Torrid Holdings Inc. (CURV) 10-Year Financial Performance & Capital Metrics

CURV • • Industrial / General

Consumer CyclicalApparel RetailSpecialty & Niche Apparel RetailersPlus-Size & Big & Tall Specialists

AboutTorrid Holdings Inc. operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products. The company sells its products directly to consumers through its e-commerce platform and its physical stores. As of January 29, 2022, it operated 624 stores in 50 U.S. states, Puerto Rico, and Canada. Torrid Holdings Inc. was incorporated in 2019 and is headquartered in City of Industry, California.Show more

Revenue $1.1B -4.2%
EBITDA $57M -36.9%
Net Income $16M +40.4%
EPS (Diluted) 0.15 +36.4%
Gross Margin 37.46% +6.3%
EBITDA Margin 5.18% -34.1%
Operating Margin 5.18% +4.5%
Net Margin 1.48% +46.6%
ROE -
ROIC 16.67% +15.0%
Debt/Equity -
Interest Coverage 1.61 +10.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Efficient asset utilization: 2.3x turnover

✗Weaknesses

✗Profits declining 17.2% over 5 years
✗Weak momentum: RS Rating 8 (bottom 8%)
✗Thin 5Y average net margin of 1.3%
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y1.26%

3Y-4.79%

TTM-7.33%

Profit (Net Income) CAGR

10Y-

5Y-17.18%

3Y-

TTM-112.52%

EPS CAGR

10Y-

5Y-16.96%

3Y-

TTM-111.28%

ROCE

10Y Avg24.86%

5Y Avg22.34%

3Y Avg28.17%

Latest24.34%

Peer Comparison

Plus-Size & Big & Tall Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSCOVictoria's Secret & Co.	4.86B	60.60	29.71	0.78%	2.67%	24.77%	5.08%	4.06
DXLGDestination XL Group, Inc.	48.64M	0.89	17.80	-10.5%	-1.73%	-5.57%	3.82%	1.31
CURVTorrid Holdings Inc.	130.94M	1.32	8.80	-4.18%	-0.18%		48.11%
JILLJ.Jill, Inc.	255.15M	16.88	6.47	1.02%	5.6%	26.08%	19.9%	1.97

