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Tapestry, Inc. TPR Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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Other financials

Income statement

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Revenue$1.9B+21.2%
Gross profit$1.5B+22.4%
Operating income$427.5M+68.5%
Net income$343.8M+69.1%
EPS (diluted)$1.65+73.7%

Balance sheet

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Cash & equivalents$1.0B+0.8%
Total debt$3.9B-4.5%
Total equity$682.4M-54.3%
Total assets$6.5B-11.5%

Cash flow

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Operating cash flow$262.6M+82.0%
CapEx$36.8M+19.1%
Free cash flow$225.8M+99.1%

Valuation

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Market cap$29.58B+62.7%
Enterprise value$32.47B+54.6%
P/E21.4×+5.8×
P/S3.8×+1.2×

Profitability

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Gross margin76.2%+1.1pp
Operating margin17.9%+0.3pp
Net margin12.5%-0.7pp
FCF margin22.4%+9.4pp

Returns & leverage

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Return on equity40.3%+5.3pp
Debt / equity5.8×+3.0×
Current ratio1.8×+0.1×

Where this comes from

Reported directly by Tapestry, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Tapestry, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tapestry, Inc.'s operating lease ROU assets?
Tapestry, Inc. (TPR) reported operating lease ROU assets of $1.38B in Q1 2026.
How has Tapestry, Inc.'s operating lease ROU assets changed year-over-year?
Tapestry, Inc.'s operating lease ROU assets increased by 12.4% year-over-year, from $1.23B to $1.38B.
What is the long-term trend for Tapestry, Inc.'s operating lease ROU assets?
Over 4 years (2021 to 2025), Tapestry, Inc.'s operating lease ROU assets has grown at a -2.9% compound annual growth rate (CAGR), from $1.5B to $1.33B.
What does operating lease ROU assets mean?
This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.