Wayfair (W) Financials

$30.22 -0.70 (-2.27%)

Closing price 03:59 PM Eastern

Extended Trading

$30.93 +0.72 (+2.37%)

As of 07:57 PM Eastern

Annual Income Statements for Wayfair

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-77	-194	-245	-504	-985	185	-131	-1,331	-738	-492
Consolidated Net Income / (Loss)	-77	-194	-245	-504	-985	185	-131	-1,331	-738	-492
Net Income / (Loss) Continuing Operations	-77	-194	-245	-504	-985	185	-131	-1,331	-738	-492
Total Pre-Tax Income	-77	-194	-244	-502	-982	205	-130	-1,319	-729	-482
Total Operating Income	-81	-196	-235	-473	-930	360	-94	-1,384	-813	-461
Total Gross Profit	541	808	1,119	1,587	2,147	4,112	3,895	3,416	3,667	3,574
Total Revenue	2,250	3,380	4,721	6,779	9,127	14,145	13,708	12,218	12,003	11,851
Operating Revenue	2,250	3,380	4,721	6,779	9,127	14,145	13,708	12,218	12,003	11,851
Total Cost of Revenue	1,709	2,573	3,602	5,192	6,980	10,033	9,813	8,802	8,336	8,277
Operating Cost of Revenue	1,709	2,573	3,602	5,192	6,980	10,033	9,813	8,802	8,336	8,277
Total Operating Expenses	622	1,004	1,354	2,060	3,077	3,752	3,989	4,800	4,480	4,035
Selling, General & Admin Expense	263	467	635	1,026	1,624	1,826	2,015	2,625	2,447	1,977
Marketing Expense	278	409	550	774	1,096	1,412	1,378	1,473	1,397	1,472
Other Operating Expenses / (Income)	81	128	170	260	357	510	584	632	557	470
Impairment Charge	-	-	-	-	0.00	0.00	12	39	14	37
Restructuring Charge	-	-	-	-	-	4.00	0.00	31	65	79
Total Other Income / (Expense), net	4.00	2.45	-8.68	-29	-52	-155	-36	65	84	-21
Interest Expense	-	-	-	-	-	0.00	0.00	-96	-100	-29
Interest & Investment Income	1.28	0.69	-9.43	-29	-55	-146	-32	-27	-17	-29
Other Income / (Expense), net	2.72	1.76	0.76	-0.20	3.00	-9.00	-4.00	-4.00	1.00	-21
Income Tax Expense	0.10	0.61	0.49	2.04	3.00	20	1.00	12	9.00	10
Basic Earnings per Share	($0.92)	($2.29)	($2.81)	($5.63)	($10.68)	$1.93	($1.26)	($12.54)	($6.47)	($4.01)
Weighted Average Basic Shares Outstanding	83.73M	84.98M	86.98M	89.47M	92M	96M	104M	106M	114M	123M
Diluted Earnings per Share	($0.92)	($2.29)	($2.81)	($5.63)	($10.68)	$1.86	($1.26)	($12.54)	($6.47)	($4.01)
Weighted Average Diluted Shares Outstanding	83.73M	84.98M	86.98M	89.47M	92M	99M	104M	106M	114M	123M
Weighted Average Basic & Diluted Shares Outstanding	83.73M	84.98M	86.98M	89.47M	92.20M	103.58M	105.09M	110.54M	120.36M	126.90M

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128
Consolidated Net Income / (Loss)	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128
Net Income / (Loss) Continuing Operations	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128
Total Pre-Tax Income	-282	-342	-353	-44	-161	-171	-245	-40	-71	-126
Total Operating Income	-372	-330	-347	-142	-152	-172	-235	-35	-74	-117
Total Gross Profit	824	893	821	985	917	944	819	941	873	941
Total Revenue	2,840	3,101	2,774	3,171	2,944	3,114	2,729	3,117	2,884	3,121
Operating Revenue	2,840	3,101	2,774	3,171	2,944	3,114	2,729	3,117	2,884	3,121
Total Cost of Revenue	2,016	2,208	1,953	2,186	2,027	2,170	1,910	2,176	2,011	2,180
Operating Cost of Revenue	2,016	2,208	1,953	2,186	2,027	2,170	1,910	2,176	2,011	2,180
Total Operating Expenses	1,196	1,223	1,168	1,127	1,069	1,116	1,054	976	947	1,058
Selling, General & Admin Expense	656	655	624	630	596	597	534	489	480	474
Marketing Expense	353	406	327	352	337	381	324	365	354	429
Other Operating Expenses / (Income)	156	163	139	144	136	138	117	121	112	120
Impairment Charge	0.00	-1.00	13	1.00	0.00	-	0.00	1.00	1.00	35
Total Other Income / (Expense), net	90	-12	-6.00	98	-9.00	1.00	-10	-5.00	3.00	-9.00
Interest & Investment Income	-5.00	-8.00	-5.00	-5.00	-5.00	-2.00	-6.00	-4.00	-5.00	-14
Other Income / (Expense), net	-1.00	-4.00	-1.00	3.00	-4.00	3.00	-4.00	-1.00	8.00	-24
Income Tax Expense	1.00	9.00	2.00	2.00	2.00	3.00	3.00	2.00	3.00	2.00
Basic Earnings per Share	($2.66)	($3.25)	($3.22)	($0.41)	($1.40)	($1.44)	($2.06)	($0.34)	($0.60)	($1.01)
Weighted Average Basic Shares Outstanding	106M	106M	110M	112M	116M	114M	120M	122M	123M	123M
Diluted Earnings per Share	($2.66)	($3.25)	($3.22)	($0.41)	($1.40)	($1.44)	($2.06)	($0.34)	($0.60)	($1.01)
Weighted Average Diluted Shares Outstanding	106M	106M	110M	112M	116M	114M	120M	122M	123M	123M
Weighted Average Basic & Diluted Shares Outstanding	107.12M	110.54M	112.29M	115.95M	117.95M	120.36M	121.93M	123.46M	125.32M	126.90M

