Destination XL Group, Inc. (DXLG) 10-Year Financial Performance & Capital Metrics

DXLG • • Industrial / General

Consumer CyclicalApparel RetailSpecialty & Niche Apparel RetailersPlus-Size & Big & Tall Specialists

AboutDestination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada. Its stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides tailored-related separates, blazers, dress slacks, dress shirts, and neckwear; and vintage-screen T-shirts and wovens under various private labels. The company offers its products under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. As of January 29, 2022, it operated 220 DXL retail stores, 16 DXL outlet stores, 35 Casual Male XL retail stores, and 19 Casual Male XL outlet stores; an e-commerce site, dxl.com; a mobile site, m.destinationXL.com; and mobile app. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts.Show more

Revenue $467M -10.5%
EBITDA $18M -68.4%
Net Income $3M -89.0%
EPS (Diluted) 0.05 -88.4%
Gross Margin 46.51% -3.9%
EBITDA Margin 3.77% -64.7%
Operating Margin 0.8% -90.1%
Net Margin 0.65% -87.7%
ROE 2.11% -89.2%
ROIC 0.95% -92.4%
Debt/Equity 1.31 +26.0%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 37.6%
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 7.3% through buybacks
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.21%

5Y-0.3%

3Y-2.57%

TTM-8.83%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-62.23%

TTM-179.54%

EPS CAGR

10Y-

5Y-

3Y-60.8%

TTM-192.63%

ROCE

10Y Avg2.31%

5Y Avg10.96%

3Y Avg14.3%

Latest1.34%

Peer Comparison

Plus-Size & Big & Tall Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSCOVictoria's Secret & Co.	5.07B	63.11	30.94	0.78%	2.67%	24.77%	4.88%	4.06
DXLGDestination XL Group, Inc.	50.83M	0.93	18.60	-10.5%	-1.73%	-5.57%	3.66%	1.31
CURVTorrid Holdings Inc.	111.1M	1.12	7.47	-4.18%	-0.18%		56.7%
JILLJ.Jill, Inc.	238.67M	15.79	6.05	1.02%	5.6%	26.08%	21.27%	1.97

Profit & Loss

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	442.22M	450.28M	467.98M	473.76M	474.04M	318.95M	505.02M	545.84M	521.82M	467.01M
Revenue Growth %	0.07%	0.02%	0.04%	0.01%	0%	-0.33%	0.58%	0.08%	-0.04%	-0.11%
Cost of Goods Sold+	238.38M	245.4M	257.62M	262.47M	269.84M	214.08M	255.2M	273.24M	269.39M	249.82M
COGS % of Revenue	0.54%	0.54%	0.55%	0.55%	0.57%	0.67%	0.51%	0.5%	0.52%	0.53%
Gross Profit+	203.84M	204.88M	210.36M	211.29M	204.2M	104.86M	249.82M	272.6M	252.42M	217.19M
Gross Margin %	0.46%	0.46%	0.45%	0.45%	0.43%	0.33%	0.49%	0.5%	0.48%	0.47%
Gross Profit Growth %	0.07%	0.01%	0.03%	0%	-0.03%	-0.49%	1.38%	0.09%	-0.07%	-0.14%
Operating Expenses+	208.93M	203.9M	224.3M	212.52M	205.23M	150.54M	190.19M	214.17M	210.48M	198.28M
OpEx % of Revenue	0.47%	0.45%	0.48%	0.45%	0.43%	0.47%	0.38%	0.39%	0.4%	0.42%
Selling, General & Admin	180.57M	173.28M	193.23M	183.87M	180.66M	129.06M	172.96M	198.79M	196.53M	198.28M
SG&A % of Revenue	0.41%	0.38%	0.41%	0.39%	0.38%	0.4%	0.34%	0.36%	0.38%	0.42%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	28.36M	30.62M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.95M	0
Operating Income+	-5.09M	977K	-18.04M	-10.12M	-1.02M	-45.67M	61.98M	58.59M	41.94M	3.73M
Operating Margin %	-0.01%	0%	-0.04%	-0.02%	-0%	-0.14%	0.12%	0.11%	0.08%	0.01%
Operating Income Growth %	0.42%	1.19%	-19.47%	0.44%	0.9%	-43.56%	2.36%	-0.05%	-0.28%	-0.91%
EBITDA+	23.27M	31.2M	13.03M	18.53M	23.54M	-24.2M	79.21M	73.97M	55.78M	17.61M
EBITDA Margin %	0.05%	0.07%	0.03%	0.04%	0.05%	-0.08%	0.16%	0.14%	0.11%	0.04%
EBITDA Growth %	0.53%	0.34%	-0.58%	0.42%	0.27%	-2.03%	4.27%	-0.07%	-0.25%	-0.68%
D&A (Non-Cash Add-back)	28.36M	30.22M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.83M	13.88M
EBIT	-5.09M	977K	-18.04M	-10.12M	-4.39M	-60.52M	59.64M	58.43M	42.06M	5.04M
Net Interest Income+	-3.06M	-3.07M	-3.36M	-3.46M	-3.3M	-3.92M	-4.35M	-251K	2.14M	2.08M
Interest Income	0	0	0	0	0	0	0	0	2.14M	2.08M
Interest Expense	3.06M	3.07M	3.36M	3.46M	3.3M	3.92M	4.35M	251K	0	0
Other Income/Expense	-3.06M	-3.07M	-3.36M	-3.46M	-3.3M	-3.92M	-4.35M	-251K	-3.55M	2.08M
Pretax Income+	-8.15M	-2.09M	-21.4M	-13.58M	-7.69M	-64.43M	57.63M	58.34M	38.39M	5.82M
Pretax Margin %	-0.02%	-0%	-0.05%	-0.03%	-0.02%	-0.2%	0.11%	0.11%	0.07%	0.01%
Income Tax+	260K	166K	-2.57M	-50K	105K	106K	917K	-30.79M	10.54M	2.76M
Effective Tax Rate %	1.03%	1.08%	0.88%	1%	1.01%	1%	0.98%	1.53%	0.73%	0.53%
Net Income+	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Net Margin %	-0.02%	-0.01%	-0.04%	-0.03%	-0.02%	-0.2%	0.11%	0.16%	0.05%	0.01%
Net Income Growth %	0.32%	0.73%	-7.34%	0.28%	0.42%	-7.28%	1.88%	0.57%	-0.69%	-0.89%
Net Income (Continuing)	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.17	-0.05	-0.39	-0.28	-0.16	-1.26	0.83	1.33	0.43	0.05
EPS Growth %	0.32%	0.73%	-7.57%	0.28%	0.43%	-6.88%	1.66%	0.6%	-0.68%	-0.88%
EPS (Basic)	-0.17	-0.05	-0.39	-0.28	-0.16	-1.26	0.89	1.42	0.46	0.05
Diluted Shares Outstanding	49.09M	49.54M	48.89M	49.16M	49.99M	51.32M	68.03M	66.89M	64.31M	59.59M
Basic Shares Outstanding	49.09M	49.54M	48.27M	48.32M	49.99M	51.32M	63.4M	62.83M	61.02M	56.78M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Total Current Assets+	143.16M	138.95M	121.67M	127.66M	123.86M	114.13M	106M	154.01M	153.25M	131.89M
Cash & Short-Term Investments	5.17M	5.57M	5.36M	4.87M	4.34M	19M	15.51M	52.07M	60.05M	48.42M
Cash Only	5.17M	5.57M	5.36M	4.87M	4.34M	19M	15.51M	52.07M	27.59M	11.9M
Short-Term Investments	0	0	0	0	0	0	0	0	32.46M	36.52M
Accounts Receivable	4.72M	7.11M	3.05M	4.42M	6.22M	6.42M	2.11M	1.72M	3.92M	1.63M
Days Sales Outstanding	3.9	5.77	2.38	3.41	4.79	7.34	1.52	1.15	2.74	1.27
Inventory	125.01M	117.45M	103.33M	106.84M	102.42M	85.03M	81.76M	93M	80.97M	75.49M
Days Inventory Outstanding	191.42	174.68	146.4	148.57	138.54	144.97	116.94	124.24	109.7	110.29
Other Current Assets	0	0	0	0	0	0	0	7.21M	8.31M	6.36M
Total Non-Current Assets+	131.19M	130.38M	118.74M	98.42M	267.06M	192.63M	173.96M	196.59M	204.5M	249.07M
Property, Plant & Equipment	124.96M	124.35M	111.03M	92.53M	264.69M	190.87M	172.25M	163.42M	181.36M	228.07M
Fixed Asset Turnover	3.54x	3.62x	4.21x	5.12x	1.79x	1.67x	2.93x	3.34x	2.88x	2.05x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	2.67M	2.23M	1.82M	1.15M	1.15M	1.15M	1.15M	1.15M	1.15M	1.15M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	3.56M	3.8M	5.88M	4.74M	1.22M	602K	559K	563K	457K	509K
Total Assets+	274.35M	269.33M	240.41M	226.08M	390.92M	306.75M	279.96M	350.6M	357.74M	380.95M
Asset Turnover	1.61x	1.67x	1.95x	2.10x	1.21x	1.04x	1.80x	1.56x	1.46x	1.23x
Asset Growth %	0.05%	-0.02%	-0.11%	-0.06%	0.73%	-0.22%	-0.09%	0.25%	0.02%	0.06%
Total Current Liabilities+	145.13M	148.62M	146.63M	142.42M	94.45M	116.55M	66.13M	101.75M	89.88M	90.7M
Accounts Payable	30.68M	31.26M	33.99M	34.42M	31.76M	27.09M	25.16M	27.55M	17.35M	24.34M
Days Payables Outstanding	46.98	46.49	48.15	47.86	42.96	46.19	35.99	36.8	23.51	35.57
Short-Term Debt	49.14M	51.04M	48.78M	41.91M	39.3M	59.52M	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	0.99x	0.93x	0.83x	0.90x	1.31x	0.98x	1.60x	1.51x	1.71x	1.45x
Quick Ratio	0.13x	0.14x	0.13x	0.15x	0.23x	0.25x	0.37x	0.60x	0.80x	0.62x
Cash Conversion Cycle	148.33	133.96	100.63	104.11	100.36	106.12	82.48	88.59	88.93	75.99
Total Non-Current Liabilities+	40.81M	32.19M	23.78M	25.02M	238.04M	194.29M	155.6M	111.62M	118.91M	149.04M
Long-Term Debt	19M	12.06M	10.67M	14.76M	14.81M	14.87M	0	0	0	0
Capital Lease Obligations	0	0	0	0	182.05M	135.82M	120.41M	106.91M	117.32M	148.69M
Deferred Tax Liabilities	196K	222K	-3.96M	-4.12M	0	0	0	0	0	0
Other Non-Current Liabilities	51.68M	52.83M	49.94M	44.75M	5.27M	5.11M	5.87M	4.71M	1.6M	341K
Total Liabilities	185.94M	180.81M	170.42M	167.44M	332.49M	310.83M	221.74M	213.37M	208.79M	239.73M
Total Debt+	68.14M	63.1M	59.45M	56.66M	277.34M	253.81M	190.8M	144.24M	154.54M	184.62M
Net Debt	62.97M	57.53M	54.08M	51.8M	273M	234.81M	175.29M	92.17M	126.95M	172.71M
Debt / Equity	0.77x	0.71x	0.85x	0.97x	4.75x	-	3.28x	1.05x	1.04x	1.31x
Debt / EBITDA	2.93x	2.02x	4.56x	3.06x	11.78x	-	2.41x	1.95x	2.77x	10.48x
Net Debt / EBITDA	2.71x	1.84x	4.15x	2.79x	11.60x	-	2.21x	1.25x	2.28x	9.81x
Interest Coverage	-1.66x	0.32x	-5.37x	-2.92x	-0.31x	-11.66x	14.25x	233.41x	-	-
Total Equity+	88.4M	88.52M	69.99M	58.64M	58.42M	-4.08M	58.22M	137.23M	148.95M	141.22M
Equity Growth %	-0.04%	0%	-0.21%	-0.16%	-0%	-1.07%	15.28%	1.36%	0.09%	-0.05%
