FOXFNasdaqMotorcycles, Bicycles & PartsFiscal year ends January 2
FOX FACTORY HOLDING CORP
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 7, 2026
$14.79−1.25 (-7.79%)
Close on Oct 19, 2026
- Market cap
- $625.25M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.2%−2.3 pts over 5 years
Operating margin
-35.6%−48.5 pts over 5 years
Net margin
-37.1%−47.3 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 | +5.3% | -2.9% | +10.5% | +14.9% | |
| Gross profit | +4.6% | -5.9% | +8.9% | +14.7% | |
| Free cash flow | -69.3% | -42.7% | +0.9% | +3.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 21.2% | 15.9% | – | |
| Return on assets | 11.6% | 9.6% | -27.9% | |
| Current ratio | 2.10 | 3.52 | 2.86 | |
| Debt to equity | 0.36 | 0.54 | – | |
| Net debt to EBITDA | 0.58× | 0.97× | -1.08× | |
| Interest coverage | 21.8× | 12.3× | -9.7× | |
| Inventory turnover | 4.0× | 4.7× | 2.6× | |
| Capex to revenue | 3.0% | 6.4% | 2.3% | |
| Diluted shares | 38M | 41M | 42M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Fox Factory generated $621.77M from operations and spent $273.41M on capital expenditure, dividends and share buybacks. 82% of that went back into the business.
Generated
$621.77M
Used
$273.41M
Capital expenditure$223.41M82%Dividends$00%Share buybacks$50.00M18%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.3%
×Asset turnover0.76×
×Equity multiplier1.65×
=Return on equity, FY202310.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 8.3% | 0.76× | 1.65× | 10.3% |
| FY2022 | 12.8% | 1.02× | 1.56× | 20.4% |
| FY2021 | 12.6% | 0.93× | 1.74× | 20.3% |
| FY2020 | 10.2% | 0.94× | 1.66× | 15.9% |
| FY2019 | 12.4% | 1.37× | 1.47× | 25.0% |
| FY2018 | 13.6% | 1.36× | 1.64× | 30.2% |
| FY2017 | 9.1% | 1.25× | 1.81× | 20.5% |
| FY2016 | 8.9% | 1.31× | 1.82× | 21.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$544.58M
- Cash generatingOperating cash flow above zero$60.92M
- Return on assets improvedROA up on the prior year0.3% → -24.4%
- Earnings backed by cashOperating cash flow above net income$60.92M vs -$544.58M
- Less leverageLong-term debt to assets fell23.6% → 29.7%
- Better liquidityCurrent ratio rose2.80 → 2.86
- No dilutionShare count did not rise42M → 42M
- Gross margin improvedGross margin up on the prior year30.39% → 30.21%
- More efficientAsset turnover rose0.62 → 0.66