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SharkNinja, Inc. (SN) 10-Year Financial Performance & Capital Metrics

SN • • Industrial / General
Consumer CyclicalHome FurnishingsAppliances & Home ElectronicsSmall Kitchen Appliances
AboutSharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, as well as other floorcare products; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, cookware, cutlery, kettles, toasters, and bakeware products; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, home environment products, and garment care products. The company sells its products through retailers, online and offline, and distributors. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.Show more
  • Revenue $5.53B +30.0%
  • EBITDA $767M +60.7%
  • Net Income $439M +162.6%
  • EPS (Diluted) 3.11 +159.2%
  • Gross Margin 48.15% +7.4%
  • EBITDA Margin 13.88% +23.7%
  • Operating Margin 11.65% +32.7%
  • Net Margin 7.94% +102.0%
  • ROE 25.69% +154.3%
  • ROIC 20.53% +59.1%
  • Debt/Equity 0.49 -17.7%
  • Interest Coverage 10.11 +21.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 8/9
  • ✓Momentum leader: RS Rating 80 (top 20%)
  • ✓Good 3Y average ROE of 16.2%
  • ✓Trading near 52-week high
  • ✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y14.05%
TTM18.87%

Profit (Net Income) CAGR

10Y-
5Y-
3Y9.83%
TTM59.99%

EPS CAGR

10Y-
5Y-
3Y9.33%
TTM58.75%

ROCE

10Y Avg18.21%
5Y Avg18.21%
3Y Avg18.1%
Latest24.65%

Peer Comparison

Small Kitchen Appliances
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SNSharkNinja, Inc.17.81B126.1740.5729.97%9.45%23.87%1.66%0.49
HBBHamilton Beach Brands Holding Company194.75M19.768.984.65%5.25%19.45%31.95%0.57
ATERAterian, Inc.7.75M0.77-0.46-30.53%-15.72%-54.49%27.39%0.25
LCUTLifetime Brands, Inc.91.76M4.05-5.70-0.54%-5.49%-19.59%17.81%1.09

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+3.73B3.72B4.25B5.53B
Revenue Growth %--0%0.14%0.3%
Cost of Goods Sold+2.29B2.31B2.35B2.87B
COGS % of Revenue0.61%0.62%0.55%0.52%
Gross Profit+1.44B1.41B1.91B2.66B
Gross Margin %0.39%0.38%0.45%0.48%
Gross Profit Growth %--0.02%0.35%0.4%
Operating Expenses+999.93M1.09B1.53B2.02B
OpEx % of Revenue0.27%0.29%0.36%0.36%
Selling, General & Admin799.29M873.16M1.28B1.68B
SG&A % of Revenue0.21%0.23%0.3%0.3%
Research & Development200.64M215.66M249.39M341.29M
R&D % of Revenue0.05%0.06%0.06%0.06%
Other Operating Expenses0000
Operating Income+438.26M321.37M373.56M644.16M
Operating Margin %0.12%0.09%0.09%0.12%
Operating Income Growth %--0.27%0.16%0.72%
EBITDA+516.44M408.08M477.38M767.27M
EBITDA Margin %0.14%0.11%0.11%0.14%
EBITDA Growth %--0.21%0.17%0.61%
D&A (Non-Cash Add-back)78.18M86.71M103.82M123.11M
EBIT430.61M329M338.14M636.18M
Net Interest Income+-16.29M-27.02M-44.91M-63.72M
Interest Income0000
Interest Expense16.29M27.02M44.91M63.72M
Other Income/Expense-23.93M-19.39M-80.34M-71.69M
Pretax Income+414.33M301.98M293.23M572.47M
Pretax Margin %0.11%0.08%0.07%0.1%
Income Tax+83.21M69.63M126.15M133.76M
Effective Tax Rate %0.8%0.77%0.57%0.77%
Net Income+331.11M232.35M167.08M438.7M
Net Margin %0.09%0.06%0.04%0.08%
Net Income Growth %--0.3%-0.28%1.63%
Net Income (Continuing)331.11M232.35M167.08M438.7M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+2.381.671.203.11
EPS Growth %--0.3%-0.28%1.59%
EPS (Basic)2.381.671.203.14
Diluted Shares Outstanding138.98M138.98M139.42M141.08M
Basic Shares Outstanding138.98M138.98M139.03M139.94M
Dividend Payout Ratio0.13%0.2%0.9%-

