Tapestry Inc (TPR)
Net profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 183,200 | 816,000 | 936,000 | 856,300 | 834,200 |
| Revenue | US$ in thousands | 7,010,700 | 6,671,200 | 6,660,900 | 6,684,500 | 5,746,300 |
| Net profit margin | 2.61% | 12.23% | 14.05% | 12.81% | 14.52% |
June 30, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $183,200K ÷ $7,010,700K
= 2.61%
The net profit margin of Tapestry Inc. demonstrates variability over the period from June 30, 2021, to June 30, 2025. Specifically, the margin was 14.52% as of June 30, 2021, indicating a relatively robust profit relative to revenue during that fiscal year. By June 30, 2022, the margin declined to 12.81%, reflecting a slight decrease in profitability, which persisted into June 30, 2023, with a marginal recovery to 14.05%. However, the trend reversed in the subsequent year, with the net profit margin decreasing again to 12.23% by June 30, 2024. The most notable change occurred between June 2024 and June 2025, when the margin sharply declined to 2.61%, a significant reduction that suggests a substantial deterioration in net profitability. This downward trend, especially the steep decline in the latest year, may indicate increased costs, reduced revenues, or other operational challenges impacting overall net income relative to sales.
Peer comparison
Jun 30, 2025