Tapestry Inc (TPR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TPR SEC filings page.
Tapestry Inc (TPR) reported $8.0B in revenue for fiscal year 2026, up 14.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Tapestry’s dominant mechanic is a sharp earnings reset followed by margin-led recovery, funded alongside a progressively more leveraged capital structure.
Operating margin rebounded from5.9% in FY2025 to23.9% in FY2026, a recovery too large to attribute to sales growth alone. Gross-margin expansion and a lower SG&A burden together indicate broad operating normalization and improved cost absorption, rather than volume being the only driver.
FY2026 operating cash flow of
FY2026 buybacks and dividends totaled
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tapestry Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tapestry Inc has an operating margin of 23.9%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 76/100, reflecting efficient cost management and pricing power. This is up from 5.9% the prior year.
Tapestry Inc's revenue grew 14.2% year-over-year to $8.0B, a solid pace of expansion. This earns a growth score of 64/100.
Tapestry Inc has a moderate D/E ratio of 3.46. This balance of debt and equity financing earns a leverage score of 55/100.
Tapestry Inc's current ratio of 1.75 indicates adequate short-term liquidity, earning a score of 51/100. The company can meet its near-term obligations, though with limited headroom.
Tapestry Inc converts 22.6% of revenue into free cash flow ($1.8B). This strong cash generation earns a score of 84/100.
Tapestry Inc earns a strong 220.7% return on equity (ROE), meaning it generates $221 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 82/100. This is up from 21.4% the prior year.
Tapestry Inc scores 3.96, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($22.7B) relative to total liabilities ($6.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tapestry Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Tapestry Inc generates $1.30 in operating cash flow ($2.0B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Tapestry Inc earns $16.05 in operating income for every $1 of interest expense ($1.9B vs $119.3M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Tapestry Inc generated $1.9B in revenue in Q4 2026. This represents an increase of 8.9% from the same quarter a year earlier. Against the prior quarter it is down 2.3%.
Tapestry Inc's EBITDA was $483.4M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 188.9% from the same quarter a year earlier. Against the prior quarter it is up 3.1%.
Tapestry Inc reported $347.8M in net income in Q4 2026. This represents an increase of 167.3% from the same quarter a year earlier. Against the prior quarter it is up 1.2%.
Tapestry Inc earned $1.69 per diluted share (EPS) in Q4 2026. This represents an increase of 173.5% from the same quarter a year earlier. Against the prior quarter it is up 2.4%.
Cash & Balance Sheet
Tapestry Inc generated $469.0M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 14.0% from the same quarter a year earlier. Against the prior quarter it is up 107.7%.
Tapestry Inc held $974.7M in cash against $2.4B in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
Tapestry Inc's gross margin was 83.3% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.
Tapestry Inc's operating margin was 23.6% in Q4 2026, reflecting core business profitability. This is up 57.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Tapestry Inc's net profit margin was 18.5% in Q4 2026, showing the share of revenue converted to profit. This is up 48.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Tapestry Inc's ROE was 50.2% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 110.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.
Capital Allocation
Tapestry Inc spent $302.7M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 466.9% from the same quarter a year earlier. Against the prior quarter it is up 101.5%.
Tapestry Inc invested $53.2M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 50.7% from the same quarter a year earlier. Against the prior quarter it is up 44.6%.
Not reported for Q4 2026.
TPR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B+8.9% | $1.9B+21.2% | $2.5B+14.0% | $1.7B+13.1% | $1.7B | $1.6B+6.9% | $2.2B+5.3% | $1.5B-0.4% |
| Cost of Revenue | $313.0M-23.3% | $444.1M+17.2% | $614.0M+9.2% | $404.1M+8.5% | $408.1M | $378.8M+1.0% | $562.3M-4.9% | $372.6M-10.3% |
| Gross Profit | $1.6B+18.9% | $1.5B+22.4% | $1.9B+15.6% | $1.3B+14.6% | $1.3B | $1.2B+8.9% | $1.6B+9.4% | $1.1B+3.4% |
| SG&A Expenses | $1.1B+7.4% | $1.0B+10.2% | $1.2B+2.8% | $972.3M+10.1% | $1.0B | $952.1M+5.4% | $1.1B+9.1% | $882.9M+4.5% |
| Operating Income | $442.3M+175.8% | $427.5M+68.5% | $716.4M+45.4% | $328.2M+30.2% | -$583.5M | $253.7M+24.2% | $492.8M+10.1% | $252.0M-0.5% |
| EBITDA | $483.4M+188.9% | $469.0M+58.9% | $757.4M+41.9% | $365.4M+24.8% | -$543.8M | $295.1M+20.8% | $533.7M+9.1% | $292.9M-1.5% |
| Interest Expense | $29.0M-1.4% | $29.3M-10.7% | $30.9M-64.0% | $30.1M-75.6% | $29.4M | $32.8M-74.8% | $85.8M-3.2% | $123.2M+452.5% |
| Income Tax | $81.0M+205.3% | $72.2M+101.7% | $135.8M+289.1% | $43.9M+12.3% | -$76.9M | $35.8M+18.9% | $34.9M-56.8% | $39.1M-10.1% |
| Net Income | $347.8M+167.3% | $343.8M+69.1% | $561.3M+80.8% | $274.8M+47.3% | -$517.1M | $203.3M+45.8% | $310.4M-3.7% | $186.6M-4.3% |
| EPS (Basic) | $1.73+173.6% | $1.70+73.5% | $2.75+95.0% | $1.32+63.0% | -$2.35-440.6% | $0.98+60.7% | $1.410.0% | $0.81-4.7% |
| EPS (Diluted) | $1.69+173.5% | $1.65+73.7% | $2.68+94.2% | $1.28+62.0% | -$2.30-438.2% | $0.95+58.3% | $1.38-0.7% | $0.79-6.0% |
| Diluted Shares (Avg) | N/A | 208M-2.6% | 210M-6.7% | 216M-8.6% | N/A | 214M-8.7% | 225M-2.9% | 236M+1.5% |
Not reported in any period shown, so not listed: R&D Expenses.
TPR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.7B+1.7% | $6.5B-11.5% | $6.5B-9.9% | $6.4B-53.7% | $6.6B-50.9% | $7.3B-46.8% | $7.3B-47.5% | $13.7B+92.2% |
| Current Assets | $2.9B-0.8% | $2.7B-5.0% | $2.8B+0.7% | $2.6B-71.3% | $2.9B-67.0% | $2.9B-68.2% | $2.8B-69.3% | $9.1B+279.6% |
| Cash & Equivalents | $974.7M-11.4% | $1.0B+0.8% | $1.1B+7.1% | $719.5M-88.9% | $1.1B-82.1% | $1.0B-85.1% | $983.4M-85.6% | $6.5B+938.9% |
| Short-Term Investments | $177.3M+804.6% | $22.1M+14.5% | $24.4M+24.5% | $23.7M-97.2% | $19.6M-98.2% | $19.3M-95.6% | $19.6M-96.9% | $842.3M+4943.7% |
| Inventory | $826.2M-4.0% | $843.9M-3.4% | $896.4M-4.4% | $1.0B-1.2% | $860.7M+4.4% | $873.5M+6.0% | $937.3M+13.6% | $1.0B+9.4% |
| Accounts Receivable | $237.1M-0.9% | $305.0M+19.2% | $338.0M+13.7% | $289.5M+3.8% | $239.3M+4.9% | $255.8M-7.6% | $297.4M+21.1% | $279.0M+5.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% |
| Goodwill | $957.7M-2.6% | $960.4M-21.0% | $966.7M-19.8% | $975.4M-20.8% | $983.3M-18.3% | $1.2B-0.1% | $1.2B-2.3% | $1.2B+1.1% |
| Total Liabilities | $6.0B+4.8% | $5.8B-0.5% | $6.0B+1.1% | $6.0B-44.5% | $5.7B-45.5% | $5.8B-46.9% | $5.9B-47.0% | $10.7B+127.4% |
| Current Liabilities | $1.6B+5.7% | $1.5B-9.3% | $1.7B-2.0% | $1.7B-7.3% | $1.6B-9.0% | $1.6B+19.2% | $1.8B+21.0% | $1.9B+55.2% |
| Non-Current Liabilities | $4.4B+4.5% | $4.3B+3.0% | $4.3B+2.4% | $4.2B-52.3% | $4.2B-52.6% | $4.2B-56.4% | $4.2B-57.1% | $8.9B+151.7% |
| Long-Term Debt | $2.4B0.0% | $2.4B0.0% | $2.4B0.0% | $2.4B-66.1% | $2.4B-65.8% | $2.4B-69.1% | $2.4B-69.2% | $7.1B+331.8% |
| Total Equity | $692.1M-19.3% | $682.4M-54.3% | $551.2M-58.8% | $399.5M-86.6% | $857.8M-70.4% | $1.5B-46.2% | $1.3B-49.8% | $3.0B+23.4% |
| Retained Earnings | -$3.2B-25.5% | -$3.2B-65.9% | -$3.3B-65.0% | -$3.4B-445.1% | -$2.6B-254.0% | -$1.9B-138.9% | -$2.0B-131.6% | -$617.0M+44.0% |
TPR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $522.2M+16.9% | $262.6M+82.0% | $1.1B+113.7% | $112.6M-5.8% | $446.8M | $144.3M+47.5% | $506.0M-38.8% | $119.5M+58.7% |
| Depreciation & Amortization | $45.2M+4.9% | $41.5M+0.2% | $41.0M+0.2% | $37.2M-9.0% | $43.1M | $41.4M+3.5% | $40.9M-1.4% | $40.9M-7.7% |
| Stock-Based Compensation | N/A | $27.9M+10.7% | $29.6M+35.8% | $22.4M+17.3% | N/A | $25.2M+6.8% | $21.8M-3.1% | $19.1M-3.0% |
| Capital Expenditures | $53.2M+50.7% | $36.8M+19.1% | $43.6M+41.1% | $32.4M+26.6% | $35.3M | $30.9M+62.6% | $30.9M+35.5% | $25.6M+22.5% |
| Free Cash Flow | $469.0M+14.0% | $225.8M+99.1% | $1.0B+118.4% | $80.2M-14.6% | $411.5M | $113.4M+43.9% | $475.1M-40.9% | $93.9M+72.6% |
| Investing Cash Flow | -$207.9M-507.9% | -$36.3M-16.3% | -$43.4M-105.5% | $69.3M-63.5% | -$34.2M | -$31.2M-118.5% | $789.3M+224.8% | $190.1M+933.8% |
| Financing Cash Flow | -$375.6M-2.4% | -$228.8M-601.8% | -$705.7M+89.5% | -$550.8M-639.3% | -$366.8M | -$32.6M+56.9% | -$6.7B-212.5% | -$74.5M+50.1% |
| Dividends Paid | $80.5M+10.6% | $81.0M+11.4% | $81.3M+12.3% | $83.3M+2.3% | $72.8M | $72.7M-9.7% | $72.4M-9.7% | $81.4M+1.5% |
| Share Buybacks | $302.7M+466.9% | $150.2M+187.2% | $403.5M-75.0% | $698.2M | $53.4M | $52.3M | $1.6B | $0 |
TPR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.3%+7.0pp | 76.9%+0.8pp | 75.5%+1.1pp | 76.3%+1.0pp | 76.3% | 76.1%+1.4pp | 74.4%+2.8pp | 75.3%+2.7pp |
| Operating Margin | 23.6%+57.4pp | 22.3%+6.3pp | 28.6%+6.2pp | 19.3%+2.5pp | -33.9% | 16.0%+2.2pp | 22.4%+1.0pp | 16.7%0.0pp |
| Net Margin | 18.5%+48.5pp | 17.9%+5.1pp | 22.4%+8.3pp | 16.1%+3.7pp | -30.0% | 12.8%+3.4pp | 14.1%-1.3pp | 12.4%-0.5pp |
| Return on Equity | 50.2%+110.5pp | 50.4%+36.8pp | 101.8%+78.6pp | 68.8%+62.5pp | -60.3% | 13.6%+8.6pp | 23.2%+11.1pp | 6.3%-1.8pp |
| Return on Assets | 5.2%+13.1pp | 5.3%+2.5pp | 8.6%+4.3pp | 4.3%+3.0pp | -7.9% | 2.8%+1.8pp | 4.3%+1.9pp | 1.4%-1.4pp |
| Current Ratio | 1.75-0.1x | 1.84+0.1x | 1.630.0x | 1.52-3.4x | 1.87-3.3x | 1.76-4.8x | 1.58-4.7x | 4.93+2.9x |
| Debt-to-Equity | 3.46+0.7x | 3.51+1.9x | 4.35+2.6x | 6.00+3.6x | 2.79+0.4x | 1.60-1.2x | 1.79-1.1x | 2.37+1.7x |
| Asset Turnover | 0.280.0x | 0.30+0.1x | 0.38+0.1x | 0.27+0.2x | 0.26 | 0.22+0.1x | 0.30+0.2x | 0.11-0.1x |
| FCF Margin | 25.0%+1.1pp | 11.8%+4.6pp | 41.5%+19.8pp | 4.7%-1.5pp | 23.9% | 7.2%+1.8pp | 21.6%-16.9pp | 6.2%+2.6pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Tapestry Inc TPR | FY2026 | $8.0B | $1.5B | 19.1% | $22.7B | 69/100 |
| Signet Jewelers SIG | FY2026 | $6.8B | $294.4M | 4.3% | $3.2B | 44/100 |
| Capri Holdings Limited CPRI | FY2026 | $3.5B | $79.0M | 2.3% | $1.5B | 31/100 |
| Movado Group MOV | FY2026 | $671.3M | $26.6M | 4.0% | $737.4M | 55/100 |
| Amer Sports AS | FY2025 | $6.6B | $440.4M | 6.7% | $16.7B | 42/100 |
| Ralph Lauren RL | FY2026 | $8.1B | $941.1M | 11.6% | $20.7B | 77/100 |
Where Tapestry Inc Ranks
Frequently Asked Questions
What is Tapestry Inc's annual revenue?
Tapestry Inc (TPR) reported $8.0B in total revenue for fiscal year 2026. This represents a 14.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tapestry Inc's revenue growing?
Tapestry Inc (TPR) revenue grew by 14.2% year-over-year, from $7.0B to $8.0B in fiscal year 2026.
Is Tapestry Inc profitable?
Yes, Tapestry Inc (TPR) reported a net income of $1.5B in fiscal year 2026, with a net profit margin of 19.1%.
What is Tapestry Inc's EBITDA?
Tapestry Inc (TPR) had EBITDA of $2.1B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Tapestry Inc have?
As of fiscal year 2026, Tapestry Inc (TPR) had $974.7M in cash and equivalents against $2.4B in long-term debt.
What is Tapestry Inc's gross margin?
Tapestry Inc (TPR) had a gross margin of 77.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tapestry Inc's operating margin?
Tapestry Inc (TPR) had an operating margin of 23.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Tapestry Inc's net profit margin?
Tapestry Inc (TPR) had a net profit margin of 19.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Tapestry Inc pay dividends?
Yes, Tapestry Inc (TPR) paid $1.60 per share in dividends during fiscal year 2026.
What is Tapestry Inc's return on equity (ROE)?
Tapestry Inc (TPR) has a return on equity of 220.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Tapestry Inc's free cash flow?
Tapestry Inc (TPR) generated $1.8B in free cash flow during fiscal year 2026. This represents a 65.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tapestry Inc's operating cash flow?
Tapestry Inc (TPR) generated $2.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Tapestry Inc's total assets?
Tapestry Inc (TPR) had $6.7B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Tapestry Inc's capital expenditures?
Tapestry Inc (TPR) invested $166.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Tapestry Inc's current ratio?
Tapestry Inc (TPR) had a current ratio of 1.75 as of fiscal year 2026, which is generally considered healthy.
What is Tapestry Inc's debt-to-equity ratio?
Tapestry Inc (TPR) had a debt-to-equity ratio of 3.46 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tapestry Inc's return on assets (ROA)?
Tapestry Inc (TPR) had a return on assets of 22.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Tapestry Inc's P/E ratio?
Tapestry Inc (TPR) trades at 14.8x earnings, its market capitalization divided by net income of $1.5B net income, FY2026. The market capitalization is $22.7B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tapestry Inc's price-to-sales ratio?
Tapestry Inc (TPR) trades at 2.8x sales, its market capitalization divided by revenue of $8.0B revenue, FY2026. The market capitalization is $22.7B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tapestry Inc's Altman Z-Score?
Tapestry Inc (TPR) has an Altman Z-Score of 3.96, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tapestry Inc's Piotroski F-Score?
Tapestry Inc (TPR) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tapestry Inc's earnings high quality?
Tapestry Inc (TPR) has an earnings quality ratio of 1.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tapestry Inc cover its interest payments?
Tapestry Inc (TPR) has an interest coverage ratio of 16.05x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tapestry Inc?
Tapestry Inc (TPR) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.