Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026)
Sally Beauty Holdings (SBH) posted Gross Margin of 52.67% for Q1 2026, up 2.79% on a QoQ basis from 51.24% in Q4 2025, and up 71.0% year-over-year from 30.8% in Q1 2025.
Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026) Analysis & Trends
Sally Beauty Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 52.67% for 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 was 52.67% for Q1 2026 at Sally Beauty Holdings, up from 51.24% 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.
- 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 plunged 243 bps — and 2023, when it surged 248 bps.
- Sally Beauty Holdings' 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 3 bps to 52.67% in 2026.
- Business Quant data shows SBH's Gross Margin at 52.67% in Q1 2026, 51.24% in Q4 2025, and 52.17% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.43% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 46.39% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 36.22% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 40.32% |
| 10 | Sally Beauty Holdings | 1.49 Bn | 1.33 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% |