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Williams-Sonoma

NYSE:WSM
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WSM
NYSE
$5B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of various products for home. The last earnings update was 30 days ago. More info.


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WSM Share Price and Events
7 Day Returns
0.9%
NYSE:WSM
2.7%
US Specialty Retail
0.6%
US Market
1 Year Returns
6.9%
NYSE:WSM
7.2%
US Specialty Retail
4.7%
US Market
WSM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Williams-Sonoma (WSM) 0.9% 6.8% 15.8% 6.9% 22.2% -6.5%
US Specialty Retail 2.7% 7.3% -1.6% 7.2% 29.2% 54%
US Market 0.6% 4.3% 2.6% 4.7% 38% 43.5%
1 Year Return vs Industry and Market
  • WSM matched the Specialty Retail industry (7.2%) over the past year.
  • WSM outperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
WSM
Industry
5yr Volatility vs Market

WSM Value

 Is Williams-Sonoma undervalued based on future cash flows and its price relative to the stock market?

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Williams-Sonoma.

NYSE:WSM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 23 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:WSM
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 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.838 (1 + (1- 21%) (32.4%))
1.035
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.035 * 5.96%)
8.9%

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.

NYSE:WSM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.9%)
2020 348.43 Analyst x7 319.96
2021 394.53 Analyst x8 332.69
2022 423.30 Analyst x1 327.79
2023 153.60 Analyst x1 109.22
2024 478.30 Analyst x1 312.33
2025 480.52 Est @ 0.46% 288.14
2026 486.01 Est @ 1.14% 267.62
2027 493.89 Est @ 1.62% 249.73
2028 503.53 Est @ 1.95% 233.81
2029 514.54 Est @ 2.19% 219.40
Present value of next 10 years cash flows $2,660.68
NYSE:WSM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $514.54 × (1 + 2.73%) ÷ (8.9% – 2.73%)
$8,570.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $8,570.26 ÷ (1 + 8.9%)10
$3,654.34
NYSE:WSM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,660.68 + $3,654.34
$6,315.02
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6,315.02 / 78.60
$80.34
NYSE:WSM Discount to Share Price
Calculation Result
Value per share (USD) From above. $80.34
Current discount Discount to share price of $65.44
= -1 x ($65.44 - $80.34) / $80.34
18.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Williams-Sonoma is available for.
Intrinsic value
19%
Share price is $65.44 vs Future cash flow value of $80.34
Current Discount Checks
For Williams-Sonoma to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Williams-Sonoma's share price is below the future cash flow value, but not 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?
Raw Data
NYSE:WSM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-05) in USD $4.25
NYSE:WSM Share Price ** NYSE (2019-07-12) in USD $65.44
United States of America Specialty Retail Industry PE Ratio Median Figure of 62 Publicly-Listed Specialty Retail Companies 15.4x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 18.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Williams-Sonoma.

NYSE:WSM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WSM Share Price ÷ EPS (both in USD)

= 65.44 ÷ 4.25

15.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Williams-Sonoma is good value 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?
Raw Data
NYSE:WSM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts
4.6%per year
United States of America Specialty Retail Industry PEG Ratio Median Figure of 55 Publicly-Listed Specialty Retail Companies 1.65x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

NYSE:WSM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.39x ÷ 4.6%

3.34x

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?
Raw Data
NYSE:WSM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-05) in USD $14.23
NYSE:WSM Share Price * NYSE (2019-07-12) in USD $65.44
United States of America Specialty Retail Industry PB Ratio Median Figure of 99 Publicly-Listed Specialty Retail Companies 1.34x
United States of America Market PB Ratio Median Figure of 5,237 Publicly-Listed Companies 1.81x
NYSE:WSM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WSM Share Price ÷ Book Value per Share (both in USD)

= 65.44 ÷ 14.23

4.6x

* 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.
X
Value checks
We assess Williams-Sonoma's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. 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

 How is Williams-Sonoma expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

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!
Annual Growth Rate
4.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Williams-Sonoma expected to grow at an attractive rate?
  • 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
Raw Data
NYSE:WSM Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:WSM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 4.6%
NYSE:WSM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 2.6%
United States of America Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
United States of America Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
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
Raw Data
NYSE:WSM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:WSM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-01-31 6,456 231 452 1
2023-01-31 6,285 516 408 2
2022-01-31 6,061 180 381 6
2021-01-31 5,882 575 372 23
2020-01-31 5,766 525 359 23
NYSE:WSM Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Williams-Sonoma's earnings are expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
  • Williams-Sonoma's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:WSM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below

All data from Williams-Sonoma Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WSM Future Estimates Data
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 5.22 5.44 4.99 4.00
2021-01-31 4.87 5.07 4.60 12.00
2020-01-31 4.55 4.74 4.34 11.00
NYSE:WSM Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Williams-Sonoma is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Williams-Sonoma's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Williams-Sonoma's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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 11.1%).
Earnings and Revenue History
Williams-Sonoma's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Williams-Sonoma Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WSM Past Revenue, Cash Flow and Net Income Data
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
2012-07-29 3,827.22 240.10 1,106.02

*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).
X
Past performance checks
We assess Williams-Sonoma's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Williams-Sonoma's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Williams-Sonoma Company Filings, last reported 2 months ago.

