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rent the runway inc. - RENT

RENT

Close Chg Chg %
9.41 0.24 2.55%

Open Market

9.65

+0.24 (2.55%)

Volume: 40.89K

Last Updated:

Nov 21, 2024, 3:16 PM EDT

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Company Overview: rent the runway inc. - RENT

RENT Key Data

Open

$9.44

 Day Range

9.22 - 9.65

52 Week Range

4.46 - 41.81

 Market Cap

$35.26M

Shares Outstanding

3.81M

 Public Float

1.87M

Beta

1.05

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$26.32

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

50.91K

  

RENT Performance

1 Week
 
 -1.28%
 
1 Month
 
 -6.93%
 
3 Months
 
 -32.41%
 
1 Year
 
 -22.70%
 
5 Years
 
 N/A
 

RENT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About rent the runway inc. - RENT

Rent the Runway, Inc. provides online ready-to-wear and contemporary designer apparel services. It rents designer dresses, gowns, and accessories for women. Its online platform enables women to search and book dresses and accessories for rental for various occasions, including parties, vacations, weddings, dates, and birthdays and also sells intimates, fashion solutions, lingerie, shape wear, tights, beauty products, jewelry, and shoes online. The company was founded by Jennifer Y. Hyman and Jennifer Carter Fleiss in November 2008 and is headquartered in Brooklyn, NY.

RENT At a Glance

Rent the Runway, Inc.
10 Jay Street
Brooklyn, New York 11201
Phone 1-212-524-6860 Revenue 298.20M
Industry Internet Retail Net Income -113,200,000.00
Sector Retail Trade 2024 Sales Growth 0.607%
Fiscal Year-end 01 / 2025 Employees 1,104
View SEC Filings

RENT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.141
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 9.375
Enterprise Value to Sales 1.038
Total Debt to Enterprise Value 1.153

RENT Efficiency

Revenue/Employee 270,108.696
Income Per Employee -102,536.232
Receivables Turnover 229.385
Total Asset Turnover 0.685

RENT Liquidity

Current Ratio 2.125
Quick Ratio 2.125
Cash Ratio 1.854

RENT Profitability

Gross Margin 20.389
Operating Margin -24.145
Pretax Margin -37.894
Net Margin -37.961
Return on Assets -25.999
Return on Equity N/A
Return on Total Capital -48.314
Return on Invested Capital -44.814

RENT Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 152.198
Total Debt to Total Assets 66.704
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 150.235
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Rent The Runway Inc. - RENT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
157.50M 203.30M 296.40M 298.20M
Sales Growth
-38.69% +29.08% +45.79% +0.61%
Cost of Goods Sold (COGS) incl D&A
181.00M 194.40M 241.30M 237.40M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
72.30M 91.90M 97.40M 105.00M
Depreciation
66.60M 87.20M 93.70M 102.30M
Amortization of Intangibles
5.70M 4.70M 3.70M 2.70M
COGS Growth
-23.40% +7.40% +24.13% -1.62%
Gross Income
(23.50M) 8.90M 55.10M 60.80M
Gross Income Growth
-214.08% +137.87% +519.10% +10.34%
Gross Profit Margin
-14.92% +4.38% +18.59% +20.39%
2021 2022 2023 2024 5-year trend
SG&A Expense
85.30M 130.90M 137.20M 132.80M
Research & Development
- - - -
-
Other SG&A
85.30M 130.90M 137.20M 132.80M
SGA Growth
-29.97% +53.46% +4.81% -3.21%
Other Operating Expense
- - - -
-
Unusual Expense
21.70M 41.00M 14.60M 8.00M
EBIT after Unusual Expense
(130.50M) (163.00M) (96.70M) (80.00M)
Non Operating Income/Expense
6.00M 3.90M (5.40M) 700.00K
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
46.60M 53.00M 36.80M 33.70M
Interest Expense Growth
+94.17% +13.73% -30.57% -8.42%
Gross Interest Expense
46.60M 53.00M 36.80M 33.70M
Interest Capitalized
- - - -
-
Pretax Income
(171.10M) (212.10M) (138.90M) (113.00M)
Pretax Income Growth
-11.03% -23.96% +34.51% +18.65%
Pretax Margin
-108.63% -104.33% -46.86% -37.89%
Income Tax
- (300.00K) (200.00K) 200.00K
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - 200.00K
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - (300.00K) (200.00K)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(171.10M) (211.80M) (138.70M) (113.20M)
Minority Interest Expense
- - - -
-
Net Income
(171.10M) (211.80M) (138.70M) (113.20M)
Net Income Growth
-11.18% -23.79% +34.51% +18.39%
Net Margin Growth
-108.63% -104.18% -46.79% -37.96%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(171.10M) (211.80M) (138.70M) (113.20M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(171.10M) (211.80M) (138.70M) (113.20M)
EPS (Basic)
-52.3092 -67.1988 -43.1718 -33.115
EPS (Basic) Growth
-11.18% -28.46% +35.76% +23.29%
Basic Shares Outstanding
3.27M 3.15M 3.21M 3.42M
EPS (Diluted)
-52.3092 -67.1988 -43.1718 -33.115
EPS (Diluted) Growth
-11.18% -28.46% +35.76% +23.29%
Diluted Shares Outstanding
3.27M 3.15M 3.21M 3.42M
EBITDA
(36.50M) (30.10M) 15.30M 33.00M
EBITDA Growth
-11.62% +17.53% +150.83% +115.69%
EBITDA Margin
-23.17% -14.81% +5.16% +11.07%