Profit & Loss

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	804.29M	909.15M	1.04B	973.51M	1.28B	1.29B	1.15B	1.1B
Revenue Growth %	-	0.13%	0.14%	-0.06%	0.31%	0.01%	-0.11%	-0.04%
Cost of Goods Sold+	506M	586.12M	640.91M	643.22M	759.83M	828.61M	745.97M	690.27M
COGS % of Revenue	0.63%	0.64%	0.62%	0.66%	0.59%	0.64%	0.65%	0.63%
Gross Profit+	298.3M	323.03M	396.07M	330.3M	518.97M	459.54M	405.98M	413.47M
Gross Margin %	0.37%	0.36%	0.38%	0.34%	0.41%	0.36%	0.35%	0.37%
Gross Profit Growth %	-	0.08%	0.23%	-0.17%	0.57%	-0.11%	-0.12%	0.02%
Operating Expenses+	277.89M	219.3M	319.08M	273.48M	473.59M	357.91M	348.83M	356.26M
OpEx % of Revenue	0.35%	0.24%	0.31%	0.28%	0.37%	0.28%	0.3%	0.32%
Selling, General & Admin	277.19M	219.3M	319.08M	273.48M	473.59M	357.91M	347.33M	356.26M
SG&A % of Revenue	0.34%	0.24%	0.31%	0.28%	0.37%	0.28%	0.3%	0.32%
Research & Development	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	1.5M	0
Operating Income+	21.11M	103.72M	76.99M	56.82M	45.38M	101.63M	57.15M	57.21M
Operating Margin %	0.03%	0.11%	0.07%	0.06%	0.04%	0.08%	0.05%	0.05%
Operating Income Growth %	-	3.91%	-0.26%	-0.26%	-0.2%	1.24%	-0.44%	0%
EBITDA+	42.99M	130.7M	148.59M	131.72M	123.78M	181.06M	90.55M	57.18M
EBITDA Margin %	0.05%	0.14%	0.14%	0.14%	0.1%	0.14%	0.08%	0.05%
EBITDA Growth %	-	2.04%	0.14%	-0.11%	-0.06%	0.46%	-0.5%	-0.37%
D&A (Non-Cash Add-back)	21.89M	26.98M	71.6M	74.89M	78.4M	79.43M	33.4M	-28K
EBIT	21.11M	103.72M	76.99M	56.82M	45.38M	101.63M	57.24M	57.24M
Net Interest Income+	0	-968K	-16.29M	-21.3M	-29.55M	-29.94M	-39.11M	-35.6M
Interest Income	362K	85K	202K	42K	0	0	90K	28K
Interest Expense	0	1.05M	16.49M	21.34M	29.55M	29.94M	39.2M	35.63M
Other Income/Expense	-1.06M	-968K	-16.29M	-21.3M	-29.55M	-29.94M	-39.11M	-35.6M
Pretax Income+	20.05M	102.75M	60.7M	35.53M	15.83M	71.68M	18.04M	21.6M
Pretax Margin %	0.02%	0.11%	0.06%	0.04%	0.01%	0.06%	0.02%	0.02%
Income Tax+	19.21M	16.04M	18.83M	10.99M	45.77M	21.47M	6.42M	5.29M
Effective Tax Rate %	0.04%	0.84%	0.69%	0.69%	-1.89%	0.7%	0.64%	0.76%
Net Income+	835K	86.71M	41.87M	24.53M	-29.94M	50.21M	11.62M	16.32M
Net Margin %	0%	0.1%	0.04%	0.03%	-0.02%	0.04%	0.01%	0.01%
Net Income Growth %	-	102.85%	-0.52%	-0.41%	-2.22%	2.68%	-0.77%	0.4%
Net Income (Continuing)	835K	86.71M	41.87M	24.53M	-29.94M	50.21M	11.62M	16.32M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.01	0.79	0.38	0.22	-0.27	0.48	0.11	0.15
EPS Growth %	-	-	-0.52%	-0.42%	-2.23%	2.78%	-0.77%	0.36%
EPS (Basic)	0.01	0.79	0.38	0.22	-0.27	0.48	0.11	0.16
Diluted Shares Outstanding	110M	110M	110M	110M	109.89M	104.49M	104.4M	105.68M
Basic Shares Outstanding	110M	110M	110M	110M	109.89M	104.34M	105.63M	104.56M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Total Current Assets+	155.58M	136.15M	164.01M	242.14M	220.93M	216.12M	179.12M	226.17M
Cash & Short-Term Investments	7.53M	9.18M	28.8M	122.95M	29.02M	13.57M	11.73M	48.52M
Cash Only	7.53M	9.18M	28.8M	122.95M	29.02M	13.57M	11.73M	48.52M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	2.81M
Days Sales Outstanding	-	-	-	-	-	-	-	0.93
Inventory	125.53M	106.22M	119.7M	105.84M	170.61M	180.06M	142.2M	148.49M
Days Inventory Outstanding	90.55	66.15	68.17	60.06	81.96	79.31	69.58	78.52
Other Current Assets	13.26M	10.28M	12.75M	8.81M	11.85M	7.74M	11.34M	5.23M
Total Non-Current Assets+	170.97M	181.11M	471.98M	406.07M	357.57M	311.14M	297.82M	262.27M
Property, Plant & Equipment	159.48M	168.95M	456.86M	387.97M	337.2M	290.79M	265.96M	218.32M
Fixed Asset Turnover	5.04x	5.38x	2.27x	2.51x	3.79x	4.43x	4.33x	5.06x
Goodwill	0	0	0	0	0	0	0	0
Intangible Assets	9.03M	8.9M	8.4M	8.4M	8.4M	8.4M	8.4M	8.4M
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	2.46M	3.26M	6.72M	3.56M	7.1M	8.65M	14.78M	18.93M
Total Assets+	326.55M	317.26M	635.99M	648.21M	578.5M	527.26M	476.95M	488.44M
Asset Turnover	2.46x	2.87x	1.63x	1.50x	2.21x	2.44x	2.42x	2.26x
Asset Growth %	-	-0.03%	1%	0.02%	-0.11%	-0.09%	-0.1%	0.02%
Total Current Liabilities+	119.97M	130.73M	186.58M	261.11M	297.01M	267.33M	232.11M	263.13M
Accounts Payable	25.69M	29.69M	35.95M	70.85M	77.45M	76.21M	46.18M	72.38M
Days Payables Outstanding	18.53	18.49	20.47	40.21	37.2	33.57	22.6	38.27
Short-Term Debt	12.34M	15.48M	9.03M	11.51M	20.52M	24.52M	23.41M	16.14M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	33.65M	42.46M	13.79M	14.47M	10.25M	10.95M	11.3M	10.33M
Current Ratio	1.30x	1.04x	0.88x	0.93x	0.74x	0.81x	0.77x	0.86x
Quick Ratio	0.25x	0.23x	0.24x	0.52x	0.17x	0.13x	0.16x	0.30x
Cash Conversion Cycle	-	-	-	-	-	-	-	41.18
Total Non-Current Liabilities+	68.76M	0	544.9M	450.27M	539.81M	490.16M	456.56M	416.4M
Long-Term Debt	15.31M	0	240.39M	193.41M	320.84M	304.7M	288.55M	272.41M
Capital Lease Obligations	0	0	297.64M	247.88M	208.1M	173.2M	156.56M	134.75M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	53.45M	0	6.87M	8.98M	10.86M	12.26M	11.45M	9.24M
Total Liabilities	188.73M	130.73M	731.49M	711.38M	836.82M	757.49M	688.66M	679.53M
Total Debt+	27.65M	15.48M	585.46M	503.79M	595.18M	547.43M	511.28M	466.63M
Net Debt	20.12M	6.3M	556.65M	380.84M	566.15M	533.86M	499.55M	418.1M
Debt / Equity	0.20x	0.12x	-	-	-	-	-	-
Debt / EBITDA	0.64x	0.12x	3.94x	3.82x	4.81x	3.02x	5.65x	8.16x
Net Debt / EBITDA	0.47x	0.05x	3.75x	2.89x	4.57x	2.95x	5.52x	7.31x
Interest Coverage	-	98.50x	4.67x	2.66x	1.54x	3.39x	1.46x	1.61x
Total Equity+	137.82M	126.42M	-95.5M	-63.17M	-258.32M	-230.22M	-211.72M	-191.09M
Equity Growth %	-	-0.08%	-1.76%	0.34%	-3.09%	0.11%	0.08%	0.1%
Book Value per Share	1.25	1.15	-0.87	-0.57	-2.35	-2.20	-2.03	-1.81
