YETI Holdings, Inc. (YETI) 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 26	$0.55	$0.67	+21.8%	—	$483.9M	—
Q1 26	$0.19	$0.26	+36.8%	—	$380.4M	—
Q3 25	$0.58	$0.61	+5.2%	—	$487.8M	—
Q2 25	$0.55	$0.66	+20.0%	—	$445.9M	—
Q1 25	$0.27	$0.31	+14.8%	—	$351.1M	—
Q4 24	$0.93	$1	+7.5%	—	$546.5M	—
Q3 24	$0.66	$0.71	+7.6%	—	$478.4M	—
Q2 24	$0.63	$0.7	+11.1%	—	$463.5M	—
Q1 24	$0.24	$0.34	+41.7%	—	$341.4M	—
Q4 23	$0.96	$0.9	-6.2%	—	$519.8M	—
Q3 23	$0.55	$0.6	+9.1%	—	$433.6M	—
Q2 23	$0.47	$0.57	+21.3%	—	$402.6M	—
Q1 23	$0.16	$0.18	+12.5%	—	$302.8M	—
Q4 22	$0.79	$0.78	-1.3%	—	$448M	—
Q3 22	$0.59	$0.63	+6.8%	—	$433.6M	—
Q2 22	$0.68	$0.63	-7.4%	—	$420M	—

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 %
FY25	—	$2.05	—	—	$1.9B	—
FY24	—	$2.07	—	—	$1.8B	—
FY23	—	$1.96	—	—	$1.7B	—
FY22	—	$1.04	—	—	$1.6B

Total revenue

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

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$818.9M	$639.2M	$778.8M	$913.7M	$1.1B	$1.4B	$1.6B	$1.7B	$1.8B	$1.9B
YoY change	+74.6%	-21.9%	+21.8%	+17.3%	+19.5%	+29.2%	+13.1%	+3.98%	+10.3%	+2.11%

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	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	818.9M	639.2M	778.8M	913.7M	1.1B	1.4B	1.6B	1.7B	1.8B	1.9B
Cost of revenue	405M	344.6M	395.7M	438.4M	462.9M	594.9M	831.8M	715.5M	766.6M	795.8M
Gross profit	414M	294.6M	383.1M	475.3M	628.8M	816.1M	763.4M	943.2M	1.1B	1.1B
Gross margin	50.5%	46.1%	49.2%	52%	57.6%	57.8%	47.9%	56.9%	58.1%	57.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	325.8M	230.6M	281M	385.5M	414.6M	541.2M	637M	717.7M	817.9M	859.1M
Operating expenses	325.8M	230.6M	281M	385.5M	414.6M	541.2M	637M	717.7M	817.9M	859.1M
Operating income	88.2M	64M	102.2M	89.8M	214.2M	274.9M	126.4M	225.5M	245.4M	213.6M
Operating margin	10.8%	10%	13.1%	9.82%	19.6%	19.5%	7.92%	13.6%	13.4%	11.4%
Non-operating income, net	-1.2M	699K	-1.3M	-734K	123K	-3.2M	-5.7M	1.4M	-13.2M	7.2M
Pretax income	65.3M	32.1M	69.6M	67.3M	205.2M	268.4M	116.2M	225.9M	232.8M	220.3M
Income tax	16.5M	16.7M	11.9M	16.8M	49.4M	55.8M	26.5M	56.1M	57.2M	54.9M
Net income	48.8M	15.4M	57.8M	50.4M	155.8M	212.6M	89.7M	169.9M	175.7M	165.4M
Net margin	5.96%	2.41%	7.42%	5.52%	14.3%	15.1%	5.62%	10.2%	9.6%	8.85%
EBITDA	99.9M	84.7M	126.9M	118.7M	244.8M	307M	166.2M	271.9M	293.5M	275M
EPS	0.57	0.18	0.71	0.59	1.79	2.43	1.04	1.96	2.07	2.05
Diluted EPS	0.57	0.18	0.69	0.58	1.77	2.4	1.03	1.94	2.05	2.03

