RCKY on Nasdaq

Rocky Brands

Logo: rockybrands.com4

Apparel company

Rocky Brands, Inc., formerly known as Rocky Shoes & Boots, Inc., is a company which designs, develops, manufactures, and markets outdoor, work, western and military footwear, and other outdoor and work apparel and accessories. The company was founded in 1932 in Nelsonville, Ohio, and still maintains its corporate headquarters there.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1932Founded1

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  • TickerRCKY on Nasdaq1
  • IndustryFootwear, (No Rubber)1
  • HeadquartersNelsonville1
  • Websitewww.rockybrands.com
  • Incorporated inOH5
  • Business address39 East Canal Street, Nelsonville, Oh 457645
  • Filer categoryAccelerated filer, Smaller reporting company5
Rocky Brands image from its website
Image: rockybrands.com4

Rocky Brands, Inc., formerly known as Rocky Shoes & Boots, Inc., is a company which designs, develops, manufactures, and markets outdoor, work, western and military footwear, and other outdoor and work apparel and accessories. The company was founded in 1932 in Nelsonville, Ohio, and still maintains its corporate headquarters there.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

40.9%Gross margin7
7.7%Operating margin7
4.6%Net margin7
6.2%Revenue growth, 20257
8.8%Return on equity7
0.45×Debt to equity7
$9.7MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Work Footwear brought in 40% of the revenue Rocky Brands broke down this way in fiscal 2025.

  1. Work Footwear$193.6M740%up 2% from 2024
  2. Outdoor Footwear$165.7M734%up 27% from 2024
  3. Western Footwear$76.4M716%down 8% from 2024
  4. Duty and Commercial Military Footwear$30.7M76%down 11% from 2024
  5. Military Footwear$10.0M72%down 11% from 2024
  6. Product and Service, Other$5.5M71%up 16% from 2024
Products and services by year
Products and services20242025
Work Footwear$190.3M$193.6M
Outdoor Footwear$130.2M$165.7M
Western Footwear$82.6M$76.4M
Duty and Commercial Military Footwear$34.5M$30.7M
Military Footwear$11.3M$10.0M
Product and Service, Other$4.7M$5.5M

Business segments

Wholesale brought in 66% of the revenue Rocky Brands broke down this way in fiscal 2025.

  1. Wholesale$316.6M766%up 1% from 2024
  2. Retail$152.9M732%up 21% from 2024
  3. Contract Manufacturing$12.5M73%down 8% from 2024
Business segments by year
Business segments20242025
Wholesale$313.3M$316.6M
Retail$126.9M$152.9M
Contract Manufacturing$13.6M$12.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue59¢$284.7M
  • Other costs35¢$170.1M
  • Income tax1¢$4.9M
  • Profit5¢$22.3M

Out of $482.0M in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending40¢$6.6M
  • Dividends paid28¢$4.6M
  • Share buybacks1¢$201.0K
  • Kept or used elsewhere30¢$4.9M

Out of $16.3M of cash from operations.7

Financial statements

Revenue8910117$482.0M in 2025+78% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $270.4M$270.4M20192020: $277.3M$277.3M2020+3%2021: $514.2M$514.2M2021+85%2022: $615.5M$615.5M2022+20%2023: $461.8M$461.8M2023−25%2024: $453.8M$453.8M2024−2%2025: $482.0M$482.0M2025+6%
Gross profit12910117$197.3M in 2025+102% since 2019
0$100.0M$200.0M$300.0M2019: $97.7M$97.7M20192020: $104.7M$104.7M2020+7%2021: $194.5M$194.5M2021+86%2022: $225.2M$225.2M2022+16%2023: $178.6M$178.6M2023−21%2024: $179.0M$179.0M2024+0%2025: $197.3M$197.3M2025+10%
Operating income12910117$37.2M in 2025+68% since 2019
0$20.0M$40.0M$60.0M2019: $22.1M$22.1M20192020: $27.2M$27.2M2020+23%2021: $36.0M$36.0M2021+32%2022: $44.0M$44.0M2022+22%2023: $35.4M$35.4M2023−20%2024: $31.1M$31.1M2024−12%2025: $37.2M$37.2M2025+20%
Net income12910117$22.3M in 2025+28% since 2019
0$10.0M$20.0M$30.0M2019: $17.5M$17.5M20192020: $21.0M$21.0M2020+20%2021: $20.6M$20.6M2021−2%2022: $20.5M$20.5M2022−0%2023: $10.4M$10.4M2023−49%2024: $11.4M$11.4M2024+9%2025: $22.3M$22.3M2025+96%

