ESCA Financials ESCALADE INC

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has declined 2.6% per year over the past 5 years.
Net income has grown slower than revenue (-12.0% vs -2.6% per year).
Operating margin has contracted, at 7.8% in the latest year.

Financial health

Total debt ($18M) exceeds cash ($12M); net debt is $7M.
Total debt has grown slower than revenue (-9.3% vs -2.6% per year).
Operating income covered interest expense 22× in the latest year, down from 132× 5 years ago.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 60.4% of earnings and 29.0% of free cash flow.
The dividend has grown 2.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$240M	$14M	26.9%	7.8%	7.9%	6.2%	$29M	$18M	$12M
2024	$252M	$13M	24.7%	8.0%	7.7%	5.7%	$34M	$26M	$4M
2023	$264M	$10M	23.4%	6.8%	6.0%	3.9%	$46M	$51M	$16000
2022	$314M	$18M	23.5%	8.4%	11.4%	6.0%	$6M	$95M	$4M
2021	$314M	$24M	24.6%	10.2%	16.6%	9.7%	-$9M	$58M	$4M
2020	$274M	$26M	27.3%	12.1%	18.6%	11.8%	-$3M	$30M	$4M
2019	$181M	$7M	23.5%	5.1%	5.8%	4.9%	$14M	$0	$6M
2018	$176M	$20M	25.6%	7.9%	15.9%	13.7%	$4M	$0	$3M
2017	$196M	$14M	32.3%	7.5%	12.6%	9.0%	$11M	$24M	$2M
2016	$190M	$11M	32.9%	7.7%	11.3%	7.6%	$10M	$27M	$1M
2015	—	$12M	—	—	12.0%	8.1%	$10M	$25M	—
2014	—	$12M	—	—	13.2%	9.2%	$17M	$25M	—
2013	—	$10M	—	—	11.1%	6.9%	$7M	$32M	—
2012	—	-$5M	—	—	-6.1%	-3.9%	$4M	$27M	—
2011	—	$4M	—	—	5.1%	3.4%	$206000	$27M	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$66M	$7M	29.4%	13.2%	3.6%	2.7%	$14M	$13M	$25M
Jun '26	$58M	$9M	26.2%	20.7%	5.2%	4.0%	$8M	—	$16M
Mar '26	$56M	$4M	30.7%	10.5%	2.5%	1.9%	$5M	$17M	$13M
Dec '25	$63M	$4M	27.7%	8.2%	2.1%	1.7%	$14M	$18M	$12M
Sep '25	$68M	$6M	28.1%	10.8%	3.2%	2.4%	-$1M	$20M	$4M
Jun '25	$54M	$2M	24.7%	4.8%	1.1%	0.8%	$13M	$22M	$10M
Mar '25	$55M	$3M	26.7%	6.6%	1.6%	1.2%	$3M	$24M	$2M
Dec '24	$64M	$3M	24.9%	7.1%	1.6%	1.2%	$12M	$26M	$4M
Sep '24	$68M	$6M	24.8%	11.8%	3.3%	2.3%	$10M	$29M	$426000
Jun '24	$63M	$3M	24.2%	7.1%	1.7%	1.2%	$12M	$43M	$362000
Mar '24	$57M	$2M	25.0%	5.3%	1.1%	0.7%	-$350000	$54M	$283000
Dec '23	$66M	$3M	24.3%	7.6%	1.7%	1.1%	$20M	$51M	$16000
Sep '23	$73M	$4M	24.7%	8.8%	2.7%	1.5%	$14M	$72M	$919000
Jun '23	$68M	$4M	24.6%	9.2%	2.3%	1.3%	$8M	$84M	$577000
Mar '23	$57M	-$952000	19.4%	0.3%	-0.6%	-0.3%	$4M	$95M	$6M
Dec '22	$72M	$3M	22.4%	6.8%	1.7%	0.9%	$14M	$95M	$4M
Oct '22	$75M	$3M	18.2%	5.6%	1.9%	0.9%	-$6M	$107M	$4M
Jul '22	$94M	$6M	25.1%	8.7%	3.6%	1.8%	$2M	$101M	$6M
Mar '22	$72M	$7M	27.8%	12.5%	4.4%	2.2%	-$4M	$100M	$6M
Dec '21	$73M	$5M	22.2%	8.7%	3.3%	1.9%	$3M	$58M	$4M

Valuation over time

How the market has priced ESCA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 11.1× (Mar '23) to 21.2× (Nov '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 1.2× (Nov '26).
The dividend yield has fallen from 4.1% (Mar '23) to 2.8% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is ESCA growing its revenue and profit?

Over the past 5 years, ESCALADE INC's revenue has declined 2.6% per year, and net income declined 12.0% per year. These are computed facts, not advice.

How much debt does ESCA have?

As of FY2025, ESCALADE INC reported $18M of total debt against $12M of cash; operating income covered interest expense 22×.

What is ESCA's profit margin?

In FY2025, gross margin was 26.9%, operating margin 7.8%, and net margin 5.7%.

What is ESCA's P/E ratio?

ESCALADE INC's P/E (TTM) is 11.99 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ESCA stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 21.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.