Williams-Sonoma
Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of various products for home. The last earnings update was 64 days ago. More info.
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WSM Share Price and Events
7 Day Returns
1 Year Returns
WSM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Williams-Sonoma (WSM) | -1.3% | -9.1% | 18.8% | 6.7% | 20.4% | -14.8% |
| US Specialty Retail | -3.4% | -7.4% | -6.4% | -6.5% | 11.8% | 28.9% |
| US Market | -1% | -3.3% | 0.4% | -0.4% | 30.4% | 37.1% |
1 Year Return vs Industry and Market
- WSM outperformed the Specialty Retail industry which returned -6.5% over the past year.
- WSM outperformed the Market in United States of America which returned -0.4% over the past year.
WSM Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Williams-Sonoma
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Williams-Sonoma.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 22 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Specialty Retail Unlevered Beta | Simply Wall St/ S&P Global | 0.85 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.846 (1 + (1- 21%) (33.5%)) |
1.047 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.05 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.047 * 5.96%) |
8.97% |
Discounted Cash Flow Calculation for NYSE:WSM using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Williams-Sonoma is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.97%) |
|
|---|---|---|---|
| 2020 | 350.00 | Analyst x7 | 321.19 |
| 2021 | 395.15 | Analyst x8 | 332.78 |
| 2022 | 423.30 | Analyst x1 | 327.15 |
| 2023 | 444.25 | Est @ 4.95% | 315.08 |
| 2024 | 478.30 | Analyst x1 | 311.31 |
| 2025 | 498.79 | Est @ 4.28% | 297.93 |
| 2026 | 517.83 | Est @ 3.82% | 283.85 |
| 2027 | 535.91 | Est @ 3.49% | 269.58 |
| 2028 | 553.39 | Est @ 3.26% | 255.47 |
| 2029 | 570.57 | Est @ 3.1% | 241.71 |
| Present value of next 10 years cash flows | $2,956.06 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= $570.57 × (1 + 2.73%) ÷ (8.97% – 2.73%) |
$9,395.80 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $9,395.80 ÷ (1 + 8.97%)10 |
$3,980.43 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $2,956.06 + $3,980.43 |
$6,936.49 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $6,936.49 / 78.60 |
$88.25 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $88.25 |
| Current discount | Discount to share price of
$63.30
= -1 x ($63.30 - $88.25) / $88.25 |
28.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Williams-Sonoma's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Williams-Sonoma's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Williams-Sonoma's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Williams-Sonoma's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-05-05) in USD | $4.25 |
| NYSE:WSM Share Price ** | NYSE (2019-08-16) in USD | $63.3 |
| United States of America Specialty Retail Industry PE Ratio | Median Figure of 60 Publicly-Listed Specialty Retail Companies | 13.21x |
| United States of America Market PE Ratio | Median Figure of 3,095 Publicly-Listed Companies | 17.23x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Williams-Sonoma.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:WSM Share Price ÷ EPS (both in USD) = 63.3 ÷ 4.25 |
14.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Williams-Sonoma is overvalued based on earnings compared to the US Specialty Retail industry average.
- Williams-Sonoma is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Williams-Sonoma's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 14.89x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 22 Analysts |
5.3%per year |
| United States of America Specialty Retail Industry PEG Ratio | Median Figure of 53 Publicly-Listed Specialty Retail Companies | 1.72x |
| United States of America Market PEG Ratio | Median Figure of 2,124 Publicly-Listed Companies | 1.4x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 14.89x ÷ 5.3% |
2.81x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Williams-Sonoma is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Williams-Sonoma's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-05-05) in USD | $14.23 |
| NYSE:WSM Share Price * | NYSE (2019-08-16) in USD | $63.3 |
| United States of America Specialty Retail Industry PB Ratio | Median Figure of 97 Publicly-Listed Specialty Retail Companies | 1.23x |
| United States of America Market PB Ratio | Median Figure of 5,265 Publicly-Listed Companies | 1.7x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:WSM Share Price ÷ Book Value per Share (both in USD) = 63.3 ÷ 14.23 |
4.45x |
* Primary Listing of Williams-Sonoma.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Williams-Sonoma is overvalued based on assets compared to the US Specialty Retail industry average.
Value checks
We assess Williams-Sonoma's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check) Williams-Sonoma has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
WSM Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Williams-Sonoma's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Williams-Sonoma's earnings growth is positive but not above the United States of America market average.
- Williams-Sonoma's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:WSM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 22 Analysts | 5.3% |
| NYSE:WSM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 22 Analysts | 2.6% |
| United States of America Specialty Retail Industry Earnings Growth Rate | Market Cap Weighted Average | 10.9% |
| United States of America Specialty Retail Industry Revenue Growth Rate | Market Cap Weighted Average | 5.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 22 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-01-31 | 6,456 | 452 | 1 | |
| 2023-01-31 | 6,244 | 660 | 424 | 1 |
| 2022-01-31 | 6,072 | 387 | 5 | |
| 2021-01-31 | 5,881 | 600 | 372 | 22 |
| 2020-01-31 | 5,764 | 527 | 359 | 22 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-05-05 | 5,710 | 477 | 341 |
| 2019-02-03 | 5,672 | 586 | 334 |
| 2018-10-28 | 5,515 | 566 | 274 |
| 2018-07-29 | 5,457 | 585 | 264 |
| 2018-04-29 | 5,384 | 557 | 265 |
| 2018-01-28 | 5,292 | 500 | 260 |
| 2017-10-29 | 5,194 | 515 | 308 |
| 2017-07-30 | 5,140 | 526 | 306 |
| 2017-04-30 | 5,098 | 551 | 305 |
| 2017-01-29 | 5,084 | 525 | 305 |
| 2016-10-30 | 5,089 | 573 | 302 |
| 2016-07-31 | 5,075 | 541 | 303 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 22 Analyst Estimates (S&P Global) | See Below |
All data from Williams-Sonoma Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-01-31 | 6.53 | 6.53 | 6.53 | 1.00 |
| 2023-01-31 | 5.96 | 5.96 | 5.96 | 1.00 |
| 2022-01-31 | 5.30 | 5.44 | 5.09 | 3.00 |
| 2021-01-31 | 4.87 | 5.07 | 4.60 | 11.00 |
| 2020-01-31 | 4.55 | 4.74 | 4.34 | 11.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-05-05 | 4.25 |
| 2019-02-03 | 4.10 |
| 2018-10-28 | 3.32 |
| 2018-07-29 | 3.15 |
| 2018-04-29 | 3.13 |
| 2018-01-28 | 3.03 |
| 2017-10-29 | 3.57 |
| 2017-07-30 | 3.51 |
| 2017-04-30 | 3.47 |
| 2017-01-29 | 3.45 |
| 2016-10-30 | 3.39 |
| 2016-07-31 | 3.38 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Williams-Sonoma's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Williams-Sonoma has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
WSM Past Performance
How has Williams-Sonoma performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Williams-Sonoma's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Williams-Sonoma's 1-year earnings growth exceeds its 5-year average (28.7% vs -0.1%)
- Williams-Sonoma's earnings growth has exceeded the US Specialty Retail industry average in the past year (28.7% vs 10.5%).
Earnings and Revenue History
All data from Williams-Sonoma Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-05-05 | 5,709.73 | 341.17 | 1,664.03 | |
| 2019-02-03 | 5,671.59 | 333.68 | 1,659.45 | |
| 2018-10-28 | 5,515.07 | 274.11 | 1,587.40 | |
| 2018-07-29 | 5,457.42 | 263.95 | 1,542.62 | |
| 2018-04-29 | 5,383.85 | 265.16 | 1,503.78 | |
| 2018-01-28 | 5,292.36 | 259.55 | 1,466.10 | |
| 2017-10-29 | 5,194.03 | 308.41 | 1,434.13 | |
| 2017-07-30 | 5,140.08 | 306.48 | 1,425.77 | |
| 2017-04-30 | 5,097.50 | 305.35 | 1,406.45 | |
| 2017-01-29 | 5,083.81 | 305.39 | 1,405.37 | |
| 2016-10-30 | 5,088.54 | 301.89 | 1,372.04 | |
| 2016-07-31 | 5,075.23 | 302.99 | 1,366.07 | |
| 2016-05-01 | 5,043.23 | 304.88 | 1,361.79 | |
| 2016-01-31 | 4,976.09 | 310.07 | 1,356.25 | |
| 2015-11-01 | 4,931.91 | 315.98 | 1,358.58 | |
| 2015-08-02 | 4,842.99 | 310.40 | 1,344.76 | |
| 2015-05-03 | 4,755.07 | 307.48 | 1,318.24 | |
| 2015-02-01 | 4,698.72 | 308.85 | 1,303.46 | |
| 2014-11-02 | 4,622.92 | 295.62 | 1,292.02 | |
| 2014-08-03 | 4,531.30 | 287.43 | 1,278.23 | |
| 2014-05-04 | 4,474.41 | 285.60 | 1,272.31 | |
| 2014-02-02 | 4,387.89 | 278.90 | 1,251.56 | |
| 2013-11-03 | 4,327.98 | 278.84 | 1,231.42 | |
| 2013-08-04 | 4,220.99 | 271.02 | 1,214.16 | |
| 2013-05-05 | 4,113.06 | 265.48 | 1,187.70 | |
| 2013-02-03 | 4,042.87 | 256.73 | 1,170.31 | |
| 2012-10-28 | 3,904.60 | 245.58 | 1,138.27 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Williams-Sonoma has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Williams-Sonoma used its assets more efficiently than the US Specialty Retail industry average last year based on Return on Assets.
