Steven Madden (SHOO) Operating Margin (2011 - 2026)
Steven Madden's (SHOO) quarterly Operating Margin came in at 5.9% in Q2 2026, up 1311.0% on a YoY basis from 0.42% in Q2 2025, and down 60.94% quarter-over-quarter from 15.12% in Q1 2026.
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Steven Madden (SHOO) Operating Margin (2011 - 2026) Analysis & Trends
Steven Madden (SHOO) has reported Operating Margin for 16 consecutive years, with 5.9% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 1311.0% year-over-year to 5.9%; the trailing twelve-month figure through Jun 2026 stood at 7.5% (up 170.0% YoY), and the FY2025 full-year result was 3.19%, down 667.0% from the prior year.
- Operating Margin fell to 5.9% in Q2 2026 per SHOO's latest filing, from 15.12% in the prior quarter.
- Across five years, Operating Margin topped out at 17.49% in Q1 2022 and bottomed at 7.2% in Q2 2025.
- Historically, Operating Margin has averaged 9.28% across 5 years, with a median of 9.78% in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Margin tumbled 1615 bps in 2025, then soared 1311 bps in 2026.
- Over 5 years, Operating Margin stood at 8.45% in 2022, then decreased by 9 bps to 7.68% in 2023, then increased by 4 bps to 8.03% in 2024, then slumped by 40 bps to 4.8% in 2025, then grew by 23 bps to 5.9% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.9%, 15.12%, and 4.8% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 55.33 Bn | 46.30 Bn | 5.39 Bn | 11.95% |
| 2 | Deckers Outdoor | 11.58 Bn | 9.67 Bn | - | - |
| 3 | Birkenstock Holding | 5.88 Bn | 5.07 Bn | 493.89 Mn | 28.22% |
| 4 | Crocs | 5.46 Bn | 5.29 Bn | 700.71 Mn | 24.22% |
| 5 | Steven Madden | 3.10 Bn | 3.01 Bn | 309.66 Mn | 5.90% |
| 6 | Wolverine World Wide | 1.61 Bn | 1.45 Bn | 235.30 Mn | 9.34% |
| 7 | Weyco | 420.06 Mn | 324.59 Mn | 43.78 Mn | 27.36% |
| 8 | Caleres | 400.74 Mn | 363.00 Mn | 315.47 Mn | 3.58% |
| 9 | Rocky Brands | 325.21 Mn | 322.59 Mn | 60.80 Mn | 16.63% |
| 10 | Smartbird | 22.82 Mn | -15.07 Mn | 6.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.90% |
| Mar 31, 2026 | 15.12% |
| Dec 31, 2025 | 4.80% |
| Sep 30, 2025 | 4.70% |
| Jun 30, 2025 | -7.20% |
| Mar 31, 2025 | 9.66% |
| Dec 31, 2024 | 8.03% |
| Sep 30, 2024 | 11.94% |
| Jun 30, 2024 | 8.95% |
| Mar 31, 2024 | 10.27% |
| Dec 31, 2023 | 7.68% |
| Sep 30, 2023 | 14.97% |
| Jun 30, 2023 | 9.89% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 8.45% |
| Sep 30, 2022 | 14.15% |
| Jun 30, 2022 | 12.19% |
| Mar 31, 2022 | 17.49% |
| Dec 31, 2021 | 13.73% |
| Sep 30, 2021 | 16.72% |