TapestryTPR -0.21%77 Net Margin % is 17.90% as of Mar. 2026, which is 56% above its 10-year median of 11.46. 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. Among 1,128 Retail - Cyclical companies, Tapestry ranks better than 81.12% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Tapestry's Net Income for the
three
months ended in Mar. 2026 was $344 Mil. Tapestry's Revenue for the
three
months ended in Mar. 2026 was $1,921 Mil. Therefore, Tapestry's net margin for the quarter that ended in Mar. 2026 was 17.90%.
The historical rank and industry rank for Tapestry's Net Margin % or its related term are showing as below:
TPR'
s Net Margin % Range Over the Past 10 Years
Min: -13.14 Med: 11.46 Max: 14.52
Current: 8.44
TPR's Net Margin % is ranked better than 81.12% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.335
vs TPR: 8.44
Tapestry (NYSE:TPR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tapestry Net Margin % Related Terms
Tapestry Net Margin % Historical Data
* Premium members only.
The historical data trend for Tapestry's Net Margin % 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.
For the Luxury Goods subindustry, Tapestry's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tapestry's Net Margin % falls into.
* 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 (TPR) has a Net Margin % of 17.90% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tapestry and its competitors. This is 56% above median its historical median of 11.46. According to the industry distribution chart, Tapestry ranks #213 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 18.9%.
Is Tapestry's Net Margin % too high?
Tapestry's current Net Margin % of 17.90% is 56% above median its 10-year median of 11.46. The Retail - Cyclical industry median Net Margin % is 2.34. Tapestry's value of 17.90% is 666.6% above this industry median. Based on the distribution chart, Tapestry ranks #213 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to SIG and CPRI?
According to the Retail - Cyclical industry distribution chart, Tapestry ranks #213 out of 1128 companies for Net Margin %. This places Tapestry in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.34. Tapestry's value of 17.90% is 666.6% above this benchmark. While the company's 10-year median is 11.46 vs. the industry median of 2.34, Tapestry has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tapestry's current Net Margin % of 17.90% is 666.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tapestry and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tapestry's current Net Margin % is 17.90%, which is 56% above median its own 10-year median of 11.46. 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 Net Margin % is 17.90%, which is 56% above median its 10-year median of 11.46 and 666.6% above the Retail - Cyclical industry median of 2.34. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tapestry (TPR), the current Net Margin % is 17.90% 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:
Net Margin %: 17.90% (56% above median its 10-year median of 11.46)
GF Value™: $76.74 vs. price of $150.21 (95.7% above fair value)
Industry Position: 666.6% above the Retail - Cyclical median (#213 of 1128)
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.
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
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