Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026)
Sally Beauty Holdings (SBH) reported Gross Margin of 52.67% for Q1 2026, up 71.0% on a YoY basis from 30.8% in Q1 2025, and up 2.79% quarter-over-quarter from 51.24% in Q4 2025.
Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026) Analysis & Trends
Sally Beauty Holdings has reported Gross Margin for 18 years, with the latest figure at 52.67% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 71.0% year-over-year to 52.67%; the trailing twelve-month figure through Mar 2026 stood at 51.9% (up 64.0% YoY), and the FY2025 full-year result was 51.62%, up 77.0% from the prior year.
- Gross Margin for Q1 2026 stood at 52.67%, up from 51.24% in the prior quarter.
- The five-year high for Gross Margin was 52.67% in Q1 2026, with the low at 48.16% in Q3 2022.
- Historically, Gross Margin has averaged 51.04% across 5 years, with a median of 51.03% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin sank 243 bps — and 2023, when it surged 248 bps.
- Sally Beauty Holdings' Gross Margin 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 | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Sally Beauty Holdings | 1.23 Bn | 1.07 Bn | 475.77 Mn | 52.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 50.31% |