Narrative Update • Aug 06

The Footwear is pretty flat in the last 7 days, but On Holding has stood out, gaining 3.6%. As for the longer term, the industry has declined 32% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.
Has the U.S. Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | US$106.9b | US$67.8b | US$5.6b | 17.2x | 19x | 1.6x |
| Mon, 06 Jul 2026 | US$111.4b | US$67.6b | US$4.9b | 20.9x | 22.9x | 1.6x |
| Wed, 03 Jun 2026 | US$115.7b | US$67.8b | US$4.0b | 17.4x | 28.7x | 1.7x |
| Fri, 01 May 2026 | US$108.2b | US$67.5b | US$4.0b | 15.5x | 27.1x | 1.6x |
| Sun, 29 Mar 2026 | US$114.5b | US$67.3b | US$4.3b | 14.5x | 26.9x | 1.7x |
| Tue, 24 Feb 2026 | US$147.5b | US$67.1b | US$4.3b | 16.2x | 34.2x | 2.2x |
| Thu, 22 Jan 2026 | US$139.4b | US$66.9b | US$4.5b | 18x | 31x | 2.1x |
| Sat, 20 Dec 2025 | US$145.1b | US$66.9b | US$4.5b | 19.2x | 32.2x | 2.2x |
| Mon, 17 Nov 2025 | US$136.4b | US$66.7b | US$4.8b | 20.7x | 28.3x | 2x |
| Wed, 15 Oct 2025 | US$145.4b | US$66.3b | US$4.8b | 22x | 30.5x | 2.2x |
| Fri, 12 Sep 2025 | US$168.2b | US$75.7b | US$5.8b | 21.4x | 29.2x | 2.2x |
| Sun, 10 Aug 2025 | US$166.3b | US$75.3b | US$5.8b | 18.8x | 28.8x | 2.2x |
| Tue, 08 Jul 2025 | US$174.5b | US$74.8b | US$6.5b | 15.6x | 26.8x | 2.3x |
| Thu, 05 Jun 2025 | US$155.4b | US$76.2b | US$7.8b | 15.5x | 20x | 2x |
| Sat, 03 May 2025 | US$141.0b | US$75.7b | US$7.7b | 15.3x | 18.3x | 1.9x |
| Mon, 31 Mar 2025 | US$151.2b | US$75.3b | US$7.7b | 15.6x | 19.7x | 2x |
| Wed, 26 Feb 2025 | US$184.9b | US$76.1b | US$7.9b | 19.5x | 23.4x | 2.4x |
| Fri, 24 Jan 2025 | US$194.2b | US$75.5b | US$7.6b | 18.2x | 25.7x | 2.6x |
| Sun, 22 Dec 2024 | US$198.3b | US$75.5b | US$7.6b | 18.1x | 26.2x | 2.6x |
| Tue, 19 Nov 2024 | US$186.1b | US$76.5b | US$7.9b | 18.1x | 23.6x | 2.4x |
| Thu, 17 Oct 2024 | US$195.1b | US$75.9b | US$7.8b | 19.7x | 25.1x | 2.6x |
| Sat, 14 Sep 2024 | US$188.1b | US$77.3b | US$8.2b | 18.4x | 23x | 2.4x |
| Mon, 12 Aug 2024 | US$179.8b | US$77.0b | US$8.1b | 17.4x | 22.1x | 2.3x |
| Wed, 10 Jul 2024 | US$181.0b | US$76.7b | US$8.1b | 18.5x | 22.4x | 2.4x |
| Fri, 07 Jun 2024 | US$219.3b | US$77.0b | US$7.6b | 21.1x | 28.8x | 2.8x |
| Sun, 05 May 2024 | US$202.0b | US$76.7b | US$7.5b | 19.5x | 26.9x | 2.6x |
| Tue, 02 Apr 2024 | US$209.2b | US$76.4b | US$7.5b | 19.5x | 28x | 2.7x |
| Thu, 29 Feb 2024 | US$223.5b | US$76.2b | US$7.6b | 21.5x | 29.6x | 2.9x |
| Sat, 27 Jan 2024 | US$209.4b | US$76.1b | US$7.1b | 19.8x | 29.7x | 2.8x |
| Mon, 25 Dec 2023 | US$219.9b | US$76.1b | US$7.2b | 21.7x | 30.8x | 2.9x |
| Wed, 22 Nov 2023 | US$211.4b | US$75.9b | US$6.9b | 18.6x | 30.6x | 2.8x |
| Fri, 20 Oct 2023 | US$201.5b | US$75.5b | US$6.7b | 15.9x | 29.9x | 2.7x |
| Sun, 17 Sep 2023 | US$186.8b | US$73.7b | US$6.6b | 15x | 28.4x | 2.5x |
| Tue, 15 Aug 2023 | US$208.4b | US$73.6b | US$6.6b | 16.7x | 31.4x | 2.8x |
31.4x
How does U.S. Footwear compare with similar industries?
| US Market | 4.05% | |
| Consumer Discretionary | 2.75% | |
| Luxury | 2.48% | |
| Footwear | 0.93% | |
| Textiles | 7.62% | |
| Apparel, Accessories and Luxury Goods | 3.75% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ONON On Holding | US$37.55 | 3.6% +US$433.6m | -17.8% | PE40.1x | |
| CROX Crocs | US$136.62 | 6.7% +US$412.8m | 81.6% | PE11x | |
| SHOO Steven Madden | US$48.58 | 5.4% +US$182.9m | 91.0% | PE24.8x | |
| DECK Deckers Outdoor | US$97.46 | 0.6% +US$79.0m | -4.2% | PE13.1x | |
| RCKY Rocky Brands | US$49.23 | 0.8% +US$3.1m | 85.3% | PE12.8x |