Want to see COLM full AI Analyst Report?
Top Page
Columbia Sportswear
(NASDAQ:COLM)
Select Model
Select Model
Rating:70Outperform
Price Target:
$74.00
▲(21.73% Upside)
Action:Reiterated
Date:06/17/26
Overall score reflects solid financial stability but muted growth and margin compression as the main constraint. Technicals are supportive with a clear uptrend across key moving averages, while valuation is only moderately supportive given a ~20.8 P/E and modest yield. Earnings call signals confidence in H2 improvement and margin guidance, but tariff and U.S. demand risks keep the score in the middle-high range.
Positive Factors
Strong balance sheet and committed liquidity
A large cash balance, no outstanding debt and a refreshed $500M revolver materially improve financial flexibility over the next 2–6 months. This reduces refinancing risk, supports working-capital funding for seasonal inventory, enables opportunistic buybacks/dividends, and cushions against geopolitical or cost shocks.
Negative Factors
Sustained margin and profitability compression
A multi-year decline in net and operating margins reduces the company’s earnings resilience. With gross margin broadly steady, the erosion suggests structural pressure on operating leverage or higher SG&A, limiting the firm's ability to reinvest, absorb cost shocks or sustain ROE at prior levels absent durable revenue reacceleration.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet and committed liquidity
A large cash balance, no outstanding debt and a refreshed $500M revolver materially improve financial flexibility over the next 2–6 months. This reduces refinancing risk, supports working-capital funding for seasonal inventory, enables opportunistic buybacks/dividends, and cushions against geopolitical or cost shocks.
Read all positive factors
Columbia Sportswear Key Performance Indicators (KPIs)
Any
Operating Income by Geography
Compares profitability across regions to reveal where Columbia earns its highest margins and where costs, distribution expenses, or pricing pressure are weighing on profits—useful for spotting efficiency or structural risks by market.
Compares profitability across regions to reveal where Columbia earns its highest margins and where costs, distribution expenses, or pricing pressure are weighing on profits—useful for spotting efficiency or structural risks by market.
Data provided by:
The Fly
The FlyColumbia Sportswear (COLM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.25B
Dividend Yield2.18%
Average Volume (3M)505.44K
Price to Earnings (P/E)20.2
Beta (1Y)0.64
Revenue Growth0.54%
EPS Growth-19.72%
CountryUS
Employees9,780
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)3.15
Shares Outstanding51,140,793
10 Day Avg. Volume471,258
30 Day Avg. Volume505,439
Financial Highlights & Ratios
PEG Ratio-1.10
Price to Book (P/B)1.76
Price to Sales (P/S)0.89
P/FCF Ratio13.90
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue1.01
Enterprise Value/Gross Profit2.01
Enterprise Value/Ebitda12.27
Forecast
1Y Price Target
$66.40Price Target Upside9.23% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)3.8
Revenue Forecast (FY)$3.48B
Columbia Sportswear Business Overview & Revenue Model
Company Description
Columbia Sportswear Company, including its various business units, operates as a global enterprise focused on the design, procurement, promotion, and sale of clothing, footwear, gear, and accessories. These products cater to outdoor adventures, ac...
How the Company Makes Money
Columbia Sportswear makes money primarily by selling branded products—outerwear, sportswear, footwear, accessories, and equipment—through two main routes: wholesale and direct-to-consumer (DTC). In wholesale, the company sells goods in bulk to dep...
Columbia Sportswear Earnings Call Summary
Earnings Call Date:Apr 30, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call reflected a broadly constructive tone: strong international growth, product and marketing momentum, a healthier fall order book and meaningful share repurchases underpin confidence in the ACCELERATE strategy, while notable headwinds—most prominently tariffs, U.S. sales softness, inventory/unit declines and geopolitical risks—create near-term margin and demand uncertainty. Management maintained full-year guidance (net sales +1% to +3%) and raised operating margin guidance, signaling confidence despite the risks.Positive Updates
Net Sales and Profitability Beat Guidance
Net sales roughly flat YoY at $779 million while diluted EPS came in above quarterly guidance; outperformance driven by early spring 2026 wholesale shipments, stronger-than-expected demand in Europe and disciplined expense management.
Negative Updates
U.S. Sales Weakness
U.S. net sales declined 10% YoY (U.S. wholesale down low-teens, U.S. DTC down high-single-digits); brick-and-mortar down mid-single-digits and e-commerce down low-teens, driven by constrained supply of winter product and reduced clearance activity.
Read all updates
Q1-2026 Updates
Positive
Negative
Net Sales and Profitability Beat Guidance
Net sales roughly flat YoY at $779 million while diluted EPS came in above quarterly guidance; outperformance driven by early spring 2026 wholesale shipments, stronger-than-expected demand in Europe and disciplined expense management.
Read all positive updates
Company Guidance
Columbia reiterated full‑year 2026 guidance of net sales growth of 1%–3%, gross margin of 50.3%–50.5% (implying down ~20 bps to flat versus prior year), SG&A of 43.6%–44.2% of sales, an operating margin of 6.7%–7.5% and diluted EPS of $3.55–$4. For Q2 (seasonally the weakest quarter) the company expects sales down 1% to up 1% year‑over‑year and a loss per share of $0.46–$0.37; management also expects mid‑single‑digit wholesale growth in H2 supported by a fall ’26 order book trending mid‑single‑digits globally (U.S. wholesale now expected low‑ to mid‑single‑digit, with double‑digit growth in women’s and footwear). Management warned of an approximate 200‑basis‑point unmitigated tariff headwind to full‑year gross margin (vs. ~300 bps previously), noted $80M of IEEPA tariffs paid (≈$55M recognized in cost of sales, remainder in inventory) with refund claims filed but not assumed in the outlook, and called out additional uncertainty from the Middle East conflict and commodity/input cost pressure.Columbia Sportswear Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
76
Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.40B | 3.40B | 3.37B | 3.49B | 3.46B | 3.13B |
| Gross Profit | 1.71B | 1.71B | 1.69B | 1.73B | 1.71B | 1.61B |
| EBITDA | 279.08M | 286.46M | 354.13M | 393.35M | 546.90M | 567.08M |
| Net Income | 169.28M | 177.22M | 223.27M | 251.40M | 311.44M | 354.11M |
Balance Sheet | ||||||
| Total Assets | 2.56B | 2.93B | 2.98B | 2.94B | 3.05B | 3.17B |
| Cash, Cash Equivalents and Short-Term Investments | 535.35M | 790.79M | 815.48M | 764.50M | 430.96M | 894.55M |
| Total Debt | 472.57M | 866.88M | 449.19M | 407.86M | 379.31M | 385.10M |
| Total Liabilities | 981.62M | 1.22B | 1.20B | 1.00B | 1.12B | 1.18B |
| Stockholders Equity | 1.58B | 1.71B | 1.78B | 1.94B | 1.94B | 1.99B |
Cash Flow | ||||||
| Free Cash Flow | 174.35M | 216.74M | 431.24M | 581.69M | -83.71M | 319.66M |
| Operating Cash Flow | 237.40M | 282.90M | 491.04M | 636.30M | -25.24M | 354.41M |
| Investing Cash Flow | 65.28M | -120.72M | 87.33M | -461.82M | 72.74M | -163.75M |
| Financing Cash Flow | -318.11M | -267.12M | -386.24M | -254.79M | -360.83M | -210.89M |
Columbia Sportswear Technical Analysis
Neutral
60.79
Price Trends
63.12
Negative
60.58
Positive
57.15
Positive
Market Momentum
-0.17
Positive
47.39
Neutral
58.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COLM, the sentiment is Neutral. The current price of 60.79 is below the 20-day moving average (MA) of 64.24, below the 50-day MA of 63.12, and above the 200-day MA of 57.15, indicating a neutral trend. The MACD of -0.17 indicates Positive momentum. The RSI at 47.39 is Neutral, neither overbought nor oversold. The STOCH value of 58.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for COLM.
Columbia Sportswear Risk Analysis
Columbia Sportswear disclosed 32 risk factors in its most recent earnings report. Columbia Sportswear reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Columbia Sportswear Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $9.21B | 17.63 | 28.33% | 2.58% | 4.34% | 20.99% | |
70 Outperform | $3.25B | 20.18 | 10.26% | 2.18% | 0.54% | -19.72% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | $6.49B | 25.99 | 15.92% | 1.95% | -0.72% | ― | |
52 Neutral | $2.78B | -5.70 | -30.13% | ― | -3.39% | -152.87% | |
50 Neutral | $2.78B | -5.70 | -30.13% | ― | -3.39% | -152.87% |
* Consumer Cyclical Sector Average
COLM
Columbia Sportswear
62.97
2.84
4.72%
UA
Under Armour
6.61
0.19
2.96%
VFC
VF
16.77
4.70
38.96%
UAA
Under Armour
6.79
-0.06
-0.88%
LEVI
Levi Strauss & Co
24.31
2.92
13.67%
Columbia Sportswear Corporate Events
Business Operations and StrategyShareholder Meetings
Columbia Sportswear Shareholders Expand Stock Incentive Plan
Positive
Jun 16, 2026
At its June 10, 2026 annual meeting, Columbia Sportswear shareholders approved an amended and restated 2020 Stock Incentive Plan, doubling the equity pool to 9 million shares to strengthen the company’s ability to attract and retain employee...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Columbia Sportswear Posts Flat Q1 2026 Results, Raises Outlook
Neutral
Apr 30, 2026
In its April 30, 2026 release, Columbia Sportswear reported first-quarter 2026 results showing essentially flat net sales of $779 million, a 20-basis-point gross margin contraction to 50.7%, and a 10% decline in operating income to $42 million, wi...
Business Operations and StrategyPrivate Placements and Financing
Columbia Sportswear Secures New $500 Million Credit Facility
Positive
Mar 20, 2026
On March 19, 2026, Columbia Sportswear Company entered into a new unsecured revolving credit facility of up to $500 million in U.S. dollars with JPMorgan Chase Bank and other lenders, maturing March 19, 2031, to fund working capital and general co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.