Williams-Sonoma, Inc. key statistics and ratios

In fiscal 2026, Williams-Sonoma, Inc. had return on equity of 51.5%, an operating margin of 18.1% and a current ratio of 1.39. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

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

Williams-Sonoma, Inc.: financial ratios, annual
Fiscal year	2010Jan 2010	2011Jan 2011	2012Jan 2012	2013Feb 2013	2014Feb 2014	2015Feb 2015	2016Jan 2016	2017Jan 2017	2018Jan 2018	2019Feb 2019	2020Feb 2020	2021Jan 2021	2022Jan 2022	2023Jan 2023	2024Jan 2024	2025Feb 2025	2026Feb 2026	LTMAug 2026
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%
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%
Return on equity	6.4%	16.2%	18.8%	20.0%	21.7%	24.9%	25.6%	25.0%	21.2%	28.3%	29.8%	47.2%	67.9%	67.0%	49.6%	52.7%	51.5%	55.8%
Return on assets	3.7%	9.5%	11.3%	12.1%	12.3%	13.2%	13.1%	12.5%	9.9%	11.9%	10.4%	15.6%	24.3%	24.3%	19.1%	21.3%	20.3%	21.6%
Asset turnover	1.49	1.66	1.77	1.90	1.94	2.01	2.10	2.08	2.01	2.03	1.72	1.56	1.78	1.87	1.56	1.46	1.46	1.47
Current ratio	2.09	2.20	2.23	2.00	1.65	1.59	1.34	1.42	1.62	1.58	1.09	1.33	1.31	1.24	1.45	1.44	1.39	1.45
Debt to equity	0.8%	0.8%	0.7%	0.4%	0.3%	0.2%	—	—	24.9%	25.9%	24.3%	18.1%	0.0%	—	—	—	—	0.0%
Effective tax rate	35.6%	38.0%	37.9%	37.4%	38.4%	38.5%	36.5%	35.3%	42.6%	22.3%	22.1%	23.9%	22.4%	24.8%	25.4%	24.3%	25.1%	25.1%
SG&A as % of revenue	31.6%	30.0%	29.0%	29.3%	28.5%	27.6%	27.2%	27.7%	27.9%	29.4%	28.4%	25.4%	26.4%	25.1%	26.6%	27.9%	28.0%	28.0%
Capital spending as % of revenue	2.3%	1.8%	3.5%	5.1%	4.4%	4.4%	4.1%	3.9%	3.6%	3.4%	3.2%	2.5%	2.7%	4.1%	2.4%	2.9%	3.3%	3.3%
Free cash flow ÷ net income	540.3%	146.9%	67.9%	61.8%	93.2%	83.2%	110.0%	107.2%	119.4%	118.6%	118.2%	162.4%	101.6%	61.9%	157.1%	101.2%	97.0%	113.9%
Dividends ÷ net income	66.0%	29.5%	29.1%	34.2%	40.0%	40.7%	41.2%	43.7%	52.0%	42.1%	42.3%	23.2%	16.7%	19.3%	24.5%	24.9%	29.1%	28.5%
Dividends and buybacks ÷ free cash flow	12.2%	62.6%	163.6%	153.1%	135.0%	136.3%	103.4%	87.0%	106.8%	110.0%	71.1%	27.8%	95.0%	157.1%	36.6%	95.5%	110.9%	88.5%

US$ thousands unless shown otherwise. Fiscal quarters.

Williams-Sonoma, Inc.: financial ratios, quarterly
Quarter	2025 Q3Oct 2024	2025 Q4Feb 2025	2026 Q1May 2025	2026 Q2Aug 2025	2026 Q3Nov 2025	2026 Q4Feb 2026	2027 Q1May 2026	2027 Q2Aug 2026
Gross margin	45.4%	47.3%	44.3%	47.1%	46.1%	46.9%	43.9%	51.6%
Operating margin	16.9%	21.5%	16.8%	17.9%	17.0%	20.3%	16.2%	22.9%
Net margin	13.2%	16.7%	13.4%	13.5%	12.8%	15.6%	12.8%	17.3%
Free-cash-flow margin	9.4%	23.0%	3.5%	12.6%	13.2%	21.9%	5.5%	24.5%
Current ratio	1.34	1.44	1.51	1.50	1.43	1.39	1.33	1.45
SG&A as % of revenue	28.5%	25.8%	27.5%	29.2%	29.1%	26.6%	27.8%	28.7%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

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.

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.

Compare with peers

Head to head: W vs WSM RH vs WSM ARHS vs WSM

More: Homefurnishing Retail stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Williams-Sonoma, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Williams-Sonoma, Inc.