RH vs Wayfair
Wayfair reported revenue of $12.5 billion in fiscal 2025, 3.6 times RH's $3.4 billion in fiscal 2025. RH's revenue grew 8.1% in its latest year, and Wayfair's grew 5.1%. RH had an operating margin of 11.3%, against 0.1% at Wayfair. Free cash flow was $252 million at RH and $464 million at Wayfair. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| RH | Wayfair | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $3.4B | $12.5B |
| Revenue growth | 8.1% | 5.1% |
| Revenue growth a year, last 5 years | 3.8% | −2.5% |
| Gross margin | 44.1% | 30.2% |
| Operating margin | 11.3% | 0.1% |
| Net margin | 3.6% | −2.5% |
| Free cash flow | $252M | $464M |
| Free cash flow margin | 7.3% | 3.7% |
| Return on capital | — | — |
| Net debt to EBITDA | — | 5.4x |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | −1.0% | 4.1% |
| Last close | $135.72 | $113.05 |
| P/E at the last close | 24.1× | — |
| Insider trades, last 12 months | bought $1.8 million, sold $26.5 million | sold $236.2 million |
| Piotroski F-score | — | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
RHWayfair
Operating margin
Percent of revenue
RHWayfair
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
RHWayfair