Buckle, Inc. (The) — Earnings Quality Grade B
BKE · Consumer Cyclical
Generally healthy
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 3 days, change +1 days YoY
AR growth 62.5% exceeds revenue growth 6.6%
Revenue 6.6%, CFFO 3.8%. Cash follows revenue
Expense Quality
Inventory 15.5% vs COGS 5.9%. Normal
CapEx growth 7.3% vs revenue 6.6%. Normal
SG&A/Gross Profit = 58.9%. Normal
Gross margin 49.0%, change +0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.20. Profits backed by cash
FCF $0.2B, FCF/NI = 0.98
Accruals ratio = -4.2%. Low accruals
Cash $0.3B covers 71% of debt $0.4B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 1.3x. Healthy
Other assets -13.9% vs revenue 6.6%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -2.14 (grey zone)
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25