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SHOO Financials Steven Madden, Ltd.

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 Overview →

Growth & profitability

  • Revenue has grown 16.2% per year over the past 5 years.
  • Operating margin has expanded, at 3.2% in the latest year.
  • Free cash flow has grown 26.0% per year over the past 5 years.

Financial health

  • Total debt ($234M) exceeds cash ($112M); net debt is $122M.
  • Total debt is 2.1× EBITDA.

Shareholder returns

  • Dividends have been paid for 8 consecutive years, consuming 136.5% of earnings and 51.0% of free cash flow.
  • The dividend has grown 37.4% per year over the past 5 years.
Revenue & net income
-$18M $1B $3B $0 2012 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-3% 20% 42% 0% 2012 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-2% 12% 26% 0% 2012 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $126M $252M 2012 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $137M $275M 2012 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$401M -$67M $268M $0 2012 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $2.5B $45M 41.6% 3.2% 5.2% 2.3% $120M $234M $112M
2024 $2.3B $169M 41.2% 9.9% 20.0% 12.0% $172M $0 $190M
2023 $2.0B $172M 42.2% 10.8% 20.7% 12.7% $210M $205M
2022 $2.1B $216M 41.4% 13.3% 26.0% 17.2% $252M $275M
2021 $1.9B $191M 41.4% 13.1% 23.5% 14.1% $153M $219M
2020 $1.2B -$18M 39.1% -2.7% -2.4% -1.6% $38M $248M
2019 $1.8B $141M 38.8% 10.0% 17.1% 11.1% $215M $264M
2018 $1.7B $129M 38.7% 10.5% 16.0% 12.0% $142M $200M
2017 $1.5B $118M 38.7% 11.0% 14.7% 11.2% $143M $181M
2016 $121M 16.3% 12.6% $138M $126M
2015 $113M 16.6% 12.4% $117M $72M
2014 $112M 16.7% 12.3% $134M $81M
2013 $132M 19.5% 15.0% $135M $180M
2012 $120M 19.1% 14.9% $123M $169M
2012 $32M 5.4% 4.0% $65M

Valuation over time

How the market has priced SHOO 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.

Price / earnings (P/E)
0.0 37.8 75.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.9 1.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 2.0 4.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is SHOO growing its revenue and profit?

Over the past 5 years, Steven Madden, Ltd.'s revenue has grown 16.2% per year. These are computed facts, not advice.

How much debt does SHOO have?

As of FY2025, Steven Madden, Ltd. reported $234M of total debt against $112M of cash.

What is SHOO's profit margin?

In FY2025, gross margin was 41.6%, operating margin 3.2%, and net margin 1.8%.

What is SHOO's P/E ratio?

As of Sep '26, Steven Madden, Ltd. traded at a price-to-earnings ratio of about 69.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.