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Waldencast plc (WALD) 10-Year Financial Performance & Capital Metrics

WALD • • Industrial / General
TechnologyApplication SoftwareMarketing & Customer EngagementDigital Advertising
AboutWaldencast Acquisition Corp. a skin care company, provides advanced skin care treatments. Its products are designed to help minimize the appearance of premature skin aging, skin damage, hyperpigmentation, acne, and sun damage primarily available through dermatologists, plastic surgeons, medical spas, and other skin care professionals. Its portfolio includes Obagi Medical that provides transformational skin care products formulated to minimize signs of skin aging, address dark spots, hyperpigmentation, fine lines, and wrinkles and to protect and enhance skin tone and texture; and Obagi Clinical that offers skin care products designed to prevent the early signs of skin aging. The company was founded in 1988 and is based in White Plains, New York.Show more
  • Revenue $274M +25.5%
  • EBITDA $1M +106.7%
  • Net Income -$42M +52.8%
  • EPS (Diluted) -0.39 +56.2%
  • Gross Margin 48.1% -25.9%
  • EBITDA Margin 0.52% +105.3%
  • Operating Margin -21.39% +43.0%
  • Net Margin -15.5% +62.4%
  • ROE -5.66% +50.6%
  • ROIC -4.82% +24.8%
  • Debt/Equity 0.25 +8.0%
  • Interest Coverage -3.41 +21.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 15 (bottom 15%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* 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-
3Y24.34%
TTM48.52%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-109.93%

EPS CAGR

10Y-
5Y-
3Y-
TTM-79.01%

ROCE

10Y Avg-7.37%
5Y Avg-7.37%
3Y Avg-9.08%
Latest-6.24%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SEMRSemrush Holdings, Inc.1.54B11.88214.8322.47%-1.05%-1.51%2.8%0.05
APPAppLovin Corporation186.71B606.99133.9943.44%51.28%192.05%1.12%3.26
DSPViant Technology Inc.199.15M11.9499.5029.74%1.85%2.32%24.74%0.09
VTEXVtex327.46M3.3754.0112.5%7.03%6.81%7.69%0.01
TTDThe Trade Desk, Inc.15.95B36.2346.4525.63%15.72%16.86%3.96%0.11
PUBMPubMatic, Inc.299.11M7.8434.099.08%-2.51%-2.96%11.67%0.16
DVDoubleVerify Holdings, Inc.1.7B10.563314.72%6.1%4.16%7.79%0.08
MTCHMatch Group, Inc.7.46B31.6015.643.41%16.2%11.83%

