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Jowell Global Ltd. (JWEL) stock

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NASDAQ: JWEL Nasdaq Broadline Retail

C+ Fundamentals grade

Jowell Global Ltd. is a US-listed company in the broadline retail industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: free cash flow after stock pay is not positive.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Value diary

Our note on each quarter Jowell Global files

Where Jowell Global stands after its latest Filing

Revenue for the twelve months was $165m, up 24.1% on a year earlier, against a decline of 16.9% a quarter earlier. That growth ranks 1 of 23 among the broadline retail companies we cover. Free-cash-flow margin rose to -0.9% from -10.9% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 6 financial-health checks.

Our model value for Jowell Global is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Jowell Global Ltd.'s trailing-twelve-month revenue grew 24.1% year on year, with a free-cash-flow margin of -0.9%. Where it stands out: revenue growth of 24.1% ranks 1 of 23 broadline retail companies we cover. Where it lags: net margin of -3.8% ranks 19 of 23 broadline retail companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 24.1% (+41.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 24.1% over the last 12 months, against a median of 4.4% for broadline retail companies we cover.
  • Growth speeding up. The growth rate is 41.0 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 3.0 points on a year ago.

Things to watch

  • Loss-making. Operating margin is -3.0%: costs exceed revenue.
  • Burning cash. Free cash flow was -0.9% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 174% and a beta of 0.1 against the S&P 500.
  • Below peers: change in share count. Change in share count of 0.7% ranks 17 of 22 broadline retail companies we cover (median 0.1%).

Price chart

  • 1 day-6.6%
  • 1 week-5.3%
  • 1 month-19.2%
  • This year-13.9%
  • 1 year+18.6%
  • 5 years-97.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$165M
Operating margin
-3.0%
Net margin
-3.8%
EPS (TTM, diluted)
$-2.87

Growth

Revenue growth
+24.1%
Change in growth rate
+41.0 pts
Share count change
+0.7%

Cash

Free cash flow (TTM)
-$1.5M
FCF margin
-0.9%
Stock pay % of revenue
0.3%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for JWEL from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Jowell Global Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 9.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.06 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$110 ~$89–$140 Left out: out of range vs price (55.57x)
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$23 ~$15–$130 Left out: out of range vs price (11.80x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Jowell Global Ltd. with Broadline Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Jowell Global Ltd.: market value and multiples by fiscal year
At fiscal year end 20212022202320242025
Share price$344.80$6.64$2.14$3.10$2.30
Market value$529m$12m$5m$7m$5m
+ Net debt (− = net cash)−$21m−$11m−$721809−$1m$185877
Enterprise value$508m$1m$4m$5m$5m
Multiples
Price / sales 3.1x0.1x0.0x0.1x0.0x
Price / earnings —————
Price / free cash flow ———10.0x—
EV / EBITDA —————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Jowell Global Ltd.: too few analysts cover it.

Positioning

Short interest
0.6%
of tradable shares
Days to cover
0.45
at average volume
Short interest, 1 month
−76%
to October 15, 2026
Held by institutions
0%
of shares
Held by insiders
14.4%
of shares
Employees
174
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Jowell Global Ltd.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 20222023202420252026 to date
Return
JWEL−98%−68%+45%−26%−14%
Industry peers (median)−45%+5%+1%+6%+6%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
JWEL33%50%50%33%55%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
JWEL−98%−85%−54%−53%−51%
S&P 500−25%−10%−8%−19%−9%

Worst fall since March 17, 2021: 100% from December 31, 2021 to April 19, 2024. Getting back needed a 33837% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.48 – $4.00
From 52-week high
−50.5%
vs 50-day average
−13.5%
vs 200-day average
−14.4%
Volatility (1 year)
174%
Beta vs S&P 500
0.10

