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Skechers USA Inc

Consumer Cyclical US SKX

67.91USD
0.18(0.27%)

Last update at 2024-12-26T18:48:00Z

Day Range

67.5668.30
LowHigh

52 Week Range

41.2263.99
LowHigh

Fundamentals

  • Previous Close 67.73
  • Market Cap9573.00M
  • Volume423017
  • P/E Ratio18.23
  • Dividend Yield4.04%
  • EBITDA917.29M
  • Revenue TTM7918.19M
  • Revenue Per Share TTM51.10
  • Gross Profit TTM 3515.36M
  • Diluted EPS TTM3.41

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 522.26M 569.76M 154.73M 516.00M 431.88M
Minority interest -56.13400M -74.12900M 47.66M 80.69M 70.23M
Net income 373.03M 741.50M 146.23M 346.56M 301.04M
Selling general administrative 2385.06M 2066.59M 1754.02M 1625.31M 1455.99M
Selling and marketing expenses 583.63M 459.60M 318.10M 369.90M 350.44M
Gross profit 3515.36M 3099.21M 2189.78M 2491.16M 2223.61M
Reconciled depreciation 153.72M 139.58M 142.81M 111.52M 98.97M
Ebit 392.95M 458.61M 28.25M 412.00M 328.64M
Ebitda 546.67M 598.19M 171.06M 523.51M 427.60M
Depreciation and amortization 153.72M 139.58M 142.81M 111.52M 98.97M
Non operating income net other - -28.43000M 37.37M 5.07M -0.03400M
Operating income 392.95M 458.61M 28.25M 412.00M 437.76M
Other operating expenses 6897.88M 5686.84M 4463.73M 4701.61M 4204.30M
Interest expense 73.17M 37.02M 16.33M 7.51M 4.28M
Tax provision 93.09M -245.87500M 8.50M 88.75M 60.61M
Interest income 19.70M 14.90M 5.91M 11.78M 10.13M
Net interest income - - -10.41500M 4.27M 4.28M
Extraordinary items 0.00000M 0.91M 15.86M - 10.96M
Non recurring - - - - -
Other items - - - - -
Income tax expense 93.09M -245.87500M 8.50M 88.75M 60.61M
Total revenue 7444.55M 6285.03M 4597.41M 5220.05M 4642.07M
Total operating expenses 2968.69M 2501.03M 2056.10M 1972.71M 1785.84M
Cost of revenue 3929.19M 3185.82M 2407.63M 2728.89M 2418.46M
Total other income expense net 129.30M 111.15M 126.48M 104.01M -10.16200M
Discontinued operations - - - - -
Net income from continuing ops 429.16M 815.63M 146.23M 427.25M 371.27M
Net income applicable to common shares 373.03M 741.50M 98.56M 346.56M 301.04M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 6893.49M 6491.28M 5812.37M 4892.94M 3228.26M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 176.03M 193.55M 166.96M 113.58M 79.02M
Total liab 3021.90M 2949.21M 3086.71M 2356.84M 1038.98M
Total stockholder equity 3569.99M 3259.34M 2481.43M 2314.66M 2034.96M
Deferred long term liab - 11.82M 11.44M 0.32M 0.45M
Other current liab 294.14M 265.42M 208.71M 210.24M 161.78M
Common stock 0.15M 0.16M 0.15M 0.15M 0.15M
Capital stock 0.15M 0.16M 0.15M 0.15M 0.15M
Retained earnings 3250.93M 2877.90M 2136.40M 2037.84M 1691.28M
Other liab 128.70M 145.43M 129.52M 103.41M 100.64M
Good will 93.50M 93.50M 93.50M - -
Other assets 537.28M 526.46M 1439.08M 194.72M 97.87M
Cash 615.73M 796.28M 1370.83M 824.88M 872.24M
Cash and equivalents 615.73M 796.28M 1370.83M 824.88M 872.24M
Total current liabilities 1613.04M 1445.58M 1212.71M 1238.23M 850.22M
Current deferred revenue - - - - -
Net debt 1025.94M 865.73M 633.58M 453.47M -775.23000M
Short term debt 361.51M 303.82M 259.92M 263.15M 8.89M
Short long term debt 122.82M 78.16M 55.55M 72.02M 8.89M
Short long term debt total 1641.67M 1662.01M 2004.40M 1278.35M 97.01M
Other stockholder equity 403.80M 429.61M 372.17M 306.67M 374.53M
Property plant equipment 2545.93M 2353.49M 935.44M 738.92M 585.46M
Total current assets 3646.27M 3372.24M 3344.35M 2819.59M 2472.14M
Long term investments 70.50M 145.59M 108.41M 94.59M 93.75M
Net tangible assets 3453.29M 3165.85M 2387.94M 2314.66M 2034.96M
Short term investments 102.17M 98.58M 100.77M 112.04M 100.03M
Net receivables 934.32M 812.84M 689.02M 699.24M 557.60M
Long term debt 216.49M 263.44M 679.41M 49.18M 88.12M
Inventory 1818.02M 1470.99M 1016.77M 1069.86M 863.26M
Accounts payable 957.38M 876.34M 744.08M 764.84M 679.55M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 282.73M 244.23M 221.44M 154.32M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -84.89700M -48.32300M -27.28500M -29.99300M -31.48800M
Additional paid in capital - - - - -
Common stock total equity - 0.16M 0.15M 0.15M 0.15M
Preferred stock total equity - - - - -
Retained earnings total equity - 2877.90M 2136.40M 2037.84M 1691.28M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 83.09M 75.11M 95.26M 117.09M 37.48M
Deferred long term asset charges - - - 49.09M 39.43M
Non current assets total 3247.21M 3119.04M 2468.02M 2073.35M 756.12M
Capital lease obligations 1302.37M 1320.41M 1269.44M 1157.14M -
Long term debt total 216.49M 263.44M 679.41M 49.18M 88.12M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -287.48600M -34.99200M -2.55200M -12.85100M -176.37800M
Change to liabilities 107.20M 241.87M 34.98M 158.90M 194.01M
Total cashflows from investing activities -287.48600M -344.66600M -312.46800M -344.07300M -319.41400M
Net borrowings -2.30100M -393.35600M 614.15M 27.75M 16.16M
Total cash from financing activities -118.05900M -433.91800M 533.30M -131.97300M -119.71500M
Change to operating activities 28.18M -3.73000M -80.39800M -64.79800M -10.40600M
Net income 429.16M 815.63M 146.23M 427.25M 371.27M
Change in cash -180.55000M -574.54300M 545.95M -47.36100M 135.81M
Begin period cash flow 796.28M 1370.83M 824.88M 872.24M 736.43M
End period cash flow 615.73M 796.28M 1370.83M 824.88M 872.24M
Total cash from operating activities 238.32M 212.15M 331.45M 426.55M 568.55M
Issuance of capital stock - - - 6.17M 5.30M
Depreciation 153.72M 139.58M 142.81M 111.52M 98.97M
Other cashflows from investing activities 71.51M -34.99200M -2.55200M -95.11100M -176.37800M
Dividends paid - - - 31.86M 17.84M
Change to inventory -389.02600M -458.00200M 78.63M -171.90300M -7.21200M
Change to account receivables -179.73400M -154.24800M -139.83300M -113.95400M -144.88100M
Sale purchase of stock -74.24500M -37.47800M -75.18900M -30.01900M -99.97700M
Other cashflows from financing activities 51.60M 55.62M 622.15M -72.15600M -5.51300M
Change to netincome 144.96M -262.21700M 68.64M 88.41M 67.05M
Capital expenditures 358.99M 309.67M 309.92M 236.11M 143.04M
Change receivables - -154.24800M 13.26M -118.39000M -136.18800M
Cash flows other operating - -110.46400M -153.09200M -69.23400M -30.06900M
Exchange rate changes - - - - 6.38M
Cash and cash equivalents changes - -566.43200M 552.29M -49.49400M 135.81M
Change in working capital -433.37800M -480.84000M -26.22100M -200.62700M 20.55M
Stock based compensation 59.87M 60.11M 65.24M 41.08M 30.47M
Other non cash items 35.44M 64.92M 22.96M 54.90M 57.07M
Free cash flow -120.66700M -97.52200M 21.54M 190.44M 425.52M

Peer Comparison

Sector: Consumer Cyclical Industry: Footwear & Accessories

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SKX
Skechers USA Inc
0.18 0.27% 67.91 18.23 15.60 1.23 2.46 1.29 11.15
NKE
Nike Inc
0.30 0.39% 77.09 31.59 32.68 3.59 13.23 3.66 28.05
ADDDF
Adidas AG
0.005 0.0021% 243.40 108.41 31.25 1.98 8.21 2.02 22.24
ADDYY
Adidas AG ADR
1.18 0.96% 124.16 101.71 31.75 2.00 8.35 2.05 22.50
DECK
Deckers Outdoor Corporation
1.45 0.70% 209.46 30.03 26.18 4.62 10.04 4.47 20.56

Reports Covered

Stock Research & News

Profile

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through two segments, Wholesale and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Foamies, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the S-Lights, Skech-Air, Foamies, Twinkle Toes, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands, as well as Skechers Viper Court for pickleball. The company also provides men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. The company sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

Skechers USA Inc

228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266

Key Executives

Name Title Year Born
Mr. Robert Y. Greenberg Co-Founder, Chairman & CEO 1940
Mr. Michael Greenberg Co-Founder, Pres & Director 1963
Mr. John M. Vandemore Chief Financial Officer 1974
Mr. David Weinberg Exec. VP, COO & Director 1951
Mr. Mark Nason Exec. VP of Product Devel. 1962
Mr. Philip G. Paccione Exec. VP of Bus. Affairs, Gen. Counsel & Corp. Sec. 1962
Mr. Pete Calichman Sr. VP of Domestic Sales NA
Mr. Rick Graham Exec. Officer NA

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