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+94.43M142.47M166.13M218.14M273.87M
Revenue Growth %-0.51%0.17%0.31%0.26%
Cost of Goods Sold+29.1M55.04M126.7M76.56M82.12M
COGS % of Revenue0.31%0.39%0.76%0.35%0.3%
Gross Profit+65.33M87.44M39.44M141.58M131.73M
Gross Margin %0.69%0.61%0.24%0.65%0.48%
Gross Profit Growth %-0.34%-0.55%2.59%-0.07%
Operating Expenses+64.8M89.06M113.7M223.51M185.28M
OpEx % of Revenue0.69%0.63%0.68%1.02%0.68%
Selling, General & Admin60.42M71.62M109.3M220.31M245.3M
SG&A % of Revenue0.64%0.5%0.66%1.01%0.9%
Research & Development4.38M6.09M4.4M3.19M0
R&D % of Revenue0.05%0.04%0.03%0.01%-
Other Operating Expenses011.35M00-60.02M
Operating Income+528K-1.63M-74.27M-81.93M-58.58M
Operating Margin %0.01%-0.01%-0.45%-0.38%-0.21%
Operating Income Growth %--4.08%-44.7%-0.1%0.28%
EBITDA+13.95M12.28M-39.1M-21.43M1.43M
EBITDA Margin %0.15%0.09%-0.24%-0.1%0.01%
EBITDA Growth %--0.12%-4.18%0.45%1.07%
D&A (Non-Cash Add-back)13.42M13.9M35.17M60.5M60.02M
EBIT517K1.14M-134.42M-94.04M-31.38M
Net Interest Income+-6.28M-11.12M-12.87M-18.91M-17.16M
Interest Income0012.88K00
Interest Expense6.28M11.12M12.88M18.91M17.16M
Other Income/Expense-6.29M-8.35M-73.03M-31.01M5.01M
Pretax Income+-5.76M-9.97M-147.3M-112.94M-48.54M
Pretax Margin %-0.06%-0.07%-0.89%-0.52%-0.18%
Income Tax+-3.39M9.6M-5.69M-6.97M110K
Effective Tax Rate %0.41%1.96%0.79%0.8%0.87%
Net Income+-2.37M-19.58M-116.62M-89.98M-42.44M
Net Margin %-0.03%-0.14%-0.7%-0.41%-0.15%
Net Income Growth %--7.26%-4.96%0.23%0.53%
Net Income (Continuing)-2.37M-19.58M-141.61M-105.97M-48.65M
Discontinued Operations00000
Minority Interest00160.66M144.65M67.62M
EPS (Diluted)+-0.20-0.45-1.08-0.89-0.39
EPS Growth %--1.25%-1.4%0.18%0.56%
EPS (Basic)-0.20-0.45-1.08-0.89-0.39
Diluted Shares Outstanding11.68M43.71M107.56M101.23M109.3M
Basic Shares Outstanding11.68M43.71M107.56M101.23M109.3M
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+166.79K59.04M91.04M107.33M103.62M
Cash & Short-Term Investments012.79M8.69M22.58M14.8M
Cash Only012.79M8.69M22.58M14.8M
Short-Term Investments00000
Accounts Receivable018.74M19.54M22.43M26.28M
Days Sales Outstanding-48.0142.9437.5335.02
Inventory021.61M54.38M55.68M53.1M
Days Inventory Outstanding-143.32156.67265.47236.02
Other Current Assets166.79K929K2.15M1.36M1.93M
Total Non-Current Assets+166.79K125.55M999.03M935.38M872.24M
Property, Plant & Equipment01.2M24.71M17.52M15.67M
Fixed Asset Turnover-118.92x6.72x12.45x17.48x
Goodwill044.49M334.62M334.62M329.59M
Intangible Assets079.57M639.16M582.86M526.44M
Long-Term Investments0345.05M000
Other Non-Current Assets166.79K-344.76M535K380K541K
Total Assets+166.79K184.59M1.09B1.04B975.86M
Asset Turnover566.14x0.77x0.15x0.21x0.28x
Asset Growth %-1105.68%4.91%-0.04%-0.06%
Total Current Liabilities+177.74K40.8M72.5M62.71M76.89M
Accounts Payable177.74K12.68M24.25M28.09M25.09M
Days Payables Outstanding2.2384.0969.85133.9111.5
Short-Term Debt015.44M20.09M8.53M29.48M
Deferred Revenue (Current)001000K00
Other Current Liabilities05.81M1.19M23.7M2.43M
Current Ratio0.94x1.45x1.26x1.71x1.35x
Quick Ratio0.94x0.92x0.51x0.82x0.66x
Cash Conversion Cycle-107.23129.76169.1159.54
Total Non-Current Liabilities+0104.54M217.67M210.72M169.03M
Long-Term Debt0103.42M159.23M151.26M137.14M
Capital Lease Obligations0017.88M15.53M12.72M
Deferred Tax Liabilities0548K22.25M15.23M14.04M
Other Non-Current Liabilities0571K18.31M28.7M5.13M
Total Liabilities177.74K145.35M290.18M273.44M245.92M
Total Debt+0118.86M199.25M177.72M182.11M
Net Debt0106.07M190.55M155.15M167.3M
Debt / Equity-3.03x0.25x0.23x0.25x
Debt / EBITDA-9.68x--127.26x
Net Debt / EBITDA-8.64x--116.91x
Interest Coverage0.08x-0.15x-5.77x-4.33x-3.41x
Total Equity+-10.95K39.24M799.9M769.27M729.94M
Equity Growth %-3584.14%19.39%-0.04%-0.05%
Book Value per Share-0.000.907.447.606.68
Total Shareholders' Equity-10.95K39.24M639.24M624.63M662.32M
Common Stock8634M10K11K12K
Retained Earnings-10.95K-64.85M-156.78M-246.76M-289.2M
Treasury Stock00000
Accumulated OCI0-25K-29K-151K251K
Minority Interest00160.66M144.65M67.62M

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-7.43M3.53M-85.01M-29.77M-8.82M
Operating CF Margin %-0.08%0.02%-0.51%-0.14%-0.03%
Operating CF Growth %-1.47%-25.09%0.65%0.7%
Net Income-2.37M-19.58M-116.62M-89.98M-48.65M
Depreciation & Amortization13.42M13.9M35.17M60.5M60.02M
Stock-Based Compensation007.74M9.23M9.39M
Deferred Taxes-3.04M9.37M-5.73M-7.02M-1.19M
Other Non-Cash Items798K-761K27.55M-2.6M-21.64M
Working Capital Changes-16.24M588K-33.12M95K-6.76M
Change in Receivables-16.66M-5.06M3.58M-2.89M-2.85M
Change in Inventory4.44M-6.01M-6.63M-1.3M2.58M
Change in Payables-7.39M9.65M8.66M4.03M-3M
Cash from Investing+-1.71M-3.79M-545.28M-1.99M-2.92M
Capital Expenditures-1.71M-1.29M-2.5M-2.05M-3.01M
CapEx % of Revenue0.02%0.01%0.02%0.01%0.01%
Acquisitions-----
Investments-----
Other Investing0-2.5M44.39M00
Cash from Financing+14.32M5.16M633.35M44.33M5.58M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid-2.04M-2M000
Share Repurchases-----
Other Financing-1.02M-6.38M464.07M-3.75M-530K
Net Change in Cash-----
Free Cash Flow+-9.14M2.24M-87.51M-31.82M-11.83M
FCF Margin %-0.1%0.02%-0.53%-0.15%-0.04%
FCF Growth %-1.25%-40.03%0.64%0.63%
FCF per Share-0.780.05-0.81-0.31-0.11
FCF Conversion (FCF/Net Income)3.14x-0.18x0.73x0.33x0.21x
Interest Paid00005.05M
Taxes Paid9K0000

Key Ratios

Metric20202021202220232024
Return on Equity (ROE)--99.81%-27.8%-11.47%-5.66%
Return on Invested Capital (ROIC)--1.68%-9.81%-6.42%-4.82%
Gross Margin69.19%61.37%23.74%64.9%48.1%
Net Margin-2.51%-13.74%-70.2%-41.25%-15.5%
Debt / Equity-3.03x0.25x0.23x0.25x
Interest Coverage0.08x-0.15x-5.77x-4.33x-3.41x
FCF Conversion3.14x-0.18x0.73x0.33x0.21x
Revenue Growth-50.88%16.61%31.3%25.55%

Revenue by Segment

20232024
Product213.12M269.37M
Product Growth-26.40%
Royalty5.02M4.5M
Royalty Growth--10.41%

Revenue by Geography

20232024
North America154.36M202.26M
North America Growth-31.03%
the World58.76M67.11M
the World Growth-14.21%

Frequently Asked Questions

Growth & Financials

Waldencast plc (WALD) reported $514.9M in revenue for fiscal year 2024. This represents a 445% increase from $94.4M in 2020.

Waldencast plc (WALD) grew revenue by 25.5% over the past year. This is strong growth.

Waldencast plc (WALD) reported a net loss of $290.1M for fiscal year 2024.

Dividend & Returns

Waldencast plc (WALD) has a return on equity (ROE) of -5.7%. Negative ROE indicates the company is unprofitable.

Waldencast plc (WALD) had negative free cash flow of $39.5M in fiscal year 2024, likely due to heavy capital investments.

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