Warby Parker WRBY Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 54%-1.4pp | 55.3%+0.8pp | 54.5%-2.5pp | 57%-1.7pp | |
| Operating margin | -0.6%+3.3pp | -3.9%+6.8pp | -10.7%+7.8pp | -18.6%+8.0pp | |
| Returns | |||||
| Return on invested capital | -1.7%+8.8pp | -10.6%+17.6pp | -28.2%+23.9pp | -52.1%— | |
| Efficiency | |||||
| Asset turnover | 1.2×0.0× | 1.2×+0.1× | 1.2×0.0× | 1.2×0.0× | |
| Liquidity | |||||
| Current ratio | 2.3×-0.2× | 2.5×+0.2× | 2.3×+0.1× | 2.3×-0.5× | |
| Leverage | |||||
| Debt-to-equity | 0.6×0.0× | 0.7×+0.1× | 0.6×0.0× | 0.6×+0.1× | |
| Net debt / EBITDA | -1.2×+0.6× | -1.8×— | —— | —— | |
| Per Share | |||||
| Book value per share | $2.94+4.1% | $2.82+9.9% | $2.57+3.1% | $2.49-37.9% | |
| Valuation | |||||
| Market capitalization | $2.66B-8.6% | $2.91B+74.3% | $1.67B+7.1% | $1.56B-70.6% | |
| Price / sales | 3.1×-0.7× | 3.8×+1.3× | 2.5×-0.1× | 2.6×-7.2× | |
| Price / book | 7.2×-1.3× | 8.6×+3.0× | 5.5×+0.1× | 5.4×-13.1× | |
| EV / EBITDA | 58×-125× | 183.1×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Warby Parker's profit margins?
- Warby Parker (WRBY) runs a 53.4% gross margin and a -0.7% operating margin, with a 0.1% net margin.
- Where do Warby Parker's ratios come from?
- Every ratio is computed from Warby Parker'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.