Smith & Wesson Brands, Inc. (SWBI) Financial Ratios
27 years of historical data (2000–2026) · Industrials · Aerospace & Defense
EV/EBITDA
↑
12.39
↑+52% vs avg
5yr avg: 8.18
30Y Low2.0·High21.5
P/FCF
↑
6.27
↓-69% vs avg
5yr avg: 20.54
30Y Low3.3·High49.7
P/B Ratio
↑
1.93
+17% vs avg
5yr avg: 1.65
30Y Low0.9·High7.4
ROE
↓
4.9%
↑-73% vs avg
5yr avg: 18.1%
30Y Low-100%·High226%
Debt/EBITDA
↑
0.89
↓-9% vs avg
5yr avg: 0.98
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 39.2x earnings, 82% above its 5-year average of 21.6x, sitting at the 95th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 53%. On a free-cash-flow basis, the stock trades at 6.3x P/FCF, 69% below the 5-year average of 20.5x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $715M | $703M | $423M | $785M | $555M | $655M | $963M | $400M | $418M | $464M | $969M |
| Enterprise Value | $740M | $728M | $513M | $802M | $566M | $575M | $891M | $477M | $579M | $624M | $1.1B |
| P/E Ratio → | 39.22 | 37.90 | 31.77 | 19.73 | 15.02 | 3.37 | 3.82 | — | 22.94 | 22.86 | 7.57 |
| P/S Ratio | 1.37 | 1.34 | 0.89 | 1.46 | 1.16 | 0.76 | 0.91 | 0.59 | 0.65 | 0.76 | 1.07 |
| P/B Ratio | 1.93 | 1.87 | 1.14 | 1.96 | 1.44 | 1.82 | 3.62 | 1.03 | 0.94 | 1.10 | 2.46 |
| P/FCF | 6.27 | 6.16 | — | 49.69 | — | 5.77 | 3.29 | 4.99 | 18.19 | 10.89 | 11.00 |
| P/OCF | 6.27 | 6.16 | — | 7.35 | 33.17 | 4.75 | 3.05 | 4.22 | 7.28 | 7.53 | 7.84 |
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 12.4x EBITDA, 52% above its 5-year average of 8.2x. The Industrials sector median is 13.8x, placing the stock at a 10% discount on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.39 | 1.08 | 1.50 | 1.18 | 0.67 | 0.84 | 0.70 | 0.91 | 1.03 | 1.25 |
| EV / EBITDA | 12.39 | 12.19 | 9.20 | 10.37 | 7.10 | 2.04 | 2.54 | 5.87 | 6.33 | 8.00 | 4.51 |
| EV / EBIT | 25.80 | 25.38 | 21.48 | 15.58 | 11.37 | 2.28 | 2.79 | 9.39 | 13.30 | 21.69 | 5.63 |
| EV / FCF | — | 6.38 | — | 50.77 | — | 5.06 | 3.05 | 5.94 | 25.18 | 14.66 | 12.78 |
SWBI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Smith & Wesson Brands, Inc. earns an operating margin of 5.5%, roughly in line with the Industrials sector average. Operating margins have compressed from 8.4% to 5.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.9% is modest, trailing the sector median of 8.2%. ROIC of 5.0% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.9% | 26.9% | 26.8% | 29.5% | 32.2% | 43.3% | 42.4% | 34.6% | 35.4% | 32.3% | 41.5% |
| Operating Margin | 5.5% | 5.5% | 5.0% | 8.4% | 10.1% | 29.1% | 30.2% | 7.4% | 6.0% | 4.5% | 22.1% |
| Net Profit Margin | 3.5% | 3.5% | 2.8% | 7.4% | 7.7% | 22.5% | 23.8% | -9.0% | 2.9% | 3.3% | 14.2% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.9% | 4.9% | 3.5% | 10.1% | 9.9% | 62.0% | 77.1% | -14.7% | 4.2% | 4.9% | 36.5% |
| ROA | 3.4% | 3.4% | 2.4% | 7.1% | 7.1% | 41.2% | 42.9% | -8.2% | 2.4% | 2.6% | 18.2% |
| ROIC | 5.0% | 5.0% | 4.1% | 8.3% | 10.7% | 79.5% | 72.8% | 7.0% | 4.8% | 3.6% | 35.7% |
| ROCE | 6.2% | 6.2% | 4.9% | 9.6% | 11.2% | 69.0% | 69.5% | 8.0% | 5.9% | 4.2% | 35.3% |
SWBI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Smith & Wesson Brands, Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (73% below the sector average of 3.2x). Net debt stands at $25M ($53M total debt minus $28M cash). Interest coverage of 4.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.14 | 0.14 | 0.31 | 0.19 | 0.17 | 0.11 | 0.15 | 0.52 | 0.45 | 0.50 | 0.55 |
| Debt / EBITDA | 0.89 | 0.89 | 2.06 | 1.01 | 0.81 | 0.14 | 0.12 | 2.48 | 2.21 | 2.68 | 0.87 |
| Net Debt / Equity | — | 0.07 | 0.24 | 0.04 | 0.03 | -0.22 | -0.27 | 0.20 | 0.36 | 0.38 | 0.40 |
| Net Debt / EBITDA | 0.42 | 0.42 | 1.61 | 0.22 | 0.14 | -0.29 | -0.21 | 0.94 | 1.76 | 2.05 | 0.63 |
| Debt / FCF | — | 0.22 | — | 1.07 | — | -0.71 | -0.25 | 0.95 | 7.00 | 3.76 | 1.78 |