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 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	433.6M	519.8M	341.4M	463.5M	478.4M	546.5M	351.1M	445.9M	487.8M	583.7M	380.4M	483.9M
Cost of revenue	182.3M	204.6M	146.6M	199.2M	200.7M	220.1M	149.4M	188.3M	215.2M	242.8M	170.2M	161.3M
Gross profit	251.3M	315.2M	194.8M	264.3M	277.7M	326.4M	201.7M	257.6M	272.5M	340.9M	210.2M	322.5M
Gross margin	58%	60.6%	57.1%	57%	58%	59.7%	57.4%	57.8%	55.9%	58.4%	55.3%	66.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	189.4M	217.1M	169M	196.9M	208.1M	243.9M	180.1M	195.5M	218.2M	265.4M	197.8M	229M
Operating expenses	189.4M	217.1M	169M	196.9M	208.1M	243.9M	180.1M	195.5M	218.2M	265.4M	197.8M	229M
Operating income	61.9M	98.2M	25.8M	67.4M	69.6M	82.5M	21.7M	62M	54.4M	75.5M	12.4M	93.5M
Operating margin	14.3%	18.9%	7.56%	14.5%	14.6%	15.1%	6.17%	13.9%	11.1%	12.9%	3.27%	19.3%
Non-operating income, net	-4M	4.2M	-4.1M	391K	4.1M	-13.5M	1.4M	5.8M	-1.2M	1.2M	979K	-889K
Pretax income	57.6M	103M	22.4M	67.3M	74.1M	69.1M	23.4M	68.1M	53.1M	75.7M	12.3M	94.2M
Income tax	14.9M	24.4M	6.5M	16.9M	17.8M	16M	6.7M	16.9M	13.7M	17.5M	2.4M	22.9M
Net income	42.7M	78.6M	15.9M	50.4M	56.3M	53.2M	16.6M	51.2M	39.4M	58.2M	9.9M	71.3M
Net margin	9.84%	15.1%	4.64%	10.9%	11.8%	9.73%	4.73%	11.5%	8.08%	9.98%	2.59%	14.7%
EBITDA	73.1M	110.2M	37.3M	79.5M	81.7M	95M	34.8M	75.2M	68.1M	96.8M	26.4M	107.9M
EPS	0.49	0.9	0.18	0.59	0.66	0.63	0.2	0.62	0.49	0.76	0.13	0.95
Diluted EPS	0.49	0.9	0.18	0.59	0.66	0.63	0.2	0.61	0.48	0.74	0.13	0.94

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	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	1.2B	3B	6B	7.2B	3.6B	4.5B	3.3B	3.6B	3.2B
Enterprise value	—	—	1.5B	3.2B	5.9B	7.1B	3.5B	4.2B	3.1B	3.6B	3.3B
Shares outstanding	83.6M	83.6M	81.8M	85.1M	87M	87.4M	86.5M	86.7M	84.9M	80.6M	80.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	21	58.7	38.2	34.1	39.8	26.4	18.6	21.5	18.6
P/S	—	—	1.56	3.24	5.46	5.13	2.24	2.71	1.79	1.9	1.6
P/B	—	—	41.9	24.3	20.6	14	6.79	6.21	4.42	5.47	5.09
EV/EBITDA	—	—	11.5	27.2	24	23.2	21.1	15.5	10.5	13.1	11.3
EV/Sales	—	—	1.88	3.54	5.39	5.04	2.2	2.55	1.69	1.93	1.69
Earnings yield	—	—	4.76%	1.7%	2.62%	2.94%	2.51%	3.78%	5.37%	4.65%	5.37%
FCF yield	—	—	11.9%	1.29%	5.77%	1.12%	1.23%	4.75%	5.08%	4.3%	4.03%
PEG	—	—	—	—	—	—	—	—	—	—	0.35

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	50.5%	46.1%	49.2%	52%	57.6%	57.8%	47.9%	56.9%	58.1%	57.4%	66.7%
Operating margin	10.8%	10%	13.1%	9.82%	19.6%	19.5%	7.92%	13.6%	13.4%	11.4%	19.3%
Net margin	5.96%	2.41%	7.42%	5.52%	14.3%	15.1%	5.62%	10.2%	9.6%	8.85%	9.24%
ROE	-51.3%	-20.2%	199.4%	41.3%	54%	41.1%	17%	23.5%	23.7%	25.4%	25.3%
ROA	9.1%	2.98%	11.2%	8.01%	21.1%	19.4%	8.33%	13.1%	13.7%	13.4%	11.3%
ROIC	15.7%	8.89%	30.6%	17%	76.1%	55.5%	21.4%	36.8%	33.4%	23.2%	22.3%
Return on tangible assets	18.8%	5.94%	23.5%	14.9%	35.1%	26.7%	11.7%	17.8%	22%	25.4%	25.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.4	1.99	1.59	2.12	1.66	1.91	1.76	2.3	2.18	1.98	1.75
Quick ratio	0.62	0.84	0.81	1.03	1.17	1.12	0.85	1.45	1.36	1.11	0.87
Debt / equity	-5.65	-6.24	11.3	2.84	0.62	0.36	0.31	0.24	0.23	0.35	0.42
Debt / assets	1	0.92	0.64	0.55	0.24	0.17	0.15	0.14	0.13	0.18	0.19
Net debt / EBITDA	5.17	4.98	1.95	2.31	-0.31	-0.41	-0.43	-0.97	-0.63	0.15	0.65
Interest coverage	4.07	1.96	3.27	4.12	23.4	82.3	28.3	—	—	498.2	498.2
Effective tax rate	25.3%	52%	17%	25%	24.1%	20.8%	22.8%	24.8%	24.5%	24.9%	24%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	9.79	7.64	9.52	10.7	12.6	16.1	18.4	19.1	21.5	23.2	25.2
EPS (basic)	0.57	0.18	0.71	0.59	1.79	2.43	1.04	1.96	2.07	2.05	2.05
EPS (diluted)	0.57	0.18	0.69	0.58	1.77	2.4	1.03	1.94	2.05	2.03	2.28
Book value per share	-1.14	-0.91	0.35	1.43	3.32	5.92	6.08	8.34	8.71	8.07	8.35
FCF per share	-0.38	1.26	1.76	0.45	3.95	0.92	0.51	2.46	1.96	1.9	2.55
Cash per share	0.25	0.64	0.98	0.85	2.91	3.57	2.71	5.06	4.22	2.34	0.82
Capex per share	0.43	0.5	0.25	0.38	0.18	0.64	0.53	0.58	0.49	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	4.35%	6.6%	2.66%	3.51%	1.43%	3.98%	2.88%	3.05%	2.29%	—	—
Capex / operating cash flow	215.7%	26.3%	11.6%	36.1%	4.46%	38%	46.3%	19.2%	16.4%	—	—
Payout ratio	930.4%	18.3%	4.37%	1.26%	0%	0%	—	—	—	—	0%
Dividend yield	—	—	0.21%	0.02%	0%	0%	—	—	—	—	—

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$433.6M	$519.8M	$341.4M	$463.5M	$478.4M	$546.5M	$351.1M	$445.9M	$487.8M	$583.7M	$380.4M	$483.9M
YoY change	+0%	+16%	+12.7%	+15.1%	+10.4%	+5.15%	+2.85%	-3.8%	+1.95%	+6.8%	+8.34%	+8.52%

