Loading…
Operates specialty apparel stores selling casual and dress clothing, denim and footwear to teens and young adults.
Operates specialty apparel stores selling casual and dress clothing, denim and footwear to teens and young adults.
Sells at full price through its own mall stores, where associates help customers find denim fits, and offers an own-brand line that earns more than third-party brands. Most stores are in smaller US malls, and it funds itself without borrowing, regularly paying special dividends on top of its regular payout.
Moat: narrow (distribution, brand). High-touch sales-associate model and denim assortment drive loyalty in smaller-market malls.
Headquarters: Kearney, Nebraska, US · Founded: 1948 · Employees: 8,000
Size Buckle (BKE) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $2.16B, the 1744th largest of 3,117 United States companies the cockpit tracks. Shares closed at $41.96 on 6 Nov 2026.
Performance Over six months the shares fell 19.9%, against +1.9% for the median peer and -1.1% for the United States market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 6.2% over the last twelve months (peer median +7.0%); the operating margin is 22.3% (peer median 7.5%).
Valuation It trades at 10.3× forward earnings against a peer median of 14.8× (5th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 28.2 points above its cost of capital (9.3% WACC).
Short interest Short interest is 7.3% of the free float (15 Oct 2026).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.33B | $1.30B | $1.22B | $1.26B | $1.35B |
| Revenue growth | — | +7% | -3% | -6% | — |
| Gross profit | $650M | $636M | $593M | $619M | $676M |
| EBITDA | $323M | $287M | $264M | $292M | $347M |
| Net income | $221M | $210M | $195M | $220M | $255M |
| Free cash flow | $191M | $206M | $200M | $217M | $212M |
| Capital expenditure | $66.5M | $45.4M | $42.3M | $37.3M | $30.4M |
| Total debt | $421M | $384M | $326M | $315M | $304M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Buckle BKE | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% |
| American Eagle Outfitters AEO | $3.34B | +19% | +8% | 9% | 11.1× | 0.9% |
| Zumiez ZUMZ | n/a | -44% | n/a | n/a | n/a | n/a |
| Abercrombie & Fitch ANF | $6.35B | +57% | +5% | 14% | 12.1× | -2.7% |
| Urban Outfitters URBN | $7.26B | +18% | +11% | 10% | 13.1× | 6.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BKE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.1% | +5.9% | 4th lowest of 21 |
| 6-month return | -19.9% | +1.9% | 7th lowest of 20 |
| Distance from 52-week high | -28.3% | -29.0% | 11th highest of 21 |
| Revenue growth (TTM) | +6.2% | +7.0% | 10th lowest of 21 |
| Operating margin | 22.3% | 7.5% | 2nd highest of 21 |
| Forward P/E | 10.3× | 14.8× | 5th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -5.2% | 9.4% | 7th least demanding of 20 |
| Growth delivered (Del g) | +7.6% | +11.0% | 8th lowest of 19 |
| Hurdle (Req g minus delivered) | -12.7 pp | -6.6 pp | 7th least demanding of 19 |
| ROIC minus cost of capital | +28.2 pp | +0.8 pp | 2nd highest of 20 |
| EV / EBITDA | 7.1× | 8.4× | 8th cheapest of 19 |
| Net debt / EBITDA | 0.4× | 1.0× | 8th least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Buckle BKE | United States | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% | +7.6% |
| Capri CPRI | United States | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% | -3.1% |
| Modivo MDV.WA | Poland | $2.01B | +29% | +4% | 2% | 34.1× | 23.3% | +15.9% |
| Metro Brands METROBRAND.NS | India | $2.39B | -20% | +16% | 19% | 49.2× | 34.1% | +29.1% |
| Sailvan Times 301381.SZ | China | $2.39B | +25% | +14% | 4% | 25.4× | 14.9% | +17.6% |
| OVS OVS.MI | Italy | $1.74B | +15% | +10% | 7% | 14.8× | 12.8% | +11.4% |
| PAL 2726.T | Japan | $1.58B | -4% | +7% | 11% | 13.6× | -15.4% | +16.7% |
| Premier Investments PMV.AX | Australia | $1.57B | +22% | -3% | 14% | 14.9× | 9.4% | -11.0% |
| American Eagle Outfitters AEO | United States | $3.34B | +19% | +8% | 9% | 11.1× | 0.9% | +8.1% |
| Boot Barn BOOT | United States | $3.92B | -20% | +17% | 14% | 14.6× | 14.3% | +20.3% |
| Carter's CRI | United States | $1.17B | -9% | +5% | 10% | 9.9× | -13.2% | -0.8% |
| Reformation REF | United States | $1.07B | n/a | +16% | 6% | 57.7× | n/a | n/a |
| Vishal Mega Mart VMM.NS | India | $4.67B | -25% | +18% | 9% | 43.8× | 32.3% | +19.4% |
| Aditya Birla Lifestyle Brands ABLBL.NS | India | $995M | -35% | +7% | 7% | 32.4× | 22.2% | n/a |
| SHIMAMURA 8227.T | Japan | $4.69B | +2% | +5% | 9% | 14.3× | -9.9% | +5.2% |
| Winmark WINA | United States | $944M | -29% | +9% | 60% | 23.9× | 7.7% | +5.4% |
| AOKI 8214.T | Japan | $912M | +10% | 0% | 8% | n/a | -5.3% | +6.3% |
| AND ST HD 2685.T | Japan | $900M | +2% | +3% | 6% | 12.0× | -15.3% | +10.6% |
| Brainbees Solutions FIRSTCRY.NS | India | $883M | -33% | +12% | -2% | 194.4× | 20.1% | +39.8% |
| Topsports International 6110.HK | Hong Kong | $882M | -62% | -3% | 5% | 6.1× | -20.9% | -7.2% |
| JD Sports Fashion JD..L | United Kingdom | $6.03B | +37% | +2% | 7% | 9.0× | 1.4% | +15.5% |