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Rocky Brands, Inc.. (RCKY) Stock Fundamental Analysis & AI Rating 2026

RCKY Nasdaq Footwear, (No Rubber) OH CIK: 0000895456
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
HOLD
72% Conf
Pending
Analysis scheduled

📊 RCKY Key Takeaways

Revenue: $482.0M
Net Margin: 4.6%
Free Cash Flow: $9.7M
Current Ratio: 2.82x
Debt/Equity: 0.49x
EPS: $2.96
AI Rating: HOLD with 72% confidence
Rocky Brands, Inc.. (RCKY) receives a HOLD rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $482.0M, net profit margin of 4.6%, and return on equity (ROE) of 8.8%, Rocky Brands, Inc.. demonstrates mixed fundamentals in the Market sector. Below is our complete RCKY stock analysis for 2026.

Is Rocky Brands, Inc.. (RCKY) a Good Investment?

Claude

Rocky Brands shows impressive net income growth of 95.6% YoY with solid gross margins, but this is overshadowed by weak operating cash flow ($16.3M vs. $22.3M net income) indicating earnings quality concerns. The critically low cash position of $2.9M combined with $122.6M in debt and thin free cash flow generation creates significant financial risk, despite moderate leverage ratios.

Why Buy Rocky Brands, Inc.. Stock? RCKY Key Strengths

Claude
  • + Strong net income surge of 95.6% YoY demonstrates significant profitability improvement
  • + Solid gross margin of 40.9% reflects competitive positioning in footwear industry
  • + Good current ratio of 2.82x and moderate debt/equity of 0.49x provide near-term operational stability

RCKY Stock Risks: Rocky Brands, Inc.. Investment Risks

Claude
  • ! Critically low cash balance of $2.9M creates acute financial vulnerability for $482M revenue company
  • ! Operating cash flow of $16.3M significantly trails net income of $22.3M, raising earnings quality concerns
  • ! Weak capital returns (ROE 8.8%, ROA 4.7%) combined with thin free cash flow margin of 2.0% indicate limited financial flexibility to service $122.6M debt

Key Metrics to Watch

Claude
  • * Operating cash flow to net income ratio - must converge to validate earnings sustainability
  • * Cash position and working capital management - critical threshold for financial distress risk
  • * Debt reduction progress relative to free cash generation - essential given leverage burden

Rocky Brands, Inc.. (RCKY) Financial Metrics & Key Ratios

Revenue
$482.0M
Net Income
$22.3M
EPS (Diluted)
$2.96
Free Cash Flow
$9.7M
Total Assets
$477.5M
Cash Position
$2.9M

💡 AI Analyst Insight

The relatively thin 2.0% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.82x current ratio provides a solid financial cushion.

RCKY Profit Margin, ROE & Profitability Analysis

Gross Margin 40.9%
Operating Margin 7.7%
Net Margin 4.6%
ROE 8.8%
ROA 4.7%
FCF Margin 2.0%

RCKY vs Market Sector: How Rocky Brands, Inc.. Compares

How Rocky Brands, Inc.. compares to Market sector averages

Net Margin
RCKY 4.6%
vs
Sector Avg 12.0%
RCKY Sector
ROE
RCKY 8.8%
vs
Sector Avg 15.0%
RCKY Sector
Current Ratio
RCKY 2.8x
vs
Sector Avg 1.8x
RCKY Sector
Debt/Equity
RCKY 0.5x
vs
Sector Avg 0.7x
RCKY Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Rocky Brands, Inc.. Stock Overvalued? RCKY Valuation Analysis 2026

Based on fundamental analysis, Rocky Brands, Inc.. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
8.8%
Sector avg: 15%
Net Profit Margin
4.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.49x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Rocky Brands, Inc.. Balance Sheet: RCKY Debt, Cash & Liquidity

Current Ratio
2.82x
Quick Ratio
0.93x
Debt/Equity
0.49x
Debt/Assets
47.2%
Interest Coverage
3.72x
Long-term Debt
$122.6M

RCKY Revenue & Earnings Growth: 5-Year Financial Trend

RCKY 5-year financial data: Year 2021: Revenue $514.2M, Net Income $21.0M, EPS $2.86. Year 2022: Revenue $615.5M, Net Income $21.0M, EPS $2.86. Year 2023: Revenue $615.5M, Net Income $20.6M, EPS $2.77. Year 2024: Revenue $615.5M, Net Income $20.5M, EPS $2.78. Year 2025: Revenue $482.0M, Net Income $11.4M, EPS $1.52.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Rocky Brands, Inc..'s revenue has remained relatively flat over the 5-year period, with a 6% decline. The most recent EPS of $1.52 reflects profitable operations.

RCKY Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.0%
Free cash flow / Revenue

RCKY Quarterly Earnings & Performance

Quarterly financial performance data for Rocky Brands, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $114.6M -$1.2M $0.70
Q2 2025 $98.3M -$1.2M $-0.17
Q1 2025 $112.9M $2.6M $0.34
Q3 2024 $114.6M -$398.0K $0.50
Q2 2024 $98.3M -$398.0K $-0.17
Q1 2024 $110.4M -$398.0K $-0.05
Q3 2023 $125.6M -$398.0K $0.50
Q2 2023 $99.8M -$398.0K $0.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Rocky Brands, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$16.3M
Cash generated from operations
Stock Buybacks
$201.0K
Shares repurchased (TTM)
Capital Expenditures
$6.6M
Investment in assets
Dividends Paid
$4.6M
Returned to shareholders

RCKY SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Rocky Brands, Inc.. (CIK: 0000895456)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →

Frequently Asked Questions about RCKY

What is the AI rating for RCKY?

Rocky Brands, Inc.. (RCKY) has an AI rating of HOLD with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RCKY's key strengths?

Claude: Strong net income surge of 95.6% YoY demonstrates significant profitability improvement. Solid gross margin of 40.9% reflects competitive positioning in footwear industry.

What are the risks of investing in RCKY?

Claude: Critically low cash balance of $2.9M creates acute financial vulnerability for $482M revenue company. Operating cash flow of $16.3M significantly trails net income of $22.3M, raising earnings quality concerns.

What is RCKY's revenue and growth?

Rocky Brands, Inc.. reported revenue of $482.0M.

Does RCKY pay dividends?

Rocky Brands, Inc.. pays dividends, with $4.6M distributed to shareholders in the trailing twelve months.

Where can I find RCKY SEC filings?

Official SEC filings for Rocky Brands, Inc.. (CIK: 0000895456) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RCKY's EPS?

Rocky Brands, Inc.. has a diluted EPS of $2.96.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is RCKY a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Rocky Brands, Inc.. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is RCKY stock overvalued or undervalued?

Valuation metrics for RCKY: ROE of 8.8% (sector avg: 15%), net margin of 4.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy RCKY stock in 2026?

Our dual AI analysis gives Rocky Brands, Inc.. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RCKY's free cash flow?

Rocky Brands, Inc..'s operating cash flow is $16.3M, with capital expenditures of $6.6M. FCF margin is 2.0%.

How does RCKY compare to other Market stocks?

Vs Default sector averages: Net margin 4.6% (avg: 12%), ROE 8.8% (avg: 15%), current ratio 2.82 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI