Latest Ratios: P/E Ratio 64.4x · EV/EBITDA 17.2x · ROE 1.9%. (2016–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $264M | $196M | $429M | $381M | $411M | $865M | $867M | $162M | $252M | — | — |
| Enterprise Value | $355M | $286M | $528M | $470M | $514M | $881M | $789M | $113M | $203M | — | — |
| P/E Ratio → | 64.43 | 47.57 | 37.04 | 15.97 | 15.51 | 18.83 | 58.90 | — | — | — | — |
| P/S Ratio | 0.38 | 0.28 | 0.63 | 0.54 | 0.63 | 1.74 | 2.70 | 0.69 | 1.52 | — | — |
| P/B Ratio | 1.21 | 0.90 | 1.98 | 1.75 | 2.13 | 5.48 | 8.03 | 1.80 | 3.19 | — | — |
| P/FCF | 10.09 | 7.48 | 24.58 | 8.07 | — | 49.33 | 27.55 | — | — | — | — |
| P/OCF | 5.35 | 3.97 | 11.01 | 4.99 | — | 26.49 | 21.39 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.41 | 0.78 | 0.67 | 0.79 | 1.77 | 2.46 | 0.49 | 1.22 | — | — |
| EV / EBITDA | 17.25 | 13.92 | 18.64 | 11.01 | 10.75 | 18.19 | 36.69 | — | — | — | — |
| EV / EBIT | 66.14 | 53.40 | 32.13 | 14.76 | 13.90 | 21.71 | 53.00 | — | — | — | — |
| EV / FCF | — | 10.94 | 30.27 | 9.94 | — | 50.25 | 25.06 | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
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 | 54.2% | 54.2% | 58.5% | 57.3% | 52.8% | 54.9% | 54.5% | 50.0% | 54.8% | 56.2% | 54.6% |
| Operating Margin | 0.8% | 0.8% | 2.0% | 4.3% | 5.7% | 8.1% | 4.6% | -6.8% | -4.2% | -4.9% | -8.1% |
| Net Profit Margin | 0.6% | 0.6% | 1.7% | 3.4% | 4.1% | 9.5% | 4.6% | -6.5% | -4.0% | -5.4% | -9.0% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.9% | 1.9% | 5.3% | 11.6% | 15.1% | 35.7% | 14.9% | -18.0% | -13.1% | -35.9% | -142.0% |
| ROA | 0.8% | 0.8% | 2.3% | 5.4% | 6.8% | 17.6% | 9.9% | -13.2% | -9.2% | -17.7% | -35.7% |
| ROIC | 1.3% | 1.3% | 3.3% | 7.5% | 11.8% | 29.9% | 31.3% | -33.2% | -23.9% | -31.6% | -61.4% |
| ROCE | 1.4% | 1.4% | 3.6% | 8.6% | 12.7% | 22.0% | 14.3% | -18.2% | -13.4% | -28.3% | -72.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.88 | 0.88 | 0.85 | 0.81 | 0.76 | 0.69 | — | — | 0.00 | 0.00 | 0.47 |
| Debt / EBITDA | 9.36 | 9.36 | 6.45 | 4.11 | 3.07 | 2.24 | — | — | — | — | — |
| Net Debt / Equity | — | 0.41 | 0.46 | 0.41 | 0.53 | 0.10 | -0.73 | -0.54 | -0.62 | -0.39 | 0.34 |
| Net Debt / EBITDA | 4.41 | 4.41 | 3.50 | 2.07 | 2.16 | 0.33 | -3.64 | — | — | — | — |
| Debt / FCF | — | 3.46 | 5.69 | 1.87 | — | 0.92 | -2.49 | — | — | — | — |
| Interest Coverage | — | — | — | — | 315.95 | 226.69 | 220.82 | — | — | -11.50 | -10.91 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.61 | 1.61 | 1.59 | 2.02 | 2.29 | 1.93 | 2.55 | 3.09 | 3.46 | 1.77 | 1.34 |
| Quick Ratio | 0.89 | 0.89 | 0.79 | 1.09 | 0.83 | 0.99 | 1.65 | 1.97 | 2.39 | 1.08 | 0.38 |
| Cash Ratio | 0.69 | 0.69 | 0.54 | 0.82 | 0.53 | 0.81 | 1.39 | 1.50 | 1.99 | 0.55 | 0.09 |
| Asset Turnover | — | 1.30 | 1.28 | 1.45 | 1.59 | 1.35 | 1.88 | 1.86 | 1.58 | 2.46 | 3.68 |
| Inventory Turnover | 3.00 | 3.00 | 2.27 | 3.04 | 2.57 | 2.07 | 2.90 | 3.21 | 2.87 | 3.83 | 3.67 |
| Days Sales Outstanding | — | 6.14 | 9.00 | 7.02 | 5.10 | 6.43 | 6.80 | 11.24 | 8.70 | 10.06 | 4.82 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.6% | 2.1% | 2.7% | 6.3% | 6.4% | 5.3% | 1.7% | — | — | — | — |
| FCF Yield | 9.9% | 13.4% | 4.1% | 12.4% | — | 2.0% | 3.6% | — | — | — | — |
| Buyback Yield | 2.3% | 3.1% | 4.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 2.3% | 3.1% | 4.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $15M | $17M | $16M | $16M | $16M | $15M | $14M | $11M | $13M | $13M |
High Customer Acquisition Costs
Based on reported figures, the company's forward P/E of 30.41 suggests that investors are pricing in a significant recovery in earnings, despite the TTM P/E of 60.46 reflecting a period of compressed profitability that may not align with current consumer discretionary spending trends.
The valuation appears to hinge on the assumption that the company can transition from a high-growth, high-spend model to a mature, margin-accretive retailer. Given the volatility in recent quarterly earnings, the current forward multiple may be overly optimistic if the company fails to demonstrate sustained operating leverage.
As reported in financial statements, ROIC has fluctuated wildly from a peak of 11.3% in 2025Q4 to a negative 4.0% in 2027Q1, indicating that the company struggles to consistently compound capital during non-peak periods when marketing and overhead costs overwhelm gross profit generation.
The inability to maintain positive returns on invested capital suggests that the company's current showroom expansion strategy is not yet yielding the expected efficiency gains. Investors should monitor whether future capital allocation shifts toward optimizing existing footprints rather than aggressive new store openings.
According to recent SEC filings, the cash conversion cycle has expanded significantly, reaching 135 days in 2026Q1, which highlights the company's reliance on inventory management to navigate the inherent seasonality of the premium furniture market and the resulting pressure on liquidity.
The high days inventory outstanding (DIO) suggests that the modular product strategy requires substantial carrying costs, which may become a liability if consumer demand softens. The variability in the CCC indicates that the company's working capital efficiency is highly sensitive to logistics and demand forecasting accuracy.
Based on reported figures, the debt-to-equity ratio has remained relatively stable near 0.93, yet the lack of consistent interest coverage data warrants caution regarding the company's ability to service its obligations during prolonged periods of negative operating cash flow.
While the leverage profile does not currently signal immediate distress, the thin net margins leave little room for error in a high-rate environment. The company's reliance on debt to fund operations during seasonal troughs suggests that its financial flexibility is more constrained than the headline D/E ratio implies.
Analysis of recent SEC filings reveals that the market frequently misapplies standard P/S multiples to the company, failing to account for the 'pseudo-recurring' revenue potential of the modular Sactional ecosystem which differentiates it from traditional one-and-done furniture retailers.
By treating the company as a standard cyclical retailer, investors may be underestimating the long-term lifetime value of the customer base. A more appropriate metric would be an adjusted LTV/CAC ratio that accounts for the high-margin attachment rates of covers and accessories rather than just top-line sales volume.
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying LOVE stock.
The Lovesac Company's current P/E ratio is 64.4x. The historical average is 32.3x. This places it at the 100th percentile of its historical range.
The Lovesac Company's current EV/EBITDA is 17.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.2x.
The Lovesac Company's return on equity (ROE) is 1.9%. The historical average is -42.4%.
Based on historical data, The Lovesac Company is trading at a P/E of 64.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
The Lovesac Company has 54.2% gross margin and 0.8% operating margin.
The Lovesac Company's Debt/EBITDA ratio is 9.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.