Stocktoria

FIGS, Inc. FIGS

FIGS, Inc. statistics & valuation

P / E56.6×
P / S3.1×
P / B4.4×
P / FCF36.6×
Net margin5.4%
FCF margin8.4%
Return on capital7.8%
Graham number -77.6%$3.23

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($3.23); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
18.90% -2.30% 4.20% 4.10% 0.50% 5.40% 202020212022202320242025
Gross margin (%)
72.30% 71.80% 70.10% 69.10% 67.60% 66.50% 202020212022202320242025
Operating margin (%)
22.00% 2.60% 7.40% 6.20% 0.40% 6.00% 202020212022202320242025
Return on equity (%)
50.90% -3.90% 6.90% 6.00% 0.70% 7.80% 202020212022202320242025
Shares outstanding
163.3M 159.2M 187.5M 182.4M 180.1M 179.5M 202020212022202320242025
Net debt ($)
202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
37.20% -3.10% 5.40% 4.80% 0.50% 5.90% 202020212022202320242025
Free cash flow margin (%)
7.40% 15.20% -8.00% 15.50% 11.50% 8.40% 202020212022202320242025
Debt / equity (×)
202020212022202320242025
EPS ($)
$0.30 -$0.06 $0.11 $0.12 $0.02 $0.19 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FIGS, Inc. trades at about 75.9× earnings — near its 10-year norm (10-year range 48×–284.5×, median 81.4×).

48× 284.5×

Shaded band = 10-year range (48×–284.5×); dot = today's 75.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Gross margin66.5%67.6%69.1%70.1%71.8%72.3%
Operating margin6.0%0.4%6.2%7.4%2.6%22.0%
Net margin5.4%0.5%4.1%4.2%-2.3%18.9%
FCF margin8.4%11.5%15.5%-8.0%15.2%7.4%
Return on assets5.9%0.5%4.8%5.4%-3.1%37.2%
Return on equity7.8%0.7%6.0%6.9%-3.9%50.9%
Current ratio4.944.256.734.994.703.70

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.