Ralph Lauren Corp. Class A Common Stock (RL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$4.34	$4.59	+5.8%	—	$2B	—
Q4 26	$2.55	$2.72	+6.7%	—	$2B	—
Q3 26	$5.81	$6.22	+7.1%	—	$2.4B	—
Q2 26	$3.45	$3.79	+9.9%	—	$2B	—
Q1 26	$3.5	$3.77	+7.7%	—	—	—
Q4 25	$2.04	$2.27	+11.3%	—	—	—
Q3 25	$4.53	$4.82	+6.4%	—	—	—
Q2 25	$2.42	$2.54	+5.0%	—	—	—
Q1 25	$2.47	$2.7	+9.3%	—	—	—
Q4 24	$1.67	$1.71	+2.4%	—	—	—
Q3 24	$3.55	$4.17	+17.5%	—	—	—
Q2 24	$1.93	$2.1	+8.8%	—	—	—
Q1 24	$2.13	$2.34	+9.9%	—	$1.5B	—
Q4 23	$0.6	$0.9	+50.0%	—	$1.5B	—
Q3 23	$2.93	$3.35	+14.3%	—	$1.8B	—
Q2 23	$2.08	$2.23	+7.2%	—	$1.6B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$15.4	—	—	$8.1B	—
FY25	—	$11.9	—	—	$7.1B	—
FY24	—	$9.91	—	—	$6.6B	—
FY23	—	$7.72	—	—	$6.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$6.7B	$6.2B	$6.3B	$6.2B	$4.4B	$6.2B	$6.4B	$6.6B	$7.1B	$8.1B
YoY change	-10.2%	-7.07%	+2.11%	-2.43%	-28.6%	+41.3%	+3.62%	+2.91%	+6.75%	+14.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	6.7B	6.2B	6.3B	6.2B	4.4B	6.2B	6.4B	6.6B	7.1B	8.1B
Cost of revenue	3B	2.4B	2.4B	2.5B	1.5B	2.1B	2.3B	2.2B	2.2B	2.4B
Gross profit	3.7B	3.8B	3.9B	3.7B	2.9B	4.1B	4.2B	4.4B	4.9B	5.7B
Gross margin	54.9%	60.7%	61.6%	59.3%	65%	66.7%	64.7%	66.8%	68.6%	69.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	3.2B	3.1B	3.2B	3.3B	2.6B	3.3B	3.4B	3.6B	3.9B	4.4B
Operating expenses	3.2B	3.1B	3.2B	3.3B	2.6B	3.3B	3.4B	3.6B	3.9B	4.4B
Operating income	455.5M	627.4M	681.2M	386.2M	211.5M	823.7M	733.1M	812.2M	989.9M	1.3B
Operating margin	6.85%	10.1%	10.8%	6.27%	4.81%	13.2%	11.4%	12.2%	14%	16%
Non-operating income, net	-555.3M	-132.3M	-118.8M	-76.6M	-247.5M	-20.6M	-33M	-65.6M	-69.1M	-119.1M
Pretax income	-104.9M	489.2M	582.5M	326.4M	-74.8M	754.6M	691.9M	777.4M	950.7M	—
Income tax	-5.6M	326.4M	151.6M	-57.9M	46.3M	154.5M	169.2M	131.1M	207.8M	236.6M
Net income	-99.3M	162.8M	430.9M	384.3M	-121.1M	600.1M	522.7M	646.3M	742.9M	941.1M
Net margin	-1.49%	2.63%	6.83%	6.24%	-2.75%	9.65%	8.11%	9.75%	10.5%	11.6%
EBITDA	762.8M	931.8M	1B	682.7M	476.4M	1.1B	981.7M	1.1B	1.3B	1.6B
EPS	-1.2	1.99	5.35	5.07	-1.65	8.22	7.72	9.91	11.9	15.4
Diluted EPS	-1.2	1.97	5.27	4.98	-1.65	8.07	7.58	9.71	11.6	15.1

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	—	—	—	—	—	—	—	—	2B	2.4B	2B	2B
Cost of revenue	—	—	—	—	—	—	—	—	644.3M	724.3M	599.9M	515.6M
Gross profit	—	—	—	—	—	—	—	—	1.4B	1.7B	1.4B	1.4B
Gross margin	—	—	—	—	—	—	—	—	68%	69.9%	69.7%	73.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	1.1B	1.2B	1.2B	1.1B
Operating expenses	—	—	—	—	—	—	—	—	1.1B	1.2B	1.2B	1.1B
Operating income	169.3M	313.7M	132.3M	215.9M	197.3M	401.9M	174.8M	292.9M	283M	503.1M	218.3M	367.2M
Operating margin	—	—	—	—	—	—	—	—	14.1%	20.9%	11%	18.7%
Non-operating income, net	—	—	—	—	—	—	—	—	-38.9M	-37.9M	-24.1M	-23.6M
Pretax income	—	—	—	—	—	—	—	—	242.8M	463.8M	193.1M	342.2M
Income tax	—	—	—	—	—	—	—	—	35.3M	102.2M	41.5M	80M
Net income	—	—	—	—	—	—	—	—	207.5M	361.6M	151.6M	262.2M
Net margin	—	—	—	—	—	—	—	—	10.3%	15%	7.66%	13.4%
EBITDA	—	—	—	—	—	—	—	—	353M	568.6M	297.1M	438.9M
EPS	2.24	4.25	1.41	2.67	2.36	4.76	2.07	3.62	3.39	5.91	2.49	4.36
Diluted EPS	2.19	4.19	1.38	2.61	2.31	4.66	2.03	3.52	3.32	5.82	2.45	4.28

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	6.7B	9.1B	10.5B	5.1B	9.1B	8.3B	7.9B	12.2B	13.8B	21B	21.3B
Enterprise value	6.3B	8B	9.4B	6.2B	9.9B	9.1B	9.2B	13.1B	14.4B	21.9B	22.3B
Shares outstanding	82.7M	81.7M	80.6M	75.8M	73.5M	73M	67.7M	65.2M	62.6M	61M	61M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	56.1	24.3	13.2	—	13.8	15.1	18.9	18.6	22.3	21.3
P/S	1.01	1.48	1.66	0.82	2.06	1.33	1.23	1.85	1.95	2.59	2.52
P/B	2.05	2.64	3.18	1.88	3.48	3.27	3.25	5	5.34	7.38	7.73
EV/EBITDA	8.2	8.57	9.35	9.05	20.8	8.53	9.39	11.9	11.3	13.9	14
EV/Sales	0.94	1.29	1.49	1	2.25	1.46	1.43	1.98	2.03	2.7	2.67
Earnings yield	—	1.78%	4.12%	7.59%	—	7.25%	6.62%	5.28%	5.38%	4.48%	4.69%
FCF yield	9.91%	8.91%	5.61%	9.56%	3.02%	6.63%	2.45%	7.39%	7.37%	3.36%	4.14%
PEG	—	—	—	—	—	—	—	—	—	—	1.04

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	54.9%	60.7%	61.6%	59.3%	65%	66.7%	64.7%	66.8%	68.6%	69.9%	73.7%
Operating margin	6.85%	10.1%	10.8%	6.27%	4.81%	13.2%	11.4%	12.2%	14%	16%	18.4%
Net margin	-1.49%	2.63%	6.83%	6.24%	-2.75%	9.65%	8.11%	9.75%	10.5%	11.6%	11.8%
ROE	-3.01%	4.71%	13.1%	14.3%	-4.65%	23.7%	21.5%	26.4%	28.7%	33.1%	37.5%
ROA	-1.76%	2.65%	7.25%	5.28%	-1.54%	7.77%	7.7%	9.79%	10.5%	12.2%	11%
ROIC	16.2%	9.06%	22.7%	10.2%	6.13%	19.7%	14.8%	20.2%	24.4%	—	28.7%
Return on tangible assets	-2.92%	4.21%	11.4%	7.44%	-2.1%	10.5%	10.9%	13.8%	14.4%	16.4%	17.3%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	2.55	2.24	3	1.61	2.66	1.87	2.23	2.29	1.78	2.13	2.04
Quick ratio	1.86	1.76	2.31	1.26	2.18	1.44	1.51	1.68	1.33	1.57	1.42
Debt / equity	0.26	0.25	0.28	1.2	1.39	1.34	1.19	1.09	1.03	1.06	1.1
Debt / assets	0.15	0.14	0.16	0.44	0.46	0.44	0.42	0.41	0.38	0.39	0.39
Net debt / EBITDA	-0.64	-1.24	-1.06	1.63	1.77	0.75	1.34	0.81	0.46	0.6	0.64
Interest coverage	-7.46	27.9	29.1	19.5	-0.54	15	18.1	19.4	22.6	22.7	23.3
Effective tax rate	0%	66.7%	26%	0%	0%	20.5%	24.5%	16.9%	21.9%	—	20.9%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	80.4	75.7	78.3	81.3	59.9	85.2	95.2	101.7	113.1	133	137.5
EPS (basic)	-1.2	1.99	5.35	5.07	-1.65	8.22	7.72	9.91	11.9	15.4	15.4
EPS (diluted)	-1.2	1.97	5.27	4.98	-1.65	8.07	7.58	9.71	11.6	15.1	16.5
Book value per share	39.9	42.3	40.8	35.5	35.4	34.7	35.9	37.6	41.3	46.6	45.7
FCF per share	8.08	9.96	7.27	6.39	3.72	7.52	2.86	13.9	16.3	11.6	16.3
Cash per share	16.4	24.5	24.7	27.9	37.8	35.6	23.1	27.3	33.3	33.9	32.6
Capex per share	0	0	0.25	0.27	0	0	—	—	—	6.69	4.47

