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FL (Foot Locker) E10 : $3.48 (As of Apr. 2025)


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What is Foot Locker E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Foot Locker's adjusted earnings per share data for the three months ended in Apr. 2025 was $-3.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.48 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Foot Locker's average E10 Growth Rate was -18.50% per year. During the past 3 years, the average E10 Growth Rate was -4.50% per year. During the past 5 years, the average E10 Growth Rate was 3.90% per year. During the past 10 years, the average E10 Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Foot Locker was 41.30% per year. The lowest was -40.60% per year. And the median was 13.40% per year.

As of today (2025-07-15), Foot Locker's current stock price is $25.08. Foot Locker's E10 for the quarter that ended in Apr. 2025 was $3.48. Foot Locker's Shiller PE Ratio of today is 7.21.

During the past 13 years, the highest Shiller PE Ratio of Foot Locker was 42.09. The lowest was 2.93. And the median was 12.09.


Foot Locker E10 Historical Data

The historical data trend for Foot Locker's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Foot Locker E10 Chart

Foot Locker Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 4.59 4.91 4.33 4.00

Foot Locker Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.27 4.19 4.06 4.00 3.48

Competitive Comparison of Foot Locker's E10

For the Apparel Retail subindustry, Foot Locker's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Foot Locker's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foot Locker's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Foot Locker's Shiller PE Ratio falls into.


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Foot Locker E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Foot Locker's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=-3.81/135.3468*135.3468
=-3.810

Current CPI (Apr. 2025) = 135.3468.

Foot Locker Quarterly Data

per share eps CPI Adj_EPS
201507 0.840 100.691 1.129
201510 0.570 100.346 0.769
201601 1.140 99.957 1.544
201604 1.390 100.947 1.864
201607 0.940 101.524 1.253
201610 1.170 101.988 1.553
201701 1.420 102.456 1.876
201704 1.360 103.167 1.784
201707 0.390 103.278 0.511
201710 0.810 104.070 1.053
201801 -0.404 104.578 -0.523
201804 1.380 105.708 1.767
201807 0.750 106.324 0.955
201810 1.140 106.695 1.446
201901 1.390 106.200 1.771
201904 1.520 107.818 1.908
201907 0.550 108.250 0.688
201910 1.160 108.577 1.446
202001 1.340 108.841 1.666
202004 -1.060 108.173 -1.326
202007 0.430 109.318 0.532
202010 2.520 109.861 3.105
202101 1.170 110.364 1.435
202104 1.930 112.673 2.318
202107 4.090 115.183 4.806
202110 1.520 116.696 1.763
202201 1.020 118.619 1.164
202204 1.370 121.978 1.520
202207 0.990 125.002 1.072
202210 1.010 125.734 1.087
202301 0.200 126.223 0.214
202304 0.380 127.992 0.402
202307 -0.050 128.974 -0.052
202310 0.300 129.810 0.313
202401 -4.140 130.124 -4.306
202404 0.090 132.289 0.092
202407 -0.130 132.708 -0.133
202410 -0.340 133.182 -0.346
202501 0.510 134.029 0.515
202504 -3.810 135.347 -3.810

Add all the adjusted EPS together and divide 10 will get our e10.


Foot Locker  (NYSE:FL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Foot Locker's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.08/3.48
=7.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Foot Locker was 42.09. The lowest was 2.93. And the median was 12.09.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Foot Locker E10 Related Terms

Thank you for viewing the detailed overview of Foot Locker's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Foot Locker Business Description

Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates footwear and apparel retailer in North America, Europe, Australia, New Zealand, and Asia, and has licensed store presence in the Middle East, Europe, and Asia. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Its portfolio of brands includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. The company has omnichannel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It has three operating segments, North America, EMEA, and Asia Pacific.
Executives
Ulice Jr Payne director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Vesa Equity Investment S.a R.l. 10 percent owner 2, PLACE DE PARIS, LUXEMBOURG N4 L-2314
Mary N Dillon director, officer: President & CEO ULTA BEAUTY, INC., 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440
Jennifer Kraft officer: EVP and General Counsel C/O FOOT LOCKER, INC., NEW YORK NY 10001
Michael Baughn officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 140 FOUNTAIN PARKWAY, ST. PETERSBURG FL 33716
Robert Higginbotham officer: Interim CFO C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
John A Maurer officer: VP, Treasurer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Giovanna Cipriano officer: SVP & Chief Accounting Officer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Todd Greener officer: SVP, Global Supply Chain 330 WEST 34TH STREET, NEW YORK NY 10001
Richard A Johnson director, officer: President & CEO FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Rosalind Reeves officer: EVP, Chief HR Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Elliott Rodgers officer: EVP, Chief Operations Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Nitin Neil Bansal officer: EVP,Chief Strat&Transform Off C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Andrew E Page officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Samantha Lomow officer: President, Global Brands 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192