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Caleres, Inc. (CAL) 10-Year Financial Performance & Capital Metrics

CAL • • Industrial / General
Consumer CyclicalFootwear & AccessoriesFashion & Dress FootwearFashion Footwear Brands
AboutCaleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products to women, men, and children. Its retail shoe stores provide brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Converse, Crocs, Puma, Birkenstock, New Balance, Asics, New Balance, Under Armour, Bearpaw, Timberland, Sperry, and Dr. Martens, as well as company-owned and licensed brands, such as Dr. Scholl's Shoes, Blowfish Malibu, LifeStride, Naturalizer, Zodiac, Circus by Sam Edelman, Franco Sarto, and Ryka. The company also operates naturalizer.com, naturalizer.ca, vionicshoes.com, samedelman.com, allenedmonds.com, drschollsshoes.com, lifestride.com, francosarto.com, ryka.com, bzees.com, and zodiacshoes.com, as well as Vince.com, blowfishshoes.com, and veronicabeard.com websites. In addition, it designs, sources, manufactures, and markets footwear to retail stores, such as national chains, online retailers, department stores, mass merchandisers, independent retailers, and catalogs. Further, the company wholesales men's apparel, leather goods, and accessories under the Allen Edmonds brand; footwear for women under LifeStride brand; Italian footwear Franco Sarto brand; athletic footwear for women under the Rykä brand; women's shoe collection under the Vince brand; and women's footwear under the Bzees brand; other footwear under Zodiac brand; and women's footwear collection under Veronica Beard brand, as well as Via Spiga brand. It operates approximately 980 retail stores. The company was formerly known as Brown Shoe Company, Inc. Caleres, Inc. was founded in 1878 and is headquartered in St. Louis, Missouri.Show more
  • Revenue $2.72B -3.4%
  • EBITDA $206M -19.0%
  • Net Income $107M -34.6%
  • EPS (Diluted) 3.09 -35.6%
  • Gross Margin 44.88% +0.1%
  • EBITDA Margin 7.58% -16.2%
  • Operating Margin 5.5% -23.0%
  • Net Margin 3.94% -32.3%
  • ROE 18.28% -44.6%
  • ROIC 8.33% -28.9%
  • Debt/Equity 1.36 +3.5%
  • Interest Coverage 10.74 +3.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 33.3%
  • ✓Healthy dividend yield of 2.1%
  • ✓Trading at only 0.8x book value
  • ✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

  • ✗Thin 5Y average net margin of 0.0%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y0.57%
5Y-1.4%
3Y-0.66%
TTM-5.31%

Profit (Net Income) CAGR

10Y2.62%
5Y11.56%
3Y-7.84%
TTM-63.21%

EPS CAGR

10Y5.04%
5Y14.36%
3Y-4.61%
TTM-62.12%

ROCE

10Y Avg11.98%
5Y Avg14.71%
3Y Avg19.49%
Latest13.63%

Peer Comparison

Fashion Footwear Brands
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Valuation
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Quality & Returns
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Technical
Volume & Trading
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SHOOSteven Madden, Ltd.3.36B46.2319.6715.21%2.38%6.35%5.13%0.17
WEYSWeyco Group, Inc.299.44M31.369.92-8.73%8.71%9.7%12.14%0.05
CALCaleres, Inc.467.08M13.784.46-3.36%2.25%9.61%11.86%1.36

