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Side-by-side financial comparison of CALERES INC (CAL) and Woodward, Inc. (WWD). Click either name above to swap in a different company.

Woodward, Inc. is the larger business by last-quarter revenue ($1.1B vs $790.1M, roughly 1.4× CALERES INC). Woodward, Inc. runs the higher net margin — 12.3% vs 0.3%, a 12.0% gap on every dollar of revenue. On growth, Woodward, Inc. posted the faster year-over-year revenue change (23.4% vs 6.6%). Woodward, Inc. produced more free cash flow last quarter ($38.0M vs $-12.4M). Over the past eight quarters, Woodward, Inc.'s revenue compounded faster (13.4% CAGR vs 6.5%).

Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

CAL vs WWD — Head-to-Head

Bigger by revenue
WWD
WWD
1.4× larger
WWD
$1.1B
$790.1M
CAL
Growing faster (revenue YoY)
WWD
WWD
+16.8% gap
WWD
23.4%
6.6%
CAL
Higher net margin
WWD
WWD
12.0% more per $
WWD
12.3%
0.3%
CAL
More free cash flow
WWD
WWD
$50.4M more FCF
WWD
$38.0M
$-12.4M
CAL
Faster 2-yr revenue CAGR
WWD
WWD
Annualised
WWD
13.4%
6.5%
CAL

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
CAL
CAL
WWD
WWD
Revenue
$790.1M
$1.1B
Net Profit
$2.4M
$134.0M
Gross Margin
41.8%
29.0%
Operating Margin
1.5%
15.4%
Net Margin
0.3%
12.3%
Revenue YoY
6.6%
23.4%
Net Profit YoY
-94.2%
22.9%
EPS (diluted)
$0.07
$2.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAL
CAL
WWD
WWD
Q1 26
$1.1B
Q4 25
$790.1M
$996.5M
Q3 25
$658.5M
$995.3M
Q2 25
$614.2M
$915.4M
Q1 25
$639.2M
$883.6M
Q4 24
$740.9M
$772.7M
Q3 24
$683.3M
$854.5M
Q2 24
$659.2M
$847.7M
Net Profit
CAL
CAL
WWD
WWD
Q1 26
$134.0M
Q4 25
$2.4M
$133.7M
Q3 25
$6.7M
$137.6M
Q2 25
$6.9M
$108.4M
Q1 25
$4.9M
$108.9M
Q4 24
$41.4M
$87.1M
Q3 24
$30.0M
$83.3M
Q2 24
$30.9M
$102.1M
Gross Margin
CAL
CAL
WWD
WWD
Q1 26
29.0%
Q4 25
41.8%
29.3%
Q3 25
43.4%
27.9%
Q2 25
45.4%
27.2%
Q1 25
43.0%
27.2%
Q4 24
44.1%
24.5%
Q3 24
45.5%
24.3%
Q2 24
46.9%
27.1%
Operating Margin
CAL
CAL
WWD
WWD
Q1 26
15.4%
Q4 25
1.5%
17.0%
Q3 25
1.4%
16.1%
Q2 25
1.9%
13.9%
Q1 25
1.2%
15.0%
Q4 24
7.7%
13.2%
Q3 24
6.2%
11.9%
Q2 24
6.5%
14.4%
Net Margin
CAL
CAL
WWD
WWD
Q1 26
12.3%
Q4 25
0.3%
13.4%
Q3 25
1.0%
13.8%
Q2 25
1.1%
11.8%
Q1 25
0.8%
12.3%
Q4 24
5.6%
11.3%
Q3 24
4.4%
9.7%
Q2 24
4.7%
12.0%
EPS (diluted)
CAL
CAL
WWD
WWD
Q1 26
$2.19
Q4 25
$0.07
$2.17
Q3 25
$0.20
$2.23
Q2 25
$0.21
$1.76
Q1 25
$0.17
$1.78
Q4 24
$1.19
$1.42
Q3 24
$0.85
$1.36
Q2 24
$0.88
$1.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAL
CAL
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$34.0M
$501.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$616.8M
$2.5B
Total Assets
$2.1B
$5.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAL
CAL
WWD
WWD
Q1 26
$501.2M
Q4 25
$34.0M
$454.2M
Q3 25
$191.5M
$327.4M
Q2 25
$33.1M
$473.2M
Q1 25
$29.6M
$364.1M
Q4 24
$33.7M
$283.7M
Q3 24
$51.8M
$282.3M
Q2 24
$30.7M
$308.3M
Total Debt
CAL
CAL
WWD
WWD
Q1 26
$1.1B
Q4 25
Q3 25
$579.9M
Q2 25
Q1 25
Q4 24
Q3 24
$655.5M
Q2 24
Stockholders' Equity
CAL
CAL
WWD
WWD
Q1 26
$2.5B
Q4 25
$616.8M
$2.6B
Q3 25
$613.3M
$2.6B
Q2 25
$605.2M
$2.5B
Q1 25
$599.0M
$2.3B
Q4 24
$598.3M
$2.2B
Q3 24
$606.1M
$2.2B
Q2 24
$570.3M
$2.2B
Total Assets
CAL
CAL
WWD
WWD
Q1 26
$5.0B
Q4 25
$2.1B
$4.7B
Q3 25
$2.2B
$4.6B
Q2 25
$1.9B
$4.7B
Q1 25
$1.9B
$4.5B
Q4 24
$2.0B
$4.3B
Q3 24
$2.0B
$4.4B
Q2 24
$1.9B
$4.3B
Debt / Equity
CAL
CAL
WWD
WWD
Q1 26
0.43×
Q4 25
Q3 25
0.23×
Q2 25
Q1 25
Q4 24
Q3 24
0.30×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAL
CAL
WWD
WWD
Operating Cash FlowLast quarter
$-1.2M
$91.0M
Free Cash FlowOCF − Capex
$-12.4M
$38.0M
FCF MarginFCF / Revenue
-1.6%
3.5%
Capex IntensityCapex / Revenue
1.4%
4.9%
Cash ConversionOCF / Net Profit
-0.50×
0.68×
TTM Free Cash FlowTrailing 4 quarters
$14.4M
$388.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAL
CAL
WWD
WWD
Q1 26
$91.0M
Q4 25
$-1.2M
$114.4M
Q3 25
$47.3M
$233.3M
Q2 25
$-5.7M
$125.6M
Q1 25
$28.7M
$77.8M
Q4 24
$-39.8M
$34.5M
Q3 24
$79.6M
$141.8M
Q2 24
$36.1M
$153.2M
Free Cash Flow
CAL
CAL
WWD
WWD
Q1 26
$38.0M
Q4 25
$-12.4M
$70.3M
Q3 25
$35.0M
$180.9M
Q2 25
$-26.2M
$99.1M
Q1 25
$18.0M
$59.4M
Q4 24
$-57.4M
$942.0K
Q3 24
$68.5M
$117.7M
Q2 24
$26.3M
$137.3M
FCF Margin
CAL
CAL
WWD
WWD
Q1 26
3.5%
Q4 25
-1.6%
7.1%
Q3 25
5.3%
18.2%
Q2 25
-4.3%
10.8%
Q1 25
2.8%
6.7%
Q4 24
-7.7%
0.1%
Q3 24
10.0%
13.8%
Q2 24
4.0%
16.2%
Capex Intensity
CAL
CAL
WWD
WWD
Q1 26
4.9%
Q4 25
1.4%
4.4%
Q3 25
1.9%
5.3%
Q2 25
3.3%
2.9%
Q1 25
1.7%
2.1%
Q4 24
2.4%
4.3%
Q3 24
1.6%
2.8%
Q2 24
1.5%
1.9%
Cash Conversion
CAL
CAL
WWD
WWD
Q1 26
0.68×
Q4 25
-0.50×
0.86×
Q3 25
7.05×
1.70×
Q2 25
-0.81×
1.16×
Q1 25
5.82×
0.71×
Q4 24
-0.96×
0.40×
Q3 24
2.66×
1.70×
Q2 24
1.17×
1.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAL
CAL

Brand Portfolio$383.7M49%
Landed Wholesale$148.1M19%
Wholesale E Commerce$75.0M9%
Ecommerce$68.8M9%
Stuart Weitzman Brand$45.8M6%
Landed Wholesale Ecommerce Drop Ship$30.6M4%
First Cost Wholesale$14.9M2%
Clt Brand Solutions$10.2M1%
License And Royalty$2.1M0%

WWD
WWD

Segment breakdown not available.

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