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Sally Beauty Holdings, Inc. (SBH) Fundamental Analysis & AI Grade 2026

SBH NYSE Retail-Retail Stores, NEC CIK: 0001368458
Updated This Month • Analysis: May 13, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
60% Confidence
N/A
C
60% Conf
Pending
Analysis scheduled

📊 SBH Key Takeaways

Revenue: $1.8B
Net Margin: 4.8%
Free Cash Flow: $101.6M
Current Ratio: 2.34x
Debt/Equity: 1.00x
EPS: $0.88
AI Grade: C with 60% confidence
Sally Beauty Holdings, Inc. (SBH) receives a C fundamental grade with 60% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.8B, net profit margin of 4.8%, and return on equity (ROE) of 10.5%, Sally Beauty Holdings, Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete SBH stock analysis for 2026.

Is Sally Beauty Holdings, Inc. (SBH) a Good Investment?

Claude

Sally Beauty faces structural headwinds in retail beauty supply with declining revenue (-0.4% YoY) despite improved net income, indicating profits driven by cost-cutting rather than organic growth. The company carries substantial debt ($835M) at parity with shareholder equity ($838M), limiting financial flexibility and capacity to invest in growth or weather industry disruption. While positive free cash flow and adequate interest coverage provide near-term stability, the combination of revenue stagnation, high leverage, and low returns on capital (ROA 3.1%, ROE 10.5%) suggests limited upside in a mature, challenged retail segment.

Sally Beauty Holdings, Inc. Key Strengths (SBH)

Claude
  • + Strong earnings improvement with net income +27.7% YoY and EPS +32.2% YoY despite flat revenue shows operational leverage
  • + Healthy gross margin of 51.9% and solid free cash flow of $101.6M (5.5% FCF margin) demonstrates underlying cash generation capability
  • + Adequate liquidity position with current ratio of 2.34x and interest coverage ratio of 5.1x provides near-term financial stability

SBH Stock Risks: Sally Beauty Holdings, Inc. Investment Risks

Claude
  • ! Declining revenue (-0.4% YoY) in discretionary retail beauty supply reflects structural industry headwinds and weak demand environment
  • ! Elevated leverage with debt-to-equity ratio of 1.00x ($835M debt relative to $838M equity) constrains financial flexibility and limits strategic options
  • ! Low capital efficiency with ROA of 3.1% and ROE of 10.5%; quick ratio of 0.55x indicates potential inventory conversion concerns

Key Metrics to Watch

Claude
  • * Revenue growth rate and comparable store sales trends
  • * Debt-to-equity ratio and deleveraging progress
  • * Free cash flow conversion and capital allocation discipline

Sally Beauty Holdings, Inc. (SBH) Financial Metrics & Key Ratios

Revenue
$1.8B
Net Income
$88.3M
EPS (Diluted)
$0.88
Free Cash Flow
$101.6M
Total Assets
$2.9B
Cash Position
$157.4M

💡 AI Analyst Insight

Strong liquidity with a 2.34x current ratio provides a solid financial cushion.

SBH Profit Margin, ROE & Profitability Analysis

Gross Margin 51.9%
Operating Margin 8.0%
Net Margin 4.8%
ROE 10.5%
ROA 3.1%
FCF Margin 5.5%

SBH vs Consumer Sector: How Sally Beauty Holdings, Inc. Compares

How Sally Beauty Holdings, Inc. compares to Consumer sector averages

Net Margin
SBH 4.8%
vs
Sector Avg 8.0%
SBH Sector
ROE
SBH 10.5%
vs
Sector Avg 18.0%
SBH Sector
Current Ratio
SBH 2.3x
vs
Sector Avg 1.5x
SBH Sector
Debt/Equity
SBH 1.0x
vs
Sector Avg 0.8x
SBH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Sally Beauty Holdings, Inc. Stock Overvalued? SBH Valuation Analysis 2026

Based on fundamental analysis, Sally Beauty Holdings, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
10.5%
Sector avg: 18%
Net Profit Margin
4.8%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.00x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Sally Beauty Holdings, Inc. Balance Sheet: SBH Debt, Cash & Liquidity

Current Ratio
2.34x
Quick Ratio
0.55x
Debt/Equity
1.00x
Debt/Assets
70.6%
Interest Coverage
5.14x
Long-term Debt
$835.0M

SBH Revenue & Earnings Growth: 5-Year Financial Trend

SBH 5-year financial data: Year 2021: Revenue $3.9B, Net Income $271.6M, EPS $2.26. Year 2022: Revenue $3.9B, Net Income $113.2M, EPS $0.99. Year 2023: Revenue $3.9B, Net Income $184.6M, EPS $2.10. Year 2024: Revenue $3.8B, Net Income $183.6M, EPS $1.66. Year 2025: Revenue $3.7B, Net Income $184.6M, EPS $1.69.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Sally Beauty Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $1.69 reflects profitable operations.

SBH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.5%
Free cash flow / Revenue

SBH Quarterly Earnings & Performance

Quarterly financial performance data for Sally Beauty Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $883.1M $39.2M $0.38
Q1 2026 $937.9M $45.6M $0.45
Q3 2025 $933.3M $29.2M $0.36
Q2 2025 $883.1M $29.2M $0.27
Q1 2025 $931.3M $38.4M $0.35
Q3 2024 $931.0M $29.2M $0.36
Q2 2024 $908.4M $29.2M $0.27
Q1 2024 $931.3M $38.4M $0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Sally Beauty Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$166.5M
Cash generated from operations
Stock Buybacks
$46.3M
Shares repurchased (TTM)
Capital Expenditures
$64.9M
Investment in assets
Dividends
None
No dividend program

SBH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Sally Beauty Holdings, Inc. (CIK: 0001368458)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 4 xslF345X06/form4-05152026_040501.xml View →
May 11, 2026 10-Q sbh-20260331.htm View →
May 11, 2026 8-K d76806d8k.htm View →
Apr 22, 2026 4 xslF345X06/form4-04222026_050406.xml View →
Apr 2, 2026 8-K sbh-20260330.htm View →

Frequently Asked Questions about SBH

What is the AI rating for SBH?

Sally Beauty Holdings, Inc. (SBH) has an AI grade of C with 60% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SBH's key strengths?

Claude: Strong earnings improvement with net income +27.7% YoY and EPS +32.2% YoY despite flat revenue shows operational leverage. Healthy gross margin of 51.9% and solid free cash flow of $101.6M (5.5% FCF margin) demonstrates underlying cash generation capability.

What are the risks of investing in SBH?

Claude: Declining revenue (-0.4% YoY) in discretionary retail beauty supply reflects structural industry headwinds and weak demand environment. Elevated leverage with debt-to-equity ratio of 1.00x ($835M debt relative to $838M equity) constrains financial flexibility and limits strategic options.

What is SBH's revenue and growth?

Sally Beauty Holdings, Inc. reported revenue of $1.8B.

Does SBH pay dividends?

Sally Beauty Holdings, Inc. does not currently pay dividends.

Where can I find SBH SEC filings?

Official SEC filings for Sally Beauty Holdings, Inc. (CIK: 0001368458) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SBH's EPS?

Sally Beauty Holdings, Inc. has a diluted EPS of $0.88.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SBH's fundamental grade?

Based on our AI fundamental analysis in May 2026, Sally Beauty Holdings, Inc. has a C grade with 60% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SBH stock overvalued or undervalued?

Valuation metrics for SBH: ROE of 10.5% (sector avg: 18%), net margin of 4.8% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is SBH's AI grade for 2026?

Our dual AI analysis gives Sally Beauty Holdings, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SBH's free cash flow?

Sally Beauty Holdings, Inc.'s operating cash flow is $166.5M, with capital expenditures of $64.9M. FCF margin is 5.5%.

How does SBH compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 4.8% (avg: 8%), ROE 10.5% (avg: 18%), current ratio 2.34 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 13, 2026 | Data as of: 2026-03-31 | Powered by Claude AI