Tapestry Inc (TPR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,011,900 | 1,077,900 | 1,131,600 | 1,145,400 | 1,143,100 | 1,104,800 | 1,033,300 | 1,006,500 | 1,047,000 | 1,060,700 | 1,004,400 | 988,600 | 897,300 | 354,300 | -446,100 | -465,400 | -624,200 | -164,500 | 635,700 | 648,200 |
| 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 |
| Pretax margin | 15.17% | 16.09% | 16.82% | 17.18% | 17.16% | 16.57% | 15.67% | 15.00% | 15.66% | 15.89% | 15.43% | 16.33% | 15.62% | 7.31% | -9.60% | -9.75% | -12.58% | -2.86% | 10.56% | 10.80% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,011,900K ÷ $6,671,200K
= 15.17%
The pretax margin of Tapestry Inc has shown fluctuations over the past several quarters, ranging from negative figures to positive percentages. The company experienced a significant improvement in pretax margin in the most recent quarter, reaching 15.17%. This uptick followed a downward trend in the preceding quarters, where the pretax margin was notably impacted by external factors. It is essential for Tapestry Inc to monitor and manage its cost structure and revenue generation strategies to sustain and improve its pretax margin in the future.
Peer comparison
Jun 30, 2024