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We are a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. We market our products primarily under five proprietary brands: UGG, HOKA, Teva, AHNU, and Koolaburra.
$107.71
+$0.02 (+0.02%)
Price from 41 days ago
Margins and capital returns are both well above average: 23.08% operating margin, ROIC at 33.92%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue grew 9.8%, steady but not accelerating.
Even for strong businesses, today's 15x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
15.3x earnings, 14.3x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$5.47B
▲ +9.8% YoY
Net Income (TTM)
$1.02B
▲ +6.0% YoY
Op. Margin
23.08%
▼ -0.6pp YoY
ROIC
33.92%
▼ -1.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.10B
▲ +14.5% YoY
Op. Cash Flow (TTM)
$1.18B
▲ +13.2% YoY
Net Debt
-$1.53B
Net Cash Position
Cash & Equiv.
$1.91B
5Y CAGR: +16.5%
5Y CAGR: +14.2%
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