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Side-by-side financial comparison of Tapestry, Inc. (TPR) and Xcel Energy (XEL). Click either name above to swap in a different company.

Xcel Energy is the larger business by last-quarter revenue ($4.0B vs $2.5B, roughly 1.6× Tapestry, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs 13.8%, a 8.6% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 2.9%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 15.2%).

Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

TPR vs XEL — Head-to-Head

Bigger by revenue
XEL
XEL
1.6× larger
XEL
$4.0B
$2.5B
TPR
Growing faster (revenue YoY)
TPR
TPR
+11.0% gap
TPR
14.0%
2.9%
XEL
Higher net margin
TPR
TPR
8.6% more per $
TPR
22.4%
13.8%
XEL
Faster 2-yr revenue CAGR
TPR
TPR
Annualised
TPR
29.9%
15.2%
XEL

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
TPR
TPR
XEL
XEL
Revenue
$2.5B
$4.0B
Net Profit
$561.3M
$556.0M
Gross Margin
75.5%
Operating Margin
28.6%
18.8%
Net Margin
22.4%
13.8%
Revenue YoY
14.0%
2.9%
Net Profit YoY
80.8%
EPS (diluted)
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TPR
TPR
XEL
XEL
Q1 26
$4.0B
Q4 25
$2.5B
$3.6B
Q3 25
$1.7B
$3.9B
Q2 25
$1.7B
$3.3B
Q1 25
$1.6B
$3.9B
Q4 24
$2.2B
$3.1B
Q3 24
$1.5B
$3.6B
Q2 24
$1.6B
$3.0B
Net Profit
TPR
TPR
XEL
XEL
Q1 26
$556.0M
Q4 25
$561.3M
$567.0M
Q3 25
$274.8M
$524.0M
Q2 25
$-517.1M
$444.0M
Q1 25
$203.3M
$483.0M
Q4 24
$310.4M
$464.0M
Q3 24
$186.6M
$682.0M
Q2 24
$159.3M
$302.0M
Gross Margin
TPR
TPR
XEL
XEL
Q1 26
Q4 25
75.5%
Q3 25
76.3%
Q2 25
76.3%
Q1 25
76.1%
Q4 24
74.4%
Q3 24
75.3%
Q2 24
74.9%
Operating Margin
TPR
TPR
XEL
XEL
Q1 26
18.8%
Q4 25
28.6%
16.3%
Q3 25
19.3%
19.1%
Q2 25
-33.9%
17.6%
Q1 25
16.0%
17.3%
Q4 24
22.4%
11.1%
Q3 24
16.7%
25.0%
Q2 24
14.8%
14.8%
Net Margin
TPR
TPR
XEL
XEL
Q1 26
13.8%
Q4 25
22.4%
15.9%
Q3 25
16.1%
13.4%
Q2 25
-30.0%
13.5%
Q1 25
12.8%
12.4%
Q4 24
14.1%
14.9%
Q3 24
12.4%
18.7%
Q2 24
10.0%
10.0%
EPS (diluted)
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$2.68
$0.95
Q3 25
$1.28
$0.88
Q2 25
$-2.30
$0.75
Q1 25
$0.95
$0.84
Q4 24
$1.38
$0.81
Q3 24
$0.79
$1.21
Q2 24
$0.67
$0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TPR
TPR
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$2.4B
$35.6M
Stockholders' EquityBook value
$551.2M
Total Assets
$6.5B
Debt / EquityLower = less leverage
4.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$1.1B
Q3 25
$743.2M
$1.1B
Q2 25
$1.1B
$1.5B
Q1 25
$1.1B
$1.1B
Q4 24
$1.0B
$179.0M
Q3 24
$7.3B
$1.5B
Q2 24
$7.2B
$1.6B
Total Debt
TPR
TPR
XEL
XEL
Q1 26
$35.6M
Q4 25
$2.4B
$31.8B
Q3 25
$2.4B
$32.0B
Q2 25
$2.4B
$31.1B
Q1 25
$2.4B
$29.4B
Q4 24
$2.4B
$27.3B
Q3 24
$7.0B
$27.5B
Q2 24
$6.9B
$27.7B
Stockholders' Equity
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$551.2M
$23.6B
Q3 25
$399.5M
$21.2B
Q2 25
$857.8M
$21.0B
Q1 25
$1.5B
$19.8B
Q4 24
$1.3B
$19.5B
Q3 24
$3.0B
$19.4B
Q2 24
$2.9B
$18.0B
Total Assets
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$6.5B
$81.4B
Q3 25
$6.4B
$79.2B
Q2 25
$6.6B
$75.3B
Q1 25
$7.3B
$72.7B
Q4 24
$7.3B
$70.0B
Q3 24
$13.7B
$69.3B
Q2 24
$13.4B
$67.9B
Debt / Equity
TPR
TPR
XEL
XEL
Q1 26
Q4 25
4.32×
1.35×
Q3 25
5.95×
1.51×
Q2 25
2.77×
1.48×
Q1 25
1.59×
1.48×
Q4 24
1.78×
1.40×
Q3 24
2.35×
1.42×
Q2 24
2.39×
1.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TPR
TPR
XEL
XEL
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
41.5%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$1.1B
$209.0M
Q3 25
$112.6M
$1.8B
Q2 25
$446.8M
$1.1B
Q1 25
$144.3M
$1.0B
Q4 24
$506.0M
$664.0M
Q3 24
$119.5M
$1.7B
Q2 24
$256.0M
$1.2B
Free Cash Flow
TPR
TPR
XEL
XEL
Q1 26
Q4 25
$1.0B
$-3.2B
Q3 25
$80.2M
$-1.3B
Q2 25
$411.5M
$-1.3B
Q1 25
$113.4M
$-960.0M
Q4 24
$475.1M
$-1.6B
Q3 24
$93.9M
$-42.0M
Q2 24
$209.8M
$-641.0M
FCF Margin
TPR
TPR
XEL
XEL
Q1 26
Q4 25
41.5%
-90.7%
Q3 25
4.7%
-33.0%
Q2 25
23.9%
-40.9%
Q1 25
7.2%
-24.6%
Q4 24
21.6%
-49.8%
Q3 24
6.2%
-1.2%
Q2 24
13.2%
-21.2%
Capex Intensity
TPR
TPR
XEL
XEL
Q1 26
Q4 25
1.7%
96.5%
Q3 25
1.9%
78.0%
Q2 25
2.0%
73.8%
Q1 25
2.0%
50.9%
Q4 24
1.4%
71.1%
Q3 24
1.7%
48.8%
Q2 24
2.9%
60.5%
Cash Conversion
TPR
TPR
XEL
XEL
Q1 26
Q4 25
1.93×
0.37×
Q3 25
0.41×
3.37×
Q2 25
2.43×
Q1 25
0.71×
2.13×
Q4 24
1.63×
1.43×
Q3 24
0.64×
2.55×
Q2 24
1.61×
3.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TPR
TPR

Coach$1.4B57%
Other$787.0M31%
Kate Spade Company$290.0M12%

XEL
XEL

Electric$3.0B74%
Natural gas$1.0B26%

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