Sally Beauty Holdings, Inc. (Na (SBH) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Sally Beauty Holdings, Inc. (Na

NYSE•Consumer Cyclical•Specialty Retail

$16.70+0.23(0.01%)Market closed

Market Cap

$1.52B

P/E

7.9x

P/S

0.4x

P/B

1.7x

Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals. This segment also provides products under Wella and L'Oreal brands, as well as Clairol, OPI, Wahl, and BaByliss Pro. The Beauty Systems Group segment offers professional beauty products, such as hair color and care products, skin and nail care products, styling tools, and other beauty items directly to salons, and licensed beauty professionals, and salon professionals through its professional-only stores, e-commerce platforms, and sales force, as well as through franchised stores under the Armstrong McCall store name. This segment also sells products under Paul Mitchell and Wella brands, including Matrix, Schwarzkopf, Kenra, Goldwell, Joico, Amika, and Moroccanoil. In addition, it operates company-operated stores, salon business consultants, digital platforms and franchised units in the United States, Puerto Rico, Canada, Mexico, Chile, the United Kingdom, Ireland, Belgium, France, the Netherlands, and Germany. Further, the company distributes its products through full-service/exclusive distributors and open-line distributors. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Plano, Texas.

How this company scores

GoodMetricSide Score: 67/100

Strongest: Cash & Earnings Quality (25/25); weakest: Growth (11/25).

Profitability15/25

Growth11/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowHigh ROECash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.9x5y range 4.8x – 9.1x

Currently near its 20-quarter median.

P/S · 0.4x5y range 0.2x – 0.4x

Currently near its 20-quarter median.

P/B · 1.7x5y range 1.2x – 5.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 5.7% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $1.52B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.73B
Q. Revenue: $935.49M
TTM EBITDA: $463.70M
TTM Op. Income: $314.21M
Q. Op. Income: $86.40M
TTM Net Income: $192.26M
Q. Net Income: $54.08M
EPS: $0.57
Shares Out.: $95.06M

$3.73B in TTM revenue grew 1.1% YoY, reaching $935.49M last quarter. TTM EBITDA of $463.70M and TTM operating income of $314.21M show growth is flowing through to the bottom line. TTM net income of $192.26M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 52.4%
EBITDA Margin: 12.0%
Op. Margin: 9.2%
Net Margin: 5.8%

Op. margin of 9.2% is up 0.9% YoY — cost efficiency is improving. Net margin at 5.8% and gross margin of 52.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 10% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.9x
P/S Ratio: 0.4x
P/B Ratio: 1.7x

At 7.9x P/E, the stock trades below typical market levels. P/S of 0.4x and P/B of 1.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 65% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.88B
Cash: $173.10M
Long-Term Debt: $803.57M
Book Value: $871.47M
D/E Ratio: 0.9
Debt/EBITDA: 7.1

With $2.88B in assets and $803.57M in long-term debt, D/E is 0.9and book value is $871.47M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $80.94M
TTM Free Cash Flow: $241.21M
FCF Margin: 6.5%
FCF / Net Income: 1.3

TTM FCF of $241.21M on $80.94M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.