ROCKY BRANDS, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $482.0M | $453.8M | $461.8M | $615.5M | $514.2M |
| Cost of revenue | $284.7M | $274.8M | $283.2M | $390.3M | $319.7M |
| Gross profit | $197.3M | $179.0M | $178.6M | $225.2M | $194.5M |
| Operating expenses | $160.1M | $147.9M | $143.2M | $181.2M | $158.6M |
| Operating income | $37.2M | $31.1M | $35.4M | $44.0M | $36.0M |
| Pretax income | $27.2M | $14.1M | $14.2M | $25.8M | $25.4M |
| Income tax expense | $4.9M | $2.7M | $3.7M | $5.3M | $4.8M |
| Net income | $22.3M | $11.4M | $10.4M | $20.5M | $20.6M |
| Balance Sheet | |||||
| Cash and equivalents | $2.9M | $3.7M | $4.5M | $5.7M | $5.9M |
| Current assets | $270.7M | $246.4M | $258.2M | $341.0M | $375.3M |
| Total assets | $477.5M | $457.3M | $479.4M | $582.4M | $624.6M |
| Current liabilities | $96.1M | $90.4M | $71.5M | $96.3M | $140.1M |
| Total liabilities | $225.4M | $225.1M | $255.8M | $366.9M | $426.7M |
| Total debt | $124.4M | $131.0M | $175.0M | $259.6M | $273.6M |
| Stockholders' equity | $252.1M | $232.2M | $223.6M | $215.5M | $197.9M |
| Cash Flow Statement | |||||
| Cash from operations | $16.3M | $52.8M | $73.6M | $19.1M | -$54.9M |
| Depreciation and amortization | $9.8M | $10.3M | $10.9M | $12.3M | $11.3M |
| Stock-based compensation | $1.6M | $1.3M | $1.2M | $1.2M | $1.3M |
| Capital expenditure | $6.6M | $4.7M | $3.9M | $6.7M | $21.1M |
| Free cash flow | $9.7M | $48.1M | $69.7M | $12.4M | -$75.9M |
| Dividends paid | $4.6M | $4.6M | $4.6M | $4.5M | $4.3M |
| Share repurchases | $201,000 | $0 | $0 | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 7.5M · Free float 91.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.