Capri Holdings Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Capri Holdings Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	4,494	4,719	5,238	5,551	4,060	5,654	5,619	4,140	3,621	3,474
Cost of revenue	1,833	1,860	2,058	2,280	1,463	1,910	1,895	1,525	1,370	1,311
Gross profit	2,661	2,859	3,180	3,271	2,597	3,744	3,724	2,615	2,251	2,163
Selling, general and administrative	1,541	1,767	2,075	2,464	2,018	2,533	2,708	2,132	1,998	1,964
Selling and marketing	119	167	158	201	137	329	374	313	298	285
Operating expenses	1,971	2,110	2,445	3,463	2,578	2,841	3,045	2,556	2,277	2,140
Operating income	690	749	735	-192	19	903	679	59	-26	23
Other non-operating income	6	2	4	6	7	2	3	5	-8	5
Pre-tax income	689	742	621	-215	3	915	648	21	-2	107
Income tax	137	150	79	10	66	92	29	8	524	27
Income from continuing operations								13	-529	79
Net income to minority interests	-1	0	-1	-2	-1	1	3	0	3	1
Net income	553	592	543	-223	-62	822	616	-229	-1,182	137
EBITDA	888	931	923	8	184	1,096	858	191	106	144
EPS, basic	3.33	3.89	3.62	-1.48	-0.41	5.49	4.65	-1.96	-10.00	1.14
EPS, diluted	3.29	3.82	3.58	-1.48	-0.41	5.39	4.60	-1.96	-10.00	1.14
Shares, basic (weighted)	166	152	150	151	150	150	133	117	118	119
Shares, diluted (weighted)	168	155	152	151	150	152	134	118	118	120

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	228	163	172	592	232	169	249	199	107	135
Receivables	266	290	383	308	373	434	369	332	215	211
Inventory	549	661	953	827	736	1,096	1,057	862	701	581
Other current assets	122	148	221	167	205	192	195	215	156	226
Total current assets	1,165	1,262	1,729	1,894	1,546	1,891	1,870	1,608	1,521	1,153
Property, plant and equipment	592	583	615	561	485	476	552	579	393	371
Lease right-of-use assets				1,625	1,504	1,358	1,330	1,438	825	854
Goodwill	120	848	1,659	1,488	1,498	1,418	1,293	253	199	202
Intangible assets	418	1,236	2,293	1,986	1,992	1,847	1,728	1,394	582	562
Other non-current assets	42.3	74	242	167	178	250	226	212	99	92
Total assets	2,410	4,059	6,650	7,946	7,481	7,480	7,295	6,689	5,213	3,234
Accounts payable	176	294	371	428	512	555	475	352	379	311
Accrued liabilities	135	295	374	241	297	351	314	310	233	251
Deferred revenue	0.1	23	13	11	12	17	14	15	10	10
Short-term debt	133	200	630	167	123	29	5	462	24	14
Total current liabilities	566	960	1,542	1,401	1,621	1,566	1,450	1,695	1,336	954
Long-term debt	0	675	1,936	2,012	1,219	1,131	1,822	1,261	1,466	343
Lease liabilities				1,758	1,657	1,467	1,348	1,452	814	830
Other non-current liabilities	31	88	166	142	430	326	318	319	417	935
Total liabilities	815	2,037	4,214	5,778	5,324	4,922	5,446	5,089	4,841	3,150
Total debt	133	875	2,566	2,179	1,342	1,160	1,827	1,723	1,490	357
Paid-in capital	768	831	1,011	1,085	1,158	1,260	1,344	1,417	1,476	1,512
Retained earnings	3,560	4,152	4,707	4,332	4,270	5,092	5,708	5,479	4,297	4,434
Treasury stock	-2,655	-3,016	-3,223	-3,325	-3,326	-3,987	-5,351	-5,458	-5,462	-5,543
Other comprehensive income	-80.6	51	-66	75	56	194	147	161	57	-323
Shareholders' equity	1,593	2,018	2,429	2,167	2,158	2,559	1,848	1,599	368	80
Minority interests	2.4	4	3	1	-1	-1	1	1	4	4
Total equity	1,595	2,034	2,432	2,168	2,157	2,558	1,849	1,600	372	84
Total liabilities and equity	2,410	4,059	6,650	7,946	7,481	7,480	7,295	6,689	5,213	3,234
Shares outstanding	156	150	151	149	151	143	117	117	118	115

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	552	592	542	-225	-63	823	619	-229	-1,179	138
Depreciation and amortization	198	182	188	200	165	193	179	132	132	121
Stock-based compensation	34	50	60	70	71	85	78	55	50	34
Deferred income tax	-60	9	-71	-73	-70	-58	-101	-107	451	-10
Change in receivables	60	11	-23	42	-52	-78	50	20	49	0
Change in inventory	21	46	-125	115	145	-386	13	177	-39	133
Change in payables	37	-21	-48	63	50	69	-100	-34	115	-76
Cash from operations	1,035	1,062	694	859	624	704	771	309	281	77
Capital expenditures	-165	-120	-181	-223	-111	-131	-226	-135	-74	-63
Acquisitions	-481	-1,415	-1,875	-13	-13	0	0	0	-9	0
Cash from investing	-651	-1,533	-2,125	62	-124	58	183	-135	-53	1,219
Debt issued	1,240	2,520	4,204	2,282	2,443	945	4,061	1,737	3,329	2,304
Debt repaid	-1,093	-1,784	-2,560	-2,676	-3,311	-1,132	-3,474	-1,839	-3,547	-3,523
Stock issued	8	14	29	0	3	17	6	1	0	0
Share buybacks	-1,005	-361	-207	-102	-1	-661	-1,364	-107	-4	-81
Cash from financing	-850	389	1,451	-497	-870	-800	-776	-208	-242	-1,301
Exchange rate effect	-5.9
Net change in cash	-472	-67	9	420	-358	-62	84	-51	-30	-30
Free cash flow	870	942	513	636	513	573	545	174	207	14
Interest paid	4	11	45	80	52	37	58	96	87	45
Income taxes paid	171	104	172	98	45	43	133	156	125	102

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 27, 2026; growth uses fiscal years. Valuation uses the share price of $15.10 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	62.7%	Gross profit / revenue.
Operating margin	0.7%	Operating income / revenue.
EBITDA margin	4.2%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	3.5%	Pre-tax income / revenue.
Net margin	4.4%	Net income / revenue.
FCF margin	2.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	4.6%	Cash from operations / revenue.
Effective tax rate	21.0%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	110.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	4.8%	Net income / average total assets.
Return on invested capital (ROIC)	5.2%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	56.9%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.0%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	2.2%	Capital expenditures / revenue.
D&A / revenue	3.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-4.1%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-14.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-3.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-3.9%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-16.6%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	-3.6%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income CAGR, 3y	-67.6%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	3.9%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	35.8%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-44.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	-4.8%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income CAGR, 3y	-39.4%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 3y	-37.2%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-72.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-53.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-34.2%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-93.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-70.5%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-51.3%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-78.3%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-64.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-48.3%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-38.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-23.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-15.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.3%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-3.7%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-4.4%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.19x	Current assets / current liabilities.
Quick ratio	0.31x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.12x	(Cash + short-term investments) / current liabilities.
Debt / equity	2.45x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	10.5%	Total debt / total assets.
Liabilities / assets	95.5%	Total liabilities / total assets.
Net debt	$224.0M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	1.56x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$182.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	23.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$617.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.07x	Revenue / average total assets.
Fixed asset turnover	9.60x	Revenue / average property, plant and equipment.
Inventory turnover	2.06x	Cost of revenue / average inventory.
Days inventory	177 days	365 x average inventory / cost of revenue.
Receivables turnover	18.3x	Revenue / average receivables.
Days sales outstanding	20 days	365 x average receivables / revenue.
Days payables	99 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	98 days	Days inventory + days sales outstanding - days payables.
FCF conversion	54.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	47.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.32	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$29.70	Revenue / diluted weighted shares.
FCF per share	$0.72	Free cash flow / diluted weighted shares.
Operating cash flow per share	$1.36	Cash from operations / diluted weighted shares.
Book value per share	$1.21	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$5.43	Tangible book value / shares outstanding.
Cash per share	$1.00	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	161.4%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.72B	Share price x shares outstanding.
Enterprise value	$1.94B	Market cap + total debt - cash - short-term investments.
P/E	11.2x	Market cap / net income. Only when net income is positive.
P/S	0.50x	Market cap / revenue.
P/B	12.4x	Market cap / shareholders' equity. Only when equity is positive.
P/FCF	20.7x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	10.9x	Market cap / cash from operations, when positive.
EV/Sales	0.56x	Enterprise value / revenue.
EV/EBIT	80.8x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.5x	Enterprise value / EBITDA, when both are positive.
EV/FCF	23.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.8%	Free cash flow / market cap.
Earnings yield	8.9%	Net income / market cap (the inverse of P/E).
Shareholder yield	7.8%	(Dividends paid + share buybacks) / market cap.

What was Capri Holdings Ltd's revenue in fiscal 2026?

Capri Holdings Ltd reported revenue of $3.47B for fiscal 2026, 4.1% lower than the year before.

Was Capri Holdings Ltd profitable in fiscal 2026?

Yes. Net income was $137.0M, a net margin of 3.9%.

How much free cash flow did Capri Holdings Ltd generate in fiscal 2026?

Cash from operations of $77.0M minus capital expenditures of $63.0M left free cash flow of $14.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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