How Does Warby Parker Stock Compare With Peers?

WRBY: Warby Parker logo
WRBY
Warby Parker

Warby Parker (WRBY) stock has underperformed over the past year, but how does its unique retail model compare to its peers? A deeper dive reveals a highly valued stock with a staggering PE ratio of 4729.9 and negative operating margins of -0.9%, despite solid revenue growth of 14.6%. This indicates a challenging path to sustained profitability and market outperformance in a competitive landscape.

  • WRBY’s near-zero operating margin, trailing LMAT (25.7%), suggests heavy reinvestment in scaling or different unit economics.
  • WRBY’s 14.6% revenue growth, outpacing peers, indicates strong market traction or effective customer acquisition strategies.
  • WRBY’s 10.6% stock drop and 4729.9 PE signals investor skepticism on future earnings growth amid high valuation.

Here’s how Warby Parker stacks up across size, valuation, and profitability versus key peers.

  WRBY LMAT CNMD GPRO
Market Cap ($ Bil) 2.6 1.9 1.3 0.3
Revenue ($ Bil) 0.9 0.2 1.3 0.7
PE Ratio 4,729.9 37.2 22.7 -2.8
LTM Revenue Growth 14.6% 13.1% 4.6% -27.4%
LTM Operating Margin -0.9% 25.7% 8.8% -13.7%
LTM FCF Margin 4.4% 27.5% 11.1% -9.9%
12M Market Return -10.6% -17.2% -43.1% 50.4%

For more details on Warby Parker, read Buy or Sell WRBY Stock. Below we compare WRBY’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2024 2023 2022
WRBY 14.6% 15.2% 12.0% 10.6%
LMAT 13.1% 13.6% 19.7% 4.7%
CNMD 4.6% 5.0% 19.1% 3.4%
GPRO -27.4% -20.3% -8.1% -5.8%

Operating Margin Comparison

  LTM 2024 2023 2022
WRBY -0.9% -3.9% -10.7% -18.6%
LMAT 25.7% 23.8% 19.2% 18.5%
CNMD 8.8% 15.3% 9.7% 6.7%
GPRO -13.7% -15.9% -7.4% 3.6%

PE Ratio Comparison

  LTM 2024 2023 2022
WRBY 4729.9 -142.9 -26.2 -14.0
LMAT 37.2 47.0 41.9 49.0
CNMD 22.7 15.9 52.1 -33.0
GPRO -2.8 -0.4 -10.0 27.0

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