Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 23.92% is 29% above its 5-year average of 18.49%, near the high end of its 5-year range (-33.86%–28.63%).
99.84% above its 12-month average of 11.97%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-27): 23.57%.
OPERATING MARGIN
23.92%
OPERATING MARGIN AVG TTM
11.97%
OPERATING MARGIN AVG 3Y
19.38%
OPERATING MARGIN AVG 5Y
18.49%
OPERATING MARGIN AVG 10Y
16.72%
OPERATING MARGIN AVG 15Y
19.11%
OPERATING MARGIN AVG 20Y
22.50%
CURRENT VS TTM AVG
+99.84%
CURRENT VS 3Y AVG
+23.44%
CURRENT VS 5Y AVG
+29.38%
CURRENT VS 10Y AVG
+43.09%
CURRENT VS 15Y AVG
+25.15%
CURRENT VS 20Y AVG
+6.33%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+113.10%
vs the sector median at left
Tapestry, Inc.
Market Cap
$22.75B
Operating Margin
23.92%
TTM Avg
11.97%
3Y Avg
19.38%
5Y Avg
18.49%
Market Cap
$23.60B
Operating Margin
14.61%
TTM Avg
19.50%
3Y Avg
20.41%
5Y Avg
19.35%
Market Cap
$23.81B
Operating Margin
12.56%
TTM Avg
13.24%
3Y Avg
13.84%
5Y Avg
14.44%
Market Cap
$21.64B
Operating Margin
3.90%
TTM Avg
5.45%
3Y Avg
4.97%
5Y Avg
4.83%
Market Cap
$23.92B
Operating Margin
13.86%
TTM Avg
13.02%
3Y Avg
10.87%
5Y Avg
12.02%
Market Cap
$21.23B
Operating Margin
12.72%
TTM Avg
13.55%
3Y Avg
14.41%
5Y Avg
14.48%
Market Cap
$24.36B
Operating Margin
5.42%
TTM Avg
5.95%
3Y Avg
8.70%
5Y Avg
9.29%
Market Cap
$21.11B
Operating Margin
14.94%
TTM Avg
13.85%
3Y Avg
12.51%
5Y Avg
12.58%
Market Cap
$24.44B
Operating Margin
11.98%
TTM Avg
11.98%
3Y Avg
11.60%
5Y Avg
11.67%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tapestry, Inc. (TPR) | $22.75B | 23.92% | 11.97% | 19.38% | 18.49% |
| PulteGroup, Inc. (PHM)vs › | $23.60B | 14.61% | 19.50% | 20.41% | 19.35% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.81B | 12.56% | 13.24% | 13.84% | 14.44% |
| Casey's General Stores, Inc. (CASY)vs › | $21.64B | 3.90% | 5.45% | 4.97% | 4.83% |
| SharkNinja, Inc. (SN)vs › | $23.92B | 13.86% | 13.02% | 10.87% | 12.02% |
| Packaging Corporation of America (PKG)vs › | $21.23B | 12.72% | 13.55% | 14.41% | 14.48% |
| Smurfit Westrock plc (SW)vs › | $24.36B | 5.42% | 5.95% | 8.70% | 9.29% |
| Ralph Lauren Corporation (RL)vs › | $21.11B | 14.94% | 13.85% | 12.51% | 12.58% |
| Darden Restaurants, Inc. (DRI)vs › | $24.44B | 11.98% | 11.98% | 11.60% | 11.67% |
| Lennar Corporation (LEN)vs › | $20.62B | 6.02% | 10.87% | 14.45% | 15.12% |
Gross Margin
77.8%
Operating Margin
23.9%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-27 | 23.57% |
| 2026-03-28 | 22.26% |
| 2025-12-27 | 28.63% |
| 2025-09-27 | 19.25% |
| 2025-06-28 | -33.86% |
| 2025-03-29 | 16.01% |
| 2024-12-28 | 22.45% |
| 2024-09-28 | 16.72% |
| 2024-06-30 | 14.77% |
| 2024-03-30 | 13.78% |
| 2023-12-30 | 21.47% |
| 2023-09-30 | 16.73% |
| 2023-06-30 | 16.89% |
| 2023-04-01 | 14.99% |
| 2022-12-31 | 20.65% |
| 2022-10-01 | 16.88% |
| 2022-06-30 | 15.29% |
| 2022-04-02 | 11.79% |
| 2022-01-01 | 21.61% |
| 2021-10-02 | 19.92% |
| 2021-06-30 | 16.08% |
| 2021-03-27 | 9.17% |
| 2020-12-26 | 23.10% |
| 2020-09-26 | 17.25% |
| 2020-06-30 | -39.17% |
| 2020-03-28 | -63.90% |
| 2019-12-28 | 19.99% |
| 2019-09-28 | 3.80% |
| 2019-06-30 | 11.22% |
| 2019-03-30 | 8.25% |
| 2018-12-29 | 20.91% |
| 2018-09-29 | 11.75% |
| 2018-06-30 | 12.62% |
| 2018-03-31 | 12.02% |
| 2017-12-30 | 19.41% |
| 2017-09-30 | -1.69% |
| 2017-06-30 | 17.02% |
| 2017-04-01 | 15.18% |
| 2016-12-31 | 20.99% |
| 2016-10-01 | 15.99% |
| 2016-06-30 | 10.12% |
| 2016-03-26 | 13.00% |
| 2015-12-26 | 20.49% |
| 2015-09-26 | 13.72% |
| 2015-06-30 | 3.86% |
| 2015-03-28 | 13.34% |
| 2014-12-27 | 22.58% |
| 2014-09-27 | 17.31% |
| 2014-06-30 | 8.78% |
| 2014-03-29 | 23.89% |
| 2013-12-28 | 30.71% |
| 2013-09-28 | 27.95% |
| 2013-06-30 | 25.99% |
| 2013-03-30 | 29.34% |
| 2012-12-29 | 35.02% |
| 2012-09-30 | 28.56% |
| 2012-06-30 | 30.44% |
| 2012-03-31 | 30.43% |
| 2011-12-31 | 34.58% |
| 2011-10-01 | 30.65% |
| 2011-06-30 | 30.25% |
| 2011-04-02 | 26.70% |
| 2011-01-01 | 35.85% |
| 2010-10-02 | 31.33% |
| 2010-06-30 | 31.24% |
| 2010-03-27 | 29.99% |
| 2009-12-26 | 35.76% |
| 2009-09-26 | 29.32% |
| 2009-06-30 | 26.32% |
| 2009-03-28 | 25.05% |
| 2008-12-27 | 36.28% |
| 2008-09-27 | 31.03% |
| 2008-06-30 | 31.81% |
| 2008-03-29 | 34.48% |
| 2007-12-29 | 41.21% |
| 2007-09-29 | 35.28% |
| 2007-06-30 | 37.63% |
| 2007-03-31 | 36.24% |
| 2006-12-30 | 42.29% |
| 2006-09-30 | 34.12% |
| 2006-06-30 | 35.02% |
| 2006-04-01 | 32.03% |
| 2005-12-31 | 42.12% |
| 2005-10-01 | 32.32% |
| 2005-06-30 | 33.78% |
| 2005-04-02 | 31.82% |
| 2005-01-01 | 39.77% |
| 2004-10-02 | 29.23% |
| 2004-06-30 | 32.91% |
| 2004-03-27 | 32.22% |
| 2003-12-27 | 39.05% |
| 2003-09-27 | 27.72% |
| 2003-06-30 | 21.95% |
| 2003-03-29 | 23.93% |
| 2002-12-28 | 33.26% |
| 2002-09-28 | 19.51% |
