EYE - National Vision Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$31.00
DETAILS
HIGH:
$40.00
LOW:
$22.00
MEDIAN:
$32.00
CONSENSUS:
$31.00
UPSIDE:
80.97%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 1,987.5 | 1,823.3 | 2,126.5 | 1,644.7 | 2,079.5 | 1,711.8 | 1,724.3 | 1,536.9 | 1,375.3 | 1,196.2 | 1,062.5 | 932.7 |
| Cost of Revenue | 910.6 | 764.1 | 1,000.9 | 667.7 | 904.8 | 786.6 | 806.5 | 713.6 | 637.0 | 544.8 | 491.1 | 453.5 |
| Gross Profit | 1,076.9 | 1,059.3 | 1,125.6 | 977.0 | 1,174.7 | 925.1 | 917.8 | 823.3 | 738.3 | 651.4 | 571.4 | 479.2 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,015.6 | 938.5 | 991.9 | 832.6 | 900.8 | 725.0 | 744.5 | 687.5 | 597.9 | 524.2 | 474.1 | 410.6 |
| Other Expenses | 0 | 131.1 | 180.5 | 91.6 | 99.0 | 113.1 | 99.7 | 75.8 | 62.1 | 53.7 | 45.0 | 0 |
| Operating Expenses | 1,015.6 | 1,069.6 | 1,172.4 | 924.2 | 999.8 | 838.1 | 844.2 | 763.3 | 660.0 | 577.9 | 519.0 | 482.2 |
| Operating Income | ||||||||||||
| Operating Income | 61.3 | (10.4) | (46.8) | 52.8 | 174.9 | 87.0 | 73.6 | 42.4 | 67.2 | 66.4 | 44.7 | 29.5 |
| Interest Expense | 16.9 | 16.2 | 14.3 | 0.5 | 25.6 | 48.3 | 33.3 | 37.5 | 60.1 | 39.1 | 39.3 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.6 |
| Profitability | ||||||||||||
| EBITDA | 152.4 | 89.6 | 53.1 | 158.7 | 276.7 | 178.6 | 151.0 | 116.5 | 138.4 | 118.4 | 97.4 | 35.8 |
| EBIT | 61.3 | (9.5) | (45.1) | 52.8 | 174.9 | 87.0 | 63.8 | 42.2 | 59.8 | 66.4 | 42.1 | (3.0) |
| Income Before Tax | 41.7 | (25.7) | (61.8) | 52.3 | 149.3 | 38.7 | 30.5 | 4.9 | 7.2 | 27.3 | 5.4 | (34.6) |
| Income Tax Expense | 12.1 | 1.5 | 4.1 | 15.5 | 21.1 | 2.4 | (2.3) | (18.8) | (38.6) | 12.5 | 1.8 | (10.7) |
| Net Income | 29.6 | (28.5) | (65.9) | 42.1 | 128.2 | 36.3 | 32.8 | 23.7 | 45.8 | 14.8 | 3.6 | (23.9) |
| Per Share Data | ||||||||||||
| EPS (Basic) | 0.37 | -0.36 | -0.84 | 0.53 | 1.57 | 0.45 | 0.42 | 0.31 | 0.72 | 0.18 | 0.05 | -0.54 |
| EPS (Diluted) | 0.37 | -0.36 | -0.84 | 0.52 | 1.43 | 0.44 | 0.40 | 0.30 | 0.70 | 0.18 | 0.05 | -0.54 |
| Shares Outstanding | 79.1 | 78.6 | 78.3 | 79.8 | 81.8 | 80.6 | 78.6 | 75.9 | 59.9 | 72.3 | 72.3 | 44.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 38.7 | 73.9 | 149.9 | 229.4 | 305.8 | 373.9 | 39.3 | 17.1 | 4.2 | 4.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 57.3 | 49.9 | 86.9 | 79.9 | 55.7 | 58.0 | 44.5 | 50.7 | 43.2 | 34.4 |
| Inventory | 89.3 | 93.9 | 119.9 | 123.2 | 123.7 | 111.3 | 127.6 | 116.0 | 91.2 | 87.1 |
| Other Current Assets | 40.4 | 32.0 | 40.0 | 41.4 | 0 | 0 | 23.3 | 30.8 | 0 | 0 |
| Total Current Assets | 225.7 | 249.8 | 396.7 | 473.8 | 514.6 | 566.6 | 234.6 | 214.7 | 162.5 | 147.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 739.5 | 770.8 | 766.5 | 742.6 | 701.3 | 681.4 | 714.9 | 355.1 | 304.1 | 256.4 |
| Goodwill | 700.6 | 698.3 | 717.5 | 777.6 | 777.6 | 777.6 | 777.6 | 777.6 | 792.7 | 793.2 |
| Intangible Assets | 248.1 | 248.8 | 260.7 | 275.2 | 282.6 | 290.1 | 297.5 | 305.1 | 313.4 | 321.9 |
| Long-Term Investments | 1.6 | 1.3 | 0 | 1.2 | (82.8) | 0 | 0 | (61.9) | (73.6) | 3.3 |
| Other Non-Current Assets | 68.1 | 38.8 | 31.1 | (73.1) | 17.0 | 17.7 | 8.1 | 8.9 | 11.0 | 12.3 |
| Total Non-Current Assets | 1,900.8 | 1,757.9 | 1,775.8 | 1,817.4 | 1,778.5 | 1,766.8 | 1,798.1 | 1,446.7 | 1,421.3 | 1,383.9 |
| Total Assets | 2,126.6 | 2,007.8 | 2,172.5 | 2,291.2 | 2,293.1 | 2,333.5 | 2,032.7 | 1,661.4 | 1,583.8 | 1,531.1 |
| Current Liabilities | ||||||||||
| Account Payables | 79.0 | 53.6 | 67.6 | 65.3 | 64.3 | 64.9 | 40.8 | 43.6 | 35.7 | 39.4 |
| Short-Term Debt | 106.9 | 98.0 | 7.5 | 4.1 | 0 | 3.6 | 10.5 | 7.6 | 5.7 | 6.5 |
| Deferred Revenue | 116.8 | 104.5 | 111.0 | 103.4 | 95.2 | 91.6 | 83.9 | 79.4 | 90.7 | 83.6 |
| Other Current Liabilities | 61.4 | 96.3 | 72.0 | 45.1 | 63.7 | 60.7 | 54.5 | 57.9 | 56.5 | 50.4 |
| Total Current Liabilities | 412.4 | 468.3 | 397.7 | 344.3 | 343.8 | 328.7 | 273.2 | 211.7 | 211.3 | 199.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 223.2 | 239.1 | 437.7 | 563.4 | 543.6 | 624.6 | 525.9 | 548.6 | 551.6 | 735.7 |
| Deferred Tax Liabilities | 225.5 | 77.9 | 87.9 | 93.9 | 82.8 | 80.9 | 60.1 | 61.9 | 73.6 | 111.3 |
| Other Non-Current Liabilities | 8.9 | 8.2 | 8.5 | 8.9 | 9.0 | 17.4 | 13.7 | 54.0 | 50.9 | 30.2 |
| Total Non-Current Liabilities | 844.6 | 723.2 | 945.4 | 1,045.9 | 1,023.3 | 1,098.3 | 983.1 | 706.6 | 712.9 | 929.5 |
| Total Liabilities | 1,257.0 | 1,191.4 | 1,343.1 | 1,390.1 | 1,367.1 | 1,427.0 | 1,256.3 | 918.2 | 924.2 | 1,129.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 |
| Retained Earnings | 255.7 | 226.1 | 254.6 | 320.5 | 278.4 | 142.9 | 107.1 | 74.8 | 37.1 | (8.7) |
| Accumulated Other Comprehensive Income | (0.1) | 0 | (0.4) | (1.2) | (1.9) | (4.4) | (3.8) | (2.8) | (9.9) | (14.6) |
| Total Stockholders' Equity | 869.5 | 816.3 | 829.4 | 901.1 | 926.0 | 906.5 | 776.4 | 743.2 | 659.6 | 401.9 |
| Total Liabilities & Equity | 2,126.6 | 2,007.8 | 2,172.5 | 2,291.2 | 2,293.1 | 2,333.5 | 2,032.7 | 1,661.4 | 1,583.8 | 1,531.1 |
| Debt Metrics | ||||||||||
| Total Debt | 694.6 | 816.0 | 923.2 | 1,002.8 | 973.3 | 1,044.7 | 953.4 | 578.1 | 569.2 | 745.6 |
| Net Debt | 655.9 | 742.1 | 773.3 | 773.4 | 667.5 | 670.8 | 914.1 | 561.0 | 565.0 | 740.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 29.6 | (28.5) | (65.9) | 42.1 | 128.2 | 36.3 | 32.8 | 23.7 | 45.8 | 14.8 |
| Depreciation & Amortization | 91.2 | 99.9 | 101.4 | 100.0 | 97.1 | 91.6 | 87.2 | 74.3 | 61.1 | 52.0 |
| Stock-Based Compensation | 0 | 16.7 | 20.2 | 13.5 | 14.9 | 10.7 | 12.7 | 20.9 | 5.2 | 4.3 |
| Change in Working Capital | (20.0) | 10.8 | 31.2 | (44.6) | (6.0) | 48.8 | (3.1) | (26.0) | (12.5) | 3.3 |
| Other Non-Cash Items | 40.9 | 44.8 | 92.1 | (2.8) | 8.0 | 47.9 | 37.8 | 33.1 | 30.4 | 12.1 |
| Operating Cash Flow | 146.3 | 133.6 | 173.0 | 119.2 | 258.9 | 235.0 | 165.1 | 106.6 | 90.3 | 97.6 |
| Investing Activities | ||||||||||
| Capital Expenditure | (72.8) | (95.5) | (114.8) | (113.5) | (95.5) | (76.8) | (101.3) | (104.5) | (93.2) | (90.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.5) | (1) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (3.8) | (0.6) | (1.0) | 2.7 | 2.6 | 0.4 | 0.7 | 0.3 | (0.1) | (0.6) |
| Investing Cash Flow | (76.6) | (96.1) | (115.8) | (110.9) | (92.9) | (76.4) | (100.6) | (104.2) | (94.8) | (91.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (104.8) | (110.1) | (106.9) | (3.9) | (172.0) | 176.3 | (28.3) | (6.1) | (193.7) | (7.1) |
| Stock Repurchased | (3.2) | (3.1) | (28.4) | (84.4) | (73.3) | (0.7) | (25.6) | (1.9) | 0 | (0.2) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (171.0) | 0 |
| Other Financing Activities | 0 | (1.7) | (3.3) | 0 | (0.9) | (12.4) | (2.9) | 18.4 | (4.5) | (0.0) |
| Financing Cash Flow | (104.6) | (113.3) | (136.8) | (84.6) | (234.3) | 176.3 | (42.1) | 10.4 | 3.8 | (6.6) |
| Cash Position | ||||||||||
| Net Change in Cash | (35.2) | (75.8) | (79.6) | (76.3) | (68.3) | 334.9 | 22.3 | 12.8 | (0.7) | (0.7) |
| Cash at Beginning | 73.9 | 151.0 | 230.6 | 306.9 | 375.2 | 40.3 | 18.0 | 5.2 | 4.9 | 5.6 |
| Cash at End | 38.7 | 75.2 | 151.0 | 230.6 | 306.9 | 375.2 | 40.3 | 18.0 | 4.2 | 4.9 |
| Free Cash Flow | 73.5 | 38.1 | 58.3 | 5.7 | 163.4 | 158.2 | 63.8 | 2.1 | (3.0) | 7.6 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 1,987.5 | 1,823.3 | 2,126.5 | 1,644.7 | 2,079.5 | 1,711.8 | 1,724.3 | 1,536.9 | 1,375.3 | 1,196.2 | 1,062.5 | 932.7 |
| Gross Profit | 1,076.9 | 1,059.3 | 1,125.6 | 977.0 | 1,174.7 | 925.1 | 917.8 | 823.3 | 738.3 | 651.4 | 571.4 | 479.2 |
| Operating Income | 61.3 | (10.4) | (46.8) | 52.8 | 174.9 | 87.0 | 73.6 | 42.4 | 67.2 | 66.4 | 44.7 | 29.5 |
| Net Income | 29.6 | (28.5) | (65.9) | 42.1 | 128.2 | 36.3 | 32.8 | 23.7 | 45.8 | 14.8 | 3.6 | (23.9) |
| EPS (Diluted) | 0.37 | -0.36 | -0.84 | 0.52 | 1.43 | 0.44 | 0.40 | 0.30 | 0.70 | 0.18 | 0.05 | -0.54 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 38.7 | 73.9 | 149.9 | 229.4 | 305.8 | 373.9 | 39.3 | 17.1 | 4.2 | 4.9 | ||
| Total Assets | 2,126.6 | 2,007.8 | 2,172.5 | 2,291.2 | 2,293.1 | 2,333.5 | 2,032.7 | 1,661.4 | 1,583.8 | 1,531.1 | ||
| Total Debt | 694.6 | 816.0 | 923.2 | 1,002.8 | 973.3 | 1,044.7 | 953.4 | 578.1 | 569.2 | 745.6 | ||
| Stockholders' Equity | 869.5 | 816.3 | 829.4 | 901.1 | 926.0 | 906.5 | 776.4 | 743.2 | 659.6 | 401.9 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 146.3 | 133.6 | 173.0 | 119.2 | 258.9 | 235.0 | 165.1 | 106.6 | 90.3 | 97.6 | ||
| Capital Expenditure | (72.8) | (95.5) | (114.8) | (113.5) | (95.5) | (76.8) | (101.3) | (104.5) | (93.2) | (90.0) | ||
| Free Cash Flow | 73.5 | 38.1 | 58.3 | 5.7 | 163.4 | 158.2 | 63.8 | 2.1 | (3.0) | 7.6 | ||