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STEVEN MADDEN, LTD.
American footwear company based in Wilmington, incorporated in Delaware.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Caleres, Wolverine World Wide or Skechers, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
Domestic Destination brought in 59% of the revenue STEVEN MADDEN, LTD. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Domestic Destination | $1.6B | $1.9B | $1.7B |
| Rest of the world | $380.5M | $424.2M | $856.0M |
| Title Transfer | $272.8M | $331.9M | $299.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue59¢$1.5B
- Other costs38¢$959.2M
- Income tax1¢$28.7M
- Profit2¢$49.0M
Out of $2.5B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending26¢$42.7M
- Dividends paid38¢$61.0M
- Share buybacks8¢$13.5M
- Kept or used elsewhere28¢$45.1M
Out of $162.2M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $2.5B | $2.3B | $2.0B |
| Commission and licensing fee income | $12.6M | $10.7M | $10.1M |
| Total revenue | $2.5B | $2.3B | $2.0B |
| Cost of sales (exclusive of depreciation and amortization) | $1.5B | $1.3B | $1.1B |
| Gross profit | $1.0B | $936.9M | $832.4M |
| Operating expenses | -$968.0M | -$698.9M | -$612.7M |
| Change In Valuation of Contingent Payment Liability | -$5.6M | $2.7M | $0 |
| Impairment of intangibles | $6.3M | $10.3M | $6.5M |
| Income from operations | $80.8M | $224.9M | $213.2M |
| Gain on derivative | $9.3M | $0 | $0 |
| Interest and other (expense) / income - net | -$12.3M | $5.5M | $7.4M |
| Income before provision for income taxes | $77.7M | $230.5M | $220.6M |
| Provision for income taxes | $28.7M | $54.6M | $46.6M |
| Net income | $49.0M | $175.9M | $174.0M |
| Less: net income attributable to noncontrolling interest | $4.4M | $6.5M | $2.4M |
| Basic net income per share | $0.63 | $2.38 | $2.34 |
| Diluted net income per share | $0.63 | $2.35 | $2.30 |
| Basic weighted average common shares outstanding | 70.9M shares | 71.3M shares | 73.3M shares |
| Effect of dilutive securities options/restricted stock | 308.0K shares | 689.0K shares | 1.2M shares |
| Diluted weighted average common shares outstanding | 71.2M shares | 72.0M shares | 74.6M shares |
| Cash dividends declared per common share | $0.84 | $0.84 | $0.84 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $112.4M | $189.9M | ||
| Short-term investments | $0 | $13.5M | ||
| Accounts receivable, net of allowances of $7,115 and $4,670 | $91.9M | $45.7M | ||
| Factor accounts receivable | $311.6M | $348.7M | ||
| Inventories | $417.0M | $257.6M | ||
| Prepaid expenses and other current assets | $46.8M | $34.5M | ||
| Income tax receivable and prepaid income taxes | $21.1M | $4.9M | ||
| Total current assets | $1.0B | $894.7M | ||
| Property and equipment, net | $115.8M | $57.4M | ||
| Operating lease right-of-use asset | $235.9M | $139.7M | ||
| Deferred tax assets | $3.2M | $610.0K | ||
| Deposits and other | $22.8M | $22.2M | ||
| Goodwill | $254.5M | $183.7M | $180.0M | |
| Intangibles, net | $281.4M | $113.4M | ||
| Total Assets | $1.9B | $1.4B | ||
| Accounts payable | $197.2M | $206.9M | ||
| Accrued expenses | $258.8M | $142.5M | ||
| Operating leases - current portion | $58.8M | $43.2M | ||
| Income taxes payable | $4.5M | $6.1M | ||
| Accrued incentive compensation | $6.4M | $15.1M | ||
| Total current liabilities | $525.7M | $413.7M | ||
| Contingent payment liability - long-term portion | $14.9M | $7.6M | ||
| Operating leases - long-term portion | $193.1M | $109.8M | ||
| Long-term debt | $234.2M | $0 | ||
| Deferred tax liabilities | $36.1M | $4.6M | ||
| Other liabilities | $6.3M | $44.0K | ||
| Total Liabilities | $1.0B | $535.8M | ||
| Common stock $0.0001 par value, 245,000 shares authorized, 138,341 and 137,248 shares issued, 72,674 and 72,157 shares outstanding | $7.0K | $7.0K | ||
| Additional paid-in capital | $653.6M | $614.4M | ||
| Retained earnings | $1.8B | $1.8B | ||
| Accumulated other comprehensive loss | -$29.5M | -$48.3M | -$29.0M | |
| Treasury stock 65,667 and 65,091 shares at cost | -$1.5B | -$1.5B | ||
| Total Steven Madden, Ltd. stockholders equity | $866.4M | $847.7M | ||
| Noncontrolling interest | $37.6M | $28.3M | ||
| Total stockholders equity | $904.0M | $876.0M | $848.0M | $843.9M |
| Total Liabilities and Stockholders Equity | $1.9B | $1.4B | ||
| Allowances for accounts receivable (in dollars) | $7.1M | $4.7M | ||
| Preferred stock-issued | 0 shares | |||
| Common stock par value | $0.00 | |||
| Common stock, shares authorized | 245.0M shares | |||
| Common stock, shares issued | 138.3M shares | 137.2M shares | ||
| Common stock, shares outstanding | 72.7M shares | 72.2M shares | ||
| Treasury stock, shares | 65.7M shares | 65.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $112.4M | $189.9M | ||
| Short-term investments | $0 | $13.5M | ||
| Accounts receivable, net of allowances of $7,115 and $4,670 | $91.9M | $45.7M | ||
| Factor accounts receivable | $311.6M | $348.7M | ||
| Inventories | $417.0M | $257.6M | ||
| Prepaid expenses and other current assets | $46.8M | $34.5M | ||
| Income tax receivable and prepaid income taxes | $21.1M | $4.9M | ||
| Total current assets | $1.0B | $894.7M | ||
| Property and equipment, net | $115.8M | $57.4M | ||
| Operating lease right-of-use asset | $235.9M | $139.7M | ||
| Deferred tax assets | $3.2M | $610.0K | ||
| Deposits and other | $22.8M | $22.2M | ||
| Goodwill | $254.5M | $183.7M | $180.0M | |
| Intangibles, net | $281.4M | $113.4M | ||
| Total Assets | $1.9B | $1.4B | ||
| Accounts payable | $197.2M | $206.9M | ||
| Accrued expenses | $258.8M | $142.5M | ||
| Operating leases - current portion | $58.8M | $43.2M | ||
| Income taxes payable | $4.5M | $6.1M | ||
| Accrued incentive compensation | $6.4M | $15.1M | ||
| Total current liabilities | $525.7M | $413.7M | ||
| Contingent payment liability - long-term portion | $14.9M | $7.6M | ||
| Operating leases - long-term portion | $193.1M | $109.8M | ||
| Long-term debt | $234.2M | $0 | ||
| Deferred tax liabilities | $36.1M | $4.6M | ||
| Other liabilities | $6.3M | $44.0K | ||
| Total Liabilities | $1.0B | $535.8M | ||
| Common stock $0.0001 par value, 245,000 shares authorized, 138,341 and 137,248 shares issued, 72,674 and 72,157 shares outstanding | $7.0K | $7.0K | ||
