Smith & Wesson Brands, Inc. (SWBI) Financial Ratios
26 years of historical data (2000–2025) · Industrials · Aerospace & Defense
EV/EBITDA
↑
13.73
↑+120% vs avg
5yr avg: 6.25
30Y Low2.0·High21.5
P/FCF
↑
N/A
—
5yr avg: 19.58
30Y Low3.3·High49.7
P/B Ratio
↓
1.81
-9% vs avg
5yr avg: 1.99
30Y Low0.9·High7.4
ROE
↓
3.5%
↑-89% vs avg
5yr avg: 32.5%
30Y Low-100%·High226%
Debt/EBITDA
↑
2.06
↑+149% vs avg
5yr avg: 0.83
30Y Low0.1·High15.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SWBI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Smith & Wesson Brands, Inc. trades at 50.6x earnings, 243% above its 5-year average of 14.7x, sitting at the 95th percentile of its historical range. Compared to the Industrials sector median P/E of 25.7x, the stock trades at a premium of 97%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $676M | $423M | $785M | $555M | $655M | $963M | $400M | $418M | $464M | $969M | $939M |
| Enterprise Value | $765M | $513M | $802M | $566M | $575M | $891M | $477M | $579M | $624M | $1.1B | $922M |
| P/E Ratio → | 50.63 | 31.77 | 19.73 | 15.02 | 3.37 | 3.82 | — | 22.94 | 22.86 | 7.57 | 9.99 |
| P/S Ratio | 1.42 | 0.89 | 1.46 | 1.16 | 0.76 | 0.91 | 0.59 | 0.65 | 0.76 | 1.07 | 1.30 |
| P/B Ratio | 1.81 | 1.14 | 1.96 | 1.44 | 1.82 | 3.62 | 1.03 | 0.94 | 1.10 | 2.46 | 3.05 |
| P/FCF | — | — | 49.69 | — | 5.77 | 3.29 | 4.99 | 18.19 | 10.89 | 11.00 | 6.82 |
| P/OCF | — | — | 7.35 | 33.17 | 4.75 | 3.05 | 4.22 | 7.28 | 7.53 | 7.84 | 5.57 |
P/E links to full P/E history page with 30-year chart
SWBI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Smith & Wesson Brands, Inc.'s enterprise value stands at 13.7x EBITDA, 120% above its 5-year average of 6.2x. This is roughly in line with the Industrials sector median of 13.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.08 | 1.50 | 1.18 | 0.67 | 0.84 | 0.70 | 0.91 | 1.03 | 1.25 | 1.28 |
| EV / EBITDA | 13.73 | 9.20 | 10.37 | 7.10 | 2.04 | 2.54 | 5.87 | 6.33 | 8.00 | 4.51 | 4.68 |
| EV / EBIT | 32.05 | 21.48 | 15.58 | 11.37 | 2.28 | 2.79 | 9.39 | 13.30 | 21.69 | 5.63 | 5.87 |
| EV / FCF | — | — | 50.77 | — | 5.06 | 3.05 | 5.94 | 25.18 | 14.66 | 12.78 | 6.70 |
SWBI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Smith & Wesson Brands, Inc. earns an operating margin of 5.0%, roughly in line with the Industrials sector average. Operating margins have compressed from 10.1% to 5.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.5% is modest, trailing the sector median of 8.2%. ROIC of 4.1% represents below-average returns on invested capital versus a sector median of 6.3%.
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 | 26.8% | 26.8% | 29.5% | 32.2% | 43.3% | 42.4% | 34.6% | 35.4% | 32.3% | 41.5% | 40.6% |
| Operating Margin | 5.0% | 5.0% | 8.4% | 10.1% | 29.1% | 30.2% | 7.4% | 6.0% | 4.5% | 22.1% | 21.9% |
| Net Profit Margin | 2.8% | 2.8% | 7.4% | 7.7% | 22.5% | 23.8% | -9.0% | 2.9% | 3.3% | 14.2% | 13.0% |
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 | 3.5% | 3.5% | 10.1% | 9.9% | 62.0% | 77.1% | -14.7% | 4.2% | 4.9% | 36.5% | 37.4% |
| ROA | 2.4% | 2.4% | 7.1% | 7.1% | 41.2% | 42.9% | -8.2% | 2.4% | 2.6% | 18.2% | 16.9% |
| ROIC | 4.1% | 4.1% | 8.3% | 10.7% | 79.5% | 72.8% | 7.0% | 4.8% | 3.6% | 35.7% | 38.7% |
| ROCE | 4.9% | 4.9% | 9.6% | 11.2% | 69.0% | 69.5% | 8.0% | 5.9% | 4.2% | 35.3% | 35.0% |
SWBI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Smith & Wesson Brands, Inc. carries a Debt/EBITDA ratio of 2.1x, which is manageable (34% below the sector average of 3.1x). Net debt stands at $90M ($115M total debt minus $25M cash). Interest coverage of 5.2x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.31 | 0.31 | 0.19 | 0.17 | 0.11 | 0.15 | 0.52 | 0.45 | 0.50 | 0.55 | 0.57 |
| Debt / EBITDA | 2.06 | 2.06 | 1.01 | 0.81 | 0.14 | 0.12 | 2.48 | 2.21 | 2.68 | 0.87 | 0.88 |
| Net Debt / Equity | — | 0.24 | 0.04 | 0.03 | -0.22 | -0.27 | 0.20 | 0.36 | 0.38 | 0.40 | -0.06 |
| Net Debt / EBITDA | 1.61 | 1.61 | 0.22 | 0.14 | -0.29 | -0.21 | 0.94 | 1.76 | 2.05 | 0.63 | -0.09 |
| Debt / FCF | — | — | 1.07 | — | -0.71 | -0.25 | 0.95 | 7.00 | 3.76 | 1.78 | -0.12 |
| Interest Coverage | 5.17 | 5.17 | 21.79 | 146.24 | 117.87 | 81.56 | 4.29 | 3.89 | 2.42 | 23.30 | 11.58 |
SWBI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Smith & Wesson Brands, Inc.'s current ratio of 4.16x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.31x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 3.35x to 4.16x 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 | 4.16 | 4.16 | 3.05 | 3.35 | 3.68 | 2.13 | 3.03 | 2.68 | 2.69 | 2.11 | 2.72 |
| Quick Ratio | 1.31 | 1.31 | 1.35 | 1.32 | 2.15 | 1.51 | 2.23 | 1.21 | 1.16 | 1.23 | 2.08 |
| Cash Ratio | 0.38 | 0.38 | 0.64 | 0.61 | 1.36 | 0.90 | 0.96 | 0.37 | 0.49 | 0.41 | 1.56 |
| Asset Turnover | — | 0.85 | 0.93 | 0.89 | 1.74 | 2.37 | 0.93 | 0.83 | 0.81 | 1.15 | 1.17 |
| Inventory Turnover | 1.83 | 1.83 | 2.35 | 1.83 | 3.58 | 7.78 | 4.28 | 2.52 | 2.68 | 4.01 | 5.52 |
| Days Sales Outstanding | — | 43.01 | 41.57 | 42.90 | 27.30 | 23.55 | 33.61 | 49.96 | 36.84 | 48.13 | 30.23 |
SWBI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Smith & Wesson Brands, Inc. returns 7.2% to shareholders annually — split between a 3.4% dividend yield and 3.8% buyback yield. The payout ratio exceeds 100% at 172.0%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 3.4% | 5.5% | 2.8% | 3.3% | 2.3% | 0.9% | — | — | — | — | — |
| Payout Ratio | 172.0% | 172.0% | 55.6% | 49.7% | 7.7% | 3.3% | — | — | — | — | — |
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 | 2.0% | 3.1% | 5.1% | 6.7% | 29.7% | 26.1% | — | 4.4% | 4.4% | 13.2% | 10.0% |
| FCF Yield | — | — | 2.0% | — | 17.3% | 30.4% | 20.0% | 5.5% | 9.2% | 9.1% | 14.7% |
| Buyback Yield | 3.8% | 6.0% | 1.3% | 0.2% | 13.7% | 11.4% | 0.1% | 0.2% | 0.5% | 5.2% | 0.3% |
| Total Shareholder Yield | 7.2% | 11.5% | 4.1% | 3.5% | 16.0% | 12.3% | 0.1% | 0.2% | 0.5% | 5.2% | 0.3% |
| Shares Outstanding | — | $44M | $46M | $46M | $48M | $55M | $55M | $55M | $55M | $57M | $56M |
Peer Comparison
Compare SWBI 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 |
|---|---|---|---|---|---|---|---|---|---|
 SWBIYou | $676M | 50.6 | 13.7 | — | 26.8% | 5.0% | 3.5% | 4.1% | 2.1 |
 RGR | $666M | 49.7 | 28.3 | 17.3 | — | — | — | — | — |
 AOUT | $148M | -1618.3 | 12.0 | — | 44.6% | -0.1% | -0.0% | -0.1% | 2.5 |
 OLN | $3B | -77.6 | 10.2 | 13.2 | 7.4% | 1.7% | -2.1% | 1.7% | 5.3 |
 POWW | $243M | -1.8 | — | — | 86.9% | -120.9% | -45.1% | -17.6% | — |
 KTOS | $10B | 456.2 | 110.8 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 AXON | $31B | 250.5 | 394.3 | 406.8 | 59.7% | 0.0% | 4.5% | 0.0% | 24.1 |
 LMT | $117B | 23.7 | 16.0 | 17.0 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
 GD | $94B | 22.6 | 16.9 | 23.9 | 15.1% | 10.2% | 17.7% | 12.5% | 1.6 |
 BA | $177B | 90.5 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 SPXC | $10B | 41.1 | 21.0 | 43.2 | 36.7% | 16.8% | 13.6% | 13.4% | 1.0 |
| Industrials Median | — | 25.7 | 13.7 | 21.2 | 33.0% | 4.7% | 8.2% | 6.3% | 3.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 26 years · Updated daily
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Start ComparisonSWBI — Frequently Asked Questions
Quick answers to the most common questions about buying SWBI stock.
What is Smith & Wesson Brands, Inc.'s P/E ratio?
Smith & Wesson Brands, Inc.'s current P/E ratio is 50.6x. The historical average is 17.9x. This places it at the 95th percentile of its historical range.
What is Smith & Wesson Brands, Inc.'s EV/EBITDA?
Smith & Wesson Brands, Inc.'s current EV/EBITDA is 13.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.0x.
What is Smith & Wesson Brands, Inc.'s ROE?
Smith & Wesson Brands, Inc.'s return on equity (ROE) is 3.5%. The historical average is 24.6%.
Is SWBI stock overvalued?
Based on historical data, Smith & Wesson Brands, Inc. is trading at a P/E of 50.6x. This is at the 95th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Smith & Wesson Brands, Inc.'s dividend yield?
Smith & Wesson Brands, Inc.'s current dividend yield is 3.42% with a payout ratio of 172.0%.
What are Smith & Wesson Brands, Inc.'s profit margins?
Smith & Wesson Brands, Inc. has 26.8% gross margin and 5.0% operating margin.
How much debt does Smith & Wesson Brands, Inc. have?
Smith & Wesson Brands, Inc.'s Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.