McRae Industries, Inc.

McRae Industries, Inc.

MCRAA
McRae Industries, Inc.US flagOther OTC
47.22
USD
-0.03
- -
106.52MMarket Cap
McRae Industries, Inc.
MCRAA
(Other OTC)

Recent

price

47.22

P/E

ratio

- -

div

yld

- -

ROIC.AI

1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2021
2022
2023
TTM
FRC
12.33
14.74
14.87
17.79
21.62
21.71
18.02
20.64
20.64
18.33
19.69
25.46
22.54
35.82
55.23
- -
21.86
Revenue per Share
0.81
0.97
0.81
0.84
0.85
0.83
0.28
0.49
-0.19
0.93
0.89
1.09
0.47
1.46
4.51
- -
-0.11
Basic EPS, GAAP
0.07
0.6
-0.37
-0.91
2.11
-0.25
-0.21
1.15
0.55
0.33
0.33
-0.31
1
0.33
-1.84
- -
0.64
Free Cash Flow per Basic Share
0.22
0.22
0.22
0.22
0.22
0.25
0.24
0.24
0.19
0.14
0.16
0.17
0.22
0.52
0.53
- -
0.24
Dividend per Share
5.78
6.6
7.07
7.63
8.35
8.74
9.48
10.04
9.6
10.4
11.13
12.05
13.07
- -
35.95
- -
13.4
Book Value per Share
7.25
8.17
8.38
8.95
9.79
10.08
9.8
10.4
9.78
10.21
10.94
11.82
12.21
- -
34.7
- -
12.54
Tangible Book Value per Share
3
3
3
3
3
3
3
3
3
3
3
3
3
2
2
- -
3
Basic Weighted Avg Shares
34
40
41
49
58
60
52
57
57
51
55
70
62
82
125
125
61
Sales/Revenue/Turnover
10.45
10.38
8.13
6.78
6.5
5.99
2.72
4.49
-1.83
7.62
6.53
6.2
3.94
4.67
10.84
8.23
4.68
Operating Margin (%)
1
1
1
1
2
2
2
2
2
1
1
1
1
1
1
2
- -
Depreciation Expense
2
3
2
2
2
2
1
1
-1
3
2
3
1
3
10
8
- -
Net Income, GAAP
42.11
38.1
38.89
37.84
37.84
41.03
38.46
39.35
- -
40.6
38.9
29.68
36.81
24.45
23.94
27.09
36.49
Effective Tax Rate (%)
6.57
6.58
5.42
4.72
3.93
3.83
1.55
2.37
-0.92
5.09
4.54
4.27
2.08
4.08
8.17
6.46
-0.53
Profit Margin (%)
12
13
12
17
18
21
21
23
21
24
27
29
27
- -
67
76
28
Working Capital
- -
- -
- -
6
6
6
5
5
5
4
3
3
- -
- -
- -
2
- -
LT Debt
20
22
24
25
27
28
29
29
27
30
32
34
37
- -
81
87
38
Total Equity
10.08
11.56
8.33
7.1
7.11
6.2
2.51
4.52
- -
6.9
6.25
8.37
4.14
15.61
25.25
8.76
4.77
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
14.81
15.57
11.89
11.44
10.57
9.83
3.12
4.94
-1.94
9.34
8.31
9.38
3.74
18.52
25.11
9.59
-0.87
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Apr'05
Jul'05
Oct'21
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Apr'05
Jul'05
Oct'21
Total Current Assets
34
33
34
Cash, Cash Equivalents & STI
14
9
10
Accounts Receivable, Net
8
10
11
Inventories
10
13
12
Total Current Liabilities
5
6
6
Payables & Accruals
4
5
5
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
6.98%
Free Cash Flow
-256.81%
-366.46%
-500.43%
Net Income, GAAP
-42.33%
61.17%
-20.96%
Sales/Revenue/Turnover
9.42%
20.27%
-0.1%
Total Cash Common Dividend
- -
45.94%
100.08%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
19
- -
- -
- -
82
2022
- -
- -
- -
- -
125
2023
- -
- -
- -
- -
125

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.4
- -
- -
- -
1.46
2022
- -
- -
- -
- -
4.51
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.07
- -
- -
- -
0.52
2022
- -
- -
- -
- -
0.53
2023
- -
- -
- -
- -
- -
Business
McRae Industries, Inc. is a manufacturing and distribution company specializing in boot products, primarily targeting the western/lifestyle and work boot markets. The company produces military combat boots for the U.S. Government and markets western, ladies' fashion, and children's footwear under brand names including Dan Post, Dingo, Laredo, and Eldorado. McRae's product offerings encompass military combat boots, western boots, work boots, and lifestyle footwear. The company operates mainly within the United States and sources manufacturing for its western boot products from countries such as China, India, Mexico, and Brazil. Founded in 1959 and headquartered in Mount Gilead, North Carolina, McRae Industries has a longstanding presence in the footwear industry. Recent major company developments include steady growth in the military boot segment with increased sales reaching $38.7 million in fiscal 2024 compared to $32.9 million in fiscal 2023, partly offset by declines in some western boot lines. The company has focused on improving manufacturing efficiency in military boots while managing supply chain challenges affecting western boot sales. McRae has engaged in notable real estate transactions through its affiliate American Mortgage and Investment Company, including land sales in Berkeley County, South Carolina totaling several million dollars. Additionally, McRae declared dividends of $0.14 per share on both Class A and Class B common stock as of 2025. The company continues to maintain a robust financial position with substantial cash reserves and working capital to support ongoing operations and capital requirements. McRae Industries operates across segments including military footwear, western and lifestyle boots, and work boots, serving consumers, military, and retail markets primarily in North America. The company emphasizes quality craftsmanship and durability, balancing fashion trends with functional performance. Its manufacturing footprint includes both domestic production facilities for military boots and international sourcing for other footwear lines. McRae's strategic focus involves leveraging its brand portfolio, expanding military contracts, and optimizing operational efficiencies amid competitive market dynamics. Its subsidiary American Mortgage and Investment Company represents diversification into real estate investment and land development. Overall, McRae Industries, Inc. provides a comprehensive range of footwear products with a dual focus on military and lifestyle markets, supported by strategic land asset management and consistent shareholder returns. The company's headquarters in Mount Gilead, North Carolina, anchors its operational and strategic activities within the footwear manufacturing and distribution industry. McRae continues to evolve with product line expansions, operational enhancements, and real estate developments shaping its recent business trajectory.

Company News

APIChat
  • McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2026

  • McRae Industries, Inc. Dividend Declared

  • McRae Industries, Inc. Dividend Declared

  • McRae Industries, Inc.Dividend Declared

  • McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2025

  • McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2024

  • McRae Industries, Inc. Dividend Declared

  • McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2024

  • McRae Industries, Inc. Dividend Declared

  • McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE FIRST QUARTER OF FISCAL 2024

  • McRae Industries, Inc. Dividend Declared

  • McRae Industries, Inc. Dividend Declared

  • McRae Industries, Inc. Government Contract Awarded