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Jowell Global Ltd. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Jowell Global Ltd.
$0 $100M $200M $300M FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue (TTM), FY18 Q4: $24.2M Revenue (TTM), FY19 Q4: $61.8M Revenue (TTM), FY20 Q4: $96.9M Revenue (TTM), FY21 Q4: $170.9M Revenue (TTM), FY22 Q4: $210M Revenue (TTM), FY23 Q4: $160M Revenue (TTM), FY24 Q4: $133M Revenue (TTM), FY25 Q4: $165M $165M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY18 Q4 $24.2M
FY19 Q4 $61.8M
FY20 Q4 $96.9M
FY21 Q4 $170.9M
FY22 Q4 $210M
FY23 Q4 $160M
FY24 Q4 $133M
FY25 Q4 $165M
Revenue growth, TTM YoY Jowell Global Ltd.
-50% 0% 50% 100% 150% 200% FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue growth, TTM YoY, FY19 Q4: 155.4% Revenue growth, TTM YoY, FY20 Q4: 56.8% Revenue growth, TTM YoY, FY21 Q4: 76.4% Revenue growth, TTM YoY, FY22 Q4: 22.9% Revenue growth, TTM YoY, FY23 Q4: -23.8% Revenue growth, TTM YoY, FY24 Q4: -16.9% Revenue growth, TTM YoY, FY25 Q4: 24.1% 24.1%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY19 Q4 155.4%
FY20 Q4 56.8%
FY21 Q4 76.4%
FY22 Q4 22.9%
FY23 Q4 -23.8%
FY24 Q4 -16.9%
FY25 Q4 24.1%
Operating margin (TTM) Jowell Global Ltd.
-10% -5% 0% 5% 10% FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Operating margin (TTM), FY18 Q4: 8.2% Operating margin (TTM), FY19 Q4: 2.8% Operating margin (TTM), FY20 Q4: 5.3% Operating margin (TTM), FY21 Q4: -4.1% Operating margin (TTM), FY22 Q4: -5.7% Operating margin (TTM), FY23 Q4: -6.8% Operating margin (TTM), FY24 Q4: -6.1% Operating margin (TTM), FY25 Q4: -3.0% -3.0%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY18 Q4 8.2%
FY19 Q4 2.8%
FY20 Q4 5.3%
FY21 Q4 -4.1%
FY22 Q4 -5.7%
FY23 Q4 -6.8%
FY24 Q4 -6.1%
FY25 Q4 -3.0%
FCF margin (TTM) Jowell Global Ltd.
-15% -10% -5% 0% 5% 10% FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 FCF margin (TTM), FY18 Q4: 0.6% FCF margin (TTM), FY19 Q4: -1.4% FCF margin (TTM), FY20 Q4: 7.1% FCF margin (TTM), FY21 Q4: -10.9% FCF margin (TTM), FY22 Q4: -6.0% FCF margin (TTM), FY23 Q4: -8.4% FCF margin (TTM), FY24 Q4: 0.5% FCF margin (TTM), FY25 Q4: -0.9% -0.9%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY18 Q4 0.6%
FY19 Q4 -1.4%
FY20 Q4 7.1%
FY21 Q4 -10.9%
FY22 Q4 -6.0%
FY23 Q4 -8.4%
FY24 Q4 0.5%
FY25 Q4 -0.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Jowell Global Ltd.: annual financial statements
Fiscal year 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 24 62 97 171 210 160 133 165
Gross profit — — 97 171 209 — — —
EBITDA 2 2 5 −7 −12 −10 −8 −5
Operating income 2 2 5 −7 −12 −11 −8 −5
Net income 1 1 4 −6 −12 −11 −8 −6
Diluted EPS $1.12 $0.96 $2.88 −$4.16 −$6.25 −$5.38 −$3.69 −$2.87
Growth (year on year)
Revenue — +155.4% +56.8% +76.4% +22.9% −23.8% −16.9% +24.1%
EBITDA — −13.4% +198.2% −232.5% — — — —
Operating income — −14.1% +200.0% −236.8% — — — —
Net income — −13.5% +180.6% −278.1% — — — —
Diluted EPS — −14.3% +200.0% −244.4% — — — —
Margins
Gross margin — — 100.0% 99.8% 99.5% — — —
EBITDA margin 8.2% 2.8% 5.3% −4.0% −5.6% −6.5% −5.7% −2.9%
Operating margin 8.2% 2.8% 5.3% −4.1% −5.7% −6.8% −6.1% −3.0%
Net margin 6.1% 2.1% 3.7% −3.7% −5.5% −7.2% −6.0% −3.8%
Free-cash-flow margin 0.6% −1.4% 7.1% −10.9% −6.0% −8.4% 0.5% −0.9%
Cash flow
Cash from operations 0 −1 7 −18 −12 −13 1 −2
Capital spending 0 0 0 1 1 0 0 0
Free cash flow 0 −1 7 −19 −13 −14 1 −2
Stock-based pay — — — 1 2 0 — 0
Free cash flow after stock pay — — — −20 −15 −14 — −2
Balance sheet
Cash 0 0 18 21 14 1 2 3
Total debt 0 0 0 0 2 1 1 3
Net debt (negative = net cash) −0 −0 −18 −21 −11 −1 −1 0
Diluted shares 1m 1m 1m 2m 2m 2m 2m 2m
Returned to shareholders
Dividends — 2 — — — — — —
Total returned — 2 — — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 6 checks passed · December 31, 2025
What it owns · $22m
Short-term assets $16mLonger-term assets $6m
What it owes, and who funded it · $22m
Short-term liabilities $10mLonger-term liabilities $1mShareholders' equity $11m
  • Short-term assets cover short-term liabilities $16m of assets due within a year against $10m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $16m short-term assets against $881,051 of longer-dated liabilities.
  • More cash than debt $3m of cash against $6,381 of debt.
  • Debt below 40% of shareholders' equity Debt is 0% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$2m of operating cash flow against $6,381 of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Jowell Global Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+0.7%
year over year

