Tapestry Inc (TPR)
Operating profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 415,000 | 1,140,100 | 1,172,400 | 1,175,800 | 968,000 |
| Revenue | US$ in thousands | 7,010,700 | 6,671,200 | 6,660,900 | 6,684,500 | 5,746,300 |
| Operating profit margin | 5.92% | 17.09% | 17.60% | 17.59% | 16.85% |
June 30, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $415,000K ÷ $7,010,700K
= 5.92%
The analysis of Tapestry Inc.'s operating profit margin over the specified periods reveals a relatively stable trend from June 30, 2021, to June 30, 2024. Specifically, the operating profit margin increased slightly from 16.85% in 2021 to 17.59% in 2022, indicating a marginal improvement in operational efficiency or profitability during that period. This slight upward trend persisted into 2023, reaching 17.60%, suggesting sustained operational performance. However, a notable decline is observed in the fiscal year ending June 30, 2024, with the margin decreasing to 17.09%, which may imply increased operating costs, pricing pressures, or other factors affecting profitability. The decline becomes more pronounced in the subsequent year, June 30, 2025, with the operating profit margin plunging to 5.92%. This significant reduction indicates a substantial deterioration in operating efficiency or profitability, potentially attributable to increased expenses, operational challenges, or external market pressures impacting margins. Overall, while Tapestry Inc. demonstrated steady and slightly improving operating profitability through 2023, a sharp decline in 2025 signals a concerning shift in operational profitability that warrants further detailed analysis of underlying causes.
Peer comparison
Jun 30, 2025