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Steven Madden, Ltd. SHOO R2K

Consumer Cyclical · Footwear & Accessories · United States
https://www.stevemadden.com

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The company designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes; and handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories. It also engages in the sale of footwear, handbags, apparel, and other accessories. In addition, the company is involved in the licensing of the Steve Madden, Kurt Geiger, and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. It sells its products under the Steve Madden, Kurt Geiger London, Dolce Vita, Betsey Johnson, Blondo, Carvela, Anthony Thomas Melillo (ATM), and Anne Klein brands. The company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs, as well as through direct-to-consumer channel, which includes company-operated retail stores and e-commerce websites. It markets its products through email, social media, influencer partnerships, print, experiential events, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.

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$43.44
+80.87% 1Y

Market & Price

Market Cap
$3.17B
Current Price
$43.44
High / Low (52W)
$45.95 / $22.62
Beta
1.13

Valuation

Stock P/E
40.98
Industry PE
22.37
Forward P/E
16.21
PEG Ratio
2.17
Book Value
$12.50
Price to Book
3.48
P/S
1.21
EV/EBITDA
14.37
Dividend Yield
1.93%

Profitability & Returns

ROCE
6.48%
ROE
8.58%
ROA
8.19%
Profit Margin
2.89%
Op Margin
15.53%
EPS (Latest Qtr)
$1.00
EPS (TTM)
$1.06

Balance Sheet & Liquidity

Debt/Equity
0.57
Quick Ratio
1.12
Current Ratio
2.23
Debt
$540.32M
Total Assets
$1.91B
Current Assets
$1.00B
Working Capital
$474.99M

Ownership

Promoter Holding
2.30%
Chg in Prom Hold
-
FII / Inst Holding
105.55%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$3.67B
Total Revenue (TTM)
$2.63B
EBITDA
$255.47M
Free Cash Flow
$-14.38M
Operating Cash Flow
$125.69M
Shares Outstanding
73.09M
Gross Margin
46.00%
Payout Ratio
79.25%

Growth (CAGR)

Revenue 5Y
6.09%
Profit 5Y
-40.87%
Revenue (YoY)
18.00%
Earnings (YoY)
75.40%

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -40.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SHOO Steven Madden, Ltd. R2K 43.44 40.98 $3.17B 1.93% 6.48% 8.58% 6.09% -40.87%
2 AMZN Amazon.com, Inc. NDXSPXAI 270.64 31.65 $2.91T - 16.60% 24.29% 11.73% 984.47%
3 TSLA Tesla, Inc. NDXSPXAI 435.79 399.81 $1.64T - 5.29% 4.90% 5.19% -32.94%
4 HD The Home Depot, Inc. SPX 317.14 22.52 $316.23B 2.94% 28.92% 128.38% 1.52% -6.11%
5 MCD McDonald's Corporation SPX 279.20 23.04 $198.37B 2.66% 22.63% - 5.06% 11.50%
6 TJX The TJX Companies, Inc. SPX 154.75 30.11 $171.12B 1.24% 32.91% 61.25% 6.53% 16.24%
7 BKNG Booking Holdings Inc. NDXSPX 167.43 22.09 $129.74B 0.96% 67.24% - 16.35% 20.90%
8 LOW Lowe's Companies, Inc. SPX 214.36 18.12 $120.26B 2.24% 29.62% - -3.85% 1.11%
9 PDD PDD Holdings Inc. NDX 84.44 8.87 $120.19B - 28.69% 25.40% 49.00% 45.85%
Ad space

Quarterly Results

Figures in USD.

Metric Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----------389.01M395.75M458.48M410.36M410.94M444.97M497.31M414.91M355.68M141.36M342.83M349.07M358.90M394.80M525.07M557.34M532.68M553.12M461.74M442.84M549.85M550.57M521.71M--553.53M559.00M667.88M753.70M653.10M
Cost of Revenue -----------------------------------327.27M332.97M390.50M433.90M295.68M
Gross Profit 136.10M111.38M116.15M148.77M116.20M121.05M154.51M132.72M139.40M165.89M145.70M151.69M183.97M158.80M161.84M170.00M195.84M158.33M133.46M55.89M139.88M135.31M139.10M170.06M220.00M227.90M217.76M229.48M195.09M189.87M232.62M224.81M217.13M--226.27M226.03M277.38M319.80M357.42M
Operating Expenses -----------------------------------177.26M263.87M246.02M280.83M258.29M
Operating Income 59.33M29.85M36.82M66.28M29.88M35.89M63.77M30.78M41.90M65.44M36.56M41.58M70.20M-44.66M44.63M68.04M--26.25M-23.70M-3.00M-28.04M47.72M88.42M97.90M65.24M78.75M46.51M44.04M82.74M56.75M46.87M--49.00M-37.84M31.36M38.97M99.13M
EBITDA -----------------------------------54.26M-29.16M42.54M44.50M108.10M
Interest Expense -------------------------------------4.95M4.43M3.60M
Pretax Income -----------------------------------54.33M-34.80M26.41M31.74M95.14M
Tax Provision -----------------------------------13.07M3.91M4.59M7.09M23.49M
Net Income 39.25M19.82M24.50M42.88M23.66M24.74M43.77M20.16M28.96M44.23M28.67M32.41M55.56M12.49M34.52M36.57M52.46M17.75M-17.45M-16.59M-6.95M22.59M-------------40.42M-39.48M20.53M23.19M71.82M
Diluted EPS 0.620.320.400.700.390.410.740.350.500.510.330.370.640.150.410.440.630.21-0.22-0.21-0.090.280.260.450.820.940.620.790.480.460.870.600.49--0.57-0.560.290.321.00

