SBH Profit Margins - Sally Beauty Holdings, Inc.

Complete source-backed margin history.

Historical Profit Margins

Date	Gross margin	Operating margin	Net margin
2026-06-30	52.41%	9.24%	5.78%
2026-03-31	52.67%	7.96%	4.73%
2025-12-31	51.24%	8.05%	4.83%
2025-09-30	52.17%	8.44%	5.27%
2025-06-30	51.54%	8.38%	4.90%
2025-03-31	51.95%	7.86%	4.44%
2024-12-31	50.84%	10.70%	6.51%
2024-09-30	51.25%	8.80%	5.14%
2024-06-30	51.03%	7.62%	4.00%
2024-03-31	50.98%	6.56%	3.22%
2023-12-31	50.16%	7.42%	4.12%
2023-09-30	50.64%	8.35%	4.62%
2023-06-30	50.99%	9.68%	5.46%
2023-03-31	50.98%	7.77%	4.45%
2022-12-31	51.05%	9.05%	5.26%
2022-09-30	48.16%	4.07%	2.22%
2022-06-30	50.99%	10.32%	4.84%
2022-03-31	51.06%	9.49%	5.14%
2021-12-31	51.02%	11.51%	7.02%
2021-09-30	50.59%	11.23%	6.88%
2021-06-30	50.31%	12.46%	7.45%
2021-03-31	50.44%	8.15%	4.14%
2020-12-31	50.29%	11.15%	6.11%
2020-09-30	51.07%	12.49%	14.78%
2020-06-30	45.63%	0.20%	-3.34%
2020-03-31	49.34%	4.97%	1.53%
2019-12-31	48.44%	9.63%	5.43%
2019-09-30	49.62%	12.02%	7.14%
2019-06-30	49.45%	12.32%	7.30%
2019-03-31	49.51%	11.90%	6.95%
2018-12-31	48.58%	11.09%	6.64%
2018-09-30	49.49%	10.68%	5.71%
2018-06-30	49.52%	10.26%	5.84%
2018-03-31	49.86%	11.39%	6.29%
2017-12-31	48.91%	11.07%	8.37%

Date	Gross margin	Operating margin	Net margin
2025-09-30	51.62%	8.86%	5.29%
2024-09-30	50.86%	7.61%	4.13%
2023-09-30	50.92%	8.72%	4.95%
2022-09-30	50.30%	8.85%	4.81%
2021-09-30	50.41%	10.80%	6.19%
2020-09-30	48.82%	7.36%	5.25%
2019-09-30	49.29%	11.83%	7.01%
2018-09-30	49.44%	10.85%	6.56%
2017-09-30	49.89%	12.15%	5.46%
2016-09-30	49.69%	12.61%	5.64%