DBINYSERetail-Shoe StoresFiscal year ends January 30
Designer Brands Inc.
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 10, 2026
$6.05−0.14 (-2.26%)
Close on Oct 19, 2026
- Market cap
- $338.64M
- P/E (TTM)
- 24.2
- Dividend yield
- 3.31%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
43.6%+29.6 pts over 5 years
Operating margin
1.7%+27.9 pts over 5 years
Net margin
-0.3%+21.6 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 | -3.9% | -4.4% | +5.3% | +1.0% | |
| Gross profit | -2.0% | -4.7% | +32.3% | +5.1% | |
| Operating income | +36.7% | -36.6% | – | -13.9% | |
| Free cash flow | +149.7% | -18.9% | – | -5.7% | |
| Dividend per share | 0.0% | 0.0% | +14.9% | -12.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -22.0% | -0.4% | |
| Current ratio | 2.40 | 1.04 | 1.19 | |
| Net debt to EBITDA | – | -0.55× | – | |
| Interest coverage | 840.2× | -24.4× | – | |
| Inventory turnover | 3.9× | 3.5× | 2.8× | |
| Capex to revenue | 3.2% | 1.4% | 1.1% | |
| Diluted shares | 82M | 72M | 49M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Designer Brands generated $727.35M from operations and spent $589.53M on capital expenditure, dividends and share buybacks. 38% of that went back into the business.
Generated
$727.35M
Used
$589.53M
Capital expenditure$225.50M38%Dividends$45.74M8%Share buybacks$318.29M54%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-21.9%
×Asset turnover1.01×
×Equity multiplier-768.32×
=Return on equity, FY202016907.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2020 | -21.9% | 1.01× | -768.32× | 16907.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$8.37M
- Cash generatingOperating cash flow above zero$109.86M
- Return on assets improvedROA up on the prior year-0.5% → -0.4%
- Earnings backed by cashOperating cash flow above net income$109.86M vs -$8.37M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.24 → 1.19
- No dilutionShare count did not rise54M → 49M
- Gross margin improvedGross margin up on the prior year42.73% → 43.57%
- More efficientAsset turnover rose1.45 → 1.44