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Sally Beauty Holdings SBH · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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19.49

+6.44%

Close of 9 Nov 2026, in USD

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At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$3.70bn

FY2016FY2025

Net income

$195.9m

FY2016FY2025

Free cash flow

$172.7m

FY2016FY2025

Shareholders' equity

$794.2m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$3.70bn$3.72bn$3.73bn$3.82bn$3.87bn$3.51bn$3.88bn$3.93bn$3.94bn$3.95bn
Gross profit$1.91bn$1.89bn$1.89bn$1.94bn$1.95bn$1.72bn$1.91bn$1.94bn$1.96bn$1.96bn
Operating income$327.8m$282.7m$325.0m$337.6m$418.4m$258.8m$350.1m$426.6m$478.6m$498.3m
Net income$195.9m$153.4m$184.6m$183.6m$239.9m$113.2m$271.6m$258.0m$215.1m$222.9m
Diluted earnings per share1.941.461.701.682.100.992.322.131.671.54

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$2.87bn$2.79bn$2.73bn$2.58bn$2.85bn$2.90bn$2.10bn$2.10bn$2.12bn$2.13bn
Cash and short-term investments$149.2m$108.0m$123.0m$70.6m$401.0m$514.2m$71.5m$77.3m$63.8m$86.6m
Total liabilities$2.08bn$2.16bn$2.22bn$2.28bn$2.57bn$2.88bn$2.16bn$2.37bn$2.49bn$2.41bn
Debt$866.0m$982.4m$1.07bn$1.15bn$1.38bn$1.80bn$1.59bn$1.77bn$1.87bn$1.78bn
Shareholders' equity$794.2m$628.5m$508.7m$293.6m$280.7m$15.4m−$60.3m−$268.6m−$363.6m−$276.2m
Shares outstanding101m105m109m109m114m114m117m121m129m145m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$274.8m$246.5m$249.3m$156.5m$381.9m$426.9m$320.4m$372.7m$344.4m$351.0m
Capital spending−$102.1m−$101.2m−$90.7m−$99.3m−$73.9m−$110.9m−$107.8m−$86.5m−$89.7m−$151.2m
Free cash flow$172.7m$145.4m$158.6m$57.3m$308.0m$316.0m$212.7m$286.2m$254.7m$199.8m
Dividends paid——−$717,000−$6.9m—−$2.8m−$2.2m———

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$935.5m$903.4m$943.2m$947.1m$933.3m$883.1m$937.9m$935.0m
Gross profit$490.2m$475.3m$483.3m$494.1m$481.0m$458.8m$476.8m$479.2m
Operating income$86.4m$72.5m$75.9m$79.9m$78.2m$69.4m$72.1m$82.3m
Net income$54.1m$42.7m$45.6m$49.9m$45.7m$39.2m$61.0m$48.1m
Diluted earnings per share0.550.440.450.500.450.390.580.46
Cash from operations$80.0m$73.0m$93.0m$120.0m$69.0m$51.0m$33.0m$110.0m
Capital spending−$19.0m−$29.0m−$35.0m−$42.0m−$20.0m−$18.0m−$20.0m−$37.0m
Free cash flow$61.0m$44.0m$58.0m$78.0m$49.0m$33.0m$13.0m$73.0m
Total assets$2.88bn$2.85bn$2.85bn$2.87bn$2.74bn$2.71bn$2.71bn$2.79bn
Cash and short-term investments$173.1m$157.4m$157.2m$149.2m$112.8m$92.2m$105.5m$108.0m
Debt$969.3m$984.1m$1.00bn$1.02bn$1.04bn$1.06bn$1.09bn$1.12bn
Shareholders' equity$871.5m$837.9m$823.6m$794.2m$762.9m$699.8m$656.5m$628.5m

Financial ratios

Data as of 2 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin51.6%50.9%50.8%50.8%50.4%48.8%
Operating margin8.9%7.6%9.1%10.3%11.0%7.8%
Net margin5.3%4.1%5.0%4.8%6.2%3.2%
Return on equity24.7%24.4%36.3%62.5%85.4%733.3%
Return on assets6.8%5.5%6.8%7.1%8.4%3.9%
Free cash flow yield20.6%18.2%17.2%12.9%22.0%26.0%
Revenue growth-0.4%-0.3%-2.3%-1.5%10.3%-9.3%
Earnings growth27.7%-16.9%0.6%-23.5%111.8%-58.3%
Current ratio2.26x2.20x2.12x1.70x2.08x2.54x
Debt to equity1.29x1.78x2.40x4.46x5.48x126.25x
Equity ratio27.7%22.5%18.7%11.4%9.9%0.5%
Interest coverage5.09x3.71x4.64x4.20x4.57x2.76x
Buybacks as a share of market value4.0%3.4%0.7%4.0%-0.1%2.8%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.0%1.0%-0.4%
Operating income-1.0%4.8%-4.0%
Net income2.2%11.6%-1.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin51.2%51.0%50.6%50.1%
Operating margin8.2%8.5%8.7%10.0%
Net margin4.7%4.8%4.8%5.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings7.37.27.87.58.813.17.98.011.217.2
Price to sales0.40.30.40.40.50.40.60.50.61.0

Market value over time

30 Nov 2016 to 30 Oct 2026, in USD

$3.76bn$1.78bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return25%-7%8%-31%48%-33%4%-6%-33%-3%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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