European Wax Center, Inc. logo EWCZ - European Wax Center, Inc.

Inactive Ticker EWCZ is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 2
HOLD 5
SELL 1
STRONG
SELL 0
| PRICE TARGET: $5.80 DETAILS
HIGH: $5.80
LOW: $5.80
MEDIAN: $5.80
CONSENSUS: $5.80
DOWNSIDE: 0.34%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 206.6 216.9 221.0 207.4 178.7 103.4 154.2
Cost of Revenue 53.8 57.3 62.6 59.2 46.8 35.5 40.9
Gross Profit 152.8 159.6 158.4 148.1 131.8 67.9 113.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 18.2
SG&A Expenses 89.3 91.6 93.4 87.6 86.6 50.5 86.1
Other Expenses 20.4 20.2 20.6 20.6 20.7 20.6 (2.6)
Operating Expenses 109.7 111.8 113.9 108.2 107.3 71.1 101.6
Operating Income
Operating Income 43.1 47.8 44.5 39.9 24.6 (3.2) 11.7
Interest Expense 26.3 25.5 26.7 23.6 20.3 18.3 15.5
Interest Income 0 0 0 0 0 0 0
Profitability
EBITDA 63.3 62.6 65.0 60.5 44.7 17.4 27.2
EBIT 42.9 42.4 44.5 39.9 24.4 (2.2) 11.7
Income Before Tax 16.6 16.9 18.2 (40.0) 4.1 (21.5) (24.4)
Income Tax Expense 4.7 2.2 6.2 (53.5) 0.1 0 0
Net Income 8.7 10.5 8.7 7.3 6.9 (21.5) (24.4)
Per Share Data
EPS (Basic) 0.20 0.22 0.17 0.18 -0.09 -0.81 -1.27
EPS (Diluted) 0.20 0.22 0.17 0.18 -0.09 -0.81 -1.27
Shares Outstanding 43.4 46.8 49.5 40.0 36.9 31.4 31.4
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 76.1 49.7 52.7 44.2 43.3 36.7 10.3
Short-Term Investments 0 0 0 0 0 0 0
Net Receivables 11.0 7.3 9.2 6.9 6.7 5.1 6.8
Inventory 17.8 19.1 20.8 23.0 19.4 12.3 22.0
Other Current Assets 11.8 7.0 7.7 7.3 0 2.5 2.9
Total Current Assets 116.5 87.8 95.5 86.3 75.3 56.9 42.0
Non-Current Assets
Property, Plant & Equipment 14.2 5.6 6.3 7.6 3.9 5.0 4.5
Goodwill 39.1 39.1 39.1 328.6 328.6 328.6 328.6
Intangible Assets 412.8 432.2 451.5 183.0 202.0 213.3 198.4
Long-Term Investments 0 0 0 0 0 0 0
Other Non-Current Assets 1.3 2.0 3.1 4.3 3.7 3.2 3.1
Total Non-Current Assets 608.7 619.2 638.6 629.7 538.1 550.0 534.5
Total Assets 725.3 707.1 734.1 716.0 613.4 606.9 576.5
Current Liabilities
Account Payables 25.1 5.6 6.0 5.9 7.7 0.6 3.8
Short-Term Debt 5.2 4 4 4 5.6 2.4 2.3
Deferred Revenue 4.1 4.1 5.3 4.1 3.0 2.4 2.5
Other Current Liabilities 8.7 14.0 14.0 9.2 8.8 9.2 19.7
Total Current Liabilities 43.1 36.1 37.8 32.8 32.0 18.4 30.0
Non-Current Liabilities
Long-Term Debt 374.8 373.2 372 370.9 172.6 263.0 223.0
Deferred Tax Liabilities 0.8 0.7 0 0 0 0 0
Other Non-Current Liabilities 194.6 197.2 199.5 170.9 60.8 0.9 2.4
Total Non-Current Liabilities 577.2 579.4 581.3 552.9 240.2 270.4 232.2
Total Liabilities 620.4 615.5 619.1 585.7 272.2 288.9 262.2
Stockholders' Equity
Common Stock (86.2) 0 0 0 0 265.8 265.8
Retained Earnings (91.7) (100.4) (110.9) (118.4) (3.5) (61.4) (55.0)
Accumulated Other Comprehensive Income 0 0 0 0 (0.0) (0.5) (0.7)
Total Stockholders' Equity 79.3 64.0 82.0 79 179.4 318.0 314.3
Total Liabilities & Equity 725.3 707.1 734.1 716.0 613.4 606.9 576.5
Debt Metrics
Total Debt 382.3 380.8 380.4 380.5 178.2 265.4 225.3
Net Debt 306.2 331.1 327.7 336.3 134.9 228.7 215.0
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 11.9 14.7 12.0 13.5 4.0 (21.5) (24.4)
Depreciation & Amortization 20.4 20.3 20.5 20.6 20.3 19.6 15.5
Stock-Based Compensation 6.5 5.2 11.0 9.0 11.1 2.1 1.6
Change in Working Capital 3.8 2.3 1.5 (6.7) (2.9) (7.7) (0.2)
Other Non-Cash Items 6.1 6.3 5.5 5.6 8.6 9.0 3.7
Operating Cash Flow 53.0 56.5 55.6 44.4 41.3 1.4 14.7
Investing Activities
Capital Expenditure (2.9) (0.5) (0.8) (0.2) (8.2) (36.8) (42.5)
Acquisitions 0 0.1 0 0 0 0 1.8
Purchases of Investments 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 (7.6) (34.7) 0
Investing Cash Flow (2.9) (0.4) (0.8) (0.2) (8.2) (36.8) (40.7)
Financing Activities
Net Debt Issuance (4) (4) (4) 202.3 (91.2) 39.6 34.5
Stock Repurchased (6.1) (40.1) (29.9) (10.1) (139.3) 0 0
Dividends Paid (0.0) (0.8) (2.8) (205.2) 0 0 (5.2)
Other Financing Activities (13.7) (14.2) (9.6) (23.6) (9.0) 22.3 (1.4)
Financing Cash Flow (23.8) (59.2) (46.4) (36.6) (26.6) 61.9 27.8
Cash Position
Net Change in Cash 26.3 (3.0) 8.4 7.5 6.6 26.5 1.8
Cash at Beginning 56.2 59.2 50.8 43.3 36.7 10.3 8.4
Cash at End 82.5 56.2 59.2 50.8 43.3 36.7 10.3
Free Cash Flow 50.1 56.0 54.8 44.1 33.1 (35.4) (27.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 206.6 216.9 221.0 207.4 178.7 103.4 154.2
Gross Profit 152.8 159.6 158.4 148.1 131.8 67.9 113.3
Operating Income 43.1 47.8 44.5 39.9 24.6 (3.2) 11.7
Net Income 8.7 10.5 8.7 7.3 6.9 (21.5) (24.4)
EPS (Diluted) 0.20 0.22 0.17 0.18 -0.09 -0.81 -1.27
Balance Sheet
Cash & Equivalents 76.1 49.7 52.7 44.2 43.3 36.7 10.3
Total Assets 725.3 707.1 734.1 716.0 613.4 606.9 576.5
Total Debt 382.3 380.8 380.4 380.5 178.2 265.4 225.3
Stockholders' Equity 79.3 64.0 82.0 79 179.4 318.0 314.3
Cash Flow
Operating Cash Flow 53.0 56.5 55.6 44.4 41.3 1.4 14.7
Capital Expenditure (2.9) (0.5) (0.8) (0.2) (8.2) (36.8) (42.5)
Free Cash Flow 50.1 56.0 54.8 44.1 33.1 (35.4) (27.8)