SIG vs TPR: Signet Jewelers and Tapestry compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Tapestry is the larger company, worth $23.8B, about 5.7 times Signet Jewelers.
- Tapestry grew revenue faster over the last year (+8.9% vs -0.5%).
- Tapestry keeps more of each dollar of revenue as operating profit (23.9% vs 6.8%).
- On earnings, Signet Jewelers is the cheaper stock (15.0x vs 35.9x).
- Tapestry's price assumes faster free cash flow growth: about -1% a year, against -7% for Signet Jewelers (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | SIG | TPR |
|---|---|---|
| Market cap | $4.2B | $23.8B |
| Share price | $105.22 | $116.24 |
| Revenue (last fiscal year) | $6.8B | $8.0B |
| Free cash flow (last fiscal year) | $525M | $1.8B |
| Revenue growth, last year | -0.5% | +8.9% |
| Revenue growth per year, last 5 fiscal years | -3.4% | +4.6% |
| Operating margin | 6.8% | 23.9% |
| Net margin | 5.2% | 19.1% |
| Return on equity | 19.3% | 220.7% |
| P/E (trailing) | 15.0x | 35.9x |
| Price / free cash flow | 8.00x | 21.7x |
| EV / EBITDA | 7.23x | 12.2x |
| FCF growth the price implies | -7.2% | -0.55% |
| Dividend yield | 1.3% | 1.3% |
| Debt / equity | 2.04x | 8.67x |
| Fundamental grade | D | B |
| Superinvestors holding it | 3 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Signet Jewelers
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $7.8B | $1.1B | 11.5% |
| 2023 | $7.8B | $659M | 7.7% |
| 2024 | $7.2B | $421M | 8.7% |
| 2025 | $6.7B | $438M | 1.7% |
| 2026 | $6.8B | $525M | 5.8% |
Tapestry
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $6.7B | $759M | 17.6% |
| 2023 | $6.7B | $791M | 17.6% |
| 2024 | $6.7B | $1.1B | 17.1% |
| 2025 | $7.0B | $1.1B | 5.9% |
| 2026 | $8.0B | $1.8B | 23.9% |
Where the revenue comes from
Signet Jewelers · by segments, 2026
North America$6.4B93%
International$410M6%
Other$40M1%
Tapestry · by segments, 2026
Coach$6.9B86%
Kate Spade$1.1B13%
Stuart Weitzman$15M0%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open SIG in InvestinglyQuestions
Which is bigger, Signet Jewelers or Tapestry?
Tapestry (TPR), at $23.8B against $4.2B.
Is SIG or TPR cheaper?
By trailing P/E, Signet Jewelers (15.0x) is cheaper than Tapestry (35.9x). A lower multiple can also mean the market expects less growth.
Which grows faster, SIG or TPR?
Tapestry: revenue grew +8.9% over the last year, against -0.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.