- Williams-Sonoma's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Williams-Sonoma's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Williams-Sonoma has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
WSM Health
How is Williams-Sonoma's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Williams-Sonoma's finances.
The net worth of a company is the difference between its assets and liabilities.
- Williams-Sonoma is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Williams-Sonoma's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Williams-Sonoma Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-05-05 | 1,121.77 | 299.67 | 107.68 |
| 2019-02-03 | 1,155.71 | 299.62 | 338.95 |
| 2018-10-28 | 1,091.94 | 359.57 | 164.41 |
| 2018-07-29 | 1,080.99 | 299.52 | 174.58 |
| 2018-04-29 | 1,197.23 | 299.47 | 290.24 |
| 2018-01-28 | 1,203.57 | 299.42 | 390.14 |
| 2017-10-29 | 1,172.17 | 170.00 | 90.78 |
| 2017-07-30 | 1,188.52 | 115.00 | 103.11 |
| 2017-04-30 | 1,210.15 | 45.00 | 93.98 |
| 2017-01-29 | 1,248.22 | 0.00 | 213.71 |
| 2016-10-30 | 1,159.48 | 125.00 | 75.38 |
| 2016-07-31 | 1,154.81 | 125.00 | 111.12 |
| 2016-05-01 | 1,162.86 | 100.00 | 99.22 |
| 2016-01-31 | 1,198.23 | 0.00 | 193.65 |
| 2015-11-01 | 1,116.53 | 200.00 | 72.26 |
| 2015-08-02 | 1,141.38 | 150.00 | 119.78 |
| 2015-05-03 | 1,186.63 | 61.97 | 78.85 |
| 2015-02-01 | 1,224.71 | 1.97 | 222.93 |
| 2014-11-02 | 1,136.38 | 91.97 | 107.70 |
| 2014-08-03 | 1,178.41 | 1.97 | 70.57 |
| 2014-05-04 | 1,208.29 | 3.75 | 112.87 |
| 2014-02-02 | 1,256.00 | 3.75 | 330.12 |
| 2013-11-03 | 1,170.05 | 3.76 | 128.76 |
| 2013-08-04 | 1,219.38 | 3.79 | 205.36 |
| 2013-05-05 | 1,282.22 | 5.45 | 252.54 |
| 2013-02-03 | 1,309.14 | 5.39 | 424.56 |
| 2012-10-28 | 1,217.86 | 5.51 | 262.48 |
- Williams-Sonoma's level of debt (26.7%) compared to net worth is satisfactory (less than 40%).
- Williams-Sonoma had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
- Debt is well covered by operating cash flow (159.2%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 57.9x coverage).
Financial health checks
We assess Williams-Sonoma's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Williams-Sonoma has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
WSM Dividends
What is Williams-Sonoma's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Williams-Sonoma
shares you are expected to receive
$61
in your first year as a dividend.
Dividend Amount
- Williams-Sonoma's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
- Williams-Sonoma's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 22 Analyst Estimates (S&P Global) | See Below |
| United States of America Specialty Retail Industry Average Dividend Yield | Market Cap Weighted Average of 40 Stocks | 2.3% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2024-01-31 | 2.28 | 1.00 |
| 2023-01-31 | 2.20 | 1.00 |
| 2022-01-31 | 2.13 | 6.00 |
| 2021-01-31 | 2.00 | 13.00 |
| 2020-01-31 | 1.90 | 13.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-06-21 | 1.920 | 2.937 |
| 2019-03-20 | 1.920 | 3.381 |
| 2018-12-18 | 1.720 | 3.195 |
| 2018-09-14 | 1.720 | 2.899 |
| 2018-06-15 | 1.720 | 2.749 |
| 2018-03-14 | 1.720 | 3.330 |
| 2017-12-15 | 1.560 | 2.952 |
| 2017-09-15 | 1.560 | 3.103 |
| 2017-06-16 | 1.560 | 3.369 |
| 2017-03-15 | 1.560 | 3.054 |
| 2016-12-16 | 1.480 | 3.029 |
| 2016-09-16 | 1.480 | 2.919 |
| 2016-06-17 | 1.480 | 2.815 |
| 2016-03-16 | 1.480 | 2.684 |
| 2015-12-18 | 1.400 | 2.566 |
| 2015-09-18 | 1.400 | 1.992 |
| 2015-06-19 | 1.400 | 1.713 |
| 2015-06-12 | 1.400 | 1.727 |
| 2015-05-20 | 1.400 | 1.777 |
| 2015-04-02 | 1.400 | 1.823 |
| 2015-03-18 | 1.400 | 1.767 |
| 2014-12-19 | 1.320 | 1.675 |
| 2014-09-22 | 1.320 | 1.936 |
| 2014-06-20 | 1.320 | 1.897 |
| 2014-03-12 | 1.320 | 2.026 |
| 2013-12-20 | 1.240 | 2.201 |
| 2013-09-20 | 1.240 | 2.232 |
| 2013-06-21 | 1.240 | 2.146 |
| 2013-03-19 | 1.240 | 2.330 |
| 2012-12-21 | 0.880 | 1.943 |
| 2012-12-07 | 0.880 | 2.001 |
| 2012-06-22 | 0.880 | 2.162 |
| 2012-03-22 | 0.880 | 2.405 |
| 2011-12-22 | 0.880 | 2.379 |
| 2011-09-22 | 0.680 | 1.893 |
| 2011-06-22 | 0.680 | 1.999 |
| 2011-03-15 | 0.680 | 1.694 |
| 2010-12-22 | 0.600 | 1.712 |
| 2010-09-22 | 0.600 | 1.791 |
| 2010-05-27 | 0.600 | 2.223 |
| 2010-03-22 | 0.520 | 1.807 |
| 2009-12-22 | 0.480 | 2.239 |
| 2009-09-22 | 0.480 | 2.333 |
| 2009-06-22 | 0.480 | 3.346 |
| 2009-03-24 | 0.480 | 3.915 |
| 2008-12-22 | 0.480 | 5.663 |
| 2008-09-22 | 0.480 | 5.306 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Williams-Sonoma's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.4x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
Income/ dividend checks
We assess Williams-Sonoma's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Williams-Sonoma afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Williams-Sonoma has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
WSM Management
CEO
| COMPENSATION | $27,254,166 |
| AGE | 50 |
| TENURE AS CEO | 9.3 years |
CEO Bio
Ms. Laura J. Alber has been the Chief Executive Officer at Williams-sonoma Inc. since May 26, 2010 and has been its President since July 2006. Ms. Alber served as the President of Pottery Barn Brands, a subsidiary of Williams-sonoma Inc. from February 11, 2002 to 2006. She was responsible for the Pottery Barn Merchandising and Pottery Barn Kids stores. In her tenure at WSI, she has held various leadership roles, executing effective growth strategies, strengthening brand recognition and bolstering profits for its portfolio of multi-channel brands. As WSI continues to innovate, launch new businesses and expand product offerings, she has extended the WSI imprint into new categories with introductions such as Pottery Barn Kids, PBteen, PBdorm and new growth opportunities — West Elm and West Elm Market, Mark and Graham, Rejuvenation and the WS Agrarian collection. Prior to 2002, she served in various brand management roles, including Executive Vice President of Pottery Barn from 2000 to 2002 and Senior Vice President of Pottery Barn Catalogs and Pottery Barn Kids Retail from 1999 to 2000 and Divisional Vice President of Pottery Barn Catalog from 1997 to 1999. She joined Williams-Sonoma in 1995 as a Senior Buyer for the Pottery Barn brand. Ms. Alber has been a Director at Williams-sonoma Inc. since 2010 and Fitbit Inc. since June 1, 2016. She served as Director at RealD Inc. from February 2013 to August 13, 2015. She served as a Director of Pottery Barn Catalog from 1996 to 1997. Ms. Alber received a B.A. in Psychology from the University of Pennsylvania.
