# Steven Madden Ltd. (SHOO) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Textiles, Apparel & Luxury Goods. Price $43.68, market value $3.2 billion.

## Valuation
- **P/E (trailing): 21.8×** (5-yr avg 25.7×, 3-yr avg 33.3×). Steven Madden Ltd. trades at 21.8× trailing earnings, close to its own five-year average of 25.7×. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 15.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.6×**. Enterprise value is 13.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.0%** (5-yr avg 6.5%). Free cash flow equals 7.0% of the market value, in line with its five-year average of 6.5%. Above 5% is generally attractive.
- **Earnings yield: 4.6%**. The inverse of the P/E: 4.6% of the price is earned each year.

## Profitability
- **Gross margin: 46.4%**. Steven Madden Ltd. keeps 46.4% of revenue after the direct cost of what it sells.
- **Operating margin: 7.5%**. 7.5% of revenue is left after running the business.
- **Net margin: 1.9%**. 1.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.7%**. 5.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 16.4%**. Return on all capital, debt included, is 16.4%: comfortably above what that capital costs.
- **Return on assets: 7.7%**. Each dollar of assets produces 7.7% of profit.

## Growth
- **Revenue growth (1 yr): 11.0%** (3-yr 6.1%/yr, 5-yr 16.2%/yr). Revenue grew 11.0% over the last year, against 16.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -73.2%** (3-yr -39.0%/yr). Earnings per share fell 73.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -22.0%/yr**. Free cash flow has compounded at -22.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.27**. Debt is 0.27 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.99**. A Z-score of 3.99 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.92%** ($0.84 per share, trailing). Steven Madden Ltd. yields 1.92%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 124%** (27% of free cash flow). The dividend exceeds earnings (124% payout), though free cash flow still covers it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 41.1%/yr** (1-yr 0.0%). The dividend has compounded at 41.1% a year over five years, doubling roughly every 2 years at that pace.

## Analyst view
- **Analyst consensus: buy** (9 analysts). 9 analysts cover Steven Madden Ltd.; the consensus is buy, with an average price target of $51.56 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 48.3%** (YTD 6.0%, 3-mo -0.3%). The shares are up 48.3% over twelve months including dividends.
- **From 52-week high: -12.1%** (46.9% above the low). Trading 12% 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): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 1.65** (volatility 42%). Beta of 1.65 against the S&P 500: the shares move much more than the market.

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

Not investment advice.