Designer Brands Inc.
DBI Consumer Cyclical Footwear & Accessories
Designer Brands Inc.’s revenue for fiscal 2026 (year ended January 2026) was $2.9 billion, down 3.87% from fiscal 2025. In the quarter to July 2026, revenue fell 1.23%, EPS grew 40.9%, free cash flow grew 385.7% and total debt fell 18.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
Follow DBI
Designer Brands Inc. (DBI) Piotroski F-score
Designer Brands Inc.'s Piotroski F-score for fiscal 2026 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, up from 3 in fiscal 2025.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 6 | 3.00 |
| FY2025 | 3 | (2.00) |
| FY2024 | 5 | (3.00) |
| FY2023 | 8 | 0.00 |
| FY2022 | 8 | 6.00 |
| FY2021 | 2 | (4.00) |
| FY2020 | 6 | 1.00 |
| FY2019 | 5 | (2.00) |
| FY2018 | 7 | 1.00 |
| FY2017 | 6 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (0.42%) | (0.52%) | Fail | 0 |
| Positive operating cash flow | 109.86m | 82.24m | Pass | 1 |
| Rising return on assets | (0.42%) | (0.52%) | Pass | 1 |
| Cash flow above net income | 118.23m | 92.79m | Pass | 1 |
| Falling long-term leverage | 0.22 | 0.24 | Pass | 1 |
| Rising current ratio | 1.20 | 1.24 | Fail | 0 |
| No new shares issued | 49,136,000 | 53,657,000 | Pass | 1 |
| Rising gross margin | 43.57% | 42.73% | Pass | 1 |
| Rising asset turnover | 1.46 | 1.47 | Fail | 0 |
| Piotroski F-score | Mixed | 6 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| WWW Wolverine World Wide, Inc. compare | 7 |
| RCKY Rocky Brands, Inc. compare | 7 |
| DBI Designer Brands Inc. | 6 |
| CROX Crocs, Inc. compare | 6 |
| SHOO Steven Madden, Ltd. compare | 5 |
| VRA Vera Bradley, Inc. compare | 5 |
| FWDI Forward Industries, Inc. compare | 4 |
| FOSL Fossil Group, Inc. compare | 4 |
| WEYS Weyco Group, Inc. compare | 4 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover