Birkenstock Holding (BIRK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Birkenstock Holding

NYSE•Consumer Cyclical•Footwear & Accessories

$33.05-0.95(-0.03%)Market open

Market Cap

$6.00B

P/E

17.7x

P/S

2.6x

P/B

2.1x

Birkenstock Holding plc engages in the manufacture and sale of footwear products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers footbed-based products, including sandals and closed-toe shoes; and skincare products and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. The company was formerly known as Birkenstock Group Limited. Birkenstock Holding plc was founded in 1774 and is based in London, the United Kingdom. Birkenstock Holding plc operates as a subsidiary of BK LC Lux MidCo S.à r.l.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Profitability (22/25); weakest: Cash & Earnings Quality (13/25).

Profitability22/25

Growth21/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality13/25

Strengths

Strong marginsInterest easily coveredConsistent growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 23.2x5y range 17.6x – 118.8x

Currently below its 16-quarter median.

P/S · 3.4x5y range 2.9x – 6.0x

Currently below its 16-quarter median.

P/B · 2.8x5y range 2.2x – 3.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $6.00B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.29B
Q. Revenue: $731.44M
TTM EBITDA: $683.80M
TTM Op. Income: $565.86M
Q. Op. Income: $210.38M
TTM Net Income: $339.05M
Q. Net Income: $111.40M
EPS: N/A
Shares Out.: $181.48M

$2.29B in TTM revenue grew 12.9% YoY, reaching $731.44M last quarter. TTM EBITDA of $683.80M and TTM operating income of $565.86M show growth is flowing through to the bottom line. TTM net income of $339.05M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 33.5%
Op. Margin: 28.8%
Net Margin: 15.2%

Op. margin of 28.8% is down 2.4% YoY — costs are rising relative to revenue. Net margin at 15.2% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 23.2x
P/S Ratio: 3.4x
P/B Ratio: 2.8x

At 23.2x P/E, the stock trades within typical market levels. P/S of 3.4x and P/B of 2.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 22% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.66B
Cash: $693.35M
Long-Term Debt: N/A
Book Value: $2.80B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

TTM Free Cash Flow: $283.87M
FCF Margin: 12.4%
FCF / Net Income: 0.8

TTM FCF of $283.87M. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 4% — a weakening trend.