NYSE : CAL
Caleres, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 13.49 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 465.47M
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Financial statements
Caleres, Inc. (CAL) reported revenue of 2.85B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.85B | 2.76B | 2.72B | 2.82B | 2.97B | 2.78B |
| Cost of Revenue | 1.57B | 1.56B | 1.50B | 1.55B | 1.68B | 1.55B |
| Gross Profit | 1.28B | 1.20B | 1.22B | 1.26B | 1.28B | 1.23B |
| Selling, General & Admin | 1.21B | 1.15B | 1.06B | 1.06B | 1.05B | 988.51M |
| Operating Expenses | 1.21B | 1.15B | 1.06B | 1.06B | 1.05B | 988.51M |
| Operating Income | 62.05M | 45.53M | 162.12M | 207.52M | 232.02M | 238.80M |
| Interest Expense | -19.24M | -18.46M | -13.96M | -19.34M | -14.26M | -30.93M |
| Other Non Operating Income (Expenses) | 1.69M | -1.28M | -1.25M | |||
| EBT Excluding Unusual Items | 44.50M | 25.79M | 146.91M | 188.17M | 217.76M | 207.87M |
| Merger & Restructuring Charges | -28.88M | -36.29M | -9.88M | -6.10M | -13.48M | |
| Asset Writedown | -1.72M | -1.72M | -1.86M | -749.00K | -1.80M | -4.13M |
| Other Unusual Items | 55.60M | -2.92M | -1.01M | |||
| Pretax Income | 71.60M | -12.22M | 135.16M | 181.32M | 213.03M | 189.24M |
| Income Tax Expense | 21.31M | -2.35M | 29.06M | 9.49M | 33.34M | 51.08M |
| Earnings From Continuing Operations | 50.29M | -9.88M | 106.10M | 171.83M | 179.69M | 138.16M |
| Minority Interest in Earnings | 2.28M | 3.19M | 1.16M | -441.00K | 2.05M | -1.14M |
| Net Income | 52.57M | -6.69M | 107.25M | 171.39M | 181.74M | 137.02M |
| Preferred Dividends & Other Adjustments | 2.24M | 3.84M | 7.52M | 7.72M | 4.98M | |
| Net Income to Common | 50.33M | -6.69M | 103.42M | 163.87M | 174.03M | 132.04M |
| Shares Outstanding (Basic) | 32.59M | 32.52M | 33.40M | 34.14M | 34.93M | 36.74M |
| Shares Outstanding (Diluted) | 32.60M | 32.52M | 33.51M | 34.15M | 35.41M | 37.09M |
| EPS (Basic) | 1.54 | -0.21 | 3.10 | 4.80 | 4.98 | 3.59 |
| EPS (Diluted) | 1.54 | -0.21 | 3.09 | 4.80 | 4.92 | 3.56 |
| Free Cash Flow | 67.34M | 39.43M | 55.41M | 155.57M | 69.97M | 150.05M |
| Free Cash Flow Per Share | 2.07 | 1.21 | 1.65 | 4.55 | 1.98 | 4.04 |
| Dividend Per Share | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Gross Margin | 44.84% | 43.52% | 44.88% | 44.83% | 43.29% | 44.19% |
| Operating Margin | 2.18% | 1.65% | 5.95% | 7.37% | 7.82% | 8.60% |
| Profit Margin | 1.77% | -0.24% | 3.80% | 5.82% | 5.86% | 4.75% |
| Free Cash Flow Margin | 2.37% | 1.43% | 2.04% | 5.52% | 2.36% | 5.40% |
| EBITDA | 123.44M | 105.18M | 213.40M | 255.77M | 276.58M | 285.44M |
| EBITDA Margin | 4.34% | 3.81% | 7.84% | 9.08% | 9.32% | 10.28% |
| D&A For EBITDA | 61.39M | 59.65M | 51.28M | 48.25M | 44.56M | 46.64M |
| EBIT | 62.05M | 45.53M | 162.12M | 207.52M | 232.02M | 238.80M |
| EBIT Margin | 2.18% | 1.65% | 5.95% | 7.37% | 7.82% | 8.60% |
| Effective Tax Rate | 29.77% | 21.50% | 5.23% | 15.65% | 26.99% | |
| Advertising Expenses | 18.80M | 19.40M | 17.00M | 18.50M | 10.80M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 50.92M | 29.77M | 29.64M | 21.36M | 33.70M | 30.11M |
| Cash & Short-Term Investments | 50.92M | 29.77M | 29.64M | 21.36M | 33.70M | 30.11M |
| Accounts Receivable | 152.97M | 147.22M | 155.91M | 140.40M | 132.80M | 122.24M |
| Other Receivables | 3.54M | 5.44M | 13.67M | 14.21M | 17.53M | 33.07M |
| Receivables | 156.50M | 152.66M | 169.57M | 154.62M | 150.33M | 155.31M |
| Inventory | 754.24M | 610.47M | 565.24M | 540.67M | 580.22M | 596.81M |
| Prepaid Expenses | 73.32M | 53.48M | 40.88M | 38.69M | 37.93M | 36.89M |
| Other Current Assets | 13.70M | 16.40M | 31.18M | 33.58M | 29.28M | 17.36M |
| Total Current Assets | 1.05B | 862.77M | 836.51M | 788.91M | 831.46M | 836.48M |
| Property, Plant & Equipment | 755.26M | 765.27M | 739.54M | 695.61M | 679.08M | 653.67M |
| Goodwill | 15.99M | 15.39M | 4.96M | 4.96M | 4.96M | 4.96M |
| Other Intangible Assets | 182.97M | 223.06M | 225.72M | 231.05M | 232.04M | 244.35M |
| Long-Term Deferred Tax Assets | 5.52M | 5.60M | 4.83M | 4.40M | ||
| Other Long-Term Assets | 127.92M | 93.70M | 83.20M | 79.81M | 88.95M | 104.48M |
| Total Assets | 2.14B | 1.97B | 1.89B | 1.80B | 1.84B | 1.84B |
| Accounts Payable | 284.73M | 191.15M | 237.04M | 251.91M | 229.91M | 331.47M |
| Accrued Expenses | 212.49M | 212.68M | 159.47M | 170.40M | 212.35M | 228.81M |
| Short-Term Debt | 288.00M | 296.50M | 219.50M | 182.00M | 307.50M | 290.00M |
| Current Portion of Leases | 123.23M | 127.03M | 127.52M | 112.76M | 136.05M | 128.50M |
| Current Income Taxes Payable | 25.20M | 8.05M | 6.42M | 11.22M | 7.65M | 22.62M |
| Current Unearned Revenue | 8.69M | 7.83M | 7.78M | 11.46M | 17.73M | 18.81M |
| Other Current Liabilities | 800.00K | 2.30M | 200.00K | 3.20M | 5.40M | |
| Total Current Liabilities | 943.13M | 845.54M | 757.93M | 742.96M | 911.20M | 1.03B |
| Long-Term Leases | 466.08M | 467.60M | 479.52M | 453.10M | 444.07M | 452.91M |
| Long-Term Deferred Tax Liabilities | 28.59M | 27.91M | 31.77M | 11.54M | 19.00M | 14.73M |
| Other Long-Term Liabilities | 8.62M | 15.79M | 19.58M | 29.59M | 36.09M | 27.29M |
| Total Liabilities | 1.45B | 1.36B | 1.29B | 1.24B | 1.41B | 1.52B |
| Common Stock | 345.00K | 338.00K | 336.00K | 355.00K | 357.00K | 376.00K |
| Additional Paid-In Capital | 203.13M | 198.88M | 190.32M | 184.45M | 180.75M | 168.83M |
| Retained Earnings | 486.24M | 421.21M | 442.39M | 410.33M | 266.33M | 157.97M |
| Comprehensive Income & Other | -16.15M | -18.58M | -34.02M | -34.50M | -26.75M | -8.61M |
| Total Common Equity | 673.56M | 601.85M | 599.02M | 560.63M | 420.68M | 318.57M |
| Minority Interest | 8.26M | 7.11M | 6.92M | 6.94M | 5.43M | 4.82M |
| Shareholders' Equity | 681.82M | 608.96M | 605.95M | 567.57M | 426.11M | 323.39M |
| Total Liabilities & Equity | 2.14B | 1.97B | 1.89B | 1.80B | 1.84B | 1.84B |
| Total Debt | 877.31M | 891.13M | 826.55M | 747.86M | 887.62M | 871.40M |
| Net Cash (Debt) | -826.39M | -861.36M | -796.91M | -726.50M | -853.92M | -841.29M |
| Net Cash Per Share | -25.35 | -26.49 | -23.78 | -21.27 | -24.12 | -22.68 |
| Filing Date Shares Outstanding | 34.50M | 33.84M | 33.61M | 35.15M | 35.63M | 37.63M |
| Total Common Shares Outstanding | 34.51M | 33.85M | 33.63M | 35.49M | 35.72M | 37.64M |
| Working Capital | 105.56M | 17.23M | 78.58M | 45.95M | -79.74M | -189.14M |
| Book Value Per Share | 19.52 | 17.78 | 17.81 | 15.80 | 11.78 | 8.46 |
| Tangible Book Value | 474.59M | 363.40M | 368.35M | 324.62M | 183.69M | 69.27M |
| Tangible Book Value Per Share | 13.75 | 10.74 | 10.95 | 9.15 | 5.14 | 1.84 |
| Land | 19.55M | 37.49M | 38.80M | 37.39M | 48.35M | |
| Machinery | 328.72M | 320.03M | 306.39M | 287.59M | 274.98M | |
| Construction In Progress | 26.82M | 16.52M | 14.20M | 20.50M | 3.07M | |
| Leasehold Improvements | 244.26M | 229.23M | 216.53M | 204.38M | 197.22M | |
| Order Backlog | 332.20M | 260.20M | 234.50M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 52.57M | -6.69M | 107.25M | 171.39M | 181.74M | 137.02M |
| Depreciation & Amortization | 61.39M | 59.65M | 51.28M | 48.25M | 44.56M | 46.64M |
| Other Amortization | 5.58M | 5.50M | 5.55M | 5.43M | 4.86M | 6.57M |
| Loss (Gain) From Sale of Assets | -5.81M | -3.13M | 421.00K | 1.35M | 1.37M | 472.00K |
| Asset Writedown & Restructuring Costs | 1.63M | 1.72M | 1.86M | 749.00K | 1.80M | 4.13M |
| Stock-Based Compensation | 11.85M | 12.43M | 15.14M | 14.80M | 17.31M | 12.30M |
| Provision & Write-off of Bad Debts | 4.25M | 7.51M | -815.00K | 1.02M | -262.00K | -2.24M |
| Other Operating Activities | -2.78M | -3.01M | 17.00M | -11.19M | 673.00K | -21.50M |
| Change in Accounts Receivable | -15.70M | 16.28M | -15.61M | -8.49M | -10.30M | 7.00M |
| Change in Inventory | 23.39M | 37.81M | -23.29M | 39.49M | 16.24M | -108.77M |
| Change in Accounts Payable | -16.88M | -51.75M | -14.36M | 22.04M | -101.45M | 50.94M |
| Change in Income Taxes | 17.15M | 7.72M | -4.25M | 1.56M | 5.90M | 15.83M |
| Change in Other Net Operating Assets | -19.33M | 19.14M | -35.63M | -86.26M | -36.56M | 20.05M |
| Operating Cash Flow | 117.31M | 103.18M | 104.56M | 200.15M | 125.88M | 168.44M |
| Capital Expenditures | -49.97M | -63.74M | -49.15M | -44.58M | -55.91M | -18.39M |
| Cash Acquisitions | -109.17M | -108.86M | ||||
| Divestitures | 19.22M | 15.27M | ||||
| Sale (Purchase) of Intangibles | -4.41M | -4.15M | -2.54M | -5.03M | -8.12M | -5.75M |
| Investing Cash Flow | -144.32M | -161.48M | -51.69M | -49.62M | -64.04M | -24.14M |
| Short-Term Debt Issued | 849.50M | 639.87M | 532.50M | 859.50M | 632.00M | |
| Total Debt Issued | 413.85M | 849.50M | 639.87M | 532.50M | 859.50M | 632.00M |
| Short-Term Debt Repaid | -772.50M | -602.37M | -658.00M | -842.00M | -592.00M | |
| Long-Term Debt Repaid | -200.00M | |||||
| Total Debt Repaid | -513.35M | -772.50M | -602.37M | -658.00M | -842.00M | -792.00M |
| Net Debt Issued (Repaid) | -99.50M | 77.00M | 37.50M | -125.50M | 17.50M | -160.00M |
| Repurchase of Common Stock | -3.12M | -5.04M | -65.04M | -17.45M | -63.23M | -16.96M |
| Common Dividends Paid | -9.49M | -9.45M | -9.69M | -9.95M | -10.18M | -10.65M |
| Other Financing Activities | -1.37M | -4.13M | -7.28M | -10.09M | -2.25M | -14.77M |
| Financing Cash Flow | -113.47M | 58.38M | -44.51M | -162.99M | -58.15M | -202.38M |
