WILLIAMS SONOMA INC WSM
Williams-Sonoma, Inc., (the "Company", "we", or "us") incorporated in 1973, is an omni-channel specialty retailer of high-quality products for the home.
In 1956, our founder, Chuck Williams, turned a passion for cooking and eating with friends into a small business with a big idea. He opened a store in Sonoma, California to sell the French cookware that intrigued him while visiting Europe but that could not be found in America. Chuck's business, which set a standard for customer service, took off and helped fuel a revolution in American cooking and entertaining that continues today.
In the decades that followed, our commitment to product quality, our ability to identify new market opportunities and our people-first business approach have driven our expansion beyond the kitchen into nearly every area of the home, as well as the places where our customers work, stay and play. Our in-house design capabilities and vertically integrated sourcing organization allow us to deliver high-quality, lasting products at competitive prices. Through our e-commerce platform, our in-house marketing and data analytics teams optimize our digital spend and customer connections. We have expanded our in-store services to not only provide world-class customer service but to also serve as design centers and omni-fulfillment hubs.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Pottery Barn
- West Elm
- Williams Sonoma 2
- Pottery Barn Kids and Teen
- Other
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Pottery Barn | $3.00B | $3.04B | $3.21B |
| West Elm | $1.86B | $1.84B | $1.85B |
| Williams Sonoma 2 | $1.36B | $1.30B | $1.26B |
| Pottery Barn Kids and Teen | $1.14B | $1.11B | $1.06B |
| Other | $447.6M | $421.1M | $369.2M |
As the company reported it, from the “Segment Reporting - Summary of Segment Reporting Information by Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.81B | $7.71B | $7.75B | $8.67B | $8.25B | $6.78B | $5.90B | $5.67B | $5.29B | $5.08B |
| Cost of revenue | $4.20B | $4.13B | $4.45B | — | — | — | — | — | — | — |
| Gross profit | $3.60B | $3.58B | $3.30B | $3.68B | $3.63B | $2.64B | $2.14B | $2.10B | $1.93B | $1.88B |
| SG&A | $2.19B | $2.15B | $2.06B | $2.18B | $2.18B | $1.73B | $1.67B | $1.67B | $1.48B | $1.41B |
| Operating income | $1.42B | $1.43B | $1.24B | $1.50B | $1.45B | $910.7M | $465.9M | $436.0M | $453.8M | $472.6M |
| Pre-tax income | $1.45B | $1.49B | $1.27B | $1.50B | $1.45B | $894.5M | $457.0M | $429.2M | $452.4M | $471.9M |
| Income tax | $364.1M | $360.5M | $323.6M | $372.8M | $324.9M | $213.8M | $101.0M | $95.6M | $192.9M | $166.5M |
| Net income | $1.09B | $1.12B | $950.0M | $1.13B | $1.13B | $680.7M | $356.1M | $333.7M | $259.5M | $305.4M |
| EPS, basic | 8.96 | 8.91 | 7.35 | 8.29 | 15.17 | 8.81 | 4.56 | 4.10 | 3.03 | 3.45 |
| EPS, diluted | 8.84 | 8.79 | 7.28 | 8.16 | 14.75 | 8.61 | 4.49 | 4.05 | 3.02 | 3.41 |
| Shares, diluted (wtd. avg.) | 123.2M | 128.0M | 130.5M | 138.2M | 76.4M | 79.1M | 79.2M | 82.3M | 86.1M | 89.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.02B | $1.21B | $1.26B | $367.3M | $850.3M | $1.20B | $432.2M | $339.0M | $390.1M | $213.7M |
| Receivables | $126.8M | $117.7M | $122.9M | $115.7M | $131.7M | $143.7M | $111.7M | $107.1M | $90.1M | $88.8M |
| Inventory | $1.46B | $1.33B | $1.25B | $1.46B | $1.25B | $1.01B | $1.10B | $1.12B | $1.06B | $977.5M |
| Total current assets | $2.71B | $2.75B | $2.72B | $2.04B | $2.32B | $2.47B | $1.76B | $1.69B | $1.64B | $1.37B |
| Property, plant and equipment | $1.10B | $1.03B | $1.01B | $1.07B | $920.8M | $873.9M | $929.0M | $929.6M | $932.3M | $923.3M |
| Goodwill | $77.4M | $77.3M | $77.3M | $77.3M | $85.4M | $85.4M | $85.3M | $85.4M | $18.8M | $18.7M |
| Total assets | $5.41B | $5.30B | $5.27B | $4.66B | $4.63B | $4.66B | $4.05B | $2.81B | $2.79B | $2.48B |
| Accounts payable | $638.0M | $645.7M | $607.9M | $508.3M | $612.5M | $543.0M | $521.2M | $526.7M | $457.1M | $453.7M |
| Short-term debt | — | — | — | — | $0 | $299.4M | $299.8M | — | — | — |
| Total current liabilities | $1.95B | $1.91B | $1.88B | $1.64B | $1.77B | $1.85B | $1.61B | $1.07B | $1.01B | $961.3M |
| Long-term debt | — | — | — | — | — | — | — | $299.6M | $299.4M | — |
| Total liabilities | $3.33B | $3.16B | $3.15B | $2.96B | $2.96B | $3.01B | $2.82B | $1.66B | $1.58B | $1.23B |
| Retained earnings | $1.51B | $1.59B | $1.56B | $1.14B | $1.07B | $1.02B | $644.8M | $584.3M | $647.4M | $701.7M |
| Total equity | $2.08B | $2.14B | $2.13B | $1.70B | $1.66B | $1.65B | $1.24B | $1.16B | $1.20B | $1.25B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.31B | $1.36B | $1.68B | $1.05B | $1.37B | $1.27B | $607.3M | $586.0M | $499.7M | $524.7M |
| Depreciation and amortisation | $231.4M | $229.8M | $232.6M | $214.2M | $196.1M | $188.7M | $187.8M | $188.8M | $183.1M | $173.2M |
| Stock-based compensation | $106.5M | $99.0M | $84.8M | $90.3M | $95.2M | $73.2M | $64.2M | $59.8M | $43.0M | $51.1M |
| Capital expenditure | $259.4M | $221.6M | $188.5M | $354.1M | $226.5M | $169.5M | $186.3M | $190.1M | $189.7M | $197.4M |
| Investing cash flow | -$260.6M | -$221.2M | -$188.3M | -$354.0M | -$226.2M | -$168.9M | -$185.5M | -$187.9M | -$269.8M | -$197.0M |
| Financing cash flow | -$1.25B | -$1.18B | -$598.3M | -$1.18B | -$1.49B | -$343.0M | -$327.2M | -$450.1M | -$51.7M | -$305.8M |
| Dividends paid | $316.5M | $280.1M | $232.5M | $217.3M | $187.5M | $157.6M | $150.6M | $140.3M | $135.0M | $133.5M |
| Buybacks | $854.0M | $807.5M | $313.0M | $880.0M | $899.4M | $150.0M | $148.8M | $295.3M | $196.2M | $151.3M |
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 0000719955-26-000109.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.08B | $5.29B | $5.67B | $5.90B | $6.78B | $8.25B | $8.67B | $7.75B | $7.71B | $7.81B |
| Gross profit | $1.88B | $1.93B | $2.10B | $2.14B | $2.64B | $3.63B | $3.68B | $3.30B | $3.58B | $3.60B |
| Net income | $305.4M | $259.5M | $333.7M | $356.1M | $680.7M | $1.13B | $1.13B | $950.0M | $1.12B | $1.09B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Shareholder vote Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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