RH
RH Β· Homefurnishing Retail
$137.43
1.9%Wayfair
W Β· Homefurnishing Retail
$112.49
0.9%The short version
- Wayfair is the larger business, with $12.5B of revenue in fiscal 2025 against $3.4B for RH, about 3.6 times as much.
- RH grew revenue faster (8.1%, against 5.1%).
- RH kept more of each dollar of sales as operating profit (11.3% operating margin, against 0.1% operating margin).
- RH turned more of its sales into free cash flow (7.3% FCF margin, against 3.7% FCF margin).
| Latest fiscal year | RH Β· FY25 | W Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $2.7B | $14.8B |
| Revenue | $3.4B | $12.5B |
| Free cash flow | $252M | $464M |
| Net income | $125M | β$313M |
| Growth | ||
| Revenue growth | 8.1% | 5.1% |
| 5-year growth | 3.8% | β2.5% |
| Share count change | β1.0% | 4.1% |
| Profitability | ||
| Gross margin | 44.1% | 30.2% |
| Operating margin | 11.3% | 0.1% |
| Net margin | 3.6% | β2.5% |
| FCF margin | 7.3% | 3.7% |
| Return on capital | β | β |
| Return on equity | β | β |
| Balance sheet | ||
| Net debt | β | $1.7B |
| Net debt / EBITDA | β | 5.4x |
| Dividends and buybacks | $0.0M | $0.0M |
| Valuation & quality | ||
| P/E | 24.4x | β |
| Piotroski F-score | β | 6 |
FY16
RH $2.1B
W $3.4B
FY17
RH $2.4B
W $4.7B
FY18
RH $2.5B
W $6.8B
FY19
RH $2.6B
W $9.1B
FY20
RH $2.8B
W $14.1B
FY21
RH $3.8B
W $13.7B
FY22
RH $3.6B
W $12.2B
FY23
RH $3.0B
W $12.0B
FY24
RH $3.2B
W $11.9B
FY25
RH $3.4B
W $12.5B
RH
W
FY16
RH 2.5%
W β5.8%
FY17
RH 4.8%
W β5.0%
FY18
RH 10.5%
W β7.0%
FY19
RH 13.7%
W β10.2%
FY20
RH 16.4%
W 2.6%
FY21
RH 24.7%
W β0.7%
FY22
RH 20.1%
W β11.3%
FY23
RH 12.1%
W β6.8%
FY24
RH 10.1%
W β3.9%
FY25
RH 11.3%
W 0.1%
RH
W
FY16
RH β$89.5M
W β$33.9M
FY17
RH $406M
W β$66.8M
FY18
RH $170M
W β$74.3M
FY19
RH $246M
W β$469M
FY20
RH $390M
W $1.2B
FY21
RH $477M
W $309M
FY22
RH $230M
W β$860M
FY23
RH β$67.1M
W $201M
FY24
RH β$214M
W $244M
FY25
RH $252M
W $464M
RH
W
FY16
RH β
W β
FY17
RH β
W β
FY18
RH β
W β
FY19
RH β
W β
FY20
RH β
W β
FY21
RH β
W β
FY22
RH β
W β
FY23
RH β
W β
FY24
RH β
W β
FY25
RH β
W β
RH
W
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Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.