RCKY vs TLF
Rocky Brands, Inc. and Tandy Leather Factory Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | RCKY | TLF |
|---|---|---|
| Revenue | $482.0M | $76.3M |
| Net income | $22.3M | $9.1M |
| Gross margin | 40.9% | 57.0% |
| Net margin | 4.6% | 11.9% |
| Return on equity | 9.2% | 16.6% |
| Diluted EPS | $2.96 | $1.10 |
| Dividend / share | $0.62 | · |
| Payout ratio | 20.8% | 140.0% |
| Free cash flow | $9.7M | $-8.1M |
| Equity | $252.1M | $52.6M |
| Net debt / equity | 0.47× | · |
| Current ratio | 2.82× | 5.16× |
| Revenue CAGR 5y | 11.7% | 3.6% |
| Profit CAGR 5y | 1.2% | · |
RCKY bills 6.3× the revenue of TLF, and TLF keeps more of each dollar of revenue as profit (11.9% against 4.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | RCKY | TLF |
|---|---|---|
| FY2025 | $482.0M | $76.3M |
| FY2024 | $453.8M | $74.4M |
| FY2023 | $461.8M | $76.2M |
| FY2022 | $615.5M | $80.3M |
| FY2021 | $514.2M | $82.7M |
| FY2020 | $277.3M | $64.1M |
| FY2019 | $270.4M | $74.9M |
| FY2018 | $252.7M | $83.2M |
| FY2017 | $253.2M | $82.4M |
| FY2016 | $260.3M | $82.9M |
Bottom line
| Fiscal year | RCKY | TLF |
|---|---|---|
| FY2025 | $22.3M | $9.1M |
| FY2024 | $11.4M | $827,000 |
| FY2023 | $10.4M | $3.8M |
| FY2022 | $20.5M | $1.2M |
| FY2021 | $20.6M | $1.4M |
| FY2020 | $21.0M | $-4.9M |
| FY2019 | $17.5M | $-1.9M |
| FY2018 | $14.6M | $4.4M |
| FY2017 | $9.6M | $2.5M |
| FY2016 | $-2.1M | $6.4M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$405,652,000 | RCKY |
| FY2024 | +$379,381,000 | RCKY |
| FY2023 | +$385,604,000 | RCKY |
| FY2022 | +$535,140,000 | RCKY |
| FY2021 | +$431,566,000 | RCKY |
| FY2020 | +$213,225,000 | RCKY |
| FY2019 | +$195,490,000 | RCKY |
| FY2018 | +$169,490,431 | RCKY |
| FY2017 | +$170,776,405 | RCKY |
| FY2016 | +$177,334,592 | RCKY |
| FY2015 | +$185,140,823 | RCKY |
| FY2014 | +$202,811,257 | RCKY |
| FY2013 | +$166,586,146 | RCKY |
| FY2012 | +$155,816,426 | RCKY |
| FY2011 | +$173,865,823 | RCKY |
| FY2010 | +$192,899,393 | RCKY |
| FY2009 | +$175,002,836 | RCKY |
RCKY has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.3 pp | TLF |
| FY2024 | +1.4 pp | RCKY |
| FY2023 | −2.7 pp | TLF |
| FY2022 | +1.8 pp | RCKY |
| FY2021 | +2.4 pp | RCKY |
| FY2020 | +15.2 pp | RCKY |
| FY2019 | +9.0 pp | RCKY |
| FY2018 | +0.5 pp | RCKY |
| FY2017 | +0.8 pp | RCKY |
| FY2016 | −8.5 pp | TLF |
| FY2015 | −5.2 pp | TLF |
| FY2014 | −5.8 pp | TLF |
| FY2013 | −6.3 pp | TLF |
| FY2012 | −3.8 pp | TLF |
| FY2011 | −3.7 pp | TLF |
| FY2010 | −3.9 pp | TLF |
| FY2009 | −5.6 pp | TLF |
The higher net margin has changed hands between RCKY and TLF over this period.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TLF's net margin has been more volatile than RCKY's over the 17 comparable fiscal years — 4.7 percentage points of standard deviation against 1.9.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between RCKY and TLF over these 17 fiscal years — RCKY led in 7 and TLF in 10.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TLF's return on equity has been more volatile than RCKY's over the 17 comparable fiscal years — 7.5 percentage points of standard deviation against 3.4.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between RCKY and TLF over these 17 fiscal years — RCKY led in 7 and TLF in 10.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.