Steven Madden (SHOO) Operating Margin (2011 - 2026)
Steven Madden's Operating Margin came in at 5.90% for Q2 2026, up 13.11 percentage points from -7.20% a year earlier but down 9.21 percentage points from the prior quarter.
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Analysis
Steven Madden (SHOO) Operating Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Steven Madden reported Operating Margin of 7.50%, up 1.70 percentage points year-over-year; for FY2025, it came in at 3.19%, down 6.67 percentage points from FY2024.
- Operating Margin has declined in each of the last three years, though with a five-year change of +5.82 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 9.85% in FY2024 (-0.91 pp), 10.76% in FY2023 (-2.51 pp), 13.27% in FY2022 (+0.22 pp) and 13.05% in FY2021 (+15.68 pp).
- The five-year range for quarterly Operating Margin is -7.20% (Q2 2025) to 17.49% (Q1 2022).
- Year-over-year, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -1.42 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2021 (a gain of 17.59 percentage points), and the weakest in Q2 2025 (a drop of 16.15 percentage points).
- Business Quant data shows SHOO's Operating Margin at 15.12% (Q1 2026), 4.80% (Q4 2025) and 4.70% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.94 Bn | 19.93 Bn | 5.39 Bn | 11.95% |
| 2 | Tapestry | 22.74 Bn | 18.69 Bn | 1.56 Bn | 23.57% |
| 3 | Ralph Lauren | 21.47 Bn | 13.57 Bn | 1.44 Bn | 17.47% |
| 4 | Deckers Outdoor | 11.15 Bn | 4.02 Bn | - | - |
| 5 | Lululemon Athletica | 10.72 Bn | 4.97 Bn | 1.46 Bn | 18.78% |
| 6 | Levi Strauss | 7.64 Bn | 4.29 Bn | 979.10 Mn | 7.82% |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 11.12% |
| 8 | Birkenstock Holding | 6.06 Bn | 4.37 Bn | 493.89 Mn | 28.22% |
| 9 | Crocs | 5.89 Bn | 5.30 Bn | 700.71 Mn | 24.22% |
| 10 | Steven Madden | 3.29 Bn | 2.92 Bn | 309.66 Mn | 5.90% |
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% |
API Access
Steven Madden Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SHOO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SHOO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SHOO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();