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	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	21.3M	53.6M	80.1M	72.5M	253.3M	312.2M	234.7M	439M	358.8M	188.3M
Receivables	37.2M	67.2M	59.3M	82.7M	65.4M	109.5M	79.4M	95.8M	120.2M	141.4M
Inventory	246.1M	175.1M	145.4M	185.7M	140.1M	318.9M	371.4M	337.2M	310.1M	290.6M
Total current assets	331M	303M	297M	360.5M	476.5M	770.2M	718.9M	914.4M	826.8M	660.3M
Property, plant & equipment	47.1M	73.8M	74.1M	120.4M	112.2M	174M	180M	208.3M	204.5M	273.6M
Goodwill & intangibles	276.9M	257.2M	268.6M	290.3M	292.7M	299.2M	307.4M	343.8M	489.2M	584.2M
Total assets	536.1M	516.4M	514.2M	629.5M	737.1M	1.1B	1.1B	1.3B	1.3B	1.2B
Accounts payable	19.4M	40.3M	68.7M	83.8M	123.6M	191.3M	140.8M	190.4M	158.5M	140.2M
Short-term debt	45.5M	47M	43.6M	23M	30.9M	34.7M	36.7M	21.3M	26.1M	20.2M
Total current liabilities	137.9M	151.9M	187.3M	170.3M	287.8M	403.7M	409M	398.4M	379.5M	334.3M
Long-term debt	491.7M	428.6M	284.4M	323.9M	147.6M	151.7M	127.4M	154.8M	146.4M	208.2M
Total liabilities	631.2M	592.7M	485.2M	507.5M	448.6M	578.5M	550.3M	573.6M	546M	585.1M
Shareholders' equity	-95.1M	-76.2M	29M	122M	288.4M	517.8M	526.5M	723.6M	740.1M	650.3M
Total debt	537.2M	475.7M	328M	346.9M	178.5M	186.4M	164.1M	176.1M	172.5M	228.5M
Net debt	515.9M	422M	248M	274.4M	-74.8M	-125.8M	-70.7M	-262.8M	-186.3M	40.1M

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 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	281.4M	439M	173.9M	212.9M	280.5M	358.8M	259M	269.7M	164.5M	188.3M	127.8M	59.8M
Receivables	127.9M	95.8M	108.3M	159.1M	143.7M	120.2M	120.5M	163.6M	157.4M	141.4M	136M	174.8M
Inventory	341.3M	337.2M	363.9M	378.3M	370.2M	310.1M	330.5M	342.1M	324M	290.6M	318.4M	359.1M
Total current assets	791.3M	914.4M	703.2M	807.2M	846.3M	826.8M	767.2M	828.2M	696.7M	660.3M	642.3M	717M
Property, plant & equipment	192.6M	208.3M	207.1M	212.3M	213M	204.5M	219.6M	223M	268.7M	273.6M	270.2M	276.4M
Goodwill & intangibles	336.9M	343.8M	413.6M	419.6M	421.7M	489.2M	492.9M	496.9M	572.3M	584.2M	592.4M	596.8M
Total assets	1.2B	1.3B	1.1B	1.2B	1.3B	1.3B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B
Accounts payable	179.1M	190.4M	139.1M	175.2M	148.2M	158.5M	137.6M	152.3M	146.7M	140.2M	146.6M	209.8M
Short-term debt	19.9M	21.3M	22.1M	22.8M	23.7M	26.1M	27.4M	27.4M	21.9M	20.2M	19.9M	19.8M
Total current liabilities	360.8M	398.4M	298.8M	351.9M	328.1M	379.5M	297.2M	329M	322M	334.3M	305.6M	409.6M
Long-term debt	139.7M	154.8M	152.8M	154M	154.3M	146.4M	155.7M	149.6M	200.7M	208.2M	204.8M	233.2M
Total liabilities	517.1M	573.6M	472.9M	526.4M	503.2M	546M	473.6M	500.3M	557.6M	585.1M	558.7M	692.2M
Shareholders' equity	638.8M	723.6M	646.9M	705.9M	770M	740.1M	764.3M	802.7M	702.6M	650.3M	659.9M	609.5M
Total debt	159.6M	176.1M	174.8M	176.9M	178M	172.5M	183.1M	177M	222.5M	228.5M	224.6M	253M
Net debt	-121.7M	-262.8M	936K	-36M	-102.4M	-186.3M	-75.9M	-92.7M	58M	40.1M	96.8M	193.2M

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	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	48.8M	15.4M	57.8M	50.4M	155.8M	212.6M	89.7M	169.9M	175.7M	165.4M
Depreciation & amortization	11.7M	20.8M	24.8M	29M	30.5M	32.1M	39.8M	46.4M	48.1M	54.2M
Stock-based compensation	118.4M	13.4M	13.2M	52.3M	9M	15.5M	17.8M	29.8M	40.7M	47.7M
Change in working capital	-148.4M	99.5M	77.6M	-60.8M	157M	-119.2M	-147.5M	-3.5M	-18.6M	-20.2M
Operating cash flow	16.5M	160.6M	179M	88.7M	349.4M	147.8M	99.2M	264.5M	255.2M	254.7M
Capital expenditure	-35.6M	-42.2M	-20.7M	-32.1M	-15.6M	-56.1M	-45.9M	-50.7M	-41.8M	—
Investing cash flow	-31.2M	-43.6M	-20.7M	-32.1M	-15.6M	-56.1M	-45.9M	-50.7M	-78M	0
Dividends paid	-453.9M	-2.8M	-2.5M	-636K	0	0	—	—	—	—
Share repurchases	0	0	-2M	0	0	0	-100M	0	-200M	-297.8M
Financing cash flow	9.9M	-92.3M	-118.3M	-49.2M	-216.2M	-27.1M	-126.4M	-15.2M	-209.5M	-321.4M
Net change in cash	-4.8M	24.6M	40.1M	7.4M	117.6M	64.6M	-73.2M	198.7M	-32.3M	-66.7M
Free cash flow	-31.4M	105.6M	144.2M	38.2M	343.5M	80.8M	44M	213.1M	166.1M	152.9M

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 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	42.7M	78.6M	15.9M	50.4M	56.3M	53.2M	16.6M	51.2M	39.4M	58.2M	9.9M	71.3M
Depreciation & amortization	11.2M	12M	11.5M	12.1M	12.1M	12.5M	13.2M	13.1M	13.8M	14.1M	14M	14.4M
Stock-based compensation	7.8M	7.9M	8.5M	8.8M	8.7M	14.7M	10.1M	11.2M	11.1M	15.3M	9.4M	8.9M
Change in working capital	8M	58.2M	-136.8M	-7.3M	18.6M	106.8M	-94.7M	-21.2M	25.2M	70.5M	-67.5M	-52.6M
Operating cash flow	78.2M	148.7M	-97.7M	61.4M	91.1M	200.4M	-52.5M	61.2M	100.9M	172.9M	-32.6M	62.5M
Capital expenditure	-13.9M	-11.7M	-10.6M	-11M	-9.7M	-10.5M	-8.9M	—	—	—	—	—
Investing cash flow	-13.9M	-11.7M	-46.8M	-11M	-9.7M	-10.5M	-8.9M	0	0	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	-100M	0	0	-100M	0	-23M	-149.9M	-124.9M	—	—
Financing cash flow	-2M	-1.7M	-102.8M	-3M	-2M	-101.7M	-6.5M	-33.9M	-153.8M	-127.2M	-11.6M	-49.7M
Net change in cash	62.3M	135.4M	-247.3M	47.5M	79.4M	88.2M	-67.9M	27.3M	-52.9M	45.7M	-44.2M	12.8M
Free cash flow	59.6M	156.6M	-125.5M	41.5M	68.9M	181.2M	-95.8M	45.6M	50.8M	152.3M	-47.2M	37M

YETI Holdings, 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

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