Tapestry Inc (TPR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,140,100 | 1,178,700 | 1,200,700 | 1,171,300 | 1,172,400 | 1,147,300 | 1,090,500 | 1,135,100 | 1,175,800 | 1,187,000 | 1,134,200 | 1,060,800 | 968,000 | 428,300 | -373,900 | -400,200 | -550,800 | -99,700 | 695,600 | 709,000 |
| 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 |
| Operating profit margin | 17.09% | 17.59% | 17.85% | 17.57% | 17.60% | 17.21% | 16.54% | 16.92% | 17.59% | 17.78% | 17.42% | 17.52% | 16.85% | 8.84% | -8.05% | -8.38% | -11.10% | -1.73% | 11.56% | 11.81% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,140,100K ÷ $6,671,200K
= 17.09%
Tapestry Inc's operating profit margin has been relatively stable over the past few quarters, ranging from around 16.54% to 17.85%. The company's operating profit margin peaked at 17.85% in December 2023 before experiencing a slight decline in subsequent quarters. Notably, there was a significant drop in the operating profit margin in March 2021 and December 2020 to negative figures, indicating that the company faced challenges during those periods.
Overall, the operating profit margin for Tapestry Inc has generally been in a positive range, reflecting the company's ability to generate profits from its core operations. However, fluctuations in the margin suggest that the company may be impacted by various factors such as operating expenses, pricing strategies, and economic conditions. Monitoring this metric over time can provide insights into the company's operational efficiency and profitability.
Peer comparison
Jun 30, 2024