Latest Ratios: P/E Ratio -8.1x · EV/EBITDA 10.3x · ROE -11.1%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $1.6B | $4.1B | $3.6B | $5.5B | $9.3B | $9.0B | $8.1B | $8.8B | $15.1B | $18.8B |
| Enterprise Value | $7.8B | $7.0B | $9.1B | $8.7B | $11.2B | $14.4B | $14.2B | $14.2B | $15.3B | $25.1B | $30.1B |
| P/E Ratio → | -8.15 | — | — | — | 27.83 | 15.06 | — | 43.68 | — | 5.49 | 35.72 |
| P/S Ratio | 0.33 | 0.22 | 0.55 | 0.44 | 0.58 | 0.88 | 0.96 | 0.84 | 1.02 | 1.02 | 1.42 |
| P/B Ratio | 0.97 | 0.65 | 1.50 | 1.16 | 1.55 | 2.25 | 2.31 | 1.63 | 1.67 | 1.06 | 1.64 |
| P/FCF | 138.48 | 91.51 | 17.46 | 5.56 | — | 15.71 | 7.68 | 10.46 | 29.79 | 28.68 | 13.56 |
| P/OCF | 8.92 | 5.89 | 8.34 | 3.86 | — | 10.57 | 6.29 | 7.80 | 12.95 | 16.18 | 10.29 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.97 | 1.20 | 1.07 | 1.18 | 1.36 | 1.52 | 1.46 | 1.78 | 1.71 | 2.27 |
| EV / EBITDA | 10.29 | 9.24 | 23.24 | 35.08 | 18.39 | 10.77 | — | — | — | 15.93 | 19.59 |
| EV / EBIT | 17.46 | 350.24 | 258.95 | — | 28.53 | 14.19 | — | 17.28 | — | 23.87 | 83.59 |
| EV / FCF | — | 412.04 | 38.24 | 13.52 | — | 24.23 | 12.13 | 18.24 | 51.85 | 47.82 | 21.71 |
Margins and return-on-capital ratios measuring operating efficiency
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 | 33.8% | 33.8% | 33.6% | 30.0% | 30.0% | 31.8% | 32.8% | 33.3% | 34.9% | 34.5% | 33.2% |
| Operating Margin | 6.2% | 6.2% | 0.9% | -1.0% | 3.3% | 9.6% | -6.8% | -5.0% | -90.7% | 8.3% | 8.3% |
| Net Profit Margin | -4.0% | -4.0% | -2.8% | -4.8% | 2.1% | 5.9% | -8.2% | 1.1% | -80.2% | 18.6% | 4.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -11.1% | -11.1% | -7.4% | -11.7% | 5.1% | 15.4% | -17.3% | 2.1% | -71.1% | 21.5% | 8.0% |
| ROA | -2.6% | -2.6% | -1.9% | -3.1% | 1.4% | 4.3% | -5.1% | 0.6% | -27.2% | 8.2% | 2.6% |
| ROIC | 4.3% | 4.3% | 0.6% | -0.7% | 2.5% | 8.3% | -4.7% | -3.2% | -32.6% | 3.9% | 6.0% |
| ROCE | 5.3% | 5.3% | 0.8% | -0.9% | 3.0% | 9.2% | -5.3% | -3.6% | -36.2% | 4.2% | 6.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.36 | 2.36 | 1.86 | 1.76 | 1.71 | 1.32 | 1.59 | 1.28 | 1.33 | 0.74 | 1.04 |
| Debt / EBITDA | 7.46 | 7.46 | 13.14 | 21.98 | 9.88 | 4.12 | — | — | — | 6.68 | 7.74 |
| Net Debt / Equity | — | 2.28 | 1.79 | 1.65 | 1.63 | 1.22 | 1.34 | 1.21 | 1.24 | 0.71 | 0.99 |
| Net Debt / EBITDA | 7.19 | 7.19 | 12.63 | 20.64 | 9.41 | 3.79 | — | — | — | 6.38 | 7.35 |
| Debt / FCF | — | 320.53 | 20.78 | 7.96 | — | 8.52 | 4.46 | 7.78 | 22.05 | 19.15 | 8.15 |
| Interest Coverage | 0.06 | 0.06 | 0.12 | -0.80 | 1.67 | 3.97 | -2.67 | 2.71 | -16.92 | 13.18 | 0.89 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.07 | 1.07 | 1.14 | 1.16 | 1.32 | 1.31 | 1.28 | 1.38 | 2.33 | 1.41 | 1.74 |
| Quick Ratio | 0.57 | 0.57 | 0.56 | 0.63 | 0.60 | 0.68 | 0.83 | 0.84 | 1.85 | 0.83 | 1.25 |
| Cash Ratio | 0.08 | 0.08 | 0.08 | 0.11 | 0.09 | 0.13 | 0.27 | 0.12 | 0.15 | 0.11 | 0.14 |
| Asset Turnover | — | 0.67 | 0.69 | 0.67 | 0.71 | 0.74 | 0.64 | 0.62 | 0.49 | 0.44 | 0.39 |
| Inventory Turnover | 3.73 | 3.73 | 3.60 | 3.72 | 3.01 | 3.46 | 3.85 | 4.03 | 3.55 | 3.86 | 4.19 |
| Days Sales Outstanding | — | 50.01 | 42.27 | 53.63 | 48.23 | 51.70 | 65.26 | 69.19 | 91.49 | 46.53 | 75.59 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.2% | 7.7% | 2.9% | 5.1% | 7.1% | 4.2% | 4.4% | 4.8% | 4.9% | 2.8% | 1.7% |
| Payout Ratio | — | — | — | — | 195.4% | 63.3% | — | 365.4% | — | 15.6% | 62.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 3.6% | 6.6% | — | 2.3% | — | 18.2% | 2.8% |
| FCF Yield | 0.7% | 1.1% | 5.7% | 18.0% | — | 6.4% | 13.0% | 9.6% | 3.4% | 3.5% | 7.4% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 6.0% | 0.0% | 0.0% | 0.0% | 17.1% | 1.1% | 0.1% |
| Total Shareholder Yield | 5.2% | 7.7% | 2.9% | 5.1% | 13.0% | 4.2% | 4.4% | 4.8% | 22.0% | 4.0% | 1.8% |
| Shares Outstanding | — | $418M | $416M | $414M | $417M | $428M | $424M | $424M | $474M | $488M | $421M |
Persistent Revenue Contraction
