Smith & Wesson Brands (SWBI) Financials

$9.49 +0.02 (+0.21%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$9.32 -0.17 (-1.78%)

As of 05/30/2025 07:54 PM Eastern

Annual Income Statements for Smith & Wesson Brands

This table shows Smith & Wesson Brands' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	4/30/2024	4/30/2023	4/30/2022	4/30/2021
Net Income / (Loss) Attributable to Common Shareholders	40	37	194	252
Consolidated Net Income / (Loss)	40	37	194	252
Net Income / (Loss) Continuing Operations	40	37	194	244
Total Pre-Tax Income	49	48	252	318
Total Operating Income	45	48	252	320
Total Gross Profit	158	155	375	449
Total Revenue	536	479	864	1,059
Operating Revenue	536	479	864	1,059
Total Cost of Revenue	378	325	490	610
Operating Cost of Revenue	378	325	490	610
Total Operating Expenses	113	106	123	129
Selling, General & Admin Expense	65	62	72	79
Marketing Expense	41	37	43	43
Research & Development Expense	7.27	7.55	7.26	7.48
Total Other Income / (Expense), net	4.62	-0.18	0.73	-1.67
Interest & Investment Income	-2.06	-0.33	-2.14	-3.92
Other Income / (Expense), net	6.67	0.15	2.87	2.25
Income Tax Expense	9.79	11	58	74
Basic Earnings per Share	$0.86	$0.80	$4.12	$4.62
Weighted Average Basic Shares Outstanding	45.81M	45.84M	47.23M	54.61M
Diluted Earnings per Share	$0.86	$0.80	$4.08	$4.55
Weighted Average Diluted Shares Outstanding	46.25M	46.17M	47.73M	55.35M
Weighted Average Basic & Diluted Shares Outstanding	45.56M	46.08M	45.76M	48.00M
Cash Dividends to Common per Share	$0.48	$0.40	$0.32	-

This table shows Smith & Wesson Brands' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q4 2022	Q3 2022
Period end date	1/31/2025	4/30/2024	1/31/2024	10/31/2023	7/31/2024	1/31/2023	4/30/2022	1/31/2022
Net Income / (Loss) Attributable to Common Shareholders	1.66	26	7.88	2.50	-2.11	11	151	31
Consolidated Net Income / (Loss)	1.66	26	7.88	2.50	-2.11	11	151	31
Net Income / (Loss) Continuing Operations	1.66	26	7.88	2.50	-2.11	11	151	31
Total Pre-Tax Income	2.40	31	10	3.26	-2.60	14	195	40
Total Operating Income	4.13	25	11	3.77	-1.86	14	195	40
Total Gross Profit	28	57	39	32	24	42	233	70
Total Revenue	116	159	137	125	88	129	481	178
Operating Revenue	116	159	137	125	88	129	481	178
Total Cost of Revenue	88	103	98	93	64	87	248	107
Operating Cost of Revenue	88	103	98	93	64	87	248	107
Total Operating Expenses	24	31	28	28	26	28	38	31
Selling, General & Admin Expense	13	20	16	15	14	16	22	17
Marketing Expense	10	9.46	10	11	9.84	10.00	14	12
Research & Development Expense	2.87	1.77	1.97	1.72	2.52	2.13	2.00	1.72
Other Operating Expenses / (Income)	-2.38	-	-	-	-	-	-	-
Total Other Income / (Expense), net	-1.72	5.89	-0.97	-0.51	-0.74	0.33	-0.03	0.16
Interest & Investment Income	-1.72	-0.61	-0.96	-0.65	-0.73	-0.51	-0.69	-0.59
Other Income / (Expense), net	0.00	6.50	-0.01	0.14	-0.01	0.84	0.65	0.75
Income Tax Expense	0.74	5.16	2.43	0.77	-0.49	3.39	44	9.34
Basic Earnings per Share	$0.04	$0.57	$0.17	$0.05	($0.05)	$0.24	$3.20	$0.65
Weighted Average Basic Shares Outstanding	44.04M	45.81M	45.62M	45.98M	45.32M	45.90M	47.23M	46.76M
Diluted Earnings per Share	$0.04	$0.57	$0.17	$0.05	($0.05)	$0.24	$3.20	$0.65
Weighted Average Diluted Shares Outstanding	44.40M	46.25M	46.03M	46.36M	45.32M	46.17M	47.73M	47.18M
Weighted Average Basic & Diluted Shares Outstanding	44.00M	45.56M	45.52M	44.00M	44.85M	45.90M	45.76M	45.51M
Cash Dividends to Common per Share	$0.13	-	$0.12	-	-	-	$0.08	-

