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 27.84 Bn 27.38 Bn 1.01 Bn 7.89%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 20.27%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 12.23%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.96%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 6.50%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 4.14%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 17.99%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 4.26%
10 National Vision Holdings 1.28 Bn 1.24 Bn 292.70 Mn 1.32%

Historic Data

Download Data
DateValue
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%