Revolve Group, Inc. (RVLV) 10-Year Financial Performance & Capital Metrics

RVLV • • Industrial / General

Consumer CyclicalSpecialty RetailSpecialty Apparel & AccessoriesFashion E-commerce Brands

AboutRevolve Group, Inc. operates as an online fashion retailer for consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands. The company offers women's apparel, footwear, accessories, and beauty styles under established and emerging brands, as well as owned brands. It also provides various luxury brands. The company was formerly known as Advance Holdings, LLC and changed its name to Revolve Group, Inc. in October 2018. Revolve Group, Inc. was founded in 2003 and is headquartered in Cerritos, California.Show more

Revenue $1.13B +5.7%
EBITDA $57M +107.8%
Net Income $50M +76.1%
EPS (Diluted) 0.69 +81.6%
Gross Margin 52.51% +1.3%
EBITDA Margin 5.01% +96.6%
Operating Margin 4.55% +119.7%
Net Margin 4.39% +66.5%
ROE 12.04% +63.6%
ROIC 19.16% +102.0%
Debt/Equity 0.09 -12.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 86 (top 14%)
✓Strong 5Y sales CAGR of 13.5%
✓Share count reduced 2.6% through buybacks
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y13.46%

3Y8.22%

TTM9.24%

Profit (Net Income) CAGR

10Y-

5Y6.8%

3Y-20.82%

TTM36.3%

EPS CAGR

10Y-

5Y-

3Y-19.85%

TTM35.71%

ROCE

10Y Avg31.62%

5Y Avg22.95%

3Y Avg12.45%

Latest11.57%

Peer Comparison

Fashion E-commerce Brands

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LELands' End, Inc.	485.15M	15.88	79.40	-7.44%	0.46%	2.66%	3.17%	1.10
RVLVRevolve Group, Inc.	1.25B	30.93	44.83	5.73%	4.64%	11.32%	1.68%	0.09
MOGUMOGU Inc.	14.68M	2.05	-0.29	-11.92%	-44.29%	-11.65%		0.00
AKAa.k.a. Brands Holding Corp.	126.73M	11.80	-4.80	5.21%	-4.42%	-23.88%		1.56

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	312.08M	399.6M	498.74M	600.99M	580.65M	891.39M	1.1B	1.07B	1.13B
Revenue Growth %	-	0.28%	0.25%	0.21%	-0.03%	0.54%	0.24%	-0.03%	0.06%
Cost of Goods Sold+	168.77M	205.91M	233.43M	279.04M	275.37M	401.57M	509.09M	514.52M	536.64M
COGS % of Revenue	0.54%	0.52%	0.47%	0.46%	0.47%	0.45%	0.46%	0.48%	0.47%
Gross Profit+	143.31M	193.69M	265.31M	321.95M	305.28M	489.82M	592.32M	554.2M	593.27M
Gross Margin %	0.46%	0.48%	0.53%	0.54%	0.53%	0.55%	0.54%	0.52%	0.53%
Gross Profit Growth %	-	0.35%	0.37%	0.21%	-0.05%	0.6%	0.21%	-0.06%	0.07%
Operating Expenses+	137.77M	173.17M	223.51M	273.86M	244.21M	384.53M	519.18M	532.07M	541.86M
OpEx % of Revenue	0.44%	0.43%	0.45%	0.46%	0.42%	0.43%	0.47%	0.5%	0.48%
Selling, General & Admin	137.77M	173.17M	223.51M	254.44M	227.74M	363.21M	487.38M	495.41M	504.47M
SG&A % of Revenue	0.44%	0.43%	0.45%	0.42%	0.39%	0.41%	0.44%	0.46%	0.45%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	-1.43M	-631K	19.41M	16.47M	21.32M	31.8M	36.65M	37.39M
Operating Income+	5.54M	20.52M	41.8M	48.1M	61.07M	105.29M	73.14M	22.13M	51.42M
Operating Margin %	0.02%	0.05%	0.08%	0.08%	0.11%	0.12%	0.07%	0.02%	0.05%
Operating Income Growth %	-	2.7%	1.04%	0.15%	0.27%	0.72%	-0.31%	-0.7%	1.32%
EBITDA+	7.91M	23.37M	44.66M	52.05M	65.89M	109.8M	77.93M	27.23M	56.58M
EBITDA Margin %	0.03%	0.06%	0.09%	0.09%	0.11%	0.12%	0.07%	0.03%	0.05%
EBITDA Growth %	-	1.96%	0.91%	0.17%	0.27%	0.67%	-0.29%	-0.65%	1.08%
D&A (Non-Cash Add-back)	2.37M	2.85M	2.87M	3.95M	4.83M	4.51M	4.79M	5.09M	5.17M
EBIT	4.65M	19.09M	41.17M	48.1M	61.07M	105.29M	73.14M	22.13M	51.42M
Net Interest Income+	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0
Other Income/Expense	-895K	-1.43M	-631K	-931K	-994K	-563K	3.48M	15.63M	13.03M
Pretax Income+	4.65M	19.09M	41.17M	47.17M	60.07M	104.73M	76.62M	37.76M	64.45M
Pretax Margin %	0.01%	0.05%	0.08%	0.08%	0.1%	0.12%	0.07%	0.04%	0.06%
Income Tax+	2.45M	14.09M	10.53M	11.5M	3.28M	4.89M	17.92M	9.61M	15.68M
Effective Tax Rate %	0.52%	0.28%	0.75%	0.76%	0.95%	0.95%	0.77%	0.75%	0.77%
Net Income+	2.4M	5.35M	30.68M	35.67M	56.79M	99.84M	58.7M	28.15M	49.56M
Net Margin %	0.01%	0.01%	0.06%	0.06%	0.1%	0.11%	0.05%	0.03%	0.04%
Net Income Growth %	-	1.23%	4.74%	0.16%	0.59%	0.76%	-0.41%	-0.52%	0.76%
Net Income (Continuing)	2.2M	5M	30.64M	35.67M	56.79M	99.84M	58.7M	28.15M	48.77M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	-276K	-623K	0	0	0	0	0	0	-403K
EPS (Diluted)+	0.05	0.08	0.43	-0.09	0.79	1.34	0.79	0.38	0.69
EPS Growth %	-	0.38%	4.7%	-1.21%	9.78%	0.7%	-0.41%	-0.52%	0.82%
EPS (Basic)	0.05	0.08	0.45	-0.09	0.81	1.38	0.80	0.39	0.70
Diluted Shares Outstanding	43.91M	70.78M	70.78M	57.29M	72.06M	74.55M	74.52M	73.58M	71.68M
Basic Shares Outstanding	43.91M	67.89M	67.89M	57.29M	69.77M	72.51M	73.31M	72.96M	70.85M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	93.43M	105.52M	139.15M	199.34M	276.93M	439.84M	518.22M	528.59M	561.09M
Cash & Short-Term Investments	11.46M	10.59M	16.37M	65.42M	146.01M	218.46M	234.72M	245.45M	256.6M
Cash Only	11.46M	10.59M	16.37M	65.42M	146.01M	218.46M	234.72M	245.45M	256.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	6.52M	9.41M	5.34M	5.51M	15.31M	8.01M	8.39M	14.03M	11.53M
Days Sales Outstanding	7.63	8.59	3.91	3.35	9.62	3.28	2.78	4.79	3.73
Inventory	72.53M	76.17M	102.22M	104.26M	95.27M	171.26M	215.22M	203.59M	229.24M
Days Inventory Outstanding	156.86	135.03	159.83	136.37	126.28	155.66	154.31	144.42	155.92
Other Current Assets	1.44M	3.1M	6.65M	16.92M	13.68M	29.05M	49.05M	53.1M	48.04M
Total Non-Current Assets+	22.66M	18.46M	22.92M	32.95M	28.83M	40.57M	61.1M	80.3M	104.46M
Property, Plant & Equipment	5.67M	5.4M	5.91M	13.52M	11.21M	15.51M	31.9M	44.2M	45.2M
Fixed Asset Turnover	55.00x	73.94x	84.43x	44.46x	51.79x	57.46x	34.53x	24.18x	25.00x
Goodwill	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M
Intangible Assets	1.21M	889K	564K	1.46M	1.26M	1.21M	1.6M	1.88M	2.29M
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	201K	214K	731K	642K	500K	2.75M	807K	2.17M	18.07M
Total Assets+	116.08M	123.98M	162.07M	232.29M	305.75M	480.41M	579.32M	608.89M	665.55M
Asset Turnover	2.69x	3.22x	3.08x	2.59x	1.90x	1.86x	1.90x	1.76x	1.70x
Asset Growth %	-	0.07%	0.31%	0.43%	0.32%	0.57%	0.21%	0.05%	0.09%
Total Current Liabilities+	74.01M	75.99M	82.26M	101.53M	105.69M	160.22M	181.09M	189.62M	196.1M
Accounts Payable	17.1M	17.85M	20.22M	29.81M	39.34M	54.34M	50.79M	47.82M	45.1M
Days Payables Outstanding	36.99	31.65	31.61	39	52.14	49.4	36.41	33.92	30.67
Short-Term Debt	30.19M	15.1M	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	1000K	1000K	1000K	0	0	0	0	0
Other Current Liabilities	22.8M	34.81M	54.86M	49.71M	41.42M	68.21M	85.96M	94.22M	103.41M
Current Ratio	1.26x	1.39x	1.69x	1.96x	2.62x	2.75x	2.86x	2.79x	2.86x
Quick Ratio	0.28x	0.39x	0.45x	0.94x	1.72x	1.68x	1.67x	1.71x	1.69x
Cash Conversion Cycle	127.5	111.97	132.12	100.72	83.77	109.55	120.68	115.29	128.97
Total Non-Current Liabilities+	0	0	0	0	0	3.18M	18.66M	34.13M	31.66M
Long-Term Debt	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	3.18M	18.66M	34.13M	31.66M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0
Total Liabilities	74.01M	75.99M	82.26M	101.53M	105.69M	163.4M	199.75M	223.75M	227.76M
Total Debt+	30.19M	15.1M	0	0	0	6.94M	24.5M	40.99M	40.73M
Net Debt	18.73M	4.51M	-16.37M	-65.42M	-146.01M	-211.51M	-210.22M	-204.46M	-215.87M
Debt / Equity	0.72x	0.31x	-	-	-	0.02x	0.06x	0.11x	0.09x
Debt / EBITDA	3.82x	0.65x	-	-	-	0.06x	0.31x	1.51x	0.72x
Net Debt / EBITDA	2.37x	0.19x	-0.37x	-1.26x	-2.22x	-1.93x	-2.70x	-7.51x	-3.82x
Interest Coverage	-	-	-	-	-	-	-	-	-
Total Equity+	42.08M	47.99M	79.82M	130.76M	200.06M	317.01M	379.57M	385.14M	437.79M
Equity Growth %	-	0.14%	0.66%	0.64%	0.53%	0.58%	0.2%	0.01%	0.14%
Book Value per Share	0.96	0.68	1.13	2.28	2.78	4.25	5.09	5.23	6.11
Total Shareholders' Equity	42.35M	48.61M	79.82M	130.76M	200.06M	317.01M	379.57M	385.14M	438.19M
Common Stock	1.24M	2.15M	3.55M	69K	71K	73K	74K	72K	72K
Retained Earnings	-1.24M	31.46M	61.27M	56.68M	113.95M	213.35M	269.16M	268.36M	305.07M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	26.12M	-6.91M	-9.44M	0	0	0	0	0	0
Minority Interest	-276K	-623K	0	0	0	0	0	0	-403K

