SFIXStitch Fix, Inc.
Is the business good?
Margins widening. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is SFIX?
Stitch Fix, Inc. earns −73% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 82 points below what the capital costs: growth destroys value
- Operating margin
- −1.6%
Operating margin · Apparel Retail median 8.0% · 12 months to Q4 2026
- Gross margin
- 44%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | −3.0% |
| FY2022 | −9.1% |
| FY2023 | −9.8% |
| FY2024 | −10.0% |
| FY2025 | −3.1% |
| FY2026 | −1.6% |
Details›
- Gross margin12 months to Q4 2026
- 44%
- Operating margin12 months to Q4 2026
- −1.6%
- Net margin12 months to Q4 2026
- −0.94%
- Free cash flow margin
- 1.5%
- Revenue, trailing twelve months
- $1.35B
- Free cash flow, trailing twelve months
- $20M
- Net income, trailing twelve months
- −$13M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −73%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Apparel Retail
Ranks #16 of 16 by RyuScore