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Stock research / United States / RH · Retail-Furniture Stores · NYSE

RH (RH)

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RH (RH) reported revenue of $922 million for Q2 FY2026, the quarter ended 1 August 2026, up 2.6% on the same quarter a year earlier. Net income was $60 million, up 16.4% on the year, and diluted earnings per share $3.06. The figures are the company's own, from the 10-Q it filed with the SEC on 10 September 2026.

Revenue$922 millionup 2.6%
Net income$60 millionup 16.4%
Diluted EPS$3.06
QuarterQ2 FY2026ended 1 August 2026

RH (RH) in brief

RH (RH) reported revenue of $3.4 billion for fiscal 2025, the year ended 31 January 2026, up 8.1% on the year before.
Read moreNet income was $125 million and diluted earnings per share $6.31. Revenue was $3.2 billion in fiscal 2024, $3.0 billion in fiscal 2023, $3.6 billion in fiscal 2022 and $3.8 billion in fiscal 2021. Net income in the same years was $72 million, $128 million, $529 million and $689 million. Over the twelve months to 1 August 2026, RH reported revenue of $3.4 billion and net income of $112 million. Revenue grew 3.8% a year, compounded, over the five years to fiscal 2025. RH had 19 million shares outstanding at the latest filed count. At 1 August 2026 it carried $2.4 billion of debt and $125 million of cash. At the close of 8 October 2026 the market cap of RH was $2.2 billion, 20.2 times its earnings over the last twelve months.

Ratios

From the filings

ROE92.7%
ROCE13.8%
Operating margin10.0%
Net margin3.2%
FCF margin7.3%
Interest covern/a
Debt to equity19.69
Cash conversion3.82
Share count, 1 year1.0%
Sales CAGR, 3 years-1.4%
Profit CAGR, 3 years-38.2%
EPS, TTM$5.62

At the close of 8 October 2026

Price$113.67
Market cap$2.2 billion
Stock P/E20.23
Price to book17.88
EV / EBITDA8.75
Dividend yieldn/a
Market cap / sales0.62
52-week high$232.90
52-week low$112.85
Price, 1 year-43.0%
Price CAGR, 3 years-22.7%
Price CAGR, 5 years-29.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on the total debt RH states in its own filing, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
RHgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on RH

Filings16 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 regulation fd disclosure; 1 shareholder vote; 1 officer or director change
Planned insider sales12 Form 144 notices in twelve months, $26.4 million; latest 22 September 2026
Options tapeput/call 1.29 by open interest at the 8 October 2026 close; the straddle prices a 7.2% move to 16 October 2026
13F holders10 of the followed funds hold it; largest FMR LLC; 6 Schedule 13D or 13G filings in twelve months
Insider trading33 sales and 3 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest5.0 million shares short, 5.14 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue751738727830812812814899884843800922
Cost of revenue411417411455450450459490494481469477
Gross profit340321316375361363355409390361331445
Gross margin45%43%43%45%45%45%44%46%44%43%41%48%
SG&A289257261279260292299280284265297337
Operating income51.264.354.796.110170.355.912910696.634.2108
Operating margin7%9%8%12%13%9%7%14%12%11%4%12%
Interest expense54.699.056.859.357.660.9n/an/an/an/an/an/a
Pre-tax income-8.78.2-3.337.543.910.53.072.148.143.8-19.258.4
Tax raten/a-77%n/a10%21%-58%106%26%24%31%n/a28%
Net income-2.211.4-3.629.033.213.98.051.736.328.8-13.760.2
Net margin-0%2%-0%3%4%2%1%6%4%3%-2%7%
Diluted EPS-$0.12$0.57-$0.20$1.45$1.66$0.69$0.40$2.62$1.83$1.46-$0.73$3.06
Operating cash flow67.8-11456.111.2-31.4-18.886.613813296.152.5145
Capital expenditure50.213866.349.164.650.952.657.048.841.539.245.6
Free cash flow17.6-251-10.1-37.9-96.0-69.734.180.783.054.613.399.6
Buybacks44.6n/an/an/an/an/an/an/an/an/an/an/a
Shares outstanding18m18m18m18m19m19m19m19m19m19m19m19m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Revenue1,8672,1092,1352,4402,5062,6472,8493,7593,5903,0293,1813,4403,449
Cost of revenue1,1771,3561,4551,6011,5201,5521,5231,9031,7781,6401,7661,9241,922
Gross profit6917536808399861,0951,3261,8551,8121,3891,4151,5161,527
Gross margin37.0%35.7%31.8%34.4%39.3%41.4%46.5%49.4%50.5%45.9%44.5%44.1%44.3%
Selling, general and administrative5255676277227247328599281,0901,0231,0921,1281,183
Operating income16618653.0117262363467927722366323387344
Operating margin8.9%8.8%2.5%4.8%10.4%13.7%16.4%24.7%20.1%12.1%10.1%11.3%10.0%
Interest expense17.635.744.556.067.887.269.266.9152238235228n/a
Pre-tax income1481508.622.516126937682243715677.2167131
Income tax57.258.83.225.125.248.8105134-91.428.34.847.235.3
Effective tax rate38.6%39.2%36.9%111.5%15.7%18.1%27.8%16.2%-20.9%18.1%6.2%28.2%26.9%
Net income91.091.15.4-2.613622027268952912872.4125112
Net margin4.9%4.3%0.3%-0.1%5.4%8.3%9.5%18.3%14.7%4.2%2.3%3.6%3.2%
Diluted EPS$2.20$2.16$0.13-$0.10$5.12$9.07$9.96$22.13$19.90$5.91$3.62$6.31$5.62
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
RH Segment2,8362,9883,24194.2%
Waterworks1941931985.8%
RH SegmentWaterworks
3,029FY20243,181FY20253,440FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Operating cash flown/an/a80.547525033950166240420217.1452426
Capital expenditure11011917068.480.093.6111185174269231200175
Free cash flown/an/a-89.5406170246390477230-67.1-214252251
Free cash flow marginn/an/a-4.2%16.6%6.8%9.3%13.7%12.7%6.4%-2.2%-6.7%7.3%7.3%
Cash from investingn/an/a-311123-80.0-123-198-194-171-307-240-224-132
Cash from financingn/an/a-2.2-687-189-175-2441,607-902-1,283131-219-202
Depreciation and amortisation34.544.657.083.291.410110096.0109119130148158
Share-based compensation17.124.229.250.724.021.814648.543.539.444.243.944.3
Buybacksn/an/an/a1,000250250n/an/a1,0001,25312.0n/an/a
Diluted shares, weighted41m42m41m27m27m24m27m31m27m22m20m20m20m
Shares outstanding at period end40m41m41m22m20m19m21m22m22m18m19m19m19m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024FY2025TTM
Funded by
Shareholders' equity703886924-8.2-38.718.74471,170785-297-16460.6120
Debt284n/an/a79.557.531.114.61,9882,4322,4142,5962,3992,370
Operating lease liabilitiesn/an/an/an/a438410448541506576573705749
Finance lease liabilitiesn/an/an/an/a421443485561653567631719837
Other liabilities5391,1821,2691,6621,5451,5431,5031,2819348859189531,054
Total liabilities and equity1,5262,0682,1931,7332,4232,4462,8985,5405,3094,1444,5554,8365,131
Owned
Fixed assets3915166828019539681,0771,2281,6361,6861,8832,1592,594
Goodwill124124174142124124141141141141141144144
Intangible assets48.648.510110186.086.0n/an/an/an/an/an/an/a
Investments80.5153176n/an/an/an/an/an/an/an/an/an/a
Cash and equivalents14633187.017.95.847.71002,1781,50812430.441.2125
Receivables26.028.634.231.440.249.059.557.959.855.163.563.479.1
Other assets7108679396401,2141,1711,5201,9361,9642,1382,4372,4282,188
Total assets1,5262,0682,1931,7332,4232,4462,8985,5405,3094,1444,5554,8365,131
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.0%3.8%-1.4%3.3%
Profit growth, compounded3.2%-14.4%-38.2%4.4%
Return on equity, averagen/an/an/a205.9%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Retail