Book Value per Share	1.80	1.79	1.43	1.19	1.17	-0.08	0.86	2.05	2.32	2.37
Total Shareholders' Equity	88.4M	88.52M	69.99M	58.64M	58.42M	-4.08M	58.22M	137.23M	148.95M	141.22M
Common Stock	617K	616K	615K	622K	633K	647K	770K	782K	790K	794K
Retained Earnings	-120.31M	-122.57M	-139.28M	-153.53M	-156.05M	-220.59M	-163.88M	-74.76M	-46.9M	-43.85M
Treasury Stock	-87.98M	-87.98M	-92.66M	-92.66M	-92.66M	-92.66M	-92.66M	-105.39M	-130.14M	0
Accumulated OCI	-6.65M	-6.02M	-6.24M	-6.18M	-6.43M	-6.22M	-5.53M	-4.93M	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Cash from Operations+	18.39M	34.96M	30.96M	15.74M	15.8M	-1.23M	75.54M	59.94M	49.59M	29.58M
Operating CF Margin %	0.04%	0.08%	0.07%	0.03%	0.03%	-0%	0.15%	0.11%	0.1%	0.06%
Operating CF Growth %	0.33%	0.9%	-0.11%	-0.49%	0%	-1.08%	62.52%	-0.21%	-0.17%	-0.4%
Net Income	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Depreciation & Amortization	28.36M	30.62M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.83M	13.88M
Stock-Based Compensation	2.19M	1.26M	1.64M	2M	2.49M	1.83M	1.6M	1.89M	2.94M	3.06M
Deferred Taxes	105K	26K	-2.36M	-100	1.68M	14.84M	0	-31.62M	9.33M	2.19M
Other Non-Cash Items	-646K	-708K	3.43M	4.07M	139K	146K	-1.17M	-17K	5.78M	1.37M
Working Capital Changes	-3.21M	6.02M	16M	-5.45M	-5.28M	25.02M	1.16M	-14.8M	-10.14M	6.03M
Change in Receivables	-1.1M	-2.39M	4.07M	-1.37M	-1.17M	-197K	4.31M	390K	0	1.86M
Change in Inventory	-9.79M	7.57M	14.11M	-3.5M	4.42M	17.39M	3.26M	-11.24M	12.04M	5.48M
Change in Payables	705K	574K	2.73M	431K	-2.65M	-4.67M	-1.93M	2.38M	-10.2M	6.99M
Cash from Investing+	-33.45M	-29.24M	-22.57M	-12.96M	-13.4M	-4.24M	-5.27M	-9.64M	-49.15M	-31.34M
Capital Expenditures	-33.45M	-29.24M	-22.57M	-12.96M	-13.4M	-4.24M	-5.27M	-9.64M	-17.42M	-27.72M
CapEx % of Revenue	0.08%	0.06%	0.05%	0.03%	0.03%	0.01%	0.01%	0.02%	0.03%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	-1.15M	0	0	0	0	145K	12K
Cash from Financing+	15.64M	-5.32M	-8.6M	-3.27M	-2.93M	20.13M	-73.76M	-13.73M	-24.93M	-13.93M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	86K	0	0	0	0	-25K	-3.4M	-1.01M	-391K	2K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-15.06M	5.72M	8.39M	2.78M	2.4M	-5.47M	70.27M	50.3M	32.18M	1.86M
FCF Margin %	-0.03%	0.01%	0.02%	0.01%	0.01%	-0.02%	0.14%	0.09%	0.06%	0%
FCF Growth %	0.44%	1.38%	0.47%	-0.67%	-0.14%	-3.28%	13.84%	-0.28%	-0.36%	-0.94%
FCF per Share	-0.31	0.12	0.17	0.06	0.05	-0.11	1.03	0.75	0.50	0.03
FCF Conversion (FCF/Net Income)	-2.19x	-15.50x	-1.64x	-1.16x	-2.03x	0.02x	1.33x	0.67x	1.78x	9.68x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-9.3%	-2.55%	-23.75%	-21.04%	-13.32%	-237.51%	209.5%	91.2%	19.47%	2.11%
Return on Invested Capital (ROIC)	-2.61%	0.49%	-10.02%	-6.47%	-0.35%	-12.19%	20.03%	18.98%	12.45%	0.95%
Gross Margin	46.09%	45.5%	44.95%	44.6%	43.08%	32.88%	49.47%	49.94%	48.37%	46.51%
Net Margin	-1.9%	-0.5%	-4.02%	-2.86%	-1.64%	-20.23%	11.23%	16.33%	5.34%	0.65%
Debt / Equity	0.77x	0.71x	0.85x	0.97x	4.75x	-	3.28x	1.05x	1.04x	1.31x
Interest Coverage	-1.66x	0.32x	-5.37x	-2.92x	-0.31x	-11.66x	14.25x	233.41x	-	-
FCF Conversion	-2.19x	-15.50x	-1.64x	-1.16x	-2.03x	0.02x	1.33x	0.67x	1.78x	9.68x
Revenue Growth	6.81%	1.82%	3.93%	1.24%	0.06%	-32.72%	58.34%	8.08%	-4.4%	-10.5%

Revenue by Geography

	2018	2019	2020	2021	2022
Wholesale	2.84M	12.52M	16.6M	5.37M	399K
Wholesale Growth	-	340.68%	32.52%	-67.65%	-92.57%

Frequently Asked Questions

Valuation & Price

Destination XL Group, Inc. (DXLG) has a price-to-earnings (P/E) ratio of 18.6x. This is roughly in line with market averages.

Growth & Financials

Destination XL Group, Inc. (DXLG) reported $442.1M in revenue for fiscal year 2024. This represents a 11% increase from $397.7M in 2011.

Destination XL Group, Inc. (DXLG) saw revenue decline by 10.5% over the past year.

Destination XL Group, Inc. (DXLG) reported a net loss of $7.6M for fiscal year 2024.

Dividend & Returns

Destination XL Group, Inc. (DXLG) has a return on equity (ROE) of 2.1%. This is below average, suggesting room for improvement.

Destination XL Group, Inc. (DXLG) had negative free cash flow of $11.4M in fiscal year 2024, likely due to heavy capital investments.

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Destination XL Group, Inc. (DXLG) 10-Year Financial Performance & Capital Metrics

DXLG • • Industrial / General

Consumer CyclicalApparel RetailSpecialty & Niche Apparel RetailersPlus-Size & Big & Tall Specialists

Revenue $467M -10.5%
EBITDA $18M -68.4%
Net Income $3M -89.0%
EPS (Diluted) 0.05 -88.4%
Gross Margin 46.51% -3.9%
EBITDA Margin 3.77% -64.7%
Operating Margin 0.8% -90.1%
Net Margin 0.65% -87.7%
ROE 2.11% -89.2%
ROIC 0.95% -92.4%
Debt/Equity 1.31 +26.0%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 37.6%
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 7.3% through buybacks
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.21%

5Y-0.3%

3Y-2.57%

TTM-8.83%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-62.23%

TTM-179.54%

EPS CAGR

10Y-

5Y-

3Y-60.8%

TTM-192.63%

ROCE

10Y Avg2.31%

5Y Avg10.96%

3Y Avg14.3%

Latest1.34%

Peer Comparison

Plus-Size & Big & Tall Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSCOVictoria's Secret & Co.	5.07B	63.11	30.94	0.78%	2.67%	24.77%	4.88%	4.06
DXLGDestination XL Group, Inc.	50.83M	0.93	18.60	-10.5%	-1.73%	-5.57%	3.66%	1.31
CURVTorrid Holdings Inc.	111.1M	1.12	7.47	-4.18%	-0.18%		56.7%
JILLJ.Jill, Inc.	238.67M	15.79	6.05	1.02%	5.6%	26.08%	21.27%	1.97

Profit & Loss

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	442.22M	450.28M	467.98M	473.76M	474.04M	318.95M	505.02M	545.84M	521.82M	467.01M
Revenue Growth %	0.07%	0.02%	0.04%	0.01%	0%	-0.33%	0.58%	0.08%	-0.04%	-0.11%
Cost of Goods Sold+	238.38M	245.4M	257.62M	262.47M	269.84M	214.08M	255.2M	273.24M	269.39M	249.82M
COGS % of Revenue	0.54%	0.54%	0.55%	0.55%	0.57%	0.67%	0.51%	0.5%	0.52%	0.53%
Gross Profit+	203.84M	204.88M	210.36M	211.29M	204.2M	104.86M	249.82M	272.6M	252.42M	217.19M
Gross Margin %	0.46%	0.46%	0.45%	0.45%	0.43%	0.33%	0.49%	0.5%	0.48%	0.47%
Gross Profit Growth %	0.07%	0.01%	0.03%	0%	-0.03%	-0.49%	1.38%	0.09%	-0.07%	-0.14%
Operating Expenses+	208.93M	203.9M	224.3M	212.52M	205.23M	150.54M	190.19M	214.17M	210.48M	198.28M
OpEx % of Revenue	0.47%	0.45%	0.48%	0.45%	0.43%	0.47%	0.38%	0.39%	0.4%	0.42%
Selling, General & Admin	180.57M	173.28M	193.23M	183.87M	180.66M	129.06M	172.96M	198.79M	196.53M	198.28M
SG&A % of Revenue	0.41%	0.38%	0.41%	0.39%	0.38%	0.4%	0.34%	0.36%	0.38%	0.42%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	28.36M	30.62M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.95M	0
Operating Income+	-5.09M	977K	-18.04M	-10.12M	-1.02M	-45.67M	61.98M	58.59M	41.94M	3.73M
Operating Margin %	-0.01%	0%	-0.04%	-0.02%	-0%	-0.14%	0.12%	0.11%	0.08%	0.01%
Operating Income Growth %	0.42%	1.19%	-19.47%	0.44%	0.9%	-43.56%	2.36%	-0.05%	-0.28%	-0.91%
EBITDA+	23.27M	31.2M	13.03M	18.53M	23.54M	-24.2M	79.21M	73.97M	55.78M	17.61M
EBITDA Margin %	0.05%	0.07%	0.03%	0.04%	0.05%	-0.08%	0.16%	0.14%	0.11%	0.04%
EBITDA Growth %	0.53%	0.34%	-0.58%	0.42%	0.27%	-2.03%	4.27%	-0.07%	-0.25%	-0.68%
D&A (Non-Cash Add-back)	28.36M	30.22M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.83M	13.88M
EBIT	-5.09M	977K	-18.04M	-10.12M	-4.39M	-60.52M	59.64M	58.43M	42.06M	5.04M
Net Interest Income+	-3.06M	-3.07M	-3.36M	-3.46M	-3.3M	-3.92M	-4.35M	-251K	2.14M	2.08M
Interest Income	0	0	0	0	0	0	0	0	2.14M	2.08M
Interest Expense	3.06M	3.07M	3.36M	3.46M	3.3M	3.92M	4.35M	251K	0	0
Other Income/Expense	-3.06M	-3.07M	-3.36M	-3.46M	-3.3M	-3.92M	-4.35M	-251K	-3.55M	2.08M
Pretax Income+	-8.15M	-2.09M	-21.4M	-13.58M	-7.69M	-64.43M	57.63M	58.34M	38.39M	5.82M
Pretax Margin %	-0.02%	-0%	-0.05%	-0.03%	-0.02%	-0.2%	0.11%	0.11%	0.07%	0.01%
Income Tax+	260K	166K	-2.57M	-50K	105K	106K	917K	-30.79M	10.54M	2.76M
Effective Tax Rate %	1.03%	1.08%	0.88%	1%	1.01%	1%	0.98%	1.53%	0.73%	0.53%
Net Income+	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Net Margin %	-0.02%	-0.01%	-0.04%	-0.03%	-0.02%	-0.2%	0.11%	0.16%	0.05%	0.01%
Net Income Growth %	0.32%	0.73%	-7.34%	0.28%	0.42%	-7.28%	1.88%	0.57%	-0.69%	-0.89%
Net Income (Continuing)	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.17	-0.05	-0.39	-0.28	-0.16	-1.26	0.83	1.33	0.43	0.05
EPS Growth %	0.32%	0.73%	-7.57%	0.28%	0.43%	-6.88%	1.66%	0.6%	-0.68%	-0.88%
EPS (Basic)	-0.17	-0.05	-0.39	-0.28	-0.16	-1.26	0.89	1.42	0.46	0.05
Diluted Shares Outstanding	49.09M	49.54M	48.89M	49.16M	49.99M	51.32M	68.03M	66.89M	64.31M	59.59M
Basic Shares Outstanding	49.09M	49.54M	48.27M	48.32M	49.99M	51.32M	63.4M	62.83M	61.02M	56.78M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Total Current Assets+	143.16M	138.95M	121.67M	127.66M	123.86M	114.13M	106M	154.01M	153.25M	131.89M
Cash & Short-Term Investments	5.17M	5.57M	5.36M	4.87M	4.34M	19M	15.51M	52.07M	60.05M	48.42M
Cash Only	5.17M	5.57M	5.36M	4.87M	4.34M	19M	15.51M	52.07M	27.59M	11.9M
Short-Term Investments	0	0	0	0	0	0	0	0	32.46M	36.52M
