Urban Outfitters, Inc.URBN
NasdaqGS•Consumer Cyclical•Apparel Retail
Urban Outfitters, Inc. offers lifestyle products and services in the United States and internationally. The company operates through three segments: Retail, Wholesale, and Subscription. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, furniture, home décor, and beauty and wellness products, as well as gifts and decorative items for women aged 28 to 45. The company also operates Terrain stores that provide lifestyle home products, garden and outdoor living products, antiques, live plants, flowers, wellness products, and accessories. In addition, it operates Free People retail stores, which offer casual women's apparel, intimates, activewear, shoes, accessories, home products, gifts, and beauty and wellness products for young women aged 25 to 30; and restaurants and event venues, as well as women's apparel subscription rental service under the Nuuly brand. Further, the company designs, develops, and markets young women's contemporary casual apparel, intimates, activewear, and shoes under the Free People and FP Movement brands; and apparel collections under the Urban Outfitters brand. It serves its customers directly through retail stores, websites, mobile applications, catalogs and customer contact centers, franchisee-owned stores, and department and specialty stores, as well as social media and third-party digital platforms. Urban Outfitters, Inc. was founded in 1970 and is based in Philadelphia, Pennsylvania.
Urban Outfitters, Inc. (URBN) reported trailing twelve months revenue of $6.32B as of April 2026, a 11.2% increase year-over-year. Quarterly revenue reached $1.48B, reflecting continued top-line momentum.
Urban Outfitters, Inc. generated $472.28M in TTM net income, with quarterly EBITDA of $139.68M. The operating margin contracted from 9.6% to 9.4%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (9.4%) and net margin (7.8%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 8.1% a year ago, reflecting increased costs or interest expense.
URBN trades at a P/E of 14.3x (below the broader market average) and a P/S of 1.1x. The price-to-book ratio of 2.6x reflects a moderate premium to book value.
The company reported negative free cash flow of $-177.76M, indicating cash consumption over the period. The balance sheet shows $4.76B in total assets with no in long-term debt against $2.61B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~9.6% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE averages 16.7% but has fluctuated — the competitive advantage may be cyclical or emerging.
Only 4 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
TTM revenue has grown consistently (7 of 7 quarters up), with ~18.7% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~9.8% — no sign of cost or pricing stress.
Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Shares decreased 6.0% — net buybacks are reducing shares outstanding and boosting per-share value.