WSMNYSERetail-Home Furniture, Furnishings & Equipment StoresFiscal year ends January 31
WILLIAMS SONOMA INC
Financials through Q2 FY2026, quarter ended Aug 2, 2026Last filing: 10-Q on Aug 28, 2026
$249.43−0.73 (-0.29%)
Close on Oct 19, 2026
- Market cap
- $29.66B
- P/E (TTM)
- 25.5
- Dividend yield
- 1.06%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
46.2%+7.3 pts over 5 years
Operating margin
18.1%+4.7 pts over 5 years
Net margin
13.9%+3.9 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 | +1.2% | -3.5% | +2.9% | +4.6% | |
| Gross profit | +0.6% | -0.7% | +6.4% | +6.9% | |
| Operating income | -1.0% | -1.9% | +9.2% | +11.2% | |
| Net income | -3.3% | -1.2% | +9.8% | +13.4% | |
| EPS, diluted | +0.6% | +2.7% | +15.5% | +18.0% | |
| Free cash flow | -7.3% | +14.7% | -0.9% | +12.0% | |
| Dividend per share | +15.8% | +19.2% | +21.2% | +14.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 25.0% | 47.2% | 51.5% | |
| Return on assets | 12.5% | 15.6% | 20.3% | |
| Current ratio | 1.42 | 1.33 | 1.39 | |
| Debt to equity | – | 0.18 | – | |
| Net debt to EBITDA | – | -0.82× | – | |
| Inventory turnover | 3.3× | 3.9× | 3.0× | |
| Capex to revenue | 3.9% | 2.5% | 3.3% | |
| Diluted shares | 179M | 158M | 123M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Williams Sonoma generated $6.78B from operations and spent $6.24B on capital expenditure, dividends and share buybacks. 20% of that went back into the business.
Generated
$6.78B
Used
$6.24B
Capital expenditure$1.25B20%Dividends$1.23B20%Share buybacks$3.75B60%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin13.9%
×Asset turnover1.46×
×Equity multiplier2.54×
=Return on equity, FY202551.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 13.9% | 1.46× | 2.54× | 51.5% |
| FY2024 | 14.6% | 1.46× | 2.48× | 52.7% |
| FY2023 | 12.3% | 1.56× | 2.60× | 49.6% |
| FY2022 | 13.0% | 1.87× | 2.76× | 67.0% |
| FY2021 | 13.7% | 1.78× | 2.80× | 67.9% |
| FY2020 | 10.0% | 1.56× | 3.02× | 47.2% |
| FY2019 | 6.0% | 1.72× | 2.87× | 29.8% |
| FY2018 | 5.9% | 2.03× | 2.37× | 28.3% |
| FY2017 | 4.9% | 2.01× | 2.15× | 21.2% |
| FY2016 | 6.0% | 2.08× | 2.00× | 25.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$1.09B
- Cash generatingOperating cash flow above zero$1.31B
- Return on assets improvedROA up on the prior year21.3% → 20.5%
- Earnings backed by cashOperating cash flow above net income$1.31B vs $1.09B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.44 → 1.39
- No dilutionShare count did not rise128M → 123M
- Gross margin improvedGross margin up on the prior year46.45% → 46.15%
- More efficientAsset turnover rose1.46 → 1.47