STOCK TITAN

Buckle Inc Financials

BKE
Source SEC Filings (10-K/10-Q) Updated Jan 31, 2026 Currency USD FYE January

This page shows Buckle Inc (BKE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BKE FY2026

Stable merchandise margins and strong cash conversion let Buckle keep paying large dividends even when overhead growth caps profit recovery.

From FY2023 to FY2026, gross margin stayed almost unchanged from 50.3% to 49.0%, but operating margin fell much more, showing the squeeze came after the merchandise line rather than from weaker product economics. The FY2026 sales rebound therefore did not fully restore profitability because store and overhead costs absorbed more of each sales dollar.

Cash conversion remains high quality: FY2026 operating cash flow of $251M topped net income of $210M, so reported earnings were backed by cash. But shareholder payouts ran slightly above internally generated surplus, with free cash flow of $206M trailing dividends paid of $225M.

The balance sheet looks more liability-funded than cash-starved: cash stayed near $249M and the current ratio was 1.9x, so near-term liquidity appears manageable. What changed instead is balance-sheet leverage: the ratio rose from 1.1x in FY2024 to 1.3x in FY2026 while equity slipped, indicating distributions and liability growth are outpacing the accumulation of retained capital.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 63 / 100
Financial Profile 63/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Buckle Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
67

Buckle Inc has an operating margin of 20.1%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 19.8% the prior year.

Growth
36

Buckle Inc's revenue grew 6.6% year-over-year to $1.3B, a solid pace of expansion. This earns a growth score of 36/100.

Leverage
75

Buckle Inc carries a low D/E ratio of 1.33, meaning only $1.33 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
34

Buckle Inc's current ratio of 1.89 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
66

Buckle Inc converts 15.9% of revenue into free cash flow ($205.8M). This strong cash generation earns a score of 66/100.

Returns
100

Buckle Inc earns a strong 49.4% return on equity (ROE), meaning it generates $49 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 43.9% the prior year.

Altman Z-Score Safe
5.46

Buckle Inc scores 5.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.6B) relative to total liabilities ($566.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
6/9

Buckle Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.20x

For every $1 of reported earnings, Buckle Inc generates $1.20 in operating cash flow ($251.1M OCF vs $209.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$1.3B
YoY+6.6%
5Y CAGR+7.6%
10Y CAGR+1.5%

Buckle Inc generated $1.3B in revenue in fiscal year 2026. This represents an increase of 6.6% from the prior year.

EBITDA
$286.9M
YoY+8.5%
5Y CAGR+8.7%
10Y CAGR+0.9%

Buckle Inc's EBITDA was $286.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.5% from the prior year.

Net Income
$209.7M
YoY+7.3%
5Y CAGR+10.0%
10Y CAGR+3.6%

Buckle Inc reported $209.7M in net income in fiscal year 2026. This represents an increase of 7.3% from the prior year.

EPS (Diluted)
$4.14
YoY+6.4%
5Y CAGR+9.3%
10Y CAGR+3.1%

Buckle Inc earned $4.14 per diluted share (EPS) in fiscal year 2026. This represents an increase of 6.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$205.8M
YoY+3.0%
5Y CAGR-1.3%
10Y CAGR+5.1%

Buckle Inc generated $205.8M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 3.0% from the prior year.

Cash & Debt
$249.5M
YoY-7.2%
5Y CAGR-8.7%
10Y CAGR+5.0%

Buckle Inc held $249.5M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share
$4.40
YoY+12.8%
5Y CAGR+11.1%
10Y CAGR+8.5%

Buckle Inc paid $4.40 per share in dividends in fiscal year 2026. This represents an increase of 12.8% from the prior year.

Shares Outstanding
52M
YoY+0.7%
5Y CAGR+0.7%
10Y CAGR+0.6%

Buckle Inc had 52M shares outstanding in fiscal year 2026. This represents an increase of 0.7% from the prior year.

Margins & Returns

Gross Margin
49.0%
YoY+0.3pp
5Y CAGR+4.5pp
10Y CAGR+6.0pp

Buckle Inc's gross margin was 49.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.

Operating Margin
20.1%
YoY+0.3pp
5Y CAGR+1.5pp
10Y CAGR-0.4pp

Buckle Inc's operating margin was 20.1% in fiscal year 2026, reflecting core business profitability. This is up 0.3 percentage points from the prior year.

Net Margin
16.2%
YoY+0.1pp
5Y CAGR+1.7pp
10Y CAGR+3.0pp

Buckle Inc's net profit margin was 16.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.

Return on Equity
49.4%
YoY+5.5pp
5Y CAGR+19.8pp
10Y CAGR+14.8pp

Buckle Inc's ROE was 49.4% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 5.5 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$45.4M
YoY+7.3%
5Y CAGR+42.7%
10Y CAGR+2.8%

Buckle Inc invested $45.4M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 7.3% from the prior year.

BKE Income Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Revenue $320.8M+4.9% $305.7M+12.4% $272.1M-26.4% $369.6M+25.9% $293.6M+4.0% $282.4M+7.6% $262.5M-34.8% $402.7M
Cost of Revenue $166.9M+3.9% $160.7M+10.7% $145.1M-17.7% $176.4M+14.9% $153.5M+2.5% $149.9M+5.7% $141.8M-25.4% $190.0M
Gross Profit $153.9M+6.1% $145.0M+14.2% $127.0M-34.3% $193.2M+37.9% $140.1M+5.7% $132.5M+9.8% $120.7M-43.3% $212.7M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $93.0M+4.9% $88.7M+6.3% $83.4M-15.0% $98.1M+14.7% $85.6M+1.6% $84.3M+7.6% $78.3M-25.4% $104.9M
Operating Income $60.9M+8.1% $56.3M+29.4% $43.5M-54.2% $95.1M+74.5% $54.5M+12.9% $48.3M+13.8% $42.4M-60.7% $107.8M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $15.8M+8.2% $14.6M+27.9% $11.4M-52.1% $23.8M+66.2% $14.3M+12.5% $12.7M+12.7% $11.3M-57.1% $26.4M
Net Income $48.7M+8.2% $45.0M+27.9% $35.2M-54.2% $76.8M+74.0% $44.2M+12.5% $39.3M+12.7% $34.8M-60.3% $87.7M
EPS (Diluted) $0.96+7.9% $0.89+27.1% $0.70 N/A $0.88+12.8% $0.78+13.0% $0.69 N/A

BKE Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Total Assets $1.1B+4.8% $1.0B+5.2% $977.3M+7.0% $913.2M-6.5% $976.3M+3.8% $940.3M+3.8% $906.1M+1.8% $889.8M
Current Assets $539.1M+9.3% $493.3M+8.3% $455.6M+3.7% $439.2M-13.0% $504.9M+7.6% $469.2M+5.0% $446.8M+0.6% $444.3M
Cash & Equivalents $316.2M+6.2% $297.8M+10.8% $268.9M+0.7% $266.9M-11.6% $302.0M+5.1% $287.3M+7.4% $267.4M-0.3% $268.2M
Inventory $165.8M+16.3% $142.5M+7.6% $132.4M+9.6% $120.8M-19.1% $149.4M+13.6% $131.4M+0.6% $130.7M+3.5% $126.3M
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $567.6M+2.7% $552.5M+3.8% $532.1M+8.7% $489.4M+0.3% $487.9M+1.3% $481.6M+2.0% $472.3M-0.9% $476.6M
Current Liabilities $244.4M+6.5% $229.6M+5.4% $217.7M+1.8% $213.9M+0.5% $212.8M+3.2% $206.2M+0.5% $205.3M-7.3% $221.5M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $510.7M+7.3% $476.2M+6.9% $445.3M+5.1% $423.8M-13.2% $488.4M+6.5% $458.6M+5.7% $433.8M+5.0% $413.2M
Retained Earnings $292.7M+11.8% $261.9M+11.5% $234.8M+7.9% $217.5M-23.7% $285.0M+10.2% $258.6M+9.1% $237.1M+7.8% $220.0M

