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XStocksXray
Research report · 16 October 2026

Ralph Lauren Corp (RL)

Consumer Discretionary · Apparel, Accessories & Luxury Goods · US stock · price as of 16 Oct 2026

Key indicators

Price$385.50
52-week range$303.33 – $419.38
Market cap$23.6B
P/E (trailing)24.3×
EV / EBITDA15.4×
Free-cash-flow yield5.6%
Dividend yield1.0%
Revenue (last 12 months)$8.4B
Revenue growth (3y a year)8.0%
Operating margin14.9%
Return on invested capital48.9%
Net debt / EBITDA-0.5×

Fair value

Blended fair value$396.88 range $354 – $417
Versus priceFair+3% to fair value
Peer multiples$221.71
Fundamentals-adjusted multiple$340.05
10-year DCF (market-scaled)$628.90
Earnings power value (floor, not blended)$173.20
Model uncertaintyHigh

X-Ray Score

61/ 100 · Medium confidence · ahead of 85% of sector peers
Valuation35
Growth79
Profitability65
Financial health83
Dividends29

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

57.35152247342438Fair value $3972021-102023-012024-042025-072026-10

Executive summary

Ralph Lauren designs, markets and distributes premium lifestyle products, including apparel, footwear, accessories, home furnishings, fragrances and hospitality. Its brands include Polo Ralph Lauren, Lauren Ralph Lauren and Purple Label. Products are sold through its own stores and websites, department stores and specialty retailers, and through licensing partners. Revenue comes from consumer purchases around the world and from licensing royalties.

Revenue over the last twelve months was $8.4 billion, with growth of 8.0% a year over three years. The operating margin stands at 14.9%. The return on invested capital is shown as 49%. Net debt to EBITDA is -0.5 times, which means the company holds more cash than debt. Shareholders receive a dividend yielding 1.0%.

StocksXray gives Ralph Lauren Corp an X-Ray Score of 61 out of 100 (medium confidence), ahead of 85% of the S&P 500 stocks in its sector. Its strongest lens is financial health (83) and its weakest is dividends (29).

Our fair value blend is $396.88 (range $354.13 to $417.18). At $385.50 the stock trades 3% below that blend, so the label is "Fair" with high model uncertainty. Fair value is a range, not a price target.

stocksxray.com · page 1
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Ralph Lauren Corp (RL)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2022FY2023FY2024FY2025FY2026Now
Price$102.82$110.43$181.66$212.06$326.09$385.50
Market cap$7.6B$7.6B$12.1B$13.6B$20.3B$23.6B
P/E12.7×14.6×18.7×18.3×21.6×24.3×
EV / revenue1.1×1.1×1.7×1.8×2.4×2.7×
EV / EBITDA6.5×7.8×11.6×11.0×13.8×15.4×
Price / free cash flow13.9×39.4×13.3×13.3×17.6×17.9×
Free-cash-flow yield7.2%2.5%7.5%7.5%5.7%5.6%
Price / book3.0×3.1×4.9×5.2×7.1×8.7×
Dividend yield2.67%2.72%1.65%1.56%1.12%0.99%

Fundamentals checklist ● 8 Good · ● 5 Average · ● 1 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−4.4%Average

Risk models

Altman Z score7.0×Good
Piotroski F-Score9 of 9Good

Growth

EPS growth (3y)25.9%Good
Revenue growth (3y)8.0%Average
Growth consistency100%Good

Balance sheet

Current ratio2.0×Good
Net debt / EBITDA-0.5×Good
Interest cover22.4×Average

Valuation

Fair value vs price1.0×Bad
EBIT / EV yield5.4%Average

Profitability

Return on invested capital48.9%Good
Operating margin14.9%Average
Gross profitability76.7%Good
stocksxray.com · page 2
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Ralph Lauren Corp (RL)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY22FY23FY24FY25FY26LTM
Revenue6,2196,4446,6317,0798,1158,355
Gross profit4,1484,1664,4324,8535,6695,871
Operating income7987047569321,1791,248
Net income600523646743941983
Diluted EPS ($)8.077.589.7111.6115.1115.84
Free cash flow5491949051,0191,1541,317
Gross margin66.7%64.7%66.8%68.6%69.9%70.3%
Operating margin12.8%10.9%11.4%13.2%14.5%14.9%
Net margin9.7%8.1%9.7%10.5%11.6%11.8%
Balance sheetFY22FY23FY24FY25FY26LTM
Total assets7,7256,7906,6037,0477,7407,659
Cash1,8641,5291,6621,9231,9881,719
Total debt1,6361,1391,1411,1431,2391,239
Equity2,5362,4312,4502,5892,8412,722
Dividend per share ($)2.753.003.003.303.653.74

Revenue and net income US$ billions: navy revenue, teal net income

FY22FY23FY24FY25FY26

Margins blue gross, teal operating, brown net

0%23%47%70%FY22FY23FY24FY25FY26

Latest quarters

Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ($M)1,6971,7192,0112,4061,9791,960
Growth vs a year earlier+8.3%+13.7%+16.5%+12.2%+16.6%+14.0%
Net income ($M)129220208362152262
Diluted EPS ($)–3.523.325.82–4.28
stocksxray.com · page 3
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Ralph Lauren Corp (RL)

Peers in Apparel, Accessories & Luxury Goods

CompanyX-Ray
RL · Ralph Lauren Corp61
LULU · lululemon athletica inc.77
TPR · Tapestry, Inc.61
NKE · NIKE, Inc.42

Market Compass outlook for Consumer Discretionary: Neutral (53/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+3.8%
1 month+16.1%
3 months+2.7%
6 months+0.2%
1 year+22.3%
3 years+259.6%
5 years+275.2%

Technical summary

DailyStrongly bullish12 bullish · 1 neutral · 3 bearish
WeeklyStrongly bullish11 bullish · 1 neutral · 0 bearish
MonthlyStrongly bullish7 bullish · 1 neutral · 0 bearish
50-day / 200-day average$360.82 / $363.97
52-week low / high$303.33 / $419.38
Classic pivot, support and resistanceS2 376.29 · S1 380.90 · P – · R1 392.02 · R2 398.53

Recent dividends

Ex-dividend dateAmount per share
25 Sep 2026$1.0000
26 Jun 2026$1.0000
27 Mar 2026$0.9130
26 Dec 2025$0.9130
26 Sep 2025$0.9130
27 Jun 2025$0.9130
stocksxray.com · page 4
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Ralph Lauren Corp (RL)

Strengths

  • Return on invested capital of 48.9% is ahead of 80% of its sector peers.
  • Holds more cash than debt (net debt to EBITDA of -0.5×).
  • Piotroski F-Score of 9 out of 9: most of the nine accounting health tests pass.
  • Has raised its dividend for 5 years in a row.

Risks and weak spots

  • Fair value vs price is weak against Consumer Discretionary peers (1.0×).

Latest SEC filings

DateFormItems
3 Sep 20268-K5.02,7.01,9.01
6 Aug 202610-Q
6 Aug 20268-K2.02,9.01
3 Aug 20268-K5.07
18 Jun 2026DEF 14A
21 May 202610-K
21 May 20268-K2.02,9.01
5 Feb 202610-Q

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026