Williams-Sonoma, Inc. (WSM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$2.06	$2.84	+37.9%	—	$2B	—
Q1 27	$1.8	$1.93	+7.2%	—	$1.8B	—
Q4 26	$2.9	$3.04	+4.8%	—	$2.4B	—
Q3 26	$1.87	$1.96	+4.8%	—	$1.9B	—
Q2 26	$1.79	$2	+11.7%	—	$1.8B	—
Q1 26	$1.75	$1.85	+5.7%	—	$1.7B	—
Q4 25	$2.94	$3.28	+11.6%	—	$2.5B	—
Q3 25	$1.76	$1.96	+11.4%	—	$1.8B	—
Q2 25	$1.6	$1.74	+8.7%	—	$1.8B	—
Q1 25	$1.37	$1.74	+27.0%	—	$1.7B	—
Q4 24	$2.58	$2.72	+5.4%	—	$2.3B	—
Q3 24	$1.67	$1.83	+9.6%	—	$1.9B	—
Q2 24	$1.36	$1.56	+14.7%	—	$1.9B	—
Q1 24	$1.19	$1.18	-0.8%	—	$1.8B	—
Q4 23	$2.75	$2.64	-4.0%	—	$2.5B	—
Q3 23	$3.71	$3.72	+0.3%	—	$2.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$8.96	—	—	$7.8B	—
FY25	—	$8.91	—	—	$7.7B	—
FY24	—	$7.36	—	—	$7.8B	—
FY23	—	$8.29	—	—	$8.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$5.1B	$5.3B	$5.7B	$5.9B	$6.8B	$8.2B	$8.7B	$7.8B	$7.7B	$7.8B
YoY change	+2.16%	+4.1%	+7.17%	+3.99%	+15%	+21.6%	+5.2%	-10.6%	-0.5%	+1.24%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	5.1B	5.3B	5.7B	5.9B	6.8B	8.2B	8.7B	7.8B	7.7B	7.8B
Cost of revenue	3.2B	3.4B	3.6B	3.8B	4.1B	4.6B	5B	4.4B	4.1B	4.2B
Gross profit	1.9B	1.9B	2.1B	2.1B	2.6B	3.6B	3.7B	3.3B	3.6B	3.6B
Gross margin	37%	36.5%	37%	36.3%	38.9%	44%	42.4%	42.6%	46.5%	46.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.4B	1.5B	1.7B	1.7B	1.7B	2.2B	2.2B	2.1B	2.2B	2.2B
Operating expenses	1.4B	1.5B	1.7B	1.7B	1.7B	2.2B	2.2B	2.1B	2.2B	2.2B
Operating income	472.6M	453.8M	436M	465.9M	910.7M	1.5B	1.5B	1.2B	1.4B	1.4B
Operating margin	9.3%	8.57%	7.69%	7.9%	13.4%	17.6%	17.3%	16.1%	18.5%	18.1%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	471.9M	452.4M	429.2M	457M	894.5M	1.5B	1.5B	1.3B	1.5B	1.5B
Income tax	166.5M	192.9M	95.6M	101M	213.8M	324.9M	372.8M	323.6M	360.5M	364.1M
Net income	305.4M	259.5M	333.7M	356.1M	680.7M	1.1B	1.1B	949.8M	1.1B	1.1B
Net margin	6.01%	4.9%	5.88%	6.04%	10%	13.7%	13%	12.3%	14.6%	13.9%
EBITDA	645.8M	636.9M	624.8M	653.6M	1.1B	1.6B	1.7B	1.5B	1.7B	1.6B
EPS	1.73	1.51	2.05	2.28	4.41	7.58	8.29	7.36	8.91	8.96
Diluted EPS	1.71	1.51	2.02	2.25	4.3	7.38	8.16	7.28	8.79	8.84

