ESCANasdaqSporting & Athletic Goods, NECFiscal year ends December 31
ESCALADE INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$18.41−0.08 (-0.43%)
Close on Oct 19, 2026
- Market cap
- $255.92M
- P/E (TTM)
- 11.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
26.9%−0.4 pts over 5 years
Operating margin
7.8%−4.3 pts over 5 years
Net margin
5.7%−3.8 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 | -4.5% | -8.5% | -2.6% | +4.2% | |
| Gross profit | +3.9% | -4.2% | -2.9% | +4.0% | |
| Operating income | -6.4% | -10.7% | -10.7% | +3.9% | |
| Net income | +5.5% | -8.7% | -12.0% | +1.7% | |
| EPS, diluted | +6.5% | -8.9% | -11.5% | +1.9% | |
| Free cash flow | -16.2% | +64.0% | – | +10.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 11.6% | 19.5% | 8.0% | |
| Return on assets | 7.8% | 14.0% | 6.1% | |
| Current ratio | 4.11 | 3.16 | 4.28 | |
| Debt to equity | 0.26 | 0.22 | 0.11 | |
| Net debt to EBITDA | 1.30× | 0.72× | 0.28× | |
| Interest coverage | 17.5× | 132.1× | 22.4× | |
| Inventory turnover | 4.3× | 3.5× | 2.4× | |
| Capex to revenue | 1.5% | 2.0% | 1.0% | |
| Diluted shares | 14M | 14M | 14M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Escalade generated $125.04M from operations and spent $72.78M on capital expenditure, dividends and share buybacks. 25% of that went back into the business.
Generated
$125.04M
Used
$72.78M
Capital expenditure$18.44M25%Dividends$38.61M53%Share buybacks$15.73M22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.7%
×Asset turnover1.07×
×Equity multiplier1.31×
=Return on equity, FY20258.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.7% | 1.07× | 1.31× | 8.0% |
| FY2024 | 5.2% | 1.05× | 1.44× | 7.8% |
| FY2023 | 3.7% | 0.96× | 1.71× | 6.1% |
| FY2022 | 5.7% | 1.14× | 1.80× | 11.8% |
| FY2021 | 7.8% | 1.33× | 1.65× | 17.1% |
| FY2020 | 9.5% | 1.48× | 1.39× | 19.5% |
| FY2019 | 4.0% | 1.21× | 1.17× | 5.7% |
| FY2018 | 11.6% | 1.15× | 1.27× | 17.0% |
| FY2017 | 7.9% | 1.16× | 1.44× | 13.2% |
| FY2016 | 6.7% | 1.17× | 1.49× | 11.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
9of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$13.70M
- Cash generatingOperating cash flow above zero$31.01M
- Return on assets improvedROA up on the prior year5.1% → 6.1%
- Earnings backed by cashOperating cash flow above net income$31.01M vs $13.70M
- Less leverageLong-term debt to assets fell8.2% → 5.1%
- Better liquidityCurrent ratio rose3.88 → 4.28
- No dilutionShare count did not rise14M → 14M
- Gross margin improvedGross margin up on the prior year24.73% → 26.92%
- More efficientAsset turnover rose0.99 → 1.06