Total Shareholders' Equity	137.82M	126.42M	-95.5M	-63.17M	-258.32M	-230.22M	-211.72M	-191.09M
Common Stock	0	0	0	1.1M	1.08M	1.04M	1.04M	1.05M
Retained Earnings	-227.61M	-139.89M	-98.02M	-74.59M	-377.76M	-359.21M	-347.59M	-331.27M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	153K	19K	-10K	-8K	76K	-261K	-313K	-898K
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Cash from Operations+	48.35M	115.09M	99.09M	151.82M	121.22M	53.31M	42.77M	77.39M
Operating CF Margin %	0.06%	0.13%	0.1%	0.16%	0.09%	0.04%	0.04%	0.07%
Operating CF Growth %	-	1.38%	-0.14%	0.53%	-0.2%	-0.56%	-0.2%	0.81%
Net Income	835K	86.71M	41.87M	24.54M	-29.94M	50.21M	11.62M	16.32M
Depreciation & Amortization	21.89M	26.98M	71.6M	74.89M	78.4M	79.43M	79.37M	77.81M
Stock-Based Compensation	41.19M	-38.31M	11.99M	7.79M	159.75M	9.98M	8.04M	7.63M
Deferred Taxes	0	3.36M	-4.66M	-2.33M	1.27M	1.86M	-5.67M	-7.94M
Other Non-Cash Items	14.67M	8.76M	2.8M	4.87M	5.47M	1.09M	-25.96M	687K
Working Capital Changes	-30.23M	27.59M	-24.51M	42.05M	-93.72M	-89.26M	-24.63M	-17.12M
Change in Receivables	0	13.06M	-13.48M	-5M	0	0	0	0
Change in Inventory	-27.16M	9.69M	-17.41M	7.88M	-65.71M	-12.03M	33.18M	-7.62M
Change in Payables	0	4.54M	5.31M	37.85M	5.64M	-1.24M	-30.29M	27M
Cash from Investing+	-54.12M	-40.51M	-56.12M	-11.57M	-17.55M	-23.37M	-26M	-14.39M
Capital Expenditures	-54.12M	-40.51M	-26.33M	-11.57M	-17.55M	-23.37M	-26M	-14.39M
CapEx % of Revenue	0.07%	0.04%	0.03%	0.01%	0.01%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	0	0	-29.79M	0	0	0	0	0
Cash from Financing+	3.73M	-72.84M	-23.34M	-45.92M	-197.81M	-45.12M	-18.52M	-24.5M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-300M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	4.98M	0	0	0	299.88M	746K	-1.42M	-774K
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-5.77M	74.58M	72.76M	140.25M	103.67M	29.94M	16.77M	63M
FCF Margin %	-0.01%	0.08%	0.07%	0.14%	0.08%	0.02%	0.01%	0.06%
FCF Growth %	-	13.93%	-0.02%	0.93%	-0.26%	-0.71%	-0.44%	2.76%
FCF per Share	-0.05	0.68	0.66	1.28	0.94	0.29	0.16	0.60
FCF Conversion (FCF/Net Income)	57.90x	1.33x	2.37x	6.19x	-4.05x	1.06x	3.68x	4.74x
Interest Paid	0	851K	10.61M	21.26M	24.12M	29.56M	0	35.08M
Taxes Paid	0	8.09M	22.41M	3.92M	58.13M	15.6M	0	17.77M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	0.61%	65.63%	270.79%	-	-	-	-	-
Return on Invested Capital (ROIC)	10.02%	53.53%	19.45%	10.94%	10.88%	24.93%	14.49%	16.67%
Gross Margin	37.09%	35.53%	38.19%	33.93%	40.58%	35.67%	35.24%	37.46%
Net Margin	0.1%	9.54%	4.04%	2.52%	-2.34%	3.9%	1.01%	1.48%
Debt / Equity	0.20x	0.12x	-	-	-	-	-	-
Interest Coverage	-	98.50x	4.67x	2.66x	1.54x	3.39x	1.46x	1.61x
FCF Conversion	57.90x	1.33x	2.37x	6.19x	-4.05x	1.06x	3.68x	4.74x
Revenue Growth	-	13.04%	14.06%	-6.12%	31.36%	0.73%	-10.57%	-4.18%

Revenue by Segment

	2021	2022	2023	2024
Apparel	-	1.12B	1.02B	989.24M
Apparel Growth	-	-	-8.47%	-3.44%
Non-apparel	-	134.8M	93.46M	82.53M
Non-apparel Growth	-	-	-30.67%	-11.70%
Other Products And Services	-	-	-	31.97M
Other Products And Services Growth	-	-	-	-
Other	-	34.01M	33.98M	-
Other Growth	-	-	-0.08%	-
Loyalty Program	10.9M	-	-	-
Loyalty Program Growth	-	-	-	-
Gift Cards	1.1M	-	-	-
Gift Cards Growth	-	-	-	-

Frequently Asked Questions

Valuation & Price

Torrid Holdings Inc. (CURV) has a price-to-earnings (P/E) ratio of 8.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Torrid Holdings Inc. (CURV) reported $1.04B in revenue for fiscal year 2024. This represents a 29% increase from $804.3M in 2017.

Torrid Holdings Inc. (CURV) saw revenue decline by 4.2% over the past year.

Torrid Holdings Inc. (CURV) reported a net loss of $1.9M for fiscal year 2024.

Dividend & Returns

Torrid Holdings Inc. (CURV) had negative free cash flow of $2.3M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Torrid Holdings Inc. (CURV) 10-Year Financial Performance & Capital Metrics

CURV • • Industrial / General

Consumer CyclicalApparel RetailSpecialty & Niche Apparel RetailersPlus-Size & Big & Tall Specialists

Revenue $1.1B -4.2%
EBITDA $57M -36.9%
Net Income $16M +40.4%
EPS (Diluted) 0.15 +36.4%
Gross Margin 37.46% +6.3%
EBITDA Margin 5.18% -34.1%
Operating Margin 5.18% +4.5%
Net Margin 1.48% +46.6%
ROE -
ROIC 16.67% +15.0%
Debt/Equity -
Interest Coverage 1.61 +10.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Efficient asset utilization: 2.3x turnover

✗Weaknesses

✗Profits declining 17.2% over 5 years
✗Weak momentum: RS Rating 8 (bottom 8%)
✗Thin 5Y average net margin of 1.3%
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y1.26%

3Y-4.79%

TTM-7.33%

Profit (Net Income) CAGR

10Y-

5Y-17.18%

3Y-

TTM-112.52%

EPS CAGR

10Y-

5Y-16.96%

3Y-

TTM-111.28%

ROCE

10Y Avg24.86%

5Y Avg22.34%

3Y Avg28.17%

Latest24.34%

Peer Comparison

Plus-Size & Big & Tall Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSCOVictoria's Secret & Co.	4.86B	60.60	29.71	0.78%	2.67%	24.77%	5.08%	4.06
DXLGDestination XL Group, Inc.	48.64M	0.89	17.80	-10.5%	-1.73%	-5.57%	3.82%	1.31
CURVTorrid Holdings Inc.	130.94M	1.32	8.80	-4.18%	-0.18%		48.11%
JILLJ.Jill, Inc.	255.15M	16.88	6.47	1.02%	5.6%	26.08%	19.9%	1.97

