# Rocky Brands Inc. (RCKY) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Textiles, Apparel & Luxury Goods. Price $44.14, market value $331 million.

## Valuation
- **P/E (trailing): 11.6×** (5-yr avg 13.1×, 3-yr avg 14.9×). Rocky Brands Inc. trades at 11.6× trailing earnings, close to its own five-year average of 13.1×. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 10.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.11**. A PEG of 0.11 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.3×**. Enterprise value is 8.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.0%** (5-yr avg 9.2%). Free cash flow equals 5.0% of the market value, below its five-year average of 9.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 8.6%**. The inverse of the P/E: 8.6% of the price is earned each year.

## Profitability
- **Gross margin: 42.2%**. Rocky Brands Inc. keeps 42.2% of revenue after the direct cost of what it sells.
- **Operating margin: 8.8%**. 8.8% of revenue is left after running the business.
- **Net margin: 4.6%**. 4.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.8%**. 8.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 9.5%**. Return on all capital, debt included, is 9.5%.
- **Return on assets: 6.0%**. Each dollar of assets produces 6.0% of profit.

## Growth
- **Revenue growth (1 yr): 6.2%** (3-yr -7.8%/yr, 5-yr 11.7%/yr). Revenue grew 6.2% over the last year, against 11.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 94.7%** (3-yr 2.1%/yr, 5-yr 0.7%/yr). Earnings per share rose 94.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -7.8%/yr**. Free cash flow has compounded at -7.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.49**. Debt is 0.49 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.2×**. It would take 2.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.89**. A Z-score of 2.89 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.54%** ($0.64 per share, trailing). Rocky Brands Inc. yields 1.54%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 21%** (29% of free cash flow). 21% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 2.1%/yr** (1-yr 0.0%). The dividend has grown 2.1% a year over five years.

## Price and momentum
- **Total return (1 yr): 49.7%** (YTD 51.7%, 3-mo 17.9%). The shares are up 49.7% over twelve months including dividends.
- **From 52-week high: -16.7%** (67.9% above the low). Trading 17% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 0.82** (volatility 54%). Beta of 0.82 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RCKY · Page: https://foliofundamentals.com/stocks/rcky

Not investment advice.