YETIYETI Holdings, Inc.
Sporting & Athletic Goods, NEC
- Revenue
- $1.9B
- 2.1% YoY
- Operating margin
- 11.4%
- 15% YoY
- EBITDA
- $268M
- 8.8% YoY
- Market cap
- $3.2B
- Employees
- 1,390
- $1M revenue each
- Net debt / EBITDA
- 0.2×
- $49M net debt
- AI in 10-K
- 3.9
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo154% of net incomeCash flow under 80% of net income
- Dilutive SBCNo3% of revenueOver 10% of revenue
- Payouts exceed cash flowYes117% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo6% of assetsOver 40% of assets
- Shareholder dissentNo93% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$1M · 100th pctBottom quartile of its SIC industry
- Quiet on AINo3.9 per 10K words · 78th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo0.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$3.2B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$442K netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.8B | $1.9B | 2.1% |
| Operating income | $126M | $225M | $245M | $214M | 13% |
| Net income | $90M | $170M | $176M | $165M | 5.9% |
| Operating cash flow | $101M | $286M | $261M | $255M | 2.5% |
| Capex | $46M | $51M | $42M | $43M | 2.0% |
| Stock-based comp | $18M | $30M | $41M | $48M | 17% |
| Buybacks | $100M | $0 | $200M | $298M | 49% |
| Dividends | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $442K · 2
- Net
- −$442K
Pay vs performance
No pay-versus-performance disclosure yet.