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YETI

YETI Holdings, Inc.

YETI

YETI Holdings, Inc. • NYSE
$41.48 ▼ -0.05% (-0.02)
Market Cap $3.42 B
52w High $45.25
52w Low $26.61
Dividend Yield 0%
P/E 21.6
Volume 659.10K
Outstanding Shares 82.40M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $487.766M ▲ $218.169M ▲ $39.4M ▼ 8.078% ▼ $0.49 ▼ $66.948M ▼
Q2-2025 $445.892M ▲ $195.545M ▲ $51.151M ▲ 11.472% ▲ $0.62 ▲ $75.169M ▲
Q1-2025 $351.128M ▼ $180.051M ▼ $16.609M ▼ 4.73% ▼ $0.2 ▼ $34.823M ▼
Q4-2024 $546.54M ▲ $243.934M ▲ $53.154M ▼ 9.726% ▼ $0.63 ▼ $94.988M ▲
Q3-2024 $478.44M $208.092M $56.284M 11.764% $0.66 $81.724M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $164.483M ▼ $1.26B ▼ $557.586M ▲ $702.556M ▼
Q2-2025 $269.673M ▲ $1.303B ▲ $500.312M ▲ $802.732M ▲
Q1-2025 $259.042M ▼ $1.238B ▼ $473.604M ▼ $764.262M ▲
Q4-2024 $358.795M ▲ $1.286B ▲ $546.013M ▲ $740.107M ▼
Q3-2024 $280.464M $1.273B $503.206M $769.981M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $39.4M ▼ $100.94M ▲ $-50.156M ▼ $-153.824M ▼ $-105.19M ▼ $89.111M ▲
Q2-2025 $51.151M ▲ $61.195M ▲ $-15.576M ▼ $-33.897M ▼ $10.631M ▲ $56.762M ▲
Q1-2025 $16.609M ▼ $-80.296M ▼ $-15.51M ▲ $-6.471M ▲ $-99.753M ▼ $-95.806M ▼
Q4-2024 $53.154M ▼ $225.58M ▲ $-44.401M ▼ $-101.7M ▼ $78.331M ▲ $181.179M ▲
Q3-2024 $56.284M $83.52M $-14.612M $-1.715M $67.527M $73.815M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Coolers And Equipment
Coolers And Equipment
 $180.00M ▲$140.00M ▼$200.00M ▲$220.00M ▲
Drinkware
Drinkware
 $360.00M ▲$210.00M ▼$240.00M ▲$260.00M ▲
Product and Service Other
Product and Service Other
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement YETI’s income statement shows a business that has grown steadily while repairing profitability after a soft patch. Revenue has climbed each year, helped by both new products and a stronger direct-to-consumer mix. Profit margins dipped a few years ago as costs rose and growth investments ramped up, but operating and net profits have since improved and are now back on a healthier trajectory. Earnings per share tell a similar story: a temporary step down followed by a solid recovery. Overall, the business looks resilient, but as a premium consumer brand YETI still depends heavily on discretionary spending and needs to keep pricing power and cost discipline to protect margins.

Balance Sheet

Balance Sheet The balance sheet is a relative strength. Total assets have grown meaningfully over time, and shareholder equity has steadily increased, which suggests the company is building value rather than just treading water. Debt levels are modest compared with the size of the business, and cash on hand is solid, giving YETI flexibility to invest, weather downturns, or integrate acquisitions like Mystery Ranch. The main watchpoint is how working capital is managed—especially inventory and receivables in a seasonal, product-heavy business—but overall the financial foundation looks conservative and stable for a consumer brand at this stage.

Cash Flow

Cash Flow YETI consistently generates positive cash from its operations, although the amounts have moved up and down year-to-year as demand, inventory, and costs shifted. Even in weaker years, the business still produced cash, which is an encouraging sign. Free cash flow has remained positive throughout the period, meaning the company is funding its own growth and capital spending without leaning heavily on borrowing or new equity. Investment spending has been steady but not excessive, supporting store growth, digital capabilities, and product development while leaving room for cash accumulation. The main risk to watch is any sustained drop in operating cash flow if consumer demand softens or if inventory management becomes less efficient.

Competitive Edge

Competitive Edge YETI occupies a strong niche as a premium outdoor and lifestyle brand rather than just a cooler or drinkware manufacturer. Its edge rests on brand power, durability, and design, all wrapped in an aspirational “rugged outdoor” identity. Loyal customers, strong word-of-mouth, and an active community give it a level of emotional connection that is hard for rivals to copy. Legal protection around designs and trademarks further defends its space. At the same time, the market is crowded with cheaper alternatives and large competitors trying to move up-market. YETI’s premium pricing strategy works as long as consumers continue to see the products as special, differentiated, and worth paying up for. Any erosion in brand heat or quality perception would be a key risk.

Innovation and R&D

Innovation and R&D Innovation is central to YETI’s story. The company invests in materials, insulation, and hardware that make its products feel overbuilt and long-lasting, from rotomolded coolers to high-performance zippers and insulated drinkware. A dedicated innovation center and a healthy product pipeline—ranging from new coolers and drinkware formats to bags, packs, outdoor furniture, and cooking gear—help keep the brand fresh and extend it into adjacent categories. The acquisition of Mystery Ranch deepens its expertise in technical packs and broadens its reach. The opportunity is to keep expanding thoughtfully without diluting the core brand; the risk is overextending into too many categories or missing the mark on new launches, which could weaken the premium aura.

Summary

Putting it all together, YETI looks like a growing premium brand with a sound financial base and a clear identity. Revenue and profits have trended upward over time, with margins recovering after a period of cost pressure. The balance sheet is relatively conservative, cash generation is solid, and growth has been largely self-funded. On the strategic side, YETI’s brand strength, loyal customer base, and continuous innovation give it meaningful advantages, supported by direct-to-consumer expansion and entry into new product categories and geographies. Key uncertainties revolve around the sensitivity of demand to economic slowdowns, ongoing competitive pressure from copycats and large brands, and the execution risk of expanding into new markets and integrating acquisitions. How well YETI manages its brand prestige, pricing power, and innovation engine will likely be the main drivers of its longer-term trajectory.

NEWS

November 25, 2025 · 8:00 AM UTC

YETI Holdings, Inc. Announces Participation in Upcoming Investor Conferences

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November 13, 2025 · 10:31 AM UTC

KANE Footwear Announces the Yeti as its Newest Athlete and Ambassador

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November 6, 2025 · 6:00 AM UTC

YETI Reports Third Quarter 2025 Results

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October 16, 2025 · 8:00 AM UTC

YETI Holdings, Inc. Announces Reporting Date for Third Quarter Fiscal 2025 Financial Results

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September 15, 2025 · 4:30 PM UTC

Harley-Davidson, Inc. Announces Appointment of Two New Independent Directors

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