RH (RH) stock
RHNYSERetail-Furniture StoresFiscal year ends January 31
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 10, 2026Score 13/3023% below fair value
$129.17−6.73 (-4.95%)
Close on Nov 12, 2026Market cap $2.45BP/E 23.0Yield –
RH operating margin
Operating margin is operating income as a percentage of revenue.
RH's operating margin for the twelve months ending Aug 1, 2026 was 10.0%. For fiscal 2025 it was 11.3%, against 10.1% the year before. The highest annual figure on record is 24.7% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Jan 31, 2026 | 11.3% | +1.1 |
| FY2024 | Feb 1, 2025 | 10.1% | −1.9 |
| FY2023 | Feb 3, 2024 | 12.1% | −8.0 |
| FY2022 | Jan 28, 2023 | 20.1% | −4.6 |
| FY2021 | Jan 29, 2022 | 24.7% | +8.3 |
| FY2020 | Jan 30, 2021 | 16.4% | +2.7 |
| FY2019 | Feb 1, 2020 | 13.7% | +3.3 |
| FY2018 | Feb 2, 2019 | 10.4% | +5.6 |
| FY2017 | Feb 3, 2018 | 4.8% | +2.3 |
| FY2016 | Jan 28, 2017 | 2.5% | −6.3 |
| FY2015 | Jan 30, 2016 | 8.8% | −0.1 |
| FY2014 | Jan 31, 2015 | 8.9% | +5.3 |
| FY2013 | Feb 1, 2014 | 3.5% | +9.3 |
| FY2012 | Feb 2, 2013 | -5.8% | −8.6 |
| FY2011 | Jan 28, 2012 | 2.8% | +3.2 |
| FY2010 | Jan 29, 2011 | -0.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026CQ2 2026 | Aug 1, 2026 | 11.7% | −2.7 |
| Q1 FY2026CQ1 2026 | May 2, 2026 | 4.3% | −2.6 |
| Q4 FY2025CQ4 2025 | Jan 31, 2026 | 11.5% | +2.8 |
| Q3 FY2025CQ3 2025 | Nov 1, 2025 | 12.0% | −0.5 |
| Q2 FY2025CQ2 2025 | Aug 2, 2025 | 14.3% | +2.7 |
| Q1 FY2025CQ1 2025 | May 3, 2025 | 6.9% | −0.7 |
| Q4 FY2024CQ4 2024 | Feb 1, 2025 | 8.7% | −0.0 |
| Q3 FY2024CQ3 2024 | Nov 2, 2024 | 12.5% | +5.7 |
| Q2 FY2024CQ2 2024 | Aug 3, 2024 | 11.6% | −7.3 |
| Q1 FY2024CQ1 2024 | May 4, 2024 | 7.5% | −5.9 |
| Q4 FY2023CQ4 2023 | Feb 3, 2024 | 8.7% | −5.8 |
| Q3 FY2023CQ3 2023 | Oct 28, 2023 | 6.8% | −12.8 |
| Q2 FY2023CQ2 2023 | Jul 29, 2023 | 18.9% | −4.7 |
| Q1 FY2023CQ1 2023 | Apr 29, 2023 | 13.4% | −8.0 |
| Q4 FY2022CQ4 2022 | Jan 28, 2023 | 14.5% | −9.6 |
| Q3 FY2022CQ3 2022 | Oct 29, 2022 | 19.6% | −7.5 |
| Q2 FY2022CQ2 2022 | Jul 30, 2022 | 23.6% | −1.5 |
| Q1 FY2022CQ1 2022 | Apr 30, 2022 | 21.4% | −0.4 |
| Q4 FY2021CQ4 2021 | Jan 29, 2022 | 24.1% | +1.5 |
| Q3 FY2021CQ3 2021 | Oct 30, 2021 | 27.1% | +13.9 |
| Q2 FY2021CQ2 2021 | Jul 31, 2021 | 25.2% | +5.9 |
| Q1 FY2021CQ1 2021 | May 1, 2021 | 21.8% | +14.5 |
| Q4 FY2020CQ4 2020 | Jan 30, 2021 | 22.6% | +7.4 |
| Q3 FY2020CQ3 2020 | Oct 31, 2020 | 13.2% | +0.0 |
| Q2 FY2020CQ2 2020 | Aug 1, 2020 | 19.3% | +4.5 |
| Q1 FY2020CQ1 2020 | May 2, 2020 | 7.3% | −4.1 |
| Q4 FY2019CQ4 2019 | Feb 1, 2020 | 15.2% | +1.8 |
| Q3 FY2019CQ3 2019 | Nov 2, 2019 | 13.2% | +6.5 |
| Q2 FY2019CQ2 2019 | Aug 3, 2019 | 14.7% | +1.9 |
| Q1 FY2019CQ1 2019 | May 4, 2019 | 11.5% | +2.8 |
| Q4 FY2018CQ4 2018 | Feb 2, 2019 | 13.3% | +5.2 |
| Q3 FY2018CQ3 2018 | Nov 3, 2018 | 6.6% | −0.7 |
| Q2 FY2018CQ2 2018 | Aug 4, 2018 | 12.8% | +10.8 |
| Q1 FY2018CQ1 2018 | May 5, 2018 | 8.6% | +7.4 |
| Q4 FY2017CQ4 2017 | Feb 3, 2018 | 8.2% | +3.6 |
| Q3 FY2017CQ3 2017 | Oct 28, 2017 | 7.3% | +4.5 |
| Q2 FY2017CQ2 2017 | Jul 29, 2017 | 2.0% | – |
| Q1 FY2017CQ1 2017 | Apr 29, 2017 | 1.2% | – |
| Q4 FY2016CQ4 2016 | Jan 28, 2017 | 4.6% | – |
| Q3 FY2016CQ3 2016 | Oct 29, 2016 | 2.8% | – |
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