WRBY (Warby Parker) EV-to-FCF: 148.20 (As of Aug. 11, 2026) — 146% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WRBY Warby Parker Inc WRBY
69 GF Score
Price $26.41
GF Value $21.61
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Warby Parker EV-to-FCF?

Warby Parker WRBY -0.19% 69 EV-to-FCF is 148.20 as of Aug. 11, 2026, which is 146% above its 10-year median of 60.21. GuruFocus rates WRBY with a GF Score™ of 69/100 and a GF Value™ of $21.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 412 Medical Devices & Instruments companies, Warby Parker ranks worse than 91.02% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Warby Parker's Enterprise Value is $3,222.8 Mil. Warby Parker's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $21.7 Mil. Therefore, Warby Parker's EV-to-FCF for today is 148.20.

The historical rank and industry rank for Warby Parker's EV-to-FCF or its related term are showing as below:

WRBY' s EV-to-FCF Range Over the Past 10 Years
Min: -3185.54   Med: 60.21   Max: 229.07
Current: 148.2

During the past 7 years, the highest EV-to-FCF of Warby Parker was 229.07. The lowest was -3185.54. And the median was 60.21.

WRBY's EV-to-FCF is ranked worse than
91.02% of 412 companies
in the Medical Devices & Instruments industry
Industry Median: 24.855 vs WRBY: 148.20

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-11), Warby Parker's stock price is $26.41. Warby Parker's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.070. Therefore, Warby Parker's PE Ratio (TTM) for today is 377.29.


Warby Parker  (NYSE:WRBY) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Warby Parker's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=26.41/0.070
=377.29

Warby Parker's share price for today is $26.41.
Warby Parker's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.070.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Warby Parker EV-to-FCF Related Terms


Warby Parker EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Warby Parker's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Warby Parker EV-to-FCF Chart

Warby Parker Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial -62.53 -30.53 221.80 83.46 59.79

Warby Parker Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.96 87.88 59.79 65.16 173.53

WRBY vs XRAY, LMAT, PLSE: EV-to-FCF Comparison

For the Medical Instruments & Supplies subindustry, Warby Parker's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warby Parker EV-to-FCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Warby Parker's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Warby Parker's EV-to-FCF falls into.


WRBY
69GF Score
Warby Parker Inc WRBY
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warby Parker EV-to-FCF Calculation

Warby Parker's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3222.794/21.746
=148.20

Warby Parker's current Enterprise Value is $3,222.8 Mil.
Warby Parker's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 148.20 mean?
Warby Parker (WRBY) has a EV-to-FCF of 148.20 as of Aug. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Warby Parker and its competitors. This is 146% above median its historical median of 60.21. According to the industry distribution chart, Warby Parker ranks #375 out of 412 companies in the Medical Devices & Instruments industry, placing it in the top 91%.
Is Warby Parker's EV-to-FCF too high?
Warby Parker's current EV-to-FCF of 148.20 is 146% above median its 10-year median of 60.21. The Medical Devices & Instruments industry median EV-to-FCF is 24.86. Warby Parker's value of 148.20 is 496.3% above this industry median. Based on the distribution chart, Warby Parker ranks #375 out of 412 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Warby Parker has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warby Parker's EV-to-FCF compare to XRAY and LMAT?
According to the Medical Devices & Instruments industry distribution chart, Warby Parker ranks #375 out of 412 companies for EV-to-FCF. This places Warby Parker in the lower half of its industry. The industry median EV-to-FCF is 24.86. Warby Parker's value of 148.20 is 496.3% above this benchmark. While the company's 10-year median is 60.21 vs. the industry median of 24.86, Warby Parker has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Medical Devices & Instruments company?
The median EV-to-FCF among Medical Devices & Instruments companies is 24.86, based on 412 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warby Parker's current EV-to-FCF of 148.20 is 496.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Warby Parker and its competitors. For the Medical Devices & Instruments industry, the median EV-to-FCF is 24.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warby Parker's current EV-to-FCF is 148.20, which is 146% above median its own 10-year median of 60.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warby Parker stock overvalued right now?
Based on GuruFocus' analysis, Warby Parker (WRBY) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.61, compared to a current price of $26.41 — trading 22.2% above its estimated fair value. The current EV-to-FCF is 148.20, which is 146% above median its 10-year median of 60.21 and 496.3% above the Medical Devices & Instruments industry median of 24.86. Warby Parker's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Warby Parker (WRBY), the current EV-to-FCF is 148.20 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Warby Parker (WRBY) Overvalued in 2026?

Based on GuruFocus' analysis, Warby Parker stock appears to be overvalued. The current stock price of $26.41 is trading 22.2% above its estimated GF Value™ of $21.61. GuruFocus considers Warby Parker to be Modestly Overvalued.

Key valuation signals for WRBY:

  • EV-to-FCF: 148.20 (146% above median its 10-year median of 60.21)
  • GF Value™: $21.61 vs. price of $26.41 (22.2% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 496.3% above the Medical Devices & Instruments median (#375 of 412)

No single metric tells the full story. See the WRBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warby Parker Business Description

Address 233 Spring Street, 6th Floor East, New York, NY, USA, 10013
Warby Parker Inc is a mission-driven, lifestyle brand that operates at the intersection of design, technology, healthcare, and social enterprise. The Company provides holistic vision care by offering eyewear, contacts, and eye care directly to consumers through its integrated, omnichannel platform. The company predominantly derives revenue from the sales of eyewear products, optical services, and accessories. The firm sells products and services through its stores, website, and mobile apps. Revenue generated from eyewear products includes the sales of prescription and non-prescription optical glasses and sunglasses, contact lenses, eyewear accessories, and expedited shipping charges.
69GF Score

Get the complete analysis for WRBY

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.41
Price
$21.61
GF Value