Financial Snapshot

Revenue
$1.723B
TTM
Gross Margin
60.57%
TTM
Net Earnings
$110.9M
TTM
Current Assets
$1.267B
Q2 2024
Current Liabilities
$435.2M
Q2 2024
Current Ratio
291.15%
Q2 2024
Total Assets
$5.042B
Q2 2024
Total Liabilities
$2.401B
Q2 2024
Book Value
$2.641B
Q2 2024
Cash
P/E
88.53
Nov 29, 2024 EST
Free Cash Flow
$262.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $1.492B $1.243B $962.0M $727.9M
YoY Change 20.04% 29.19% 32.16%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $1.492B $1.243B $962.0M $727.9M
Cost Of Revenue $566.1M $493.0M $524.9M $328.3M
Gross Profit $925.8M $749.8M $437.1M $399.6M
Gross Profit Margin 62.05% 60.33% 45.44% 54.9%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $558.7M $366.7M $279.4M $224.8M
YoY Change 52.35% 31.25% 24.29%
% of Gross Profit 60.34% 48.91% 63.92% 56.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.41M $81.26M $54.89M $46.05M
YoY Change 2.65% 48.04% 19.2%
% of Gross Profit 9.01% 10.84% 12.56% 11.52%
Operating Expenses $627.2M $434.0M $319.2M $254.5M
YoY Change 44.53% 35.96% 25.42%
Operating Profit $298.6M $315.8M $117.9M $145.1M
YoY Change -5.46% 167.86% -18.75%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$141.1M -$62.50M -$10.30M -$20.20M
YoY Change 125.68% 506.8% -49.01%
% of Operating Profit -47.25% -19.79% -8.74% -13.92%
Other Income/Expense, Net -$3.850M -$2.800M -$1.700M $500.0K
YoY Change 37.5% 64.71% -440.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $153.7M $250.5M $105.9M $125.4M
YoY Change -38.66% 136.54% -15.55%
Income Tax $78.63M $63.40M $24.10M $24.10M
% Of Pretax Income 51.17% 25.31% 22.76% 19.22%
Net Earnings $75.02M $187.1M $81.80M $101.3M
YoY Change -59.91% 128.74% -19.25%
Net Earnings / Revenue 5.03% 15.06% 8.5% 13.92%
Basic Earnings Per Share
Diluted Earnings Per Share $0.40 $1.00 $0.44 $0.54

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $344.4M $307.1M $235.3M $96.20M
YoY Change 12.15% 30.51% 144.59%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $22.72M $13.00M $4.900M $5.600M
YoY Change 74.8% 165.31% -12.5%
Inventory $595.1M $535.6M $359.2M $211.7M
Prepaid Expenses
Receivables $88.93M $62.50M $54.50M $56.00M
Other Receivables $29.39M $41.80M $77.30M $10.70M
Total Short-Term Assets $1.081B $959.9M $731.2M $380.1M
YoY Change 12.57% 31.28% 92.37%
Property, Plant & Equipment $409.0M $318.5M $252.2M $208.9M
YoY Change 28.43% 26.29% 20.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $37.71M $20.70M $41.70M $18.70M
YoY Change 82.15% -50.36% 122.99%
Total Long-Term Assets $3.747B $3.829B $3.536B $423.5M
YoY Change -2.14% 8.27% 735.02%
Total Assets $4.827B $4.789B $4.268B $803.6M
YoY Change
Accounts Payable $79.56M $57.30M $66.40M $21.50M
YoY Change 38.84% -13.7% 208.84%
Accrued Expenses $38.65M $20.10M $17.20M $15.70M
YoY Change 92.26% 16.86% 9.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $64.35M $73.20M $64.00M $21.10M
YoY Change -12.09% 14.38% 203.32%
Total Short-Term Liabilities $378.6M $324.0M $261.7M $169.5M
YoY Change 16.85% 23.81% 54.4%
Long-Term Debt $1.890B $2.010B $1.859B $199.4M
YoY Change -5.94% 8.11% 832.15%
Other Long-Term Liabilities $48.40M $4.400M $3.700M $10.30M
YoY Change 1000.0% 18.92% -64.08%
Total Long-Term Liabilities $1.939B $2.014B $1.862B $209.7M
YoY Change -3.74% 8.13% 788.13%
Total Liabilities $2.427B $2.431B $2.203B $395.4M
YoY Change -0.16% 10.34% 457.18%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $9.8141 Billion

About Birkenstock Holding plc

Birkenstock Holding Plc engages in the manufacture and sale of footbed-based products. Birkenstock is a global brand, which has developed a unisex portfolio of footbed-based products, anchored by its Core Silhouettes, the Madrid, Arizona, Boston, Gizeh and Mayari. Its proprietary footbed, which reflects the anatomy of the human foot, represents the foundation of its brand and products. The company operates a vertically integrated manufacturing base and produce all its footbeds in Germany. In addition, it assembles the majority of its products in Germany and produce the remainder elsewhere in the European Union. The firm operates its channels, utilizing the business-to-business (B2B) channel to facilitate brand accessibility while fully engaging consumers in its direct-to-consumer (DTC) channel, which offers its complete product range and access to its silhouettes.

Industry: Footwear, (No Rubber) Peers: