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Williams-Sonoma, Inc. (WSM) stock

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NYSE: WSM NYSE Homefurnishing Retail Next results ~November 18, 2026

B Fundamentals grade

Williams-Sonoma, Inc. is a US-listed company in the homefurnishing retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$180

Cash-flow model

Base case. Range ~$140–$230 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 30% below it.

Price used: $252.94, November 3, 2026

Williams-Sonoma, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Williams-Sonoma files

Where Williams-Sonoma stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $8.01bn, up 2.2% on a year earlier, faster than 1.3% a quarter earlier. That puts it 759 of 931 for growth among all the companies we cover. Free-cash-flow margin rose to 16.8% from 13.1% a year earlier. The diluted share count is down 3.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $168 a share, against a share price of $252. At that price, our model says the market is pricing in about 9.6% a year of cash-flow growth for five years, faster than the -0.6% a year revenue growth it has delivered.

Source: 10-Q filed August 28, 2026 on SEC EDGAR · Financials · Valuation

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

Next results ~November 18, 2026 (estimated)

Williams-Sonoma, Inc.'s trailing-twelve-month revenue grew 2.2% year on year, with a free-cash-flow margin of 16.8%. Where it stands out: operating margin of 19.2% ranks 1 of 6 homefurnishing retail companies we cover. Where it lags: revenue growth of 2.2% ranks 6 of 7 homefurnishing retail companies we cover.

Our discounted-cash-flow model values the business at ~$180 per share in the base case (~$140–$230 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 30.7% while net income grew 4.6%: a 26pp divergence.

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

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 3.4% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $1.0bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $259.45 is 32% above our value per share of $180.
  • Insiders selling. 4 insiders sold $50M of stock over the past 365 days and none bought (100% under pre-set trading plans).
  • Below peers: revenue growth. Revenue growth of 2.2% ranks 6 of 7 homefurnishing retail companies we cover (median 5.4%).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.5% ranks 6 of 7 homefurnishing retail companies we cover (median 1.0%).
  • Short interest rising. Shares sold short rose 15% in a month to 5.7% of tradable shares.

Latest results: FY2027 Q2

Filed August 28, 2026
Earnings per share
$2.84 against an average estimate of $2.06: beat by 37.9%
Revenue
$1.96bn, up 6.7% on a year earlier
Share reaction
+1.6% in the first session after the results on August 26, 2026, against +0.7% for the S&P 500
Guidance given
annual net revenues growth 4.7% to 7.2% (fiscal 2026); comparable brand revenue growth (comps) growth 4% to 6.5% (fiscal 2026)
Next report
November 18, 2026; average EPS estimate $2.18

Williams-Sonoma's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.5%
  • 1 week+1.0%
  • 1 month+9.2%
  • This year+47.2%
  • 1 year+33.1%
  • 5 years+167.9%
  • 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)
$8B
Operating margin
19.2%
Net margin
14.7%
EPS (TTM, diluted)
$9.76

Growth

Revenue growth
+2.2%
Change in growth rate
+0.9 pts
Share count change
−3.4%

Cash

Free cash flow (TTM)
$1.3B
FCF margin
16.8%
Stock pay % of revenue
1.5%

Earnings

Last results
August 26, 2026
Next results (est.)
November 28, 2026

News & updates

Updated October 31, 2026

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

  1. Product
  2. Product
  3. Leadership
  4. Product
  5. Product
  6. Announcement
  7. Dividend
  8. Insider trade
  9. Results
  10. Guidance
  11. Results
  12. Insider trade
  13. Product

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.

Valuation

Williams-Sonoma, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 9.3% a year of cash-flow growth for five years.That is faster than the -0.6% a year revenue growth Williams-Sonoma has delivered.

  • Priced in9.3%
  • Last 12 months2.2%
  • 3 years a year-1.1%
  • 5 years a year-0.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($252.94, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$180
Price used
$252.94close November 3, 2026
Implied change
▼ 30%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Williams-Sonoma, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($1.1B, FY2027 Q2 TTM), growing 5% and 3.1% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$140–~$230 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Williams-Sonoma, Inc.'s free cash flow after stock-based pay ( $1.1B, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Williams-Sonoma, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.25 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$180 ~$140–$230 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$120 ~$100–$140 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$160 ~$120–$180 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Williams-Sonoma, Inc. with Homefurnishing 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.