| Additional paid-in capital | $653.6M | $614.4M | ||
| Retained earnings | $1.8B | $1.8B | ||
| Accumulated other comprehensive loss | -$29.5M | -$48.3M | -$29.0M | |
| Treasury stock 65,667 and 65,091 shares at cost | -$1.5B | -$1.5B | ||
| Total Steven Madden, Ltd. stockholders equity | $866.4M | $847.7M | ||
| Noncontrolling interest | $37.6M | $28.3M | ||
| Total stockholders equity | $904.0M | $876.0M | $848.0M | $843.9M |
| Total Liabilities and Stockholders Equity | $1.9B | $1.4B | ||
| Allowances for accounts receivable (in dollars) | $7.1M | $4.7M | ||
| Preferred stock-issued | 0 shares | |||
| Common stock par value | $0.00 | |||
| Common stock, shares authorized | 245.0M shares | |||
| Common stock, shares issued | 138.3M shares | 137.2M shares | ||
| Common stock, shares outstanding | 72.7M shares | 72.2M shares | ||
| Treasury stock, shares | 65.7M shares | 65.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $49.0M | $175.9M | $174.0M |
| Stock-based compensation | $29.6M | $26.5M | $24.1M |
| Depreciation and amortization | $33.4M | $20.0M | $15.5M |
| Amortization of debt issuance costs | $1.2M | $0 | $0 |
| (Gain)/loss on disposal of fixed assets | -$150.0K | $112.0K | $204.0K |
| Impairment of intangibles | $6.3M | $10.3M | $6.5M |
| Deferred taxes | -$4.7M | -$4.7M | $6.1M |
| Loss on divestiture of business | $0 | $3.2M | $0 |
| Accrued interest on note receivable related party | $0 | $0 | $8.0K |
| Note receivable - related party | $0 | $0 | $409.0K |
| Change in valuation of contingent payment liability | -$5.6M | $2.7M | $0 |
| Amortization of inventory step-up and other | $30.7M | -$575.0K | -$23.0K |
| Accounts receivable | -$10.6M | -$6.9M | -$1.3M |
| Factor accounts receivable | $39.7M | -$31.5M | -$18.6M |
| Inventories | $4.4M | -$30.6M | $25.3M |
| Prepaid expenses, income tax receivables, prepaid taxes, and other assets | -$8.3M | $133.0K | -$1.1M |
| Accounts payable and accrued expenses | $9.9M | $37.3M | $7.1M |
| Accrued incentive compensation | -$8.8M | $3.1M | $280.0K |
| Leases and other liabilities | -$3.9M | -$7.0M | -$8.1M |
| Payment of contingent liability | $0 | $0 | -$1.2M |
| Net cash provided by operating activities | $162.2M | $198.1M | $229.2M |
| Acquisition of businesses | -$371.6M | -$14.0M | -$75.3M |
| Capital expenditures | -$42.7M | -$25.9M | -$19.5M |
| Purchases of short-term investments | $0 | -$21.4M | -$25.7M |
| Maturity/sale of short-term investments | $13.6M | $22.1M | $25.9M |
| Other investing activities | -$260.0K | -$340.0K | -$5.3M |
| Net cash used in investing activities | -$400.9M | -$39.5M | -$99.9M |
| Borrowings under credit facilities | $467.5M | $0 | $0 |
| Repayments under credit facilities | -$227.5M | $0 | $0 |
| Cash dividends paid on common stock | -$61.0M | -$61.0M | -$63.2M |
| Common stock repurchased and net settlements of stock awards | -$13.5M | -$98.4M | -$142.3M |
| Financing costs paid | -$9.0M | $0 | $0 |
| Investment of noncontrolling interest | $3.5M | $0 | $4.5M |
| Distributions to noncontrolling interest earnings | $2.9M | $0 | $1.1M |
| Proceeds from exercise of stock options | $32.0K | $1.6M | $1.2M |
