Ralph Lauren Corporation RL

Consumer DiscretionaryTextiles & ApparelUnited States of America

Last close 392.87 USD on Nov 1, 2026, +12.0% year to date

Quant rating

Quant rating A Rank 31 of 344 in Consumer Discretionary

Growth B 73 of 344
Valuation C 237 of 344
Quality A 18 of 344
Revisions B 96 of 344
Momentum B 58 of 344

Wall Street consensus Buy (1.89)Average target 447.11 USD +13.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 23.4B
Enterprise value: 22.9B
52-week range: 307.37 – 421.02
3-year range: 111.45 – 421.02
Dividend yield: 1.02%
Beta (5 years): 1.33
Shares outstanding: 59.6M
Next earnings: Nov 5, 2026

About the company

Ralph Lauren Corporation is engaged in the design, marketing, and distribution of luxury lifestyle products, including apparel, footwear and accessories, home, fragrances and hospitality. Its segments include North America, Europe, and Asia. Its brands include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Lauren Ralph Lauren, Polo Ralph Lauren Children, and Chaps, among others. Its products include apparel and footwear and accessories for men, women, and children, as well as fragrance and home collections, together with its hospitality portfolio. Its range of footwear and accessories include casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, scarves, hats and others. Its range of home products includes bed and bath lines, lighting, dining, floor coverings, giftware and more. Its hospitality collection is comprised of its restaurants, including The Polo Bar in New York City, RL Restaurant located in Chicago, and others.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	8,114	7,079	6,631	6,444	6,218	–
Revenue growth	14.6%	6.7%	2.9%	3.6%	41.3%	13.0%
EPS (basic, normalized)	16.59	12.33	10.31	8.34	8.38	–
EPS growth	34.5%	19.6%	23.6%	−0.5%	–	–
Gross margin	69.9%	68.6%	66.8%	64.9%	66.7%	67.4%
Net margin	11.6%	10.5%	9.7%	8.1%	9.7%	9.9%
ROE	34.7%	29.5%	26.5%	21.0%	23.3%	27.0%

Balance sheet, last quarter
Cash & short-term investments (mil)	1,942
Current ratio	2.04x
Long-term debt (mil)	1,447
Net debt (mil)	−474
Total equity (mil)	2,722
Net debt / equity	−0.17x
Net debt / EBITDA	−0.31x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	8,114	+14.6%	2.8x	1,530	+26.9%	15.0x	16.59	+34.5%	23.7x
2027	8,688	+7.1%	2.6x	1,723	+12.6%	13.3x	18.94	+14.1%	20.7x
2028	9,127	+5.1%	2.5x	1,871	+8.6%	12.3x	20.90	+10.4%	18.8x
2029	9,594	+5.1%	2.4x	1,987	+6.2%	11.5x	22.78	+9.0%	17.2x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	8,688	+0.1%	+0.8%	+3.1%	18.94	+0.1%	+2.6%	+4.9%
2028	9,127	−0.1%	+0.9%	+3.4%	20.90	−0.3%	+2.2%	+5.1%
2029	9,594	−0.3%	+1.1%	+5.9%	22.78	−1.5%	+2.9%	+15.6%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	1,568	1,512	1,726	2,144	1,697	1,719	2,011	2,406	1,979	1,960
Sales mean (mil)	1,563	1,490	1,678	2,014	1,646	1,656	1,889	2,313	1,848	1,867
Surprise	+0.3%	+1.5%	+2.9%	+6.4%	+3.1%	+3.8%	+6.4%	+4.0%	+7.0%	+5.0%
EPS reported	1.71	2.70	2.54	4.82	2.27	3.77	3.79	6.22	2.80	4.59
EPS mean	1.66	2.47	2.41	4.49	2.00	3.50	3.44	5.81	2.55	4.32
Surprise	+2.9%	+9.2%	+5.6%	+7.4%	+13.2%	+7.8%	+10.2%	+7.0%	+9.8%	+6.2%

Peer comparison Textiles & Apparel

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
RL Ralph Lauren Corporation	23.4B	−0.31x	11.6%	8.60x	20.7x	18.8x	13.3x	12.3x
LVMH Lvmh Moet Hennessy Louis Vuitton SE	214.0B	–	13.5%	2.80x	17.5x	16.0x	9.3x	8.8x
HRMS Hermes International SCA	152.6B	–	28.3%	7.12x	29.4x	26.9x	16.9x	15.7x
CFR Compagnie Financiere Richemont SA	108.1B	–	15.5%	4.40x	24.1x	21.0x	13.2x	11.7x
NKE NIKE, Inc.	57.4B	−0.13x	6.7%	3.77x	30.5x	25.5x	18.0x	15.8x
DECK Deckers Outdoor Corporation	10.9B	−0.90x	18.7%	4.72x	10.5x	10.1x	7.1x	7.0x
Mean		−0.45x	15.7%	5.24x	22.1x	19.7x	13.0x	11.9x
Median		−0.31x	14.5%	4.56x	22.4x	19.9x	13.3x	12.0x

