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Designs and markets footwear, handbags and accessories under owned and licensed brands.
Designs and markets footwear, handbags and accessories under owned and licensed brands.
Designs shoes and bags and has them made by third-party factories overseas, then sells mainly wholesale to department stores and other retailers, with its own stores and website as a smaller channel. Because it makes nothing itself, it can follow fashion quickly, but import duties on goods from Asia affect costs.
Moat: narrow (brand, distribution). Fast-fashion trend-following model with broad wholesale distribution across price tiers.
Headquarters: Long Island City, New York, US · Founded: 1990 · Employees: 6,300
Size Steven Madden (SHOO) is a United States Consumer Discretionary company (Apparel/Footwear) with a market value of $2.89B, the 1576th largest of 3,117 United States companies the cockpit tracks. Shares closed at $39.50 on 6 Nov 2026.
Performance Over six months the shares fell 2.7%, against +3.6% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 18.3% over the last twelve months (peer median +2.8%); the operating margin is 9.0% (peer median 8.8%).
Valuation It trades at 17.5× forward earnings against a peer median of 14.9× (6th most expensive of 19).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.2 points above its cost of capital (10.0% WACC).
Short interest Short interest is 6.3% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.74B | $2.53B | $2.28B | $1.98B | $2.12B |
| Revenue growth | — | +11% | +15% | -7% | — |
| Gross profit | $1.23B | $1.02B | $917M | $816M | $853M |
| EBITDA | $286M | $164M | $258M | $234M | $296M |
| Net income | $143M | $44.7M | $169M | $172M | $216M |
| Free cash flow | $224M | $120M | $172M | $210M | $252M |
| Capital expenditure | $39.6M | $42.7M | $25.9M | $19.5M | $18.4M |
| Total debt | $377M | $486M | $153M | $139M | $109M |
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 |
|---|---|---|---|---|---|---|
| Steven Madden SHOO | $2.89B | -3% | +18% | 9% | 17.5× | 5.9% |
| Crocs CROX | $6.94B | +47% | +1% | 23% | 9.6× | 1.1% |
| Wolverine World Wide WWW | $1.75B | +28% | +7% | 9% | 12.1× | 9.1% |
| Capri CPRI | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% |
| Deckers Brands DECK | $11.6B | -14% | +6% | 23% | 11.0× | -3.3% |
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 | SHOO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.6% | +7.5% | 2nd lowest of 21 |
| 6-month return | -2.7% | +3.6% | 5th lowest of 21 |
| Distance from 52-week high | -20.5% | -13.0% | 9th lowest of 21 |
| Revenue growth (TTM) | +18.3% | +2.8% | 3rd highest of 21 |
| Operating margin | 9.0% | 8.8% | 11th highest of 21 |
| Forward P/E | 17.5× | 14.9× | 6th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | 5.9% | 1.7% | 5th most demanding of 17 |
| Growth delivered (Del g) | +16.1% | +7.4% | 3rd highest of 17 |
| Hurdle (Req g minus delivered) | -10.2 pp | -7.0 pp | 6th least demanding of 17 |
| ROIC minus cost of capital | +5.2 pp | +7.2 pp | 10th lowest of 21 |
| EV / EBITDA | 11.2× | 9.6× | 6th most expensive of 16 |
| Net debt / EBITDA | 1.0× | -0.1× | 6th most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Steven Madden SHOO | United States | $2.89B | -3% | +18% | 9% | 17.5× | 5.9% | +16.1% |
| Hugo Boss BOSS.DE | Germany | $2.90B | +8% | -5% | 8% | 15.4× | -6.6% | +17.0% |
| Eclat Textile 1476.TW | Taiwan | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% | +6.2% |
| Crystal International 2232.HK | Hong Kong | $2.92B | +23% | +4% | 10% | 11.4× | -5.3% | +6.0% |
| Star Shine 1440.HK | Hong Kong | $2.85B | +34% | -33% | -3% | n/a | n/a | n/a |
| Yue Yuen Industrial (Holdings) 0551.HK | Hong Kong | $2.75B | -7% | -3% | 3% | 13.6× | 2.4% | -0.9% |
| FIGS FIGS | United States | $3.29B | +37% | +25% | 10% | 54.0× | 25.5% | +19.1% |
| BIEM.L.FDLKK Garment 002832.SZ | China | $2.46B | +42% | +23% | 15% | 20.4× | 0.0% | +13.3% |
| Zhejiang Semir Garment 002563.SZ | China | $2.42B | -1% | +4% | 7% | 14.8× | -8.1% | -0.1% |
| Columbia Sportswear COLM | United States | $3.61B | +12% | 0% | 8% | 16.2× | 4.6% | +6.3% |
| Pou Chen 9904.TW | Taiwan | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% | +0.1% |
| Youngone 111770.KS | South Korea | $2.27B | -13% | +15% | 14% | 5.5× | n/a | n/a |
| Under Armour UA | United States | $2.23B | -19% | -3% | 1% | 83.9× | n/a | n/a |
| Mizuno 8022.T | Japan | $2.10B | +27% | +10% | 9% | 15.9× | 4.9% | +11.5% |
| Feng Tay Enterprise 9910.TW | Taiwan | $2.08B | 0% | -4% | 7% | 15.0× | -5.9% | +3.9% |
| PVH PVH | United States | $4.15B | +1% | +2% | 8% | 8.1× | 2.5% | +4.6% |
| K.P.R. Mill KPRMILL.NS | India | $4.21B | +19% | +6% | 18% | 34.8× | 29.9% | +13.3% |
| Kontoor Brands KTB | United States | $4.21B | +5% | +16% | 13% | 13.2× | 1.1% | +8.5% |
| Page Industries PAGEIND.NS | India | $4.22B | -4% | +8% | 19% | 46.8× | 27.7% | +13.1% |
| Goldwin 8111.T | Japan | $1.93B | -1% | +4% | 18% | 12.7× | -6.3% | +8.7% |
| Puma PUM.DE | Germany | $4.42B | +4% | -19% | -6% | n/a | n/a | n/a |