SHOOSteven Madden, Ltd.

$45.12

Is the business good?

How good a business is SHOO?

Steven Madden, Ltd. earns 8.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

8.3%

Return on invested capital · cost of capital 9.0% · 0.70 points below what the capital costs: growth destroys value

Operating margin
4.8%

Operating margin · Footwear & Accessories median 8.5% · 12 months to Q1 2026

Share count, year on year
+1.2%

Share count, year on year · shareholders own a smaller slice than a year ago

Gross margin
45%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2020−2.6%
FY202113%
FY202213%
FY202311%
FY20249.8%
FY20253.2%
Details
Gross margin12 months to Q1 2026
45%
Operating margin12 months to Q1 2026
4.8%
Free cash flow margin
3.3%
Revenue, trailing twelve months
$2.63B
Free cash flow, trailing twelve months
$87M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
8.3%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.