Profit & Loss

Jan 2016Jan 2017Feb 2018Feb 2019Feb 2020Jan 2021Jan 2022Jan 2023Feb 2024Feb 2025
Sales/Revenue+2.58B2.58B2.79B2.83B2.92B2.12B2.78B2.97B2.82B2.72B
Revenue Growth %0%0%0.08%0.02%0.03%-0.28%0.31%0.07%-0.05%-0.03%
Cost of Goods Sold+1.53B1.52B1.62B1.68B1.74B1.33B1.55B1.68B1.55B1.5B
COGS % of Revenue0.59%0.59%0.58%0.59%0.59%0.63%0.56%0.57%0.55%0.55%
Gross Profit+1.05B1.06B1.17B1.16B1.18B787.05M1.23B1.28B1.26B1.22B
Gross Margin %0.41%0.41%0.42%0.41%0.41%0.37%0.44%0.43%0.45%0.45%
Gross Profit Growth %0.01%0.01%0.1%-0.01%0.02%-0.34%0.56%0.05%-0.02%-0.03%
Operating Expenses+912.7M927.6M1.02B1.04B1.07B889.49M1.02B1.07B1.06B1.07B
OpEx % of Revenue0.35%0.36%0.37%0.37%0.36%0.42%0.37%0.36%0.38%0.39%
Selling, General & Admin912.7M927.6M1.02B1.04B1.07B889.49M1.01B1.07B1.06B1.07B
SG&A % of Revenue0.35%0.36%0.37%0.37%0.36%0.42%0.36%0.36%0.37%0.39%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses00000013.48M06.85M7.17M
Operating Income+135.11M110.98M140.03M401K60.94M-102.44M205.81M214.33M201.31M149.86M
Operating Margin %0.05%0.04%0.05%0%0.02%-0.05%0.07%0.07%0.07%0.06%
Operating Income Growth %0.07%-0.18%0.26%-1%150.97%-2.68%3.01%0.04%-0.06%-0.26%
EBITDA+186.55M167.12M204.1M63.1M126.5M-41.9M258.14M263.34M254.59M206.28M
EBITDA Margin %0.07%0.06%0.07%0.02%0.04%-0.02%0.09%0.09%0.09%0.08%
EBITDA Growth %0.05%-0.1%0.22%-0.69%1%-1.33%7.16%0.02%-0.03%-0.19%
D&A (Non-Cash Add-back)51.44M56.13M64.07M62.7M65.56M60.54M52.33M49.01M53.28M56.43M
EBIT125.36M110.98M140.03M12.52M106.32M-468.82M204.75M227.3M200.66M149.12M
Net Interest Income+-15.69M-13.73M-17.32M-18.28M-48.29M-48.29M-30.93M-14.26M-19.34M-13.96M
Interest Income899K1.38M764K033.12M00000
Interest Expense16.59M15.11M18.09M18.28M33.12M48.29M30.93M14.26M19.34M13.96M
Other Income/Expense-26.34M-41.52M-17.32M-137.84M17.65M-414.67M-16.56M-1.29M-19.98M-14.7M
Pretax Income+108.77M97.25M122.71M-5.75M78.59M-517.11M189.24M213.03M181.32M135.16M
Pretax Margin %0.04%0.04%0.04%-0%0.03%-0.24%0.07%0.07%0.06%0.05%
Income Tax+26.94M31.17M35.48M-273K16.51M-78.12M51.08M33.34M9.49M29.06M
Effective Tax Rate %0.75%0.68%0.71%0.95%0.79%0.85%0.72%0.85%0.9%0.79%
Net Income+81.48M65.66M87.2M-5.44M62.08M-438.99M137.02M181.74M163.87M107.25M
Net Margin %0.03%0.03%0.03%-0%0.02%-0.21%0.05%0.06%0.06%0.04%
Net Income Growth %-0.02%-0.19%0.33%-1.06%12.41%-8.07%1.31%0.33%-0.1%-0.35%
Net Income (Continuing)81.82M66.09M87.23M-5.48M62.08M-438.99M138.16M179.69M171.83M106.1M
Discontinued Operations0000000000
Minority Interest988K1.37M1.47M1.38M3.18M3.61M4.82M5.43M6.94M6.92M
EPS (Diluted)+1.851.522.02-0.131.58-11.793.564.924.803.09
EPS Growth %-0.02%-0.18%0.33%-1.06%13.15%-8.46%1.3%0.38%-0.02%-0.36%
EPS (Basic)1.861.522.03-0.131.58-11.793.594.984.803.10
Diluted Shares Outstanding42.66M42.18M41.98M41.76M39.85M37.22M37.09M35.41M34.15M33.51M
Basic Shares Outstanding42.45M42.03M41.8M41.76M39.8M37.22M36.74M34.93M34.14M33.4M
Dividend Payout Ratio0.15%0.18%0.14%-0.18%-0.08%0.06%0.06%0.09%

Balance Sheet

Jan 2016Jan 2017Feb 2018Feb 2019Feb 2020Jan 2021Jan 2022Jan 2023Feb 2024Feb 2025
Total Current Assets+875.07M843.75M846.79M976.45M882.3M782.56M836.48M831.46M788.91M836.51M
Cash & Short-Term Investments118.15M55.33M64.05M30.2M45.22M88.3M30.11M33.7M21.36M29.64M
Cash Only118.15M55.33M64.05M30.2M45.22M88.3M30.11M33.7M21.36M29.64M
Short-Term Investments0000000000
Accounts Receivable153.66M153.12M152.61M191.72M162.18M126.99M155.31M150.33M154.62M169.57M
Days Sales Outstanding21.7621.672024.6920.2621.8920.4118.4920.0322.73
Inventory546.75M585.76M569.38M683.17M618.41M487.95M596.81M580.22M540.67M565.24M
Days Inventory Outstanding130.46140.9128.53148.56129.93133.91140.51125.81126.96137.48
Other Current Assets56.51M49.53M04.88M56.49M33.92M5.46M67.21M72.26M72.06M
Total Non-Current Assets+428.26M631.53M642.63M862.12M1.55B1.08B1.01B1.01B1.02B1.06B
Property, Plant & Equipment179.01M219.2M212.8M230.78M920.44M726.74M653.67M679.08M695.61M581.11M
Fixed Asset Turnover14.40x11.77x13.09x12.28x3.17x2.91x4.25x4.37x4.05x4.69x
Goodwill13.95M127.1M127.08M242.53M245.28M4.96M4.96M4.96M4.96M4.96M
Intangible Assets116.94M216.66M212.09M307.37M294.3M235.12M222.55M210.44M198.35M187.32M
Long-Term Investments-1.85M-2.49M-2.31M-9.83M-9.73M-8.24M-14.73M032.7M0
Other Non-Current Assets118.35M68.57M90.66M81.44M89.39M117.68M126.28M110.55M84.22M280.04M
Total Assets+1.3B1.48B1.49B1.84B2.43B1.87B1.84B1.84B1.8B1.89B
Asset Turnover1.98x1.75x1.87x1.54x1.20x1.13x1.51x1.62x1.56x1.44x
Asset Growth %0.07%0.13%0.01%0.23%0.32%-0.23%-0.01%-0%-0.02%0.05%
Total Current Liabilities+390.3M527.6M430.16M853.34M850.95M905.51M1.03B911.2M742.96M757.93M
Accounts Payable237.8M266.37M272.96M316.3M267.02M280.5M331.47M229.91M251.91M237.04M
Days Payables Outstanding56.7464.0761.6268.7856.176.9878.0449.8559.1657.65
Short-Term Debt0110M0335M0250M290M307.5M182M219.5M
Deferred Revenue (Current)000001000K0000
Other Current Liabilities93.98M102.98M103.75M137.06M394.16M-14.58M164.99M87.04M114.74M7.98M
Current Ratio2.24x1.60x1.97x1.14x1.04x0.86x0.82x0.91x1.06x1.10x
Quick Ratio0.84x0.49x0.64x0.34x0.31x0.33x0.23x0.28x0.33x0.36x
Cash Conversion Cycle95.4898.586.91104.4694.0978.8382.8894.4587.84102.56
Total Non-Current Liabilities+310.55M333.19M340.29M349.8M931.63M757.69M494.93M499.16M494.22M530.87M
Long-Term Debt196.54M197M197.47M197.93M827.42M198.85M452.91M000
Capital Lease Obligations0000629.03M518.94M452.91M444.07M453.1M479.52M
Deferred Tax Liabilities32.27M52.7M50.67M49.99M55.01M8.24M14.73M19M11.54M31.77M
Other Non-Current Liabilities81.74M83.49M92.16M101.88M-579.84M31.65M27.29M36.09M29.59M19.58M
Total Liabilities700.85M860.79M770.45M1.2B1.78B1.66B1.52B1.41B1.24B1.29B
Total Debt+196.54M307M197.47M532.93M1.23B1.12B871.4M887.63M747.86M826.55M
Net Debt78.39M251.67M133.43M502.73M1.19B1.03B841.29M853.92M726.5M796.91M
Debt / Equity0.33x0.50x0.27x0.84x1.90x5.50x2.69x2.08x1.32x1.36x
Debt / EBITDA1.05x1.84x0.97x8.45x9.73x-3.38x3.37x2.94x4.01x
Net Debt / EBITDA0.42x1.51x0.65x7.97x9.37x-3.26x3.24x2.85x3.86x
Interest Coverage8.14x7.34x7.74x0.02x1.84x-2.12x6.65x15.03x10.41x10.74x
Total Equity+602.47M614.49M718.96M635.43M649.13M203.85M323.39M426.11M567.57M605.95M
Equity Growth %0.11%0.02%0.17%-0.12%0.02%-0.69%0.59%0.32%0.33%0.07%
Book Value per Share14.1214.5717.1315.2216.295.488.7212.0416.6218.08
Total Shareholders' Equity601.48M613.12M717.49M634.05M645.95M200.25M318.57M420.68M560.63M599.02M
Common Stock437K430K430K419K404K380K376K357K355K336K
Retained Earnings468.03M521.58M595.77M519.35M523.9M48.56M157.97M266.33M410.33M442.39M
Treasury Stock0000000000
Accumulated OCI-5.86M-30.43M-15.17M-31.6M-31.84M-9.14M-8.61M-26.75M-34.5M-34.02M
Minority Interest988K1.37M1.47M1.38M3.18M3.61M4.82M5.43M6.94M6.92M

