What is Movado Group's earnings per share (EPS)?

Movado Group (MOVAA) reported diluted earnings per share of $1.17 for fiscal year 2026. This represents a 44.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Movado Group Financials

MOVAA

Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE January

This page shows Movado Group (MOVAA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MOVAA FY2026 2026-04-22

Stable gross margins but heavy fixed overhead turned modest sales swings into an earnings squeeze and only partial recovery.

Cash conversion improved more than profit in the latest year: operating cash flow of $57.9M and free cash flow of $53.4M both rebounded even though reported earnings remained thin. The clearest bridge is working-capital release as inventory fell from $189.3M to $158.3M, showing that part of the recovery came from cash being freed out of the balance sheet rather than from a full margin rebuild.

Merchandise economics look steadier than bottom-line results imply. Gross margin stayed in the mid-50% range, but operating margin was only 4.4%, which points to overhead absorption pressure after sales softened rather than a fundamental collapse in gross profitability. SG&A barely moved, so a smaller revenue base had less room to cover store and corporate costs.

Liquidity remains a defining strength. Cash of $230.5M sits close to total liabilities of $232.4M, which helps explain how dividends and small buybacks continued while profits were compressed. A current ratio of 4.6x reinforces that near-term obligations are not the main constraint.

Financial Health Signals

Financial health score pending refresh

We are recalculating Movado Group's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

7/7

Movado Group passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.18x

For every $1 of reported earnings, Movado Group generates $2.18 in operating cash flow ($57.9M OCF vs $26.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

58.8x

Movado Group earns $58.8 in operating income for every $1 of interest expense ($29.8M vs $507K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$671.3M

YoY+2.7%

5Y CAGR+5.8%

10Y CAGR+1.2%

Movado Group generated $671.3M in revenue in fiscal year 2026. This represents an increase of 2.7% from the prior year.

EBITDA

$39.2M

YoY+33.8%

10Y CAGR-7.2%

Movado Group's EBITDA was $39.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 33.8% from the prior year.

Net Income

$26.6M

YoY+44.6%

10Y CAGR-5.2%

Movado Group reported $26.6M in net income in fiscal year 2026. This represents an increase of 44.6% from the prior year.

EPS (Diluted)

$1.17

YoY+44.4%

10Y CAGR-4.7%

Movado Group earned $1.17 per diluted share (EPS) in fiscal year 2026. This represents an increase of 44.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$53.4M

YoY+664.0%

5Y CAGR-4.0%

10Y CAGR-2.2%

Movado Group generated $53.4M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 664.0% from the prior year.

Cash & Debt

$225.3M

YoY+10.9%

5Y CAGR+3.8%

10Y CAGR+1.0%

Movado Group held $225.3M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

$1.40

YoY+0.0%

10Y CAGR+12.3%

Movado Group paid $1.40 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

54.2%

YoY+0.1pp

5Y CAGR+0.7pp

10Y CAGR+0.9pp

Movado Group's gross margin was 54.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.

Operating Margin

4.4%

YoY+1.4pp

5Y CAGR+32.5pp

10Y CAGR-7.3pp

Movado Group's operating margin was 4.4% in fiscal year 2026, reflecting core business profitability. This is up 1.4 percentage points from the prior year.

Net Margin

4.0%

YoY+1.2pp

5Y CAGR+26.0pp

10Y CAGR-3.6pp

Movado Group's net profit margin was 4.0% in fiscal year 2026, showing the share of revenue converted to profit. This is up 1.2 percentage points from the prior year.

Return on Equity

5.3%

YoY+1.5pp

5Y CAGR+31.4pp

10Y CAGR-4.6pp

Movado Group's ROE was 5.3% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$3.9M

YoY+48.4%

10Y CAGR-22.3%

Movado Group spent $3.9M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 48.4% from the prior year.

Capital Expenditures

$4.5M

YoY-43.4%

5Y CAGR+8.4%

10Y CAGR-5.6%

Movado Group invested $4.5M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 43.4% from the prior year.

MOVAA Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$671.3M+2.7%	$653.4M-1.7%	$664.4M-10.7%	$744.2M+1.6%	$732.4M+44.6%	$506.4M
Cost of Revenue	$307.7M+2.5%	$300.2M0.0%	$300.2M-4.7%	$315.1M+0.6%	$313.3M+32.8%	$235.9M
Gross Profit	$363.6M+3.0%	$353.1M-3.0%	$364.2M-15.1%	$429.1M+2.4%	$419.1M+54.9%	$270.5M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$333.8M+0.2%	$333.1M+5.5%	$315.7M+0.7%	$313.5M+4.0%	$301.6M+17.5%	$256.7M
Operating Income	$29.8M+49.0%	$20.0M-58.7%	$48.5M-58.1%	$115.6M-1.6%	$117.5M+182.7%	-$142.1M
Interest Expense	$507K+3.7%	$489K-1.6%	$497K-4.1%	$518K-24.7%	$688K-64.9%	$2.0M
Income Tax	$7.5M+0.6%	$7.4M-36.9%	$11.8M-51.4%	$24.3M-2.1%	$24.8M+179.4%	-$31.2M
Net Income	$26.6M+44.6%	$18.4M-55.6%	$41.3M-54.3%	$90.4M+0.2%	$90.2M+180.9%	-$111.5M
EPS (Diluted)	$1.17+44.4%	$0.81-55.7%	$1.83-53.6%	$3.94+1.8%	$3.87+180.6%	$-4.80

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Revenue	$142.4M-25.7%	$191.6M+2.9%	$186.1M+15.0%	$161.8M+22.8%	$131.8M-27.4%	$181.5M+0.5%	$180.5M+15.0%	$157.0M
Cost of Revenue	$60.8M-30.9%	$87.9M+3.4%	$85.1M+14.6%	$74.3M+22.9%	$60.4M	N/A	$83.9M+16.9%	$71.7M
Gross Profit	$81.6M-21.3%	$103.6M+2.5%	$101.1M+15.4%	$87.6M+22.7%	$71.3M-27.4%	$98.3M+1.8%	$96.6M+13.3%	$85.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$74.6M-17.0%	$89.8M+0.6%	$89.3M+6.9%	$83.6M+17.6%	$71.1M	N/A	$90.6M+9.7%	$82.6M
Operating Income	$7.0M-49.2%	$13.8M+17.7%	$11.7M+192.6%	$4.0M+1277.0%	$291K-96.8%	$9.2M+52.9%	$6.0M+128.3%	$2.6M
Interest Expense	$102K-32.0%	$150K+10.3%	$136K+23.6%	$110K-0.9%	$111K	N/A	$144K+30.9%	$110K
Income Tax	$1.9M+22.4%	$1.6M-51.4%	$3.3M+67.0%	$2.0M+197.1%	$660K	N/A	$2.4M+180.5%	$843K
Net Income	$6.9M-44.8%	$12.6M+31.1%	$9.6M+220.9%	$3.0M+110.3%	$1.4M-82.4%	$8.1M+66.8%	$4.8M+39.1%	$3.5M
EPS (Diluted)	$0.30	N/A	$0.42+223.1%	$0.13+116.7%	$0.06-83.3%	$0.36+71.4%	$0.21+40.0%	$0.15

MOVAA Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$734.0M-1.8%	$747.2M+1.5%	$736.0M0.0%	$735.8M-0.6%	$740.0M+6.5%	$694.7M
Current Assets	$514.2M+0.6%	$511.0M+1.8%	$501.9M-3.4%	$519.7M-1.0%	$525.0M+8.6%	$483.5M
Cash & Equivalents	$225.3M+10.9%	$203.1M-9.9%	$225.4M+13.7%	$198.3M-12.0%	$225.3M+20.5%	$186.9M
Inventory	$182.0M-3.9%	$189.3M+14.6%	$165.2M-16.7%	$198.2M+10.1%	$180.0M+5.9%	$170.0M
Accounts Receivable	$80.0M-8.3%	$87.3M+7.7%	$81.0M-5.2%	$85.5M-7.9%	$92.7M+18.0%	$78.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$227.1M-9.8%	$251.8M+3.1%	$244.1M-0.7%	$245.8M-10.8%	$275.5M+4.8%	$262.9M
Current Liabilities	$112.7M-10.2%	$125.6M+21.5%	$103.4M-10.3%	$115.3M-16.7%	$138.4M+20.8%	$114.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$505.5M+2.5%	$493.2M+0.7%	$489.6M+0.5%	$487.1M+6.0%	$459.6M+7.7%	$426.8M
Retained Earnings	$441.4M+0.2%	$440.3M-2.9%	$453.7M+0.6%	$451.1M+6.3%	$424.2M+22.4%	$346.4M

