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SBDSSolo Brands, Inc.
$3.45$9M
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Solo Brands, Inc. (SBDS) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA 0.8x · ROE -118.8%. (2019–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SBDS 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 2019
Market Cap$9M$10M——————
Enterprise Value$4M$5M——————
P/E Ratio →-0.04———————
P/S Ratio0.030.03——————
P/B Ratio0.110.19——————
P/FCF————————
P/OCF————————

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

SBDS EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
EV / Revenue—0.02——————
EV / EBITDA0.790.92——————
EV / EBIT————————
EV / FCF————————

SBDS 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 2019
Gross Margin51.3%51.3%57.3%61.1%61.5%64.1%65.2%56.8%
Operating Margin-6.3%-6.3%-38.4%-46.1%11.9%17.1%-15.3%-71.9%
Net Profit Margin-45.9%-45.9%-24.9%-22.5%-1.5%12.1%-18.1%-74.1%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
ROE-118.8%-118.8%-40.1%-23.5%-1.3%10.7%-11.9%-39.8%
ROA-34.0%-34.0%-19.6%-14.6%-0.9%7.1%-7.5%-28.0%
ROIC-11.6%-11.6%-35.1%-28.5%6.9%9.8%-6.6%-23.2%
ROCE-5.8%-5.8%-37.0%-33.4%7.8%11.5%-8.1%-29.3%

SBDS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Debt / Equity0.310.310.160.490.200.220.220.32
Debt / EBITDA2.762.76——1.321.47——
Net Debt / Equity—-0.080.100.440.160.180.120.25
Net Debt / EBITDA-0.76-0.76——1.051.18——
Debt / FCF———3.053.89—1.28—
Interest Coverage-0.75-0.75-12.511.924.946.79-6.52-55.26

Net cash position: cash ($20M) exceeds total debt ($16M)

SBDS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Current Ratio2.962.961.412.212.913.410.381.60
Quick Ratio1.241.240.520.900.931.210.270.84
Cash Ratio0.420.420.100.220.350.540.240.66
Asset Turnover—0.880.920.750.600.480.250.38
Inventory Turnover1.891.891.791.651.501.423.242.95
Days Sales Outstanding—34.3231.6739.4521.2319.4511.4011.72

SBDS 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 2019
Dividend Yield————————
Payout Ratio—————68.2%——

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Earnings Yield————————
FCF Yield————————
Buyback Yield0.0%0.0%——————
Total Shareholder Yield0.0%0.0%——————
Shares Outstanding—$2M$1M$2M$2M$2M$2M$2M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Capital structure insolvency risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Valuation Reflects Structural Uncertainty

Based on reported figures, the company trades at a P/S multiple of 0.03, which, when compared to the broader specialty retail sector, suggests that investors are pricing in significant terminal value risk rather than anticipating a recovery in the firm's core consumer discretionary product demand.

The current valuation multiples appear to reflect a market consensus that the company's growth trajectory has fundamentally shifted from a high-growth lifestyle platform to a distressed asset. Given the lack of positive earnings, traditional P/E metrics are non-informative, and the extremely low P/S ratio suggests that the market is heavily discounting the company's ability to return to historical profitability levels.

Capital Efficiency Decay Warrants Investigation

As reported in financial statements, the company's ROIC has deteriorated into negative territory, reaching -1.1% in 2026Q1, which indicates that the capital deployed into the business is currently failing to generate any economic return for shareholders compared to historical performance levels.

The consistent decline in ROIC suggests that the company's recent M&A strategy and operational investments have not yielded the expected synergies. This trend implies that the firm is struggling to maintain its competitive advantage, as the returns on invested capital are now insufficient to cover the cost of capital, potentially signaling a need for significant asset rationalization.

Working Capital Bloat Impairs Liquidity

According to recent SEC filings, the company's cash conversion cycle has expanded to 240 days in 2026Q1, a significant increase from prior periods, which highlights a growing inefficiency in managing inventory levels relative to the current pace of sales and customer demand.

The elevated Days Inventory Outstanding (DIO) of 217 days suggests that the company is holding excessive stock that may be at risk of obsolescence or margin-dilutive liquidation. This inefficiency in working capital management appears to be a primary driver of the firm's current liquidity strain, as cash remains trapped in unsold goods rather than fueling operational growth.

Debt Burden Constrains Financial Flexibility

Based on the company's latest quarterly filings, the debt-to-equity ratio has surged to 6.10, a dramatic increase that indicates the firm is becoming increasingly reliant on external financing to sustain operations while its equity base continues to erode due to persistent net losses.

The rising leverage profile, combined with negative interest coverage, suggests that the company's ability to service its debt obligations is becoming increasingly precarious. Investors should monitor whether the current debt structure contains restrictive covenants that could be triggered by further operational underperformance, potentially limiting the company's strategic options.

Misapplied Focus on Gross Margins

While analysts often cite the company's 51.30% gross margin as evidence of brand strength, this metric appears to be a misleading indicator of true earning power because it fails to account for the high customer acquisition costs required to maintain sales in a saturated market.

The reliance on gross margin as a proxy for health obscures the reality that the company's operating expenses are currently outpacing its contribution margins. A more appropriate metric for this business model would be the CAC-to-LTV ratio or contribution margin after marketing spend, which would provide a clearer picture of the actual profitability of the direct-to-consumer model.

Download Financial Ratios Data

Includes 30+ ratios · 7 years · Updated daily

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SBDS — Frequently Asked Questions

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

What is Solo Brands, Inc.'s P/E ratio?

Solo Brands, Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is Solo Brands, Inc.'s EV/EBITDA?

Solo Brands, Inc.'s current EV/EBITDA is 0.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 0.9x.

What is Solo Brands, Inc.'s ROE?

Solo Brands, Inc.'s return on equity (ROE) is -118.8%. The historical average is -32.1%.

Is SBDS stock overvalued?

Based on historical data, Solo Brands, Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Solo Brands, Inc.'s profit margins?

Solo Brands, Inc. has 51.3% gross margin and -6.3% operating margin.

How much debt does Solo Brands, Inc. have?

Solo Brands, Inc.'s Debt/EBITDA ratio is 2.8x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.