Birkenstock Holding PLC

BIRK Consumer Cyclical Footwear & Accessories

Birkenstock Holding PLC’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, up 18.6% from fiscal 2024. In the quarter to June 2026, revenue grew 16.1%, EPS fell 10.3%, free cash flow fell 3.15% and total debt rose 45.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

32.57 1.11 −3.30%
Market cap
$6.0B
P/E
15.3×
Fwd P/E
16.3×
Dividend yield
—
F-score
9/9
Altman Z
3.27
Beneish M
−2.22
Dividend safety
n/a

Insider Decisions trades per month

Total sells 1,106.60
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 — 1 — —
Insider Ownership 57.10%

Capital & Financial Ratios $m

Market Cap 5,990.00
Revenue 2,637.58
Net Income 377.97
Free Cash Flow 326.83
Net Debt 1,375.64
Current Ratio 3.78 (at or above 1.5: strong)
Debt/Equity 0.67
P/E ratio 15.27
Fwd P/E 16.30
P/S ratio 2.24
P/B ratio 1.81
Past 5Y EPS Growth —
This Y EPS Growth 6.24%
Next Y EPS Growth 24.18% (at or above 15%: strong)
Next Y revenue growth 13.67% (at or above 10%: strong)
Next 5Y EPS Growth 15.93% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 3.02%
10-year low 10-year high
P/S against its own 10 years 1.97%
10-year low 10-year high
P/B against its own 10 years 2.62%
10-year low 10-year high
EV/Sales against its own 10 years 1.97%
10-year low 10-year high
EV/FCF against its own 10 years 42.91%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 368 386 364 806
Receivables 109 136 185 334
Inventory 636 678 780 981
Other 42 62 83 72
1,155 1,262 1,411 2,193
2023 2024 2025 Q'26
Payables 131 148 151 204
ST’ Debt 40 27 19 11
Other 71 78 130 181
405 486 502 580

