Tapestry
Tapestry returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 27, 2026 | 73.36% | 38.02% | — | 197.14% | 23.02% | 65.7 pp |
| FY 2026 Q3 | Mar 28, 2026 | 27.01% | 16.66% | — | 60.91% | 9.62% | 19.3 pp |
| FY 2026 Q2 | Dec 27, 2025 | 22.76% | 13.86% | — | 55.34% | 7.58% | 15.1 pp |
| FY 2026 Q1 | Sep 27, 2025 | 13.85% | 5.95% | — | 16.05% | 2.7% | 6.2 pp |
| FY 2025 Q4 | Jun 28, 2025 | 11.29% | 4.97% | — | 9.76% | 1.83% | 3.6 pp |
| FY 2025 Q3 | Mar 29, 2025 | 31.12% | 13.67% | — | 40.27% | 8.17% | 23.4 pp |
| FY 2025 Q2 | Dec 28, 2024 | 29.91% | 13.25% | — | 39.82% | 7.55% | 22.2 pp |
| FY 2025 Q1 | Sep 28, 2024 | 25.05% | 12.78% | -8.28% | 29.92% | 7.74% | 17.4 pp |
| FY 2024 Q4 | Jun 29, 2024 | 25.25% | 13.02% | -4.83% | 31.54% | 7.96% | 17.6 pp |
| FY 2024 Q3 | Mar 30, 2024 | 28.04% | 12.95% | 10.41% | 34.96% | 8.51% | 20.3 pp |
| FY 2024 Q2 | Dec 30, 2023 | 28.95% | 13.13% | 21.42% | 37.33% | 8.81% | 21.2 pp |
| FY 2024 Q1 | Sep 30, 2023 | 27.85% | 19.99% | 67.47% | 40.06% | 13.16% | 20.1 pp |
| FY 2023 Q4 | Jul 1, 2023 | 29.92% | 20.17% | -6.65% | 41.02% | 13.02% | 22.2 pp |
| FY 2023 Q3 | Apr 1, 2023 | 28.21% | 20.05% | — | 37.54% | 12.58% | 20.5 pp |
| FY 2023 Q2 | Dec 31, 2022 | 27.45% | 18.17% | — | 31.93% | 11.02% | 19.7 pp |
| FY 2023 Q1 | Oct 1, 2022 | 26.9% | 18.7% | — | 30.51% | 10.93% | 19.2 pp |
| FY 2022 Q4 | Jul 2, 2022 | 31.8% | 18.44% | 17.93% | 30.89% | 10.94% | 24.1 pp |
| FY 2022 Q3 | Apr 2, 2022 | 30.85% | 19.33% | 152.81% | 31.25% | 11.33% | 23.1 pp |
| FY 2022 Q2 | Jan 1, 2022 | 29.89% | 17.86% | — | 28.75% | 10.4% | 22.2 pp |
| FY 2022 Q1 | Oct 2, 2021 | 26.08% | 16.73% | — | 29.2% | 10.27% | 18.4 pp |
| FY 2021 Q4 | Jul 3, 2021 | 29.93% | 14.74% | — | 30.14% | 10.23% | 22.2 pp |
| FY 2021 Q3 | Mar 27, 2021 | 12.9% | 6.45% | — | 12.23% | 4.34% | 5.2 pp |
| FY 2021 Q2 | Dec 26, 2020 | — | -5.32% | — | -13.78% | -5.08% | — |
| FY 2021 Q1 | Sep 26, 2020 | — | -5.91% | — | -15.68% | -5.31% | — |
| FY 2020 Q4 | Jun 27, 2020 | — | -9.07% | — | -22.53% | -8.81% | — |
| FY 2020 Q3 | Mar 28, 2020 | — | -1.6% | — | -6.88% | -2.85% | — |
| FY 2020 Q2 | Dec 28, 2019 | 16.07% | 10.24% | -86.28% | 17.18% | 7.4% | 8.4 pp |
| FY 2020 Q1 | Sep 28, 2019 | 14.42% | 10.86% | 5.12% | 16.92% | 7.14% | 6.7 pp |
| FY 2019 Q4 | Jun 29, 2019 | 17.57% | 13.92% | 43.66% | 19.04% | 9.49% | 9.9 pp |
| FY 2019 Q3 | Mar 30, 2019 | 19.3% | 14.21% | 107.25% | 21.18% | 10.42% | 11.6 pp |
| FY 2019 Q2 | Dec 29, 2018 | 20.91% | 15.01% | 154.2% | 22.65% | 9.99% | 13.2 pp |
| FY 2019 Q1 | Sep 29, 2018 | 14.06% | 14.76% | — | 17.2% | 7.59% | 6.4 pp |
| FY 2018 Q4 | Jun 30, 2018 | 16.11% | 12.4% | -9.84% | 12.73% | 6.35% | 8.4 pp |