This table details how cash moves in and out of Smith & Wesson Brands' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	4/30/2024	4/30/2023	4/30/2022	4/30/2021
Net Change in Cash & Equivalents	7.28	-67	7.71	-12
Net Cash From Operating Activities	107	17	138	315
Net Cash From Continuing Operating Activities	107	17	138	317
Net Income / (Loss) Continuing Operations	40	37	194	244
Consolidated Net Income / (Loss)	40	37	194	244
Depreciation Expense	33	31	30	32
Non-Cash Adjustments To Reconcile Net Income	0.21	4.85	5.58	3.02
Changes in Operating Assets and Liabilities, net	34	-56	-92	39
Net Cash From Investing Activities	-81	-90	-24	-23
Net Cash From Continuing Investing Activities	-81	-90	-24	-22
Purchase of Property, Plant & Equipment	-91	-90	-24	-22
Acquisitions	-0.19	-0.33	-0.28	-0.63
Sale of Property, Plant & Equipment	2.96	0.12	0.14	0.11
Divestitures	6.50	0.00	0.00	-
Net Cash From Financing Activities	-18	5.88	-106	-304
Net Cash From Continuing Financing Activities	-18	5.88	-106	-304
Repayment of Debt	-35	0.00	0.00	-185
Repurchase of Common Equity	-10	0.00	-90	-110
Payment of Dividends	-22	-18	-15	-8.22
Issuance of Debt	50	25	0.00	25
Issuance of Common Equity	1.48	1.53	1.72	3.15
Other Financing Activities, net	-2.22	-2.32	-2.67	-28
Cash Interest Paid	4.75	2.15	2.22	3.31
Cash Income Taxes Paid	13	18	59	81

This table details how cash moves in and out of Smith & Wesson Brands' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q4 2022	Q3 2022
Period end date	4/30/2024	1/31/2024	10/31/2024	7/31/2023	4/30/2023	4/30/2022	1/31/2022
Net Change in Cash & Equivalents	13	16	3.58	1.92	8.96	13	72
Net Cash From Operating Activities	44	101	-7.40	41	38	26	140
Net Cash From Continuing Operating Activities	44	101	-7.40	41	38	26	140
Net Income / (Loss) Continuing Operations	26	11	4.13	3.12	13	36	145
Consolidated Net Income / (Loss)	26	11	4.13	3.12	13	36	145
Depreciation Expense	8.27	8.03	8.21	9.25	9.64	7.66	7.24
Non-Cash Adjustments To Reconcile Net Income	-5.26	-2.66	1.52	1.36	1.19	1.37	9.70
Changes in Operating Assets and Liabilities, net	14	84	-21	27	14	-20	-22
Net Cash From Investing Activities	0.99	-75	-3.21	-32	-25	-8.91	24
Net Cash From Continuing Investing Activities	0.99	-75	-3.21	-32	-25	-8.91	24
Purchase of Property, Plant & Equipment	-5.57	-77	-3.30	-32	-25	-8.88	24
Acquisitions	-0.02	-0.05	-0.09	-0.03	-0.08	-0.07	0.04
Sale of Property, Plant & Equipment	0.08	2.64	0.18	0.02	0.03	0.04	0.01
Net Cash From Financing Activities	-31	-11	14	-6.64	-3.99	-3.17	-93
Net Cash From Continuing Financing Activities	-31	-11	14	-6.64	-3.99	-3.17	-93
Repayment of Debt	-25	-9.06	-0.94	0.00	0.23	-	-
Repurchase of Common Equity	-1.09	13	-9.76	0.00	-	-	-90
Payment of Dividends	-5.46	-4.91	-5.77	-5.54	-4.59	-3.64	-2.24
Issuance of Common Equity	0.76	-0.03	0.75	0.00	0.78	0.87	0.09
Other Financing Activities, net	-0.34	-0.56	-0.09	-1.10	-0.41	-0.41	-0.67
Cash Interest Paid	1.43	0.96	1.04	0.53	0.41	0.55	0.58
Cash Income Taxes Paid	1.98	3.90	6.42	0.49	2.43	9.78	34

This table presents Smith & Wesson Brands' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	4/30/2024	4/30/2023	4/30/2022	4/30/2021
Total Assets	578	541	497	446
Total Current Assets	288	292	328	268
Cash & Equivalents	61	54	121	113
Accounts Receivable	59	55	63	67
Inventories, net	161	177	137	78
Prepaid Expenses	4.97	4.92	5.57	8.41
Current Deferred & Refundable Income Taxes	2.50	1.18	1.95	0.91
Plant, Property, & Equipment, net	253	210	136	0.00
Total Noncurrent Assets	37	39	34	178
Goodwill	19	19	19	19
Intangible Assets	2.60	3.59	3.61	4.42
Noncurrent Deferred & Refundable Income Taxes	7.25	8.09	1.22	0.00
Other Noncurrent Operating Assets	8.61	8.35	10	155
Total Liabilities & Shareholders' Equity	578	541	497	446
Total Liabilities	180	157	137	180
Total Current Liabilities	97	87	89	126
Accounts Payable	42	37	30	57
Accrued Expenses	1.81	1.67	1.84	2.20
Current Deferred Revenue	27	20	23	33
Current Employee Benefit Liabilities	26	27	31	32
Total Noncurrent Liabilities	83	69	48	54
Long-Term Debt	40	25	0.00	0.00
Other Noncurrent Operating Liabilities	43	45	48	53
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	398	385	361	266
Total Preferred & Common Equity	398	385	361	266
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	398	385	361	266
Common Stock	290	284	278	274
Retained Earnings	541	523	505	325
Treasury Stock	-433	-422	-422	-332
Accumulated Other Comprehensive Income / (Loss)	0.07	0.07	0.07	0.07

This table presents Smith & Wesson Brands' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q3 2022
Period end date	1/31/2025	1/31/2024	10/31/2024	7/31/2024	1/31/2023	1/31/2022
Total Assets	579	571	587	571	529	469
Total Current Assets	299	276	306	285	310	301
Cash & Equivalents	27	47	39	36	45	107
Accounts Receivable	57	61	53	48	58	49
Inventories, net	199	154	196	190	193	134
Prepaid Expenses	7.99	9.02	10	9.04	5.95	7.52
Current Deferred & Refundable Income Taxes	7.63	5.61	8.12	3.18	7.66	2.23
Plant, Property, & Equipment, net	243	257	244	249	186	135
Total Noncurrent Assets	37	38	37	37	33	34
Goodwill	19	19	19	19	19	19
Intangible Assets	2.47	2.67	2.52	2.53	3.59	4.26
Noncurrent Deferred & Refundable Income Taxes	7.31	8.09	7.25	7.25	1.22	-
Other Noncurrent Operating Assets	7.93	7.78	8.13	8.39	9.28	11
Total Liabilities & Shareholders' Equity	579	571	587	571	529	469
Total Liabilities	215	194	218	193	155	143
Total Current Liabilities	64	86	77	80	85	93
Accounts Payable	25	36	32	29	38	36
Accrued Expenses	1.44	2.11	1.49	1.74	1.68	2.04
Current Deferred Revenue	27	24	30	28	19	27
Current Employee Benefit Liabilities	11	23	14	21	26	28
Total Noncurrent Liabilities	151	108	141	113	69	50
Long-Term Debt	109	65	99	70	25	-
Other Noncurrent Operating Liabilities	42	43	42	43	45	49
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	364	376	369	378	374	326
Total Preferred & Common Equity	364	376	369	378	374	326
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	364	376	369	378	374	326
Common Stock	295	288	293	291	282	276
Retained Earnings	527	520	531	533	515	472
Treasury Stock	-458	-432	-455	-446	-422	-422
Accumulated Other Comprehensive Income / (Loss)	0.07	0.07	0.07	0.07	0.07	0.07

This table displays calculated financial ratios and metrics derived from Smith & Wesson Brands' official financial filings.

Metric	2024	2023	2022	2021
Period end date	4/30/2024	4/30/2023	4/30/2022	4/30/2021
Growth Metrics	-	-	-	-
Revenue Growth	11.81%	-44.54%	-18.42%	99.99%
EBITDA Growth	5.02%	-71.89%	-19.48%	327.03%
EBIT Growth	5.96%	-80.92%	-20.93%	533.63%
NOPAT Growth	-2.99%	-80.91%	-20.80%	589.53%
Net Income Growth	7.41%	-81.04%	-22.83%	511.64%
EPS Growth	7.50%	-80.39%	-10.33%	513.64%
Operating Cash Flow Growth	537.93%	-87.86%	-56.30%	232.86%
Free Cash Flow Firm Growth	118.42%	-173.53%	-62.83%	-27.11%
Invested Capital Growth	6.00%	48.41%	56.35%	-22.46%
Revenue Q/Q Growth	0.00%	0.00%	27.14%	33.65%
EBITDA Q/Q Growth	0.00%	0.00%	75.66%	38.25%
EBIT Q/Q Growth	0.00%	0.00%	92.59%	43.77%
NOPAT Q/Q Growth	0.00%	0.00%	97.20%	44.45%
Net Income Q/Q Growth	0.00%	0.00%	84.63%	244.74%
EPS Q/Q Growth	0.00%	0.00%	81.33%	242.11%
Operating Cash Flow Q/Q Growth	5.57%	289.93%	-40.42%	-0.17%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	87.52%	-51.37%
Invested Capital Q/Q Growth	0.00%	0.00%	9.47%	-13.85%
Profitability Metrics	-	-	-	-
Gross Margin	29.50%	32.25%	43.35%	42.39%
EBITDA Margin	15.68%	16.69%	32.93%	33.37%
Operating Margin	8.36%	10.10%	29.12%	30.18%
EBIT Margin	9.60%	10.13%	29.45%	30.39%
Profit (Net Income) Margin	7.39%	7.69%	22.51%	23.80%
Tax Burden Percent	80.19%	76.47%	77.06%	79.27%
Interest Burden Percent	96.01%	99.32%	99.16%	98.78%
Effective Tax Rate	19.81%	23.54%	22.94%	23.40%
Return on Invested Capital (ROIC)	9.80%	12.43%	98.65%	139.45%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.09%	12.61%	98.17%	134.69%
Return on Net Nonoperating Assets (RNNOA)	0.32%	-2.53%	-36.60%	-62.31%
Return on Equity (ROE)	10.12%	9.90%	62.05%	77.14%
Cash Return on Invested Capital (CROIC)	3.97%	-26.55%	54.69%	164.75%
Operating Return on Assets (OROA)	9.19%	9.35%	53.93%	54.75%
Return on Assets (ROA)	7.08%	7.10%	41.21%	42.87%
Return on Common Equity (ROCE)	10.12%	9.90%	62.05%	77.14%
Return on Equity Simple (ROE_SIMPLE)	9.95%	9.59%	53.95%	94.62%
Net Operating Profit after Tax (NOPAT)	36	37	194	245
NOPAT Margin	6.70%	7.72%	22.44%	23.12%
Net Nonoperating Expense Percent (NNEP)	14.89%	-0.19%	0.48%	4.76%
Cost of Revenue to Revenue	70.50%	67.75%	56.65%	57.61%
SG&A Expenses to Revenue	12.22%	12.85%	8.39%	7.48%
R&D to Revenue	1.36%	1.58%	0.84%	0.71%
Operating Expenses to Revenue	21.15%	22.15%	14.22%	12.21%
Earnings before Interest and Taxes (EBIT)	51	49	255	322
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	84	80	285	353
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.92	1.37	1.60	3.16
Price to Tangible Book Value (P/TBV)	2.03	1.46	1.70	3.46
Price to Revenue (P/Rev)	1.43	1.10	0.67	0.79
Price to Earnings (P/E)	19.32	14.31	2.96	3.33
Dividend Yield	2.85%	3.48%	2.53%	0.95%
Earnings Yield	5.18%	6.99%	33.77%	29.99%
Enterprise Value to Invested Capital (EV/IC)	1.97	1.40	1.90	4.74
Enterprise Value to Revenue (EV/Rev)	1.39	1.04	0.53	0.69
Enterprise Value to EBITDA (EV/EBITDA)	8.86	6.24	1.60	2.06
Enterprise Value to EBIT (EV/EBIT)	14.47	10.28	1.79	2.26
Enterprise Value to NOPAT (EV/NOPAT)	20.73	13.48	2.35	2.97
Enterprise Value to Operating Cash Flow (EV/OCF)	6.97	29.83	3.30	2.31
Enterprise Value to Free Cash Flow (EV/FCFF)	51.11	0.00	4.23	2.51
Leverage & Solvency	-	-	-	-
Debt to Equity	0.10	0.06	0.00	0.00
Long-Term Debt to Equity	0.10	0.06	0.00	0.00
Financial Leverage	-0.06	-0.20	-0.37	-0.46
Leverage Ratio	1.43	1.39	1.51	1.80
Compound Leverage Factor	1.37	1.38	1.49	1.78
Debt to Total Capital	9.10%	6.06%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	9.10%	6.06%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	90.90%	93.95%	100.00%	100.00%
Debt to EBITDA	0.47	0.31	0.00	0.00
Net Debt to EBITDA	-0.25	-0.36	0.00	0.00
Long-Term Debt to EBITDA	0.47	0.31	0.00	0.00
Debt to NOPAT	1.11	0.67	0.00	0.00
Net Debt to NOPAT	-0.58	-0.78	0.00	0.00
Long-Term Debt to NOPAT	1.11	0.67	0.00	0.00
Altman Z-Score	5.48	5.01	7.94	8.96
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	2.98	3.35	3.68	2.13
Quick Ratio	1.24	1.25	2.06	1.44
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	15	-79	108	289
Operating Cash Flow to CapEx	121.57%	18.71%	578.25%	1,437.32%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.96	0.92	1.83	1.80
Accounts Receivable Turnover	9.38	8.13	13.28	16.51
Inventory Turnover	2.24	2.07	4.55	6.70
Fixed Asset Turnover	2.31	2.77	0.00	0.00
Accounts Payable Turnover	9.61	9.72	11.21	13.74
Days Sales Outstanding (DSO)	38.90	44.88	27.48	22.11
Days Inventory Outstanding (DIO)	163.12	176.36	80.20	54.50
Days Payable Outstanding (DPO)	37.99	37.57	32.57	26.56
Cash Conversion Cycle (CCC)	164.03	183.67	75.11	50.05
Capital & Investment Metrics	-	-	-	-
Invested Capital	377	356	240	153
Invested Capital Turnover	1.46	1.61	4.40	6.03
Increase / (Decrease) in Invested Capital	21	116	86	-44
Enterprise Value (EV)	744	499	455	727
Market Capitalization	765	528	576	840
Book Value per Share	$8.75	$8.38	$7.92	$5.00
Tangible Book Value per Share	$8.27	$7.89	$7.42	$4.56
Total Capital	438	409	361	266
Total Debt	40	25	0.00	0.00
Total Long-Term Debt	40	25	0.00	0.00
Net Debt	-21	-29	-121	-113
Capital Expenditures (CapEx)	88	89	24	22
Debt-free, Cash-free Net Working Capital (DFCFNWC)	130	151	118	30
Debt-free Net Working Capital (DFNWC)	191	205	239	143
Net Working Capital (NWC)	191	205	239	143
Net Nonoperating Expense (NNE)	-3.70	0.14	-0.56	-7.20
Net Nonoperating Obligations (NNO)	-21	-29	-121	-113
Total Depreciation and Amortization (D&A)	33	31	30	32
Debt-free, Cash-free Net Working Capital to Revenue	24.32%	31.54%	13.65%	2.79%
Debt-free Net Working Capital to Revenue	35.68%	42.71%	27.62%	13.46%
Net Working Capital to Revenue	35.68%	42.71%	27.62%	13.46%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.86	$0.80	$4.12	$4.62
Adjusted Weighted Average Basic Shares Outstanding	45.81M	45.84M	47.23M	54.61M
Adjusted Diluted Earnings per Share	$0.86	$0.80	$4.08	$4.55
Adjusted Weighted Average Diluted Shares Outstanding	46.25M	46.17M	47.73M	55.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.56M	46.08M	45.76M	48.00M
Normalized Net Operating Profit after Tax (NOPAT)	36	37	194	245
Normalized NOPAT Margin	6.70%	7.72%	22.44%	23.12%
Pre Tax Income Margin	9.22%	10.06%	29.21%	30.02%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	55.59%	49.72%	7.73%	3.26%
Augmented Payout Ratio	81.38%	49.72%	54.00%	46.90%