What moves the value

  • Revenue growth 5 points lower ▼ −24%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −6%
  • Last year's free-cash-flow margin change, if it persists ▲ +26%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $149$199$265$352$466$613
8.5% $116$152$200$262$343$448
10% $96$124$161$209$270$350

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$20.15$19.07$22.10$23.07$30.80$58.05$70.82$59.37$100.14$206.01$202.55$259.45
Market value$3.7bn$3.4bn$3.8bn$3.8bn$4.9bn$9.2bn$10.8bn$8.2bn$13.1bn$26.4bn$24.9bn$31.3bn
+ Net debt (− = net cash)−$194m−$214m−$390m−$339m−$432m−$1.2bn−$850m−$367m−$1.3bn−$1.2bn−$1.0bn−$1.0bn
Enterprise value$3.5bn$3.2bn$3.4bn$3.5bn$4.4bn$8.0bn$10.0bn$7.8bn$11.8bn$25.2bn$23.9bn$30.3bn
Multiples
Price / sales 0.7x0.7x0.7x0.7x0.8x1.4x1.3x0.9x1.7x3.4x3.2x3.9x
Price / earnings 12.0x11.2x14.7x11.4x13.7x13.5x9.6x7.3x13.8x23.4x22.9x26.6x
Price / free cash flow 10.9x10.4x12.3x9.6x11.6x8.3x9.4x11.7x8.8x23.2x23.6x23.3x
EV / EBITDA 5.4x5.0x5.4x5.5x6.8x7.3x6.0x4.6x8.0x15.2x14.5x17.1x

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

75 /100

Strong moat

How hard Williams-Sonoma's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 26.8% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 41.4%, moving by 4.2 percentage points (standard deviation) across 10 years.

  • Durability 11 / 20

    Operating margin has been a median 16.0%; its worst year was 7.8%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 10 of 10 years, at a median 12.3% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 24.8% over five years; stock-based pay has been a median 1.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (80 before it).

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

Forecasts and guidance

Next results: November 18, 2026, before the open. Analysts expect revenue of $2.0bn and EPS of $2.18 (range $2.00 to $2.29) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $9.89 +12% $8.3bn +6%
Next $10.51 +6% $8.7bn +5%

Next year's EPS estimate has moved +2.5% in 90 days, across 13 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.4% on 90 days ago. In the last 30 days, 12 analysts raised Williams-Sonoma, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Williams-Sonoma, Inc., last 90 days
$9.00 $9.50 $10.00 $10.50 $11.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $9.38 Current fiscal year, 60 days ago: $9.40 Current fiscal year, 30 days ago: $9.85 Current fiscal year, 7 days ago: $9.85 Current fiscal year, Now: $9.89 $9.89 Next fiscal year, 90 days ago: $10.25 Next fiscal year, 60 days ago: $10.30 Next fiscal year, 30 days ago: $10.51 Next fiscal year, 7 days ago: $10.51 Next fiscal year, Now: $10.51 $10.51

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $9.38$10.25
60 days ago $9.40$10.30
30 days ago $9.85$10.51
7 days ago $9.85$10.51
Now $9.89$10.51

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $2.06 $2.84 +37.9%
Apr 2026 $1.80 $1.93 +7.3%
Jan 2026 $2.91 $3.04 +4.5%
Oct 2025 $1.87 $1.96 +4.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 26, 2026
  • annual net revenues fiscal 2026 4.7% growth to 7.2% growth Raised
    “In fiscal 2026, we now expect annual net revenues in the range of +4.7% to +7.2%, with comps in the range of +4.0% to +6.5%; and an operating margin, on a non-GAAP basis, between 17.8% to 18.2%.” source
  • operating margin fiscal 2026 17.8% to 18.2% Non-GAAP Raised
    “In fiscal 2026, we now expect annual net revenues in the range of +4.7% to +7.2%, with comps in the range of +4.0% to +6.5%; and an operating margin, on a non-GAAP basis, between 17.8% to 18.2%.” source
  • comparable brand revenue growth (comps) fiscal 2026 4% growth to 6.5% growth Raised
    “In fiscal 2026, we now expect annual net revenues in the range of +4.7% to +7.2%, with comps in the range of +4.0% to +6.5%; and an operating margin, on a non-GAAP basis, between 17.8% to 18.2%.” source
  • annual interest income fiscal 2026 about $25m Non-GAAP
    “For fiscal 2026, we expect annual interest income of approximately $25 million and an effective tax rate of approximately 26%, both on a non-GAAP basis.” source
  • effective tax rate fiscal 2026 about 26% Non-GAAP
    “For fiscal 2026, we expect annual interest income of approximately $25 million and an effective tax rate of approximately 26%, both on a non-GAAP basis.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Williams-Sonoma, Inc.'s revenue by +5.0% next year and +3.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.0%, weight 55%) , management guidance (+6.0%, weight 19%) and the company's own record (+2.0%, weight 26%) . How the weights are set.

Analyst recommendations

23 analysts, Oct 2026
Buy1148%
Hold1148%
Sell14%

Monthly trend

  1. Oct 2026291123
  2. Sep 2026291123
  3. Aug 2026291123
  4. Jul 2026291123

Counts of recommendations published by analysts covering Williams-Sonoma, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.7%
of tradable shares
Days to cover
5.53
at average volume
Short interest, 1 month
+15%
to October 15, 2026
Held by institutions
99%
of shares
Held by insiders
1.1%
of shares
Employees
19,800
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

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +35.3%

$191.74 on October 31, 2025 to $259.45

ThenNowEffect
Revenue (last 12 months) $7.8bn $8.0bn +2.2%
Net margin 14.4% 14.7% +2.3%
P/E multiple 21.3x 26.6x +24.9%
Share count 125m 121m +3.5%

Biggest factor: p/e multiple.

Last 3 years +251.7%

$73.77 on November 3, 2023 to $259.45

ThenNowEffect
Revenue (last 12 months) $8.3bn $8.0bn −3.1%
Net margin 11.7% 14.7% +26.2%
P/E multiple 10.2x 26.6x +159.4%
Share count 134m 121m +10.9%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WSM+69%−31%+80%+87%−2%+47%
Industry peers (median)+20%−50%+22%−18%−13%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WSM50%33%67%58%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WSM−27%−37%−22%−21%−37%−23%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 60% from January 17, 2020 to March 18, 2020. Getting back needed a 148% gain, reached on May 29, 2020, 72 days after the low.

Price behaviour

52-week range
$167.57 – $260.80
From 52-week high
−0.5%
vs 50-day average
+9.8%
vs 200-day average
+21.6%
Volatility (1 year)
33%
Beta vs S&P 500
1.13

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.

Share price after results

Next day
6 up, 6 down
typical move ±8.0%
After a week
6 up, 6 down
typical move ±8.8%
After a month
8 up, 4 down
typical move ±12.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 26, 2026 +1.6% +0.7% −5.5% −1.2%
May 21, 2026 +6.8% +0.6% +12.9% +25.5%
March 18, 2026 +0.2% −1.6% −0.1% +9.5%
November 19, 2025 −4.5% −1.1% +0.2% +5.6%
August 27, 2025 −5.0% +0.6% +2.5% +1.7%
May 22, 2025 −6.0% −0.6% −3.7% −6.0%
March 19, 2025 −4.2% +0.8% −4.0% −18.8%
November 20, 2024 +25.7% +0.6% +24.9% +33.8%
August 22, 2024 −3.0% +0.3% −7.6% +6.7%
May 22, 2024 −9.5% −1.0% −8.3% −2.2%
March 13, 2024 +18.5% −0.4% +22.4% +19.8%
November 16, 2023 +10.8% +0.2% +13.7% +23.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Williams-Sonoma, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Includes results

A results date falls inside these options’ life. Implied volatility is meant to be higher for that, so we do not call it rich.

  • Implied is 1.74× the last 60 days’ realised volatility .
  • Puts and calls are priced at about the same implied volatility.
  • Why: an earnings date falls inside the option's life, so implied volatility is expected to be high.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

WSM Williams-Sonoma, Inc. Grade B $259.56

Own 100 shares, sell the $280 call expiring December 18, 2026 (46 days) for $7.50 a share — $750 per contract.

Previous session · Bid $7.50, ask $9.60, quoted Mon 2 Nov, 17:40 New York time with WSM at $259.56. Option prices move with the shares: check the live chain at your broker before trading.

  • If WSM ends below $280: you keep your shares and the $750 — 2.9% extra on the position, 22.9% a year at that pace.
  • If it ends above $280: your shares are sold at $280, a total return of 10.8% including the premium — at or above our value of ~$180.
$2.8k $0 −$5.0k Break-even $252.06 Price $259.56 ← Our value ~$180
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$750
Annualised
22.9%
Break-even
$252.06
Max gain
$2,794
Chance of selling
~37%

Results are expected around November 28, 2026, before this option expires: the share price can jump on results, and the premium partly reflects that.

Collar

Own the shares, buy the $250 put and sell the $280 call, both expiring December 18, 2026 (46 days).

  • Net cost of $4.60 a share ($460 per contract of 100 shares).
  • Worst case at expiry: -5.5%, if the shares fall below $250 (-3.7% from today).
  • Best case at expiry: +6.1%, if the shares rise above $280 (+7.9%); gains beyond that go to the call buyer.

Offered because the shares trade at or above our fair value of $180: a way to hold on with a floor under the price, paid for by giving up upside the model does not expect. Strikes near 25-delta; the put at its ask and the call at its bid. Protection has a cost over time: research on protective puts finds they have usually lowered returns.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Williams-Sonoma, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

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) Williams-Sonoma, Inc.
$7.4B $7.6B $7.8B $8B $8.2B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $7.9B Revenue (TTM), FY24 Q4: $7.8B Revenue (TTM), FY25 Q1: $7.7B Revenue (TTM), FY25 Q2: $7.6B Revenue (TTM), FY25 Q3: $7.5B Revenue (TTM), FY25 Q4: $7.7B Revenue (TTM), FY26 Q1: $7.8B Revenue (TTM), FY26 Q2: $7.8B Revenue (TTM), FY26 Q3: $7.9B Revenue (TTM), FY26 Q4: $7.8B Revenue (TTM), FY27 Q1: $7.9B Revenue (TTM), FY27 Q2: $8B $8B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $7.9B
FY24 Q4 $7.8B
FY25 Q1 $7.7B
FY25 Q2 $7.6B
FY25 Q3 $7.5B
FY25 Q4 $7.7B
FY26 Q1 $7.8B
FY26 Q2 $7.8B
FY26 Q3 $7.9B
FY26 Q4 $7.8B
FY27 Q1 $7.9B
FY27 Q2 $8B
Revenue growth, TTM YoY Williams-Sonoma, Inc.
-15% -10% -5% 0% 5% 10% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -9.1% Revenue growth, TTM YoY, FY24 Q4: -10.6% Revenue growth, TTM YoY, FY25 Q1: -10.3% Revenue growth, TTM YoY, FY25 Q2: -8.3% Revenue growth, TTM YoY, FY25 Q3: -5.0% Revenue growth, TTM YoY, FY25 Q4: -0.5% Revenue growth, TTM YoY, FY26 Q1: 1.6% Revenue growth, TTM YoY, FY26 Q2: 3.3% Revenue growth, TTM YoY, FY26 Q3: 5.1% Revenue growth, TTM YoY, FY26 Q4: 1.2% Revenue growth, TTM YoY, FY27 Q1: 1.3% Revenue growth, TTM YoY, FY27 Q2: 2.2% 2.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -9.1%
FY24 Q4 -10.6%
FY25 Q1 -10.3%
FY25 Q2 -8.3%
FY25 Q3 -5.0%
FY25 Q4 -0.5%
FY26 Q1 1.6%
FY26 Q2 3.3%
FY26 Q3 5.1%
FY26 Q4 1.2%
FY27 Q1 1.3%
FY27 Q2 2.2%
Operating margin (TTM) Williams-Sonoma, Inc.
15% 16% 17% 18% 19% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 15.8% Operating margin (TTM), FY24 Q4: 16.1% Operating margin (TTM), FY25 Q1: 17.8% Operating margin (TTM), FY25 Q2: 18.0% Operating margin (TTM), FY25 Q3: 18.0% Operating margin (TTM), FY25 Q4: 18.5% Operating margin (TTM), FY26 Q1: 18.0% Operating margin (TTM), FY26 Q2: 18.6% Operating margin (TTM), FY26 Q3: 18.6% Operating margin (TTM), FY26 Q4: 18.1% Operating margin (TTM), FY27 Q1: 18.0% Operating margin (TTM), FY27 Q2: 19.2% 19.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 15.8%
FY24 Q4 16.1%
FY25 Q1 17.8%
FY25 Q2 18.0%
FY25 Q3 18.0%
FY25 Q4 18.5%
FY26 Q1 18.0%
FY26 Q2 18.6%
FY26 Q3 18.6%
FY26 Q4 18.1%
FY27 Q1 18.0%
FY27 Q2 19.2%
FCF margin (TTM) Williams-Sonoma, Inc.
12% 14% 16% 18% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 15.3% FCF margin (TTM), FY24 Q4: 19.2% FCF margin (TTM), FY25 Q1: 18.1% FCF margin (TTM), FY25 Q2: 16.8% FCF margin (TTM), FY25 Q3: 15.9% FCF margin (TTM), FY25 Q4: 14.8% FCF margin (TTM), FY26 Q1: 13.0% FCF margin (TTM), FY26 Q2: 13.1% FCF margin (TTM), FY26 Q3: 14.0% FCF margin (TTM), FY26 Q4: 13.5% FCF margin (TTM), FY27 Q1: 13.9% FCF margin (TTM), FY27 Q2: 16.8% 16.8%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 15.3%
FY24 Q4 19.2%
FY25 Q1 18.1%
FY25 Q2 16.8%
FY25 Q3 15.9%
FY25 Q4 14.8%
FY26 Q1 13.0%
FY26 Q2 13.1%
FY26 Q3 14.0%
FY26 Q4 13.5%
FY27 Q1 13.9%
FY27 Q2 16.8%

