National Vision Holdings (EYE) Operating Margin (2016 - 2026)
National Vision Holdings' (EYE) quarterly Operating Margin came in at 1.32% in Q1 2026, up 717.0% year-on-year from 0.16% in Q1 2025, and down 33.15% quarter-over-quarter from 1.97% in Q3 2025.
National Vision Holdings (EYE) Operating Margin (2016 - 2026) Analysis & Trends
National Vision Holdings has disclosed Operating Margin across 11 years of filings, most recently posting 1.32% for Q1 2026.
- Operating Margin for Q1 2026 came in at 1.32%, up 717.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 2.96% (up 353.0% YoY), and the FY2026 annual result was 2.96%, up 353.0% from the prior year.
- Operating Margin came in at 1.32% for Q1 2026 at National Vision Holdings, down from 1.97% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 16.75% in Q1 2022 to a low of 16.91% in Q4 2022.
- The 5-year median for Operating Margin is 1.97% (2025), against an average of 1.63%.
- Across the five-year window, Operating Margin plunged 3366 bps in 2022 and jumped 1396 bps in 2023, its largest moves.
- National Vision Holdings' Operating Margin stood at 16.91% in 2022, then jumped by 83 bps to 2.95% in 2023, then plunged by 98 bps to 5.85% in 2024, then soared by 134 bps to 1.97% in 2025, then slumped by 33 bps to 1.32% in 2026.
- The last three Operating Margin figures came in at 1.32% (Q1 2026), 1.97% (Q3 2025), and 3.38% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 28.23 Bn | 27.77 Bn | 1.01 Bn | 7.89% |
| 2 | Williams Sonoma | 25.94 Bn | 24.92 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 21.42 Bn | 20.93 Bn | 1.48 Bn | 12.23% |
| 4 | Dick'S Sporting Goods | 18.30 Bn | 16.95 Bn | 1.77 Bn | 2.96% |
| 5 | Best Buy | 15.81 Bn | 14.06 Bn | 2.10 Bn | 4.14% |
| 6 | Tractor Supply | 15.78 Bn | 15.56 Bn | 1.30 Bn | 6.50% |
| 7 | NaaS Technology | 14.29 Bn | 14.27 Bn | - | - |
| 8 | Five Below | 10.51 Bn | 9.58 Bn | 696.98 Mn | 17.99% |
| 9 | Murphy USA | 10.28 Bn | 10.16 Bn | 3.98 Bn | 4.26% |
| 10 | National Vision Holdings | 1.30 Bn | 1.26 Bn | 292.70 Mn | 1.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 1.32% |
| Sep 27, 2025 | 1.97% |
| Jun 28, 2025 | 3.38% |
| Mar 29, 2025 | 5.12% |
| Dec 28, 2024 | -5.85% |
| Sep 28, 2024 | -1.95% |
| Jun 29, 2024 | 0.13% |
| Mar 30, 2024 | 4.86% |
| Dec 30, 2023 | -2.95% |
| Sep 30, 2023 | 0.81% |
| Jul 1, 2023 | 1.29% |
| Apr 1, 2023 | 5.98% |
| Dec 31, 2022 | -16.91% |
| Oct 1, 2022 | 3.08% |
| Jul 2, 2022 | 3.61% |
| Apr 2, 2022 | 7.07% |
| Jan 1, 2022 | 16.75% |
| Oct 2, 2021 | 9.79% |
| Jul 3, 2021 | 9.98% |
| Apr 3, 2021 | 11.50% |