SN - SharkNinja, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$154.00
DETAILS
HIGH:
$200.00
LOW:
$128.00
MEDIAN:
$145.00
CONSENSUS:
$154.00
UPSIDE:
37.46%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Revenue | 6,399.2 | 5,528.6 | 4,253.7 | 3,717.4 | 3,727.0 | 2,753.2 |
| Cost of Revenue | 3,262.7 | 2,866.6 | 2,345.9 | 2,307.2 | 2,288.8 | 1,499.7 |
| Gross Profit | 3,136.5 | 2,662.0 | 1,907.9 | 1,410.2 | 1,438.2 | 1,253.4 |
| Operating Expenses | ||||||
| R&D Expenses | 368.1 | 341.3 | 249.4 | 215.7 | 200.6 | 159.6 |
| SG&A Expenses | 1,848.1 | 1,676.5 | 1,284.9 | 873.2 | 799.3 | 628.4 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 2,216.2 | 2,017.8 | 1,534.3 | 1,088.8 | 999.9 | 788.0 |
| Operating Income | ||||||
| Operating Income | 921.1 | 644.2 | 373.6 | 321.4 | 438.3 | 465.4 |
| Interest Expense | 48.6 | 63.7 | 44.9 | 27.0 | 16.3 | 40.3 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||
| EBITDA | 1,088.5 | 759.3 | 442.0 | 415.7 | 508.8 | 537.8 |
| EBIT | 948.9 | 636.2 | 338.1 | 329.0 | 430.6 | 459.7 |
| Income Before Tax | 900.3 | 572.5 | 293.2 | 302.0 | 414.3 | 419.5 |
| Income Tax Expense | 198.9 | 133.8 | 126.2 | 69.6 | 83.2 | 92.3 |
| Net Income | 701.4 | 438.7 | 167.1 | 232.4 | 331.1 | 327.2 |
| Per Share Data | ||||||
| EPS (Basic) | 4.97 | 3.14 | 1.20 | 1.67 | 2.38 | 2.35 |
| EPS (Diluted) | 4.94 | 3.11 | 1.20 | 1.67 | 2.38 | 2.35 |
| Shares Outstanding | 141.0 | 139.9 | 139.0 | 139.0 | 139.0 | 139.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 777.3 | 363.7 | 154.1 | 192.9 | 225.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,667.1 | 1,266.6 | 985.2 | 839.4 | 906.0 |
| Inventory | 1,002.2 | 900.0 | 699.7 | 548.6 | 602.5 |
| Other Current Assets | 0 | 20 | 38.1 | 48.6 | 15.2 |
| Total Current Assets | 3,611.3 | 2,644.3 | 1,897.3 | 1,715.7 | 1,771.1 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 374.7 | 357.7 | 229.6 | 204.7 | 182.4 |
| Goodwill | 834.8 | 834.8 | 834.2 | 840.1 | 840.8 |
| Intangible Assets | 451.1 | 462.7 | 477.8 | 492.7 | 510.2 |
| Long-Term Investments | 0 | 0 | 477.8 | 0 | 0 |
| Other Non-Current Assets | 77.5 | 51.6 | (429.6) | 35.4 | 44.0 |
| Total Non-Current Assets | 1,738.2 | 1,749.9 | 1,589.8 | 1,579.2 | 1,585.3 |
| Total Assets | 5,349.4 | 4,394.2 | 3,487.1 | 3,294.9 | 3,356.4 |
| Current Liabilities | |||||
| Account Payables | 679.5 | 612.0 | 459.7 | 328.1 | 442.6 |
| Short-Term Debt | 39.3 | 39.3 | 24.2 | 87.0 | 49.4 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 468.8 |
| Other Current Liabilities | 132.5 | 693.9 | 502.4 | 44.5 | (83.7) |
| Total Current Liabilities | 1,773.6 | 1,529.5 | 1,125.1 | 968.7 | 993.5 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 696.8 | 736.1 | 775.5 | 349.2 | 436.0 |
| Deferred Tax Liabilities | 16.3 | 9.9 | 16.5 | 61.0 | 81.8 |
| Other Non-Current Liabilities | 45.6 | 37.3 | 28.0 | 26.0 | 19.8 |
| Total Non-Current Liabilities | 899.6 | 928.7 | 883.0 | 497.9 | 601.5 |
| Total Liabilities | 2,673.2 | 2,458.2 | 2,008.2 | 1,466.6 | 1,595.0 |