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	1.9B	2.3B	1.7B	1.8B	1.8B	2.5B	1.7B	1.8B	1.9B	2.4B	1.8B	2B
Cost of revenue	1B	1.2B	857.8M	962M	959M	1.4B	964.3M	972.1M	1B	1.3B	1B	947.8M
Gross profit	822.4M	1B	802.5M	826.3M	841.7M	1.1B	765.8M	864.6M	867.7M	1.1B	793.4M	1B
Gross margin	44.4%	46%	48.3%	46.2%	46.7%	45.2%	44.3%	47.1%	46.1%	46.9%	43.9%	51.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	507.3M	590.5M	478.7M	536.4M	521.1M	615.9M	475.1M	536.6M	548.6M	627.1M	501.7M	563.2M
Operating expenses	507.3M	590.5M	478.7M	536.4M	521.1M	615.9M	475.1M	536.6M	548.6M	627.1M	501.7M	563.2M
Operating income	315.1M	458.1M	323.8M	289.9M	320.6M	495.8M	290.7M	328.1M	319.1M	477.8M	291.7M	448.8M
Operating margin	17%	20.1%	19.5%	16.2%	17.8%	20.1%	16.8%	17.9%	17%	20.3%	16.2%	22.9%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	322.3M	471.2M	339.9M	305.1M	332.4M	508.3M	300.2M	337.1M	328.9M	486.2M	298.6M	461.2M
Income tax	85M	116.8M	74.2M	79.4M	83.5M	123.4M	69M	89.6M	87.3M	118.2M	67.2M	123.1M
Net income	237.3M	354.4M	265.7M	225.7M	249M	384.9M	231.3M	247.6M	241.6M	368M	231.4M	338.1M
Net margin	12.8%	15.6%	16%	12.6%	13.8%	15.6%	13.4%	13.5%	12.8%	15.6%	12.8%	17.3%
EBITDA	370.3M	524.7M	380.8M	346.2M	379M	553.9M	347.1M	384.8M	376.7M	538.6M	347.8M	505.4M
EPS	1.85	—	2.07	1.76	1.99	—	1.88	2.03	1.99	3.09	1.95	2.87
Diluted EPS	1.83	—	2.04	1.74	1.96	—	1.85	2	1.96	3.04	1.93	2.84

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	4.3B	4.3B	4.4B	5.5B	10B	11.9B	9.2B	12.5B	26.7B	24.9B	27.2B
Enterprise value	4.1B	4.2B	4.4B	6.7B	10.3B	12.4B	10.3B	12.6B	26.8B	25.3B	27.8B
Shares outstanding	177.2M	167.5M	162.8M	156.2M	154.5M	148.5M	136M	129.1M	126.2M	121.4M	121.4M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	14	16.5	13.3	15.4	14.6	10.6	8.14	13.1	23.7	22.8	23.8
P/S	0.84	0.81	0.78	0.93	1.47	1.45	1.06	1.61	3.46	3.18	3.41
P/B	3.42	3.56	3.83	4.43	6.03	7.16	5.4	5.87	12.5	11.9	14.6
EV/EBITDA	6.28	6.59	7.03	10.2	9.36	7.49	5.99	8.54	16.2	15.4	16.8
EV/Sales	0.8	0.79	0.77	1.13	1.52	1.5	1.18	1.63	3.48	3.24	3.47
Earnings yield	7.15%	6.05%	7.53%	6.5%	6.83%	9.45%	12.3%	7.61%	4.22%	4.38%	4.2%
FCF yield	7.66%	7.23%	8.93%	7.69%	11.1%	9.6%	7.61%	11.9%	4.27%	4.25%	3.93%
PEG	—	—	—	—	—	—	—	—	—	—	0.58

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	37%	36.5%	37%	36.3%	38.9%	44%	42.4%	42.6%	46.5%	46.2%	51.6%
Operating margin	9.3%	8.57%	7.69%	7.9%	13.4%	17.6%	17.3%	16.1%	18.5%	18.1%	17.3%
Net margin	6.01%	4.9%	5.88%	6.04%	10%	13.7%	13%	12.3%	14.6%	13.9%	14.7%
ROE	24.5%	21.6%	28.9%	28.8%	41.2%	67.7%	66.3%	44.6%	52.5%	52.3%	55%
ROA	12.3%	9.32%	11.9%	8.78%	14.6%	24.3%	24.2%	18%	21.2%	20.1%	16.6%
ROIC	29.6%	23.4%	30.4%	15%	34.9%	53.8%	40.5%	41.1%	47.6%	42.1%	43.6%
Return on tangible assets	12.3%	9.44%	12.6%	9.17%	15.2%	25.3%	25%	18.6%	21.9%	20.7%	22%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.42	1.62	1.58	1.09	1.33	1.31	1.24	1.45	1.44	1.39	1.45
Quick ratio	0.41	0.57	0.53	0.41	0.79	0.61	0.35	0.78	0.74	0.64	0.68
Debt / equity	—	0.25	0.26	1.31	0.93	0.77	0.85	0.65	0.63	0.7	0.71
Debt / assets	—	0.11	0.11	0.4	0.33	0.28	0.31	0.26	0.25	0.27	0.28
Net debt / EBITDA	—	-0.14	-0.06	1.82	0.3	0.26	0.63	0.09	0.08	0.27	0.28
Interest coverage	—	—	65	52.6	56.1	779.2	—	—	—	—	—
Effective tax rate	35.3%	42.6%	22.3%	22.1%	23.9%	22.4%	24.8%	25.4%	24.3%	25.1%	25.1%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	28.7	31.6	34.8	37.8	43.9	55.5	63.8	60	61.1	64.3	67.2
EPS (basic)	1.73	1.51	2.05	2.28	4.41	7.58	8.29	7.36	8.91	8.96	8.96
EPS (diluted)	1.71	1.51	2.02	2.25	4.3	7.38	8.16	7.28	8.79	8.84	9.74
Book value per share	7.04	7.19	7.1	7.91	10.7	11.2	12.5	16.5	17	17.1	15.9
FCF per share	1.85	1.85	2.43	2.7	7.15	7.71	5.14	11.6	9.02	8.69	11.3
Cash per share	1.21	2.33	2.08	2.77	7.77	5.72	2.7	9.77	9.61	8.4	8.74
Capex per share	1.11	1.13	1.17	1.19	1.1	1.52	2.6	1.46	1.76	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.88%	3.58%	3.35%	3.16%	2.5%	2.75%	4.08%	2.43%	2.87%	—	—
Capex / operating cash flow	36%	40.3%	30.7%	31.3%	15.7%	17.3%	31.6%	11.7%	16.1%	—	—
Payout ratio	43.7%	52%	42.1%	42.3%	23.2%	16.7%	19.3%	24.5%	24.9%	29.1%	29.1%
Dividend yield	3.13%	3.15%	3.17%	2.75%	1.58%	1.57%	2.37%	1.86%	1.05%	1.27%	1.31%

Yield

1.31%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.76

ex-dividend Jul 17, 2026

Payout ratio

29%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 17, 2026	$0.76
Apr 17, 2026	$0.76
Jan 16, 2026	$0.66

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	$1.9B	$2.3B	$1.7B	$1.8B	$1.8B	$2.5B	$1.7B	$1.8B	$1.9B	$2.4B	$1.8B	$2B
YoY change	-15.5%	-7.1%	-5.42%	-3.99%	-2.86%	+8.04%	+4.2%	+2.71%	+4.56%	-4.27%	+4.35%	+6.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	213.7M	390.1M	339M	432.2M	1.2B	850.3M	367.3M	1.3B	1.2B	1B
Receivables	88.8M	90.1M	107.1M	111.7M	143.7M	131.7M	115.7M	122.9M	117.7M	126.8M
Inventory	977.5M	1.1B	1.1B	1.1B	1B	1.2B	1.5B	1.2B	1.3B	1.5B
Total current assets	1.4B	1.6B	1.7B	1.8B	2.5B	2.3B	2B	2.7B	2.8B	2.7B
Property, plant & equipment	923.3M	932.3M	929.6M	2.1B	2B	2.1B	2.4B	2.2B	2.2B	2.4B
Goodwill & intangibles	—	37.7M	170.8M	170.7M	170.9M	170.7M	154.6M	154.6M	154.5M	154.8M
Total assets	2.5B	2.8B	2.8B	4.1B	4.7B	4.6B	4.7B	5.3B	5.3B	5.4B
Accounts payable	453.7M	457.1M	526.7M	521.2M	543M	612.5M	508.3M	607.9M	645.7M	638M
Short-term debt	—	—	—	527.7M	509.1M	217.4M	232M	234.5M	234.2M	221.4M
Total current liabilities	961.3M	1B	1.1B	1.6B	1.8B	1.8B	1.6B	1.9B	1.9B	2B
Long-term debt	—	299.4M	299.6M	1.1B	1B	1.1B	1.2B	1.2B	1.1B	1.2B
Total liabilities	1.2B	1.6B	1.7B	2.8B	3B	3B	3B	3.1B	3.2B	3.3B
Shareholders' equity	1.2B	1.2B	1.2B	1.2B	1.7B	1.7B	1.7B	2.1B	2.1B	2.1B
Total debt	—	299.4M	299.6M	1.6B	1.5B	1.3B	1.4B	1.4B	1.3B	1.5B
Net debt	—	-90.7M	-39.3M	1.2B	333.8M	433.9M	1.1B	128.6M	134.3M	437.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Cash & short-term investments	698.8M	1.3B	1.3B	1.3B	826.8M	1.2B	1B	985.8M	884.7M	1B	651.6M	1B
Receivables	124.2M	122.9M	115.2M	112.5M	105.6M	117.7M	122.8M	115.5M	118.4M	126.8M	139.3M	146.2M
Inventory	1.4B	1.2B	1.2B	1.2B	1.5B	1.3B	1.3B	1.4B	1.5B	1.5B	1.5B	1.4B
Total current assets	2.3B	2.7B	2.7B	2.7B	2.5B	2.8B	2.6B	2.7B	2.6B	2.7B	2.3B	2.7B
Property, plant & equipment	2.3B	2.2B	2.2B	2.1B	2.2B	2.2B	2.2B	2.3B	2.3B	2.4B	2.4B	2.4B
Goodwill & intangibles	154.6M	154.6M	154.6M	154.6M	154.6M	154.5M	154.7M	154.7M	154.7M	154.8M	154.8M	154.7M
Total assets	4.9B	5.3B	5.2B	5.2B	5B	5.3B	5.2B	5.2B	5.3B	5.4B	5.1B	5.5B
Accounts payable	675.5M	607.9M	502.1M	595.6M	665.8M	645.7M	553.7M	601.7M	667.5M	638M	560.7M	703.8M
Short-term debt	231.2M	234.5M	229.6M	233.4M	231.7M	234.2M	229.1M	222.6M	220.2M	221.4M	215.2M	217M
Total current liabilities	1.8B	1.9B	1.7B	1.8B	1.8B	1.9B	1.7B	1.8B	1.9B	2B	1.8B	1.9B
Long-term debt	1.2B	1.2B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.3B	1.3B
Total liabilities	3.1B	3.1B	3B	3B	3.1B	3.2B	3B	3.1B	3.2B	3.3B	3.2B	3.4B
Shareholders' equity	1.8B	2.1B	2.2B	2.3B	1.9B	2.1B	2.2B	2.1B	2.1B	2.1B	1.9B	2.1B
Total debt	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B
Net debt	696.1M	128.6M	87.1M	49.2M	488.7M	134.3M	321.6M	408.4M	581.1M	437.1M	842M	499M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	305.4M	259.5M	333.7M	356.1M	680.7M	1.1B	1.1B	949.8M	1.1B	1.1B
Depreciation & amortization	173.2M	183.1M	188.8M	187.8M	188.7M	196.1M	214.2M	232.6M	229.8M	231.4M
Stock-based compensation	51.1M	43M	59.8M	64.2M	73.2M	95.2M	90.3M	84.8M	99M	106.5M
Change in working capital	36.6M	-52.3M	40.5M	-218.8M	-57M	-320.5M	-517.8M	126.6M	-321.3M	-407.3M
Operating cash flow	547.7M	471.2M	619.7M	594.7M	1.1B	1.3B	1.1B	1.6B	1.4B	1.3B
Capital expenditure	-197.4M	-189.7M	-190.1M	-186.3M	-169.5M	-226.5M	-354.1M	-188.5M	-221.6M	—
Investing cash flow	-197M	-269.8M	-187.9M	-185.5M	-168.9M	-226.2M	-354M	-188.3M	-221.2M	-1.1M
Dividends paid	-133.5M	-135M	-140.3M	-150.6M	-157.6M	-187.5M	-217.3M	-232.5M	-280.1M	-316.5M
Share repurchases	-151.3M	-196.2M	-295.3M	-148.8M	-150M	-899.4M	-880M	-313M	-807.5M	-854M
Financing cash flow	-432.3M	-221.7M	-510.1M	-427.2M	-830.8M	-1.5B	-1.2B	-598.3M	-1.2B	-1.3B
Net change in cash	-81.6M	-20.3M	-78.3M	-18M	83.1M	-405.7M	-412.9M	830.5M	-29.1M	61.4M
Free cash flow	327.3M	310M	395.9M	421M	1.1B	1.1B	698.7M	1.5B	1.1B	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Net income	237.3M	354.4M	265.7M	231M	263.1M	384.9M	231.3M	247.6M	241.6M	368M	231.4M	338.1M
Depreciation & amortization	55.2M	66.6M	57M	56.3M	58.4M	58.1M	56.4M	56.8M	57.5M	60.8M	56.1M	56.6M
Stock-based compensation	22.3M	18.3M	23M	21.9M	21.2M	32.9M	20.4M	26.6M	30.2M	29.4M	29.5M	32M
Change in working capital	365K	64.1M	-129.7M	-24.3M	-224M	19.7M	-161.3M	-116.9M	-97M	-32.1M	-130.6M	64.4M
Operating cash flow	370M	550.4M	281M	341.9M	177.9M	558M	205M	282.7M	316.3M	596.9M	156.3M	539.5M
Capital expenditure	-42M	-53.6M	-39.5M	-31.4M	-83.4M	-67.2M	-58.3M	—	—	—	—	—
Investing cash flow	-41.8M	-53.8M	-39.5M	-31.5M	-83M	-67.2M	-58.2M	-1.2M	23K	34K	10K	52K
Dividends paid	-57.9M	-57.9M	-62.9M	-72.9M	-73.1M	-71.2M	-74.7M	-81.3M	-80.6M	-79.9M	-85.6M	-89.9M
Share repurchases	-3M	0	-43.8M	-129.8M	-533.9M	-100M	-90M	-199.1M	-266.6M	-298.3M	-287.8M	0
Financing cash flow	-62.1M	-59.6M	-193.7M	-204.6M	-608.8M	-177.2M	-230M	-291.1M	-349M	-382.2M	-467M	-103M
Net change in cash	266.1M	437M	47.8M	105.8M	-514M	313.6M	-83.2M	-9.6M	-32.7M	214.7M	-310.6M	436.6M
Free cash flow	248.5M	621.2M	187.3M	215.1M	170.1M	566.3M	60.7M	230.7M	248.1M	516M	98.6M	480.8M

Date	Ratio
May 10, 2002	2:1
May 18, 1998	2:1
Sep 27, 1994	3:2
Feb 22, 1994	3:2
Jul 2, 1990	3:2
Jun 29, 1989	3:2
Jun 27, 1986	3:2

Williams-Sonoma, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history