Ollie's Bargain Outlet Holdings, Inc.OLLI
NasdaqGM•Consumer Defensive•Discount Stores
Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of closeout merchandise and excess inventory in the United States. The company offers health and beauty aids, food, candy, beverages, pet food and treats, laundry related products, and cleaning supplies; housewares and kitchen items, home decor products, furniture, household essential items, and home maintenance and utility items; patio furniture, air conditioners, fans, space heaters, toys, lawn and garden related products, outdoor items, holiday decor, gifts, and decorations products; books, stationery items, small electronic devices and accessories, clothing, sporting goods, pet products, automotive products, luggage and other general merchandise. It sells its products under the Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands! Real Bargains, Sarasota Breeze, American Way brands. The company was formerly known as Bargain Holdings, Inc. and changed its name to Ollie's Bargain Outlet Holdings, Inc. in March 2015. Ollie's Bargain Outlet Holdings, Inc. was founded in 1982 and is headquartered in Harrisburg, Pennsylvania.
Ollie's Bargain Outlet Holdings (OLLI) reported trailing twelve months revenue of $2.73B as of May 2026, a 16.7% increase year-over-year. Quarterly revenue reached $658.93M, reflecting continued top-line momentum.
Ollie's Bargain Outlet Holdings generated $249.44M in TTM net income, with quarterly EBITDA of $80.84M. The operating margin expanded from 9.7% to 10.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (10.6%) and net margin (8.6%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 8.2% a year ago, signaling stronger bottom-line efficiency.
OLLI trades at a P/E of 18.9x (in line with broad market averages) and a P/S of 1.7x. The price-to-book ratio of 2.5x reflects a moderate premium to book value.
The company generated $20.03M in free cash flow over the trailing twelve months, a 920.7% increase year-over-year, indicating cash generation ability. The balance sheet shows $2.99B in total assets with $1.51M in long-term debt against $1.89B in stockholders equity for a debt-to-equity ratio of 0.0, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~10.9%, suggesting durable pricing power and cost discipline.
ROE is positive at ~12.4% on average, adequate but below the threshold typically associated with wide moats.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~23.2% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~11.2% — no sign of cost or pricing stress.
FCF consistently trails net income (avg 0.4x) — earnings may be inflated by non-cash items or aggressive accounting.
Debt-to-equity has risen 49.7% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation