Wayfair W Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 30.2%+0.1pp | 30.2%-0.4pp | 30.6%+2.6pp | 28%-0.5pp | |
| Operating margin | 0.1%+4.0pp | -3.9%+2.9pp | -6.8%+4.6pp | -11.3%-10.6pp | |
| Net margin | -2.5%+1.6pp | -4.2%+2.0pp | -6.1%+4.7pp | -10.9%-9.9pp | |
| EBITDA margin | 2.6%+3.2pp | -0.6%+2.7pp | -3.3%+5.0pp | -8.3%-10.0pp | |
| Free cash flow margin | 3.7%+1.7pp | 2.1%+0.4pp | 1.7%+9.1pp | -7.4%— | |
| Returns | |||||
| Return on assets | -9.1%+5.1pp | -14.2%+6.7pp | -20.9%+11.7pp | -32.7%-29.8pp | |
| Return on invested capital | 18.4%+309pp | -290.9%-66.9pp | -224%-8.4pp | -215.6%-197pp | |
| Efficiency | |||||
| Asset turnover | 3.6×+0.2× | 3.4×0.0× | 3.4×+0.4× | 3×0.0× | |
| Inventory turnover | 118.3×+8.6× | 109.6×+8.6× | 101×-9.7× | 110.7×-51.5× | |
| Liquidity | |||||
| Current ratio | 0.9×+0.1× | 0.8×-0.1× | 0.8×-0.1× | 0.9×-0.4× | |
| Quick ratio | 0.9×+0.1× | 0.8×-0.1× | 0.8×-0.1× | 0.9×-0.4× | |
| Cash ratio | 0.7×+0.1× | 0.6×-0.1× | 0.6×+0.1× | 0.5×-0.3× | |
| Leverage | |||||
| Debt-to-assets | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×+0.3× | |
| Net debt / EBITDA | 8.8×— | —— | —— | —— | |
| Per Share | |||||
| Book value per share | -$21.73+3.0% | -$22.40+5.7% | -$23.75+1.3% | -$24.06-54.5% | |
| Valuation | |||||
| Market capitalization | $13.09B+136% | $5.55B-23.7% | $7.28B+107% | $3.52B-82.3% | |
| Enterprise value | $15.91B+88.1% | $8.46B-16.8% | $10.16B+53.3% | $6.63B-70.2% | |
| Price / sales | 1.1×+0.6× | 0.5×-0.1× | 0.6×+0.3× | 0.3×-1.2× | |
| EV / EBITDA | 49.4×— | —— | —— | —— | |
| EV / sales | 1.3×+0.6× | 0.7×-0.1× | 0.8×+0.3× | 0.5×-1.1× | |
| Free cash flow yield | 3.5%-0.8pp | 4.4%+1.6pp | 2.8%+28.5pp | -25.8%— | |
| Earnings yield | -2.4%+6.5pp | -8.9%+1.3pp | -10.1%+27.6pp | -37.8%-37.1pp |
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.
