RLNYSEMen's & Boys' Furnishgs, Work Clothg, & Allied GarmentsFiscal year ends March 28
RALPH LAUREN CORP
Financials through Q1 FY2027, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 6, 2026
$381.77−3.73 (-0.97%)
Close on Oct 19, 2026
- Market cap
- $23.40B
- P/E (TTM)
- 24.1
- Dividend yield
- 0.96%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
69.9%+4.8 pts over 5 years
Operating margin
14.5%+15.5 pts over 5 years
Net margin
11.6%+14.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.6% | +8.0% | +13.0% | +0.9% | |
| Gross profit | +16.8% | +10.8% | +14.7% | +3.1% | |
| Operating income | +26.5% | +18.7% | – | +7.3% | |
| Net income | +26.7% | +21.7% | – | +9.0% | |
| EPS, diluted | +30.1% | +25.9% | – | +12.6% | |
| Dividend per share | +10.6% | +6.8% | – | +6.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -2.8% | -4.6% | 34.7% | |
| Return on assets | -1.7% | -1.6% | 12.7% | |
| Current ratio | 2.55 | 2.66 | 2.13 | |
| Debt to equity | 0.18 | 0.63 | 0.44 | |
| Net debt to EBITDA | -0.57× | -4.68× | -0.53× | |
| Interest coverage | -7.4× | -0.9× | 21.8× | |
| Inventory turnover | 3.1× | 2.1× | 2.5× | |
| Capex to revenue | 4.3% | 2.4% | – | |
| Diluted shares | 83M | 74M | 62M |
Cash use needs five years of cash flow figures
Ralph Lauren does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin11.6%
×Asset turnover1.10×
×Equity multiplier2.72×
=Return on equity, FY202634.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 11.6% | 1.10× | 2.72× | 34.7% |
| FY2025 | 10.5% | 1.04× | 2.71× | 29.5% |
| FY2024 | 9.7% | 0.99× | 2.74× | 26.5% |
| FY2023 | 8.1% | 0.89× | 2.92× | 21.0% |
| FY2022 | 9.7% | 0.80× | 3.04× | 23.3% |
| FY2021 | -2.8% | 0.58× | 2.86× | -4.6% |
| FY2020 | 6.2% | 0.93× | 2.21× | 12.9% |
| FY2019 | 6.8% | 1.04× | 1.79× | 12.8% |
| FY2018 | 2.6% | 1.05× | 1.75× | 4.8% |
| FY2017 | -1.5% | 1.12× | 1.68× | -2.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$941.10M
- Cash generatingOperating cash flow above zero$1.15B
- Return on assets improvedROA up on the prior year11.3% → 13.4%
- Earnings backed by cashOperating cash flow above net income$1.15B vs $941.10M
- Less leverageLong-term debt to assets fell10.5% → 16.0%
- Better liquidityCurrent ratio rose1.78 → 2.13
- No dilutionShare count did not rise64M → 62M
- Gross margin improvedGross margin up on the prior year68.55% → 69.87%
- More efficientAsset turnover rose1.07 → 1.15