Stocks · Industrials · Ordnance & Accessories, (No Vehicles/Guided Missiles)

SMITH & WESSON BRANDS, INC.

SWBI Clue Score55
United States Fiscal year ends April CIK 0001092796
$13.98 -2.31% Close, 9 Oct 2026
Price $13.98 −32.82% 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 2017Revenue903.2Operating income199.9Net income127.9EPS, diluted2.25Fiscal year 2018Revenue606.9 −32.8%Operating income27.0Net income20.1 −84.3%EPS, diluted0.37Fiscal year 2019Revenue481.3 −20.7%Operating income43.5Net income18.4 −8.5%EPS, diluted0.33Fiscal year 2020Revenue529.6 +10.0%Operating income50.3Net income−61.2 −432.6%EPS, diluted−1.10Fiscal year 2021Revenue1,059.2 +100.0%Operating income319.6Net income252.0EPS, diluted4.55Fiscal year 2022Revenue864.1 −18.4%Operating income251.7Net income194.5 −22.8%EPS, diluted4.08Fiscal year 2023Revenue479.2 −44.5%Operating income48.4Net income36.9 −81.0%EPS, diluted0.80Fiscal year 2024Revenue535.8 +11.8%Operating income47.1Net income41.4 +12.2%EPS, diluted0.89Fiscal year 2025Revenue474.7 −11.4%Operating income23.9Net income13.4 −67.5%EPS, diluted0.30Fiscal year 2026Revenue523.8 +10.4%Operating income29.2Net income18.5 +37.7%EPS, diluted0.41
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 903.2 606.9 481.3 529.6 1,059.2 864.1 479.2 535.8 474.7 523.8
Growth −32.8% −20.7% +10.0% +100.0% −18.4% −44.5% +11.8% −11.4% +10.4%
Operating income 199.9 27.0 43.5 50.3 319.6 251.7 48.4 47.1 23.9 29.2
Net income 127.9 20.1 18.4 −61.2 252.0 194.5 36.9 41.4 13.4 18.5
Growth −84.3% −8.5% −432.6% −22.8% −81.0% +12.2% −67.5% +37.7%
EPS, diluted 2.25 0.37 0.33 −1.10 4.55 4.08 0.80 0.89 0.30 0.41

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin41.5%Operating margin22.1%Net margin14.2%Free cash flow margin9.8%Fiscal year 2018Gross margin32.3%Operating margin4.5%Net margin3.3%Free cash flow margin7.1%Fiscal year 2019Gross margin30.4%Operating margin9.0%Net margin3.8%Free cash flow margin5.4%Fiscal year 2020Gross margin31.3%Operating margin9.5%Net margin−11.6%Free cash flow margin15.5%Fiscal year 2021Gross margin42.4%Operating margin30.2%Net margin23.8%Free cash flow margin27.7%Fiscal year 2022Gross margin43.3%Operating margin29.1%Net margin22.5%Free cash flow margin13.2%Fiscal year 2023Gross margin32.2%Operating margin10.1%Net margin7.7%Free cash flow margin−15.2%Fiscal year 2024Gross margin29.5%Operating margin8.8%Net margin7.7%Free cash flow margin3.0%Fiscal year 2025Gross margin26.8%Operating margin5.0%Net margin2.8%Free cash flow margin−6.1%Fiscal year 2026Gross margin26.9%Operating margin5.6%Net margin3.5%Free cash flow margin17.3%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 41.5% 32.3% 30.4% 31.3% 42.4% 43.3% 32.2% 29.5% 26.8% 26.9%
Operating margin 22.1% 4.5% 9.0% 9.5% 30.2% 29.1% 10.1% 8.8% 5.0% 5.6%
Net margin 14.2% 3.3% 3.8% −11.6% 23.8% 22.5% 7.7% 7.7% 2.8% 3.5%
Free cash flow margin 9.8% 7.1% 5.4% 15.5% 27.7% 13.2% −15.2% 3.0% −6.1% 17.3%

