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Skechers U.S.A., Inc. (SKX)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 5,220 | 4,613 | 6,310 | 7,445 | 8,000 | 8,969 | 9,412 |
| Operating profit | $m | 904 | 837 | |||||
| Net profit | $m | 347 | 99 | 742 | 373 | 546 | 639 | 665 |
| EPS reported | $ | 4.16 | 4.38 | |||||
| Operating cashflow per share | $ | 4.53 | 2.99 | |||||
| Capex per share | $ | 2.74 | 2.20 | |||||
| FCF per share | $ | 1.78 | 0.78 | |||||
| Free cash flow | $m | 271 | 63 | |||||
| Net debt | $m | -780 | -899 | |||||
| Book value equity | $m | 4,277 | 4,775 | |||||
| Book value per share | $ | 27.80 | 31.56 | |||||
| Number of shares | m | 153.84 | 151.31 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 16.16 | - | |||||
| P/B LTM | x | 2.39 | 1.99 | |||||
| P/S LTM | x | 1.14 | 1.01 | |||||
| P/FCF LTM | x | 37.73 | 150.22 | |||||
| EV/EBITDA LTM | x | 9.92 | 7.52 | |||||
| EV/Sales LTM | x | 1.23 | 0.91 | |||||
| Earnings Yield LTM | % | 6.19% | 3.94% | |||||
| FCF Yield | % | 2.65% | 0.67% | |||||
| Quality | ||||||||
| ROE | % | 14.95% | 8.03% | |||||
| ROIC | % | 10.92% | 4.53% | |||||
| Operating margin | % | 10.08% | 9.03% | |||||
| Gross margin | % | 53.15% | 52.68% | |||||
| FCF/Sales | % | 3.02% | 2.42% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +19.20% | +17.43% | |||||
| Sales Growth YoY | % | +12.11% | +12.11% | |||||
| Net Income Growth YoY | % | +17.16% | +14.83% | |||||
| FCF Growth | % | -70.18% | -92.15% | |||||
| Operating Profit Growth | % | +15.22% | -1.37% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.14 | 0.03 | |||||
| Net Debt/EBITDA | x | 0.73 | 1.36 | |||||
| EBIT/Net interest | x | 41.29 | 27.56 | |||||
| Net debt/market cap | % | -7.64% | -9.48% | |||||
| Net debt/Equity | x | -0.18 | -0.19 | |||||
| Gross debt/equity | x | 0.45 | 0.47 | |||||
Company overview
Skechers U.S.A., Inc., established in 1992 and based in Manhattan Beach, California, is a prominent global player in the footwear and apparel industry. The company is dedicated to the ideation, creation, promotion, and worldwide distribution of a vast array of footwear suitable for men, women, and children, in addition to specialized athletic shoes for adult markets. Its operations are segmented into three main divisions: U.S. Wholesale, International Wholesale, and a Direct-to-Consumer channel. Skechers offers an expansive collection of footwear, ranging from everyday casuals, casual athletics, and sports athletics to trail shoes, sandals, boots, and retro-inspired designs. These are sold under various adult labels, including Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS. For children, the company provides sneakers, casuals, boots, and sandals through brands such as Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street. Furthermore, Skechers manufactures high-performance athletic footwear within its Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf lines. Beyond its core footwear offerings, the company also supplies men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic work shoes. Complementing its shoe range, Skechers designs and markets lifestyle apparel for men, women, and kids. As of December 31, 2021, Skechers boasted a significant global retail presence with 4,306 stores, comprising both company-owned and third-party operated locations. Its products are distributed through a diverse network that includes department stores, specialized retailers, athletic and independent shops, boutiques, and various online vendors. This network also encompasses its own e-commerce platforms, dedicated concept stores, and factory and warehouse outlets. The company further enhances its brand reach by engaging in licensing agreements for its Skechers trademark.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Skechers U.S.A., Inc. (SKX)
Skechers U.S.A., Inc., established in 1992 and based in Manhattan Beach, California, is a prominent global player in the footwear and apparel industry. The company is dedicated to the ideation, creation, promotion, and worldwide distribution of a vast array of footwear suitable for men, women, and children, in addition to specialized athletic shoes for adult markets. Its operations are segmented into three main divisions: U.S. Wholesale, International Wholesale, and a Direct-to-Consumer channel. Skechers offers an expansive collection of footwear, ranging from everyday casuals, casual athletics, and sports athletics to trail shoes, sandals, boots, and retro-inspired designs. These are sold under various adult labels, including Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS. For children, the company provides sneakers, casuals, boots, and sandals through brands such as Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street. Furthermore, Skechers manufactures high-performance athletic footwear within its Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf lines. Beyond its core footwear offerings, the company also supplies men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic work shoes. Complementing its shoe range, Skechers designs and markets lifestyle apparel for men, women, and kids. As of December 31, 2021, Skechers boasted a significant global retail presence with 4,306 stores, comprising both company-owned and third-party operated locations. Its products are distributed through a diverse network that includes department stores, specialized retailers, athletic and independent shops, boutiques, and various online vendors. This network also encompasses its own e-commerce platforms, dedicated concept stores, and factory and warehouse outlets. The company further enhances its brand reach by engaging in licensing agreements for its Skechers trademark.
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