Profit & Loss

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	804.29M	909.15M	1.04B	973.51M	1.28B	1.29B	1.15B	1.1B
Revenue Growth %	-	0.13%	0.14%	-0.06%	0.31%	0.01%	-0.11%	-0.04%
Cost of Goods Sold+	506M	586.12M	640.91M	643.22M	759.83M	828.61M	745.97M	690.27M
COGS % of Revenue	0.63%	0.64%	0.62%	0.66%	0.59%	0.64%	0.65%	0.63%
Gross Profit+	298.3M	323.03M	396.07M	330.3M	518.97M	459.54M	405.98M	413.47M
Gross Margin %	0.37%	0.36%	0.38%	0.34%	0.41%	0.36%	0.35%	0.37%
Gross Profit Growth %	-	0.08%	0.23%	-0.17%	0.57%	-0.11%	-0.12%	0.02%
Operating Expenses+	277.89M	219.3M	319.08M	273.48M	473.59M	357.91M	348.83M	356.26M
OpEx % of Revenue	0.35%	0.24%	0.31%	0.28%	0.37%	0.28%	0.3%	0.32%
Selling, General & Admin	277.19M	219.3M	319.08M	273.48M	473.59M	357.91M	347.33M	356.26M
SG&A % of Revenue	0.34%	0.24%	0.31%	0.28%	0.37%	0.28%	0.3%	0.32%
Research & Development	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	1.5M	0
Operating Income+	21.11M	103.72M	76.99M	56.82M	45.38M	101.63M	57.15M	57.21M
Operating Margin %	0.03%	0.11%	0.07%	0.06%	0.04%	0.08%	0.05%	0.05%
Operating Income Growth %	-	3.91%	-0.26%	-0.26%	-0.2%	1.24%	-0.44%	0%
EBITDA+	42.99M	130.7M	148.59M	131.72M	123.78M	181.06M	90.55M	57.18M
EBITDA Margin %	0.05%	0.14%	0.14%	0.14%	0.1%	0.14%	0.08%	0.05%
EBITDA Growth %	-	2.04%	0.14%	-0.11%	-0.06%	0.46%	-0.5%	-0.37%
D&A (Non-Cash Add-back)	21.89M	26.98M	71.6M	74.89M	78.4M	79.43M	33.4M	-28K
EBIT	21.11M	103.72M	76.99M	56.82M	45.38M	101.63M	57.24M	57.24M
Net Interest Income+	0	-968K	-16.29M	-21.3M	-29.55M	-29.94M	-39.11M	-35.6M
Interest Income	362K	85K	202K	42K	0	0	90K	28K
Interest Expense	0	1.05M	16.49M	21.34M	29.55M	29.94M	39.2M	35.63M
Other Income/Expense	-1.06M	-968K	-16.29M	-21.3M	-29.55M	-29.94M	-39.11M	-35.6M
Pretax Income+	20.05M	102.75M	60.7M	35.53M	15.83M	71.68M	18.04M	21.6M
Pretax Margin %	0.02%	0.11%	0.06%	0.04%	0.01%	0.06%	0.02%	0.02%
Income Tax+	19.21M	16.04M	18.83M	10.99M	45.77M	21.47M	6.42M	5.29M
Effective Tax Rate %	0.04%	0.84%	0.69%	0.69%	-1.89%	0.7%	0.64%	0.76%
Net Income+	835K	86.71M	41.87M	24.53M	-29.94M	50.21M	11.62M	16.32M
Net Margin %	0%	0.1%	0.04%	0.03%	-0.02%	0.04%	0.01%	0.01%
Net Income Growth %	-	102.85%	-0.52%	-0.41%	-2.22%	2.68%	-0.77%	0.4%
Net Income (Continuing)	835K	86.71M	41.87M	24.53M	-29.94M	50.21M	11.62M	16.32M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.01	0.79	0.38	0.22	-0.27	0.48	0.11	0.15
EPS Growth %	-	-	-0.52%	-0.42%	-2.23%	2.78%	-0.77%	0.36%
EPS (Basic)	0.01	0.79	0.38	0.22	-0.27	0.48	0.11	0.16
Diluted Shares Outstanding	110M	110M	110M	110M	109.89M	104.49M	104.4M	105.68M
Basic Shares Outstanding	110M	110M	110M	110M	109.89M	104.34M	105.63M	104.56M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Total Current Assets+	155.58M	136.15M	164.01M	242.14M	220.93M	216.12M	179.12M	226.17M
Cash & Short-Term Investments	7.53M	9.18M	28.8M	122.95M	29.02M	13.57M	11.73M	48.52M
Cash Only	7.53M	9.18M	28.8M	122.95M	29.02M	13.57M	11.73M	48.52M
Short-Term Investments	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	2.81M
Days Sales Outstanding	-	-	-	-	-	-	-	0.93
Inventory	125.53M	106.22M	119.7M	105.84M	170.61M	180.06M	142.2M	148.49M
Days Inventory Outstanding	90.55	66.15	68.17	60.06	81.96	79.31	69.58	78.52
Other Current Assets	13.26M	10.28M	12.75M	8.81M	11.85M	7.74M	11.34M	5.23M
Total Non-Current Assets+	170.97M	181.11M	471.98M	406.07M	357.57M	311.14M	297.82M	262.27M
Property, Plant & Equipment	159.48M	168.95M	456.86M	387.97M	337.2M	290.79M	265.96M	218.32M
Fixed Asset Turnover	5.04x	5.38x	2.27x	2.51x	3.79x	4.43x	4.33x	5.06x
Goodwill	0	0	0	0	0	0	0	0
Intangible Assets	9.03M	8.9M	8.4M	8.4M	8.4M	8.4M	8.4M	8.4M
Long-Term Investments	0	0	0	0	0	0	0	0
Other Non-Current Assets	2.46M	3.26M	6.72M	3.56M	7.1M	8.65M	14.78M	18.93M
Total Assets+	326.55M	317.26M	635.99M	648.21M	578.5M	527.26M	476.95M	488.44M
Asset Turnover	2.46x	2.87x	1.63x	1.50x	2.21x	2.44x	2.42x	2.26x
