Five Below (FIVE) Operating Margin (2011 - 2026)
Five Below's (FIVE) quarterly Operating Margin came in at 17.99% in Q1 2026, up 24.0% YoY from 14.5% in Q1 2025, and up 331.23% on a QoQ basis from 4.17% in Q4 2025.
Five Below (FIVE) Operating Margin (2011 - 2026) Analysis & Trends
Five Below (FIVE) has 16 years of Operating Margin data on file, last reported at 17.99% in Q1 2026.
- Quarterly Operating Margin rose 24.0% year-over-year to 17.99% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 9.6% (up 125.0% YoY) and the FY2026 annual result came in at 9.6%, up 125.0% from the prior year.
- Operating Margin improved to 17.99% in Q1 2026, from 4.17% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 20.11% in Q1 2023 to a low of 0.07% in Q4 2024.
- A 5-year average of 8.98% and a median of 5.84% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 495 bps — and 2025, when it soared 424 bps.
- Tracing FIVE's Operating Margin over 5 years: stood at 3.25% in 2022, then plunged by 33 bps to 2.19% in 2023, then tumbled by 103 bps to 0.07% in 2024, then jumped by 5907 bps to 4.17% in 2025, then surged by 331 bps to 17.99% in 2026.
- The last three Operating Margin figures came in at 17.99% (Q1 2026), 4.17% (Q4 2025), and 5.1% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.64 Bn | 30.12 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.73 Bn | 27.71 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 23.02 Bn | 22.80 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.25 Bn | 16.50 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 16.13 Bn | 15.13 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.62 Bn | 12.50 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.41 Bn | 10.23 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.05 Bn | 3.10 Bn | 1.24 Bn | 21.99% |
| 10 | MINISO Group Holding | 3.37 Bn | 2.40 Bn | 414.86 Mn | 14.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 12.00% |
| Jan 31, 2026 | 17.99% |
| Nov 1, 2025 | 4.17% |
| Aug 2, 2025 | 5.10% |
| May 3, 2025 | 5.24% |
| Feb 1, 2025 | 17.74% |
| Nov 2, 2024 | -0.07% |
| Aug 3, 2024 | 5.00% |
| May 4, 2024 | 4.45% |
| Feb 3, 2024 | 20.07% |
| Oct 28, 2023 | 2.19% |
| Jul 29, 2023 | 7.72% |
| Apr 29, 2023 | 5.84% |
| Jan 28, 2023 | 20.11% |
| Oct 29, 2022 | 3.25% |
| Jul 30, 2022 | 8.37% |
| Apr 30, 2022 | 6.62% |
| Jan 29, 2022 | 18.83% |
| Oct 30, 2021 | 6.99% |
| Jul 31, 2021 | 13.33% |