Torrid Holdings Inc. (CURV) Key Metrics

NYSE: CURVValuation, returns, debt and efficiency ratios over 9 years.

CURV valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$234.3M
Enterprise value
$632.8M
P/E (TTM)
—
10-yr median 45.7
Forward P/E
1.9
PEG ratio
—
Price / sales
0.2
10-yr median 0.5
Price / book
—
EV / EBITDA
8.3
10-yr median 7.6
Dividend yield
—
Beta
0.69

CURV key metrics, FY2018–FY2026

Fiscal year ended January 31, 2026 · U.S. dollars

CURV valuation Price multiples at each fiscal year-end price.

Price / sales−82.7%
0.1
FY2026 · hover or tap a bar for each year
FY2022: 0.8FY2023: 0.3 (−61.8%)FY2024: 0.5 (+55.0%)FY2025: 0.7 (+44.6%)FY2026: 0.1 (−82.7%)
FY2018FY2026
EV / EBITDA−32.4%
5.8
FY2026 · hover or tap a bar for each year
FY2022: 12.7FY2023: 5.1 (−60.0%)FY2024: 7.6 (+49.2%)FY2025: 8.6 (+13.4%)FY2026: 5.8 (−32.4%)
FY2018FY2026
Free cash flow yield−27.2 pts
−18.7%
FY2026 · hover or tap a bar for each year
FY2022: 10.3%FY2023: 7.7% (−2.6 pts)FY2024: 3.1% (−4.6 pts)FY2025: 8.4% (+5.3 pts)FY2026: −18.7% (−27.2 pts)
FY2018FY2026

CURV valuation history

Fiscal year-endToday9-year median

CURV returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

CURV debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

CURV cash returned to shareholders

DividendsBuybacksFree cash flow

CURV price vs earnings per share

Share price at year-endEPS (right axis)

CURV key metrics

FY2018–FY2026
Torrid Holdings Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Valuation
Market capitalization$116.7M$746.1M$538.7M$388.7M$1.01B————
Enterprise value$534.9M$1.16B$1.04B$922.6M$1.58B————
P/E ratio—45.746.47.7—————
Price / sales0.10.70.50.30.8————
Price / free cash flow—11.832.113.09.8————
Price / operating cash flow—9.612.67.38.3————
EV / sales0.51.10.90.71.2————
EV / EBITDA5.88.67.65.112.7————
EV / free cash flow—18.561.930.815.2————
Earnings yield−6.0%2.2%2.2%12.9%−3.0%————
Free cash flow yield−18.7%8.4%3.1%7.7%10.3%————
Dividend yield——0.0%0.2%29.7%————
Shareholder yield (dividends + buybacks)17.2%0.0%0.1%8.3%32.0%————
Share price at fiscal year-end$1.15$7.06$5.16$3.72$9.20————
Per share
Revenue per share$9.86$10.44$11.03$12.33$11.64$8.85$9.43$8.26$7.31
Earnings per share−$0.07$0.15$0.11$0.48−$0.27$0.22$0.38$0.79$0.01
Operating cash flow per share−$0.13$0.73$0.41$0.51$1.10$1.38$0.90$1.05$0.44
Free cash flow per share−$0.22$0.60$0.16$0.29$0.94$1.28$0.66$0.68−$0.05
Cash per share$0.20$0.46$0.11$0.13$0.26$1.12$0.26$0.08$0.07
Book value per share−$2.10−$1.81−$2.03−$2.20−$2.35−$0.57−$0.87$1.15$1.25
Tangible book value per share−$2.19−$1.89−$2.11−$2.28−$2.43−$0.65−$0.94$1.07$1.17
Dividends per share——$0.00$0.01$2.73$0.00———
Capex per share$0.09$0.14$0.25$0.22$0.16$0.11$0.24$0.37$0.49
Debt per share$4.32$4.42$4.90$5.24$5.42$4.58$5.32$0.14$0.25
Shares outstanding101.4M105.7M104.4M104.5M109.9M110.0M110.0M110.0M110.0M
Change in shares outstanding−4.0%+1.2%−0.1%−4.9%−0.1%0.0%0.0%0.0%—
Returns & profitability
Return on equity (ROE)———————65.6%0.6%
Return on invested capital (ROIC)7.8%16.8%12.4%23.3%7.3%10.1%17.9%60.2%6.7%
Return on assets (ROA)−1.6%3.4%2.3%9.1%−4.9%3.8%8.8%26.9%0.3%
Return on tangible assets−1.8%3.4%2.5%9.7%−5.3%3.8%6.7%28.1%0.3%
Free cash flow margin−2.2%5.7%1.5%2.3%8.1%14.4%7.0%8.2%−0.7%
Income quality (OCF / net income)—4.743.681.06—6.192.371.3357.90
Financial health
Total debt$438.2M$466.6M$511.3M$547.4M$595.2M$503.8M$585.5M$15.5M$27.6M
Cash & short-term investments$20.0M$48.5M$11.7M$13.6M$29.0M$123.0M$28.8M$9.2M$7.5M
Net debt$418.2M$418.1M$499.5M$533.9M$566.2M$380.8M$556.7M$6.3M$20.1M
Debt / equity———————0.120.20
Debt / assets1.090.961.071.041.030.780.920.050.08
Net debt / EBITDA4.563.103.662.954.572.893.740.050.47
Current ratio0.780.860.770.810.740.930.881.041.30
Quick ratio0.230.300.160.130.170.520.240.230.25
Interest coverage0.71.61.53.41.52.74.798.5—
Working capital−$55.5M−$37.0M−$53.0M−$51.2M−$76.1M−$19.0M−$22.6M$5.4M$35.6M
Invested capital$204.8M$227.0M$287.8M$303.6M$307.8M$317.7M$461.2M$132.7M$157.9M
Tangible asset value−$221.8M−$199.5M−$220.1M−$238.6M−$266.7M−$71.6M−$103.9M$177.6M$128.8M
Net current asset value−$420.3M−$453.4M−$509.5M−$541.4M−$615.9M−$469.2M−$567.5M$5.4M−$33.2M
Graham number———————$4.51$0.46
Graham net-net per share−$5.16−$5.25−$5.80−$6.24−$6.47−$4.83−$5.78−$0.59−$1.03
Capital allocation
Dividends paid——$0$746,000$300.0M$0———
Share buybacks (net)$20.1M$0$306,000$31.7M$23.4M$0$256.4M$60.7M$1.3M
Dividend payout ratio——0.0%1.5%—0.0%———
Dividends + buybacks / free cash flow—0.0%1.8%108.4%311.9%0.0%352.4%81.4%—
Capex / revenue0.9%1.3%2.3%1.8%1.4%1.2%2.5%4.5%6.7%
Capex / operating cash flow—18.6%60.8%43.8%14.5%7.6%26.6%35.2%111.9%
Capex / depreciation0.130.180.330.290.220.150.371.502.47
Stock-based compensation / revenue0.5%0.7%0.7%0.8%12.5%0.8%1.2%−4.2%5.1%
SG&A / revenue32.7%32.3%30.2%27.8%37.0%28.1%30.8%24.1%34.5%
Efficiency
Days sales outstanding1.10.50.42.52.92.62.52.32.8
Days of inventory on hand79.876.978.877.266.464.064.372.290.5
Days payables outstanding36.131.329.933.835.630.318.717.218.5
Cash conversion cycle (days)44.746.049.345.933.736.348.157.274.8
Receivables turnover347.37785.58941.52144.77124.94139.05148.27160.61129.45
Payables turnover10.1011.6412.1910.7910.2512.0519.5321.1719.69
Inventory turnover4.584.754.634.735.505.705.675.064.03
Asset turnover2.252.292.292.332.081.522.182.822.46
Average receivables$2.9M$1.4M$1.2M$8.9M$10.2M$7.0M$7.0M$5.7M$6.2M
Average payables$64.6M$59.3M$61.2M$76.8M$74.2M$53.4M$32.8M$27.7M$25.7M
Average inventory$142.5M$145.3M$161.1M$175.3M$138.2M$112.8M$113.0M$115.9M$125.5M
Intangibles / total assets2.1%1.7%1.8%1.6%1.5%1.3%1.3%2.8%2.8%

Computed from CURV's annual financial statements (latest annual report filed March 31, 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.

CURV valuation and financial ratios

Torrid earned a return on invested capital of 7.8% in fiscal 2026. It ended the year with $438.2 million of debt and $20.0 million in cash and short-term investments, net debt of $418.2 million. It returned $20.1 million to shareholders: $0 in dividends and $20.1 million in share buybacks. The share count fell 7.8% from 110.0M to 101.4M over 8 years.

See the CURV income statement, the CURV chart for price history, or the CURV stock overview for the latest quote and news.

CURV key metrics FAQ

What is Torrid's EV/EBITDA?

Torrid's enterprise value was 5.8 times EBITDA at the end of fiscal 2026 (enterprise value $534.9 million, EBITDA $91.7 million); the current EV/EBITDA is 8.3.

What is Torrid's ROIC?

Torrid's return on invested capital was 7.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Torrid have?

Torrid had total debt of $438.2 million at the end of fiscal 2026 and $418.2 million of net debt (4.56 times EBITDA).

Does Torrid buy back its shares?

Yes. Torrid spent $20.1 million on net share repurchases in fiscal 2026 Shares outstanding changed −4.0% over the year, to 101.4M..

What is Torrid's free cash flow yield?

Torrid generated -$21.9 million of free cash flow in fiscal 2026, a free cash flow yield of −18.7% on its market value at year-end ($116.7 million).

What is Torrid's current ratio?

Torrid's current ratio was 0.78 at the end of fiscal 2026: current assets were 0.78 times current liabilities.

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