| Acquisition of incremental ownership of joint ventures | $0 | -$1.5M | $0 |
| Payment of contingent liability | $0 | -$8.5M | $0 |
| Net cash provided by / (used in) financing activities | $157.1M | -$167.9M | -$200.9M |
| Effect of exchange rate changes on cash and cash equivalents | $4.1M | -$5.4M | $1.5M |
| Net change in cash and cash equivalents | -$77.5M | -$14.7M | -$70.1M |
| Cash paid during the year for interest | $11.7M | $0 | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led STEVEN MADDEN, LTD., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerEdward R. Rosenfeld Sep 18, 2008 to now11
- Chief executive officerJamieson Karson May 31, 2006 to Oct 5, 200712
- ChairEdward R. Rosenfeld Nov 9, 2009 to Dec 2, 202013
- PresidentAmelia Varela Mar 4, 2016 to now14
- PresidentJeffrey Silverman May 17, 2007 to Dec 27, 200715
- Chief financial officerZine Mazouzi Jan 6, 2021 to now16
- Chief financial officerArvind Dharia Mar 9, 2006 to Dec 16, 202017
- Chief operating officerAwadhesh K. Sinha Aug 18, 2006 to Dec 21, 202118
Board members and other officers (23)
- Chief Product OfficerChristina Ciglar Apr 15, 2026 to now19
- EVP, Gen. Counsel, SecretaryLisa Keith Feb 2, 2023 to now20
- Chief Merchandising OfficerKarla Frieders Sep 14, 2015 to now21
- EVP - Wholesale DivisionAmelia Varela May 31, 2006 to Mar 13, 201522
- Brand DirectorRobert Schmertz May 31, 2006 to Mar 23, 201523
- Co-Pres (Sales) Adesso MaddenJoseph Masella Aug 15, 2006 to Dec 18, 200924
- Board memberArian Simone Reed Jan 27, 2022 to now25
- Board memberMaria Teresa Kumar Jan 14, 2021 to now26
- Board memberMitchell S. Klipper Apr 3, 2018 to now27
- Board memberAmelia Varela Mar 16, 2016 to now28
- Board memberRose Peabody Lynch May 1, 2014 to now29
- Board memberEdward R. Rosenfeld Mar 5, 2008 to Mar 18, 202430
- Board memberRavi Sachdev Sep 19, 2008 to now31
- Board memberJohn L. Madden Mar 8, 2006 to Apr 3, 201532
- Board memberPeter Migliorini Mar 15, 2006 to now33
- Board memberJeffrey Birnbaum May 12, 2006 to Sep 28, 200734
- Board memberJamieson Karson May 31, 2006 to Oct 5, 200712
- Board memberMarc S. Cooper May 31, 2006 to Sep 28, 200735
- Board memberThomas H. Schwartz May 31, 2006 to Jul 2, 202036
- Board memberWalter Yetnikoff May 31, 2006 to Oct 2, 200737
- Board memberHarold Kahn Jun 1, 2006 to Aug 15, 200638
- General counselLisa Keith Nov 12, 2019 to Nov 2, 202239
- General counselMichael Paradise Aug 2, 2016 to Jun 5, 201940
Former names
- MADDEN STEVEN LTDNov 4, 1996 to Jul 23, 20042
Timeline
Filings
347 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 194 insider forms, 32 large holders, 61 other. The latest 20:
- Oct 7, 2026SCHEDULE 13G/A EDGAR
- Oct 1, 20263 EDGAR
- Aug 6, 2026SCHEDULE 13G/A EDGAR
- Aug 5, 2026144 EDGAR
- Aug 5, 2026144 EDGAR
- Aug 5, 2026144 EDGAR
- Aug 5, 20264 EDGAR
- Aug 5, 20264 EDGAR
- Aug 5, 20264 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 4, 20264 EDGAR
- Aug 4, 20264 EDGAR
- Aug 3, 20264 EDGAR
- Jul 31, 202610-Q EDGAR
- Jul 30, 20268-K EDGAR
- Jun 16, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 15, 2026144 EDGAR
- Jun 15, 2026144 EDGAR
