National Vision Holdings reported a gross margin of 58.23% and a net margin of 2.49% for the quarter ended Jul 2026. These financial ratios cover 39 quarters of results from Oct 2016 through Jul 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Oct2016 | Dec2016 | Apr2017 | Jul2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Dec2022 | Apr2023 | Jul2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Jan2026 | Jul2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||||||||
| Gross Margin | 57.06% | 56.28% | 61.29% | 55.27% | 53.97% | 53.37% | 133.03% | 59.96% | 58.24% | 58.11% | 56.20% | 59.50% | 57.15% | 57.94% | 57.69% | 59.79% | 58.81% | 58.30% | 58.14% | 58.23% | |||||||||||||||||||
| EBT Margin | 8.12% | 8.68% | 17.91% | 7.86% | 2.83% | 3.47% | -19.33% | 5.21% | 0.86% | -0.04% | -4.02% | 3.97% | -0.58% | -2.67% | -6.91% | 4.23% | 2.52% | 1.13% | 0.47% | 3.60% | |||||||||||||||||||
| EBIT Margin | 9.98% | 9.79% | 16.75% | 7.07% | 3.61% | 3.08% | -16.91% | 5.98% | 1.29% | 0.81% | -2.95% | 4.86% | 0.13% | -1.95% | -5.85% | 5.12% | 3.38% | 1.97% | 1.32% | 4.27% | |||||||||||||||||||
| EBITDA Margin | 9.98% | 9.79% | 16.75% | 7.07% | 3.61% | 3.08% | -16.91% | 5.98% | 1.29% | 0.81% | -2.95% | 4.86% | 0.13% | -1.95% | -5.85% | 5.12% | 3.38% | 1.97% | 1.32% | 4.27% | |||||||||||||||||||
| Operating Margin | 9.98% | 9.79% | 16.75% | 7.07% | 3.61% | 3.08% | -16.91% | 5.98% | 1.29% | 0.81% | -2.95% | 4.86% | 0.13% | -1.95% | -5.85% | 5.12% | 3.38% | 1.97% | 1.32% | 4.27% | |||||||||||||||||||
| Net Margin | 6.84% | 7.91% | 14.70% | 5.71% | 1.91% | 2.30% | -13.52% | 4.14% | 1.30% | -16.82% | -3.80% | 2.42% | -0.69% | -1.88% | -6.54% | 2.78% | 1.79% | 0.69% | 0.66% | 2.49% | |||||||||||||||||||
| FCF Margin | 0.06% | 3.60% | 2.61% | 0.58% | -27.32% | 9.97% | 2.72% | 3.01% | -3.10% | 0.82% | 7.05% | 0.90% | -0.40% | 2.35% | 8.72% | 6.21% | -2.23% | ||||||||||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 120.19M | 122.75M | 124.15M | 125.53M | 128.45M | 125.76M | 122.59M | 123.34M | 122.20M | 120.73M | 120.25M | 119.24M | 104.76M | 89.27M | 90.76M | 91.24M | 89.11M | 88.83M | 88.67M | 105.95M | |||||||||||||||||||
| Assets AverageAssets Avg. | 2,394.53M | 2,387.34M | 2,349.28M | 2,309.29M | 2,301.91M | 2,285.04M | 2,291.49M | 2,301.81M | 2,323.15M | 2,300.18M | 2,219.47M | 2,163.94M | 2,150.83M | 2,083.21M | 2,013.95M | 2,009.06M | 1,989.35M | 1,963.41M | 1,971.08M | 1,983.59M | |||||||||||||||||||
| Invested CapitalInvested Cap. | 1,558.78M | 1,608.60M | 1,496.06M | 1,520.09M | 1,460.47M | 1,475.08M | 1,468.64M | 1,463.67M | 1,474.10M | 1,403.18M | 1,290.67M | 1,300.27M | 1,598.74M | 1,281.22M | 1,254.89M | 1,271.73M | 1,128.55M | 1,118.60M | 1,122.60M | 1,143.53M | |||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.76 | 0.87 | 1.05 | 1.07 | 1.05 | 1.05 | 0.72 | 0.69 | 0.65 | 0.63 | 0.79 | 0.82 | 0.83 | 0.87 | 0.91 | 0.92 | 0.95 | 0.98 | 1.01 | 1.00 | |||||||||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 5.43 | 8.83 | 42.06 | ||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.26 | 0.26 | 0.25 | 0.24 | 0.25 | 0.25 | 0.25 | 0.25 | 0.24 | 0.25 | 0.21 | 0.21 | 0.35 | 0.22 | 0.22 | 0.22 | 0.14 | 0.13 | 0.13 | 0.12 | |||||||||||||||||||
| Times Interest Earned | 5.43 | 8.83 | 42.06 | ||||||||||||||||||||||||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | |||||||||||||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | |||||||||||||||||||||||||||||||||||||||
| Payout Ratio | |||||||||||||||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 110.54 | 111.72 | 30.75 | 120.00 | 227.72 | 224.00 | -209.36 | 76.51 | 338.15 | -17.14 | -102.52 | 148.98 | -329.36 | -102.41 | -29.12 | 71.44 | 210.26 | 670.84 | 621.30 | 125.82 | |||||||||||||||||||
| Price to SalesP/S | 7.56 | 8.84 | 4.52 | 6.86 | 4.35 | 5.16 | 28.30 | 3.16 | 4.40 | 2.88 | 3.89 | 3.61 | 2.28 | 1.92 | 1.90 | 1.99 | 3.77 | 4.64 | 4.09 | 3.13 | |||||||||||||||||||
| Price to BookP/B | 4.43 | 4.63 | 4.22 | 3.81 | 2.49 | 2.84 | 3.40 | 1.64 | 2.09 | 1.51 | 1.98 | 2.07 | 1.22 | 1.03 | 1.02 | 1.21 | 2.16 | 2.63 | 2.37 | 1.74 | |||||||||||||||||||
| Enterprise Value | 3,748.30M | 4,140.42M | 3,599.75M | 3,302.94M | 1,962.29M | 2,320.20M | 2,831.11M | 1,469.62M | 1,897.02M | 1,263.60M | 1,489.15M | 1,739.26M | 1,027.76M | 865.65M | 757.41M | 933.40M | 1,832.97M | 2,206.04M | 2,022.14M | 1,526.19M | |||||||||||||||||||
| EV to EBIT | 68.36 | 81.65 | 24.86 | 88.47 | 106.81 | 151.06 | -154.74 | 52.86 | 341.13 | 356.24 | -119.92 | 74.19 | 0.00M | -98.14 | -29.62 | 35.71 | 111.43 | 229.60 | 304.77 | 71.65 | |||||||||||||||||||
| EV to EBITDA | 68.36 | 81.65 | 24.86 | 88.47 | 106.81 | 151.06 | -154.74 | 52.86 | 341.13 | 356.24 | -119.92 | 74.19 | 0.00M | -98.14 | -29.62 | 35.71 | 111.43 | 229.60 | 304.77 | 71.65 | |||||||||||||||||||
| Market Capitalization | 4,156.60M | 4,579.54M | 3,906.63M | 3,617.58M | 2,216.67M | 2,576.41M | 3,061.73M | 1,471.12M | 1,898.36M | 1,264.94M | 1,639.05M | 1,740.85M | 1,029.24M | 867.17M | 832.65M | 1,013.42M | 1,834.48M | 2,262.07M | 2,060.85M | 1,562.19M | |||||||||||||||||||
| Price to FCFP/FCF | 0.01M | 190.20 | 166.70 | 888.42 | -103.56 | 31.74 | 161.52 | 95.75 | -125.62 | 438.17 | 32.31 | 213.91 | -479.09 | 84.35 | 43.25 | 74.73 | -183.35 | ||||||||||||||||||||||
| EV to FCF | 0.01M | 173.66 | 147.57 | 800.07 | -95.76 | 31.71 | 161.41 | 95.65 | -114.13 | 437.77 | 32.26 | 213.53 | -435.80 | 77.69 | 43.22 | 72.88 | -179.91 | ||||||||||||||||||||||
| EV to CFO | 65.19 | 70.10 | 47.96 | 69.66 | -0.00M | 19.84 | 49.72 | 30.78 | 75.36 | 72.51 | 19.97 | 31.01 | 25.01 | 28.95 | 33.78 | 47.31 | 153.67 | ||||||||||||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 9.98% | 9.79% | 16.75% | 7.07% | 3.61% | 3.08% | -16.91% | 5.98% | 1.29% | 0.81% | -2.95% | 4.86% | 0.13% | -1.95% | -5.85% | 5.12% | 3.38% | 1.97% | 1.32% | 4.27% | |||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | 6.40% | 10.88% | 15.55% | 14.65% | 12.90% | 11.08% | 2.71% | 2.23% | 1.55% | 0.97% | 1.34% | 1.13% | 1.02% | 0.17% | -0.67% | -0.50% | 0.52% | 1.72% | 3.77% | 3.37% | |||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 6.95% | 11.78% | 16.70% | 15.74% | 13.71% | 11.51% | 2.52% | 1.90% | 1.40% | 0.87% | 0.76% | 0.08% | 8.75% | 0.19% | -0.86% | -0.64% | 1.21% | -0.82% | 3.73% | 3.48% | |||||||||||||||||||
| Return on Assets [ROA]ROA | 3.03% | 6.59% | 10.60% | 10.21% | 9.03% | 7.81% | 1.60% | 1.12% | 0.93% | -2.76% | -2.93% | -3.35% | -3.78% | -0.76% | -1.42% | -1.29% | -0.71% | -0.12% | 1.50% | 1.40% |