Tapestry, Inc. TPR
3 cents of every revenue dollar became profit this year.
Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.
Each USD of equity produced 10 cents of profit this year.
USD 299.3M in dividends and USD 1.7B in buybacks — 1102% of the year's profit, so the payout drew on cash built up earlier.
Compound annual rates per period — left blank where the series crosses a loss.
The share count shrank 25% in five years — the same company, cut into fewer, larger slices.
Net debt stands at 153% of equity.
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
Every figure was compared against the original statement: 2 failures and 0 presentation gaps.
We’d rather say what’s missing than fill the gap with an estimate.