The Cato Corporation (CATO) 10-Year Financial Performance & Capital Metrics

CATO • • Industrial / General

Consumer CyclicalApparel RetailValue & Off-Price Apparel RetailersValue Fashion Retailers

AboutThe Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 29, 2022, the company operated 1,311 stores in 32 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.Show more

Revenue $650M -8.2%
EBITDA -$17M -140.5%
Net Income -$19M +17.7%
EPS (Diluted) -0.97 +17.1%
Gross Margin 31.32% -5.2%
EBITDA Margin -2.66% -162.0%
Operating Margin -4.17% -73.1%
Net Margin -2.86% +10.3%
ROE -10.49% +2.7%
ROIC -6.67% -83.2%
Debt/Equity 0.90 +12.9%
Interest Coverage -459.24 +5.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-4.09%

5Y-4.67%

3Y-5.47%

TTM-1.01%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM64.24%

EPS CAGR

10Y-

5Y-

3Y-

TTM64.52%

ROCE

10Y Avg3.59%

5Y Avg-4.18%

3Y Avg-5.25%

Latest-9.63%

Peer Comparison

Value Fashion Retailers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CATOThe Cato Corporation	62.59M	3.48	-3.59	-8.23%	-1.46%	-5.73%		0.90
CTRNCiti Trends, Inc.	398.49M	47.75	-9.20	0.69%	-2.13%	-14.7%		1.95

Profit & Loss

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	1.01B	956.57M	849.98M	829.66M	825.34M	575.11M	769.27M	759.26M	708.06M	649.81M
Revenue Growth %	0.02%	-0.05%	-0.11%	-0.02%	-0.01%	-0.3%	0.34%	-0.01%	-0.07%	-0.08%
Cost of Goods Sold+	639.44M	624.7M	572.7M	539M	524.39M	447.87M	465.42M	520.74M	474.18M	446.26M
COGS % of Revenue	0.63%	0.65%	0.67%	0.65%	0.64%	0.78%	0.61%	0.69%	0.67%	0.69%
Gross Profit+	371.65M	331.87M	277.28M	290.67M	300.94M	127.24M	303.85M	238.52M	233.88M	203.55M
Gross Margin %	0.37%	0.35%	0.33%	0.35%	0.36%	0.22%	0.39%	0.31%	0.33%	0.31%
Gross Profit Growth %	0.02%	-0.11%	-0.16%	0.05%	0.04%	-0.58%	1.39%	-0.22%	-0.02%	-0.13%
Operating Expenses+	273.8M	276.06M	258.61M	260.96M	263.63M	192.79M	266.05M	241.68M	250.93M	230.64M
OpEx % of Revenue	0.27%	0.29%	0.3%	0.31%	0.32%	0.34%	0.35%	0.32%	0.35%	0.35%
Selling, General & Admin	273.8M	276.06M	258.61M	260.96M	263.63M	192.79M	266.05M	241.68M	250.93M	230.64M
SG&A % of Revenue	0.27%	0.29%	0.3%	0.31%	0.32%	0.34%	0.35%	0.32%	0.35%	0.35%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	97.85M	55.81M	18.67M	29.7M	37.32M	-65.55M	37.8M	-3.16M	-17.06M	-27.09M
Operating Margin %	0.1%	0.06%	0.02%	0.04%	0.05%	-0.11%	0.05%	-0%	-0.02%	-0.04%
Operating Income Growth %	0.08%	-0.43%	-0.67%	0.59%	0.26%	-2.76%	1.58%	-1.08%	-4.4%	-0.59%
EBITDA+	120.81M	78.53M	38.32M	46.17M	52.8M	-50.87M	50.15M	7.92M	-7.18M	-17.28M
EBITDA Margin %	0.12%	0.08%	0.05%	0.06%	0.06%	-0.09%	0.07%	0.01%	-0.01%	-0.03%
EBITDA Growth %	0.08%	-0.35%	-0.51%	0.2%	0.14%	-1.96%	1.99%	-0.84%	-1.91%	-1.4%
D&A (Non-Cash Add-back)	22.96M	22.72M	19.64M	16.46M	15.48M	14.68M	12.36M	11.08M	9.87M	9.82M
EBIT	99.13M	49.11M	15.97M	33.05M	43.24M	-72.62M	39.04M	1.86M	-13.77M	-16.05M
Net Interest Income+	1.3M	2.13M	2.32M	3.8M	4.92M	2.51M	1.25M	1.79M	3.88M	4.96M
Interest Income	1.56M	2.31M	2.43M	3.89M	4.95M	2.7M	1.32M	1.88M	3.92M	5.02M
Interest Expense	264K	176K	114K	96K	29K	187K	72K	87K	35K	59K
Other Income/Expense	1.27M	-6.7M	-2.7M	3.35M	5.89M	-7.26M	1.17M	4.93M	3.25M	10.98M
Pretax Income+	99.13M	49.11M	15.97M	33.05M	43.21M	-72.81M	38.97M	1.77M	-13.8M	-16.11M
Pretax Margin %	0.1%	0.05%	0.02%	0.04%	0.05%	-0.13%	0.05%	0%	-0.02%	-0.02%
Income Tax+	32.28M	1.9M	7.43M	2.59M	7.31M	-25.32M	2.12M	1.74M	10.14M	1.94M
Effective Tax Rate %	0.66%	0.94%	0.52%	0.9%	0.8%	0.62%	0.9%	0.02%	1.64%	1.15%
Net Income+	65.44M	46.26M	8.37M	29.6M	34.62M	-45.39M	34.91M	41K	-22.59M	-18.61M
Net Margin %	0.06%	0.05%	0.01%	0.04%	0.04%	-0.08%	0.05%	0%	-0.03%	-0.03%
Net Income Growth %	0.1%	-0.29%	-0.82%	2.54%	0.17%	-2.31%	1.77%	-1%	-552.07%	0.18%
Net Income (Continuing)	66.84M	47.21M	8.54M	30.46M	35.9M	-47.48M	36.84M	29K	-23.94M	-18.06M
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)+	2.39	1.72	0.34	1.23	1.46	-2.11	1.65	0.00	-1.17	-0.97
EPS Growth %	0.11%	-0.28%	-0.8%	2.62%	0.19%	-2.45%	1.78%	-1%	-	0.17%
EPS (Basic)	2.39	1.72	0.34	1.27	1.46	-2.11	1.65	0.00	-1.17	-0.97
Diluted Shares Outstanding	27.97M	27.45M	25.12M	24.77M	23.74M	22.54M	21.11M	19.93M	19.39M	19.25M
Basic Shares Outstanding	27.37M	26.84M	24.91M	24M	23.74M	22.54M	21.11M	19.93M	19.39M	19.25M
Dividend Payout Ratio	0.51%	0.77%	4.03%	1.1%	0.94%	-	0.29%	350.46%	-	-

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+	472.05M	443.81M	372.48M	371.69M	362.8M	290.55M	355.67M	277.67M	243.06M	223.19M
Cash & Short-Term Investments	282.55M	248.47M	196.88M	207.31M	212.21M	143.93M	165.76M	128.66M	102.95M	77.7M
Cash Only	67.06M	47.23M	78.05M	24.6M	11.82M	17.51M	19.76M	20M	23.94M	20.28M
Short-Term Investments	215.5M	201.23M	118.84M	182.71M	200.39M	126.42M	146M	108.65M	79.01M	57.42M
Accounts Receivable	36.61M	30.34M	28.02M	28.14M	26.09M	52.74M	55.81M	26.5M	29.75M	24.54M
Days Sales Outstanding	13.22	11.58	12.03	12.38	11.54	33.47	26.48	12.74	15.34	13.78
Inventory	141.1M	145.68M	121.53M	119.58M	115.36M	84.12M	124.91M	112.06M	98.6M	110.74M
Days Inventory Outstanding	80.54	85.12	77.46	80.98	80.3	68.56	97.96	78.54	75.9	90.58
Other Current Assets	4.47M	3.69M	3.72M	3.8M	3.9M	3.92M	3.92M	10.46M	11.76M	10.21M
Total Non-Current Assets+	170.29M	162.52M	143.6M	127.32M	322.18M	300.9M	278.1M	275.47M	243.75M	229.18M
Property, Plant & Equipment	138.3M	126.39M	109.37M	94.3M	289.47M	272.37M	244.35M	244.66M	218.71M	209.2M
Fixed Asset Turnover	7.31x	7.57x	7.77x	8.80x	2.85x	2.11x	3.15x	3.10x	3.24x	3.11x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	1.5M	835K	0	0	0	0	0	0	0	0
Long-Term Investments	1.89M	1.62M	2.09M	1.8M	1.3M	1.26M	1.82M	1.92M	2.08M	1.14M
Other Non-Current Assets	18.31M	19.9M	19.57M	20M	22.77M	21.59M	22.62M	19.67M	22.97M	18.84M
Total Assets+	642.34M	606.32M	516.08M	499.01M	684.98M	591.45M	633.77M	553.14M	486.82M	452.36M
Asset Turnover	1.57x	1.58x	1.65x	1.66x	1.20x	0.97x	1.21x	1.37x	1.45x	1.44x
Asset Growth %	0.06%	-0.06%	-0.15%	-0.03%	0.37%	-0.14%	0.07%	-0.13%	-0.12%	-0.07%
Total Current Liabilities+	193.06M	171.91M	139.08M	142.19M	199.3M	181.93M	244.13M	202.96M	188.01M	188.24M
Accounts Payable	113.15M	105.25M	82.61M	84.28M	68.44M	73.77M	109.55M	91.96M	87.82M	88.64M
Days Payables Outstanding	64.59	61.49	52.65	57.07	47.64	60.12	85.91	64.45	67.6	72.5
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	8.63M	19.05M	13.47M	9.25M	7.76M	6.12M	6.39M	7.38M	4.74M	8.19M
Current Ratio	2.45x	2.58x	2.68x	2.61x	1.82x	1.60x	1.46x	1.37x	1.29x	1.19x
Quick Ratio	1.71x	1.73x	1.80x	1.77x	1.24x	1.13x	0.95x	0.82x	0.77x	0.60x
Cash Conversion Cycle	29.17	35.2	36.84	36.29	44.2	41.91	38.53	26.83	23.64	31.86
Total Non-Current Liabilities+	36.62M	50.51M	50.64M	39.98M	169.16M	163.02M	135.44M	123.59M	106.49M	139.91M
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	147.18M	143.31M	117.52M	107.41M	92.01M	88.34M
Deferred Tax Liabilities	0	12.29M	4.24M	4.09M	48.3M	53.76M	46.82M	0	0	0
Other Non-Current Liabilities	36.62M	50.51M	50.64M	39.98M	21.98M	19.7M	17.91M	16.18M	14.47M	51.57M
Total Liabilities	229.68M	222.42M	189.72M	182.17M	368.46M	344.95M	379.57M	326.55M	294.5M	290.06M
Total Debt+	0	0	0	0	210.33M	206.74M	184.33M	174.77M	153.12M	145.9M
Net Debt	-67.06M	-47.23M	-78.05M	-24.6M	198.51M	189.23M	164.57M	154.76M	129.18M	125.62M
Debt / Equity	-	-	-	-	0.66x	0.84x	0.73x	0.77x	0.80x	0.90x
Debt / EBITDA	-	-	-	-	3.98x	-	3.68x	22.07x	-	-
Net Debt / EBITDA	-0.56x	-0.60x	-2.04x	-0.53x	3.76x	-	3.28x	19.54x	-	-
Interest Coverage	370.65x	317.10x	163.81x	309.42x	1286.79x	-350.52x	524.95x	-36.33x	-487.31x	-459.24x
Total Equity+	412.67M	383.9M	326.35M	316.84M	316.51M	246.5M	254.2M	226.59M	192.32M	162.3M
Equity Growth %	0.09%	-0.07%	-0.15%	-0.03%	-0%	-0.22%	0.03%	-0.11%	-0.15%	-0.16%
Book Value per Share	14.76	13.99	12.99	12.79	13.33	10.94	12.04	11.37	9.92	8.43
Total Shareholders' Equity	412.67M	383.9M	326.35M	316.84M	316.51M	246.5M	254.2M	226.59M	192.32M	162.3M
Common Stock	935K	895K	832K	826K	820K	762K	728K	691K	694K	678K
Retained Earnings	320.59M	288.01M	225.89M	210.51M	203.46M	129.3M	134.21M	104.71M	64.28M	31.93M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	800K	-214K	-321K	-77K	1.42M	1.16M	-280K	-1.24M	395K	153K
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+	93.85M	72.13M	35.99M	60.24M	53.4M	-30.71M	59.79M	13.37M	477K	-19.75M
Operating CF Margin %	0.09%	0.08%	0.04%	0.07%	0.06%	-0.05%	0.08%	0.02%	0%	-0.03%
Operating CF Growth %	-0.2%	-0.23%	-0.5%	0.67%	-0.11%	-1.58%	2.95%	-0.78%	-0.96%	-42.39%
Net Income	66.84M	47.21M	8.54M	30.46M	35.9M	-47.48M	36.84M	29K	-23.94M	-18.06M
Depreciation & Amortization	22.96M	22.72M	19.64M	16.46M	15.48M	14.68M	12.36M	11.08M	9.87M	9.82M
Stock-Based Compensation	4.12M	4.2M	4.2M	4.94M	4.67M	4.09M	4.09M	2.61M	4.17M	2.28M
Deferred Taxes	-2.63M	-2.88M	1.18M	1.28M	2.12M	3.03M	-3.19M	386K	8.72M	0
Other Non-Cash Items	-507K	17.28M	14.35M	3.68M	1.14M	11.48M	1.63M	1.9M	1.75M	-4.84M
Working Capital Changes	3.07M	-16.39M	-11.91M	3.41M	-5.91M	-16.51M	8.06M	-2.63M	-93K	-8.95M
Change in Receivables	3.54M	5.44M	1.78M	-579K	1.52M	-26.93M	-3.5M	29.03M	-608K	1.36M
Change in Inventory	-3.55M	-4.58M	24.15M	1.95M	4.22M	31.24M	-40.78M	12.85M	13.45M	-12.14M
Change in Payables	233K	-8.25M	-28.78M	-7.66M	-8.63M	-16.95M	57.83M	-43.18M	-10.05M	3.46M
Cash from Investing+	-81.77M	-14.65M	66.86M	-71.14M	-22.63M	64.51M	-25.33M	16.02M	19.78M	28.96M
Capital Expenditures	-26.53M	-27.3M	-11.1M	-4.35M	-8.31M	-13.96M	-4.11M	-19.43M	-12.53M	-7.87M
CapEx % of Revenue	0.03%	0.03%	0.01%	0.01%	0.01%	0.02%	0.01%	0.03%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-5.2M	492K	-682K	-291K	-1.36M	-10.75M	-400K	35.46M	-8K	13.67M
Cash from Financing+	-38.98M	-77.31M	-72.03M	-45.16M	-41.57M	-27.18M	-31.8M	-29.28M	-16.13M	-14.05M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-33.57M	-35.43M	-33.73M	-32.58M	-32.59M	-7.91M	-9.97M	-14.37M	-13.95M	-10.52M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	745K	691K	579K	759K	626K	391K	204K	307K	384K	338K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	67.32M	44.83M	24.89M	55.89M	45.09M	-44.67M	55.68M	-6.06M	-12.05M	-27.62M
FCF Margin %	0.07%	0.05%	0.03%	0.07%	0.05%	-0.08%	0.07%	-0.01%	-0.02%	-0.04%
FCF Growth %	-0.24%	-0.33%	-0.44%	1.25%	-0.19%	-1.99%	2.25%	-1.11%	-0.99%	-1.29%
FCF per Share	2.41	1.63	0.99	2.26	1.90	-1.98	2.64	-0.30	-0.62	-1.43
FCF Conversion (FCF/Net Income)	1.43x	1.56x	4.30x	2.04x	1.54x	0.68x	1.71x	326.10x	-0.02x	1.06x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	6.83M	13.18M	0	4.12M	1.87M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	16.51%	11.61%	2.36%	9.2%	10.93%	-16.12%	13.94%	0.02%	-10.79%	-10.49%
Return on Invested Capital (ROIC)	23.23%	12.27%	4.79%	8.24%	6.93%	-10.34%	6.64%	-0.59%	-3.64%	-6.67%
Gross Margin	36.76%	34.69%	32.62%	35.03%	36.46%	22.12%	39.5%	31.41%	33.03%	31.32%
Net Margin	6.47%	4.84%	0.98%	3.57%	4.19%	-7.89%	4.54%	0.01%	-3.19%	-2.86%
Debt / Equity	-	-	-	-	0.66x	0.84x	0.73x	0.77x	0.80x	0.90x
Interest Coverage	370.65x	317.10x	163.81x	309.42x	1286.79x	-350.52x	524.95x	-36.33x	-487.31x	-459.24x
FCF Conversion	1.43x	1.56x	4.30x	2.04x	1.54x	0.68x	1.71x	326.10x	-0.02x	1.06x
Revenue Growth	2.45%	-5.39%	-11.14%	-2.39%	-0.52%	-30.32%	33.76%	-1.3%	-6.74%	-8.23%

