skechers u.s.a. inc. - SKX

SKX

Close Chg Chg %
61.02 0.23 0.38%

Open Market

61.25

+0.23 (0.38%)

Volume: 327.97K

Last Updated:

Nov 22, 2024, 10:54 AM EDT

Company Overview: skechers u.s.a. inc. - SKX

SKX Key Data

Open

$61.23

Day Range

61.21 - 62.40

52 Week Range

54.83 - 75.09

Market Cap

$9.21B

Shares Outstanding

150.97M

Public Float

130.50M

Beta

1.23

Rev. Per Employee

N/A

P/E Ratio

15.03

EPS

$4.11

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.30M

 

SKX Performance

1 Week
 
0.51%
 
1 Month
 
3.04%
 
3 Months
 
-12.59%
 
1 Year
 
8.93%
 
5 Years
 
52.95%
 

SKX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About skechers u.s.a. inc. - SKX

Skechers U.S.A., Inc. engages in designing, development, and marketing of lifestyle footwear for men, women, and children of all ages. It operates through the Wholesale and Direct-to-Consumer segment. The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. The Direct-to-Consumer segment is involved in selling directly to consumers through a combination of channels. The company was founded by Robert Greenberg and Michael Greenberg in 1992 and is headquartered in Manhattan Beach, CA.

SKX At a Glance

Skechers U.S.A., Inc.
228 Manhattan Beach Boulevard
Manhattan Beach, California 90266
Phone 1-310-318-3100 Revenue 8.00B
Industry Apparel/Footwear Net Income 545.80M
Sector Consumer Non-Durables 2023 Sales Growth 7.466%
Fiscal Year-end 12 / 2024 Employees 17,900
View SEC Filings

SKX Valuation

P/E Current 15.028
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.847
Price to Sales Ratio 1.218
Price to Book Ratio 2.373
Price to Cash Flow Ratio 7.912
Enterprise Value to EBITDA 11.215
Enterprise Value to Sales 1.355
Total Debt to Enterprise Value 0.183

SKX Efficiency

Revenue/Employee 446,946.48
Income Per Employee 30,491.564
Receivables Turnover 8.488
Total Asset Turnover 1.108

SKX Liquidity

Current Ratio 2.38
Quick Ratio 1.461
Cash Ratio 0.76

SKX Profitability

Gross Margin 49.629
Operating Margin 9.809
Pretax Margin 10.01
Net Margin 6.822
Return on Assets 7.559
Return on Equity 14.383
Return on Total Capital 9.094
Return on Invested Capital 10.68

SKX Capital Structure

Total Debt to Total Equity 49.329
Total Debt to Total Capital 33.034
Total Debt to Total Assets 26.27
Long-Term Debt to Equity 33.614
Long-Term Debt to Total Capital 22.51
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Skechers U.s.a. Inc. - SKX

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.60B 6.29B 7.44B 8.00B
Sales Growth
-11.93% +36.71% +18.45% +7.47%
Cost of Goods Sold (COGS) incl D&A
2.55B 3.33B 4.08B 4.03B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
142.81M 139.58M 153.72M 181.93M
Depreciation
115.50M 132.68M 146.82M 170.53M
Amortization of Intangibles
27.31M 6.90M 6.90M 11.40M
COGS Growth
-10.21% +30.38% +22.78% -1.30%
Gross Income
2.05B 2.96B 3.36B 3.97B
Gross Income Growth
-13.98% +44.59% +13.58% +18.11%
Gross Profit Margin
+44.52% +47.09% +45.16% +49.63%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.93B 2.39B 2.81B 3.19B
Research & Development
17.90M 24.60M 28.10M 27.90M
Other SG&A
1.91B 2.36B 2.79B 3.16B
SGA Growth
+2.51% +23.59% +17.95% +13.17%
Other Operating Expense
- - - (19.94M)
-
Unusual Expense
- - - 18.20M
-
EBIT after Unusual Expense
117.67M 573.03M 546.67M 784.79M
Non Operating Income/Expense
53.39M (3.27M) (4.71M) 38.49M
Non-Operating Interest Income
- - - 5.91M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- 16.33M 19.70M 22.40M
Interest Expense Growth
- - +117.43% +13.71%
-
Gross Interest Expense
- 16.33M 19.70M 22.40M
Interest Capitalized
- - - -
-
Pretax Income
154.73M 569.76M 522.26M 800.87M
Pretax Income Growth
-70.01% +268.23% -8.34% +53.35%
Pretax Margin
+3.37% +9.07% +7.02% +10.01%
Income Tax
8.50M (245.88M) 93.09M 150.95M
Income Tax - Current - Domestic
(26.25M) 41.56M 9.82M 24.82M
Income Tax - Current - Foreign
56.53M 102.06M 84.90M 130.66M
Income Tax - Deferred - Domestic
(5.28M) (31.55M) 5.76M (6.68M)
Income Tax - Deferred - Foreign
(16.50M) (357.94M) (7.38M) 2.15M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
146.23M 815.63M 429.16M 649.92M
Minority Interest Expense
47.66M 74.13M 56.13M 104.12M
Net Income
98.56M 741.50M 373.03M 545.80M
Net Income Growth
-71.56% +652.31% -49.69% +46.32%
Net Margin Growth
+2.14% +11.80% +5.01% +6.82%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
98.56M 741.50M 373.03M 545.80M
Preferred Dividends
- - - -
-
Net Income Available to Common
98.56M 741.50M 373.03M 545.80M
EPS (Basic)
0.6393 4.7673 2.3969 3.5319
EPS (Basic) Growth
-71.70% +645.71% -49.72% +47.35%
Basic Shares Outstanding
154.18M 155.54M 155.63M 154.53M
EPS (Diluted)
0.6363 4.7292 2.3819 3.493
EPS (Diluted) Growth
-71.70% +643.23% -49.63% +46.65%
Diluted Shares Outstanding
154.89M 156.79M 156.61M 156.26M
EBITDA
278.68M 712.61M 700.39M 966.71M
EBITDA Growth
-54.12% +155.71% -1.71% +38.03%
EBITDA Margin
+6.06% +11.34% +9.41% +12.08%

Snapshot

Average Recommendation BUY Average Target Price 80.923
Number of Ratings 18 Current Quarters Estimate 0.741
FY Report Date 12 / 2024 Current Year's Estimate 4.246
Last Quarter’s Earnings 1.26 Median PE on CY Estimate N/A
Year Ago Earnings 3.39 Next Fiscal Year Estimate 4.93
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 12 15 15
Mean Estimate 0.74 1.58 4.25 4.93
High Estimates 0.76 1.73 4.28 5.25
Low Estimate 0.70 1.49 4.20 4.63
Coefficient of Variance 2.30 4.73 0.47 3.10

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 13 14
OVERWEIGHT 2 2 3
HOLD 3 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Skechers U.s.a. Inc. - SKX

Date Name Shares Transaction Value
Jun 28, 2024 Robert Greenberg Chief Executive Officer; Director 1,578 Bona fide gift 0.00
Jun 7, 2024 Philip G. Paccione General Counsel & Secretary 35,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $69.45 per share 2,430,750.00
Jun 7, 2024 Philip G. Paccione General Counsel & Secretary 35,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Zulema Garcia Director 14,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Richard Siskind Director 159,499 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Yolanda Macias Director 14,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Morton D. Erlich Director 10,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Katherine J. Blair Director 14,900 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 19, 2024 Robert Greenberg Chief Executive Officer; Director 194,333 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 19, 2024 Robert Greenberg Chief Executive Officer; Director 132,783 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.11 per share 8,114,369.13
Mar 19, 2024 Robert Greenberg Chief Executive Officer; Director 163,122 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $61.42 per share 10,018,953.24
Mar 18, 2024 Michael Greenberg President; Director 148,723 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $61.42 per share 9,134,566.66
Mar 18, 2024 Michael Greenberg President; Director 123,441 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.11 per share 7,543,479.51
Mar 18, 2024 Michael Greenberg President; Director 171,991 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 18, 2024 Michael Greenberg President; Director 174,704 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 18, 2024 David Weinberg Chief Operating Officer; Director 140,665 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 18, 2024 David Weinberg Chief Operating Officer; Director 119,881 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $61.42 per share 7,363,091.02
Mar 18, 2024 David Weinberg Chief Operating Officer; Director 99,655 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61.11 per share 6,089,917.05
Mar 18, 2024 David Weinberg Chief Operating Officer; Director 138,455 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 18, 2024 Mark A. Nason Executive Vice President 20,090 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $61.42 per share 1,233,927.80

Skechers U.S.A. Inc. in the News