This table displays calculated financial ratios and metrics derived from Smith & Wesson Brands' official financial filings.

Metric	Q3 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q4 2022	Q3 2022
Period end date	1/31/2025	4/30/2024	1/31/2024	10/31/2024	7/31/2024	1/31/2023	4/30/2022	1/31/2022
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	-15.71%	0.00%	6.55%	0.00%	0.00%	-27.40%	62.23%	-31.01%
EBITDA Growth	-78.63%	0.00%	28.88%	0.00%	0.00%	-68.61%	150.92%	-47.13%
EBIT Growth	-63.40%	0.00%	-24.74%	0.00%	0.00%	-63.00%	165.85%	-50.24%
NOPAT Growth	-66.87%	0.00%	-20.37%	0.00%	0.00%	-64.42%	172.58%	-50.90%
Net Income Growth	-78.90%	0.00%	-28.86%	0.00%	0.00%	-63.73%	144.16%	-51.05%
EPS Growth	-76.47%	0.00%	-29.17%	0.00%	0.00%	-63.08%	183.19%	-41.96%
Operating Cash Flow Growth	0.00%	14.84%	0.00%	0.00%	0.00%	0.00%	-78.54%	-53.45%
Free Cash Flow Firm Growth	-61.35%	0.00%	75.33%	0.00%	0.00%	-1,077.71%	-35.29%	-102.17%
Invested Capital Growth	13.33%	0.00%	11.11%	0.00%	0.00%	61.86%	56.35%	23.03%
Revenue Q/Q Growth	0.00%	15.76%	6.02%	46.81%	0.00%	0.00%	170.60%	46.85%
EBITDA Q/Q Growth	0.00%	120.14%	27.15%	145.63%	0.00%	0.00%	327.12%	127.88%
EBIT Q/Q Growth	0.00%	182.81%	61.78%	472.97%	0.00%	0.00%	384.62%	203.92%
NOPAT Q/Q Growth	0.00%	145.87%	65.93%	498.58%	0.00%	0.00%	396.42%	224.63%
Net Income Q/Q Growth	0.00%	231.27%	90.66%	296.30%	0.00%	0.00%	394.38%	216.56%
EPS Q/Q Growth	0.00%	235.29%	88.89%	280.00%	0.00%	0.00%	392.31%	209.52%
Operating Cash Flow Q/Q Growth	0.00%	71.94%	1,468.33%	76.00%	-181.13%	0.00%	-81.82%	497.73%
Free Cash Flow Firm Q/Q Growth	0.00%	100.00%	0.00%	0.00%	0.00%	0.00%	710.22%	91.56%
Invested Capital Q/Q Growth	0.00%	-4.24%	-8.17%	4.02%	0.00%	0.00%	9.47%	-32.32%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	24.12%	35.50%	28.68%	26.64%	27.39%	32.43%	48.53%	39.61%
EBITDA Margin	3.56%	25.22%	14.04%	11.71%	7.00%	11.61%	42.37%	26.85%
Operating Margin	3.56%	15.95%	8.21%	5.38%	-2.11%	10.96%	40.65%	22.35%
EBIT Margin	3.56%	20.03%	8.20%	5.37%	-2.11%	11.61%	40.78%	22.77%
Profit (Net Income) Margin	1.44%	16.41%	5.73%	3.19%	-2.38%	8.59%	31.39%	17.18%
Tax Burden Percent	69.23%	83.51%	76.41%	74.51%	81.00%	76.58%	77.25%	76.59%
Interest Burden Percent	58.23%	98.10%	91.53%	79.63%	139.19%	96.61%	99.65%	98.53%
Effective Tax Rate	30.77%	16.49%	23.59%	25.49%	0.00%	23.42%	22.75%	23.41%
Return on Invested Capital (ROIC)	0.00%	18.92%	0.00%	0.00%	0.00%	0.00%	138.03%	58.59%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-4.54%	0.00%	0.00%	0.00%	0.00%	138.05%	58.45%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.24%	0.00%	0.00%	0.00%	0.00%	-51.47%	-17.30%
Return on Equity (ROE)	0.00%	19.16%	0.00%	0.00%	0.00%	0.00%	86.55%	41.29%
Cash Return on Invested Capital (CROIC)	0.00%	3.86%	0.00%	0.00%	0.00%	0.00%	54.69%	28.88%
Operating Return on Assets (OROA)	0.00%	19.18%	0.00%	0.00%	0.00%	0.00%	74.67%	35.37%
Return on Assets (ROA)	0.00%	15.71%	0.00%	0.00%	0.00%	0.00%	57.48%	26.69%
Return on Common Equity (ROCE)	0.00%	19.16%	0.00%	0.00%	0.00%	0.00%	86.55%	41.29%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	32.28%
Net Operating Profit after Tax (NOPAT)	2.86	21	8.62	5.20	-1.30	11	151	30
NOPAT Margin	2.46%	13.32%	6.27%	4.01%	-1.48%	8.39%	31.40%	17.12%
Net Nonoperating Expense Percent (NNEP)	2.39%	23.46%	-63.19%	1.77%	2.33%	0.40%	-0.02%	0.14%
Return On Investment Capital (ROIC_SIMPLE)	0.60%	-	1.95%	1.11%	-0.29%	-	-	-
Cost of Revenue to Revenue	75.88%	64.50%	71.32%	73.36%	72.61%	67.57%	51.47%	60.39%
SG&A Expenses to Revenue	11.22%	12.49%	11.68%	12.17%	15.51%	12.07%	4.52%	9.81%
R&D to Revenue	2.48%	1.11%	1.43%	1.71%	2.85%	1.65%	0.42%	0.97%
Operating Expenses to Revenue	20.56%	19.56%	20.47%	21.26%	29.49%	21.47%	7.89%	17.26%
Earnings before Interest and Taxes (EBIT)	4.13	32	11	6.97	-1.87	15	196	40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	4.13	40	19	15	6.18	15	204	48
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.27	1.92	1.52	1.56	1.95	1.29	1.60	2.32
Price to Tangible Book Value (P/TBV)	1.35	2.03	1.62	1.65	2.07	1.37	1.70	2.50
Price to Revenue (P/Rev)	0.00	1.43	0.00	0.00	0.00	0.00	0.67	1.11
Price to Earnings (P/E)	0.00	19.32	0.00	0.00	0.00	0.00	2.96	7.18
Dividend Yield	4.86%	2.85%	3.66%	3.91%	3.03%	3.62%	2.53%	1.85%
Earnings Yield	0.00%	5.18%	0.00%	0.00%	0.00%	0.00%	33.77%	13.93%
Enterprise Value to Invested Capital (EV/IC)	1.22	1.97	1.50	1.48	1.87	1.30	1.90	2.96
Enterprise Value to Revenue (EV/Rev)	0.00	1.39	0.00	0.00	0.00	0.00	0.53	0.96
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.86	0.00	0.00	0.00	0.00	1.60	4.01
Enterprise Value to EBIT (EV/EBIT)	0.00	14.47	0.00	0.00	0.00	0.00	1.79	4.91