| Interest Coverage | 3.99 | 3.99 | 5.16 | 25.04 | 150.32 | 117.87 | 81.56 | 4.37 | 4.45 | 2.58 | 23.29 |
SWBI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Smith & Wesson Brands, Inc.'s current ratio of 3.20x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.13x 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 3.05x to 3.20x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.20 | 3.20 | 4.16 | 3.05 | 3.35 | 3.68 | 2.13 | 3.03 | 2.68 | 2.69 | 2.11 |
| Quick Ratio | 1.13 | 1.13 | 1.31 | 1.35 | 1.32 | 2.15 | 1.51 | 2.23 | 1.21 | 1.16 | 1.23 |
| Cash Ratio | 0.44 | 0.44 | 0.38 | 0.64 | 0.61 | 1.36 | 0.90 | 0.96 | 0.37 | 0.49 | 0.41 |
| Asset Turnover | — | 1.02 | 0.85 | 0.93 | 0.89 | 1.74 | 2.37 | 0.93 | 0.83 | 0.81 | 1.15 |
| Inventory Turnover | 2.45 | 2.45 | 1.83 | 2.35 | 1.83 | 3.58 | 7.78 | 4.28 | 2.52 | 2.68 | 4.01 |
| Days Sales Outstanding | — | 31.10 | 43.01 | 41.57 | 42.90 | 27.30 | 23.55 | 33.61 | 49.96 | 36.84 | 48.13 |
SWBI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Smith & Wesson Brands, Inc. returns 3.4% to shareholders annually — split between a 3.2% dividend yield and 0.2% buyback yield. The payout ratio exceeds 100% at 125.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.5% (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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.2% | 3.3% | 5.5% | 2.8% | 3.3% | 2.3% | 0.9% | — | — | — | — |
| Payout Ratio | 125.7% | 125.7% | 172.0% | 55.6% | 49.7% | 7.7% | 3.3% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 2.6% | 3.1% | 5.1% | 6.7% | 29.7% | 26.1% | — | 4.4% | 4.4% | 13.2% |
| FCF Yield | 16.0% | 16.2% | — | 2.0% | — | 17.3% | 30.4% | 20.0% | 5.5% | 9.2% | 9.1% |
| Buyback Yield | 0.2% | 0.2% | 6.0% | 1.3% | 0.2% | 13.7% | 11.4% | 0.1% | 0.2% | 0.5% | 5.2% |
| Total Shareholder Yield | 3.4% | 3.5% | 11.5% | 4.1% | 3.5% | 16.0% | 12.3% | 0.1% | 0.2% | 0.5% | 5.2% |
| Shares Outstanding | — | $45M | $44M | $46M | $46M | $48M | $55M | $55M | $55M | $55M | $57M |
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 | $715M | 39.2 | 12.4 | 6.3 | 26.9% | 5.5% | 4.9% | 5.0% | 0.9 |
 RGR | $641M | -148.9 | 55.4 | 16.7 | 16.4% | -2.1% | -1.5% | -3.0% | 0.2 |
 AOUT | $154M | -1688.3 | 12.5 | — | 44.6% | -0.1% | -0.0% | -0.1% | 2.5 |
 OLN | $3B | -59.5 | 9.0 | 10.1 | 7.4% | 1.7% | -2.1% | 1.7% | 5.3 |
 POWW | $251M | -1.9 | — | — | 86.9% | -120.9% | -45.1% | -17.6% | — |
 KTOS | $10B | 417.0 | 112.5 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 AXON | $34B | 280.4 | 1651.5 | 454.4 | 59.7% | -2.2% | 4.5% | -1.3% | 90.6 |
 LMT | $118B | 23.8 | 16.0 | 17.0 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
 GD | $95B | 22.6 | 16.9 | 23.9 | 15.1% | 10.2% | 17.7% | 12.5% | 1.6 |
 BA | $176B | 89.8 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 SPXC | $12B | 48.0 | 24.5 | 50.5 | 36.7% | 16.8% | 13.6% | 13.4% | 1.0 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 27 years · Updated daily
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SWBI — 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 39.2x. The historical average is 18.8x. 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 12.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.2x.
What is Smith & Wesson Brands, Inc.'s ROE?
Smith & Wesson Brands, Inc.'s return on equity (ROE) is 4.9%. The historical average is 23.7%.
Is SWBI stock overvalued?
Based on historical data, Smith & Wesson Brands, Inc. is trading at a P/E of 39.2x. 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 3.19% with a payout ratio of 125.7%.
What are Smith & Wesson Brands, Inc.'s profit margins?
Smith & Wesson Brands, Inc. has 26.9% gross margin and 5.5% operating margin.
How much debt does Smith & Wesson Brands, Inc. have?
Smith & Wesson Brands, Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.