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Caleres Inc. (CAL) Stock Fundamental Analysis & AI Rating 2026

CAL NYSE Footwear, (No Rubber) NY CIK: 0000014707
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-11-01
Combined AI Rating
SELL
77% Confidence
STRONG AGREEMENT
SELL
75% Conf
SELL
79% Conf

📊 CAL Key Takeaways

Revenue: $2.1B
Net Margin: 0.8%
Free Cash Flow: $-3.6M
Current Ratio: 1.06x
Debt/Equity: 0.00x
EPS: $0.47
AI Rating: SELL with 75% confidence
Caleres Inc. (CAL) receives a SELL rating with 77% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.1B, net profit margin of 0.8%, and return on equity (ROE) of 2.6%, Caleres Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete CAL stock analysis for 2026.

Is Caleres Inc. (CAL) a Good Investment?

Claude

Caleres exhibits severe operational distress with negative free cash flow despite massive revenue growth that appears anomalous (19,607% YoY), suggesting potential accounting irregularities or one-time events rather than sustainable business growth. The company's profitability margins have collapsed to near-zero levels with only 1.6% operating margin and 0.8% net margin, while liquidity metrics are strained with a quick ratio of 0.33x and interest coverage of just 1.8x, indicating insufficient operational efficiency and cash generation to support the business.

ChatGPT

Caleres shows positive revenue scale and a healthy gross margin, but that profitability is not translating into strong earnings power. Operating margin, net margin, returns on capital, liquidity, and free cash flow are all weak, which suggests limited financial flexibility and low-quality growth. The reported revenue surge also appears inconsistent with the much smaller improvement in net income, raising caution about the durability and quality of recent growth.

Why Buy Caleres Inc. Stock? CAL Key Strengths

Claude
  • + Zero long-term debt providing financial flexibility
  • + Gross margin of 43.4% indicates retained pricing power despite operational challenges
  • + Positive operating cash flow of $40.5M suggests some underlying cash generation capability
ChatGPT
  • + Gross margin of 43.4% indicates solid product-level economics
  • + Company remains profitable on a net income basis
  • + Reported long-term debt of $0.00 and debt/equity of 0.00x reduce balance-sheet leverage risk

CAL Stock Risks: Caleres Inc. Investment Risks

Claude
  • ! Negative free cash flow of -$3.6M indicates capital expenditures exceed operating cash generation, threatening sustainability
  • ! Alarmingly low profitability margins (1.6% operating, 0.8% net) demonstrate severe operational inefficiency and margin compression
  • ! Weak liquidity position with quick ratio of 0.33x and current ratio of only 1.06x raises solvency concerns
  • ! Anomalous revenue growth of 19,607% YoY is unexplainable by normal business operations and warrants investigation for accounting quality
  • ! Diluted EPS declined 35.6% YoY despite claimed revenue growth, indicating severe shareholder value destruction
  • ! Return metrics critically low (ROE 2.6%, ROA 0.8%) demonstrate poor capital efficiency
ChatGPT
  • ! Operating margin of 1.6% and net margin of 0.8% leave little buffer against cost pressure or demand weakness
  • ! Liquidity is tight with a 1.06x current ratio, 0.33x quick ratio, and only $33.96M of cash
  • ! Free cash flow is negative and interest coverage of 1.8x points to weak earnings support for fixed obligations

Key Metrics to Watch

Claude
  • * Free cash flow trend and path to positive FCF generation
  • * Operating margin expansion and revenue quality verification
  • * Quick ratio improvement and working capital management
  • * Debt covenant compliance given strained liquidity metrics
ChatGPT
  • * Operating margin and net margin progression
  • * Free cash flow and inventory-driven working capital trends

Caleres Inc. (CAL) Financial Metrics & Key Ratios

Revenue
$2.1B
Net Income
$16.0M
EPS (Diluted)
$0.47
Free Cash Flow
$-3.6M
Total Assets
$2.1B
Cash Position
$34.0M

💡 AI Analyst Insight

Caleres Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CAL Profit Margin, ROE & Profitability Analysis

Gross Margin 43.4%
Operating Margin 1.6%
Net Margin 0.8%
ROE 2.6%
ROA 0.8%
FCF Margin -0.2%

