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Urban Outfitters

URBN on Nasdaq. Urban Outfitters sells clothes, accessories and home goods to young adults. Market value $7.0bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to July 2026. Quality checks use five annual reports, the latest for the year to January 2026.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Retail & consumer stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to July 2026
4.2%fair

For every $100 of what the whole company costs, it produced $4.22 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to July 2026
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to January 2026
n/a

The filings do not give us enough to work this out.

Quality score: 67 of 100. Price score: 73 of 100. Our list needs 70 on quality and 60 on price.

$81.60 a share, 37% above its 1-year low

Over the past year the price has ranged from $59.54 to $85.43.

Pays no dividend

Prices from Monday’s close (5 October).

Five years of cash, in billions

0.1
-0.1
0.3
0.3
0.3
0.3
2022202320242025202612 monthsto Jul '26
Revenue
$4.5bn$4.8bn$5.2bn$5.6bn$6.2bn
Operating margin
9.0%4.7%7.2%8.5%9.8%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.09bn0.09bn0.09bn0.09bn0.09bn

Health checks

  • Free cash flow positive4 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)8 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • DebtUnknown
  • Revenue growth, five yearsStrong, 12.3% a year
  • Buying back its own sharesYes, 7% fewer since 2022

The quarter to July 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $1.7 billion last quarter, up 10% on a year ago.
  • Profit: $241 million, up 67% on a year ago.
  • It keeps 11 cents of each $1 of sales as operating profit, up from 10 cents a year earlier.
  • Spare cash over the past 12 months: $295 million, down from $399 million.
  • 5% fewer shares than a year ago. Each share owns a bit more of the company.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
October 2024$1.4bn
January 2025$1.6bn
April 2025$1.3bn
July 2025$1.5bn
October 2025$1.5bn
January 2026$1.8bn
April 2026$1.5bn
July 2026$1.7bn
Profit by quarter
Profit by quarter
Quarter toAmount
October 2024$103m
January 2025$120m
April 2025$108m
July 2025$144m
October 2025$116m
January 2026$96m
April 2026$116m
July 2026$241m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
1 April 2026
Next quarterly (estimated, 10-Q)
9 December 2026

Who owns it

3 long-term investors we follow own it, down from 5 last quarter. 418 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%.

  • BlackRock, Inc.
    Passive investor
    8.9%
    Since 30 September 2025
  • FMR LLC
    Passive investor
    at least 5.5%
    (filed with 1 related holder)
    Since 30 September 2025
  • 5.3%+0.5 pts
    Since 30 June 2026
  • David A. Hayne
    Insider or founder
    5.0%
    Since 10 December 2025
    What they said

    Mr. Hayne is filing this Schedule 13D because his percentage beneficial ownership increased as a result of a decrease in the shares outstanding reported by the Issuer. Mr. Hayne did not acquire any additional shares. Mr. Hayne presently has no plans or proposals which relate to…

    Read the filing
  • The Vanguard Group
    Passive investor
    Sold down below 5%
    Since 13 March 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. 7 sold $350m, $347m of it under preset trading plans.

  • Smith Tricia D
    Global CEO Anthropologie Group
    Sold
    Date
    18 September 2026
    Shares
    3,500
    Price
    $75.95
    Value
    $265,829
  • Marein-Efron Melanie
    Chief Financial Officer
    Sold
    Date
    4 September 2026
    Shares
    5,700
    Price
    $80.75
    Value
    $460,275
  • Egan Mary
    Director
    Sold
    Date
    1 September 2026
    Shares
    650
    Price
    $78.48
    Value
    $51,012
  • Hayne Azeez
    Chief Administrative Officer
    Sold
    Date
    22 May 2026
    Shares
    8,733
    Price
    $73.18
    Value
    $639,081
  • Marein-Efron Melanie
    Chief Financial Officer
    Sold
    Date
    22 May 2026
    Shares
    5,036
    Price
    $73.42
    Value
    $369,743
  • Conforti Frank
    Co-President & COO
    Sold
    Date
    22 May 2026
    Shares
    9,391
    Price
    $73.19
    Value
    $687,327
  • Hayne Azeez
    Chief Administrative Officer
    Sold
    Date
    11 March 2026
    Shares
    5,720
    Price
    $66.00
    Value
    $377,520
  • Smith Tricia D
    Global CEO Anthropologie Group
    Sold
    Date
    2 March 2026
    Shares
    5,000
    Price
    $64.82
    Value
    $324,100
  • Hayne Margaret
    Co-President & CCO, Director
    Sold
    under a preset trading plan
    Date
    20 February 2026
    Shares
    9,333
    Price
    $70.50
    Value
    $657,950
  • HAYNE RICHARD A
    CEO & Chairman of the Board, Director
    Sold
    under a preset trading plan
    Date
    20 February 2026
    Shares
    20,000
    Price
    $70.50
    Value
    $1m

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

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

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.