NASDAQ : URBN
Urban Outfitters, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 92.19 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 7.90B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Urban Outfitters, Inc. (URBN) reported revenue of 6.47B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 6.47B | 6.17B | 5.55B | 5.15B | 4.80B | 4.55B |
| Cost of Revenue | 4.14B | 3.95B | 3.62B | 3.43B | 3.36B | 3.05B |
| Gross Profit | 2.33B | 2.22B | 1.93B | 1.73B | 1.43B | 1.49B |
| Selling, General & Admin | 1.70B | 1.61B | 1.45B | 1.34B | 1.20B | 1.09B |
| Operating Expenses | 1.70B | 1.61B | 1.45B | 1.34B | 1.20B | 1.09B |
| Operating Income | 630.87M | 607.62M | 478.37M | 388.07M | 233.04M | 408.57M |
| Interest Expense | -4.16M | -4.92M | -6.07M | -7.66M | -1.31M | -1.10M |
| Interest & Investment Income | 46.16M | 41.71M | 37.06M | 23.63M | 2.04M | 2.34M |
| Other Non Operating Income (Expenses) | -50.78M | -45.53M | -4.59M | -4.16M | -6.07M | -5.17M |
| EBT Excluding Unusual Items | 622.09M | 598.89M | 504.77M | 399.89M | 227.70M | 404.63M |
| Asset Writedown | -1.99M | -1.99M | -4.60M | -18.28M | -6.42M | |
| Pretax Income | 720.16M | 596.90M | 500.17M | 381.61M | 221.28M | 404.63M |
| Income Tax Expense | 151.09M | 131.98M | 97.71M | 93.93M | 61.58M | 94.02M |
| Net Income | 569.06M | 464.92M | 402.46M | 287.67M | 159.70M | 310.62M |
| Net Income to Common | 569.06M | 464.92M | 402.46M | 287.67M | 159.70M | 310.62M |
| Shares Outstanding (Basic) | 88.12M | 90.19M | 92.68M | 92.70M | 93.20M | 98.02M |
| Shares Outstanding (Diluted) | 89.52M | 91.81M | 94.45M | 94.33M | 94.14M | 99.27M |
| EPS (Basic) | 6.46 | 5.15 | 4.34 | 3.10 | 1.71 | 3.17 |
| EPS (Diluted) | 6.35 | 5.06 | 4.26 | 3.05 | 1.70 | 3.13 |
| Free Cash Flow | 295.21M | 315.02M | 320.25M | 309.79M | -56.78M | 96.89M |
| Free Cash Flow Per Share | 3.30 | 3.43 | 3.39 | 3.28 | -0.60 | 0.98 |
| Gross Margin | 36.03% | 36.00% | 34.79% | 33.52% | 29.90% | 32.84% |
| Operating Margin | 9.74% | 9.86% | 8.62% | 7.53% | 4.86% | 8.98% |
| Profit Margin | 8.79% | 7.54% | 7.25% | 5.58% | 3.33% | 6.83% |
| Free Cash Flow Margin | 4.56% | 5.11% | 5.77% | 6.01% | -1.18% | 2.13% |
| EBITDA | 775.88M | 740.40M | 601.56M | 494.90M | 330.87M | 507.62M |
| EBITDA Margin | 11.98% | 12.01% | 10.84% | 9.60% | 6.90% | 11.16% |
| D&A For EBITDA | 145.02M | 132.78M | 123.20M | 106.83M | 97.83M | 99.06M |
| EBIT | 630.87M | 607.62M | 478.37M | 388.07M | 233.04M | 408.57M |
| EBIT Margin | 9.74% | 9.86% | 8.62% | 7.53% | 4.86% | 8.98% |
| Effective Tax Rate | 20.98% | 22.11% | 19.54% | 24.62% | 27.83% | 23.23% |
| Advertising Expenses | 517.51M | 451.98M | 401.94M | 344.65M | 313.82M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 598.76M | 369.21M | 290.48M | 178.32M | 201.26M | 206.57M |
| Short-Term Investments | 117.37M | 326.72M | 319.95M | 286.74M | 181.38M | 239.42M |
| Cash & Short-Term Investments | 716.13M | 695.93M | 610.43M | 465.06M | 382.64M | 446.00M |
| Receivables | 102.96M | 95.67M | 74.01M | 67.01M | 70.34M | 63.76M |
| Inventory | 778.54M | 700.95M | 621.15M | 550.24M | 587.51M | 569.70M |
| Prepaid Expenses | 226.77M | 190.53M | 184.95M | 198.80M | 195.49M | 204.99M |
| Other Current Assets | 3.03M | 2.25M | 1.38M | 1.74M | 1.31M | |
| Total Current Assets | 1.82B | 1.69B | 1.49B | 1.28B | 1.24B | 1.29B |
| Property, Plant & Equipment | 2.71B | 2.52B | 2.27B | 2.21B | 2.15B | 2.15B |
| Long-Term Investments | 229.08M | 470.84M | 441.09M | 365.30M | 90.87M | 211.74M |
| Long-Term Deferred Tax Assets | 70.94M | 69.93M | ||||
| Other Long-Term Assets | 363.29M | 333.32M | 311.85M | 256.47M | 136.22M | 78.59M |
| Total Assets | 5.12B | 5.01B | 4.52B | 4.11B | 3.68B | 3.79B |
| Accounts Payable | 372.64M | 327.90M | 295.77M | 253.34M | 257.62M | 304.25M |
| Accrued Expenses | 436.90M | 231.88M | 204.26M | 186.12M | 142.53M | 154.34M |
| Current Portion of Leases | 223.18M | 225.48M | 227.15M | 226.65M | 232.67M | 236.31M |
| Current Income Taxes Payable | 7.86M | 18.36M | 9.81M | 6.88M | 3.87M | |
| Current Unearned Revenue | 107.16M | 84.94M | 75.40M | 69.19M | 65.70M | 58.15M |
| Other Current Liabilities | 14.24M | 240.03M | 254.74M | 249.09M | 184.97M | 224.56M |
| Total Current Liabilities | 1.15B | 1.12B | 1.08B | 994.21M | 890.37M | 981.47M |
| Long-Term Leases | 990.20M | 1.00B | 871.21M | 851.85M | 884.70M | 951.08M |
| Other Long-Term Liabilities | 124.45M | 74.14M | 101.09M | 152.61M | 115.16M | 113.05M |
| Total Liabilities | 2.27B | 2.19B | 2.05B | 2.00B | 1.89B | 2.05B |
| Common Stock | 9.00K | 9.00K | 9.00K | 9.00K | 9.00K | 10.00K |
| Additional Paid-In Capital | 7.02M | 19.91M | 15.07M | 37.94M | 15.25M | |
| Retained Earnings | 2.88B | 2.82B | 2.50B | 2.11B | 1.83B | 1.77B |
| Comprehensive Income & Other | -30.51M | -22.08M | -46.64M | -39.15M | -48.63M | -24.83M |
| Shareholders' Equity | 2.85B | 2.82B | 2.47B | 2.11B | 1.79B | 1.75B |
| Total Liabilities & Equity | 5.12B | 5.01B | 4.52B | 4.11B | 3.68B | 3.79B |
| Total Debt | 1.21B | 1.23B | 1.10B | 1.08B | 1.12B | 1.19B |
| Net Cash (Debt) | -292.29M | -90.37M | -95.62M | -314.35M | -643.86M | -529.66M |
| Net Cash Per Share | -3.27 | -0.98 | -1.01 | -3.33 | -6.84 | -5.34 |
| Filing Date Shares Outstanding | 85.66M | 85.60M | 92.66M | 93.29M | 92.59M | 95.66M |
| Total Common Shares Outstanding | 85.65M | 89.70M | 92.28M | 92.79M | 92.18M | 96.43M |
| Working Capital | 670.28M | 568.01M | 417.12M | 288.30M | 347.35M | 304.27M |
| Book Value Per Share | 33.32 | 31.39 | 26.78 | 22.77 | 19.45 | 18.10 |
| Tangible Book Value | 2.85B | 2.82B | 2.47B | 2.11B | 1.79B | 1.75B |
| Tangible Book Value Per Share | 33.32 | 31.39 | 26.78 | 22.77 | 19.45 | 18.10 |
| Land | 56.39M | 55.30M | 55.54M | 55.23M | 56.17M | |
| Buildings | 676.10M | 651.10M | 633.85M | 467.70M | 469.19M | |
| Machinery | 1.24B | 1.16B | 1.10B | 880.24M | 876.31M | |
| Construction In Progress | 138.30M | 78.34M | 96.16M | 358.79M | 269.60M | |
| Leasehold Improvements | 1.03B | 946.87M | 874.64M | 846.15M | 856.41M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 569.06M | 464.92M | 402.46M | 287.67M | 159.70M | 310.62M |
| Depreciation & Amortization | 145.02M | 132.78M | 123.20M | 106.83M | 97.83M | 99.06M |
| Loss (Gain) From Sale of Assets | 681.00K | 555.00K | 1.64M | 309.00K | 982.00K | 1.00K |
| Asset Writedown & Restructuring Costs | 1.99M | 1.99M | 4.60M | 18.28M | 6.42M | |
| Loss (Gain) From Sale of Investments | 11.64M | 12.78M | 9.45M | 11.57M | 4.51M | 6.61M |
| Stock-Based Compensation | 31.15M | 30.41M | 31.04M | 30.51M | 29.45M | 25.74M |
| Other Operating Activities | 290.73M | 229.24M | 211.64M | 226.98M | 191.29M | 190.34M |
| Change in Accounts Receivable | -15.03M | -19.51M | -7.32M | 3.71M | -7.10M | 26.03M |
| Change in Inventory | -81.25M | -72.75M | -72.94M | 38.78M | -22.29M | -181.90M |
| Change in Accounts Payable | 55.76M | 43.00M | 59.69M | 74.19M | -49.59M | 124.84M |
| Change in Other Net Operating Assets | -293.88M | -248.22M | -260.62M | -289.41M | -268.46M | -242.02M |
| Operating Cash Flow | 715.89M | 575.19M | 502.83M | 509.41M | 142.73M | 359.32M |
| Capital Expenditures | -420.68M | -260.17M | -182.58M | -199.62M | -199.51M | -262.43M |
| Investment in Securities | 310.56M | -51.48M | -126.19M | -322.02M | 167.50M | -225.24M |
| Investing Cash Flow | -110.11M | -311.65M | -308.77M | -521.65M | -32.01M | -487.66M |
| Issuance of Common Stock | 928.00K | 851.00K | 594.00K | 376.00K | 3.29M | |
| Repurchase of Common Stock | -324.91M | -175.90M | -67.66M | -8.41M | -118.78M | -63.55M |
| Other Financing Activities | -15.76M | -16.40M | -10.30M | -4.32M | ||
| Financing Cash Flow | -340.67M | -191.37M | -77.11M | -12.13M | -118.40M | -60.27M |
| Foreign Exchange Rate Adjustments | 1.49M | 6.56M | -4.79M | 1.43M | 2.37M | -450.00K |
| Net Cash Flow | 266.58M | 78.72M | 112.16M | -22.94M | -5.32M | -189.06M |
| Free Cash Flow | 295.21M | 315.02M | 320.25M | 309.79M | -56.78M | 96.89M |
| Free Cash Flow Margin | 4.56% | 5.11% | 5.77% | 6.01% | -1.18% | 2.13% |
| Free Cash Flow Per Share | 3.30 | 3.43 | 3.39 | 3.28 | -0.60 | 0.98 |
| Levered Free Cash Flow | 97.30M | 215.99M | 282.88M | 322.97M | -30.19M | 24.01M |
| Unlevered Free Cash Flow | 99.90M | 219.06M | 286.68M | 327.76M | -29.37M | 24.70M |
| Cash Income Tax Paid | 69.28M | 124.61M | 104.32M | 55.16M | 50.76M | 111.63M |
| Change in Working Capital | -334.39M | -297.48M | -281.20M | -172.73M | -347.44M | -273.05M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.62B | 6.35B | 5.11B | 3.53B | 2.52B | 2.81B |
| Enterprise Value | 7.91B | 6.60B | 5.48B | 4.03B | 3.23B | 3.35B |
| Last Close Price | 88.94 | 70.85 | 55.42 | 38.00 | 27.39 | 28.72 |
| PE Ratio | 14.00 | 13.67 | 12.71 | 12.26 | 15.81 | 9.05 |
| Forward PE | 13.66 | 12.66 | 12.94 | 11.21 | 13.56 | 9.87 |
| PS Ratio | 1.18 | 1.03 | 0.92 | 0.68 | 0.53 | 0.62 |
| PB Ratio | 2.67 | 2.26 | 2.07 | 1.67 | 1.41 | 1.61 |
| P/TBV Ratio | 2.67 | 2.26 | 2.07 | 1.67 | 1.41 | 1.61 |
| P/FCF Ratio | 25.81 | 20.17 | 15.97 | 11.38 | 29.02 | |
| P/OCF Ratio | 10.64 | 11.05 | 10.17 | 6.92 | 17.69 | 7.82 |
| PEG Ratio | 2.41 | 1.34 | 1.41 | 0.63 | 2.45 | 0.55 |
| EV/Sales Ratio | 1.22 | 1.07 | 0.99 | 0.78 | 0.67 | 0.74 |
| EV/EBITDA Ratio | 10.20 | 8.91 | 9.10 | 8.15 | 9.77 | 6.61 |
| EV/EBIT Ratio | 12.54 | 10.86 | 11.45 | 10.39 | 13.87 | 8.21 |
| EV/FCF Ratio | 26.80 | 20.94 | 17.10 | 13.02 | 34.63 | |
| Debt / Equity Ratio | 0.42 | 0.43 | 0.44 | 0.51 | 0.62 | 0.68 |
| Debt / EBITDA Ratio | 0.99 | 1.04 | 1.08 | 1.20 | 1.55 | 1.34 |
| Debt / FCF Ratio | 4.11 | 3.89 | 3.43 | 3.48 | 12.26 | |
| Net Debt / Equity Ratio | 0.10 | 0.03 | 0.04 | 0.15 | 0.36 | 0.30 |
| Net Debt / EBITDA Ratio | 0.38 | 0.12 | 0.16 | 0.64 | 1.95 | 1.04 |
| Net Debt / FCF Ratio | 0.99 | 0.29 | 0.30 | 1.01 | -11.34 | 5.47 |
| Asset Turnover | 1.32 | 1.29 | 1.29 | 1.32 | 1.28 | 1.24 |
| Inventory Turnover | 5.62 | 5.97 | 6.18 | 6.02 | 5.81 | 6.37 |
| Quick Ratio | 0.71 | 0.71 | 0.64 | 0.54 | 0.51 | 0.52 |
| Current Ratio | 1.58 | 1.51 | 1.39 | 1.29 | 1.39 | 1.31 |
| Return on Equity (ROE) | 20.94% | 17.59% | 17.56% | 14.73% | 9.03% | 19.27% |
| Return on Assets (ROA) | 8.02% | 7.97% | 6.93% | 6.22% | 3.90% | 6.96% |
| Return on Invested Capital (ROIC) | 14.76% | 15.01% | 13.54% | 11.14% | 6.71% | 13.28% |
| Return on Capital Employed (ROCE) | 15.90% | 15.60% | 13.90% | 12.50% | 8.30% | 14.50% |
| Earnings Yield | 7.14% | 7.32% | 7.87% | 8.16% | 6.33% | 11.05% |
| FCF Yield | 3.87% | 4.96% | 6.26% | 8.79% | -2.25% | 3.45% |
| Buyback Yield / Dilution | 3.93% | 2.79% | -0.13% | -0.19% | 5.16% | -0.76% |