ARHS · Arhaus, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $1.38B | $1.27B | $1.29B | $1.23B | $507.43M |
| Cost of Revenue | $842.81M | $769.88M | $747.28M | $703.87M | $307.93M |
| Gross Profit | $536.41M | $501.23M | $540.42M | $525.06M | $199.50M |
| R&D | - | - | - | - | - |
| SG&A | $447.44M | $415.43M | $376.11M | $340.39M | $168.62M |
| Total Operating Expenses | - | - | - | - | - |
| D&A | $46.79M | $39.09M | $29.44M | $24.90M | $16.96M |
| Operating Income | $88.89M | $87.00M | $164.31M | $184.67M | $30.88M |
| Interest Expense | - | - | - | $3.39M | $13.06M |
| Income Tax | $24.72M | $22.37M | $43.45M | $45.94M | $783.0K |
| Net Income | $67.26M | $68.55M | $125.24M | $136.63M | $6.08M |
| EPS - Basic | $0.48 | $0.49 | $0.90 | $0.99 | $0.03 |
| EPS - Diluted | $0.48 | $0.49 | $0.89 | $0.98 | $0.03 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $253.36M | $197.51M | $223.10M | $145.18M | $123.78M |
| Accounts Receivable | $663.0K | $1.25M | $2.39M | $1.73M | $228.0K |
| Inventory | $338.81M | $297.01M | $254.29M | $286.42M | $208.34M |
| Accounts Payable | $78.36M | $68.62M | $63.70M | $62.64M | $51.43M |
| Current Assets | $621.37M | $531.04M | $528.25M | $478.05M | $368.00M |
| Total Assets | $1.39B | $1.21B | $1.11B | $931.79M | $586.55M |
| Current Liabilities | $453.26M | $402.45M | $351.29M | $373.78M | $401.23M |
| Long-term Debt | - | - | - | - | - |
| Total Liabilities | $976.52M | $862.57M | $773.86M | $722.10M | $516.78M |
| Stockholders' Equity | $418.23M | $343.75M | $340.24M | $209.69M | $69.77M |
| Retained Earnings | $210.37M | $142.90M | $145.29M | $20.05M | ($116.58M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $136.85M | $147.11M | $172.30M | $74.45M | $148.26M |
| Investing Cash Flow | ($77.82M) | ($99.53M) | ($96.72M) | ($52.66M) | ($13.01M) |
| Financing Cash Flow | ($3.48M) | ($72.95M) | ($1.80M) | ($177.0K) | ($91.31M) |
| CapEx | $77.87M | $107.37M | $97.06M | $52.66M | $13.01M |
| Free Cash Flow | $58.98M | $39.74M | $75.24M | $21.80M | $135.25M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 38.9% | 39.4% | 42.0% | 42.7% | 39.3% |
| Operating margin | 6.4% | 6.8% | 12.8% | 15.0% | 6.1% |
| EBITDA margin | 9.8% | 9.9% | 15.0% | 17.1% | 9.4% |
| Net margin | 4.9% | 5.4% | 9.7% | 11.1% | 1.2% |
| Free cash flow margin | 4.3% | 3.1% | 5.8% | 1.8% | 26.7% |
| FCF / Net income | 0.88 | 0.58 | 0.60 | 0.16 | 22.24 |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 32.4% | 32.7% | 29.2% | 27.7% | 33.2% |
| Effective tax rate | 26.9% | 24.6% | 25.8% | 25.2% | 11.4% |
| Return on assets | 4.8% | 5.7% | 11.2% | 14.7% | 1.0% |
| Return on equity | 16.1% | 19.9% | 36.8% | 65.2% | 8.7% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 1.37 | 1.32 | 1.50 | 1.28 | 0.92 |
| Quick ratio | 0.62 | 0.58 | 0.78 | 0.51 | 0.40 |
| Cash ratio | 0.56 | 0.49 | 0.64 | 0.39 | 0.31 |
| Leverage | |||||
| Debt / Equity | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | - | - | - | 54.5x | 2.4x |
| Equity multiplier | 3.33 | 3.51 | 3.27 | 4.44 | 8.41 |
| Liabilities / Assets | 0.70 | 0.72 | 0.69 | 0.77 | 0.88 |
| Efficiency | |||||
| Asset turnover | 0.99 | 1.05 | 1.16 | 1.32 | 0.87 |
| Inventory turnover | 2.49 | 2.59 | 2.94 | 2.46 | 1.48 |
| Days sales outstanding | 0d | 0d | 1d | 1d | 0d |
| Days inventory outstanding | 147d | 141d | 124d | 149d | 247d |
| Days payable outstanding | 34d | 33d | 31d | 32d | 61d |
| Cash conversion cycle | 113d | 109d | 94d | 117d | 186d |
| Valuation | |||||
| P / E | 23.4x | 19.2x | 13.3x | 9.9x | 441.7x |
| P / B | 3.8x | 3.8x | 4.9x | 6.5x | 21.3x |
| P / S | 1.1x | 1.0x | 1.3x | 1.1x | 2.9x |
| EV / EBITDA | 9.8x | 8.9x | 7.4x | 5.8x | 28.5x |
| Growth | |||||
| Revenue growth (YoY) | 8.5% | -1.3% | 4.8% | 142.2% | - |
| Revenue CAGR (3y) | 3.9% | 35.8% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 7.0% | -7.3% | 2.9% | 163.2% | - |
| Operating income growth (YoY) | 2.2% | -47.0% | -11.0% | 498.0% | - |
| Net income growth (YoY) | -1.9% | -45.3% | -8.3% | 2146.5% | - |
| EPS growth (YoY) | -2.0% | -44.9% | -9.2% | 3166.7% | - |
| EPS CAGR (3y) | -21.2% | 153.7% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | 48.4% | -47.2% | 245.2% | -83.9% | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 21.7% | 1.0% | 62.3% | 200.6% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.15B totalReportable Segment$1.15B · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.58
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Retail-Furniture Stores
Comparing Arhaus against the 4 most active filers in the same SIC group.
Dividends
$0.35/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Mar 18, 2026 | $0.3500 |
| Mar 20, 2024 | $0.5000 |