Ralph Lauren (RL) Operating Margin (2009 - 2026)
Ralph Lauren (RL) posted Operating Margin of 17.47% for Q2 2026, up 83.3% on a QoQ basis from 9.53% in Q1 2026, and up 156.0% year-over-year from 6.82% in Q2 2025.
Analysis
Ralph Lauren (RL) Operating Margin (2009 - 2026) Analysis & Trends
Ralph Lauren has reported Operating Margin for 18 years, with the latest figure at 17.47% in Q2 2026.
- On a quarterly basis, Operating Margin rose 156.0% year-over-year to 17.47% in Q2 2026; TTM through Jun 2026 was 14.94%, a 125.0% increase from a year earlier, with the FY2026 full-year figure at 14.53%, up 136.0% from the prior year.
- Operating Margin was 17.47% for Q2 2026 at Ralph Lauren, up from 9.53% in the prior quarter.
- The five-year high for Operating Margin was 19.59% in Q4 2025, with the low at 2.42% in Q2 2022.
- Average Operating Margin over 5 years is 12.0%, with a median of 11.99% recorded in 2022.
- The largest YoY upside for Operating Margin was 441 bps in 2022 against a maximum downside of 427 bps in 2022.
- Over 5 years, Operating Margin stood at 15.4% in 2022, then rose by 7 bps to 16.43% in 2023, then advanced by 11 bps to 18.18% in 2024, then climbed by 8 bps to 19.59% in 2025, then declined by 11 bps to 17.47% in 2026.
- The last three Operating Margin figures came in at 17.47% (Q2 2026), 9.53% (Q1 2026), and 19.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 24.48 Bn | 23.32 Bn | 1.56 Bn | 23.57% |
| 2 | Ralph Lauren | 21.10 Bn | 19.16 Bn | 1.44 Bn | 17.47% |
| 3 | Ermenegildo Zegna | 3.26 Bn | 3.00 Bn | - | - |
| 4 | Capri Holdings | 1.62 Bn | 1.49 Bn | - | - |
| 5 | TheRealReal | 1.20 Bn | 1.08 Bn | 143.20 Mn | -1.19% |
| 6 | Lanvin Group Holdings | 130.62 Mn | 53.62 Mn | - | - |
| 7 | Vince Holding | 82.22 Mn | 81.46 Mn | 32.39 Mn | -4.13% |
| 8 | Perfect Moment | 5.32 Mn | 4.61 Mn | 627,000.00 | -283.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 17.47% |
| Mar 28, 2026 | 9.53% |
| Dec 27, 2025 | 19.59% |
| Sep 27, 2025 | 12.22% |
| Jun 28, 2025 | 15.92% |
| Mar 29, 2025 | 9.13% |
| Dec 28, 2024 | 18.18% |
| Sep 28, 2024 | 10.37% |
| Jun 29, 2024 | 13.79% |
| Mar 30, 2024 | 6.88% |
| Dec 30, 2023 | 16.43% |
| Sep 30, 2023 | 10.07% |
| Jul 1, 2023 | 11.12% |
| Apr 1, 2023 | 2.61% |
| Dec 31, 2022 | 15.40% |
| Oct 1, 2022 | 13.08% |
| Jul 2, 2022 | 11.75% |
| Apr 2, 2022 | 2.42% |
| Dec 25, 2021 | 15.92% |
| Sep 25, 2021 | 16.75% |