CEO Compensation
- Laura's compensation has been consistent with company performance over the past year, both up more than 20%.
- Laura's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Williams-Sonoma management team in years:
- The average tenure for the Williams-Sonoma management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Laura Alber
CEO, President & Director
$27M
50
9.3 yrs
Julie Whalen
Executive VP & CFO
$4M
48
7.1 yrs
Marta Benson
President of Pottery Barn Brand
$5M
56
Alex Bellos
President of West Elm Brand
$4M
34
Dean Miller
Executive VP & COO
$1M
56
5.1 yrs
Yasir Anwar
Chief Technology Officer
1.5 yrs
Elise Wang
Vice President of Investor Relations
David King
Executive VP
50
8.6 yrs
Felix Carbullido
Executive VP & Chief Marketing Officer
54
5.1 yrs
Linda Lewis
Chief Talent Officer & Executive VP
7.6 yrs
Board of Directors Tenure
Average tenure and age of the Williams-Sonoma board of directors in years:
- The average tenure for the Williams-Sonoma board of directors is less than 3 years, this suggests a new board.
Board of Directors
Adrian D. Bellamy
Chairman
$730K
77
9.3 yrs
Laura Alber
CEO, President & Director
$27M
50
9.6 yrs
Sabrina Simmons
Independent Director
$300K
56
4.6 yrs
Grace Puma
Independent Director
$249K
56
2.3 yrs
Frits van Paasschen
Independent Director
$246K
58
2.3 yrs
Bob Lord
Independent Director
$251K
56
1.8 yrs
Anne Mulcahy
Independent Director
$118K
67
0.8 yrs
Scott Dahnke
Independent Director
54
0.3 yrs
Who owns this company?
Recent Insider Trading
- Williams-Sonoma individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20. Jun 19 | Sell | Marta Benson | Individual | 18. Jun 19 | 18. Jun 19 | -5,000 | $61.60 | $-308,000 | ||
| 04. Jun 19 | Sell | Sabrina Simmons | Individual | 04. Jun 19 | 04. Jun 19 | -1,750 | $60.08 | $-105,140 | ||
| 14. Sep 18 | Sell | Janet Hayes | Individual | 14. Sep 18 | 14. Sep 18 | -14,376 | $68.10 | $-979,006 | ||
| 05. Sep 18 | Sell | David King | Individual | 31. Aug 18 | 31. Aug 18 | -24,323 | $68.88 | $-1,675,368 | ||
Management checks
We assess Williams-Sonoma's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Williams-Sonoma has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
WSM News
Simply Wall St News
Is Williams-Sonoma, Inc.'s (NYSE:WSM) 30% ROE Better Than Average?
One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.30 in profit. … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Williams-Sonoma: 30% = US$341m ÷ US$1.1b (Based on the trailing twelve months to May 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Debt does bring extra risk, so it's only really worthwhile when a company generates some decent returns from it.
Simply Wall St - – Full articleHave Insiders Been Selling Williams-Sonoma, Inc. (NYSE:WSM) Shares This Year?
So shareholders might well want to know whether insiders have been buying or selling shares in Williams-Sonoma, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Insider Ownership Many investors like to check how much of a company is owned by insiders.
Simply Wall St - – Full articleIs Williams-Sonoma, Inc.'s (NYSE:WSM) Liquidity Good Enough?
At this stable level of debt, the current cash and short-term investment levels stands at US$339m , ready to be used for running the business. … Moreover, WSM has generated cash from operations of US$586m during the same period of time, leading to an operating cash to total debt ratio of 196%, signalling that WSM’s current level of operating cash is high enough to cover debt. … Looking at WSM’s US$1.1b in current liabilities, it seems that the business has been able to meet these commitments with a current assets level of US$1.7b, leading to a 1.58x current account ratio.
Simply Wall St - – Full articleIs There An Opportunity With Williams-Sonoma, Inc.'s (NYSE:WSM) 30% Undervaluation?
(NYSE:WSM) by taking the expected future cash flows and discounting them to their present value. … Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $387.40 $379.43 $386.78 $404.36 $305.13 $404.77 $404.67 $407.91 $413.54 $420.92 Growth Rate Estimate Source Analyst x8 Analyst x9 Analyst x9 Analyst x2 Analyst x2 Analyst x1 Est @ -0.03% Est @ 0.8% Est @ 1.38% Est @ 1.78% Present Value ($, Millions) Discounted @ 8.48% $357.12 $322.42 $302.97 $291.98 $203.10 $248.36 $228.89 $212.68 $198.76 $186.49 Present Value of 10-year Cash Flow (PVCF)= $2.55b "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = US$421m × (1 + 2.7%) ÷ (8.5% – 2.7%) = US$7.5b Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = $US$7.5b ÷ ( 1 + 8.5%)10 = $3.33b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is $5.88b.
Simply Wall St - – Full articleHow Williams-Sonoma, Inc. (NYSE:WSM) Could Add Value To Your Portfolio
Help shape the future of investing tools and you could win a $250 gift card! … As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.
Simply Wall St - – Full articleHow Does Williams-Sonoma, Inc. (NYSE:WSM) Affect Your Portfolio Volatility?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Simply Wall St - – Full articleWilliams-Sonoma, Inc.'s (NYSE:WSM) 3.4% Dividend Yield Looks Pretty Interesting
Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. … In this case, Williams-Sonoma likely looks attractive to investors, given its 3.4% dividend yield and a payment history of over ten years. … NYSE:WSM Historical Dividend Yield, April 23rd 2019
Simply Wall St - – Full articleWilliams-Sonoma, Inc. (NYSE:WSM): What Can We Expect From This High Growth Stock?
Williams-Sonoma, Inc.'s (NYSE:WSM) released its most recent earnings update in February 2019, whicha … revealed
Simply Wall St - – Full articleDid You Miss Williams-Sonoma's (NYSE:WSM) 19% Share Price Gain?
(NYSE:WSM) share price is up 19% in the last year, clearly besting than the market return of around 9.6% (not including dividends). … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During the last year Williams-Sonoma grew its earnings per share (EPS) by 35%.
Simply Wall St - – Full articleHave You Considered This Before Investing In Williams-Sonoma, Inc. (NYSE:WSM)?
I will take you through Williams-Sonoma’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Free cash flow (FCF) is the amount of cash Williams-Sonoma has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … I will be analysing Williams-Sonoma’s FCF by looking at its FCF yield and its operating cash flow growth.
Simply Wall St - – Full articleWSM Company Info
Description
Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of various products for home. The company operates through two segments, E-commerce and Retail. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand. The company also provides home decor products under the West Elm brand; products designed for creating spaces where children could play, laugh, learn, and grow under the Pottery Barn Kids brand; and line of furniture, bedding, lighting, decorative accents, and others for teen bedrooms, dorm rooms, study spaces, and lounges under the PBteen brand. In addition, it offers a range of assortments of lighting, hardware, furniture, and home décor inspired by history under the Rejuvenation brand; and women’s and men’s accessories, small leather goods, jewelry, key item apparel, paper, entertaining and bar, home décor, and seasonal items under the Mark and Graham brand. The company markets its products through e-commerce Websites, direct mail catalogs, and retail stores. As of February 3, 2019, it operated 625 stores comprising 579 stores in 43 states, Washington, D.C., and Puerto Rico; 24 stores in Canada; 19 stores in Australia; and 3 store in the United Kingdom, as well as 108 franchised stores, as well as e-commerce Websites in various countries in the Middle East, the Philippines, Mexico, and South Korea. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California.
Details
| Name: | Williams-Sonoma, Inc. |
| WSM | |
| Exchange: | NYSE |
| Founded: | 1956 |
| $4,975,593,067 | |
| 78,603,366 | |
| Website: | http://www.williams-sonomainc.com |
| Address: |
Williams-Sonoma, Inc. 3250 Van Ness Avenue, San Francisco, California, 94109, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | WSM | Common Stock | New York Stock Exchange | US | USD | 07. Jul 1983 | |
| DB | WM1 | Common Stock | Deutsche Boerse AG | DE | EUR | 07. Jul 1983 | |
| LSE | 0LXC | Common Stock | London Stock Exchange | GB | USD | 07. Jul 1983 | |
| BMV | WSM * | Common Stock | Bolsa Mexicana de Valores | MX | MXN | 07. Jul 1983 |
Number of employees
Current staff
Industry
| Homefurnishing Retail | |
| Retail |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/08/17 23:47 |
| End of day share price update: | 2019/08/16 00:00 |
| Last estimates confirmation: | 2019/08/16 |
| Last earnings filing: | 2019/06/14 |
| Last earnings reported: | 2019/05/05 |
| Last annual earnings reported: | 2019/02/03 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
