SIGNYSERetail-Jewelry StoresFiscal year ends February 1
SIGNET JEWELERS LTD
Financials through Q2 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 9, 2026
$116.76−1.73 (-1.46%)
Close on Oct 19, 2026
- Market cap
- $4.59B
- P/E (TTM)
- 13.4
- Dividend yield
- 1.10%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
39.5%+6.4 pts over 5 years
Operating margin
5.8%+6.9 pts over 5 years
Net margin
4.3%+4.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.6% | -4.6% | +5.4% | +0.4% | |
| Gross profit | +2.6% | -4.1% | +9.2% | +1.0% | |
| Operating income | +255.1% | -13.4% | – | -5.7% | |
| Net income | +381.0% | -7.9% | – | -4.5% | |
| EPS, diluted | – | +2.2% | – | +1.9% | |
| Free cash flow | +20.0% | -7.3% | -16.4% | +9.3% | |
| Dividend per share | +10.3% | +17.0% | – | +3.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 19.6% | -1.3% | 15.4% | |
| Return on assets | 8.3% | -0.2% | 5.0% | |
| Current ratio | 3.86 | 1.79 | 1.60 | |
| Debt to equity | 0.57 | 0.12 | – | |
| Net debt to EBITDA | 1.38× | -8.67× | – | |
| Interest coverage | 15.4× | -1.8× | – | |
| Inventory turnover | 1.7× | 1.6× | 2.1× | |
| Capex to revenue | 4.3% | 1.6% | 2.3% | |
| Diluted shares | 77M | 52M | 42M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Signet Jewelers generated $3.87B from operations and spent $2.07B on capital expenditure, dividends and share buybacks. 34% of that went back into the business.
Generated
$3.87B
Used
$2.07B
Capital expenditure$700.50M34%Dividends$196.00M9%Share buybacks$1.17B57%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.3%
×Asset turnover1.17×
×Equity multiplier3.06×
=Return on equity, FY202615.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 4.3% | 1.17× | 3.06× | 15.4% |
| FY2025 | 0.9% | 1.07× | 3.12× | 3.0% |
| FY2024 | 11.3% | 1.07× | 3.59× | 43.3% |
| FY2023 | 4.8% | 1.19× | 4.20× | 24.0% |
| FY2022 | 9.8% | 1.23× | 4.63× | 55.9% |
| FY2021 | -0.3% | 0.84× | 5.17× | -1.3% |
| FY2020 | 1.7% | 1.15× | 4.42× | 8.7% |
| FY2019 | -10.5% | 1.22× | 2.77× | -35.5% |
| FY2018 | 8.3% | 1.01× | 2.49× | 20.8% |
| FY2017 | 8.5% | 0.98× | 2.35× | 19.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$294.40M
- Cash generatingOperating cash flow above zero$678.80M
- Return on assets improvedROA up on the prior year0.9% → 5.1%
- Earnings backed by cashOperating cash flow above net income$678.80M vs $294.40M
- Less leverageLong-term debt to assets fell0.0% → –
- Better liquidityCurrent ratio rose1.48 → 1.60
- No dilutionShare count did not rise44M → 42M
- Gross margin improvedGross margin up on the prior year39.17% → 39.55%
- More efficientAsset turnover rose0.98 → 1.19