Caleres, Inc. (CAL) Key Metrics
CAL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $447.9M
- Enterprise value
- $1.25B
- P/E (TTM)
- 8.5 10-yr median 6.5
- Forward P/E
- 7.7
- PEG ratio
- 0.82
- Price / sales
- 0.2 10-yr median 0.3
- Price / book
- 0.6 10-yr median 1.9
- EV / EBITDA
- 8.0 10-yr median 7.1
- Dividend yield
- 2.16% $0.28 a year
- Beta
- 0.74
CAL key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsCAL valuation Price multiples at each fiscal year-end price.
CAL returns How much profit the business earns on the capital it uses.
CAL per-share figures Results divided by the shares outstanding at year-end.
CAL financial health Debt, liquidity and how easily interest is covered.
CAL efficiency & capital use Working capital cycle and where the cash goes.
CAL valuation history
CAL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CAL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CAL cash returned to shareholders
CAL price vs earnings per share
CAL key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $398.9M | $614.3M | $1.07B | $921.2M | $889.5M | $562.4M | $699.4M | $1.25B | $1.24B | $1.30B |
| Enterprise value | $1.26B | $1.41B | $1.80B | $1.78B | $1.73B | $1.59B | $1.88B | $1.75B | $1.38B | $1.55B |
| P/E ratio | — | 5.7 | 6.5 | 5.1 | 6.5 | — | 11.3 | — | 14.3 | 19.8 |
| Price / sales | 0.1 | 0.2 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.4 | 0.5 |
| Price / book | 0.7 | 1.0 | 1.9 | 2.2 | 2.8 | 2.8 | 1.1 | 2.0 | 1.7 | 2.1 |
| Price / free cash flow | 12.3 | 11.1 | 7.1 | 14.9 | 6.2 | 5.4 | 5.8 | 19.9 | 8.9 | 10.5 |
| Price / operating cash flow | 4.0 | 5.9 | 5.4 | 7.3 | 5.3 | 4.5 | 4.1 | 9.6 | 6.5 | 7.1 |
| EV / sales | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.8 | 0.6 | 0.6 | 0.5 | 0.6 |
| EV / EBITDA | 17.8 | 6.9 | 7.1 | 6.4 | 6.7 | — | 11.0 | 23.2 | 6.8 | 9.2 |
| EV / free cash flow | 38.9 | 25.5 | 11.9 | 28.7 | 12.0 | 15.3 | 15.6 | 27.9 | 9.8 | 12.5 |
| Earnings yield | −1.8% | 17.5% | 15.3% | 19.7% | 15.4% | −78.1% | 8.9% | −0.4% | 7.0% | 5.1% |
| Free cash flow yield | 8.1% | 9.0% | 14.1% | 6.7% | 16.2% | 18.5% | 17.2% | 5.0% | 11.3% | 9.6% |
| Dividend yield | 2.4% | 1.6% | 0.9% | 1.1% | 1.2% | 1.9% | 1.6% | 1.0% | 1.0% | 0.9% |
| Shareholder yield (dividends + buybacks) | 4.6% | 12.2% | 2.6% | 8.0% | 3.1% | 6.1% | 5.0% | 4.5% | 1.8% | 2.7% |
| Share price at fiscal year-end | $12.22 | $18.33 | $31.37 | $26.02 | $23.98 | $15.11 | $17.55 | $29.84 | $29.64 | $30.75 |
| Per share | ||||||||||
| Revenue per share | $84.48 | $81.24 | $82.49 | $83.83 | $74.88 | $56.88 | $73.31 | $67.89 | $66.36 | $61.15 |
| Earnings per share | −$0.22 | $3.20 | $4.80 | $5.13 | $3.69 | −$11.79 | $1.56 | −$0.13 | $2.08 | $1.56 |
| Operating cash flow per share | $3.07 | $3.12 | $5.86 | $3.56 | $4.54 | $3.39 | $4.29 | $3.10 | $4.56 | $4.35 |
| Free cash flow per share | $0.99 | $1.65 | $4.41 | $1.75 | $3.89 | $2.80 | $3.03 | $1.50 | $3.34 | $2.94 |
| Cash per share | $0.91 | $0.88 | $0.63 | $0.95 | $0.81 | $2.37 | $1.13 | $0.72 | $1.53 | $1.31 |
| Book value per share | $18.44 | $17.87 | $16.42 | $11.88 | $8.59 | $5.38 | $16.21 | $15.18 | $17.13 | $14.54 |
| Tangible book value per share | $12.18 | $12.14 | $10.46 | $5.80 | $2.45 | −$1.07 | $2.67 | $2.02 | $9.05 | $6.39 |
| Dividends per share | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 |
| Capex per share | $2.08 | $1.47 | $1.45 | $1.81 | $0.65 | $0.59 | $1.26 | $1.60 | $1.22 | $1.41 |
| Debt per share | $27.30 | $24.66 | $21.90 | $25.07 | $23.49 | $30.11 | $30.87 | $12.76 | $4.70 | $7.28 |
| Shares outstanding | 32.6M | 33.5M | 34.2M | 35.4M | 37.1M | 37.2M | 39.9M | 41.8M | 42.0M | 42.2M |
| Change in shares outstanding | −2.6% | −1.9% | −3.5% | −4.6% | −0.3% | −6.6% | −4.6% | −0.5% | −0.5% | −1.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.2% | 18.5% | 33.4% | 49.2% | 52.8% | −103.8% | 9.7% | −0.8% | 13.1% | 10.8% |
| Return on invested capital (ROIC) | 1.6% | 8.8% | 14.9% | 14.9% | 12.6% | −5.3% | 3.2% | 0.0% | 11.6% | 9.8% |
| Return on assets (ROA) | −0.4% | 5.8% | 9.0% | 9.9% | 7.4% | −20.4% | 2.9% | −0.3% | 5.9% | 4.7% |
| Return on tangible assets | −0.4% | 6.3% | 10.2% | 11.2% | 8.5% | −27.0% | 3.3% | −0.4% | 7.6% | 5.8% |
| Free cash flow margin | 1.2% | 2.0% | 5.3% | 2.1% | 5.2% | 4.9% | 4.1% | 2.2% | 5.0% | 4.8% |
| Income quality (OCF / net income) | — | 0.97 | 1.22 | 0.69 | 1.23 | — | 2.75 | — | 2.19 | 2.80 |
| Financial health | ||||||||||
| Total debt | $891.1M | $826.5M | $747.9M | $887.6M | $871.4M | $1.12B | $1.23B | $532.9M | $197.5M | $307.0M |
| Cash & short-term investments | $29.8M | $29.6M | $21.4M | $33.7M | $30.1M | $88.3M | $45.2M | $30.2M | $64.0M | $55.3M |
| Net debt | $861.4M | $796.9M | $726.5M | $853.9M | $841.3M | $1.03B | $1.19B | $502.7M | $133.4M | $251.7M |
| Debt / equity | 1.48 | 1.38 | 1.33 | 2.11 | 2.74 | 5.60 | 1.90 | 0.84 | 0.27 | 0.50 |
| Debt / assets | 0.45 | 0.44 | 0.41 | 0.48 | 0.47 | 0.60 | 0.51 | 0.29 | 0.13 | 0.21 |
| Net debt / EBITDA | 12.16 | 3.88 | 2.86 | 3.09 | 3.27 | — | 6.89 | 6.68 | 0.65 | 1.49 |
| Current ratio | 1.02 | 1.10 | 1.06 | 0.91 | 0.82 | 0.86 | 1.04 | 1.14 | 1.97 | 1.60 |
| Quick ratio | 0.30 | 0.36 | 0.33 | 0.28 | 0.23 | 0.33 | 0.31 | 0.34 | 0.64 | 0.49 |
| Interest coverage | 1.6 | 10.7 | 10.4 | 15.0 | 6.7 | -2.1 | 1.8 | 0.0 | 7.7 | 7.3 |
| Working capital | $17.2M | $78.6M | $46.0M | −$79.7M | −$189.1M | −$123.0M | $31.3M | $123.1M | $416.6M | $316.1M |
| Invested capital | $1.46B | $1.40B | $1.29B | $1.27B | $1.16B | $1.23B | $1.83B | $1.14B | $852.4M | $864.8M |
| Tangible asset value | $404.8M | $413.7M | $364.3M | $210.7M | $95.9M | −$36.2M | $109.6M | $85.5M | $379.8M | $270.7M |
| Net current asset value | −$494.1M | −$452.3M | −$448.3M | −$578.9M | −$684.1M | −$880.6M | −$900.3M | −$226.7M | $76.3M | −$17.0M |
| Graham number | — | $35.88 | $42.10 | $37.05 | $26.72 | — | $23.83 | — | $28.29 | $22.56 |
| Graham net-net per share | −$27.79 | −$25.34 | −$24.29 | −$27.50 | −$28.99 | −$33.20 | −$32.78 | −$16.47 | −$7.32 | −$9.43 |
| Capital allocation | ||||||||||
| Dividends paid | $9.4M | $9.7M | $10.0M | $10.2M | $10.6M | $10.8M | $11.4M | $12.0M | $12.0M | $12.1M |
| Share buybacks (net) | $8.9M | $65.0M | $17.4M | $63.2M | $17.0M | $23.3M | $23.3M | $43.8M | $9.8M | $23.1M |
| Dividend payout ratio | — | 9.0% | 6.1% | 5.6% | 7.8% | — | 18.4% | — | 13.8% | 18.4% |
| Dividends + buybacks / free cash flow | 56.7% | 134.9% | 18.2% | 118.7% | 19.1% | 32.7% | 28.8% | 88.9% | 15.6% | 28.4% |
| Capex / revenue | 2.5% | 1.8% | 1.8% | 2.2% | 0.9% | 1.0% | 1.7% | 2.4% | 1.8% | 2.3% |
| Capex / operating cash flow | 67.7% | 47.0% | 24.8% | 50.9% | 14.3% | 17.5% | 29.4% | 51.6% | 26.7% | 32.4% |
| Capex / depreciation | 1.05 | 0.87 | 0.93 | 1.31 | 0.46 | 0.36 | 0.76 | 1.07 | 0.80 | 1.06 |
| Stock-based compensation / revenue | 0.5% | 0.6% | 0.5% | 0.6% | 0.4% | 0.4% | 0.4% | 0.5% | 0.4% | 0.3% |
| SG&A / revenue | 42.0% | 39.1% | 37.5% | 36.0% | 36.3% | 42.0% | 36.5% | 36.7% | 36.8% | 36.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 21.3 | 21.7 | 19.8 | 18.8 | 18.5 | 24.9 | 22.1 | 22.2 | 20.0 | 21.7 |