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.77B1.72B1.9B2.64B
Cash & Short-Term Investments225.36M192.89M154.06M363.67M
Cash Only225.36M192.89M154.06M363.67M
Short-Term Investments0000
Accounts Receivable905.96M839.38M985.17M1.27B
Days Sales Outstanding88.7282.4284.5483.62
Inventory602.48M548.59M699.74M899.99M
Days Inventory Outstanding96.0886.79108.87114.59
Other Current Assets15.23M48.56M38.13M20M
Total Non-Current Assets+1.59B1.58B1.59B1.75B
Property, Plant & Equipment182.38M204.66M229.59M357.72M
Fixed Asset Turnover20.44x18.16x18.53x15.46x
Goodwill840.83M840.15M834.2M834.78M
Intangible Assets510.17M492.71M477.82M462.68M
Long-Term Investments00477.82M0
Other Non-Current Assets44.04M35.39M-429.65M51.63M
Total Assets+3.36B3.29B3.49B4.39B
Asset Turnover1.11x1.13x1.22x1.26x
Asset Growth %--0.02%0.06%0.26%
Total Current Liabilities+993.5M968.7M1.13B1.53B
Accounts Payable442.56M328.12M459.65M612.03M
Days Payables Outstanding70.5851.9171.5277.93
Short-Term Debt49.4M86.97M24.16M39.34M
Deferred Revenue (Current)1000K000
Other Current Liabilities-83.73M44.47M502.38M693.92M
Current Ratio1.78x1.77x1.69x1.73x
Quick Ratio1.18x1.20x1.06x1.14x
Cash Conversion Cycle114.23117.3121.89120.29
Total Non-Current Liabilities+601.49M497.9M883.04M928.74M
Long-Term Debt435.95M349.17M775.48M736.14M
Capital Lease Obligations63.91M61.78M63.04M145.38M
Deferred Tax Liabilities81.83M60.98M16.5M9.93M
Other Non-Current Liabilities19.81M25.98M28.02M37.29M
Total Liabilities1.59B1.47B2.01B2.46B
Total Debt+563.75M510.96M871.07M938.99M
Net Debt338.39M318.07M717.01M575.32M
Debt / Equity0.32x0.28x0.59x0.49x
Debt / EBITDA1.09x1.25x1.82x1.22x
Net Debt / EBITDA0.66x0.78x1.50x0.75x
Interest Coverage26.91x11.89x8.32x10.11x
Total Equity+1.76B1.83B1.48B1.94B
Equity Growth %-0.04%-0.19%0.31%
Book Value per Share12.6713.1510.6113.72
Total Shareholders' Equity1.76B1.83B1.48B1.94B
Common Stock10K10K14K14K
Retained Earnings797.97M896.74M470.32M909.02M
Treasury Stock0000
Accumulated OCI8.95M-9.67M-1.03M-11.28M
Minority Interest0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+229.15M204.96M280.6M446.62M
Operating CF Margin %0.06%0.06%0.07%0.08%
Operating CF Growth %--0.11%0.37%0.59%
Net Income331.11M232.35M167.08M438.7M
Depreciation & Amortization78.18M86.71M103.82M123.11M
Stock-Based Compensation13.92M5.51M46.97M84.53M
Deferred Taxes-15.13M-16.65M-41.73M-47.37M
Other Non-Cash Items26.37M25.23M59.42M25.08M
Working Capital Changes-205.32M-128.19M-54.95M-177.43M
Change in Receivables-77.44M519K-229.65M-299.2M
Change in Inventory-185.47M53.89M-155.81M-204.92M
Change in Payables74.85M-118.16M147.51M157.34M
Cash from Investing+-66.37M-52.38M-118.08M-151.18M
Capital Expenditures-60.07M-94.43M-122.74M-137.69M
CapEx % of Revenue0.02%0.03%0.03%0.02%
Acquisitions----
Investments----
Other Investing-1.8M42.12M4.67M-13.49M
Cash from Financing+-54.5M-160.17M-234.87M-81.22M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid-42M-45.44M-150.18M0
Share Repurchases----
Other Financing0-64.59M-438.46M5.49M
Net Change in Cash----
Free Cash Flow+169.07M110.53M148.8M295.44M
FCF Margin %0.05%0.03%0.03%0.05%
FCF Growth %--0.35%0.35%0.99%
FCF per Share1.220.801.072.09
FCF Conversion (FCF/Net Income)0.69x0.88x1.68x1.02x
Interest Paid12.01M16.32M51.11M64.69M
Taxes Paid91.89M90.03M141.25M190.66M

Key Ratios

Metric2021202220232024
Return on Equity (ROE)18.8%12.95%10.1%25.69%
Return on Invested Capital (ROIC)15.65%11.35%12.9%20.53%
Gross Margin38.59%37.94%44.85%48.15%
Net Margin8.88%6.25%3.93%7.94%
Debt / Equity0.32x0.28x0.59x0.49x
Interest Coverage26.91x11.89x8.32x10.11x
FCF Conversion0.69x0.88x1.68x1.02x
Revenue Growth--0.26%14.43%29.97%

Revenue by Segment

20232024
Cleaning Appliances1.82B2.06B
Cleaning Appliances Growth-13.41%
Cooking and Beverage Appliances1.44B1.72B
Cooking and Beverage Appliances Growth-19.15%
Food Preparation Appliances653.62M1.18B
Food Preparation Appliances Growth-80.34%
Beauty and Home Environment Appliances-568.74M
Beauty and Home Environment Appliances Growth--
Product and Service, Other339M-
Product and Service, Other Growth--

Revenue by Geography

20232024
North America3.02B3.8B
North America Growth-25.77%
Europe1.07B1.73B
Europe Growth-61.54%
the World162.91M-
the World Growth--

Frequently Asked Questions

Valuation & Price

SharkNinja, Inc. (SN) has a price-to-earnings (P/E) ratio of 40.6x. This suggests investors expect higher future growth.

Growth & Financials

SharkNinja, Inc. (SN) reported $6.08B in revenue for fiscal year 2024. This represents a 63% increase from $3.73B in 2021.

SharkNinja, Inc. (SN) grew revenue by 30.0% over the past year. This is strong growth.

Yes, SharkNinja, Inc. (SN) is profitable, generating $574.9M in net income for fiscal year 2024 (7.9% net margin).

Dividend & Returns

SharkNinja, Inc. (SN) has a return on equity (ROE) of 25.7%. This is excellent, indicating efficient use of shareholder capital.

SharkNinja, Inc. (SN) generated $399.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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