Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $260M | $253M | $253M | $270M | $277M | $514M | $615M | $462M | $454M | $482M |
| Revenue growth | — | -2.7% | -0.2% | 7.0% | 2.6% | 85.4% | 19.7% | -25.0% | -1.7% | 6.2% |
| Gross profit | $76.7M | $80.8M | $87.0M | $97.7M | $105M | $195M | $225M | $179M | $179M | $197M |
| Gross margin | 29.5% | 31.9% | 34.4% | 36.1% | 37.8% | 37.8% | 36.6% | 38.7% | 39.4% | 40.9% |
| Operating income | -$3.06M | $11.8M | $18.1M | $22.1M | $27.2M | $36.0M | $44.0M | $35.4M | $31.1M | $37.2M |
| Operating margin | -1.2% | 4.7% | 7.1% | 8.2% | 9.8% | 7.0% | 7.2% | 7.7% | 6.8% | 7.7% |
| Net income | -$2.14M | $9.59M | $14.6M | $17.5M | $21.0M | $20.6M | $20.5M | $10.4M | $11.4M | $22.3M |
| Net margin | -0.8% | 3.8% | 5.8% | 6.5% | 7.6% | 4.0% | 3.3% | 2.3% | 2.5% | 4.6% |
| EPS (diluted) | -$0.29 | $1.29 | $1.95 | $2.35 | $2.86 | $2.77 | $2.78 | $1.41 | $1.52 | $2.96 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $21.3M | $17.1M | $17.6M | $18.1M | $31.4M | -$54.9M | $19.1M | $73.6M | $52.8M | $16.3M |
| Capital expenditures | $5.91M | $4.31M | $4.24M | $7.72M | $11.7M | $21.1M | $6.70M | $3.92M | $4.66M | $6.58M |
| Free cash flow | $15.4M | $12.8M | $13.3M | $10.4M | $19.7M | -$75.9M | $12.4M | $69.7M | $48.1M | $9.72M |
| Share buybacks | $1.95M | $688K | $1.31M | $1.50M | $2.94M | $0.00 | $0.00 | — | $0.00 | $201K |
| Dividends paid | $3.30M | $3.27M | $3.48M | $3.99M | $4.09M | $4.30M | $4.54M | $4.57M | $4.61M | $4.63M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $4.48M | $3.68M | $10.2M | $15.5M | $28.4M | $5.91M | $5.72M | $4.47M | $3.72M | $2.90M |
| Total assets | $179M | $173M | $185M | $206M | $229M | $625M | $582M | $479M | $457M | $477M |
| Total liabilities | $43.8M | $32.4M | $33.1M | $41.2M | $49.6M | $427M | $367M | $256M | $225M | $225M |
| Long-term debt | $14.6M | $2.20M | — | — | $0.00 | $267M | $254M | $170M | $120M | $114M |
| Shareholders' equity | $135M | $141M | $152M | $165M | $180M | $198M | $215M | $224M | $232M | $252M |
| Retained earnings | — | — | — | $96.7M | $114M | $130M | $146M | $152M | $158M | $176M |
| Shares (wtd avg diluted) | 7.51M | 7.45M | 7.46M | 7.44M | 7.34M | 7.41M | 7.37M | 7.38M | 7.48M | 7.53M |
Every figure is extracted from ROCKY BRANDS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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