Forensic Analysis · Retail / Consumer Discretionary · as of Jun 28, 2026
WEYCO GROUP INC (WEYS)
A forensic read on WEYCO GROUP INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Safe
Financial health
8.7
Altman Z-score
Clean
Earnings quality
4
Forensic signals
15.3
P / E (ttm)
9.6%
ROE
$363M
Market cap
3.40%
Dividend yield
WEYCO GROUP INC earns a B (Sound & dependable) forensic quality grade, and its Altman Z-score is 8.7, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by receivables vs revenue.
What the filings flag
51d DSOReceivables vs revenue.Days sales outstanding moved from 47 to 51 days FY2024→FY2025 (receivables +4% vs revenue -5%). Receivables are creeping up relative to sales — watch the trend.
12%Return on invested capital.Return on invested capital is 12% and steady — around its ~9% cost of capital, so growth is roughly value-neutral — watch the trend.
-0.2%/yrShare-count dilution.Diluted share count changed -1% over the last 3 years to FY2025 (-0.2%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
-26%Dividend — cut.The payout was CUT ~26% in FY2022 (from FY2021). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin8.4%
Debt / Equity0.13x
Free Cash Flow$35.5M
Latest Revenue$276.2M
Return on Equity9.6%
Revenue Growth YoY-4.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on WEYCO GROUP INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about WEYS's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown