Michaels Companies, Inc.
Consumer Discretionary · Retail-Hobby, Toy & Game Shops · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $5.27B | $5.07B | $5.27B | $5.36B | $5.20B | — |
| Operating income | $533.5M | $515.0M | $563.6M | $735.4M | $715.3M | $720.6M |
| Net income | $294.9M | $272.6M | $319.5M | $390.5M | $378.2M | $362.9M |
| Total assets | $4.53B | $3.84B | $2.13B | $2.30B | $2.15B | $2.03B |
| Total liabilities | $5.73B | $5.28B | $3.75B | $3.81B | $3.85B | $3.76B |
| Equity | −$1.20B | −$1.45B | −$1.63B | −$1.51B | −$1.70B | −$1.72B |
| EPS (diluted) | $1.98 | $1.78 | $1.86 | $2.10 | $1.82 | $1.72 |
| Shares out. | 141.6M | 146.8M | 157.8M | 181.9M | 188.9M | 209.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- 10.1%
- Net margin
- 5.6%
- Return on equity
- −24.6%
- Return on assets
- 6.5%
- Return on capital (ROCE)
- 19.0%
- Liabilities / assets
- 126.4%
- Debt / equity
- —
- Book value / share
- $-8.45
- Revenue growth (YoY)
- 3.9%
- Net income growth (YoY)
- 8.2%
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 · FY2021- Altman Z″ (distress)
- 0.52distress
- Accruals / assets
- −20.5%clean
- Beneish M-Score
- -3.96normal
- Piotroski F-Score
- 5/9mixed
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. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Negative shareholder equity
- Altman Z″ in the distress zone
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Buchanan AshleyOfficer — Chief Executive Officer | Apr 15, 2021 | U | 151,087 | $22.00 |
| Sullivan JimOfficer — SVP - CAO & Controller | Apr 6, 2021 | Sell | 17,433 | $21.96 |
| Cotton RyanDirector | Apr 15, 2021 | U | 52.8M | — |
| Bekenstein JoshuaDirector | Apr 15, 2021 | U | 52.8M | — |
| Mahoney JohnDirector | Mar 29, 2021 | Gift | 15,905 | $0.00 |
| Raff BerylDirector | Apr 15, 2021 | D | 51,133 | $22.00 |
| Bain Capital Investors Llc10% owner | Apr 15, 2021 | U | 52.8M | — |
| Levin Matthew SDirector | Apr 15, 2021 | U | 25,975 | $22.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · New financial obligationApr 15, 2021
- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsApr 15, 2021
- Other material eventApr 1, 2021
- Results of operationsMar 4, 2021
- Entered a material agreement · Shareholder vote · Regulation FD disclosureMar 3, 2021
- Director / officer changeJan 19, 2021
- Results of operationsDec 3, 2020
- Entered a material agreement · New financial obligationOct 2, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12BApr 26, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
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- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
- 4FORM 4 SUBMISSIONApr 19, 2021
Event-driven situations (1)
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