InsiderClue
Stocks · Consumer discretionary · Footwear, (No Rubber)

STEVEN MADDEN, LTD.

SHOO Clue Score36
United States Fiscal year ends December CIK 0000913241
$44.30 +0.23% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $44.30 +7.47% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,399.6Operating income169.2Net income120.9EPS, diluted1.35Fiscal year 2017Revenue1,546.1 +10.5%Operating income169.8Net income117.9 −2.5%EPS, diluted1.36 +0.7%Fiscal year 2018Revenue1,653.6 +7.0%Operating income173.4Net income129.1 +9.5%EPS, diluted1.50 +10.3%Fiscal year 2019Revenue1,768.1 +6.9%Operating income176.8Net income141.3 +9.4%EPS, diluted1.69 +12.7%Fiscal year 2020Revenue1,188.9 −32.8%Operating income−31.6Net income−18.4 −113.0%EPS, diluted−0.23 −113.6%Fiscal year 2021Revenue1,853.9 +55.9%Operating income243.6EPS, diluted2.34Fiscal year 2022Revenue2,111.3 +13.9%Operating income281.6EPS, diluted2.77 +18.4%Fiscal year 2023Revenue1,971.5 −6.6%Operating income213.2EPS, diluted2.30 −17.0%Fiscal year 2024Revenue2,272.3 +15.3%Operating income224.9EPS, diluted2.35 +2.2%Fiscal year 2025Revenue2,521.5 +11.0%Operating income80.8EPS, diluted0.63 −73.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,399.6 1,546.1 1,653.6 1,768.1 1,188.9 1,853.9 2,111.3 1,971.5 2,272.3 2,521.5
Growth +10.5% +7.0% +6.9% −32.8% +55.9% +13.9% −6.6% +15.3% +11.0%
Operating income 169.2 169.8 173.4 176.8 −31.6 243.6 281.6 213.2 224.9 80.8
Net income 120.9 117.9 129.1 141.3 −18.4 n/a n/a n/a n/a n/a
Growth −2.5% +9.5% +9.4% −113.0%
EPS, diluted 1.35 1.36 1.50 1.69 −0.23 2.34 2.77 2.30 2.35 0.63
Growth +0.7% +10.3% +12.7% −113.6% +18.4% −17.0% +2.2% −73.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin37.3%Operating margin12.1%Net margin8.6%Free cash flow margin9.8%Fiscal year 2017Gross margin38.7%Operating margin11.0%Net margin7.6%Free cash flow margin9.3%Fiscal year 2018Gross margin38.7%Operating margin10.5%Net margin7.8%Free cash flow margin8.6%Fiscal year 2019Gross margin38.8%Operating margin10.0%Net margin8.0%Free cash flow margin12.2%Fiscal year 2020Gross margin39.1%Operating margin−2.7%Net margin−1.5%Free cash flow margin3.2%Fiscal year 2021Gross margin41.4%Operating margin13.1%Free cash flow margin8.2%Fiscal year 2022Gross margin41.4%Operating margin13.3%Free cash flow margin11.9%Fiscal year 2023Gross margin42.2%Operating margin10.8%Free cash flow margin10.6%Fiscal year 2024Gross margin41.2%Operating margin9.9%Free cash flow margin7.6%Fiscal year 2025Gross margin41.6%Operating margin3.2%Free cash flow margin4.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 37.3% 38.7% 38.7% 38.8% 39.1% 41.4% 41.4% 42.2% 41.2% 41.6%
Operating margin 12.1% 11.0% 10.5% 10.0% −2.7% 13.1% 13.3% 10.8% 9.9% 3.2%
Net margin 8.6% 7.6% 7.8% 8.0% −1.5% n/a n/a n/a n/a n/a
Free cash flow margin 9.8% 9.3% 8.6% 12.2% 3.2% 8.2% 11.9% 10.6% 7.6% 4.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow153.6Capital expenditure−15.9Free cash flow137.7Buybacks−86.0Dividends paid0.0Fiscal year 2017Operating cash flow157.9Capital expenditure−14.8Free cash flow143.2 +4.0%Buybacks−99.4Dividends paid0.0Fiscal year 2018Operating cash flow154.4Capital expenditure−12.5Free cash flow141.9 −0.9%Buybacks−105.9Dividends paid−47.3Fiscal year 2019Operating cash flow233.8Capital expenditure−18.3Free cash flow215.5 +51.8%Buybacks−101.8Dividends paid−48.4Fiscal year 2020Operating cash flow44.2Capital expenditure−6.6Free cash flow37.6 −82.5%Buybacks−46.6Dividends paid−12.5Fiscal year 2021Operating cash flow159.5Capital expenditure−6.6Free cash flow152.9 +306.1%Buybacks−123.2Dividends paid−49.2Fiscal year 2022Operating cash flow267.9Capital expenditure−16.4Free cash flow251.5 +64.6%Buybacks−148.9Dividends paid−66.0Fiscal year 2023Operating cash flow229.2Capital expenditure−19.5Free cash flow209.8 −16.6%Buybacks−142.3Dividends paid−63.2Fiscal year 2024Operating cash flow198.1Capital expenditure−25.9Free cash flow172.2 −17.9%Buybacks−98.4Dividends paid−61.0Fiscal year 2025Operating cash flow162.2Capital expenditure−42.7Free cash flow119.5 −30.6%Buybacks−13.5Dividends paid−61.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 153.6 157.9 154.4 233.8 44.2 159.5 267.9 229.2 198.1 162.2
Capital expenditure −15.9 −14.8 −12.5 −18.3 −6.6 −6.6 −16.4 −19.5 −25.9 −42.7
Free cash flow 137.7 143.2 141.9 215.5 37.6 152.9 251.5 209.8 172.2 119.5
Growth +4.0% −0.9% +51.8% −82.5% +306.1% +64.6% −16.6% −17.9% −30.6%
Buybacks −86.0 −99.4 −105.9 −101.8 −46.6 −123.2 −148.9 −142.3 −98.4 −13.5
Dividends paid 0.0 0.0 −47.3 −48.4 −12.5 −49.2 −66.0 −63.2 −61.0 −61.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash126.1Shareholders’ equity740.9Fiscal year 2017Cash181.2Shareholders’ equity802.8Fiscal year 2018Cash200.0Shareholders’ equity805.8Fiscal year 2019Cash264.1Shareholders’ equity828.5Fiscal year 2020Cash247.9Shareholders’ equity776.6Fiscal year 2021Cash219.5Shareholders’ equity812.1Fiscal year 2022Cash274.7Shareholders’ equity831.6Fiscal year 2023Cash204.6Shareholders’ equity829.6Fiscal year 2024Cash189.9Total debt0.0Net cash (debt)189.9Shareholders’ equity847.7Debt to equity0.00Fiscal year 2025Cash112.4Total debt234.2Net cash (debt)−121.7Shareholders’ equity866.4Debt to equity0.27
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 126.1 181.2 200.0 264.1 247.9 219.5 274.7 204.6 189.9 112.4
Total debt n/a n/a n/a n/a n/a n/a n/a n/a 0.0 234.2
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a n/a 189.9 −121.7
Shareholders’ equity 740.9 802.8 805.8 828.5 776.6 812.1 831.6 829.6 847.7 866.4
Debt to equity n/a n/a n/a n/a n/a n/a n/a n/a 0.00 0.27

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,399.6 1,546.1 1,653.6 1,768.1 1,188.9 1,853.9 2,111.3 1,971.5 2,272.3 2,521.5
Growth +10.5% +7.0% +6.9% −32.8% +55.9% +13.9% −6.6% +15.3% +11.0%
n/a 968.4 1,037.6 1,101.1 737.3 1,098.6 1,248.2 1,149.2 1,346.0 1,484.6
522.0 598.7 640.2 686.0 464.5 767.5 873.8 832.4 936.9 1,049.5
Growth +14.7% +6.9% +7.2% −32.3% +65.2% +13.9% −4.7% +12.6% +12.0%
169.2 169.8 173.4 176.8 −31.6 243.6 281.6 213.2 224.9 80.8
Growth +0.4% +2.1% +2.0% −117.9% +15.6% −24.3% +5.5% −64.1%
171.0 172.3 177.3 181.2 −30.0 242.1 282.3 220.6 230.5 77.7
49.7 53.2 46.8 39.5 −11.7 49.6 65.1 46.6 54.6 28.7
120.9 117.9 129.1 141.3 −18.4 n/a n/a n/a n/a n/a
Growth −2.5% +9.5% +9.4% −113.0%
Per share
1.41 1.43 1.58 1.78 −0.23 2.43 2.84 2.34 2.38 0.63
1.35 1.36 1.50 1.69 −0.23 2.34 2.77 2.30 2.35 0.63
Growth +0.7% +10.3% +12.7% −113.6% +18.4% −17.0% +2.2% −73.2%
89.3 86.7 86.1 83.6 78.6 81.6 78.1 74.6 72.0 71.2
Growth −2.9% −0.7% −2.8% −6.0% +3.8% −4.4% −4.5% −3.5% −1.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 16.2% a year over five years.
  • The diluted share count fell 9.5% in five years, so buybacks did some of the work per share.
  • Operating margin is up 5.9 points on five years ago, at 3.2%.
  • A net loss in 1 of 5 years on file.