Tapestry Inc (TPR)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 816,000 | 880,800 | 928,100 | 935,700 | 936,000 | 900,700 | 836,700 | 824,700 | 856,300 | 867,300 | 836,300 | 829,400 | 834,200 | 340,600 | -428,200 | -440,400 | -652,100 | -209,400 | 585,100 | 541,100 |
| Revenue (ttm) | US$ in thousands | 6,671,200 | 6,699,600 | 6,726,700 | 6,667,600 | 6,660,900 | 6,666,300 | 6,594,300 | 6,710,100 | 6,684,500 | 6,675,000 | 6,510,800 | 6,055,000 | 5,746,300 | 4,845,700 | 4,645,100 | 4,775,700 | 4,961,400 | 5,760,300 | 6,019,000 | 6,003,800 |
| Net profit margin | 12.23% | 13.15% | 13.80% | 14.03% | 14.05% | 13.51% | 12.69% | 12.29% | 12.81% | 12.99% | 12.84% | 13.70% | 14.52% | 7.03% | -9.22% | -9.22% | -13.14% | -3.64% | 9.72% | 9.01% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $816,000K ÷ $6,671,200K
= 12.23%
The net profit margin of Tapestry Inc has shown variability over the past few quarters. In the latest period ending June 30, 2024, the net profit margin was 12.23%, which is a slight decrease compared to the previous quarter. Despite the decrease, the company has maintained a relatively stable net profit margin above 10% for the past several quarters.
It is worth noting that the net profit margin was significantly lower in the second half of 2020, with negative margins reported in March and September 2020. However, the company managed to improve its profitability significantly in the subsequent periods.
Overall, Tapestry Inc's net profit margin indicates the company's ability to generate net income from its revenue, with the recent margins reflecting a reasonable level of profitability. Continued monitoring of the net profit margin will be important to assess the company's financial performance and efficiency in managing costs.
Peer comparison
Jun 30, 2024