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
GAP Inc. GAP$8.3 billion7.0531.6%11.0%1.1%0.382.8%
Chewy, Inc. CHWY$7.8 billion28.6573.9%2.5%5.9%1.60n/a
Lithia Motors Inc. LAD$6.4 billion9.5811.2%4.1%2.1%1.800.8%
Sprouts Farmers Market, Inc. SFM$6.2 billion12.6533.5%7.4%7.2%0.07n/a
Abercrombie & Fitch Co. ANF$6.0 billion12.1139.6%13.7%4.7%0.000.0%
Albertsons Companies, Inc. ACI$6.0 billion154.254.1%0.7%2.7%5.224.9%
Macy's, Inc. M$6.0 billion8.3515.2%5.0%0.3%0.493.2%
Autonation, Inc. AN$5.2 billion7.2834.3%4.8%-0.1%1.58n/a
Ollie's Bargain Outlet Holdings, Inc. OLLI$5.2 billion19.3514.4%12.3%14.4%0.001.2%
Floor & Decor Holdings, Inc. FND$5.0 billion21.639.3%6.4%2.4%0.08n/a
Bath & Body Works, Inc. BBWI$3.6 billion4.61n/a16.7%-2.2%n/a4.5%
RH RH$2.2 billion20.2392.7%10.0%3.3%19.69n/a
All 45 in Retail
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Amazon.com Inc. AMZN$2.74 trillion20.4424.5%12.1%15.8%0.24n/a
Walmart Inc. WMT$877.2 billion39.9122.5%4.4%6.2%0.410.9%
Costco Wholesale Corp. COST$420.2 billion45.6625.8%3.9%10.1%0.110.6%
Home Depot, Inc. HD$294.9 billion20.6885.6%12.4%2.5%2.643.1%
TJX Companies Inc. TJX$152.8 billion25.6557.0%n/a7.7%0.181.2%
CVS Health Corp. CVS$112.2 billion23.236.1%2.0%7.4%0.753.0%
Lowe's Companies Inc. LOW$105.9 billion15.96n/a11.4%8.2%n/a2.5%
Sherwin Williams Co. SHW$77.9 billion29.5969.7%n/a5.8%3.131.0%
ROSS Stores, Inc. ROST$72.0 billion27.2639.4%13.7%14.0%0.150.7%
Target Corp. TGT$70.3 billion16.0724.6%5.6%2.0%0.803.0%
O'Reilly Automotive, Inc. ORLY$70.2 billion27.39n/a19.6%8.5%n/an/a
Fastenal Co. FAST$57.9 billion42.7933.2%20.3%12.5%0.031.8%
Autozone Inc. AZO$47.5 billion20.01n/a18.0%5.7%n/an/a
Carvana Co. CVNA$46.8 billion33.4438.9%8.9%54.0%1.21n/a
JD.com, Inc. JD *$37.0 billion13.988.7%0.2%13.0%0.333.9%
Kroger Co. KR$36.3 billion33.3818.6%1.4%1.6%2.632.3%
Williams Sonoma Inc. WSM$28.1 billion24.4655.1%19.2%2.2%0.001.2%
Dollar General Corp. DG$27.4 billion16.1618.3%5.6%4.8%0.491.9%
Copart Inc. CPRT$25.5 billion17.7316.3%35.4%0.4%0.00n/a
Ulta Beauty, Inc. ULTA$24.2 billion20.5645.8%12.5%11.2%0.130.0%
Caseys General Stores Inc. CASY$23.7 billion30.9418.9%8.3%13.8%0.570.2%
Dollar Tree, Inc. DLTR$22.3 billion14.4847.1%11.0%8.2%0.86n/a
Best Buy Co., Inc. BBY$18.6 billion14.7140.0%4.1%1.4%0.364.3%
CDW Corp. CDW$17.5 billion16.8144.2%7.1%7.4%1.971.8%
Tractor Supply Co. TSCO$17.5 billion17.4438.5%8.5%4.0%0.822.8%
Burlington Stores, Inc. BURL$17.4 billion24.8535.7%7.7%10.9%0.95n/a
Penske Automotive Group, Inc. PAG$13.0 billion14.5815.6%n/a0.6%0.892.6%
BJ's Wholesale Club Holdings, Inc. BJ$12.5 billion21.6727.1%3.8%9.1%0.18n/a
Dick'S Sporting Goods, Inc. DKS$12.1 billion14.4614.7%5.5%53.5%0.333.6%
Five Below, Inc. FIVE$11.5 billion18.8325.0%14.7%25.6%0.000.0%
GameStop Corp. GME$11.4 billion16.6314.5%13.5%-7.7%0.680.4%
Murphy USA Inc. MUSA$9.5 billion15.7478.9%4.3%10.3%2.770.4%
FirstCash Holdings, Inc. FCFS$9.2 billion24.1416.7%12.8%21.6%1.010.8%
GAP Inc. GAP$8.3 billion7.0531.6%11.0%1.1%0.382.8%
Chewy, Inc. CHWY$7.8 billion28.6573.9%2.5%5.9%1.60n/a
Lithia Motors Inc. LAD$6.4 billion9.5811.2%4.1%2.1%1.800.8%
Sprouts Farmers Market, Inc. SFM$6.2 billion12.6533.5%7.4%7.2%0.07n/a
Abercrombie & Fitch Co. ANF$6.0 billion12.1139.6%13.7%4.7%0.000.0%
Albertsons Companies, Inc. ACI$6.0 billion154.254.1%0.7%2.7%5.224.9%
Macy's, Inc. M$6.0 billion8.3515.2%5.0%0.3%0.493.2%
Autonation, Inc. AN$5.2 billion7.2834.3%4.8%-0.1%1.58n/a
Ollie's Bargain Outlet Holdings, Inc. OLLI$5.2 billion19.3514.4%12.3%14.4%0.001.2%
Floor & Decor Holdings, Inc. FND$5.0 billion21.639.3%6.4%2.4%0.08n/a
Bath & Body Works, Inc. BBWI$3.6 billion4.61n/a16.7%-2.2%n/a4.5%
RH RH$2.2 billion20.2392.7%10.0%3.3%19.69n/a
No other company here shares its SEC industry code (Retail-Furniture Stores); these are the names nearest in size in its wider industry, Retail, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q1 August 202610 September 2026EDGAR
10-Q2 May 202611 June 2026EDGAR
10-K31 January 20261 April 2026EDGAR
10-Q1 November 202511 December 2025EDGAR
10-Q2 August 202511 September 2025EDGAR
10-Q3 May 202512 June 2025EDGAR
10-K1 February 20252 April 2025EDGAR
10-Q2 November 202412 December 2024EDGAR
10-Q3 August 202412 September 2024EDGAR
10-Q4 May 202413 June 2024EDGAR

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