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U.S. Footwear Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies13
  • 7D-2.5%
  • 3M-8.9%
  • 1Y-20.3%
  • YTDn/a

Over the last 7 days, the Footwear industry has dropped 2.5%, driven by a pullback from NIKE of 3.8%. The industry has fallen 20% in the last year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026US$118.2bUS$67.4bUS$4.3b14.7x27.7x1.8x
Thu, 19 Feb 2026US$145.5bUS$67.1bUS$4.3b17.3x33.8x2.2x
Sat, 17 Jan 2026US$143.1bUS$66.8bUS$4.5b18.1x31.8x2.1x
Mon, 15 Dec 2025US$148.8bUS$66.7bUS$4.8b23.2x30.9x2.2x
Wed, 12 Nov 2025US$128.4bUS$66.5bUS$4.7b20.3x27.2x1.9x
Fri, 10 Oct 2025US$148.9bUS$66.3bUS$4.8b22.6x31.3x2.2x
Sun, 07 Sep 2025US$173.5bUS$75.7bUS$5.8b22.1x30.1x2.3x
Tue, 05 Aug 2025US$168.5bUS$74.9bUS$6.5b17.4x26.1x2.2x
Thu, 03 Jul 2025US$169.1bUS$74.9bUS$6.5b15.7x26x2.3x
Sat, 31 May 2025US$154.2bUS$76.2bUS$7.8b15.5x19.8x2x
Mon, 28 Apr 2025US$141.2bUS$75.7bUS$7.7b14.5x18.3x1.9x
Wed, 26 Mar 2025US$161.6bUS$75.3bUS$7.7b16.6x21x2.1x
Fri, 21 Feb 2025US$184.3bUS$76.1bUS$7.9b19.9x23.3x2.4x
Sun, 19 Jan 2025US$188.1bUS$75.4bUS$7.6b17.4x24.9x2.5x
Tue, 17 Dec 2024US$197.6bUS$76.5bUS$7.9b18.6x25x2.6x
Thu, 14 Nov 2024US$187.0bUS$76.5bUS$7.9b18.7x23.7x2.4x
Sat, 12 Oct 2024US$195.2bUS$75.9bUS$7.8b19.4x25.1x2.6x
Mon, 09 Sep 2024US$188.0bUS$77.4bUS$8.2b17.4x22.9x2.4x
Wed, 07 Aug 2024US$171.5bUS$77.2bUS$8.1b17.2x21.1x2.2x
Fri, 05 Jul 2024US$183.5bUS$76.7bUS$8.1b18.9x22.7x2.4x
Sun, 02 Jun 2024US$220.8bUS$76.8bUS$7.6b21.6x29.1x2.9x
Tue, 30 Apr 2024US$204.5bUS$76.6bUS$7.5b19.3x27.2x2.7x
Thu, 28 Mar 2024US$209.0bUS$76.4bUS$7.5b18.1x28x2.7x
Sat, 24 Feb 2024US$223.7bUS$76.2bUS$7.6b21.5x29.6x2.9x
Mon, 22 Jan 2024US$211.5bUS$76.1bUS$7.1b19.3x30x2.8x
Wed, 20 Dec 2023US$244.9bUS$76.0bUS$6.9b21.1x35.5x3.2x
Fri, 17 Nov 2023US$212.3bUS$75.9bUS$6.9b17.6x30.8x2.8x
Sun, 15 Oct 2023US$195.2bUS$75.4bUS$6.7b15.7x29x2.6x
Tue, 12 Sep 2023US$188.6bUS$73.7bUS$6.6b15.7x28.6x2.6x
Thu, 10 Aug 2023US$212.8bUS$73.7bUS$6.7b16.9x31.6x2.9x
Sat, 08 Jul 2023US$203.3bUS$73.5bUS$6.6b16.4x30.7x2.8x
Mon, 05 Jun 2023US$206.0bUS$72.9bUS$7.0b16.7x29.3x2.8x
Wed, 03 May 2023US$238.7bUS$72.8bUS$7.0b16.3x34x3.3x
Fri, 31 Mar 2023US$227.3bUS$72.4bUS$6.9b16.8x32.9x3.1x
Price to Earnings Ratio

