MOV · Movado Group Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $671.31M | $653.38M | $672.60M | $751.90M | $732.39M | $506.40M |
| Cost of Revenue | $307.71M | $300.24M | $302.21M | $318.00M | $313.33M | $235.90M |
| Gross Profit | $363.60M | $353.14M | $370.39M | $433.89M | $419.06M | $270.50M |
| R&D | - | - | - | - | - | - |
| SG&A | $333.77M | $333.13M | $315.69M | $313.54M | $301.57M | $256.71M |
| Total Operating Expenses | - | - | - | $313.54M | $301.57M | $412.63M |
| D&A | $9.42M | $9.31M | $9.64M | $10.81M | $12.46M | $14.11M |
| Operating Income | $29.83M | $20.02M | $54.70M | $120.35M | $117.49M | ($142.13M) |
| Interest Expense | $507.0K | $489.0K | $497.0K | $518.0K | $688.0K | $1.96M |
| Income Tax | $7.49M | $7.44M | $12.66M | $24.88M | $24.77M | ($31.19M) |
| Net Income | $26.55M | $18.36M | $46.71M | $94.53M | $91.60M | ($111.52M) |
| EPS - Basic | $1.19 | $0.82 | $2.10 | $4.20 | $3.95 | ($4.80) |
| EPS - Diluted | $1.17 | $0.81 | $2.06 | $4.12 | $3.87 | ($4.80) |
Balance Sheet
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $230.54M | $208.50M | $262.06M | $251.58M | $277.13M | $223.81M |
| Accounts Receivable | $102.04M | $93.38M | $104.47M | $94.28M | $91.56M | $76.93M |
| Inventory | $158.33M | $156.74M | $148.03M | $186.20M | $160.28M | $152.58M |
| Accounts Payable | $21.14M | $34.31M | $32.77M | $32.09M | $46.01M | $28.19M |
| Current Assets | $517.24M | $489.94M | $543.88M | $567.19M | $553.88M | $501.65M |
| Total Assets | $742.62M | $729.23M | $769.08M | $787.71M | $761.16M | $719.26M |
| Current Liabilities | $113.05M | $112.96M | $113.08M | $142.42M | $151.47M | $127.67M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $232.36M | $245.65M | $250.13M | $277.16M | $284.07M | $289.32M |
| Stockholders' Equity | $508.84M | $481.33M | $516.80M | $507.61M | $472.81M | $425.26M |
| Retained Earnings | $442.20M | $446.70M | $470.32M | $476.75M | $413.59M | $341.64M |
Cash Flow
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $57.92M | ($1.50M) | $76.78M | $54.34M | $130.81M | $68.41M |
| Investing Cash Flow | ($8.09M) | ($13.74M) | ($11.47M) | ($10.55M) | ($7.91M) | ($1.86M) |
| Financing Cash Flow | ($36.28M) | ($35.40M) | ($57.60M) | ($65.31M) | ($66.61M) | ($34.38M) |
| CapEx | $4.51M | $7.97M | $8.22M | $7.08M | $5.66M | $3.02M |
| Free Cash Flow | $53.41M | ($9.47M) | $68.56M | $47.26M | $125.16M | $65.39M |
Ratios
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 54.2% | 54.0% | 55.1% | 57.7% | 57.2% | 53.4% |
| Operating margin | 4.4% | 3.1% | 8.1% | 16.0% | 16.0% | -28.1% |
| EBITDA margin | 5.8% | 4.5% | 9.6% | 17.4% | 17.7% | -25.3% |
| Net margin | 4.0% | 2.8% | 6.9% | 12.6% | 12.5% | -22.0% |
| Free cash flow margin | 8.0% | -1.4% | 10.2% | 6.3% | 17.1% | 12.9% |
| FCF / Net income | 2.01 | -0.52 | 1.47 | 0.50 | 1.37 | -0.59 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 49.7% | 51.0% | 46.9% | 41.7% | 41.2% | 50.7% |
| Effective tax rate | 22.0% | 28.8% | 21.3% | 20.8% | 21.3% | - |
| Return on assets | 3.6% | 2.5% | 6.1% | 12.0% | 12.0% | -15.5% |
| Return on equity | 5.2% | 3.8% | 9.0% | 18.6% | 19.4% | -26.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 4.58 | 4.34 | 4.81 | 3.98 | 3.66 | 3.93 |