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-22	-54	279	292	-267	1,547	-424	-656	276	-6.00
Net Cash From Operating Activities	135	63	34	85	-197	1,417	410	-674	349	317
Net Cash From Continuing Operating Activities	135	63	34	85	-197	1,417	410	-674	349	317
Net Income / (Loss) Continuing Operations	-77	-194	-245	-504	-985	185	-131	-1,331	-738	-492
Consolidated Net Income / (Loss)	-77	-194	-245	-504	-985	185	-131	-1,331	-738	-492
Depreciation Expense	32	56	87	124	192	286	322	371	417	387
Amortization Expense	0.00	0.00	5.83	23	62	134	7.00	8.00	8.00	9.00
Non-Cash Adjustments To Reconcile Net Income	31	50	69	128	225	289	362	497	516	402
Changes in Operating Assets and Liabilities, net	149	152	116	315	309	523	-150	-219	146	11
Net Cash From Investing Activities	-138	-96	-130	-260	-855	-236	-515	1.00	-152	-262
Net Cash From Continuing Investing Activities	-138	-96	-130	-260	-855	-236	-515	1.00	-152	-262
Purchase of Property, Plant & Equipment	-45	-97	-100	-159	-272	-186	-101	-186	-148	-73
Purchase of Investments	-207	-88	-55	-99	-554	-481	-989	-430	-36	-67
Sale and/or Maturity of Investments	134	120	71	61	115	580	749	889	233	39
Other Investing Activities, net	-22	-32	-46	-63	-144	-149	-174	-272	-201	-161
Net Cash From Financing Activities	-19	-21	375	467	787	353	-303	16	77	-69
Net Cash From Continuing Financing Activities	-19	-21	375	467	787	353	-303	16	77	-69
Repayment of Debt	-	-	0.00	-1.15	-3.00	-1,240	-3.00	-507	-514	-855
Repurchase of Common Equity	-	-	-	0.00	0.00	-380	-300	-75	0.00	0.00
Issuance of Debt	0.00	0.00	420	562	935	2,228	0.00	678	678	786
Other Financing Activities, net	-19	-21	-45	-93	-145	-255	0.00	-80	-87	0.00
Other Net Changes in Cash	-	-	-	-	-	-	-16	-	-	8.00
Cash Interest Paid	-	0.00	0.00	1.55	8.00	17	27	27	53	63

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-363	319	-80	279	42	35	-215	197	-8.00	20
Net Cash From Operating Activities	-431	98	-147	217	121	158	-139	245	49	162
Net Cash From Continuing Operating Activities	-431	98	-147	217	121	158	-139	245	49	162
Net Income / (Loss) Continuing Operations	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128
Consolidated Net Income / (Loss)	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128
Depreciation Expense	94	101	104	102	106	105	104	99	94	90
Amortization Expense	3.00	1.00	1.00	2.00	3.00	2.00	3.00	2.00	2.00	2.00
Non-Cash Adjustments To Reconcile Net Income	14	178	157	62	142	155	118	89	99	96
Changes in Operating Assets and Liabilities, net	-259	169	-54	97	33	70	-116	97	-72	102
Net Cash From Investing Activities	-22	212	64	-15	-79	-122	-75	-52	-51	-84
Net Cash From Continuing Investing Activities	-22	212	64	-15	-79	-122	-75	-52	-51	-84
Purchase of Property, Plant & Equipment	-43	-50	-34	-37	-30	-47	-13	-23	-17	-20
Purchase of Investments	-18	-10	0.00	-	-4.00	-32	-36	-2.00	1.00	-30
Sale and/or Maturity of Investments	103	339	151	74	4.00	4.00	15	12	6.00	6.00
Other Investing Activities, net	-64	-67	-53	-52	-49	-47	-41	-39	-41	-40
Net Cash From Financing Activities	91	-	0.00	77	-	-	0.00	3.00	-	-72
Net Cash From Continuing Financing Activities	91	-	0.00	77	-	-	0.00	3.00	-	-72
Repayment of Debt	-507	-	-	-	-	-	-	-	-	-858
Issuance of Debt	678	-	-	-	-	-	-	-	-	786
Cash Interest Paid	13	1.00	20	2.00	18	13	18	13	18	14

