WEYS WEYCO GROUP INC

Overview and Growth

Fiscal 2025 results for WEYCO GROUP INC combined $276.17M of revenue with net income of $23.08M and an operating cash inflow of $37.25M. The $276.17M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $290.29M in fiscal 2024, revenue decreased 4.9%, a top-line contraction that reduced operating scale. The company reported diluted EPS of $2.41, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 23.7% decrease from fiscal 2024 diluted EPS of $3.16. Revenue equaled 0.86x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $119.23M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 43.2%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operating income was $29.17M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 10.6% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all reported below-operating-line items, the company recorded net income of $23.08M for the fiscal year. Measured against reported revenue, net income produced a 8.4% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $32.03M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 11.6%, adding a pre-tax profitability layer between revenue and net income. Income tax expense totaled $8.95M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 28.0%, without assuming a statutory-rate comparison. Net income equaled 9.6% of period-end equity, showing the earnings generated on shareholders’ book capital. Return on period-end assets was 7.2%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

At period end, the $319.67M asset base was financed through $80.10M of liabilities and $239.57M of equity. At period end, current assets of $205.44M compared with current liabilities of $48.64M, defining the company’s short-term resource position. The current ratio was 4.22x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $96.01M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 197.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Liabilities represented 25.1% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 30.0%, comparing reported cash and equivalents with the full positive asset balance. Compared with $324.09M in fiscal 2024, the current asset base moved 1.4% and finished lower.

Cash Flow and Earnings Quality

The company reported $37.25M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 1.61x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $1.75M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 4.7%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $35.50M, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 12.9%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 11.1%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.