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NASDAQ · OPHTHALMIC GOODS · LARGE CAP

National Vision Holdings, Inc. EYE

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.0B
▲ 9.0% YoY
$29.6M
$73.5M
▲ 92.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Within its store brands, National Vision primarily offers two products and one service: eyeglasses, contact lenses and eye exams. As of January 3, 2026, it reached customers through a portfolio of 1,250 retail stores across four brands, its associated omni-channel consumer websites, and its dedicated e-commerce consumer website, DiscountContacts.com. As of January 3, 2026, it had 13,138 full-time and part-time associates, including 635 directly employed optometrists. It operates under one reportable segment, its Owned & Host segment, which includes its two owned brands, America's Best Contacts and Eyeglasses and Eyeglass World, as well as its Host brands, Vista Optical locations within select Fred Meyer stores and Vista Optical locations on select military bases. Its 122 Eyeglass World locations offer eye exams provided by optometrists employed either by the company or by independent professional corporations or similar entities, and have on-site laboratories that enable stores to fulfill certain customer orders and make repairs on site. It has two Host brands, consisting of 53 Vista Optical locations on military bases and 18 Vista Optical locations within select Fred Meyer stores as of January 3, 2026.

Written from the business description in National Vision Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth

USD 2.0B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.0 · Net income 0.0
1B2B
20152018202120242025
Compound annual growth
+6.5%
+3.0%
+6.5%
−11.1%
−4.0%
+23.4%
−10.7%
−3.4%
+20.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 3.0% · Net 1.5%
5%-1%-2%-3%
201520202025
ROE
FY2025 · ROE 3.5%
5%10%-2%-4%-6%
201520202025
Three returns, three denominators.

Each USD of equity produced 4 cents of profit this year.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 73.5
100M200M
201520202025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks -0.2
100M200M-150M-300MDividendsNet buybacks
201520172019202120232025

Total assetsUSD 2.0B
EquityUSD 869.5M
CashUSD 38.7M
Gross debtUSD 236.5M
Net debtUSD 197.8M
Current ratio0.55×

Net debt stands at 23% of equity.

The 11-year record

11 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
EYE, 11-year financial record
Metric 20252024202320222021202020192018201720162015
Revenue $B2.01.81.81.62.11.71.71.51.41.21.1
Operating income $B0.1−0.00.00.10.20.10.10.00.10.10.0
EBITDA $B◌◌◌◌◌◌◌◌0.10.10.1
Income tax $B0.00.00.00.00.00.0−0.0−0.0−0.00.00.0
Net income $B0.0−0.0−0.10.00.10.00.00.00.00.00.0
Free cash flow $B0.10.00.10.00.20.20.10.0−0.00.00.0
EPS, diluted $0.37−0.36−0.840.521.430.440.400.300.700.230.06
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout %——————0039604027
ROE %3.5−3.5−7.64.614.04.34.33.48.23.40.9
Shares out B0.080.080.080.080.080.080.080.080.070.06◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 42 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityOphthalmic Goods
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 2
Data on record since2015

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