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	695	762	1,213	1,891	2,953	4,570	4,570	3,580	3,474	3,459
Total Current Assets	492	477	817	1,256	1,377	3,046	3,012	1,933	1,855	1,877
Cash & Equivalents	334	280	559	849	583	2,130	1,706	1,050	1,322	1,316
Short-Term Investments	52	69	61	114	404	462	693	228	29	56
Accounts Receivable	9.91	19	38	51	100	110	226	272	140	155
Inventories, net	20	19	28	46	62	52	69	90	75	76
Prepaid Expenses	76	91	131	195	229	292	318	293	289	274
Plant, Property, & Equipment, net	112	239	361	607	625	684	674	774	748	603
Total Noncurrent Assets	90	45	35	28	951	840	884	873	871	979
Other Noncurrent Operating Assets	6.35	10	11	19	796	840	884	873	871	979
Total Liabilities & Shareholders' Equity	695	762	1,213	1,891	2,953	4,570	4,570	3,580	3,474	3,459
Total Liabilities	452	682	1,262	2,222	3,897	5,762	6,189	6,130	6,181	6,214
Total Current Liabilities	397	557	740	1,139	1,612	2,166	2,217	2,072	2,183	2,370
Accounts Payable	271	379	440	650	908	1,157	1,166	1,204	1,234	1,246
Other Current Liabilities	24	44	85	128	703	1,009	1,051	868	949	1,124
Total Noncurrent Liabilities	55	125	522	1,082	2,286	3,596	3,972	4,058	3,998	3,844
Long-Term Debt	-	0.00	333	739	1,456	2,659	3,052	3,137	3,092	2,882
Other Noncurrent Operating Liabilities	55	96	106	160	830	937	920	921	906	962
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	243	79	-44	-331	-944	-1,192	-1,619	-2,550	-2,707	-2,755
Total Preferred & Common Equity	243	79	-48	-331	-944	-1,192	-1,619	-2,550	-2,707	-2,755
Preferred Stock	-	-	-	-	0.00	-	-	0.00	-	0.00
Total Common Equity	243	79	-44	-331	-944	-1,192	-1,619	-2,550	-2,707	-2,755
Common Stock	378	409	537	754	1,123	699	337	737	1,316	1,751
Retained Earnings	-136	-330	-583	-1,083	-2,065	-1,886	-1,949	-3,280	-4,018	-4,510
Accumulated Other Comprehensive Income / (Loss)	0.14	-0.01	-2.36	-1.78	-1.43	-5.00	-7.00	-7.00	-5.00	4.00

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

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	3,653	3,212	3,382	3,360	3,240	3,436	3,414
Total Current Assets	2,004	1,607	1,774	1,784	1,588	1,822	1,812
Cash & Equivalents	731	970	1,249	1,281	1,107	1,304	1,296
Short-Term Investments	557	78	4.00	0.00	50	39	32
Accounts Receivable	332	181	128	132	113	161	155
Inventories, net	103	83	77	79	81	78	81
Prepaid Expenses	281	295	316	292	237	240	248
Plant, Property, & Equipment, net	763	762	759	751	714	680	658
Total Noncurrent Assets	886	843	849	825	938	934	944
Other Noncurrent Operating Assets	886	34	43	47	938	934	944
Total Liabilities & Shareholders' Equity	3,653	3,212	3,382	3,360	3,240	3,436	3,414
Total Liabilities	6,031	5,957	6,080	6,068	6,065	6,196	6,147
Total Current Liabilities	1,961	1,909	1,974	1,996	2,025	2,207	2,169
Accounts Payable	1,056	1,058	1,104	1,173	1,055	1,168	1,187
Other Current Liabilities	905	851	870	823	970	1,039	982
Total Noncurrent Liabilities	4,070	4,048	4,106	4,072	4,040	3,989	3,978
Long-Term Debt	3,134	3,138	3,205	3,207	3,095	3,059	3,061
Other Noncurrent Operating Liabilities	936	43	40	38	945	930	917
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-2,378	-2,745	-2,698	-2,708	-2,825	-2,760	-2,733
Total Preferred & Common Equity	-2,378	-2,745	-2,698	-2,708	-2,825	-2,760	-2,733
Preferred Stock	-	-	-	-	-	-	0.00
Total Common Equity	-2,378	-2,745	-2,698	-2,708	-2,825	-2,760	-2,733
Common Stock	565	894	988	1,142	1,446	1,552	1,657
Retained Earnings	-2,929	-3,635	-3,681	-3,844	-4,266	-4,308	-4,382
Accumulated Other Comprehensive Income / (Loss)	-14	-4.00	-5.00	-6.00	-5.00	-4.00	-8.00

