Tilly's, Inc. (TLYS) Key Metrics
TLYS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $140.7M
- Enterprise value
- $233.5M
- P/E (TTM)
- 76.7 10-yr median 20.1
- Forward P/E
- 18.8
- PEG ratio
- 0.88
- Price / sales
- 0.2 10-yr median 0.5
- Price / book
- 1.5 10-yr median 1.6
- EV / EBITDA
- 23.0 10-yr median 6.7
- Dividend yield
- —
- Beta
- 0.04
TLYS key metrics, FY2017–FY2026
Fiscal year ended February 28, 2026 · U.S. dollarsTLYS valuation Price multiples at each fiscal year-end price.
Price / sales−60.7%
0.1
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / book−54.8%
0.5
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow yield+42.7 pts
−1.4%
FY2026 · hover or tap a bar for each year
FY2017FY2026
TLYS returns How much profit the business earns on the capital it uses.
Return on equity+18.9 pts
−18.8%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on invested capital+8.2 pts
−6.7%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on assets+6.6 pts
−5.3%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow margin+8.7 pts
−0.1%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Asset turnover+14.9%
1.69
FY2026 · hover or tap a bar for each year
FY2017FY2026
TLYS per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−3.5%
$18.29
FY2026 · hover or tap a bar for each year
FY2017FY2026
Earnings per share
−$0.58
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow per share
−$0.02
FY2026 · hover or tap a bar for each year
FY2017FY2026
Book value per share−16.2%
$2.81
FY2026 · hover or tap a bar for each year
FY2017FY2026
Shares outstanding+0.8%
30.3M
FY2026 · hover or tap a bar for each year
FY2017FY2026
TLYS financial health Debt, liquidity and how easily interest is covered.
Debt / equity+4.2%
2.00
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt−$23.0M
$124.1M
FY2026 · hover or tap a bar for each year
FY2017FY2026
Current ratio−5.1%
1.25
FY2026 · hover or tap a bar for each year
FY2017FY2026
Debt / assets−3.1%
0.55
FY2026 · hover or tap a bar for each year
FY2017FY2026
TLYS efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding0 days
3 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days of inventory+4 days
61 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days payables outstanding+4 days
15 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion cycle0 days
49 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Capex / revenue−0.6 pts
0.8%
FY2026 · hover or tap a bar for each year
FY2017FY2026
TLYS valuation history
Fiscal year-endToday10-year median
TLYS returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TLYS debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TLYS cash returned to shareholders
DividendsBuybacksFree cash flow
TLYS price vs earnings per share
Share price at year-endEPS (right axis)