| FY 2018 Q3 | Mar 31, 2018 | 13% | 13.88% | -9.78% | 11.19% | 6% | 5.3 pp |
| FY 2018 Q2 | Dec 30, 2017 | 12.33% | 13.77% | -12.01% | 11.09% | 5.25% | 4.6 pp |
| FY 2018 Q1 | Sep 30, 2017 | 14.88% | 12.48% | -0.48% | 16.09% | 7.57% | 7.2 pp |
| FY 2017 Q4 | Jul 1, 2017 | 26.44% | 17.22% | — | 20.79% | 11.02% | 18.7 pp |
| FY 2017 Q3 | Apr 1, 2017 | 22.43% | 17.85% | — | 18.88% | 11.16% | 14.7 pp |
| FY 2017 Q2 | Dec 31, 2016 | 22.45% | 17.66% | — | 19.01% | 11.01% | 14.8 pp |
| FY 2017 Q1 | Oct 1, 2016 | 21.14% | 17.63% | — | 18.51% | 10.54% | 13.4 pp |
| FY 2016 Q4 | Jul 2, 2016 | 19.98% | 16.55% | 12.06% | 17.8% | 9.63% | 12.3 pp |
| FY 2016 Q3 | Mar 26, 2016 | 18.83% | 14.82% | -5.4% | 15.13% | 8.5% | 11.1 pp |
| FY 2016 Q2 | Dec 26, 2015 | — | 16.62% | — | 14.41% | 8.91% | — |
| FY 2016 Q1 | Sep 26, 2015 | — | 17.41% | — | 15.46% | 9.23% | — |
| FY 2015 Q4 | Jun 27, 2015 | 19.99% | 18.5% | -289.57% | 16.39% | 9.66% | 12.3 pp |
| FY 2015 Q3 | Mar 28, 2015 | — | 20.53% | — | 18.91% | 11.52% | — |
| FY 2015 Q2 | Dec 27, 2014 | — | 28.48% | — | 22.98% | 15.88% | — |
| FY 2015 Q1 | Sep 27, 2014 | — | 34.73% | — | 28.33% | 19.07% | — |
| FY 2014 Q4 | Jun 28, 2014 | 47.03% | 39.58% | -41.38% | 32.35% | 21.72% | 39.3 pp |
| FY 2014 Q3 | Mar 29, 2014 | — | 49.1% | — | 40.03% | 27.07% | — |
| FY 2014 Q2 | Dec 28, 2013 | — | 53.21% | — | 43.23% | 28.6% | — |
| FY 2014 Q1 | Sep 28, 2013 | 70.59% | 58.24% | -4.65% | 47.15% | 31.06% | 62.9 pp |
| FY 2013 Q4 | Jun 29, 2013 | 84.79% | 58.69% | -2.47% | 47% | 31.17% | 77.1 pp |
| FY 2013 Q3 | Mar 30, 2013 | 88.18% | 62.1% | 20.74% | 50.9% | 34.03% | 80.5 pp |
| FY 2013 Q2 | Dec 29, 2012 | 102.75% | 64.47% | 22.84% | 53.18% | 32.93% | 95.1 pp |
| FY 2013 Q1 | Sep 29, 2012 | 93.29% | 65.21% | 53.55% | 54.86% | 34.67% | 85.6 pp |
| FY 2012 Q4 | Jun 30, 2012 | 102.48% | 68.29% | 98.66% | 57.63% | 36.2% | 94.8 pp |
| FY 2012 Q3 | Mar 31, 2012 | 100.07% | 64.96% | 153.08% | 53.78% | 34.69% | 92.4 pp |
| FY 2012 Q2 | Dec 31, 2011 | 106.93% | 61.84% | — | 52.73% | 32.26% | 99.2 pp |
| FY 2012 Q1 | Oct 1, 2011 | 91.87% | 62.57% | 1,467.35% | 53.36% | 33.05% | 84.2 pp |
| FY 2011 Q4 | Jul 2, 2011 | 94.44% | 65.57% | 4,645.4% | 56.5% | 34.53% | 86.7 pp |
| FY 2011 Q3 | Apr 2, 2011 | 90.11% | 60.52% | — | 51.31% | — | 82.4 pp |
| FY 2011 Q2 | Jan 1, 2011 | 95.69% | 57.22% | — | 46.92% | — | 88 pp |
| FY 2011 Q1 | Oct 2, 2010 | 84.18% | 56.36% | — | 45.74% | — | 76.5 pp |
| FY 2010 Q4 | Jul 3, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Mar 27, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Dec 26, 2009 | — | — | — | — | — | — |
| FY 2010 Q1 | Sep 26, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · TPR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.