Every line of the income statement as filed: the last 2 fiscal years, latest first.7

Period ending2025-12-312024-12-31
NET SALES$482.0M$453.8M
COST OF GOODS SOLD$284.7M$274.8M
GROSS MARGIN$197.3M$179.0M
OPERATING EXPENSES$160.1M$147.9M
INCOME FROM OPERATIONS$37.2M$31.1M
INTEREST EXPENSE AND OTHER net-$10.0M-$17.0M
INCOME BEFORE INCOME TAX EXPENSE$27.2M$14.1M
INCOME TAX EXPENSE$4.9M$2.7M
NET INCOME$22.3M$11.4M
Basic (in dollars per share)$2.98$1.53
Diluted (in dollars per share)$2.96$1.52
Basic (in shares)7.5M shares7.4M shares
Diluted (in shares)7.5M shares7.5M shares

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The story

In 1932, William Brooks, joined by his brother F. M. "Mike" Brooks, founded The William Brooks Shoe Company in Nelsonville, Ohio. Both men had lost their jobs during the Great Depression when Godman Shoe Co. of Columbus went bankrupt. In search of opportunity, the brothers set up shop in a rent-free factory with lent equipment and what would eventually become Rocky Brands was born.

The company originally employed 50 to 100 workers with a production rate of 300 pairs of shoes per day. With a newly constructed addition and the installation of more equipment, by the mid-1930s the factory employed 225 people and production output increased to more than 2,000 pairs per day. During the 1940s and 1950s business continued to grow. While supplying more than one million pairs of shoes and boots for military conflicts such as World War II and the Korean War, the company built key relationships with leading footwear retailers.

But in 1958, William Brooks decided to sell the business to the Irving Drew Shoe Company of Lancaster, Ohio. His nephew, John Brooks, who had worked in the plant full-time since age 17, attempted to make a play for the family-run business, but his efforts were rebuffed. William Brooks refused to sell, telling his nephew the shoe industry had no future.

In 1975, the new owners were getting ready to sell or shut down the business. John Brooks, who stayed through the Irving Drew years as plant manager, bought the business back for $640,000, re-establishing The William Brooks Shoe Company in Nelsonville. John Brooks then brought his son, Mike Brooks, into the business as a product designer and manager. In 1977, Mike Brooks won an award for what now is called the original "Rocky boot," and the company paid $1,000 for a trademark and launched the Rocky brand.

As the company struggled in the early 1980s, the shoe market bounced back, and in 1983, the company began marketing occupational shoes, such as those worn by police officers and mail carriers, under the Rocky brand. It opened up new markets and new distribution methods. Sales rose and in 1988, the company reached $20 million in annual revenue.

Two years after the retirement of John Brooks in 1991, his son, Mike Brooks took the company public, spending nearly three-quarters of a million dollars in the process, changing the name to Rocky Shoes & Boots and initiating the company's initial public offering.

Rocky Shoes & Boots acquired EJ Footwear on December 6, 2004, for $87.7 million in cash and roughly $10 million in stock. The move brought Georgia Boot, Durango, and Lehigh Safety Shoes brands into Rocky's fold and added a licensed footwear brand in Dickies.

In 2006, Rocky Shoes & Boots changed its name to Rocky Brands, Inc. Following the name change Rocky Brands acquired comfort footwear Zumfoot shoes and Michelin footwear.

Read the full text

In February 2014 the company acquired Los Angeles based Creative Recreation for $11 million. In 2015, Creative Recreation's original owner Rich Cofinco was made creative director.

In 2021, Rocky Brands acquired Honeywell's performance and lifestyle footwear business for $230 million, including The Original Muck Boot Company, the neoprene boot brand Xtratuf, as well as the Servus, NEOS and Ranger footwear brands.