TLYS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $43.6M | $114.1M | $229.5M | $263.2M | $395.2M | $306.5M | $193.6M | $361.1M | $379.4M | $314.7M |
| Enterprise value | $167.7M | $261.3M | $366.1M | $582.2M | $695.9M | $642.4M | $590.5M | $220.4M | $246.0M | $181.6M |
| P/E ratio | — | — | — | 27.2 | 6.2 | — | 8.6 | 14.5 | 25.8 | 27.6 |
| Price / sales | 0.1 | 0.2 | 0.4 | 0.4 | 0.5 | 0.6 | 0.3 | 0.6 | 0.7 | 0.6 |
| Price / book | 0.5 | 1.1 | 1.6 | 1.5 | 2.3 | 1.9 | 1.2 | 2.2 | 2.4 | 1.7 |
| Price / free cash flow | — | — | — | — | 7.9 | 10.1 | 8.7 | 11.3 | 20.0 | 10.0 |
| Price / operating cash flow | 10.6 | — | — | — | 6.2 | 7.9 | 5.3 | 7.7 | 11.6 | 6.5 |
| EV / sales | 0.3 | 0.5 | 0.6 | 0.9 | 0.9 | 1.2 | 1.0 | 0.4 | 0.4 | 0.3 |
| EV / EBITDA | — | — | — | 23.0 | 6.7 | 40.1 | 12.0 | 4.1 | 5.2 | 4.3 |
| EV / free cash flow | — | — | — | — | 13.9 | 21.1 | 26.7 | 6.9 | 13.0 | 5.8 |
| Earnings yield | −40.0% | −40.5% | −15.0% | 3.7% | 16.3% | −0.4% | 11.7% | 6.9% | 3.9% | 3.6% |
| Free cash flow yield | −1.4% | −44.0% | −9.0% | −6.3% | 12.6% | 9.9% | 11.4% | 8.8% | 5.0% | 10.0% |
| Dividend yield | — | — | 0.0% | 11.7% | 15.6% | 9.7% | 15.2% | 8.0% | 5.3% | 9.4% |
| Shareholder yield (dividends + buybacks) | — | 0.0% | 0.0% | 15.9% | 15.6% | 9.7% | 15.2% | 8.1% | 5.3% | 9.4% |
| Share price at fiscal year-end | $1.44 | $3.80 | $7.69 | $8.68 | $12.70 | $10.32 | $6.50 | $12.13 | $13.05 | $11.03 |
| Per share | ||||||||||
| Revenue per share | $18.29 | $18.96 | $20.88 | $22.17 | $24.93 | $17.89 | $20.79 | $20.10 | $19.84 | $19.94 |
| Earnings per share | −$0.58 | −$1.54 | −$1.16 | $0.32 | $2.06 | −$0.04 | $0.76 | $0.84 | $0.51 | $0.40 |
| Operating cash flow per share | $0.14 | −$1.40 | −$0.23 | −$0.05 | $2.04 | $1.31 | $1.22 | $1.57 | $1.12 | $1.70 |
| Free cash flow per share | −$0.02 | −$1.67 | −$0.69 | −$0.55 | $1.61 | $1.02 | $0.74 | $1.07 | $0.65 | $1.10 |
| Cash per share | $1.53 | $1.56 | $3.18 | $3.74 | $4.47 | $4.75 | $4.70 | $4.84 | $4.68 | $4.69 |
| Book value per share | $2.81 | $3.36 | $4.85 | $5.84 | $5.61 | $5.41 | $5.37 | $5.49 | $5.52 | $6.63 |
| Tangible book value per share | $2.81 | $3.36 | $4.85 | $5.84 | $5.61 | $5.41 | $5.37 | $5.49 | $5.52 | $6.63 |
| Dividends per share | — | — | $0.00 | $1.02 | $1.98 | $1.00 | $0.99 | $0.98 | $0.69 | $1.03 |
| Capex per share | $0.15 | $0.27 | $0.47 | $0.50 | $0.43 | $0.29 | $0.48 | $0.50 | $0.47 | $0.60 |
| Debt per share | $5.63 | $6.46 | $7.76 | $14.26 | $14.14 | $16.07 | $18.02 | $0.11 | $0.09 | $0.03 |
| Shares outstanding | 30.3M | 30.0M | 29.8M | 30.3M | 31.1M | 29.7M | 29.8M | 29.8M | 29.1M | 28.5M |
| Change in shares outstanding | +0.8% | +0.6% | −1.6% | −2.6% | +4.8% | −0.3% | +0.1% | +2.4% | +1.9% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −18.8% | −37.6% | −21.4% | 5.5% | 38.3% | −0.7% | 14.0% | 15.4% | 8.4% | 6.3% |
| Return on invested capital (ROIC) | −6.7% | −14.9% | −5.6% | 1.8% | 13.3% | −0.5% | 7.1% | 93.6% | 33.6% | 17.1% |