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.49M	16.48M	26.66M	46.06M	73.77M	62.31M	23.44M	43.34M	26.69M
Operating CF Margin %	-0%	0.04%	0.05%	0.08%	0.13%	0.07%	0.02%	0.04%	0.02%
Operating CF Growth %	-	12.06%	0.62%	0.73%	0.6%	-0.16%	-0.62%	0.85%	-0.38%
Net Income	2.4M	5M	30.64M	35.67M	56.79M	99.84M	58.7M	28.15M	48.77M
Depreciation & Amortization	2.37M	2.85M	2.87M	3.95M	4.83M	4.51M	4.79M	5.09M	5.17M
Stock-Based Compensation	20K	911K	1.4M	2.07M	3.36M	4.79M	5.86M	5.84M	10.03M
Deferred Taxes	68K	3.63M	-3.77M	-1.61M	1.48M	-5.25M	-5.7M	-5.25M	-6.86M
Other Non-Cash Items	14.69M	15.41M	26.7M	56.99M	0	0	0	0	0
Working Capital Changes	-6.14M	4.09M	-4.48M	5.98M	7.32M	-41.58M	-40.22M	9.51M	-30.42M
Change in Receivables	-398K	489K	361K	586K	-9.8M	7.3M	-381K	-5.63M	2.07M
Change in Inventory	-11.91M	-7.01M	-26.05M	-15.62M	8.98M	-75.99M	-43.97M	11.64M	-24.79M
Change in Payables	2.17M	751K	2.37M	9.59M	9.52M	15.01M	-3.56M	-2.97M	-2.72M
Cash from Investing+	-3.03M	-2.26M	-3.04M	-12.46M	-2.32M	-2.19M	-5.17M	-4.2M	-9.11M
Capital Expenditures	-3.03M	-2.26M	-3.04M	-12.46M	-2.32M	-2.19M	-5.17M	-4.2M	-5.65M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.02%	0%	0%	0%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0
Cash from Financing+	5.14M	-15.09M	-17.62M	15.18M	8.66M	12.77M	887K	-30.38M	-5.36M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	5.14M	0	-2.52M	0	8.66M	12.77M	887K	536K	6.42M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.52M	14.22M	23.61M	33.6M	71.45M	60.12M	18.27M	39.14M	21.04M
FCF Margin %	-0.01%	0.04%	0.05%	0.06%	0.12%	0.07%	0.02%	0.04%	0.02%
FCF Growth %	-	4.15%	0.66%	0.42%	1.13%	-0.16%	-0.7%	1.14%	-0.46%
FCF per Share	-0.10	0.20	0.33	0.59	0.99	0.81	0.25	0.53	0.29
FCF Conversion (FCF/Net Income)	-0.62x	3.08x	0.87x	1.29x	1.30x	0.62x	0.40x	1.54x	0.54x
Interest Paid	0	668K	87K	0	342K	0	0	0	0
Taxes Paid	0	13.89M	9.67M	0	11.95M	3.01M	23.03M	12.99M	22.2M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.71%	11.87%	48.02%	33.87%	34.33%	38.62%	16.85%	7.36%	12.04%
Return on Invested Capital (ROIC)	6.83%	27.17%	54.07%	56.02%	76.72%	98.99%	39.92%	9.49%	19.16%
Gross Margin	45.92%	48.47%	53.2%	53.57%	52.58%	54.95%	53.78%	51.86%	52.51%
Net Margin	0.77%	1.34%	6.15%	5.93%	9.78%	11.2%	5.33%	2.63%	4.39%
Debt / Equity	0.72x	0.31x	-	-	-	0.02x	0.06x	0.11x	0.09x
FCF Conversion	-0.62x	3.08x	0.87x	1.29x	1.30x	0.62x	0.40x	1.54x	0.54x
Revenue Growth	-	28.04%	24.81%	20.5%	-3.39%	53.52%	23.56%	-2.97%	5.73%

Revenue by Segment

	2019	2020
Fashion Apparel	-	321.44M
Fashion Apparel Growth	-	-
Dresses	-	130.83M
Dresses Growth	-	-
Handbags Shoes And Accessories	-	95.21M
Handbags Shoes And Accessories Growth	-	-
Beauty	-	24.39M
Beauty Growth	-	-
Manufactured Product Other	-	8.77M
Manufactured Product Other Growth	-	-
Revolve	527.25M	-
Revolve Growth	-	-
Forward	73.74M	-
Forward Growth	-	-

Revenue by Geography

	2019	2020
UNITED STATES	502.88M	467.51M
UNITED STATES Growth	-	-7.03%
Rest Of The World	98.11M	113.13M
Rest Of The World Growth	-	15.31%

Frequently Asked Questions

Valuation & Price

Revolve Group, Inc. (RVLV) has a price-to-earnings (P/E) ratio of 44.8x. This suggests investors expect higher future growth.

Growth & Financials

Revolve Group, Inc. (RVLV) reported $1.20B in revenue for fiscal year 2024. This represents a 283% increase from $312.1M in 2016.

Revolve Group, Inc. (RVLV) grew revenue by 5.7% over the past year. This is steady growth.

Yes, Revolve Group, Inc. (RVLV) is profitable, generating $55.5M in net income for fiscal year 2024 (4.4% net margin).