From Wikipedia’s article on Rocky Brands, shared under CC BY-SA 4.0.6

Leadership

Who has led Rocky Brands, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Former names

  • ROCKY BRANDS, INC.May 17, 2005 to Oct 5, 20265
  • ROCKY SHOES & BOOTS INCAug 14, 1996 to May 22, 20065

Timeline

  1. Jun 5, 2017New chief executive Jason Brooks becomes CEO16
  2. Jan 6, 2014New chief executive David Sharp becomes CEO17
  3. 1932Founded Founded1

Filings

395 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 37 major events, 268 insider forms, 23 large holders, 47 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Oct 5, 20264 EDGAR
  4. Oct 5, 20264 EDGAR
  5. Oct 5, 20264 EDGAR
  6. Oct 5, 20264 EDGAR
  7. Oct 5, 20264 EDGAR
  8. Oct 5, 20264 EDGAR
  9. Aug 14, 2026SCHEDULE 13G/A EDGAR
  10. Aug 12, 20264 EDGAR
  11. Aug 7, 20264 EDGAR
  12. Aug 5, 2026144 EDGAR
  13. Aug 5, 20264 EDGAR
  14. Aug 5, 20264 EDGAR
  15. Aug 4, 2026144 EDGAR
  16. Aug 4, 2026144 EDGAR
  17. Aug 4, 202610-Q EDGAR
  18. Aug 4, 20264 EDGAR
  19. Aug 4, 20264 EDGAR
  20. Aug 3, 2026144 EDGAR

The 395 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 23 such filings since October 2021, the latest 10:

  1. Aug 14, 2026SCHEDULE 13G/A
  2. Mar 27, 2026SCHEDULE 13G/A
  3. Feb 17, 2026SCHEDULE 13G
  4. Jan 7, 2026SCHEDULE 13G/A
  5. Oct 7, 2025SCHEDULE 13G/A
  6. Aug 6, 2025SCHEDULE 13G/A
  7. Jun 6, 2025SCHEDULE 13G/A
  8. Feb 13, 2024SC 13G
  9. Feb 9, 2024SC 13G/A
  10. Feb 9, 2024SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alliancebernstein L.P.647,175$25.1M0.0%+108,921
BlackRock, Inc.522,760$21.6M0.0%+29,464
Dimensional Fund Advisors LP514,294$21.2M0.0%+8,815
Raymond James Financial Inc510,171$21.0M0.0%+22,876
Vanguard Capital Management LLC320,446$13.2M0.0%+144
American Century Companies Inc234,931$9.7M0.0%−23,752
Geode Capital Management, LLC192,492$7.9M0.0%+19,924
Aristides Capital LLC185,944$7.7M2.0%+73,200
Russell Investments Group, Ltd.159,508$6.6M0.0%+36,536
Crawford Investment Counsel Inc157,856$6.5M0.1%+790
North Star Investment Management Corp.154,175$6.4M0.3%No change
State Street Corp150,507$6.2M0.0%+4,697
Deprince Race & Zollo Inc140,101$5.8M0.1%+32,803
Oberweis Asset Management Inc/117,700$4.9M0.1%−300
Bridgeway Capital Management, LLC113,302$4.7M0.1%−1,304
Northern Trust Corp109,091$4.5M0.0%+2,219
Allspring Global Investments Holdings, LLC105,390$4.4M0.0%+19,927
Franklin Resources Inc106,248$4.4M0.0%New
Renaissance Technologies LLC80,235$3.3M0.0%−3,300
Bank of New York Mellon Corp69,263$2.9M0.0%+3,201
Two Sigma Investments, LP69,224$2.9M0.0%+32,529
Segall Bryant & Hamill, LLC65,357$2.7M0.0%+23,957
Morgan Stanley64,619$2.7M0.0%+10,943
D. E. Shaw & Co., Inc.63,844$2.6M0.0%−26,953
Vanguard Portfolio Management LLC57,458$2.4M0.0%−3,676

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 10, 2019Harley E. Rouda, HouseSale$100,001 - $250,000+103.1%Report
Apr 5, 2019Harley E. Rouda, HouseSale$100,001 - $250,000+85.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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