Carters profit margin CRI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 6.5%
- Operating margin, 12 months
- 9.5%
- Net margin on a year earlier
- +1.8 pts
- Peer median
- 6.0%
Over the twelve months to Jul 4, 2026, Carters kept 6.5% of its revenue as net profit, with an operating margin of 9.5% and a gross margin of 48.6%.
Five years earlier its net margin was 10.0%.
The median for 9 apparel manufacturers stocks of a similar size is 6.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 3.2% | 5.0% | 45.4% |
| FY2024 | 6.5% | 9.0% | 48.0% |
| FY2023 | 7.9% | 11.0% | 47.4% |
| FY2022 | 7.8% | 11.8% | 45.8% |
| FY2021 | 9.7% | 14.3% | 47.7% |
| FY2020 | 3.6% | 6.3% | 43.4% |
| FY2019 | 7.5% | 10.6% | 42.9% |
| FY2018 | 8.1% | 11.3% | 43.3% |
| FY2017 | 8.9% | 12.3% | 43.6% |
| FY2016 | 8.1% | 13.3% | 43.1% |
| FY2015 | 7.9% | 13.0% | 41.7% |
| FY2014 | 6.7% | 11.5% | 40.9% |
| FY2013 | 6.1% | 10.0% | 41.5% |
| FY2012 | 6.8% | 11.0% | 39.4% |
| FY2011 | 5.4% | 8.9% | 32.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.5% | +1.8 pts | 9.5% | |
| Q1 FY26 | 3.1% | −2.7 pts | 5.0% | |
| Q4 FY25 | 3.2% | −3.4 pts | 5.0% | |
| Q3 FY25 | 3.1% | −5.0 pts | 5.0% | |
| Q2 FY25 | 4.8% | −3.5 pts | 6.7% | |
| Q1 FY25 | 5.8% | −2.3 pts | 8.0% | |
| Q4 FY24 | 6.5% | −1.4 pts | 9.0% | |
| Q3 FY24 | 8.1% | +1.2 pts | 10.8% | |
| Q2 FY24 | 8.3% | +1.5 pts | 11.3% | |
| Q1 FY24 | 8.1% | +1.1 pts | 11.1% | |
| Q4 FY23 | 7.9% | +0.1 pts | 11.0% | |
| Q3 FY23 | 6.9% | −1.1 pts | 9.9% |
Against its peers
Companies in Apparel - Manufacturers nearest Carters' size, closest first, today.
| Company | Profit margin |
|---|---|
| CRICarters | 6.5% |
| GIIIG III Apparel | 4.8% |
| COLMColumbia Sportswear | 6.0% |
| FIGSFIGS | 8.7% |
| KTBKontoor Brands | 8.7% |
| JILLJ.Jill | 4.6% |
| VFCV F | 2.9% |
| SGCSuperior Group of Companies | 1.4% |
| LEVILevi Strauss | 8.8% |
| LULUlululemon athletica inc. | 12.8% |
| Peer median | 6.0% |
Where Carters ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Carters
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.