Dr. Martens plc most recently reported annual revenue of $767.0M, net profit of $24.0M. Revenue declined at an average annual rate of 0.2% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Dr. Martens plc: Revenue rose from $291.0M in 2017 to $767.0M in 2026, a change of +163.6% over 9 years; net profit was positive in 8 of 10 reported years; operating margin moved from 11.4% to 10.1%, a shift of -1.3 percentage points; the most recent year shows net profit of $24.0M.
Income Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Revenue
$291.0M
$349.0M
$454.0M
$672.0M
$773.0M
$908.0M
$1.0B
$877.0M
$788.0M
$767.0M
Operating Expenses
$258.0M
$308.0M
$386.0M
$518.0M
$576.0M
$676.0M
$810.0M
$751.0M
$732.0M
$690.0M
Operating Profit
$33.0M
$40.0M
$68.0M
$155.0M
$197.0M
$233.0M
$191.0M
$126.0M
$56.0M
$77.0M
Operating Margin
11.4%
11.5%
15.0%
23.0%
25.4%
25.6%
19.1%
14.4%
7.1%
10.1%
Other Income
$-37.0M
$-39.0M
$-39.0M
$-54.0M
$-43.0M
$-18.0M
$-86.0M
$-33.0M
$-47.0M
$0
Interest
$37.0M
$39.0M
$38.0M
$42.0M
$42.0M
$15.0M
$19.0M
$32.0M
$29.0M
$28.0M
Depreciation
$4.0M
$6.0M
$10.0M
$29.0M
$34.0M
$37.0M
$54.0M
$72.0M
$73.0M
$69.0M
Profit Before Tax
$-6.0M
$1.0M
$29.0M
$101.0M
$70.0M
$214.0M
$159.0M
$93.0M
$9.0M
$33.0M
Tax
$-98.3M
$914.3M
$40.5M
$25.9M
$50.2M
$15.4M
$19.1M
$25.6M
$48.9M
$27.2M
Net Profit
$-11.0M
$-6.0M
$17.0M
$75.0M
$35.0M
$181.0M
$129.0M
$69.0M
$5.0M
$24.0M
EPS
$-0.01
$-0.01
$0.02
$0.07
$0.03
$0.18
$0.13
$0.07
$0.01
$0.02
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
2 duplicate period labels in the source data were collapsed.
Metric
Sep '20
Mar '21
Sep '21
Mar '22
Sep '22
Mar '23
Sep '23
Mar '24
Sep '24
Mar '25
Sep '25
Mar '26
Revenue
$318.0M
$455.0M
$370.0M
$538.0M
$419.0M
$582.0M
$396.0M
$481.0M
$325.0M
$463.0M
$322.0M
$444.0M
Operating Expenses
$251.0M
$326.0M
$303.0M
$372.0M
$353.0M
$457.0M
$356.0M
$324.0M
$340.0M
$392.0M
$318.0M
$371.0M
Operating Profit
$68.0M
$129.0M
$67.0M
$166.0M
$66.0M
$125.0M
$40.0M
$157.0M
$-15.0M
$71.0M
$3.0M
$73.0M
Operating Margin
21.3%
28.4%
18.0%
30.9%
15.7%
21.4%
10.0%
32.7%
-4.7%
15.4%
1.0%
16.6%
Interest
$23.0M
$19.0M
$7.0M
$8.0M
$7.0M
$11.0M
$16.0M
$16.0M
$14.0M
$21.0M
$14.0M
$14.0M
Profit Before Tax
$42.0M
$29.0M
$61.0M
$153.0M
$58.0M
$102.0M
$26.0M
$67.0M
$-29.0M
$38.0M
$-11.0M
$44.0M
Tax
$29.6M
$78.6M
$20.7M
$13.3M
$22.8M
$17.0M
$26.4M
$25.3M
$27.5M
$32.5M
$9.1M
$22.6M
Net Profit
$30.0M
$6.0M
$49.0M
$133.0M
$45.0M
$84.0M
$19.0M
$50.0M
$-21.0M
$25.0M
$-10.0M
$34.0M
EPS
$0.03
$0.01
$0.05
$0.13
$0.04
$0.08
$0.02
$0.05
$-0.02
$0.03
$-0.01
$0.03
Over the 10 years reported for Dr. Martens plc, borrowings increased from $391.0M in 2017 to $392.0M in 2026, cash stood at $181.0M in the latest year, shareholders' equity was $10.0M, current assets covered current liabilities 2.61 times.