This table displays calculated financial ratios and metrics derived from Wayfair's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	70.58%	50.25%	39.66%	43.60%	34.63%	54.98%	-3.09%	-10.87%	-1.76%	-1.27%
EBITDA Growth	63.42%	-200.72%	-2.13%	-130.78%	-105.59%	214.56%	-70.04%	-536.80%	61.65%	77.78%
EBIT Growth	46.97%	-147.31%	-20.69%	-101.74%	-95.78%	137.86%	-127.92%	-1,316.33%	41.50%	40.64%
NOPAT Growth	44.95%	-141.20%	-20.00%	-101.01%	-96.50%	149.90%	-120.25%	-1,372.34%	41.26%	43.30%
Net Income Growth	47.71%	-150.99%	-25.85%	-106.07%	-95.41%	118.78%	-170.81%	-916.03%	44.55%	33.33%
EPS Growth	69.02%	-148.91%	-22.71%	-100.36%	-89.70%	117.42%	-167.74%	-895.24%	48.41%	38.02%
Operating Cash Flow Growth	3,175.66%	-53.51%	-46.45%	152.31%	-332.14%	819.29%	-71.07%	-264.39%	151.78%	-9.17%
Free Cash Flow Firm Growth	196.09%	-259.40%	-80.67%	-40.19%	-76.17%	305.14%	-127.44%	-453.29%	76.35%	85.14%
Invested Capital Growth	-102.51%	-21.42%	-1.15%	-38.13%	-66.40%	-78.37%	14.13%	28.47%	-39.80%	-28.88%
Revenue Q/Q Growth	17.26%	7.81%	10.65%	9.27%	6.03%	8.74%	-2.96%	-1.22%	0.11%	0.06%
EBITDA Q/Q Growth	55.79%	-16.86%	-8.60%	-17.80%	-26.62%	151.26%	-60.32%	-12.99%	30.52%	13.13%
EBIT Q/Q Growth	41.92%	-16.81%	-11.17%	-15.94%	-23.37%	694.94%	-148.29%	-10.77%	16.89%	5.49%
NOPAT Q/Q Growth	40.99%	-16.48%	-11.34%	-15.04%	-23.32%	1,115.65%	-141.32%	-10.72%	16.27%	10.66%
Net Income Q/Q Growth	42.42%	-17.15%	-13.35%	-16.41%	-23.40%	209.17%	-238.15%	-12.61%	19.34%	8.55%
EPS Q/Q Growth	36.99%	-16.84%	-12.40%	-15.84%	-22.62%	177.82%	-201.61%	-12.97%	21.86%	9.68%
Operating Cash Flow Q/Q Growth	35.50%	-21.17%	-52.12%	7.13%	-66.96%	20.75%	-22.35%	1.32%	20.76%	1.28%
Free Cash Flow Firm Q/Q Growth	0.00%	-31.81%	-38.63%	-9.09%	-39.29%	42.60%	-85.31%	-2.22%	76.60%	-106.39%
Invested Capital Q/Q Growth	-53.96%	-39.02%	-21.13%	-23.57%	-15.11%	2.54%	-10.55%	-29.89%	-2,246.67%	-24.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.03%	23.90%	23.70%	23.41%	23.52%	29.07%	28.41%	27.96%	30.55%	30.16%
EBITDA Margin	-2.05%	-4.11%	-3.00%	-4.83%	-7.37%	5.45%	1.69%	-8.26%	-3.22%	-0.73%
Operating Margin	-3.62%	-5.80%	-4.99%	-6.98%	-10.19%	2.55%	-0.69%	-11.33%	-6.77%	-3.89%
EBIT Margin	-3.49%	-5.75%	-4.97%	-6.98%	-10.16%	2.48%	-0.71%	-11.36%	-6.77%	-4.07%
Profit (Net Income) Margin	-3.44%	-5.75%	-5.18%	-7.44%	-10.79%	1.31%	-0.96%	-10.89%	-6.15%	-4.15%
Tax Burden Percent	100.12%	100.31%	100.20%	100.41%	100.31%	90.24%	100.77%	100.91%	101.23%	102.07%
Interest Burden Percent	98.37%	99.64%	104.02%	106.03%	105.93%	58.40%	132.65%	95.03%	89.78%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	9.76%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-28.26%	-120.76%	-1,367.28%	269.33%	154.52%	-17.32%	9.32%	63.85%	28.08%	18.02%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-12.58%	-26.71%	-23.77%	-30.51%	-38.28%	9.33%	-2.14%	-34.06%	-23.02%	-13.90%
Return on Assets (ROA)	-12.39%	-26.70%	-24.77%	-32.48%	-40.67%	4.92%	-2.87%	-32.66%	-20.92%	-14.19%
Return on Common Equity (ROCE)	-28.27%	-120.82%	-1,366.29%	269.33%	154.52%	-17.32%	9.32%	63.85%	28.08%	18.02%
Return on Equity Simple (ROE_SIMPLE)	-31.93%	-244.85%	506.14%	152.42%	104.32%	-15.52%	8.09%	52.20%	27.26%	17.86%
Net Operating Profit after Tax (NOPAT)	-57	-137	-165	-331	-651	325	-66	-969	-569	-323
NOPAT Margin	-2.53%	-4.06%	-3.49%	-4.89%	-7.13%	2.30%	-0.48%	-7.93%	-4.74%	-2.72%
Net Nonoperating Expense Percent (NNEP)	-4.65%	-13.97%	-27.45%	-123.82%	251.89%	73.52%	18.11%	28.84%	9.38%	10.42%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-165.04%	-147.82%	-254.09%
Cost of Revenue to Revenue	75.97%	76.10%	76.30%	76.59%	76.48%	70.93%	71.59%	72.04%	69.45%	69.84%
SG&A Expenses to Revenue	11.67%	13.82%	13.45%	15.13%	17.79%	12.91%	14.70%	21.48%	20.39%	16.68%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.65%	29.70%	28.69%	30.39%	33.71%	26.53%	29.10%	39.29%	37.32%	34.05%
Earnings before Interest and Taxes (EBIT)	-79	-194	-235	-473	-927	351	-98	-1,388	-812	-482
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-46	-139	-142	-327	-673	771	231	-1,009	-387	-86
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	16.50	37.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	16.76	39.91	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.78	0.89	1.49	1.20	0.92	1.59	1.45	0.29	0.61	0.47
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	121.39	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.57	0.78	1.45	1.19	0.96	1.59	1.50	0.44	0.75	0.60
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	29.21	88.80	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	64.17	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	69.33	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	26.20	42.15	202.89	95.33	0.00	15.90	50.03	0.00	25.84	22.28
Enterprise Value to Free Cash Flow (EV/FCFF)	63.06	0.00	0.00	0.00	0.00	27.50	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.36	-9.53	-2.79	-1.54	-2.23	-1.89	-1.23	-1.14	-1.05
Long-Term Debt to Equity	0.00	0.36	-9.53	-2.79	-1.54	-2.23	-1.89	-1.23	-1.14	-1.05
Financial Leverage	-1.61	-2.54	-16.25	0.75	-0.21	-0.18	-0.26	-0.60	-0.68	-0.60
Leverage Ratio	2.28	4.52	55.20	-8.29	-3.80	-3.52	-3.25	-1.95	-1.34	-1.27
Compound Leverage Factor	2.24	4.51	57.42	-8.79	-4.02	-2.06	-4.31	-1.86	-1.20	-1.27
