Rh (RH) Stock

Rh (RH) is a Consumer Discretionary stock trading at $156.29 (as of 2026-08-20), with a market capitalization of $2.95B and a trailing P/E of 28.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.

Understand Rh: how it makes money

RH sells home furnishings across its retail galleries and online sites, and it also earns recurring subscription revenue through its subscription offering.

RH's profit model is structurally supported by recurring subscription revenue, and investors track it through Subscription Annual Recurring Revenue (growth via Net New Subscription Annual Recurring Revenue) and durability via Subscription Net Revenue Retention Rate.

Revenue by segment (latest quarter)
Total$0.8B

Business quality (Solid): Strong on identifiable operating KPIs for the subscription and recurring components, but the provided facts do not include a clean official reportable segment breakdown beyond total revenue.

Valuation: At 31× earnings, RH trades 61% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • Subscription momentum remains positive: Net New Subscription Annual Recurring Revenue is 0.09 USD_B, alongside Subscription Annual Recurring Revenue of 1.18 USD_B.
  • Retention for subscription customers is strong: Subscription Net Revenue Retention Rate is 120.0 percent.

Bear case

  • Inventory pressure remains a key operational risk: Excess Inventory Estimate is 0.3 USD_B, and Inventory Reduction vs Second Quarter is 0.08 USD_B, suggesting the company is still working through inventory levels.
  • Demand signals can weaken: Demand Decline After Mortgage Rates Spiked is 22 percent.
  • Logistics and weather can directly affect results: Revenue Negatively Impacted by Severe Weather and Shipping Delays is 0.04 USD_B.
Valuation — source: SEC EDGAR (first-party)
Price$156.29
Market Cap$2.95B
P/E Ratio28.7
EV / EBITDA5.6
Price / Book51.89
Price / Sales0.86
FCF Yield7.8%
DCF Value (model)$472.46
DCF Upside vs Price202.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.44B
Net Margin3.6%
Revenue Growth (YoY)-1.7%
EPS Growth (YoY)-269.8%
FCF Growth (YoY)-61.0%
Financial Health — source: SEC EDGAR
Altman Z-Score1.28 (distress)
Valuation vs Sector & Industry
Stock P/E28.7
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Retail)19.5
vs Sector40.0%
vs Industry46.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($390.88M)
Institutional Holders Tracked10
Congressional Trades (recent)9
Company
SectorConsumer Discretionary
IndustryRetail
CEOGary G. Friedman
Employees5,690
CountryUS
IPO Date2012-11-02

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RH earnings history · RH institutional & insider holders · RH KPIs & operating metrics · RH financials · RH investor presentations & press releases · RH SEC filings · RH peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.