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National Vision Holdings, Inc. logo

National Vision Holdings, Inc.

EYE

NASDAQConsumer CyclicalSpecialty Retail

Open in GoAI

Regular session

$18.415

+$0.535 · +2.99%

Aug 24, 10:19 AM ET

EYE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

34

Weakening

Sentiment

73

Bullish

Risk resilience

43

Elevated Risk

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Company profile

Company website

National Vision Holdings, Inc. operates as a leading optical retail chain across the United States, conducting business through its various subsidiary companies. The company's operations are categorized into two primary divisions: Owned & Host, and Legacy. It offers a comprehensive range of vision care products, including eyeglasses, contact lenses, and optical accessories. Eye examinations and optometric services are also provided through its extensive network of branded stores, which include America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and Vision Center outlets, alongside health maintenance organization services. As of January 1, 2022, National Vision maintained a significant retail footprint with 1,278 physical stores and a robust online presence through multiple e-commerce platforms. Established in 1990, the company is headquartered in Duluth, Georgia.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
US
CEO
Alexander N. Wilkes
Listed since
Oct 27, 2017
Employees
13,138

Market position

Day range

Current $18.415

52-week range

Current $18.415

Open
$18.06
Previous close
$17.88
Volume
174.42K
0.08× average
Average volume
2.21M
Average daily volume
Market cap
1.48B USD
Beta
1.01
Market reference 1
50-day average
$19.7389
-6.71% below average
200-day average
$23.7784
-22.56% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
29.03×
P/B (TTM)
1.63×
P/S (TTM)
0.73×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
55.22%
Operating margin
4.13%
Net margin
2.47%

Financial health

Debt / equity
0.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends66%41%16%-9%Gross margin, FY2021: 56.49%Gross margin, FY2022: 59.40%Gross margin, FY2023: 52.93%Gross margin, FY2024: 58.10%Gross margin, FY2025: 54.18%Operating margin, FY2021: 8.41%Operating margin, FY2022: 3.21%Operating margin, FY2023: -2.20%Operating margin, FY2024: -0.57%Operating margin, FY2025: 3.08%Net margin, FY2021: 6.17%Net margin, FY2022: 2.56%Net margin, FY2023: -3.10%Net margin, FY2024: -1.56%Net margin, FY2025: 1.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 56.49%. Gross margin FY2022 59.40%. Gross margin FY2023 52.93%. Gross margin FY2024 58.10%. Gross margin FY2025 54.18%. Operating margin FY2021 8.41%. Operating margin FY2022 3.21%. Operating margin FY2023 -2.20%. Operating margin FY2024 -0.57%. Operating margin FY2025 3.08%. Net margin FY2021 6.17%. Net margin FY2022 2.56%. Net margin FY2023 -3.10%. Net margin FY2024 -1.56%. Net margin FY2025 1.49%.

Income trends

Revenue

1.99B USD+9.00%

Operating income

61.26M USD+71.62M USD

Net income

29.6M USD+58.1M USD
Income trends across reported periods2.35B USD1.47B USD591.81M USD−285.14M USDRevenue, FY2021: 2.08B USDRevenue, FY2022: 1.64B USDRevenue, FY2023: 2.13B USDRevenue, FY2024: 1.82B USDRevenue, FY2025: 1.99B USDOperating income, FY2021: 174.94M USDOperating income, FY2022: 52.77M USDOperating income, FY2023: −46.83M USDOperating income, FY2024: −10.36M USDOperating income, FY2025: 61.26M USDNet income, FY2021: 128.24M USDNet income, FY2022: 42.12M USDNet income, FY2023: −65.9M USDNet income, FY2024: −28.5M USDNet income, FY2025: 29.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.08B USD. Revenue FY2022 1.64B USD. Revenue FY2023 2.13B USD. Revenue FY2024 1.82B USD. Revenue FY2025 1.99B USD. Operating income FY2021 174.94M USD. Operating income FY2022 52.77M USD. Operating income FY2023 −46.83M USD. Operating income FY2024 −10.36M USD. Operating income FY2025 61.26M USD. Net income FY2021 128.24M USD. Net income FY2022 42.12M USD. Net income FY2023 −65.9M USD. Net income FY2024 −28.5M USD. Net income FY2025 29.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.99B USD1.82B USD2.13B USD1.64B USD2.08B USD
Cost of goods sold910.62M USD764.06M USD1B USD667.67M USD904.78M USD
Gross profit1.08B USD1.06B USD1.13B USD977.01M USD1.17B USD
Selling, general, and administrative1.02B USD938.52M USD991.88M USD832.61M USD900.8M USD
Operating expenses1.02B USD1.07B USD1.17B USD924.24M USD999.81M USD
Interest expense16.95M USD16.18M USD14.34M USD462K USD25.61M USD
Depreciation and amortization91.15M USD99.08M USD98.25M USD105.97M USD101.8M USD
Operating income61.26M USD−10.36M USD−46.83M USD52.77M USD174.94M USD
Net income29.6M USD−28.5M USD−65.9M USD42.12M USD128.24M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+61.15%
11 comparable reports
Latest EPS result
0.25
Estimate 0.18 · Beat by 37.44%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.490.290.09-0.11Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.04, estimate -0.07, surprise +42.86%, Beat. Q2 2025, reported May 7, 2025: actual 0.34, estimate 0.29, surprise +17.24%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.18, estimate 0.13, surprise +38.46%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.13, estimate 0.12, surprise +8.33%, Beat. Q1 2026, reported Mar 4, 2026: actual 0.15, estimate 0.06, surprise +148.76%, Beat. Q2 2026, reported May 13, 2026: actual 0.45, estimate 0.43, surprise +4.65%, Beat. Q3 2026, reported Aug 12, 2026: actual 0.25, estimate 0.182, surprise +37.44%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.18, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates566.89M516.34M465.79M415.24MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 437.28M USD, estimate 437.04M USD, surprise +0.05%, Beat. Q2 2025, reported May 7, 2025: actual 510.32M USD, estimate 466.4M USD, surprise +9.42%, Beat. Q3 2025, reported Aug 6, 2025: actual 486.42M USD, estimate 471.28M USD, surprise +3.21%, Beat. Q4 2025, reported Nov 5, 2025: actual 487.33M USD, estimate 495.1M USD, surprise -1.57%, Miss. Q1 2026, reported Mar 4, 2026: actual 503.41M USD, estimate 495.26M USD, surprise +1.65%, Beat. Q2 2026, reported May 13, 2026: actual 543.88M USD, estimate 545.09M USD, surprise -0.22%, Miss. Q3 2026, reported Aug 12, 2026: actual 498.81M USD, estimate 499.07M USD, surprise -0.05%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 512.93M USD, surprise —, Comparison unavailable.

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ETFs holding EYE

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
90.1M
Weight
0.08%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.15-0.11%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
53.35M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.86-0.37%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
38.55M
Weight
0.02%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$303.49-0.42%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
36.17M
Weight
0.04%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.74-0.41%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
24.49M
Weight
0.04%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.36+0.07%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
20.38M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.82-0.70%
Invesco S&P SmallCap Momentum ETF logoInvesco S&P SmallCap Momentum ETFXSMO
Market value
19.67M
Weight
0.65%
AUM
3.04B USD
Expense ratio
0.36%
Price / 1D
$85.45-0.69%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
13.95M
Weight
0.08%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.22-0.10%

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