Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026)
Sally Beauty Holdings' Gross Margin came in at 52.41% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.87 percentage points from 51.54% a year earlier but down 0.26 percentage points from the prior quarter.
Sally Beauty Holdings (SBH) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Sally Beauty Holdings reported Gross Margin of 52.11%, up 0.73 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 51.62%, up 0.77 percentage points from FY2024.
- Gross Margin carries a five-year change of +2.80 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Gross Margin was 50.86% in FY2024 (-0.06 pp), 50.92% in FY2023 (+0.62 pp), 50.30% in FY2022 (-0.11 pp) and 50.41% in FY2021 (+1.59 pp).
- The five-year range for quarterly Gross Margin is 48.16% (fiscal Q4 2022) to 52.67% (fiscal Q2 2026).
- Year-over-year, Gross Margin has increased for nine consecutive quarters, with an average year-over-year change of +0.71 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q4 2023 (a gain of 2.48 percentage points), and the weakest in fiscal Q4 2022 (a drop of 2.43 percentage points).
- Business Quant data shows SBH's Gross Margin at 52.67% (Q2 2026), 51.24% (Q1 2026) and 52.17% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 827.17 Bn | 789.87 Bn | 49.13 Bn | 26.14% |
| 2 | Costco Wholesale | 405.79 Bn | 335.09 Bn | 9.01 Bn | 12.77% |
| 3 | Sysco | 37.26 Bn | 31.51 Bn | 4.13 Bn | 18.69% |
| 4 | Kroger | 35.13 Bn | 21.29 Bn | 7.86 Bn | 22.70% |
| 5 | Dollar General | 26.23 Bn | 20.91 Bn | 3.68 Bn | 32.60% |
| 6 | Caseys General Stores | 22.90 Bn | 20.89 Bn | 1.24 Bn | 21.82% |
| 7 | Dollar Tree | 21.48 Bn | 18.10 Bn | 2.10 Bn | 42.91% |
| 8 | US Foods Holding | 20.32 Bn | 20.12 Bn | 1.92 Bn | 18.22% |
| 9 | Tractor Supply | 16.56 Bn | 15.72 Bn | 1.68 Bn | 37.05% |
| 10 | Sally Beauty Holdings | 1.51 Bn | 875.21 Mn | 490.25 Mn | 52.41% |
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% |
Sally Beauty Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SBH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();