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Buckle Inc (BKE) stock

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NYSE: BKE NYSE Apparel Retail Next results ~November 20, 2026

B Fundamentals grade

Buckle Inc is a US-listed company in the apparel retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$80

Cash-flow model

Base case. Range ~$62–$110 across our lower- and higher-growth cases (-1.6%–8.4% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 70% above it.

Price used: $47.31, November 2, 2026

Buckle Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 9 sales by directors and officers, last 12 monthsInsider trades
  • Funds150 adding, 150 cuttingOf 51 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Buckle files

Where Buckle stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $1.33bn, up 6.2% on a year earlier, slower than the 7.1% growth a quarter earlier. Free-cash-flow margin fell to 14.4% from 16.8% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $81.25 a share, against a share price of $46.46. At that price, our model says the market is pricing in cash flow shrinking about 7.0% a year for five years, slower than the 0.5% a year revenue growth it has delivered.

Source: 10-Q filed September 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 20, 2026 (estimated)

Buckle Inc's trailing-twelve-month revenue grew 6.2% year on year, with a free-cash-flow margin of 14.4%. Where it stands out: operating margin of 20.8% ranks 1 of 25 apparel retail companies we cover.

Our discounted-cash-flow model values the business at ~$80 per share in the base case (~$62–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 9.1% while net income grew 9.6%: a 19pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $47.31 is 70% below our value per share of $80.
  • Net cash. Cash exceeds long-term debt by $0.3bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Heavily shorted. 11.9% of the shares available to trade are sold short (7.9 days of average volume to cover).
  • Earnings expected to fall. The consensus expects earnings per share to fall 4% next year.

Latest results: FY2027 Q2

Filed September 10, 2026
Earnings per share
$0.87 against an average estimate of $0.81: beat by 7.4%
Revenue
$320m, up 4.6% on a year earlier
Share reaction
+4.2% in the first session after the results on August 21, 2026, against +0.1% for the S&P 500
Next report
November 20, 2026; average EPS estimate $0.92

Buckle's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.0%
  • 1 week+1.6%
  • 1 month+11.2%
  • This year-3.6%
  • 1 year-6.0%
  • 5 years+71.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.3B
Operating margin
20.8%
Net margin
16.6%
EPS (TTM, diluted)
$4.34

Growth

Revenue growth
+6.2%
Change in growth rate
−0.9 pts
Share count change
+0.8%

Cash

Free cash flow (TTM)
$191M
FCF margin
14.4%

Earnings

Last results
August 21, 2026
Next results (est.)
November 20, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Leadership
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Buckle Inc valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 6.7% a year for five years.That is slower than the 0.5% a year revenue growth Buckle has delivered.

  • Priced in-6.7%
  • Last 12 months6.2%
  • 3 years a year0.5%
  • 5 years a year0.5%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($46.98, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$80
Price used
$46.98close November 3, 2026
Implied change
▲ +71%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Buckle Inc's free cash flow after stock-based pay with after-tax interest added back ($213M, FY2027 Q2 TTM), growing 4.2% and 3.4% in the next two years (forecasts, guidance and its record), then back to 3.4% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$62–~$110 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Buckle Inc's free cash flow after stock-based pay ( $213M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Buckle Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.98 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$80 ~$62–$110 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$31 ~$52–$95 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$46 ~$42–$52 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$60 ~$31–$80 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Buckle Inc with Apparel Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −6%
  • Last year's free-cash-flow margin change, if it persists ▼ −14%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $65$87$115$152$201$263
8.5% $51$67$87$114$148$193
10% $43$55$70$91$117$151

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$10.03$7.80$8.55$8.34$12.96$22.76$24.79$32.41$31.33$42.70$46.24$47.31
Market value$483m$377m$414m$405m$633m$1.1bn$1.2bn$1.6bn$1.6bn$2.1bn$2.3bn$2.4bn
+ Net debt (− = net cash)−$161m−$197m−$165m−$168m−$221m−$319m−$254m−$252m−$268m−$267m−$249m−$265m
Enterprise value$322m$180m$248m$237m$412m$797m$970m$1.4bn$1.3bn$1.9bn$2.1bn$2.1bn
Multiples
Price / sales 0.4x0.4x0.5x0.5x0.7x1.2x0.9x1.2x1.2x1.8x1.8x1.8x
Price / earnings 3.3x3.8x4.6x4.2x6.1x8.6x4.8x6.3x7.1x11.0x11.2x10.9x
Price / free cash flow 3.9x3.2x3.9x4.1x5.1x5.1x4.2x7.6x7.2x10.8x11.4x12.6x
EV / EBITDA 1.2x1.0x1.5x1.6x2.7x4.2x2.7x3.9x4.4x7.1x7.3x7.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

74 /100

Strong moat

How hard Buckle's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 25.0% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 48.9%, moving by 3.9 percentage points (standard deviation) across 10 years.

  • Durability 15 / 20

    Operating margin has been a median 20.2%; its worst year was 13.1%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 10 of 10 years, at a median 16.7% of revenue.

  • Discipline 11 / 20

    The diluted share count rose 3.4% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (79 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 20, 2026, before the open. Analysts expect revenue of $337m and EPS of $0.92 (range $0.92 to $0.92) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.30 +4% $1.4bn +6%
Next $4.15 −4% $1.4bn +4%

Next year's EPS estimate has moved −1.4% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.0% on 90 days ago. In the last 30 days, 0 analysts raised Buckle Inc's forecast and 1 cut it.

Consensus EPS forecast Buckle Inc, last 90 days
$4.10 $4.15 $4.20 $4.25 $4.30 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.26 Current fiscal year, 60 days ago: $4.30 Current fiscal year, 30 days ago: $4.30 Current fiscal year, 7 days ago: $4.30 Current fiscal year, Now: $4.30 $4.30 Next fiscal year, 90 days ago: $4.20 Next fiscal year, 60 days ago: $4.15 Next fiscal year, 30 days ago: $4.15 Next fiscal year, 7 days ago: $4.15 Next fiscal year, Now: $4.15 $4.15

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.26$4.20
60 days ago $4.30$4.15
30 days ago $4.30$4.15
7 days ago $4.30$4.15
Now $4.30$4.15

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $0.81 $0.87 +7.4%
Apr 2026 $0.74 $0.92 +24.7%
Jan 2026 $1.51 $1.59 +5.5%
Oct 2025 $0.95 $0.96 +0.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 21, 2026

No numeric guidance in Buckle Inc's latest earnings release (filed August 21, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Buckle Inc's revenue by +4.2% next year and +3.4% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.1%, weight 45%) and the company's own record (+3.4%, weight 55%) . How the weights are set.

Analyst recommendations

2 analysts, Nov 2026
Buy00%
Hold2100%
Sell00%

Monthly trend

  1. Nov 202622
  2. Oct 202622

Counts of recommendations published by analysts covering Buckle Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
11.9%
of tradable shares
Days to cover
7.94
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
63%
of shares
Held by insiders
38.3%
of shares
Employees
2,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −6.0%

$50.33 on October 31, 2025 to $47.31

ThenNowEffect
Revenue (last 12 months) $1.3bn $1.3bn +6.2%
Net margin 16.1% 16.6% +3.1%
P/E multiple 12.6x 10.9x −13.5%
Share count 51m 51m −0.8%

Biggest factor: p/e multiple.

Last 3 years +70.3%

$27.78 on November 3, 2023 to $47.31

ThenNowEffect
Revenue (last 12 months) $1.3bn $1.3bn +1.5%
Net margin 18.2% 16.6% −8.5%
P/E multiple 5.8x 10.9x +87.4%
Share count 50m 51m −2.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BKE+70%+11%+15%+18%+14%−4%
Industry peers (median)+58%−43%+5%+9%+6%−8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BKE75%50%50%42%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BKE−23%−36%−34%−20%−31%−29%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 56% from April 1, 2016 to August 15, 2017. Getting back needed a 128% gain, reached on June 8, 2018, 297 days after the low.

Price behaviour

52-week range
$39.34 – $55.62
From 52-week high
−14.9%
vs 50-day average
+9.3%
vs 200-day average
+1.4%
Volatility (1 year)
30%
Beta vs S&P 500
0.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±4.5%
After a week
10 up, 2 down
typical move ±5.8%
After a month
8 up, 4 down
typical move ±7.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 21, 2026 +4.2% +0.1% +1.9% −2.1%
May 29, 2026 −13.5% +0.5% −11.2% −16.4%
March 13, 2026 −2.6% +0.4% −2.9% +5.2%
November 21, 2025 −2.2% +2.5% +3.6% −1.4%
August 22, 2025 +1.9% +1.1% +3.2% +9.6%
May 23, 2025 +4.7% +1.4% +3.0% +7.1%
March 14, 2025 +5.7% +2.9% +11.1% +0.5%
November 22, 2024 +7.6% +0.7% +13.5% +7.6%
August 23, 2024 +1.9% +0.8% +0.6% +3.3%
May 24, 2024 −0.6% +0.7% +5.7% +0.7%
March 15, 2024 −1.4% −0.1% +2.4% −3.2%
November 17, 2023 +8.2% +0.9% +10.1% +31.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Buckle Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Buckle Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Buckle Inc
$1.2B $1.3B $1.3B $1.4B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $1.3B Revenue (TTM), FY24 Q4: $1.3B Revenue (TTM), FY25 Q1: $1.2B Revenue (TTM), FY25 Q2: $1.2B Revenue (TTM), FY25 Q3: $1.2B Revenue (TTM), FY25 Q4: $1.2B Revenue (TTM), FY26 Q1: $1.2B Revenue (TTM), FY26 Q2: $1.3B Revenue (TTM), FY26 Q3: $1.3B Revenue (TTM), FY26 Q4: $1.3B Revenue (TTM), FY27 Q1: $1.3B Revenue (TTM), FY27 Q2: $1.3B $1.3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $1.3B
FY24 Q4 $1.3B
FY25 Q1 $1.2B
FY25 Q2 $1.2B
FY25 Q3 $1.2B
FY25 Q4 $1.2B
FY26 Q1 $1.2B
FY26 Q2 $1.3B
FY26 Q3 $1.3B
FY26 Q4 $1.3B
FY27 Q1 $1.3B
FY27 Q2 $1.3B
Revenue growth, TTM YoY Buckle Inc
-10% -5% 0% 5% 10% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -3.3% Revenue growth, TTM YoY, FY24 Q4: -6.3% Revenue growth, TTM YoY, FY25 Q1: -5.9% Revenue growth, TTM YoY, FY25 Q2: -6.0% Revenue growth, TTM YoY, FY25 Q3: -4.7% Revenue growth, TTM YoY, FY25 Q4: -3.4% Revenue growth, TTM YoY, FY26 Q1: -1.1% Revenue growth, TTM YoY, FY26 Q2: 1.6% Revenue growth, TTM YoY, FY26 Q3: 4.7% Revenue growth, TTM YoY, FY26 Q4: 6.6% Revenue growth, TTM YoY, FY27 Q1: 7.1% Revenue growth, TTM YoY, FY27 Q2: 6.2% 6.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -3.3%
FY24 Q4 -6.3%
FY25 Q1 -5.9%
FY25 Q2 -6.0%
FY25 Q3 -4.7%
FY25 Q4 -3.4%
FY26 Q1 -1.1%
FY26 Q2 1.6%
FY26 Q3 4.7%
FY26 Q4 6.6%
FY27 Q1 7.1%
FY27 Q2 6.2%
Operating margin (TTM) Buckle Inc
19% 20% 21% 22% 23% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 22.2% Operating margin (TTM), FY24 Q4: 21.5% Operating margin (TTM), FY25 Q1: 20.9% Operating margin (TTM), FY25 Q2: 20.4% Operating margin (TTM), FY25 Q3: 19.8% Operating margin (TTM), FY25 Q4: 19.8% Operating margin (TTM), FY26 Q1: 19.8% Operating margin (TTM), FY26 Q2: 20.0% Operating margin (TTM), FY26 Q3: 20.1% Operating margin (TTM), FY26 Q4: 20.1% Operating margin (TTM), FY27 Q1: 21.1% Operating margin (TTM), FY27 Q2: 20.8% 20.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 22.2%
FY24 Q4 21.5%
FY25 Q1 20.9%
FY25 Q2 20.4%
FY25 Q3 19.8%
FY25 Q4 19.8%
FY26 Q1 19.8%
FY26 Q2 20.0%
FY26 Q3 20.1%
FY26 Q4 20.1%
FY27 Q1 21.1%
FY27 Q2 20.8%
FCF margin (TTM) Buckle Inc
14% 15% 16% 17% 18% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 16.9% FCF margin (TTM), FY24 Q4: 17.2% FCF margin (TTM), FY25 Q1: 17.1% FCF margin (TTM), FY25 Q2: 17.0% FCF margin (TTM), FY25 Q3: 15.5% FCF margin (TTM), FY25 Q4: 16.4% FCF margin (TTM), FY26 Q1: 16.3% FCF margin (TTM), FY26 Q2: 16.8% FCF margin (TTM), FY26 Q3: 16.8% FCF margin (TTM), FY26 Q4: 15.9% FCF margin (TTM), FY27 Q1: 16.8% FCF margin (TTM), FY27 Q2: 14.4% 14.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 16.9%
FY24 Q4 17.2%
FY25 Q1 17.1%
FY25 Q2 17.0%
FY25 Q3 15.5%
FY25 Q4 16.4%
FY26 Q1 16.3%
FY26 Q2 16.8%
FY26 Q3 16.8%
FY26 Q4 15.9%
FY27 Q1 16.8%
FY27 Q2 14.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Buckle took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.3B
  2. Other income $14.7M · 1.1%
  3. Cost of revenue $662M · 51.0%
  4. Gross profit $636M · 49.0%
  5. Selling, general and admin $374M · 28.8%
  6. Operating income $261M · 20.1%
  7. Income tax $66.4M · 5.1%
  8. Net income $210M · 16.2%

Shares of revenue. Source: Buckle's 10-K for FY2026, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 898 950 1,063 1,124 1,128 1,153 1,120 975 913 885 900 901 1,295 1,345 1,261 1,218 1,298 1,329
Gross profit 401 419 469 499 499 507 481 397 380 366 377 401 653 676 619 593 636 650
EBITDA 225 241 269 292 290 289 262 186 165 148 155 189 354 347 292 264 287 304
Operating income 199 211 236 258 257 257 230 153 134 121 131 168 335 328 271 241 261 277
Net income 127 135 151 164 163 163 147 98 90 96 104 130 255 255 220 195 210 221
Diluted EPS $2.73 $2.86 $3.20 $3.44 $3.39 $3.38 $3.06 $2.03 $1.85 $1.97 $2.14 $2.66 $5.16 $5.13 $4.40 $3.89 $4.14 $4.34
Growth (year on year)
Revenue +13.4% +5.7% +11.9% +5.7% +0.4% +2.2% −2.9% −12.9% −6.3% −3.1% +1.7% +0.1% +43.6% +3.9% −6.3% −3.4% +6.6% +6.2%
EBITDA +22.1% +7.1% +11.9% +8.5% −0.8% −0.3% −9.3% −29.1% −11.2% −10.3% +5.1% +21.6% +87.5% −2.0% −15.9% −9.4% +8.5% +10.6%
Operating income +23.0% +5.7% +12.1% +9.2% −0.5% −0.0% −10.7% −33.5% −12.2% −9.8% +8.7% +27.8% +99.7% −2.2% −17.4% −11.0% +8.3% +10.5%
Net income +21.9% +5.8% +12.5% +8.5% −1.0% −0.0% −9.4% −33.5% −8.4% +6.6% +9.2% +24.6% +95.8% −0.1% −13.6% −11.1% +7.3% +9.6%
Diluted EPS +21.9% +4.8% +11.9% +7.5% −1.5% −0.3% −9.5% −33.7% −8.9% +6.5% +8.6% +24.3% +94.0% −0.6% −14.2% −11.6% +6.4% +8.7%
Margins
Gross margin 44.6% 44.1% 44.1% 44.4% 44.3% 44.0% 43.0% 40.7% 41.6% 41.3% 41.9% 44.5% 50.4% 50.3% 49.1% 48.7% 49.0% 49.0%
EBITDA margin 25.0% 25.3% 25.3% 26.0% 25.7% 25.0% 23.4% 19.0% 18.0% 16.7% 17.2% 21.0% 27.4% 25.8% 23.1% 21.7% 22.1% 22.9%
Operating margin 22.2% 22.2% 22.2% 23.0% 22.8% 22.3% 20.5% 15.7% 14.7% 13.7% 14.6% 18.6% 25.9% 24.4% 21.5% 19.8% 20.1% 20.8%
Net margin 14.2% 14.2% 14.2% 14.6% 14.4% 14.1% 13.2% 10.0% 9.8% 10.8% 11.6% 14.4% 19.7% 18.9% 17.4% 16.1% 16.2% 16.6%
Free-cash-flow margin 12.0% 13.2% 16.2% 17.0% 12.9% 13.0% 11.1% 12.0% 11.6% 11.1% 13.7% 24.4% 22.6% 15.8% 17.2% 16.4% 15.9% 14.4%
Cash flow
Cash from operations 158 180 209 221 174 196 159 149 120 109 131 227 312 242 255 242 251 258
Capital spending 51 55 37 30 29 45 35 32 13 10 7 8 19 30 37 42 45 66
Free cash flow 107 125 173 191 145 150 125 117 106 99 123 220 293 212 217 200 206 191
Stock-based pay 5 5 6 8 — — — — — — — — — — — — — —
Free cash flow after stock pay 102 120 166 182 — — — — — — — — — — — — — —
Balance sheet
Cash 135 116 167 118 165 134 161 197 165 168 221 319 254 252 268 267 249 265
Total debt — — — — — — — — — — — — — — — — — 0
Net debt (negative = net cash) −135 −116 −167 −118 −165 −134 −161 −197 −165 −168 −221 −319 −254 −252 −268 −267 −249 −265
Diluted shares 47m 47m 47m 48m 48m 48m 48m 48m 48m 49m 49m 49m 49m 50m 50m 50m 51m 51m
Returned to shareholders
Dividends 120 154 145 255 97 177 94 85 134 98 113 128 348 203 197 198 225 225
Buybacks — 6 0 0 0 0 3 0 0 0 0 0 0 0 — — — —
Total returned 120 160 145 255 97 177 97 85 134 98 113 129 348 203 197 198 225 225

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · August 1, 2026
What it owns · $1.1bn
Short-term assets $482mLonger-term assets $612m
What it owes, and who funded it · $1.1bn
Short-term liabilities $231mLonger-term liabilities $374mShareholders' equity $489m
  • Short-term assets cover short-term liabilities $482m of assets due within a year against $231m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $482m short-term assets against $374m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Buckle Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$225M
Diluted share count
+0.8%
year over year
Total shareholder yield
9.3%
dividends 9.3% + buybacks 0.0% of market value
Dividend payout ratio
102%
of net income paid out
Sales & admin spending
28.1%
of revenue

Competitors: side by side with peers

Closest by revenue in apparel retail
Last 12 months unless stated BKE SFIX LE PLCE SHOE CURV Median
Revenue, last 12 months $1.3bn $1.3bn $1.2bn $1.1bn $1.1bn $949m $1.1bn
Revenue growth, last 12 months 6.2% 6.4% 1.4% −15.9% −4.1% −11.2% 4.2%
Revenue growth, 3-year average 0.5% −5.4% −3.6% −11.7% −2.9% −7.1% 0.9%
Revenue growth, latest quarter 4.6% 4.2% 5.3% −18.9% −7.2% −11.8% 4.4%
Gross margin 49.0% 43.7% 55.7% 29.0% 34.5% 34.7% 40.1%
Operating margin 20.8% −1.6% 0.6% −8.2% 2.8% 1.9% 2.0%
Operating margin, 3-year average 20.4% −4.9% −0.9% −3.8% 5.8% 3.5% 0.2%
Net margin 16.6% −0.9% 30.5% −11.8% 2.2% −0.9% 1.5%
Cash from operations / revenue 19.4% 2.9% −3.2% 4.4% 9.2% −0.1% 4.9%
Free-cash-flow margin 14.4% 1.5% −6.4% 2.0% 6.0% −1.4% 2.9%
Free-cash-flow margin, 3-year average 16.1% 1.1% −0.3% −1.4% 5.4% 1.1% 1.7%
Stock pay / revenue — 3.5% 0.5% −0.0% 0.8% 0.6% 0.7%
Change in share count 0.8% 4.2% −1.2% 28.0% −0.2% −5.6% −0.3%

Median of all 28 companies we cover in apparel retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

28 apparel retail companies
Measure Company Peer median Rank
Revenue growth Growth 6.2% 4.7% 12 of 28
Change in growth rate Growth -0.9pp -0.2pp 20 of 28
Gross margin Profitability 49.0% 40.5% 6 of 26
Operating margin Profitability 20.8% 1.9% 1 of 25
Net margin Profitability 16.6% 1.7% 2 of 28
Free-cash-flow margin Cash generation 14.4% 3.0% 1 of 28
Change in share count Balance sheet 0.8% -0.3% 18 of 27

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$1.3B
Institutions reporting
295
Shares held vs prior quarter
▼ 0.4%
Positions opened / closed
30 / 54

Top buyers and sellers, Q2 2026: 150 institutions bought and 150 sold ; the biggest buyer was Blackrock, Inc (+239K shares) and the biggest seller UBS Group AG (−425K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $209M 4.9M 15.7% ▲ 5.1%
Vanguard Portfolio Management LLC $108M 2.6M 8.1% ▲ 4.7%
American Century Companies Inc $60M 1.4M 4.5% ▲ 9.6%
State Street Corp $58.5M 1.4M 4.4% ▲ 6.8%
Vanguard Capital Management LLC $58.3M 1.4M 4.4% ▲ 2.1%
Dimensional Fund Advisors LP $57.6M 1.4M 4.3% ▲ 1.8%
Charles Schwab Investment Management Inc $53.4M 1.3M 4.0% ▲ 7.4%
Morgan Stanley $52.5M 1.2M 4.0% ▲ 3.3%
Renaissance Technologies LLC $48.1M 1.1M 3.6% ▼ 2.4%
Geode Capital Management, LLC $43.7M 1.0M 3.3% ▲ 9.9%
Goldman Sachs Group Inc $36.3M 861K 2.7% ▼ 22.6%
Bank Of New York Mellon Corp $27.5M 651K 2.1% ▲ 1.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Buckle Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $7.1M 9 trades by 4 insiders · 0% under pre-set plans
Net ▼ $7.1M net selling
Insider Date Trade Shares Price Value
Werth Scott A SVP Stores October 22, 2026 Sell 2,500 $46.75 $116,870
Fairfield Bill L Director October 15, 2026 Sell 8,500 $46.38 $394,190
Fairfield Bill L Director June 8, 2026 Sell 2,500 $44.44 $111,100
Hoffman Michelle SVP Sales April 10, 2026 Sell 16,200 $54.80 $887,760
Smith Kari G EVP Stores April 10, 2026 Sell 30,000 $54.57 $1.6M
Hoffman Michelle SVP Sales March 20, 2026 Sell 29,281 $49.12 $1.4M
Hoffman Michelle SVP Sales March 19, 2026 Sell 719 $50.00 $35,950
Smith Kari G EVP Stores March 17, 2026 Sell 48,860 $50.39 $2.5M
Smith Kari G EVP Stores March 16, 2026 Sell 1,140 $49.81 $56,783

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Buckle Inc disclosed in the last 12 months; 3 earlier trades on record.

  • Jefferson Shreve(R-IN 6):Sale (full), $15,001 - $50,000, traded May 12, 2025, filed June 22, 2025
  • Jefferson Shreve(R-IN 6):Purchase, $15,001 - $50,000, traded April 7, 2025, filed May 8, 2025
  • Jefferson Shreve(R-IN 6):Sale (full), $15,001 - $50,000, traded March 5, 2025, filed April 11, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 20, 2026 estimated from the company's past filing pattern, not announced

  • August 21, 2026
  • May 29, 2026
  • March 13, 2026
  • November 21, 2025
  • August 22, 2025
  • May 23, 2025

Recent SEC filings

Data status

When each part of this page on Buckle Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Buckle Inc in brief

What does Buckle Inc do?
Buckle Inc is a US-listed company in the apparel retail industry. Its financial year ends in January.
What is Buckle Inc's stock ticker?
Buckle Inc trades under the ticker BKE on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Buckle Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Buckle Inc reported revenue of $1.3B, 6.2% higher than a year earlier, according to its SEC filings.
What is Buckle Inc's free cash flow?
Buckle Inc's free-cash-flow margin is 14.4% of revenue over the trailing twelve months, ranking 1 of the 28 apparel retail companies we cover.
What is Buckle Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Buckle Inc's free cash flow after stock-based pay gives ~$80 per share in the base case, and ~$62–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Buckle Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Buckle Inc's market cap?
On November 2, 2026, Buckle Inc's market capitalisation was about $2.4B, with a price-to-earnings ratio of 10.9 and net debt of -$265M. Market figures come from third-party market data and may be delayed.
Does Buckle Inc pay a dividend?
Yes: Buckle Inc paid $225M in dividends over the trailing twelve months, a dividend yield of 9.25% and a payout ratio of 102.0%.
Who are Buckle Inc's competitors?
In our Apparel Retail peer group, the companies closest to Buckle Inc are Stitch Fix, Inc., Lands' END, Inc., Childrens Place, Inc., Shoe Station Group Inc and Torrid Holdings Inc. The side-by-side comparison below sets their revenue, margins and growth against Buckle Inc's.
Are insiders buying or selling Buckle Inc stock?
Over the last 12 months, Buckle Inc's directors and officers reported 0 open-market purchases and 9 sales on Form 4. The insider trading page charts every trade.
When is Buckle Inc's next earnings date?
Around November 20, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Buckle Inc announces its own schedule.