Steven Madden (SHOO) Operating Margin (2010 - 2026)

Steven Madden (SHOO) posted quarterly Operating Margin of 5.9% for Q2 2026, up 1311.0% year-over-year from 0.42% in Q2 2025, and down 60.94% on a QoQ basis from 15.12% in Q1 2026.

Steven Madden (SHOO) Operating Margin (2010 - 2026) Analysis & Trends

Steven Madden has reported Operating Margin for 17 years, with the latest figure at 5.9% in Q2 2026.

  • Operating Margin for Q2 2026 came in at 5.9%, up 1311.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.5% (up 170.0% YoY), and the FY2025 annual result was 3.19%, down 667.0% from the prior year.
  • Operating Margin fell to 5.9% in Q2 2026, from 15.12% in the prior quarter.
  • Over five years, Operating Margin peaked at 17.49% in Q1 2022 and troughed at 7.2% in Q2 2025.
  • A 5-year average of 9.28% and a median of 9.78% in 2023 frame the typical range for Operating Margin.
  • The widest annual swing landed in 2025, when Operating Margin sank 1615 bps; it then surged 1311 bps in 2026.
  • A 5-year view of Operating Margin shows it stood at 8.45% in 2022, then fell by 9 bps to 7.68% in 2023, then climbed by 4 bps to 8.03% in 2024, then slumped by 40 bps to 4.8% in 2025, then advanced by 23 bps to 5.9% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 5.9% in Q2 2026, 15.12% in Q1 2026, and 4.8% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nike 60.40 Bn 51.38 Bn 5.39 Bn 11.95%
2 Deckers Outdoor 13.25 Bn 11.34 Bn - -
3 Birkenstock Holding 7.23 Bn 6.43 Bn 493.89 Mn 28.22%
4 Crocs 6.34 Bn 6.17 Bn 700.71 Mn 24.22%
5 Steven Madden 3.45 Bn 3.39 Bn 309.66 Mn 5.90%
6 Wolverine World Wide 1.71 Bn 1.57 Bn 235.30 Mn 9.34%
7 Weyco 432.28 Mn 336.81 Mn 43.78 Mn 27.36%
8 Rocky Brands 355.90 Mn 353.27 Mn 60.80 Mn 16.63%
9 Fossil 329.23 Mn 234.38 Mn 130.79 Mn 1.53%
10 Forward Industries 314.59 Mn 314.59 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 5.90%
Mar 31, 2026 15.20%
Dec 31, 2025 4.88%
Sep 30, 2025 4.70%
Jun 30, 2025 -7.24%
Mar 31, 2025 9.70%
Dec 31, 2024 8.18%
Sep 30, 2024 12.01%
Jun 30, 2024 8.98%
Mar 31, 2024 10.31%
Dec 31, 2023 7.68%
Sep 30, 2023 15.05%
Jun 30, 2023 9.89%
Mar 31, 2023 10.07%
Dec 31, 2022 8.45%
Sep 30, 2022 14.24%
Jun 30, 2022 12.19%
Mar 31, 2022 17.56%
Dec 31, 2021 13.52%
Sep 30, 2021 16.84%