Stock Analysis on Net

RH (NYSE:RH)

This company has been moved to the archive! The financial data has not been updated since May 26, 2023.

Common-Size Income Statement 

RH, common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018
Net revenues 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -49.53 -50.64 -53.47 -58.64 -60.06 -65.20
Gross profit 50.47% 49.36% 46.53% 41.36% 39.94% 34.80%
Selling, general and administrative expenses -30.35 -24.69 -30.14 -27.66 -28.40 -29.41
Income from operations 20.11% 24.67% 16.39% 13.70% 11.54% 5.38%
Interest expense -4.23 -1.78 -2.48 -3.34 -3.03 -2.59
Interest income 1.07 0.05 0.05 0.05 0.03 0.02
Interest expense, net -3.15% -1.73% -2.43% -3.29% -3.00% -2.56%
(Gain) loss on extinguishment of debt -4.72 -0.78 0.01 -0.24 -0.04 -0.20
Goodwill and tradename impairment 0.00 0.00 -0.72 0.00 -1.28 -1.38
Other expense, net 0.00 -0.07 0.00 0.00 0.00 0.00
Other expenses -7.88% -2.58% -3.14% -3.54% -4.31% -4.15%
Income before income taxes and equity method investments 12.24% 22.09% 13.25% 10.17% 7.23% 1.24%
Income tax (expense) benefit 2.54 -3.55 -3.67 -1.84 -1.22 -1.15
Income before equity method investments 14.78% 18.54% 9.57% 8.32% 6.01% 0.09%
Share of equity method investments losses -0.06 -0.22 -0.03 0.00 0.00 0.00
Net income 14.72% 18.32% 9.54% 8.32% 6.01% 0.09%

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. RH income from operations as a percentage of net revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Income before income taxes and equity method investments Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. RH income before income taxes and equity method investments as a percentage of net revenues increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. RH net income as a percentage of net revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.