National Vision Holdings, Inc.EYE

NasdaqHealthcareOphthalmic Goods
Price (close)
$16.41
Market cap
$1.3B
P/E
25.8x
Revenue (TTM)
$2.0B
Net income
$50.3M
Dividend yield
—
1-year total return
-40.1%
Net margin
2.5%
Revenue growth
7.8%
Debt / equity
0.26x

What National Vision Holdings, Inc. does.

National Vision Holdings, Inc., a Delaware corporation, and its consolidated subsidiaries are referred to here as “we,” “our,” “us,” “the Company,” or “National Vision.” National Vision Holdings, Inc. conducts substantially all of its activities through its indirect, wholly-owned subsidiary, National Vision, Inc. (“NVI”), and NVI’s subsidiaries.

We operate under one reportable segment, our Owned & Host segment, which includes our two owned brands, America’s Best Contacts and Eyeglasses (“America’s Best”) and Eyeglass World, as well as our Host brands, Vista Optical locations within select Fred Meyer stores and Vista Optical locations on select military bases. See Part II. Item 8. Note 15. “Segment Reporting” for more information.

We are one of the largest optical retailers in the United States (“U.S.”) and a leader in the value segment of the U.S. optical retail industry. We believe that vision is central to quality of life and that people deserve to see their best to live their best. Our mission is to help people by making quality eye care and eyewear more affordable and accessible. We achieve this by providing eye exams, eyeglasses and contact lenses to consumers across the nation. Our range of quality product offerings at multiple price points makes us an attractive destination for consumers of all income levels. As of January 3, 2026, our 2025 fiscal year end, we reach our customers through a diverse portfolio of 1,250 retail stores across four brands, our associated omni-channel consumer websites, and our dedicated e-commerce consumer website, DiscountContacts.com.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.7B$2.1B$1.6B$1.8B$1.8B$2.0B
Net income$36.3M$128.2M$42.1M-$65.9M-$28.5M$29.6M
Free cash flow$158.2M$163.4M$5.7M$58.3M$38.1M$73.5M

More on EYE.

Figures from National Vision Holdings, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.