SHOO vs TLF
Steven Madden, Ltd. and Tandy Leather Factory Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SHOO | TLF |
|---|---|---|
| Revenue | $2.5B | $76.3M |
| Net income | $49.0M | $9.1M |
| Gross margin | 41.4% | 57.0% |
| Net margin | 1.9% | 11.9% |
| Return on equity | 5.7% | 16.6% |
| Diluted EPS | $0.63 | $1.10 |
| Dividend / share | $0.84 | · |
| Payout ratio | 124.4% | 140.0% |
| Free cash flow | $119.5M | $-8.1M |
| Equity | $866.4M | $52.6M |
| Net debt / equity | 0.14× | · |
| Current ratio | 1.90× | 5.16× |
| Revenue CAGR 5y | 16.1% | 3.6% |
| Profit CAGR 5y | · | · |
SHOO bills 33.2× the revenue of TLF, and TLF keeps more of each dollar of revenue as profit (11.9% against 1.9%).
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 | SHOO | TLF |
|---|---|---|
| FY2025 | $2.5B | $76.3M |
| FY2024 | $2.3B | $74.4M |
| FY2023 | $2.0B | $76.2M |
| FY2022 | $2.1B | $80.3M |
| FY2021 | $1.9B | $82.7M |
| FY2020 | $1.2B | $64.1M |
| FY2019 | $1.8B | $74.9M |
| FY2018 | $1.7B | $83.2M |
| FY2017 | $1.6B | $82.4M |
| FY2016 | $1.4B | $82.9M |
Bottom line
| Fiscal year | SHOO | TLF |
|---|---|---|
| FY2025 | $49.0M | $9.1M |
| FY2024 | $175.9M | $827,000 |
| FY2023 | $174.0M | $3.8M |
| FY2022 | $217.2M | $1.2M |
| FY2021 | $192.5M | $1.4M |
| FY2020 | $-18.3M | $-4.9M |
| FY2019 | $141.7M | $-1.9M |
| FY2018 | $129.1M | $4.4M |
| FY2017 | $117.9M | $2.5M |
| FY2016 | $121.3M | $6.4M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,457,785,000 | SHOO |
| FY2024 | +$2,208,536,000 | SHOO |
| FY2023 | +$1,905,353,000 | SHOO |
| FY2022 | +$2,041,674,000 | SHOO |
| FY2021 | +$1,783,481,000 | SHOO |
| FY2020 | +$1,137,730,000 | SHOO |
| FY2019 | +$1,712,239,000 | SHOO |
| FY2018 | +$1,594,530,431 | SHOO |
| FY2017 | +$1,484,662,405 | SHOO |
| FY2016 | +$1,316,627,008 | SHOO |
| FY2015 | +$1,321,077,800 | SHOO |
| FY2014 | +$1,251,520,088 | SHOO |
| FY2013 | +$1,235,938,415 | SHOO |
| FY2012 | +$1,154,351,376 | SHOO |
| FY2011 | +$902,446,053 | SHOO |
| FY2010 | +$575,525,130 | SHOO |
| FY2009 | +$449,067,261 | SHOO |
SHOO 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 | −10.0 pp | TLF |
| FY2024 | +6.6 pp | SHOO |
| FY2023 | +3.8 pp | SHOO |
| FY2022 | +8.7 pp | SHOO |
| FY2021 | +8.7 pp | SHOO |
| FY2020 | +6.1 pp | SHOO |
| FY2019 | +10.5 pp | SHOO |
| FY2018 | +2.5 pp | SHOO |
| FY2017 | +4.6 pp | SHOO |
| FY2016 | +0.9 pp | SHOO |
| FY2015 | +0.5 pp | SHOO |
| FY2014 | −0.8 pp | TLF |
| FY2013 | +0.9 pp | SHOO |
| FY2012 | +2.0 pp | SHOO |
| FY2011 | +2.8 pp | SHOO |
| FY2010 | +5.0 pp | SHOO |
| FY2009 | +3.9 pp | SHOO |
The higher net margin has changed hands between SHOO 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 SHOO's over the 17 comparable fiscal years — 4.7 percentage points of standard deviation against 3.2.
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 SHOO and TLF over these 17 fiscal years — SHOO led in 15 and TLF in 2.
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 SHOO's over the 17 comparable fiscal years — 7.5 percentage points of standard deviation against 6.8.
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 SHOO and TLF over these 17 fiscal years — SHOO led in 16 and TLF in 1.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.