Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026)
Sally Beauty Holdings' (SBH) quarterly Gross Margin came in at 52.41% in Q2 2026, up 87.0% on a YoY basis from 28.02% in Q2 2025, and little changed quarter-over-quarter from 52.67% in Q1 2026.
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Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026) Analysis & Trends
Sally Beauty Holdings (SBH) has reported Gross Margin for 18 consecutive years, with 52.41% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 87.0% year-over-year to 52.41%; the trailing twelve-month figure through Jun 2026 stood at 52.11% (up 73.0% YoY), and the FY2025 full-year result was 51.62%, up 77.0% from the prior year.
- Gross Margin held at 52.41% in Q2 2026 per SBH's latest filing, from 52.67% in the prior quarter.
- Across five years, Gross Margin topped out at 52.67% in Q1 2026 and bottomed at 48.16% in Q3 2022.
- Historically, Gross Margin has averaged 51.12% across 5 years, with a median of 51.04% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 243 bps in 2022, then soared 248 bps in 2023.
- Over 5 years, Gross Margin stood at 51.05% in 2022, then dropped by 2 bps to 50.16% in 2023, then climbed by 1 bps to 50.84% in 2024, then increased by 1 bps to 51.24% in 2025, then rose by 2 bps to 52.41% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 52.41%, 52.67%, and 51.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 36.91 Bn | 33.58 Bn | 8.12 Bn | 23.39% |
| 2 | Sprouts Farmers Market | 6.83 Bn | 6.61 Bn | 900.65 Mn | 38.72% |
| 3 | Albertsons Companies | 6.37 Bn | 6.17 Bn | 5.51 Bn | 27.22% |
| 4 | Weis Markets | 1.74 Bn | 1.53 Bn | 328.40 Mn | 25.75% |
| 5 | Ingles Markets | 1.55 Bn | 1.09 Bn | 332.44 Mn | 24.30% |
| 6 | Sally Beauty Holdings | 1.49 Bn | 1.32 Bn | 490.25 Mn | 52.41% |
| 7 | Grocery Outlet Holding | 1.11 Bn | 1.04 Bn | 360.72 Mn | 30.24% |
| 8 | Dingdong (Cayman) | 700.57 Mn | 434.38 Mn | 1.64 Mn | 15.21% |
| 9 | Petco Health & Wellness Company | 698.36 Mn | 404.86 Mn | 591.15 Mn | 39.70% |
| 10 | Natural Grocers by Vitamin Cottage | 641.28 Mn | 623.81 Mn | 98.01 Mn | 29.28% |
Historic Data
Download Data
Historic 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% |