| Stockholders' Equity | |||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 1,610.4 | 909.0 | 470.3 | 896.7 | 798.0 |
| Accumulated Other Comprehensive Income | 20.3 | (11.3) | (1.0) | (9.7) | 8.9 |
| Total Stockholders' Equity | 2,676.2 | 1,936.0 | 1,478.9 | 1,828.3 | 1,761.4 |
| Total Liabilities & Equity | 5,349.4 | 4,394.2 | 3,487.1 | 3,294.9 | 3,356.4 |
| Debt Metrics | |||||
| Total Debt | 901.5 | 939.0 | 871.1 | 511.0 | 563.8 |
| Net Debt | 124.2 | 575.3 | 717.0 | 318.1 | 338.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | 701.4 | 438.7 | 167.1 | 232.4 | 331.1 | 327.2 |
| Depreciation & Amortization | 139.6 | 123.1 | 103.8 | 86.7 | 78.2 | 78.1 |
| Stock-Based Compensation | 43.9 | 84.5 | 47.0 | 5.5 | 13.9 | 10.0 |
| Change in Working Capital | (334.5) | (177.4) | (54.9) | (128.2) | (205.3) | (156.7) |
| Other Non-Cash Items | 45.0 | 25.1 | 59.4 | 25.2 | 26.4 | 42.3 |
| Operating Cash Flow | 634.1 | 446.6 | 280.6 | 205.0 | 229.1 | 293.4 |
| Investing Activities | ||||||
| Capital Expenditure | (159.8) | (151.2) | (131.8) | (94.4) | (60.1) | (61.1) |
| Acquisitions | 0 | 0 | 0 | (0.1) | (4.5) | (16.9) |
| Purchases of Investments | 0 | 0 | 0 | (0.1) | (4.5) | (3.5) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0.1 | 4.5 | 6.6 |
| Other Investing Activities | (13.7) | (13.5) | 4.7 | 42.1 | (1.8) | (6.6) |
| Investing Cash Flow | (159.8) | (151.2) | (118.1) | (52.4) | (66.4) | (81.4) |
| Financing Activities | ||||||
| Net Debt Issuance | (40.5) | (25.3) | 358.1 | (50.1) | (12.5) | (200.7) |
| Stock Repurchased | 0 | (61.4) | (4.3) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | (150.2) | (45.4) | (42) | 0 |
| Other Financing Activities | (51.4) | 5.5 | (438.5) | (64.6) | 0 | 80.0 |
| Financing Cash Flow | (77.1) | (81.2) | (234.9) | (160.2) | (54.5) | (120.7) |
| Cash Position | ||||||
| Net Change in Cash | 413.6 | 209.6 | (64.7) | (21.8) | 107.6 | 99.8 |
| Cash at Beginning | 363.7 | 154.1 | 218.8 | 240.6 | 133.0 | 33.3 |
| Cash at End | 777.3 | 363.7 | 154.1 | 218.8 | 240.6 | 133.0 |
| Free Cash Flow | 474.4 | 295.4 | 148.8 | 110.5 | 169.1 | 232.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 6,399.2 | 5,528.6 | 4,253.7 | 3,717.4 | 3,727.0 | 2,753.2 |
| Gross Profit | 3,136.5 | 2,662.0 | 1,907.9 | 1,410.2 | 1,438.2 | 1,253.4 |
| Operating Income | 921.1 | 644.2 | 373.6 | 321.4 | 438.3 | 465.4 |
| Net Income | 701.4 | 438.7 | 167.1 | 232.4 | 331.1 | 327.2 |
| EPS (Diluted) | 4.94 | 3.11 | 1.20 | 1.67 | 2.38 | 2.35 |
| Balance Sheet | ||||||
| Cash & Equivalents | 777.3 | 363.7 | 154.1 | 192.9 | 225.4 | |
| Total Assets | 5,349.4 | 4,394.2 | 3,487.1 | 3,294.9 | 3,356.4 | |
| Total Debt | 901.5 | 939.0 | 871.1 | 511.0 | 563.8 | |
| Stockholders' Equity | 2,676.2 | 1,936.0 | 1,478.9 | 1,828.3 | 1,761.4 | |
| Cash Flow | ||||||
| Operating Cash Flow | 634.1 | 446.6 | 280.6 | 205.0 | 229.1 | 293.4 |
| Capital Expenditure | (159.8) | (151.2) | (131.8) | (94.4) | (60.1) | (61.1) |
| Free Cash Flow | 474.4 | 295.4 | 148.8 | 110.5 | 169.1 | 232.4 |