NYSE : CATO
The Cato Corporation — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 2.31 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 43.87M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
The Cato Corporation (CATO) reported revenue of 643.67M 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 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 637.07M | 646.83M | 642.14M | 700.32M | 752.37M | 761.36M |
| Other Revenue | 6.60M | 6.98M | 7.67M | 7.74M | 6.89M | 7.91M |
| Revenue | 643.67M | 653.81M | 649.81M | 708.06M | 759.26M | 769.27M |
| Cost of Revenue | 427.29M | 431.55M | 436.44M | 464.31M | 509.66M | 451.63M |
| Gross Profit | 215.26M | 220.64M | 211.74M | 242.11M | 248.10M | 316.20M |
| Selling, General & Admin | 220.51M | 224.73M | 229.80M | 251.11M | 241.06M | 266.95M |
| Operating Expenses | 229.89M | 234.72M | 239.62M | 260.98M | 252.14M | 279.31M |
| Operating Income | -14.63M | -14.07M | -27.88M | -18.87M | -4.04M | 36.90M |
| Interest Expense | -115.00K | -115.00K | -59.00K | -35.00K | -87.00K | -72.00K |
| Interest & Investment Income | 5.05M | 4.06M | 5.09M | 4.00M | 1.92M | 1.40M |
| Other Non Operating Income (Expenses) | 1.73M | 1.78M | 1.39M | 1.08M | 896.00K | 580.00K |
| EBT Excluding Unusual Items | -7.96M | -8.35M | -21.46M | -13.83M | -1.31M | 38.80M |
| Gain (Loss) on Sale of Investments | 815.00K | 849.00K | 5.34M | 25.00K | -31.00K | 164.00K |
| Other Unusual Items | 1.43M | |||||
| Pretax Income | -7.15M | -7.50M | -16.11M | -13.80M | 1.77M | 38.97M |
| Income Tax Expense | -1.56M | -1.59M | 1.94M | 10.14M | 1.74M | 2.12M |
| Net Income | -5.59M | -5.91M | -18.06M | -23.94M | 29.00K | 36.84M |
| Preferred Dividends & Other Adjustments | -48.00K | 548.00K | -1.35M | -12.00K | 1.94M | |
| Net Income to Common | -5.54M | -5.91M | -18.61M | -22.59M | 41.00K | 34.91M |
| Shares Outstanding (Basic) | 18.87M | 18.79M | 19.25M | 19.39M | 19.93M | 21.11M |
| Shares Outstanding (Diluted) | 18.87M | 18.79M | 19.25M | 19.39M | 19.93M | 21.11M |
| EPS (Basic) | -0.29 | -0.31 | -0.97 | -1.17 | 0.00 | 1.65 |
| EPS (Diluted) | -0.29 | -0.31 | -0.97 | -1.17 | 0.00 | 1.65 |
| Free Cash Flow | 1.62M | -5.22M | -27.62M | -12.05M | -6.06M | 55.68M |
| Free Cash Flow Per Share | 0.09 | -0.28 | -1.44 | -0.62 | -0.30 | 2.64 |
| Dividend Per Share | 0.51 | 0.68 | 0.68 | 0.45 | ||
| Gross Margin | 33.44% | 33.75% | 32.58% | 34.19% | 32.68% | 41.10% |
| Operating Margin | -2.27% | -2.15% | -4.29% | -2.67% | -0.53% | 4.80% |
| Profit Margin | -0.86% | -0.90% | -2.86% | -3.19% | 0.01% | 4.54% |
| Free Cash Flow Margin | 0.25% | -0.80% | -4.25% | -1.70% | -0.80% | 7.24% |
| EBITDA | -5.45M | -4.29M | -18.86M | -10.30M | 5.33M | 49.25M |
| EBITDA Margin | -0.85% | -0.66% | -2.90% | -1.45% | 0.70% | 6.40% |
| D&A For EBITDA | 9.18M | 9.79M | 9.02M | 8.57M | 9.38M | 12.36M |
| EBIT | -14.63M | -14.07M | -27.88M | -18.87M | -4.04M | 36.90M |
| EBIT Margin | -2.27% | -2.15% | -4.29% | -2.67% | -0.53% | 4.80% |
| Effective Tax Rate | 98.36% | 5.44% | ||||
| Revenue as Reported | 643.67M | 653.81M | 649.81M | 708.06M | 759.26M | 769.27M |
| Advertising Expenses | 4.91M | 4.69M | 6.28M | 6.87M | 6.04M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 35.12M | 16.79M | 20.28M | 23.94M | 20.00M | 19.76M |
| Short-Term Investments | 58.65M | 56.86M | 57.42M | 79.01M | 108.65M | 146.00M |
| Cash & Short-Term Investments | 93.77M | 73.65M | 77.70M | 102.95M | 128.66M | 165.76M |
| Accounts Receivable | 20.46M | 14.66M | 15.75M | 16.30M | 16.06M | 13.91M |
| Other Receivables | 10.80M | 8.79M | 13.46M | 10.43M | 41.90M | |
| Receivables | 20.46M | 25.46M | 24.54M | 29.75M | 26.50M | 55.81M |
| Inventory | 82.49M | 83.70M | 110.74M | 98.60M | 112.06M | 124.91M |
| Prepaid Expenses | 9.08M | 7.79M | 7.41M | 7.78M | 6.68M | 5.27M |
| Restricted Cash | 2.67M | 2.67M | 2.80M | 3.97M | 3.79M | 3.92M |
| Other Current Assets | 1.00K | |||||
| Total Current Assets | 208.46M | 193.27M | 223.19M | 243.06M | 277.67M | 355.67M |
| Property, Plant & Equipment | 194.03M | 207.68M | 209.20M | 218.71M | 244.66M | 244.35M |
| Long-Term Investments | 1.14M | 1.14M | 2.08M | 1.92M | 1.82M | |
| Long-Term Deferred Tax Assets | 9.21M | 9.31M | ||||
| Other Long-Term Assets | 20.94M | 19.33M | 18.84M | 22.97M | 19.67M | 22.62M |
| Total Assets | 423.44M | 421.42M | 452.36M | 486.82M | 553.14M | 633.77M |
| Accounts Payable | 73.76M | 64.96M | 88.64M | 87.82M | 91.96M | 109.55M |
| Accrued Expenses | 31.83M | 37.43M | 42.04M | 38.14M | 42.34M | 66.20M |
| Current Portion of Leases | 47.84M | 53.51M | 57.55M | 61.11M | 67.36M | 66.81M |
| Current Income Taxes Payable | 52.00K | 613.00K | 920.00K | |||
| Other Current Liabilities | 942.00K | 685.00K | 657.00K | |||
| Total Current Liabilities | 153.47M | 155.89M | 188.24M | 188.01M | 202.96M | 244.13M |
| Long-Term Leases | 90.79M | 96.94M | 88.34M | 92.01M | 107.41M | 117.52M |
| Other Long-Term Liabilities | 11.26M | 11.27M | 13.48M | 14.47M | 16.18M | 17.91M |
| Total Liabilities | 255.53M | 264.11M | 290.06M | 294.50M | 326.55M | 379.57M |
| Common Stock | 672.00K | 667.00K | 678.00K | 694.00K | 691.00K | 728.00K |
| Additional Paid-In Capital | 132.38M | 131.35M | 129.53M | 126.95M | 122.43M | 119.54M |
| Retained Earnings | 35.07M | 25.03M | 31.93M | 64.28M | 104.71M | 134.21M |
| Comprehensive Income & Other | -217.00K | 274.00K | 153.00K | 395.00K | -1.24M | -280.00K |
| Shareholders' Equity | 167.91M | 157.31M | 162.30M | 192.32M | 226.59M | 254.20M |
| Total Liabilities & Equity | 423.44M | 421.42M | 452.36M | 486.82M | 553.14M | 633.77M |
| Total Debt | 138.63M | 150.45M | 145.90M | 153.12M | 174.77M | 184.33M |
| Net Cash (Debt) | -44.86M | -76.80M | -68.19M | -50.17M | -46.11M | -18.57M |
| Net Cash Per Share | -2.38 | -4.09 | -3.54 | -2.59 | -2.31 | -0.88 |
| Filing Date Shares Outstanding | 18.99M | 18.84M | 18.86M | 19.44M | 19.43M | 20.39M |
| Total Common Shares Outstanding | 18.99M | 18.84M | 18.86M | 19.44M | 19.43M | 20.39M |
| Working Capital | 54.99M | 37.38M | 34.95M | 55.05M | 74.72M | 111.53M |
| Book Value Per Share | 8.84 | 8.35 | 8.60 | 9.89 | 11.66 | 12.47 |
| Tangible Book Value | 167.91M | 157.31M | 162.30M | 192.32M | 226.59M | 254.20M |
| Tangible Book Value Per Share | 8.84 | 8.35 | 8.60 | 9.89 | 11.66 | 12.47 |
| Land | 13.59M | 13.59M | 13.76M | 13.60M | 13.60M | |
| Buildings | 35.60M | 35.95M | 35.76M | 35.54M | 35.40M | |
| Machinery | 192.57M | 195.70M | 195.26M | 212.84M | 212.78M | |
| Construction In Progress | 179.00K | 928.00K | 18.03M | 12.99M | 1.50M | |
| Leasehold Improvements | 72.41M | 72.61M | 74.78M | 77.61M | 79.33M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -5.59M | -5.91M | -18.06M | -23.94M | 29.00K | 36.84M |
| Depreciation & Amortization | 9.38M | 9.99M | 9.82M | 9.87M | 11.08M | 12.36M |
| Loss (Gain) From Sale of Assets | -644.00K | -668.00K | 192.00K | 84.00K | 199.00K | 629.00K |
| Asset Writedown & Restructuring Costs | 202.00K | 202.00K | 786.00K | 1.81M | 884.00K | 901.00K |
| Loss (Gain) From Sale of Investments | -541.00K | -945.00K | -6.47M | -703.00K | 537.00K | -332.00K |
| Stock-Based Compensation | 2.06M | 1.67M | 2.28M | 4.17M | 2.61M | 4.09M |
| Provision & Write-off of Bad Debts | 828.00K | 856.00K | 654.00K | 554.00K | 280.00K | 429.00K |
| Other Operating Activities | 8.72M | 386.00K | -3.19M | |||
| Change in Accounts Receivable | 4.50M | -1.41M | 1.36M | -608.00K | 29.03M | -3.50M |
| Change in Inventory | 14.79M | 27.04M | -12.14M | 13.45M | 12.85M | -40.78M |
| Change in Accounts Payable | -17.95M | -30.54M | 3.46M | -10.05M | -43.18M | 57.83M |
| Change in Income Taxes | -613.00K | -307.00K | -1.12M | |||
| Change in Other Net Operating Assets | -1.58M | -1.75M | -1.62M | -2.27M | -1.03M | -4.36M |
| Operating Cash Flow | 5.44M | -1.46M | -19.75M | 477.00K | 13.37M | 59.79M |
| Capital Expenditures | -3.81M | -3.76M | -7.87M | -12.53M | -19.43M | -4.11M |
| Investment in Securities | -2.04M | 1.59M | 23.17M | 32.32M | 35.46M | -20.83M |
| Other Investing Activities | 1.57M | 867.00K | 13.67M | -8.00K | -400.00K | |
| Investing Cash Flow | -4.28M | -1.30M | 28.96M | 19.78M | 16.02M | -25.33M |
| Issuance of Common Stock | 155.00K | 144.00K | 338.00K | 384.00K | 307.00K | 204.00K |
| Repurchase of Common Stock | -422.00K | -995.00K | -3.88M | -2.56M | -15.22M | -22.03M |
| Common Dividends Paid | -10.52M | -13.95M | -14.37M | -9.97M | ||
| Financing Cash Flow | -267.00K | -851.00K | -14.05M | -16.13M | -29.28M | -31.80M |
| Net Cash Flow | 890.00K | -3.62M | -4.83M | 4.12M | 115.00K | 2.65M |
| Free Cash Flow | 1.62M | -5.22M | -27.62M | -12.05M | -6.06M | 55.68M |
| Free Cash Flow Margin | 0.25% | -0.80% | -4.25% | -1.70% | -0.80% | 7.24% |
| Free Cash Flow Per Share | 0.09 | -0.28 | -1.44 | -0.62 | -0.30 | 2.64 |
| Levered Free Cash Flow | 2.93M | -3.41M | -14.78M | -10.09M | -9.16M | 50.88M |
| Unlevered Free Cash Flow | 3.00M | -3.33M | -14.74M | -10.07M | -9.11M | 50.93M |
| Cash Income Tax Paid | 918.00K | 918.00K | 1.87M | 4.12M | -29.21M | 13.18M |
| Change in Working Capital | -253.00K | -6.66M | -8.95M | -93.00K | -2.63M | 8.06M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 43.87M | 57.45M | 64.68M | 133.73M | 200.65M | 336.11M |
| Enterprise Value | 88.73M | 138.46M | 87.53M | 137.73M | 196.26M | 270.87M |
| Last Close Price | 2.31 | 3.05 | 3.35 | 6.25 | 8.42 | 12.64 |
| PE Ratio | 4,893.98 | 9.63 | ||||
| Forward PE | 15.65 | 15.65 | 15.65 | 15.65 | 15.65 | |
| PS Ratio | 0.07 | 0.09 | 0.10 | 0.19 | 0.26 | 0.44 |
| PB Ratio | 0.26 | 0.36 | 0.40 | 0.69 | 0.89 | 1.32 |
| P/TBV Ratio | 0.26 | 0.36 | 0.40 | 0.69 | 0.89 | 1.32 |
| P/FCF Ratio | 26.99 | 6.04 | ||||
| P/OCF Ratio | 8.07 | 280.37 | 15.01 | 5.62 | ||
| EV/Sales Ratio | 0.14 | 0.21 | 0.14 | 0.20 | 0.26 | 0.35 |
| EV/EBITDA Ratio | 36.79 | 5.50 | ||||
| EV/EBIT Ratio | 7.34 | |||||
| EV/FCF Ratio | 54.60 | 4.87 | ||||
| Debt / Equity Ratio | 0.83 | 0.96 | 0.90 | 0.80 | 0.77 | 0.72 |
| Debt / EBITDA Ratio | 2.22 | 2.35 | 2.88 | 2.44 | 2.23 | 1.55 |
| Debt / FCF Ratio | 85.31 | 3.31 | ||||
| Net Debt / Equity Ratio | 0.27 | 0.49 | 0.42 | 0.26 | 0.20 | 0.07 |
| Net Debt / EBITDA Ratio | -8.23 | -17.92 | -3.62 | -4.87 | 8.64 | 0.38 |
| Net Debt / FCF Ratio | 27.61 | -14.70 | -2.47 | -4.16 | -7.61 | 0.33 |
| Asset Turnover | 1.50 | 1.50 | 1.38 | 1.36 | 1.28 | 1.26 |
| Inventory Turnover | 4.75 | 4.44 | 4.17 | 4.41 | 4.30 | 4.32 |
| Quick Ratio | 0.74 | 0.64 | 0.54 | 0.71 | 0.76 | 0.91 |
| Current Ratio | 1.36 | 1.24 | 1.19 | 1.29 | 1.37 | 1.46 |
| Return on Equity (ROE) | -3.29% | -3.70% | -10.18% | -11.43% | 0.01% | 14.72% |
| Return on Assets (ROA) | -2.12% | -2.01% | -3.71% | -2.27% | -0.43% | 3.76% |
| Return on Invested Capital (ROIC) | -6.60% | -6.06% | -11.79% | -7.32% | -0.02% | 11.99% |
| Return on Capital Employed (ROCE) | -5.40% | -5.30% | -10.60% | -6.30% | -1.20% | 9.50% |
| Earnings Yield | -12.72% | -10.29% | -27.92% | -17.90% | 0.01% | 10.96% |
| FCF Yield | 3.70% | -9.09% | -42.70% | -9.01% | -3.02% | 16.57% |
| Dividend Yield | 14.87% | 9.89% | 6.58% | 2.73% | ||
| Payout Ratio | 49,548.28% | 27.07% | ||||
| Buyback Yield / Dilution | 0.48% | 2.40% | 0.73% | 2.71% | 5.60% | 6.31% |
| Total Shareholder Return | 0.48% | 2.40% | 15.60% | 12.60% | 12.19% | 9.04% |