Snapshot

Average Recommendation BUY Average Target Price 33.00
Number of Ratings 2 Current Quarters Estimate -3.22
FY Report Date 01 / 2025 Current Year's Estimate -17.115
Last Quarter’s Earnings -4.455 Median PE on CY Estimate N/A
Year Ago Earnings -33.12 Next Fiscal Year Estimate -16.075
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate -3.22 -4.57 -17.12 -16.08
High Estimates -2.49 -4.00 -15.15 -12.42
Low Estimate -3.95 -5.13 -19.08 -19.73
Coefficient of Variance -32.06 -17.50 -16.24 -32.16

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 0 0 0
HOLD 0 0 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Rent The Runway Inc. - RENT

Date Name Shares Transaction Value
Nov 8, 2024 Jennifer Y. Hyman Chair, CEO & President; Director 148,182 Conversion of derivative security 0.00
Nov 8, 2024 Jennifer Y. Hyman Chair, CEO & President; Director 148,088 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $9.41 per share 1,393,508.08
Nov 8, 2024 Jennifer Y. Hyman Chair, CEO & President; Director 143,638 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $9.62 per share 1,381,797.56
Jun 21, 2024 Siddharth B. Thacker Chief Financial Officer 53,195 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.89 per share 1,111,243.55
Jun 21, 2024 Andrew Rau Chief Supply Chain Officer 26,858 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.53 per share 524,536.74
Jun 21, 2024 Andrew Rau Chief Supply Chain Officer 27,158 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $21.45 per share 582,539.10
Jun 21, 2024 Andrew Rau Chief Supply Chain Officer 27,173 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.89 per share 567,643.97
Jun 21, 2024 Andrew Rau Chief Supply Chain Officer 27,568 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.7 per share 543,089.60
Jun 21, 2024 Sarah Tam Chief Merchant Officer 34,040 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.53 per share 664,801.20
Jun 21, 2024 Sarah Tam Chief Merchant Officer 34,359 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $21.45 per share 737,000.55
Jun 21, 2024 Sarah Tam Chief Merchant Officer 34,375 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.89 per share 718,093.75
Jun 21, 2024 Sarah Tam Chief Merchant Officer 34,795 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.7 per share 685,461.50
Jun 21, 2024 Cara Schembri Chief Legal & Admin. Officer 30,921 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.53 per share 603,887.13
Jun 21, 2024 Cara Schembri Chief Legal & Admin. Officer 31,212 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $21.45 per share 669,497.40
Jun 21, 2024 Cara Schembri Chief Legal & Admin. Officer 31,227 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.89 per share 652,332.03
Jun 21, 2024 Cara Schembri Chief Legal & Admin. Officer 31,611 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.7 per share 622,736.70
Jun 21, 2024 Jennifer Y. Hyman Chair, CEO & President; Director 158,665 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.53 per share 3,098,727.45
Jun 21, 2024 Siddharth B. Thacker Chief Financial Officer 52,728 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.53 per share 1,029,777.84
Jun 21, 2024 Siddharth B. Thacker Chief Financial Officer 53,173 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $21.45 per share 1,140,560.85
Jun 21, 2024 Siddharth B. Thacker Chief Financial Officer 53,782 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $19.7 per share 1,059,505.40

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