Wayfair W Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.1%-0.1pp | 30.2%0.0pp | 30.2%-0.1pp | 30.3%0.0pp | 30.3%+0.1pp | |
| Operating margin | 1%+0.9pp | 0.1%+1.6pp | -1.5%+1.0pp | -2.5%+0.5pp | -2.9%+1.0pp | |
| Net margin | -2.4%+0.1pp | -2.5%+0.1pp | -2.7%-0.2pp | -2.5%+0.5pp | -3%+1.1pp | |
| EBITDA margin | 3.3%+0.7pp | 2.6%+1.4pp | 1.1%+0.8pp | 0.4%+0.3pp | 0.1%+0.8pp | |
| Free cash flow margin | 3.9%+0.1pp | 3.7%+0.2pp | 3.5%+0.7pp | 2.8%+0.3pp | 2.5%+0.4pp | |
| Returns | ||||||
| Return on assets | -9.7%-0.6pp | -9.1%+0.9pp | -10%-1.0pp | -8.9%+1.8pp | -10.7%+3.5pp | |
| Efficiency | ||||||
| Asset turnover | 4×+0.4× | 3.6×-0.1× | 3.7×+0.2× | 3.6×0.0× | 3.6×+0.1× | |
| Inventory turnover | 105.4×-12.9× | 118.3×+5.1× | 113.2×+12.9× | 100.3×+3.7× | 96.6×-13.0× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.2× | 0.9×+0.2× | 0.7×-0.1× | 0.8×0.0× | 0.8×0.0× | |
| Quick ratio | 0.7×-0.2× | 0.9×+0.2× | 0.7×-0.1× | 0.8×0.0× | 0.8×0.0× | |
| Cash ratio | 0.5×-0.2× | 0.7×+0.2× | 0.5×-0.1× | 0.6×0.0× | 0.6×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 1.3×0.0× | 1.2×0.0× | 1.2×+0.1× | 1.1×0.0× | 1.1×-0.1× | |
| Net debt / EBITDA | 6.3×-2.5× | 8.8×— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | -$21.69+0.2% | -$21.73-2.1% | -$21.29-1.0% | -$21.08+4.7% | -$22.12+1.3% | |
| Valuation | ||||||
| Market capitalization | $9.83B-24.9% | $13.09B+13.0% | $11.58B+78.1% | $6.5B+60.0% | $4.06B-26.8% | |
| Enterprise value | $12.46B-21.6% | $15.91B+11.9% | $14.21B+59.1% | $8.93B+34.5% | $6.64B-21.5% | |
| Price / sales | 0.8×-0.3× | 1.1×+0.1× | 0.9×+0.4× | 0.5×+0.2× | 0.3×-0.1× | |
| EV / EBITDA | 29.7×-19.7× | 49.4×— | —— | —— | —— | |
| EV / sales | 1×-0.3× | 1.3×+0.1× | 1.2×+0.4× | 0.7×+0.2× | 0.6×-0.2× | |
| Free cash flow yield | 5%+1.4pp | 3.5%-0.2pp | 3.7%-1.4pp | 5.1%-2.1pp | 7.3%+2.9pp | |
| Earnings yield | -3.1%-0.7pp | -2.4%+0.4pp | -2.8%+1.8pp | -4.6%+4.2pp | -8.8%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Wayfair's profit margins?
- Wayfair (W) runs a 30.1% gross margin and a 1.0% operating margin, with a -2.4% net margin.
- Where do Wayfair's ratios come from?
- Every ratio is computed from Wayfair'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.
