Carter's, Inc. (CRI) Key Metrics
CRI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.15B
- Enterprise value
- $1.62B
- P/E (TTM)
- 5.9 10-yr median 13.2
- Forward P/E
- 16.4
- PEG ratio
- 2.01
- Price / sales
- 0.4 10-yr median 1.2
- Price / book
- 1.1 10-yr median 4.4
- EV / EBITDA
- 4.7 10-yr median 9.2
- Dividend yield
- 3.18% $1.00 a year
- Beta
- 0.84
CRI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCRI valuation Price multiples at each fiscal year-end price.
CRI returns How much profit the business earns on the capital it uses.
CRI per-share figures Results divided by the shares outstanding at year-end.
CRI financial health Debt, liquidity and how easily interest is covered.
CRI efficiency & capital use Working capital cycle and where the cash goes.
CRI valuation history
CRI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CRI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CRI cash returned to shareholders
CRI price vs earnings per share
CRI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.15B | $1.93B | $2.74B | $2.90B | $4.35B | $4.08B | $4.89B | $3.81B | $5.66B | $4.35B |
| Enterprise value | $1.87B | $2.64B | $3.47B | $3.87B | $4.94B | $4.71B | $6.09B | $4.25B | $6.11B | $4.63B |
| P/E ratio | 12.5 | 10.4 | 11.8 | 11.6 | 12.8 | 37.2 | 18.5 | 13.5 | 18.7 | 16.9 |
| Price / sales | 0.4 | 0.7 | 0.9 | 0.9 | 1.2 | 1.4 | 1.4 | 1.1 | 1.7 | 1.4 |
| Price / book | 1.2 | 2.3 | 3.2 | 3.6 | 4.6 | 4.4 | 5.6 | 4.4 | 6.6 | 5.5 |
| Price / free cash flow | 16.7 | 7.9 | 5.8 | 60.4 | 18.9 | 7.3 | 15.0 | 13.0 | 21.7 | 15.5 |
| Price / operating cash flow | 9.4 | 6.4 | 5.2 | 32.8 | 16.2 | 6.9 | 12.6 | 10.7 | 17.2 | 11.8 |
| EV / sales | 0.6 | 0.9 | 1.2 | 1.2 | 1.4 | 1.6 | 1.7 | 1.2 | 1.8 | 1.4 |
| EV / EBITDA | 9.2 | 7.7 | 8.7 | 9.1 | 8.3 | 14.3 | 13.2 | 8.9 | 12.1 | 9.3 |
| EV / free cash flow | 27.3 | 10.9 | 7.4 | 80.6 | 21.4 | 8.5 | 18.7 | 14.5 | 23.5 | 16.5 |
| Earnings yield | 8.0% | 9.6% | 8.5% | 8.6% | 7.8% | 2.7% | 5.4% | 7.4% | 5.4% | 5.9% |
| Free cash flow yield | 6.0% | 12.6% | 17.1% | 1.7% | 5.3% | 13.6% | 6.7% | 7.7% | 4.6% | 6.4% |
| Dividend yield | 4.9% | 6.0% | 4.1% | 4.1% | 1.4% | 0.6% | 1.8% | 2.2% | 1.3% | 1.5% |
| Shareholder yield (dividends + buybacks) | 5.3% | 8.7% | 7.7% | 14.4% | 8.3% | 1.8% | 5.9% | 7.3% | 4.6% | 8.4% |
| Share price at fiscal year-end | $32.43 | $54.19 | $74.89 | $74.61 | $101.22 | $94.07 | $109.34 | $81.62 | $117.49 | $86.39 |
| Per share | ||||||||||
| Revenue per share | $81.78 | $80.06 | $80.50 | $82.69 | $81.08 | $69.67 | $78.72 | $74.22 | $70.63 | $63.51 |
| Earnings per share | $2.59 | $5.22 | $6.35 | $6.44 | $7.90 | $2.53 | $5.90 | $6.05 | $6.29 | $5.12 |
| Operating cash flow per share | $3.45 | $8.41 | $14.46 | $2.27 | $6.24 | $13.56 | $8.66 | $7.64 | $6.85 | $7.33 |
| Free cash flow per share | $1.94 | $6.83 | $12.82 | $1.24 | $5.37 | $12.80 | $7.29 | $6.27 | $5.40 | $5.57 |
| Cash per share | $13.74 | $11.62 | $9.60 | $5.45 | $22.89 | $25.39 | $4.79 | $3.65 | $3.71 | $5.94 |
| Book value per share | $26.10 | $24.05 | $23.10 | $20.50 | $22.10 | $21.61 | $19.69 | $18.64 | $17.80 | $15.64 |
| Tangible book value per share | $12.05 | $10.02 | $8.45 | $6.64 | $9.22 | $8.77 | $6.16 | $4.98 | $4.43 | $6.02 |
| Dividends per share | $1.59 | $3.27 | $3.06 | $3.04 | $1.40 | $0.60 | $2.00 | $1.79 | $1.47 | $1.32 |
| Capex per share | $1.52 | $1.58 | $1.64 | $1.04 | $0.87 | $0.76 | $1.37 | $1.37 | $1.44 | $1.76 |
| Debt per share | $34.20 | $31.81 | $29.56 | $30.39 | $36.44 | $39.84 | $31.75 | $13.19 | $13.22 | $11.52 |