| Quick ratio | 3.17 | 2.95 | 3.50 | 2.68 | 2.60 | 2.73 |
| Cash ratio | 2.04 | 1.85 | 2.32 | 1.77 | 1.83 | 1.75 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 58.8x | 40.9x | 110.1x | 232.3x | 170.8x | -72.6x |
| Equity multiplier | 1.46 | 1.52 | 1.49 | 1.55 | 1.61 | 1.69 |
| Liabilities / Assets | 0.31 | 0.34 | 0.33 | 0.35 | 0.37 | 0.40 |
| Efficiency | ||||||
| Asset turnover | 0.90 | 0.90 | 0.87 | 0.95 | 0.96 | 0.70 |
| Inventory turnover | 1.94 | 1.92 | 2.04 | 1.71 | 1.95 | 1.55 |
| Days sales outstanding | 55d | 52d | 57d | 46d | 46d | 55d |
| Days inventory outstanding | 188d | 191d | 179d | 214d | 187d | 236d |
| Days payable outstanding | 25d | 42d | 40d | 37d | 54d | 44d |
| Cash conversion cycle | 218d | 201d | 196d | 223d | 179d | 248d |
| Valuation | ||||||
| P / E | 19.5x | 23.6x | 13.4x | 8.6x | 9.6x | - |
| P / B | 1.0x | 0.9x | 1.2x | 1.6x | 1.9x | 1.1x |
| P / S | 0.8x | 0.7x | 0.9x | 1.1x | 1.2x | 0.9x |
| EV / EBITDA | 7.3x | 7.6x | 5.6x | 4.3x | 4.6x | - |
| Growth | ||||||
| Revenue growth (YoY) | 2.7% | -2.9% | -10.5% | 2.7% | 44.6% | -27.8% |
| Revenue CAGR (3y) | -3.7% | -3.7% | 9.9% | 2.4% | - | -2.9% |
| Revenue CAGR (5y) | 5.8% | -1.4% | - | 6.3% | 5.2% | -1.7% |
| Gross profit growth (YoY) | 3.0% | -4.7% | -14.6% | 3.5% | 54.9% | -27.8% |
| Operating income growth (YoY) | 49.0% | -63.4% | -54.5% | 2.4% | - | - |
| Net income growth (YoY) | 44.6% | -60.7% | -50.6% | 3.2% | - | - |
| EPS growth (YoY) | 44.4% | -60.7% | -50.0% | 6.5% | - | - |
| EPS CAGR (3y) | -34.3% | -40.6% | - | 31.1% | - | - |
| EPS CAGR (5y) | - | -15.0% | - | 9.6% | - | - |
| FCF growth (YoY) | - | - | 45.1% | -62.2% | 91.4% | 237.8% |
| FCF CAGR (5y) | -4.0% | - | - | -0.1% | 20.7% | 4.5% |
| Book value growth (YoY) | 5.7% | -6.9% | 1.8% | 7.4% | 11.2% | -19.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$275.53M totalWatch And Accessory Brands$172.49M · 62.6%
Company Stores$103.04M · 37.4%
Product / service
$1.70M totalShipping And Handling$1.70M · 100.0%
Geographic
$671.31M totalNon Us$380.76M · 56.7%
US$290.55M · 43.3%
Stability scores
Altman Z′
FY 2026 · bankruptcy risk
2.84
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2026 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Watches, Clocks, Clockwork Operated Devices/Parts
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| FOSL | $1.00B | -7.8% | -76.1% |
Comparing MOVADO GROUP INC against the 1 most active filer in the same SIC group.
Dividends
$1.40/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 2, 2026 | $0.3500 |
| Dec 8, 2025 | $0.3500 |
| Sep 8, 2025 | $0.3500 |
| Jun 12, 2025 | $0.3500 |
| Apr 22, 2025 | $0.3500 |
| Dec 16, 2024 | $0.3500 |
| Sep 16, 2024 | $0.3500 |
| Jun 12, 2024 | $0.3500 |
| Apr 8, 2024 | $0.3500 |
| Dec 11, 2023 | $0.3500 |
| Sep 6, 2023 | $0.3500 |
| Jun 6, 2023 | $0.3500 |
| Apr 4, 2023 | $1.3500 |
| Dec 1, 2022 | $0.3500 |
| Sep 6, 2022 | $0.3500 |
| Jun 7, 2022 | $0.3500 |
| Apr 5, 2022 | $0.3500 |
| Dec 2, 2021 | $0.2500 |
| Sep 7, 2021 | $0.2000 |
| Jun 8, 2021 | $0.2000 |
| Apr 6, 2021 | $0.2000 |
| Jan 20, 2021 | $0.1000 |
| Dec 5, 2019 | $0.2000 |
| Sep 9, 2019 | $0.2000 |