Cash Flow

Jan 2016Jan 2017Feb 2018Feb 2019Feb 2020Jan 2021Jan 2022Jan 2023Feb 2024Feb 2025
Cash from Operations+149.15M183.62M191.38M129.59M170.79M126.35M168.44M125.88M200.15M104.56M
Operating CF Margin %0.06%0.07%0.07%0.05%0.06%0.06%0.06%0.04%0.07%0.04%
Operating CF Growth %0.26%0.23%0.04%-0.32%0.32%-0.26%0.33%-0.25%0.59%-0.48%
Net Income81.82M66.09M87.23M-5.48M62.08M-438.99M138.16M179.69M163.87M106.1M
Depreciation & Amortization51.44M56.13M64.07M62.7M65.56M60.54M52.33M49.01M53.28M56.43M
Stock-Based Compensation7.49M7.72M11.3M13.8M10.25M8.1M12.3M17.31M14.8M15.14M
Deferred Taxes10.58M-5.3M-1.42M-6.92M9.8M-37.03M6.49M4.27M-11.87M19.81M
Other Non-Cash Items19.47M23.14M10.41M107.02M21.66M381.93M-26.65M1.77M11.48M1.88M
Working Capital Changes-21.65M35.85M19.79M-41.52M1.44M151.81M-14.19M-126.17M-31.43M-94.8M
Change in Receivables-17.44M5.43M-828K-2.63M28.77M40.25M7M-10.3M-8.49M-15.61M
Change in Inventory-5.27M13.84M18.1M-51.68M63.43M130.8M-108.77M16.24M39.49M-23.29M
Change in Payables21.88M16.07M6.16M17.24M-46.11M13.37M50.94M-101.45M22.04M-14.36M
Cash from Investing+-73.78M-319.49M-51.18M-436.36M-49.52M-22.06M-24.14M-64.04M-49.62M-51.69M
Capital Expenditures-81.21M-59.56M-51.18M-66.9M-50.15M-22.06M-24.14M-64.04M-44.58M-49.15M
CapEx % of Revenue0.03%0.02%0.02%0.02%0.02%0.01%0.01%0.02%0.02%0.02%
Acquisitions----------
Investments----------
Other Investing7.43M-9.04M-6.46M-4.42M-2.5M-139K-5.75M-3.14M-5.03M-2.54M
Cash from Financing+-23.47M72.82M-131.84M273.17M-106.33M-61.31M-202.38M-58.15M-162.99M-44.51M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-12.25M-12.1M-12.03M-11.98M-11.42M-10.76M-10.65M-10.18M-9.95M-9.69M
Share Repurchases----------
Other Financing-6.3M-1.94M0-6.08M-46.56M-2.19M-5.78M-2.25M-10.09M-7.28M
Net Change in Cash----------
Free Cash Flow+67.94M124.06M140.2M62.69M120.63M104.29M144.3M61.84M150.53M55.41M
FCF Margin %0.03%0.05%0.05%0.02%0.04%0.05%0.05%0.02%0.05%0.02%
FCF Growth %17.32%0.83%0.13%-0.55%0.92%-0.14%0.38%-0.57%1.43%-0.63%
FCF per Share1.592.943.341.503.032.803.891.754.411.65
FCF Conversion (FCF/Net Income)1.83x2.80x2.19x-23.82x2.75x-0.29x1.23x0.69x1.22x0.97x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)14.24%10.79%13.08%-0.8%9.67%-102.93%51.98%48.5%32.98%18.28%
Return on Invested Capital (ROIC)14.96%10.76%12.22%0.03%3.08%-5%12.86%13.15%11.73%8.33%
Gross Margin40.65%41.17%41.95%40.79%40.54%37.18%44.19%43.29%44.83%44.88%
Net Margin3.16%2.55%3.13%-0.19%2.13%-20.74%4.93%6.12%5.82%3.94%
Debt / Equity0.33x0.50x0.27x0.84x1.90x5.50x2.69x2.08x1.32x1.36x
Interest Coverage8.14x7.34x7.74x0.02x1.84x-2.12x6.65x15.03x10.41x10.74x
FCF Conversion1.83x2.80x2.19x-23.82x2.75x-0.29x1.23x0.69x1.22x0.97x
Revenue Growth0.22%0.08%7.99%1.77%3.06%-27.54%31.2%6.86%-5.08%-3.36%

Revenue by Segment

2015201620172018201920202021202220232024
Famous Footwear1.57B1.59B1.64B1.61B1.59B1.26B1.75B1.71B1.61B1.56B
Famous Footwear Growth-1.11%2.99%-1.88%-1.17%-20.43%38.36%-2.47%-5.61%-3.29%
Brand Portfolio1B989.32M1.15B1.23B1.41B902.48M1.08B1.32B1.27B1.23B
Brand Portfolio Growth--1.54%16.03%6.98%14.53%-35.83%19.78%22.37%-3.93%-3.53%

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES2.34B2.39B2.6B2.66B2.73B1.98B2.6B2.76B2.62B2.53B
UNITED STATES Growth-1.82%9.17%2.04%2.94%-27.43%31.04%6.27%-5.04%-3.50%
East Asia--------130.42M111.67M
East Asia Growth----------14.38%
CANADA57.19M59.85M75.76M63.35M80.25M-43.79M44.48M48.22M58.14M
CANADA Growth-4.65%26.60%-16.38%26.66%--1.59%8.40%20.57%
Other.------13.11M13.06M14.18M20.16M
Other. Growth--------0.40%8.57%42.17%
Eastern Asia------119.86M146.7M--
Eastern Asia Growth-------22.40%--
Asia-----77.79M----
Asia Growth----------
Canada-----46.78M----
Canada Growth----------
Other-----7.78M----
Other Growth----------
Far East177.65M134.43M98.29M93.88M98.05M-----
Far East Growth--24.33%-26.89%-4.48%4.43%-----
Latin America----8.36M-----
Latin America Growth----------
Latin America Europe And Other--7.81M20.68M------
Latin America Europe And Other Growth---164.87%------

Frequently Asked Questions

Valuation & Price

Caleres, Inc. (CAL) has a price-to-earnings (P/E) ratio of 4.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Caleres, Inc. (CAL) reported $2.65B in revenue for fiscal year 2024. This represents a 3% increase from $2.58B in 2011.

Caleres, Inc. (CAL) saw revenue decline by 3.4% over the past year.

Yes, Caleres, Inc. (CAL) is profitable, generating $59.8M in net income for fiscal year 2024 (3.9% net margin).

Dividend & Returns

Yes, Caleres, Inc. (CAL) pays a dividend with a yield of 2.10%. This makes it attractive for income-focused investors.

Caleres, Inc. (CAL) has a return on equity (ROE) of 18.3%. This is reasonable for most industries.

Caleres, Inc. (CAL) had negative free cash flow of $37.0M in fiscal year 2024, likely due to heavy capital investments.

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