Valuation, from the filing
| Public float | $420.09M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-10-31 |
|---|---|---|
| Float per share | $9.39 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 22.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-10-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-04-30 — the year that filing covered.
Valuation over time
22.7× earnings today, against a median of 16.1× across 9 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-10-31 | $420.09M | 22.7× | |
| 2024-10-31 | $565.86M | 42.1× | |
| 2023-10-31 | $665.37M | 16.1× | |
| 2022-10-31 | $510.42M | 13.8× | |
| 2021-10-29 | $1.03B | 5.3× | |
| 2020-10-30 | $919.70M | 3.6× | |
| 2018-10-31 | $650.63M | 35.3× | |
| 2017-10-31 | $683.66M | 34.0× | |
| 2016-10-31 | $1.31B | 10.2× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Ordnance & Accessories, (No Vehicles/Guided Missiles) filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| FCF margin | 17.3% | 100th | |
| Current ratio | 3.20x | 25th | |
| Operating margin | 5.6% | 75th | |
| CapEx / revenue | 4.5% | 50th | |
| Gross margin | 26.9% | 50th | |
| Net margin | 3.5% | 50th | |
| Revenue YoY growth | 10.4% | 50th |
SMITH & WESSON BRANDS, INC. (SWBI) reported revenue of $551.35M and net income of $24.48M for the fiscal year ended 2026-07-31. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from SMITH & WESSON BRANDS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Ordnance & Accessories, (No Vehicles/Guided Missiles).
Income
| Metric | 2026-07-31 |
|---|---|
| Revenue | $551.35M |
| Cost of revenue | $400.06M |
| Gross profit | $151.30M |
| Operating income | $36.39M |
| Net income | $24.48M |
| Research & development | $9.85M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $33.19M |
| Income tax expense | $8.71M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $105.02M |
| General & administrative | $62.02M |
| Selling & marketing | $43.00M |
Balance
| Metric | 2026-07-31 |
|---|---|
| Cash & equivalents | $18.70M |
| Total assets | $523.30M |
| Current assets | $247.49M |
| Total liabilities | $149.60M |
| Current liabilities | $68.43M |
| Total equity incl. NCI | $373.70M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | $29.71M |
| Goodwill | $19.02M |
| Long-term debt | Unavailable |
| Accounts payable | $37.39M |
Cash flow
| Metric | 2026-07-31 |
|---|---|
| Operating cash flow | $113.46M |
| Capital expenditures | $31.39M |
| Investing cash flow | -$34.01M |
| Financing cash flow | -$78.71M |
| Net change in cash | $735.00K |
| Stock-based compensation | $8.27M |
| Common dividends paid | $23.34M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $30.58M |
Derived
| Metric | 2026-07-31 |
|---|---|
| Free cash flow | $82.07M |
| Gross margin | 27.4% |
| Operating margin | 6.6% |
| FCF margin | 14.9% |
| SBC / revenue | 1.5% |
| Current ratio | 3.62x |
| Revenue YoY growth | 17.0% |
| Net margin | 4.4% |
| R&D / revenue | 1.8% |
| CapEx / revenue | 5.7% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 26.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SWBI in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.