Full text
Earnings transcript
Read the complete earnings call transcript.
RH
Rh
$113.46
0.61
(0.54%)
| Exchange: | NYSE |
| Market Cap: | 2.131B |
| Shares Outstanding: | 4.404M |
About The Company
| Sector: | Consumer Cyclical | |||||
| Industry: | Specialty Retail | |||||
| CEO: | Gary G. Friedman | |||||
| Full Time Employees: | 5690 | |||||
| Address: |
| |||||
| Website: | https://www.rh.com |
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3,029,126 | 3,180,753 | 3,439,536 |
| Gross Profit | 1,389,019 | 1,414,932 | 1,515,757 |
| EBITDA | 523,585 | 453,284 | 387,268 |
| Operating Income | 363,179 | 367,755 | 387,268 |
| Net Income | 127,561 | 72,412 | 124,787 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 4,143,897 | 4,554,689 | 4,835,710 |
| Total Liabilities | 4,441,291 | 4,718,278 | 4,775,110 |
| Total Stockholders Equity | -297,394 | -163,589 | 60,600 |
| Total Debt | 3,716,368 | 3,937,889 | 1,423,921 |
| Cash and Cash Equivalents | 123,688 | 30,413 | 41,191 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 202,214 | 17,095 | 452,241 |
| Capital Expenditure | -269,356 | -230,788 | -199,843 |
| Free Cash Flow | -67,142 | -213,693 | 252,398 |
| Net Income | 127,561 | 72,412 | 124,787 |
| Net Change in Cash | -1,388,075 | -93,275 | 10,778 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 4,592,027.173 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 4,714,536.180 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 4,638,400 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 945,559.550 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 970,785.786 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 955,108.333 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 471,796.029 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 488,208.862 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 478,008.743 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,393,404.327 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,430,578.449 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,407,475.693 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 23.910 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 24.420 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 23.600 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 8 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Growth: RH has demonstrated consistent revenue increases over recent years, as evidenced by income statement data, reflecting strong demand for its premium home furnishings and design services. This growth aligns with positive industry trends in the home improvement and luxury goods sectors.
- High Profit Margins: Key metrics indicate strong gross and net profit margins (grossProfitMarginTTM and netProfitMarginTTM), showcasing RH's ability to maintain profitability through premium pricing and operational efficiency compared to industry averages.
- Strong Brand Positioning: As highlighted in company profile data, RH operates in the specialty retail industry within the consumer cyclical sector, with a focus on high-end home furnishings. This niche positioning supports customer loyalty and pricing power.
- Positive Free Cash Flow: Cash flow statements reveal a healthy free cash flow (freeCashFlowYieldTTM), indicating RH's capacity to fund operations, reduce debt, or return value to shareholders without relying heavily on external financing.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about RH valuation
Is Rh (RH) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Rh (RH) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is RH a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether RH trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is RH’s P/E ratio?
You can see RH’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for RH?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is RH a good long-term investment?
Whether RH fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
RH
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.54
Trading Metrics:
| Open: | 109.84 | Previous Close: | 112.85 | |
| Day Low: | 108.38 | Day High: | 116.18 | |
| Year Low: | 106.3 | Year High: | 257 | |
| Price Avg 50: | 173.04 | Price Avg 200: | 189.78 | |
| Volume: | 2.615M | Average Volume: | 1.297M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeRH full analysis
Hey everyone, welcome back to the channel! Today, we’re diving deep into a comprehensive analysis of RH, the luxury home furnishings retailer formerly known as Restoration Hardware. If you’re looking to understand whether this stock is a buy, hold, or sell, stick around because we’re breaking down everything from financials to recent performance, and even intrinsic value. Let’s get started! So, if you’re not super familiar with RH, let me give you the quick rundown. This is a company that’s…