According to current market data, Newell trades at a P/S of 0.34, which, when compared to stable consumer staples peers, suggests investors are pricing the company as a distressed turnaround play rather than a durable, long-term compounder of shareholder value in the household goods sector.
The forward P/E of 10.10 appears to bake in significant skepticism regarding management's ability to stabilize margins through the ongoing restructuring. This valuation discount likely reflects the market's concern that the company's earnings power remains structurally impaired by high interest burdens and persistent top-line contraction.
Based on reported financial statements, Newell's ROIC has struggled to exceed 1.6% over the last ten quarters, a figure that significantly lags the cost of capital and indicates that the firm is currently failing to generate meaningful economic returns on its invested capital base.
The persistent inability to drive ROIC above low single digits suggests that the company's historical acquisition strategy has left it with a bloated asset base that fails to produce adequate returns. Investors should monitor whether the current divestiture program can eventually improve these returns by shedding underperforming, capital-intensive segments.
As reported in recent quarterly filings, the cash conversion cycle has remained elevated, peaking at 106 days in 2024Q1, which highlights significant inefficiencies in managing inventory levels and supplier payment terms relative to the company's historical performance and broader industry benchmarks for consumer goods.
The high days inventory outstanding, which reached 128 days in early 2024, suggests that Newell is struggling to align production with actual retail sell-through. This inventory bloat ties up critical liquidity and increases the risk of future markdowns, further pressuring the company's already thin operating margins.
According to recent balance sheet data, the debt-to-equity ratio has climbed to 2.31 as of 2026Q1, a trend that warrants close investigation as it indicates a growing reliance on leverage to fund operations while the equity base continues to erode from persistent net losses.
The interest coverage ratio, which has frequently dipped into negative territory, suggests that the company's ability to service its debt is highly sensitive to operational volatility. This leverage profile leaves little room for error and may force management to prioritize debt reduction over necessary reinvestment in brand innovation.
Analysts frequently misapply the P/E ratio to Newell, as the metric is heavily distorted by non-recurring restructuring charges and goodwill impairments that do not reflect the company's underlying cash-generating capacity or its true operational health in the current, highly volatile consumer environment.
Because Newell's net income is frequently suppressed by accounting adjustments related to its ongoing portfolio transformation, the P/E ratio provides a misleading picture of valuation. Investors should instead focus on EV/EBITDA or free cash flow yields to better gauge the company's ability to generate cash after accounting for its significant debt obligations.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying NWL stock.
Newell Brands Inc.'s current P/E ratio is -8.1x. The historical average is 27.2x.
Newell Brands Inc.'s current EV/EBITDA is 10.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.6x.
Newell Brands Inc.'s return on equity (ROE) is -11.1%. The historical average is 6.1%.
Based on historical data, Newell Brands Inc. is trading at a P/E of -8.1x. Compare with industry peers and growth rates for a complete picture.
Newell Brands Inc.'s current dividend yield is 5.18%.
Newell Brands Inc. has 33.8% gross margin and 6.2% operating margin.
Newell Brands Inc.'s Debt/EBITDA ratio is 7.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.