Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 22.26% is 43% above its 5-year average of 15.62%, near the high end of its 5-year range (-33.86%–28.63%).
As of the fiscal period ended Saturday, March 28, 2026. 112.84% above its 12-month average of 10.46%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
22.26%
OPERATING MARGIN AVG TTM
10.46%
OPERATING MARGIN AVG 3Y
18.66%
OPERATING MARGIN AVG 5Y
18.22%
OPERATING MARGIN AVG 10Y
16.53%
OPERATING MARGIN AVG 15Y
19.17%
OPERATING MARGIN AVG 20Y
22.60%
CURRENT VS TTM AVG
+112.84%
CURRENT VS 3Y AVG
+19.27%
CURRENT VS 5Y AVG
+22.17%
CURRENT VS 10Y AVG
+34.68%
CURRENT VS 15Y AVG
+16.12%
CURRENT VS 20Y AVG
-1.53%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+103.00%
vs the sector median at left
Tapestry, Inc.
Market Cap
$32.80B
Operating Margin
22.26%
TTM Avg
10.46%
3Y Avg
18.66%
5Y Avg
18.22%
Market Cap
$30.86B
Operating Margin
5.89%
TTM Avg
5.45%
3Y Avg
4.97%
5Y Avg
4.83%
Market Cap
$35.57B
Operating Margin
18.79%
TTM Avg
12.16%
3Y Avg
10.42%
5Y Avg
2.41%
Market Cap
$29.65B
Operating Margin
17.97%
TTM Avg
18.13%
3Y Avg
17.58%
5Y Avg
17.52%
Market Cap
$29.65B
Operating Margin
23.35%
TTM Avg
22.78%
3Y Avg
12.38%
5Y Avg
-2.35%
Market Cap
$26.25B
Operating Margin
13.86%
TTM Avg
13.02%
3Y Avg
10.87%
5Y Avg
12.02%
Market Cap
$39.71B
Operating Margin
16.34%
TTM Avg
15.56%
3Y Avg
1.05%
5Y Avg
-87.64%
Market Cap
$25.65B
Operating Margin
14.61%
TTM Avg
19.50%
3Y Avg
20.41%
5Y Avg
19.35%
Market Cap
$25.32B
Operating Margin
5.42%
TTM Avg
5.95%
3Y Avg
8.70%
5Y Avg
9.29%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tapestry, Inc. (TPR) | $32.80B | 22.26% | 10.46% | 18.66% | 18.22% |
| Casey's General Stores, Inc. (CASY)vs › | $30.86B | 5.89% | 5.45% | 4.97% | 4.83% |
| Expedia Group, Inc. (EXPE)vs › | $35.57B | 18.79% | 12.16% | 10.42% | 2.41% |
| Williams-Sonoma, Inc. (WSM)vs › | $29.65B | 17.97% | 18.13% | 17.58% | 17.52% |
| Las Vegas Sands Corp. (LVS)vs › | $29.65B | 23.35% | 22.78% | 12.38% | -2.35% |
| SharkNinja, Inc. (SN)vs › | $26.25B | 13.86% | 13.02% | 10.87% | 12.02% |
| Carnival Corporation & plc (CCL)vs › | $39.71B | 16.34% | 15.56% | 1.05% | -87.64% |
| PulteGroup, Inc. (PHM)vs › | $25.65B | 14.61% | 19.50% | 20.41% | 19.35% |
| Smurfit Westrock plc (SW)vs › | $25.32B | 5.42% | 5.95% | 8.70% | 9.29% |
| Darden Restaurants, Inc. (DRI)vs › | $24.48B | 11.98% | 11.98% | 11.60% | 11.67% |
Gross Margin
76.2%
Operating Margin
22.3%
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 |
|---|---|
| 2026-03-28 | 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% |
| 2002-06-30 | 14.57% |
