Smith & Wesson Brands, Inc. (SWBI) Key Metrics
SWBI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $634.0M
- Enterprise value
- $674.6M
- P/E (TTM)
- 26.2 10-yr median 19.8
- Forward P/E
- 11.8
- PEG ratio
- 0.84
- Price / sales
- 1.1 10-yr median 0.9
- Price / book
- 1.7 10-yr median 1.6
- EV / EBITDA
- 9.4 10-yr median 7.4
- Dividend yield
- 3.68% $0.52 a year
- Beta
- 0.82
SWBI key metrics, FY2017–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsSWBI valuation Price multiples at each fiscal year-end price.
SWBI returns How much profit the business earns on the capital it uses.
SWBI per-share figures Results divided by the shares outstanding at year-end.
SWBI financial health Debt, liquidity and how easily interest is covered.
SWBI efficiency & capital use Working capital cycle and where the cash goes.
SWBI valuation history
SWBI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SWBI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SWBI cash returned to shareholders
SWBI price vs earnings per share
SWBI key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $703.4M | $423.1M | $784.8M | $555.0M | $655.3M | $963.1M | $399.7M | $417.7M | $463.3M | $967.9M |
| Enterprise value | $723.2M | $512.6M | $801.8M | $565.9M | $574.9M | $891.3M | $477.0M | $578.5M | $623.6M | $1.12B |
| P/E ratio | 38.1 | 31.5 | 19.8 | 15.0 | 3.4 | 3.8 | — | 22.7 | 23.0 | 7.6 |
| Price / sales | 1.3 | 0.9 | 1.5 | 1.2 | 0.8 | 0.9 | 0.6 | 0.7 | 0.8 | 1.1 |
| Price / book | 1.9 | 1.1 | 2.0 | 1.4 | 1.8 | 3.6 | 1.0 | 0.9 | 1.1 | 2.5 |
| Price / free cash flow | 7.8 | — | 49.7 | — | 5.8 | 3.3 | 5.0 | 18.2 | 10.9 | 11.0 |
| Price / operating cash flow | 6.2 | — | 7.4 | 33.2 | 4.8 | 3.1 | 4.2 | 7.3 | 7.5 | 7.8 |
| EV / sales | 1.4 | 1.1 | 1.5 | 1.2 | 0.7 | 0.8 | 0.7 | 0.9 | 1.0 | 1.2 |
| EV / EBITDA | 11.8 | 9.2 | 9.5 | 7.0 | 2.0 | 2.5 | 5.8 | 8.0 | 7.8 | 4.5 |
| EV / free cash flow | 8.0 | — | 50.8 | — | 5.1 | 3.0 | 5.9 | 25.2 | 14.6 | 12.8 |
| Earnings yield | 2.6% | 3.2% | 5.0% | 6.6% | 29.7% | 26.2% | −15.3% | 4.4% | 4.3% | 13.2% |
| Free cash flow yield | 12.8% | −6.9% | 2.0% | −13.2% | 17.3% | 30.4% | 20.1% | 5.5% | 9.2% | 9.1% |
| Dividend yield | 3.3% | 5.5% | 2.8% | 3.3% | 2.3% | 0.9% | 0.4% | 0.4% | 1.8% | — |
| Shareholder yield (dividends + buybacks) | 3.3% | 11.5% | 4.1% | 3.3% | 16.0% | 12.3% | 0.5% | 0.5% | 2.3% | 5.2% |
| Share price at fiscal year-end | $15.54 | $9.53 | $16.97 | $12.02 | $13.73 | $17.40 | $7.27 | $7.57 | $8.45 | $17.01 |
| Per share | ||||||||||
| Revenue per share | $11.57 | $10.69 | $11.59 | $10.38 | $18.11 | $19.14 | $12.34 | $11.56 | $11.07 | $15.88 |
| Earnings per share | $0.41 | $0.30 | $0.86 | $0.80 | $4.08 | $4.55 | −$1.11 | $0.33 | $0.37 | $2.25 |
| Operating cash flow per share | $2.52 | −$0.16 | $2.31 | $0.36 | $2.89 | $5.70 | $1.73 | $1.04 | $1.12 | $2.17 |
| Free cash flow per share | $2.00 | −$0.65 | $0.34 | −$1.58 | $2.38 | $5.29 | $1.46 | $0.42 | $0.78 | $1.55 |
| Cash per share | $0.74 | $0.57 | $1.32 | $1.16 | $2.53 | $2.04 | $2.28 | $0.74 | $0.89 | $1.08 |
| Book value per share | $8.32 | $8.39 | $8.65 | $8.33 | $7.55 | $4.81 | $7.04 | $8.05 | $7.70 | $6.91 |
| Tangible book value per share | $7.86 | $7.91 | $8.18 | $7.84 | $7.08 | $4.39 | $4.18 | $3.08 | $2.15 | $1.46 |
| Dividends per share | $0.51 | $0.52 | $0.48 | $0.40 | $0.32 | $0.15 | $0.03 | $0.03 | $0.15 | — |
| Capex per share | $0.53 | $0.49 | $1.97 | $1.95 | $0.51 | $0.41 | $0.27 | $0.62 | $0.35 | $0.62 |
| Debt per share | $1.17 | $2.58 | $1.68 | $1.40 | $0.84 | $0.74 | $3.69 | $3.66 | $3.81 | $3.83 |
| Shares outstanding | 45.3M | 44.4M | 46.2M | 46.2M | 47.7M | 55.4M | 55.0M | 55.2M | 54.8M | 56.9M |
| Change in shares outstanding | +1.9% | −4.0% | +0.2% | −3.3% | −13.8% | +0.7% | −0.4% | +0.7% | −3.6% | +1.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.9% | 3.5% | 10.1% | 9.9% | 62.0% | 77.1% | −14.7% | 4.2% | 4.9% | 36.5% |
| Return on invested capital (ROIC) | 5.0% | 3.8% | 8.8% | 11.0% | 81.7% | 74.3% | 7.4% | 4.1% | 4.8% | 31.8% |
| Return on assets (ROA) | 3.4% | 2.4% | 7.1% | 7.1% | 41.2% | 42.9% | −8.2% | 2.4% | 2.6% | 18.2% |
| Return on tangible assets | 3.8% | 2.5% | 7.1% | 7.1% | 41.0% | 59.6% | −10.7% | 3.7% | 4.6% | 26.8% |
| Free cash flow margin | 17.2% | −6.1% | 2.9% | −15.3% | 13.1% | 27.6% | 11.8% | 3.6% | 7.0% | 9.8% |
| Income quality (OCF / net income) | 6.18 | −0.54 | 2.69 | 0.45 | 0.71 | 1.25 | — | 3.12 | 3.06 | 0.97 |
| Financial health | ||||||||||
| Total debt | $53.1M | $114.7M | $77.8M | $64.5M | $40.3M | $41.2M | $202.7M | $201.8M | $209.2M | $218.0M |
| Cash & short-term investments | $33.4M | $25.2M | $60.8M | $53.6M | $120.7M | $113.0M | $125.4M | $41.0M | $48.9M | $61.5M |
| Net debt | $19.8M | $89.5M | $17.0M | $10.9M | −$80.4M | −$71.8M | $77.3M | $160.8M | $160.3M | $156.4M |
| Debt / equity | 0.14 | 0.31 | 0.19 | 0.17 | 0.11 | 0.15 | 0.52 | 0.45 | 0.50 | 0.55 |
| Debt / assets | 0.10 | 0.21 | 0.13 | 0.12 | 0.08 | 0.09 | 0.28 | 0.26 | 0.28 | 0.28 |
| Net debt / EBITDA | 0.32 | 1.61 | 0.20 | 0.13 | −0.29 | −0.21 | 0.95 | 2.23 | 2.01 | 0.63 |
| Current ratio | 3.20 | 4.16 | 3.05 | 3.35 | 3.68 | 2.13 | 3.05 | 2.68 | 2.69 | 2.11 |
| Quick ratio | 1.13 | 1.31 | 1.35 | 1.32 | 2.15 | 1.51 | 1.78 | 1.21 | 1.16 | 1.23 |
| Interest coverage | 6.1 | 5.2 | 21.8 | 146.2 | 117.9 | 81.6 | 4.3 | 3.9 | 2.4 | 23.3 |
| Working capital | $166.0M | $210.6M | $193.5M | $204.7M | $238.6M | $142.6M | $265.9M | $187.4M | $169.7M | $167.2M |
| Invested capital | $396.3M | $462.0M | $416.9M | $395.5M | $280.1M | $194.5M | $464.4M | $605.2M | $582.5M | $549.6M |
| Tangible asset value | $355.6M | $351.0M | $378.3M | $362.0M | $337.9M | $242.9M | $229.8M | $170.3M | $118.1M | $82.8M |
| Net current asset value | $105.2M | $90.1M | $110.4M | $135.2M | $190.6M | $88.2M | $54.0M | −$23.7M | −$52.5M | −$76.4M |
| Graham number | $8.74 | $7.55 | $12.91 | $12.24 | $26.32 | $22.21 | — | $7.77 | $7.97 | $18.69 |
| Graham net-net per share | $0.19 | −$0.56 | $0.20 | $0.60 | $2.11 | $0.42 | −$1.15 | −$2.43 | −$2.76 | −$3.13 |
| Capital allocation | ||||||||||
| Dividends paid | $23.2M | $23.1M | $22.0M | $18.3M | $15.0M | $8.2M | $1.5M | $1.6M | $8.2M | — |
| Share buybacks (net) | $0 | $25.5M | $10.2M | $0 | $90.0M | $110.0M | $597,000 | $649,000 | $2.3M | $50.1M |
| Dividend payout ratio | 125.7% | 172.0% | 55.6% | 49.7% | 7.7% | 3.3% | — | 8.5% | 40.9% | — |
| Dividends + buybacks / free cash flow | 25.7% | — | 204.1% | — | 92.5% | 40.4% | 2.7% | 9.7% | 24.7% | 56.8% |
| Capex / revenue | 4.6% | 4.6% | 17.0% | 18.8% | 2.8% | 2.1% | 2.2% | 5.4% | 3.1% | 3.9% |
| Capex / operating cash flow | 20.9% | — | 85.2% | 537.3% | 17.6% | 7.2% | 15.5% | 60.0% | 30.9% | 28.7% |
| Capex / depreciation | 0.76 | 0.68 | 2.79 | 2.86 | 0.81 | 0.72 | 0.27 | 0.64 | 0.37 | 0.71 |
| Stock-based compensation / revenue | 1.6% | 1.6% | 1.1% | 1.1% | 0.5% | 0.4% | 0.3% | 1.3% | 1.3% | 1.0% |
| R&D / revenue | 2.0% | 2.0% | 1.4% | 1.6% | 0.8% | 0.7% | 1.8% | 2.0% | 1.9% | 1.1% |
| SG&A / revenue | 19.4% | 11.6% | 19.8% | 20.6% | 13.4% | 11.5% | 25.4% | 25.8% | 25.9% | 18.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 35.0 | 45.0 | 40.0 | 46.1 | 28.1 | 28.2 | 49.1 | 42.5 | 54.2 | 36.2 |
| Days of inventory on hand | 165.0 | 184.0 | 163.1 | 176.4 | 80.2 | 72.6 | 134.9 | 140.5 | 126.5 | 72.4 |
| Days payables outstanding | 29.3 | 36.1 | 38.0 | 37.6 | 32.6 | 28.9 | 30.8 | 30.6 | 38.7 | 34.2 |
| Cash conversion cycle (days) | 170.8 | 192.9 | 165.1 | 184.9 | 75.7 | 71.9 | 153.2 | 152.3 | 142.1 | 74.4 |
| Receivables turnover | 10.42 | 8.12 | 9.13 | 7.92 | 13.00 | 12.97 | 7.44 | 8.59 | 6.73 | 10.09 |
| Payables turnover | 12.46 | 10.11 | 9.61 | 9.72 | 11.21 | 12.64 | 11.87 | 11.91 | 9.44 | 10.67 |
| Inventory turnover | 2.21 | 1.98 | 2.24 | 2.07 | 4.55 | 5.03 | 2.71 | 2.60 | 2.88 | 5.04 |
| Asset turnover | 0.98 | 0.83 | 0.96 | 0.92 | 1.83 | 1.80 | 0.91 | 0.84 | 0.79 | 1.28 |
| Average receivables | $50.3M | $58.5M | $58.7M | $60.5M | $66.5M | $81.7M | $91.2M | $74.3M | $90.2M | $89.5M |
| Average payables | $30.7M | $34.4M | $39.3M | $33.4M | $43.7M | $48.3M | $37.4M | $34.6M | $43.5M | $49.5M |
| Average inventory | $173.0M | $175.2M | $168.8M | $156.9M | $107.6M | $121.3M | $164.0M | $158.6M | $142.5M | $104.7M |
| Intangibles / total assets | 4.1% | 3.8% | 3.7% | 4.2% | 4.5% | 5.3% | 21.6% | 35.7% | 40.8% | 39.4% |
Computed from SWBI's annual financial statements (latest annual report filed June 17, 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.
SWBI valuation and financial ratios
At the end of fiscal 2026 (April 30, 2026), Smith & Wesson Brands traded at 38.1 times earnings, against a 10-year median of 19.8. Based on the latest twelve months, the trailing P/E is 26.2 and the forward P/E is 11.8. Smith & Wesson Brands earned a return on equity of 4.9% and a return on invested capital of 5.0% in fiscal 2026. It ended the year with $53.1 million of debt and $33.4 million in cash and short-term investments, net debt of $19.8 million. It returned $23.2 million to shareholders: $23.2 million in dividends and $0 in share buybacks, 26% of free cash flow. The share count fell 20.4% from 56.9M to 45.3M over 9 years.
See the SWBI income statement, the SWBI chart for price history, or the SWBI stock overview for the latest quote and news.
SWBI key metrics FAQ
What is Smith & Wesson Brands's P/E ratio?
Smith & Wesson Brands's trailing P/E ratio is 26.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.8. At the end of fiscal 2026 it was 38.1, compared with a 10-year median of 19.8.
What is Smith & Wesson Brands's EV/EBITDA?
Smith & Wesson Brands's enterprise value was 11.8 times EBITDA at the end of fiscal 2026 (enterprise value $723.2 million, EBITDA $61.2 million); the current EV/EBITDA is 9.4.
What is Smith & Wesson Brands's return on equity?
Smith & Wesson Brands's return on equity (ROE) was 4.9% in fiscal 2026: net income of $18.5 million on average shareholders' equity of $374.5 million.
What is Smith & Wesson Brands's ROIC?
Smith & Wesson Brands's return on invested capital was 5.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Smith & Wesson Brands have?
Smith & Wesson Brands had total debt of $53.1 million at the end of fiscal 2026, a debt-to-equity ratio of 0.14 and $19.8 million of net debt (0.32 times EBITDA).
What is Smith & Wesson Brands's dividend yield?
Smith & Wesson Brands's forward dividend yield is 3.68%. Smith & Wesson Brands paid $23.2 million in dividends in fiscal 2026 ($0.51 per share), a payout ratio of 125.7%.
What is Smith & Wesson Brands's free cash flow yield?
Smith & Wesson Brands generated $90.4 million of free cash flow in fiscal 2026, a free cash flow yield of 12.8% on its market value at year-end ($703.4 million).
What is Smith & Wesson Brands's current ratio?
Smith & Wesson Brands's current ratio was 3.20 at the end of fiscal 2026: current assets were 3.20 times current liabilities.