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------1.55B1.65B1.77B1.19B-2.12B1.98B2.28B2.53B
Cost of Revenue -------------1.25B1.15B1.35B1.48B
Gross Profit 216.19M275.85M361.95M455.70M482.38M469.00M500.49M521.98M598.73M640.16M686.02M464.54M-873.84M832.41M936.93M1.05B
Operating Expenses -------------586.38M612.67M698.94M967.98M
Operating Income 78.97M121.62M153.77M178.98M203.77M167.64M171.65M169.18M169.78M173.38M176.81M-31.61M-287.45M219.74M238.00M81.49M
EBITDA -------------308.03M235.24M258.01M123.46M
Interest Expense ------------1.53M---12.34M
Pretax Income -------------282.32M220.61M230.48M77.68M
Tax Provision -------------65.10M46.64M54.58M28.66M
Net Income 50.11M75.72M97.32M119.63M132.01M111.88M112.94M120.91M117.95M129.14M141.31M-18.40M-216.06M171.55M169.39M44.66M
Diluted EPS 1.221.781.501.811.981.761.851.351.361.501.69-0.23-2.772.302.350.63

Compounded Sales Growth

5 Years:6.09%
1 Year:18.00%

Compounded Profit Growth

5 Years:-40.87%
1 Year:75.40%

Stock Price Performance

1 Year:+80.87%
6 Months:+5.70%
3 Months:+21.07%
1 Month:+17.50%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --447.70M639.79M804.04M880.24M911.24M914.38M960.88M1.06B1.07B1.28B1.14B-1.26B1.35B1.41B1.91B
Current Assets --------------843.56M854.83M894.70M1.00B
Cash & Equivalents 89.59M69.27M66.15M168.78M168.78M180.28M81.45M72.41M126.11M181.21M200.03M264.10M247.86M-274.71M204.64M189.92M112.42M
Inventory --------------228.75M228.99M257.62M417.02M
Receivables --------------37.94M40.25M45.65M91.85M
Total Liabilities --90.40M165.03M177.64M201.40M241.71M235.72M219.80M248.23M257.89M437.42M347.39M-414.12M499.91M535.77M1.01B
Current Liabilities --71.43M135.09M134.48M154.50M177.59M174.80M183.13M206.61M224.69M281.27M235.92M-320.91M377.62M413.72M525.71M
Long Term Debt -----------------234.17M
Total Debt --------------108.63M138.88M152.99M486.14M
Total Equity --357.30M474.88M626.58M678.52M669.25M678.40M740.87M802.82M805.81M828.50M776.59M-831.55M829.60M847.72M866.39M
Shares Outstanding --------------134.46M136.47M137.25M138.34M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 64.34M86.87M74.97M143.34M155.45M152.33M135.96M153.60M157.94M154.38M233.78M44.21M-267.88M229.24M198.10M162.20M
Investing Cash Flow -58.90M-95.23M-43.29M-68.41M-40.38M-108.02M-33.66M-3.88M-13.42M11.06M-27.75M-4.88M-5.52M-99.89M-39.49M-400.92M
Financing Cash Flow -25.77M5.24M5.00M-8.99M-103.57M-142.78M-110.10M-95.45M-90.34M-145.81M-142.18M-57.07M--215.83M-200.94M-167.91M157.15M
Capital Expenditure -3.40M-3.42M-15.48M-20.10M-20.75M-18.34M-19.46M-15.90M-14.78M-12.45M-18.31M-6.56M--18.35M-19.47M-25.91M-42.66M
Free Cash Flow 60.94M83.45M59.49M123.24M134.71M133.99M116.50M137.71M143.16M141.93M215.47M37.64M-249.53M209.77M172.19M119.54M
Net Change in Cash -------------57.57M-71.59M-9.30M-81.57M
Share Buybacks -4.56M00102.17M142.23M135.64M86.00M99.41M105.92M101.77M46.58M123.16M148.88M142.35M98.43M13.52M
Dividends Paid -------0047.32M48.43M12.46M49.16M66.00M63.18M61.04M60.96M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------38.7%38.7%38.8%39.1%-41.2%42.0%41.0%41.4%
Operating Margin % --------11.0%10.5%10.0%-2.7%-13.5%11.1%10.4%3.2%
Net Margin % --------7.6%7.8%8.0%-1.5%-10.2%8.7%7.4%1.8%
ROE % -21.2%20.5%19.1%19.5%16.7%16.6%16.3%14.7%16.0%17.1%-2.4%-26.0%20.7%20.0%5.2%
ROCE % -32.3%30.5%26.7%28.1%22.9%23.2%21.8%20.0%20.4%17.7%-3.5%-30.7%22.6%23.8%5.9%

Shareholding Pattern

Insiders
2.30%
Institutions
105.55%
Public Float
108.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.78% 10.80M $469.17M
2 FMR, LLC 10.95% 8.00M $347.56M
3 Vanguard Portfolio Management LLC 6.06% 4.43M $192.43M
4 Vanguard Capital Management LLC 4.45% 3.25M $141.13M
5 Morgan Stanley 4.18% 3.05M $132.67M
6 Nomura Asset Management International Inc 3.81% 2.79M $120.99M
7 State Street Corporation 3.77% 2.76M $119.75M
8 Dimensional Fund Advisors LP 3.22% 2.35M $102.23M
9 Geode Capital Management, LLC 2.77% 2.02M $87.90M
10 T. Rowe Price Investment Management, Inc. 2.76% 2.02M $87.73M

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