Urban Outfitters Inc. (URBN) intrinsic value & 10-year financials
Urban Outfitters Inc. (URBN) has a Graham intrinsic value of $106.95 per share. At $86.57 on Oct 17, 2026, the stock trades 19% below that value. Over the last 10 fiscal years revenue grew 6.3% a year to $6.2B, with an average return on invested capital of 11.3%.
- Graham intrinsic value
- $106.95
- Share price (Oct 17, 2026)
- $86.57
- Price vs Graham value
- 19% below
- Market cap
- $7.9B
- Revenue (FY2026)
- $6.2B
- Revenue growth (10-yr CAGR)
- 6.3%
- ROIC (10-yr avg)
- 11.3%
- Free cash flow (FY2026)
- $315.0M
URBN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $6.2B | $464.9M | $5.06 | $315.0M | 9.8% | 14.5% |
| FY2025 | $5.6B | $402.5M | $4.26 | $320.3M | 8.5% | 13.1% |
| FY2024 | $5.2B | $287.7M | $3.05 | $309.8M | 7.2% | 10.6% |
| FY2023 | $4.8B | $159.7M | $1.70 | -$56.8M | 4.7% | 6.6% |
| FY2022 | $4.5B | $310.6M | $3.13 | $96.9M | 9.0% | 13.5% |
| FY2021 | $3.4B | $1.2M | $0.01 | $126.6M | 0.1% | 0.1% |
| FY2020 | $4.0B | $168.1M | $1.67 | $56.5M | 5.8% | 6.9% |
| FY2019 | $4.0B | $298.0M | $2.72 | $331.7M | 9.7% | 21.1% |
| FY2018 | $3.6B | $108.3M | $0.96 | $219.2M | 7.2% | 9.9% |
| FY2017 | $3.5B | $218.1M | $1.86 | $271.5M | 9.5% | 16.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
URBAN OUTFITTERS INC has demonstrated mature, steady growth, with revenue compounding at 6.3% annually over the past decade.
URBAN OUTFITTERS INC returns on capital have been average, hovering around 11.3% ROIC over the decade.
Over the decade, URBAN OUTFITTERS INC shows that management has aggressively returned capital to shareholders by retiring 21.7% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, URBAN OUTFITTERS INC is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $106.95 per share.