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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin58.8%+0.6pp58.8%+0.7pp58.7%+0.9pp58.6%+0.8pp58.2%+0.1pp
Operating margin3.9%+4.3pp3%+3.5pp1.4%+1.2pp0.4%-0.4pp-0.4%-1.5pp
Net margin2.3%+3.7pp1.5%+3.1pp-0.1%+0.8pp-0.8%+3.8pp-1.4%+2.7pp
EBITDA margin8.4%+3.9pp7.5%+3.1pp6.1%+0.8pp5.3%-0.9pp4.5%-2.1pp
Returns
Return on equity5.4%+8.5pp3.5%+7.0pp-0.3%+1.6pp-1.7%+7.6pp-3.1%+5.2pp
Return on assets2.3%+3.6pp1.5%+2.8pp-0.1%+0.6pp-0.7%+2.9pp-1.2%+2.0pp
Return on invested capital3.7%+4.2pp2.6%+3.3pp1.7%+1.6pp0.5%-0.4pp-0.5%-1.7pp
Efficiency
Asset turnover+0.1×+0.1×+0.1×0.9×+0.1×0.9×+0.1×
Inventory turnover8.5×+1.0×8.9×+1.8×+1.7×8.6×+1.5×7.5×+1.3×
Liquidity
Current ratio0.6×+0.1×0.5×0.0×0.5×0.0×0.5×0.0×0.5×-0.5×
Quick ratio0.4×0.0×0.3×0.0×0.3×0.0×0.3×-0.1×0.4×-0.3×
Cash ratio0.2×0.0×0.1×-0.1×0.1×-0.1×0.1×-0.2×0.2×-0.2×
Leverage
Debt-to-equity0.8×-0.2×0.8×-0.2×0.8×-0.2×0.8×-0.3×-0.1×
Debt-to-assets0.3×-0.1×0.4×-0.1×0.4×-0.1×0.4×-0.1×0.4×0.0×
Net debt / EBITDA3.7×-5.0×4.4×-4.8×5.4×-2.4×6.8×0.0×8.7×+2.0×
Per Share
Book value per share$11.02+4.5%$10.79+4.1%$10.58-1.0%$10.62-1.0%$10.55-1.2%
Valuation
Market capitalization$1.41B-22.0%$2.09B+133%$2.04B+149%$1.92B+68.8%$962.08M-29.7%
Enterprise value$2.03B-19.7%$2.74B+67.5%$2.68B+70.8%$2.59B+37.5%$1.69B-21.3%
Price / earnings30.3×70.6×
Price / sales0.7×-0.3×1.1×+0.6×1.1×+0.6×+0.4×0.5×-0.3×
Price / book1.6×-0.6×2.4×+1.3×2.4×+1.4×2.3×+0.9×1.2×-0.5×
EV / EBITDA12×-18.4×18.3×-1.9×22.9×+6.5×26.1×+8.9×20.2×+1.9×
EV / sales-0.4×1.4×+0.5×1.4×+0.5×1.4×+0.3×0.9×-0.3×
Earnings yield3.3%+4.7pp1.4%+4.6pp-0.1%+1.8pp-0.7%+6.4pp-2.7%+2.6pp

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Questions, answered.

What are National Vision Holdings, Inc.'s profit margins?
National Vision Holdings, Inc. (EYE) runs a 58.8% gross margin and a 3.9% operating margin, with a 2.3% net margin.
Where do National Vision Holdings, Inc.'s ratios come from?
Every ratio is computed from National Vision Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.