| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | 1 | — | 2 | — | 2 | 3 | 2 | 2 | 1 | 2 | — |
| total | individual payouts | |
|---|---|---|
| 2029 | ‡‡‡‡‡ |
|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 2.62 |
—
—
—
|
| 2025 | 2.55 |
—
—
—
—
|
| 2024 | 2.16 |
—
—
—
—
|
| 2023 | 1.74 |
—
—
—
—
|
| 2022 | 1.53 |
—
—
—
—
|
| 2021 | 1.21 |
—
—
—
—
|
| 2020 | 0.99 |
—
—
—
—
|
| 2019 | 0.94 |
—
—
—
—
|
| 2018 | 0.84 |
—
—
—
—
|
| 2017 | 0.77 |
—
—
—
—
|
| 2016 | 0.73 |
—
—
—
—
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 1,262.01 | 1,212.98 | 1,019.80 | 1,028.94 |
| Receivables | 122.91 | 117.68 | 126.82 | 146.22 |
| Inventory | 1,246.37 | 1,332.43 | 1,462.85 | 1,447.42 |
| Other | 29.04 | 24.61 | 23.66 | 18.39 |
| 2,719.80 | 2,754.61 | 2,713.19 | 2,746.55 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 607.88 | 645.67 | 637.99 | 703.82 |
| ST’ Debt | — | — | — | — |
| Other | 677.06 | 678.40 | 701.26 | 707.77 |
| 1,880.32 | 1,911.97 | 1,954.13 | 1,898.58 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 1,805.46 | 1,959.76 | — | — |
—
|
| ’26 | 1,730.11 | 1,836.76 | 1,882.81 | 2,357.13 |
7,806.82
|
| ’25 | 1,660.35 | 1,788.31 | 1,800.67 | 2,462.22 |
7,711.54
|
| ’24 | 1,755.45 | 1,862.61 | 1,853.65 | 2,278.94 |
7,750.65
|
| ’23 | 1,891.23 | 2,137.54 | 2,192.57 | 2,453.08 |
8,674.42
|
| ’22 | 1,749.03 | 1,948.34 | 2,047.54 | 2,501.03 |
8,245.94
|
| ’21 | 1,235.20 | 1,490.78 | 1,764.54 | 2,292.67 |
6,783.19
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 156.32 | 539.54 | — | — |
—
|
| ’26 | 118.95 | 282.73 | 316.29 | 596.92 |
1,314.89
|
| ’25 | 226.79 | 246.50 | 253.46 | 633.48 |
1,360.22
|
| ’24 | 342.53 | 372.46 | 290.43 | 674.86 |
1,680.27
|
| ’23 | 184.52 | 199.07 | 204.93 | 464.30 |
1,052.82
|
| ’22 | 238.88 | 236.79 | 312.67 | 582.81 |
1,371.15
|
| ’21 | 53.87 | 162.53 | 510.23 | 548.22 |
1,274.85
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 98.64 | 480.79 | — | — |
—
|
| ’26 | 60.70 | 230.69 | 248.08 | 515.99 |
1,055.45
|
| ’25 | 187.28 | 215.06 | 170.05 | 566.27 |
1,138.66
|
| ’24 | 292.50 | 329.61 | 248.48 | 621.23 |
1,491.82
|
| ’23 | 113.33 | 121.71 | 119.10 | 344.56 |
698.71
|
| ’22 | 196.52 | 200.87 | 249.94 | 497.30 |
1,144.63
|
| ’21 | 11.55 | 128.73 | 461.47 | 503.59 |
1,105.34
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 1.93 | 2.84 | — | — |
—
|
| ’26 | 1.85 | 2.00 | 1.96 | 3.04 |
8.84
|
| ’25 | 2.04 | 1.74 | 1.96 | 3.28 |
8.79
|
| ’24 | 1.18 | 1.56 | 1.83 | 2.72 |
7.28
|
| ’23 | 1.75 | 1.94 | 1.86 | 2.64 |
8.16
|
| ’22 | 1.45 | 1.61 | 1.65 | 2.71 |
7.38
|
| ’21 | 0.23 | 0.85 | 1.27 | 1.96 |
4.31
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.79 | 54.72 | 95.77 | 130.07 | 165.51 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 88.45 | 104.64 | 199.42 | 219.98 | 254.89 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 21,000 | 21,100 | 19,300 | 19,600 | 19,800 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.39 | 0.41 | 0.40 | 0.39 | 0.39 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,245.94 | 8,674.42 | 7,750.65 | 7,711.54 | 7,806.82 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 44.05% | 42.40% | 42.62% | 46.45% | 46.15% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,451.25 | 1,500.68 | 1,273.36 | 1,485.73 | 1,452.56 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.60% | 17.30% | 16.43% | 19.27% | 18.61% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,126.34 | 1,127.90 | 949.76 | 1,125.25 | 1,088.44 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 196.09 | 214.15 | 232.59 | 229.80 | 231.45 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 55.51 | 63.76 | 60.01 | 61.09 | 64.28 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 7.59 | 8.29 | 7.36 | 8.91 | 8.96 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.23 | 7.74 | 13.01 | 10.77 | 10.83 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.52) | (2.60) | (1.46) | (1.76) | (2.14) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.71 | 5.14 | 11.55 | 9.02 | 8.69 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.20 | 12.50 | 16.48 | 16.97 | 17.15 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 148.54 | 136.04 | 129.15 | 126.24 | 121.45 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.54 | 8.11 | 13.11 | 23.10 | 23.81 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.45 | 1.06 | 1.61 | 3.46 | 3.33 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.16 | 5.40 | 5.87 | 12.46 | 12.48 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.50 | 1.18 | 1.63 | 3.48 | 3.38 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.80 | 14.68 | 8.46 | 23.59 | 24.98 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,371.15 | 1,052.82 | 1,680.27 | 1,360.22 | 1,314.89 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (226.52) | (354.12) | (188.46) | (221.57) | (259.44) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,144.63 | 698.71 | 1,491.82 | 1,138.66 | 1,055.45 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 552.21 | 399.63 | 839.48 | 842.64 | 759.06 | — | — | — |
Working Cap'
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,284.00 | 1,444.00 | — | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 433.66 | 1,076.66 | (1,262.01) | (1,212.98) | (1,019.80) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,664.21 | 1,701.05 | 2,127.86 | 2,142.42 | 2,082.56 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.26% | 24.29% | 19.12% | 21.28% | 20.32% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 43.29% | 33.72% | 89.81% | 96.17% | 83.26% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 67.95% | 67.03% | 49.61% | 52.70% | 51.52% | — | — | — |
ROE
|
Williams-Sonoma (WSM), with powerhouse brands like Pottery Barn and West Elm, has shown impressive resilience in the premium home furnishings space, surging through the pandemic home boom before navigating post-COVID headwinds like inflation, high rates, and a sluggish housing market. Revenues grew at an 8.2% CAGR to a 2023 peak of $8.67 billion, fueled by e-commerce and efficiency gains—revenue per employee doubled amid a 31% headcount cut—before dipping 11% in 2024. Now trading near highs in early 2026, WSM boasts elite margins (gross at 46.5% projected for 2025), sky-high ROE (52.7%), and a fortress balance sheet with $1.21 billion in net cash, funding aggressive buybacks that slashed shares by 31%.
Yet, cracks appear: 2024 net income fell 16%, insider selling hit $60 million with no buys, and valuations look stretched at 23x forward PE amid softening big-ticket spending. Analysts eye modest recovery—revenues up 3% annualized to $8.49 billion by 2028, EPS to $10.04—with price targets suggesting limited upside or slight downside, hinging on housing stabilization and easing rates.
This analysis dives deeper into historical trends, operational levers, macro risks like supply chain snarls, and why WSM could deliver 10-15% returns on dips—strong buy potential for patient investors, but hold at peaks.
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