Smith & Wesson Brands, Inc.

SWBI Industrials Aerospace & Defense

Smith & Wesson Brands, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $523.8 million, up 10.4% from fiscal 2025.

Revenue
+32.3%
EPS
+175.0%
Free cash flow
−67.5%
Total debt
−44.4%

Quarter to July 2026, against a year earlier

14.27 0.22 −1.52%
Market cap
$772.0M
P/E
26.4×
Fwd P/E
22.3×
Dividend yield
3.64%
F-score
8/9
Altman Z
5.66
Beneish M
−3.48
Dividend safety
53/100

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 771.97
Revenue ttm 551.36
Net income ttm 24.48
Free cash flow ttm 82.26
Net debt Q 45.63
Valuation
P/E 26.43
Forward P/E 22.30
Price / sales 1.16
Forward P/S Powerpack
Price / FCF 7.79
Price / book 1.71
Financial health
Current ratio Q 3.62 (at or above 1.5: strong)
Debt / equity Q 0.19 (at or below 0.5: strong)
Interest coverage Q 14.15
Growth
Revenue growth Q +32.34% (above 0%: growing)
Operating income growth Q +242.56% (above 0%: growing)
EPS, this year +43.90% (at or above 15%: strong)
EPS, next year A +1.69%
Revenue, next year A +6.79%
EPS, past 5 yrs −38.20% (below 0%: weak)
EPS, next 5 yrs A +15.00% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 74.67%
10-year low 10-year high
P/S against its own 10 years 63.88%
10-year low 10-year high
P/B against its own 10 years 53.06%
10-year low 10-year high
EV/Sales against its own 10 years 63.62%
10-year low 10-year high
EV/FCF against its own 10 years 52.76%
10-year low 10-year high

Dividends

Yield
3.64%
Annual rate
0.52
Payout ratio
96.3%
Growth, 2020–26
+25.5%/yr
  1. 0.10 ’20
  2. 0.29 ’21 +190
  3. 0.38 ’22 +31
  4. 0.46 ’23 +21
  5. 0.51 ’24 +11
  6. 0.52 ’25 +2
  7. 0.39 ’26 −25
paid change on the year, %

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 61 25 33 25
Receivables 61 56 45 33
Inventory 161 190 156 181
Other — — — —
287 277 241 247
2024 2025 2026 Q'26
Payables 42 27 35 37
ST’ Debt — — — —
Other — — — —
94 67 75 68

Compound Annual Growth %

10y 5y 3y
Sales (3.17%) (13.13%) 3.01%
Cash Flow (3.82%) (18.38%) 89.69%
Earnings (15.01%) (40.70%) (20.57%)
Book Value 2.04% 7.17% (0.70%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jul Oct Jan Apr Year
’26 0.06 — — — —
’26 (0.08) 0.04 0.08 0.36 0.41
’25 (0.05) 0.09 0.04 0.19 0.30
’24 0.07 0.05 0.17 0.57 0.86
’23 0.07 0.21 0.24 0.28 0.80
’22 1.57 1.05 0.65 0.79 4.08
’21 0.86 0.92 1.12 1.70 4.55
Fiscal quarters ending in the months shown.

Revenue $m

Jul Oct Jan Apr Year
’26 113 — — — —
’26 85 125 136 178 524
’25 88 130 116 141 475
’24 114 125 137 159 536
’23 84 121 129 145 479
’22 275 230 178 181 864
’21 230 249 258 323 1,059
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jul Oct Jan Apr Year
’26 (9) — — — —
’26 (8) 27 20 75 114
’25 (31) (7) (10) 41 (7)
’24 41 (3) 25 44 107
’23 7 (35) 7 38 17
’22 109 (4) 7 26 138
’21 84 52 60 119 315
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jul Oct Jan Apr Year
’26 (21) — — — —
’26 (12) 16 17 70 91
’25 (35) (11) (14) 33 (26)
’24 9 (38) 10 45 25
’23 (4) (63) (18) 13 (73)
’22 103 (8) 2 17 114
’21 78 43 57 115 293
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to April

