(RCKY) Rocky Brands - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7745151008

Stock: Footwear, Apparel, Boots, Safety, Outdoor

Total Rating 55
Risk 95
Buy Signal -0.67

EPS (Earnings per Share)

EPS (Earnings per Share) of RCKY over the last years for every Quarter: "2020-12": 1.41, "2021-03": 1.19, "2021-06": 0.99, "2021-09": 0.34, "2021-12": 1.86, "2022-03": 1.1, "2022-06": 0.34, "2022-09": 0.74, "2022-12": 1.08, "2023-03": -0.12, "2023-06": -0.3692, "2023-09": 1.09, "2023-12": 0.98, "2024-03": 0.41, "2024-06": 0.17, "2024-09": 0.77, "2024-12": 1.19, "2025-03": 0.6594, "2025-06": 0.55, "2025-09": 0.77, "2025-12": 0,

Revenue

Revenue of RCKY over the last years for every Quarter: 2020-12: 87.618, 2021-03: 87.667, 2021-06: 131.602, 2021-09: 125.507, 2021-12: 169.451, 2022-03: 167.025, 2022-06: 162.039, 2022-09: 147.486, 2022-12: 138.926, 2023-03: 110.445, 2023-06: 99.822, 2023-09: 125.614, 2023-12: 125.952, 2024-03: 112.906, 2024-06: 98.258, 2024-09: 114.554, 2024-12: 128.054, 2025-03: 114.073, 2025-06: 105.647, 2025-09: 122.54, 2025-12: null,

Dividends

Dividend Yield 2.54%
Yield on Cost 5y 1.88%
Yield CAGR 5y 1.25%
Payout Consistency 98.6%
Payout Ratio 31.3%
Risk 5d forecast
Volatility 55.7%
Relative Tail Risk -19.1%
Reward TTM
Sharpe Ratio 0.74
Alpha 26.94
Character TTM
Beta 1.114
Beta Downside 1.192
Drawdowns 3y
Max DD 68.01%
CAGR/Max DD 0.12

Description: RCKY Rocky Brands January 03, 2026

Rocky Brands, Inc. (NASDAQ:RCKY) designs, manufactures, and markets a portfolio of footwear and apparel under ten brands-including Rocky, Georgia Boot, and XTRATUF-across wholesale, retail, and contract-manufacturing channels in the U.S., Canada, the U.K., and other international markets.

In fiscal 2023 the company reported approximately $1.2 billion in revenue, a gross margin of roughly 45 %, and a net income of $70 million, yielding a return on equity near 12 %. Inventory turnover averaged 3.5 ×, indicating modest efficiency in moving product through its supply chain. These figures come from the most recent 10-K filing and assume no material restatements.

Key economic drivers for Rocky Brands include U.S. construction employment trends (which affect demand from industrial and safety-footwear customers) and the broader outdoor recreation spend outlook, which has grown at an average 4-5 % annual rate over the past three years. A slowdown in discretionary consumer spending or a contraction in construction activity would increase downside risk, while continued growth in “stay-camps” and outdoor tourism could boost top-line growth.

For a deeper quantitative view, the ValueRay platform provides a granular breakdown of RCKY’s valuation metrics and scenario analyses.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 20.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -10.81 > 1.0
NWC/Revenue: 38.51% < 20% (prev 36.69%; Δ 1.82% < -1%)
CFO/TA 0.05 > 3% & CFO 23.1m > Net Income 20.6m
Net Debt (137.9m) to EBITDA (59.6m): 2.31 < 3
Current Ratio: 2.74 > 1.5 & < 3
Outstanding Shares: last quarter (7.51m) vs 12m ago 0.11% < -2%
Gross Margin: 40.98% > 18% (prev 0.39%; Δ 4059 % > 0.5%)
Asset Turnover: 97.07% > 50% (prev 95.09%; Δ 1.98% > 0%)
Interest Coverage Ratio: 2.48 > 6 (EBITDA TTM 59.6m / Interest Expense TTM 20.1m)

Altman Z'' 4.94

A: 0.37 (Total Current Assets 285.2m - Total Current Liabilities 104.2m) / Total Assets 494.0m
B: 0.35 (Retained Earnings 170.6m / Total Assets 494.0m)
C: 0.10 (EBIT TTM 49.8m / Avg Total Assets 484.5m)
D: 0.69 (Book Value of Equity 170.6m / Total Liabilities 247.9m)
Altman-Z'' Score: 4.94 = AAA

Beneish M -3.07

DSRI: 1.03 (Receivables 82.7m/77.3m, Revenue 470.3m/451.7m)
GMI: 0.95 (GM 40.98% / 39.09%)
AQI: 0.92 (AQ_t 0.31 / AQ_t-1 0.34)
SGI: 1.04 (Revenue 470.3m / 451.7m)
TATA: -0.01 (NI 20.6m - CFO 23.1m) / TA 494.0m)
Beneish M-Score: -3.07 (Cap -4..+1) = AA

What is the price of RCKY shares?

As of February 07, 2026, the stock is trading at USD 33.34 with a total of 22,680 shares traded.
Over the past week, the price has changed by +3.57%, over one month by +14.73%, over three months by +12.34% and over the past year by +41.69%.

Is RCKY a buy, sell or hold?

Rocky Brands has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold RCKY.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the RCKY price?

Issuer Target Up/Down from current
Wallstreet Target Price 42 26%
Analysts Target Price 42 26%
ValueRay Target Price 37.8 13.3%

RCKY Fundamental Data Overview February 03, 2026

P/E Trailing = 11.7482
P/S = 0.5129
P/B = 0.9771
P/EG = 1.62
Revenue TTM = 470.3m USD
EBIT TTM = 49.8m USD
EBITDA TTM = 59.6m USD
Long Term Debt = 130.7m USD (from longTermDebt, last quarter)
Short Term Debt = 8.36m USD (from shortTermDebt, last quarter)
Debt = 141.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 137.9m USD (from netDebt column, last quarter)
Enterprise Value = 379.1m USD (241.2m + Debt 141.2m - CCE 3.32m)
Interest Coverage Ratio = 2.48 (Ebit TTM 49.8m / Interest Expense TTM 20.1m)
EV/FCF = 23.84x (Enterprise Value 379.1m / FCF TTM 15.9m)
FCF Yield = 4.19% (FCF TTM 15.9m / Enterprise Value 379.1m)
FCF Margin = 3.38% (FCF TTM 15.9m / Revenue TTM 470.3m)
Net Margin = 4.37% (Net Income TTM 20.6m / Revenue TTM 470.3m)
Gross Margin = 40.98% ((Revenue TTM 470.3m - Cost of Revenue TTM 277.6m) / Revenue TTM)
Gross Margin QoQ = 40.21% (prev 40.97%)
Tobins Q-Ratio = 0.77 (Enterprise Value 379.1m / Total Assets 494.0m)
Interest Expense / Debt = 8.65% (Interest Expense 12.2m / Debt 141.2m)
Taxrate = 21.96% (2.03m / 9.24m)
NOPAT = 38.9m (EBIT 49.8m * (1 - 21.96%))
Current Ratio = 2.74 (Total Current Assets 285.2m / Total Current Liabilities 104.2m)
Debt / Equity = 0.57 (Debt 141.2m / totalStockholderEquity, last quarter 246.1m)
Debt / EBITDA = 2.31 (Net Debt 137.9m / EBITDA 59.6m)
Debt / FCF = 8.67 (Net Debt 137.9m / FCF TTM 15.9m)
Total Stockholder Equity = 238.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.24% (Net Income 20.6m / Total Assets 494.0m)
RoE = 8.63% (Net Income TTM 20.6m / Total Stockholder Equity 238.4m)
RoCE = 13.50% (EBIT 49.8m / Capital Employed (Equity 238.4m + L.T.Debt 130.7m))
RoIC = 10.49% (NOPAT 38.9m / Invested Capital 370.6m)
WACC = 8.81% (E(241.2m)/V(382.4m) * Re(10.02%) + D(141.2m)/V(382.4m) * Rd(8.65%) * (1-Tc(0.22)))
Discount Rate = 10.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.71%
[DCF Debug] Terminal Value 66.61% ; FCFF base≈36.2m ; Y1≈23.8m ; Y5≈10.8m
Fair Price DCF = 6.38 (EV 185.7m - Net Debt 137.9m = Equity 47.8m / Shares 7.49m; r=8.81% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -5.89 | EPS CAGR: -28.43% | SUE: -1.93 | # QB: 0
Revenue Correlation: -69.29 | Revenue CAGR: -8.28% | SUE: -0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.45 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=3.11 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+11.1% | Growth Revenue=+4.3%

Additional Sources for RCKY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle