Saturday 31 October 2026 Export RL’s income statement to Excel — free account

Ralph Lauren Corporation

RL Consumer Cyclical Apparel Manufacturing

Ralph Lauren Corporation’s revenue for fiscal 2026 (year ended March 2026) was $8.1 billion, up 14.6% from fiscal 2025. In the quarter to June 2026, revenue grew 14.0%, EPS grew 20.4%, free cash flow grew 2,652.7% and total debt fell 22.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five.

394.32 6.20 −1.55%

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Market cap: $23.8B
P/E: 24.4×
Fwd P/E: 20.4×
Dividend yield: 0.97%
F-score: 8/9
Altman Z: 5.94
Beneish M: −2.47
Dividend safety: 86/100

Overview Business Profile Earnings & Analysis Segments Filings

Insider Decisions trades per month

Total sells 123.54

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	1	1	—	1	1	—	2	—	—

Insider Ownership 38.95%

Capital & Financial Ratios $m

Market Cap 23,840.00

Revenue 8,355.20

Net Income 982.90

Free Cash Flow 1,043.20

Net Debt (494.70)

Current Ratio 2.04

Debt/Equity 0.53

P/E ratio 24.42

Fwd P/E 20.40

P/S ratio 2.84

P/B ratio 8.71

Past 5Y EPS Growth —

This Y EPS Growth 14.21%

Next Y EPS Growth 10.49%

Next Y revenue growth 6.96%

Next 5Y EPS Growth 11.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 71.58%

10-year low 10-year high

P/S against its own 10 years 97.36%

10-year low 10-year high

P/B against its own 10 years 99.05%

10-year low 10-year high

EV/Sales against its own 10 years 97.54%

10-year low 10-year high

EV/FCF against its own 10 years 79.80%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 3.83

Annual Dividend Yield 0.97%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	3.51	0.91 1.00 1.00
2025	3.56	0.83 0.91 0.91 0.91
2024	3.23	0.75 0.83 0.83 0.83
2023	3.00	0.75 0.75 0.75 0.75
2022	2.94	0.69 0.75 0.75 0.75
2021	2.06	0.69 0.69 0.69
2020	0.69	0.69
2019	2.69	0.63 0.69 0.69 0.69
2018	2.38	0.50 0.63 0.63 0.63
2017	2.00	0.50 0.50 0.50 0.50
2016	2.00	0.50 0.50 0.50 0.50

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	1,783	2,083	2,065	1,942
Receivables	503	515	570	453
Inventory	902	950	1,014	1,164
Other	—	—	—	—
	3,360	3,790	3,887	3,835

	2024	2025	2026	Q'26
Payables	332	436	431	557
ST’ Debt	—	400	—	—
Other	—	—	—	—
	1,467	2,134	1,827	1,876

Compound Annual Growth %

	10y	5y	3y
Sales	0.92%	13.02%	7.99%
Cash Flow	1.28%	24.82%	41.08%
Earnings	9.03%	0.00%	21.65%
Book Value	(2.72%)	1.76%	5.34%

Earnings Trends EPS, adjusted, against the consensus

Q1 FY27 Estimate 4.30 Actual 4.59

1.97 3.17 4.37 5.57 6.77

Q2 FY26 Beat +0.34

Q3 FY26 Beat +0.42

Q4 FY26 Beat +0.28

Q1 FY27 Beat +0.29

Q2 FY27 — Nov 5

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q2 FY26	3.45	3.79	Beat by 0.34
Q3 FY26	5.80	6.22	Beat by 0.42
Q4 FY26	2.52	2.80	Beat by 0.28
Q1 FY27	4.30	4.59	Beat by 0.29
Q2 FY27	4.22	—	Reports 5 November 2026

EPS $

	Jun	Sep	Dec	Mar	Year
’26	4.28	—	—	—	—
’26	3.52	3.32	5.82	2.45	15.11
’25	2.61	2.31	4.66	2.03	11.61
’24	1.96	2.19	4.19	1.38	9.71
’23	1.73	2.18	3.20	0.48	7.58
’22	2.18	2.57	2.93	0.34	8.07
’21	(1.75)	(0.53)	1.61	(1.01)	(1.65)

Fiscal quarters ending in the months shown.

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	1,960	—	—	—	—
’26	1,719	2,011	2,406	1,979	8,115
’25	1,512	1,726	2,144	1,697	7,079
’24	1,497	1,633	1,934	1,568	6,631
’23	1,491	1,580	1,832	1,541	6,444
’22	1,376	1,504	1,815	1,523	6,219
’21	488	1,194	1,433	1,287	4,401

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	339	—	—	—	—
’26	176	53	780	145	1,154
’25	277	97	738	122	1,235
’24	271	73	605	121	1,070
’23	45	(43)	395	14	411
’22	248	217	358	(106)	716
’21	(70)	58	347	46	381

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	286	—	—	—	—
’26	(11)	(41)	704	94	705
’25	244	56	677	42	1,019
’24	231	30	563	81	905
’23	6	(88)	323	(48)	194
’22	219	181	307	(159)	549
’21	(92)	25	320	19	273

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	Trend	10 yrs	2027e	2028e	2029e	Next 3/yr
												Ten-year view		Analyst estimates Powerpack
Price, $
Price, $	Low	66.06	95.63	82.69	59.82	99.33	82.23	103.17	134.90	176.61	317.23		+19.0%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	High	105.52	147.79	133.63	128.29	142.06	135.99	148.04	237.16	380.00	421.60		+16.6%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
People
People	Employees	23,300	23,500	24,300	24,900	20,300	22,200	23,300	23,400	23,400	23,600		+0.1%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	Revenue/emp, $m	0.29	0.26	0.26	0.25	0.22	0.28	0.28	0.28	0.30	0.34		+2.1%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
Income, $m
Income, $m	Revenue	6,653	6,182	6,313	6,160	4,401	6,219	6,444	6,631	7,079	8,115		+2.2%	8,679	9,128	9,594	+5.7%
	Gross margin, %	54.88	60.68	61.56	59.31	65.02	66.70	64.65	66.83	68.55	69.87		+15.0 pt	Powerpack Ralph Lauren Corporation’s next three years, line by line Analysts expect revenue to grow 5.7% a year to 2029 — faster than the 2.2% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	(105)	489	583	326	(75)	755	692	777	951	1,178		n/m
	EBT margin, %	(1.58)	7.91	9.23	5.30	(1.70)	12.13	10.74	11.72	13.43	14.51		+16.1 pt
	Net income	(99)	163	431	384	(121)	600	523	646	743	941		n/m
	Depreciation	308	295	281	270	248	230	221	229	220	233		(3.0%)
Per share, $
Per share, $	Revenue	80.45	75.67	78.33	81.26	59.87	85.18	95.18	101.71	113.08	133.02		+5.7%
	Earnings	(1.20)	1.99	5.35	5.07	(1.65)	8.22	7.72	9.91	11.86	15.42		n/m
	Cash flow	11.52	11.94	9.72	9.96	5.18	9.81	6.07	16.41	19.73	18.92		+5.7%
	Capex	(3.43)	(1.98)	(2.20)	(3.29)	(1.47)	(2.29)	(3.21)	(2.53)	(3.45)	(7.37)		+8.8%
	Free cash flow	8.08	9.96	7.52	6.66	3.72	7.52	2.86	13.88	16.28	11.56		+4.0%
	Book value	39.90	42.32	40.78	35.53	35.43	34.74	35.90	37.58	41.35	46.58		+1.7%
	Shares, m	83	82	81	76	74	73	68	65	63	61		(3.3%)
Valuation, ×
Valuation, ×	P/E	0.00	54.02	24.25	13.47	0.00	13.90	15.11	18.63	18.61	22.32		18.0
	P/S	1.01	1.43	1.65	0.82	2.06	1.33	1.23	1.82	1.95	2.59		1.6
	P/B	2.05	2.55	3.16	1.88	3.48	3.27	3.25	4.91	5.34	7.38		3.7
	EV/Sales	0.91	1.20	1.49	0.67	1.95	1.23	1.25	1.80	1.85	2.56		1.5
	EV/FCF	9.09	9.12	15.50	8.16	31.50	13.95	41.72	13.20	12.87	27.84		18.3
Cash, $m
Cash, $m	Operating cash flow	953	975	784	755	381	716	411	1,070	1,235	1,154		+2.2%
	Capex	(284)	(162)	(178)	(249)	(108)	(167)	(217)	(165)	(216)	(449)		+5.2%
	Free cash flow	669	814	606	505	273	549	194	905	1,019	705		+0.6%
Balance, $m
Balance, $m	Working capital	1,795	1,961	2,395	1,283	2,623	1,962	1,831	1,893	1,656	2,061		+1.5%
	Total debt	611	596	711	1,171	2,326	1,978	1,741	1,397	1,377	1,451		+10.1%
	Net debt	(742)	(1,408)	(1,276)	(945)	(450)	(620)	175	(387)	(706)	(614)		(2.1%)
	Shareholders’ equity	3,300	3,457	3,287	2,693	2,604	2,536	2,431	2,450	2,589	2,841		(1.6%)
Returns, %
Returns, %	ROA	(1.67)	2.76	7.13	5.81	(1.60)	7.69	7.20	9.65	10.89	12.73		+14.4 pt
	ROIC	(2.26)	15.19	17.46	11.34	(1.26)	26.05	16.89	22.91	30.94	33.08		+35.3 pt
	ROE	(2.82)	4.82	12.78	12.85	(4.57)	23.35	21.05	26.48	29.49	34.66		+37.5 pt

