Sally Beauty Holdings, Inc. logo SBH - Sally Beauty Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 17
SELL 4
STRONG
SELL
0
| PRICE TARGET: $17.75 DETAILS
HIGH: $20.00
LOW: $16.00
MEDIAN: $17.50
CONSENSUS: $17.75
UPSIDE: 40.76%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue
Revenue 3,701.4 3,717.0 3,728.1 3,815.6 3,875.0 3,514.3 3,876.4 3,932.6 3,938.3 3,952.6 3,834.3 3,753.5 3,622.2 3,523.6 3,269.1 2,916.1 2,636.6 2,648.2 2,513.8 2,373.1 2,254.3 2,097.7 1,824.0 1,667.1 1,460.1
Cost of Revenue 1,790.7 1,826.7 1,835.7 1,878.1 1,920.2 1,798.7 1,965.9 1,988.2 1,973.4 1,988.7 1,936.5 1,893.3 1,827.0 1,780.4 1,674.5 1,511.7 1,393.3 1,413.6 1,360.0 1,286.3 1,227.3 1,146.8 1,016.9 952.1 837.4
Gross Profit 1,910.7 1,890.3 1,892.4 1,937.5 1,954.8 1,715.6 1,910.5 1,944.4 1,964.9 1,963.9 1,897.9 1,860.2 1,795.3 1,743.3 1,594.6 1,404.4 1,243.3 1,234.6 1,153.7 1,086.8 1,027 950.9 807.1 715.0 622.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,601.4 1,603.4 1,550.3 1,540.2 1,520.7 1,442.8 1,452.8 1,375.4 1,348.5 1,363.6 1,309.8 1,270.0 1,202.7 1,179.2 1,086.4 1,012.3 899.4 903.1 861.1 865.1 830.4 711.2 591.3 528.0 0
Other Expenses (18.5) 4.2 17.0 59.6 15.7 14.0 0 0 112.3 99.7 89.4 79.7 72.2 64.7 59.7 51.1 47.1 48.5 42.6 0 0 70.0 45.7 0 0
Operating Expenses 1,582.9 1,607.6 1,567.4 1,599.8 1,536.3 1,456.8 1,452.8 1,484.2 1,463.6 1,465.6 1,402.5 1,353.2 1,274.9 1,243.9 1,146.1 1,063.4 946.5 951.7 903.7 865.1 830.4 781.2 637.0 528.0 0
Operating Income
Operating Income 327.8 282.7 325.0 337.6 418.4 258.8 350.1 426.6 478.6 498.3 495.3 507.0 520.4 499.4 448.5 340.9 296.8 282.9 228.6 180.2 196.6 169.6 170.1 187.0 622.7
Interest Expense 64.4 76.4 73.0 93.5 93.5 98.8 96.3 98.2 132.9 144.2 116.8 116.3 107.7 138.4 112.5 113.0 132.0 159.1 146.0 0.1 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 427.7 393.5 441.1 493.1 529.7 379.6 457.8 535.4 590.9 598.0 584.7 586.7 592.6 564.1 508.2 392.1 343.9 331.4 300.1 220.0 230.5 194.2 192.4 187.0 622.7
EBIT 327.8 283.8 338.6 393.1 427.5 272.8 458.5 426.6 478.6 498.3 495.3 507.0 520.4 499.4 448.5 340.9 296.8 279.0 250.1 221.7 196.6 169.6 170.1 187.0 622.7
Income Before Tax 263.4 206.3 252.1 244.1 324.9 160.0 362.2 328.4 345.7 354.1 378.5 390.7 412.7 360.9 335.9 227.9 164.8 123.8 82.6 180.1 189.6 167.4 169.7 154.8 142.4
Income Tax Expense 67.5 52.9 67.5 60.5 85.1 46.7 90.5 70.4 130.6 131.1 143.4 144.7 151.5 127.9 122.2 84.1 65.7 46.2 38.1 69.9 73.2 62.1 62.2 57.0 53.1
Net Income 195.9 153.4 184.6 183.6 239.9 113.2 271.6 258.0 215.1 222.9 235.1 246.0 261.2 233.1 213.7 143.8 99.1 77.6 44.5 110.2 116.5 105.3 107.5 97.8 89.3
Per Share Data
EPS (Basic) 1.95 1.48 1.72 1.69 2.13 0.99 2.27 2.09 1.56 1.51 1.50 1.54 1.52 1.27 1.17 0.79 0.55 0.43 0.25 0.61 0.66 0.58 0.60 0.54 0.50
EPS (Diluted) 1.89 1.43 1.69 1.66 2.10 0.99 2.26 2.08 1.56 1.50 1.49 1.51 1.48 1.24 1.14 0.78 0.54 0.42 0.24 0.61 0.65 0.58 0.60 0.54 0.50
Shares Outstanding 100.7 103.9 107.3 108.7 112.7 113.9 119.6 123.2 137.5 147.2 156.4 159.9 171.7 183.4 183.0 182.0 181.7 181.2 180.4 180.1 176.2 180.1 180.1 180.1 180.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001
Current Assets
Cash & Cash Equivalents 149.2 108.0 123.0 70.6 401.0 514.2 71.5 77.3 63.8 86.6 54.4 99.8 45.5 0 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 22.6 0 0 0
Net Receivables 116.6 92.2 75.9 72.3 66.6 56.4 104.5 90.5 92.2 84.0 67.7 67.2 55.6 0 0 0
Inventory 987.6 1,036.6 975.2 936.4 871.3 814.5 952.9 944.3 930.9 907.3 559.7 598.2 483.5 0 0 0
Other Current Assets 48.2 68.5 53.9 53.2 44.7 48.0 34.6 43.0 55.2 94.9 15.6 20.7 10.2 0 0 0
Total Current Assets 1,301.5 1,305.3 1,228.0 1,132.4 1,383.6 1,433.1 1,163.6 1,155.1 1,170.5 1,172.8 715.9 805.6 625.6 0 0 0
Non-Current Assets
Property, Plant & Equipment 931.0 852.4 868.4 830.1 845.0 840.7 319.6 308.4 313.7 319.6 151.3 156.3 125.8 93.7 81.5 0
Goodwill 540.7 538.3 533.1 526.1 541.2 540.0 530.8 535.9 537.8 532.7 494.1 425.0 304.8 0 0 0
Intangible Assets 53.0 60.0 55.2 50.3 55.5 58.3 62.1 72.7 80.3 93.0 78.7 85.4 17.5 0 0 0
Long-Term Investments 0.1 0 4.7 3.9 0.0 (92.1) (80.4) (76.0) 5.2 0 0 (20.7) 0 0 0 0
Other Non-Current Assets 44.9 36.9 40.6 38.0 21.8 23.1 22.4 25.4 20.8 14.0 50.7 54.7 28.8 (93.7) (81.5) 0
Total Non-Current Assets 1,569.6 1,487.6 1,497.3 1,444.5 1,463.6 1,462.0 934.9 942.3 952.6 959.2 774.8 721.4 476.9 0 0 0
Total Assets 2,871.1 2,792.9 2,725.2 2,576.9 2,847.1 2,895.1 2,098.4 2,097.4 2,123.1 2,132.1 1,490.7 1,527.0 1,102.4 932.2 838.7 656.5
Current Liabilities
Account Payables 224.5 269.4 258.9 275.7 291.6 236.3 278.7 303.2 307.8 271.4 193.6 172.0 145.0 0 0 0
Short-Term Debt 4 4.1 4.2 68.7 0.2 0.2 0.0 5.5 96.1 0.7 24.5 100.6 0.2 0 0 0
Deferred Revenue 14.2 16.1 18.3 18.8 18.5 16.7 18.2 18.4 20.6 23.2 0 154.7 0 0 0 0
Other Current Liabilities 92.4 0 75.2 83.6 114.3 99.2 87.9 100.7 86.1 115.7 93.4 95.8 46.9 0 0 0
Total Current Liabilities 576.0 592.7 579.3 667.9 664.9 563.4 456.1 491.2 574.6 488.7 374.2 438.4 247.9 0 0 0
Non-Current Liabilities
Long-Term Debt 862.0 978.3 1,065.8 1,083.0 1,382.0 1,796.9 1,594.5 1,768.8 1,771.9 1,783.3 1,653.0 1,724.7 34.9 0 0 0
Deferred Tax Liabilities 79.5 91.8 93.2 85.1 85.8 92.1 80.4 76.0 120.2 114.7 33.6 37.3 10.3 0 0 0
Other Non-Current Liabilities 21.0 22.1 23.1 22.4 29.1 33.0 27.8 30.0 20.1 21.6 43.6 29.6 23.2 0 0 0
Total Non-Current Liabilities 1,500.9 1,571.7 1,637.2 1,615.3 1,901.5 2,316.3 1,702.7 1,874.8 1,912.1 1,919.6 1,732.0 1,791.5 68.4 0 0 0
Total Liabilities 2,076.9 2,164.4 2,216.5 2,283.2 2,566.4 2,879.7 2,158.8 2,366.0 2,486.7 2,408.2 2,106.2 2,230.0 316.3 254.0 262.9 191.5
Stockholders' Equity
Common Stock 1.0 1.0 1.1 1.1 1.1 1.1 1.2 1.2 1.3 1.4 1.8 1.8 58.6 0 0 0
Retained Earnings 898.1 740.7 624.8 440.2 357.0 117.1 55.8 (179.8) (283.1) (177.6) (1,236.9) (1,336.0) 718.4 0 0 0
Accumulated Other Comprehensive Income (104.8) (113.2) (122.8) (151.8) (94.6) (104.7) (117.3) (90.0) (81.8) (100.1) (15.9) 8.7 9.2 0 0 0
Total Stockholders' Equity 794.2 628.5 508.7 293.6 280.7 15.4 (60.3) (268.6) (363.6) (276.2) (615.5) (703.0) 786.2 678.2 575.9 465.0
Total Liabilities & Equity 2,871.1 2,792.9 2,725.2 2,576.9 2,847.1 2,895.1 2,098.4 2,097.4 2,123.1 2,132.1 1,490.7 1,527.0 1,102.4 932.2 838.7 656.5
Debt Metrics
Total Debt 1,563.0 1,598.1 1,675.5 1,734.2 1,943.1 2,344.7 1,594.5 1,774.3 1,867.9 1,784.0 1,677.5 1,825.3 35.1 0 0 0
Net Debt 1,413.8 1,490.1 1,552.5 1,663.6 1,542.1 1,830.6 1,523.0 1,697.0 1,804.2 1,697.4 1,623.1 1,725.5 (10.3) 0 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004
Operating Activities
Net Income 195.9 153.4 184.6 183.6 239.9 113.2 271.6 258.0 215.1 222.9 116.5 105.3
Depreciation & Amortization 99.9 109.7 102.4 99.9 102.2 106.8 107.7 108.8 112.3 99.7 33.9 24.6
Stock-Based Compensation 19.2 17.2 15.9 9.9 11.7 8.4 9.2 10.5 10.5 12.6 0 0
Change in Working Capital (8.7) (38.8) (71.6) (164.1) 26.7 177.0 (70.8) 10.9 (49.3) (41.3) (48.9) 3.8
Other Non-Cash Items (19.3) 6.7 8.4 44.8 8.8 7.7 (2.8) 4.9 41.6 35.7 2.6 18.3
Operating Cash Flow 274.8 246.5 249.3 156.5 381.9 426.9 320.4 372.7 344.4 351.0 115.5 159.2
Investing Activities
Capital Expenditure (102.1) (101.2) (90.7) (99.2) (73.9) (110.9) (107.8) (86.5) (89.7) (151.2) (52.2) (52.0)
Acquisitions 0.3 (7.7) (9.0) (3.2) (2.4) (13.0) (3.4) (9.2) 0.0 (26.1) (96.9) (123.7)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (22.1) (81.4)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 44.6 116.3
Other Investing Activities 43.6 0 0 0 0.2 0.1 15.3 0.4 0.0 2.5 0.6 0.8
Investing Cash Flow (58.3) (108.9) (99.8) (102.4) (76.0) (123.8) (95.9) (95.3) (89.6) (174.8) (126.0) (139.9)
Financing Activities
Net Debt Issuance (119.1) (84.1) (81.2) (250.3) (422.2) 204.6 (184.0) (97.9) 60.6 (39.3) 15.6 1.4
Stock Repurchased (54.0) (60.4) (15.2) (130.3) 0 (61.4) (47.4) (166.7) (346.9) (209.1) 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 (11.8) 0
Other Financing Activities (5.3) (9.2) (4.5) 6.9 (1.3) (3.5) 2.2 1.4 9.0 16.2 0 (35.4)
Financing Cash Flow (178.4) (153.7) (100.8) (373.7) (420.0) 139.8 (229.3) (263.3) (278.4) (229.0) 3.7 (34)
Cash Position
Net Change in Cash 41.2 (15.0) 52.4 (330.4) (113.2) 442.7 (5.8) 13.5 (22.9) (53.4) (6.8) (15.3)
Cash at Beginning 108.0 123.0 70.6 401.0 514.2 71.5 77.3 63.8 86.6 140.0 45.5 60.7
Cash at End 149.2 108.0 123.0 70.6 401.0 514.2 71.5 77.3 63.8 86.6 38.6 45.5
Free Cash Flow 172.7 145.4 158.6 57.2 308.0 316.0 212.7 286.2 254.7 199.8 63.2 107.3
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Income Statement
Revenue 3,701.4 3,717.0 3,728.1 3,815.6 3,875.0 3,514.3 3,876.4 3,932.6 3,938.3 3,952.6 3,834.3 3,753.5 3,622.2 3,523.6 3,269.1 2,916.1 2,636.6 2,648.2 2,513.8 2,373.1 2,254.3 2,097.7 1,824.0 1,667.1 1,460.1
Gross Profit 1,910.7 1,890.3 1,892.4 1,937.5 1,954.8 1,715.6 1,910.5 1,944.4 1,964.9 1,963.9 1,897.9 1,860.2 1,795.3 1,743.3 1,594.6 1,404.4 1,243.3 1,234.6 1,153.7 1,086.8 1,027 950.9 807.1 715.0 622.7
Operating Income 327.8 282.7 325.0 337.6 418.4 258.8 350.1 426.6 478.6 498.3 495.3 507.0 520.4 499.4 448.5 340.9 296.8 282.9 228.6 180.2 196.6 169.6 170.1 187.0 622.7
Net Income 195.9 153.4 184.6 183.6 239.9 113.2 271.6 258.0 215.1 222.9 235.1 246.0 261.2 233.1 213.7 143.8 99.1 77.6 44.5 110.2 116.5 105.3 107.5 97.8 89.3
EPS (Diluted) 1.89 1.43 1.69 1.66 2.10 0.99 2.26 2.08 1.56 1.50 1.49 1.51 1.48 1.24 1.14 0.78 0.54 0.42 0.24 0.61 0.65 0.58 0.60 0.54 0.50
Balance Sheet
Cash & Equivalents 149.2 108.0 123.0 70.6 401.0 514.2 71.5 77.3 63.8 86.6 54.4 99.8 45.5 0 0 0
Total Assets 2,871.1 2,792.9 2,725.2 2,576.9 2,847.1 2,895.1 2,098.4 2,097.4 2,123.1 2,132.1 1,490.7 1,527.0 1,102.4 932.2 838.7 656.5
Total Debt 1,563.0 1,598.1 1,675.5 1,734.2 1,943.1 2,344.7 1,594.5 1,774.3 1,867.9 1,784.0 1,677.5 1,825.3 35.1 0 0 0
Stockholders' Equity 794.2 628.5 508.7 293.6 280.7 15.4 (60.3) (268.6) (363.6) (276.2) (615.5) (703.0) 786.2 678.2 575.9 465.0
Cash Flow
Operating Cash Flow 274.8 246.5 249.3 156.5 381.9 426.9 320.4 372.7 344.4 351.0 115.5 159.2
Capital Expenditure (102.1) (101.2) (90.7) (99.2) (73.9) (110.9) (107.8) (86.5) (89.7) (151.2) (52.2) (52.0)
Free Cash Flow 172.7 145.4 158.6 57.2 308.0 316.0 212.7 286.2 254.7 199.8 63.2 107.3