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jul ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 903 607 481 530 1,059 864 479 536 475 524 551 (5.9%) 559 572 — +4.5%
Gross margin, % 41.55 32.26 30.39 31.28 42.39 43.35 32.25 29.50 26.79 26.94 27.44 (14.6) pt
EBT 191 18 34 39 318 252 48 52 19 25 33 (20.2%)
EBT margin, % 21.18 2.90 7.11 7.40 30.02 29.21 10.06 9.65 4.05 4.79 6.02 (16.4) pt
Net income 128 20 25 28 244 194 37 41 13 18 24 (19.3%)
Per share, $
Per share, $ Revenue 16.15 11.23 8.83 9.63 19.39 18.30 10.45 11.70 10.67 11.79 12.31 (3.4%)
Earnings 2.29 0.37 0.34 (1.11) 4.62 4.12 0.80 0.86 0.30 0.42 0.54 (17.2%)
Cash flow 2.21 1.14 1.05 1.72 5.77 2.92 0.37 2.33 (0.16) 2.57 2.53 +1.7%
Capex (0.63) (0.35) (0.55) (0.23) (0.41) (0.51) (1.96) (1.78) (0.43) (0.53) (0.70) (2.0%)
Free cash flow 1.57 0.79 0.50 1.49 5.37 2.41 (1.59) 0.55 (0.59) 2.04 1.84 +2.9%
Book value 7.03 7.81 8.16 7.04 4.88 7.63 8.39 8.73 8.37 8.48 8.35 +2.1%
Shares, m 56 54 54 55 55 47 46 46 44 44 45 (2.5%)
Valuation, ×
Valuation, × P/E 8.63 26.16 25.50 0.00 3.74 3.47 15.10 19.73 34.04 38.85 26.43 17.5
P/S 1.20 0.86 0.98 0.86 0.90 0.78 1.16 1.45 0.89 1.32 1.16 1.0
P/B 2.75 1.24 1.06 1.18 3.57 1.86 1.44 1.94 1.14 1.83 1.71 1.8
EV/Sales 1.37 1.13 1.31 1.15 0.90 0.77 1.33 1.62 1.24 1.50 1.38 1.2
EV/FCF 14.04 16.04 23.14 7.42 3.25 5.82 (8.72) 34.33 (22.13) 8.65 9.26 8.2
Cash, $m
Cash, $m Operating cash flow 124 62 57 95 315 138 17 107 (7) 114 113 (0.9%)
Capex (36) (19) (30) (13) (22) (24) (90) (81) (19) (24) (31) (4.4%)
Free cash flow 88 43 27 82 293 114 (73) 25 (26) 91 82 +0.3%
Balance, $m
Balance, $m Working capital 167 170 187 263 143 239 205 193 211 166 179 (0.1%)
Net debt 155 160 160 74 (74) (83) 8 14 88 18 46 (21.3%)
Shareholders’ equity 393 422 444 387 266 361 385 400 372 377 374 (0.5%)
Returns, %
Returns, % ROA 18.17 2.63 2.44 (8.18) 42.87 41.21 7.10 7.39 2.36 3.45 4.54 (14.7) pt
ROIC 22.78 2.90 4.50 6.82 103.96 56.70 7.70 7.10 3.24 4.63 5.42 (18.1) pt
ROE 36.48 4.94 4.25 (14.73) 77.14 62.05 9.90 10.54 3.48 4.93 6.63 (31.5) pt
People
People Employees 2,204 2,006 1,988 1,970 2,240 1,723 1,690 1,509 1,416 1,386 — (5.0%)
Revenue/emp, $m 0.41 0.30 0.24 0.27 0.47 0.50 0.28 0.36 0.34 0.38 — (0.9%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Apr 2026 · latest quarter Jul 2026

Smith & Wesson Brands, Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LYNX Lyntris Inc. $1.3B — — — — — — — Compare
NPK National Presto Industries, Inc. $1.0B 23.7× 22.5× +21.71% (above 0%: growing) +206.94% (above 0%: growing) +169.47% (above 0%: growing) 19.47% 13.24% Compare
RGR Sturm, Ruger & Company, Inc. $790.9M 47.8× — (loss-making) +16.46% (above 0%: growing) +260.00% (above 0%: growing) −281.79% (below 0%: shrinking) 20.68% 4.05% Compare
SWBI Smith & Wesson Brands, Inc. $772.0M 26.4× 22.3× +32.34% (above 0%: growing) n/m −67.46% (below 0%: shrinking) 28.66% 3.75%
YSS York Space Systems Inc. $756.8M — (loss-making) — (loss-making) −12.90% (below 0%: shrinking) n/m −28.26% (below 0%: shrinking) 23.97% (44.64%) Compare
EVEX Eve Holding, Inc. $547.1M — (loss-making) — — n/m +13.25% (above 0%: growing) 0.00% 0.00% Compare
ELMT The Elmet Group Co. $525.1M — (loss-making) — — n/m — 25.01% (11.49%) Compare
RCAT Red Cat Holdings, Inc. $520.0M — (loss-making) — (loss-making) +527.18% (above 0%: growing) n/m −298.17% (below 0%: shrinking) 16.15% (191.42%) Compare
PKE Park Aerospace Corp. $498.3M 31.4× 35.3× +26.92% (above 0%: growing) +75.00% (above 0%: growing) +21.48% (above 0%: growing) 34.32% 22.76% Compare
Median of peers $652.0M 31.4× — +21.71% +206.94% −7.50% 20.68% 0.00%

All 94 Aerospace & Defense stocks →

Pay and ownership Proxy statement filed 6 August 2026

Ownership

Directors and executive officers, together 2.30%
BlackRock, Inc. 9.78%
Dimensional Fund Advisors 5.52%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Smith & Wesson Brands, Inc. (SWBI) Latest News

21 Oct

Impact 4 · · TMX Newsfile

9 Sep

Impact 3 · · The Motley Fool transcript
stockrow.com/SWBI · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com