Enterprise Value to NOPAT (EV/NOPAT)	0.00	20.73	0.00	0.00	0.00	0.00	2.35	6.60
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	6.97	5.86	0.00	0.00	107.74	3.30	2.81
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	4.23	11.32
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.30	0.10	0.17	0.27	0.18	0.07	0.00	0.00
Long-Term Debt to Equity	0.30	0.10	0.17	0.27	0.18	0.07	0.00	0.00
Financial Leverage	0.13	-0.05	0.00	0.16	0.09	-0.18	-0.37	-0.30
Leverage Ratio	1.55	1.43	1.46	1.59	1.51	1.43	1.51	1.55
Compound Leverage Factor	0.90	1.40	1.34	1.27	2.10	1.38	1.50	1.53
Debt to Total Capital	23.05%	9.10%	14.70%	21.15%	15.61%	6.21%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	23.05%	9.10%	14.70%	21.15%	15.61%	6.21%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	76.95%	90.90%	85.30%	78.85%	84.39%	93.79%	100.00%	100.00%
Debt to EBITDA	0.00	0.47	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	-0.25	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.47	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	1.11	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	-0.58	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	1.11	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	5.37	0.00	0.00	0.00	0.00	7.56	6.85
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	4.67	2.98	3.21	3.97	3.54	3.63	3.68	3.23
Quick Ratio	1.32	1.24	1.25	1.19	1.03	1.21	2.06	1.68
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-50	0.00	-31	0.00	0.00	-125	65	-11
Operating Cash Flow to CapEx	0.00%	794.03%	135.78%	-236.86%	-663.54%	0.00%	288.90%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.96	0.00	0.00	0.00	0.00	1.83	1.55
Accounts Receivable Turnover	0.00	9.38	0.00	0.00	0.00	0.00	13.28	12.25
Inventory Turnover	0.00	2.24	0.00	0.00	0.00	0.00	4.55	3.94
Fixed Asset Turnover	0.00	2.31	0.00	0.00	0.00	0.00	0.00	4.86
Accounts Payable Turnover	0.00	9.61	0.00	0.00	0.00	0.00	11.21	10.12
Days Sales Outstanding (DSO)	0.00	38.90	0.00	0.00	0.00	0.00	27.48	29.79
Days Inventory Outstanding (DIO)	0.00	163.12	0.00	0.00	0.00	0.00	80.20	92.58
Days Payable Outstanding (DPO)	0.00	37.99	0.00	0.00	0.00	0.00	32.57	36.08
Cash Conversion Cycle (CCC)	0.00	164.03	0.00	0.00	0.00	0.00	75.11	86.30
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	446	377	394	429	412	355	240	219
Invested Capital Turnover	0.00	1.42	0.00	0.00	0.00	0.00	4.40	3.42
Increase / (Decrease) in Invested Capital	52	0.00	39	0.00	0.00	136	86	41
Enterprise Value (EV)	544	744	591	634	772	462	455	649
Market Capitalization	462	765	574	574	737	482	576	756
Book Value per Share	$8.27	$8.75	$8.25	$8.23	$8.30	$8.16	$7.92	$6.76
Tangible Book Value per Share	$7.79	$8.27	$7.77	$7.75	$7.82	$7.66	$7.42	$6.27
Total Capital	473	438	441	468	448	399	361	326
Total Debt	109	40	65	99	70	25	0.00	0.00
Total Long-Term Debt	109	40	65	99	70	25	0.00	0.00
Net Debt	82	-21	17	60	34	-20	-121	-107
Capital Expenditures (CapEx)	0.00	5.49	75	3.12	4.64	0.00	8.84	-24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	208	130	143	190	169	180	118	100
Debt-free Net Working Capital (DFNWC)	235	191	190	229	205	225	239	208
Net Working Capital (NWC)	235	191	190	229	205	225	239	208
Net Nonoperating Expense (NNE)	1.19	-4.92	0.74	1.06	0.80	-0.25	0.03	-0.12
Net Nonoperating Obligations (NNO)	82	-21	17	60	34	-20	-121	-107
Total Depreciation and Amortization (D&A)	0.00	8.27	8.03	8.21	8.05	0.00	7.66	7.24
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	24.32%	0.00%	0.00%	0.00%	0.00%	13.65%	14.77%
Debt-free Net Working Capital to Revenue	0.00%	35.68%	0.00%	0.00%	0.00%	0.00%	27.62%	30.55%
Net Working Capital to Revenue	0.00%	35.68%	0.00%	0.00%	0.00%	0.00%	27.62%	30.55%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	$0.57	$0.17	$0.09	($0.05)	$0.24	$3.20	$0.65
Adjusted Weighted Average Basic Shares Outstanding	44.04M	45.81M	45.62M	44.52M	45.32M	45.90M	47.23M	46.76M
Adjusted Diluted Earnings per Share	$0.04	$0.57	$0.17	$0.09	($0.05)	$0.24	$3.20	$0.65
Adjusted Weighted Average Diluted Shares Outstanding	44.40M	46.25M	46.03M	44.94M	45.32M	46.17M	47.73M	47.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.20	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.00M	45.56M	45.52M	44.00M	44.85M	45.90M	45.76M	45.51M
Normalized Net Operating Profit after Tax (NOPAT)	2.86	21	8.62	5.20	-1.30	11	151	30
Normalized NOPAT Margin	2.46%	13.32%	6.27%	4.01%	-1.48%	8.39%	31.40%	17.12%
Pre Tax Income Margin	2.07%	19.65%	7.50%	4.28%	-2.94%	11.21%	40.64%	22.44%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	55.59%	0.00%	0.00%	0.00%	0.00%	7.73%	13.31%
Augmented Payout Ratio	0.00%	81.38%	0.00%	0.00%	0.00%	0.00%	54.00%	155.70%

