Tapestry Inc (TPR)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 816,000 | 936,000 | 856,300 | 834,200 | -652,100 |
| Revenue | US$ in thousands | 6,671,200 | 6,660,900 | 6,684,500 | 5,746,300 | 4,961,400 |
| Net profit margin | 12.23% | 14.05% | 12.81% | 14.52% | -13.14% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $816,000K ÷ $6,671,200K
= 12.23%
The net profit margin for Tapestry Inc has shown fluctuations over the past five years. In the most recent period ending June 30, 2024, the net profit margin was 12.23%, representing the profitability of the company as a percentage of its total revenue. This figure was slightly lower compared to the prior year's net profit margin of 14.05%.
When looking at the trend over the five-year period, the net profit margin was relatively stable around the 12-14% range, indicating consistent profitability levels. It is noteworthy that in the fiscal year ending June 30, 2020, the company experienced a negative net profit margin of -13.14%, highlighting a period of financial difficulty or potentially one-time expenses impacting profitability.
Overall, while Tapestry Inc's net profit margin has fluctuated slightly over the past five years, it generally reflects the company's ability to generate profits from its operations relative to its sales, albeit with some variability.
Peer comparison
Jun 30, 2024