COLM (Columbia Sportswear Co) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


COLM Columbia Sportswear Co COLM
82 GF Score
Price $61.79
GF Value $85.04
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Columbia Sportswear Co Scaled Net Operating Assets?

Columbia Sportswear Co COLM -4.22% 82 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates COLM with a GF Score™ of 82/100 and a GF Value™ of $85.04 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Columbia Sportswear Co's operating assets for the quarter that ended in Mar. 2026 was $2,028 Mil. Columbia Sportswear Co's operating liabilities for the quarter that ended in Mar. 2026 was $509 Mil. Columbia Sportswear Co's Total Assets for the quarter that ended in Dec. 2025 was $2,928 Mil. Therefore, Columbia Sportswear Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


Columbia Sportswear Co Scaled Net Operating Assets Historical Data

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The historical data trend for Columbia Sportswear Co's Scaled Net Operating Assets 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.

Columbia Sportswear Co Scaled Net Operating Assets Chart

Columbia Sportswear Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.61 0.52 0.48 0.47

Columbia Sportswear Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.51 0.58 0.66 0.52 0.52

COLM vs PVH, ZGN, UAA: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Columbia Sportswear Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Columbia Sportswear Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Columbia Sportswear Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Columbia Sportswear Co's Scaled Net Operating Assets falls into.


COLM
82GF Score
Columbia Sportswear Co COLM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Columbia Sportswear Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Columbia Sportswear Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2137.699-740.661)/2975.265
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2928.493 - 790.794
=2137.699

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1218.35 - 389.188 - 88.501
=740.661

Columbia Sportswear Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2028.232-509.048)/2928.493
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2563.586 - 535.354
=2028.232

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=981.616 - 387.864 - 84.704
=509.048

* 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.

What does a Scaled Net Operating Assets of 0.52 mean?
Columbia Sportswear Co (COLM) has a Scaled Net Operating Assets of 0.52 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Columbia Sportswear Co and its competitors.
Is Columbia Sportswear Co's Scaled Net Operating Assets too high?
Columbia Sportswear Co's current Scaled Net Operating Assets is 0.52. Overall, Columbia Sportswear Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Columbia Sportswear Co's Scaled Net Operating Assets compare to PVH and ZGN?
Columbia Sportswear Co's Scaled Net Operating Assets of 0.52 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Columbia Sportswear Co and its competitors. Columbia Sportswear Co's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbia Sportswear Co stock overvalued right now?
Based on GuruFocus' analysis, Columbia Sportswear Co (COLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $85.04, compared to a current price of $61.79 — trading 27.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Columbia Sportswear Co's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Columbia Sportswear Co (COLM), the current Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Columbia Sportswear Co (COLM) Overvalued in 2026?

Based on GuruFocus' analysis, Columbia Sportswear Co stock appears to be undervalued. The current stock price of $61.79 is trading 27.3% below its estimated GF Value™ of $85.04. GuruFocus considers Columbia Sportswear Co to be Modestly Undervalued.

Key valuation signals for COLM:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: $85.04 vs. price of $61.79 (27.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the COLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Columbia Sportswear Co Business Description

Address 14375 Northwest Science Park Drive, Portland, OR, USA, 97229
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. It sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia to manufacture its various products.
82GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.79
Price
$85.04
GF Value