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Ralph Lauren RL Operating margin

Operating margin at other companies

Tapestry, Inc. logo
Tapestry, Inc.TPR
17.9%+0.3pp
lululemon athletica logo
lululemon athleticaLULU
18.3%-5.1pp
Williams-Sonoma logo
Williams-SonomaWSM
18%-0.1pp
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
12.4%-1.3pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
2.9%
Tractor Supply Company logo
Tractor Supply CompanyTSCO
9.3%-0.4pp

Other financials

Income statement

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Revenue$2.0B+16.6%
Gross profit$1.4B+18.3%
Operating income$188.6M+21.7%
Net income$151.6M+17.5%
EPS (diluted)$2.45+20.1%

Balance sheet

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Cash & equivalents$2.0B+3.0%
Total debt$3.0B-1.9%
Total equity$2.8B+9.8%
Total assets$7.7B+9.8%

Cash flow

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Operating cash flow$145.3M+18.9%
CapEx$51.4M-35.7%
Free cash flow$93.9M+122%

Valuation

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Market cap$24.04B+52.7%
Enterprise value$25.06B+47.9%
P/E25.5×+4.4×
P/S+0.7×

Profitability

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Gross margin69.9%+1.3pp
Net margin11.6%+1.1pp

Returns & leverage

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Return on equity34.7%+5.2pp
Debt / equity1.1×-0.1×
Current ratio2.1×+0.4×

Where this comes from

Calculated from Ralph Lauren’s reported figures.

Based on trailing twelve months.

The official record: Ralph Lauren’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ralph Lauren's operating margin?
Ralph Lauren (RL) reported operating margin of 14.5% in Q1 2026.
How has Ralph Lauren's operating margin changed year-over-year?
Ralph Lauren's operating margin increased by 10.4% year-over-year, from 13.2% to 14.5%.
What is the long-term trend for Ralph Lauren's operating margin?
Over 4 years (2022 to 2026), Ralph Lauren's operating margin has grown at a 7.5% compound annual growth rate (CAGR), from 42.7% to 56.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.