1B | $3.2B | $4.1B | $4.7B | $4.7B | $4.9B | $5.3B | $6.2B |
| Operating income | $787.4M | $672.0M | $819.7M | -$550.8M | $968.0M | $1.2B | $1.2B | $1.1B | $415.0M | $1.9B |
| Net income | $591.0M | $397.5M | $643.4M | -$652.1M | $834.2M | $856.3M | $936.0M | $816.0M | $183.2M | $1.5B |
| EPS (diluted) | $2.09 | $1.38 | $2.21 | $-2.34 | $2.95 | $3.17 | $3.88 | $3.50 | $0.82 | $7.27 |
| Free cash flow | $570.7M | $730.1M | $518.2M | $201.6M | $1.2B | $759.3M | $791.0M | $1.1B | $1.1B | $1.8B |
| Buybacks | $0 | $0 | $100.0M | $300.0M | $0 | $1.6B | $703.5M | $0 | $1.7B | $1.6B |
| Dividends paid | $378.0M | $384.1M | $390.7M | $380.3M | $0 | $264.4M | $283.3M | $321.4M | $299.3M | $326.1M |
| Diluted shares | 282.8M | 288.6M | 290.8M | 278.6M | 283.0M | 270.1M | 241.3M | 233.2M | 222.5M | 210.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into TPR?
A reverse DCF asks what growth the current price requires. With an enterprise value of $24.7B and $1.8B of trailing free cash flow, Tapestry needs to grow free cash flow about 1.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 8.5% a year over the last five years.
P/E ratio history
Current 15.2x vs. median 17.0x (10th–90th percentile 9.8x–28.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
TPR dividend
- Dividend yield
- 1.68%
- Annual dividend
- $1.85
- Years of increases
- 4
- 5-yr dividend growth
- 34.7%
- per year
- Payout ratio
- 22%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
TPR analyst price targets
19 analysts' average 12-month target is $162.32 (+47% vs. $110.37). Targets range from $96.00 to $211.00. 76% rate it a buy.
TPR earnings
Next report: November 5, 2026. Tapestry has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $1.9B (+9% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 13, 2026 | $1.28 | $1.32 | +3.4% |
| May 7, 2026 | $1.30 | $1.66 | +27.8% |
| Feb 5, 2026 | $2.23 | $2.69 | +20.7% |
| Nov 6, 2025 | $1.27 | $1.38 | +8.9% |
| Aug 14, 2025 | $1.02 | $1.04 | +2.1% |
| May 8, 2025 | $0.88 | $1.03 | +17.1% |
| Feb 6, 2025 | $1.75 | $2.00 | +14.4% |
| Aug 15, 2024 | $0.88 | $0.92 | +4.5% |
Stocks like TPR
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
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 TSLA Tesla | -0.63% | -17% | $1.5T | 409.0x | Compare |
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TPR news
- Tapestry Fiscal Q1 Results Unlikely to Shift Sentiment as Coach Trends Slow, UBS Says · Oct 20, 2026
- Wall Street Analysts Believe Tapestry (TPR) Could Rally 37.21%: Here's is How to Trade · Oct 19, 2026
- How Kate Spade CEO Eva Erdmann Is Using the Brand's Heritage to Target Gen Z · Oct 11, 2026
- Is Tapestry (TPR) Undervalued As Its Share Price Cools? · Oct 9, 2026
- Tapestry (TPR) Stock Could Be A Bargain After Its 352% Run · Oct 9, 2026
TPR stock FAQ
What is TPR's market cap?
Tapestry's market capitalization is $21.90 billion as of October 23, 2026, ranking 389th in the S&P 500.
What is TPR's P/E ratio?
TPR trades at a trailing price-to-earnings ratio of 15.2x and a forward P/E of 12.4x. Its median P/E over the period we track is 17.0x.
Does TPR pay a dividend?
Yes. Tapestry pays $1.85 per share a year, a 1.68% yield. It has raised its dividend 4 years in a row. Dividends grew 34.7% a year over the last five years.
How much has TPR stock returned?
Including reinvested dividends, TPR returned -2.7% over one year, +26.5% a year over five years, +15.0% a year over ten years through October 23, 2026.
Is TPR stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Tapestry must grow free cash flow about 1% a year for the next decade. Its free cash flow grew 8% 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 TPR price target?
19 analysts cover TPR with an average 12-month price target of $162.32, +47% from the current price. 76% of them rate it a buy.
When does TPR report earnings?
Tapestry is expected to report earnings on November 5, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Tapestry have?
Tapestry has about 12,600 full-time employees, or $635,254 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology