Skip to content

Five Below FIVE Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin36%+1.1pp34.9%-0.9pp35.8%+0.2pp35.6%-0.6pp
Operating margin9.6%+1.2pp8.4%-2.5pp10.8%-0.4pp11.2%-2.1pp
Net margin7.5%+1.0pp6.5%-1.9pp8.5%0.0pp8.5%-1.3pp
Returns
Return on equity17.9%+3.0pp14.9%-5.5pp20.4%-0.6pp21.1%-6.8pp
Return on invested capital9.8%+2.5pp7.3%-2.9pp10.2%-0.4pp10.6%-3.5pp
Efficiency
Asset turnover+0.1×0.9×0.0×0.0×-0.1×
Liquidity
Current ratio+0.2×1.8×+0.1×1.7×-0.1×1.8×+0.2×
Leverage
Debt-to-equity0.9×-0.2×1.1×0.0×1.1×0.0×1.1×-0.1×
Net debt / EBITDA-1.3×3.4×+0.3×+0.4×2.6×-0.1×
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%
Price / earnings29.5×+9.1×20.4×-12.5×32.9×-9.1×41.9×+9.2×
Price / sales2.2×+0.9×1.3×-1.5×2.8×-0.8×3.6×+0.4×
Price / book4.8×+2.0×2.9×-3.4×6.2×-1.8×8.1×-0.1×
EV / EBITDA18.3×+4.4×13.9×-8.3×22.2×-4.7×26.9×+4.6×

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.