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Held by 312 of 6,047 reporting institutions (94th percentile) — extremely crowded.
Data as of Q2 2026
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What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 30% of free cash flow, leaving room to grow it and fund buybacks. Last year: $65.5M dividends + $201.1M buybacks = $266.6M returned on $216.7M FCF.
1 consecutive years of dividend increases · 7%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 10%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-14
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it. This year they exceeded net income, so the ribbons are capped at earnings and understate what was actually returned.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.40B 100.0% | $3.37B 100.0% | $3.49B 100.0% | $3.46B 100.0% | $3.13B 100.0% | $2.50B 100.0% | $3.04B 100.0% | $2.80B 100.0% | $2.47B 100.0% | $2.38B 100.0% |
| Cost of Revenue | $1.68B 49.5% | $1.68B 49.8% | $1.76B 50.4% | $1.75B 50.6% | $1.51B 48.4% | $1.28B 51.1% | $1.53B 50.2% | $1.42B 50.5% | $1.31B 53.0% | $1.27B 53.3% |
| Cost of Products | — | — | — | — | — | — | — | — | $1.31B 53.0% | $1.27B 53.3% |
| Gross Profit | $1.72B 50.5% | $1.69B 50.2% | $1.73B 49.6% | $1.71B 49.4% | $1.61B 51.6% | $1.22B 48.9% | $1.52B 49.8% | $1.39B 49.5% | $1.16B 47.0% | $1.11B 46.7% |
| Selling, General & Admin | $1.50B 44.2% | $1.44B 42.9% | $1.42B 40.6% | $1.30B 37.7% | $1.18B 37.8% | $1.08B 43.2% | $1.14B 37.3% | $1.05B 37.5% | $910.9M 36.9% | $864.1M 36.4% |
| Operating Income | $207.0M 6.1% | $270.7M 8.0% | $310.3M 8.9% | $393.1M 11.3% | $450.5M 14.4% | $137.0M 5.5% | $395.0M 13.0% | $351.0M 12.5% | $263.0M 10.7% | $256.5M 10.8% |
| Other Income (Expense), net | $4.7M 0.1% | -$257K -0.0% | $2.2M 0.1% | $1.6M 0.0% | -$373K -0.0% | $2.0M 0.1% | $2.2M 0.1% | -$141K -0.0% | -$321K -0.0% | -$572K -0.0% |
| Pretax Income | $229.6M 6.8% | $298.2M 8.9% | $326.2M 9.4% | $397.4M 11.5% | $451.5M 14.4% | $139.5M 5.6% | $405.4M 13.3% | $360.7M 12.9% | $266.7M 10.8% | $256.9M 10.8% |
| Income Tax Expense | $52.4M 1.5% | $74.9M 2.2% | $74.8M 2.1% | $86.0M 2.5% | $97.4M 3.1% | $31.5M 1.3% | $74.9M 2.5% | $85.8M 3.1% | $154.4M 6.3% | -$58.5M -2.5% |
| Net Income | $177.2M 5.2% | $223.3M 6.6% | $251.4M 7.2% | $311.4M 9.0% | $354.1M 11.3% | $108.0M 4.3% | $330.5M 10.9% | $268.3M 9.6% | $105.1M 4.3% | $191.9M 8.1% |
| Per Share | ||||||||||
| EPS (Basic) | $3.24 | $3.83 | $4.11 | $4.96 | $5.37 | $1.63 | $4.87 | $3.85 | $1.51 | $2.75 |
| EPS (Diluted) | $3.24 | $3.82 | $4.09 | $4.95 | $5.33 | $1.62 | $4.83 | $3.81 | $1.49 | $2.72 |
| Weighted Avg Shares (Basic) | 54.7M | 58.3M | 61.2M | 62.8M | 65.9M | 66.4M | 67.8M | 69.6M | 69.8M | 69.7M |
| Weighted Avg Shares (Diluted) | 54.8M | 58.5M | 61.4M | 63.0M | 66.4M | 66.8M | 68.5M | 70.4M | 70.5M | 70.6M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
Ranked against 13 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-06-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CTAS | $82.8B | 47.4× | 29.8× | 8.0× | 7.7% | 50.0% | 17.5% | 38.7% | 25.5% | 0.8× | 1,372 |
| RL | $22.4B | 24.8× | 15.3× | 2.8× | 14.6% | 69.9% | 11.6% | 33.1% | 23.1% | -0.5× | 776 |
| LULU | $10.9B | 7.1× | 4.0× | 1.0× | 4.9% | 56.6% | 14.2% | 31.8% | 31.8% | 0.0× | 835 |
| LEVI | $7.5B | 13.5× | 8.8× | 1.2× | 4.1% | 61.7% | 9.2% | 25.4% | 17.4% | 0.3× | 306 |
| VFC | $6.3B | 25.1× | — | 0.7× | 1.1% | 54.8% | 2.7% | 13.8% | 4.7% | — | 544 |
| KTB | $3.8B | 17.2× | 12.7× | 1.2× | 20.9% | 45.2% | 7.2% | 40.3% | 13.3% | 2.8× | 416 |
| PVH | $3.8B | 156.8× | 10.7× | 0.4× | 3.4% | 57.5% | 0.3% | 0.5% | 0.4% | 3.2× | 374 |
| FIGS | $3.1B | 98.0× | 63.9× | 4.9× | 13.6% | 66.5% | 5.4% | 7.8% | 7.8% | -1.7× | 232 |
| COLM | $3.0B | 17.8× | 9.5× | 0.9× | 0.9% | 50.5% | 5.2% | 10.4% | 10.4% | -1.7× | 312 |
| GIII | $1.2B | 18.2× | 5.9× | 0.4× | -7.0% | 39.4% | 2.3% | 3.8% | 3.8% | -3.0× | 237 |
| CRI | $1.2B | 12.4× | 6.3× | 0.4× | 1.9% | 45.4% | 3.2% | 9.9% | 6.2% | 0.4× | 276 |
| OXM | $390M | — | 20.0× | 0.3× | -2.6% | 60.7% | -1.9% | -5.4% | -4.4% | 4.3× | 188 |
| JILL | $360M | 13.3× | — | 0.6× | -2.3% | 68.7% | 4.7% | 23.0% | 14.3% | — | 82 |
| SGC | $208M | 28.4× | — | 0.4× | 0.1% | 37.6% | 1.2% | 3.6% | 2.4% | — | 106 |
Peers = companies sharing COLM's sector (Apparel & Other Finishd Prods of Fabrics & Similar Matl) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 3 positive fiscal years (FY2023, FY2024, FY2025). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $57.70 today, the market must believe free cash flow compounds -12.8%/yr for a decade (off $409.9M on the 3-yr avg basis).
On the basis ($385.9M) the requirement is -12.0%/yr. Shares issued to employees are added back in operating cash flow, so this basis treats them as free.
The market's -12.8% is more conservative than its 9-yr track record.
Default is 7.7% — this company's computed cost of capital (computed WACC), the same rate the Analysis tab discounts at.
2-stage DCF · 0.05B shares (market data) · net debt -$442.0M
Today's price is outside this grid at every discount rate shown — the assumptions it requires lie beyond the plotted range, which is itself the finding.
mean -17.7% · volatility σ 56% · implied rate exceeded in 3/8 yrs
Central path = implied -12.8%/yr growth; shaded band = ±1σ (56%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
EOD close · as of 2026-10-14
Earns 1.14pts above its cost of capital, but margins are compressing.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | 46.7% | 10.8% | 8.1% |
| FY2017 | 47.0% | 10.7% | 4.3% |
| FY2018 | 49.5% | 12.5% | 9.6% |
| FY2019 | 49.8% | 13.0% | 10.9% |
| FY2020 | 48.9% | 5.5% | 4.3% |
| FY2021 | 51.6% | 14.4% | 11.3% |
| FY2022 | 49.4% | 11.3% | 9.0% |
| FY2023 | 49.6% | 8.9% | 7.2% |
| FY2024 | 50.2% | 8.0% | 6.6% |
| FY2025 | 50.5% | 6.1% | 5.2% |
The spread is 1.14pts and would invert under a ±2% move in WACC, so the verdict rests on the cost-of-capital assumption rather than on the business.
Where each multiple sits in its own 14-yr range · 25th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE 10% against ROIC 10% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 50.5 | 50.2 | 51.1 | 48.4 | 50.6 | 50.4 | 49.8 | 49.5 |
| Gross Profit | 49.5 | 49.8 | 48.9 | 51.6 | 49.4 | 49.6 | 50.2 | 50.5 |
| SG&A | 37.5 | 37.3 | 43.2 | 37.8 | 37.7 | 40.6 | 42.9 | 44.2 |
| Operating Income | 12.5 | 13.0 | 5.5 | 14.4 | 11.3 | 8.9 | 8.0 | 6.1 |
| Income Tax | 3.1 | 2.5 | 1.3 | 3.1 | 2.5 | 2.1 | 2.2 | 1.5 |
| Net Income | 9.6 | 10.9 | 4.3 | 11.3 | 9.0 | 7.2 | 6.6 | 5.2 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on COLM: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Return on equity (10%) and return on invested capital (10%) are within a couple of points in FY2025, so the headline return is the operating return — there is no meaningful leverage effect to strip out.
$6M of goodwill — 0% of invested capital. The gap is what was paid above the fair value of what was bought; it is real capital shareholders provided, so neither bar is the whole answer.
| Period | ROIC | Cost of capital | Spread |
|---|---|---|---|
| FY2019 | 18.2% | 7.7% (today's — no rate published for this year) | 10.5pts |
| FY2020 | 6.9% | 7.7% (today's — no rate published for this year) | -0.8pts |
| FY2021 | 20.6% | 7.7% (today's — no rate published for this year) | 12.9pts |
| FY2022 | 15.4% | 7.7% (today's — no rate published for this year) | 7.7pts |
| FY2023 | 11.5% | 7.7% (today's — no rate published for this year) | 3.8pts |
| FY2024 | 11.7% | 7.7% (today's — no rate published for this year) | 4.0pts |
| FY2025 | 8.7% | 7.7% (today's — no rate published for this year) | 1.0pts |
| Now | 10.4% | 7.7% | 2.7pts |
Converts 1.22x of reported profit into cash — adequate, without much margin.
| Step | Amount | Running total |
|---|---|---|
| Net income | $177M | $177M |
| Share-based comp | $24M | $201M |
| Other non-cash & working capital | $81M | $283M |
| Operating cash flow | $283M | $283M |
| Capex | −$66M | $217M |
| Free cash flow | $217M | $217M |
| FCF after SBC | $192M | $192M |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2020 | -17.8% | -7.2% | 10.6 points |
| FY2021 | 25.0% | 7.7% | -17.3 points |
| FY2022 | 10.8% | 12.3% | 1.4 points |
| FY2023 | 0.7% | -22.7% | -23.4 points |
| FY2024 | -3.4% | -1.3% | 2.1 points |
| FY2025 | 0.8% | -3.4% | -4.3 points |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2019 | 58.6 days | 144.9 days | 61 days | 142.4 days |
| FY2020 | 66.1 days | 159 days | 59 days | 166 days |
| FY2021 | 56.9 days | 155.6 days | 68.3 days | 144.2 days |
| FY2022 | 57.7 days | 214.1 days | 67.1 days | 204.7 days |
| FY2023 | 44.3 days | 155 days | 49 days | 150.3 days |
| FY2024 | 45.2 days | 150.2 days | 83.9 days | 111.6 days |
| FY2025 | 43.3 days | 149.7 days | 83.7 days | 109.3 days |
| Fiscal year | Accruals / assets |
|---|---|
| FY2019 | 1.5 percent |
| FY2020 | -5.9 percent |
| FY2021 | -0.0 percent |
| FY2022 | 11.0 percent |
| FY2023 | -13.1 percent |
| FY2024 | -9.0 percent |
| FY2025 | -3.6 percent |
Reported free cash flow is $217M; after share-based compensation it is $192M. The difference is a real cost that the cash flow statement adds back.
Debt is present but there is no positive EBITDA or no reported interest expense, so coverage cannot be measured.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
Missing from our data, so excluded from this answer: interest_expense.
At $57.70, free cash flow must compound -10.44%/yr for 10 years. It has done 4.98%/yr over 6 years, though across a reporting-basis change.
| Fiscal year | FCF growth | Price requires |
|---|---|---|
| FY2020 | 52.7% | −10.4% |
| FY2021 | 29.3% | −10.4% |
| FY2022 | −126.2% | −10.4% |
| FY2024 | −25.9% | −10.4% |
| FY2025 | −49.7% | −10.4% |
The achieved growth rate spans a reporting-basis change in FY2023, so part of it measures the restatement rather than the business.
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2025) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.