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OLLIOllie's Bargain Outlet Holdings, Inc.
$74.21$4.5B
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Ollie's Bargain Outlet Holdings, Inc. (OLLI) Financial Ratios

Latest Ratios: P/E Ratio 19.1x · EV/EBITDA 13.0x · ROE 13.4%. (2013–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

OLLI Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$4.5B$6.8B$6.9B$4.5B$3.4B$3.1B$6.2B$3.5B$5.2B$3.6B$1.9B
Enterprise Value$4.9B$7.2B$7.2B$4.7B$3.7B$3.3B$6.2B$3.8B$5.1B$3.6B$2.0B
P/E Ratio →19.0828.3634.5224.6333.3919.7325.7424.7938.1328.3431.82
P/S Ratio1.692.573.032.121.881.773.452.484.153.352.14
P/B Ratio2.433.614.062.962.522.424.673.305.474.532.93
P/FCF23.0535.0164.4334.3254.78309.6618.87123.1899.2647.0737.65
P/OCF15.1322.9830.2817.5430.0369.0717.2733.1740.8637.6128.42

P/E links to full P/E history page with 30-year chart

OLLI EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.733.192.232.011.883.422.674.113.362.25
EV / EBITDA12.9919.1524.7017.8422.9614.3620.6019.8428.9224.4417.74
EV / EBIT15.2122.4229.0519.3825.6915.3821.4820.3229.4525.1818.35
EV / FCF—37.2067.8036.0358.46328.0818.69132.4998.2747.2039.53

OLLI Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin39.0%39.0%40.3%39.6%35.9%38.9%40.0%39.5%40.1%40.1%40.5%
Operating Margin12.2%12.2%11.0%10.8%7.2%11.7%15.3%12.2%13.1%12.6%11.5%
Net Profit Margin9.1%9.1%8.8%8.6%5.6%9.0%13.4%10.0%10.9%11.8%6.7%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE13.4%13.4%12.5%12.6%7.8%12.0%20.3%14.1%15.5%17.6%9.9%
ROA8.7%8.7%8.2%8.4%5.1%7.9%13.5%10.2%12.3%12.3%6.0%
ROIC11.1%11.1%9.9%10.3%6.4%11.2%16.0%11.6%14.3%13.1%10.4%
ROCE13.4%13.4%11.8%12.1%7.5%11.9%17.7%14.2%17.0%14.8%11.5%

OLLI Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.360.360.330.320.320.340.290.330.000.060.30
Debt / EBITDA1.811.811.921.862.761.881.291.870.000.331.72
Net Debt / Equity—0.230.210.150.170.14-0.040.25-0.050.010.15
Net Debt / EBITDA1.131.131.230.851.440.81-0.201.39-0.290.070.84
Debt / FCF—2.193.371.713.6818.41-0.189.31-0.990.131.88
Interest Coverage—————1025.20——137.3532.1318.38

OLLI Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.412.413.272.762.912.762.852.452.372.222.98
Quick Ratio0.780.781.451.161.090.991.600.560.410.350.98
Cash Ratio0.740.741.411.121.040.941.580.510.340.290.94
Asset Turnover—0.900.890.920.890.890.900.881.071.040.86
Inventory Turnover2.492.492.462.512.492.293.072.542.512.532.52
Days Sales Outstanding—0.520.380.390.470.290.130.740.170.430.12

OLLI Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield5.2%3.5%2.9%4.1%3.0%5.1%3.9%4.0%2.6%3.5%3.1%
FCF Yield4.3%2.9%1.6%2.9%1.8%0.3%5.3%0.8%1.0%2.1%2.7%
Buyback Yield1.6%1.1%0.8%1.2%1.2%7.1%0.0%1.1%0.0%0.0%0.0%
Total Shareholder Yield1.6%1.1%0.8%1.2%1.2%7.1%0.0%1.1%0.0%0.0%0.0%
Shares Outstanding—$62M$62M$62M$63M$65M$66M$66M$66M$65M$62M

Key Metrics

Growth RegimeExpanding
ProfitabilityStrong
Balance SheetFortress
Cash FlowMixed
Top Statement Risk

Inventory procurement volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Valuation Reflects Defensive Growth

Based on current market data, OLLI trades at a forward P/E of 18.58, which suggests investors are pricing in a premium for its defensive retail model compared to more distressed peers, despite a PEG ratio of 16.56 that warrants caution regarding near-term earnings growth expectations.

The current valuation multiples appear to reflect a market consensus that views the company as a stable compounder rather than a traditional cyclical retailer. However, the high PEG ratio suggests that the current share price may be outpacing the immediate earnings growth trajectory, necessitating a close watch on whether new store productivity can justify these levels.

Capital Efficiency Constrained by Expansion

According to historical financial data, OLLI's ROIC has fluctuated between 1.7% and 4.3% over the last ten quarters, indicating that the company's aggressive reinvestment into new store infrastructure is currently suppressing overall capital returns as the business scales its footprint into new, less familiar geographic markets.

The modest ROIC levels suggest that the capital-intensive nature of building out a distribution network and new store base is a significant drag on returns. Investors should monitor whether these returns improve as the newer store cohorts mature and reach the sales density levels of the established Mid-Atlantic base.

Working Capital Drag from Inventory

As reported in recent quarterly filings, the company's cash conversion cycle reached 121 days in 2026Q1, driven by a high days-inventory-outstanding of 159 days, which highlights the inherent operational friction of managing a lumpy, opportunistic inventory model that requires significant upfront capital commitment to secure brand-name closeouts.

The extended inventory cycle is a structural reality of the business model rather than a sign of operational failure, as the company must hold stock to maintain its 'treasure hunt' appeal. However, the reliance on such high inventory levels increases the risk of margin erosion should consumer demand for specific closeout categories soften unexpectedly.

Misapplied Focus on Comparable Sales

While market participants frequently emphasize comparable store sales as the primary health metric, this ratio often obscures the company's true value driver, which is the opportunistic procurement of distressed inventory that allows for high gross margins regardless of the specific performance of individual mature store locations.

Investors should instead focus on the 'New Store Productivity' and the total volume of closeout deals secured, as these metrics better capture the company's competitive advantage. Relying solely on comps may lead to an incorrect assessment of the business's health during periods of rapid geographic expansion where cannibalization is a natural byproduct.

Download Financial Ratios Data

Includes 30+ ratios · 13 years · Updated daily

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OLLI — Frequently Asked Questions

Quick answers to the most common questions about buying OLLI stock.

What is Ollie's Bargain Outlet Holdings, Inc.'s P/E ratio?

Ollie's Bargain Outlet Holdings, Inc.'s current P/E ratio is 19.1x. The historical average is 29.5x.

What is Ollie's Bargain Outlet Holdings, Inc.'s EV/EBITDA?

Ollie's Bargain Outlet Holdings, Inc.'s current EV/EBITDA is 13.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.6x.

What is Ollie's Bargain Outlet Holdings, Inc.'s ROE?

Ollie's Bargain Outlet Holdings, Inc.'s return on equity (ROE) is 13.4%. The historical average is 11.8%.

Is OLLI stock overvalued?

Based on historical data, Ollie's Bargain Outlet Holdings, Inc. is trading at a P/E of 19.1x. Compare with industry peers and growth rates for a complete picture.

What are Ollie's Bargain Outlet Holdings, Inc.'s profit margins?

Ollie's Bargain Outlet Holdings, Inc. has 39.0% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Ollie's Bargain Outlet Holdings, Inc. have?

Ollie's Bargain Outlet Holdings, Inc.'s Debt/EBITDA ratio is 1.8x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.