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

Where the money goes

FY2026, from the 10-K

Each dollar Williams-Sonoma took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $7.8B
  2. Cost of revenue $4.2B · 53.8%
  3. Gross profit $3.6B · 46.2%
  4. Selling, general and admin $2.2B · 28.0%
  5. Operating income $1.4B · 18.1%
  6. Income tax $364M · 4.7%
  7. Net income $1.1B · 13.9%

Shares of revenue. Source: Williams-Sonoma's 10-K for FY2026, as filed with the SEC.

Financial statements

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

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Feb 2015 2016 Jan 2016 2017 Jan 2017 2018 Jan 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Jan 2024 2025 Feb 2025 2026 Feb 2026 LTM Aug 2026
Income
Revenue 3,103 3,504 3,721 4,043 4,388 4,699 4,976 5,084 5,292 5,672 5,898 6,783 8,246 8,674 7,751 7,712 7,807 8,005
Gross profit 1,103 1,374 1,460 1,592 1,704 1,801 1,844 1,883 1,932 2,101 2,139 2,636 3,632 3,678 3,304 3,582 3,603 3,778
EBITDA 273 468 512 544 602 665 656 646 637 625 654 1,099 1,649 1,713 1,477 1,660 1,647 1,768
Operating income 121 323 382 409 452 502 489 473 454 436 466 911 1,453 1,498 1,244 1,430 1,416 1,537
Net income 77 200 237 257 279 309 310 305 260 334 356 681 1,126 1,128 950 1,125 1,088 1,179
Diluted EPS $0.36 $0.92 $1.11 $1.27 $1.41 $1.62 $1.69 $1.71 $1.51 $2.02 $2.25 $4.30 $7.38 $8.16 $7.28 $8.79 $8.84 $9.76
Growth (year on year)
Revenue −7.7% +12.9% +6.2% +8.7% +8.5% +7.1% +5.9% +2.2% +4.1% +7.2% +4.0% +15.0% +21.6% +5.2% −10.6% −0.5% +1.2% +2.2%
EBITDA — +71.3% +9.5% +6.1% +10.7% +10.4% −1.2% −1.6% −1.4% −1.9% +4.6% +68.2% +50.0% +3.8% −13.8% +12.4% −0.8% +5.0%
Operating income — +166.3% +18.0% +7.2% +10.5% +11.1% −2.7% −3.3% −4.0% −3.9% +6.9% +95.5% +59.6% +3.1% −17.0% +14.9% −1.0% +5.7%
Net income — +158.6% +18.3% +8.4% +8.6% +10.7% +0.4% −1.5% −15.0% +28.6% +6.7% +91.2% +65.5% +0.1% −15.8% +18.5% −3.3% +4.6%
Diluted EPS — +154.2% +21.3% +14.4% +11.0% +14.9% +4.0% +1.2% −11.4% +34.1% +10.9% +91.8% +71.3% +10.6% −10.8% +20.7% +0.6% +8.3%
Margins
Gross margin 35.6% 39.2% 39.2% 39.4% 38.8% 38.3% 37.1% 37.0% 36.5% 37.0% 36.3% 38.9% 44.0% 42.4% 42.6% 46.5% 46.2% 47.2%
EBITDA margin 8.8% 13.4% 13.8% 13.4% 13.7% 14.1% 13.2% 12.7% 12.0% 11.0% 11.1% 16.2% 20.0% 19.7% 19.1% 21.5% 21.1% 22.1%
Operating margin 3.9% 9.2% 10.3% 10.1% 10.3% 10.7% 9.8% 9.3% 8.6% 7.7% 7.9% 13.4% 17.6% 17.3% 16.1% 18.5% 18.1% 19.2%
Net margin 2.5% 5.7% 6.4% 6.4% 6.4% 6.6% 6.2% 6.0% 4.9% 5.9% 6.0% 10.0% 13.7% 13.0% 12.3% 14.6% 13.9% 14.7%
Free-cash-flow margin 13.5% 8.4% 4.3% 3.9% 5.9% 5.5% 6.9% 6.4% 5.9% 7.0% 7.1% 16.3% 13.9% 8.1% 19.2% 14.8% 13.5% 16.8%
Cash flow
Cash from operations 491 356 291 364 454 462 544 525 500 586 607 1,275 1,371 1,053 1,680 1,360 1,315 1,609
Capital spending 72 62 130 205 194 205 203 197 190 190 186 170 227 354 188 222 259 266
Free cash flow 418 294 161 159 260 257 341 327 310 396 421 1,105 1,145 699 1,492 1,139 1,055 1,343
Stock-based pay 25 27 24 31 39 45 41 51 43 60 64 73 95 90 85 99 107 120
Free cash flow after stock pay 393 267 137 128 221 212 300 276 267 336 357 1,032 1,049 608 1,407 1,040 949 1,223
Balance sheet
Cash 514 628 503 425 330 223 194 214 390 339 432 1,200 850 367 1,262 1,213 1,020 1,029
Total debt — — — — — — — — — — — — — — — — — 0
Net debt (negative = net cash) −514 −628 −503 −425 −330 −223 −194 −214 −390 −339 −432 −1,200 −850 −367 −1,262 −1,213 −1,020 −1,029
Diluted shares 215m 219m 213m 202m 198m 190m 184m 179m 172m 165m 158m 158m 153m 138m 131m 128m 123m 121m
Returned to shareholders
Dividends 51 59 69 88 112 126 128 134 135 140 151 158 188 217 232 280 316 336
Buybacks 0 125 194 155 239 224 225 151 196 295 149 150 899 880 313 807 854 853
Total returned 51 184 263 243 351 350 353 285 331 436 299 308 1,087 1,097 545 1,088 1,170 1,189

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

2 of 2 checks passed · August 2, 2026
What it owns · $5.5bn
Short-term assets $2.7bnLonger-term assets $2.8bn
What it owes, and who funded it · $5.5bn
Short-term liabilities $1.9bnLonger-term liabilities $1.5bnShareholders' equity $2.1bn
  • Short-term assets cover short-term liabilities $2.7bn of assets due within a year against $1.9bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.7bn short-term assets against $1.5bn of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • 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 Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Williams-Sonoma, Inc.'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

FY2027 Q2 TTM
Buybacks (TTM)
$853M
Dividends (TTM)
$336M
Returned to shareholders
88%
of free cash flow
Buybacks, last 3 fiscal years
$2B
Diluted share count
−3.4%
year over year
Total shareholder yield
3.9%
dividends 1.1% + buybacks 2.8% of market value
Dividend payout ratio
29%
of net income paid out
Sales & admin spending
28.0%
of revenue

Competitors: side by side with peers

Closest by revenue in homefurnishing retail
Last 12 months unless stated WSM W RH ARHS HVT LOVE Median
Revenue, last 12 months $8.0bn $12.9bn $3.4bn $1.4bn $780m $698m $1.4bn
Revenue growth, last 12 months 2.2% 7.5% 3.3% 5.4% 8.0% 1.1% 5.4%
Revenue growth, 3-year average −1.1% 2.8% 2.7% 2.9% −7.5% 1.4% 2.1%
Revenue growth, latest quarter 6.7% 7.5% 2.6% 7.4% 7.7% 0.4% 7.0%
Gross margin 47.2% 30.1% 44.3% 39.7% 60.9% 58.8% 44.3%
Operating margin 19.2% 1.7% 10.0% 6.6% — 3.3% 5.9%
Operating margin, 3-year average 18.6% −1.9% 9.8% 7.4% — 2.4% 7.4%
Net margin 14.7% −2.5% 3.2% 4.9% 2.9% 2.6% 3.2%
Cash from operations / revenue 20.1% 5.2% 12.3% 8.2% 7.8% 9.6% 8.2%
Free-cash-flow margin 16.8% 4.4% 7.3% 2.9% 5.1% 6.3% 5.1%
Free-cash-flow margin, 3-year average 15.6% 3.1% −1.2% 4.2% 4.9% 2.5% 3.7%
Stock pay / revenue 1.5% 2.4% 1.3% 0.8% 1.0% 0.6% 1.0%
Change in share count −3.4% 2.6% −4.1% 0.6% — −10.3% −1.7%

Median of all 7 companies we cover in homefurnishing 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

7 homefurnishing retail companies
Measure Company Peer median Rank
Revenue growth Growth 2.2% 5.4% 6 of 7
Change in growth rate Growth +0.9pp +0.7pp 3 of 7
Gross margin Profitability 47.2% 44.3% 3 of 7
Operating margin Profitability 19.2% 6.6% 1 of 6
Net margin Profitability 14.7% 3.2% 1 of 7
Free-cash-flow margin Cash generation 16.8% 5.1% 1 of 7
Stock pay as % of revenue Cash generation 1.5% 1.0% 6 of 7
Change in share count Balance sheet -3.4% 0.0% 3 of 6

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

Where the revenue comes from

Fiscal year to February 1, 2026
Segments
Line of business Revenue Share YoY
Reportable $7.8B 100.0% ▲ 1.2%
Pottery Barn $3B 38.4% ▼ 1.3%
West Elm $1.9B 23.8% ▲ 1.0%
Williams Sonoma $1.4B 17.5% ▲ 4.6%
Pottery Barn Kids and Teen $1.1B 14.6% ▲ 2.8%
All Other Segments $448M 5.7% ▲ 6.3%

From Williams-Sonoma, Inc.'s 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$26.4B
Institutions reporting
1,001
Shares held vs prior quarter
▲ 1.1%
Positions opened / closed
140 / 64

Top buyers and sellers, Q2 2026: 476 institutions bought and 428 sold ; the biggest buyer was Nuveen, LLC (+848K shares) and the biggest seller FMR LLC (−2.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $2.7B 11.4M 10.1% ▼ 1.7%
Aristotle Capital Management, LLC $2.6B 11.1M 9.8% ▼ 0.7%
Vanguard Capital Management LLC $1.8B 7.7M 6.8% ▼ 0.9%
Blackhill Capital Inc $1.8B 7.7M 6.8% 0.0%
Vanguard Portfolio Management LLC $1.4B 6.2M 5.5% ▲ 3.2%
State Street Corp $1.4B 5.9M 5.2% ▲ 1.9%
Geode Capital Management, LLC $897M 3.8M 3.4% ▲ 1.0%
First Trust Advisors LP $650M 2.8M 2.5% ▲ 4.7%
Norges Bank $410M 1.8M 1.6% —
Invesco Ltd. $394M 1.7M 1.5% ▼ 5.2%
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC $381M 1.6M 1.4% ▼ 5.7%
FMR LLC $377M 1.6M 1.4% ▼ 61.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Williams-Sonoma, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $49.7M 61 trades by 4 insiders · 100% under pre-set plans
Net ▼ $49.7M net selling
Insider Date Trade Shares Price Value
Finucane Anne A. Director October 16, 2026 Sell pre-set plan 14 $253.11 $3,544
Finucane Anne A. Director October 16, 2026 Sell pre-set plan 780 $252.12 $196,654
Yearout Karalyn EVP CHIEF TALENT OFFICER October 9, 2026 Sell pre-set plan 522 $239.36 $124,946
Alber Laura PRESIDENT & CEO September 16, 2026 Sell pre-set plan 2,382 $222.86 $530,853
Alber Laura PRESIDENT & CEO September 16, 2026 Sell pre-set plan 11,606 $222.24 $2.6M
Alber Laura PRESIDENT & CEO September 16, 2026 Sell pre-set plan 7,734 $221.18 $1.7M
Alber Laura PRESIDENT & CEO September 16, 2026 Sell pre-set plan 8,568 $220.48 $1.9M
Alber Laura PRESIDENT & CEO September 16, 2026 Sell pre-set plan 4,710 $219.17 $1M
Howie Jeffrey EVP CHIEF FINANCIAL OFFICER September 16, 2026 Sell pre-set plan 420 $221.63 $93,085
Howie Jeffrey EVP CHIEF FINANCIAL OFFICER September 16, 2026 Sell pre-set plan 585 $217.39 $127,173
Howie Jeffrey EVP CHIEF FINANCIAL OFFICER September 16, 2026 Sell pre-set plan 403 $218.12 $87,902
Howie Jeffrey EVP CHIEF FINANCIAL OFFICER September 16, 2026 Sell pre-set plan 202 $219.19 $44,276

