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U.S. Footwear Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies13
  • 7D1.2%
  • 3M9.4%
  • 1Y-13.8%
  • YTDn/a

Last week, the Footwear industry hasn't moved much but Deckers Outdoor is up 11% in that time. As for the longer term, the industry has declined 19% in the last year. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the U.S. Footwear Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026US$138.5bUS$67.1bUS$4.5b17.5x30.5x2.1x
Mon, 05 Jan 2026US$142.0bUS$66.9bUS$4.5b18.8x31.6x2.1x
Wed, 03 Dec 2025US$141.7bUS$66.7bUS$4.8b21.9x29.4x2.1x
Fri, 31 Oct 2025US$138.5bUS$66.5bUS$4.8b20.8x28.9x2.1x
Sun, 28 Sep 2025US$149.7bUS$66.2bUS$5.1b23x29.4x2.3x
Tue, 26 Aug 2025US$177.4bUS$75.6bUS$5.8b21.1x30.8x2.3x
Thu, 24 Jul 2025US$172.1bUS$74.8bUS$6.5b15.8x26.4x2.3x
Sat, 21 Jun 2025US$147.8bUS$76.2bUS$7.8b15.2x19x1.9x
Mon, 19 May 2025US$162.1bUS$76.0bUS$7.7b17x20.9x2.1x
Wed, 16 Apr 2025US$136.2bUS$75.5bUS$7.7b14x17.6x1.8x
Fri, 14 Mar 2025US$168.5bUS$76.4bUS$8.1b16x20.9x2.2x
Sun, 09 Feb 2025US$175.8bUS$76.0bUS$7.6b15.7x23x2.3x
Tue, 07 Jan 2025US$190.7bUS$75.5bUS$7.6b17.8x25.2x2.5x
Thu, 05 Dec 2024US$199.6bUS$76.5bUS$7.9b19.4x25.3x2.6x
Sat, 02 Nov 2024US$183.7bUS$76.4bUS$7.9b18.1x23.2x2.4x
Mon, 30 Sep 2024US$208.4bUS$77.4bUS$8.2b19.7x25.4x2.7x
Wed, 28 Aug 2024US$200.7bUS$77.3bUS$8.2b18.4x24.5x2.6x
Fri, 26 Jul 2024US$173.9bUS$76.7bUS$8.1b18.9x21.5x2.3x
Sun, 23 Jun 2024US$221.1bUS$76.9bUS$7.6b20.2x29.1x2.9x
Tue, 21 May 2024US$206.6bUS$76.6bUS$7.5b21.1x27.4x2.7x
Thu, 18 Apr 2024US$202.8bUS$76.3bUS$7.5b18.9x27.2x2.7x
Sat, 16 Mar 2024US$216.3bUS$76.4bUS$7.5b18x28.7x2.8x
Mon, 12 Feb 2024US$218.3bUS$76.4bUS$7.2b20.4x30.4x2.9x
Wed, 10 Jan 2024US$211.1bUS$76.1bUS$7.1b19x29.5x2.8x
Fri, 08 Dec 2023US$231.6bUS$75.9bUS$6.9b21.2x33.6x3x
Sun, 05 Nov 2023US$211.2bUS$75.9bUS$6.9b15.9x30.7x2.8x
Tue, 03 Oct 2023US$185.1bUS$73.9bUS$6.6b15.3x28.2x2.5x
Thu, 31 Aug 2023US$196.4bUS$73.7bUS$6.6b16.1x29.8x2.7x
Sat, 29 Jul 2023US$207.8bUS$73.9bUS$6.8b16.3x30.8x2.8x
Mon, 26 Jun 2023US$209.4bUS$72.9bUS$7.0b16.1x29.8x2.9x
Wed, 24 May 2023US$206.0bUS$72.6bUS$7.0b16.3x29.5x2.8x
Fri, 21 Apr 2023US$235.3bUS$72.4bUS$6.9b18.7x34.1x3.2x
Sun, 19 Mar 2023US$223.2bUS$70.7bUS$6.9b13.7x32.4x3.2x
Tue, 14 Feb 2023US$231.0bUS$70.4bUS$7.3b12x31.6x3.3x
Price to Earnings Ratio

31.6x


Total Market Cap: US$231.0bTotal Earnings: US$7.3bTotal Revenue: US$70.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Footwear Industry Price to Earnings3Y Average 27.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Footwear industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.3x which is higher than its 3-year average PE of 27.5x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Footwear industry have declined 15% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Footwear compare with similar industries?

US Market-0.12%
Consumer Discretionary-4.23%
Luxury3.27%
Footwear1.22%
Apparel, Accessories and Luxury Goods5.57%
Textiles2.05%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NKE NIKEUS$63.923.4%
+US$3.1b		-6.9%PE37.5x
BIRK Birkenstock HoldingUS$38.451.8%
+US$126.9m		-30.8%PE17.2x
CROX CrocsUS$85.812.3%
+US$98.1m		-8.1%PE24.4x
WWW Wolverine World WideUS$18.594.9%
+US$71.3m		-11.2%PE17.5x
RCKY Rocky BrandsUS$33.343.6%
+US$8.6m		41.9%PE12.1x

Latest News

SHOO
US$35.71
Steven Madden
7D
-18.6%
1Y
-4.0%
ONON
US$43.47
On Holding
7D
-3.9%
1Y
-22.9%

ONON: Beat And Raise Momentum Will Support Future Margin Expansion

Analysts now peg their fair value target for On Holding at about US$62.48, a small move from roughly US$62.32, as they balance recent target hikes tied to strong Q3 execution and margin views with more cautious calls that flag slower wholesale growth, higher direct to consumer costs, and a modest reset to future P/E assumptions. Analyst Commentary Street research on On Holding over the past few months shows a split tape, with several firms lifting price targets after what they describe as strong Q3 execution and a higher margin outlook, while others trim targets or ratings as they reassess wholesale growth and spending on direct to consumer.
WWW
US$18.59
Wolverine World Wide
7D
4.9%
1Y
-11.2%
NKE
US$63.92
NIKE
7D
3.4%
1Y
-6.9%

NKE: Margin Pressures And Cost Cuts Will Restrain Upside Potential

Analysts have trimmed their price targets on NIKE, with the updated fair value estimate moving from about US$46.17 to US$42.94 as they factor in a higher discount rate, slightly lower profit margin assumptions, and a higher future P/E multiple, alongside recent target cuts from several research firms. Analyst Commentary Recent Street research has tilted more cautious on NIKE, with several bearish analysts trimming price targets and one downgrade to Hold.
DECK
US$115.45
Deckers Outdoor
7D
-3.3%
1Y
-31.4%
BIRD
US$3.51
Allbirds
7D
-10.2%
1Y
-48.6%
CROX
US$85.81
Crocs
7D
2.3%
1Y
-8.1%

CROX: Mixed Ratings And Promotion Reset Will Guide Fairly Valued Shares

Narrative update on Crocs The analyst price target for Crocs has been reset lower from $100 to $89.75, as analysts balance softer projected revenue growth and profit margins with mixed rating changes and ongoing promotional and growth initiatives that they see as supportive for the business over the longer term. Analyst Commentary Recent Street research on Crocs paints a mixed picture, with some analysts becoming more cautious while others move from an outright negative stance to a more balanced view.
BIRK
US$38.45
Birkenstock Holding
7D
1.8%
1Y
-30.8%
RCKY
US$33.34
Rocky Brands
7D
3.6%
1Y
41.9%