SEARS HOLDINGS CORP
Consumer Discretionary · Retail-Department Stores · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $16.70B | $22.14B | $25.15B | $31.20B | $36.19B | $39.85B |
| Operating income | −$430.0M | −$1.98B | −$1.00B | −$1.51B | −$927.0M | −$838.0M |
| Net income | −$383.0M | −$2.22B | −$1.13B | −$1.68B | −$1.36B | −$930.0M |
| Total assets | $7.26B | $9.36B | $11.34B | $13.19B | $18.23B | $19.34B |
| Total liabilities | $10.98B | $13.19B | $13.29B | $14.13B | $16.08B | $16.17B |
| Equity | −$3.72B | −$3.82B | −$1.96B | −$951.0M | $1.74B | $2.75B |
| EPS (diluted) | $-3.57 | $-20.78 | $-10.59 | $-15.82 | $-12.87 | $-8.78 |
| Shares out. | 108.0M | 107.2M | 106.8M | 106.6M | 106.4M | 106.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −2.6%
- Net margin
- −2.3%
- Return on equity
- 10.3%
- Return on assets
- −5.3%
- Return on capital (ROCE)
- −18.3%
- Liabilities / assets
- 151.3%
- Debt / equity
- —
- Book value / share
- $-34.49
- Revenue growth (YoY)
- −24.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2018- Altman Z″ (distress)
- -4.40distress
- Accruals / assets
- 20.1%high accruals
- Beneish M-Score
- -1.82normal
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 6 warning● 0 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-K/Amissed a reporting deadline ↗Oct 22, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 18, 2019
- NT 11-Kmissed a reporting deadline ↗Jun 29, 2007
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Other material eventJan 31, 2020
- Regulation FD disclosureJan 21, 2020
- Bankruptcy or receivership · Regulation FD disclosureOct 21, 2019
- Regulation FD disclosureSep 30, 2019
- Regulation FD disclosureJul 22, 2019
- Other material eventJul 3, 2019
- Regulation FD disclosureJun 17, 2019
- Other material eventMay 17, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.