Canada Goose Holdings Inc.

GOOS

Canada Goose Holdings Inc., together with its subsidiaries, designs, manufactures, and sells performance luxury outerwear, apparel, footwear, and accessories for men, women, youth, children, and babies. It operates through three segments: Direct-to-Consumer, Wholesale, and Other.

Country: CanadaPrice: $8.74Market Cap: $853.6M

Company Profile

Industry: Apparel
SIC Sector: Apparel Manufacturing
Size: Small Cap($853.6M)
Revenue: $942.4M-4.4% YoY
Net Income: $66.3M+53.6% YoY

Financial Snapshot

Operating Margin12.2%
Return on Equity17.5%
Debt / Equity0.01
Current Ratio2.67
EPS (Diluted)$0.68+61.0%
Buybacks (1y)$0
Buybacks (2y)$104.5M
Shares Retired−0.3% / 7.1% 2y

Similar Companies

CTASCINTAS CORP
$79.8B
TPRTAPESTRY, INC.
$25.7B
RLRALPH LAUREN CORP
$23.2B
LULUlululemon athletica inc.
$13.6B

Shareholder Return

Fiscal 2024

Issued 0.3% of shares last year, 7.1% over two.

Buybacks
$0
Dividends
—

What drove EPS

A buyback raises earnings per share without the company earning more. This splits each year's change into the two.

FY21
39.2% = 35.7% + 2.6%
FY22
−26.7% = −29.0% + 3.2%
FY23
−17.5% = −19.8% + 2.8%
FY24
61.0% = 53.6% + 4.8%
Earnings Fewer shares More shares

The two parts do not sum exactly to the total — the difference is the cross-term, plus preferred capital where the company has any. It is left visible rather than distributed into the other two.

Share count is the denominator the filer used for diluted EPS, recovered as net income ÷ EPS — not the balance-sheet count, which is a point-in-time figure and would put the timing difference into this split. Years with a loss are omitted: a smaller share count makes a loss per share larger, so the decomposition inverts.

Company Financials

Annual data (10-K) · Last 5 years

MetricFY 2024FY 2023FY 2022FY 2021FY 2020
Market Cap$853.6M$1.2Best.$2.5Best.$3.2Best.$3.7Best.
Revenue$942.4M↓4%$985.4M↑9%$900.0M↑2%$878.8M↑23%$717.1M
Operating Income$114.7M↑25%$92.0M↓16%$109.2M↓14%$127.6M↑37%$92.8M
Net Income$66.3M↑54%$43.1M↓20%$53.8M↓29%$75.7M↑36%$55.8M
EPS (Diluted)$0.68↑61%$0.42↓17%$0.51↓27%$0.70↑39%$0.50
Gross Margin69.9%↑2%68.8%↑3%67.0%66.8%↑9%61.3%
Operating Margin12.2%↑30%9.3%↓23%12.1%↓16%14.5%↑12%12.9%
ROE17.5%↑25%14.0%↓10%15.5%↓30%22.1%↑82%12.2%
Total Debt$3.0M↓57%$6.9M↓66%$20.4M↑571%$3.0M$0
Shareholders' Equity$378.3M↑23%$308.1M↓11%$347.2M↑1%$342.4M↓25%$458.3M
Current Ratio2.67↑20%2.23↓9%2.45↓10%2.71↓21%3.42
Debt / Equity0.01↓65%0.02↓62%0.06↑562%0.010.00
Operating Cash Flow$204.4M↑68%$121.6M↑41%$86.0M↓29%$121.3M↓47%$229.0M
Free Cash Flow$192.0M↑137%$81.0M↑54%$52.6M↓44%$93.7M↓55%$207.7M
Scored from 10-K1d ago
MetricMarks

Risk-Aware Value

Akre

Three-Legged Stool

Druckenmiller

Macro-Enhanced Growth

Spier

Value Checklist

Pabrai

Dhandho Framework

Munger

Quality Focus

Ackman

Activist Value

Piotroski

F-Score

Greenblatt

Magic Formula

Lynch

GARP

Buffett

Quality Compounder

Graham

Defensive Value

VerdictHOLDBUYBUYBUYBUYBUYPASSHOLDNot rankedPASSPASSFAIL
Score
Analysis
Intrinsic ValueN/A
Margin of Safety-1.5%+55.8%+44.1%+66.3%+38.4%+83.9%+68.7%-123.5%-1.7%N/A+64.6%-13.2%
Data As Of10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)10-K (2026-08-15)

Where They Agree

  • Cash Flow

    All 6 investors pass GOOS's cash flow

    FCF Positive9/10 years FCF positive
    ✓MarksPositive FCF in majority of recent years
    P/E or FCF YieldP/E=17.8x, FCF Yield=16.4%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    (OCF - CapEx) / Market Cap16.4%
    ✓Ackman>= 4%
    Price / FCF per Share6.1x
    ✓Ackman<= 25
    Show 4 more metrics ▾
    Operating Cash Flow$204.4M
    ✓PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=18.09%, ROA=5.86%
    ✓PiotroskiCFO/Assets > ROA
    FCF Positive and Growing$192.0M
    ✓LynchPositive and growing
    Free Cash Flow Proxy$138.9M
    ✓BuffettPositive and growing