Balance Sheet — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
$420.0M
$446.0M
$450.0M
$657.0M
$652.0M
$859.0M
$993.0M
$952.0M
$890.0M
$880.0M
Current Assets
$155.0M
$169.0M
$166.0M
$277.0M
$275.0M
$444.0M
$509.0M
$437.0M
$411.0M
$418.0M
Cash
$67.0M
$86.0M
$58.0M
$117.0M
$114.0M
$228.0M
$158.0M
$111.0M
$156.0M
$181.0M
Inventory
$49.0M
$40.0M
$54.0M
$90.0M
$102.0M
$123.0M
$258.0M
$255.0M
$187.0M
$161.0M
Receivables
$27.0M
$30.0M
$43.0M
$53.0M
$68.0M
$59.0M
$86.0M
$54.0M
$57.0M
$69.0M
Fixed Assets
$20.0M
$24.0M
$27.0M
$115.0M
$110.0M
$144.0M
$205.0M
$233.0M
$193.0M
$175.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$0
$272.0M
$279.0M
$131.0M
$129.0M
$165.0M
$1.0M
$1.0M
$0
$1.0M
Other Assets
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
$241.0M
Total Liabilities
$438.0M
$475.0M
$459.0M
$586.0M
$502.0M
$531.0M
$588.0M
$584.0M
$523.0M
$517.0M
Current Liabilities
$48.0M
$56.0M
$65.0M
$131.0M
$152.0M
$155.0M
$165.0M
$154.0M
$159.0M
$160.0M
Borrowings
$391.0M
$77.0M
$74.0M
$496.0M
$366.0M
$394.0M
$446.0M
$477.0M
$404.0M
$392.0M
Other Liabilities
$47.0M
$399.0M
$384.0M
$90.0M
$136.0M
$137.0M
$143.0M
$107.0M
$119.0M
$125.0M
Equity
$0
$0
$0
$0
$10.0M
$10.0M
$10.0M
$10.0M
$10.0M
$10.0M
Reserves
$-18.0M
$-29.0M
$-8.0M
$71.0M
$150.0M
$328.0M
$404.0M
$368.0M
$366.0M
$362.0M
For Dr. Martens plc, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $117.0M; free cash flow was positive in 10 of 10 years; financing activities used $62.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Operating Cash Flow
$34.0M
$46.0M
$56.0M
$116.0M
$146.0M
$174.0M
$72.0M
$168.0M
$196.0M
$126.0M
Investing Cash Flow
$-15.0M
$-38.0M
$-41.0M
$-52.0M
$-41.0M
$-59.0M
$-104.0M
$-54.0M
$-34.0M
$-21.0M
Financing Cash Flow
$-6.0M
$-5.0M
$-65.0M
$-35.0M
$318.0M
$-3.0M
$-5.0M
$-84.0M
$-92.0M
$-62.0M
Net Cash Flow
$18.0M
$19.0M
$-28.0M
$59.0M
$-4.0M
$114.0M
$-70.0M
$-46.0M
$45.0M
$28.0M
Free Cash Flow
$28.0M
$30.0M
$39.0M
$94.0M
$129.0M
$149.0M
$20.0M
$140.0M
$178.0M
$117.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.07
EV / EBITDA
7.12
FCF Yield
14.20%
Quick Ratio
1.60
Interest Coverage
2.77
Return 1Y
13.34%
Return 3Y
-37.70%
Return 5Y
-79.22%
Dr. Martens plc (DOCMF) financials — frequently asked questions
What is Dr. Martens plc's annual revenue?
Dr. Martens plc (DOCMF) reported annual revenue of $767.0M in its most recent fiscal year.
What is Dr. Martens plc's net profit?
Dr. Martens plc (DOCMF) reported net profit of $24.0M in its most recent fiscal year.
What is DOCMF EV/EBITDA?
Dr. Martens plc's enterprise value to EBITDA (EV/EBITDA) ratio is 7.12.