The 347 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. 32 such filings since October 2021, the latest 10:
- Oct 7, 2026SCHEDULE 13G/A
- Aug 6, 2026SCHEDULE 13G/A
- Apr 30, 2026SCHEDULE 13G
- Apr 29, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- Feb 5, 2026SCHEDULE 13G/A
- Nov 13, 2025SCHEDULE 13G/A
- Nov 5, 2025SCHEDULE 13G/A
- Aug 12, 2025SCHEDULE 13G/A
- Aug 7, 2025SCHEDULE 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.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 11,310,357 | $476.2M | 0.0% | +509,880 |
| Fmr LLC | 7,118,821 | $299.7M | 0.0% | −882,097 |
| Vanguard Portfolio Management LLC | 4,580,272 | $192.8M | 0.0% | +150,385 |
| Vanguard Capital Management LLC | 3,290,615 | $138.5M | 0.0% | +41,794 |
| State Street Corp | 2,895,948 | $121.9M | 0.0% | +139,273 |
| Nomura Asset Management International Inc. | 2,685,433 | $113.1M | 0.2% | −99,733 |
| Dimensional Fund Advisors LP | 2,414,873 | $101.7M | 0.0% | +61,542 |
| Goldman Sachs Group Inc | 2,273,075 | $95.7M | 0.0% | +542,746 |
| Geode Capital Management, LLC | 1,907,811 | $80.3M | 0.0% | −115,682 |
| Morgan Stanley | 1,717,210 | $72.3M | 0.0% | −1,336,810 |
| Nuveen, LLC | 1,616,631 | $68.1M | 0.0% | +582,449 |
| Wellington Management Group Llp | 1,441,358 | $60.7M | 0.0% | −383,517 |
| Invesco Ltd. | 1,294,702 | $54.5M | 0.0% | −500,207 |
| Charles Schwab Investment Management Inc | 1,259,623 | $53.0M | 0.0% | −65,408 |
| Neumeier Poma Investment Counsel LLC | 1,185,049 | $49.9M | 3.4% | +70,474 |
| Cramer Rosenthal Mcglynn LLC | 1,115,478 | $47.0M | 2.4% | +249,183 |
| Citadel Advisors LLC | 1,075,562 | $45.3M | 0.0% | +434,441 |
| J. Goldman & Co LP | 940,727 | $39.6M | 1.4% | −346,169 |
| Balyasny Asset Management L.P. | 934,980 | $39.4M | 0.1% | +861,433 |
| D. E. Shaw & Co., Inc. | 910,304 | $38.3M | 0.0% | +269,518 |
| Allspring Global Investments Holdings, LLC | 856,040 | $35.6M | 0.1% | −111,211 |
| Northern Trust Corp | 831,719 | $35.0M | 0.0% | +62,761 |
| Bank Of America Corp /de/ | 632,558 | $26.6M | 0.0% | −119,069 |
| William Blair Investment Management, LLC | 625,742 | $26.3M | 0.1% | −168,395 |
| Bank of New York Mellon Corp | 608,499 | $25.6M | 0.0% | −7,605 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGAREdward R. Rosenfeld, Chair
- 14SEC EDGARAmelia Varela, President
- 15SEC EDGARJeffrey Silverman, President
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23SEC EDGARRobert Schmertz, Brand Director
- 24
- 25SEC EDGARArian Simone Reed, Board member
- 26SEC EDGARMaria Teresa Kumar, Board member
- 27SEC EDGARMitchell S. Klipper, Board member
- 28SEC EDGARAmelia Varela, Board member
- 29SEC EDGARRose Peabody Lynch, Board member
- 30SEC EDGAREdward R. Rosenfeld, Board member
- 31SEC EDGARRavi Sachdev, Board member
- 32SEC EDGARJohn L. Madden, Board member
- 33SEC EDGARPeter Migliorini, Board member
- 34SEC EDGARJeffrey Birnbaum, Board member
- 35SEC EDGARMarc S. Cooper, Board member
- 36SEC EDGARThomas H. Schwartz, Board member
- 37SEC EDGARWalter Yetnikoff, Board member
- 38SEC EDGARHarold Kahn, Board member
- 39SEC EDGARLisa Keith, General counsel
- 40SEC EDGARMichael Paradise, General counsel
- 41