Compound Annual Growth %

10y 5y 3y
Sales — — 19.98%
Cash Flow — — 33.28%
Earnings — — 24.03%
Book Value — — 9.26%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Dec Mar Jun Sep Year
’26 0.31 0.52 0.70 — —
’25 0.12 0.59 0.78 0.60 2.06
’24 (0.04) 0.41 0.40 0.31 1.11
’23 — (0.13) 0.38 (0.16) 0.44
’22 — — 0.32 0.32 1.11
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 468 724 837 — —
’25 386 605 721 609 2,321
’24 326 522 608 501 1,958
’23 — 183 515 408 1,594
’22 — — 403 324 1,344
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 (33) 33 287 — —
’25 (12) (19) 293 163 425
’24 — 5 303 157 465
’23 — — 223 383 383
’22 — — 112 121 180
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (77) 8 257 — —
’25 (32) (41) 265 140 331
’24 — (35) 284 137 385
’23 — — 223 275 274
’22 — — 112 121 180
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Price, $
Price, $ Low — — — — — — — 35.83 41.00 38.16 +3.2% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
High — — — — — — — 52.12 64.78 62.66 +9.6% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
People
People Employees — — — — — — 6,200 6,300 7,400 8,400 +10.7% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Revenue/emp, $m — — — — — 0.00 0.22 0.25 0.26 0.28 n/m ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Income, $m
Income, $m Revenue — — — — — 1,150 1,344 1,594 1,958 2,321 +19.2% 2,638 3,001 3,387 +13.4%
Gross margin, % — — — — — 41.30 54.91 62.05 58.77 59.11 +17.8 pt
EBT — — — — — 127 271 164 319 520 +42.3%
EBT margin, % — — — — — 11.04 20.16 10.30 16.28 22.41 +11.4 pt
Net income — — — — — 98 0 80 208 385 +40.8%
Depreciation — — — — — 66 88 89 110 126 +17.6%
Per share, $
Per share, $ Revenue — — — — — 6.28 7.34 8.73 10.44 12.44 +18.6%
Earnings — — — — — 0.54 1.11 0.44 1.11 2.06 +39.8%
Cash flow — — — — — 1.15 0.98 2.10 2.48 2.28 +18.7%
Capex — — — — — 0.00 0.00 (0.60) (0.43) (0.50) n/m
Free cash flow — — — — — 1.15 0.98 1.50 2.05 1.78 +11.5%
Book value — — — — — 13.08 12.62 14.04 15.18 16.15 +5.4%
Shares, m — — — — — 183 183 183 188 187 +0.5%
Valuation, ×
Valuation, × P/E — — — — — 89.33 89.33 89.33 45.64 21.65 67.1
P/S — — — — — 4.71 4.71 4.71 4.72 3.64 4.5
P/B — — — — — 2.94 2.94 2.94 3.25 2.80 3.0
EV/Sales — — — — — 5.78 5.78 5.78 5.27 4.10 5.3
EV/FCF — — — — — 11.04 11.04 11.04 15.42 28.69 15.4
Cash, $m
Cash, $m Operating cash flow — — — — — 210 180 383 465 425 +19.3%
Capex — — — — — (25) (78) (110) (80) (94) +38.9%
Free cash flow — — — — — 210 180 274 385 331 +12.1%
Balance, $m
Balance, $m Working capital — — — — — 544 623 750 776 909 +13.7%
Total debt — — — — — 2,228 2,041 2,090 1,451 1,432 (10.5%)
Net debt — — — — — 1,955 1,740 1,722 1,065 1,068 (14.0%)
Shareholders’ equity — — — — — 2,393 2,310 2,566 2,848 3,013 +5.9%
Returns, %
Returns, % ROA — — — — — 0.00 8.17 1.59 3.97 7.16 +7.2 pt
ROIC — — — — — 0.00 0.00 4.06 7.30 9.31 +9.3 pt
ROE — — — — — 0.00 8.59 3.29 7.68 13.15 +13.2 pt
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Birkenstock Holding PLC vs peers in Footwear & Accessories (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NKE NIKE, Inc. $56.9B 17.9× 29.9× −4.33% (below 0%: shrinking) −2.04% (below 0%: shrinking) −526.67% (below 0%: shrinking) 42.79% 7.92% Compare
DECK Deckers Outdoor Corporation $11.6B 11.5× 10.4× +5.70% (above 0%: growing) +1.08% (above 0%: growing) +167.59% (above 0%: growing) 56.41% 15.23% Compare
ONON On Holding AG $11.2B 41.5× 21.7× +18.47% (above 0%: growing) n/m +151.45% (above 0%: growing) 65.35% 14.04% Compare
BIRK Birkenstock Holding PLC $6.0B 15.3× 16.3× +16.05% (above 0%: growing) −10.26% (below 0%: shrinking) −3.15% (below 0%: shrinking) 59.05% 28.22%
CROX Crocs, Inc. $5.8B 10.2× 9.1× +2.62% (above 0%: growing) n/m +22.93% (above 0%: growing) 59.41% 24.22% Compare
SHOO Steven Madden, Ltd. $3.3B 21.4× 16.3× +19.12% (above 0%: growing) n/m +233.50% (above 0%: growing) 46.50% 5.90% Compare
WWW Wolverine World Wide, Inc. $1.7B 15.8× 12.5× +6.79% (above 0%: growing) +15.62% (above 0%: growing) +104.37% (above 0%: growing) 46.47% 9.34% Compare
WEYS Weyco Group, Inc. $495.1M 13.8× 6.9× +6.86% (above 0%: growing) +487.50% (above 0%: growing) −31.69% (below 0%: shrinking) 70.37% 27.36% Compare
FOSL Fossil Group, Inc. $387.4M — (loss-making) — (loss-making) −4.86% (below 0%: shrinking) n/m −130.01% (below 0%: shrinking) 62.38% 1.53% Compare
Median of peers $4.5B 15.8× 12.5× +6.25% +8.35% +63.65% 57.91% 11.69%

All 14 Footwear & Accessories stocks →

Birkenstock Holding PLC (BIRK) Latest News

stockrow.com/BIRK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com