Tapestry Inc (TPR)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,140,100 | 1,172,400 | 1,175,800 | 968,000 | -550,800 |
| Revenue | US$ in thousands | 6,671,200 | 6,660,900 | 6,684,500 | 5,746,300 | 4,961,400 |
| Operating profit margin | 17.09% | 17.60% | 17.59% | 16.85% | -11.10% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,140,100K ÷ $6,671,200K
= 17.09%
Tapestry Inc's operating profit margin has shown relative stability over the past five years, with figures ranging from -11.10% in June 2020 to a peak of 17.60% in June 2023. The company's operating profit margin for the most recent fiscal year ending in June 2024 stands at 17.09%, indicating a slight decline compared to the prior year but remaining within a consistent range overall. This performance suggests that Tapestry has been effectively managing its operating expenses in relation to its revenue, maintaining healthy profitability levels over the period under review.
Peer comparison
Jun 30, 2024