The historical rank and industry rank for Sportsman's Warehouse Holdings's Net Margin % or its related term are showing as below:
SPWH'
s Net Margin % Range Over the Past 10 Years
Min: -4.17 Med: 2.54 Max: 7.2
Current: -4.17
SPWH's Net Margin % is ranked worse than 82.27% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs SPWH: -4.17
Sportsman's Warehouse Holdings (NAS:SPWH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Sportsman's Warehouse Holdings Net Margin % Related Terms
Sportsman's Warehouse Holdings Net Margin % Historical Data
* 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.
For the Specialty Retail subindustry, Sportsman's Warehouse Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Sportsman's Warehouse Holdings Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Sportsman's Warehouse Holdings's Net Margin % falls into.
* 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.
Sportsman's Warehouse Holdings (SPWH) has a Net Margin % of -8.53% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Sportsman's Warehouse Holdings and its competitors. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #928 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 82.3%.
Is Sportsman's Warehouse Holdings' Net Margin % too high?
Sportsman's Warehouse Holdings' current Net Margin % is -8.53%. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #928 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Net Margin % compare to ABLV and LESL?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #928 out of 1128 companies for Net Margin %. This places Sportsman's Warehouse Holdings in the lower half of its industry. The industry median Net Margin % is 2.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.33, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Sportsman's Warehouse Holdings and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportsman's Warehouse Holdings's current Net Margin % is -8.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.24 — trading 53% below its estimated fair value. The current Net Margin % is -8.53%. Sportsman's Warehouse Holdings' overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Sportsman's Warehouse Holdings (SPWH), the current Net Margin % is -8.53% as of Apr. 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued.
The current stock price of $1.24 is trading 53% below its estimated GF Value™ of $2.64.
GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.
Key valuation signals for SPWH:
Net Margin %: -8.53%
GF Value™: $2.64 vs. price of $1.24 (53% below fair value)
No single metric tells the full story. See the SPWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportsman's Warehouse Holdings Business Description
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
51GF Score
Get the complete analysis for SPWH
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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