Asset Growth %	-	-0.03%	1%	0.02%	-0.11%	-0.09%	-0.1%	0.02%
Total Current Liabilities+	119.97M	130.73M	186.58M	261.11M	297.01M	267.33M	232.11M	263.13M
Accounts Payable	25.69M	29.69M	35.95M	70.85M	77.45M	76.21M	46.18M	72.38M
Days Payables Outstanding	18.53	18.49	20.47	40.21	37.2	33.57	22.6	38.27
Short-Term Debt	12.34M	15.48M	9.03M	11.51M	20.52M	24.52M	23.41M	16.14M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	33.65M	42.46M	13.79M	14.47M	10.25M	10.95M	11.3M	10.33M
Current Ratio	1.30x	1.04x	0.88x	0.93x	0.74x	0.81x	0.77x	0.86x
Quick Ratio	0.25x	0.23x	0.24x	0.52x	0.17x	0.13x	0.16x	0.30x
Cash Conversion Cycle	-	-	-	-	-	-	-	41.18
Total Non-Current Liabilities+	68.76M	0	544.9M	450.27M	539.81M	490.16M	456.56M	416.4M
Long-Term Debt	15.31M	0	240.39M	193.41M	320.84M	304.7M	288.55M	272.41M
Capital Lease Obligations	0	0	297.64M	247.88M	208.1M	173.2M	156.56M	134.75M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	53.45M	0	6.87M	8.98M	10.86M	12.26M	11.45M	9.24M
Total Liabilities	188.73M	130.73M	731.49M	711.38M	836.82M	757.49M	688.66M	679.53M
Total Debt+	27.65M	15.48M	585.46M	503.79M	595.18M	547.43M	511.28M	466.63M
Net Debt	20.12M	6.3M	556.65M	380.84M	566.15M	533.86M	499.55M	418.1M
Debt / Equity	0.20x	0.12x	-	-	-	-	-	-
Debt / EBITDA	0.64x	0.12x	3.94x	3.82x	4.81x	3.02x	5.65x	8.16x
Net Debt / EBITDA	0.47x	0.05x	3.75x	2.89x	4.57x	2.95x	5.52x	7.31x
Interest Coverage	-	98.50x	4.67x	2.66x	1.54x	3.39x	1.46x	1.61x
Total Equity+	137.82M	126.42M	-95.5M	-63.17M	-258.32M	-230.22M	-211.72M	-191.09M
Equity Growth %	-	-0.08%	-1.76%	0.34%	-3.09%	0.11%	0.08%	0.1%
Book Value per Share	1.25	1.15	-0.87	-0.57	-2.35	-2.20	-2.03	-1.81
Total Shareholders' Equity	137.82M	126.42M	-95.5M	-63.17M	-258.32M	-230.22M	-211.72M	-191.09M
Common Stock	0	0	0	1.1M	1.08M	1.04M	1.04M	1.05M
Retained Earnings	-227.61M	-139.89M	-98.02M	-74.59M	-377.76M	-359.21M	-347.59M	-331.27M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	153K	19K	-10K	-8K	76K	-261K	-313K	-898K
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Cash from Operations+	48.35M	115.09M	99.09M	151.82M	121.22M	53.31M	42.77M	77.39M
Operating CF Margin %	0.06%	0.13%	0.1%	0.16%	0.09%	0.04%	0.04%	0.07%
Operating CF Growth %	-	1.38%	-0.14%	0.53%	-0.2%	-0.56%	-0.2%	0.81%
Net Income	835K	86.71M	41.87M	24.54M	-29.94M	50.21M	11.62M	16.32M
Depreciation & Amortization	21.89M	26.98M	71.6M	74.89M	78.4M	79.43M	79.37M	77.81M
Stock-Based Compensation	41.19M	-38.31M	11.99M	7.79M	159.75M	9.98M	8.04M	7.63M
Deferred Taxes	0	3.36M	-4.66M	-2.33M	1.27M	1.86M	-5.67M	-7.94M
Other Non-Cash Items	14.67M	8.76M	2.8M	4.87M	5.47M	1.09M	-25.96M	687K
Working Capital Changes	-30.23M	27.59M	-24.51M	42.05M	-93.72M	-89.26M	-24.63M	-17.12M
Change in Receivables	0	13.06M	-13.48M	-5M	0	0	0	0
Change in Inventory	-27.16M	9.69M	-17.41M	7.88M	-65.71M	-12.03M	33.18M	-7.62M
Change in Payables	0	4.54M	5.31M	37.85M	5.64M	-1.24M	-30.29M	27M
Cash from Investing+	-54.12M	-40.51M	-56.12M	-11.57M	-17.55M	-23.37M	-26M	-14.39M
Capital Expenditures	-54.12M	-40.51M	-26.33M	-11.57M	-17.55M	-23.37M	-26M	-14.39M
CapEx % of Revenue	0.07%	0.04%	0.03%	0.01%	0.01%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	0	0	-29.79M	0	0	0	0	0
Cash from Financing+	3.73M	-72.84M	-23.34M	-45.92M	-197.81M	-45.12M	-18.52M	-24.5M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-300M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	4.98M	0	0	0	299.88M	746K	-1.42M	-774K
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-5.77M	74.58M	72.76M	140.25M	103.67M	29.94M	16.77M	63M
FCF Margin %	-0.01%	0.08%	0.07%	0.14%	0.08%	0.02%	0.01%	0.06%
FCF Growth %	-	13.93%	-0.02%	0.93%	-0.26%	-0.71%	-0.44%	2.76%
FCF per Share	-0.05	0.68	0.66	1.28	0.94	0.29	0.16	0.60
FCF Conversion (FCF/Net Income)	57.90x	1.33x	2.37x	6.19x	-4.05x	1.06x	3.68x	4.74x
Interest Paid	0	851K	10.61M	21.26M	24.12M	29.56M	0	35.08M
Taxes Paid	0	8.09M	22.41M	3.92M	58.13M	15.6M	0	17.77M

