FIGS (FIGS) vs Reformation (REF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
FIGS is the larger company by market cap ($2.34 billion vs $772.8 million), about 3.0 times the size. On valuation, Reformation trades at a lower forward P/E (17.5x vs 36.9x for FIGS).
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 | FIGS | REF |
|---|---|---|
| Share price | $14.06 | $13.08 |
| Market cap | $2.34B | $772.76M |
| 1-day change | -0.28% | -0.83% |
| YTD return | +23.77% | — |
| 1-year return | +100.57% | — |
| 5-year return | -61.30% | — |
| P/E ratio (TTM) | 42.61 | 65.40 |
| Forward P/E | 36.89 | 17.50 |
| EPS (TTM) | $0.33 | $0.20 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $17.48 | $17.26 |
| 52-week low | $6.77 | $11.85 |
| Distance from 52-week high | -19.57% | -24.22% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +32.50% | +47.17% |
| Average volume | 2.92M | 653.34K |
| Shares outstanding | 157.86M | 59.08M |
| Employees | 330 | 1,353 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Apparel | Apparel |
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
- FIGS is about 3.0 times larger than Reformation by market value ($2.34B vs $772.76M).
- Reformation trades at a higher earnings multiple (65.4x vs 42.6x trailing P/E).
About FIGS
FIGS stock →FIGS, Inc., together with its subsidiary, FIGS Canada, Inc., operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. The company designs and sells scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.
Consumer Discretionary · Apparel · 330 employees
About Reformation
REF stock →Reformation Inc. manufactures and sells sustainable women's clothing and accessories in the United States and Internationally.
Consumer Discretionary · Apparel · 1,353 employees
FIGS vs REF FAQ
Which is bigger, FIGS or Reformation?
FIGS (FIGS) is larger, with a market capitalization of $2.34B compared with $772.76M for Reformation (REF).
Which has the lower P/E ratio, FIGS or REF?
FIGS has the lower trailing P/E at 42.6, versus 65.4 for REF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are FIGS and Reformation in the same industry?
Yes. Both are classified in the Apparel industry within the Consumer Discretionary sector.