CALNYSEFootwear, (No Rubber)Fiscal year ends January 30
CALERES INC
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 10, 2026
$12.75−0.23 (-1.77%)
Close on Oct 19, 2026
- Market cap
- $418.54M
- P/E (TTM)
- 8.6
- Dividend yield
- 2.20%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
43.0%+5.8 pts over 5 years
Operating margin
0.2%+23.2 pts over 5 years
Net margin
-0.2%+20.5 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 | +1.3% | -2.4% | +5.4% | +39.3% | |
| Gross profit | -3.0% | -2.7% | +8.5% | +1.2% | |
| Operating income | -95.7% | -69.0% | – | -26.3% | |
| Free cash flow | -28.8% | -17.4% | -18.5% | -6.3% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | 0.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.8% | -103.8% | -1.1% | |
| Return on assets | 4.7% | -20.4% | -0.3% | |
| Current ratio | 1.60 | 0.86 | 1.02 | |
| Interest coverage | 7.0× | – | – | |
| Inventory turnover | -1.7× | 2.4× | 2.7× | |
| Capex to revenue | 55.3% | 0.8% | 2.3% | |
| Diluted shares | 42M | 37M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Caleres generated $702.21M from operations and spent $449.43M on capital expenditure, dividends and share buybacks. 52% of that went back into the business.
Generated
$702.21M
Used
$449.43M
Capital expenditure$231.78M52%Dividends$49.93M11%Share buybacks$167.72M37%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.2%
×Asset turnover1.43×
×Equity multiplier3.21×
=Return on equity, FY2025-1.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -0.2% | 1.43× | 3.21× | -1.1% |
| FY2024 | 3.9% | 1.47× | 3.19× | 18.5% |
| FY2023 | 6.1% | 1.55× | 3.71× | 34.9% |
| FY2022 | 6.1% | 1.61× | 4.98× | 49.2% |
| FY2021 | 4.9% | 1.50× | 7.15× | 52.8% |
| FY2020 | -20.7% | 0.98× | 5.08× | -103.8% |
| FY2019 | 2.2% | 1.37× | 3.34× | 9.8% |
| FY2018 | -0.2% | 1.70× | 2.46× | -0.8% |
| FY2017 | 3.1% | 1.88× | 2.23× | 13.1% |
| FY2016 | 71.8% | 0.07× | 2.29× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$6.69M
- Cash generatingOperating cash flow above zero$103.18M
- Return on assets improvedROA up on the prior year5.9% → -0.4%
- Earnings backed by cashOperating cash flow above net income$103.18M vs -$6.69M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.10 → 1.02
- No dilutionShare count did not rise34M → 33M
- Gross margin improvedGross margin up on the prior year44.88% → 42.96%
- More efficientAsset turnover rose1.51 → 1.46