Debt to Total Capital	0.00%	26.69%	111.73%	155.94%	284.42%	181.25%	212.98%	534.41%	803.12%	2,269.29%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	26.69%	111.73%	155.94%	284.42%	181.25%	212.98%	534.41%	803.12%	2,269.29%
Preferred Equity to Total Capital	0.00%	0.00%	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%	0.00%	0.00%
Common Equity to Total Capital	100.08%	73.29%	-11.73%	-55.94%	-184.42%	-81.25%	-112.98%	-434.41%	-703.12%	-2,169.29%
Debt to EBITDA	0.00	-0.21	-2.93	-2.82	-2.16	3.45	13.21	-3.11	-7.99	-33.51
Net Debt to EBITDA	0.00	2.52	1.59	0.15	-0.47	0.09	2.83	-1.84	-4.50	-17.56
Long-Term Debt to EBITDA	0.00	-0.21	-2.93	-2.82	-2.16	3.45	13.21	-3.11	-7.99	-33.51
Debt to NOPAT	0.00	-0.21	-2.52	-2.78	-2.24	8.18	-46.38	-3.24	-5.43	-8.93
Net Debt to NOPAT	0.00	2.55	1.37	0.15	-0.48	0.21	-9.92	-1.92	-3.06	-4.68
Long-Term Debt to NOPAT	0.00	-0.21	-2.52	-2.78	-2.24	8.18	-46.38	-3.24	-5.43	-8.93
Altman Z-Score	8.07	5.50	6.01	4.23	2.28	5.34	4.47	1.15	1.66	1.51
Noncontrolling Interest Sharing Ratio	-0.02%	-0.05%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.24	0.86	1.10	1.10	0.85	1.41	1.36	0.93	0.85	0.79
Quick Ratio	1.00	0.66	0.89	0.89	0.67	1.25	1.18	0.75	0.68	0.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	56	-89	-162	-227	-399	819	-225	-1,244	-294	-44
Operating Cash Flow to CapEx	302.64%	64.95%	33.48%	53.30%	-72.43%	761.83%	405.94%	-362.37%	235.81%	434.25%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	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	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	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	3.60	4.64	4.78	4.37	3.77	3.76	3.00	3.00	3.40	3.42
Accounts Receivable Turnover	283.81	232.98	165.47	153.11	121.43	134.89	81.60	49.07	58.27	80.35
Inventory Turnover	86.11	133.81	154.62	139.95	129.43	176.49	162.20	110.72	101.04	109.63
Fixed Asset Turnover	26.02	19.22	15.72	14.00	14.82	21.62	20.19	16.88	15.77	17.54
Accounts Payable Turnover	8.16	7.91	8.79	9.52	8.96	9.72	8.45	7.43	6.84	6.68
Days Sales Outstanding (DSO)	1.29	1.57	2.21	2.38	3.01	2.71	4.47	7.44	6.26	4.54
Days Inventory Outstanding (DIO)	4.24	2.73	2.36	2.61	2.82	2.07	2.25	3.30	3.61	3.33
Days Payable Outstanding (DPO)	44.72	46.14	41.54	38.33	40.74	37.56	43.20	49.14	53.38	54.68
Cash Conversion Cycle (CCC)	-39.19	-41.85	-36.97	-33.34	-34.92	-32.79	-36.48	-38.40	-43.50	-46.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-223	-271	-274	-379	-631	-1,125	-966	-691	-966	-1,245
Invested Capital Turnover	-13.48	-13.67	-17.30	-20.75	-18.08	-16.11	-13.11	-14.75	-14.49	-10.72
Increase / (Decrease) in Invested Capital	-113	-48	-3.13	-105	-252	-494	159	275	-275	-279
Enterprise Value (EV)	3,540	2,648	6,824	8,090	8,730	22,523	20,513	5,382	9,018	7,064
Market Capitalization	4,006	2,998	7,050	8,138	8,416	22,456	19,860	3,523	7,277	5,554
Book Value per Share	$2.89	$0.93	($0.50)	($3.66)	($10.14)	($11.99)	($15.49)	($23.80)	($22.95)	($21.98)
Tangible Book Value per Share	$2.84	$0.88	($0.53)	($3.69)	($10.14)	($11.99)	($15.49)	($23.80)	($22.95)	($21.98)
Total Capital	243	108	372	591	512	1,467	1,433	587	385	127
Total Debt	0.00	29	415	922	1,456	2,659	3,052	3,137	3,092	2,882
Total Long-Term Debt	0.00	29	415	922	1,456	2,659	3,052	3,137	3,092	2,882
Net Debt	-466	-351	-226	-48	314	67	653	1,859	1,741	1,510
Capital Expenditures (CapEx)	45	97	100	159	272	186	101	186	148	73
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-291	-429	-543	-847	-1,221	-1,712	-1,604	-1,417	-1,679	-1,865
Debt-free Net Working Capital (DFNWC)	95	-80	77	117	-234	880	795	-139	-328	-493
Net Working Capital (NWC)	95	-80	77	117	-234	880	795	-139	-328	-493
Net Nonoperating Expense (NNE)	20	57	80	173	334	140	65	362	169	169
Net Nonoperating Obligations (NNO)	-466	-351	-231	-48	314	67	653	1,859	1,741	1,510
Total Depreciation and Amortization (D&A)	32	56	93	146	254	420	329	379	425	396
Debt-free, Cash-free Net Working Capital to Revenue	-12.92%	-12.68%	-11.50%	-12.49%	-13.38%	-12.10%	-11.70%	-11.60%	-13.99%	-15.74%
Debt-free Net Working Capital to Revenue	4.24%	-2.37%	1.63%	1.72%	-2.57%	6.22%	5.80%	-1.14%	-2.73%	-4.16%
Net Working Capital to Revenue	4.24%	-2.37%	1.63%	1.72%	-2.57%	6.22%	5.80%	-1.14%	-2.73%	-4.16%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.92)	($2.29)	($2.81)	($5.63)	($10.68)	$1.93	($1.26)	($12.54)	($6.47)	($4.01)
Adjusted Weighted Average Basic Shares Outstanding	84.38M	85.96M	88.50M	91.10M	94.12M	95.83M	104M	106M	114M	123M
Adjusted Diluted Earnings per Share	($0.92)	($2.29)	($2.81)	($5.63)	($10.68)	$1.86	($1.26)	($12.54)	($6.47)	($4.01)
Adjusted Weighted Average Diluted Shares Outstanding	84.38M	85.96M	88.50M	91.10M	94.12M	99.34M	104M	106M	114M	123M
Adjusted Basic & Diluted Earnings per Share	($0.92)	($2.29)	($2.81)	($5.63)	($10.68)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	83.73M	84.98M	86.98M	89.47M	92.20M	103.58M	105.09M	110.54M	120.36M	126.90M
Normalized Net Operating Profit after Tax (NOPAT)	-57	-137	-165	-331	-651	328	-57	-920	-514	-242
Normalized NOPAT Margin	-2.53%	-4.06%	-3.49%	-4.89%	-7.13%	2.32%	-0.42%	-7.53%	-4.28%	-2.04%
Pre Tax Income Margin	-3.44%	-5.73%	-5.17%	-7.41%	-10.76%	1.45%	-0.95%	-10.80%	-6.07%	-4.07%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	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	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	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	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	205.41%	-229.01%	-5.63%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Wayfair's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.00%	-4.64%	-7.32%	-3.44%	3.66%	0.42%	-1.62%	-1.70%	-2.04%	0.22%
EBITDA Growth	-1,633.33%	-100.00%	-8.97%	87.41%	82.97%	73.28%	45.68%	285.71%	163.83%	20.97%
EBIT Growth	-465.15%	-67.84%	-12.26%	62.53%	58.18%	49.40%	31.32%	74.10%	57.69%	16.57%
NOPAT Growth	-431.43%	-68.37%	-11.94%	61.83%	59.14%	47.88%	32.28%	75.35%	51.32%	31.98%
Net Income Growth	-262.82%	-73.76%	-11.29%	87.83%	42.40%	50.43%	30.14%	8.70%	54.60%	26.44%
EPS Growth	-254.67%	-79.56%	-5.92%	88.58%	47.37%	55.69%	36.02%	17.07%	57.14%	29.86%
Operating Cash Flow Growth	-229.01%	10.11%	34.96%	288.70%	128.07%	61.22%	5.44%	12.90%	-59.50%	2.53%
Free Cash Flow Firm Growth	-82.74%	-70.83%	-166.58%	-97.94%	-13.48%	130.55%	172.34%	208.73%	245.33%	27.49%
Invested Capital Growth	39.12%	28.47%	125.33%	113.87%	108.46%	-39.80%	-518.40%	-1,007.83%	-2,322.22%	-28.88%
Revenue Q/Q Growth	-13.52%	9.19%	-10.55%	14.31%	-7.16%	5.77%	-12.36%	14.22%	-7.48%	8.22%
EBITDA Q/Q Growth	0.72%	15.94%	-4.74%	85.60%	-34.29%	-31.91%	-112.90%	149.24%	-53.85%	-263.33%
EBIT Q/Q Growth	-0.54%	10.46%	-4.19%	60.06%	-12.23%	-8.33%	-41.42%	84.94%	-83.33%	-113.64%
NOPAT Q/Q Growth	0.00%	11.29%	-5.15%	59.08%	-7.04%	-13.16%	-36.63%	85.11%	-111.43%	-58.11%
Net Income Q/Q Growth	25.13%	-24.03%	-1.14%	87.04%	-254.35%	-6.75%	-42.53%	83.06%	-76.19%	-72.97%
EPS Q/Q Growth	25.91%	-22.18%	0.92%	87.27%	-241.46%	-2.86%	-43.06%	83.50%	-76.47%	-68.33%
Operating Cash Flow Q/Q Growth	-274.78%	122.74%	-250.00%	247.62%	-44.24%	30.58%	-187.97%	276.26%	-80.00%	230.61%
Free Cash Flow Firm Q/Q Growth	-14.24%	15.98%	-155.32%	19.24%	34.50%	122.62%	504.46%	21.40%	-12.45%	-80.16%
Invested Capital Q/Q Growth	35.83%	-29.89%	130.68%	-45.75%	-60.87%	-2,246.67%	8.18%	-17.70%	4.21%	-24.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.01%	28.80%	29.60%	31.06%	31.15%	30.31%	30.01%	30.19%	30.27%	30.15%
EBITDA Margin	-9.72%	-7.48%	-8.76%	-1.10%	-1.60%	-1.99%	-4.84%	2.09%	1.04%	-1.57%
Operating Margin	-13.10%	-10.64%	-12.51%	-4.48%	-5.16%	-5.52%	-8.61%	-1.12%	-2.57%	-3.75%
EBIT Margin	-13.13%	-10.77%	-12.55%	-4.38%	-5.30%	-5.43%	-8.76%	-1.16%	-2.29%	-4.52%
Profit (Net Income) Margin	-9.96%	-11.32%	-12.80%	-1.45%	-5.54%	-5.59%	-9.09%	-1.35%	-2.57%	-4.10%
Tax Burden Percent	100.35%	102.63%	100.57%	104.55%	101.24%	101.75%	101.22%	105.00%	104.23%	101.59%
Interest Burden Percent	75.60%	102.40%	101.44%	31.65%	103.21%	101.18%	102.51%	111.11%	107.58%	89.36%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	60.49%	63.85%	58.81%	42.74%	35.98%	28.08%	22.66%	22.98%	19.78%	18.02%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-964.01%	-1,545.83%	-2,792.67%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-40.02%	-32.29%	-40.31%	-13.93%	-18.12%	-18.47%	-32.46%	-4.03%	-8.00%	-15.45%
Return on Assets (ROA)	-30.36%	-33.94%	-41.12%	-4.61%	-18.93%	-19.02%	-33.69%	-4.71%	-8.97%	-14.02%
Return on Common Equity (ROCE)	60.49%	63.85%	58.81%	42.74%	35.98%	28.08%	22.66%	22.98%	19.78%	18.02%
Return on Equity Simple (ROE_SIMPLE)	49.71%	0.00%	49.80%	38.36%	33.79%	0.00%	22.34%	22.72%	19.69%	0.00%
Net Operating Profit after Tax (NOPAT)	-260	-231	-243	-99	-106	-120	-165	-25	-52	-82
NOPAT Margin	-9.17%	-7.45%	-8.76%	-3.13%	-3.61%	-3.87%	-6.03%	-0.79%	-1.80%	-2.62%
Net Nonoperating Expense Percent (NNEP)	1.81%	9.55%	5.57%	-2.59%	2.46%	2.98%	3.41%	0.77%	0.99%	2.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-39.35%	-	-	-	-31.27%	-	-	-	-64.49%
Cost of Revenue to Revenue	70.99%	71.20%	70.40%	68.94%	68.85%	69.69%	69.99%	69.81%	69.73%	69.85%
SG&A Expenses to Revenue	23.10%	21.12%	22.49%	19.87%	20.24%	19.17%	19.57%	15.69%	16.64%	15.19%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	42.11%	39.44%	42.11%	35.54%	36.31%	35.84%	38.62%	31.31%	32.84%	33.90%
Earnings before Interest and Taxes (EBIT)	-373	-334	-348	-139	-156	-169	-239	-36	-66	-141
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-276	-232	-243	-35	-47	-62	-132	65	30	-49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.28	0.29	0.32	0.61	0.59	0.61	0.67	0.54	0.59	0.47
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	31.85	87.94	217.25	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.43	0.44	0.56	0.85	0.82	0.75	0.83	0.68	0.73	0.60
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	33.83	25.84	27.86	21.16	27.70	22.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	16.35	10.96	12.68	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.32	-1.23	-1.46	-1.51	-1.49	-1.14	-1.10	-1.11	-1.12	-1.05
Long-Term Debt to Equity	-1.32	-1.23	-1.46	-1.51	-1.49	-1.14	-1.10	-1.11	-1.12	-1.05
Financial Leverage	-0.64	-0.60	-0.87	-0.85	-0.90	-0.68	-0.88	-0.83	-0.82	-0.60
Leverage Ratio	-2.08	-1.95	-1.61	-1.54	-1.38	-1.34	-1.16	-1.25	-1.25	-1.27
Compound Leverage Factor	-1.57	-2.00	-1.63	-0.49	-1.42	-1.36	-1.19	-1.39	-1.34	-1.13
Debt to Total Capital	414.55%	534.41%	317.86%	297.22%	304.22%	803.12%	1,146.30%	1,023.08%	933.23%	2,269.29%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	414.55%	534.41%	317.86%	297.22%	304.22%	803.12%	1,146.30%	1,023.08%	933.23%	2,269.29%
