Reformation Inc.
Research Reformation Inc. (REF) on Bullrun: market cap USD 805.25M, P/E 41.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerREF
- ExchangeNYSE
- CountryUnited States
- SectorConsumer Cyclical
- IndustryApparel Retail
- CurrencyUSD
- Market capUSD 805.25M
- P/E41.7
- Financial periodQ2 2026
- RevenueUSD 155.23M
- Net incomeUSD 12.41M
- Free cash flowUSD 8.83M
- Gross margin66.7%
Valuation Snapshot
latest market cap is USD 805.25M; P/E is 41.7.
Peer valuation comparison
Latest P/E is 41.68x versus a Consumer Cyclical sector median of 15.95x (161.4% above).
Latest P/E is 41.68x versus a United States median of 23.81x (75.0% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 507.10M | USD 12.64M | -USD 17.87M | 60.2% | 0.21 | USD 65.47M | USD 339.48M | USD 440.80M |
| FY2024 | USD 438.16M | USD 32.93M | USD 18.12M | 64.5% | 0.56 | USD 87.68M | USD 307.74M | USD 426.61M |
| FY2023 | USD 359.52M | USD 23.89M | USD 24.12M | 64.1% | 0.4 | n/a | n/a | n/a |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-16 | USD 805.25M | 41.7 | n/a | n/a |
About Reformation Inc.
Reformation Inc. manufactures and sells sustainable women's clothing and accessories in the United States and Internationally. It offers dresses, tops, pants, skirts, shorts, jeans, sweaters, shoes, jumpsuits, two-piece sets, outerwear, sleep and loungewear, swimwear, and accessories. The company also offers wedding collection. It retails its product through website, online channels, and stores, well as through wholesalers and other channels. The company was formerly known as REF Topco, Inc.
Related stock research
Other Consumer Cyclical stocks
Frequently asked questions
What is Reformation Inc.'s market cap?
Reformation Inc.'s market capitalization is USD 805.25M.
What is Reformation Inc.'s P/E ratio?
Reformation Inc.'s price-to-earnings (P/E) ratio is 41.7.
What does Reformation Inc. do?
Reformation Inc. manufactures and sells sustainable women's clothing and accessories in the United States and Internationally. It offers dresses, tops, pants, skirts, shorts, jeans, sweaters, shoes, jumpsuits, two-piece sets, outerwear, sleep and loungewear, swimwear, and accessories. The company also offers wedding collection. It retails its product through website, online channels, and stores, well as through wholesalers and other channels. The company was formerly known as REF Topco, Inc. and changed its name to Reformation Inc. in April 2025. Reformation Inc.