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Total Assets	$734.0M-1.2%	$742.6M-1.2%	$751.9M+0.4%	$748.7M+0.2%	$747.2M+2.5%	$729.2M-2.4%	$747.2M+0.6%	$742.5M
Current Assets	$514.2M-0.6%	$517.2M-0.9%	$522.0M+1.1%	$516.2M+1.0%	$511.0M+4.3%	$489.9M-2.3%	$501.5M-1.1%	$507.2M
Cash & Equivalents	$225.3M-2.3%	$230.5M+25.4%	$183.9M+1.9%	$180.5M-11.1%	$203.1M-2.6%	$208.5M+14.8%	$181.5M-8.4%	$198.3M
Inventory	$182.0M+14.9%	$158.3M-19.6%	$196.9M-6.9%	$211.5M+11.7%	$189.3M+20.8%	$156.7M-11.0%	$176.1M-3.8%	$183.2M
Accounts Receivable	$80.0M-21.6%	$102.0M-13.8%	$118.3M+25.3%	$94.4M+8.2%	$87.3M-6.6%	$93.4M-18.0%	$113.9M+31.3%	$86.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$227.1M-2.3%	$232.4M-7.8%	$252.0M-1.7%	$256.5M+1.9%	$251.8M+2.5%	$245.7M-3.0%	$253.3M+2.1%	$248.1M
Current Liabilities	$112.7M-0.3%	$113.0M-12.2%	$128.7M-2.1%	$131.4M+4.7%	$125.6M+11.1%	$113.0M-2.3%	$115.7M+1.1%	$114.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$505.5M-0.7%	$508.8M+2.3%	$497.5M+1.5%	$489.9M-0.7%	$493.2M+2.5%	$481.3M-2.0%	$491.3M-0.2%	$492.0M
Retained Earnings	$441.4M-0.2%	$442.2M+1.1%	$437.4M+0.4%	$435.6M-1.1%	$440.3M-1.4%	$446.7M+0.1%	$446.4M-0.7%	$449.3M

MOVAA Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$57.9M+3951.1%	-$1.5M-102.0%	$76.8M+41.3%	$54.3M-58.5%	$130.8M+91.2%	$68.4M
Capital Expenditures	$4.5M-43.4%	$8.0M-3.1%	$8.2M+16.1%	$7.1M+25.3%	$5.7M+87.4%	$3.0M
Free Cash Flow	$53.4M+664.0%	-$9.5M-113.8%	$68.6M+45.1%	$47.3M-62.2%	$125.2M+91.4%	$65.4M
Investing Cash Flow	-$8.1M+41.1%	-$13.7M-19.8%	-$11.5M-8.8%	-$10.6M-33.3%	-$7.9M-324.3%	-$1.9M
Financing Cash Flow	-$36.3M-2.5%	-$35.4M+38.5%	-$57.6M+11.8%	-$65.3M+2.0%	-$66.6M-93.7%	-$34.4M
Dividends Paid	$31.1M-0.1%	$31.1M-41.5%	$53.1M+69.5%	$31.4M+42.7%	$22.0M	$0
Share Buybacks	$3.9M+48.4%	$2.6M-15.7%	$3.1M-90.1%	$31.4M+39.0%	$22.6M	$0

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Operating Cash Flow	$7.0M-87.7%	$56.7M+361.3%	$12.3M+423.0%	-$3.8M+47.3%	-$7.2M-118.4%	$39.1M+929.4%	-$4.7M+73.6%	-$17.8M
Capital Expenditures	$1.2M+15.4%	$1.0M+45.8%	$686K-46.9%	$1.3M-15.7%	$1.5M-4.1%	$1.6M-34.9%	$2.5M+7.3%	$2.3M
Free Cash Flow	$5.8M-89.6%	$55.7M+379.9%	$11.6M+327.6%	-$5.1M+41.8%	-$8.7M-123.3%	$37.5M+623.2%	-$7.2M+64.4%	-$20.1M
Investing Cash Flow	-$1.7M+5.4%	-$1.8M-16.2%	-$1.5M+19.5%	-$1.9M+32.4%	-$2.8M-55.8%	-$1.8M+49.6%	-$3.6M-3.0%	-$3.5M
Financing Cash Flow	-$9.5M+12.6%	-$10.9M-40.6%	-$7.8M+54.8%	-$17.2M-3572.6%	-$467K+94.4%	-$8.4M+10.6%	-$9.3M-19.9%	-$7.8M
Dividends Paid	$7.7M0.0%	$7.7M0.0%	$7.7M-0.3%	$7.8M	$0-100.0%	$7.8M-0.3%	$7.8M0.0%	$7.8M
Share Buybacks	$1.5M-33.2%	$2.3M	$0-100.0%	$1.6M	$0	$0-100.0%	$1.5M	$0

MOVAA Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	54.2%+0.1pp	54.0%-0.8pp	54.8%-2.8pp	57.7%+0.4pp	57.2%+3.8pp	53.4%
Operating Margin	4.4%+1.4pp	3.1%-4.2pp	7.3%-8.2pp	15.5%-0.5pp	16.0%+44.1pp	-28.1%
Net Margin	4.0%+1.2pp	2.8%-3.4pp	6.2%-5.9pp	12.1%-0.2pp	12.3%+34.3pp	-22.0%
Return on Equity	5.3%+1.5pp	3.7%-4.7pp	8.4%-10.1pp	18.6%-1.1pp	19.6%+45.8pp	-26.1%
Return on Assets	3.6%+1.2pp	2.5%-3.2pp	5.6%-6.7pp	12.3%+0.1pp	12.2%+28.2pp	-16.1%
Current Ratio	4.56+0.5	4.07-0.8	4.86+0.3	4.51+0.7	3.79-0.4	4.22
Debt-to-Equity	0.45-0.1	0.51+0.0	0.500.0	0.50-0.1	0.60-0.0	0.62
FCF Margin	8.0%+9.4pp	-1.5%-11.8pp	10.3%+4.0pp	6.3%-10.7pp	17.1%+4.2pp	12.9%

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Gross Margin	57.3%+3.2pp	54.1%-0.2pp	54.3%+0.2pp	54.1%-0.0pp	54.1%-0.0pp	54.2%+0.7pp	53.5%-0.8pp	54.3%
Operating Margin	4.9%-2.3pp	7.2%+0.9pp	6.3%+3.8pp	2.5%+2.3pp	0.2%-4.9pp	5.1%+1.7pp	3.3%+1.7pp	1.7%
Net Margin	4.9%-1.7pp	6.6%+1.4pp	5.1%+3.3pp	1.8%+0.8pp	1.1%-3.4pp	4.4%+1.8pp	2.7%+0.5pp	2.2%
Return on Equity	1.4%-1.1pp	2.5%+0.5pp	1.9%+1.3pp	0.6%+0.3pp	0.3%-1.4pp	1.7%+0.7pp	1.0%+0.3pp	0.7%
Return on Assets	0.9%-0.7pp	1.7%+0.4pp	1.3%+0.9pp	0.4%+0.2pp	0.2%-0.9pp	1.1%+0.4pp	0.7%+0.2pp	0.5%
Current Ratio	4.56-0.0	4.58+0.5	4.06+0.1	3.93-0.1	4.07-0.3	4.340.0	4.34-0.1	4.43
Debt-to-Equity	0.450.0	0.46-0.1	0.51-0.0	0.52+0.0	0.510.0	0.510.0	0.52+0.0	0.50
FCF Margin	4.1%-25.0pp	29.0%+22.8pp	6.2%+9.4pp	-3.1%+3.5pp	-6.6%-27.3pp	20.7%+24.6pp	-4.0%+8.9pp	-12.8%

Frequently Asked Questions

What is Movado Group's annual revenue?

Movado Group (MOVAA) reported $671.3M in total revenue for fiscal year 2026. This represents a 2.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Movado Group's revenue growing?

Movado Group (MOVAA) revenue grew by 2.7% year-over-year, from $653.4M to $671.3M in fiscal year 2026.

Is Movado Group profitable?

Yes, Movado Group (MOVAA) reported a net income of $26.6M in fiscal year 2026, with a net profit margin of 4.0%.

What is Movado Group's EBITDA?

Movado Group (MOVAA) had EBITDA of $39.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Movado Group's gross margin?

Movado Group (MOVAA) had a gross margin of 54.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Movado Group's operating margin?

Movado Group (MOVAA) had an operating margin of 4.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Movado Group's net profit margin?

Movado Group (MOVAA) had a net profit margin of 4.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Movado Group pay dividends?

Yes, Movado Group (MOVAA) paid $1.40 per share in dividends during fiscal year 2026.

What is Movado Group's return on equity (ROE)?

Movado Group (MOVAA) has a return on equity of 5.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Movado Group's free cash flow?

Movado Group (MOVAA) generated $53.4M in free cash flow during fiscal year 2026. This represents a 664.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Movado Group's operating cash flow?

Movado Group (MOVAA) generated $57.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Movado Group's total assets?

Movado Group (MOVAA) had $734.0M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Movado Group's capital expenditures?

Movado Group (MOVAA) invested $4.5M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does Movado Group buy back shares?

Yes, Movado Group (MOVAA) spent $3.9M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

What is Movado Group's current ratio?

Movado Group (MOVAA) had a current ratio of 4.56 as of fiscal year 2026, which is generally considered healthy.

What is Movado Group's debt-to-equity ratio?

Movado Group (MOVAA) had a debt-to-equity ratio of 0.45 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Movado Group's return on assets (ROA)?

Movado Group (MOVAA) had a return on assets of 3.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Movado Group's Piotroski F-Score?

Movado Group (MOVAA) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Movado Group's earnings high quality?

Movado Group (MOVAA) has an earnings quality ratio of 2.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Movado Group cover its interest payments?

Movado Group (MOVAA) has an interest coverage ratio of 58.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.