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U.S. Luxury Industry Analysis

UpdatedJan 25, 2026
DataAggregated Company Financials
Companies64
  • 7D0.2%
  • 3M2.0%
  • 1Y-15.5%
  • YTD-0.09%

Over the last 7 days, the Luxury industry has remained flat, although notably lululemon athletica declined by 5.4%. Unfortunately though, the industry is down 16% over the past 12 months. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the U.S. Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Jan 2026US$271.8bUS$149.6bUS$9.1b19.7x30x1.8x
Tue, 23 Dec 2025US$265.0bUS$149.5bUS$9.1b20.3x29.3x1.8x
Thu, 20 Nov 2025US$249.2bUS$152.7bUS$10.1b19.3x24.8x1.6x
Sat, 18 Oct 2025US$260.3bUS$148.2bUS$9.7b19.4x26.8x1.8x
Mon, 15 Sep 2025US$273.4bUS$147.9bUS$9.9b20.5x27.5x1.8x
Wed, 13 Aug 2025US$280.2bUS$156.5bUS$11.2b18.2x25.1x1.8x
Fri, 11 Jul 2025US$292.9bUS$160.1bUS$10.3b17.1x28.5x1.8x
Sun, 08 Jun 2025US$276.0bUS$161.4bUS$11.6b16.8x23.8x1.7x
Tue, 06 May 2025US$255.9bUS$161.0bUS$11.5b14.9x22.2x1.6x
Thu, 03 Apr 2025US$269.2bUS$161.2bUS$11.2b15.7x24x1.7x
Sat, 01 Mar 2025US$319.9bUS$162.0bUS$11.4b17.6x28x2x
Mon, 27 Jan 2025US$342.3bUS$160.7bUS$11.5b18.6x29.9x2.1x
Wed, 25 Dec 2024US$335.8bUS$160.6bUS$11.5b18.7x29.3x2.1x
Fri, 22 Nov 2024US$299.3bUS$161.7bUS$11.7b18.4x25.5x1.9x
Sun, 20 Oct 2024US$314.9bUS$161.5bUS$10.7b19.5x29.3x1.9x
Tue, 17 Sep 2024US$298.3bUS$163.0bUS$11.2b17.8x26.7x1.8x
Thu, 15 Aug 2024US$288.6bUS$162.7bUS$11.0b16.5x26.2x1.8x
Sat, 13 Jul 2024US$290.4bUS$168.4bUS$11.3b17.9x25.7x1.7x
Mon, 10 Jun 2024US$340.7bUS$168.2bUS$10.8b18.8x31.5x2x
Wed, 08 May 2024US$318.6bUS$164.4bUS$11.7b19.1x27.3x1.9x
Fri, 05 Apr 2024US$317.8bUS$164.2bUS$11.5b18.3x27.7x1.9x
Sun, 03 Mar 2024US$353.4bUS$164.4bUS$10.8b18.6x32.7x2.1x
Tue, 30 Jan 2024US$340.9bUS$159.4bUS$10.9b17.8x31.2x2.1x
Thu, 28 Dec 2023US$353.1bUS$159.5bUS$11.0b17.8x32x2.2x
Sat, 25 Nov 2023US$331.2bUS$158.9bUS$10.4b16.4x31.9x2.1x
Mon, 23 Oct 2023US$309.2bUS$158.6bUS$10.5b15x29.4x2x
Wed, 20 Sep 2023US$292.5bUS$156.9bUS$10.6b13.5x27.7x1.9x
Fri, 18 Aug 2023US$316.8bUS$156.3bUS$10.4b14.6x30.4x2x
Sun, 16 Jul 2023US$322.6bUS$156.7bUS$10.7b13.4x30x2.1x
Tue, 13 Jun 2023US$314.3bUS$155.6bUS$11.2b12x28.1x2x
Thu, 11 May 2023US$341.8bUS$155.2bUS$11.5b11.7x29.8x2.2x
Sat, 08 Apr 2023US$338.3bUS$160.7bUS$10.9b12.3x31.1x2.1x
Mon, 06 Mar 2023US$341.4bUS$158.0bUS$11.6b12x29.3x2.2x
Wed, 01 Feb 2023US$357.8bUS$158.1bUS$13.0b11.4x27.6x2.3x
Price to Earnings Ratio

27.6x


Total Market Cap: US$357.8bTotal Earnings: US$13.0bTotal Revenue: US$158.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Luxury industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 28.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market-0.36%
Consumer Discretionary0.59%
Luxury0.18%
Footwear1.00%
Apparel, Accessories and Luxury Goods-0.71%
Textiles-2.90%
Industry PE
  • Investors are most optimistic about the Footwear industry which is trading above its 3-year average PE ratio of 27.5x.
    • Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings decline of 10.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 111% over the next 5 years.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NKE NIKEUS$65.041.0%
+US$977.1m		-11.6%PE38.1x
AS Amer SportsUS$37.721.9%
+US$382.7m		23.3%PE67.2x
VFC V.FUS$19.744.9%
+US$359.5m		-25.0%PE83.7x
ONON On HoldingUS$45.962.0%
+US$303.5m		-23.6%PE53.4x
RL Ralph LaurenUS$367.371.2%
+US$262.0m		43.5%PE26.1x

Latest News

WWW
US$18.02
Wolverine World Wide
7D
-6.6%
1Y
-22.0%
LULU
US$191.07
lululemon athletica
7D
-5.4%
1Y
-52.2%
NKE
US$65.04
NIKE
7D
1.0%
1Y
-11.6%

Nike - A Fundamental and Historical Valuation

Business Overview Key Metrics Total: 7/17 +1 ✅ Projected Operating Margin: 13.65% +0 ⚠️ Projected 5-Year Revenue CAGR: 5.88% +1 ✅ Last 5-Year ROIC: 18.60% +1 ✅ Estimated Cost of Capital: 11.54% (less than ROIC) +1 ✅ Last 5-Year Shares Outstanding CAGR: -1.28% +1 ✅ Projected 5-Year EPS CAGR: 16.37% +0 ⚠️ Projected 5-Year Dividend CAGR: 9.13% +1 ✅ Moody's Rating: A2 +2 ✅✅ Morningstar Moat: Wide -1 ❌ Morningstar Uncertainty: High Nike runs with a solid operating margin above the ~10% mark showing it still has some competitive advantage over competitors even with the maturity of its business and a highly competitive industry. Despite currently having revenue growth below the economy growth rate, its projections point to a slightly higher than economy growth rate of ~5-6% over the next couple of years.
ONON
US$45.96
On Holding
7D
2.0%
1Y
-23.6%

ONON: Beat And Raise Execution Will Support Future Margin Resilience

Analysts made only a slight trim to their fair value estimate for On Holding to about $62.32, as a small shift toward higher expected revenue growth and a richer future P/E multiple is being balanced by lower projected profit margins and a marginally higher discount rate, reflecting a blend of recent target cuts and raises across the Street. Analyst Commentary Recent research on On Holding reflects a mix of optimism and caution, with price targets moving both higher and lower around the latest quarterly results and company updates.
VFC
US$19.74
V.F
7D
4.9%
1Y
-25.0%

VFC: Margin Repair And Self Help Will Reframe Risk Reward Profile

Analysts have lifted their implied fair value estimate for V.F. to about $30.70 from roughly $27.85, citing Street price target increases and a view that modestly lower risk assumptions and slightly stronger margin expectations offset more cautious revenue growth forecasts and a marginally lower future P/E multiple. Analyst Commentary Street research on V.F. has leaned more constructive recently, with several bullish analysts lifting price targets and framing current levels as more aligned with a reset earnings base and margin profile.
TPR
US$130.04
Tapestry
7D
-0.5%
1Y
74.2%