Competitors: side by side with peers

Closest by revenue in broadline retail
Growth, margins and cash generation against peers
Last 12 months unless stated JWEL HOUR LITB DIBS YJ ZKH Median
Revenue, last 12 months $165m $153m $224m $91m $44m $1.3bn $2.8bn
Revenue growth, last 12 months 24.1% 10.8% −12.1% 2.3% −24.0% 2.7% 4.4%
Revenue growth, 3-year average — 11.0% −8.5% 0.7% — — 9.1%
Revenue growth, latest quarter — 25.2% — 5.3% — — 9.1%
Gross margin 99.5% 51.5% 65.0% 74.0% 44.4% 16.4% 44.4%
Operating margin −3.0% 1.5% 3.6% −13.7% −45.2% −2.4% 2.5%
Operating margin, 3-year average — 1.2% −1.1% −23.1% −15.4% — 2.8%
Net margin −3.8% 1.1% 3.7% −8.5% −42.0% −1.6% 1.7%
Cash from operations / revenue −0.9% −0.0% 2.8% −1.0% −18.2% 0.1% 4.0%
Free-cash-flow margin −0.9% −0.1% 2.8% −1.9% −39.9% −0.5% 2.1%
Free-cash-flow margin, 3-year average — 0.1% −0.9% −7.0% −11.5% — 3.0%
Stock pay / revenue 0.3% 0.0% 0.0% 13.7% 0.1% 0.6% 0.7%
Change in share count 0.7% 0.1% −0.7% −0.4% 0.1% −0.9% −0.4%

Median of all 23 companies we cover in broadline retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 broadline retail companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 24.1% 4.4% 1 of 23
Change in growth rate Growth +41.0pp +0.9pp 2 of 23
Operating margin Profitability -3.0% 3.6% 17 of 22
Net margin Profitability -3.8% 1.7% 19 of 23
Free-cash-flow margin Cash generation -0.9% 2.1% 17 of 23
Stock pay as % of revenue Cash generation 0.3% 0.8% 8 of 22
Long-term debt as % of assets Balance sheet 0.0% 6.2% 1 of 12
Change in share count Balance sheet 0.7% 0.1% 17 of 22

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Jowell Global Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Jowell Global Ltd. in brief

What does Jowell Global Ltd. do?
Jowell Global Ltd. is a US-listed company in the broadline retail industry. Its financial year ends in December.
What is Jowell Global Ltd.'s stock ticker?
Jowell Global Ltd. trades under the ticker JWEL on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Jowell Global Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Jowell Global Ltd. reported revenue of $165M, 24.1% higher than a year earlier, according to its SEC filings.
What is Jowell Global Ltd.'s free cash flow?
Jowell Global Ltd.'s free-cash-flow margin is -0.9% of revenue over the trailing twelve months, ranking 17 of the 23 broadline retail companies we cover.
What is Jowell Global Ltd.'s market cap?
On December 31, 2025, Jowell Global Ltd.'s market capitalisation was about $5M and net debt of $185,877. Market figures come from third-party market data and may be delayed.
How much debt does Jowell Global Ltd. have?
Jowell Global Ltd.'s debt-to-equity ratio is 0.1%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Jowell Global Ltd.'s competitors?
In our Broadline Retail peer group, the companies closest to Jowell Global Ltd. are Hour Loop, Inc, Lightinthebox Holding Co., Ltd., 1stdibs.com, Inc., Yunji Inc. and ZKH Group Ltd. The side-by-side comparison below sets their revenue, margins and growth against Jowell Global Ltd.'s.