JILLJ.Jill, Inc.
Is the business good?
The checks split: earnings fully cash-backed (1.9×), but margins compressing.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
A balanced mix of margins, efficiency, and leverage. ROE 21% = margin × turnover × leverage.
Unless marked, from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is JILL?
J.Jill, Inc. earns 28% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 19 points above what the capital costs: growth creates value
- Operating margin
- 8.1%
Operating margin · Apparel Retail median 8.0% · 12 months to Q2 2026
- Cash conversion
- 1.94×
Cash conversion · 1.20× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- −1.5%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −38% |
| FY2021 | 10% |
| FY2022 | 13% |
| FY2023 | 14% |
| FY2024 | 12% |
| FY2025 | 8.5% |
Details›
- Gross margin12 months to Q2 2026
- 70%
- Operating margin12 months to Q2 2026
- 8.1%
- Net margin12 months to Q2 2026
- 4.6%
- Free cash flow margin
- 8.3%
- Revenue, trailing twelve months
- $588M
- Free cash flow, trailing twelve months
- $49M
- Net income, trailing twelve months
- $27M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 28%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.