National Vision Holdings Inc

National Vision Holdings Inc

EYE · NASDAQ · Consumer Cyclical / Specialty Retail

18.30USD-0.27 (-1.48%)

Price History

Full chart

Market Stats

Previous Close18.57
Open18.30
Day Range17.28 – 18.63
52-Week Range14.75 – 30.02
Volume2.33M
Market Cap1.30B
P/E (TTM)26.47
Forward P/E15.58
EPS0.62
Dividend Yield0.00%
Beta0.98
50-Day Avg19.03
200-Day Avg22.74

About

National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company offers eyeglasses and contact lenses, and optical accessory products; and provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and DiscountContacts.com. It also offers health maintenance organization and optometric services. In addition, the company sells prescription and non-prescription eyewear, contact lenses and related accessories to retail customers. The company serves a diverse customer base, including price-driven consumers, style leaders, wellness shoppers with vision benefits, managed care customers, outside prescription customers, and progressive lens wearers. The company was formerly known as National Vision, Inc. and changed its name to National Vision Holdings, Inc. in March 2014. The company was founded in 1990 and is headquartered in Duluth, Georgia.

Company Details

  • SectorConsumer Cyclical
  • IndustrySpecialty Retail
  • CEOMr. Alexander N. Wilkes
  • Employees13.14K
  • HeadquartersBuilding 2200, Duluth, GA, United States, 30096, USA
  • Websitehttps://www.nationalvision.com

Leadership

  • Mr. L. Reade FahsExecutive Chairman of the Board · b. 1961
  • Mr. Alexander N. WilkesCEO & Director · b. 1979
  • Mr. Christopher J. LadenChief Financial Officer · b. 1987
  • Mr. Jared Brandman J.D.Senior VP, Chief Legal & Strategy Officer, General Counsel and Corporate Secretary · b. 1977
  • Mr. Bill ClarkSenior VP & Chief People Officer · b. 1975
  • Mr. Mark S. BannerSenior VP & President of America's Best · b. 1975
  • Mr. David CutlerChief Technology Officer · b. 1971
  • Tamara GonzalezVice President of Investor Relations
  • Mr. Joe VanDetteSenior VP and Chief Brand & Marketing Officer · b. 1978
  • Ms. Jacqueline GroveSenior VP of Talent, Development, Culture, Diversity, Equity & Inclusion and Philanthropy

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue932.70M1.06B1.20B1.38B1.54B1.72B1.71B2.08B1.64B2.13B1.82B1.99B
Growth (%)-+13.92%+12.58%+14.97%+11.75%+12.20%-0.73%+21.48%-20.91%+29.29%-14.26%+9.00%
Cost of Revenue453.45M491.10M544.78M636.97M713.57M806.52M786.62M904.78M667.66M1.00B764.06M910.62M
Gross Profit479.24M571.43M651.41M738.34M823.28M917.81M925.14M1.17B977.01M1.13B1.06B1.08B
Gross Margin51.38%53.78%54.46%53.69%53.57%53.23%54.05%56.49%59.40%52.93%58.10%54.18%
Operating Expense449.77M526.75M585.03M671.11M780.93M844.24M838.13M999.81M924.24M1.17B1.07B1.02B
Operating Income29.48M44.68M66.38M67.24M42.35M73.58M87.01M174.94M52.77M-46.83M-10.36M61.26M
Operating Margin3.16%4.20%5.55%4.89%2.76%4.27%5.08%8.41%3.21%-2.20%-0.57%3.08%
EBITDA35.84M97.36M118.38M138.38M116.49M151.03M178.59M276.74M158.73M53.12M89.58M149.78M
EBITDA Margin3.84%9.16%9.90%10.06%7.58%8.76%10.43%13.31%9.65%2.50%4.91%7.54%
Net Income-23.92M3.62M14.76M45.82M23.65M32.80M36.28M128.24M42.12M-65.90M-28.50M29.60M
Net Income Margin-2.56%0.34%1.23%3.33%1.54%1.90%2.12%6.17%2.56%-3.10%-1.56%1.49%
R&D---00-------
R&D as % of Total Revenue---0.00%0.00%-------
Interest Expense039.29M39.09M60.06M37.48M33.30M48.33M25.61M462.00K14.34M16.18M16.95M
Interest Expense % of Total Revenue0.00%3.70%3.27%4.37%2.44%1.93%2.82%1.23%0.03%0.67%0.89%0.85%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--1.48B1.53B1.58B1.66B2.03B2.33B2.29B2.29B2.17B2.01B2.13B
Total Liabilities--1.09B1.13B924.20M918.24M1.26B1.43B1.37B1.39B1.34B1.19B1.26B
Total Equity--386.23M401.89M659.59M743.15M776.44M906.50M925.98M901.11M829.42M816.33M869.53M
Cash--5.59M4.95M4.21M17.13M39.34M373.90M305.80M229.43M149.90M73.95M38.71M
Total Debt--747.83M745.63M569.24M578.11M953.40M1.04B973.25M1.00B923.15M816.03M694.60M
Net Debt--742.23M740.68M565.03M560.98M914.06M670.78M667.45M773.40M773.26M742.08M655.89M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow49.00M83.13M97.59M90.25M106.63M165.08M234.98M258.94M119.20M173.03M133.65M146.29M
Investing Cash Flow-55.70M-80.05M-91.66M-94.83M-104.22M-100.63M-76.41M-92.90M-110.89M-115.82M-96.09M-76.61M
Financing Cash Flow7.10M-4.32M-6.57M3.84M10.40M-42.14M176.28M-234.32M-84.56M-136.81M-113.34M-104.62M
Capital Expenditure52.02M77.16M90.03M93.22M104.49M101.33M76.82M95.52M113.55M114.77M95.50M72.84M
Free Cash Flow-3.02M5.97M7.56M-2.97M2.13M63.76M158.16M163.42M5.65M58.26M38.14M73.45M
Dividends Paid145.67M145.67M0170.98M200.00M566.55M13.11M-84.39M3.31M--
FCF to OCF-6.16%7.19%7.75%-3.29%2.00%38.62%67.31%63.11%4.74%33.67%28.54%50.21%
Dividend Paid to FCF-4828.21%2438.35%0.00%-5762.82%9367.68%888.62%8.29%-1493.40%5.68%--

Earnings

Report DateAug 14, 2017Dec 7, 2017Mar 8, 2018May 15, 2018Aug 14, 2018Nov 13, 2018Feb 27, 2019May 9, 2019Aug 6, 2019Nov 7, 2019Feb 26, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 3, 2021May 13, 2021Aug 12, 2021Nov 10, 2021Feb 28, 2022May 10, 2022Aug 11, 2022Nov 10, 2022Mar 1, 2023May 11, 2023Jul 26, 2023Nov 9, 2023Feb 27, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 25, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Mar 4, 2026May 13, 2026Aug 12, 2026Nov 4, 2026
EPS Estimate0.000.070.010.380.190.120.010.310.210.120.010.14-0.510.260.130.320.230.25-0.020.320.070.13-0.030.290.130.10-0.090.260.090.06-0.050.310.140.050.060.430.090.06
EPS Actual0.110.10-0.040.350.210.120.010.330.200.180.110.28-0.410.540.450.480.480.380.130.330.210.15-0.080.310.170.15-0.020.300.150.12-0.040.340.180.070.150.450.17-
Surprise-42.86%-500.00%-7.89%10.53%0.00%0.00%6.45%-4.76%50.00%1000.00%100.00%19.61%107.69%246.15%50.00%108.70%52.00%750.00%3.13%200.00%15.38%-166.67%6.90%30.77%50.00%77.78%15.38%66.67%100.00%12.28%9.68%28.57%40.00%155.97%4.65%88.89%-
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.30B
Enterprise Value1.95B
Trailing P/E26.47
Forward P/E15.58
Price / Sales0.64
Price / Book1.44
EPS0.62
Book Value11.35
Revenue (TTM)2.03B
Gross Profit (TTM)1.19B
EBITDA185.04M
Profit Margin2.47%
Operating Margin4.89%
Return on Equity5.76%
Return on Assets2.93%
Shares Outstanding79.07M
Shares Float77.00M
Beta0.98
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 11 analystsTarget 28.18
  • Strong Buy
    6
  • Hold
    5

Ownership Breakdown

Institutions
129.21%
Insiders
2.69%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    11.54M14.59%
  • Wellington Management Company LLP
    7.67M9.70%
  • Vanguard Portfolio Management, LLC
    5.75M7.27%
  • William Blair Investment Management, LLC
    4.75M6.00%
  • Engine Capital Management LP
    3.52M4.45%
  • Driehaus Capital Management LLC
    3.47M4.39%
  • Vanguard Capital Management, LLC
    3.44M4.35%
  • Dimensional Fund Advisors, Inc.
    3.38M4.28%
  • State Street Corp
    3.18M4.02%
  • Glenview Capital Management LLC
    3.10M3.92%
  • AllianceBernstein L.P.
    2.50M3.16%
  • Arrowstreet Capital Limited Partnership
    2.41M3.04%
  • Boston Partners Global Investors, Inc
    2.25M2.84%
  • Geode Capital Management, LLC
    2.19M2.77%
  • Victory Capital Management Inc.
    2.06M2.61%
  • Emerald Advisers, LLC
    2.01M2.54%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.88M6.17%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.42M3.06%
  • iShares Russell 2000 ETF
    2.04M2.57%
  • Fidelity Small Cap Value Fund
    1.93M2.44%