Where They Disagree

  • Profitability

    3 of 11 pass — Marks, Akre, Spier +5 more object

    Discount to Intrinsic Value-50.0% (IV=$8.05 vs Price=$12.07)
    ✗Marks>= 20% below intrinsic value
    Positive Net Income Frequency10/10 years positive
    ✓MarksPositive net income in >= 7 of last 10 years
    Return on Equity15.7% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    EPS Growth AccelerationLatest: 61.0%, Prior: -17.5%
    ✓DruckenmillerAccelerating EPS growth
    Show 19 more metrics ▾
    Margin of SafetyP/E=17.8x, P/B=3.1x
    ✗SpierP/E < 15 AND P/B < 2.0✗PabraiP/B < 1.5 or P/E < 15
    Operating Income / Revenue12.2%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity17.5%
    ✓Ackman>= 15%
    Net Income / Total Assets5.86%
    ✓PiotroskiROA > 0
    ROA Change YoY3.94% -> 5.86% (delta: +1.92%)
    ✓PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=18.09%, ROA=5.86%
    ✓PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY68.8% -> 69.9%
    ✓PiotroskiImproved YoY
    EBIT / Enterprise Value12.2%
    ✓Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=12.2%, ROC=43.9%
    ✓GreenblattBoth EY > 10% and ROC > 25%
    3-5 Year EPS CAGR-6.5%
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROE17.5%
    ✓Lynch> 15%
    Net Income Positive (10+ years)10/11 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (5-yr avg)16.3%
    ✓Buffett> 15% (5-yr avg)
    Operating Margin (10-yr trend)12.2% (latest)
    ✗BuffettStable or rising over 10 years
    Free Cash Flow Proxy$138.9M
    ✓BuffettPositive and growing
    Earnings Variance (10-yr CoV)0.45
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness-7.16x
    ✗Buffett$1 retained -> > $1 market value created
    Positive EPS (10 years)10/11 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)199.8%
    ✓Graham>= 33% growth
  • Debt & Leverage

    5 of 8 pass — Lynch, Buffett and Graham object

    Interest Coverage & Debt/EBITDAIC=N/A (no interest expense), D/EBITDA=0.0x
    ✓MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Debt Levels0.01
    ✓AkreDebt/Equity < 0.3✓MungerDebt/Equity < 0.5
    Total Debt / Shareholders Equity0.01
    ✓Ackman<= 1.0
    LT Debt / Total Assets Change0.00% -> 0.00%
    ✓PiotroskiDecreased YoY
    Show 4 more metrics ▾
    Total Debt / Equity0.01
    ✓Lynch< 0.33
    Cash - Long-term Debt
    ✗LynchPositive preferred
    Debt/Equity & Interest CoverageD/E: 0.01, IC: N/A
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    LT Debt vs Net Current Assets
    ✗GrahamLT Debt <= Net Current Assets
  • Valuation

    5 of 9 pass — Marks, Spier, Lynch +1 more object

    P/B or P/E vs. Historical AverageP/E=17.8x, P/B=3.1x
    ✗MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value-50.0% (IV=$8.05 vs Price=$12.07)
    ✗Marks>= 20% below intrinsic value
    Price vs. 200-day MAQualitative
    ✓DruckenmillerPrice above 200-day moving average
    Margin of SafetyP/E=17.8x, P/B=3.1x
    ✗SpierP/E < 15 AND P/B < 2.0
    Show 9 more metrics ▾
    P/E or FCF YieldP/E=17.8x, FCF Yield=16.4%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    Valuation ReasonablenessP/E=17.8x, OE Yield=11.9%
    ✓MungerP/E < 25 or Owner Earnings Yield > 5%
    Price / FCF per Share6.1x
    ✓Ackman<= 25
    EBIT / Enterprise Value12.2%
    ✓Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=12.2%, ROC=43.9%
    ✓GreenblattBoth EY > 10% and ROC > 25%
    P/E / EPS Growth RateP/E 17.8x (growth N/A)
    ✗Lynch< 1.0 (ideally < 0.5)
    Price / 3-yr avg EPS22.5x
    ✗Graham<= 15x
    Price-to-Book Ratio3.1x
    ✗Graham<= 1.5x
    P/E x P/B69.50
    ✗Graham<= 22.5
  • Growth

    2 of 5 pass — Druckenmiller, Ackman and Lynch object

    Positive Net Income Frequency10/10 years positive
    ✓MarksPositive net income in >= 7 of last 10 years
    EPS Growth AccelerationLatest: 61.0%, Prior: -17.5%
    ✓DruckenmillerAccelerating EPS growth
    Revenue Growth RateLatest: -4.4%, Prior: 9.5%
    ✗DruckenmillerRevenue growth accelerating
    3yr Median Revenue Growth2.4%
    ✗Ackman>= 5%
    Show 5 more metrics ▾
    Positive EPS Growth Frequency2/5 years with positive EPS growth
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    P/E / EPS Growth RateP/E 17.8x (growth N/A)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR-6.5%
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthInv: -18.4% vs Rev: -4.4%
    ✓LynchInventory growth < Revenue growth
    EPS Growth (3-yr avg, 10-yr window)199.8%
    ✓Graham>= 33% growth
  • Efficiency

    5 of 6 pass — Piotroski objects

    ROIC (high and growing)7/7 years ROIC > 15% (latest: 23.8%)
    ✓AkreROIC > 15% for 3+ years
    Reinvestment Rate x ROIC23.8% (RR=100% x ROIC=23.8%)
    ✓AkreReinvestment Rate * ROIC > 10%
    Return on Invested Capital23.8%
    ✓Munger> 15%
    Current Ratio Change YoY2.23 -> 2.67
    ✓PiotroskiIncreased YoY
    Show 5 more metrics ▾
    Revenue / Total Assets Change YoY0.90x -> 0.83x
    ✗PiotroskiImproved YoY
    EBIT / (NWC + Net Fixed Assets)43.9%
    ✓Greenblatt> 25%
    ROIC (3-5 yr avg)66.4%
    ✓Buffett> 10%
    ROIC - WACC+56.4%
    ✓BuffettPositive (WACC = 10%)
    Current Ratio2.67
    ✓Graham>= 2.0
  • Verdicts

    Split decision: 5 BUY · 3 PASS · 2 HOLD · 1 FAIL

    Overall verdict
    •MarksHOLD (6/8)✓AkreBUY (5/7)✓DruckenmillerBUY (6/7)✓SpierBUY (7/8)✓PabraiBUY (7/8)✓MungerBUY (7/7)✓AckmanPASS (5/9)•PiotroskiHOLD (F-Score 7)•GreenblattNot ranked✓LynchPASS (4/7)✓BuffettPASS (4/9)✗GrahamFAIL (3/9)
  • Valuation models

    Models split on GOOS at $8.74 — fair values range $3.91–$54.24

    Marks fair value$8.61
    ✗Marks-1.5% margin vs $8.74
    Akre fair value$19.77
    ✓Akre+55.8% margin vs $8.74
    Druckenmiller fair value$15.63
    ✓Druckenmiller+44.1% margin vs $8.74
    Spier fair value$25.94
    ✓Spier+66.3% margin vs $8.74
    Show 7 more metrics ▾
    Pabrai fair value$14.18
    ✓Pabrai+38.4% margin vs $8.74
    Munger fair value$54.24
    ✓Munger+83.9% margin vs $8.74
    Ackman fair value$27.94
    ✓Ackman+68.7% margin vs $8.74
    Piotroski fair value$3.91
    ✗Piotroski-123.5% margin vs $8.74
    Greenblatt fair value$8.59
    ✗Greenblatt-1.7% margin vs $8.74
    Buffett fair value$24.72
    ✓Buffett+64.6% margin vs $8.74
    Graham fair value$7.72
    ✗Graham-13.2% margin vs $8.74

Historical Score Timeline

Industry Peers

Similar companies in Apparel

GOOS vs Peers — Financial Grading

Revenue$942.4MBottom 25%
Net Income$66.3MBottom 25%
ROE17.5%Bottom 25%
D/E0.01Top 25%
Op. Margin12.2%Bottom 25%
Curr. Ratio2.67Top 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroski
CINTAS CORPCTAS$79.8B$199.52$10.3B$1.8B38.7%0.5222.8%2.093/96/91/71/3F-Score 5
TAPESTRY, INC.TPR$25.7B$128.98$7.0B$183.2M21.4%2.795.9%1.871/94/91/70/3F-Score 4
RALPH LAUREN CORPRL$23.2B$388.92$8.1B$941.1M33.1%0.4414.5%2.135/96/95/71/3F-Score 8
lululemon athletica inc.LULU$13.6B$119.55$11.1B$1.6B31.8%—19.9%2.263/93/93/73/3F-Score 5
DECKERS OUTDOOR CORPDECK$12.7B$93.09$5.5B$1.0B41.0%—23.1%3.542/95/93/71/3F-Score 7
Gildan Activewear Inc.GIL$10.5B$56.72$3.6B$398.9M11.2%1.0817.1%2.113/96/91/70/3F-Score 4
LEVI STRAUSS & COLEVI$8.7B$22.55$6.3B$578.1M25.4%0.4610.8%1.553/95/92/71/3F-Score 7
Birkenstock Holding plcBIRK$7.0B$39.35$2.5B$408.6M12.8%0.4226.2%2.812/93/93/71/3F-Score 9