Accounts Receivable	4.72M	7.11M	3.05M	4.42M	6.22M	6.42M	2.11M	1.72M	3.92M	1.63M
Days Sales Outstanding	3.9	5.77	2.38	3.41	4.79	7.34	1.52	1.15	2.74	1.27
Inventory	125.01M	117.45M	103.33M	106.84M	102.42M	85.03M	81.76M	93M	80.97M	75.49M
Days Inventory Outstanding	191.42	174.68	146.4	148.57	138.54	144.97	116.94	124.24	109.7	110.29
Other Current Assets	0	0	0	0	0	0	0	7.21M	8.31M	6.36M
Total Non-Current Assets+	131.19M	130.38M	118.74M	98.42M	267.06M	192.63M	173.96M	196.59M	204.5M	249.07M
Property, Plant & Equipment	124.96M	124.35M	111.03M	92.53M	264.69M	190.87M	172.25M	163.42M	181.36M	228.07M
Fixed Asset Turnover	3.54x	3.62x	4.21x	5.12x	1.79x	1.67x	2.93x	3.34x	2.88x	2.05x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	2.67M	2.23M	1.82M	1.15M	1.15M	1.15M	1.15M	1.15M	1.15M	1.15M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	3.56M	3.8M	5.88M	4.74M	1.22M	602K	559K	563K	457K	509K
Total Assets+	274.35M	269.33M	240.41M	226.08M	390.92M	306.75M	279.96M	350.6M	357.74M	380.95M
Asset Turnover	1.61x	1.67x	1.95x	2.10x	1.21x	1.04x	1.80x	1.56x	1.46x	1.23x
Asset Growth %	0.05%	-0.02%	-0.11%	-0.06%	0.73%	-0.22%	-0.09%	0.25%	0.02%	0.06%
Total Current Liabilities+	145.13M	148.62M	146.63M	142.42M	94.45M	116.55M	66.13M	101.75M	89.88M	90.7M
Accounts Payable	30.68M	31.26M	33.99M	34.42M	31.76M	27.09M	25.16M	27.55M	17.35M	24.34M
Days Payables Outstanding	46.98	46.49	48.15	47.86	42.96	46.19	35.99	36.8	23.51	35.57
Short-Term Debt	49.14M	51.04M	48.78M	41.91M	39.3M	59.52M	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	0.99x	0.93x	0.83x	0.90x	1.31x	0.98x	1.60x	1.51x	1.71x	1.45x
Quick Ratio	0.13x	0.14x	0.13x	0.15x	0.23x	0.25x	0.37x	0.60x	0.80x	0.62x
Cash Conversion Cycle	148.33	133.96	100.63	104.11	100.36	106.12	82.48	88.59	88.93	75.99
Total Non-Current Liabilities+	40.81M	32.19M	23.78M	25.02M	238.04M	194.29M	155.6M	111.62M	118.91M	149.04M
Long-Term Debt	19M	12.06M	10.67M	14.76M	14.81M	14.87M	0	0	0	0
Capital Lease Obligations	0	0	0	0	182.05M	135.82M	120.41M	106.91M	117.32M	148.69M
Deferred Tax Liabilities	196K	222K	-3.96M	-4.12M	0	0	0	0	0	0
Other Non-Current Liabilities	51.68M	52.83M	49.94M	44.75M	5.27M	5.11M	5.87M	4.71M	1.6M	341K
Total Liabilities	185.94M	180.81M	170.42M	167.44M	332.49M	310.83M	221.74M	213.37M	208.79M	239.73M
Total Debt+	68.14M	63.1M	59.45M	56.66M	277.34M	253.81M	190.8M	144.24M	154.54M	184.62M
Net Debt	62.97M	57.53M	54.08M	51.8M	273M	234.81M	175.29M	92.17M	126.95M	172.71M
Debt / Equity	0.77x	0.71x	0.85x	0.97x	4.75x	-	3.28x	1.05x	1.04x	1.31x
Debt / EBITDA	2.93x	2.02x	4.56x	3.06x	11.78x	-	2.41x	1.95x	2.77x	10.48x
Net Debt / EBITDA	2.71x	1.84x	4.15x	2.79x	11.60x	-	2.21x	1.25x	2.28x	9.81x
Interest Coverage	-1.66x	0.32x	-5.37x	-2.92x	-0.31x	-11.66x	14.25x	233.41x	-	-
Total Equity+	88.4M	88.52M	69.99M	58.64M	58.42M	-4.08M	58.22M	137.23M	148.95M	141.22M
Equity Growth %	-0.04%	0%	-0.21%	-0.16%	-0%	-1.07%	15.28%	1.36%	0.09%	-0.05%
Book Value per Share	1.80	1.79	1.43	1.19	1.17	-0.08	0.86	2.05	2.32	2.37
Total Shareholders' Equity	88.4M	88.52M	69.99M	58.64M	58.42M	-4.08M	58.22M	137.23M	148.95M	141.22M
Common Stock	617K	616K	615K	622K	633K	647K	770K	782K	790K	794K
Retained Earnings	-120.31M	-122.57M	-139.28M	-153.53M	-156.05M	-220.59M	-163.88M	-74.76M	-46.9M	-43.85M
Treasury Stock	-87.98M	-87.98M	-92.66M	-92.66M	-92.66M	-92.66M	-92.66M	-105.39M	-130.14M	0
Accumulated OCI	-6.65M	-6.02M	-6.24M	-6.18M	-6.43M	-6.22M	-5.53M	-4.93M	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Cash from Operations+	18.39M	34.96M	30.96M	15.74M	15.8M	-1.23M	75.54M	59.94M	49.59M	29.58M
