RH (RH) financial statements (2021 and earlier)
Company profile
| Business Address |
15 KOCH ROAD CORTE MADERA, CA 94925 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| SIC | 5712 - Furniture Stores (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 100 | 48 | 6 | 18 | 230 | 481 | 211 | ||
| Cash and cash equivalents | 100 | 48 | 6 | 18 | 87 | 350 | 149 | ||
| Short-term investments | 143 | 131 | 62 | ||||||
| Receivables | 73 | 49 | 45 | 31 | 34 | 29 | 26 | ||
| Inventory, net of allowances, customer advances and progress billings | 520 | 413 | 501 | 496 | 719 | 706 | 545 | ||
| Inventory | 520 | 413 | 501 | 496 | 719 | 706 | 545 | ||
| Assets held-for-sale, not part of disposal group | 5 | ✕ | |||||||
| Deposits current assets | 13 | 11 | 12 | 10 | 13 | 23 | 22 | ||
| Deferred tax assets | ✕ | ✕ | 28 | ||||||
| Other undisclosed current assets | 95 | 76 | 119 | 90 | 137 | 75 | 81 | ||
| Total current assets: | 801 | 597 | 683 | 645 | 1,138 | 1,314 | 912 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 456 | 411 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,077 | 968 | 864 | 801 | 682 | 516 | 391 | ||
| Long-term investments and receivables | 101 | 33 | 22 | 18 | |||||
| Long-term investments | 101 | 33 | 22 | 18 | |||||
| Intangible assets, net (including goodwill) | 213 | 124 | 210 | 243 | 274 | 173 | 173 | ||
| Goodwill | 141 | 124 | 124 | 142 | 174 | 124 | 124 | ||
| Intangible assets, net (excluding goodwill) | 72 | 86 | 101 | 101 | 49 | 49 | |||
| Deferred costs | 4 | ||||||||
| Deferred income tax assets | 50 | 45 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 200 | 215 | 19 | 21 | 36 | 28 | 23 | ||
| Deferred tax assets, net | ✕ | ✕ | 30 | 23 | 9 | ||||
| Other undisclosed noncurrent assets | 86 | 28 | 37 | (4) | |||||
| Total noncurrent assets: | 2,097 | 1,849 | 1,123 | 1,088 | 1,054 | 775 | 614 | ||
| TOTAL ASSETS: | 2,898 | 2,446 | 1,806 | 1,733 | 2,193 | 2,088 | 1,526 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 424 | 330 | 320 | 319 | 227 | 281 | 235 | ||
| Accounts payable | 225 | 181 | 183 | 195 | 135 | 175 | 133 | ||
| Accrued liabilities | 25 | 20 | 30 | 39 | 35 | 32 | 29 | ||
| Employee-related liabilities | 85 | 65 | 64 | 48 | 27 | 28 | 36 | ||
| Taxes payable | 50 | 14 | 18 | 5 | 1 | 28 | 2 | ||
| Other undisclosed accounts payable and accrued liabilities | 40 | 52 | 25 | 31 | 30 | 18 | 36 | ||
| Debt | 59 | 1 | 0 | 0 | 0 | ||||
| Deferred tax liabilities | ✕ | ✕ | 0 | ||||||
| Other liabilities | 145 | 141 | 101 | 51 | 43 | 65 | 36 | ||
| Other undisclosed current liabilities | 352 | 453 | 495 | 149 | 146 | 107 | 73 | ||
| Total current liabilities: | 922 | 983 | 918 | 519 | 416 | 453 | 344 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 948 | 906 | 58 | 79 | 292 | ||||
| Long-term debt, excluding current maturities | 15 | 53 | 58 | 79 | 284 | ||||
| Finance lease, liability | 485 | 443 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | ✕ | 7 | ||||||
| Operating lease, liability | 448 | 410 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt, including: | 17 | 29 | 50 | 76 | 45 | 29 | 1 | ||
| Other liabilities | 17 | 3 | 3 | 3 | 6 | 1 | 29 | ||
| Other undisclosed liabilities, other than long-term debt | 25 | 47 | 73 | 39 | 28 | (28) | |||
| Other undisclosed noncurrent liabilities | 564 | 510 | 803 | 1,065 | 812 | 720 | 186 | ||
| Total noncurrent liabilities: | 1,530 | 1,444 | 911 | 1,221 | 856 | 750 | 479 | ||
| Total liabilities: | 2,451 | 2,427 | 1,829 | 1,740 | 1,273 | 1,202 | 823 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 447 | 19 | (23) | (7) | 920 | 886 | 703 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (1,020) | (20) | (20) | (19) | ||||
| Additional paid in capital | 582 | 431 | 356 | 860 | 791 | 764 | 669 | ||
| Accumulated other comprehensive income (loss) | 3 | (3) | (2) | (0) | (2) | (3) | (1) | ||
| Retained earnings (accumulated deficit) | (137) | (409) | (377) | 152 | 150 | 145 | 54 | ||
| Total stockholders' equity: | 447 | 19 | (23) | (7) | 920 | 886 | 703 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,898 | 2,446 | 1,806 | 1,733 | 2,193 | 2,088 | 1,526 | ||
Income statement (P&L) ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,849 | 2,647 | 2,506 | 2,440 | 2,135 | 2,109 | 1,867 | |
| Revenue, net | ✕ | ✕ | ✕ | 2,440 | 2,135 | 2,109 | 1,867 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,523) | (1,552) | (1,505) | (1,591) | (1,455) | (1,356) | (1,177) | |
| Gross profit: | 1,326 | 1,095 | 1,001 | 849 | 680 | 753 | 691 | |
| Operating expenses | (875) | (736) | (712) | (718) | (627) | (567) | (560) | |
| Other undisclosed operating income | 16 | 4 | 34 | |||||
| Operating income: | 467 | 363 | 289 | 131 | 53 | 186 | 166 | |
| Interest and debt expense | (69) | (94) | (108) | (101) | (44) | (36) | (18) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (20) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 377 | 269 | 181 | 30 | 9 | 150 | 148 | |
| Loss from equity method investments | (1) | |||||||
| Income from continuing operations before income taxes: | 376 | 269 | 181 | 30 | 9 | 150 | 148 | |
| Income tax expense | (105) | (49) | (31) | (28) | (3) | (59) | (57) | |
| Net income available to common stockholders, diluted: | 272 | 220 | 151 | 2 | 5 | 91 | 91 | |
Comprehensive Income ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 272 | 220 | 151 | 2 | 5 | 91 | 91 | |
| Comprehensive income: | 272 | 220 | 151 | 2 | 5 | 91 | 91 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 5 | (0) | (2) | 2 | 1 | (2) | (1) | |
| Comprehensive income, net of tax, attributable to parent: | 277 | 220 | 148 | 4 | 6 | 89 | 90 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.