Preferred Equity to Total Capital	0.00%	0.00%	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%	0.00%	0.00%
Common Equity to Total Capital	-314.55%	-434.41%	-217.86%	-197.22%	-204.22%	-703.12%	-1,046.30%	-923.08%	-833.23%	-2,169.29%
Debt to EBITDA	-3.51	-3.11	-3.89	-5.17	-7.24	-7.99	-11.21	-17.38	-30.92	-33.51
Net Debt to EBITDA	-2.07	-1.84	-2.87	-3.58	-4.94	-4.50	-7.02	-9.75	-17.51	-17.56
Long-Term Debt to EBITDA	-3.51	-3.11	-3.89	-5.17	-7.24	-7.99	-11.21	-17.38	-30.92	-33.51
Debt to NOPAT	-3.58	-3.24	-4.03	-4.88	-5.94	-5.43	-6.31	-7.36	-8.47	-8.93
Net Debt to NOPAT	-2.11	-1.92	-2.97	-3.37	-4.05	-3.06	-3.95	-4.13	-4.80	-4.68
Long-Term Debt to NOPAT	-3.58	-3.24	-4.03	-4.88	-5.94	-5.43	-6.31	-7.36	-8.47	-8.93
Altman Z-Score	2.28	2.12	2.06	2.50	2.43	2.27	2.23	2.16	2.16	1.83
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.02	0.93	0.84	0.90	0.89	0.85	0.78	0.83	0.84	0.79
Quick Ratio	0.83	0.75	0.64	0.70	0.71	0.68	0.63	0.68	0.68	0.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-602	-506	-1,292	-1,043	-683	155	935	1,135	993	197
Operating Cash Flow to CapEx	-1,002.33%	196.00%	-432.35%	586.49%	403.33%	336.17%	-1,069.23%	1,065.22%	288.24%	810.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	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	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	3.05	3.00	3.21	3.18	3.42	3.40	3.71	3.49	3.50	3.42
Accounts Receivable Turnover	49.63	49.07	53.21	54.52	51.68	58.27	81.35	82.38	82.54	80.35
Inventory Turnover	105.71	110.72	105.09	95.58	92.02	101.04	101.13	106.88	103.34	109.63
Fixed Asset Turnover	17.46	16.88	16.44	15.97	15.84	15.77	16.20	16.54	16.81	17.54
Accounts Payable Turnover	8.42	7.43	7.67	7.15	7.51	6.84	7.85	7.29	7.01	6.68
Days Sales Outstanding (DSO)	7.36	7.44	6.86	6.69	7.06	6.26	4.49	4.43	4.42	4.54
Days Inventory Outstanding (DIO)	3.45	3.30	3.47	3.82	3.97	3.61	3.61	3.42	3.53	3.33
Days Payable Outstanding (DPO)	43.33	49.14	47.56	51.02	48.58	53.38	46.50	50.06	52.10	54.68
Cash Conversion Cycle (CCC)	-32.52	-38.40	-37.23	-40.51	-37.55	-43.50	-38.40	-42.21	-44.14	-46.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-532	-691	212	115	45	-966	-887	-1,044	-1,000	-1,245
Invested Capital Turnover	-17.60	-14.75	-38.40	-33.29	-49.24	-14.49	-35.43	-25.63	-24.80	-10.72
Increase / (Decrease) in Invested Capital	342	275	1,049	944	577	-275	-1,099	-1,159	-1,045	-279
Enterprise Value (EV)	5,303	5,382	6,753	10,113	9,776	9,018	9,944	8,145	8,669	7,064
Market Capitalization	3,457	3,523	3,796	7,300	7,023	7,277	8,006	6,429	6,936	5,554
Book Value per Share	($22.39)	($23.80)	($24.83)	($24.03)	($23.35)	($22.95)	($23.54)	($22.64)	($22.14)	($21.98)
Tangible Book Value per Share	($22.39)	($23.80)	($24.83)	($24.03)	($23.35)	($22.95)	($23.54)	($22.64)	($22.14)	($21.98)
Total Capital	756	587	1,260	1,368	1,326	385	270	299	328	127
Total Debt	3,134	3,137	4,005	4,066	4,034	3,092	3,095	3,059	3,061	2,882
Total Long-Term Debt	3,134	3,137	4,005	4,066	4,034	3,092	3,095	3,059	3,061	2,882
Net Debt	1,846	1,859	2,957	2,813	2,753	1,741	1,938	1,716	1,733	1,510
Capital Expenditures (CapEx)	43	50	34	37	30	47	13	23	17	20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,245	-1,417	-1,350	-1,453	-1,493	-1,679	-1,594	-1,728	-1,685	-1,865
Debt-free Net Working Capital (DFNWC)	43	-139	-302	-200	-212	-328	-437	-385	-357	-493
Net Working Capital (NWC)	43	-139	-302	-200	-212	-328	-437	-385	-357	-493
Net Nonoperating Expense (NNE)	23	120	112	-53	57	54	84	18	22	46
Net Nonoperating Obligations (NNO)	1,846	1,859	2,957	2,813	2,753	1,741	1,938	1,716	1,733	1,510
Total Depreciation and Amortization (D&A)	97	102	105	104	109	107	107	101	96	92
Debt-free, Cash-free Net Working Capital to Revenue	-10.07%	-11.60%	-11.25%	-12.22%	-12.45%	-13.99%	-13.33%	-14.52%	-14.23%	-15.74%
Debt-free Net Working Capital to Revenue	0.35%	-1.14%	-2.52%	-1.68%	-1.77%	-2.73%	-3.65%	-3.23%	-3.01%	-4.16%
Net Working Capital to Revenue	0.35%	-1.14%	-2.52%	-1.68%	-1.77%	-2.73%	-3.65%	-3.23%	-3.01%	-4.16%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.66)	($3.25)	($3.22)	($0.41)	($1.40)	($1.44)	($2.06)	($0.34)	($0.60)	($1.01)
Adjusted Weighted Average Basic Shares Outstanding	106M	106M	110M	112M	116M	114M	120M	122M	123M	123M
Adjusted Diluted Earnings per Share	($2.66)	($3.25)	($3.22)	($0.41)	($1.40)	($1.44)	($2.06)	($0.34)	($0.60)	($1.01)
Adjusted Weighted Average Diluted Shares Outstanding	106M	106M	110M	112M	116M	114M	120M	122M	123M	123M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	107.12M	110.54M	112.29M	115.95M	117.95M	120.36M	121.93M	123.46M	125.32M	126.90M
Normalized Net Operating Profit after Tax (NOPAT)	-239	-232	-188	-99	-106	-120	-109	-24	-51	-57
Normalized NOPAT Margin	-8.40%	-7.47%	-6.79%	-3.11%	-3.61%	-3.87%	-4.00%	-0.76%	-1.77%	-1.84%
Pre Tax Income Margin	-9.93%	-11.03%	-12.73%	-1.39%	-5.47%	-5.49%	-8.98%	-1.28%	-2.46%	-4.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	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	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	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	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-6.35%	-5.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Wayfair's Financials

