Caleres (CAL) Operating Margin (2010 - 2026)
Caleres (CAL) posted quarterly Operating Margin of 3.58% for Q2 2026, up 169.0% year-over-year from 1.33% in Q2 2025, and up 194.02% quarter-over-quarter from 3.81% in Q1 2026.
Caleres (CAL) Operating Margin (2010 - 2026) Analysis & Trends
Caleres (CAL) has reported Operating Margin for 17 consecutive years, with 3.58% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 169.0% year-over-year to 3.58%; the TTM figure through May 2026 stood at 0.66% (down 377.0% YoY), while the FY2026 annual figure was 0.23%, down 527.0% from the prior year.
- Operating Margin rose to 3.58% in Q2 2026 per CAL's latest filing, from 3.81% in the prior quarter.
- Across five years, Operating Margin topped out at 9.27% in Q3 2022 and bottomed at 3.81% in Q1 2026.
- Historically, Operating Margin has averaged 4.94% across 5 years, with a median of 6.34% in 2022.
- Annual changes were most pronounced in 2022 — Operating Margin surged 1615 bps — and 2025, when it sank 614 bps.
- Caleres' Operating Margin stood at 6.75% in 2022, then gained by 25 bps to 8.45% in 2023, then dropped by 9 bps to 7.65% in 2024, then sank by 80 bps to 1.51% in 2025, then jumped by 136 bps to 3.58% in 2026.
- Business Quant data shows CAL's Operating Margin at 3.58% in Q2 2026, 3.81% in Q1 2026, and 1.51% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.24 Bn | 149.66 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 76.02 Bn | 71.89 Bn | 1.78 Bn | 13.38% |
| 3 | Burlington Stores | 20.57 Bn | 19.82 Bn | 1.26 Bn | -50.84% |
| 4 | Lululemon Athletica | 13.93 Bn | 12.42 Bn | 1.34 Bn | 11.21% |
| 5 | Gap | 7.36 Bn | 4.80 Bn | 1.42 Bn | 12.73% |
| 6 | Victoria's Secret | 6.94 Bn | 6.73 Bn | 585.00 Mn | 4.87% |
| 7 | Urban Outfitters | 6.52 Bn | 6.10 Bn | 542.57 Mn | 9.43% |
| 8 | Boot Barn Holdings | 5.02 Bn | 4.87 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.85 Bn | 4.23 Bn | 682.63 Mn | 7.97% |
| 10 | Caleres | 436.78 Mn | 399.04 Mn | 315.47 Mn | 3.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 3.58% |
| Jan 31, 2026 | -3.81% |
| Nov 1, 2025 | 1.51% |
| Aug 2, 2025 | 1.41% |
| May 3, 2025 | 1.89% |
| Feb 1, 2025 | 1.23% |
| Nov 2, 2024 | 7.65% |
| Aug 3, 2024 | 6.22% |
| May 4, 2024 | 6.49% |
| Feb 3, 2024 | 4.41% |
| Oct 28, 2023 | 8.45% |
| Jul 29, 2023 | 7.15% |
| Apr 29, 2023 | 7.48% |
| Jan 28, 2023 | 3.71% |
| Oct 29, 2022 | 6.75% |
| Jul 30, 2022 | 9.27% |
| Apr 30, 2022 | 9.00% |
| Jan 29, 2022 | 6.45% |
| Oct 30, 2021 | 10.37% |
| Jul 31, 2021 | 9.30% |