Dividend & Returns

Revolve Group, Inc. (RVLV) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.

Revolve Group, Inc. (RVLV) generated $61.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Revolve Group, Inc. (RVLV) 10-Year Financial Performance & Capital Metrics

RVLV • • Industrial / General

Consumer CyclicalSpecialty RetailSpecialty Apparel & AccessoriesFashion E-commerce Brands

Revenue $1.13B +5.7%
EBITDA $57M +107.8%
Net Income $50M +76.1%
EPS (Diluted) 0.69 +81.6%
Gross Margin 52.51% +1.3%
EBITDA Margin 5.01% +96.6%
Operating Margin 4.55% +119.7%
Net Margin 4.39% +66.5%
ROE 12.04% +63.6%
ROIC 19.16% +102.0%
Debt/Equity 0.09 -12.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 86 (top 14%)
✓Strong 5Y sales CAGR of 13.5%
✓Share count reduced 2.6% through buybacks
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y13.46%

3Y8.22%

TTM9.24%

Profit (Net Income) CAGR

10Y-

5Y6.8%

3Y-20.82%

TTM36.3%

EPS CAGR

10Y-

5Y-

3Y-19.85%

TTM35.71%

ROCE

10Y Avg31.62%

5Y Avg22.95%

3Y Avg12.45%

Latest11.57%

Peer Comparison

Fashion E-commerce Brands

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LELands' End, Inc.	485.15M	15.88	79.40	-7.44%	0.46%	2.66%	3.17%	1.10
RVLVRevolve Group, Inc.	1.25B	30.93	44.83	5.73%	4.64%	11.32%	1.68%	0.09
MOGUMOGU Inc.	14.68M	2.05	-0.29	-11.92%	-44.29%	-11.65%		0.00
AKAa.k.a. Brands Holding Corp.	126.73M	11.80	-4.80	5.21%	-4.42%	-23.88%		1.56

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	312.08M	399.6M	498.74M	600.99M	580.65M	891.39M	1.1B	1.07B	1.13B
Revenue Growth %	-	0.28%	0.25%	0.21%	-0.03%	0.54%	0.24%	-0.03%	0.06%
Cost of Goods Sold+	168.77M	205.91M	233.43M	279.04M	275.37M	401.57M	509.09M	514.52M	536.64M
COGS % of Revenue	0.54%	0.52%	0.47%	0.46%	0.47%	0.45%	0.46%	0.48%	0.47%
Gross Profit+	143.31M	193.69M	265.31M	321.95M	305.28M	489.82M	592.32M	554.2M	593.27M
Gross Margin %	0.46%	0.48%	0.53%	0.54%	0.53%	0.55%	0.54%	0.52%	0.53%
Gross Profit Growth %	-	0.35%	0.37%	0.21%	-0.05%	0.6%	0.21%	-0.06%	0.07%
Operating Expenses+	137.77M	173.17M	223.51M	273.86M	244.21M	384.53M	519.18M	532.07M	541.86M
OpEx % of Revenue	0.44%	0.43%	0.45%	0.46%	0.42%	0.43%	0.47%	0.5%	0.48%
Selling, General & Admin	137.77M	173.17M	223.51M	254.44M	227.74M	363.21M	487.38M	495.41M	504.47M
SG&A % of Revenue	0.44%	0.43%	0.45%	0.42%	0.39%	0.41%	0.44%	0.46%	0.45%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	-1.43M	-631K	19.41M	16.47M	21.32M	31.8M	36.65M	37.39M
Operating Income+	5.54M	20.52M	41.8M	48.1M	61.07M	105.29M	73.14M	22.13M	51.42M
Operating Margin %	0.02%	0.05%	0.08%	0.08%	0.11%	0.12%	0.07%	0.02%	0.05%
Operating Income Growth %	-	2.7%	1.04%	0.15%	0.27%	0.72%	-0.31%	-0.7%	1.32%
EBITDA+	7.91M	23.37M	44.66M	52.05M	65.89M	109.8M	77.93M	27.23M	56.58M
EBITDA Margin %	0.03%	0.06%	0.09%	0.09%	0.11%	0.12%	0.07%	0.03%	0.05%
EBITDA Growth %	-	1.96%	0.91%	0.17%	0.27%	0.67%	-0.29%	-0.65%	1.08%
D&A (Non-Cash Add-back)	2.37M	2.85M	2.87M	3.95M	4.83M	4.51M	4.79M	5.09M	5.17M
EBIT	4.65M	19.09M	41.17M	48.1M	61.07M	105.29M	73.14M	22.13M	51.42M
Net Interest Income+	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0
Other Income/Expense	-895K	-1.43M	-631K	-931K	-994K	-563K	3.48M	15.63M	13.03M
Pretax Income+	4.65M	19.09M	41.17M	47.17M	60.07M	104.73M	76.62M	37.76M	64.45M
Pretax Margin %	0.01%	0.05%	0.08%	0.08%	0.1%	0.12%	0.07%	0.04%	0.06%
Income Tax+	2.45M	14.09M	10.53M	11.5M	3.28M	4.89M	17.92M	9.61M	15.68M
Effective Tax Rate %	0.52%	0.28%	0.75%	0.76%	0.95%	0.95%	0.77%	0.75%	0.77%
Net Income+	2.4M	5.35M	30.68M	35.67M	56.79M	99.84M	58.7M	28.15M	49.56M
Net Margin %	0.01%	0.01%	0.06%	0.06%	0.1%	0.11%	0.05%	0.03%	0.04%
Net Income Growth %	-	1.23%	4.74%	0.16%	0.59%	0.76%	-0.41%	-0.52%	0.76%
Net Income (Continuing)	2.2M	5M	30.64M	35.67M	56.79M	99.84M	58.7M	28.15M	48.77M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	-276K	-623K	0	0	0	0	0	0	-403K
EPS (Diluted)+	0.05	0.08	0.43	-0.09	0.79	1.34	0.79	0.38	0.69
EPS Growth %	-	0.38%	4.7%	-1.21%	9.78%	0.7%	-0.41%	-0.52%	0.82%
EPS (Basic)	0.05	0.08	0.45	-0.09	0.81	1.38	0.80	0.39	0.70
Diluted Shares Outstanding	43.91M	70.78M	70.78M	57.29M	72.06M	74.55M	74.52M	73.58M	71.68M
Basic Shares Outstanding	43.91M	67.89M	67.89M	57.29M	69.77M	72.51M	73.31M	72.96M	70.85M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	93.43M	105.52M	139.15M	199.34M	276.93M	439.84M	518.22M	528.59M	561.09M
Cash & Short-Term Investments	11.46M	10.59M	16.37M	65.42M	146.01M	218.46M	234.72M	245.45M	256.6M
Cash Only	11.46M	10.59M	16.37M	65.42M	146.01M	218.46M	234.72M	245.45M	256.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	6.52M	9.41M	5.34M	5.51M	15.31M	8.01M	8.39M	14.03M	11.53M
Days Sales Outstanding	7.63	8.59	3.91	3.35	9.62	3.28	2.78	4.79	3.73
Inventory	72.53M	76.17M	102.22M	104.26M	95.27M	171.26M	215.22M	203.59M	229.24M
Days Inventory Outstanding	156.86	135.03	159.83	136.37	126.28	155.66	154.31	144.42	155.92
Other Current Assets	1.44M	3.1M	6.65M	16.92M	13.68M	29.05M	49.05M	53.1M	48.04M
Total Non-Current Assets+	22.66M	18.46M	22.92M	32.95M	28.83M	40.57M	61.1M	80.3M	104.46M
Property, Plant & Equipment	5.67M	5.4M	5.91M	13.52M	11.21M	15.51M	31.9M	44.2M	45.2M
Fixed Asset Turnover	55.00x	73.94x	84.43x	44.46x	51.79x	57.46x	34.53x	24.18x	25.00x
Goodwill	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M	2.04M
Intangible Assets	1.21M	889K	564K	1.46M	1.26M	1.21M	1.6M	1.88M	2.29M
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	201K	214K	731K	642K	500K	2.75M	807K	2.17M	18.07M
Total Assets+	116.08M	123.98M	162.07M	232.29M	305.75M	480.41M	579.32M	608.89M	665.55M
Asset Turnover	2.69x	3.22x	3.08x	2.59x	1.90x	1.86x	1.90x	1.76x	1.70x
Asset Growth %	-	0.07%	0.31%	0.43%	0.32%	0.57%	0.21%	0.05%	0.09%
Total Current Liabilities+	74.01M	75.99M	82.26M	101.53M	105.69M	160.22M	181.09M	189.62M	196.1M
Accounts Payable	17.1M	17.85M	20.22M	29.81M	39.34M	54.34M	50.79M	47.82M	45.1M
Days Payables Outstanding	36.99	31.65	31.61	39	52.14	49.4	36.41	33.92	30.67
Short-Term Debt	30.19M	15.1M	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	1000K	1000K	1000K	0	0	0	0	0
Other Current Liabilities	22.8M	34.81M	54.86M	49.71M	41.42M	68.21M	85.96M	94.22M	103.41M
Current Ratio	1.26x	1.39x	1.69x	1.96x	2.62x	2.75x	2.86x	2.79x	2.86x
Quick Ratio	0.28x	0.39x	0.45x	0.94x	1.72x	1.68x	1.67x	1.71x	1.69x
Cash Conversion Cycle	127.5	111.97	132.12	100.72	83.77	109.55	120.68	115.29	128.97
Total Non-Current Liabilities+	0	0	0	0	0	3.18M	18.66M	34.13M	31.66M
Long-Term Debt	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	3.18M	18.66M	34.13M	31.66M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0
Total Liabilities	74.01M	75.99M	82.26M	101.53M	105.69M	163.4M	199.75M	223.75M	227.76M
Total Debt+	30.19M	15.1M	0	0	0	6.94M	24.5M	40.99M	40.73M
Net Debt	18.73M	4.51M	-16.37M	-65.42M	-146.01M	-211.51M	-210.22M	-204.46M	-215.87M
Debt / Equity	0.72x	0.31x	-	-	-	0.02x	0.06x	0.11x	0.09x
Debt / EBITDA	3.82x	0.65x	-	-	-	0.06x	0.31x	1.51x	0.72x
Net Debt / EBITDA	2.37x	0.19x	-0.37x	-1.26x	-2.22x	-1.93x	-2.70x	-7.51x	-3.82x
Interest Coverage	-	-	-	-	-	-	-	-	-
Total Equity+	42.08M	47.99M	79.82M	130.76M	200.06M	317.01M	379.57M	385.14M	437.79M
Equity Growth %	-	0.14%	0.66%	0.64%	0.53%	0.58%	0.2%	0.01%	0.14%
Book Value per Share	0.96	0.68	1.13	2.28	2.78	4.25	5.09	5.23	6.11
Total Shareholders' Equity	42.35M	48.61M	79.82M	130.76M	200.06M	317.01M	379.57M	385.14M	438.19M
Common Stock	1.24M	2.15M	3.55M	69K	71K	73K	74K	72K	72K
Retained Earnings	-1.24M	31.46M	61.27M	56.68M	113.95M	213.35M	269.16M	268.36M	305.07M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	26.12M	-6.91M	-9.44M	0	0	0	0	0	0
Minority Interest	-276K	-623K	0	0	0	0	0	0	-403K

