NYSE: RL
Ralph Lauren
Consumer Discretionary · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
52-week range
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.$24.5B
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| Period | Market cap |
|---|---|
| FY2017, ended Apr 1, 2017 | $6.61B |
| FY2018, ended Mar 31, 2018 | $9.12B |
| FY2019, ended Mar 30, 2019 | $10.1B |
| FY2020, ended Mar 28, 2020 | $4.94B |
| FY2021, ended Mar 27, 2021 | $8.93B |
| FY2022, ended Apr 2, 2022 | $7.85B |
| FY2023, ended Apr 1, 2023 | $7.63B |
| FY2024, ended Mar 30, 2024 | $11.7B |
| FY2025, ended Mar 29, 2025 | $13.0B |
| FY2026, ended Mar 28, 2026 | $19.5B |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $24.5B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.$8.36B
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| Period | Revenue |
|---|---|
| FY2017, ended Apr 1, 2017 | $6.65B |
| FY2018, ended Mar 31, 2018 | $6.18B |
| FY2019, ended Mar 30, 2019 | $6.31B |
| FY2020, ended Mar 28, 2020 | $6.16B |
| FY2021, ended Mar 27, 2021 | $4.40B |
| FY2022, ended Apr 2, 2022 | $6.22B |
| FY2023, ended Apr 1, 2023 | $6.44B |
| FY2024, ended Mar 30, 2024 | $6.63B |
| FY2025, ended Mar 29, 2025 | $7.08B |
| FY2026, ended Mar 28, 2026 | $8.11B |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $8.36B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Apr 1, 2017 | −$99.3M | $669M |
| FY2018, ended Mar 31, 2018 | $163M | $814M |
| FY2019, ended Mar 30, 2019 | $431M | $586M |
| FY2020, ended Mar 28, 2020 | $384M | $484M |
| FY2021, ended Mar 27, 2021 | −$121M | $273M |
| FY2022, ended Apr 2, 2022 | $600M | $549M |
| FY2023, ended Apr 1, 2023 | $523M | $194M |
| FY2024, ended Mar 30, 2024 | $646M | $905M |
| FY2025, ended Mar 29, 2025 | $743M | $1.02B |
| FY2026, ended Mar 28, 2026 | $941M | — |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $983M | — |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.$1.72B
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| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Apr 1, 2017 | $668M |
| FY2018, ended Mar 31, 2018 | $1.30B |
| FY2019, ended Mar 30, 2019 | $584M |
| FY2020, ended Mar 28, 2020 | $1.62B |
| FY2021, ended Mar 27, 2021 | $2.58B |
| FY2022, ended Apr 2, 2022 | $1.86B |
| FY2023, ended Apr 1, 2023 | $1.53B |
| FY2024, ended Mar 30, 2024 | $1.66B |
| FY2025, ended Mar 29, 2025 | $1.92B |
| FY2026, ended Mar 28, 2026 | $1.99B |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $1.72B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.$1.24B
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| Period | Total debt |
|---|---|
| FY2017, ended Apr 1, 2017 | $588M |
| FY2018, ended Mar 31, 2018 | $596M |
| FY2019, ended Mar 30, 2019 | $689M |
| FY2020, ended Mar 28, 2020 | $1.17B |
| FY2021, ended Mar 27, 2021 | $1.63B |
| FY2022, ended Apr 2, 2022 | $1.64B |
| FY2023, ended Apr 1, 2023 | $1.14B |
| FY2024, ended Mar 30, 2024 | $1.14B |
| FY2025, ended Mar 29, 2025 | $1.14B |
| FY2026, ended Mar 28, 2026 | $1.24B |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $1.24B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 26.4% since 2017.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.59.6M
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| Period | Shares outstanding |
|---|---|
| FY2017, ended Apr 1, 2017 | 81.0M |
| FY2018, ended Mar 31, 2018 | 81.6M |
| FY2019, ended Mar 30, 2019 | 78.1M |
| FY2020, ended Mar 28, 2020 | 72.7M |
| FY2021, ended Mar 27, 2021 | 73.1M |
| FY2022, ended Apr 2, 2022 | 70.1M |
| FY2023, ended Apr 1, 2023 | 65.4M |
| FY2024, ended Mar 30, 2024 | 62.5M |
| FY2025, ended Mar 29, 2025 | 60.3M |
| FY2026, ended Mar 28, 2026 | 59.5M |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | 59.6M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Jun 27, 2026. Hover or tap a column for another year.Net: $511M more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2017, ended Apr 1, 2017 | $215M | $63.6M |
| FY2018, ended Mar 31, 2018 | $17.1M | $74.5M |
| FY2019, ended Mar 30, 2019 | $503M | $88.6M |
| FY2020, ended Mar 28, 2020 | $695M | $101M |
| FY2021, ended Mar 27, 2021 | $37.7M | $72.7M |
| FY2022, ended Apr 2, 2022 | $493M | $81.7M |
| FY2023, ended Apr 1, 2023 | $489M | $75.5M |
| FY2024, ended Mar 30, 2024 | $450M | $99.5M |
| FY2025, ended Mar 29, 2025 | $481M | $108M |
| FY2026, ended Mar 28, 2026 | $624M | $111M |
| Trailing 12 months to Jun 27, 2026 (through Q1 FY2027) | $626M | $115M |
Revenue (TTM)
$8.36B
+14.7% YoY
Net income (TTM)
$983M
+23.7% YoY
Cash
$1.72B
−17.8% YoY
Total debt
$1.24B
−24.3% YoY
Valuation
At current price- Market Cap
- $23.4B
- P/E
- 23.8×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 2.8×
- Price / Book
- 8.6×
- EV / EBITDA
- 15.4×
Growth
Trailing 12 months- Revenue (TTM)
- $8.36B
- Revenue Growth YoY
- 14.7%
- Revenue CAGR 3Y
- 8.0%
- Revenue CAGR 5Y
- 13.0%
- EPS Growth YoY
- 26.8%
- Net Income Growth YoY
- 23.7%
Profitability
Trailing 12 months- Gross Margin
- 70.3%
- Operating Margin
- 14.9%
- Net Margin
- 11.8%
- FCF Margin
- —. Free cash flow / revenue
- Return on Equity
- 37.5%
Earnings
Trailing 12 months- Net Income
- $983M
- EPS (diluted)
- $15.87
- EBITDA
- $1.48B
- Operating Income
- $1.25B
Balance Sheet
As of Jun 27, 2026- Cash and cash equivalents
- $1.72B
- Total Debt
- $1.24B
- Net Cash
- $480M
- Total Assets
- $7.66B
- Total Liabilities
- $4.94B
- Shareholders' Equity
- $2.72B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.32B
- Capital Expenditure
- —
- Free Cash Flow
- —. Operating cash flow − capital expenditure
Dividends and risk
Last 12 months- Dividend Yield
- 1.0%
- Dividend / Share
- $3.83
- Beta (5Y)
- 1.34
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 14.7% year over year, at $8.36B.
Note
Net margin of 11.8% over the last 12 months.
Strength
Holds more cash than debt, with $480M in net cash.
Strength
Share count is down 1.6% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Mar 28, 2026 · filed May 21, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K70Good news
10-K for the fiscal year ended Mar 29, 2025
Filed May 22, 2025 · Read the filing on EDGAR
- Revenue rose 6.8% to $7.08 billion, with growth in North America, Europe and Asia; operating income jumped 23.2% to $932 million.
- Net income rose 14.9% to $742.9 million, held back by a higher tax rate after last year's one-off benefits.
- Gross margin reached 68.6% on higher selling prices, better sales mix and lower cotton costs.
- Management warns that new US tariffs would hurt profit, as about 96% of products are made outside the US.
Business momentum
Strong improvement
“Operating income increased by $175.7 million, or 23.2%, to $932.1 million during Fiscal 2025”
Outlook
Cautious
“However, should the proposed tariffs become effective, our profitability will be negatively impacted.”
Financial stress
Low
“We ended Fiscal 2025 in a net cash and short-term investments position (calculated as cash and cash equivalents, plus short-term investments, less total debt) of $940.4 million”
Tone against the previous report
About the same
Red flags
None found in this report.
Positives
Sales grew in all three main regions
“Net revenues reflected growth across all of our reportable segments.”
Gross margin improved by 1.8 percentage points
“Gross profit as a percentage of net revenues increased to 68.6% in Fiscal 2025 from 66.8% in Fiscal 2024.”
Larger share buyback approved, alongside a higher dividend
“On May 15, 2025, our Board of Directors approved an expansion of our existing common stock repurchase program that allows us to repurchase up to an additional $1.500 billion of our Class A common stock, excluding related excise taxes.”
Concerns
Tariffs could sharply raise product costs
“As approximately 96% of our products are currently produced outside of the U.S., any material change in tariffs or other trade restrictions could result in a significant increase to our product costs.”
Operating costs grew faster than sales
“SG&A expenses increased by $262.5 million, or 7.3%, to $3.863 billion in Fiscal 2025”
Department store customers remain under financial strain
“The department store sector has experienced numerous consolidations, restructurings, bankruptcies, and other ownership changes in recent times”
New risks since the previous report
Sweeping US tariffs announced in April 2025, including a 10% baseline, with possible trade war and recession
“in April 2025, the U.S. announced significant changes to its trade policies, including a universal baseline tariff of 10% on all U.S. imported goods, plus additional country-specific tariffs.”
Biggest risks named
- New US tariffs and possible retaliation or trade war
- Weaker consumer spending from inflation, high interest rates and recession fears
- Foreign currency swings affecting reported sales and profit
- Loss or financial trouble of major department store customers
- Execution risk on the multi-year systems transformation project
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | +12 | |
| Outlook | −2 | |
| Tone against the previous report | 0 | |
| Financial stress | 0 | |
| Red flags | 0 | |
| New risks | −0.5 | |
| Score | 70 | |
Written by AI (Claude Opus 5.5) from the report’s text. 10 of 10 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | May 21, 2026 | Pro | |||
| 10-K | May 22, 2025 | 70 | Strong improvement | None | |
| 10-K | May 23, 2024 | 70 | Strong improvement | None | |
| 10-K | May 25, 2023 | 51 | Mixed | None | |
| 10-K | May 24, 2022 | 70 | Strong improvement | None | |
| 10-K | May 20, 2021 | 38 | Sharp deterioration | 1 medium1 minor | |
| 10-K | May 27, 2020 | 35 | Sharp deterioration | 2 medium1 minor | |
| 10-K | May 16, 2019 | 65 | Improving | 1 minor | |
| 10-K | May 23, 2018 | 58 | Mixed | None | |
| 10-K | May 18, 2017 | 34 | Sharp deterioration | 2 medium |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q1 FY2027 (period ended Jun 27, 2026), filed Aug 6, 2026. View filings on SEC EDGAR