Stocks · Health care · Ophthalmic Goods

National Vision Holdings, Inc.

EYE Clue Score46
United States Fiscal year ends January CIK 0001710155
$16.68 -0.36% Close, 9 Oct 2026
Price $16.68 −69.96% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 26 Oct 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,196.2Operating income64.1Net income13.3EPS, diluted0.23Fiscal year 2017Revenue1,375.3 +15.0%Operating income64.3Net income43.1 +223.3%EPS, diluted0.70 +204.3%Fiscal year 2018Revenue1,536.9 +11.7%Operating income42.4Net income23.7 −45.2%EPS, diluted0.30 −57.1%Fiscal year 2019Revenue1,724.3 +12.2%Operating income73.6Net income32.8 +38.7%EPS, diluted0.40 +33.3%Fiscal year 2021Revenue1,711.8 −0.7%Operating income87.0Net income36.3 +10.6%EPS, diluted0.44 +10.0%Fiscal year 2022Revenue2,079.5 +21.5%Operating income174.9Net income128.2 +253.5%EPS, diluted1.43 +225.0%Fiscal year 2022Revenue1,644.7 −20.9%Operating income52.8Net income42.1 −67.2%EPS, diluted0.52 −63.6%Fiscal year 2023Revenue1,756.4 +6.8%Operating income24.5Net income−65.9 −256.5%EPS, diluted−0.84 −261.5%Fiscal year 2024Revenue1,823.3 +3.8%Operating income−10.4Net income−28.5EPS, diluted−0.36Fiscal year 2026Revenue1,987.5 +9.0%Operating income58.8Net income29.6EPS, diluted0.37
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Revenue 1,196.2 1,375.3 1,536.9 1,724.3 1,711.8 2,079.5 1,644.7 1,756.4 1,823.3 1,987.5
Growth +15.0% +11.7% +12.2% −0.7% +21.5% −20.9% +6.8% +3.8% +9.0%
Operating income 64.1 64.3 42.4 73.6 87.0 174.9 52.8 24.5 −10.4 58.8
Net income 13.3 43.1 23.7 32.8 36.3 128.2 42.1 −65.9 −28.5 29.6
Growth +223.3% −45.2% +38.7% +10.6% +253.5% −67.2% −256.5%
EPS, diluted 0.23 0.70 0.30 0.40 0.44 1.43 0.52 −0.84 −0.36 0.37
Growth +204.3% −57.1% +33.3% +10.0% +225.0% −63.6% −261.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin5.4%Net margin1.1%Free cash flow margin0.6%Fiscal year 2017Operating margin4.7%Net margin3.1%Free cash flow margin−0.2%Fiscal year 2018Operating margin2.8%Net margin1.5%Free cash flow margin0.1%Fiscal year 2019Operating margin4.3%Net margin1.9%Free cash flow margin3.7%Fiscal year 2021Operating margin5.1%Net margin2.1%Free cash flow margin9.2%Fiscal year 2022Operating margin8.4%Net margin6.2%Free cash flow margin7.9%Fiscal year 2022Operating margin3.2%Net margin2.6%Free cash flow margin0.3%Fiscal year 2023Operating margin1.4%Net margin−3.8%Free cash flow margin3.3%Fiscal year 2024Operating margin−0.6%Net margin−1.6%Free cash flow margin2.1%Fiscal year 2026Operating margin3.0%Net margin1.5%Free cash flow margin3.7%
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Operating margin 5.4% 4.7% 2.8% 4.3% 5.1% 8.4% 3.2% 1.4% −0.6% 3.0%
Net margin 1.1% 3.1% 1.5% 1.9% 2.1% 6.2% 2.6% −3.8% −1.6% 1.5%
Free cash flow margin 0.6% −0.2% 0.1% 3.7% 9.2% 7.9% 0.3% 3.3% 2.1% 3.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow97.6Capital expenditure−90.0Free cash flow7.6Buybacks−0.2Dividends paid0.0Fiscal year 2017Operating cash flow90.3Capital expenditure−93.2Free cash flow−3.0 −139.2%Buybacks0.0Dividends paid−171.0Fiscal year 2018Operating cash flow106.6Capital expenditure−104.5Free cash flow2.1Buybacks−1.9Dividends paid0.0Fiscal year 2019Operating cash flow165.1Capital expenditure−101.3Free cash flow63.8 +2,886.2%Buybacks−25.6Dividends paid0.0Fiscal year 2021Operating cash flow235.0Capital expenditure−76.8Free cash flow158.2 +148.1%Buybacks−0.7Fiscal year 2022Operating cash flow258.9Capital expenditure−95.5Free cash flow163.4 +3.3%Buybacks−73.3Fiscal year 2022Operating cash flow119.2Capital expenditure−113.5Free cash flow5.7 −96.5%Buybacks−84.4Fiscal year 2023Operating cash flow173.0Capital expenditure−114.8Free cash flow58.3 +931.0%Buybacks−28.4Fiscal year 2024Operating cash flow133.6Capital expenditure−95.5Free cash flow38.1 −34.5%Buybacks−3.1Fiscal year 2026Operating cash flow146.3Capital expenditure−72.8Free cash flow73.5 +92.6%Buybacks−3.2
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Operating cash flow 97.6 90.3 106.6 165.1 235.0 258.9 119.2 173.0 133.6 146.3
Capital expenditure −90.0 −93.2 −104.5 −101.3 −76.8 −95.5 −113.5 −114.8 −95.5 −72.8
Free cash flow 7.6 −3.0 2.1 63.8 158.2 163.4 5.7 58.3 38.1 73.5
Growth −139.2% +2,886.2% +148.1% +3.3% −96.5% +931.0% −34.5% +92.6%
Buybacks −0.2 0.0 −1.9 −25.6 −0.7 −73.3 −84.4 −28.4 −3.1 −3.2
Dividends paid 0.0 −171.0 0.0 0.0 n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash4.9Shareholders’ equity399.6Fiscal year 2017Cash4.2Shareholders’ equity654.6Fiscal year 2018Cash17.1Shareholders’ equity743.2Fiscal year 2019Cash39.3Total debt536.4Net cash (debt)−497.1Shareholders’ equity776.4Debt to equity0.69Fiscal year 2021Cash373.9Total debt624.6Net cash (debt)−250.7Shareholders’ equity906.5Debt to equity0.69Fiscal year 2022Cash305.8Total debt543.6Net cash (debt)−237.8Shareholders’ equity926.0Debt to equity0.59Fiscal year 2022Cash229.4Total debt546.2Net cash (debt)−316.8Shareholders’ equity901.1Debt to equity0.61Fiscal year 2023Cash149.9Total debt445.2Net cash (debt)−295.3Shareholders’ equity829.4Debt to equity0.54Fiscal year 2024Cash73.9Total debt337.2Net cash (debt)−263.2Shareholders’ equity816.3Debt to equity0.41Fiscal year 2026Cash38.7Total debt236.5Net cash (debt)−197.8Shareholders’ equity869.5Debt to equity0.27
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Cash 4.9 4.2 17.1 39.3 373.9 305.8 229.4 149.9 73.9 38.7
Total debt n/a n/a n/a 536.4 624.6 543.6 546.2 445.2 337.2 236.5
Net cash (debt) n/a n/a n/a −497.1 −250.7 −237.8 −316.8 −295.3 −263.2 −197.8
Shareholders’ equity 399.6 654.6 743.2 776.4 906.5 926.0 901.1 829.4 816.3 869.5
Debt to equity n/a n/a n/a 0.69 0.69 0.59 0.61 0.54 0.41 0.27