Operating CF Margin %	0.04%	0.08%	0.07%	0.03%	0.03%	-0%	0.15%	0.11%	0.1%	0.06%
Operating CF Growth %	0.33%	0.9%	-0.11%	-0.49%	0%	-1.08%	62.52%	-0.21%	-0.17%	-0.4%
Net Income	-8.41M	-2.26M	-18.83M	-13.53M	-7.8M	-64.54M	56.71M	89.12M	27.85M	3.06M
Depreciation & Amortization	28.36M	30.62M	31.07M	28.65M	24.56M	21.48M	17.23M	15.38M	13.83M	13.88M
Stock-Based Compensation	2.19M	1.26M	1.64M	2M	2.49M	1.83M	1.6M	1.89M	2.94M	3.06M
Deferred Taxes	105K	26K	-2.36M	-100	1.68M	14.84M	0	-31.62M	9.33M	2.19M
Other Non-Cash Items	-646K	-708K	3.43M	4.07M	139K	146K	-1.17M	-17K	5.78M	1.37M
Working Capital Changes	-3.21M	6.02M	16M	-5.45M	-5.28M	25.02M	1.16M	-14.8M	-10.14M	6.03M
Change in Receivables	-1.1M	-2.39M	4.07M	-1.37M	-1.17M	-197K	4.31M	390K	0	1.86M
Change in Inventory	-9.79M	7.57M	14.11M	-3.5M	4.42M	17.39M	3.26M	-11.24M	12.04M	5.48M
Change in Payables	705K	574K	2.73M	431K	-2.65M	-4.67M	-1.93M	2.38M	-10.2M	6.99M
Cash from Investing+	-33.45M	-29.24M	-22.57M	-12.96M	-13.4M	-4.24M	-5.27M	-9.64M	-49.15M	-31.34M
Capital Expenditures	-33.45M	-29.24M	-22.57M	-12.96M	-13.4M	-4.24M	-5.27M	-9.64M	-17.42M	-27.72M
CapEx % of Revenue	0.08%	0.06%	0.05%	0.03%	0.03%	0.01%	0.01%	0.02%	0.03%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	-1.15M	0	0	0	0	145K	12K
Cash from Financing+	15.64M	-5.32M	-8.6M	-3.27M	-2.93M	20.13M	-73.76M	-13.73M	-24.93M	-13.93M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	86K	0	0	0	0	-25K	-3.4M	-1.01M	-391K	2K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-15.06M	5.72M	8.39M	2.78M	2.4M	-5.47M	70.27M	50.3M	32.18M	1.86M
FCF Margin %	-0.03%	0.01%	0.02%	0.01%	0.01%	-0.02%	0.14%	0.09%	0.06%	0%
FCF Growth %	0.44%	1.38%	0.47%	-0.67%	-0.14%	-3.28%	13.84%	-0.28%	-0.36%	-0.94%
FCF per Share	-0.31	0.12	0.17	0.06	0.05	-0.11	1.03	0.75	0.50	0.03
FCF Conversion (FCF/Net Income)	-2.19x	-15.50x	-1.64x	-1.16x	-2.03x	0.02x	1.33x	0.67x	1.78x	9.68x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-9.3%	-2.55%	-23.75%	-21.04%	-13.32%	-237.51%	209.5%	91.2%	19.47%	2.11%
Return on Invested Capital (ROIC)	-2.61%	0.49%	-10.02%	-6.47%	-0.35%	-12.19%	20.03%	18.98%	12.45%	0.95%
Gross Margin	46.09%	45.5%	44.95%	44.6%	43.08%	32.88%	49.47%	49.94%	48.37%	46.51%
Net Margin	-1.9%	-0.5%	-4.02%	-2.86%	-1.64%	-20.23%	11.23%	16.33%	5.34%	0.65%
Debt / Equity	0.77x	0.71x	0.85x	0.97x	4.75x	-	3.28x	1.05x	1.04x	1.31x
Interest Coverage	-1.66x	0.32x	-5.37x	-2.92x	-0.31x	-11.66x	14.25x	233.41x	-	-
FCF Conversion	-2.19x	-15.50x	-1.64x	-1.16x	-2.03x	0.02x	1.33x	0.67x	1.78x	9.68x
Revenue Growth	6.81%	1.82%	3.93%	1.24%	0.06%	-32.72%	58.34%	8.08%	-4.4%	-10.5%

Revenue by Geography

	2018	2019	2020	2021	2022
Wholesale	2.84M	12.52M	16.6M	5.37M	399K
Wholesale Growth	-	340.68%	32.52%	-67.65%	-92.57%

Frequently Asked Questions

Valuation & Price

Destination XL Group, Inc. (DXLG) has a price-to-earnings (P/E) ratio of 18.6x. This is roughly in line with market averages.

Growth & Financials

Destination XL Group, Inc. (DXLG) reported $442.1M in revenue for fiscal year 2024. This represents a 11% increase from $397.7M in 2011.

Destination XL Group, Inc. (DXLG) saw revenue decline by 10.5% over the past year.

Destination XL Group, Inc. (DXLG) reported a net loss of $7.6M for fiscal year 2024.

Dividend & Returns

Destination XL Group, Inc. (DXLG) has a return on equity (ROE) of 2.1%. This is below average, suggesting room for improvement.

Destination XL Group, Inc. (DXLG) had negative free cash flow of $11.4M in fiscal year 2024, likely due to heavy capital investments.