Tapestry Historical Income Statement
TPR Stock | USD 60.92 0.14 0.23% |
Historical analysis of Tapestry income statement accounts such as EBIT of 782.8 M, Ebitda of 916.4 M, Cost Of Revenue of 1.2 B or Total Operating Expenses of 2 B can show how well Tapestry performed in making a profits. Evaluating Tapestry income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tapestry's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tapestry latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tapestry is a good buy for the upcoming year.
Tapestry |
About Tapestry Income Statement Analysis
Tapestry Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tapestry shareholders. The income statement also shows Tapestry investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Tapestry Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Tapestry generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on Tapestry income statement and represents the costs associated with goods and services Tapestry provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Tapestry's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tapestry current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.At this time, Tapestry's Income Tax Expense is relatively stable compared to the past year. As of 11/28/2024, Interest Expense is likely to grow to about 131.2 M, while Gross Profit is likely to drop slightly above 2.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.7B | 4.7B | 4.9B | 2.8B | Total Revenue | 6.7B | 6.7B | 6.7B | 3.9B |
Tapestry income statement Correlations
Click cells to compare fundamentals
Tapestry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tapestry income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 5.0B | 5.7B | 6.7B | 6.7B | 6.7B | 3.9B | |
Gross Profit | 3.2B | 4.1B | 4.7B | 4.7B | 4.9B | 2.8B | |
Other Operating Expenses | 5.5B | 4.8B | 5.5B | 5.5B | 5.5B | 3.1B | |
Operating Income | (550.8M) | 968M | 1.2B | 1.2B | 1.1B | 786.9M | |
Ebit | (550.8M) | 968.7M | 1.2B | 1.2B | 1.1B | 782.8M | |
Ebitda | (564.1M) | 1.2B | 1.4B | 1.4B | 1.4B | 916.4M | |
Cost Of Revenue | 1.7B | 1.7B | 2.0B | 1.9B | 1.8B | 1.2B | |
Total Operating Expenses | 3.8B | 3.1B | 3.5B | 3.5B | 3.7B | 2.0B | |
Income Before Tax | (624.2M) | 897.3M | 1.0B | 1.1B | 1.0B | 778.3M | |
Total Other Income Expense Net | (73.4M) | (70.7M) | (128.8M) | (29.3M) | (128.2M) | (121.8M) | |
Net Income | (652.1M) | 834.2M | 856.3M | 936M | 816M | 543.6M | |
Income Tax Expense | 27.9M | 63.1M | 190.7M | 207.1M | 195.9M | 233.9M | |
Depreciation And Amortization | (13.3M) | 218.7M | 195.3M | 182.2M | 229M | 138.7M | |
Interest Expense | 60.1M | 71.4M | 58.7M | 27.6M | 125M | 131.3M | |
Selling General Administrative | 3.4B | 2.5B | 2.7B | 2.8B | 2.8B | 1.9B | |
Net Income Applicable To Common Shares | (652.1M) | 834.2M | 856.3M | 936M | 1.1B | 571.2M | |
Net Income From Continuing Ops | (652.1M) | 834.2M | 856.3M | 936M | 816M | 520.3M | |
Selling And Marketing Expenses | 366.1M | 573.8M | 782.4M | 787.7M | 837.9M | 673.7M | |
Tax Provision | 27.9M | 63.1M | 190.7M | 207.1M | 195.9M | 124.0M | |
Interest Income | 60.1M | 71.4M | 58.7M | 27.6M | 31.7M | 49.1M | |
Net Interest Income | (60.1M) | (71.4M) | (58.7M) | (27.6M) | (125M) | (118.8M) | |
Reconciled Depreciation | 248.3M | 218.7M | 195.3M | 182.2M | 229M | 181.5M |
Pair Trading with Tapestry
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tapestry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tapestry will appreciate offsetting losses from the drop in the long position's value.Moving together with Tapestry Stock
0.84 | RL | Ralph Lauren Corp | PairCorr |
0.7 | UA | Under Armour C | PairCorr |
0.64 | DOGZ | Dogness International Upward Rally | PairCorr |
Moving against Tapestry Stock
0.81 | CRI | Carters | PairCorr |
0.8 | DOOO | BRP Inc Earnings Call Today | PairCorr |
0.79 | DHI | DR Horton | PairCorr |
0.69 | CCS | Century Communities | PairCorr |
0.63 | HAS | Hasbro Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tapestry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tapestry to buy it.
The correlation of Tapestry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tapestry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tapestry Stock Analysis
When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.