Yeti Holdings (YETI) AI Stock Analysis

• Market Cap: $3.56B
• Dividend Yield: N/A
• Average Volume (3M): 1.36M
• Price to Earnings (P/E): 24.2
• Beta (1Y): 1.20
• Revenue Growth: 1.56%
• EPS Growth: -17.21%
• Country: US
• Employees: 1,340
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.61
• Shares Outstanding: 77,808,110
• 10 Day Avg. Volume: 1,253,006
• 30 Day Avg. Volume: 1,361,615
• PEG Ratio: 3.39
• Price to Book (P/B): 4.52
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 15.22
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 2.09
• Enterprise Value/Gross Profit: 3.62
• Enterprise Value/Ebitda: 14.08
• 1Y Price Target: $46.00
• Price Target Upside: -0.88% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: $52.00 ▲(12.04% Upside)

Yeti Holdings' overall stock score is driven by strong financial performance and a positive outlook from the earnings call, despite some margin pressures and challenges in the U.S. market. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation is reasonable, supporting a favorable long-term perspective.

Positive Factors

Robust revenue growth

A 51.2% TTM revenue growth indicates durable demand momentum for YETI's premium products and expanding market reach. Sustained top-line expansion supports reinvestment in product development and international distribution, strengthening long-term revenue visibility and brand positioning.

Healthy balance sheet

Low leverage (D/E 0.22) and strong ROE (21.3%) provide financial flexibility to fund growth, absorb shocks, and invest in international expansion and innovation. A solid equity base reduces refinancing risk and supports sustainable capital allocation over multiple cycles.

Strong cash generation

Positive FCF growth and near-1.0 operating cash conversion show efficient earnings-to-cash dynamics. Reliable cash generation funds product launches, marketing and international expansion without reliance on external debt, underpinning long-term investment and operational resilience.

Negative Factors

Gross margin compression

A 230bp gross margin decline driven by tariffs and adverse mix suggests structural cost and mix pressures. Persistently lower gross margins reduce operating leverage, constrain reinvestment capacity, and make profitability more sensitive to commodity, tariff, and channel mix shifts over the medium term.

Drinkware category weakness

A sustained decline in Drinkware, driven by promotional intensity and cautious wholesale ordering, risks eroding a core, high-volume category. Continued softness would pressure overall revenue stability and margin mix, requiring marketing, product or channel strategy shifts to restore durable category growth.

U.S. e-commerce conversion weakness

Falling direct-to-consumer conversion implies structural challenges in online customer acquisition or site effectiveness. If persistent, weaker DTC economics raise customer-acquisition costs, limit margin recovery, and complicate efforts to control brand experience and lifetime value across channels.

Yeti Holdings Business Overview & Revenue Model

Company Description

YETI Holdings, Inc. designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, bags, outdoor living, and associated accessories. It also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, jug mounts, and bottle slings under the Rambler brand. In addition, the company offers YETI-branded gear products, such as hats, shirts, bottle openers, and ice substitutes. It sells its products through independent retailers, including outdoor specialty, hardware, sporting goods, and farm and ranch supply stores, as well as through Website. The company operates in the United States, Canada, Australia, New Zealand, Europe, Hong Kong, China, Singapore, and Japan. YETI Holdings, Inc. was founded in 2006 and is headquartered in Austin, Texas.

How the Company Makes Money

Yeti Holdings generates revenue through the sale of its products across various channels, including direct-to-consumer sales through its e-commerce platform and retail stores, as well as through third-party retailers and distributors. Key revenue streams include the sale of coolers, drinkware, and branded accessories. The company's premium pricing strategy allows it to capture higher margins, appealing to a dedicated customer base that values quality and performance. Additionally, YETI has established strategic partnerships with outdoor retailers and distributors, enhancing its market presence and accessibility. Seasonal promotions, new product launches, and collaborations with influencers and outdoor events further contribute to its earnings.

Yeti Holdings Financial Statement Overview

Summary

Yeti Holdings demonstrates strong financial performance with significant revenue growth and effective cash flow management. While profitability margins have experienced some compression, the company maintains a healthy balance sheet with low leverage and strong returns on equity. Overall, Yeti Holdings is well-positioned for continued growth with a solid financial foundation.

Income Statement

Yeti Holdings shows strong revenue growth with a TTM growth rate of 51.2%, indicating robust demand. Gross profit margin remains healthy at 57.8%, although slightly lower than previous years. Net profit margin has decreased to 8.75% from 9.6% in the prior year, reflecting some pressure on profitability. EBIT and EBITDA margins have also declined, suggesting increased operational costs. Overall, the income statement reflects solid growth but with some margin compression.

Balance Sheet

The balance sheet is stable with a manageable debt-to-equity ratio of 0.22, indicating low leverage. Return on equity is strong at 21.3%, showcasing effective use of equity to generate profits. The equity ratio stands at 55.7%, reflecting a solid equity base. Overall, the balance sheet is healthy with low financial risk and strong returns.

Cash Flow

Cash flow analysis reveals a positive trajectory with a 7.08% growth in free cash flow, indicating improved cash generation. The operating cash flow to net income ratio is robust at 0.95, suggesting efficient cash conversion. The free cash flow to net income ratio is 0.75, reflecting good cash flow relative to profits. Overall, cash flow is strong with positive growth and efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.83B	1.83B	1.66B	1.60B	1.41B	1.09B
Gross Profit	1.06B	1.06B	943.19M	763.40M	816.11M	628.80M
EBITDA	271.93M	293.51M	273.32M	160.49M	307.01M	244.77M
Net Income	160.31M	175.69M	169.88M	89.69M	212.60M	155.80M
Balance Sheet
Total Assets	1.26B	1.29B	1.30B	1.08B	1.10B	737.07M
Cash, Cash Equivalents and Short-Term Investments	164.48M	358.80M	438.96M	234.74M	312.19M	253.28M
Total Debt	222.53M	172.50M	176.11M	164.08M	186.41M	178.51M
Total Liabilities	557.59M	546.01M	573.58M	550.29M	578.54M	448.65M
Stockholders Equity	702.56M	740.11M	723.61M	526.48M	517.82M	288.42M
Cash Flow
Free Cash Flow	231.25M	219.55M	213.12M	43.98M	80.76M	343.48M
Operating Cash Flow	307.42M	261.39M	285.94M	100.89M	146.52M	366.43M
Investing Cash Flow	-125.64M	-131.45M	-72.82M	-56.91M	-65.76M	-22.94M
Financing Cash Flow	-295.89M	-209.22M	-13.60M	-122.63M	-23.02M	-163.19M

Yeti Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YETI, the sentiment is Positive. The current price of 46.41 is below the 20-day moving average (MA) of 48.02, above the 50-day MA of 44.94, and above the 200-day MA of 36.17, indicating a neutral trend. The MACD of 0.41 indicates Positive momentum. The RSI at 48.82 is Neutral, neither overbought nor oversold. The STOCH value of 20.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for YETI.

Yeti Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YETI	78 Outperform	$3.56B	24.15	21.77%	―	1.56%	-17.21%
GOLF	70 Outperform	$5.69B	26.51	25.91%	1.15%	4.20%	24.12%
OSW	70 Outperform	$2.00B	27.71	13.53%	0.79%	7.27%	45.12%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JOUT	60 Neutral	$469.49M	-14.13	-7.78%	3.22%	-0.07%	-31.45%
PRKS	53 Neutral	$2.05B	10.95	―	―	-3.27%	-17.93%