National Vision (EYE) vs Warby Parker (WRBY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Warby Parker (WRBY) has outperformed National Vision (EYE) over the past year, gaining 1.4% versus a loss of 39.2%. Over five years, WRBY leads with a -54.4% price change compared with -73.7% for EYE. Warby Parker is the larger company by market cap ($3.08 billion vs $1.32 billion), about 2.3 times the size.
On valuation, National Vision trades at a lower forward P/E (13.9x vs 40.6x for Warby Parker).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EYE | WRBY |
|---|---|---|
| Share price | $16.74 | $24.95 |
| Market cap | $1.32B | $3.08B |
| 1-day change | -0.48% | -1.42% |
| YTD return | -35.17% | +14.50% |
| 1-year return | -39.22% | +1.42% |
| 5-year return | -73.65% | -54.43% |
| P/E ratio (TTM) | 27.00 | 415.83 |
| Forward P/E | 13.86 | 40.58 |
| EPS (TTM) | $0.62 | $0.06 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $871.90M |
| Revenue growth (YoY) | — | +13.04% |
| Net income (latest FY) | — | $1.64M |
| Gross margin | — | 53.97% |
| Operating margin | — | -0.61% |
| Net margin | — | 0.19% |
| 52-week high | $30.02 | $31.00 |
| 52-week low | $14.75 | $14.96 |
| Distance from 52-week high | -44.24% | -19.52% |
| Analyst consensus | none | buy |
| Avg. price target upside | +68.34% | +22.08% |
| Average volume | 2.15M | 2.85M |
| Shares outstanding | 79.07M | 108.24M |
| Employees | 13,138 | 2,275 |
| Sector | Health Care | Health Care |
| Industry | Ophthalmic Goods | Ophthalmic Goods |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Warby Parker is about 2.3 times larger than National Vision by market value ($3.08B vs $1.32B).
- WRBY has outperformed EYE by 40.6 percentage points over the past year.
- Warby Parker trades at a higher earnings multiple (415.8x vs 27.0x trailing P/E).
About National Vision
EYE stock →National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company offers eyeglasses and contact lenses, and optical accessory products; and provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and DiscountContacts.com.
Health Care · Ophthalmic Goods · 13,138 employees
About Warby Parker
WRBY stock →Warby Parker Inc. sells eyewear products through its retail and e-commerce platform in the United States and Canada.
Health Care · Ophthalmic Goods · 2,275 employees
EYE vs WRBY FAQ
Which is bigger, National Vision or Warby Parker?
Warby Parker (WRBY) is larger, with a market capitalization of $3.08B compared with $1.32B for National Vision (EYE).
Which stock has performed better over the past year, EYE or WRBY?
WRBY returned +1.42% over the past 12 months, compared with -39.22% for EYE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EYE or WRBY?
EYE has the lower trailing P/E at 27.0, versus 415.8 for WRBY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are National Vision and Warby Parker in the same industry?
Yes. Both are classified in the Ophthalmic Goods industry within the Health Care sector.