Five Below FIVE Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 36%+1.1pp | 34.9%-0.9pp | 35.8%+0.2pp | 35.6%-0.6pp | |
| Operating margin | 9.6%+1.2pp | 8.4%-2.5pp | 10.8%-0.4pp | 11.2%-2.1pp | |
| Net margin | 7.5%+1.0pp | 6.5%-1.9pp | 8.5%0.0pp | 8.5%-1.3pp | |
| EBITDA margin | 13.6%+1.0pp | 12.7%-1.8pp | 14.5%-0.1pp | 14.6%-1.7pp | |
| Returns | |||||
| Return on equity | 17.9%+3.0pp | 14.9%-5.5pp | 20.4%-0.6pp | 21.1%-6.8pp | |
| Return on assets | 7.7%+1.6pp | 6.2%-2.2pp | 8.4%-0.1pp | 8.4%-2.3pp | |
| Return on invested capital | 9.8%+2.5pp | 7.3%-2.9pp | 10.2%-0.4pp | 10.6%-3.5pp | |
| Efficiency | |||||
| Asset turnover | 1×+0.1× | 0.9×0.0× | 1×0.0× | 1×-0.1× | |
| Inventory turnover | 4×0.0× | 4.1×-0.1× | 4.1×+0.1× | 4×-0.9× | |
| Liquidity | |||||
| Current ratio | 2×+0.2× | 1.8×+0.1× | 1.7×-0.1× | 1.8×+0.2× | |
| Quick ratio | 1.1×+0.2× | 0.9×+0.1× | 0.9×0.0× | 0.9×+0.1× | |
| Cash ratio | 0.8×+0.3× | 0.4×+0.2× | 0.3×-0.3× | 0.6×+0.4× | |
| Leverage | |||||
| Debt-to-equity | 0.9×-0.2× | 1.1×0.0× | 1.1×0.0× | 1.1×-0.1× | |
| Debt-to-assets | 0.4×0.0× | 0.5×0.0× | 0.4×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 2×-1.3× | 3.4×+0.3× | 3×+0.4× | 2.6×-0.1× | |
| Interest coverage | 19.9×-1.9× | 21.8×-3.0× | 24.8×-114× | 138.5×— | |
| Per Share | |||||
| Book value per share | $39.56+20.7% | $32.79+15.1% | $28.50+16.6% | $24.43+22.8% | |
| Valuation | |||||
| Market capitalization | $10.57B+105% | $5.16B-47.9% | $9.91B-9.7% | $10.97B+20.2% | |
| Enterprise value | $11.88B+74.3% | $6.81B-40.6% | $11.46B-5.5% | $12.13B+17.1% | |
| Price / earnings | 29.5×+9.1× | 20.4×-12.5× | 32.9×-9.1× | 41.9×+9.2× | |
| Price / sales | 2.2×+0.9× | 1.3×-1.5× | 2.8×-0.8× | 3.6×+0.4× | |
| Price / book | 4.8×+2.0× | 2.9×-3.4× | 6.2×-1.8× | 8.1×-0.1× | |
| EV / EBITDA | 18.3×+4.4× | 13.9×-8.3× | 22.2×-4.7× | 26.9×+4.6× | |
| EV / sales | 2.5×+0.7× | 1.8×-1.5× | 3.2×-0.7× | 3.9×+0.3× | |
| Earnings yield | 3.4%-1.5pp | 4.9%+1.9pp | 3%+0.7pp | 2.4%-0.7pp | |
| PEG ratio | 0.7×— | —— | 2.2×— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Five Below's profit margins?
- Five Below (FIVE) runs a 36.8% gross margin and a 11.0% operating margin, with a 8.7% net margin.
- Where do Five Below's ratios come from?
- Every ratio is computed from Five Below'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.
