FIVE · Nasdaq · Consumer Cyclical
Five Below, Inc. (FIVE) — Rank #193 by gross profitability (GP/assets 0.32) · ROE 14.5% · Piotroski F-Score 7 / 9.
As-of 2026-10-30 · CIK 0001177609 · all metrics point-in-time as of the filing date.
About
Five Below, Inc. operates as a specialty value retailer in the United States.
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It offers assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, gum, and snack food products, as well as sells chilled drinks through coolers; socks, jewelry, hair accessories, cozy loungewear, and t-shirts; personal care essentials, skincare, fragrance, and branded cosmetics; and party goods, decorations, gag gifts, greeting cards, and every day and special occasion merchandise products. The company also provides personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options; assortment of craft activity kits with various arts and crafts supplies, such as markers, paint, canvas, compounds, slime, beads, and stickers; and supplies craft activities and school products. In addition, it offers cell phone cables and chargers, power banks, phone cases and accessories, screen protectors, auto phone accessories, and computer and tablet accessories, as well as earbuds, headphones, and speakers. Further, the company provides assortment of sport balls, sports accessories and fitness products, including hand weights and yoga mats; toys, including brand name board games, puzzles, action figures, construction sets, remote control, collectibles, novelty toys, and plush products; and outdoor toys for the pool and beach. Additionally, it offers seasonally relevant items to use for the occasions and milestones, such as Holiday, Easter, Halloween, Summer, and Back to School. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc.
was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania.
- Industry
- Specialty Retail
- Sector
- Consumer Cyclical
- State
- PA
- Filer Category
- Large accelerated filer
- Fiscal Year End
- January 30
- Website
- fivebelow.com
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
7,800
Industry
Specialty Retail
Exchange
Nasdaq
11/11
Flags passed
FIVE passes 11/11 quality flags
- PASSGross margin holding
- PASSDilution within 2%
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSOperating margin holding
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSNo competitive retreat
- PASSSBC not compressing margin
- PASSNo valuation convergence
Strengths Revenue growth accelerating · Operating leverage expanding · Sequential beat (rev + EPS)
No data Balance sheet — not counted as a pass.
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passRevenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Does it make money well?
No warning flags · GP/assets 0.32
Gross profitability (GP / assets)
0.32
Primary signal (Novy-Marx).
5th of 5 SIC 53 peers
Return on equity
14.5%
Gross margin
36.0%
4th of 5 SIC 53 peers
Revenue growth (YoY)
22.9%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
15.7%
Revenue CAGR (5Y)
19.4%
Earnings CAGR (3Y)
11.1%
FCF CAGR (3Y)
87.0%
Cash Flow Health
Is the cash real?
No warning flags · FCF 15% above net income
Free cash flow
$411.69M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
14.8%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.7%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net cash $1.20B, F-Score 7/9
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.13
5th of 5 SIC 53 peers (best = lowest)
Current ratio
2.22×
4th of 5 SIC 53 peers
Quick ratio
—
Net cash
$1.20B
Cash & equivalents minus total debt.
Piotroski F-Score
7 / 9
Fundamental-strength score (0-9).
Valuation
Is the price reasonable?
No warning flags
Capital allocation quality
Composite score
3.0 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports