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Side-by-side financial comparison of Sally Beauty Holdings, Inc. (SBH) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.
StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $943.2M, roughly 1.3× Sally Beauty Holdings, Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs 4.8%, a 6.7% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 0.6%). Sally Beauty Holdings, Inc. produced more free cash flow last quarter ($57.5M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 1.9%).
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.
StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).
SBH vs SNEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $943.2M | $1.2B |
| Net Profit | $45.6M | $139.0M |
| Gross Margin | 51.2% | — |
| Operating Margin | 8.1% | 15.4% |
| Net Margin | 4.8% | 11.6% |
| Revenue YoY | 0.6% | 81.0% |
| Net Profit YoY | -25.3% | 63.3% |
| EPS (diluted) | $0.45 | $2.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $943.2M | $1.2B | ||
| Q3 25 | $947.1M | $32.7B | ||
| Q2 25 | $933.3M | $851.2M | ||
| Q1 25 | $883.1M | $820.4M | ||
| Q4 24 | $937.9M | $663.1M | ||
| Q3 24 | $935.0M | $31.1B | ||
| Q2 24 | $942.3M | $571.8M | ||
| Q1 24 | $908.4M | $509.2M |
| Q4 25 | $45.6M | $139.0M | ||
| Q3 25 | $49.9M | $85.7M | ||
| Q2 25 | $45.7M | $63.4M | ||
| Q1 25 | $39.2M | $71.7M | ||
| Q4 24 | $61.0M | $85.1M | ||
| Q3 24 | $48.1M | $76.7M | ||
| Q2 24 | $37.7M | $61.9M | ||
| Q1 24 | $29.2M | $53.1M |
| Q4 25 | 51.2% | — | ||
| Q3 25 | 52.2% | 3.7% | ||
| Q2 25 | 51.5% | — | ||
| Q1 25 | 52.0% | — | ||
| Q4 24 | 50.8% | — | ||
| Q3 24 | 51.2% | 3.0% | ||
| Q2 24 | 51.0% | — | ||
| Q1 24 | 51.0% | — |
| Q4 25 | 8.1% | 15.4% | ||
| Q3 25 | 8.4% | 0.3% | ||
| Q2 25 | 8.4% | -1.3% | ||
| Q1 25 | 7.9% | -1.0% | ||
| Q4 24 | 10.7% | -3.2% | ||
| Q3 24 | 8.8% | -0.0% | ||
| Q2 24 | 7.6% | -4.7% | ||
| Q1 24 | 6.6% | -2.5% |
| Q4 25 | 4.8% | 11.6% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 4.9% | 7.4% | ||
| Q1 25 | 4.4% | 8.7% | ||
| Q4 24 | 6.5% | 12.8% | ||
| Q3 24 | 5.1% | 0.2% | ||
| Q2 24 | 4.0% | 10.8% | ||
| Q1 24 | 3.2% | 10.4% |
| Q4 25 | $0.45 | $2.50 | ||
| Q3 25 | $0.49 | $0.72 | ||
| Q2 25 | $0.44 | $1.22 | ||
| Q1 25 | $0.38 | $1.41 | ||
| Q4 24 | $0.58 | $1.69 | ||
| Q3 24 | $0.45 | $2.32 | ||
| Q2 24 | $0.36 | $1.25 | ||
| Q1 24 | $0.27 | $1.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.2M | $1.6B |
| Total DebtLower is stronger | $842.5M | — |
| Stockholders' EquityBook value | $823.6M | $2.5B |
| Total Assets | $2.9B | $47.8B |
| Debt / EquityLower = less leverage | 1.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $157.2M | $1.6B | ||
| Q3 25 | $149.2M | $1.6B | ||
| Q2 25 | $112.8M | $1.3B | ||
| Q1 25 | $92.2M | $1.3B | ||
| Q4 24 | $105.5M | $1.4B | ||
| Q3 24 | $108.0M | $1.3B | ||
| Q2 24 | $97.4M | $1.2B | ||
| Q1 24 | $97.2M | $1.3B |
| Q4 25 | $842.5M | — | ||
| Q3 25 | $862.0M | — | ||
| Q2 25 | $882.4M | — | ||
| Q1 25 | $902.8M | — | ||
| Q4 24 | $938.1M | — | ||
| Q3 24 | $978.3M | — | ||
| Q2 24 | $978.9M | — | ||
| Q1 24 | $978.4M | — |
| Q4 25 | $823.6M | $2.5B | ||
| Q3 25 | $794.2M | $2.4B | ||
| Q2 25 | $762.9M | $2.0B | ||
| Q1 25 | $699.8M | $1.9B | ||
| Q4 24 | $656.5M | $1.8B | ||
| Q3 24 | $628.5M | $1.7B | ||
| Q2 24 | $577.7M | $1.6B | ||
| Q1 24 | $550.9M | $1.5B |
| Q4 25 | $2.9B | $47.8B | ||
| Q3 25 | $2.9B | $45.3B | ||
| Q2 25 | $2.7B | $34.3B | ||
| Q1 25 | $2.7B | $31.3B | ||
| Q4 24 | $2.7B | $29.6B | ||
| Q3 24 | $2.8B | $27.5B | ||
| Q2 24 | $2.7B | $25.9B | ||
| Q1 24 | $2.7B | $25.7B |
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.29× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 1.78× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $93.2M | $-1.3B |
| Free Cash FlowOCF − Capex | $57.5M | $-1.3B |
| FCF MarginFCF / Revenue | 6.1% | -106.4% |
| Capex IntensityCapex / Revenue | 3.8% | 1.3% |
| Cash ConversionOCF / Net Profit | 2.05× | -9.08× |
| TTM Free Cash FlowTrailing 4 quarters | $216.8M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $93.2M | $-1.3B | ||
| Q3 25 | $120.9M | $3.5B | ||
| Q2 25 | $69.4M | $1.5B | ||
| Q1 25 | $51.1M | $-154.5M | ||
| Q4 24 | $33.5M | $-477.8M | ||
| Q3 24 | $110.7M | $192.6M | ||
| Q2 24 | $47.9M | $-622.1M | ||
| Q1 24 | $36.9M | $784.0M |
| Q4 25 | $57.5M | $-1.3B | ||
| Q3 25 | $78.0M | $3.5B | ||
| Q2 25 | $49.1M | $1.5B | ||
| Q1 25 | $32.2M | $-169.8M | ||
| Q4 24 | $13.4M | $-491.4M | ||
| Q3 24 | $73.3M | $175.9M | ||
| Q2 24 | $28.7M | $-640.5M | ||
| Q1 24 | $22.8M | $766.6M |
| Q4 25 | 6.1% | -106.4% | ||
| Q3 25 | 8.2% | 10.7% | ||
| Q2 25 | 5.3% | 173.3% | ||
| Q1 25 | 3.6% | -20.7% | ||
| Q4 24 | 1.4% | -74.1% | ||
| Q3 24 | 7.8% | 0.6% | ||
| Q2 24 | 3.1% | -112.0% | ||
| Q1 24 | 2.5% | 150.5% |
| Q4 25 | 3.8% | 1.3% | ||
| Q3 25 | 4.5% | 0.1% | ||
| Q2 25 | 2.2% | 1.9% | ||
| Q1 25 | 2.1% | 1.9% | ||
| Q4 24 | 2.1% | 2.1% | ||
| Q3 24 | 4.0% | 0.1% | ||
| Q2 24 | 2.0% | 3.2% | ||
| Q1 24 | 1.6% | 3.4% |
| Q4 25 | 2.05× | -9.08× | ||
| Q3 25 | 2.42× | 41.18× | ||
| Q2 25 | 1.52× | 23.52× | ||
| Q1 25 | 1.30× | -2.15× | ||
| Q4 24 | 0.55× | -5.61× | ||
| Q3 24 | 2.30× | 2.51× | ||
| Q2 24 | 1.27× | -10.05× | ||
| Q1 24 | 1.26× | 14.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
SNEX
Segment breakdown not available.
