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STEVEN MADDEN, LTD. SHOO

Nasdaq · stock · Footwear, (No Rubber) · website · IPO 1993-12-13 · LEI

STEVEN MADDEN, LTD. statistics & valuation

Market cap$3.2B
P / S1.2×
P / B3.5×
P / FCF26.4×
Dividend yield1.93%
FCF margin4.7%
Net debt$121.7M
Net debt / EBITDA1.1×
Enterprise value USD$3.3B
EV / EBITDA28.7×
Earnings yield EBIT/EV2.5%
Return on capital5.8%
Graham number -72.2%$13.28

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($13.28); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
37.30% 38.20% 38.20% 38.40% 38.70% 41.10% 41.20% 42.00% 41.00% 41.40% 2016201720182019202020212022202320242025
Operating margin (%)
12.10% 10.80% 10.30% 9.90% -2.60% 13.10% 13.30% 10.80% 9.90% 3.20% 2016201720182019202020212022202320242025
Return on equity (%)
16.30% 14.60% 15.90% 16.80% -2.30% 2016201720182019202020212022202320242025
Shares outstanding
90.6M 88.0M 86.1M 83.6M 82.6M 81.6M 78.1M 74.6M 72.2M 72.7M 2016201720182019202020212022202320242025
Net debt ($)
-$189.9M $121.7M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
12.60% 11.20% 12.00% 11.10% -1.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
9.80% 9.10% 8.50% 12.10% 3.10% 8.20% 11.90% 10.60% 7.50% 4.70% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.26× 2016201720182019202020212022202320242025
EPS ($)
$1.35 $1.36 $1.50 $1.69 -$0.23 $2.34 $2.77 $2.30 $2.35 $0.63 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

STEVEN MADDEN, LTD. trades at about 75.7× earnings — above its 10-year norm (10-year range 11.6×–69.7×, median 18.2×).

11.6× 75.7×

Shaded band = 10-year range (11.6×–69.7×); dot = today's 75.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin41.4%41.0%42.0%41.2%41.1%38.7%38.4%38.2%38.2%37.3%
Operating margin3.2%9.9%10.8%13.3%13.1%-2.6%9.9%10.3%10.8%12.1%
Net margin—————-1.5%7.9%7.7%7.5%8.6%
FCF margin4.7%7.5%10.6%11.9%8.2%3.1%12.1%8.5%9.1%9.8%
Return on assets—————-1.6%11.1%12.0%11.2%12.6%
Return on equity—————-2.3%16.8%15.9%14.6%16.3%
Debt / equity0.26×0.00×————————
Current ratio1.902.162.262.632.172.962.563.133.122.89

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.