| Foreign Exchange Rate Adjustments | -83.00K | 57.00K | -89.00K | 118.00K | -103.00K | -91.00K |
| Net Cash Flow | -140.57M | 133.00K | 8.28M | -12.34M | 3.58M | -58.18M |
| Free Cash Flow | 67.34M | 39.43M | 55.41M | 155.57M | 69.97M | 150.05M |
| Free Cash Flow Margin | 2.37% | 1.43% | 2.04% | 5.52% | 2.36% | 5.40% |
| Free Cash Flow Per Share | 2.07 | 1.21 | 1.65 | 4.55 | 1.98 | 4.04 |
| Levered Free Cash Flow | -18.50M | 11.56M | 36.29M | 147.23M | 7.92M | 163.84M |
| Unlevered Free Cash Flow | -7.17M | 22.53M | 44.61M | 158.92M | 16.43M | 182.30M |
| Cash Interest Paid | 17.70M | 17.70M | 13.00M | 19.70M | 12.50M | 20.40M |
| Cash Income Tax Paid | -2.62M | 15.80M | 19.80M | 17.40M | 29.30M | |
| Change in Working Capital | -11.37M | 29.20M | -93.14M | -31.66M | -126.17M | -14.95M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 471.34M | 414.20M | 616.42M | 1.13B | 894.68M | 879.12M |
| Enterprise Value | 1.30B | 1.35B | 1.45B | 1.89B | 1.82B | 1.66B |
| Last Close Price | 13.49 | 12.01 | 17.67 | 30.52 | 23.74 | 21.55 |
| PE Ratio | 8.85 | 5.96 | 6.92 | 5.14 | 6.66 | |
| Forward PE | 7.12 | 11.14 | 5.43 | 7.02 | 5.69 | 6.12 |
| PS Ratio | 0.16 | 0.15 | 0.23 | 0.40 | 0.30 | 0.32 |
| PB Ratio | 0.69 | 0.68 | 1.02 | 2.00 | 2.10 | 2.72 |
| P/TBV Ratio | 0.98 | 1.14 | 1.67 | 3.49 | 4.87 | 12.69 |
| P/FCF Ratio | 6.91 | 10.50 | 11.12 | 7.29 | 12.79 | 5.86 |
| P/OCF Ratio | 3.97 | 4.01 | 5.89 | 5.67 | 7.11 | 5.22 |
| PEG Ratio | 1.27 | 1.27 | 1.27 | 1.27 | 1.27 | |
| EV/Sales Ratio | 0.45 | 0.49 | 0.53 | 0.67 | 0.61 | 0.60 |
| EV/EBITDA Ratio | 10.47 | 12.84 | 6.81 | 7.40 | 6.58 | 5.83 |
| EV/EBIT Ratio | 20.82 | 29.65 | 8.96 | 9.12 | 7.84 | 6.97 |
| EV/FCF Ratio | 19.19 | 34.23 | 26.22 | 12.17 | 26.02 | 11.09 |
| Debt / Equity Ratio | 1.29 | 1.46 | 1.36 | 1.32 | 2.08 | 2.69 |
| Debt / EBITDA Ratio | 2.54 | 2.80 | 1.96 | 1.63 | 1.89 | 1.82 |
| Debt / FCF Ratio | 13.03 | 22.60 | 14.92 | 4.81 | 12.69 | 5.81 |
| Net Debt / Equity Ratio | 1.21 | 1.41 | 1.31 | 1.28 | 2.00 | 2.60 |
| Net Debt / EBITDA Ratio | 6.70 | 8.19 | 3.73 | 2.84 | 3.09 | 2.95 |
| Net Debt / FCF Ratio | 12.27 | 21.84 | 14.38 | 4.67 | 12.21 | 5.61 |
| Asset Turnover | 1.33 | 1.43 | 1.47 | 1.55 | 1.61 | 1.50 |
| Inventory Turnover | 2.17 | 2.65 | 2.71 | 2.77 | 2.86 | 2.86 |
| Quick Ratio | 0.22 | 0.22 | 0.26 | 0.24 | 0.20 | 0.18 |
| Current Ratio | 1.11 | 1.02 | 1.10 | 1.06 | 0.91 | 0.82 |
| Return on Equity (ROE) | 7.71% | -1.63% | 18.08% | 34.59% | 47.95% | 52.41% |
| Return on Assets (ROA) | 1.81% | 1.47% | 5.48% | 7.12% | 7.88% | 8.04% |
| Return on Invested Capital (ROIC) | 2.87% | 3.17% | 9.44% | 15.28% | 16.01% | 14.52% |
| Return on Capital Employed (ROCE) | 5.20% | 4.10% | 14.30% | 19.50% | 25.10% | 29.20% |
| Earnings Yield | 11.30% | -1.62% | 17.40% | 15.12% | 20.31% | 15.59% |
| FCF Yield | 14.47% | 9.52% | 8.99% | 13.72% | 7.82% | 17.07% |
| Dividend Yield | 2.03% | 2.29% | 1.53% | 0.88% | 1.12% | 1.20% |
| Payout Ratio | 18.15% | 9.04% | 5.81% | 5.60% | 7.77% | |
| Buyback Yield / Dilution | 0.79% | 2.97% | 1.87% | 3.54% | 4.56% | 0.34% |
| Total Shareholder Return | 2.87% | 5.26% | 3.40% | 4.42% | 5.67% | 1.54% |