FIVE Five Below margins

Relative Growth: Rel. Growth: 99

Relative Strength: Rel. Strength: 77

Relative Valuation: Rel. Valuation: 77

Relative Profitability: Rel. Profitability: 85

Gross margin

40.3%

Operating margin

14.7%

EBITDA margin

19.2%

Net margin

11.7%

Based on the latest figures, Five Below reports a gross margin of 40.3%, an operating margin of 14.7%, an EBITDA margin of 19.2%, and a net margin of 11.7%. Operating margin had the largest improvement, expanding by 6.4 percentage points, while the other available margins also increased.

FIVE margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Five Below recorded average margins of 35.89% gross, 9.96% operating, 14.44% EBITDA, and 7.81% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

FIVE margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 6.4 percentage points.

Gross margin expansion

5.2pp

Operating margin expansion

6.4pp

EBITDA margin expansion

6.2pp

Net margin expansion

5.2pp

FIVE Gross margin

Over the last 3 years, the average gross margin for Five Below was 35.89%. The latest gross margin for Five Below is 40.3%, 4.4 percentage points above its three-year average. Five Below's gross margin ranged from a low of 34.9% in Feb 2025 to a high of 40.3% in Aug 2026.

FIVE Operating margin

The average operating margin for Five Below was 9.96% during the last 3 years. The latest operating margin for Five Below is 14.7%, 4.7 percentage points above its three-year average. The operating margin for Five Below moved between 8.3% in Aug 2025 and 14.7% in Aug 2026.

FIVE EBITDA margin

The average EBITDA margin for Five Below was 14.44% in the last 3 years. As of the latest period, the current EBITDA margin for Five Below is 19.2%, 4.8 percentage points above its three-year average. The EBITDA margin for Five Below moved between 13% in Aug 2025 and 19.2% in Aug 2026.

FIVE Net margin

Across the last 3 years, Five Below recorded an average net margin of 7.81%. Against its three-year average, Five Below's net margin is currently 11.7%, 3.9 percentage points above its three-year average. The highest net margin for Five Below was 11.7% in Aug 2026, while the lowest was 6.5% in Feb 2025.

FIVE margin group comparison

Margins compared with peer-group, industry and sector averages

Five Below's gross margin of 40.3% is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 36.2%, Five Below's gross margin is 11% higher.

FIVE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Five Below's gross margin?

The current gross margin for FIVE is 40.3% as of Aug 1, 2026.

What is Five Below's operating margin?

The current operating margin for FIVE is 14.7% as of Aug 1, 2026.

What is Five Below's EBITDA margin?

For the period ending Aug 1, 2026, FIVE recorded an EBITDA margin of 19.2%.

What is Five Below's net margin?

As of Aug 1, 2026, FIVE has a net margin of 11.7%.

What are the average margins of FIVE?

Five Below's average margins over the last 3 years were 35.9% gross, 10.0% operating, 14.4% EBITDA, and 7.8% net.

What are the highest historical margins of FIVE?

Five Below's highest recorded margins during the past 5 years were 40.3% gross in Aug 2026, 14.7% operating in Aug 2026, 19.2% EBITDA in Aug 2026, and 11.7% net in Aug 2026.

What are the lowest historical margins of FIVE?

Within the 5-year period, FIVE recorded its lowest margins at 34.9% gross in Feb 2025, 8.3% operating in Aug 2025, 13% EBITDA in Aug 2025, and 6.5% net in Feb 2025.