| Days of inventory on hand | 136.4 | 134.5 | 131.6 | 127.6 | 127.7 | 151.8 | 136.7 | 136.2 | 130.4 | 136.2 |
| Days payables outstanding | 49.7 | 59.5 | 56.6 | 60.9 | 72.0 | 75.1 | 61.3 | 64.1 | 60.9 | 60.6 |
| Cash conversion cycle (days) | 108.0 | 96.8 | 94.8 | 85.5 | 74.2 | 101.6 | 97.6 | 94.3 | 89.5 | 97.3 |
| Receivables turnover | 17.12 | 16.80 | 18.48 | 19.42 | 19.68 | 14.64 | 16.51 | 16.47 | 18.22 | 16.82 |
| Payables turnover | 7.35 | 6.14 | 6.45 | 6.00 | 5.07 | 4.86 | 5.96 | 5.70 | 6.00 | 6.02 |
| Inventory turnover | 2.68 | 2.71 | 2.77 | 2.86 | 2.86 | 2.40 | 2.67 | 2.68 | 2.80 | 2.68 |
| Asset turnover | 1.43 | 1.47 | 1.55 | 1.61 | 1.50 | 0.98 | 1.37 | 1.70 | 1.88 | 1.86 |
| Average receivables | $161.1M | $162.1M | $152.5M | $152.8M | $141.2M | $144.6M | $177.0M | $172.2M | $152.9M | $153.4M |
| Average payables | $214.1M | $244.5M | $240.9M | $280.7M | $306.0M | $273.8M | $291.7M | $294.6M | $269.7M | $252.1M |
| Average inventory | $587.9M | $553.0M | $560.4M | $588.5M | $542.4M | $553.2M | $650.8M | $626.3M | $577.6M | $566.3M |
| Intangibles / total assets | 10.4% | 10.1% | 11.3% | 11.7% | 12.3% | 12.9% | 22.2% | 29.9% | 22.8% | 23.3% |
Computed from CAL's annual financial statements (latest annual report filed April 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CAL valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 8.5 and the forward P/E is 7.7. Caleres earned a return on equity of −1.2% and a return on invested capital of 1.6% in fiscal 2026. It ended the year with $891.1 million of debt and $29.8 million in cash and short-term investments, net debt of $861.4 million. It returned $18.4 million to shareholders: $9.4 million in dividends and $8.9 million in share buybacks, 57% of free cash flow. The share count fell 22.6% from 42.2M to 32.6M over 9 years.
See the CAL income statement, the CAL chart for price history, or the CAL stock overview for the latest quote and news.
CAL key metrics FAQ
What is Caleres's P/E ratio?
Caleres's trailing P/E ratio is 8.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.7. At the end of fiscal 2026 it was —, compared with a 10-year median of 6.5.
What is Caleres's EV/EBITDA?
Caleres's enterprise value was 17.8 times EBITDA at the end of fiscal 2026 (enterprise value $1.3 billion, EBITDA $70.8 million); the current EV/EBITDA is 8.0.
What is Caleres's return on equity?
Caleres's return on equity (ROE) was −1.2% in fiscal 2026: net income of -$7.1 million on average shareholders' equity of $600.4 million.
What is Caleres's ROIC?
Caleres's return on invested capital was 1.6% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Caleres have?
Caleres had total debt of $891.1 million at the end of fiscal 2026, a debt-to-equity ratio of 1.48 and $861.4 million of net debt (12.16 times EBITDA).
What is Caleres's dividend yield?
Caleres's forward dividend yield is 2.16%. Caleres paid $9.4 million in dividends in fiscal 2026 ($0.29 per share), a payout ratio of —.
Does Caleres buy back its shares?
Yes. Caleres spent $8.9 million on net share repurchases in fiscal 2026 Shares outstanding changed −2.6% over the year, to 32.6M..
What is Caleres's free cash flow yield?
Caleres generated $32.4 million of free cash flow in fiscal 2026, a free cash flow yield of 8.1% on its market value at year-end ($398.9 million).
What is Caleres's current ratio?
Caleres's current ratio was 1.02 at the end of fiscal 2026: current assets were 1.02 times current liabilities.