Columbia Sportswear Company
- Open
- 62.12
- Day high
- 63.52
- Day low
- 61.31
- Prev close
- 61.82
- Volume
- 138K
- Mkt cap
- $3.2B
- P/E (TTM)
- 20.0
- EPS (TTM)
- $3.15
- P/B
- 2.0
- P/S
- 1.0
- Yield
- 1.90%
- Per share
- $1.20
- ▼Insiders net selling -$771K over the last 3 months (0 open-market buys, 4 sales)
- 🏛Institutions mixed (13F)
Columbia Sportswear Company (COLM) is a Consumer Cyclical company listed on NASDAQ. The stock is down 2% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 4 sales (SEC Form 4).
Columbia Sportswear Company (COLM) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 3 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
COLM earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $0.35 | $0.65 | +85.7% | $779M | +2.7% |
| Feb 3, 2026 | $1.22 | $1.73 | +41.8% | $1.1B | +35.7% |
| Oct 30, 2025 | $1.19 | $1.41 | +18.5% | $943M | +2.9% |
| Jul 31, 2025 | $-0.28 | $-0.19 | +32.1% | $605M | -35.7% |
| May 1, 2025 | $0.68 | $0.75 | +10.3% | $778M | +2.0% |
| Feb 4, 2025 | $1.86 | $1.80 | -3.2% | $1.1B | +2.5% |
| Jul 25, 2024 | $-0.31 | $-0.20 | +35.5% | $570M | -39.6% |
| Apr 25, 2024 | $0.35 | $0.71 | +102.9% | $770M | +31.9% |
| Feb 1, 2024 | $1.95 | $1.55 | -20.5% | $1.1B | -1.9% |
| Oct 26, 2023 | $1.65 | $1.70 | +3.0% | $986M | -0.9% |
| Aug 1, 2023 | $0.03 | $0.14 | +441.0% | $621M | +5.9% |
| Apr 27, 2023 | $0.86 | $0.74 | -14.0% | $821M | +12.4% |
COLM insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 12, 2026 | SIMMONS SABRINAdirector | Grant | 2,524 | — |
| Jun 12, 2026 | Shi Christiana Smithdirector | Grant | 2,524 | — |
| Jun 12, 2026 | CULVER JOHNdirector | Grant | 750 | — |
| Jun 12, 2026 | MANSELL KEVINdirector | Grant | 2,524 | — |
| Jun 12, 2026 | BABSON STEPHEN Edirector | Grant | 750 | — |
| Jun 12, 2026 | BRYANT ANDY Ddirector | Grant | 750 | — |
| Jun 12, 2026 | CULVER JOHNdirector | Grant | 2,524 | — |
| Jun 12, 2026 | DENSON CHARLES Ddirector | Grant | 2,524 | — |
| Jun 12, 2026 | BRYANT ANDY Ddirector | Grant | 2,524 | — |
| Jun 12, 2026 | Wasson Malia Hdirector | Grant | 2,524 | — |
| Jun 12, 2026 | Nelson Ronald E.director | Grant | 750 | — |
| Jun 12, 2026 | Nelson Ronald E.director | Grant | 2,524 | — |
| Jun 12, 2026 | BABSON STEPHEN Edirector | Grant | 2,524 | — |
| Jun 1, 2026 | BABSON STEPHEN Edirector | Sell | 4,150 | $67.95 |
| Jun 1, 2026 | BABSON STEPHEN Edirector | Option | 1,631 | $56.86 |
Source: COLM SEC Form 4 filings, latest Jun 12, 2026. For informational purposes only — not investment advice.
See the full COLM insider & 13F page →Columbia Sportswear Company company profile
Overview
Columbia Sportswear Company (NASDAQ:COLM) is a leading outdoor apparel and equipment manufacturer founded in 1938 and headquartered in Portland, Oregon. The company went public in 1998 and has grown from a small family business into a global outdoor lifestyle brand with operations across North America, Europe, Asia Pacific, Latin America, and other international markets. Columbia operates through a portfolio of four distinct brands and distributes its products through approximately 455 retail stores worldwide, e-commerce platforms, and wholesale partnerships with specialty outdoor retailers, sporting goods chains, and department stores.
Business
Columbia Sportswear operates in the outdoor apparel and equipment industry, designing, sourcing, marketing, and distributing products for active outdoor lifestyles. The outdoor apparel industry serves consumers who participate in activities such as hiking, skiing, snowboarding, climbing, camping, fishing, trail running, and other adventure sports, as well as those seeking functional everyday wear. The company operates through four primary brand segments. The Columbia brand represents the largest portion of the business, generating approximately 75-80% of total revenue. This flagship brand focuses on innovative outdoor apparel, footwear, and accessories featuring proprietary technologies like Omni-Heat thermal reflective materials, Omni-Tech waterproof breathable fabrics, and Omni-Shade sun protection. The SOREL brand specializes in premium footwear, particularly winter boots and seasonal footwear, contributing roughly 10-12% of revenue. Mountain Hardwear targets serious outdoor enthusiasts and athletes with technical performance gear for mountaineering and extreme conditions, representing about 8-10% of revenue. The prAna brand focuses on yoga, climbing, and lifestyle apparel with sustainable materials, accounting for approximately 5-7% of total revenue. The company's product portfolio spans three main categories: apparel (including jackets, pants, shirts, and base layers), footwear (hiking boots, trail running shoes, winter boots, and casual shoes), and accessories and equipment (backpacks, gloves, hats, and outdoor gear). Columbia's innovation strategy centers on developing proprietary technologies that provide functional benefits like thermal regulation, waterproofing, and sun protection, which serve as key differentiators in the competitive outdoor market.
