Tapestry, Inc. (TPR) vs Ulta Beauty, Inc. (ULTA)

A side-by-side comparison of Tapestry, Inc. and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnTPR vs ULTA

growth of $100 · dividends reinvested · last 10y
TPR +341.3% (+16.0%/yr)ULTA +92.3% (+6.8%/yr)TPR compounded faster over this window
0100200300400500Start $10020182020202220242026$441$192
TPR ULTA

TPR vs ULTA: by the numbers

  • TPR is the larger company ($26.61B vs $22.69B market cap).
  • TPR trades at the lower trailing earnings multiple (18.07 vs 19.78 P/E), one valuation lens rather than an overall verdict.
  • TPR converts more revenue to profit (19.09% vs 9.36% net margin).
  • ULTA grew revenue faster over the past five years (12.93% vs 10.03% CAGR).
  • TPR pays a dividend (1.21% yield), while ULTA is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricTPRULTA
P/E ratio18.0719.78
Forward P/E18.8420.54
P/S ratio3.411.83
P/B ratio39.428.99
EV / EBITDA14.6813.31
FCF yield6.64%4.52%

Profitability

MetricTPRULTA
Gross margin77.82%39.33%
Operating margin23.92%12.54%
Net margin19.09%9.36%
ROE220.73%46.06%
ROIC29.36%25.50%

Dividends

MetricTPRULTA
Dividend yield1.21%N/A
Payout ratio21.36%N/A

Growth (annualized)

MetricTPRULTA
Revenue CAGR (5Y)10.03%12.93%
EPS CAGR (5Y)20.12%52.49%
FCF CAGR (5Y)16.74%10.16%
Total return CAGR (5Y)30.14%7.90%

Frequently asked

Which has the lower trailing P/E, TPR or ULTA?
TPR has the lower trailing P/E: TPR trades at 18.07 and ULTA at 19.78. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, TPR or ULTA?
Over the past five years, ULTA grew revenue faster — TPR at a 10.03% CAGR versus ULTA at 12.93%.
Does TPR or ULTA pay a bigger dividend?
TPR pays a dividend (1.21% yield), while ULTA is a former payer with no current dividend run rate.
Is TPR or ULTA more profitable?
TPR runs the higher net margin — TPR at 19.09% versus ULTA at 9.36%.
How have TPR and ULTA total returns compared?
Over the past 10 years, TPR delivered 15.69% and ULTA delivered 6.76% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.