Columbia Sportswear Company COLM

Consumer DiscretionaryTextiles & ApparelUnited States of America

Last close 67.54 USD on Nov 1, 2026, +24.5% year to date

Quant rating

Quant rating A Rank 12 of 344 in Consumer Discretionary

Growth C 168 of 344
Valuation B 134 of 344
Quality B 53 of 344
Revisions A 18 of 344
Momentum B 71 of 344

Wall Street consensus Hold (2.62)Average target 72.22 USD +6.9%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 3.5B
Enterprise value: 3.2B
52-week range: 47.48 – 69.00
3-year range: 47.48 – 92.08
Dividend yield: 1.78%
Beta (5 years): 0.88
Shares outstanding: 51.2M
Next earnings: Feb 3, 2027

About the company

Columbia Sportswear Company is engaged in designing, developing, marketing, and distributing outdoor, active and lifestyle products, including apparel, footwear, accessories, and equipment. It provides products through four brands: Columbia, SOREL, Mountain Hardwear and prAna. Its Columbia brand offers authentic, high-value outdoor apparel, footwear, accessories and equipment products suited for hiking, trail running, snow sports, and fishing and hunting activities, and everyday outdoor activities. SOREL brand offers footwear. Its Mountain Hardwear brand continues to offer technical apparel, accessories and equipment products for climbers, mountaineers, skiers, snowboarders, and trail athletes. Its prAna brand offers apparel and accessories. Its products are designed to be used for all seasons, activities and locations. It sells its products in 115 countries and operates in four segments: United States, Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa, and Canada.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	3,397	3,369	3,487	3,464	3,126	–
Revenue growth	0.9%	−3.4%	0.7%	10.8%	25.0%	6.3%
EPS (basic, normalized)	3.24	3.82	4.09	4.95	5.33	–
EPS growth	−15.2%	−6.6%	−17.4%	−7.1%	–	–
Gross margin	50.5%	50.2%	49.6%	49.4%	51.6%	50.3%
Net margin	5.2%	6.6%	7.2%	9.0%	11.3%	7.9%
ROE	10.2%	12.0%	13.0%	15.9%	18.5%	13.9%

Balance sheet, last quarter
Cash & short-term investments (mil)	230
Current ratio	2.60x
Long-term debt (mil)	0
Net debt (mil)	−230
Total equity (mil)	1,632
Net debt / equity	−0.14x
Net debt / EBITDA	−0.87x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	3,397	+0.9%	1.0x	264	−24.9%	12.2x	3.24	−15.2%	20.8x
2026	3,482	+2.5%	0.9x	397	+50.5%	8.1x	4.57	+41.0%	14.8x
2027	3,619	+3.9%	0.9x	387	−2.6%	8.3x	4.35	−4.7%	15.5x
2028	3,706	+2.4%	0.9x	396	+2.3%	8.2x	4.58	+5.2%	14.7x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	3,482	+0.7%	+0.6%	+0.4%	4.57	+4.7%	+8.1%	+22.8%
2027	3,619	+1.3%	+1.2%	+1.0%	4.35	+3.6%	+3.7%	+6.3%
2028	3,706	+1.0%	+1.0%	+1.4%	4.58	+5.1%	+5.1%	+12.2%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	770	570	932	1,097	778	605	943	1,070	779	614
Sales mean (mil)	740	568	936	1,075	758	590	918	1,032	758	607
Surprise	+4.0%	+0.3%	−0.5%	+2.0%	+2.7%	+2.6%	+2.8%	+3.7%	+2.7%	+1.2%
EPS reported	0.71	−0.20	1.56	1.80	0.75	−0.19	0.95	1.73	0.65	−0.41
EPS mean	0.35	−0.34	1.36	1.89	0.67	−0.24	1.17	1.19	0.35	−0.39
Surprise	+104.8%	+41.1%	+14.6%	−5.0%	+11.3%	+20.6%	−18.8%	+45.0%	+84.3%	−5.2%

Peer comparison Textiles & Apparel

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
COLM Columbia Sportswear Company	3.5B	−0.87x	5.2%	2.12x	14.8x	15.5x	8.1x	8.3x
NKE NIKE, Inc.	57.4B	−0.13x	6.7%	3.77x	30.5x	25.5x	18.0x	15.8x
ADSGn Adidas AG	32.7B	1.23x	5.4%	4.56x	17.7x	14.5x	9.4x	8.2x
RL Ralph Lauren Corporation	23.4B	−0.31x	11.6%	8.60x	20.7x	18.8x	13.3x	12.3x
DECK Deckers Outdoor Corporation	10.9B	−0.90x	18.7%	4.72x	10.5x	10.1x	7.1x	7.0x
ONON On Holding AG	11.3B	−1.22x	6.8%	4.87x	19.6x	16.7x	12.3x	10.2x
Mean		−0.37x	9.1%	4.77x	19.0x	16.8x	11.4x	10.3x
Median		−0.59x	6.7%	4.64x	18.6x	16.1x	10.9x	9.3x

Technical analysis

1M+15.1%
3M+5.3%
1Y+28.3%
3Y−0.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Columbia Sportswear Company, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	3,397	3,369	3,487	3,464	3,126	2,502
Cost of revenue	1,681	1,677	1,757	1,753	1,514	1,278
Gross profit	1,717	1,691	1,730	1,711	1,612	1,224
Selling, general & administrative expenses	1,503	1,444	1,416	1,304	1,124	1,031
Research & development	–	–	–	–	–	–
Depreciation/amortization	–	–	–	–	55.5	63.0
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	29.0	0	25.0	36.4	0.5	5.0
Other operating expenses	−21.8	−23.6	−21.7	−22.0	−18.4	−12.1
Operating income	207	271	310	393	451	137
Net interest income (expense)	17.9	27.7	13.7	2.7	1.4	0.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	4.7	−0.3	2.2	1.6	−0.4	2.0
Net income before taxes	230	298	326	397	452	140
Provision for taxes	52.4	74.9	74.8	86.0	97.4	31.5
Minority interest	–	–	–	–	–	0
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	177	223	251	311	354	108
Extraordinary items	–	–	–	–	–	–
Net income	177	223	251	311	354	108
EBIT, normalized	236	271	335	430	451	142
EBITDA, normalized	293	327	462	547	567	289
Basic EPS, normalized	3.24	3.82	4.09	4.95	5.33	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Columbia Sportswear Company, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	791	815	765	431	895	792
Receivables	403	418	423	548	488	453
Total inventory	689	691	746	1,029	645	557
Prepaid expenses	89.1	85.1	80.8	130	86.3	54.2
Other current assets	0	0	0	0	0	0
Total current assets	1,972	2,009	2,015	2,137	2,114	1,856
Property, plant & equipment	705	683	645	616	622	649
Goodwill	5.7	26.7	26.7	51.7	68.6	68.6
Intangibles	71.2	79.2	79.9	81.6	102	104
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	174	178	173	166	161	160
Total assets	2,928	2,975	2,939	3,052	3,067	2,837
Liabilities
Accounts payable	386	386	236	322	283	207
Payable/accrued	–	–	–	–	–	–
Accrued expenses	268	349	343	397	384	323
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	107	31.7	17.6	18.8	13.1	23.2
Total current liabilities	761	767	597	739	680	553
Long-term debt	0	0	0	0	0	0
Minority interest	–	–	–	–	–	–
Other liabilities	458	429	404	377	397	451
Total liabilities	1,218	1,195	1,000	1,116	1,078	1,004
Shareholders' equity
Preferred stock	0	0	0	0	0	0
Common stock	0	0	0	12.7	0	20.2
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	1,776	1,843	1,984	1,954	1,994	1,812
Treasury stock	–	–	–	–	–	–
Other equity	−65.7	−63.2	−45.8	−30.6	−4.4	0.8
Total equity	1,710	1,780	1,939	1,936	1,989	1,833
Total liabilities & shareholders' equity	2,928	2,975	2,939	3,052	3,067	2,837

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Columbia Sportswear Company, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	177	223	251	311	354	108
Depreciation, depletion & amortization	56.8	55.9	127	117	116	147
Deferred taxes	0.4	−6.2	−5.1	−8.1	−9.8	−11.3
Non-cash items	145	93.7	52.6	57.2	9.6	68.3
Changes in working capital	−96.7	124	210	−503	−115	−35.5
Cash from operations	283	491	636	−25.2	354	276
Investing activities
Capital expenditures	−66.2	−59.8	−54.6	−58.5	−34.7	−28.8
Other investing cash flows	−54.6	147	−407	131	−129	1.6
Cash from investing	−121	87.3	−462	72.7	−164	−27.2
Financing activities
Financing cash flow items	0	0	0	−0.6	0	−3.3
Cash dividends paid	−65.5	−69.7	−73.4	−75.1	−68.6	−17.2
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−202	−317	−181	−285	−142	−131
Cash from financing	−267	−386	−255	−361	−211	−152
Foreign exchange effects	15.1	−10.6	0.4	−19.8	−7.1	7.5
Net change in cash	−89.8	182	−79.9	−333	−27.3	105
Free cash flow	217	431	582	−83.7	320	247

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.