Buckle (BKE) Operating Margin (2009 - 2026)
Buckle's (BKE) quarterly Operating Margin came in at 25.21% in Q1 2026, down 16.0% year-on-year from 30.02% in Q1 2025, and up 32.81% quarter-over-quarter from 18.99% in Q4 2025.
Buckle (BKE) Operating Margin (2009 - 2026) Analysis & Trends
Buckle has disclosed Operating Margin across 18 years of filings, most recently posting 25.21% for Q1 2026.
- Operating Margin for Q1 2026 came in at 25.21%, down 16.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 20.14% (up 32.0% YoY), and the FY2026 annual result was 20.14%, up 32.0% from the prior year.
- Operating Margin came in at 25.21% for Q1 2026 at Buckle, up from 18.99% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.77% in Q1 2022 to a low of 16.0% in Q2 2025.
- The 5-year median for Operating Margin is 21.11% (2023), against an average of 21.53%.
- Across the five-year window, Operating Margin jumped 225 bps in 2022 and plunged 464 bps in 2023, its largest moves.
- Buckle's Operating Margin stood at 23.9% in 2022, then slipped by 12 bps to 21.11% in 2023, then dropped by 12 bps to 18.56% in 2024, then increased by 2 bps to 18.99% in 2025, then surged by 33 bps to 25.21% in 2026.
- The last three Operating Margin figures came in at 25.21% (Q1 2026), 18.99% (Q4 2025), and 18.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 12.27% |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 17.08% |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 22.31% |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 12.73% |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | -17.85% |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 16.27% |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 10.09% |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 14.13% |
| 10 | Buckle | 2.25 Bn | 1.98 Bn | 209.97 Mn | 25.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 25.21% |
| Nov 1, 2025 | 18.99% |
| Aug 2, 2025 | 18.43% |
| May 3, 2025 | 16.00% |
| Feb 1, 2025 | 25.38% |
| Nov 2, 2024 | 18.56% |
| Aug 3, 2024 | 17.09% |
| May 4, 2024 | 16.15% |
| Feb 3, 2024 | 25.24% |
| Oct 28, 2023 | 21.11% |
| Jul 29, 2023 | 19.41% |
| Apr 29, 2023 | 19.00% |
| Jan 28, 2023 | 27.36% |
| Oct 29, 2022 | 23.90% |
| Jul 30, 2022 | 21.76% |
| Apr 30, 2022 | 23.64% |
| Jan 29, 2022 | 28.77% |
| Oct 30, 2021 | 25.74% |
| Jul 31, 2021 | 23.00% |
| May 1, 2021 | 25.34% |