The Buckle, Inc. (BKE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$0.81	$0.87	+7.4%	—	$319.8M	—
Q1 27	$0.74	$0.92	+24.3%	—	$288.7M	—
Q4 26	$1.51	$1.59	+5.3%	—	$399.1M	—
Q3 26	$0.95	$0.96	+1.1%	—	$320.8M	—
Q2 26	$0.83	$0.89	+7.2%	—	$305.7M	—
Q1 26	$0.69	$0.7	+1.4%	—	$272.1M	—
Q4 25	$1.44	$1.53	+6.3%	—	$379.2M	—
Q3 25	$0.9	$0.88	-2.2%	—	$293.6M	—
Q2 25	$0.83	$0.78	-6.0%	—	$282.4M	—
Q1 25	$0.74	$0.69	-6.8%	—	$262.5M	—
Q4 24	$1.44	$1.59	+10.4%	—	$382.4M	—
Q3 24	$0.95	$1.04	+9.5%	—	$303.5M	—
Q2 24	$0.81	$0.92	+13.6%	—	$292.4M	—
Q1 24	$0.92	$0.86	-6.5%	—	$282.8M	—
Q4 23	$1.56	$1.76	+12.8%	—	$401.8M	—
Q3 23	$1.19	$1.24	+4.2%	—	$332.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$4.17	—	—	$1.3B	—
FY25	—	$3.92	—	—	$1.2B	—
FY24	—	$4.44	—	—	$1.3B	—
FY23	—	$5.17	—	—	$1.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$974.9M	$913.4M	$885.5M	$900.3M	$901.3M	$1.3B	$1.3B	$1.3B	$1.2B	$1.3B
YoY change	-12.9%	-6.31%	-3.05%	+1.67%	+0.11%	+43.6%	+3.91%	-6.25%	-3.44%	+6.58%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	974.9M	913.4M	885.5M	900.3M	901.3M	1.3B	1.3B	1.3B	1.2B	1.3B
Cost of revenue	577.7M	533.4M	519.4M	522.8M	500.6M	641.6M	669.2M	642M	624.9M	662M
Gross profit	397.2M	380M	366.1M	377.5M	400.7M	653M	676M	619.1M	592.8M	635.9M
Gross margin	40.7%	41.6%	41.3%	41.9%	44.5%	50.4%	50.3%	49.1%	48.7%	49%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	244.4M	245.9M	245.1M	246M	232.6M	317.5M	347.9M	348M	351.4M	374.4M
Operating expenses	244.4M	245.9M	245.1M	246M	232.6M	317.5M	347.9M	348M	351.4M	374.4M
Operating income	152.8M	134.1M	120.9M	131.5M	168M	335.5M	328.1M	271.1M	241.4M	261.4M
Operating margin	15.7%	14.7%	13.7%	14.6%	18.6%	25.9%	24.4%	21.5%	19.8%	20.1%
Non-operating income, net	3.5M	5.4M	5.7M	6.2M	2.9M	2.3M	6.9M	18.2M	16.4M	14.7M
Pretax income	156.3M	139.5M	126.6M	137.7M	170.9M	337.8M	335.1M	289.2M	257.8M	276.1M
Income tax	58.3M	49.8M	31M	33.3M	40.8M	82.9M	80.4M	69.3M	62.3M	66.4M
Net income	98M	89.7M	95.6M	104.4M	130.1M	254.8M	254.6M	219.9M	195.5M	209.7M
Net margin	10%	9.82%	10.8%	11.6%	14.4%	19.7%	18.9%	17.4%	16.1%	16.2%
EBITDA	185.5M	164.8M	147.8M	155.3M	188.9M	354.2M	347M	291.9M	264.4M	286.9M
EPS	2.04	1.86	1.97	2.15	2.67	5.2	5.17	4.44	3.92	4.17
Diluted EPS	2.03	1.85	1.97	2.14	2.66	5.16	5.13	4.4	3.89	4.14

