LANDS' END, Inc. (LE) intrinsic value & 10-year financials
LANDS' END, Inc. (LE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew -0.0% a year to $1.3B, with an average return on invested capital of 1.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $9.85
- Market cap
- $305.7M
- Revenue (FY2026)
- $1.3B
- Revenue growth (10-yr CAGR)
- -0.0%
- ROIC (10-yr avg)
- 1.8%
- Free cash flow (FY2026)
- $20.4M
LE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $1.3B | $5.5M | $0.18 | $20.4M | 3.3% | 6.6% |
| FY2025 | $1.4B | $6.2M | $0.20 | $15.4M | 3.7% | 6.2% |
| FY2024 | $1.5B | -$130.7M | -$4.09 | $95.6M | -5.3% | -14.0% |
| FY2023 | $1.6B | -$12.5M | -$0.38 | -$68.2M | 1.6% | 3.3% |
| FY2022 | $1.6B | $33.4M | $0.99 | $45.3M | 4.9% | 9.0% |
| FY2021 | $1.4B | $10.8M | $0.33 | $61.5M | 2.9% | 5.3% |
| FY2020 | $1.5B | $19.3M | $0.60 | -$11.6M | 3.1% | 6.3% |
| FY2019 | $1.5B | $11.6M | $0.36 | $3.3M | 2.9% | 7.0% |
| FY2018 | $1.4B | $28.2M | $0.88 | -$9.7M | 2.1% | 5.0% |
| FY2017 | $1.3B | -$109.8M | -$3.43 | -$9.6M | -11.4% | -16.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LANDS' END, INC. is facing top-line stagnation, with revenue contracting over the decade.
LANDS' END, INC. has historically struggled to out-earn its cost of capital, averaging just 1.8% ROIC.
LANDS' END, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, LANDS' END, INC. is modeled at -18.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-4.27 per share.