Frequently Asked Questions About Smith & Wesson Brands' Financials

When does Smith & Wesson Brands's financial year end?

According to the most recent income statement we have on file, Smith & Wesson Brands' fiscal year ends in April. Their fiscal year 2024 ended on April 30, 2024.

How has Smith & Wesson Brands' net income changed over the last 3 years?

Smith & Wesson Brands' net income appears to be on a downward trend, with a most recent value of $39.61 million in 2024, falling from $252.05 million in 2021. The previous period was $36.88 million in 2023. See where experts think Smith & Wesson Brands is headed by visiting Smith & Wesson Brands' forecast page.

What is Smith & Wesson Brands's operating income?

Smith & Wesson Brands's total operating income in 2024 was $44.78 million, based on the following breakdown:

Total Gross Profit: $158.09 million
Total Operating Expenses: $113.31 million

How has Smith & Wesson Brands revenue changed over the last 3 years?

Over the last 3 years, Smith & Wesson Brands' total revenue changed from $1.06 billion in 2021 to $535.83 million in 2024, a change of -49.4%.

How much debt does Smith & Wesson Brands have?

Smith & Wesson Brands' total liabilities were at $179.84 million at the end of 2024, a 14.8% increase from 2023, and a 0.1% decrease since 2021.

How much cash does Smith & Wesson Brands have?

In the past 3 years, Smith & Wesson Brands' cash and equivalents has ranged from $53.56 million in 2023 to $120.73 million in 2022, and is currently $60.84 million as of their latest financial filing in 2024.

How has Smith & Wesson Brands' book value per share changed over the last 3 years?

Over the last 3 years, Smith & Wesson Brands' book value per share changed from 5.00 in 2021 to 8.75 in 2024, a change of 74.9%.

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This page (NASDAQ:SWBI) was last updated on 5/31/2025 by MarketBeat.com Staff

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Smith & Wesson Brands (SWBI) Financials

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Smith & Wesson Brands (SWBI) Financials

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