| Return on assets (ROA) | −5.3% | −12.0% | −7.6% | 2.0% | 12.7% | −0.2% | 5.4% | 8.6% | 5.1% | 4.1% |
| Return on tangible assets | −5.6% | −13.5% | −8.0% | 2.0% | 12.7% | −0.2% | 4.1% | 8.5% | 5.1% | 3.9% |
| Free cash flow margin | −0.1% | −8.8% | −3.3% | −2.5% | 6.4% | 5.7% | 3.6% | 5.3% | 3.3% | 5.5% |
| Income quality (OCF / net income) | — | — | — | −0.15 | 0.99 | — | 1.61 | 1.87 | 2.23 | 4.25 |
| Financial health | ||||||||||
| Total debt | $170.5M | $193.9M | $231.6M | $432.3M | $440.0M | $477.1M | $536.8M | $3.4M | $2.5M | $835,000 |
| Cash & short-term investments | $46.3M | $46.7M | $95.0M | $113.3M | $139.2M | $141.1M | $139.9M | $144.1M | $136.0M | $133.9M |
| Net debt | $124.1M | $147.2M | $136.5M | $319.0M | $300.7M | $335.9M | $396.9M | −$140.7M | −$133.4M | −$133.1M |
| Debt / equity | 2.00 | 1.92 | 1.60 | 2.44 | 2.52 | 2.97 | 3.36 | 0.02 | 0.02 | 0.00 |
| Debt / assets | 0.55 | 0.57 | 0.54 | 0.91 | 0.87 | 0.94 | 0.98 | 0.01 | 0.01 | 0.00 |
| Net debt / EBITDA | — | — | — | 12.60 | 2.88 | 20.98 | 8.03 | −2.61 | −2.82 | −3.12 |
| Current ratio | 1.25 | 1.32 | 1.68 | 1.88 | 1.67 | 1.59 | 1.44 | 2.23 | 2.12 | 2.99 |
| Quick ratio | 0.63 | 0.62 | 1.08 | 1.30 | 1.19 | 1.17 | 1.05 | 1.66 | 1.57 | 2.25 |
| Interest coverage | — | — | — | 5.8 | 147.5 | -5.2 | 9.8 | — | 19.6 | — |
| Working capital | $25.1M | $31.6M | $71.5M | $94.7M | $91.8M | $78.6M | $63.6M | $119.9M | $107.4M | $129.8M |
| Invested capital | $209.3M | $248.0M | $281.4M | $496.2M | $475.5M | $496.6M | $556.8M | $22.6M | $27.0M | $56.1M |
| Tangible asset value | $85.1M | $100.9M | $144.9M | $177.2M | $174.7M | $160.6M | $159.9M | $163.3M | $160.4M | $189.2M |
| Net current asset value | −$100.4M | −$110.6M | −$108.6M | −$95.9M | −$102.1M | −$132.7M | −$177.9M | $87.3M | $73.4M | $93.9M |
| Graham number | — | — | — | $6.48 | $16.15 | — | $9.58 | $10.17 | $7.92 | $7.73 |
| Graham net-net per share | −$4.75 | −$5.24 | −$5.15 | −$4.86 | −$4.92 | −$5.70 | −$7.14 | $1.57 | $1.24 | $2.09 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $0 | $30.9M | $61.6M | $29.7M | $29.5M | $29.1M | $20.1M | $29.5M |
| Share buybacks (net) | — | $0 | $0 | $10.9M | $0 | $24,000 | $0 | $111,000 | $101,000 | $99,000 |
| Dividend payout ratio | — | — | — | 319.5% | 95.9% | — | 130.2% | 116.5% | 136.6% | 258.1% |
| Dividends + buybacks / free cash flow | — | — | — | — | 123.3% | 97.6% | 133.1% | 91.7% | 106.5% | 93.9% |
| Capex / revenue | 0.8% | 1.4% | 2.2% | 2.2% | 1.7% | 1.6% | 2.3% | 2.5% | 2.4% | 3.0% |
| Capex / operating cash flow | 114.4% | — | — | — | 21.2% | 21.8% | 39.2% | 31.9% | 42.0% | 35.1% |
| Capex / depreciation | 0.44 | 0.64 | 1.09 | 1.07 | 0.80 | 0.44 | 0.68 | 0.66 | 0.59 | 0.73 |
| Stock-based compensation / revenue | 0.3% | 0.4% | 0.4% | 0.3% | 0.2% | 0.4% | 0.3% | 0.4% | 0.4% | 0.5% |
| SG&A / revenue | 33.2% | 35.0% | 31.6% | 28.5% | 24.4% | 27.3% | 25.6% | 25.0% | 26.2% | 26.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 3.4 | 3.2 | 4.4 | 4.3 | 3.6 | 5.6 | 4.0 | 3.2 | 2.6 | 3.0 |
| Days of inventory on hand | 61.4 | 57.5 | 50.0 | 49.7 | 44.4 | 52.8 | 47.5 | 47.6 | 45.9 | 45.2 |
| Days payables outstanding | 15.4 | 11.1 | 12.2 | 17.1 | 19.4 | 21.4 | 18.9 | 20.0 | 17.8 | 15.3 |
| Cash conversion cycle (days) | 49.3 | 49.6 | 42.3 | 36.8 | 28.6 | 37.0 | 32.7 | 30.8 | 30.7 | 32.9 |
| Receivables turnover | 108.68 | 113.43 | 82.05 | 84.32 | 100.55 | 65.56 | 91.30 | 114.72 | 138.33 | 121.23 |
| Payables turnover | 23.70 | 32.76 | 30.03 | 21.29 | 18.79 | 17.09 | 19.33 | 18.23 | 20.49 | 23.83 |
| Inventory turnover | 5.95 | 6.34 | 7.30 | 7.35 | 8.23 | 6.91 | 7.68 | 7.66 | 7.95 | 8.08 |
| Asset turnover | 1.69 | 1.48 | 1.38 | 1.37 | 1.54 | 1.01 | 1.47 | 2.05 | 1.99 | 2.03 |
| Average receivables | $5.1M | $5.0M | $7.6M | $8.0M | $7.7M | $8.1M | $6.8M | $5.2M | $4.2M | $4.7M |
| Average payables | $16.4M | $12.8M | $15.2M | $22.1M | $26.6M | $22.8M | $22.4M | $22.9M | $19.6M | $16.8M |
| Average inventory | $65.4M | $66.2M | $62.6M | $63.9M | $60.7M | $56.3M | $56.4M | $54.5M | $50.5M | $49.6M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from TLYS's annual financial statements (latest annual report filed April 9, 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.
TLYS valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 76.7 and the forward P/E is 18.8. Tilly's earned a return on equity of −18.8% and a return on invested capital of −6.7% in fiscal 2026. It ended the year with $170.5 million of debt and $46.3 million in cash and short-term investments, net debt of $124.1 million. The share count rose 6.1% from 28.5M to 30.3M over 9 years.
See the TLYS income statement, the TLYS chart for price history, or the TLYS stock overview for the latest quote and news.
TLYS key metrics FAQ
What is Tilly's's P/E ratio?
Tilly's's trailing P/E ratio is 76.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 18.8. At the end of fiscal 2026 it was —, compared with a 10-year median of 20.1.
What is Tilly's's return on equity?
Tilly's's return on equity (ROE) was −18.8% in fiscal 2026: net income of -$17.5 million on average shareholders' equity of $93.0 million.
What is Tilly's's ROIC?
Tilly's's return on invested capital was −6.7% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Tilly's have?
Tilly's had total debt of $170.5 million at the end of fiscal 2026, a debt-to-equity ratio of 2.00.
What is Tilly's's free cash flow yield?
Tilly's generated -$0.6 million of free cash flow in fiscal 2026, a free cash flow yield of −1.4% on its market value at year-end ($43.6 million).
What is Tilly's's current ratio?
Tilly's's current ratio was 1.25 at the end of fiscal 2026: current assets were 1.25 times current liabilities.