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.

Trades by members of Congress

All 12 trades and filings

In the last 12 months, 1 member of Congress disclosed 1 purchase and 0 sales of Williams-Sonoma, Inc. shares.

  • Rick Larsen(D-WA 2):Purchase, $1,001 - $15,000, traded October 8, 2026, filed October 12, 2026
  • Julia Letlow(R-LA 5):Purchase, $1,001 - $15,000, traded July 25, 2025, filed January 13, 2026
  • Julia Letlow(R-LA 5):Purchase, $1,001 - $15,000, traded October 23, 2024, filed January 13, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 28, 2026 estimated from the company's past filing pattern, not announced

  • August 26, 2026
  • May 21, 2026
  • March 18, 2026
  • November 19, 2025
  • August 27, 2025
  • May 22, 2025

Recent SEC filings

Data status

When each part of this page on Williams-Sonoma, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
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.

Williams-Sonoma, Inc. in brief

What does Williams-Sonoma, Inc. do?
Williams-Sonoma, Inc. is a US-listed company in the homefurnishing retail industry. Its financial year ends in January.
What is Williams-Sonoma, Inc.'s stock ticker?
Williams-Sonoma, Inc. trades under the ticker WSM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Williams-Sonoma, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Williams-Sonoma, Inc. reported revenue of $8B, 2.2% higher than a year earlier, according to its SEC filings.
What is Williams-Sonoma, Inc.'s free cash flow?
Williams-Sonoma, Inc.'s free-cash-flow margin is 16.8% of revenue over the trailing twelve months, ranking 1 of the 7 homefurnishing retail companies we cover.
What is Williams-Sonoma, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Williams-Sonoma, Inc.'s free cash flow after stock-based pay gives ~$180 per share in the base case, and ~$140–$230 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Williams-Sonoma, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Aristotle Capital Management, LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Williams-Sonoma, Inc. buying back stock, and does it pay a dividend?
Williams-Sonoma, Inc. spent $853M on share repurchases over the trailing twelve months, and its diluted share count fell 3.4% over the year.
What is Williams-Sonoma, Inc.'s market cap?
On November 2, 2026, Williams-Sonoma, Inc.'s market capitalisation was about $31.3B, with a price-to-earnings ratio of 26.6 and net debt of -$1B. Market figures come from third-party market data and may be delayed.
Does Williams-Sonoma, Inc. pay a dividend?
Yes: Williams-Sonoma, Inc. paid $336M in dividends over the trailing twelve months, a dividend yield of 1.10% and a payout ratio of 28.5%.
Who are Williams-Sonoma, Inc.'s competitors?
In our Homefurnishing Retail peer group, the companies closest to Williams-Sonoma, Inc. are Wayfair Inc., RH, Arhaus, Inc., Haverty Furniture Companies Inc and Lovesac Co. The side-by-side comparison below sets their revenue, margins and growth against Williams-Sonoma, Inc.'s.
Are insiders buying or selling Williams-Sonoma, Inc. stock?
Over the last 12 months, Williams-Sonoma, Inc.'s directors and officers reported 0 open-market purchases and 61 sales on Form 4. The insider trading page charts every trade.
When is Williams-Sonoma, Inc.'s next earnings date?
Around November 18, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Williams-Sonoma, Inc. announces its own schedule.