Technical analysis

1M+10.0%
3M+4.4%
1Y+19.9%
3Y+273.2%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Ralph Lauren Corporation, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	8,114	7,079	6,631	6,444	6,218	4,401
Cost of revenue	2,445	2,226	2,204	2,262	2,071	1,510
Gross profit	5,669	4,853	4,427	4,181	4,148	2,891
Selling, general & administrative expenses	4,139	3,646	3,375	3,190	3,094	2,444
Research & development	–	–	–	–	–	–
Depreciation/amortization	233	217	226	220	230	248
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	118	57.8	69.9	66.0	25.2	243
Other operating expenses	0	0	0	0	0	0
Operating income	1,179	932	756	704	798	−43.6
Net interest income (expense)	−2.0	24.3	33.9	−8.2	−48.5	−30.2
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0.5	−5.7	−12.9	−4.1	4.7	−1.0
Net income before taxes	1,178	951	777	692	755	−74.8
Provision for taxes	237	208	131	169	154	32.5
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	941	743	646	523	600	−107
Extraordinary items	–	–	–	–	–	−13.8
Net income	941	743	646	523	600	−121
EBIT, normalized	1,297	990	826	770	824	199
EBITDA, normalized	1,530	1,210	1,055	991	1,053	447
Basic EPS, normalized	16.59	12.33	10.31	8.34	8.38	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Ralph Lauren Corporation, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	2,065	2,083	1,783	1,566	2,598	2,776
Receivables	678	612	561	580	543	572
Total inventory	1,014	950	902	1,071	977	759
Prepaid expenses	91.0	89.2	84.1	87.5	76.2	77.0
Other current assets	39.2	55.8	29.3	19.9	22.6	23.6
Total current assets	3,887	3,790	3,360	3,324	4,217	4,208
Property, plant & equipment	2,370	1,860	1,865	2,090	2,081	2,254
Goodwill	904	888	888	899	909	935
Intangibles	93.3	62.8	75.7	88.9	103	121
Long-term investments	5.9	3.1	7.5	10.6	12.0	–
Note receivable	–	–	–	–	–	–
Other long-term assets	479	444	406	378	403	370
Total assets	7,740	7,047	6,603	6,790	7,725	7,888
Liabilities
Accounts payable	431	436	332	372	449	356
Payable/accrued	–	–	–	–	–	–
Accrued expenses	1,197	1,040	939	958	1,138	1,046
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	20.7	420	19.2	20.3	520	19.7
Other current liabilities	178	237	177	144	149	163
Total current liabilities	1,826	2,134	1,467	1,494	2,256	1,585
Long-term debt	1,451	978	1,397	1,454	1,478	2,003
Minority interest	–	–	–	–	–	–
Other liabilities	1,620	1,347	1,288	1,412	1,455	1,695
Total liabilities	4,898	4,459	4,152	4,359	5,189	5,283
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	1.3	1.3	1.3	1.3	1.3	1.3
Additional paid-in capital	3,143	3,032	2,924	2,824	2,749	2,667
Retained earnings (accumulated deficit)	8,311	7,590	7,052	6,598	6,275	5,873
Treasury stock	−8,362	−7,735	−7,250	−6,797	−6,309	−5,816
Other equity	−251	−300	−276	−196	−180	−121
Total equity	2,841	2,588	2,450	2,430	2,536	2,604
Total liabilities & shareholders' equity	7,740	7,047	6,603	6,790	7,725	7,888

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Ralph Lauren Corporation, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	941	743	646	523	600	−121
Depreciation, depletion & amortization	233	220	229	220	230	248
Deferred taxes	8.4	−50.0	−41.1	3.9	−46.1	35.6
Non-cash items	130	121	120	88.5	102	143
Changes in working capital	−158	202	115	−425	−170	75.9
Cash from operations	1,154	1,235	1,070	411	716	381
Investing activities
Capital expenditures	−449	−216	−165	−218	−167	−108
Other investing cash flows	92.7	−47.9	−92.0	689	−551	303
Cash from investing	−357	−264	−257	472	−718	195
Financing activities
Financing cash flow items	−4.4	–	–	0	0	−8.7
Cash dividends paid	−216	−201	−195	−198	−150	−49.8
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−549	−503	−471	−1,010	−516	415
Cash from financing	−770	−704	−666	−1,209	−666	357
Foreign exchange effects	37.4	−8.2	−13.6	−8.8	−48.3	25.5
Net change in cash	65.3	259	134	−335	−716	958
Free cash flow	705	1,019	905	194	549	273

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.