Arhaus, Inc. operates as a premium retailer in the home furnishings market in the United States. The company offers bedroom, dining room, and living room, as well as home office furnishings, including sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, dΓ©cor, umbrellas, and fire pits. It also provides bath product assortment comprising vanities and storage pieces, faucets and hardware, and Turkish bath towels; lighting fixtures, including chandeliers, pendants, table and floor lamps, and sconces; indoor and outdoor rugs, bed linens, and pillows and throws; and dΓ©cor products, such as wall art, mirrors, vases, candles, and other decorative accessories. The company distributes its products through an omni-channel model comprising showrooms, ecommerce, catalogs and digital media, interior designer services, trade services, and client engagement. Arhaus, Inc. was founded in 1986 and is headquartered in Boston Heights, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $179M | $67M | $59M | 16.1% | 8.5% | -1.9% |
| 2024 | $1.3B | $162M | $69M | $40M | 19.9% | -1.3% | -45.3% |
| 2023 | $1.3B | $227M | $125M | $75M | 36.8% | 4.8% | -8.3% |
| 2022 | $1.2B | $239M | $137M | $22M | 65.2% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,228.93 | 1,287.70 | 1,271.11 | 1,379.22 |
| Operating Revenue | - | 1,228.93 | 1,287.70 | 1,271.11 | 1,379.22 |
| Cost Of Revenue | - | 703.87 | 747.28 | 769.88 | 842.81 |
| Gross Profit | - | 525.06 | 540.42 | 501.23 | 536.41 |
| Operating Expense | - | 340.39 | 376.11 | 415.43 | 447.44 |
| Selling General And Administration | - | 340.39 | 376.11 | 415.43 | 447.44 |
| Total Expenses | - | 1,044.26 | 1,123.39 | 1,185.30 | 1,290.26 |
| Operating Income | - | 184.67 | 164.31 | 85.80 | 88.97 |
| Total Operating Income As Reported | - | 184.67 | 164.31 | 87 | 88.89 |
| EBITDA | - | 238.62 | 227.06 | 161.83 | 178.55 |
| Normalized EBITDA | - | 238.62 | 227.06 | 160.62 | 178.63 |
| EBIT | - | 184.67 | 164.31 | 85.80 | 88.97 |
| Interest Expense | 5.43 | 3.39 | - | - | - |
| Net Interest Income | - | -3.39 | 3.35 | 3.16 | 3.03 |
| Other Non Operating Income Expenses | - | 1.29 | 1.03 | 0.75 | 0.06 |
| Other Income Expense | - | 1.29 | 1.03 | 1.96 | -0.02 |
| Interest Expense Non Operating | 5.43 | 3.39 | - | - | - |
| Net Non Operating Interest Income Expense | - | -3.39 | 3.35 | 3.16 | 3.03 |
| Pretax Income | - | 182.58 | 168.69 | 90.92 | 91.98 |
| Tax Provision | - | 45.94 | 43.45 | 22.37 | 24.72 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0.30 | -0.02 |
| Net Income Continuous Operations | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Net Income From Continuing And Discontinued Operation | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Net Income From Continuing Operation Net Minority Interest | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Net Income | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Net Income Common Stockholders | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Net Income Including Noncontrolling Interests | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Normalized Income | - | 136.63 | 125.24 | 67.64 | 67.32 |
| Diluted NI Availto Com Stockholders | - | 136.63 | 125.24 | 68.55 | 67.26 |
| Basic Average Shares | - | 138.09 | 139.47 | 140.07 | 140.70 |
| Diluted Average Shares | - | 139.61 | 140.10 | 140.69 | 141.41 |
| Reconciled Depreciation | - | 53.95 | 62.75 | 76.02 | 89.58 |
| Reconciled Cost Of Revenue | - | 703.87 | 747.28 | 769.88 | 842.81 |
| Total Unusual Items | - | 0 | 0 | 1.20 | -0.08 |
| Total Unusual Items Excluding Goodwill | - | 0 | 0 | 1.20 | -0.08 |
| Minority Interests | -15.82 | 0 | 0 | - | - |
| Special Income Charges | - | 0 | 0 | 1.20 | -0.08 |
| Other Special Charges | 1.45 | - | - | - | - |
| Gain On Sale Of Ppe | - | 0 | 0 | 1.20 | -0.08 |
| Total Other Finance Cost | - | 3.39 | -3.35 | -3.16 | -3.03 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Arhaus, Inc.this co. | ARHS | $940M | 13.97β discount | 2.25 | 16.1% | 7.10 |
| MillerKnoll, Inc. | MLKN | $1.0B | -27.33 | 0.79 | -2.9% | 13.45 |
| Accel Entertainment, Inc. | ACEL | $982M | 19.09 | 3.64 | 19.1% | 7.02 |
| Biglari Holdings Inc. | BH | $930M | -24.80 | 1.78 | -7.2% | 151.51 |
| Petco Health and Wellness Company, Inc. | WOOF | $926M | 102.17 |
| - |
| - |
| - |
| - |
| 0.80 |
| 0.8% |
| 10.95 |
| BJ's Restaurants, Inc. | BJRI | $902M | 18.47 | 2.46 | 13.3% | 10.59 |
| Myers Industries, Inc. | MYE | $893M | 25.56 | 3.03 | 11.9% | 10.77 |
| Sweetgreen, Inc. | SG | $876M | -6.53 | 2.46 | -37.6% | -18.57 |
| Standard Motor Products, Inc. | SMP | $875M | 21.17 | 1.28 | 6.0% | 8.16 |
| Peer Median | - | 18.78 | 2.12 | 3.4% | 10.68 | |