Birkenstock Holding plc (BIRK)
Birkenstock Holding plc specializes in the creation and distribution of various foot-related products. While renowned for its extensive collection of footwear, which includes sandals, shoes, and closed-toe designs, the company also expands its offerings to encompass skincare items and accessories. These products are made available to customers through a diverse range of channels, including its own online retail platforms, a network of company-owned physical stores, and wholesale partnerships with other businesses. The company maintains a broad international footprint, conducting operations in significant markets such as the United States, Brazil, Canada, Mexico, Europe, and the APMA (Asia Pacific, Middle East, Africa) region. Established in 1774, Birkenstock Holding plc is headquartered in London, United Kingdom, and functions as a subsidiary of BK LC Lux MidCo S.à r.l.
Sector: Footwear, (No Rubber)
Industry: Apparel - Footwear & Accessories
Birkenstock Holding plc
NYSE:BIRKConsumer Cyclical · Apparel - Footwear & Accessories
-3.30%$32.57
AH Close$32.25-0.98%vs close
AH Close$32.25-0.98%vs close
Mkt Cap$5.38B
Float48.12M
O/S165.13M
Inst Own85.5%
SI13.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.35B
Net Income$389.88M
Total Assets$5.53B
Free Cash Flow$322.67M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$1.47B
Total Equity$3.05B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BIRK's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.53B
Liabilities$2.48B
Accounts Receivable$211.97M
Accounts Payable$80.72M
Inventory$788.45M
PP&E (Net)$601.35M
Goodwill$1.69B
Intangible Assets$1.77B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Revenue | $2.35B | $2.02B | $1.67B | $1.39B | $1.08B | $815.46M |
| YoY Growth | 16.2% | 21.0% | 20.0% | 29.2% | 32.1% | - |
| Cost of Revenue | $960.05M | $832.77M | $633.66M | $551.85M | $466.16M | $524.14M |
| Gross Profit | $1.39B | $1.19B | $1.04B | $839.25M | $610.74M | $291.33M |
| Gross Margin | 59.1% | 58.8% | 62.1% | 60.3% | 56.7% | 35.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $679.66M | $605.32M | $625.32M | $410.48M | $373.88M | $321.45M |
| Other | $92.84M | $110.58M | $119.13M | $22.44M | -$20.85M | $17.68M |
| Total Operating Expenses | $772.5M | $715.9M | $744.45M | $432.92M | $353.03M | $339.13M |
| Operating Income (EBIT) | $615.1M | $471.32M | $291.79M | $406.34M | $257.72M | -$47.8M |
| Operating Margin | 26.2% | 23.3% | 17.5% | 29.2% | 23.9% | -5.9% |
| Interest Expense | $84.59M | $121.55M | $137.99M | $92.49M | $89.14M | $97.57M |
| Interest Income | $7.84M | $8.99M | $2.68M | $101K | $0 | $0 |
| Other Income (Expense) | -$89.06M | -$142.49M | -$119.81M | -$125.92M | -$89.14M | -$97.57M |
| Income Before Tax (EBT) | $526.05M | $328.83M | $171.98M | $280.41M | $168.58M | -$145.37M |
| Income Tax Expense | $136.17M | $114.37M | $88.01M | $70.98M | $38.25M | -$26.51M |
| Net Income | $389.88M | $214.46M | $83.97M | $209.43M | $130.33M | -$118.86M |
| Net Income Margin | 16.6% | 10.6% | 5.0% | 15.1% | 12.1% | -14.6% |
| Supplementary Data | ||||||
| EPS | 1.87 | 1.02 | 0.41 | 1.13 | 0.46 | -0.57 |
| Diluted EPS | 1.87 | 1.02 | 0.41 | 1.13 | 0.46 | -0.57 |
| Weighted Average OS | 186.51M | 187.60M | 182.72M | 182.72M | 182.72M | 187.83M |
| EBITDA | $737.72M | $563.75M | $403.34M | $463.86M | $320.95M | $3.75M |
| EBITDA Margin | 31.4% | 27.9% | 24.2% | 33.3% | 29.8% | 0.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $368.32M | $398.3M | $385.49M | $343.71M | $263.42M | $107.65M |
| Short-Term Investments | $13.16M | $14.01M | $10.06M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $381.48M | $412.3M | $395.56M | $343.71M | $263.42M | $107.65M |
| Accounts Receivable | $211.97M | $159.23M | $132.33M | $110.46M | $144.39M | $73.64M |
| Inventory | $788.45M | $699.35M | $666.09M | $599.5M | $402.07M | $236.9M |
| Other Current Assets | $21.74M | $11.58M | $5.08M | $9.72M | $6.02M | $2.67M |
| Total Current Assets | $1.43B | $1.3B | $1.21B | $1.07B | $818.42M | $425.4M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $601.35M | $548.66M | $457.84M | $356.53M | $282.25M | $233.81M |
| Goodwill | $1.69B | $1.74B | $1.78B | $1.87B | $1.74B | $14.58M |
| Intangible Assets | $1.77B | $1.83B | $1.91B | $2.03B | $1.89B | $204.66M |
| Long-Term Investments | $0 | $3.68M | $4.67M | $0 | $0 | $0 |
| Deferred Tax Assets | $12.93M | $131K | $0 | $5.14M | $0 | $18.36M |
| Other Long-Term Assets | $31.82M | $38.12M | $38.13M | $18.03M | $46.68M | $2.61M |
| Total Long-Term Assets | $4.1B | $4.17B | $4.19B | $4.29B | $3.96B | $474.02M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.53B | $5.47B | $5.4B | $5.36B | $4.78B | $899.42M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $80.72M | $83.59M | $89.05M | $64.18M | $74.35M | $24.1M |
| Short-Term Debt | $19.18M | $27.61M | $41.8M | $52.17M | $45.61M | $0 |
| Current Income Tax Payable | $136.75M | $30.12M | $109.19M | $71.21M | $18.64M | $27.17M |
| Current Unearned Revenue | $6.93M | $8.95M | $10.85M | $4.48M | $4.27M | $3.61M |
| Other Current Liabilities | $107.85M | $58.56M | $144M | $111.71M | $25.06M | $73.51M |
| Total Current Liabilities | $507.79M | $501.33M | $423.75M | $362.62M | $292.87M | $189.77M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $1.23B | $1.28B | $2B | $2.12B | $1.99B | $111.93M |
| Long-Term Unearned Revenue | $15.29M | $15.38M | $11.9M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $182.93M | $146.63M | $122.89M | $103.93M | $88.48M | $18.14M |
| Other Long-Term Liabilities | $380.48M | $428.42M | $42.27M | $37.03M | $4.16M | $11.48M |
| Total Long-Term Liabilities | $1.98B | $2.03B | $2.29B | $2.36B | $2.17B | $252.79M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.48B | $2.53B | $2.72B | $2.72B | $2.47B | $442.56M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $204.52M | $204.52M | $204.52M | $0 |
| Retained Earnings | $857.28M | $467.4M | $252.93M | $168.96M | -$40.47M | $106.5M |
| Comprehensive Income & Other | -$39.71M | $43.59M | $109.14M | $145.24M | $26.28M | $339.17M |
| Other Stockholders' Equity | $2.19B | $2.47B | $2.23B | $2.27B | $2.15B | $339.17M |
| Total Equity | $3.05B | $2.94B | $2.69B | $2.64B | $2.31B | $445.66M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.53B | $5.47B | $5.4B | $5.36B | $4.78B | $888.23M |
| Supplementary Data | ||||||
| Total Debt | $1.47B | $1.51B | $2.19B | $2.3B | $2.15B | $246.73M |
| Net Debt | $1.1B | $1.11B | $1.8B | $1.96B | $1.89B | $139.08M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Operating Activities | ||||||
| Net Income | $389.88M | $214.46M | $83.97M | $209.43M | $94.25M | $113.41M |
| Depreciation & Amortization | $127.08M | $113.38M | $93.36M | $90.96M | $63.24M | $51.55M |
| Deferred Income Tax | $136.17M | $114.37M | $88.01M | $70.98M | $1.98M | $26.99M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$65.29M | -$30.73M | -$30.11M | -$6.53M | -$12.37M | -$14.68M |
| Inventory | -$99.7M | -$53.68M | -$107.03M | -$178.09M | $9.24M | $44.36M |
| Accounts Payable | $0 | $0 | $12.03M | $13.83M | $23.23M | $0 |
| Other Working Capital | -$6.96M | -$14.37M | $35.06M | $8.47M | $7.79M | $4.81M |
| Total Working Capital Change | -$171.96M | -$98.77M | -$90.05M | -$162.32M | $27.82M | $34.49M |
| Other Non-Cash Items | -$63.41M | $136.41M | $226.23M | $53.02M | $15.22M | -$9.73M |
| Net Cash from Operating | $417.76M | $479.85M | $401.53M | $262.07M | $202.51M | $216.7M |
| Investing Activities | ||||||
| Capital Expenditures | -$85.88M | -$73.24M | -$114.34M | -$81.25M | -$24.36M | -$25.01M |
| Acquisitions | $0 | $0 | $0 | -$1.16M | $2.28M | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$18.42M | $7.43M | $1.59M | $2.22M | $1.72M | $21.1M |
| Net Cash from Investing | -$104.3M | -$65.81M | -$112.75M | -$80.19M | -$20.31M | -$3.92M |
| Financing Activities | ||||||
| Debt Repaid | $61.95M | $782.73M | $91.31M | $39.09M | -$107.96M | $30.66M |
| Common Stock Issuance | $0 | $487.94M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$217.96M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | -$174.72M | -$112.37M |
| Other Financing Activities | -$64.21M | -$102.62M | -$131.75M | -$78.79M | -$28.08M | -$2.77M |
| Net Cash from Financing | -$344.12M | -$397.4M | -$223.06M | -$117.88M | -$94.84M | -$145.79M |
| Forex Effect | $18.92M | -$3.83M | -$23.94M | $16.3M | $175.58M | -$2.95M |
| Net Change in Cash | -$11.74M | $12.8M | $41.78M | $80.29M | $262.93M | $64.04M |
| Supplementary Data | ||||||
| Operating Cash Flow | $417.76M | $479.85M | $401.53M | $262.07M | $202.51M | $216.7M |
| Capital Expenditure | -$95.09M | -$82.72M | -$115.23M | -$81.25M | -$24.36M | -$25.01M |
| Free Cash Flow | $322.67M | $397.13M | $286.3M | $180.82M | $178.69M | $191.69M |
| Cash at Beginning | $444.52M | $385.49M | $343.71M | $263.42M | $0 | $43.61M |
| Cash at End | $432.78M | $398.3M | $385.5M | $343.71M | $262.93M | $107.65M |