NYSE:WSM Past Debt and Equity Data
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
2012-07-29 1,210.47 7.07 336.55
  • Williams-Sonoma's level of debt (26.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.3% vs 26.7% today).
  • 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).
X
Financial health checks
We assess Williams-Sonoma's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Williams-Sonoma has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
2.93%
Current annual income from Williams-Sonoma dividends. Estimated to be 3.07% next year.
If you bought $2,000 of Williams-Sonoma shares you are expected to receive $59 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Williams-Sonoma's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
  • Williams-Sonoma's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Upcoming dividend payment

Purchase Williams-Sonoma before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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.
Raw Data
NYSE:WSM Annualized Past and Future Dividends
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 23 Analyst Estimates (S&P Global) See Below
United States of America Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2018 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:WSM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-01-31 2.28 1.00
2023-01-31 2.21 2.00
2022-01-31 2.12 7.00
2021-01-31 2.00 14.00
2020-01-31 1.90 13.00
NYSE:WSM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-21 1.920 3.019
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).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Williams-Sonoma's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

 What is the CEO of Williams-Sonoma's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Laura Alber
COMPENSATION $27,254,166
AGE 50
TENURE AS CEO 9.2 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:

7
Average Tenure
50
Average Age
  • 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

TITLE
CEO, President & Director
COMPENSATION
$27M
AGE
50
TENURE
9.2 yrs

Julie Whalen

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
48
TENURE
7 yrs

Janet Hayes

TITLE
President of Williams Sonoma Brand
COMPENSATION
$5M
AGE
51
TENURE
9.5 yrs

Marta Benson

TITLE
President of Pottery Barn Brand
COMPENSATION
$5M
AGE
56

Alex Bellos

TITLE
President of WEST ELM Brand
COMPENSATION
$4M
AGE
34

Dean Miller

TITLE
Executive VP & COO
COMPENSATION
$1M
AGE
56
TENURE
5 yrs

Yasir Anwar

TITLE
Chief Technology Officer
TENURE
1.4 yrs

Elise Wang

TITLE
Vice President of Investor Relations

David King

TITLE
Executive VP
AGE
50
TENURE
8.5 yrs

Felix Carbullido

TITLE
Executive VP & Chief Marketing Officer
TENURE
5 yrs
Board of Directors Tenure

Average tenure and age of the Williams-Sonoma board of directors in years:

2.2
Average Tenure
56
Average Age
  • 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

TITLE
Chairman
COMPENSATION
$730K
AGE
77
TENURE
9.2 yrs

Laura Alber

TITLE
CEO, President & Director
COMPENSATION
$27M
AGE
50
TENURE
9.5 yrs

Sabrina Simmons

TITLE
Independent Director
COMPENSATION
$300K
AGE
56
TENURE
4.5 yrs

Christiana Shi

TITLE
Independent Director
COMPENSATION
$274K
AGE
59
TENURE
2.2 yrs

Grace Puma

TITLE
Independent Director
COMPENSATION
$249K
AGE
56
TENURE
2.2 yrs

Frits van Paasschen

TITLE
Independent Director
COMPENSATION
$246K
AGE
58
TENURE
2.2 yrs

Bob Lord

TITLE
Independent Director
COMPENSATION
$251K
AGE
56
TENURE
1.8 yrs

Anne Mulcahy

TITLE
Independent Director
COMPENSATION
$118K
AGE
67
TENURE
0.8 yrs

Scott Dahnke

TITLE
Independent Director
AGE
54
TENURE
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
X
Management checks
We assess Williams-Sonoma's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

Have 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 -

Is 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 -

Is 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 -

How 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 -

How 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 -

Williams-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 -

Williams-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 -

Did 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 -

Have 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 -

WSM 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
$5,143,804,271
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
Staff numbers
19,800
Williams-Sonoma employees.
Industry
Homefurnishing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/14 00:00
End of day share price update: 2019/07/12 00:00
Last estimates confirmation: 2019/07/12
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.