FIVE BELOW, INC FIVE
Five Below, Inc. was incorporated in Pennsylvania in January 2002. Our principal executive office is located at 701 Market Street, Suite 300, Philadelphia, PA 19106 and our telephone number is (215) 546-7909. Our corporate website address is www.fivebelow.com. The information contained on, or accessible through, our corporate website does not constitute part of this Annual Report. As used herein, "Five Below," the "Company," "we," "us," "our" or "our business" refers to Five Below, Inc. (collectively with its wholly owned subsidiaries), except as expressly indicated or unless the context otherwise requires. As used herein, references to "crew" refers to our employees, and references to "shipcenters" refers to our distribution and logistics centers.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.76B | $3.88B | $3.56B | $3.08B | $2.85B | $1.96B | $1.85B | $1.56B | $1.28B | $1.00B |
| Cost of revenue | $3.05B | $2.52B | $2.29B | $1.98B | $1.82B | $1.31B | $1.17B | $994.5M | $814.8M | $643.4M |
| Gross profit | $1.71B | $1.35B | $1.27B | $1.10B | $1.03B | $652.3M | $674.0M | $565.1M | $463.4M | $357.0M |
| SG&A | $1.07B | $861.4M | $757.5M | $644.8M | $565.7M | $497.5M | $456.7M | $377.9M | $306.0M | $243.1M |
| Operating income | $457.4M | $323.8M | $385.6M | $345.0M | $379.9M | $154.8M | $217.3M | $187.2M | $157.4M | $114.0M |
| Pre-tax income | $480.4M | $338.7M | $401.1M | $347.5M | $366.7M | $153.1M | $221.6M | $191.8M | $158.8M | $114.3M |
| Income tax | $121.7M | $85.1M | $100.0M | $86.0M | $87.9M | $29.7M | $46.5M | $42.2M | $56.4M | $42.4M |
| Net income | $358.6M | $253.6M | $301.0M | $261.5M | $278.8M | $123.4M | $175.1M | $149.6M | $102.5M | $71.8M |
| EPS, basic | 6.51 | 4.61 | 5.43 | 4.71 | 4.98 | 2.21 | 3.14 | 2.68 | 1.86 | 1.31 |
| EPS, diluted | 6.47 | 4.60 | 5.41 | 4.69 | 4.95 | 2.20 | 3.12 | 2.66 | 1.84 | 1.30 |
| Shares, diluted (wtd. avg.) | $55.4M | $55.2M | $55.6M | $55.7M | $56.3M | $56.1M | $56.2M | $56.2M | $55.6M | $55.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $723.7M | $331.7M | $179.7M | $332.3M | $65.0M | $268.8M | $202.5M | $251.7M | $112.7M | $76.1M |
| Short-term investments | $208.5M | $197.1M | $280.3M | $66.8M | $277.1M | $140.9M | $59.2M | $85.4M | $132.0M | $77.8M |
| Inventory | $846.6M | $659.5M | $584.6M | $527.7M | $455.1M | $281.3M | $324.0M | $243.6M | $187.0M | $154.4M |
| Total current assets | $1.92B | $1.35B | $1.20B | $1.07B | $904.7M | $755.4M | $665.7M | $642.3M | $479.4M | $339.8M |
| Property, plant and equipment | $1.23B | $1.26B | $1.13B | $925.5M | $777.5M | $565.4M | $439.1M | $301.3M | $180.3M | $138.4M |
| Total assets | $4.94B | $4.34B | $3.87B | $3.32B | $2.88B | $2.31B | $1.96B | $952.3M | $695.7M | $500.5M |
| Accounts payable | $368.4M | $260.3M | $256.3M | $221.1M | $196.5M | $138.6M | $130.2M | $103.7M | $73.0M | $51.2M |
| Total current liabilities | $954.0M | $756.4M | $715.9M | $602.6M | $586.9M | $435.7M | $351.3M | $253.1M | $164.5M | $116.6M |
| Total liabilities | $2.74B | $2.53B | $2.29B | $1.96B | $1.76B | $1.43B | $1.20B | $337.2M | $237.2M | $169.1M |
| Retained earnings | $2.01B | $1.66B | $1.40B | $1.10B | $839.1M | $560.3M | $436.9M | $261.8M | $111.7M | $9.3M |
| Total equity | $2.19B | $1.81B | $1.58B | $1.36B | $1.12B | $881.9M | $759.8M | $615.1M | $458.6M | $331.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $586.4M | $430.6M | $499.6M | $314.9M | $327.9M | $366.0M | $187.0M | $184.1M | $167.4M | $106.6M |
| Depreciation and amortisation | $192.1M | $167.4M | $130.7M | $105.6M | $84.8M | — | — | — | — | — |
| Stock-based compensation | $34.7M | $15.6M | $17.9M | $23.6M | $25.8M | $9.6M | $12.4M | $12.0M | $16.4M | $12.0M |
| Capital expenditure | $174.7M | $324.0M | $335.1M | $252.0M | $288.2M | $200.2M | $212.3M | $113.7M | $67.8M | $44.8M |
| Investing cash flow | -$186.2M | -$232.9M | -$556.3M | -$3.9M | -$465.6M | -$286.9M | -$193.6M | -$39.5M | -$139.2M | -$86.8M |
| Financing cash flow | -$8.3M | -$45.7M | -$95.9M | -$43.6M | -$66.1M | -$12.8M | -$42.7M | -$5.6M | $8.3M | $3.1M |
| Buybacks | $0 | $40.2M | $80.5M | $40.0M | $60.0M | $12.7M | $36.9M | $2.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-199315.
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