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	303.5M	382.4M	262.5M	282.4M	293.6M	379.2M	272.1M	305.7M	320.8M	399.1M	288.7M	319.8M
Cost of revenue	156.2M	182.2M	141.8M	149.9M	153.5M	179.7M	145.1M	160.7M	166.9M	189.2M	155.3M	166.8M
Gross profit	147.2M	200.2M	120.7M	132.5M	140.1M	199.5M	127M	145M	153.9M	210M	133.5M	153M
Gross margin	48.5%	52.4%	46%	46.9%	47.7%	52.6%	46.7%	47.4%	48%	52.6%	46.2%	47.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	83.2M	103.7M	78.3M	84.3M	85.6M	103.3M	83.4M	88.7M	93M	109.3M	74M	97.2M
Operating expenses	83.2M	103.7M	78.3M	84.3M	85.6M	103.3M	83.4M	88.7M	93M	109.3M	74M	97.2M
Operating income	64.1M	96.5M	42.4M	48.3M	54.5M	96.2M	43.5M	56.3M	60.9M	100.6M	59.5M	55.8M
Operating margin	21.1%	25.2%	16.2%	17.1%	18.6%	25.4%	16%	18.4%	19%	25.2%	20.6%	17.4%
Non-operating income, net	4.5M	6.8M	3.8M	3.7M	4M	4.9M	3.1M	3.3M	3.6M	4.7M	2.6M	3M
Pretax income	68.6M	103.3M	46.1M	52M	58.5M	101.1M	46.6M	59.6M	64.5M	105.4M	62.1M	58.8M
Income tax	16.8M	23.8M	11.3M	12.7M	14.3M	23.9M	11.4M	14.6M	15.8M	24.5M	15.2M	14.4M
Net income	51.8M	79.6M	34.8M	39.3M	44.2M	77.2M	35.2M	45M	48.7M	80.8M	46.9M	44.4M
Net margin	17.1%	20.8%	13.3%	13.9%	15%	20.4%	12.9%	14.7%	15.2%	20.3%	16.2%	13.9%
EBITDA	69M	102.5M	47.8M	53.9M	60M	102.6M	49.4M	62.5M	67.1M	107.9M	65.9M	62.8M
EPS	1.05	1.6	0.7	0.79	0.89	1.54	0.7	0.9	0.97	1.6	0.93	0.88
Diluted EPS	1.04	1.59	0.69	0.78	0.88	1.53	0.7	0.89	0.96	1.59	0.92	0.87

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1B	967.4M	840.9M	1.2B	1.9B	1.8B	2.2B	1.8B	2.4B	2.4B	2.2B
Enterprise value	771.3M	751.5M	620.9M	1.3B	1.9B	1.9B	2.2B	1.9B	2.4B	2.5B	2.3B
Shares outstanding	48.1M	48.3M	48.4M	48.6M	48.8M	49M	49.3M	49.6M	49.9M	50.3M	50.3M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	10.4	10.8	8.8	11.4	14.7	7.24	8.51	8.38	12.2	11.3	9.79
P/S	1.04	1.06	0.95	1.32	2.13	1.42	1.61	1.46	1.95	1.83	1.65
P/B	2.36	2.47	2.14	3.05	4.83	5.89	5.76	4.46	5.61	5.6	4.4
EV/EBITDA	4.16	4.56	4.2	8.57	10.1	5.27	6.34	6.4	9.13	8.67	7.49
EV/Sales	0.79	0.82	0.7	1.48	2.11	1.44	1.63	1.48	1.98	1.92	1.71
Earnings yield	9.62%	9.27%	11.4%	8.81%	6.79%	13.8%	11.7%	11.9%	8.22%	8.82%	10.2%
FCF yield	11.5%	11%	11.7%	10.4%	11.5%	15.9%	9.78%	11.8%	8.4%	8.65%	5.91%
PEG	—	—	—	—	—	—	—	—	—	—	-4.4

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	40.7%	41.6%	41.3%	41.9%	44.5%	50.4%	50.3%	49.1%	48.7%	49%	47.8%
Operating margin	15.7%	14.7%	13.7%	14.6%	18.6%	25.9%	24.4%	21.5%	19.8%	20.1%	17.4%
Net margin	10%	9.82%	10.8%	11.6%	14.4%	19.7%	18.9%	17.4%	16.1%	16.2%	16.6%
ROE	22.8%	22.9%	24.3%	26.8%	32.8%	81.4%	67.7%	53.2%	46.1%	49.4%	45.8%
ROA	16.9%	16.7%	18.1%	12%	15.4%	32.6%	30.4%	24.7%	21.4%	21.2%	16.3%
ROIC	52%	49.2%	52.5%	18.7%	33.6%	75.7%	61.3%	47%	39.8%	37.2%	33.7%
Return on tangible assets	16.9%	16.7%	18.1%	12%	15.4%	32.6%	30.4%	24.7%	21.4%	21.2%	20.2%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	3.92	3.68	4.11	2.19	2.12	1.57	1.87	2.01	2.05	1.89	2.08
Quick ratio	2.64	2.48	2.72	1.49	1.63	1.16	1.32	1.44	1.49	1.3	1.39
Debt / equity	—	—	0	0.97	0.77	0.92	0.81	0.76	0.77	0.9	0.86
Debt / assets	—	—	0	0.44	0.36	0.37	0.36	0.35	0.36	0.39	0.38
Net debt / EBITDA	—	—	-1.49	0.93	-0.08	0.06	0.09	0.09	0.13	0.38	0.44
Effective tax rate	37.3%	35.7%	24.5%	24.2%	23.9%	24.6%	24%	24%	24.2%	24%	24.1%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	20.3	18.9	18.3	18.5	18.5	26.4	27.3	25.4	24.4	25.8	26.3
EPS (basic)	2.04	1.86	1.97	2.15	2.67	5.2	5.17	4.44	3.92	4.17	4.17
EPS (diluted)	2.03	1.85	1.97	2.14	2.66	5.16	5.13	4.4	3.89	4.14	4.34
Book value per share	8.95	8.11	8.14	8.01	8.14	6.39	7.64	8.33	8.49	8.45	9.66
FCF per share	2.44	2.2	2.04	2.54	4.51	5.97	4.3	4.38	4	4.09	3.75
Cash per share	5.12	4.48	4.54	4.81	6.61	5.45	5.54	5.86	5.82	5.45	5.67
Capex per share	0.65	0.27	0.2	0.15	0.15	0.37	0.62	0.75	0.85	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.22%	1.45%	1.11%	0.81%	0.84%	1.4%	2.26%	2.96%	3.47%	—	—
Capex / operating cash flow	21.7%	10.2%	8.84%	5.46%	3.64%	5.58%	12.3%	14.8%	17.5%	—	—
Payout ratio	86.6%	149.2%	102.2%	108.1%	98.7%	136.5%	79.7%	89.5%	101.3%	107.3%	32.3%
Dividend yield	8.34%	13.8%	11.6%	9.52%	6.7%	18.9%	9.36%	10.7%	8.33%	9.47%	3.24%

Yield

3.24%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.35

ex-dividend Jul 15, 2026

Payout ratio

32%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 15, 2026	$0.35
Apr 15, 2026	$0.35
Jan 15, 2026	$3.35

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	$303.5M	$382.4M	$262.5M	$282.4M	$293.6M	$379.2M	$272.1M	$305.7M	$320.8M	$399.1M	$288.7M	$319.8M
YoY change	-8.69%	-4.83%	-7.2%	-3.43%	-3.24%	-0.83%	+3.67%	+8.27%	+9.27%	+5.26%	+6.11%	+4.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	246.5M	215.9M	220M	233.5M	322.1M	266.9M	273.1M	290.4M	290.7M	274.2M
Receivables	8.2M	8.6M	7.1M	3.1M	2.8M	12.1M	12.6M	8.7M	6.8M	11M
Inventory	125.7M	118M	125.2M	121.3M	101.1M	102.1M	125.1M	126.3M	120.8M	139.5M
Total current assets	386.5M	360.6M	370.4M	378.8M	437.2M	391.2M	423.3M	444.3M	439.2M	447.9M
Property, plant & equipment	126.3M	106.7M	87.4M	420.7M	336.1M	316.7M	341.1M	366.5M	392.2M	458.8M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	579.8M	538.1M	527.3M	867.9M	845.8M	780.9M	837.6M	889.8M	913.2M	991.3M
Accounts payable	25.1M	29.4M	29M	26.5M	43.4M	60M	44.8M	46M	46M	47.7M
Short-term debt	—	—	—	87.3M	81.8M	88.3M	89.2M	85.3M	78.9M	85.9M
Total current liabilities	98.6M	97.9M	90.2M	172.6M	206.4M	248.5M	226M	221.5M	213.9M	236.7M
Long-term debt	—	—	0	290.2M	224.5M	200.1M	214.6M	230.1M	247.3M	297.9M
Total liabilities	149.3M	146.9M	133.4M	478.7M	449.2M	468M	461.3M	476.6M	489.4M	566.6M
Shareholders' equity	430.5M	391.2M	393.9M	389.1M	396.6M	312.9M	376.3M	413.2M	423.8M	424.6M
Total debt	—	—	0	377.6M	306.3M	288.3M	303.8M	315.4M	326.3M	383.8M
Net debt	—	—	-168.5M	156.6M	-12.5M	34.4M	51.7M	47.2M	59.3M	134.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Cash & short-term investments	335.1M	290.4M	290.5M	309.1M	325.4M	290.7M	291.8M	319.9M	340.1M	274.2M	290M	287.2M
Receivables	10.3M	8.7M	6.1M	7.7M	7.9M	6.8M	7.9M	7.7M	8.2M	11M	7.3M	9.9M
Inventory	152.3M	126.3M	130.7M	131.4M	149.4M	120.8M	132.4M	142.5M	165.8M	139.5M	150.2M	161.4M
Total current assets	508.9M	444.3M	446.8M	469.2M	504.9M	439.2M	455.6M	493.3M	539.1M	447.9M	471M	482.2M
Property, plant & equipment	377.5M	366.5M	132.1M	431.5M	430.7M	392.2M	482.1M	493.5M	495M	458.8M	533.8M	565.7M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	921.2M	889.8M	906.1M	940.3M	976.3M	913.2M	977.3M	1B	1.1B	991.3M	1B	1.1B
Accounts payable	63.3M	46M	54.8M	62.8M	67.7M	46M	63M	72.6M	81.4M	47.7M	60.6M	73.2M
Short-term debt	78.9M	85.3M	83.6M	79.6M	77M	78.9M	83.6M	82.5M	82.9M	85.9M	85.5M	81.8M
Total current liabilities	216.2M	221.5M	205.3M	206.2M	212.8M	213.9M	217.7M	229.6M	244.4M	236.7M	230.7M	231.5M
Long-term debt	208.5M	230.1M	240.2M	248.4M	247.8M	247.3M	286.1M	293.3M	292M	297.9M	325.4M	339.6M
Total liabilities	447.2M	476.6M	472.3M	481.6M	487.9M	489.4M	532.1M	552.5M	567.6M	566.6M	589.9M	605.8M
Shareholders' equity	474M	413.2M	433.8M	458.6M	488.4M	423.8M	445.3M	476.2M	510.7M	424.6M	458.9M	489M
Total debt	287.4M	315.4M	323.9M	328M	324.8M	326.3M	369.7M	375.8M	374.9M	383.8M	410.9M	421.4M
Net debt	-24.3M	47.2M	56.4M	40.7M	22.9M	59.3M	100.8M	78M	58.7M	134.4M	144.7M	156.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	98M	89.7M	95.6M	104.4M	130.1M	254.8M	254.6M	219.9M	195.5M	209.7M
Depreciation & amortization	32.8M	30.7M	26.8M	23.8M	20.9M	18.7M	18.9M	20.8M	23M	25.4M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	9.7M	2.5M	-15.9M	3.3M	51.4M	42.7M	-39.8M	-2.8M	8.1M	-4.7M
Operating cash flow	144.4M	129.2M	111.6M	133.8M	207.6M	325.1M	247.2M	251.7M	241.2M	251.1M
Capital expenditure	-31.3M	-13.2M	-9.9M	-7.3M	-7.5M	-18.1M	-30.4M	-37.3M	-42.3M	—
Investing cash flow	-28.7M	-17.3M	-7.6M	34.8M	-768K	-28.8M	-41.4M	-41.8M	-45.3M	-3.9M
Dividends paid	-84.8M	-133.9M	-97.7M	-112.9M	-128.5M	-347.8M	-202.9M	-196.7M	-198M	-225.1M
Share repurchases	0	0	0	-68K	-372K	0	0	—	—	—
Financing cash flow	-84.8M	-133.9M	-97.7M	-112.9M	-128.8M	-347.8M	-202.9M	-196.7M	-198M	-225.1M
Net change in cash	30.9M	-22M	6.3M	55.7M	78M	-51.5M	2.9M	13.1M	-2.1M	22.1M
Free cash flow	117.2M	106.3M	98.7M	123.3M	219.8M	292.7M	212M	217.4M	199.7M	205.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Net income	—	—	—	—	—	—	—	—	48.7M	80.8M	46.9M	44.4M
Depreciation & amortization	—	—	—	—	—	—	—	—	6.2M	7.2M	6.5M	7M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	-8.2M	15.9M	-28.5M	16.3M
Operating cash flow	—	—	—	—	—	—	—	—	49.4M	112.3M	49.3M	46.7M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	6.8M	11.6M	8.7M	13.4M	6.4M	8.6M	7.8M	9.5M	-2.1M	-2.5M	79K	-217K
Dividends paid	—	—	—	—	—	—	—	—	-17.9M	-171.4M	-18M	-18M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	—	—	—	—	—	—	—	—	-17.9M	-171.4M	-18M	-18M
Net change in cash	6.8M	11.6M	8.7M	13.4M	6.4M	8.6M	7.8M	9.5M	29.4M	-61.6M	31.4M	28.5M
Free cash flow	—	—	—	—	—	—	—	—	38.4M	101.4M	34.7M	16.9M

Date	Ratio
Jan 13, 2014	10241:10000
Oct 31, 2008	3:2
Jan 16, 2007	3:2
Jun 9, 1998	3:2
Apr 25, 1997	2:1

The Buckle, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history