Filing Flows › Comparisons › SHOO vs RCKY
Steven Madden vs Rocky Brands: SHOO and RCKY compared
Steven Madden is the larger company: $773M of revenue in its latest quarter (Q3 2026) against $139M for Rocky Brands (Q3 2026). Steven Madden is growing faster (+16% against +13% a year earlier). Rocky Brands is more profitable, with an operating margin of 13.1% against 9.5%.
Where the money goes: SHOO and RCKY
Steven Madden (SHOO) · Q3 2026
Steven Madden, Q3 2026: revenue $773M (+16% year over year), operating margin 9.5%, net earnings $52.4M, operating cash flow $3.5M. The chart follows the revenue to costs, profit and cash.
Rocky Brands (RCKY) · Q3 2026
Rocky Brands, Q3 2026: revenue $139M (+13% year over year), operating margin 13.1%, net earnings $12.8M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Steven Madden (SHOO) | Rocky Brands (RCKY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $773M | $139M |
| Revenue growth, Y/Y | +16% | +13% |
| Gross margin | 44.6% | 45.0% |
| Operating margin | 9.5% | 13.1% |
| Net earnings | $52.4M | $12.8M |
| Net margin | 6.8% | 9.3% |
| Operating cash flow | $3.5M | $8.5M |
| Free cash flow | — | $6.3M |
| Market value | $2.9B | — |
| P/E | 16.2× | — |
| Analysts’ mean target | $52.11 | — |
Where the revenue comes from
Rocky Brands
- Wholesale: $99.6M (72%)
- Retail: $35.4M (26%)
- Contract Manufacturing: $3.8M (3%)
Questions
Which is bigger, Steven Madden or Rocky Brands?
Steven Madden is the larger company: $773M of revenue in its latest quarter (Q3 2026) against $139M for Rocky Brands (Q3 2026).
Is Steven Madden or Rocky Brands growing faster?
Steven Madden is growing faster (+16% against +13% a year earlier).
Which is more profitable, Steven Madden or Rocky Brands?
Rocky Brands is more profitable, with an operating margin of 13.1% against 9.5%.
More: Steven Madden earnings · how Steven Madden makes money · Rocky Brands earnings · how Rocky Brands makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.