Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Rocky Brands, Inc.

RCKYNASDAQ
Wall Street Score · overall investment37/100
$49.69USD+$5.12 (+11.49%)
Company website www.rockybrands.com
Headquarters39 East Canal Street, Nelsonville, OH, 45764, US
Financial statement currencyUSD · no FX conversion applied
Consumer Cyclical · Apparel - Footwear & Accessories
Price updated todayFinancials updated Oct 27, 2026

RCKY · Price history

Price at last available close

$49.69

+$4.25 (+9.35%) 1M

2026-10-28

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Company & revenue

About Rocky Brands, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Rocky Brands, Inc. is engaged in the comprehensive process of designing, manufacturing, and distributing footwear and apparel globally, spanning markets in the United States, Canada, and internationally. The company boasts an extensive brand portfolio, featuring its owned names such as Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, and Ranger, in addition to products under a licensed Michelin brand. Its operations are structured into three main divisions: Wholesale, Retail, and Contract Manufacturing.

How they make money

Rocky Brands designs, manufactures, and markets premium footwear and apparel through wholesale, retail, and contract manufacturing channels. The company generates revenue by selling products to a diverse range of retail partners, directly to consumers via e-commerce and company-owned stores, and by fulfilling government and private label footwear contracts.

Products & services

The company offers a portfolio of footwear, apparel, and accessories across six target markets: work, outdoor, western, commercial military, duty, and military.

Brands & revenue mix

The Original Muck Boot Company

Premium footwear brand.

Separate brand revenue is not available in this research.Source

XTRATUF

Premium footwear brand.

Separate brand revenue is not available in this research.Source

Rocky

Premium footwear, apparel, and accessories brand.

Separate brand revenue is not available in this research.Source

Durango

Footwear brand.

Separate brand revenue is not available in this research.Source

Georgia Boot

Footwear brand.

Separate brand revenue is not available in this research.Source

Lehigh

Safety shoe brand.

Separate brand revenue is not available in this research.Source

Ranger

Footwear brand.

Separate brand revenue is not available in this research.Source

Michelin

Licensed footwear brand.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Contract Manufacturers — The company utilizes various third-party contract manufacturers to produce its footwear and apparel products; specific supplier names are not disclosed.Source

Business relationships & partnerships

  • Michelin — The company maintains a licensing agreement to market footwear under the Michelin brand name.Source

Strengths

  • Portfolio of well-recognized brand namesSource
  • Diverse distribution channels including wholesale, retail, and contract manufacturingSource

Risks

  • Dependence on winning competitive bids for U.S. Military and private label contractsSource
  • Reliance on third-party contract manufacturers for productionSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

37

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

58

Fair

Financial Strength

73

Business Quality / Moat

37

Management

71

Growth Quality

38

Risk / Durability

67

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

30

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

37/100

Building Historical Record

Model Score 37/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for RCKY

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can RCKY maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is RCKY's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is RCKY's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify RCKY's current valuation?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

37

0–100 · Weak

Opportunity Score

30

0–100 · Poor

Market Cap

$372.3M

P/E Ratio

11.9

EPS

$3.84

52-Week High

$53.01

52-Week Low

$27.22

Beta

2.39

Intrinsic Value

$32.64

Analyst Target

$50.00

Shares Outstanding

7.5M

Total Revenue

$505.0M

Total Debt

$130.0M

Dividend Yield (TTM)

1.31%

View dividend history

Liquidation Value / Share

$35.01

Estimated net asset value per share

Dividend / Share (TTM)

$0.65

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
76/ 100
+20 pts / 5d

Building upward momentum

5D +7.3% · 20D +11.2% · RSI 65 · Price vs 20D avg +7.6%
Volatility
50/ 100
+30 pts / 5d

Normal movement

20D realized vol 48.1% · 60D 32.5% · Acceleration 1.48x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for RCKY

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on RCKY.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Portfolio of well-recognized brand names.
  • +Diverse distribution channels including wholesale, retail, and contract manufacturing.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Apparel - Footwear & Accessories industry.
  • −Dependence on winning competitive bids for U.S. Military and private label contracts.
  • −Reliance on third-party contract manufacturers for production.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak37/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

37

Tap for breakdown →

Strong

86

Debt Cost7.9%
Debt Reduction YoY5.9%
Debt / Equity0.50x

Tap for breakdown →

Poor

32

Revenue YoY4.8%
Revenue CAGR2.2%
Net Margin5.7%

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Fair

51

Asset Growth YoY4.4%
Liquidation/Share$35.01
Net Assets/MCap1.05x

Tap for breakdown →

Poor

36

Earnings Yield8.4%
Buyback Yield0.0%
Debt Cost7.9%

Tap for breakdown →

Strong

71

ROIC7.8%
ROE10.9%
ROA5.9%

Tap for breakdown →

Poor

37

EPS Growth23.4%
FCF/Share Growth-22.1%
Rev/Share Growth4.7%

Tap for breakdown →

Poor

26

Intrinsic Value$32.64
Value Reference$19.58
MOS-40.1%

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Fair

54

Revenue32
Moat37
Valuation26

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Poor

0

MOS %-40.1%
Value Reference$19.58
Deep Discount Reference$13.06

Tap for breakdown →

Poor

15

Interest Coverage3.7x
ROIC7.8%
FCF Yield2.8%

Tap for breakdown →

Poor

30

Financial15
Valuation26
Debt86

Tap for breakdown →

Weak

40

Survival Years0.0 yrs
Current Ratio2.82x
FCF Margin2.0%

Tap for breakdown →

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Score Changes

4 historical score records available

Previous Score

37

Oct 15, 2026

Change

Unchanged

Current Score

37

Oct 27, 2026

Category Changes

Revenue-0.3
Debt0
Assets-0.2
Capital0
Management0
Moat0
Valuation0
Buffett0

RCKY score was unchanged.

Projected Score

Projected Score

41

Projected Change

+4.0 points

Preliminary comparable-period financial changes suggest improvement of approximately 4.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$49.69

Model Intrinsic Value

$32.64

Difference

+$17.05

+52.2% vs IV

Margin of Safety

-52.2%

UndervaluedFair ValueOvervalued
Value Reference: $19.58
Deep Discount Reference: $13.06

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$200M$400M$600M$800M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$80M-$40M$0$40M$80M

Total Debt

201520172019202120232025$0$70M$140M$210M$280M

Total Assets

201520172019202120232025$0$200M$400M$600M$800M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$505.0M$482.0M$453.8M$461.8M····························
Cost of Revenue$291.8M$284.7M$274.8M$283.2M····························
Gross Profit$213.2M$197.3M$179.0M$178.6M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$36.1M$0.00$137.4M$136.1M····························
Operating Expenses$168.6M$160.1M$147.9M$143.2M····························
EBITDA$64.3M$47.0M$41.3M$46.3M····························
Operating Income$44.6M$37.2M$31.1M$35.4M····························
Interest Expense$18.9M$10.0M$17.0M$21.2M····························
Income Before Tax$35.5M$27.2M$14.1M$14.2M····························
Income Tax Expense$6.6M$4.9M$2.7M$3.7M····························
Net Income$28.9M$22.3M$11.4M$10.4M····························
Basic EPS$3.84$2.98$1.53$1.42····························
Basic Shares7.52M7.47M7.44M7.36M····························
Diluted Shares7.61M7.53M7.48M7.38M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$118.4M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$1.82

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-3.5%

Cash Change

-5.5%

Margin Change

+8.3 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included revenue growth, EPS growth, debt levels, net income margin. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 12.0%. EPS increased 279.2%. Cash declined 5.5%. Total debt declined 3.5%. Net income margin improved by 8.3 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

4 historical records
Jul 24, 26Oct 1, 26Oct 15, 26Oct 27, 260255075100

Historical Score Chart

3 of 4 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 1 more record and the complete score history.Start Free Trial

Wall Street Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Debt Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Revenue Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Asset Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Capital Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Management Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Moat Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Valuation Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Buffett Score

Oct 1, 26Oct 15, 26Oct 27, 260255075100

Intrinsic Value

Oct 1, 26Oct 15, 26Oct 27, 26$30.00$31.00$32.00$33.00$34.00

Value Reference

Oct 1, 26Oct 15, 26Oct 27, 26$17.00$18.00$19.00$20.00$21.00

Margin of Safety %

Oct 1, 26Oct 15, 26Oct 27, 26-0.4%-0.4%-0.4%-0.4%-0.4%

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News

Rumor Mill · RCKY

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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