PVH vs Tapestry
PVH reported revenue of $9.0 billion in fiscal 2025, about the same as Tapestry's $8.0 billion in fiscal 2026. PVH's revenue grew 3.4% in its latest year, and Tapestry's grew 14.2%. PVH had an operating margin of 2.6%, against 23.9% at Tapestry. Free cash flow was $538 million at PVH and $1.8 billion at Tapestry. Their fiscal years end in different months (February 1 and June 27), so the periods don't line up exactly.
Side by side
| PVH | Tapestry | |
|---|---|---|
| Latest fiscal year | FY2025, Feb 1, 2026 | FY2026, Jun 27, 2026 |
| Revenue | $9.0B | $8.0B |
| Revenue growth | 3.4% | 14.2% |
| Revenue growth a year, last 5 years | 4.6% | 6.9% |
| Gross margin | 57.5% | 77.8% |
| Operating margin | 2.6% | 23.9% |
| Net margin | 0.3% | 19.1% |
| Free cash flow | $538M | $1.8B |
| Free cash flow margin | 6.0% | 22.6% |
| Return on capital | 1.8% | 77.9% |
| Net debt to EBITDA | 3.2x | 0.6x |
| Dividends and buybacks | $585M | $1.9B |
| Change in diluted share count | −14.5% | −5.5% |
| Last close | $86.54 | $110.90 |
| P/E at the last close | — | 15.3× |
| Insider trades, last 12 months | bought $1.0 million, sold $642,500 | sold $48.4 million |
| Piotroski F-score | 6 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
PVHTapestry
Operating margin
Percent of revenue
PVHTapestry
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
PVHTapestry