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U.S. Luxury Industry Analysis

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies68
  • 7D1.5%
  • 3M0.7%
  • 1Y-1.6%
  • YTD-9.6%

In the last week, the Luxury industry is up 1.5%, with Ralph Lauren up 4.0%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026US$249.0bUS$156.8bUS$8.7b23.8x28.6x1.6x
Sat, 16 May 2026US$223.0bUS$156.7bUS$7.4b21.5x30.3x1.4x
Mon, 13 Apr 2026US$241.4bUS$155.8bUS$7.0b20.2x34.3x1.5x
Wed, 11 Mar 2026US$256.5bUS$155.5bUS$7.8b19.2x32.9x1.6x
Fri, 06 Feb 2026US$271.8bUS$153.8bUS$8.0b20.7x33.8x1.8x
Sun, 04 Jan 2026US$272.1bUS$149.5bUS$9.1b20x30x1.8x
Tue, 02 Dec 2025US$264.7bUS$149.2bUS$9.7b21.4x27.4x1.8x
Thu, 30 Oct 2025US$262.5bUS$148.3bUS$9.7b19.5x27.1x1.8x
Sat, 27 Sep 2025US$265.7bUS$147.9bUS$9.9b20.8x26.8x1.8x
Mon, 25 Aug 2025US$296.8bUS$157.2bUS$10.6b20x28.1x1.9x
Wed, 23 Jul 2025US$294.0bUS$160.3bUS$10.3b16.3x28.4x1.8x
Fri, 20 Jun 2025US$262.2bUS$161.4bUS$11.5b15.4x22.7x1.6x
Sun, 18 May 2025US$290.0bUS$161.4bUS$11.5b17.6x25.1x1.8x
Tue, 15 Apr 2025US$236.2bUS$161.7bUS$11.4b13.4x20.7x1.5x
Thu, 13 Mar 2025US$288.7bUS$162.1bUS$11.5b16.8x25x1.8x
Sat, 08 Feb 2025US$331.8bUS$161.5bUS$11.1b17.8x29.9x2.1x
Mon, 06 Jan 2025US$329.1bUS$160.6bUS$11.5b18.8x28.7x2x
Wed, 04 Dec 2024US$332.5bUS$162.9bUS$11.5b20.1x28.9x2x
Fri, 01 Nov 2024US$298.0bUS$161.9bUS$11.6b18x25.6x1.8x
Sun, 29 Sep 2024US$324.9bUS$163.1bUS$11.1b19.1x29.2x2x
Tue, 27 Aug 2024US$310.1bUS$162.9bUS$11.1b18.3x28x1.9x
Thu, 25 Jul 2024US$287.4bUS$168.4bUS$11.3b17.1x25.4x1.7x
Sat, 22 Jun 2024US$335.5bUS$168.1bUS$10.8b18.7x31x2x
Mon, 20 May 2024US$319.0bUS$163.9bUS$11.5b20x27.7x1.9x
Wed, 17 Apr 2024US$307.9bUS$164.3bUS$11.5b17.7x26.7x1.9x
Fri, 15 Mar 2024US$353.0bUS$164.4bUS$11.1b17.6x31.9x2.1x
Sun, 11 Feb 2024US$348.7bUS$159.0bUS$10.4b19x33.6x2.2x
Tue, 09 Jan 2024US$335.7bUS$159.4bUS$11.0b17.8x30.4x2.1x
Thu, 07 Dec 2023US$353.9bUS$158.9bUS$10.8b17x32.7x2.2x
Sat, 04 Nov 2023US$321.3bUS$159.0bUS$10.3b14.5x31.1x2x
Mon, 02 Oct 2023US$292.8bUS$157.1bUS$10.5b13.2x27.8x1.9x
Wed, 30 Aug 2023US$305.7bUS$156.2bUS$10.4b14.5x29.3x2x
Fri, 28 Jul 2023US$326.4bUS$156.7bUS$10.7b13.8x30.4x2.1x
Sun, 25 Jun 2023US$317.1bUS$155.6bUS$11.2b11.6x28.3x2x
Price to Earnings Ratio

28.3x


Total Market Cap: US$317.1bTotal Earnings: US$11.2bTotal Revenue: US$155.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.7x202420252026
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 28.7x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 8.0% 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 Market2.32%
Consumer Discretionary2.35%
Luxury1.50%
Apparel, Accessories and Luxury Goods1.92%
Footwear1.01%
Textiles0.23%
Industry PE
  • Investors are most optimistic about the Footwear industry, which is trading close to its 3-year average PE ratio of 27.1x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings growth of 13.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 113% 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
RL Ralph LaurenUS$403.857.3%
+US$1.6b		50.8%PE25.5x
TPR TapestryUS$145.873.5%
+US$1.0b		73.2%PE44.5x
AS Amer SportsUS$35.104.0%
+US$779.6m		-3.0%PE44.6x
BIRK Birkenstock HoldingUS$46.956.8%
+US$551.7m		-10.7%PE21.1x
NKE NIKEUS$44.190.5%
+US$340.6m		-25.7%PE29.1x

Latest News

LULU
US$111.76
lululemon athletica
7D
-6.0%
1Y
-51.1%
AS
US$35.10
Amer Sports
7D
4.0%
1Y
-3.0%
LEVI
US$23.39
Levi Strauss
7D
1.9%
1Y
32.8%
KTB
US$75.07
Kontoor Brands
7D
-1.1%
1Y
16.7%
TPR
US$145.87
Tapestry
7D
3.5%
1Y
73.2%
Narrative Update • Jun 16

TPR: International Expansion And AI Adoption Will Support Higher Future P/E Multiple

For Tapestry, the analyst price target has been adjusted from $200 to $205, with analysts pointing to slightly higher margin expectations and a modestly higher future P/E assumption as key drivers of the change. Analyst Commentary Recent research highlights a constructive tone around Tapestry, with several bullish analysts adjusting their outlooks and price targets in response to company updates and meetings with management.
RL
US$403.85
Ralph Lauren
7D
7.3%
1Y
50.8%
Analysis Article • Jun 16

Ralph Lauren (RL) Stock After Q1 Beat And Softer Oil Prices Is The Valuation Premium Still Justified

Ralph Lauren (RL) has been back in focus after first quarter 2026 results beat Wall Street expectations. In addition, falling oil prices improved the consumer spending backdrop, lifting the stock to a fresh 52 week high. See our latest analysis for Ralph Lauren. The recent first quarter earnings beat and easing energy costs have coincided with strong momentum, with a 30 day share price return of 26.18% and a 1 year total shareholder return of 54.33%. If this kind of consumer strength has your...
CROX
US$124.53
Crocs
7D
2.1%
1Y
24.4%
SHOO
US$42.84
Steven Madden
7D
-3.1%
1Y
84.3%
Narrative Update • Jun 15

SHOO: EPS Recovery Risks Will Pressure Shares Despite Raised 2026 Guidance

Analysts have lifted their average price target on Steven Madden to $52 from $45. They cite supportive fashion trends, the Kurt Geiger acquisition, and expectations for margin and EPS recovery as key reasons behind the reassessment.
ONON
US$37.72
On Holding
7D
-0.7%
1Y
-27.3%
Seeking Alpha • Jun 14

On Holdings: Sprinting For Growth

Summary ON is capturing a clear athleisure opportunity by offering premium, comfortable sneakers that work across performance, leisure and smart-casual settings. The brand has strong momentum, with rapid revenue growth and high gross margins. The valuation looks reasonable at around 22x forward earnings, which appears undemanding for a company still growing sales above 20% and improving profitability. The main risks are fashion cyclicality and management transition, but founder involvement and the company’s distinctive brand identity provide some reassurance. Read the full article on Seeking Alpha
OXM
US$35.84
Oxford Industries
7D
-17.2%
1Y
-12.0%
BIRK
US$46.95
Birkenstock Holding
7D
6.8%
1Y
-10.7%
PVH
US$76.42
PVH
7D
-2.4%
1Y
17.8%
NKE
US$44.19
NIKE
7D
0.5%
1Y
-25.7%
Seeking Alpha • Jun 11

Nike: 29 Times Earnings And Negative Guidance

Summary Nike trades at a historically normal multiple despite management guiding for declining revenue, margin pressure, and a 20% drop in Greater China. Current valuation assumes a rapid earnings recovery, yet management forecasts further declines over the next two quarters, challenging the Buy consensus and $60 price target. Sell-side analysts maintain a Buy rating and 34% upside target, but this appears disconnected from Nike's own guidance and recent earnings trajectory. While a relief rally is possible if Q4 beats low expectations, the competitive landscape and structural challenges suggest the era of premium multiples may be over. Read the full article on Seeking Alpha
FIGS
US$12.28
FIGS
7D
7.0%
1Y
133.9%
DECK
US$105.72
Deckers Outdoor
7D
-4.9%
1Y
4.7%
ZGN
US$13.91
Ermenegildo Zegna
7D
-3.4%
1Y
53.5%
Narrative Update • Jun 06

ZGN: Fair Value Views Will Reflect Vertically Integrated Margins And P/E Expectations

Narrative Update Overview Analysts have lifted their price targets on Ermenegildo Zegna, including one move from $13 to $15, citing improving fundamentals supported by a durable, vertically integrated core business; stabilization at Tom Ford and Thom Browne; and better earnings visibility as wholesale rationalization moderates and direct to consumer momentum continues. Analyst Commentary Recent research points to a more constructive tone around Ermenegildo Zegna, with price targets referenced at around US$15, up from about US$13, tied to views on the business model and earnings visibility.