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by segment, and margins
North America segment	3,330	41.03%
Europe segment	2,539	31.29%
Asia segment	2,104	25.92%
Other non-reportable segments	143	1.76%
Other Non-Reportable Segment-Related	143	1.76%
Gross margin		69.87%
Operating margin		14.53%
Pre-tax margin		14.51%

Revenue by segment since 2010

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RL Ralph Lauren Corporation	$23.8B	24.4×	20.4×	+14.00% (above 0%: growing)	+20.44% (above 0%: growing)	+2,652.68% (above 0%: growing)	73.69%	17.47%
LEVI Levi Strauss & Co.	$8.7B	14.8×	13.9×	+4.30% (above 0%: growing)	−20.60% (below 0%: shrinking)	+212.72% (above 0%: growing)	66.21%	13.81%	Compare
VFC V.F. Corporation	$7.2B	25.7×	15.6×	−5.18% (below 0%: shrinking)	n/m	+50.99% (above 0%: growing)	54.93%	(4.98%)	Compare
ZGN Ermenegildo Zegna N.V.	$5.7B	— (loss-making)	32.1×	—	n/m	+56.38% (above 0%: growing)	55.40%	0.00%	Compare
KTB Kontoor Brands, Inc.	$4.1B	15.3×	13.9×	−11.24% (below 0%: shrinking)	−11.28% (below 0%: shrinking)	+104.36% (above 0%: growing)	56.18%	15.49%	Compare
PVH PVH Corp.	$4.1B	— (loss-making)	14.2×	−3.24% (below 0%: shrinking)	n/m	+111.16% (above 0%: growing)	63.03%	(9.10%)	Compare
FIGS FIGS, Inc.	$3.6B	57.6×	55.2×	+28.81% (above 0%: growing)	+325.00% (above 0%: growing)	+427.35% (above 0%: growing)	75.20%	17.93%	Compare
COLM Columbia Sportswear Company	$3.3B	17.4×	13.1×	+1.51% (above 0%: growing)	n/m	+324.26% (above 0%: growing)	58.34%	5.03%	Compare
UA Under Armour, Inc.	$2.1B	— (loss-making)	—	−3.19% (below 0%: shrinking)	n/m	+600.79% (above 0%: growing)	54.09%	4.26%	Compare
Median of peers	$4.1B	17.4×	14.2×	−3.19%	−11.28%	+161.94%	57.26%	4.65%

All 23 Apparel Manufacturing stocks →

Business profile

Updated 27 October 2026

Ralph Lauren Corporation, founded in 1967 and headquartered in New York City, designs, markets and distributes luxury lifestyle products. Patrice Louvet is President and CEO. Its offerings span apparel, handbags, footwear and accessories, fragrances, home goods and hospitality. Clothing is sold for men, women and children across brand platforms including Ralph Lauren Collection, Ralph Lauren Purple Label, Double RL, Polo Ralph Lauren, Lauren Ralph Lauren, RLX Ralph Lauren and Chaps.

The company sells directly to consumers in Ralph Lauren stores, outlet stores, concession-based shop-within-shops, its own digital commerce sites and its app in the U.S. and Canada. It also sells through department stores, specialty stores, golf and pro shops, and third-party digital partners. Its hospitality portfolio includes restaurants and Ralph’s Coffee locations.

Read the full business profile →

From the latest earnings call

Updated 26 October 2026

Patrice Louvet said Ralph Lauren’s China business grew 40% in Q1 FY2027 and that the company expects China revenue growth around the mid-teens for the fiscal year.
Justin said Ralph Lauren expects Q2 constant-currency revenue growth of 5% to 6%, with Asia leading, North America growing mid-single digits and EMEA growing modestly.

Read the Earnings & Analysis →

Analyst rating changes each firm’s latest, last six months

Firm	Date	Action	Rating	Target
Jefferies	Oct 22, 2026	Reiterated	Buy	450.00
Bank of America	Oct 17, 2026	Reiterated	Buy	450.00

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 65.45%

Held by the ten largest 28.50%

Holder	Shares	Stake	Change
Vanguard	4.72m	7.92%	−27.61k
BlackRock	3.02m	5.07%	+193.68k
Fidelity (FMR)	1.87m	3.14%	+150.94k
State Street	1.47m	2.48%	+49.83k
Geode Capital Management	1.18m	1.98%	+26.41k
Invesco	1.13m	1.89%	−280.10k
Two Sigma	1.05m	1.76%	+151.97k
First Trust	1.02m	1.71%	+315.87k
AQR Capital Management	766.08k	1.29%	−324.62k
Goldman Sachs	752.23k	1.26%	−86.79k

13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 18 June 2026

Chief executive’s pay

Year	Total pay	Actually paid	$100 invested
2026	23.26m	62.76m	297.74
2025	23.08m	40.21m	347.92
2024	16.63m	41.97m	297.99
2023	14.47m	14.00m	181.19
2022	18.55m	18.14m	168.70

Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement