BUCKLE INC (BKE) has a current P/E ratio of 8.0, compared to its historical median P/E of 6.5. The stock is currently considered Fair based on its historical valuation range.
BUCKLE INC (BKE) has a 5-year average return on invested capital (ROIC) of 112.3%. This indicates strong capital allocation and a potential competitive advantage.
BUCKLE INC (BKE) has a market capitalization of $2.2B. It is classified as a mid-cap stock.
Yes, BUCKLE INC (BKE) pays a dividend with a trailing twelve-month yield of 9.13%.
Based on historical P/E analysis, BUCKLE INC (BKE) appears fair. The current P/E of 8.0 is 24% above its historical median of 6.5. The estimated fair value CAGR (P/E method) is 12.1%.
BUCKLE INC (BKE) operates in the Retail-Family Clothing Stores industry, within the Consumer Cyclical sector.
BUCKLE INC (BKE) reported annual revenue of $1.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
The Buckle, Inc. (the "Company") is a retailer of medium to better-priced casual apparel, footwear, and accessories for fashion-conscious men, women, and kids. As of February 1, 2025, the Company operated 441 retail stores in 42 states throughout the United States under the names "Buckle" and "Buckle Youth." The Company markets a wide selection of mostly brand name casual apparel including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. The Company emphasizes personalized attention to its customers and provides customer services such as free hemming, free gift-packaging, easy layaways, the Buckle private label credit card, and a guest loyalty program. Most stores are located in regional shopping malls and lifestyle centers.
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B |
| Net Income | 202M | 210M | 195M | 220M | 255M | 255M |
| EPS | $3.99 | $4.14 | $3.89 | $4.40 | $5.13 | $5.16 |
| Free Cash Flow | 211M | 206M | 200M | 217M | 212M | 293M |
| ROIC | 121.6% | 129.2% | 131.6% | 166.9% | 66.3% | 67.3% |
| Gross Margin | 48.9% | 49.0% | 48.7% | 49.1% | 50.3% | 50.4% |
| Debt/Equity | 0.00 | 1.33 | 1.15 | 1.15 | 1.23 | 1.23 |
| Dividends/Share | $3.88 | $4.40 | $3.90 | $3.90 | $4.05 | $6.99 |
| Operating Income | 251M | 261M | 241M | 271M | 328M | 335M |
| Operating Margin | 20.0% | 20.1% | 19.8% | 21.5% | 24.4% | 25.9% |
| ROE | 42.3% | 49.4% | 46.7% | 55.7% | 73.9% | 73.9% |
| Shares Outstanding | 51M | 51M | 50M | 50M | 50M | 49M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1.2B | 1.1B | 975M | 913M | 885M | 900M | 901M | 1.3B | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B |
| Gross Margin | 44.0% | 43.0% | 40.7% | 41.6% | 41.3% | 41.9% | 44.5% | 50.4% | 50.3% | 49.1% | 48.7% | 49.0% | 48.9% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 250M | 252M | 244M | 246M | 245M | 246M | 233M | 318M | 348M | 348M | 351M | 374M | 361M |
| EBIT | 257M | 230M | 153M | 134M | 121M | 131M | 168M | 335M | 328M | 271M | 241M | 261M | 251M |
| Op. Margin | 22.3% | 20.5% | 15.7% | 14.7% | 13.7% | 14.6% | 18.6% | 25.9% | 24.4% | 21.5% | 19.8% | 20.1% | 20.0% |
| Net Income | 163M | 147M | 98M | 90M | 96M | 104M | 130M | 255M | 255M | 220M | 195M | 210M | 202M |
| Net Margin | 14.1% | 13.2% | 10.0% | 9.8% | 10.8% | 11.6% | 14.4% | 19.7% | 18.9% | 17.4% | 16.1% | 16.2% | 16.1% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 81.9% | 66.0% | 44.0% | 42.1% | 45.6% | 52.3% | 105.4% | 67.3% | 66.3% | 166.9% | 131.6% | 129.2% | 121.6% |
| ROE | 45.3% | 38.4% | 23.2% | 21.8% | 24.4% | 26.7% | 33.1% | 73.9% | 73.9% | 55.7% | 46.7% | 49.4% | 42.3% |
| ROA | 29.8% | 26.4% | 17.0% | 16.0% | 17.9% | 15.0% | 15.2% | 31.5% | 31.5% | 25.5% | 21.7% | 22.0% | 19.6% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 196M | 159M | 149M | 120M | 109M | 131M | 227M | 312M | 242M | 255M | 242M | 251M | 254M |
| Free Cash Flow | 150M | 125M | 117M | 106M | 99M | 123M | 220M | 293M | 212M | 217M | 200M | 206M | 211M |
| Owner Earnings | 163M | 126M | 111M | 84M | 78M | 103M | 200M | -50M | 212M | 220M | 206M | 210M | -127M |
| CapEx | 45M | 35M | 32M | 13M | 10M | 7.3M | 7.7M | 19M | 30M | 37M | 42M | 45M | 43M |
| Maint. CapEx | 32M | 32M | 33M | 31M | 27M | 24M | 21M | 353M | 19M | 21M | 23M | 25M | 365M |
| Growth CapEx | 14M | 2.4M | 0 | 0 | 0 | 0 | 0 | 0 | 12M | 16M | 19M | 20M | 0 |
| D&A | 32M | 32M | 33M | 31M | 27M | 24M | 21M | 353M | 19M | 21M | 23M | 25M | 365M |
| CapEx/OCF | 23.2% | 21.7% | 21.3% | 11.2% | 9.2% | 5.6% | 3.4% | 6.1% | 12.5% | 14.6% | 17.5% | N/A | 17.1% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 177M | 94M | 85M | 134M | 98M | 113M | 128M | 348M | 203M | 197M | 198M | 225M | 198M |
| Dividend Yield | 24.4% | 13.8% | 18.4% | 37.6% | 19.7% | 22.6% | 22.4% | 27.3% | 16.2% | 13.8% | 10.9% | N/A | 9.1% |
| Share Buybacks | 0 | 3.2M | 0 | 0 | 0 | 68K | 372K | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | 0.7% | N/A | N/A | N/A | 0.0% | 0.0% | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 896K | 774K | 5.3M | 4.9M | 4.3M | 3.8M | 6.2M | 9.3M | 12M | 14M | 13M | 16M | 16M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -320M |
| Cash & Equiv. | 134M | 161M | 197M | 165M | 168M | 221M | 319M | 252M | 252M | 268M | 267M | 249M | 320M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 0.53 | 0.39 | 0.35 | 0.38 | 0.34 | 1.23 | 1.13 | 1.23 | 1.23 | 1.15 | 1.15 | 1.33 | 0.00 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0 | 0.0 |
| Equity | 355M | 413M | 431M | 391M | 394M | 389M | 397M | 376M | 376M | 413M | 424M | 425M | 476M |
| Total Assets | 543M | 573M | 580M | 538M | 527M | 868M | 846M | 838M | 838M | 890M | 913M | 991M | 1.0B |
| Total Liabilities | 188M | 160M | 149M | 147M | 133M | 479M | 449M | 461M | 461M | 477M | 489M | 567M | 552M |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Retained Earnings | 224M | 278M | 291M | 247M | 245M | 236M | 238M | 197M | 197M | 220M | 217M | 202M | 262M |
| Working Capital | 202M | 255M | 288M | 263M | 280M | 206M | 231M | 197M | 197M | 223M | 225M | 211M | 264M |
| Current Assets | 325M | 363M | 386M | 361M | 370M | 379M | 437M | 423M | 423M | 444M | 439M | 448M | 493M |
| Current Liabilities | 122M | 108M | 99M | 98M | 90M | 173M | 206M | 226M | 226M | 221M | 214M | 237M | 230M |
| Per Share Data | |||||||||||||
| EPS | 3.38 | 3.06 | 2.03 | 1.85 | 1.97 | 2.14 | 2.66 | 5.16 | 5.13 | 4.40 | 3.89 | 4.14 | 3.99 |
| Owner EPS | 3.39 | 2.63 | 2.29 | 1.73 | 1.60 | 2.11 | 4.10 | -1.02 | 4.27 | 4.40 | 4.10 | 4.14 | -2.49 |
| Book Value | 7.39 | 8.57 | 8.92 | 8.07 | 8.12 | 7.97 | 8.11 | 7.62 | 7.58 | 8.27 | 8.43 | 8.38 | 9.31 |
| Cash Flow/Share | 4.07 | 3.31 | 3.08 | 2.47 | 2.24 | 2.68 | 4.65 | 6.31 | 4.88 | 5.09 | 4.82 | 4.96 | 11.08 |
| Dividends/Share | 3.66 | 1.94 | 1.75 | 2.75 | 2.00 | 2.30 | 2.60 | 6.99 | 4.05 | 3.90 | 3.90 | 4.40 | 3.88 |
| Shares Out. | 48.1M | 48.1M | 48.3M | 48.5M | 48.5M | 48.8M | 48.9M | 49.4M | 49.6M | 50.0M | 50.2M | 50.7M | 51.2M |
| Valuation | |||||||||||||
| P/E Ratio | 5.1 | 3.3 | 3.9 | 5.2 | 4.4 | 6.5 | 8.9 | 4.9 | 6.5 | 7.0 | 11.3 | N/A | 10.6 |
| P/FCF | 5.5 | 3.9 | 3.3 | 4.4 | 4.3 | 5.5 | 5.3 | 4.3 | 7.8 | 7.1 | 11.1 | N/A | 10.3 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7.4 |
| Price/Book | 2.3 | 1.2 | 0.9 | 1.2 | 1.1 | 1.7 | 2.9 | 4.0 | 4.4 | 3.8 | 5.2 | N/A | 4.6 |
| Price/Sales | 0.6 | 0.6 | 0.5 | 0.4 | 0.6 | 0.6 | 0.6 | 1.0 | 0.9 | 1.1 | 1.5 | N/A | 1.7 |
| FCF Yield | 18.3% | 25.9% | 30.4% | 22.9% | 23.5% | 18.3% | 18.9% | 23.4% | 12.9% | 14.0% | 9.0% | N/A | 9.7% |
| Market Cap | 822M | 481M | 385M | 464M | 421M | 675M | 1.2B | 1.3B | 1.6B | 1.5B | 2.2B | 0 | 2.2B |
| Avg. Price | 15.02 | 14.11 | 9.56 | 7.34 | 10.22 | 10.23 | 11.73 | 25.81 | 25.28 | 28.48 | 36.04 | 0.00 | 42.47 |
| Year-End Price | 17.09 | 9.99 | 7.98 | 9.57 | 8.67 | 13.83 | 23.72 | 25.36 | 33.15 | 31.00 | 44.15 | 0.00 | 42.47 |
BUCKLE INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
BUCKLE INC trades at 8.0x trailing earnings, compared to its 15-year median P/E of 6.5x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 8.2x vs a median of 5.3x. The company's 5-year average ROIC is 112.3% with a gross margin of 49.5%. Total shareholder yield (dividends) is 9.1%. At current prices, the estimated annualized return to fair value is +5.6%.
BUCKLE INC (BKE) has a net profit margin of 16.2%. This is a healthy margin.
BUCKLE INC (BKE) generated $206 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BUCKLE INC (BKE) has a debt-to-equity ratio of 1.33. This indicates moderate leverage.
BUCKLE INC (BKE) reported earnings per share (EPS) of $4.14 in its most recent fiscal year.
BUCKLE INC (BKE) has a return on equity (ROE) of 49.4%. This indicates the company generates strong returns for shareholders.
BUCKLE INC (BKE) has a 5-year average gross margin of 49.5%. This indicates decent pricing power.
The Ledger Terminal provides 17 years of financial data for BUCKLE INC (BKE), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
BUCKLE INC (BKE) has a book value per share of $8.38, based on its most recent annual SEC filing.