The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands in the United States. The company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise comprising the BKE, Buckle Black, Ace High, Daytrip, Departwest, FITZ + EDDI, Freshwear, Gentry Country, Gilded Intent, Gimmicks, J.B. Holt, Maven Co-op, Modish Rebel, Nova Industries, Outpost Makers, Reclaim, Salvage, Sterling & Stitch, Veece, Willow & Root, 33 Coastal, and Funk Lagoon brands. It also provides services, such as hemming, gift-packaging, layaways, a guest loyalty program, the Buckle private label credit card, personalized stylist services, and a special-order system that allows stores to obtain specifically requested merchandise from other company stores or from its online order fulfillment center. The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was incorporated in 1948 and is headquartered in Kearney, Nebraska.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $1.3B | $287M | $210M | $206M | 49.4% | 6.6% | 7.3% |
| 2025 | $1.2B | $264M | $195M | $200M | 46.1% | -3.4% | -11.1% |
| 2024 | $1.3B | $292M | $220M | $217M | 53.2% | -6.3% | -13.6% |
| 2023 | $1.3B | $347M | $255M | $212M | 67.7% | - | - |
| 2022 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,345.19 | 1,261.10 | 1,217.69 | 1,297.84 |
| Operating Revenue | - | 1,345.19 | 1,261.10 | 1,217.69 | 1,297.84 |
| Cost Of Revenue | - | 669.18 | 642.04 | 624.90 | 661.98 |
| Gross Profit | - | 676 | 619.07 | 592.79 | 635.86 |
| Operating Expense | - | 347.87 | 348.01 | 351.42 | 374.41 |
| Selling General And Administration | - | 347.87 | 348.01 | 351.42 | 374.41 |
| Total Expenses | - | 1,017.06 | 990.04 | 976.32 | 1,036.39 |
| Operating Income | - | 328.13 | 271.06 | 241.36 | 261.44 |
| Total Operating Income As Reported | - | 328.13 | 271.06 | 241.36 | 261.44 |
| EBITDA | - | 346.99 | 291.89 | 264.36 | 286.86 |
| Normalized EBITDA | - | 346.99 | 291.89 | 264.36 | 286.86 |
| EBIT | - | 328.13 | 271.06 | 241.36 | 261.44 |
| Other Non Operating Income Expenses | - | 6.92 | 18.16 | 16.41 | 14.68 |
| Other Income Expense | - | 6.92 | 18.16 | 16.41 | 14.68 |
| Pretax Income | - | 335.06 | 289.21 | 257.78 | 276.12 |
| Tax Provision | - | 80.43 | 69.30 | 62.31 | 66.38 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Net Income From Continuing And Discontinued Operation | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Net Income From Continuing Operation Net Minority Interest | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Net Income | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Net Income Common Stockholders | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Net Income Including Noncontrolling Interests | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Normalized Income | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Diluted NI Availto Com Stockholders | - | 254.63 | 219.92 | 195.47 | 209.74 |
| Basic Average Shares | - | 49.27 | 49.58 | 49.92 | 50.27 |
| Diluted Average Shares | - | 49.63 | 49.96 | 50.31 | 50.70 |
| Reconciled Depreciation | - | 18.86 | 20.83 | 22.99 | 25.42 |
| Reconciled Cost Of Revenue | - | 669.18 | 642.04 | 624.90 | 661.98 |
| General And Administrative Expense | - | 53.98 | 56.99 | 58.25 | 65.94 |
| Other Gand A | - | 53.98 | 56.99 | 58.25 | 65.94 |
| Selling And Marketing Expense | - | 293.89 | 291.02 | 293.18 | 308.48 |
| Average Dilution Earnings | - | - | 0 | 0 | 0 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Buckle, Inc.this co. | BKE | $2.2B | 10.70β discount | 5.28 | 49.4% | 8.21 |
| OneSpaWorld Holdings Limited | OSW | $2.4B | 34.02 | 4.49 | 13.2% | 23.48 |
| Under Armour, Inc. | UAA | $2.4B | -4.80 | 1.68 | -35.0% | 54.01 |
| Mister Car Wash, Inc. | MCW | $2.3B | 22.65 | 2.06 | 9.1% | 14.16 |
| LCI Industries | LCII | $2.3B | 12.39 |
| - |
| - |
| - |
| - |
| - |
| 1.71 |
| 13.8% |
| 8.12 |
| Under Armour, Inc. | UA | $2.3B | -4.65 | 1.63 | -35.0% | 53.04 |
| Shake Shack Inc. | SHAK | $2.3B | 49.93 | 4.35 | 8.7% | 15.39 |
| HNI Corporation | HNI | $2.2B | 39.98 | 1.18 | 3.0% | 15.21 |
| Monarch Casino & Resort, Inc. | MCRI | $2.2B | 21.35 | 4.03 | 18.9% | 11.47 |
| Peer Median | - | 22.00 | 1.89 | 8.9% | 15.30 | |