Is the business good?
How good a business is BIRK?
Birkenstock Holding plc earns 12% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
12%
Return on invested capital · cost of capital 9.0% · 3.1 points above what the capital costs: growth creates value
- Cash conversion
- 0.71×
Cash conversion · 1.83× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −2.1%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2022 | 29% |
| FY2023 | 17% |
| FY2024 | 23% |
| FY2025 | 26% |
Details›
- Free cash flow, trailing twelve months
- $268M
- Net income, trailing twelve months
- $379M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 12%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Footwear & Accessories
Ranks #7 of 7 by Smart Score