FIVENasdaqRetail-Variety StoresFiscal year ends January 30
FIVE BELOW, INC
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 3, 2026
$225.61+2.89 (+1.30%)
Close on Oct 19, 2026
- Market cap
- $12.52B
- P/E (TTM)
- 20.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
36.0%+2.7 pts over 5 years
Operating margin
9.6%+1.7 pts over 5 years
Net margin
7.5%+1.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.9% | +15.7% | +19.4% | +19.1% | |
| Gross profit | +26.8% | +16.1% | +21.3% | +19.4% | |
| Operating income | +41.3% | +9.9% | +24.2% | +17.3% | |
| Net income | +41.4% | +11.1% | +23.8% | +20.1% | |
| EPS, diluted | +40.7% | +11.3% | +24.1% | +19.9% | |
| Free cash flow | +286.0% | +87.0% | +20.0% | +28.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 24.9% | 15.0% | 17.9% | |
| Return on assets | 16.1% | 5.8% | 7.7% | |
| Current ratio | 2.92 | 1.73 | 2.01 | |
| Inventory turnover | 4.2× | 4.3× | 4.0× | |
| Capex to revenue | 4.5% | 10.2% | 3.7% | |
| Diluted shares | 55M | 56M | 55M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Five Below generated $2.16B from operations and spent $1.59B on capital expenditure, dividends and share buybacks. 86% of that went back into the business.
Generated
$2.16B
Used
$1.59B
Capital expenditure$1.37B86%Dividends$00%Share buybacks$220.77M14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.5%
×Asset turnover1.03×
×Equity multiplier2.32×
=Return on equity, FY202517.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.5% | 1.03× | 2.32× | 17.9% |
| FY2024 | 6.5% | 0.94× | 2.42× | 14.9% |
| FY2023 | 8.5% | 0.99× | 2.44× | 20.4% |
| FY2022 | 8.5% | 0.99× | 2.50× | 21.1% |
| FY2021 | 9.8% | 1.10× | 2.59× | 27.9% |
| FY2020 | 6.3% | 0.92× | 2.60× | 15.0% |
| FY2019 | 9.5% | 1.27× | 2.12× | 25.5% |
| FY2018 | 9.6% | 1.89× | 1.53× | 27.9% |
| FY2017 | 8.0% | 2.14× | 1.51× | 25.9% |
| FY2016 | 7.2% | 2.24× | 1.55× | 24.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$358.64M
- Cash generatingOperating cash flow above zero$586.43M
- Return on assets improvedROA up on the prior year6.5% → 8.3%
- Earnings backed by cashOperating cash flow above net income$586.43M vs $358.64M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.79 → 2.01
- No dilutionShare count did not rise55M → 55M
- Gross margin improvedGross margin up on the prior year34.89% → 35.99%
- More efficientAsset turnover rose1.00 → 1.10