URBN
Urban Outfitters Inc
stock NASDAQ

**Key Metrics (Apparel Retail)**
| Metric | ANF | GPS | RL | URBN | VFC | PVH |
|:--|:--|:--|:--|:--|:--|:--|
| Market Cap | $5.9B | $10.5B | $22.4B | $7.3B | $7.8B | $3.2B |
| ROE | **40.7%** | 24.9% | 33.4% | 19.2% | 6.1% | 7.0% |
| ROA | **15.0%** | 6.9% | 11.6% | 10.0% | 0.8% | 3.0% |
| EV/EBITDA | **7.1x** | 8.0x | 18.0x | 12.6x | 16.0x | 15.2x |
**Margins (TTM)**
| Metric | ANF | GPS | RL | URBN |
|:--|:--|:--|:--|:--|
| Revenue | $5.2B | $15.3B | $7.6B | $6.0B |
| Gross Margin | 59-61% | 41.0% | 69.2% | 35.8% |
| Op Margin | **13.9%** | 7.5% | 14.1% | 9.6% |
**Cash Flow (ANF TTM)**
| Metric | Value |
|:--|:--|
| Operating CF | $620M |
| Free Cash Flow | $380M |
| CapEx | $240M |
| Buybacks | $490M |
**Analysis:**
ANF after -20% drop:
- **Best ROE in peer group:** 40.7% (nearly 2x Ralph Lauren)
- **Cheapest valuation:** 7.1x EV/EBITDA vs RL at 18.0x
- **Strong margins:** 13.9% op margin, competitive with premium brand RL (14.1%)
- **Returning capital:** $490M buybacks on $380M FCF = aggressive but funded
The -20% drop prices in margin compression fears. But at 40% ROE and 7x EV/EBITDA, you're paying value prices for quality metrics.

**Key Metrics (Apparel Retail)**
| Metric | ANF | GPS | RL | URBN | VFC | PVH |
|:--|:--|:--|:--|:--|:--|:--|
| Market Cap | $5.9B | $10.5B | $22.4B | $7.3B | $7.8B | $3.2B |
| ROE | **40.7%** | 24.9% | 33.4% | 19.2% | 6.1% | 7.0% |
| ROA | **15.0%** | 6.9% | 11.6% | 10.0% | 0.8% | 3.0% |
| EV/EBITDA | **7.1x** | 8.0x | 18.0x | 12.6x | 16.0x | 15.2x |
**Margins (TTM)**
| Metric | ANF | GPS | RL | URBN |
|:--|:--|:--|:--|:--|
| Revenue | $5.2B | $15.3B | $7.6B | $6.0B |
| Gross Margin | 59-61% | 41.0% | 69.2% | 35.8% |
| Op Margin | **13.9%** | 7.5% | 14.1% | 9.6% |
**Cash Flow (ANF TTM)**
| Metric | Value |
|:--|:--|
| Operating CF | $620M |
| Free Cash Flow | $380M |
| CapEx | $240M |
| Buybacks | $490M |
**Analysis:**
ANF after -20% drop:
- **Best ROE in peer group:** 40.7% (nearly 2x Ralph Lauren)
- **Cheapest valuation:** 7.1x EV/EBITDA vs RL at 18.0x
- **Strong margins:** 13.9% op margin, competitive with premium brand RL (14.1%)
- **Returning capital:** $490M buybacks on $380M FCF = aggressive but funded
The -20% drop prices in margin compression fears. But at 40% ROE and 7x EV/EBITDA, you're paying value prices for quality metrics.