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Wayfair W Debt-to-equity

Discontinued — last reported Q3 '17

Debt-to-equity at other companies

Target logo
TargetTGT
1.1×-0.1×
Walmart
 logo
Walmart WMT
0.8×0.0×
Home Depot logo
Home DepotHD
4.5×-3.6×
Williams-Sonoma logo
Williams-SonomaWSM
0.8×+0.2×
Amazon logo
AmazonAMZN
0.5×0.0×
Burlington Stores logo
Burlington StoresBURL
3.2×-0.8×

Other financials

Income statement

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Revenue$2.9B+7.4%
Gross profit$880.0M+5.1%
Operating income-$11.0M+91.0%
Net income-$105.0M+7.1%
EPS (diluted)-$0.80+10.1%

Balance sheet

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Cash & equivalents$1.0B-25.0%
Total debt$3.6B-7.1%
Total equity-$2.8B-1.2%
Total assets$2.9B-16.1%

Cash flow

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Operating cash flow-$52.0M+45.8%
CapEx$25.0M+400%
Free cash flow-$77.0M+23.8%

Valuation

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Market cap$11.68B+142%
Enterprise value$14.32B+87.7%
P/S0.9×+0.5×

Profitability

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Gross margin30.1%-0.2pp
Operating margin1%+0.6pp
Net margin-2.4%-0.4pp
FCF margin3.9%+1.4pp

Returns & leverage

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Return on equity-380.2%
Current ratio0.8×-0.1×

Where this comes from

Calculated from Wayfair’s reported figures.

Based on the most recent quarter.

The official record: Wayfair’s 10-Q, filed November 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.