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Stocks · Consumer discretionary · Retail-Miscellaneous Shopping Goods Stores

SPORTSMAN'S WAREHOUSE HOLDINGS, INC.

SPWH Clue Score22
United States Fiscal year ends February CIK 0001132105
$1.10 -2.65% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.10 −93.76% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. 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 2017Revenue780.0Operating income60.7Net income29.7EPS, diluted0.70Fiscal year 2018Revenue809.7 +3.8%Operating income46.6Net income17.7 −40.2%EPS, diluted0.42 −40.0%Fiscal year 2019Revenue849.1 +4.9%Operating income44.0Net income23.8 +33.9%EPS, diluted0.55 +31.0%Fiscal year 2020Revenue886.4 +4.4%Operating income33.5Net income20.2 −14.9%EPS, diluted0.46 −16.4%Fiscal year 2021Revenue34.6 −96.1%Operating income122.7Net income4.7 −77.0%EPS, diluted2.06 +347.8%Fiscal year 2022Revenue1,506.1 +4,258.5%Operating income90.6Net income108.5 +2,228.2%EPS, diluted2.44 +18.4%Fiscal year 2023Revenue1,399.5 −7.1%Operating income58.1Net income40.5 −62.6%EPS, diluted1.00 −59.0%Fiscal year 2024Revenue1,288.0 −8.0%Operating income−25.3Net income−29.0 −171.6%EPS, diluted−0.77 −177.0%Fiscal year 2025Revenue1,197.6 −7.0%Operating income−18.2Net income−33.1EPS, diluted−0.87Fiscal year 2026Revenue1,209.2 +1.0%Operating income−37.4Net income−50.1EPS, diluted−1.30
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 780.0 809.7 849.1 886.4 34.6 1,506.1 1,399.5 1,288.0 1,197.6 1,209.2
Growth +3.8% +4.9% +4.4% −96.1% +4,258.5% −7.1% −8.0% −7.0% +1.0%
Operating income 60.7 46.6 44.0 33.5 122.7 90.6 58.1 −25.3 −18.2 −37.4
Net income 29.7 17.7 23.8 20.2 4.7 108.5 40.5 −29.0 −33.1 −50.1
Growth −40.2% +33.9% −14.9% −77.0% +2,228.2% −62.6% −171.6%
EPS, diluted 0.70 0.42 0.55 0.46 2.06 2.44 1.00 −0.77 −0.87 −1.30
Growth −40.0% +31.0% −16.4% +347.8% +18.4% −59.0% −177.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin33.7%Operating margin7.8%Net margin3.8%Free cash flow margin−3.1%Fiscal year 2018Gross margin33.8%Operating margin5.8%Net margin2.2%Free cash flow margin−1.3%Fiscal year 2019Gross margin33.6%Operating margin5.2%Net margin2.8%Free cash flow margin1.7%Fiscal year 2020Gross margin33.5%Operating margin3.8%Net margin2.3%Free cash flow margin5.4%Fiscal year 2021Gross margin1,378.8%Operating margin355.2%Net margin13.5%Free cash flow margin634.0%Fiscal year 2022Gross margin32.6%Operating margin6.0%Net margin7.2%Free cash flow margin−5.0%Fiscal year 2023Gross margin32.9%Operating margin4.1%Net margin2.9%Free cash flow margin−1.2%Fiscal year 2024Gross margin29.8%Operating margin−2.0%Net margin−2.3%Free cash flow margin−2.1%Fiscal year 2025Gross margin30.9%Operating margin−1.5%Net margin−2.8%Free cash flow margin1.6%Fiscal year 2026Gross margin30.9%Operating margin−3.1%Net margin−4.1%Free cash flow margin0.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 33.7% 33.8% 33.6% 33.5% 1,378.8% 32.6% 32.9% 29.8% 30.9% 30.9%
Operating margin 7.8% 5.8% 5.2% 3.8% 355.2% 6.0% 4.1% −2.0% −1.5% −3.1%
Net margin 3.8% 2.2% 2.8% 2.3% 13.5% 7.2% 2.9% −2.3% −2.8% −4.1%
Free cash flow margin −3.1% −1.3% 1.7% 5.4% 634.0% −5.0% −1.2% −2.1% 1.6% 0.7%

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 2017Operating cash flow15.5Capital expenditure−39.4Free cash flow−23.9Fiscal year 2018Operating cash flow30.8Capital expenditure−41.2Free cash flow−10.4Fiscal year 2019Operating cash flow32.2Capital expenditure−17.9Free cash flow14.2Fiscal year 2020Operating cash flow77.9Capital expenditure−30.4Free cash flow47.5 +233.6%Fiscal year 2021Operating cash flow238.8Capital expenditure−19.8Free cash flow219.1 +361.2%Fiscal year 2022Operating cash flow−21.6Capital expenditure−53.5Free cash flow−75.1 −134.3%Fiscal year 2023Operating cash flow46.8Capital expenditure−63.5Free cash flow−16.7Fiscal year 2024Operating cash flow52.3Capital expenditure−79.9Free cash flow−27.6Fiscal year 2025Operating cash flow34.1Capital expenditure−14.6Free cash flow19.6Fiscal year 2026Operating cash flow31.3Capital expenditure−22.4Free cash flow8.9 −54.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 15.5 30.8 32.2 77.9 238.8 −21.6 46.8 52.3 34.1 31.3
Capital expenditure −39.4 −41.2 −17.9 −30.4 −19.8 −53.5 −63.5 −79.9 −14.6 −22.4
Free cash flow −23.9 −10.4 14.2 47.5 219.1 −75.1 −16.7 −27.6 19.6 8.9
Growth +233.6% +361.2% −134.3% −54.7%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1.9Total debt134.7Net cash (debt)−132.8Shareholders’ equity30.0Debt to equity4.49Fiscal year 2018Cash1.8Total debt133.3Net cash (debt)−131.6Shareholders’ equity49.8Debt to equity2.68Fiscal year 2019Cash1.5Total debt35.6Net cash (debt)−34.1Shareholders’ equity78.7Debt to equity0.45Fiscal year 2020Cash1.7Total debt23.8Net cash (debt)−22.1Shareholders’ equity110.3Debt to equity0.22Fiscal year 2021Cash65.5Shareholders’ equity204.7Fiscal year 2022Cash57.0Shareholders’ equity314.2Fiscal year 2023Cash2.4Shareholders’ equity293.1Fiscal year 2024Cash3.1Total debt0.0Net cash (debt)3.1Shareholders’ equity264.6Debt to equity0.00Fiscal year 2025Cash2.8Total debt24.1Net cash (debt)−21.2Shareholders’ equity235.7Debt to equity0.10Fiscal year 2026Cash1.7Total debt44.2Net cash (debt)−42.5Shareholders’ equity188.6Debt to equity0.23
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 1.9 1.8 1.5 1.7 65.5 57.0 2.4 3.1 2.8 1.7
Total debt 134.7 133.3 35.6 23.8 n/a n/a n/a 0.0 24.1 44.2
Net cash (debt) −132.8 −131.6 −34.1 −22.1 n/a n/a n/a 3.1 −21.2 −42.5
Shareholders’ equity 30.0 49.8 78.7 110.3 204.7 314.2 293.1 264.6 235.7 188.6
Debt to equity 4.49 2.68 0.45 0.22 n/a n/a n/a 0.00 0.10 0.23

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

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 28 Jan 2017 FY2018 3 Feb 2018 FY2019 2 Feb 2019 FY2020 1 Feb 2020 FY2021 30 Jan 2021 FY2022 29 Jan 2022 FY2023 28 Jan 2023 FY2024 3 Feb 2024 FY2025 1 Feb 2025 FY2026 31 Jan 2026
Margins
33.7% 33.8% 33.6% 33.5% 1,378.8% 32.6% 32.9% 29.8% 30.9% 30.9%
7.8% 5.8% 5.2% 3.8% 355.2% 6.0% 4.1% −2.0% −1.5% −3.1%
6.1% 4.1% 3.6% 2.9% 351.5% 9.6% 3.8% −3.0% −2.6% −4.2%
3.8% 2.2% 2.8% 2.3% 13.5% 7.2% 2.9% −2.3% −2.8% −4.1%
−3.1% −1.3% 1.7% 5.4% 634.0% −5.0% −1.2% −2.1% 1.6% 0.7%
Spending
26.0% 28.1% 28.4% 29.7% 1,023.6% 26.5% 28.7% 31.7% 32.5% 32.5%
5.1% 5.1% 2.1% 3.4% 57.2% 3.5% 4.5% 6.2% 1.2% 1.9%
37.3% 46.0% 22.9% 20.6% 24.8% 24.8% 24.8% n/a n/a n/a
Returns
98.9% 35.6% 30.2% 18.3% 2.3% 34.5% 13.8% −11.0% −14.0% −26.5%
8.6% 4.7% 6.1% 3.3% 0.7% 12.9% 4.7% −3.3% −3.9% −6.6%
Balance and payout
4.49 2.68 0.45 0.22 n/a n/a n/a 0.00 0.10 0.23
91.3% 86.9% 79.8% 82.1% 69.0% 62.6% 65.9% 70.1% 72.3% 75.3%