Revenue by Segment

	2022	2023	2024
Credit Card	-	23.5M	21.8M
Credit Card Growth	-	-	-7.23%
ReportableSegmentsMemberRetail	757.02M	-	-
ReportableSegmentsMemberRetail Growth	-	-	-
ReportableSegmentsMemberCredit	2.24M	-	-
ReportableSegmentsMemberCredit Growth	-	-	-

Frequently Asked Questions

Growth & Financials

The Cato Corporation (CATO) reported $660.1M in revenue for fiscal year 2024. This represents a 29% decrease from $931.5M in 2011.

The Cato Corporation (CATO) saw revenue decline by 8.2% over the past year.

The Cato Corporation (CATO) reported a net loss of $9.6M for fiscal year 2024.

Dividend & Returns

Yes, The Cato Corporation (CATO) pays a dividend with a yield of 15.70%. This makes it attractive for income-focused investors.

The Cato Corporation (CATO) has a return on equity (ROE) of -10.5%. Negative ROE indicates the company is unprofitable.

The Cato Corporation (CATO) generated $5.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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The Cato Corporation (CATO) 10-Year Financial Performance & Capital Metrics

CATO • • Industrial / General

Consumer CyclicalApparel RetailValue & Off-Price Apparel RetailersValue Fashion Retailers

Revenue $650M -8.2%
EBITDA -$17M -140.5%
Net Income -$19M +17.7%
EPS (Diluted) -0.97 +17.1%
Gross Margin 31.32% -5.2%
EBITDA Margin -2.66% -162.0%
Operating Margin -4.17% -73.1%
Net Margin -2.86% +10.3%
ROE -10.49% +2.7%
ROIC -6.67% -83.2%
Debt/Equity 0.90 +12.9%
Interest Coverage -459.24 +5.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-4.09%

5Y-4.67%

3Y-5.47%

TTM-1.01%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM64.24%

EPS CAGR

10Y-

5Y-

3Y-

TTM64.52%

ROCE

10Y Avg3.59%

5Y Avg-4.18%

3Y Avg-5.25%

Latest-9.63%

Peer Comparison

Value Fashion Retailers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CATOThe Cato Corporation	62.59M	3.48	-3.59	-8.23%	-1.46%	-5.73%		0.90
CTRNCiti Trends, Inc.	398.49M	47.75	-9.20	0.69%	-2.13%	-14.7%		1.95

Profit & Loss

	Jan 2016	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Jan 2025
Sales/Revenue+	1.01B	956.57M	849.98M	829.66M	825.34M	575.11M	769.27M	759.26M	708.06M	649.81M
Revenue Growth %	0.02%	-0.05%	-0.11%	-0.02%	-0.01%	-0.3%	0.34%	-0.01%	-0.07%	-0.08%
Cost of Goods Sold+	639.44M	624.7M	572.7M	539M	524.39M	447.87M	465.42M	520.74M	474.18M	446.26M
COGS % of Revenue	0.63%	0.65%	0.67%	0.65%	0.64%	0.78%	0.61%	0.69%	0.67%	0.69%
Gross Profit+	371.65M	331.87M	277.28M	290.67M	300.94M	127.24M	303.85M	238.52M	233.88M	203.55M
Gross Margin %	0.37%	0.35%	0.33%	0.35%	0.36%	0.22%	0.39%	0.31%	0.33%	0.31%
Gross Profit Growth %	0.02%	-0.11%	-0.16%	0.05%	0.04%	-0.58%	1.39%	-0.22%	-0.02%	-0.13%
Operating Expenses+	273.8M	276.06M	258.61M	260.96M	263.63M	192.79M	266.05M	241.68M	250.93M	230.64M
OpEx % of Revenue	0.27%	0.29%	0.3%	0.31%	0.32%	0.34%	0.35%	0.32%	0.35%	0.35%
Selling, General & Admin	273.8M	276.06M	258.61M	260.96M	263.63M	192.79M	266.05M	241.68M	250.93M	230.64M
SG&A % of Revenue	0.27%	0.29%	0.3%	0.31%	0.32%	0.34%	0.35%	0.32%	0.35%	0.35%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	97.85M	55.81M	18.67M	29.7M	37.32M	-65.55M	37.8M	-3.16M	-17.06M	-27.09M
Operating Margin %	0.1%	0.06%	0.02%	0.04%	0.05%	-0.11%	0.05%	-0%	-0.02%	-0.04%
Operating Income Growth %	0.08%	-0.43%	-0.67%	0.59%	0.26%	-2.76%	1.58%	-1.08%	-4.4%	-0.59%
EBITDA+	120.81M	78.53M	38.32M	46.17M	52.8M	-50.87M	50.15M	7.92M	-7.18M	-17.28M
EBITDA Margin %	0.12%	0.08%	0.05%	0.06%	0.06%	-0.09%	0.07%	0.01%	-0.01%	-0.03%
EBITDA Growth %	0.08%	-0.35%	-0.51%	0.2%	0.14%	-1.96%	1.99%	-0.84%	-1.91%	-1.4%
D&A (Non-Cash Add-back)	22.96M	22.72M	19.64M	16.46M	15.48M	14.68M	12.36M	11.08M	9.87M	9.82M
EBIT	99.13M	49.11M	15.97M	33.05M	43.24M	-72.62M	39.04M	1.86M	-13.77M	-16.05M
Net Interest Income+	1.3M	2.13M	2.32M	3.8M	4.92M	2.51M	1.25M	1.79M	3.88M	4.96M
Interest Income	1.56M	2.31M	2.43M	3.89M	4.95M	2.7M	1.32M	1.88M	3.92M	5.02M
Interest Expense	264K	176K	114K	96K	29K	187K	72K	87K	35K	59K
Other Income/Expense	1.27M	-6.7M	-2.7M	3.35M	5.89M	-7.26M	1.17M	4.93M	3.25M	10.98M
Pretax Income+	99.13M	49.11M	15.97M	33.05M	43.21M	-72.81M	38.97M	1.77M	-13.8M	-16.11M
Pretax Margin %	0.1%	0.05%	0.02%	0.04%	0.05%	-0.13%	0.05%	0%	-0.02%	-0.02%
Income Tax+	32.28M	1.9M	7.43M	2.59M	7.31M	-25.32M	2.12M	1.74M	10.14M	1.94M
Effective Tax Rate %	0.66%	0.94%	0.52%	0.9%	0.8%	0.62%	0.9%	0.02%	1.64%	1.15%
Net Income+	65.44M	46.26M	8.37M	29.6M	34.62M	-45.39M	34.91M	41K	-22.59M	-18.61M
Net Margin %	0.06%	0.05%	0.01%	0.04%	0.04%	-0.08%	0.05%	0%	-0.03%	-0.03%
Net Income Growth %	0.1%	-0.29%	-0.82%	2.54%	0.17%	-2.31%	1.77%	-1%	-552.07%	0.18%
Net Income (Continuing)	66.84M	47.21M	8.54M	30.46M	35.9M	-47.48M	36.84M	29K	-23.94M	-18.06M
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)+	2.39	1.72	0.34	1.23	1.46	-2.11	1.65	0.00	-1.17	-0.97
EPS Growth %	0.11%	-0.28%	-0.8%	2.62%	0.19%	-2.45%	1.78%	-1%	-	0.17%
EPS (Basic)	2.39	1.72	0.34	1.27	1.46	-2.11	1.65	0.00	-1.17	-0.97
Diluted Shares Outstanding	27.97M	27.45M	25.12M	24.77M	23.74M	22.54M	21.11M	19.93M	19.39M	19.25M
Basic Shares Outstanding	27.37M	26.84M	24.91M	24M	23.74M	22.54M	21.11M	19.93M	19.39M	19.25M
Dividend Payout Ratio	0.51%	0.77%	4.03%	1.1%	0.94%	-	0.29%	350.46%	-	-

