Company / Operating Margin
Tapestry, Inc. Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
17.1%
FY2024
5-year range
-11.1% / 17.6%
FY2020-FY2024
Trend
-2.9%
vs FY2023
Sector context
#39 of 195
Consumer Discretionary
What the data says
Tapestry, Inc.'s operating margin of 17.1% is higher than 80% of companies in the Consumer Discretionary sector (FY2024). Operating Margin has fluctuated over the past 9 years, ranging from -11.1% in FY2022 to 17.6% in FY2023.
Based on SEC 10-K filings.
17.1% in FY2024 with a 5-year CAGR of -0.5%. Top quartile in the Consumer Discretionary sector.
Improved from -11.1% to 17.1% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +3.5pp
- 5-Year Change
- -0.5pp
- 10-Year Change
- -
Sector benchmark
+376.6% above sector average
Key checks
Key Insights
- In FY2024, operating margin decreased 2.9% year-over-year.
- Currently 13.5pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.12 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 17.1% | -2.9% |
| FY2023 | 17.6% | +258.6% |
| FY2022 | -11.1% | -181.6% |
| FY2021 | 13.6% | +222.5% |
| FY2020 | -11.1% | -163.3% |
| FY2019 | 17.5% | +20.5% |
| FY2018 | 14.5% | -17.0% |
| FY2017 | 17.5% | +20.5% |
| FY2016 | 14.5% | -78.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026