CoverageForm 410-K10-Q8-K13D13G13F

YETI · Yeti Holdings, 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.

Price · YETI

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$1.87B$1.83B$1.66B$1.60B$1.41B$1.09B
Cost of Revenue$795.81M$766.59M$715.53M$831.82M$594.88M$462.92M
Gross Profit$1.07B$1.06B$943.19M$763.40M$816.11M$628.80M
R&D$25.20M$21.10M$15.50M$15.40M$13.70M$11.20M
SG&A$859.13M$817.91M$717.73M$637.04M$541.17M$414.57M
Total Operating Expenses------
D&A$54.23M$48.13M$46.43M$39.85M$32.07M$30.54M
Operating Income$213.56M$245.38M$225.46M$126.36M$274.94M$214.23M
Interest Expense--$942.0K$4.47M$3.34M$9.15M
Income Tax$54.89M$57.16M$56.06M$26.48M$55.81M$49.40M
Net Income$165.39M$175.69M$169.88M$89.69M$212.60M$155.80M
EPS - Basic$2.05$2.07$1.96$1.04$2.43$1.79
EPS - Diluted$2.03$2.05$1.94$1.03$2.40$1.77

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$188.34M$358.80M$438.96M$234.74M$312.19M$253.28M
Accounts Receivable$141.42M$120.19M$95.77M$79.45M$109.53M$65.42M
Inventory$290.61M$310.06M$337.21M$371.41M$318.86M$140.11M
Accounts Payable$140.21M$158.50M$190.39M$140.82M$191.32M$123.62M
Current Assets$660.33M$826.77M$914.40M$718.92M$770.17M$476.50M
Total Assets$1.24B$1.29B$1.30B$1.08B$1.10B$737.07M
Current Liabilities$334.34M$379.50M$398.35M$409.04M$403.71M$287.76M
Long-term Debt$68.30M$72.82M$78.64M$71.74M$112.50M$111.02M
Total Liabilities$585.14M$546.01M$573.58M$550.29M$578.54M$448.65M
Stockholders' Equity$650.28M$740.11M$723.61M$526.48M$517.82M$28.97M
Retained Earnings$779.51M$614.13M$438.44M$268.55M$178.86M($33.74M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$254.74M$261.39M$285.94M$100.89M$146.52M$366.43M
Investing Cash Flow($101.84M)($131.45M)($72.82M)($56.91M)($65.76M)($22.94M)
Financing Cash Flow($321.39M)($209.22M)($13.60M)($122.63M)($23.02M)($163.19M)
CapEx$42.67M$41.83M$50.67M$45.93M$56.12M$15.57M
Free Cash Flow$212.07M$219.55M$235.27M$54.97M$90.40M$350.86M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin57.4%58.1%56.9%47.9%57.8%57.6%
Operating margin11.4%13.4%13.6%7.9%19.5%19.6%
EBITDA margin14.3%16.0%16.4%10.4%21.8%22.4%
Net margin8.9%9.6%10.2%5.6%15.1%14.3%
Free cash flow margin11.3%12.0%14.2%3.4%6.4%32.1%
FCF / Net income1.281.251.380.610.432.25
R&D / Revenue1.3%1.2%0.9%1.0%1.0%1.0%
SG&A / Revenue46.0%44.7%43.3%39.9%38.4%38.0%
Effective tax rate24.9%24.5%24.8%22.8%20.8%24.1%
Return on assets13.4%13.7%13.1%8.3%19.4%21.1%
Return on equity25.4%23.7%23.5%17.0%41.1%537.8%
Return on invested capital22.3%22.8%21.1%16.3%34.5%116.2%
Liquidity
Current ratio1.982.182.301.761.911.66
Quick ratio1.111.361.450.851.121.17
Cash ratio0.560.951.100.570.770.88
Leverage
Debt / Equity0.110.100.110.140.223.83
Debt / Assets0.060.060.060.070.100.15
Debt / EBITDA0.260.250.290.430.370.45
Interest coverage--239.3x28.3x82.3x23.4x
Equity multiplier1.901.741.792.052.1225.44
Liabilities / Assets0.470.420.440.510.530.61
Efficiency
Asset turnover1.511.421.281.481.291.48
Inventory turnover2.742.472.122.241.873.30
Days sales outstanding28d24d21d18d28d22d
Days inventory outstanding133d148d172d163d196d110d
Days payable outstanding64d75d97d62d117d97d
Cash conversion cycle97d96d96d119d107d35d
Valuation
P / E22.1x18.8x26.7x40.1x34.5x38.7x
P / B5.6x4.5x6.3x6.8x14.2x207.6x
P / S2.0x1.8x2.7x2.3x5.2x5.5x
EV / EBITDA13.2x10.3x15.3x20.7x23.3x24.0x
Growth
Revenue growth (YoY)2.1%10.3%4.0%13.1%29.2%19.5%
Revenue CAGR (3y)5.4%9.1%15.0%20.4%19.9%-
Revenue CAGR (5y)11.3%14.9%15.2%---
Gross profit growth (YoY)0.9%12.7%23.6%-6.5%29.8%32.3%
Operating income growth (YoY)-13.0%8.8%78.4%-54.0%28.3%138.6%
Net income growth (YoY)-5.9%3.4%89.4%-57.8%36.5%208.9%
EPS growth (YoY)-1.0%5.7%88.3%-57.1%35.6%205.2%
EPS CAGR (3y)25.4%-5.1%3.1%21.1%60.5%-
EPS CAGR (5y)2.8%28.7%27.3%---
FCF growth (YoY)-3.4%-6.7%328.0%-39.2%-74.2%540.1%
FCF CAGR (5y)-9.6%32.0%----
Book value growth (YoY)-12.1%2.3%37.4%1.7%1687.4%-76.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-01-03.

Business segments

$1.87B total
Reportable Segment$1.87B · 100.0%

Product / service

$1.87B total
Drinkware$1.09B · 58.1%
Coolers And Equipment$748.52M · 40.1%
Product And Service Other$34.13M · 1.8%

Geographic

$1.87B total
US$1.47B · 78.9%
Non Us$394.35M · 21.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

3.24
Safe

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

6/9
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: Sporting & Athletic Goods, NEC

CompanyRevenue (last FY)Net marginROE
MODG$2.06B-19.9%-19.8%
GOLF$2.56B7.4%24.1%
PTON$2.49B-4.8%28.7%
DTC$316.58M-32.0%-220.2%
ESCA$240.16M5.7%7.9%

Comparing YETI Holdings against the 5 most active filers in the same SIC group.