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+	472.05M	443.81M	372.48M	371.69M	362.8M	290.55M	355.67M	277.67M	243.06M	223.19M
Cash & Short-Term Investments	282.55M	248.47M	196.88M	207.31M	212.21M	143.93M	165.76M	128.66M	102.95M	77.7M
Cash Only	67.06M	47.23M	78.05M	24.6M	11.82M	17.51M	19.76M	20M	23.94M	20.28M
Short-Term Investments	215.5M	201.23M	118.84M	182.71M	200.39M	126.42M	146M	108.65M	79.01M	57.42M
Accounts Receivable	36.61M	30.34M	28.02M	28.14M	26.09M	52.74M	55.81M	26.5M	29.75M	24.54M
Days Sales Outstanding	13.22	11.58	12.03	12.38	11.54	33.47	26.48	12.74	15.34	13.78
Inventory	141.1M	145.68M	121.53M	119.58M	115.36M	84.12M	124.91M	112.06M	98.6M	110.74M
Days Inventory Outstanding	80.54	85.12	77.46	80.98	80.3	68.56	97.96	78.54	75.9	90.58
Other Current Assets	4.47M	3.69M	3.72M	3.8M	3.9M	3.92M	3.92M	10.46M	11.76M	10.21M
Total Non-Current Assets+	170.29M	162.52M	143.6M	127.32M	322.18M	300.9M	278.1M	275.47M	243.75M	229.18M
Property, Plant & Equipment	138.3M	126.39M	109.37M	94.3M	289.47M	272.37M	244.35M	244.66M	218.71M	209.2M
Fixed Asset Turnover	7.31x	7.57x	7.77x	8.80x	2.85x	2.11x	3.15x	3.10x	3.24x	3.11x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	1.5M	835K	0	0	0	0	0	0	0	0
Long-Term Investments	1.89M	1.62M	2.09M	1.8M	1.3M	1.26M	1.82M	1.92M	2.08M	1.14M
Other Non-Current Assets	18.31M	19.9M	19.57M	20M	22.77M	21.59M	22.62M	19.67M	22.97M	18.84M
Total Assets+	642.34M	606.32M	516.08M	499.01M	684.98M	591.45M	633.77M	553.14M	486.82M	452.36M
Asset Turnover	1.57x	1.58x	1.65x	1.66x	1.20x	0.97x	1.21x	1.37x	1.45x	1.44x
Asset Growth %	0.06%	-0.06%	-0.15%	-0.03%	0.37%	-0.14%	0.07%	-0.13%	-0.12%	-0.07%
Total Current Liabilities+	193.06M	171.91M	139.08M	142.19M	199.3M	181.93M	244.13M	202.96M	188.01M	188.24M
Accounts Payable	113.15M	105.25M	82.61M	84.28M	68.44M	73.77M	109.55M	91.96M	87.82M	88.64M
Days Payables Outstanding	64.59	61.49	52.65	57.07	47.64	60.12	85.91	64.45	67.6	72.5
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	8.63M	19.05M	13.47M	9.25M	7.76M	6.12M	6.39M	7.38M	4.74M	8.19M
Current Ratio	2.45x	2.58x	2.68x	2.61x	1.82x	1.60x	1.46x	1.37x	1.29x	1.19x
Quick Ratio	1.71x	1.73x	1.80x	1.77x	1.24x	1.13x	0.95x	0.82x	0.77x	0.60x
Cash Conversion Cycle	29.17	35.2	36.84	36.29	44.2	41.91	38.53	26.83	23.64	31.86
Total Non-Current Liabilities+	36.62M	50.51M	50.64M	39.98M	169.16M	163.02M	135.44M	123.59M	106.49M	139.91M
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	147.18M	143.31M	117.52M	107.41M	92.01M	88.34M
Deferred Tax Liabilities	0	12.29M	4.24M	4.09M	48.3M	53.76M	46.82M	0	0	0
Other Non-Current Liabilities	36.62M	50.51M	50.64M	39.98M	21.98M	19.7M	17.91M	16.18M	14.47M	51.57M
