TAPESTRY, INC. (TPR) closed fiscal year 2025 with a gross margin of 75.4 % and a net margin of 2.6 %.
TAPESTRY, INC. (TPR) closed fiscal year 2025 with a gross margin of 75.4 % and a net margin of 2.6 %. The same year shows an EBITDA margin of 9.1 % and an EBIT margin of 5.9 %. The free cash flow margin was 15.6 %. Against the previous year the gross margin moved +2.1 pp and the net margin −9.6 pp. Across the period the gross margin ranges between 65.3 % in 2020 and 75.7 % in 2008. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: June
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 75.68 % | 71.90 % | 73.00 % | 72.71 % | 72.77 % | 72.86 % | 68.60 % | 69.39 % | 67.93 % | 68.65 % | 65.45 % | 67.26 % | 65.29 % | 71.04 % | 69.57 % | 70.78 % | 73.29 % | 75.44 % |
| EBITDA margin (%) | 39.23 % | 33.89 % | 35.39 % | 34.39 % | 34.53 % | 33.25 % | 27.25 % | 20.48 % | 19.43 % | 22.42 % | 16.04 % | 18.09 % | 5.61 % | 20.68 % | 20.67 % | 20.97 % | 20.52 % | 9.13 % |
| EBIT margin (%) | 36.06 % | 30.09 % | 31.88 % | 31.38 % | 31.74 % | 30.04 % | 23.31 % | 14.74 % | 14.55 % | 17.54 % | 11.43 % | 13.60 % | -11.10 % | 16.85 % | 17.59 % | 17.60 % | 17.09 % | 5.92 % |
| Net margin (%) | 24.62 % | 19.30 % | 20.37 % | 21.18 % | 21.81 % | 20.38 % | 16.26 % | 9.60 % | 10.25 % | 13.17 % | 6.76 % | 10.68 % | -13.14 % | 14.52 % | 12.81 % | 14.05 % | 12.23 % | 2.61 % |
| FCF margin (%) | 23.54 % | 20.81 % | 25.22 % | 21.29 % | 21.78 % | 23.10 % | 15.93 % | 17.61 % | 8.06 % | 12.72 % | 12.42 % | 8.60 % | 4.06 % | 21.02 % | 11.36 % | 11.88 % | 17.19 % | 15.60 % |