National Vision Holdings, Inc. EYE R2K
Consumer Cyclical · Specialty Retail · United States
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company offers eyeglasses and contact lenses, and optical accessory products; and provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and DiscountContacts.com. It also offers health maintenance organization and optometric services. In addition, the company sells prescription and non-prescription eyewear, contact lenses and related accessories to retail customers. The company serves a diverse customer base, including price-driven consumers, style leaders, wellness shoppers with vision benefits, managed care customers, outside prescription customers, and progressive lens wearers. The company was formerly known as National Vision, Inc. and changed its name to National Vision Holdings, Inc. in March 2014. The company was founded in 1990 and is headquartered in Duluth, Georgia.
READ MORE ›$16.75
-15.45% 1Y
Market & Price
Market Cap
$1.34B
Current Price
$16.75
High / Low (52W)
$29.46 / $16.59
Beta
1.18
Valuation
Stock P/E
29.39
Industry PE
22.37
Forward P/E
14.16
PEG Ratio
-
Book Value
$11.21
Price to Book
1.49
P/S
0.66
EV/EBITDA
11.13
Dividend Yield
-
Profitability & Returns
ROCE
3.74%
ROE
5.37%
ROA
2.63%
Profit Margin
2.31%
Op Margin
8.70%
EPS (Latest Qtr)
$0.38
EPS (TTM)
$0.57
Balance Sheet & Liquidity
Debt/Equity
0.77
Quick Ratio
0.27
Current Ratio
0.62
Debt
$692.13M
Total Assets
$1.98B
Current Assets
$225.72M
Working Capital
$-186.69M
Ownership
Promoter Holding
2.43%
Chg in Prom Hold
-
FII / Inst Holding
122.67%
Chg in FII Hold
-0.01%
Financial Snapshot
Enterprise Value
$1.97B
Total Revenue (TTM)
$2.02B
EBITDA
$176.55M
Free Cash Flow
$124.80M
Operating Cash Flow
$175.76M
Shares Outstanding
80.12M
Gross Margin
58.76%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
6.51%
Profit 5Y
-11.09%
Revenue (YoY)
6.60%
Earnings (YoY)
111.20%
PROS
- Generates positive free cash flow.
CONS
- Earnings shrank at -11.1% CAGR over 5 years.
- Trading 43.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | EYE National Vision Holdings, Inc. R2K | 16.75 | 29.39 | $1.34B | - | 3.74% | 5.37% | 6.51% | -11.09% |
| 2 | AMZN Amazon.com, Inc. NDXSPXAI | 270.64 | 31.65 | $2.91T | - | 16.60% | 24.29% | 11.73% | 984.47% |
| 3 | TSLA Tesla, Inc. NDXSPXAI | 435.79 | 399.81 | $1.64T | - | 5.29% | 4.90% | 5.19% | -32.94% |
| 4 | HD The Home Depot, Inc. SPX | 317.14 | 22.52 | $316.23B | 2.94% | 28.92% | 128.38% | 1.52% | -6.11% |
| 5 | MCD McDonald's Corporation SPX | 279.20 | 23.04 | $198.37B | 2.66% | 22.63% | - | 5.06% | 11.50% |
| 6 | TJX The TJX Companies, Inc. SPX | 154.75 | 30.11 | $171.12B | 1.24% | 32.91% | 61.25% | 6.53% | 16.24% |
| 7 | BKNG Booking Holdings Inc. NDXSPX | 167.43 | 22.09 | $129.74B | 0.96% | 67.24% | - | 16.35% | 20.90% |
| 8 | LOW Lowe's Companies, Inc. SPX | 214.36 | 18.12 | $120.26B | 2.24% | 29.62% | - | -3.85% | 1.11% |
| 9 | PDD PDD Holdings Inc. NDX | 84.44 | 8.87 | $120.19B | - | 28.69% | 25.40% | 49.00% | 45.85% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Apr 2016 | Jul 2016 | Oct 2016 | Dec 2016 | Apr 2017 | Jul 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | 369.86M | 337.54M | 346.09M | 321.82M | 407.98M | 385.53M | 387.43M | 355.92M | 461.21M | 429.45M | 431.90M | 401.76M | 469.70M | 260.01M | 485.35M | 534.18M | 549.49M | 518.00M | 527.71M | 509.56M | 499.21M | 464.81M | 431.79M | 438.82M | 420.95M | 482.79M | 451.73M | - | - | 510.32M | 486.42M | 487.33M | 503.41M | 543.88M | 543.88M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 205.19M | 200.37M | 203.20M | 210.71M | 219.14M | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 305.13M | 286.05M | 284.13M | 292.70M | 324.74M | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 278.50M | 269.60M | 274.52M | 284.58M | 279.50M | - |
| Operating Income | 39.69M | 15.74M | 14.31M | -3.35M | 39.02M | 13.06M | 15.82M | -3.61M | 38.85M | 24.97M | -2.08M | -19.39M | 32.40M | 21.70M | 11.11M | 8.36M | 16.91M | -41.60M | 54.79M | 61.45M | 54.83M | 50.71M | 37.33M | 18.37M | 15.36M | 27.80M | 5.56M | 3.55M | -12.42M | 23.44M | 591.00K | - | - | 26.64M | 16.45M | 9.61M | 8.12M | 45.24M | 45.24M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 51.26M | 38.98M | 31.79M | 38.84M | 71.08M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.57M | 4.21M | 4.12M | 4.25M | 2.85M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21.57M | 12.24M | 5.49M | 2.39M | 42.39M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.38M | 3.51M | 2.12M | -929.00K | 11.21M | - |
| Net Income | 17.85M | 3.59M | 3.03M | -9.71M | 16.64M | -1.93M | 1.09M | 27.34M | 24.45M | 12.47M | 5.17M | -18.44M | 17.43M | 10.26M | 1.19M | 3.92M | 9.74M | -43.83M | 35.29M | 43.43M | 37.60M | 40.99M | 30.15M | 9.73M | 11.50M | 18.27M | 5.61M | -73.80M | -15.99M | 11.69M | -3.12M | - | - | 14.19M | 8.72M | 3.37M | 3.32M | 31.18M | 31.18M |
| Diluted EPS | 0.32 | 0.06 | 0.05 | -0.17 | 0.29 | -0.03 | 0.02 | 0.37 | 0.31 | 0.16 | 0.06 | -0.24 | 0.21 | 0.13 | 0.01 | 0.05 | 0.12 | -0.55 | 0.42 | 0.48 | 0.42 | 0.45 | 0.34 | 0.12 | 0.15 | 0.20 | 0.07 | -0.94 | -0.20 | 0.15 | -0.04 | - | - | 0.18 | 0.11 | 0.04 | 0.04 | 0.38 | 0.38 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2016 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 1.20B | 1.38B | 1.54B | 1.72B | 1.71B | - | 2.08B | 1.64B | 1.76B | 1.82B | 1.99B | 1.99B |
| Cost of Revenue | - | - | - | - | - | - | - | - | 667.66M | 734.65M | 764.06M | 819.47M | - |
| Gross Profit | - | - | - | - | - | - | - | - | 977.01M | 1.02B | 1.06B | 1.17B | - |
| Operating Expenses | - | - | - | - | - | - | - | - | 918.75M | 994.53M | 1.03B | 1.11B | - |
| Operating Income | 44.68M | 64.07M | 64.29M | 42.35M | 73.58M | 87.01M | - | 174.94M | 58.27M | 27.19M | 29.49M | 60.82M | 58.83M |
| EBITDA | - | - | - | - | - | - | - | - | 158.73M | 125.31M | 89.58M | 158.72M | - |
| Interest Expense | - | - | - | - | - | - | - | - | 462.00K | 14.34M | 16.18M | 17.15M | - |
| Pretax Income | - | - | - | - | - | - | - | - | 52.30M | 9.55M | -25.68M | 41.68M | - |
| Tax Provision | - | - | - | - | - | - | - | - | 15.54M | 6.01M | 1.48M | 12.08M | - |
| Net Income | 3.62M | 13.34M | 43.14M | 23.65M | 32.80M | 36.28M | - | 128.24M | 42.12M | -65.90M | -28.50M | 29.60M | 29.60M |
| Diluted EPS | 0.06 | 0.23 | 0.70 | 0.30 | 0.40 | 0.44 | - | 1.43 | 0.52 | -0.84 | -0.36 | 0.37 | 0.37 |
Compounded Sales Growth
| 5 Years: | 6.51% |
| 1 Year: | 6.60% |
Compounded Profit Growth
| 5 Years: | -11.09% |
| 1 Year: | 111.20% |
Stock Price Performance
| 1 Year: | -15.45% |
| 6 Months: | -41.02% |
| 3 Months: | -37.89% |
| 1 Month: | -25.19% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jan 2015 | Jan 2016 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.53B | 1.58B | 1.66B | 2.03B | 2.33B | - | 2.29B | 2.29B | 2.17B | 2.01B | 1.98B | 1.98B |
| Current Assets | - | - | - | - | - | - | - | - | - | 473.84M | 396.67M | 249.83M | 225.72M | - |