Revenue model
Columbia generates revenue through multiple channels and operates on a traditional product manufacturing and retail business model. The company makes money primarily through product sales across two main distribution channels: wholesale and direct-to-consumer. The wholesale channel accounts for approximately 65-70% of total revenue, where Columbia sells products to independent specialty outdoor retailers, sporting goods chains like Dick's Sporting Goods and REI, department stores, and international distributors. These wholesale customers then resell Columbia products to end consumers. The direct-to-consumer channel represents about 30-35% of revenue and includes company-owned retail stores, brand-specific e-commerce websites, outlet stores, and concession-based shop-in-shop arrangements. Columbia's paying customers are ultimately outdoor enthusiasts, athletes, and consumers seeking functional apparel for both active pursuits and everyday wear. However, the company's immediate customers include wholesale buyers at retail chains and individual consumers shopping through direct channels. Several factors significantly impact Columbia's margins and profitability. Positive margin drivers include successful new product innovations with premium pricing, efficient inventory management, favorable commodity and freight costs, and strong performance in higher-margin international markets like China and Europe. The company's proprietary technologies command premium prices compared to basic outdoor apparel. Negative margin pressures come from promotional activities during inventory clearance periods, rising input costs for materials and manufacturing, tariffs on imported goods (particularly concerning given potential trade tensions), unfavorable foreign exchange rates, and competitive pricing pressure in the mature U.S. outdoor market. Seasonal weather patterns also significantly impact demand, with unseasonably warm winters hurting sales of cold-weather products and gear.
Competitive moat
Columbia Sportswear possesses a moderate competitive moat built primarily around brand recognition, proprietary technologies, and distribution relationships, though this moat faces ongoing competitive pressures. The company's strongest defensive position comes from its proprietary fabric technologies like Omni-Heat thermal reflective materials and Omni-Tech waterproof systems, which provide functional differentiation and justify premium pricing. These technologies are protected by patents and require significant R&D investment to develop, creating barriers for smaller competitors. The Columbia brand's market position as a trusted outdoor lifestyle brand provides some protection, particularly in international markets where the brand has strong recognition and growth potential. The company's established relationships with major outdoor retailers and sporting goods chains create distribution advantages, while its global manufacturing and sourcing capabilities provide operational scale benefits. However, Columbia's moat is challenged by several factors. The outdoor apparel industry is highly competitive with numerous well-established brands including Patagonia, The North Face (VF Corporation), Arc'teryx, and newer direct-to-consumer brands that can move quickly and efficiently. Fashion and trend sensitivity in lifestyle outdoor wear creates risks, as consumer preferences can shift rapidly. The company's heavy dependence on wholesale partners reduces direct customer relationships and pricing control. Additionally, many of Columbia's functional benefits can be replicated by competitors using similar or alternative technologies, and the outdoor industry's focus on sustainability and environmental responsibility creates ongoing pressure for innovation and responsible sourcing practices. The competitive landscape suggests Columbia operates in a moderately competitive industry where brand strength and innovation provide some protection, but sustained investment in product development, marketing, and distribution relationships is essential to maintain market position.
Risks & safety
Columbia maintains a strong financial position with solid liquidity and manageable debt levels, though recent operational challenges have impacted cash generation. • Liquidity and Debt: Strong balance sheet with $323 million in cash and short-term investments as of Q1 2025, minimal debt with debt-to-equity ratio of 0.27, and current ratio of 3.1 indicating excellent short-term liquidity. • Cash Flow Concerns: Recent quarters show negative operating cash flow (-$32 million in Q1 2025) and negative free cash flow (-$48 million), primarily due to working capital changes and inventory management, though this follows strong cash generation in prior periods. • Valuation Metrics: Trading at P/E ratio of 25x based on recent earnings, EV/EBITDA of 18x, and price-to-book ratio of 2.5x, suggesting moderate valuation levels relative to earnings power. • Other Considerations: Company has withdrawn 2025 guidance due to tariff uncertainties, anticipating $40-45 million in incremental tariff costs in H2 2025, though management is implementing $150 million cost reduction program to offset pressures.
Recent development
Over the past few years, Columbia has undergone significant strategic transformation focused on revitalizing growth and improving operational efficiency. The company launched its ACCELERATE Growth Strategy in 2024, aimed at attracting younger and more active consumers through enhanced product innovation, refreshed marketing approaches, and improved brand positioning. This initiative includes increasing demand creation spending to 6.5% of sales and hiring new marketing leadership with a global advertising agency partnership. The company has been executing a comprehensive Profit Improvement Program targeting $125-150 million in annualized cost savings by 2026, focusing on operational efficiency, organizational restructuring, and indirect spending optimization. Columbia has also been actively managing inventory levels, reducing inventory by 27-29% year-over-year in recent periods to improve working capital efficiency and reduce promotional pressure. Brand-specific initiatives include launching new proprietary technologies like Omni-Heat Infinity and Omni-Heat Arctic for the Columbia brand, appointing new leadership for the struggling SOREL and prAna brands to drive revitalization efforts, and refreshing the Mountain Hardwear brand positioning. The company has been particularly focused on expanding its international presence, with strong growth in China (mid-teens growth rates) and Europe (double-digit growth), while addressing challenges in the mature U.S. market. Recent operational changes include phasing out PFAS chemicals from products in response to regulatory requirements, diversifying manufacturing away from China to mitigate tariff risks, and enhancing digital marketing capabilities with more social-first and targeted approaches to reach younger consumers.
COLM company profile · for informational purposes only — not investment advice.
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