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 flow123.6Capital expenditure−34.9Free cash flow88.7Buybacks−50.1Fiscal year 2018Operating cash flow61.6Capital expenditure−18.5Free cash flow43.2 −51.3%Fiscal year 2019Operating cash flow57.1Capital expenditure−30.9Free cash flow26.2 −39.3%Fiscal year 2020Operating cash flow94.7Capital expenditure−12.4Free cash flow82.3 +214.1%Buybacks0.0Dividends paid0.0Fiscal year 2021Operating cash flow315.3Capital expenditure−22.1Free cash flow293.3 +256.4%Buybacks−110.0Dividends paid−8.2Fiscal year 2022Operating cash flow137.8Capital expenditure−24.0Free cash flow113.8 −61.2%Buybacks−90.0Dividends paid−15.0Fiscal year 2023Operating cash flow16.7Capital expenditure−89.6Free cash flow−72.8 −164.0%Buybacks0.0Dividends paid−18.3Fiscal year 2024Operating cash flow106.7Capital expenditure−90.8Free cash flow16.0Buybacks−10.2Dividends paid−22.0Fiscal year 2025Operating cash flow−7.2Capital expenditure−21.6Free cash flow−28.8 −280.4%Buybacks−25.5Dividends paid−23.1Fiscal year 2026Operating cash flow114.2Capital expenditure−23.7Free cash flow90.4Buybacks0.0Dividends paid−23.2
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 123.6 61.6 57.1 94.7 315.3 137.8 16.7 106.7 −7.2 114.2
Capital expenditure −34.9 −18.5 −30.9 −12.4 −22.1 −24.0 −89.6 −90.8 −21.6 −23.7
Free cash flow 88.7 43.2 26.2 82.3 293.3 113.8 −72.8 16.0 −28.8 90.4
Growth −51.3% −39.3% +214.1% +256.4% −61.2% −164.0% −280.4%
Buybacks −50.1 n/a n/a 0.0 −110.0 −90.0 0.0 −10.2 −25.5 0.0
Dividends paid n/a n/a n/a 0.0 −8.2 −15.0 −18.3 −22.0 −23.1 −23.2

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash61.5Shareholders’ equity393.2Fiscal year 2018Cash48.9Shareholders’ equity422.1Fiscal year 2019Cash41.0Shareholders’ equity444.4Fiscal year 2020Cash125.0Shareholders’ equity387.1Fiscal year 2021Cash113.0Shareholders’ equity266.4Fiscal year 2022Cash120.7Shareholders’ equity360.5Fiscal year 2023Cash53.6Shareholders’ equity384.6Fiscal year 2024Cash60.8Shareholders’ equity399.9Fiscal year 2025Cash25.2Shareholders’ equity372.5Fiscal year 2026Cash28.2Shareholders’ equity376.6
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 61.5 48.9 41.0 125.0 113.0 120.7 53.6 60.8 25.2 28.2
Shareholders’ equity 393.2 422.1 444.4 387.1 266.4 360.5 384.6 399.9 372.5 376.6

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 April, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Apr 2017 FY2018 30 Apr 2018 FY2019 30 Apr 2019 FY2020 30 Apr 2020 FY2021 30 Apr 2021 FY2022 30 Apr 2022 FY2023 30 Apr 2023 FY2024 30 Apr 2024 FY2025 30 Apr 2025 FY2026 30 Apr 2026
Margins
41.5% 32.3% 30.4% 31.3% 42.4% 43.3% 32.2% 29.5% 26.8% 26.9%
22.1% 4.5% 9.0% 9.5% 30.2% 29.1% 10.1% 8.8% 5.0% 5.6%
21.2% 2.9% 7.1% 7.4% 30.0% 29.2% 10.1% 9.7% 4.1% 4.8%
14.2% 3.3% 3.8% −11.6% 23.8% 22.5% 7.7% 7.7% 2.8% 3.5%
9.8% 7.1% 5.4% 15.5% 27.7% 13.2% −15.2% 3.0% −6.1% 17.3%
Spending
1.1% 1.9% 1.7% 1.4% 0.7% 0.8% 1.6% 1.4% 2.0% 2.0%
12.8% 16.7% 13.9% 12.5% 7.5% 8.4% 12.8% 11.8% 11.6% 11.5%
3.9% 3.0% 6.4% 2.3% 2.1% 2.8% 18.7% 16.9% 4.6% 4.5%
33.2% −14.3% 27.1% 29.4% 23.4% 22.9% 23.5% 20.0% 30.2% 26.3%
Returns
32.5% 4.8% 4.1% −15.8% 94.6% 53.9% 9.6% 10.3% 3.6% 4.9%
16.2% 2.7% 2.4% −8.4% 56.5% 39.1% 6.8% 7.2% 2.4% 3.6%
Balance and payout
50.1% 43.3% 42.0% 46.9% 40.3% 27.5% 28.9% 30.7% 33.4% 26.6%
n/a n/a n/a n/a 3.3% 7.7% 49.7% 53.2% 172.0% 125.7%
56.4% n/a n/a 0.0% 40.3% 92.3% n/a 201.7% n/a 25.7%