Sally Beauty Holdings (SBH) Operating Margin (2009 - 2026)
Sally Beauty Holdings (SBH) posted Operating Margin of 7.96% for Q1 2026, down 1.1% quarter-over-quarter from 8.05% in Q4 2025, and up 11.0% year-on-year from 7.17% in Q1 2025.
Sally Beauty Holdings (SBH) Operating Margin (2009 - 2026) Analysis & Trends
Sally Beauty Holdings (SBH) has reported Operating Margin for 18 consecutive years, with 7.96% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 7.96%, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.21% (down 54.0% YoY), and the FY2025 annual result was 8.86%, up 125.0% from the prior year.
- Operating Margin was 7.96% for Q1 2026 at Sally Beauty Holdings, down from 8.05% in the prior quarter.
- Over five years, Operating Margin peaked at 10.7% in Q4 2024 and troughed at 4.07% in Q3 2022.
- Average Operating Margin over 5 years is 8.26%, with a median of 8.35% recorded in 2023.
- Year-over-year, Operating Margin tumbled 716 bps in 2022 and jumped 427 bps in 2023.
- Over 5 years, Operating Margin stood at 9.05% in 2022, then fell by 18 bps to 7.42% in 2023, then jumped by 44 bps to 10.7% in 2024, then dropped by 25 bps to 8.05% in 2025, then slipped by 1 bps to 7.96% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 7.96% in Q1 2026, 8.05% in Q4 2025, and 8.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 7.66% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 20.27% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 4.14% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.26% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 17.99% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 59.29% |
| 10 | Sally Beauty Holdings | 13.64 Mn | -143.76 Mn | 475.77 Mn | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.96% |
| Dec 31, 2025 | 8.05% |
| Sep 30, 2025 | 8.44% |
| Jun 30, 2025 | 8.38% |
| Mar 31, 2025 | 7.86% |
| Dec 31, 2024 | 10.70% |
| Sep 30, 2024 | 8.80% |
| Jun 30, 2024 | 7.62% |
| Mar 31, 2024 | 6.56% |
| Dec 31, 2023 | 7.42% |
| Sep 30, 2023 | 8.35% |
| Jun 30, 2023 | 9.68% |
| Mar 31, 2023 | 7.77% |
| Dec 31, 2022 | 9.05% |
| Sep 30, 2022 | 4.07% |
| Jun 30, 2022 | 10.32% |
| Mar 31, 2022 | 9.49% |
| Dec 31, 2021 | 11.51% |
| Sep 30, 2021 | 11.23% |
| Jun 30, 2021 | 12.46% |