profit from every $100 of sales.
$0$100
National Vision Holdings
$18.97+5.98% today
-21.4% in 1 year
1-year low $15.441-year high $29.46
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $50.67 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What National Vision Holdings sold, what it kept, and what it did with the cash.
Sales went from $1.64 billion in 2022 to $1.99 billion in 2025, with $29.6 million of profit last year.
SalesProfit
National Vision Holdings handed back 4% of the cash it generated last year.
Buybacks $3M
Free cash flow 2025$73M
Bought back its own shares$3M
Paid as dividends–
Cash vs. debt$39M vs. $695M
National Vision Holdings vs. similar companies
National Vision Holdings grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| National Vision Holdings | 50.7× · Expensive | ||
 Alimentation Couche-Tard | 17.3× · Fair price | ||
 Williams-Sonoma | 28.3× · Fair price | ||
 Coupang | 141.5× · Very expensive | ||
 Ulta Beauty | 24.7× · Fair price |
AI analysis
An AI analyst reads National Vision Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,645 | 1,756 | 1,823 | 1,987 | |
| 977 | 1,022 | 1,059 | 1,168 | |
| 58 | 27 | 29 | 61 | |
| 159 | 125 | 90 | 159 | |
| 42 | -66 | -28 | 30 | |
| 0.52 | -0.84 | -0.36 | 0.37 | |
| 59.4% | 58.2% | 58.1% | 58.8% | |
| 3.5% | 1.5% | 1.6% | 3.1% | |
| 2.6% | -3.8% | -1.6% | 1.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,291 | 2,173 | 2,008 | 1,984 |
| Cash | 229 | 150 | 74 | 39 |
| Total debt | 1,003 | 923 | 816 | 695 |
| Total liabilities | 1,390 | 1,343 | 1,191 | 1,114 |
| 901 | 829 | 816 | 870 | |
| 80 | 78 | 79 | 81 | |
| 2.2% | 1.1% | -0.5% | 3.0% | |
| 4.7% | -7.9% | -3.5% | 3.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 119 | 173 | 134 | 146 | |
| 114 | 115 | 96 | 73 | |
| 6 | 58 | 38 | 73 | |
| Dividends paid | – | – | – | – |
| 84 | 28 | 3 | 3 | |
| 14 | 20 | 17 | 24 |
Valuation
- 50.7×
- 19.2×
- –
- 1.5×
- 0.8×
- 20.4×
- 13.6×
- 4.9%
- 2.0%
- 0.0%
Profitability
- 58.8%
- 3.1%
- 1.5%
- 8.4%
- 3.4%
- 1.1%
- 5.4%
- 2.3%
- 4.9%
- –
Growth
- +6.5%
- −10.7%
- +92.6%
- –
- −0.8%
Financial health
- 3.7×
- 0.77
- 34.3%
- 5.1×
- 0.62
- 0.37
- 1.00
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 20%of 976
Bottom 18%of 991
Bottom 14%of 850
Bottom 45%of 991
Top 48%of 979
What analysts expect
- Average price target
- $35.20
- Range
- $30.00 – $40.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | 0.45 | 0.43 | +4.7% |
| Mar 4, 2026 | 0.15 | 0.06 | +148.8% |
| Nov 5, 2025 | 0.13 | 0.12 | +8.3% |
| Aug 6, 2025 | 0.18 | 0.13 | +38.5% |
| May 7, 2025 | 0.34 | 0.29 | +17.2% |
| Feb 26, 2025 | -0.04 | -0.07 | +42.9% |
| Nov 6, 2024 | 0.12 | 0.05 | +140.0% |
| Aug 7, 2024 | 0.15 | 0.06 | +150.0% |
News
National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 20263 US Defense Stocks Worth Watching As Nvidia Questions Hit National SecurityYahoo Finance · Nov 9, 2026Democrats eye scrutiny of Trump, Big Tech with new subpoena power after midterm winsSeeking Alpha · Nov 4, 2026If I Could Only Buy and Hold 1 Dividend Stock Heading Into the Eye of a Stock Market Storm, This Would Be ItYahoo Finance · Oct 31, 2026US stocks eye big tech earnings as Fed holds rates steadyYahoo Finance · Oct 28, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
30No pass
Philip Fisher
30No pass
Peter Lynch
23No pass
Joel Greenblatt
5No pass
Charlie Munger
24No pass
Terry Smith
30No pass
Questions about National Vision Holdings
Is National Vision Holdings a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the National Vision Holdings AI analysis
What does National Vision Holdings do?
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It is in Specialty Retail.
Does National Vision Holdings pay a dividend?
No. National Vision Holdings does not pay a dividend at the moment; in 2025 it returned $3.21 million to shareholders by buying back its own shares.
Is National Vision Holdings stock halal?
No. National Vision Holdings does not pass our halal screen: its debt is 46% of its market value, at or above the 33% limit. How we check
How has National Vision Holdings stock done over the past year?
Down 21.4% over the past twelve months, to $18.97. It traded between $15.44 and $29.46 and is 35.6% below its high.
Who are National Vision Holdings's competitors?
The largest listed companies in the same industry are Alimentation Couche-Tard, Williams-Sonoma, Coupang and Ulta Beauty. The peers table on this page compares their profit, growth and price with National Vision Holdings's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.