HNST - The Honest Company, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$3.80
DETAILS
HIGH:
$4.00
LOW:
$3.40
MEDIAN:
$4.00
CONSENSUS:
$3.80
UPSIDE:
11.44%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 371.3 | 378.3 | 344.4 | 313.7 | 318.6 | 300.5 | 235.6 |
| Cost of Revenue | 247.6 | 233.7 | 243.8 | 221.3 | 209.5 | 192.6 | 159.7 |
| Gross Profit | 123.8 | 144.7 | 100.5 | 92.3 | 109.2 | 107.9 | 75.9 |
| Operating Expenses | |||||||
| R&D Expenses | 7.3 | 6.9 | 6.2 | 7.0 | 7.7 | 5.7 | 5.1 |
| SG&A Expenses | 130.7 | 144.1 | 131.0 | 135.1 | 138.3 | 115.7 | 102.2 |
| Other Expenses | 4.2 | 0 | 2.2 | 0 | 0 | 0 | 0 |
| Operating Expenses | 142.2 | 151.0 | 139.4 | 142.1 | 146.0 | 121.4 | 107.3 |
| Operating Income | |||||||
| Operating Income | (18.5) | (6.3) | (38.9) | (49.8) | (36.8) | (13.5) | (31.5) |
| Interest Expense | 3.0 | 0 | 0.3 | 0 | 1.8 | 0.8 | 0 |
| Interest Income | 0 | 0.5 | 0 | 0.5 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (3.0) | 3.0 | (36.2) | (40.8) | (32.7) | (8.7) | (23.8) |
| EBIT | (12.5) | (6.3) | (38.9) | (49.8) | (36.8) | (13.5) | (31.5) |
| Income Before Tax | (15.5) | (6.0) | (39.2) | (48.9) | (38.6) | (14.4) | (31.0) |
| Income Tax Expense | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income | (15.7) | (6.1) | (39.2) | (49.0) | (38.7) | (14.5) | (31.1) |
| Per Share Data | |||||||
| EPS (Basic) | -0.14 | -0.06 | -0.42 | -0.53 | -0.54 | -0.16 | -0.34 |
| EPS (Diluted) | -0.14 | -0.06 | -0.42 | -0.53 | -0.54 | -0.16 | -0.34 |
| Shares Outstanding | 111.2 | 100.2 | 94.5 | 92.2 | 71.1 | 90.2 | 90.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 89.6 | 75.4 | 32.8 | 9.5 | 50.8 | 29.3 | 13.5 |
| Short-Term Investments | 0 | 0 | 0 | 5.7 | 42.4 | 34.4 | 71.5 |
| Net Receivables | 33.8 | 43.5 | 43.1 | 42.3 | 31.8 | 22.8 | 24.3 |
| Inventory | 72.5 | 85.3 | 73.5 | 115.7 | 75.7 | 76.7 | 52.5 |
| Other Current Assets | 6.6 | 9.7 | 8.4 | 16.0 | 1 | 1.8 | 0 |
| Total Current Assets | 202.4 | 213.9 | 157.8 | 189.1 | 213.8 | 173.6 | 167.9 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 18.8 | 28.6 | 37.2 | 44.3 | 53.0 | 56.7 | 61.2 |
| Goodwill | 2.3 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
| Intangible Assets | 0.2 | 0.2 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.7 | 2.4 | 4.1 | 4.6 | 3.2 | 7.7 | 2.1 |
| Total Non-Current Assets | 23.0 | 33.5 | 43.8 | 51.5 | 58.8 | 67.2 | 66.1 |
| Total Assets | 225.4 | 247.4 | 201.6 | 240.6 | 272.6 | 240.7 | 234.0 |
| Current Liabilities | |||||||
| Account Payables | 15.1 | 22.8 | 22.3 | 24.8 | 28.7 | 31.1 | 20.8 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 1.2 | 2.2 | 0.8 | 0.7 | 0.7 | 0.8 |
| Other Current Liabilities | 35.7 | 0 | 0.6 | 23.5 | 16.5 | 0 | 0 |
| Total Current Liabilities | 50.8 | 59.9 | 56.7 | 63.6 | 48.5 | 54.1 | 38.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0.0 | 0.8 | 7.5 | 385.1 | 386.4 |
| Total Non-Current Liabilities | 4.9 | 13.2 | 21.8 | 30.7 | 45.0 | 423.5 | 425.6 |
| Total Liabilities | 55.7 | 73.1 | 78.5 | 94.2 | 93.5 | 477.6 | 464.3 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (500.9) | (485.2) | (479.1) | (439.8) | (391.7) | (353.0) | (338.5) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | (0.0) | (0.0) | 0.1 | 0.1 |
| Total Stockholders' Equity | 169.7 | 174.3 | 123.1 | 146.4 | 179.1 | (236.8) | (230.3) |
| Total Liabilities & Equity | 225.4 | 247.4 | 201.6 | 240.6 | 272.6 | 240.7 | 234.0 |
| Debt Metrics | |||||||
| Total Debt | 4.9 | 21.7 | 29.8 | 37.5 | 37.5 | 38.4 | 39.2 |
| Net Debt | (84.7) | (53.7) | (3.0) | 28.0 | (13.3) | 9.2 | 25.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (15.7) | (6.1) | (39.2) | (49.0) | (38.7) | (14.5) | (31.1) |
| Depreciation & Amortization | 9.6 | 9.3 | 9.0 | 8.9 | 4.1 | 4.9 | 7.7 |
| Stock-Based Compensation | 10.5 | 15.7 | 15.8 | 15.1 | 16.8 | 7.9 | 8.4 |
| Change in Working Capital | (14.2) | (18.0) | 35.2 | (50.7) | (20.8) | (10.5) | (4.8) |
| Other Non-Cash Items | 25.0 | 0.7 | (1.4) | (0.6) | 0.3 | 0.2 | (0.2) |
| Operating Cash Flow | 15.1 | 1.5 | 19.4 | (76.3) | (38.2) | (12.1) | (20.0) |
| Investing Activities | |||||||
| Capital Expenditure | (1.5) | (0.5) | (1.8) | (1.6) | (0.2) | (0.2) | (0.7) |
| Acquisitions | 0 | 0 | 0 | 0 | 8.4 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (12.8) | (65.3) | (22.5) | (74.4) |
| Sales/Maturities of Investments | 0 | 0 | 5.7 | 49.4 | 56.9 | 59.4 | 86.1 |
| Other Investing Activities | 0 | 0 | (0.0) | 0 | (8.4) | 0 | 0 |
| Investing Cash Flow | (1.5) | (0.5) | 3.8 | 35.0 | (8.6) | 36.7 | 11.0 |
| Financing Activities | |||||||
| Net Debt Issuance | (0.0) | (0.0) | (0.1) | (0.3) | (1.1) | (1.0) | (0.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) |
| Dividends Paid | 0 | 0 | 0 | 0 | (35) | 0 | 0 |
| Other Financing Activities | 0.2 | 0.2 | 0.2 | 0.3 | (0.0) | 0.0 | 0.3 |
| Financing Cash Flow | 0.5 | 41.6 | 0.1 | 0.0 | 60.4 | (1.0) | (0.3) |
| Cash Position | |||||||
| Net Change in Cash | 14.1 | 42.6 | 23.3 | (41.3) | 13.6 | 23.7 | (9.3) |
| Cash at Beginning | 75.4 | 32.8 | 9.5 | 50.8 | 37.2 | 13.5 | 22.8 |
| Cash at End | 89.6 | 75.4 | 32.8 | 9.5 | 50.8 | 37.2 | 13.5 |
| Free Cash Flow | 13.6 | 1.0 | 17.5 | (77.9) | (38.4) | (12.3) | (20.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 371.3 | 378.3 | 344.4 | 313.7 | 318.6 | 300.5 | 235.6 |
| Gross Profit | 123.8 | 144.7 | 100.5 | 92.3 | 109.2 | 107.9 | 75.9 |
| Operating Income | (18.5) | (6.3) | (38.9) | (49.8) | (36.8) | (13.5) | (31.5) |
| Net Income | (15.7) | (6.1) | (39.2) | (49.0) | (38.7) | (14.5) | (31.1) |
| EPS (Diluted) | -0.14 | -0.06 | -0.42 | -0.53 | -0.54 | -0.16 | -0.34 |
| Balance Sheet | |||||||
| Cash & Equivalents | 89.6 | 75.4 | 32.8 | 9.5 | 50.8 | 29.3 | 13.5 |
| Total Assets | 225.4 | 247.4 | 201.6 | 240.6 | 272.6 | 240.7 | 234.0 |
| Total Debt | 4.9 | 21.7 | 29.8 | 37.5 | 37.5 | 38.4 | 39.2 |
| Stockholders' Equity | 169.7 | 174.3 | 123.1 | 146.4 | 179.1 | (236.8) | (230.3) |
| Cash Flow | |||||||
| Operating Cash Flow | 15.1 | 1.5 | 19.4 | (76.3) | (38.2) | (12.1) | (20.0) |
| Capital Expenditure | (1.5) | (0.5) | (1.8) | (1.6) | (0.2) | (0.2) | (0.7) |
| Free Cash Flow | 13.6 | 1.0 | 17.5 | (77.9) | (38.4) | (12.3) | (20.7) |