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Caleres vs Rocky Brands: revenue, profit, margins and growth compared

Caleres brought in $2.8B of revenue in fiscal 2025, Rocky Brands $482M in fiscal 2025. Revenue changed by +1.3% at Caleres and +6.2% at Rocky Brands on the year before, so Rocky Brands grew faster. Caleres kept -0.2% of its revenue as net profit, Rocky Brands 4.6%. Free cash flow was $39.4M at Caleres and $9.7M at Rocky Brands.

Side by side, latest fiscal year

CALRCKY
Fiscal year endedFY2025 (January 31, 2026)FY2025 (December 31, 2025)
Revenue$2.8B$482M
Revenue growth+1.3%+6.2%
Net income-$6.7M$22.3M
Net margin-0.2%4.6%
Free cash flow$39.4M$9.7M
Free cash flow margin1.4%2.0%
Earnings per share (diluted)-$0.21$2.96
Cash$29.8M$2.9M
Debtn/a$122.6M
Price to earningsn/a15.2
Market value$420.5M$337.9M
Dividend yield2.24%1.37%
Rank by revenue in sector#303 of 778 · Consumer discretionary#567 of 778 · Consumer discretionary

Over the years

Revenue
CAL FY2018: $2.8BCAL FY2019: $2.9BCAL FY2020: $2.1BCAL FY2021: $2.8BCAL FY2022: $3BCAL FY2023: $2.8BCAL FY2024: $2.7BCAL FY2025: $2.8BRCKY FY2018: $252.7MRCKY FY2019: $270.4MRCKY FY2020: $277.3MRCKY FY2021: $514.2MRCKY FY2022: $615.5MRCKY FY2023: $461.8MRCKY FY2024: $453.8MRCKY FY2025: $482MFY18FY19FY20FY21FY22FY23FY24FY25
CAL $2.8BRCKY $482M
Net income
CAL FY2018: -$5.4MCAL FY2019: $62.8MCAL FY2020: -$439.1MCAL FY2021: $137MCAL FY2022: $181.7MCAL FY2023: $171.4MCAL FY2024: $107.3MCAL FY2025: -$6.7MRCKY FY2018: $14.6MRCKY FY2019: $17.5MRCKY FY2020: $21MRCKY FY2021: $20.6MRCKY FY2022: $20.5MRCKY FY2023: $10.4MRCKY FY2024: $11.4MRCKY FY2025: $22.3MFY18FY19FY20FY21FY22FY23FY24FY25
CAL -$6.7MRCKY $22.3M
Net margin
CAL FY2018: -0.2%CAL FY2019: 2.2%CAL FY2020: -20.7%CAL FY2021: 4.9%CAL FY2022: 6.1%CAL FY2023: 6.1%CAL FY2024: 3.9%CAL FY2025: -0.2%RCKY FY2018: 5.8%RCKY FY2019: 6.5%RCKY FY2020: 7.6%RCKY FY2021: 4.0%RCKY FY2022: 3.3%RCKY FY2023: 2.3%RCKY FY2024: 2.5%RCKY FY2025: 4.6%FY18FY19FY20FY21FY22FY23FY24FY25
CAL -0.2%RCKY 4.6%
Revenue growth
CAL FY2019: +3.1%CAL FY2020: -27.5%CAL FY2021: +31.2%CAL FY2022: +6.9%CAL FY2023: -5.1%CAL FY2024: -3.4%CAL FY2025: +1.3%RCKY FY2019: +7.0%RCKY FY2020: +2.6%RCKY FY2021: +85.4%RCKY FY2022: +19.7%RCKY FY2023: -25.0%RCKY FY2024: -1.7%RCKY FY2025: +6.2%FY19FY20FY21FY22FY23FY24FY25
CAL +1.3%RCKY +6.2%
Free cash flow
CAL FY2018: $67.1MCAL FY2019: $126.3MCAL FY2020: $109.6MCAL FY2021: $150MCAL FY2022: $70MCAL FY2023: $155.6MCAL FY2024: $55.4MCAL FY2025: $39.4MRCKY FY2018: $13.3MRCKY FY2019: $10.4MRCKY FY2020: $19.7MRCKY FY2021: -$75.9MRCKY FY2022: $12.4MRCKY FY2023: $69.7MRCKY FY2024: $48.1MRCKY FY2025: $9.7MFY18FY19FY20FY21FY22FY23FY24FY25
CAL $39.4MRCKY $9.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Caleres and Rocky Brands

Which is bigger by revenue, Caleres or Rocky Brands?

Caleres is bigger by revenue: $2.8B in fiscal 2025, against $482M for Rocky Brands in fiscal 2025.

Which keeps more of its revenue as profit, Caleres or Rocky Brands?

Caleres had a net margin of -0.2% in fiscal 2025; Rocky Brands had 4.6% in fiscal 2025.

Which grew revenue faster, Caleres or Rocky Brands?

In their latest fiscal years revenue changed by +1.3% at Caleres and +6.2% at Rocky Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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