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2021 2 Jan 2021 FY2022 1 Jan 2022 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2026 3 Jan 2026
Assets
4.9 4.2 17.1 39.3 373.9 305.8 229.4 149.9 73.9 38.7
34.4 43.2 50.7 44.5 58.0 55.7 79.9 86.9 49.9 57.3
87.1 91.2 116.0 127.6 111.3 123.7 123.2 119.9 93.9 89.3
256.4 302.3 355.1 n/a n/a n/a n/a n/a n/a n/a
793.2 792.7 777.6 777.6 777.6 777.6 777.6 717.5 698.3 700.6
1,531.1 1,581.9 1,661.4 2,032.7 2,333.5 2,293.1 2,291.2 2,172.5 2,007.8 1,983.7
Growth +3.3% +5.0% +22.4% +14.8% −1.7% −0.1% −5.2% −7.6% −1.2%
Liabilities
n/a n/a n/a 10.5 0.0 0.0 0.0 7.5 98.0 13.3
n/a n/a n/a 525.9 624.6 543.6 546.2 437.7 239.1 223.2
calc n/a n/a n/a 536.4 624.6 543.6 546.2 445.2 337.2 236.5
Equity
−8.7 32.2 74.8 107.1 142.9 278.4 320.5 254.6 226.1 255.7
399.6 654.6 743.2 776.4 906.5 926.0 901.1 829.4 816.3 869.5
Growth +63.8% +13.5% +4.5% +16.8% +2.1% −2.7% −8.0% −1.6% +6.5%
Per share and net cash
calc n/a n/a n/a −497.1 −250.7 −237.8 −316.8 −295.3 −263.2 −197.8
56.2 74.7 78.2 79.7 81.2 81.4 79.0 78.3 78.8 79.4
calc 7.11 8.77 9.51 9.74 11.16 11.37 11.41 10.59 10.36 10.95

Lines marked calc are worked out here from filed figures; point at one for how.