Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. It offers apparel, including a range of men's, women's, and children's clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods comprising handbags, luggage, small leather goods, and belts; home products, such as bed and bath lines, furniture, fabric and wall coverings, lighting, dining, floor coverings, decorative accessories, and giftware; and fragrances. The company sells apparel and accessories under the Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Golf Ralph Lauren, Ralph Lauren Golf, RLX Ralph Lauren, Polo Ralph Lauren Children, and Chaps brands; women's fragrances under the Ralph Lauren Collection, Woman by Ralph Lauren, Romance Collection, and Ralph Collection brand names; and men's fragrances under the Ralph's Club, Purple Label, Polo Blue, Polo Red, Polo Green, Polo Black, Polo 67, Safari, Polo Sport, and Big Pony Men's brand names. Its restaurant collection includes The Polo Bar in New York City; RL Restaurant in Chicago; Ralph's in Paris; The Bar at Ralph Lauren located in Milan; Ralph's Bar located in Chengdu, China; and Ralph's Coffee concept. The company sells its products to department stores, specialty stores, and golf and pro shops, as well as directly to consumers through its retail stores, concession-based shop-within-shops, and its digital commerce sites. It directly operates retail stores and concession-based shop-within-shops; and operates Ralph Lauren stores and shops through licensing partners. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $8.1B | $1.5B | $941M | $705M | 33.1% | 14.6% | 26.7% |
| 2025 | $7.1B | $1.2B | $743M | $1.0B | 28.7% | 6.7% | 14.9% |
| 2024 | $6.6B | $1.0B | $646M | $905M | 26.4% | 2.9% | 23.6% |
| 2023 | $6.4B | $953M | $523M | $194M | 21.5% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 6,443.60 | 6,631.40 | 7,079 | 8,114.50 |
| Operating Revenue | - | 6,443.60 | 6,631.40 | 7,079 | 8,114.50 |
| Cost Of Revenue | - | 2,277.80 | 2,199.60 | 2,226.10 | 2,445.30 |
| Gross Profit | - | 4,165.80 | 4,431.80 | 4,852.90 | 5,669.20 |
| Operating Expense | - | 3,408.90 | 3,600.50 | 3,863 | 4,371.90 |
| Selling General And Administration | - | 3,408.90 | 3,600.50 | 3,863 | 4,371.90 |
| Total Expenses | - | 5,686.70 | 5,800.10 | 6,089.10 | 6,817.20 |
| Operating Income | - | 756.90 | 831.30 | 989.90 | 1,297.30 |
| Total Operating Income As Reported | - | 704.20 | 756.40 | 932.10 | 1,179.20 |
| EBITDA | - | 952.80 | 1,048.60 | 1,214.40 | 1,464.90 |
| Normalized EBITDA | - | 1,005.50 | 1,123.50 | 1,272.20 | 1,583 |
| EBIT | - | 732.30 | 819.60 | 994.80 | 1,231.90 |
| Interest Income | - | 32.20 | 73 | 74 | 53.70 |
| Interest Expense | - | 40.40 | 42.20 | 44.10 | 54.20 |
| Net Interest Income | - | -8.20 | 30.80 | 29.90 | -0.50 |
| Other Non Operating Income Expenses | - | -4.10 | -9.80 | -11.30 | -1 |
| Other Income Expense | - | -56.80 | -84.70 | -69.10 | -119.10 |
| Interest Income Non Operating | - | 32.20 | 73 | 74 | 53.70 |
| Interest Expense Non Operating | - | 40.40 | 42.20 | 44.10 | 54.20 |
| Net Non Operating Interest Income Expense | - | -8.20 | 30.80 | 29.90 | -0.50 |
| Pretax Income | - | - | - | - | 1,177.70 |
| Tax Provision | - | 169.20 | 131.10 | 207.80 | 236.60 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -12.91 | -12.66 | -12.63 | -23.73 |
| Net Income Continuous Operations | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Net Income From Continuing And Discontinued Operation | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Net Income | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Net Income Common Stockholders | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Net Income Including Noncontrolling Interests | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Normalized Income | - | 562.49 | 708.54 | 788.07 | 1,035.47 |
| Diluted NI Availto Com Stockholders | - | 522.70 | 646.30 | 742.90 | 941.10 |
| Basic Average Shares | - | 67.70 | 65.20 | 62.60 | 61 |
| Diluted Average Shares | - | 69 | 66.50 | 64 | 62.30 |
| Reconciled Depreciation | - | 220.50 | 229 | 219.60 | 233 |
| Reconciled Cost Of Revenue | - | 2,277.80 | 2,199.60 | 2,226.10 | 2,445.30 |
| Total Unusual Items | - | -52.70 | -74.90 | -57.80 | -118.10 |
| Total Unusual Items Excluding Goodwill | - | -52.70 | -74.90 | -57.80 | -118.10 |
| Special Income Charges | - | -52.70 | -74.90 | -57.80 | -118.10 |
| Impairment Of Capital Assets | 21.30 | 9.70 | 0 | 0.80 | - |
| Restructuring And Mergern Acquisition | - | 43 | 74.90 | 57.80 | 118.10 |
| General And Administrative Expense | 3,305.60 | 3,408.90 | 3,600.50 | 3,863 | - |
| Other Gand A | 3,305.60 | 3,408.90 | 3,600.50 | 3,863 | - |
| Rent Expense Supplemental | 18.20 | 23.80 | 19.10 | 36.60 | - |
| Rent And Landing Fees | 18.20 | 23.80 | 19.10 | 36.60 | - |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ralph Lauren Corporationthis co. | RL | $21.8B | 23.19 | 7.68 | 33.1% | 15.60 |
| Williams-Sonoma, Inc. | WSM | $24.5B | 22.51 | 11.77 | 52.3% | 15.14 |
| Lennar Corporation | LEN | $22.6B | 10.89 | 1.03 | 9.5% | 8.58 |
| PulteGroup, Inc. | PHM | $22.5B | 10.15 | 1.73 | 17.1% | 7.55 |
| Rollins, Inc. | ROL | $22.4B | 42.51 |
| - |
| - |
| - |
| - |
| - |
| - |
| 16.29 |
| 38.3% |
| 27.31 |
| Smurfit Westrock Plc | SW | $22.2B | 31.72 | 1.21 | 3.8% | 8.06 |
| Darden Restaurants, Inc. | DRI | $22.2B | 21.11 | 9.59 | 45.4% | 14.96 |
| Packaging Corporation of America | PKG | $20.0B | 25.86 | 4.35 | 16.8% | 13.56 |
| Ulta Beauty, Inc. | ULTA | $19.9B | 17.24 | 7.09 | 41.1% | 11.70 |
| Peer Median | - | 21.81 | 5.72 | 27.7% | 12.63 | |