SuperworthYETI profit margin YETI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 9.2%
- Operating margin, 12 months
- 12.2%
- Net margin on a year earlier
- −0.5 pts
- Peer median
- 9.8%
Over the twelve months to Jul 4, 2026, YETI kept 9.2% of its revenue as net profit, with an operating margin of 12.2% and a gross margin of 59.2%.
Five years earlier its net margin was 15.7%.
The median for 10 leisure stocks of a similar size is 9.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 8.9% | 11.4% | 57.4% |
| FY2024 | 9.6% | 13.4% | 58.1% |
| FY2023 | 10.2% | 13.6% | 56.9% |
| FY2022 | 5.6% | 7.9% | 47.9% |
| FY2021 | 15.1% | 19.5% | 57.8% |
| FY2020 | 14.3% | 19.6% | 57.6% |
| FY2019 | 5.5% | 9.8% | 52.0% |
| FY2018 | 7.4% | 13.1% | 49.2% |
| FY2017 | 2.4% | n/a | 46.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 9.2% | −0.5 pts | 12.2% | |
| Q1 FY26 | 8.4% | −1.2 pts | 10.8% | |
| Q4 FY25 | 8.9% | −0.7 pts | 11.4% | |
| Q3 FY25 | 8.8% | −2.4 pts | 12.0% | |
| Q2 FY25 | 9.7% | −0.9 pts | 12.9% | |
| Q1 FY25 | 9.6% | −0.7 pts | 13.1% | |
| Q4 FY24 | 9.6% | −0.6 pts | 13.4% | |
| Q3 FY24 | 11.2% | +7.1 pts | 14.5% | |
| Q2 FY24 | 10.7% | +6.5 pts | 14.4% | |
| Q1 FY24 | 10.3% | +5.7 pts | 13.9% | |
| Q4 FY23 | 10.2% | +4.6 pts | 13.6% | |
| Q3 FY23 | 4.0% | −8.0 pts | 5.3% |
Against its peers
Companies in Leisure nearest YETI's size, closest first, today.
| Company | Profit margin |
|---|---|
| YETIYETI | 9.2% |
| BRCBrady | 12.4% |
| PLNTPlanet Fitness | 16.9% |
| OSWONESPAWORLD HOLDINGS | 8.0% |
| PTONPeloton Interactive | 2.6% |
| MATMattel | 7.8% |
| GOLFAcushnet | 8.1% |
| ODCOil-Dri Corp of America | 11.5% |
| LTHLife Time | 13.0% |
| DAKTDaktronics | 5.7% |
| HASHasbro | 16.0% |
| Peer median | 9.8% |
Where YETI ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on YETI
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.