BKENYSERetail-Family Clothing StoresFiscal year ends January 30
BUCKLE INC
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 10, 2026
$46.95+0.45 (+0.97%)
Close on Oct 19, 2026
- Market cap
- $2.39B
- P/E (TTM)
- 10.8
- Dividend yield
- 9.37%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
49.0%+4.5 pts over 5 years
Operating margin
20.1%+1.5 pts over 5 years
Net margin
16.2%+1.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.6% | -1.2% | +7.6% | +1.5% | |
| Gross profit | +7.3% | -2.0% | +9.7% | +2.8% | |
| Operating income | +8.3% | -7.3% | +9.2% | +1.3% | |
| Net income | +7.3% | -6.3% | +10.0% | +3.6% | |
| EPS, diluted | +6.4% | -6.9% | +9.3% | +3.1% | |
| Free cash flow | +3.0% | -1.0% | -1.3% | +5.1% | |
| Dividend per share | +12.8% | +2.8% | +11.1% | +8.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 23.2% | 33.1% | 49.4% | |
| Return on assets | 17.0% | 15.2% | 22.0% | |
| Current ratio | 3.92 | 2.12 | 1.89 | |
| Inventory turnover | 4.2× | 4.5× | 5.1× | |
| Capex to revenue | 3.2% | 0.8% | 3.5% | |
| Diluted shares | 48M | 49M | 51M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Buckle generated $1.30B from operations and spent $1.34B on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$1.30B
Used
$1.34B
Capital expenditure$174.37M13%Dividends$1.17B87%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin16.2%
×Asset turnover1.36×
×Equity multiplier2.24×
=Return on equity, FY202549.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 16.2% | 1.36× | 2.24× | 49.4% |
| FY2024 | 16.1% | 1.35× | 2.15× | 46.7% |
| FY2023 | 17.4% | 1.46× | 2.19× | 55.7% |
| FY2022 | 18.9% | 1.66× | 2.35× | 73.9% |
| FY2021 | 19.7% | 1.59× | 2.29× | 71.8% |
| FY2020 | 14.4% | 1.05× | 2.18× | 33.1% |
| FY2019 | 11.6% | 1.29× | 1.78× | 26.7% |
| FY2018 | 10.8% | 1.66× | 1.36× | 24.4% |
| FY2017 | 9.8% | 1.63× | 1.36× | 21.8% |
| FY2016 | 10.0% | 1.69× | 1.37× | 23.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$209.74M
- Cash generatingOperating cash flow above zero$251.14M
- Return on assets improvedROA up on the prior year22.0% → 23.0%
- Earnings backed by cashOperating cash flow above net income$251.14M vs $209.74M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.05 → 1.89
- No dilutionShare count did not rise50M → 51M
- Gross margin improvedGross margin up on the prior year48.68% → 48.99%
- More efficientAsset turnover rose1.37 → 1.42