RVLVRevolve Group, Inc.
Is the business good?
The checks split: nothing decisive, though margins widening.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is mostly backed by cash. Conversion is worsening vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
A balanced mix of margins, efficiency, and leverage. ROE 12% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is RVLV?
Revolve Group, 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
- 6.0%
Operating margin · Internet Retail median 6.0% · 12 months to Q2 2026
- Cash conversion
- 0.71×
Cash conversion · 1.65× a year ago · most of the operating profit arrived as cash, working capital took the rest
- Share count, year on year
- +0.14%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 11% |
| FY2021 | 12% |
| FY2022 | 6.6% |
| FY2023 | 2.1% |
| FY2024 | 4.5% |
| FY2025 | 6.1% |
Details›
- Gross margin12 months to Q2 2026
- 54%
- Operating margin12 months to Q2 2026
- 6.0%
- Net margin12 months to Q2 2026
- 5.5%
- Free cash flow margin
- 2.1%
- Revenue, trailing twelve months
- $1.31B
- Free cash flow, trailing twelve months
- $28M
- Net income, trailing twelve months
- $73M
- 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.