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Side-by-side financial comparison of ROCKY BRANDS, INC. (RCKY) and GIBRALTAR INDUSTRIES, INC. (ROCK). Click either name above to swap in a different company.

GIBRALTAR INDUSTRIES, INC. is the larger business by last-quarter revenue ($225.0M vs $139.7M, roughly 1.6× ROCKY BRANDS, INC.). On growth, GIBRALTAR INDUSTRIES, INC. posted the faster year-over-year revenue change (24.9% vs 9.1%). GIBRALTAR INDUSTRIES, INC. produced more free cash flow last quarter ($26.2M vs $16.7M). Over the past eight quarters, ROCKY BRANDS, INC.'s revenue compounded faster (11.2% CAGR vs -12.3%).

Rocky Brands, Inc., formerly known as Rocky Shoes & Boots, Inc., is a company which designs, develops, manufactures, and markets outdoor, work, western and military footwear, and other outdoor and work apparel and accessories. The company was founded in 1932 in Nelsonville, Ohio, and still maintains its corporate headquarters there.

Gibraltar Industries, Inc. is a leading manufacturer and distributor of specialized building, infrastructure, and renewable energy products. Its offerings include ventilation systems, roofing accessories, solar mounting solutions, and landscape and garden products, serving residential, commercial construction, and clean energy markets primarily across North America, with a focus on innovative, sustainable solutions for its customers.

RCKY vs ROCK — Head-to-Head

Bigger by revenue
ROCK
ROCK
1.6× larger
ROCK
$225.0M
$139.7M
RCKY
Growing faster (revenue YoY)
ROCK
ROCK
+15.8% gap
ROCK
24.9%
9.1%
RCKY
More free cash flow
ROCK
ROCK
$9.5M more FCF
ROCK
$26.2M
$16.7M
RCKY
Faster 2-yr revenue CAGR
RCKY
RCKY
Annualised
RCKY
11.2%
-12.3%
ROCK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RCKY
RCKY
ROCK
ROCK
Revenue
$139.7M
$225.0M
Net Profit
$6.5M
Gross Margin
41.3%
25.3%
Operating Margin
6.9%
7.9%
Net Margin
4.7%
Revenue YoY
9.1%
24.9%
Net Profit YoY
35.7%
EPS (diluted)
$0.86

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
RCKY
RCKY
ROCK
ROCK
Q4 25
$139.7M
$225.0M
Q3 25
$122.5M
$310.9M
Q2 25
$105.6M
$309.5M
Q1 25
$114.1M
$290.0M
Q4 24
$128.1M
$180.1M
Q3 24
$114.6M
$277.1M
Q2 24
$98.3M
$273.6M
Q1 24
$112.9M
$292.5M
Net Profit
RCKY
RCKY
ROCK
ROCK
Q4 25
$6.5M
Q3 25
$7.2M
$-89.1M
Q2 25
$3.6M
$26.0M
Q1 25
$4.9M
$21.1M
Q4 24
$4.8M
Q3 24
$5.3M
$34.0M
Q2 24
$-1.2M
$32.2M
Q1 24
$2.5M
$24.9M
Gross Margin
RCKY
RCKY
ROCK
ROCK
Q4 25
41.3%
25.3%
Q3 25
40.2%
26.6%
Q2 25
41.0%
28.4%
Q1 25
41.2%
26.8%
Q4 24
41.5%
29.0%
Q3 24
38.1%
29.4%
Q2 24
38.7%
30.5%
Q1 24
39.1%
28.9%
Operating Margin
RCKY
RCKY
ROCK
ROCK
Q4 25
6.9%
7.9%
Q3 25
9.6%
12.8%
Q2 25
6.8%
12.8%
Q1 25
7.6%
8.8%
Q4 24
6.6%
13.3%
Q3 24
8.8%
15.6%
Q2 24
4.6%
14.9%
Q1 24
7.1%
10.8%
Net Margin
RCKY
RCKY
ROCK
ROCK
Q4 25
4.7%
Q3 25
5.9%
-28.6%
Q2 25
3.4%
8.4%
Q1 25
4.3%
7.3%
Q4 24
3.7%
Q3 24
4.6%
12.3%
Q2 24
-1.3%
11.8%
Q1 24
2.3%
8.5%
EPS (diluted)
RCKY
RCKY
ROCK
ROCK
Q4 25
$0.86
Q3 25
$0.96
$-2.98
Q2 25
$0.48
$0.87
Q1 25
$0.66
Q4 24
$0.65
Q3 24
$0.70
$1.11
Q2 24
$-0.17
$1.05
Q1 24
$0.34

Balance Sheet & Financial Strength

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

Metric
RCKY
RCKY
ROCK
ROCK
Cash + ST InvestmentsLiquidity on hand
$2.9M
$115.7M
Total DebtLower is stronger
$122.6M
$0
Stockholders' EquityBook value
$252.1M
$950.4M
Total Assets
$477.5M
$1.4B
Debt / EquityLower = less leverage
0.49×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCKY
RCKY
ROCK
ROCK
Q4 25
$2.9M
$115.7M
Q3 25
$3.3M
$89.4M
Q2 25
$2.8M
$43.3M
Q1 25
$2.6M
$25.1M
Q4 24
$3.7M
$269.5M
Q3 24
$3.7M
$228.9M
Q2 24
$4.1M
$179.1M
Q1 24
$3.1M
$146.7M
Total Debt
RCKY
RCKY
ROCK
ROCK
Q4 25
$122.6M
$0
Q3 25
$139.0M
$0
Q2 25
$132.5M
$0
Q1 25
$128.6M
$0
Q4 24
$128.7M
$0
Q3 24
$150.3M
$0
Q2 24
$152.4M
$0
Q1 24
$156.0M
$0
Stockholders' Equity
RCKY
RCKY
ROCK
ROCK
Q4 25
$252.1M
$950.4M
Q3 25
$246.1M
$951.8M
Q2 25
$239.1M
$1.0B
Q1 25
$236.2M
$1.0B
Q4 24
$232.2M
$1.0B
Q3 24
$228.3M
$1.0B
Q2 24
$223.8M
$975.7M
Q1 24
$225.3M
$940.2M
Total Assets
RCKY
RCKY
ROCK
ROCK
Q4 25
$477.5M
$1.4B
Q3 25
$494.0M
$1.4B
Q2 25
$471.0M
$1.5B
Q1 25
$468.2M
$1.4B
Q4 24
$457.3M
$1.4B
Q3 24
$475.0M
$1.4B
Q2 24
$467.9M
$1.4B
Q1 24
$466.5M
$1.3B
Debt / Equity
RCKY
RCKY
ROCK
ROCK
Q4 25
0.49×
0.00×
Q3 25
0.57×
0.00×
Q2 25
0.55×
0.00×
Q1 25
0.54×
0.00×
Q4 24
0.55×
0.00×
Q3 24
0.66×
0.00×
Q2 24
0.68×
0.00×
Q1 24
0.69×
0.00×

Cash Flow & Capital Efficiency

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

Metric
RCKY
RCKY
ROCK
ROCK
Operating Cash FlowLast quarter
$17.6M
$35.5M
Free Cash FlowOCF − Capex
$16.7M
$26.2M
FCF MarginFCF / Revenue
12.0%
11.7%
Capex IntensityCapex / Revenue
0.6%
4.1%
Cash ConversionOCF / Net Profit
2.70×
TTM Free Cash FlowTrailing 4 quarters
$9.7M
$120.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCKY
RCKY
ROCK
ROCK
Q4 25
$17.6M
$35.5M
Q3 25
$-3.3M
$73.0M
Q2 25
$812.0K
$44.9M
Q1 25
$1.2M
$13.7M
Q4 24
$24.4M
$19.9M
Q3 24
$4.5M
$64.7M
Q2 24
$6.5M
$36.5M
Q1 24
$17.4M
$53.2M
Free Cash Flow
RCKY
RCKY
ROCK
ROCK
Q4 25
$16.7M
$26.2M
Q3 25
$-5.2M
$64.8M
Q2 25
$-2.4M
$27.3M
Q1 25
$529.0K
$2.3M
Q4 24
$22.9M
$14.1M
Q3 24
$3.5M
$60.5M
Q2 24
$4.6M
$33.5M
Q1 24
$17.1M
$48.8M
FCF Margin
RCKY
RCKY
ROCK
ROCK
Q4 25
12.0%
11.7%
Q3 25
-4.2%
20.8%
Q2 25
-2.2%
8.8%
Q1 25
0.5%
0.8%
Q4 24
17.9%
7.8%
Q3 24
3.0%
21.8%
Q2 24
4.7%
12.2%
Q1 24
15.2%
16.7%
Capex Intensity
RCKY
RCKY
ROCK
ROCK
Q4 25
0.6%
4.1%
Q3 25
1.5%
2.6%
Q2 25
3.0%
5.7%
Q1 25
0.6%
3.9%
Q4 24
1.2%
3.3%
Q3 24
0.9%
1.5%
Q2 24
1.9%
1.1%
Q1 24
0.2%
1.5%
Cash Conversion
RCKY
RCKY
ROCK
ROCK
Q4 25
2.70×
Q3 25
-0.46×
Q2 25
0.23×
1.73×
Q1 25
0.25×
0.65×
Q4 24
5.08×
Q3 24
0.85×
1.90×
Q2 24
1.13×
Q1 24
6.82×
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RCKY
RCKY

Wholesale$79.6M57%
Retail1$57.0M41%
Contract Manufacturing$3.2M2%

ROCK
ROCK

Transferred At Point In Time$183.5M82%
Infrastructure$22.5M10%
Other$18.9M8%

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