CAL vs Market Sector: How Caleres Inc. Compares

How Caleres Inc. compares to Market sector averages

Net Margin
CAL 0.8%
vs
Sector Avg 12.0%
CAL Sector
ROE
CAL 2.6%
vs
Sector Avg 15.0%
CAL Sector
Current Ratio
CAL 1.1x
vs
Sector Avg 1.8x
CAL Sector
Debt/Equity
CAL 0.0x
vs
Sector Avg 0.7x
CAL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Caleres Inc. Stock Overvalued? CAL Valuation Analysis 2026

Based on fundamental analysis, Caleres Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
2.6%
Sector avg: 15%
Net Profit Margin
0.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Caleres Inc. Balance Sheet: CAL Debt, Cash & Liquidity

Current Ratio
1.06x
Quick Ratio
0.33x
Debt/Equity
0.00x
Debt/Assets
0.0%
Interest Coverage
1.80x
Long-term Debt
$0.0

CAL Revenue & Earnings Growth: 5-Year Financial Trend

CAL 5-year financial data: Year 2021: Revenue $2.9B, Net Income $62.8M, EPS $1.53. Year 2022: Revenue $3.0B, Net Income -$439.1M, EPS $-11.80. Year 2023: Revenue $3.0B, Net Income $137.0M, EPS $3.56. Year 2024: Revenue $3.0B, Net Income $181.7M, EPS $4.92. Year 2025: Revenue $2.8B, Net Income $171.4M, EPS $4.80.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Caleres Inc.'s revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $4.80 reflects profitable operations.

CAL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-0.2%
Free cash flow / Revenue

CAL Quarterly Earnings & Performance

Quarterly financial performance data for Caleres Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $740.9M $2.4M $0.07
Q2 2026 $658.5M $6.7M $0.20
Q1 2025 $614.2M $6.9M $0.21
Q3 2024 $740.9M $41.4M $1.19
Q2 2024 $683.3M $30.0M $0.85
Q1 2024 $659.2M $30.9M $0.88
Q3 2023 $761.9M $39.2M $1.08
Q2 2023 $695.5M $33.9M $0.95

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Caleres Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$40.5M
Cash generated from operations
Stock Buybacks
$5.1M
Shares repurchased (TTM)
Capital Expenditures
$44.1M
Investment in assets
Dividends Paid
$7.1M
Returned to shareholders

CAL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Caleres Inc. (CIK: 0000014707)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 10-K cal-20260131x10k.htm View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about CAL

What is the AI rating for CAL?

Caleres Inc. (CAL) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CAL's key strengths?

Claude: Zero long-term debt providing financial flexibility. Gross margin of 43.4% indicates retained pricing power despite operational challenges. ChatGPT: Gross margin of 43.4% indicates solid product-level economics. Company remains profitable on a net income basis.

What are the risks of investing in CAL?

Claude: Negative free cash flow of -$3.6M indicates capital expenditures exceed operating cash generation, threatening sustainability. Alarmingly low profitability margins (1.6% operating, 0.8% net) demonstrate severe operational inefficiency and margin compression. ChatGPT: Operating margin of 1.6% and net margin of 0.8% leave little buffer against cost pressure or demand weakness. Liquidity is tight with a 1.06x current ratio, 0.33x quick ratio, and only $33.96M of cash.

What is CAL's revenue and growth?

Caleres Inc. reported revenue of $2.1B.

Does CAL pay dividends?

Caleres Inc. pays dividends, with $7.1M distributed to shareholders in the trailing twelve months.

Where can I find CAL SEC filings?

Official SEC filings for Caleres Inc. (CIK: 0000014707) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CAL's EPS?

Caleres Inc. has a diluted EPS of $0.47.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CAL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Caleres Inc. has a SELL rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CAL stock overvalued or undervalued?

Valuation metrics for CAL: ROE of 2.6% (sector avg: 15%), net margin of 0.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy CAL stock in 2026?

Our dual AI analysis gives Caleres Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CAL's free cash flow?

Caleres Inc.'s operating cash flow is $40.5M, with capital expenditures of $44.1M. FCF margin is -0.2%.

How does CAL compare to other Market stocks?

Vs Default sector averages: Net margin 0.8% (avg: 12%), ROE 2.6% (avg: 15%), current ratio 1.06 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-11-01 | Powered by Claude AI