Sally Beauty Holdings (SBH) Operating Margin (2009 - 2026)
Sally Beauty Holdings' Operating Margin was 9.24% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.86 percentage points from 8.38% a year earlier and up 1.27 percentage points from the prior quarter.
Sally Beauty Holdings (SBH) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sally Beauty Holdings' Operating Margin was 8.43% through Jun 30, 2026, down 0.52 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 8.86%, up 1.25 percentage points from FY2024.
- Operating Margin shows a five-year change of +1.49 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Operating Margin was 7.61% in FY2024 (-1.11 pp), 8.72% in FY2023 (-0.13 pp), 8.85% in FY2022 (-1.95 pp) and 10.80% in FY2021 (+3.44 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Margin since fiscal Q1 2025.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.47 percentage points.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q4 2023 (a gain of 4.27 percentage points); the worst was fiscal Q4 2022 (a drop of 7.16 percentage points).
- Per Business Quant data, SBH's Operating Margin in the three fiscal quarters before Q3 2026 was 7.96% (Q2 2026), 8.05% (Q1 2026) and 8.44% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.64 Bn | 825.34 Bn | 49.13 Bn | 4.99% |
| 2 | Costco Wholesale | 409.33 Bn | 338.62 Bn | 9.01 Bn | 3.99% |
| 3 | Sysco | 37.65 Bn | 31.90 Bn | 4.13 Bn | 4.44% |
| 4 | Kroger | 35.26 Bn | 21.42 Bn | 7.86 Bn | 2.80% |
| 5 | Dollar General | 27.43 Bn | 22.11 Bn | 3.68 Bn | 6.81% |
| 6 | Caseys General Stores | 22.41 Bn | 20.40 Bn | 1.24 Bn | 8.54% |
| 7 | Dollar Tree | 21.77 Bn | 18.40 Bn | 2.10 Bn | 14.11% |
| 8 | US Foods Holding | 20.27 Bn | 20.06 Bn | 1.92 Bn | 4.21% |
| 9 | Tractor Supply | 16.74 Bn | 15.90 Bn | 1.68 Bn | 10.29% |
| 10 | Sally Beauty Holdings | 1.59 Bn | 956.13 Mn | 490.25 Mn | 9.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.24% |
| 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% |
Sally Beauty Holdings Operating 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=operating-margin&ticker=SBH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=SBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();