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	0.61%	65.63%	270.79%	-	-	-	-	-
Return on Invested Capital (ROIC)	10.02%	53.53%	19.45%	10.94%	10.88%	24.93%	14.49%	16.67%
Gross Margin	37.09%	35.53%	38.19%	33.93%	40.58%	35.67%	35.24%	37.46%
Net Margin	0.1%	9.54%	4.04%	2.52%	-2.34%	3.9%	1.01%	1.48%
Debt / Equity	0.20x	0.12x	-	-	-	-	-	-
Interest Coverage	-	98.50x	4.67x	2.66x	1.54x	3.39x	1.46x	1.61x
FCF Conversion	57.90x	1.33x	2.37x	6.19x	-4.05x	1.06x	3.68x	4.74x
Revenue Growth	-	13.04%	14.06%	-6.12%	31.36%	0.73%	-10.57%	-4.18%

Revenue by Segment

	2021	2022	2023	2024
Apparel	-	1.12B	1.02B	989.24M
Apparel Growth	-	-	-8.47%	-3.44%
Non-apparel	-	134.8M	93.46M	82.53M
Non-apparel Growth	-	-	-30.67%	-11.70%
Other Products And Services	-	-	-	31.97M
Other Products And Services Growth	-	-	-	-
Other	-	34.01M	33.98M	-
Other Growth	-	-	-0.08%	-
Loyalty Program	10.9M	-	-	-
Loyalty Program Growth	-	-	-	-
Gift Cards	1.1M	-	-	-
Gift Cards Growth	-	-	-	-

Frequently Asked Questions

Valuation & Price

Torrid Holdings Inc. (CURV) has a price-to-earnings (P/E) ratio of 8.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Torrid Holdings Inc. (CURV) reported $1.04B in revenue for fiscal year 2024. This represents a 29% increase from $804.3M in 2017.

Torrid Holdings Inc. (CURV) saw revenue decline by 4.2% over the past year.

Torrid Holdings Inc. (CURV) reported a net loss of $1.9M for fiscal year 2024.

Dividend & Returns

Torrid Holdings Inc. (CURV) had negative free cash flow of $2.3M in fiscal year 2024, likely due to heavy capital investments.