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SharkNinja

SN on NYSE. SharkNinja sells small household appliances under Shark and Ninja brands to consumers worldwide. Market value $25.7bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Good business, but not cheap right now

Why it could be worth it

What to watch out for

See cheaper Retail & consumer stocks on the list

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
3.1%fair

For every $100 of what the whole company costs, it produced $3.09 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
27.3×full

You pay 27.3 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
21.7%five-year median

Each dollar kept in the business earns 22 cents a year. Above 10 is good.

Quality score: 85 of 100. Price score: 37 of 100. Our list needs 70 on quality and 60 on price.

$184.72 a share, 122% above its 1-year low

Over the past year the price has ranged from $83.12 to $194.54.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.2
0.3
0.5
0.8
20232024202512 monthsto Jun '26

Spare cash swings from quarter to quarter here: $805 million in the past 12 months, $487 million in the year to December 2025.

Revenue
$4.3bn$5.5bn$6.4bn
Operating margin
8.8%11.7%14.4%
Debt to equity
0.540.400.28
Shares outstanding
0.14bn0.14bn0.14bn

Health checks

  • Free cash flow positive3 of 3 years
  • Accounting looks honest (Beneish)Watch
  • Financial strength (Piotroski)6 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.28× equity
  • Revenue growth, five yearsUnknown
  • Buying back its own sharesRoughly flat

Dates

Next results (estimated)
n/a
Last annual report (10-K)
2 March 2026
Next quarterly (estimated, 10-Q)
4 November 2026

Who owns it

9 long-term investors we follow own it, down from 11 last quarter. 564 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

  • CJ Xuning Wang
    Passive investor
    at least 39.1%+0.4 pts
    (filed with 2 related holders)
    Since 30 June 2026
  • JS&W Global Holding Limited Partnership
    Passive investor
    at least 37.8%+5.0 pts
    (filed with 1 related holder)
    Since 31 December 2025
  • FMR LLC
    Passive investor
    at least 14.8%+2.7 pts
    (filed with 1 related holder)
    Since 30 September 2025
  • BlackRock, Inc.
    Passive investor
    5.1%
    Since 30 June 2026

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 6 sold $600m, $159m of it under preset trading plans.

  • Shah Neil B.
    Chief Commercial Officer
    Sold
    Date
    26 August 2026
    Shares
    50,000
    Price
    $186.36
    Value
    $9m
  • Feld Peter
    Director
    Sold
    Date
    20 August 2026
    Shares
    5,000
    Price
    $180.00
    Value
    $900,000
  • Shah Neil B.
    Chief Commercial Officer
    Sold
    Date
    10 August 2026
    Shares
    20,333
    Price
    $184.69
    Value
    $4m
  • Quigley Adam
    Chief Financial Officer
    Sold
    Date
    7 August 2026
    Shares
    1,750
    Price
    $183.94
    Value
    $321,902
  • Shah Neil B.
    Chief Commercial Officer
    Sold
    Date
    7 August 2026
    Shares
    29,667
    Price
    $186.76
    Value
    $6m
  • Barrocas Mark
    Chief Executive Officer, Director
    Sold
    under a preset trading plan
    Date
    6 August 2026
    Shares
    250,000
    Price
    $185.00
    Value
    $46m
  • Barrocas Mark
    Chief Executive Officer, Director
    Sold
    under a preset trading plan
    Date
    5 August 2026
    Shares
    250,000
    Price
    $170.00
    Value
    $43m
  • Barrocas Mark
    Chief Executive Officer, Director
    Sold
    under a preset trading plan
    Date
    17 July 2026
    Shares
    250,000
    Price
    $155.01
    Value
    $39m
  • Wang Xuning
    Director
    Sold
    Date
    10 July 2026
    Shares
    2,668,200
    Price
    $150.36
    Value
    $401m
  • Barrocas Mark
    Chief Executive Officer, Director
    Sold
    under a preset trading plan
    Date
    25 June 2026
    Shares
    100,000
    Price
    $145.00
    Value
    $15m

From Form 4 filings: insiders must report trades in their own company's shares within two days.

What could go wrong

  • It isn't cheap on profits: 27.3× operating profit.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.