Sally Beauty Holdings, Inc.

SBHNYSEConsumer Cyclical● Active

$12.66

+$0.58(+4.76%)

Market Cap$1.2B

P/E Ratio—

52W High$17.92

52W Low$8.45

Avg Volume1.5M

Open$12.00

Beta1.04

Free Cash Flow Financials Revenue

Sally Beauty Holdings, Inc. (SBH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SBH · free cash flow · updated Jun 8, 2026

Core FCF metrics

SBH · FCF · TTM · margin & CAGR

Free cash flow was $172.7M for FY2025 (fiscal year ending 2025-09-30), up 18.8% year-over-year The FCF margin was 4.7%. Five-year CAGR stands at -11.4%.

FY2025 Free Cash Flow$172.7M▲ +18.8% YoY

Trailing 12M (TTM)$263.8Mtrailing 4 quarters sum

FCF Margin4.7%$172.7M ÷ revenue

3-Year CAGR+44.5%FY2022 → FY2025

5-Year CAGR-11.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SBH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$274.8M(102M)$172.7M▲ +18.8%4.7%

FY2024$246.5M(101M)$145.4M▼ 8.3%3.9%

FY2023$249.3M(91M)$158.6M▲ +177.0%4.3%

FY2022$156.5M(99M)$57.3M▼ 81.4%1.5%

FY2021$381.9M(74M)$308.0M▼ 2.6%8.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SBH · P/FCF · FCF yield · FCF per share

Sally Beauty Holdings, Inc. (SBH) trades at a FCF yield of 21.82% and a price-to-free-cash-flow ratio of 4.8x. FCF per share stands at $2.62, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

21.82%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.62

TTM FCF ÷ Shares Outstanding

Price / FCF

x4.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x9.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-30

Cash flow statement summary

SBH · cash flow statement · operating / investing / financing

For FY2025, Sally Beauty Holdings, Inc. generated $274.8M in operating cash flow and spent 102M in capital expenditures, yielding $172.7M in free cash flow.

Operating Activities

+$274.8M

Cash from core business operations

2025-09-30

Investing Activities

−$58.3M

CapEx, acquisitions & investments

2025-09-30

Financing Activities

−$178.4M

Buybacks, dividends & debt

2025-09-30

FCF FormulaOperating CF ($274.8M) − |CapEx| (102M) = FCF ($172.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

SBH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Sally Beauty Holdings, Inc.YOU

SBH

$172.7M+18.8%4.7%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Sally Beauty Holdings, Inc. (SBH) reported free cash flow of $172.7M for FY2025 (fiscal year ending 2025-09-30), up 18.8% year-over-year. The FCF margin was 4.7%.

Based on available data, Sally Beauty Holdings, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $316.0M in FY2020. The 5-year CAGR stands at -11.4%.

Sally Beauty Holdings, Inc.'s FCF yield is 21.82% and price-to-FCF ratio is 4.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SBH free cash flow · 8 questions

Sally Beauty Holdings, Inc. free cash flow was $172.7M for FY2025, up 18.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $263.8M.

SBH free cash flowSBH FCFSBH FCF 2025SBH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Sally Beauty Holdings, Inc. · Sally Beauty Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026