Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026)
Sally Beauty Holdings' (SBH) quarterly Gross Margin came in at 52.67% in Q1 2026, up 71.0% YoY from 30.8% in Q1 2025, and up 2.79% on a QoQ basis from 51.24% in Q4 2025.
Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026) Analysis & Trends
Sally Beauty Holdings (SBH) has 18 years of Gross Margin data on file, last reported at 52.67% in Q1 2026.
- Quarterly Gross Margin rose 71.0% year-over-year to 52.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 51.9% (up 64.0% YoY) and the FY2025 annual result came in at 51.62%, up 77.0% from the prior year.
- Gross Margin improved to 52.67% in Q1 2026, from 51.24% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 52.67% in Q1 2026 to a low of 48.16% in Q3 2022.
- A 5-year average of 51.04% and a median of 51.03% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 243 bps — and 2023, when it surged 248 bps.
- Tracing SBH's Gross Margin over 5 years: stood at 51.05% in 2022, then decreased by 2 bps to 50.16% in 2023, then gained by 1 bps to 50.84% in 2024, then climbed by 1 bps to 51.24% in 2025, then grew by 3 bps to 52.67% in 2026.
- The last three Gross Margin figures came in at 52.67% (Q1 2026), 51.24% (Q4 2025), and 52.17% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.71 Bn | 27.69 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 23.06 Bn | 22.84 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.33 Bn | 18.10 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.15 Bn | 16.40 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.12 Bn | 15.12 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.63 Bn | 12.51 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.41 Bn | 10.23 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.05 Bn | 3.10 Bn | 1.24 Bn | 45.67% |
| 10 | Sally Beauty Holdings | 1.56 Bn | 1.39 Bn | 490.25 Mn | 52.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.41% |
| Mar 31, 2026 | 52.67% |
| Dec 31, 2025 | 51.24% |
| Sep 30, 2025 | 52.17% |
| Jun 30, 2025 | 51.54% |
| Mar 31, 2025 | 51.95% |
| Dec 31, 2024 | 50.84% |
| Sep 30, 2024 | 51.25% |
| Jun 30, 2024 | 51.03% |
| Mar 31, 2024 | 50.98% |
| Dec 31, 2023 | 50.16% |
| Sep 30, 2023 | 50.64% |
| Jun 30, 2023 | 50.99% |
| Mar 31, 2023 | 50.98% |
| Dec 31, 2022 | 51.05% |
| Sep 30, 2022 | 48.16% |
| Jun 30, 2022 | 50.99% |
| Mar 31, 2022 | 51.06% |
| Dec 31, 2021 | 51.02% |
| Sep 30, 2021 | 50.59% |