Williams Sonoma
WSM · NYSERetail-Home Furniture, Furnishings & Equipment Stores · Fiscal year ends Jan 31
Williams Sonoma reported revenue of $7.8B in the fiscal year ended Feb 2026, up 1.2% from the year before. Operating income was $1.4B, an operating margin of 18.1%, and net income was $1.1B. Operating cash flow of $1.3B less capital expenditure of $259M left free cash flow of $1.1B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Revenue | $8.2B | $8.7B | $7.8B | $7.7B | $7.8B |
| Cost of revenue | – | – | $4.4B | $4.1B | $4.2B |
| Gross profit | $3.6B | $3.7B | $3.3B | $3.6B | $3.6B |
| Selling, general & admin | $2.2B | $2.2B | $2.1B | $2.2B | $2.2B |
| Operating income | $1.5B | $1.5B | $1.2B | $1.4B | $1.4B |
| Pre-tax income | $1.5B | $1.5B | $1.3B | $1.5B | $1.5B |
| Income tax | $325M | $373M | $324M | $360M | $364M |
| Net income | $1.1B | $1.1B | $950M | $1.1B | $1.1B |
| Diluted EPS | 14.75 | 8.16 | 7.28 | 8.79 | 8.84 |
| Diluted shares | 76M | 138M | 131M | 128M | 123M |
Balance sheet
| Fiscal year | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $850M | $367M | $1.3B | $1.2B | $1B |
| Receivables | $132M | $116M | $123M | $118M | $127M |
| Inventory | $1.2B | $1.5B | $1.2B | $1.3B | $1.5B |
| Current assets | $2.3B | $2B | $2.7B | $2.8B | $2.7B |
| Net PP&E | $921M | $1.1B | $1B | $1B | $1.1B |
| Goodwill | $85M | $77M | $77M | $77M | $77M |
| Total assets | $4.6B | $4.7B | $5.3B | $5.3B | $5.4B |
| Payables | $613M | $508M | $608M | $646M | $638M |
| Deferred revenue | $448M | $479M | $574M | $585M | $603M |
| Current liabilities | $1.8B | $1.6B | $1.9B | $1.9B | $2B |
| Short-term debt | $0 | – | – | – | – |
| Total liabilities | $3B | $3B | $3.1B | $3.2B | $3.3B |
| Shareholders' equity | $1.7B | $1.7B | $2.1B | $2.1B | $2.1B |
Cash flow
| Fiscal year | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $1.4B | $1.1B | $1.7B | $1.4B | $1.3B |
| Capital expenditure | $227M | $354M | $188M | $222M | $259M |
| Free cash flow | $1.1B | $699M | $1.5B | $1.1B | $1.1B |
| Depreciation & amortisation | $196M | $214M | $233M | $230M | $231M |
| Stock-based compensation | $95M | $90M | $85M | $99M | $107M |
| Share buybacks | $899M | $880M | $313M | $807M | $854M |
| Dividends paid | $188M | $217M | $232M | $280M | $316M |
| Dividend per share | 2.60 | 1.56 | 1.80 | 2.28 | 2.64 |
Key ratios
| Fiscal year | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 5.2% | −10.6% | −0.5% | 1.2% |
| Operating income growth (YoY) | – | 3.1% | −17.0% | 14.9% | −1.0% |
| EPS growth (YoY) | – | −44.7% | −10.8% | 20.7% | 0.6% |
| Gross margin | 44.0% | 42.4% | 42.6% | 46.5% | 46.2% |
| Operating margin | 17.6% | 17.3% | 16.1% | 18.5% | 18.1% |
| Net margin | 13.7% | 13.0% | 12.3% | 14.6% | 13.9% |
| Return on equityBlank when equity is negative | 67.7% | 66.3% | 44.6% | 52.5% | 52.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 50.9% | 49.5% | 36.7% | 42.2% | 40.9% |
| Free cash flow margin | 13.9% | 8.1% | 19.2% | 14.8% | 13.5% |
| Cash conversion (CFO ÷ net income) | 1.22x | 0.93x | 1.77x | 1.21x | 1.21x |
| Receivable days | 6 | 5 | 6 | 6 | 6 |
| Inventory days | 99 | 106 | 102 | 118 | 127 |
| Payable days | 48 | 37 | 50 | 57 | 55 |
| Current ratio | 1.31x | 1.24x | 1.45x | 1.44x | 1.39x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.