National Vision Holdings, Inc.

National Vision Holdings, Inc.

EYE
National Vision Holdings, Inc.US flagNASDAQ Global Select
20.01
USD
-0.03
- -
1.60BMarket Cap
National Vision Holdings, Inc.
EYE
(NASDAQ Global Select)

Recent

price

20.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
14.7
16.55
22.96
20.25
21.94
21.25
25.42
20.6
22.43
23.2
25.12
25.48
Revenue per Share
0.05
0.18
0.72
0.31
0.42
0.45
1.57
0.53
-0.84
-0.36
0.37
0.59
Basic EPS, GAAP
0.08
0.1
-0.05
0.03
0.81
1.96
2
0.07
0.74
0.49
0.93
1.33
Free Cash Flow per Basic Share
2.02
- -
2.85
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.32
-0.11
0.55
1
1.37
1.78
3.41
4.03
3.26
2.89
3.24
3.63
Book Value per Share
-10.27
-9.87
-7.54
-4.47
-3.8
-2
-1.64
-1.9
-1.9
-1.66
-1
-0.64
Tangible Book Value per Share
72
72
60
76
79
81
82
80
78
79
79
79
Basic Weighted Avg Shares
1,063
1,196
1,375
1,537
1,724
1,712
2,080
1,645
1,756
1,823
1,987
2,021
Sales/Revenue/Turnover
4.93
5.95
5.48
3.9
4.78
6.37
8.63
3.54
1.55
1.62
3.06
3.93
Operating Margin (%)
44
53
62
74
87
92
102
106
101
99
100
101
Depreciation Expense
4
13
43
24
33
36
128
42
-66
-28
30
47
Net Income, GAAP
32.83
46.58
- -
- -
- -
6.21
14.12
29.72
62.88
- -
28.98
25.46
Effective Tax Rate (%)
0.34
1.12
3.14
1.54
1.9
2.12
6.17
2.56
-3.75
-1.56
1.49
2.31
Profit Margin (%)
-41
-52
-49
3
-39
238
171
130
-1
-218
-187
-158
Working Capital
741
738
562
571
888
979
908
921
828
615
588
584
LT Debt
386
402
655
743
776
907
926
901
829
816
870
898
Total Equity
- -
3.33
- -
- -
- -
5.56
8.01
2.15
0.55
- -
2.7
3.66
Return on Invested Capital (%)
- -
4.68
- -
- -
- -
7.27
12.33
3.29
-4.84
- -
4.19
5.73
Return on Capital (%)
- -
- -
- -
43.59
35.74
28.83
60.64
14.03
-22.85
-11.81
12.24
17.62
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
119
107
108
LT Borrowings
237
223
225
LT Finance Leases
338
364
359
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
80
Market Capitalization
2,305
2,043
2,055

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
220
226
261
Cash, Cash Equivalents & STI
56
39
68
Accounts Receivable, Net
46
43
44
Inventories
88
89
108
Total Current Liabilities
417
412
418
Payables & Accruals
186
135
194
ST Debt
119
107
108
Deferred Revenue
111
117
117

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.81%
-0.71%
6.52%
Free Cash Flow
364.55%
179.16%
92.57%
Net Income, GAAP
16.56%
-66.14%
-203.86%
Sales/Revenue/Turnover
7.09%
4.03%
9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
483
452
452
437
1,823
2025
510
486
487
503
1,987
2026
544
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
-0.04
-0.11
-0.36
-0.36
2025
0.18
0.11
0.04
0.04
0.37
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
National Vision Holdings, Inc. (EYE) operates as one of the largest optical retail companies in the United States, providing affordable eyeglasses, contact lenses, sunglasses, optical accessories, and comprehensive eye care services including eye exams through its owned and host retail locations. The company conducts its primary operations through four key retail brands: America's Best Contacts & Eyeglasses, which offers bundled eyewear and eye exam packages at low prices across over 1,000 stores; Eyeglass World, providing eyeglasses, contact lenses, sunglasses, and protective eyewear at more than 100 locations; Vista Optical, delivering optical products and services in select Fred Meyer stores and on military bases; and Discount Contacts, supporting online contact lens sales. It serves value-seeking consumers in the owned & host segment, alongside legacy operations managing inventory and lab services for affiliated vision centers. Founded in 1990 and headquartered in Duluth, Georgia, National Vision maintains over 1,200 stores across 38 states and Puerto Rico, with centralized labs in locations such as St. Cloud, Minnesota; Plano, Texas; and Salt Lake City, Utah to support frame processing, lens fabrication, and distribution. The company targets budget-conscious customers requiring vision correction, offering products from major brands alongside proprietary options like single-vision, bifocal, progressive lenses, daily disposables, and specialty contacts for astigmatism or presbyopia. In recent developments, National Vision concluded its 34-year partnership with Walmart in 2024, enabling a strategic focus on its core growth brands America's Best and Eyeglass World while streamlining operations. The company launched Nuance Audio glasses and Ray-Ban Meta smart glasses in select stores during 2025, expanding into AI-enhanced eyewear and audio-integrated products available initially in approximately 50 America's Best and Eyeglass World locations. It unveiled a bold new brand identity in August 2025, beginning with visual updates to America's Best as part of a broader strategic transformation, alongside appointing a new chief financial officer in early 2025 and continuing investments in AI diagnostic tools through Toku, Inc.

Company News

APIChatGPT
  • Rise Nano Optics Announces Strategic Partnership with SportifEye Optics to Produce and Commercialize SpectraGuard(TM) Lenses in the United States

  • Why Is National Vision (EYE) Up 3% Since Last Earnings Report?

  • National Vision and Smart Glasses: Early Investing Signals

  • EYE Stock: Valuation, Price Target, and Key Upside Drivers

  • National Vision Holdings Inc (EYE) Shares Surge 4.9% -- What GF Score of 74 Tells Investors

  • Why National Vision (EYE) is a Top Value Stock for the Long-Term

  • National Vision, Inc. Announces Participation in William Blair 46th Annual Growth Stock Conference

  • EYE Q1 Earnings & Revenues Beat Estimates, Operating Margin Expands

  • National Vision Holdings, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

  • National Vision (EYE) Hits 52-Week Low Amid Mixed Q1 Results

  • National Vision Holdings, Inc. (EYE) Q1 2026 Earnings Call Transcript

  • National Vision Q1 Earnings Call Highlights

  • National Vision (EYE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

  • National Vision (EYE) Q1 Earnings and Revenues Top Estimates

  • National Vision Holdings, Inc. Reports First Quarter 2026 Financial Results

  • National Vision (EYE) is a Top-Ranked Value Stock: Should You Buy?

  • National Vision (EYE) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

  • EYE or LRLCY: Which Is the Better Value Stock Right Now?

  • National Vision Holdings, Inc. Announces First Quarter 2026 Earnings Release and Conference Call

  • National Vision (EYE) is a Top-Ranked Momentum Stock: Should You Buy?