COLUMBIA SPORTSWEAR COMPANY
COLM · Consumer Discretionary · FY2025 filings · Wide moat
On the watchlist
The four filters
Pricing power84
Median gross margin 49.5% over 10y, very stable.
Returns on capital97
Median ROIC 19.2%, above the 9% hurdle in 100% of years.
Balance-sheet safety100
Net cash position — no leverage risk.
Capital discipline36
Owner earnings -1.4%/yr, share count shrinking (buybacks).
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $254.9M
- Est. intrinsic value / share
- —
- Recent price
- $63.48
- Discount to value
- No price data
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.