Tapestry Inc (TPR) - Net Assets
Based on the latest financial reports, Tapestry Inc (TPR) has net assets worth $682.40 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.47 Billion) and total liabilities ($5.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tapestry Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $682.40 Million |
| % of Total Assets | 10.55% |
| Annual Growth Rate | 4.61% |
| 5-Year Change | -73.68% |
| 10-Year Change | -68.03% |
| Growth Volatility | 34.91 |
Tapestry Inc - Net Assets Trend (1998–2025)
This chart illustrates how Tapestry Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Tapestry Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tapestry Inc (1998–2025)
The table below shows the annual net assets of Tapestry Inc from 1998 to 2025. For live valuation and market cap data, see TPR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $857.80 Million | -70.39% |
| 2024-06-30 | $2.90 Billion | +27.18% |
| 2023-06-30 | $2.28 Billion | -0.34% |
| 2022-06-30 | $2.29 Billion | -29.88% |
| 2021-06-30 | $3.26 Billion | +43.18% |
| 2020-06-30 | $2.28 Billion | -35.21% |
| 2019-06-30 | $3.51 Billion | +8.28% |
| 2018-06-30 | $3.24 Billion | +8.08% |
| 2017-06-30 | $3.00 Billion | +11.89% |
| 2016-06-30 | $2.68 Billion | +7.75% |
| 2015-06-30 | $2.49 Billion | +2.86% |
| 2014-06-30 | $2.42 Billion | +0.48% |
| 2013-06-30 | $2.41 Billion | +20.89% |
| 2012-06-30 | $1.99 Billion | +23.59% |
| 2011-06-30 | $1.61 Billion | +7.13% |
| 2010-06-30 | $1.51 Billion | -11.25% |
| 2009-06-30 | $1.70 Billion | +11.89% |
| 2008-06-30 | $1.52 Billion | -20.65% |
| 2007-06-30 | $1.91 Billion | +60.70% |
| 2006-06-30 | $1.19 Billion | +15.10% |
| 2005-06-30 | $1.03 Billion | +25.57% |
| 2004-06-30 | $822.48 Million | +83.15% |
| 2003-06-30 | $449.08 Million | +63.36% |
| 2002-06-30 | $274.90 Million | +85.35% |
| 2001-06-30 | $148.31 Million | -30.31% |
| 2000-06-30 | $212.81 Million | -23.53% |
| 1999-06-30 | $278.28 Million | +9.62% |
| 1998-06-30 | $253.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tapestry Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 255680000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.10 Million | 0.24% |
| Other Comprehensive Income | $-261.20 Million | -30.45% |
| Other Components | $3.67 Billion | 428.27% |
| Total Equity | $857.80 Million | 100.00% |
Tapestry Inc Competitors by Market Cap
The table below lists competitors of Tapestry Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EXPERIAN PLC ADR
F:J2BA
|
$27.01 Billion |
|
Shinhan Financial Group Co Ltd
NYSE:SHG
|
$27.03 Billion |
|
Kraft Heinz Co
NASDAQ:KHC
|
$27.06 Billion |
|
Advanced Info Service Public Company Limited
F:NVAA
|
$27.07 Billion |
|
Muyuan Foodstuff Co Ltd
SHE:002714
|
$26.88 Billion |
|
FRESENIUS SE+CO. ADR 1/4
F:FREA
|
$26.87 Billion |
|
Tata Steel Limited
NSE:TATASTEEL
|
$26.84 Billion |
|
Ecopetrol SA ADR
NYSE:EC
|
$26.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tapestry Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,896,900,000 to 857,800,000, a change of -2,039,100,000 (-70.4%).
- Net income of 183,200,000 contributed positively to equity growth.
- Dividend payments of 299,300,000 reduced retained earnings.
- Share repurchases of 2,018,700,000 reduced equity.
- Other comprehensive income decreased equity by 115,300,000.
- Other factors increased equity by 211,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $183.20 Million | +21.36% |
| Dividends Paid | $299.30 Million | -34.89% |
| Share Repurchases | $2.02 Billion | -235.33% |
| Other Comprehensive Income | $-115.30 Million | -13.44% |
| Other Changes | $211.00 Million | +24.6% |
| Total Change | $- | -70.39% |
Book Value vs Market Value Analysis
This analysis compares Tapestry Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 37.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 215.19x to 37.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | $0.67 | $143.50 | x |
| 1999-06-30 | $0.73 | $143.50 | x |
| 2000-06-30 | $0.76 | $143.50 | x |
| 2001-06-30 | $0.44 | $143.50 | x |
| 2002-06-30 | $0.72 | $143.50 | x |
| 2003-06-30 | $1.15 | $143.50 | x |
| 2004-06-30 | $2.03 | $143.50 | x |
| 2005-06-30 | $2.65 | $143.50 | x |
| 2006-06-30 | $3.06 | $143.50 | x |
| 2007-06-30 | $5.06 | $143.50 | x |
| 2008-06-30 | $4.21 | $143.50 | x |
| 2009-06-30 | $5.21 | $143.50 | x |
| 2010-06-30 | $4.77 | $143.50 | x |
| 2011-06-30 | $5.35 | $143.50 | x |
| 2012-06-30 | $6.78 | $143.50 | x |
| 2013-06-30 | $8.41 | $143.50 | x |
| 2014-06-30 | $8.63 | $143.50 | x |
| 2015-06-30 | $8.98 | $143.50 | x |
| 2016-06-30 | $9.61 | $143.50 | x |
| 2017-06-30 | $10.61 | $143.50 | x |
| 2018-06-30 | $11.24 | $143.50 | x |
| 2019-06-30 | $12.08 | $143.50 | x |
| 2020-06-30 | $8.17 | $143.50 | x |
| 2021-06-30 | $11.52 | $143.50 | x |
| 2022-06-30 | $8.46 | $143.50 | x |
| 2023-06-30 | $9.44 | $143.50 | x |
| 2024-06-30 | $12.42 | $143.50 | x |
| 2025-06-30 | $3.86 | $143.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tapestry Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.61%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 7.67x
- Recent ROE (21.36%) is below the historical average (29.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 11.06% | 4.02% | 1.99x | 1.38x | $1.98 Million |
| 1999 | 8.23% | 3.34% | 1.78x | 1.39x | $-3.60 Million |
| 2000 | 18.14% | 7.03% | 1.85x | 1.39x | $17.32 Million |
| 2001 | 43.17% | 10.39% | 2.38x | 1.74x | $49.20 Million |
| 2002 | 32.97% | 11.93% | 1.63x | 1.69x | $59.79 Million |
| 2003 | 34.34% | 15.38% | 1.54x | 1.45x | $103.94 Million |
| 2004 | 33.46% | 19.81% | 1.28x | 1.31x | $183.52 Million |
| 2005 | 37.63% | 23.53% | 1.23x | 1.30x | $285.37 Million |
| 2006 | 41.58% | 24.29% | 1.25x | 1.37x | $375.40 Million |
| 2007 | 34.74% | 25.40% | 1.07x | 1.28x | $472.63 Million |
| 2008 | 51.66% | 24.62% | 1.40x | 1.50x | $631.47 Million |
| 2009 | 36.75% | 19.30% | 1.26x | 1.51x | $453.76 Million |
| 2010 | 48.82% | 20.37% | 1.46x | 1.64x | $584.41 Million |
| 2011 | 54.62% | 21.18% | 1.58x | 1.63x | $719.54 Million |
| 2012 | 52.13% | 21.81% | 1.53x | 1.56x | $839.62 Million |
| 2013 | 42.94% | 20.38% | 1.44x | 1.47x | $793.50 Million |
| 2014 | 32.28% | 16.26% | 1.31x | 1.51x | $539.27 Million |
| 2015 | 16.16% | 9.60% | 0.90x | 1.87x | $153.41 Million |
| 2016 | 17.16% | 10.25% | 0.92x | 1.82x | $192.21 Million |
| 2017 | 19.69% | 13.17% | 0.77x | 1.94x | $290.81 Million |
| 2018 | 12.25% | 6.76% | 0.88x | 2.06x | $73.04 Million |
| 2019 | 18.31% | 10.68% | 0.88x | 1.96x | $292.06 Million |
| 2020 | -28.65% | -13.14% | 0.63x | 3.48x | $-879.74 Million |
| 2021 | 25.59% | 14.52% | 0.69x | 2.57x | $508.27 Million |
| 2022 | 37.47% | 12.81% | 0.92x | 3.18x | $627.75 Million |
| 2023 | 41.09% | 14.05% | 0.94x | 3.12x | $708.22 Million |
| 2024 | 28.17% | 12.23% | 0.50x | 4.62x | $526.31 Million |
| 2025 | 21.36% | 2.61% | 1.07x | 7.67x | $97.42 Million |
Industry Comparison
This section compares Tapestry Inc's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $226,367,314
- Average return on equity (ROE) among peers: -92.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tapestry Inc (TPR) | $682.40 Million | 11.06% | 8.48x | $26.97 Billion |
| Birks Group Inc (BGI) | $13.78 Million | -144.48% | 8.71x | $7.72 Million |
| Brilliant Earth Group Inc (BRLT) | $82.84 Million | 1.84% | 1.63x | $16.97 Million |
| Capri Holdings Ltd (CPRI) | $1.60 Billion | -73.88% | 3.18x | $2.07 Billion |
| Charles & Colvard Ltd (CTHR) | $52.05 Million | -11.82% | 0.11x | $1.41 Million |
| Envela Corp (ELA) | $1.80 Million | 11.11% | 1.00x | $619.23 Million |
| Adamas One Corp. Common Stock (JEWL) | $3.12 Million | -721.75% | 3.13x | $19.02K |
| Lanvin Group Holdings Limited (LANV) | $-32.91 Million | 0.00% | 0.00x | $181.26 Million |
| LuxExperience B.V. (LUXE) | $385.72 Million | -8.45% | 0.35x | $1.09 Billion |
| Movado Group Inc (MOV) | $92.90 Million | 14.96% | 1.01x | $606.58 Million |
| MYT Netherlands Parent BV (MYTE) | $64.38 Million | 9.86% | 4.99x | $1.04 Billion |
About Tapestry Inc
Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; and accessories, such as small leather goods which in… Read more