TPR: Higher Price Views And Buybacks Will Support Balanced Long Term Outlook

Analysts have lifted their Tapestry fair value estimate by about US$6 to roughly US$131.50. This reflects slightly higher modeled revenue growth, a modestly lower discount rate, and a higher assumed future P/E multiple supported by recent price target increases across major research firms.
PVH
US$61.35
PVH
7D
-5.1%
1Y
-32.1%

PVH: Future Execution On Earnings Guidance Will Support Share Re Rating

The analyst price target for PVH has been adjusted modestly, with a US$1 move in fair value to US$79.0 as analysts factor in updated revenue growth and margin assumptions, along with recent Street research that includes a higher US$98 target from Jefferies. Analyst Commentary Recent updates from the Street have centered on refined revenue and margin assumptions for PVH, with the latest fair value estimate at US$79.0 sitting below a higher US$98 price target from Jefferies.
LEVI
US$21.24
Levi Strauss
7D
-2.4%
1Y
21.1%

LEVI: Future Returns Will Be Driven By AI Productivity And Direct To Consumer Strength

Analysts have nudged their price target on Levi Strauss higher to US$33 from US$32, pointing to modest adjustments in fair value estimates, discount rate, revenue growth, profit margin and future P/E assumptions as support for the new level. Analyst Commentary Recent research points to a slightly higher fair value for Levi Strauss at US$33 per share, with the move linked to fine tuning of core assumptions around growth, margins, the discount rate and future P/E levels.
UAA
US$6.35
Under Armour
7D
9.9%
1Y
-24.6%
RL
US$367.37
Ralph Lauren
7D
1.2%
1Y
43.5%
BIRK
US$39.55
Birkenstock Holding
7D
2.8%
1Y
-33.9%
AS
US$37.72
Amer Sports
7D
1.9%
1Y
23.3%

AS: Future Upside Will Rely On Firm Guidance And Improving Margins

Analysts have nudged their price target for Amer Sports higher from US$46.75 to about US$47.39, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple in their refreshed valuation work. What's in the News Amer Sports issued updated earnings guidance for the year ending December 31, 2025, with reported revenue growth expected in a range of 23% to 24%, including about a 100 basis point benefit from favorable FX at current exchange rates (company guidance).
DECK
US$99.98
Deckers Outdoor
7D
-0.7%
1Y
-54.0%

DECK: Heavier Discounting And Wholesale Strain Will Pressure Future Brand Health

The analyst fair value estimate for Deckers Outdoor has been revised from $97.00 to $81.00, reflecting a mix of lowered Street price targets, concerns about increased discounting at Hoka and Ugg, and more cautious assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Deckers Outdoor has shifted more cautious, with several bearish analysts trimming price targets or stepping back from prior positive ratings.
CROX
US$85.83
Crocs
7D
3.3%
1Y
-17.1%

CROX: Mixed Ratings And Promotion Pullback Will Shape Fairly Valued Shares

Analysts kept their fair value estimate for Crocs steady at US$89.75, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects a mixed but more balanced set of views after recent rating shifts and channel checks across the U.S. and China.
KTB
US$57.83
Kontoor Brands
7D
-2.7%
1Y
-36.6%

KTB: Helly Hansen Integration Will Reshape Brand Mix And Earnings Profile

Analysts have trimmed their fair value estimate for Kontoor Brands from $90.75 to $88.25, reflecting a slightly higher discount rate and lower future P/E expectations. At the same time, they highlight Helly Hansen driven growth potential and mixed brand trends, which are echoed in recent target changes across the Street.
FIGS
US$11.05
FIGS
7D
-4.7%
1Y
90.2%

FIGS: Upgraded Outlook Hinges On Strong Brand And Healthcare Apparel Demand

Analysts have lifted their FIGS fair value estimate from US$8.00 to US$15.00, reflecting updated assumptions for revenue growth, profit margins and future P/E, along with a series of recent price target increases from Barclays, Roth Capital, Morgan Stanley, Goldman Sachs and BTIG. Analyst Commentary Recent Street research around FIGS has leaned more constructive, with several bullish analysts lifting price targets and initiating positive coverage.