Sleep Number Corporation (SNBR) Financial Ratios
29 years of historical data (1997–2025) · Consumer Cyclical · Furnishings, Fixtures & Appliances
EV/EBITDA
↑
16.50
+19% vs avg
5yr avg: 13.89
30Y Low5.4·High33.6
P/FCF
↑
N/A
—
5yr avg: 51.31
30Y Low4.7·High104.2
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low1.4·High17.7
ROE
N/A
—
5yr avg: N/A
30Y Low-106%·High158%
Debt/EBITDA
↑
16.45
↑+75% vs avg
5yr avg: 9.38
30Y Low0.0·High16.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SNBR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Sleep Number Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5M | $197M | $344M | $333M | $594M | $1.9B | $2.3B | $1.5B | $1.1B | $1.6B | $1.1B |
| Enterprise Value | $946M | $1.1B | $1.3B | $1.3B | $1.5B | $2.7B | $2.9B | $2.1B | $1.3B | $1.6B | $1.1B |
| P/E Ratio → | -0.04 | — | — | — | 16.24 | 12.44 | 16.71 | 18.24 | 16.53 | 24.25 | 20.56 |
| P/S Ratio | 0.00 | 0.14 | 0.20 | 0.18 | 0.28 | 0.87 | 1.25 | 0.88 | 0.75 | 1.10 | 0.81 |
| P/B Ratio | — | — | — | — | — | — | — | — | — | 17.74 | 6.62 |
| P/FCF | — | — | 94.43 | — | — | 8.20 | 9.67 | 11.50 | 13.34 | 14.03 | 11.31 |
| P/OCF | — | — | 12.66 | — | 16.43 | 6.37 | 8.32 | 7.90 | 8.72 | 9.17 | 7.00 |
P/E links to full P/E history page with 30-year chart
SNBR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Sleep Number Corporation's enterprise value stands at 16.5x EBITDA, 19% above its 5-year average of 13.9x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 35% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.81 | 0.76 | 0.69 | 0.70 | 1.24 | 1.57 | 1.23 | 0.88 | 1.11 | 0.82 |
| EV / EBITDA | 16.50 | 19.85 | 14.32 | 13.66 | 11.00 | 10.63 | 11.82 | 11.97 | 8.71 | 10.46 | 8.02 |
| EV / EBIT | 230.35 | 277.11 | 55.86 | 56.78 | 21.92 | 13.95 | 15.75 | 18.57 | 14.56 | 17.44 | 14.01 |
| EV / FCF | — | — | 351.20 | — | — | 11.58 | 12.10 | 16.02 | 15.64 | 14.21 | 11.45 |
SNBR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Sleep Number Corporation earns an operating margin of 0.3%, roughly in line with the Consumer Cyclical sector average. ROIC of 0.7% represents below-average returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.0% | 59.0% | 59.6% | 57.7% | 56.9% | 60.4% | 62.3% | 61.9% | 60.6% | 62.1% | 61.8% |
| Operating Margin | 0.3% | 0.3% | 1.4% | 1.2% | 3.2% | 8.9% | 10.0% | 6.6% | 6.0% | 6.4% | 5.8% |
| Net Profit Margin | -9.3% | -9.3% | -1.2% | -0.8% | 1.7% | 7.0% | 7.5% | 4.8% | 4.5% | 4.5% | 3.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | 52.2% | 26.9% |
| ROA | -17.1% | -17.1% | -2.2% | -1.6% | 3.9% | 17.9% | 17.3% | 12.8% | 14.8% | 14.0% | 10.6% |
| ROIC | 0.7% | 0.7% | 3.4% | 3.5% | 12.4% | 40.1% | 35.2% | 32.6% | 69.9% | 48.7% | 29.5% |
| ROCE | — | — | — | 117.9% | 368.1% | 246.6% | 104.0% | 116.3% | 125.8% | 46.3% | 29.5% |
SNBR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Sleep Number Corporation carries a Debt/EBITDA ratio of 16.4x, which is highly leveraged (244% above the sector average of 4.8x). Net debt stands at $941M ($943M total debt minus $2M cash). Interest coverage of just 0.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | 0.27 | 0.15 |
| Debt / EBITDA | 16.45 | 16.45 | 10.49 | 10.20 | 6.62 | 3.12 | 2.39 | 3.38 | 1.29 | 0.16 | 0.18 |
| Net Debt / Equity | — | — | — | — | — | — | — | — | — | 0.23 | 0.08 |
| Net Debt / EBITDA | 16.42 | 16.42 | 10.47 | 10.18 | 6.61 | 3.11 | 2.37 | 3.37 | 1.28 | 0.14 | 0.10 |
| Debt / FCF | — | — | 256.78 | — | — | 3.38 | 2.43 | 4.52 | 2.30 | 0.18 | 0.14 |
| Interest Coverage | 0.08 | 0.08 | 0.47 | 0.54 | 3.58 | 30.99 | 20.72 | 9.67 | 15.64 | 94.27 | 94.51 |
SNBR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.16x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.22x to 0.16x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.16 | 0.16 | 0.20 | 0.22 | 0.21 | 0.23 | 0.28 | 0.27 | 0.31 | 0.50 | 0.61 |
| Quick Ratio | 0.07 | 0.07 | 0.09 | 0.10 | 0.09 | 0.11 | 0.15 | 0.12 | 0.14 | 0.22 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.05 |
| Asset Turnover | — | 2.08 | 1.95 | 1.98 | 2.22 | 2.38 | 2.32 | 2.11 | 3.26 | 3.06 | 2.87 |
| Inventory Turnover | 7.03 | 7.03 | 6.59 | 6.92 | 8.00 | 8.20 | 8.61 | 7.42 | 7.11 | 6.49 | 6.68 |
| Days Sales Outstanding | — | 4.01 | 3.80 | 5.19 | 4.49 | 4.30 | 6.27 | 4.29 | 5.91 | 4.88 | 5.48 |
SNBR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Sleep Number Corporation returns 25.4% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 6.2% | 8.0% | 6.0% | 5.5% | 6.1% | 4.1% | 4.9% |
| FCF Yield | — | — | 1.1% | — | — | 12.2% | 10.3% | 8.7% | 7.5% | 7.1% | 8.8% |
| Buyback Yield | 25.4% | 0.6% | 0.2% | 1.1% | 10.8% | 20.0% | 10.1% | 11.0% | 23.7% | 9.8% | 11.9% |
| Total Shareholder Yield | 25.4% | 0.6% | 0.2% | 1.1% | 10.8% | 20.0% | 10.1% | 11.0% | 23.7% | 9.8% | 11.9% |
| Shares Outstanding | — | $23M | $23M | $22M | $23M | $25M | $28M | $30M | $36M | $42M | $47M |
Peer Comparison
Compare SNBR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SNBRYou | $5M | -0.0 | 16.5 | — | 59.0% | 0.3% | — | 0.7% | 16.4 |
 PRPL | $47M | -0.9 | — | — | 40.2% | -6.8% | — | -15.8% | — |
 LOVE | $212M | 51.7 | 14.7 | 8.1 | 54.2% | 0.8% | 1.9% | 1.3% | 9.4 |
 ETH | $415M | 8.1 | 7.5 | 8239.4 | 60.5% | 10.1% | 10.7% | 7.6% | 2.0 |
 RH | $3B | 23.5 | 12.6 | 11.1 | 44.1% | 11.3% | 205.9% | 7.5% | 7.4 |
 ARHS | $1B | 15.1 | 7.6 | 17.4 | 38.9% | 6.4% | 17.7% | 9.6% | 3.3 |
 FLXS | $347M | 18.3 | 12.1 | 10.3 | 22.2% | 6.0% | 12.7% | 9.9% | 2.0 |
 LESL | $86M | -0.4 | 18.8 | — | 35.4% | 1.7% | — | 2.5% | 18.4 |
 WSM | $27B | 25.7 | 16.5 | 25.3 | 46.2% | 18.1% | 51.5% | 44.3% | 0.9 |
 BBY | $16B | 14.8 | 8.2 | 12.5 | 22.5% | 3.3% | 37.0% | 19.6% | 1.9 |
 W | $12B | -36.6 | 44.2 | 25.1 | 30.2% | 0.1% | — | — | 12.6 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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SNBR — Frequently Asked Questions
Quick answers to the most common questions about buying SNBR stock.
What is Sleep Number Corporation's P/E ratio?
Sleep Number Corporation's current P/E ratio is -0.0x. The historical average is 24.3x.
What is Sleep Number Corporation's EV/EBITDA?
Sleep Number Corporation's current EV/EBITDA is 16.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.9x.
Is SNBR stock overvalued?
Based on historical data, Sleep Number Corporation is trading at a P/E of -0.0x. Compare with industry peers and growth rates for a complete picture.
What are Sleep Number Corporation's profit margins?
Sleep Number Corporation has 59.0% gross margin and 0.3% operating margin.
How much debt does Sleep Number Corporation have?
Sleep Number Corporation's Debt/EBITDA ratio is 16.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.