Ralph Lauren Corp. (RL) intrinsic value & 10-year financials
Ralph Lauren Corp. (RL) has a Graham intrinsic value of $501.89 per share. At $385.50 on Oct 17, 2026, the stock trades 23% below that value. Over the last 10 fiscal years revenue grew 2.2% a year to $8.1B, with an average return on invested capital of 12.9%.
- Graham intrinsic value
- $501.89
- Share price (Oct 17, 2026)
- $385.50
- Price vs Graham value
- 23% below
- Market cap
- $24.0B
- Revenue (FY2026)
- $8.1B
- Revenue growth (10-yr CAGR)
- 2.2%
- ROIC (10-yr avg)
- 12.9%
- Free cash flow (FY2026)
- —
RL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $8.1B | $941.1M | $15.11 | — | 14.5% | 28.1% |
| FY2025 | $7.1B | $742.9M | $11.61 | $1.0B | 13.2% | 23.2% |
| FY2024 | $6.6B | $646.3M | $9.71 | $904.9M | 11.4% | 18.8% |
| FY2023 | $6.4B | $522.7M | $7.58 | $193.5M | 10.9% | 14.6% |
| FY2022 | $6.2B | $600.1M | $8.07 | $549.0M | 12.8% | 17.9% |
| FY2021 | $4.4B | -$121.1M | -$1.65 | $273.1M | -1.0% | -1.3% |
| FY2020 | $6.2B | $384.3M | $4.98 | $484.3M | 5.1% | 8.9% |
| FY2019 | $6.3B | $430.9M | $5.27 | $586.1M | 8.9% | 13.1% |
| FY2018 | $6.2B | $162.8M | $1.97 | $813.5M | 8.1% | 8.4% |
| FY2017 | $6.7B | -$99.3M | -$1.20 | $668.3M | -1.4% | -2.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Ralph Lauren Corporation has demonstrated mature, steady growth, with revenue compounding at 2.2% annually over the past decade.
Ralph Lauren Corporation returns on capital have been average, hovering around 12.9% ROIC over the decade.
Over the decade, Ralph Lauren Corporation shows that management has aggressively returned capital to shareholders by retiring 24.7% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Ralph Lauren Corporation is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $501.89 per share.