balance equationreview2016-09-30
Difference 37025000 exceeds tolerance 2095038.000. Presentation or filing-vintage differences need review.
Revenue
$3.70B
Fiscal year ended 2025-09-30Operating income
$327.81M
Fiscal year ended 2025-09-30Free cash flow
$172.69M
Fiscal year ended 2025-09-30Sally Beauty Holdings, Inc. (SBH) reported revenue of $3.70B and net income of $195.88M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Sally Beauty Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Retail Stores, NEC.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.70B | $3.72B | $3.73B | $3.82B | $3.87B | $3.51B | $3.88B | $3.93B | $3.94B | $3.95B |
| Cost of revenue | $1.79B | $1.83B | $1.83B | $1.90B | $1.92B | $1.80B | $1.97B | $1.99B | $1.97B | $1.99B |
| Gross profit | $1.91B | $1.89B | $1.90B | $1.92B | $1.95B | $1.72B | $1.91B | $1.94B | $1.96B | $1.96B |
| Operating income | $327.81M | $282.73M | $325.03M | $337.64M | $418.44M | $258.76M | $458.47M | $426.59M | $478.60M | $498.30M |
| Net income | $195.88M | $153.41M | $184.60M | $183.55M | $239.86M | $184.60M | $271.62M | $258.05M | $215.08M | $222.94M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 103.82M | shares 106.93M | shares 109.34M | shares 110.29M | shares 114.21M | shares 114.68M | shares 120.28M | shares 123.83M | shares 138.18M | shares 148.80M |
| Pretax income | $263.42M | $206.32M | $252.05M | $244.10M | $324.93M | $159.97M | $362.16M | $328.43M | $345.70M | $354.06M |
| Income tax expense | $67.54M | $52.91M | $67.45M | $60.54M | $85.08M | $46.72M | $90.54M | $70.38M | $130.62M | $131.12M |
| Diluted EPS | $1.89 | $1.43 | $1.69 | $1.66 | $2.10 | $0.99 | $2.26 | $2.08 | $1.56 | $1.50 |
| Selling, general & administrative | $1.58B | $1.61B | $1.56B | $1.55B | $1.53B | $1.44B | $1.45B | $1.48B | $1.46B | $1.47B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $149.16M | $107.96M | $123.00M | $70.56M | $400.96M | $514.15M | $71.50M | $77.30M | $63.76M | $86.62M |
| Total assets | $2.87B | $2.79B | $2.73B | $2.58B | $2.85B | $2.90B | $2.10B | $2.10B | $2.10B | $2.10B |
| Current assets | $1.30B | $1.31B | $1.23B | $1.13B | $1.38B | $1.43B | $1.16B | $1.16B | $1.14B | $1.17B |
| Total liabilities | $2.08B | $2.16B | $2.22B | $2.28B | $2.57B | $2.88B | $2.16B | $2.37B | $2.46B | $2.41B |
| Current liabilities | $575.97M | $592.67M | $579.26M | $667.91M | $664.88M | $563.36M | $456.08M | $491.17M | $572.59M | $488.66M |
| Total equity incl. NCI | $794.21M | $628.54M | $508.75M | $293.64M | $280.74M | $15.44M | -$60.32M | -$268.56M | -$363.62M | -$276.17M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $987.58M | $1.04B | $975.22M | $936.37M | $871.35M | $814.50M | $952.91M | $944.34M | $930.86M | $907.34M |
| Accounts receivable | $31.83M | $33.64M | $33.42M | $34.10M | $32.62M | $35.59M | $43.14M | $48.42M | $46.99M | $46.94M |
| Goodwill | $540.67M | $538.27M | $533.08M | $526.07M | $541.21M | $540.04M | $530.79M | $535.92M | $537.79M | $532.71M |
| Long-term debt | $861.97M | $978.26M | $1.07B | $1.08B | $1.38B | $1.80B | $1.59B | $1.77B | $1.77B | $1.78B |
| Accounts payable | $224.51M | $269.42M | $258.88M | $275.72M | $291.63M | $236.33M | $278.69M | $303.24M | $307.75M | $271.38M |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $274.83M | $246.53M | $249.31M | $156.50M | $381.86M | $426.89M | $320.42M | $372.66M | $343.29M | $354.11M |
| Capital expenditures | $102.14M | $101.16M | $90.74M | $99.25M | $73.90M | $110.86M | $107.76M | $86.51M | $89.67M | $151.22M |
| Investing cash flow | -$58.28M | -$108.91M | -$99.78M | -$102.42M | -$76.02M | -$123.78M | -$95.87M | -$95.31M | -$89.62M | -$174.83M |
| Financing cash flow | -$178.42M | -$153.73M | -$100.82M | -$373.68M | -$419.97M | $139.76M | -$229.31M | -$263.28M | -$277.30M | -$232.14M |
| Net change in cash | $41.20M | -$15.04M | $52.44M | -$330.40M | -$113.19M | $442.66M | -$5.80M | $13.54M | -$22.86M | -$53.42M |
| Stock-based compensation | $19.25M | $17.17M | $15.86M | $9.94M | $11.66M | $8.43M | $9.18M | $10.52M | $10.51M | $12.58M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $54.00M | $60.39M | $15.15M | $130.33M | Unavailable | $61.36M | $47.43M | $166.70M | $346.87M | $209.07M |
| Depreciation & amortization | $99.92M | $109.74M | $102.41M | $99.93M | $102.20M | $106.78M | $107.66M | $108.83M | $112.32M | $99.66M |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $172.69M | $145.36M | $158.57M | $57.25M | $307.96M | $316.03M | $212.66M | $286.15M | $253.62M | $202.89M |
| Gross margin | 51.6% | 50.9% | 50.9% | 50.3% | 50.4% | 48.8% | 49.3% | 49.4% | 49.9% | 49.7% |
| Operating margin | 8.9% | 7.6% | 8.7% | 8.8% | 10.8% | 7.4% | 11.8% | 10.8% | 12.2% | 12.6% |
| FCF margin | 4.7% | 3.9% | 4.3% | 1.5% | 7.9% | 9.0% | 5.5% | 7.3% | 6.4% | 5.1% |
| SBC / revenue | 0.5% | 0.5% | 0.4% | 0.3% | 0.3% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% |
| Current ratio | 2.26x | 2.20x | 2.12x | 1.70x | 2.08x | 2.54x | 2.55x | 2.35x | 1.99x | 2.40x |
| Revenue YoY growth | -0.4% | -0.3% | -2.3% | -1.5% | 10.3% | -9.3% | -1.4% | -0.1% | -0.4% | Unavailable |
| Net margin | 5.3% | 4.1% | 5.0% | 4.8% | 6.2% | Unavailable | 7.0% | 6.6% | 5.5% | 5.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.8% | 2.7% | 2.4% | 2.6% | 1.9% | 3.2% | 2.8% | 2.2% | 2.3% | 3.8% |
| Long-term debt / equity | 1.09x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 25.6% | 25.6% | 26.8% | 24.8% | 26.2% | 29.2% | 25.0% | 21.4% | 37.8% | 37.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SBH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-Q · Filed 2026-02-09View SEC filing
10-K · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-12View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.