COLM vs. SKX

Last updated Jun 5, 2026

COLM (Columbia Sportswear Company) and SKX (Skechers U.S.A., Inc.) are both stocks. Both are in the Consumer Cyclical sector — COLM in Apparel Manufacturing, SKX in Footwear & Accessories. At a 0.42 correlation, their price movements are largely independent.

Performance

COLM vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Sportswear Company (COLM) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COLM

• 1D: -0.25%
• 1M: 7.79%
• YTD: 18.99%
• 6M: 20.25%
• 1Y: 7.74%
• 3Y*: -3.38%
• 5Y*: -6.83%
• 10Y*: 2.90%

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COLM vs. SKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COLM Columbia Sportswear Company	18.99%	-33.05%	7.08%	-7.79%	-8.79%	12.63%	-12.50%	20.33%	18.23%	24.85%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between COLM and SKX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 10, 1999	0.42

Over the past year, the correlation between COLM and SKX has dropped to 0.11 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

Fundamentals

Market Cap COLM : $3.42B SKX : $9.55B
EPS COLM : $3.12 SKX : $4.40
PE Ratio COLM : 20.79 SKX : 14.35
PS Ratio COLM : 1.04 SKX : 1.01
PB Ratio COLM : 2.16 SKX : 2.00
Total Revenue (TTM) COLM : $3.40B SKX : $9.41B
Gross Profit (TTM) COLM : $1.72B SKX : $4.96B
EBITDA (TTM) COLM : $253.11M SKX : $1.07B

Return for Risk

COLM vs. SKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COLM

COLM Risk / Return Rank: 47
COLM Sharpe Ratio Rank: 49
COLM Sortino Ratio Rank: 45
COLM Omega Ratio Rank: 44
COLM Calmar Ratio Rank: 50
COLM Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COLM vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Sportswear Company (COLM) and Skechers U.S.A., Inc. (SKX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COLM	SKX	Difference
Sharpe ratio: Return per unit of total volatility	0.20	—	—
Sortino ratio: Return per unit of downside risk	0.58	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.33	—	—
Martin ratio: Return relative to average drawdown	0.60	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	COLM	SKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	—	—

Drawdowns

Drawdown Indicators

	COLM	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-63.18%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-23.41%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-46.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-51.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.92%	—	—
Current Drawdown Current decline from peak	-37.93%	—	—
Average Drawdown Average peak-to-trough decline	-20.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	13.03%	—	—

Volatility

Volatility by Period

	COLM	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.95%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.76%	—	—

Dividends

COLM vs. SKX - Dividend Comparison

COLM's dividend yield for the trailing twelve months is around 1.85%, while SKX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COLM Columbia Sportswear Company	1.85%	2.18%	1.43%	1.51%	1.37%	1.07%	0.30%	0.96%	1.07%	1.02%	1.18%	1.23%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

COLM vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between Columbia Sportswear Company and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

COLM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Columbia Sportswear Company reported a gross profit of 394.96M and revenue of 779.01M. Therefore, the gross margin over that period was 50.7%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

COLM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Columbia Sportswear Company reported an operating income of 41.99M and revenue of 779.01M, resulting in an operating margin of 5.4%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

COLM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Columbia Sportswear Company reported a net income of 34.31M and revenue of 779.01M, resulting in a net margin of 4.4%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both COLM and SKX in my portfolio?

COLM and SKX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.