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	0%	0%	0.32%	0.34%	0%	0%	—	—	—	5.03%	3.28%
Capex / operating cash flow	0%	0%	2.53%	3.14%	0%	0%	—	—	—	35.4%	20.8%
Payout ratio	-166%	99.8%	44.3%	53.1%	-41.1%	25%	37.9%	30.1%	27.1%	23%	23.5%
Dividend yield	2.44%	1.78%	1.82%	4.03%	0.55%	1.81%	2.51%	1.59%	1.46%	1.03%	1.12%

Yield

1.12%

trailing twelve months

Frequency

Quarterly

Last dividend

$1.00

ex-dividend Sep 25, 2026

Payout ratio

24%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 25, 2026	$1.00
Jun 26, 2026	$1.00
Mar 27, 2026	$0.913

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	—	—	—	—	—	—	—	—	$2B	$2.4B	$2B	$2B
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	1.4B	2B	2B	2.1B	2.8B	2.6B	1.6B	1.8B	2.1B	2.1B
Receivables	450.2M	421.4M	398.1M	277.1M	451.5M	405.4M	447.7M	446.5M	459.5M	491.7M
Inventory	791.5M	761.3M	817.8M	736.2M	759M	977.3M	1.1B	902.2M	949.6M	1B
Total current assets	3B	3.5B	3.6B	3.4B	4.2B	4.2B	3.3B	3.4B	3.8B	3.9B
Property, plant & equipment	858.8M	728.2M	651.4M	2.2B	1.8B	1.6B	1.6B	1.4B	1.4B	1.8B
Goodwill & intangibles	2.2B	2.3B	2.2B	2.1B	2.1B	2B	2B	1.9B	1.9B	2B
Total assets	5.7B	6.1B	5.9B	7.3B	7.9B	7.7B	6.8B	6.6B	7B	7.7B
Accounts payable	147.7M	165.6M	202.3M	246.8M	355.9M	448.7M	371.6M	332.2M	436M	431M
Short-term debt	22.6M	327.7M	22.3M	1.1B	322.6M	781.6M	287M	264.7M	645.7M	232.4M
Total current liabilities	1.2B	1.6B	1.2B	2.1B	1.6B	2.3B	1.5B	1.5B	2.1B	1.8B
Long-term debt	839.1M	524.4M	901.7M	2.2B	3.3B	2.6B	2.6B	2.4B	2B	2.8B
Total liabilities	2.4B	2.7B	2.7B	4.6B	5.3B	5.2B	4.4B	4.2B	4.5B	4.9B
Shareholders' equity	3.3B	3.5B	3.3B	2.7B	2.6B	2.5B	2.4B	2.5B	2.6B	2.8B
Total debt	861.7M	852.1M	924M	3.2B	3.6B	3.4B	2.9B	2.7B	2.7B	3B
Net debt	193.4M	-452.5M	339.9M	1.6B	1B	1.5B	1.4B	1B	745.6M	1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	1.5B	1.9B	1.8B	1.8B	1.7B	2.1B	2.1B	2.3B	1.6B	2.3B	2.1B	1.9B
Receivables	461.1M	403.9M	446.5M	371.8M	517.9M	435.2M	459.5M	396.6M	524.6M	460.7M	491.7M	388.9M
Inventory	1.2B	1.1B	902.2M	1B	1.1B	998.6M	949.6M	1.2B	1.3B	1.1B	1B	1.2B
Total current assets	3.4B	3.6B	3.4B	3.4B	3.6B	3.9B	3.8B	4.2B	3.8B	4.2B	3.9B	3.8B
Property, plant & equipment	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.4B	1.6B	1.6B	1.7B	1.8B	1.8B
Goodwill & intangibles	1.9B	2B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	2B	2B
Total assets	6.7B	7B	6.6B	6.6B	6.8B	7.1B	7B	7.8B	7.3B	7.8B	7.7B	7.7B
Accounts payable	460.1M	411.8M	332.2M	477.8M	495.7M	489.5M	436M	609.1M	532.7M	543.7M	431M	556.7M
Short-term debt	289.5M	277.5M	264.7M	255.1M	659.6M	645M	645.7M	661.8M	259M	246.7M	232.4M	248.9M
Total current liabilities	1.6B	1.7B	1.5B	1.6B	2.1B	2.2B	2.1B	2.3B	1.8B	2B	1.8B	1.9B
Long-term debt	2.5B	2.5B	2.4B	2.4B	2B	2B	2B	2.6B	2.6B	2.6B	2.8B	2.8B
Total liabilities	4.4B	4.4B	4.2B	4.3B	4.4B	4.5B	4.5B	5.2B	4.8B	4.9B	4.9B	4.9B
Shareholders' equity	2.4B	2.6B	2.5B	2.4B	2.4B	2.5B	2.6B	2.5B	2.6B	2.9B	2.8B	2.7B
Total debt	2.8B	2.8B	2.7B	2.7B	2.7B	2.7B	2.7B	3.2B	2.9B	2.9B	3B	3B
Net debt	1.4B	952.5M	1B	1.1B	1.3B	743.5M	745.6M	1.1B	1.4B	826.8M	1B	1.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	-99.3M	162.8M	430.9M	384.3M	-121.1M	600.1M	522.7M	646.3M	742.9M	941.1M
Depreciation & amortization	307.5M	295.2M	281.3M	269.5M	247.6M	229.7M	220.5M	229M	219.6M	233M
Stock-based compensation	63.6M	74.5M	88.6M	100.6M	72.7M	81.7M	75.5M	99.5M	107.9M	111M
Change in working capital	148.5M	247.1M	-24.6M	80M	-222.9M	-335.9M	-179.7M	83.3M	49.7M	-280.5M
Operating cash flow	613.7M	865.4M	791.2M	663.3M	13.7M	530.5M	643.9M	1B	1.1B	1.2B
Capital expenditure	0	0	20M	20.8M	0	0	—	—	—	-408.1M
Investing cash flow	76.2M	-27.5M	-686.1M	973.3M	302.8M	-551M	689M	-92M	-47.9M	-1B
Dividends paid	-164.8M	-162.4M	-190.7M	-203.9M	-49.8M	-150M	-198.3M	-194.6M	-201.1M	-216.5M
Share repurchases	-215.2M	-17.1M	-502.6M	-694.8M	-37.7M	-492.6M	-488.6M	-449.7M	-480.9M	-623.8M
Financing cash flow	-4.4B	-197.6M	-637.4M	-438.2M	-118.2M	-665.7M	-1.2B	-665.6M	-704M	-769.7M
Net change in cash	-3.7B	640.3M	-532.3M	1.2B	198.3M	-686.2M	124.1M	273.1M	321M	-654.5M
Free cash flow	668.6M	813.5M	586.1M	484.3M	273.1M	549M	193.5M	904.9M	1B	704.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	146.9M	276.6M	90.7M	168.6M	147.9M	297.4M	129M	220.4M	207.5M	361.6M	151.6M	262.2M
Depreciation & amortization	58.5M	56.2M	56M	54.4M	55.9M	54.3M	55M	55.5M	57M	59.7M	60.8M	58.9M
Stock-based compensation	29.3M	24.6M	24.2M	24.3M	35.7M	24.7M	23.2M	22.4M	39.4M	24.9M	24.3M	26M
Change in working capital	-215.6M	250.5M	75.3M	-71.2M	-244.3M	260.6M	104.6M	-204.5M	-337.3M	233.9M	900K	-43.4M
Operating cash flow	38.4M	580.1M	224.2M	189M	-2M	663.3M	222.6M	176.1M	53.2M	779.6M	145.3M	339.3M
Capital expenditure	—	—	—	—	—	—	—	-187.3M	-93.8M	-75.6M	-51.4M	-53.4M
Investing cash flow	-12.6M	-27.8M	-12.7M	-54.2M	-150.5M	116.6M	40.2M	-198.3M	-111.5M	-92.5M	86.9M	-204.1M
Dividends paid	-49M	-48.5M	-47.9M	-47.5M	-51.4M	-51.2M	-51M	-50.7M	-55.3M	-55.3M	-55.2M	-54.8M
Share repurchases	-168.9M	-103.1M	-120.9M	-201.2M	-129M	-74.4M	-76.3M	-323.3M	-112.6M	-37.5M	-150.4M	-325.1M
Financing cash flow	-223.1M	-156.7M	-173.8M	-253.6M	-186.3M	-131.3M	-132.8M	114.1M	-573.3M	-99.3M	-211.2M	-387M
Net change in cash	-197.3M	395.6M	37.7M	-118.8M	-338.8M	648.6M	130M	91.9M	-631.6M	587.8M	21M	-251.8M
Free cash flow	30.1M	562.6M	81.1M	243.9M	55.5M	677.2M	42.3M	-11.2M	-40.6M	704M	52.7M	285.9M

Ralph Lauren Corp. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement