AS vs RL
Amer Sports, Inc. and Ralph Lauren Corp., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AS | RL |
|---|---|---|
| Revenue | $6.6B | $8.1B |
| Net income | $427.4M | $941.1M |
| Gross margin | 57.6% | 69.9% |
| Net margin | 6.7% | 11.6% |
| Return on equity | 7.9% | 34.7% |
| Diluted EPS | $0.76 | $15.11 |
| Dividend / share | · | $3.65 |
| Payout ratio | · | 23.0% |
| Free cash flow | $513.3M | · |
| Equity | $5.8B | $2.8B |
| Net debt / equity | 0.05× | −0.26× |
| Current ratio | 1.50× | 2.13× |
| Revenue CAGR 5y | · | 13.0% |
| Profit CAGR 5y | · | · |
RL bills 1.2× the revenue of AS, and keeps more of each dollar of revenue as profit (11.6% against 6.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | AS | RL |
|---|---|---|
| FY2025 | $6.6B | $8.1B |
| FY2024 | $5.2B | $7.1B |
| FY2023 | $4.4B | $6.6B |
| FY2022 | $3.6B | $6.4B |
| FY2021 | $3.1B | $6.2B |
Bottom line
| Fiscal year | AS | RL |
|---|---|---|
| FY2025 | $427.4M | $941.1M |
| FY2024 | $72.6M | $742.9M |
| FY2023 | $-208.6M | $646.3M |
| FY2022 | $-252.7M | $522.7M |
| FY2021 | $-126.3M | $600.1M |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,548,300,000 | RL |
| FY2024 | −$1,895,700,000 | RL |
| FY2023 | −$2,231,000,000 | RL |
| FY2022 | −$2,872,400,000 | RL |
| FY2021 | −$3,152,000,000 | RL |
RL has reported the higher revenue in every one of these 5 fiscal years. The gap has narrowed since the earliest year compared.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.9 pp | RL |
| FY2024 | −9.0 pp | RL |
| FY2023 | −14.5 pp | RL |
| FY2022 | −15.2 pp | RL |
| FY2021 | −13.8 pp | RL |
RL has kept the higher net margin in every one of these 5 fiscal years.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AS's net margin has been more volatile than RL's over the 5 comparable fiscal years — 5.0 percentage points of standard deviation against 1.1.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
RL led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.