Ralph Lauren Corporation — Earnings Quality Grade C
RL · Consumer Cyclical
Some red flags
Screening Summary
管理层信号
数据来源：SEC EDGAR 8-K Item 5.02，附 Exhibit 99.1 链接
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 24 days, change -1 days YoY
AR growth 2.9% vs revenue growth 6.7%
Revenue 6.7%, CFFO 15.5%. Cash follows revenue
Expense Quality
Inventory 5.3% vs COGS 1.2%. Normal
CapEx growth 31.2% is >2x revenue growth 6.7%
SG&A/Gross Profit = 79.6%, exceeds 70%
Gross margin 68.6%, change +1.7pp. Stable
Cash Flow Quality
CFFO/NI = 1.66. Profits backed by cash
FCF $1.0B, FCF/NI = 1.37
Accruals ratio = -7.0%. Low accruals
Cash $2.1B covers 78% of debt $2.7B
Balance Sheet Health
Goodwill+Intangibles $1.0B = 37% of equity
Debt/EBITDA = 2.2x. Healthy
Other assets 9.1% vs revenue 6.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -1% YoY. Normal
Manipulation Score
M-Score = -2.82 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25