BKE Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Operating Cash Flow $49.4M-15.4% $58.4M+88.6% $31.0M-74.4% $120.8M+176.0% $43.8M-8.1% $47.6M+59.3% $29.9M-72.7% $109.3M
Capital Expenditures $11.1M-8.1% $12.0M+5.6% $11.4M+16.1% $9.8M-3.3% $10.2M-11.5% $11.5M+5.9% $10.8M+16.6% $9.3M
Free Cash Flow $38.4M-17.3% $46.4M+137.1% $19.6M-82.4% $111.0M+230.2% $33.6M-7.0% $36.1M+89.6% $19.1M-80.9% $100.0M
Investing Cash Flow -$13.2M-13.8% -$11.6M-4.4% -$11.1M-0.2% -$11.1M+1.7% -$11.3M-13.0% -$10.0M+22.5% -$12.9M-43.6% -$9.0M
Financing Cash Flow -$17.9M0.0% -$17.9M0.0% -$17.9M+87.6% -$144.7M-714.3% -$17.8M0.0% -$17.8M0.0% -$17.8M+87.6% -$143.8M
Dividends Paid $17.9M0.0% $17.9M0.0% $17.9M-87.6% $144.7M+714.3% $17.8M0.0% $17.8M0.0% $17.8M-87.6% $143.8M
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

BKE Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Gross Margin 48.0%+0.5pp 47.4%+0.8pp 46.7%-5.6pp 52.3%+4.6pp 47.7%+0.8pp 46.9%+1.0pp 46.0%-6.8pp 52.8%
Operating Margin 19.0%+0.6pp 18.4%+2.4pp 16.0%-9.7pp 25.7%+7.2pp 18.6%+1.5pp 17.1%+0.9pp 16.2%-10.6pp 26.8%
Net Margin 15.2%+0.5pp 14.7%+1.8pp 12.9%-7.9pp 20.8%+5.8pp 15.0%+1.1pp 13.9%+0.6pp 13.3%-8.5pp 21.8%
Return on Equity 9.5%+0.1pp 9.4%+1.6pp 7.9%-10.2pp 18.1%+9.1pp 9.0%+0.5pp 8.6%+0.5pp 8.0%-13.2pp 21.2%
Return on Assets 4.5%+0.1pp 4.4%+0.8pp 3.6%-4.8pp 8.4%+3.9pp 4.5%+0.3pp 4.2%+0.3pp 3.9%-6.0pp 9.8%
Current Ratio 2.21+0.1 2.15+0.1 2.09+0.0 2.05-0.3 2.37+0.1 2.28+0.1 2.18+0.2 2.01
Debt-to-Equity 1.11-0.0 1.16-0.0 1.19+0.0 1.15+0.2 1.00-0.1 1.05-0.0 1.09-0.1 1.15
FCF Margin 12.0%-3.2pp 15.2%+8.0pp 7.2%-22.8pp 30.0%+18.6pp 11.4%-1.4pp 12.8%+5.5pp 7.3%-17.6pp 24.8%

Similar Companies

Frequently Asked Questions

Buckle Inc (BKE) reported $1.3B in total revenue for fiscal year 2026. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Buckle Inc (BKE) revenue grew by 6.6% year-over-year, from $1.2B to $1.3B in fiscal year 2026.

Yes, Buckle Inc (BKE) reported a net income of $209.7M in fiscal year 2026, with a net profit margin of 16.2%.

Buckle Inc (BKE) reported diluted earnings per share of $4.14 for fiscal year 2026. This represents a 6.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Buckle Inc (BKE) had EBITDA of $286.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Buckle Inc (BKE) had a gross margin of 49.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Buckle Inc (BKE) had an operating margin of 20.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Buckle Inc (BKE) had a net profit margin of 16.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Yes, Buckle Inc (BKE) paid $4.40 per share in dividends during fiscal year 2026.

Buckle Inc (BKE) has a return on equity of 49.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Buckle Inc (BKE) generated $205.8M in free cash flow during fiscal year 2026. This represents a 3.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Buckle Inc (BKE) generated $251.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Buckle Inc (BKE) had $991.3M in total assets as of fiscal year 2026, including both current and long-term assets.

Buckle Inc (BKE) invested $45.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Buckle Inc (BKE) had 52M shares outstanding as of fiscal year 2026.

Buckle Inc (BKE) had a current ratio of 1.89 as of fiscal year 2026, which is generally considered healthy.

Buckle Inc (BKE) had a debt-to-equity ratio of 1.33 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Buckle Inc (BKE) had a return on assets of 21.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Buckle Inc (BKE) has an Altman Z-Score of 5.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Buckle Inc (BKE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Buckle Inc (BKE) has an earnings quality ratio of 1.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Buckle Inc (BKE) scores 63 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

Back to top