Ollie's Bargain Outlet Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Ollie's Bargain Outlet Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2024	FY2025	FY2025
Revenue	890	1,077	1,241	1,408	1,809	1,753	1,827	2,103	2,272	2,649
Cost of revenue	530	645	744	853	1,085	1,072	1,171	1,270	1,357	1,576
Gross profit	360	432	498	556	723	681	656	832	914	1,073
Selling, general and administrative	243	278	313	356	419	448	491	563	612	709
Operating income	102	136	162	172	278	205	131	228	250	298
Pre-tax income	96.3	130	161	173	278	204	134	242	266	316
Income tax	36.5	2.89	25.6	31.6	35.1	46.9	31.1	61	66.1	75.8
Net income	59.8	128	135	141	243	157	103	181	200	241
EBITDA	112	148	176	189	300	229	160	263	294	353
EPS, basic	0.99	2.08	2.16	2.23	3.75	2.44	1.64	2.94	3.26	3.92
EPS, diluted	0.96	1.96	2.05	2.14	3.68	2.43	1.64	2.92	3.23	3.89
Shares, basic (weighted)	60.2	61.4	62.6	63.2	64.7	64.4	62.5	61.7	61.3	61.3
Shares, diluted (weighted)	62.4	65	65.9	65.9	65.9	64.9	62.7	62.1	61.8	61.8

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2024	FY2025	FY2025
Cash and equivalents	98.7	39.2	51.9	90	447	247	211	266	205	260
Receivables	0.3	1.27	0.57	2.84	0.62	1.37	2.37	2.22	2.35	3.81
Inventory	210	255	296	335	354	467	471	506	553	650
Other current assets	3.74	7.99	6.9	5.57	7.32	11.2	10.6	10.2	10.2	13.7
Total current assets	313	304	358	434	809	727	754	871	994	964
Property, plant and equipment	46.3	54.9	119	132	139	147	176	270	335	382
Lease right-of-use assets			0	353	381	421	436	476	555	664
Goodwill	445	445	445	445	445	445	445	445	445	445
Intangible assets	233	233	232	231	231	231	231	231	231	231
Other non-current assets	2.39	2.15	4.3	2.53	2.42	2.2	2.12	2.17	2.25	2.93
Total assets	1,039	1,038	1,159	1,596	2,006	1,972	2,044	2,295	2,561	2,955
Accounts payable	50.4	74.2	77.4	63.2	117	107	90.2	128	130	169
Accrued liabilities	44.7	46.3	65.9	56.7	90.6	78.2	77	82.9	87.9	112
Deferred revenue		0	10.5	9.93	10	10.1	10.7	12.8	16	16.6
Short-term debt	5.08	10.2	0.24	0.27	0.33	0.33	0.43	0.64	0.56	0.57
Total current liabilities	105	137	151	178	284	263	259	316	304	400
Long-term debt	189	38.8	0.44	0.53	0.66	0.72	0.86	1.02	1.04	0.97
Lease liabilities			0	300	321	354	351	398	479	576
Other non-current liabilities	5.15	7.1	9.3	0.01	0	0	0	0
Total liabilities	388	242	216	537	671	684	682	786	866	1,067
Total debt	194	49	0.68	0.8	0.98	1.05	1.29	1.66	1.6	1.54
Paid-in capital	566	583	600	615	649	664	678	695	735	761
Retained earnings	85.4	213	342	484	726	884	987	1,168	1,368	1,608
Treasury stock	-0.09	-0.09	-0.09	-40.1	-40.4	-260	-302	-355	-408	-482
Shareholders' equity	651	796	943	1,059	1,335	1,288	1,362	1,508	1,695	1,888
Total equity	651	796	943	1,059	1,335	1,288	1,362	1,508	1,695	1,888
Total liabilities and equity	1,039	1,038	1,159	1,596	2,006	1,972	2,044	2,295	2,561	2,955

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2024	FY2025	FY2025
Net income	59.8	128	135	141	243	157	103	181	200	241
Depreciation and amortization	10.3	11.9	14	17.5	22.5	24.9	28.7	34.9	44	55.2
Stock-based compensation	6.69	7.41	7.29	7.3	6.5	8.04	9.95	12.2	19.4	13.1
Deferred income tax	1.87	-30.3	-1.57	3.79	5.66	1.12	4.45	1.25	9.25	8.8
Change in receivables	-0.12	-0.97	0.7	-2.27	2.22	-0.75	-1	0.15	-0.13	-1.45
Change in inventory	-19.5	-45.1	-41.2	-38.8	-18.5	-114	-3.23	-35.3	-46.8	-97.7
Change in payables	-1.82	23	3.56	-15.5	55.6	-11.1	-20.4	38.3	4.05	38.6
Cash from operations	67.1	95.9	126	105	361	45	114	254	227	297
Capital expenditures	-16.4	-19.3	-74.2	-77	-30.5	-35	-51.7	-124	-121	-102
Purchases of investments					0	0	-60.2	-274	-483
Cash from investing	-16.4	-19.2	-73.8	-34.1	-30.4	-31.8	-111	-150	-255	-180
Debt issued	0	0
Stock issued	0	0	10.2	9.09	28.1	8.64	4.03	6.69	24	18.7
Share buybacks		0	0	-40	-0.3	-220	-41.8	-52.5	-53	-73.8
Dividends paid	0	0
Cash from financing	17.8	-136	-39.5	-33.2	26.4	-213	-39.3	-48.7	-33.3	-62.1
Net change in cash	68.4	-59.4	12.7	38	357	-200	-36.4	55.7	-61.1	54.6
Free cash flow	50.7	76.7	51.9	28.4	331	10	62.7	130	107	195
Interest paid	5.18	3.81	0.81	0.36	0.32	0.36	0.34	0.42	0.45	0.46
Income taxes paid	24.9	31.9	26.1	30.9	22	54.7	26.6	48.6	70.4	59.4

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to August 1, 2026; growth uses fiscal years. Valuation uses the share price of $84.25 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	41.6%	Gross profit / revenue.
Operating margin	12.3%	Operating income / revenue.
EBITDA margin	13.8%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	13.0%	Pre-tax income / revenue.
Net margin	9.8%	Net income / revenue.
FCF margin	8.0%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	12.2%	Cash from operations / revenue.
Effective tax rate	24.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	14.4%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	9.0%	Net income / average total assets.
Return on invested capital (ROIC)	14.5%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	27.0%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.5%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	4.2%	Capital expenditures / revenue.
D&A / revenue	1.6%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	16.6%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	13.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	7.9%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	17.3%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	17.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	8.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	19.3%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	31.5%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	1.4%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	20.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	30.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	3.3%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	20.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	32.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-0.2%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	20.4%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	33.4%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	1.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	30.4%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	37.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-3.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	82.1%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	45.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-10.1%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	11.4%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	11.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	7.2%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	15.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	13.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	8.1%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.23x	Current assets / current liabilities.
Quick ratio	0.31x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.29x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.00x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	0.1%	Total debt / total assets.
Liabilities / assets	37.4%	Total liabilities / total assets.
Net debt	-$118.5M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	-0.31x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$505.3M	Current assets - current liabilities.
Goodwill and intangibles / assets	22.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	$1.22B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.92x	Revenue / average total assets.
Fixed asset turnover	6.66x	Revenue / average property, plant and equipment.
Inventory turnover	2.31x	Cost of revenue / average inventory.
Days inventory	158 days	365 x average inventory / cost of revenue.
Receivables turnover	358x	Revenue / average receivables.
Days sales outstanding	1 days	365 x average receivables / revenue.
Days payables	43 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	116 days	Days inventory + days sales outstanding - days payables.
FCF conversion	81.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	34.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$4.54	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$46.37	Revenue / diluted weighted shares.
FCF per share	$3.71	Free cash flow / diluted weighted shares.
Operating cash flow per share	$5.66	Cash from operations / diluted weighted shares.
Book value per share	$31.47	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$20.26	Tangible book value / shares outstanding.
Cash per share	$2.00	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	81.8%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$5.09B	Share price x shares outstanding.
Enterprise value	$4.97B	Market cap + total debt - cash - short-term investments.
P/E	18.6x	Market cap / net income. Only when net income is positive.
P/S	1.82x	Market cap / revenue.
P/B	2.69x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	4.17x	Market cap / tangible book value, when positive.
P/FCF	22.8x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	14.9x	Market cap / cash from operations, when positive.
EV/Sales	1.78x	Enterprise value / revenue.
EV/EBIT	14.5x	Enterprise value / operating income, when both are positive.
EV/EBITDA	12.9x	Enterprise value / EBITDA, when both are positive.
EV/FCF	22.3x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.4%	Free cash flow / market cap.
Earnings yield	5.4%	Net income / market cap (the inverse of P/E).
Shareholder yield	3.6%	(Dividends paid + share buybacks) / market cap.
PEG	0.56x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was Ollie's Bargain Outlet Holdings, Inc.'s revenue in fiscal 2025?

Ollie's Bargain Outlet Holdings, Inc. reported revenue of $2.65B for fiscal 2025, 16.6% higher than the year before.

Was Ollie's Bargain Outlet Holdings, Inc. profitable in fiscal 2025?

Yes. Net income was $240.6M, a net margin of 9.1%.

How much free cash flow did Ollie's Bargain Outlet Holdings, Inc. generate in fiscal 2025?

Cash from operations of $296.5M minus capital expenditures of $101.9M left free cash flow of $194.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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