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Five Below, Inc. (FIVE) Fundamental Analysis & AI Grade 2026

FIVE Nasdaq Retail-Variety Stores PA CIK: 0001177609
Recently Updated • Analysis: Jun 5, 2026 • SEC Data: 2026-05-02
Combined AI Grade
A
81% Confidence
STRONG AGREEMENT
A
78% Conf
A
84% Conf

📊 FIVE Key Takeaways

Revenue: $1.3B
Net Margin: 9.6%
Free Cash Flow: $190.0M
Current Ratio: 2.10x
Debt/Equity: 0.00x
EPS: $2.21
AI Grade: A with 78% confidence
Five Below, Inc. (FIVE) receives a A fundamental grade with 81% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.3B, net profit margin of 9.6%, and return on equity (ROE) of 5.3%, Five Below, Inc. demonstrates strong fundamentals in the Consumer sector. Below is our complete FIVE stock analysis for 2026.

Is Five Below, Inc. (FIVE) a Good Investment?

Claude

Five Below demonstrates strong fundamental growth with revenue expanding 22.9% YoY and EPS surging 40.7%, supported by exceptional cash generation (14.8% FCF margin) and a pristine balance sheet with $638.9M cash, zero debt, and 2.1x current ratio. However, low ROE (5.3%) and ROA (2.4%) reveal capital inefficiency, with operating expenses consuming a substantial portion of its strong 56.2% gross margin, warranting monitoring of operational leverage improvements.

ChatGPT

Five Below shows strong fundamental momentum, with revenue up 22.9%, net income up 41.4%, and diluted EPS up 40.7%, indicating that growth is translating into materially higher profitability. The balance sheet is very healthy with no meaningful long-term debt, strong liquidity, and solid free cash flow generation, which supports continued store expansion and operating flexibility. Overall, the business appears fundamentally strong, though its relatively thin retail margins and execution dependence keep it short of the highest conviction tier.

Five Below, Inc. Key Strengths (FIVE)

Claude
  • + Strong topline growth of 22.9% YoY with aggressive EPS expansion of 40.7%
  • + Fortress balance sheet: $638.9M cash, zero debt, 2.1x current ratio, and 225.8x interest coverage
  • + Exceptional free cash flow generation of $190.0M (14.8% FCF margin) demonstrates quality of earnings
  • + Healthy gross margin of 56.2% indicates pricing power and efficient merchandising
  • + Positive operating cash flow of $227.2M well above net income of $123.1M
ChatGPT
  • + Strong top-line and earnings growth with net income and EPS rising faster than revenue
  • + Healthy financial position supported by $723.70M in cash, a 2.01x current ratio, and effectively no leverage
  • + Good cash generation with $586.43M in operating cash flow and $411.69M in free cash flow

FIVE Stock Risks: Five Below, Inc. Investment Risks

Claude
  • ! Depressed ROE (5.3%) and ROA (2.4%) signal capital inefficiency despite strong profitability metrics
  • ! Operating margin of 12% significantly lags gross margin of 56.2%, suggesting elevated SG&A or operating expenses consuming margins
  • ! High insider trading activity (27 Form 4 filings in 90 days) requires scrutiny to determine if executives are reducing holdings
  • ! Retail sector exposure to consumer discretionary spending and potential economic slowdown
  • ! Limited visibility on sustainability of 22.9% revenue growth rate in mature retail markets
ChatGPT
  • ! Retail margins remain relatively thin, leaving profitability sensitive to freight, labor, and merchandise cost pressure
  • ! Growth quality depends on continued successful store expansion and sustained customer demand in a discretionary retail category
  • ! Any slowdown in comparable sales or inventory missteps could pressure gross margin and earnings leverage

Key Metrics to Watch

Claude
  • * Operating margin expansion and SG&A efficiency improvements
  • * Return on equity and return on assets trajectory and capital deployment
  • * Free cash flow sustainability relative to revenue growth rate
  • * Same-store sales growth and store count expansion metrics
  • * Insider trading patterns to assess management confidence
ChatGPT
  • * Gross margin trend
  • * Free cash flow conversion

Five Below, Inc. (FIVE) Financial Metrics & Key Ratios

Revenue
$1.3B
Net Income
$123.1M
EPS (Diluted)
$2.21
Free Cash Flow
$190.0M
Total Assets
$5.1B
Cash Position
$638.9M

💡 AI Analyst Insight

Strong liquidity with a 2.10x current ratio provides a solid financial cushion.

FIVE Profit Margin, ROE & Profitability Analysis

Gross Margin 56.2%
Operating Margin 12.0%
Net Margin 9.6%
ROE 5.3%
ROA 2.4%
FCF Margin 14.8%

FIVE vs Consumer Sector: How Five Below, Inc. Compares

How Five Below, Inc. compares to Consumer sector averages

Net Margin
FIVE 9.6%
vs
Sector Avg 8.0%
FIVE Sector
ROE
FIVE 5.3%
vs
Sector Avg 18.0%
FIVE Sector
Current Ratio
FIVE 2.1x
vs
Sector Avg 1.5x
FIVE Sector
Debt/Equity
FIVE 0.0x
vs
Sector Avg 0.8x
FIVE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Five Below, Inc. Stock Overvalued? FIVE Valuation Analysis 2026

Based on fundamental analysis, Five Below, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
5.3%
Sector avg: 18%
Net Profit Margin
9.6%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Five Below, Inc. Balance Sheet: FIVE Debt, Cash & Liquidity

Current Ratio
2.10x
Quick Ratio
1.27x
Debt/Equity
0.00x
Debt/Assets
54.3%
Interest Coverage
225.83x
Long-term Debt
N/A

FIVE Revenue & Earnings Growth: 5-Year Financial Trend

FIVE 5-year financial data: Year 2021: Revenue $2.8B, Net Income $175.1M, EPS $3.12. Year 2022: Revenue $3.1B, Net Income $123.4M, EPS $2.20. Year 2023: Revenue $3.6B, Net Income $278.8M, EPS $4.95. Year 2024: Revenue $3.9B, Net Income $261.5M, EPS $4.69. Year 2025: Revenue $4.8B, Net Income $301.1M, EPS $5.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Five Below, Inc.'s revenue has grown significantly by 67% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.41 reflects profitable operations.

FIVE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.8%
Free cash flow / Revenue

FIVE Quarterly Earnings & Performance

Quarterly financial performance data for Five Below, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $970.5M $41.1M $0.75
Q3 2025 $843.7M $1.7M $0.03
Q2 2025 $830.1M $31.5M $0.60
Q1 2025 $811.9M $31.5M $0.57
Q3 2024 $736.4M $1.7M $0.03
Q2 2024 $759.0M $31.5M $0.60
Q1 2024 $726.2M $31.5M $0.57
Q3 2023 $645.0M $14.6M $0.26

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Five Below, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$227.2M
Cash generated from operations
Capital Expenditures
$37.2M
Investment in assets
Dividends
None
No dividend program

FIVE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Five Below, Inc. (CIK: 0001177609)

📋 Recent SEC Filings

Date Form Document Action
Jun 4, 2026 10-Q five-20260502.htm View →
Jun 3, 2026 8-K five-20260603.htm View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about FIVE

What is the AI rating for FIVE?

Five Below, Inc. (FIVE) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 81% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FIVE's key strengths?

Claude: Strong topline growth of 22.9% YoY with aggressive EPS expansion of 40.7%. Fortress balance sheet: $638.9M cash, zero debt, 2.1x current ratio, and 225.8x interest coverage. ChatGPT: Strong top-line and earnings growth with net income and EPS rising faster than revenue. Healthy financial position supported by $723.70M in cash, a 2.01x current ratio, and effectively no leverage.

What are the risks of investing in FIVE?

Claude: Depressed ROE (5.3%) and ROA (2.4%) signal capital inefficiency despite strong profitability metrics. Operating margin of 12% significantly lags gross margin of 56.2%, suggesting elevated SG&A or operating expenses consuming margins. ChatGPT: Retail margins remain relatively thin, leaving profitability sensitive to freight, labor, and merchandise cost pressure. Growth quality depends on continued successful store expansion and sustained customer demand in a discretionary retail category.

What is FIVE's revenue and growth?

Five Below, Inc. reported revenue of $1.3B.

Does FIVE pay dividends?

Five Below, Inc. does not currently pay dividends.

Where can I find FIVE SEC filings?

Official SEC filings for Five Below, Inc. (CIK: 0001177609) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FIVE's EPS?

Five Below, Inc. has a diluted EPS of $2.21.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is FIVE's fundamental grade?

Based on our AI fundamental analysis in June 2026, Five Below, Inc. has a A grade with 81% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is FIVE stock overvalued or undervalued?

Valuation metrics for FIVE: ROE of 5.3% (sector avg: 18%), net margin of 9.6% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is FIVE's AI grade for 2026?

Our dual AI analysis gives Five Below, Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is FIVE's free cash flow?

Five Below, Inc.'s operating cash flow is $227.2M, with capital expenditures of $37.2M. FCF margin is 14.8%.

How does FIVE compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 9.6% (avg: 8%), ROE 5.3% (avg: 18%), current ratio 2.10 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 5, 2026 | Data as of: 2026-05-02 | Powered by Claude AI