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.49M	16.48M	26.66M	46.06M	73.77M	62.31M	23.44M	43.34M	26.69M
Operating CF Margin %	-0%	0.04%	0.05%	0.08%	0.13%	0.07%	0.02%	0.04%	0.02%
Operating CF Growth %	-	12.06%	0.62%	0.73%	0.6%	-0.16%	-0.62%	0.85%	-0.38%
Net Income	2.4M	5M	30.64M	35.67M	56.79M	99.84M	58.7M	28.15M	48.77M
Depreciation & Amortization	2.37M	2.85M	2.87M	3.95M	4.83M	4.51M	4.79M	5.09M	5.17M
Stock-Based Compensation	20K	911K	1.4M	2.07M	3.36M	4.79M	5.86M	5.84M	10.03M
Deferred Taxes	68K	3.63M	-3.77M	-1.61M	1.48M	-5.25M	-5.7M	-5.25M	-6.86M
Other Non-Cash Items	14.69M	15.41M	26.7M	56.99M	0	0	0	0	0
Working Capital Changes	-6.14M	4.09M	-4.48M	5.98M	7.32M	-41.58M	-40.22M	9.51M	-30.42M
Change in Receivables	-398K	489K	361K	586K	-9.8M	7.3M	-381K	-5.63M	2.07M
Change in Inventory	-11.91M	-7.01M	-26.05M	-15.62M	8.98M	-75.99M	-43.97M	11.64M	-24.79M
Change in Payables	2.17M	751K	2.37M	9.59M	9.52M	15.01M	-3.56M	-2.97M	-2.72M
Cash from Investing+	-3.03M	-2.26M	-3.04M	-12.46M	-2.32M	-2.19M	-5.17M	-4.2M	-9.11M
Capital Expenditures	-3.03M	-2.26M	-3.04M	-12.46M	-2.32M	-2.19M	-5.17M	-4.2M	-5.65M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.02%	0%	0%	0%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0
Cash from Financing+	5.14M	-15.09M	-17.62M	15.18M	8.66M	12.77M	887K	-30.38M	-5.36M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	5.14M	0	-2.52M	0	8.66M	12.77M	887K	536K	6.42M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.52M	14.22M	23.61M	33.6M	71.45M	60.12M	18.27M	39.14M	21.04M
FCF Margin %	-0.01%	0.04%	0.05%	0.06%	0.12%	0.07%	0.02%	0.04%	0.02%
FCF Growth %	-	4.15%	0.66%	0.42%	1.13%	-0.16%	-0.7%	1.14%	-0.46%
FCF per Share	-0.10	0.20	0.33	0.59	0.99	0.81	0.25	0.53	0.29
FCF Conversion (FCF/Net Income)	-0.62x	3.08x	0.87x	1.29x	1.30x	0.62x	0.40x	1.54x	0.54x
Interest Paid	0	668K	87K	0	342K	0	0	0	0
Taxes Paid	0	13.89M	9.67M	0	11.95M	3.01M	23.03M	12.99M	22.2M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.71%	11.87%	48.02%	33.87%	34.33%	38.62%	16.85%	7.36%	12.04%
Return on Invested Capital (ROIC)	6.83%	27.17%	54.07%	56.02%	76.72%	98.99%	39.92%	9.49%	19.16%
Gross Margin	45.92%	48.47%	53.2%	53.57%	52.58%	54.95%	53.78%	51.86%	52.51%
Net Margin	0.77%	1.34%	6.15%	5.93%	9.78%	11.2%	5.33%	2.63%	4.39%
Debt / Equity	0.72x	0.31x	-	-	-	0.02x	0.06x	0.11x	0.09x
FCF Conversion	-0.62x	3.08x	0.87x	1.29x	1.30x	0.62x	0.40x	1.54x	0.54x
Revenue Growth	-	28.04%	24.81%	20.5%	-3.39%	53.52%	23.56%	-2.97%	5.73%