| Cash & Equivalents | 6.83M | 5.59M | 4.95M | 4.21M | 17.13M | 39.34M | 373.90M | - | 305.80M | 229.43M | 149.90M | 73.95M | 38.71M | 38.71M |
| Inventory | - | - | - | - | - | - | - | - | - | 123.16M | 119.91M | 93.92M | 89.32M | - |
| Receivables | - | - | - | - | - | - | - | - | - | 64.93M | 71.42M | 36.21M | 42.56M | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | 1.39B | 1.34B | 1.19B | 1.11B | - |
| Current Liabilities | - | - | 199.68M | 211.31M | 211.65M | 273.18M | 328.68M | - | 343.80M | 344.26M | 397.70M | 468.27M | 412.41M | 412.41M |
| Long Term Debt | - | - | - | - | - | 525.90M | 624.61M | - | 543.57M | 563.39M | 437.68M | 239.15M | 223.24M | 223.24M |
| Total Debt | - | - | - | - | - | - | - | - | - | 1.00B | 923.15M | 816.03M | 694.60M | - |
| Total Equity | 523.59M | 385.34M | 399.58M | 654.60M | 743.15M | 776.44M | 906.50M | - | 925.98M | 901.11M | 829.42M | 816.33M | 869.53M | 869.53M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | 84.27M | 84.83M | 85.44M | 86.28M | - |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2016 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 83.13M | 97.59M | 90.25M | 106.63M | 165.08M | 234.98M | - | 258.94M | 119.20M | 173.03M | 133.65M | 146.29M | 146.29M |
| Investing Cash Flow | -80.05M | -90.97M | -94.58M | -104.22M | -100.63M | -76.41M | - | -92.90M | -110.89M | -115.82M | -96.09M | -76.61M | -76.61M |
| Financing Cash Flow | -4.32M | -6.57M | 3.84M | 10.40M | -42.14M | 176.28M | - | -234.32M | -84.56M | -136.81M | -113.34M | -104.62M | -104.62M |
| Capital Expenditure | -77.16M | -90.03M | -93.22M | -104.49M | -101.33M | -76.82M | - | -95.52M | -113.55M | -114.77M | -95.50M | -72.84M | -72.84M |
| Free Cash Flow | 5.97M | 7.56M | -2.97M | 2.13M | 63.76M | 158.16M | - | 163.42M | 5.65M | 58.26M | 38.14M | 73.45M | 73.45M |
| Net Change in Cash | - | - | - | - | - | - | - | - | -76.25M | -79.60M | -75.79M | -34.94M | - |
| Share Buybacks | - | 188.00K | 0 | 1.93M | 25.65M | 689.00K | - | 73.30M | 84.39M | 28.41M | 3.09M | - | 3.21M |
| Dividends Paid | 145.67M | 0 | 170.98M | 0 | 0 | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Jan 2016 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 59.4% | 58.2% | 58.1% | 58.8% | - |
| Operating Margin % | - | 5.4% | 4.7% | 2.8% | 4.3% | 5.1% | - | 8.4% | 3.5% | 1.5% | 1.6% | 3.1% | 3.0% |
| Net Margin % | - | 1.1% | 3.1% | 1.5% | 1.9% | 2.1% | - | 6.2% | 2.6% | -3.8% | -1.6% | 1.5% | 1.5% |
| ROE % | 0.9% | 3.3% | 6.6% | 3.2% | 4.2% | 4.0% | - | 13.8% | 4.7% | -7.9% | -3.5% | 3.4% | 3.4% |
| ROCE % | - | 4.8% | 4.7% | 2.9% | 4.2% | 4.3% | - | 9.0% | 3.0% | 1.5% | 1.9% | 3.9% | 3.7% |
Shareholding Pattern
Insiders
2.43%
Institutions
122.67%
Public Float
125.72%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 14.40% | 11.54M | $193.22M |
| 2 | Vanguard Portfolio Management LLC | 7.17% | 5.75M | $96.26M |
| 3 | Wellington Management Group, LLP | 6.86% | 5.50M | $92.06M |
| 4 | William Blair Investment Management, LLC | 5.27% | 4.23M | $70.78M |
| 5 | Driehaus Capital Management, LLC | 4.33% | 3.47M | $58.15M |
| 6 | Vanguard Capital Management LLC | 4.29% | 3.44M | $57.58M |
| 7 | American Century Companies Inc | 4.02% | 3.22M | $54.01M |
| 8 | State Street Corporation | 3.97% | 3.18M | $53.23M |
| 9 | Dimensional Fund Advisors LP | 3.82% | 3.06M | $51.29M |
| 10 | Alliancebernstein L.P. | 3.12% | 2.50M | $41.83M |
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