Steven Madden vs Wolverine World Wide
Steven Madden is the larger business, with $2.53bn of revenue in fiscal 2025 against $1.87bn for Wolverine World Wide (1.4 times as much). Steven Madden grew faster (11.0% against 6.8%). Wolverine World Wide kept more of each dollar of sales as profit: a net margin of 5.1% against 1.9%.
| Latest fiscal year | Steven MaddenSHOO, 2025 | Wolverine World WideWWW, 2025 |
|---|---|---|
| Revenue | $2.53bn | $1.87bn |
| Revenue growth | 11.0% | 6.8% |
| Net income | $49.0m | $95.8m |
| Operating margin | — | — |
| Net margin | 1.9% | 5.1% |
| Return on equity | 5.7% | 26.6% |
| Free cash flow | $120m | $126m |
| Cash | $112m | $206m |
| Total debt | $234m | $697m |
| Debt to equity | — | — |
| Dividend per share | $0.84 | $0.40 |
| Dividend yield | 1.9% | 1.9% |
| Share buybacks | $13.5m | $14.5m |
| Employees | 6,300 | — |
| Market value | $3.21bn | $1.76bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 68 (Moderate) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 20 sales | 3 buys, 4 sales |