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All stocks · Consumer Cyclical · Footwear

Birkenstock BIRK

Birkenstock scores good on business quality (6.6 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$33.65Oct 10, 2026
Business qualityGood
Next earningsDec 16, 2026, before the open
Insiders, 90 daysSelling

Why it matters

  1. What Birkenstock does

    Birkenstock manufactures and sells branded footwear, primarily sandals and closed-toe shoes, generating revenue globally through direct-to-consumer channels and wholesale partners.

  2. What it does best

    Birkenstock commands pricing power via its iconic footbed design, yielding a gross margin of 56.9% that places it in the top quartile of its sector. This heritage brand loyalty protects it from generic footwear copies.

  3. The main risk

    Sector-wide weakness in footwear demand, highlighted by peer reporting drops, threatens consumer discretionary spending on higher-end casual apparel and could compress volume growth.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

Operating margin reaches 25.0% and FCF margin hits the sector's top quartile at 74th percentile, showing strong operational leverage as revenue scales.

MoatFair

Brand heritage locks in loyal consumers, backed by an operating margin in the top decile of its sector at 25.0%.

GrowthFast

Revenue grew 16.2% to $2.3B, continuing a multi-year expansion trend visible across annual periods.

Financial healthFair

Debt-to-equity sits at 0.5x alongside $368M in cash, supporting $291M in free cash flow. The balance sheet is holding steady.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $1.1B outside pre-planned sales.

Our sealed record on BIRK

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is BIRK a good business?

Birkenstock scores good on the Cluenex quality check (6.6 of 10), measured against its own industry. Profitability is fair, moat fair, growth fast and financial health fair.

Are insiders buying BIRK?

In the last 90 days of SEC Form 4 filings: 1 sold $1.1B outside pre-planned sales.

When does BIRK report earnings?

Dec 16, 2026, before the open.

For members

See BIRK today

  • Today's verdict on BIRK, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Birkenstock (BIRK)”, https://cluenex.com/stocks/birk/, data as of Oct 10, 2026.