What are Sportsman's Warehouse's profit margins?

Sportsman's Warehouse (SPWH) runs a 30.7% gross margin and a -2.9% operating margin, with a -4.2% net margin.

Where do Sportsman's Warehouse's ratios come from?

Every ratio is computed from Sportsman's Warehouse'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.

Sportsman's Warehouse SPWH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	30.9%0.0pp	30.9%+1.2pp	29.8%-3.1pp	32.9%+0.3pp
Operating margin	-3.1%—	——	-2%-6.1pp	4.1%-1.9pp
Net margin	-4.1%-1.4pp	-2.8%-0.5pp	-2.3%-5.1pp	2.9%-4.3pp
EBITDA margin	0.1%-1.7pp	1.8%+0.7pp	1.1%-5.4pp	6.4%-1.3pp
Free cash flow margin	0.7%-0.9pp	1.6%—	——	——
Returns
Return on equity	-23.6%-10.4pp	-13.2%-2.8pp	-10.4%-23.7pp	13.3%-28.5pp
Return on assets	-6.2%-2.4pp	-3.8%-0.5pp	-3.3%-8.1pp	4.8%-9.7pp
Return on invested capital	-6.3%-3.3pp	-3.1%+1.1pp	-4.2%-11.9pp	7.7%-6.8pp
Efficiency
Asset turnover	1.5×+0.1×	1.4×-0.1×	1.5×-0.2×	1.6×-0.4×
Liquidity
Current ratio	1.4×+0.1×	1.3×+0.1×	1.2×-0.2×	1.4×-0.2×
Quick ratio	1.4×+0.1×	1.3×+0.1×	1.2×-0.2×	1.4×-0.2×
Cash ratio	0×0.0×	0×0.0×	0×0.0×	0×-0.2×
Leverage
Debt-to-equity	2×+0.4×	1.6×+0.3×	1.3×+0.3×	1×+0.2×
Debt-to-assets	0.5×+0.1×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	217.1×+200×	17.5×-8.2×	25.8×+22.4×	3.4×+1.5×
Interest coverage	-2.7×-1.2×	-1.5×+0.4×	-2×-15.8×	13.8×-51.8×
Per Share
Book value per share	$4.91-21.2%	$6.23-11.7%	$7.06-2.0%	$7.20+2.1%
Valuation
Market capitalization	$51.9M-59.8%	$52M-61.5%	$135.22M-60.0%	$338.11M-32.6%
Enterprise value	$427.07M-16.3%	$429.79M-11.9%	$487.77M-24.0%	$641.67M-11.1%
Price / sales	0×-0.1×	0×-0.1×	0.1×-0.1×	0.2×-0.1×
Price / book	0.3×-0.3×	0.2×-0.3×	0.5×-0.6×	1.2×-0.4×
EV / EBITDA	210.6×+188×	20×-15.7×	35.7×+28.5×	7.1×+1.0×
EV / sales	0.4×-0.1×	0.4×0.0×	0.4×-0.1×	0.5×0.0×
Free cash flow yield	26.3%+31.4pp	37.7%—	——	——
Earnings yield	-99.9%-71.1pp	-63.6%-42.1pp	-21.4%-33.4pp	12%-9.7pp

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Questions, answered.

What are Sportsman's Warehouse's profit margins?: Sportsman's Warehouse (SPWH) runs a 30.7% gross margin and a -2.9% operating margin, with a -4.2% net margin.
Where do Sportsman's Warehouse's ratios come from?: Every ratio is computed from Sportsman's Warehouse'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.