Revenue by Segment

	2019	2020
Fashion Apparel	-	321.44M
Fashion Apparel Growth	-	-
Dresses	-	130.83M
Dresses Growth	-	-
Handbags Shoes And Accessories	-	95.21M
Handbags Shoes And Accessories Growth	-	-
Beauty	-	24.39M
Beauty Growth	-	-
Manufactured Product Other	-	8.77M
Manufactured Product Other Growth	-	-
Revolve	527.25M	-
Revolve Growth	-	-
Forward	73.74M	-
Forward Growth	-	-

Revenue by Geography

	2019	2020
UNITED STATES	502.88M	467.51M
UNITED STATES Growth	-	-7.03%
Rest Of The World	98.11M	113.13M
Rest Of The World Growth	-	15.31%

Frequently Asked Questions

Valuation & Price

Revolve Group, Inc. (RVLV) has a price-to-earnings (P/E) ratio of 44.8x. This suggests investors expect higher future growth.

Growth & Financials

Revolve Group, Inc. (RVLV) reported $1.20B in revenue for fiscal year 2024. This represents a 283% increase from $312.1M in 2016.

Revolve Group, Inc. (RVLV) grew revenue by 5.7% over the past year. This is steady growth.

Yes, Revolve Group, Inc. (RVLV) is profitable, generating $55.5M in net income for fiscal year 2024 (4.4% net margin).

Dividend & Returns

Revolve Group, Inc. (RVLV) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.

Revolve Group, Inc. (RVLV) generated $61.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.