| Shares outstanding | 35.4M | 35.5M | 36.6M | 38.9M | 43.0M | 43.4M | 44.7M | 46.6M | 48.1M | 50.4M |
| Change in shares outstanding | −0.2% | −2.9% | −5.8% | −9.7% | −0.9% | −2.9% | −4.2% | −3.1% | −4.4% | −3.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 10.3% | 21.8% | 28.3% | 28.6% | 36.0% | 12.1% | 30.2% | 32.7% | 36.8% | 31.0% |
| Return on invested capital (ROIC) | 7.2% | 13.0% | 14.9% | 18.2% | 24.9% | 8.5% | 17.6% | 23.6% | 27.2% | 20.4% |
| Return on assets (ROA) | 3.7% | 7.7% | 9.7% | 8.9% | 10.3% | 3.6% | 11.0% | 13.7% | 15.1% | 13.0% |
| Return on tangible assets | 4.4% | 9.6% | 12.6% | 13.2% | 12.9% | 3.9% | 12.3% | 19.8% | 21.3% | 17.7% |
| Free cash flow margin | 2.4% | 8.5% | 15.9% | 1.5% | 6.6% | 18.4% | 9.3% | 8.4% | 7.7% | 8.8% |
| Income quality (OCF / net income) | 1.33 | 1.61 | 2.28 | 0.35 | 0.79 | 5.36 | 1.47 | 1.26 | 1.09 | 1.43 |
| Financial health | ||||||||||
| Total debt | $1.21B | $1.13B | $1.08B | $1.18B | $1.57B | $1.73B | $1.42B | $615.5M | $636.6M | $580.4M |
| Cash & short-term investments | $487.1M | $412.9M | $351.2M | $211.7M | $984.3M | $1.10B | $214.3M | $170.1M | $178.5M | $299.4M |
| Net debt | $725.0M | $717.3M | $730.3M | $969.0M | $582.7M | $626.9M | $1.20B | $445.4M | $458.1M | $281.0M |
| Debt / equity | 1.31 | 1.32 | 1.28 | 1.48 | 1.65 | 1.84 | 1.61 | 0.71 | 0.74 | 0.74 |
| Debt / assets | 0.47 | 0.46 | 0.45 | 0.48 | 0.49 | 0.51 | 0.52 | 0.30 | 0.31 | 0.30 |
| Net debt / EBITDA | 3.57 | 2.09 | 1.82 | 2.28 | 0.98 | 1.91 | 2.61 | 0.93 | 0.91 | 0.56 |
| Current ratio | 2.51 | 2.25 | 2.15 | 2.25 | 2.65 | 2.46 | 2.33 | 3.19 | 3.10 | 3.81 |
| Quick ratio | 1.44 | 1.26 | 1.10 | 0.84 | 1.75 | 1.70 | 1.08 | 1.43 | 1.43 | 2.05 |
| Interest coverage | 4.2 | 8.1 | 9.5 | 8.9 | 8.2 | 3.4 | 9.9 | 11.3 | 14.0 | 15.8 |
| Working capital | $764.8M | $633.9M | $589.4M | $659.8M | $1.18B | $1.15B | $632.3M | $715.5M | $689.0M | $779.5M |
| Invested capital | $1.65B | $1.57B | $1.58B | $1.77B | $1.53B | $1.56B | $2.09B | $1.31B | $1.32B | $1.07B |
| Tangible asset value | $427.3M | $356.1M | $309.3M | $258.1M | $396.6M | $380.9M | $275.3M | $232.1M | $213.1M | $303.2M |
| Net current asset value | −$369.6M | −$435.9M | −$432.1M | −$454.6M | −$338.1M | −$508.5M | −$765.2M | −$146.5M | −$193.2M | −$101.4M |
| Graham number | $39.00 | $53.16 | $57.46 | $54.48 | $62.67 | $35.06 | $51.12 | $50.36 | $50.19 | $42.47 |
| Graham net-net per share | −$21.08 | −$21.63 | −$21.20 | −$23.43 | −$17.58 | −$21.03 | −$26.25 | −$11.54 | −$12.00 | −$9.20 |
| Capital allocation | ||||||||||
| Dividends paid | $56.4M | $116.2M | $112.0M | $118.1M | $60.1M | $26.3M | $89.6M | $83.7M | $70.9M | $66.4M |
| Share buybacks (net) | $4.5M | $50.5M | $100.0M | $299.7M | $299.3M | $45.3M | $196.9M | $193.0M | $188.8M | $300.4M |
| Dividend payout ratio | 61.4% | 62.6% | 48.2% | 47.2% | 17.7% | 23.9% | 34.0% | 29.7% | 23.4% | 25.7% |
| Dividends + buybacks / free cash flow | 88.7% | 68.7% | 45.2% | 870.4% | 155.7% | 12.9% | 87.9% | 94.6% | 99.8% | 130.7% |
| Capex / revenue | 1.9% | 2.0% | 2.0% | 1.3% | 1.1% | 1.1% | 1.7% | 1.8% | 2.0% | 2.8% |
| Capex / operating cash flow | 43.9% | 18.8% | 11.3% | 45.7% | 14.0% | 5.6% | 15.9% | 17.9% | 21.1% | 24.0% |
| Capex / depreciation | 0.97 | 0.97 | 0.93 | 0.62 | 0.40 | 0.35 | 0.64 | 0.71 | 0.82 | 1.21 |
| Stock-based compensation / revenue | 0.7% | 0.6% | 0.7% | 0.7% | 0.6% | 0.4% | 0.5% | 0.4% | 0.5% | 0.5% |
| SG&A / revenue | 41.0% | 38.5% | 37.1% | 34.6% | 25.4% | 36.6% | 32.4% | 27.5% | 27.4% | 26.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 23.5 | 24.3 | 23.7 | 24.4 | 21.9 | 26.4 | 26.4 | 26.3 | 23.8 | 23.4 |
| Days of inventory on hand | 120.6 | 128.3 | 150.9 | 146.0 | 124.8 | 127.3 | 106.0 | 104.3 | 98.7 | 96.0 |
| Days payables outstanding | 55.8 | 60.5 | 59.6 | 70.4 | 88.0 | 70.0 | 34.7 | 35.4 | 32.4 | 31.7 |
| Cash conversion cycle (days) | 88.4 | 92.1 | 115.0 | 100.0 | 58.7 | 83.7 | 97.7 | 95.2 | 90.0 | 87.7 |
| Receivables turnover | 15.52 | 15.02 | 15.41 | 14.94 | 16.69 | 13.82 | 13.82 | 13.88 | 15.35 | 15.60 |
| Payables turnover | 6.55 | 6.03 | 6.12 | 5.19 | 4.15 | 5.22 | 10.51 | 10.31 | 11.26 | 11.52 |
| Inventory turnover | 3.03 | 2.85 | 2.42 | 2.50 | 2.93 | 2.87 | 3.44 | 3.50 | 3.70 | 3.80 |
| Asset turnover | 1.16 | 1.18 | 1.22 | 1.14 | 1.06 | 0.98 | 1.46 | 1.68 | 1.69 | 1.62 |
| Average receivables | $186.7M | $189.3M | $191.2M | $215.0M | $208.9M | $218.8M | $254.6M | $249.4M | $221.5M | $205.0M |
| Average payables | $241.9M | $245.2M | $253.1M | $335.6M | $439.6M | $327.9M | $191.4M | $190.6M | $170.3M | $158.0M |
| Average inventory | $523.5M | $519.7M | $640.8M | $696.2M | $623.5M | $596.6M | $584.1M | $561.5M | $518.2M | $478.8M |
| Intangibles / total assets | 19.4% | 20.5% | 22.5% | 22.1% | 17.4% | 16.4% | 22.0% | 31.0% | 31.1% | 24.9% |
Computed from CRI's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CRI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Carter's traded at 12.5 times earnings, against a 10-year median of 13.2. Based on the latest twelve months, the trailing P/E is 5.9 and the forward P/E is 16.4. Carter's earned a return on equity of 10.3% and a return on invested capital of 7.2% in fiscal 2025. It ended the year with $1.2 billion of debt and $487.1 million in cash and short-term investments, net debt of $725.0 million. It returned $60.9 million to shareholders: $56.4 million in dividends and $4.5 million in share buybacks, 89% of free cash flow. The share count fell 29.6% from 50.4M to 35.4M over 9 years.
See the CRI income statement, the CRI chart for price history, or the CRI stock overview for the latest quote and news.
CRI key metrics FAQ
What is Carter's's P/E ratio?
Carter's's trailing P/E ratio is 5.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.4. At the end of fiscal 2025 it was 12.5, compared with a 10-year median of 13.2.
What is Carter's's EV/EBITDA?
Carter's's enterprise value was 9.2 times EBITDA at the end of fiscal 2025 (enterprise value $1.9 billion, EBITDA $203.3 million); the current EV/EBITDA is 4.7.
What is Carter's's return on equity?
Carter's's return on equity (ROE) was 10.3% in fiscal 2025: net income of $91.8 million on average shareholders' equity of $889.8 million.
What is Carter's's ROIC?
Carter's's return on invested capital was 7.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Carter's have?
Carter's had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.31 and $725.0 million of net debt (3.57 times EBITDA).
What is Carter's's dividend yield?
Carter's's forward dividend yield is 3.18%. Carter's paid $56.4 million in dividends in fiscal 2025 ($1.59 per share), a payout ratio of 61.4%.
Does Carter's buy back its shares?
Yes. Carter's spent $4.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.2% over the year, to 35.4M..
What is Carter's's free cash flow yield?
Carter's generated $68.6 million of free cash flow in fiscal 2025, a free cash flow yield of 6.0% on its market value at year-end ($1.1 billion).
What is Carter's's current ratio?
Carter's's current ratio was 2.51 at the end of fiscal 2025: current assets were 2.51 times current liabilities.