When does Wayfair's fiscal year end?

According to the most recent income statement we have on file, Wayfair's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Wayfair's net income changed over the last 9 years?

Wayfair's net income appears to be on an upward trend, with a most recent value of -$492 million in 2024, rising from -$77.44 million in 2015. The previous period was -$738 million in 2023. See Wayfair's forecast for analyst expectations on what’s next for the company.

What is Wayfair's operating income?

Wayfair's total operating income in 2024 was -$461 million, based on the following breakdown:

Total Gross Profit: $3.57 billion
Total Operating Expenses: $4.04 billion

How has Wayfair revenue changed over the last 9 years?

Over the last 9 years, Wayfair's total revenue changed from $2.25 billion in 2015 to $11.85 billion in 2024, a change of 426.7%.

How much debt does Wayfair have?

Wayfair's total liabilities were at $6.21 billion at the end of 2024, a 0.5% increase from 2023, and a 1,274.7% increase since 2015.

How much cash does Wayfair have?

In the past 9 years, Wayfair's cash and equivalents has ranged from $279.84 million in 2016 to $2.13 billion in 2020, and is currently $1.32 billion as of their latest financial filing in 2024.

How has Wayfair's book value per share changed over the last 9 years?

Over the last 9 years, Wayfair's book value per share changed from 2.89 in 2015 to -21.98 in 2024, a change of -861.9%.

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This page (NYSE:W) was last updated on 5/6/2025 by MarketBeat.com Staff

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Wayfair (W) Financials

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Wayfair (W) Financials

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