32.9x


Total Market Cap: US$227.3bTotal Earnings: US$6.9bTotal Revenue: US$72.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Footwear Industry Price to Earnings3Y Average 27.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Footwear industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.5x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Footwear industry have declined 15% per year over the last three years,
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

US Market-1.74%
Consumer Discretionary-2.68%
Luxury-0.76%
Footwear-2.50%
Apparel, Accessories and Luxury Goods0.98%
Textiles-0.77%
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
SHOO Steven MaddenUS$33.471.3%
+US$31.4m		22.8%PE54.6x
CROX CrocsUS$79.990.7%
+US$28.1m		-29.0%PS1x
WWW Wolverine World WideUS$16.932.0%
+US$26.8m		16.0%PE14.8x
BIRD AllbirdsUS$3.342.5%
+US$657.0k		-44.9%PS0.2x

Latest News

CROX
US$79.99
Crocs
7D
0.7%
1Y
-29.0%

CROX: Inventory Reset And DTC Focus Will Drive Future Rebound

Analysts have modestly lifted the fair value estimate for Crocs to $130, reflecting updated views on revenue growth, profit margins, and the stock's P/E outlook in light of recent rating changes and price target revisions across the Street. Analyst Commentary Recent Street research around Crocs has been mixed, but there are several clear pockets of optimism that help frame the updated fair value view.
ONON
US$39.59
On Holding
7D
-0.5%
1Y
-17.5%

ONON: Brand Momentum And Margin Expansion Will Offset FX And Guidance Headwinds

The analyst price target for On Holding has been trimmed by about $1 to reflect slightly lower revenue growth assumptions and a modestly reduced future P/E multiple, while still incorporating analyst views on solid brand momentum, improving profit margins, and ongoing foreign exchange and guidance-related pressures. Analyst Commentary Recent Street research shows a mixed but generally constructive stance on On Holding, with most firms trimming price targets while still pointing to supportive brand and margin trends, alongside some concerns around guidance, mix, and future profitability.
NKE
US$53.49
NIKE
7D
-3.0%
1Y
-19.6%

NKE: Product Reset And China Sentiment Will Support Future Margin Expansion

Analysts have lowered their price expectations for NIKE, with the updated fair value implying a move of roughly $0.55 lower per share. This reflects a balance between slower assumed revenue growth and a higher discount rate on one hand, and steady margin expectations and continued confidence in a product led recovery on the other.
SHOO
US$33.47
Steven Madden
7D
1.3%
1Y
22.8%

SHOO: Soft 2026 Outlook And Private Label Pressures Will Unlock Re Rating Potential

Analysts have edged their average price targets for Steven Madden slightly lower, with cuts from $43 to $42 and most recently to $38. They cite expectations for softer fiscal 2026 guidance and pressure on private label sales as mass channel partners resist price increases.
BIRK
US$36.48
Birkenstock Holding
7D
-2.0%
1Y
-22.7%
DECK
US$101.39
Deckers Outdoor
7D
-3.2%
1Y
-17.5%
BIRD
US$3.34
Allbirds
7D
2.5%
1Y
-44.9%
WWW
US$16.93
Wolverine World Wide
7D
2.0%
1Y
16.0%

WWW: Brand Momentum And DTC Repair Will Support Future Margin Strength

The analyst price target for Wolverine World Wide has been raised by approximately $2, supported by analysts pointing to stronger expected revenue growth, slightly higher profit margins, and a modestly higher future P/E multiple, particularly as Saucony and Merrell performance and direct to consumer trends improve through FY26. Analyst Commentary Recent research updates present a split picture, with several bullish analysts lifting their price targets on Wolverine World Wide while others highlight ongoing execution risks and end market uncertainty.
RCKY
US$39.38
Rocky Brands
7D
-6.4%
1Y
119.4%