Total Liabilities	229.68M	222.42M	189.72M	182.17M	368.46M	344.95M	379.57M	326.55M	294.5M	290.06M
Total Debt+	0	0	0	0	210.33M	206.74M	184.33M	174.77M	153.12M	145.9M
Net Debt	-67.06M	-47.23M	-78.05M	-24.6M	198.51M	189.23M	164.57M	154.76M	129.18M	125.62M
Debt / Equity	-	-	-	-	0.66x	0.84x	0.73x	0.77x	0.80x	0.90x
Debt / EBITDA	-	-	-	-	3.98x	-	3.68x	22.07x	-	-
Net Debt / EBITDA	-0.56x	-0.60x	-2.04x	-0.53x	3.76x	-	3.28x	19.54x	-	-
Interest Coverage	370.65x	317.10x	163.81x	309.42x	1286.79x	-350.52x	524.95x	-36.33x	-487.31x	-459.24x
Total Equity+	412.67M	383.9M	326.35M	316.84M	316.51M	246.5M	254.2M	226.59M	192.32M	162.3M
Equity Growth %	0.09%	-0.07%	-0.15%	-0.03%	-0%	-0.22%	0.03%	-0.11%	-0.15%	-0.16%
Book Value per Share	14.76	13.99	12.99	12.79	13.33	10.94	12.04	11.37	9.92	8.43
Total Shareholders' Equity	412.67M	383.9M	326.35M	316.84M	316.51M	246.5M	254.2M	226.59M	192.32M	162.3M
Common Stock	935K	895K	832K	826K	820K	762K	728K	691K	694K	678K
Retained Earnings	320.59M	288.01M	225.89M	210.51M	203.46M	129.3M	134.21M	104.71M	64.28M	31.93M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	800K	-214K	-321K	-77K	1.42M	1.16M	-280K	-1.24M	395K	153K
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+	93.85M	72.13M	35.99M	60.24M	53.4M	-30.71M	59.79M	13.37M	477K	-19.75M
Operating CF Margin %	0.09%	0.08%	0.04%	0.07%	0.06%	-0.05%	0.08%	0.02%	0%	-0.03%
Operating CF Growth %	-0.2%	-0.23%	-0.5%	0.67%	-0.11%	-1.58%	2.95%	-0.78%	-0.96%	-42.39%
Net Income	66.84M	47.21M	8.54M	30.46M	35.9M	-47.48M	36.84M	29K	-23.94M	-18.06M
Depreciation & Amortization	22.96M	22.72M	19.64M	16.46M	15.48M	14.68M	12.36M	11.08M	9.87M	9.82M
Stock-Based Compensation	4.12M	4.2M	4.2M	4.94M	4.67M	4.09M	4.09M	2.61M	4.17M	2.28M
Deferred Taxes	-2.63M	-2.88M	1.18M	1.28M	2.12M	3.03M	-3.19M	386K	8.72M	0
Other Non-Cash Items	-507K	17.28M	14.35M	3.68M	1.14M	11.48M	1.63M	1.9M	1.75M	-4.84M
Working Capital Changes	3.07M	-16.39M	-11.91M	3.41M	-5.91M	-16.51M	8.06M	-2.63M	-93K	-8.95M
Change in Receivables	3.54M	5.44M	1.78M	-579K	1.52M	-26.93M	-3.5M	29.03M	-608K	1.36M
Change in Inventory	-3.55M	-4.58M	24.15M	1.95M	4.22M	31.24M	-40.78M	12.85M	13.45M	-12.14M
Change in Payables	233K	-8.25M	-28.78M	-7.66M	-8.63M	-16.95M	57.83M	-43.18M	-10.05M	3.46M
Cash from Investing+	-81.77M	-14.65M	66.86M	-71.14M	-22.63M	64.51M	-25.33M	16.02M	19.78M	28.96M
Capital Expenditures	-26.53M	-27.3M	-11.1M	-4.35M	-8.31M	-13.96M	-4.11M	-19.43M	-12.53M	-7.87M
CapEx % of Revenue	0.03%	0.03%	0.01%	0.01%	0.01%	0.02%	0.01%	0.03%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-5.2M	492K	-682K	-291K	-1.36M	-10.75M	-400K	35.46M	-8K	13.67M
Cash from Financing+	-38.98M	-77.31M	-72.03M	-45.16M	-41.57M	-27.18M	-31.8M	-29.28M	-16.13M	-14.05M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-33.57M	-35.43M	-33.73M	-32.58M	-32.59M	-7.91M	-9.97M	-14.37M	-13.95M	-10.52M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	745K	691K	579K	759K	626K	391K	204K	307K	384K	338K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	67.32M	44.83M	24.89M	55.89M	45.09M	-44.67M	55.68M	-6.06M	-12.05M	-27.62M
FCF Margin %	0.07%	0.05%	0.03%	0.07%	0.05%	-0.08%	0.07%	-0.01%	-0.02%	-0.04%
FCF Growth %	-0.24%	-0.33%	-0.44%	1.25%	-0.19%	-1.99%	2.25%	-1.11%	-0.99%	-1.29%
FCF per Share	2.41	1.63	0.99	2.26	1.90	-1.98	2.64	-0.30	-0.62	-1.43
FCF Conversion (FCF/Net Income)	1.43x	1.56x	4.30x	2.04x	1.54x	0.68x	1.71x	326.10x	-0.02x	1.06x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	6.83M	13.18M	0	4.12M	1.87M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	16.51%	11.61%	2.36%	9.2%	10.93%	-16.12%	13.94%	0.02%	-10.79%	-10.49%
Return on Invested Capital (ROIC)	23.23%	12.27%	4.79%	8.24%	6.93%	-10.34%	6.64%	-0.59%	-3.64%	-6.67%
Gross Margin	36.76%	34.69%	32.62%	35.03%	36.46%	22.12%	39.5%	31.41%	33.03%	31.32%
Net Margin	6.47%	4.84%	0.98%	3.57%	4.19%	-7.89%	4.54%	0.01%	-3.19%	-2.86%
Debt / Equity	-	-	-	-	0.66x	0.84x	0.73x	0.77x	0.80x	0.90x
Interest Coverage	370.65x	317.10x	163.81x	309.42x	1286.79x	-350.52x	524.95x	-36.33x	-487.31x	-459.24x
FCF Conversion	1.43x	1.56x	4.30x	2.04x	1.54x	0.68x	1.71x	326.10x	-0.02x	1.06x
Revenue Growth	2.45%	-5.39%	-11.14%	-2.39%	-0.52%	-30.32%	33.76%	-1.3%	-6.74%	-8.23%

Revenue by Segment

	2022	2023	2024
Credit Card	-	23.5M	21.8M
Credit Card Growth	-	-	-7.23%
ReportableSegmentsMemberRetail	757.02M	-	-
ReportableSegmentsMemberRetail Growth	-	-	-
ReportableSegmentsMemberCredit	2.24M	-	-
ReportableSegmentsMemberCredit Growth	-	-	-

Frequently Asked Questions

Growth & Financials

The Cato Corporation (CATO) reported $660.1M in revenue for fiscal year 2024. This represents a 29% decrease from $931.5M in 2011.

The Cato Corporation (CATO) saw revenue decline by 8.2% over the past year.

The Cato Corporation (CATO) reported a net loss of $9.6M for fiscal year 2024.

Dividend & Returns

Yes, The Cato Corporation (CATO) pays a dividend with a yield of 15.70%. This makes it attractive for income-focused investors.

The Cato Corporation (CATO) has a return on equity (ROE) of -10.5%. Negative ROE indicates the company is unprofitable.

The Cato Corporation (CATO) generated $5.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.