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.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.4% | 58.1% | 56.9% | 47.9% | 57.8% | 57.6% |
| Operating margin | 11.4% | 13.4% | 13.6% | 7.9% | 19.5% | 19.6% |
| EBITDA margin | 14.3% | 16.0% | 16.4% | 10.4% | 21.8% | 22.4% |
| Net margin | 8.9% | 9.6% | 10.2% | 5.6% | 15.1% | 14.3% |
| Free cash flow margin | 11.3% | 12.0% | 14.2% | 3.4% | 6.4% | 32.1% |
| FCF / Net income | 1.28 | 1.25 | 1.38 | 0.61 | 0.43 | 2.25 |
| R&D / Revenue | 1.3% | 1.2% | 0.9% | 1.0% | 1.0% | 1.0% |
| SG&A / Revenue | 46.0% | 44.7% | 43.3% | 39.9% | 38.4% | 38.0% |
| Effective tax rate | 24.9% | 24.5% | 24.8% | 22.8% | 20.8% | 24.1% |
| Return on assets | 13.4% | 13.7% | 13.1% | 8.3% | 19.4% | 21.1% |
| Return on equity | 25.4% | 23.7% | 23.5% | 17.0% | 41.1% | 537.8% |
| Return on invested capital | 22.3% | 22.8% | 21.1% | 16.3% | 34.5% | 116.2% |
| Liquidity | ||||||
| Current ratio | 1.98 | 2.18 | 2.30 | 1.76 | 1.91 | 1.66 |
| Quick ratio | 1.11 | 1.36 | 1.45 | 0.85 | 1.12 | 1.17 |
| Cash ratio | 0.56 | 0.95 | 1.10 | 0.57 | 0.77 | 0.88 |
| Leverage | ||||||
| Debt / Equity | 0.11 | 0.10 | 0.11 | 0.14 | 0.22 | 3.83 |
| Debt / Assets | 0.06 | 0.06 | 0.06 | 0.07 | 0.10 | 0.15 |
| Debt / EBITDA | 0.26 | 0.25 | 0.29 | 0.43 | 0.37 | 0.45 |
| Interest coverage | - | - | 239.3x | 28.3x | 82.3x | 23.4x |
| Equity multiplier | 1.90 | 1.74 | 1.79 | 2.05 | 2.12 | 25.44 |
| Liabilities / Assets | 0.47 | 0.42 | 0.44 | 0.51 | 0.53 | 0.61 |
| Efficiency | ||||||
| Asset turnover | 1.51 | 1.42 | 1.28 | 1.48 | 1.29 | 1.48 |
| Inventory turnover | 2.74 | 2.47 | 2.12 | 2.24 | 1.87 | 3.30 |
| Days sales outstanding | 28d | 24d | 21d | 18d | 28d | 22d |
| Days inventory outstanding | 133d | 148d | 172d | 163d | 196d | 110d |
| Days payable outstanding | 64d | 75d | 97d | 62d | 117d | 97d |
| Cash conversion cycle | 97d | 96d | 96d | 119d | 107d | 35d |
| Valuation | ||||||
| P / E | 22.1x | 18.8x | 26.7x | 40.1x | 34.5x | 38.7x |
| P / B | 5.6x | 4.5x | 6.3x | 6.8x | 14.2x | 207.6x |
| P / S | 2.0x | 1.8x | 2.7x | 2.3x | 5.2x | 5.5x |
| EV / EBITDA | 13.2x | 10.3x | 15.3x | 20.7x | 23.3x | 24.0x |
| 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 totalReportable Segment$1.87B · 100.0%
Product / service
$1.87B totalDrinkware$1.09B · 58.1%
Coolers And Equipment$748.52M · 40.1%
Product And Service Other$34.13M · 1.8%
Geographic
$1.87B totalUS$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
Comparing YETI Holdings against the 5 most active filers in the same SIC group.