TPR (Tapestry) EBIT: $896 Mil (TTM As of Mar. 2026)


TPR Tapestry Inc TPR
77 GF Score
Price $150.21
GF Value $76.74
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tapestry EBIT?

Tapestry TPR -0.21% 77 EBIT is $896 Mil as of Mar. 2026. GuruFocus rates TPR with a GF Score™ of 77/100 and a GF Value™ of $76.74 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tapestry's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $429 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $896 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tapestry's annualized ROC % for the quarter that ended in Mar. 2026 was 34.04%. Tapestry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tapestry's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.70%.


Tapestry  (NYSE:TPR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tapestry's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1710 * ( 1 - 17.36% )/( (4071.2 + 4232.4)/ 2 )
=1413.144/4151.8
=34.04 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tapestry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1716.4/( ( (1874.9 + max(96, 0)) + (1877.5 + max(222.1, 0)) )/ 2 )
=1716.4/( ( 1970.9 + 2099.6 )/ 2 )
=1716.4/2035.25
=84.33 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(338 + 896.4 + 247.2) - (1385.6 + 0 + 0)
=96

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(305 + 843.9 + 238.9) - (1165.7 + 0 + 0)
=222.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tapestry's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=895.9/33203.535
=2.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tapestry EBIT Related Terms


Tapestry EBIT Historical Data

* Premium members only.

The historical data trend for Tapestry's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tapestry EBIT Chart

Tapestry Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 968.70 1,105.70 1,170.70 1,136.90 301.50

Tapestry Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 254.50 -579.20 331.50 714.50 429.10

TPR vs SIG, CPRI, REAL: EBIT Comparison

For the Luxury Goods subindustry, Tapestry's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tapestry EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tapestry's EV-to-EBIT falls into.


TPR
77GF Score
Tapestry Inc TPR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tapestry EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $896 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $896 Mil mean?
Tapestry (TPR) has a EBIT of $896 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tapestry.
Is Tapestry's EBIT too high?
Tapestry's current EBIT is $896 Mil. Overall, Tapestry has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tapestry's EBIT compare to SIG and CPRI?
Tapestry's EBIT of $896 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tapestry. Tapestry's current EBIT is $896 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapestry stock overvalued right now?
Based on GuruFocus' analysis, Tapestry (TPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $76.74, compared to a current price of $150.21 — trading 95.7% above its estimated fair value. The current EBIT is $896 Mil. Tapestry's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tapestry (TPR), the current EBIT is $896 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tapestry (TPR) Overvalued in 2026?

Based on GuruFocus' analysis, Tapestry stock appears to be overvalued. The current stock price of $150.21 is trading 95.7% above its estimated GF Value™ of $76.74. GuruFocus considers Tapestry to be Significantly Overvalued.

Key valuation signals for TPR:

  • EBIT: $896 Mil
  • GF Value™: $76.74 vs. price of $150.21 (95.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tapestry Business Description

Address 10 Hudson Yards, New York, NY, USA, 10001
Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounted for 80% of its revenue and well over 90% of its operating profit in fiscal 2025. Handbags accounted for 58% of the brand's fiscal 2025 revenue. Coach products are sold through more than 950 company-owned stores, company-operated digital channels, and wholesale partners in North America, Asia, and Europe. Tapestry also owns Kate Spade (17% of fiscal 2025 revenue), which operates about 335 worldwide stores and generated 52% of its sales from handbags in fiscal 2025. Kate Spade is known for its colorful patterns and graphics. Tapestry sold its smallest brand, luxury footwear maker Stuart Weitzman, to Caleres in August 2025.
77GF Score

Get the complete analysis for TPR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$150.21
Price
$76.74
GF Value