Skechers U.S.A., Inc. logo SKX - Skechers U.S.A., Inc.

Inactive Ticker SKX is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 26
HOLD 9
SELL 2
STRONG
SELL
0
| PRICE TARGET: $70.00 DETAILS
HIGH: $85.00
LOW: $40.00
MEDIAN: $72.00
CONSENSUS: $70.00
UPSIDE: 10.88%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 8,969.4 8,000.3 7,444.6 6,310.2 4,613.4 5,220.1 4,642.1 4,164.2 3,563.3 3,147.3 2,377.6 1,846.4 1,560.3 1,606.0 2,006.9 1,438.1 1,443.2 1,398.4 1,205.4 1,006.5 920.3 835.0 943.6 960.4 675.0 424.6 372.7
Cost of Revenue 4,201.9 3,847.9 3,929.2 3,185.8 2,407.6 2,728.9 2,418.5 2,225.3 1,928.7 1,723.3 1,305.7 1,027.6 877.0 982.3 1,095.0 815.4 844.8 794.2 682.0 586.0 549.5 517.3 556.9 554.2 384.8 246.1 215.1
Gross Profit 4,767.4 4,152.4 3,515.4 3,124.4 2,205.8 2,491.2 2,223.6 1,938.9 1,634.6 1,424.0 1,071.9 818.8 683.3 623.7 911.9 622.7 598.4 604.2 523.3 420.5 370.9 317.7 386.7 406.2 290.2 178.5 157.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 3,863.2 3,367.6 2,968.7 2,526.2 2,072.1 1,995.2 1,806.4 1,572.7 1,278.0 1,084.9 871.9 732.9 668.1 721.2 719.7 552.4 540.5 491.2 414.9 350.8 328.7 323.2 305.0 317.4 203.3 136.4 121.4
Other Expenses 0 0 0 0 0 (22.5) (20.6) (16.7) (13.9) (11.7) (9.1) (7.7) (7.1) 36.4 (3.4) 0 0 0 (4.1) (6.6) (7.1) (4.2) (1.1) 0.3 6.0 3.9 3
Operating Expenses 3,863.2 3,367.6 2,968.7 2,526.2 2,072.1 1,972.7 1,785.8 1,556.0 1,264.1 1,073.2 862.8 725.2 661.0 757.5 716.3 552.4 540.5 491.2 410.8 344.2 321.6 319.0 303.9 317.7 209.3 140.3 124.4
Operating Income
Operating Income 904.3 784.8 546.7 598.2 133.7 412.0 437.8 382.9 370.5 350.8 209.1 93.6 22.3 (133.8) 196.7 72.6 57.9 112.9 112.5 76.3 49.2 (1.3) 82.8 88.5 80.9 38.2 33.2
Interest Expense 21.9 22.4 19.7 14.9 16.3 7.5 5.8 6.7 6.3 10.7 12.5 11.9 13.3 7.9 3.0 1.0 4.6 4.8 0 8.0 8.0 9.2 6.6 0 0 0 0
Interest Income 37.3 0 0 0 5.9 11.8 10.1 2.4 1.2 0.7 0.8 0.8 0.6 1.9 2.8 0 7.3 10.0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,115.8 968.3 700.4 737.8 276.5 630.0 547.4 479.4 449.7 350.8 209.1 136.9 67.4 (88.0) 227.5 94.8 83.1 140.7 112.5 99.7 49.2 21.0 82.8 103.8 86.9 42.1 36.2
EBIT 904.3 784.8 546.7 598.2 133.7 518.4 437.8 382.9 365.8 350.8 209.1 93.6 23.8 (123.2) 199.6 74.2 65.3 123.1 112.5 76.3 49.2 (1.3) 82.8 88.5 80.9 38.2 33.2
Income Before Tax 877.7 800.9 522.3 569.8 154.7 516.0 431.9 384.3 359.5 333.5 191.4 82.2 10.5 (131.0) 196.6 71.1 60.7 118.3 112.6 72.8 38.7 (10.4) 75.3 76.0 72.4 32.7 25.1
Income Tax Expense 148.1 150.9 93.1 (245.9) 8.5 88.8 60.6 149.2 74.1 72.5 39.2 21.3 (0.0) (63.5) 60.2 20.2 7.3 42.6 41.7 28.1 15.2 1.5 28.3 28.7 28.6 12.9 0.7
Net Income 639.5 545.8 373.0 741.5 98.6 346.6 301.0 179.2 243.5 231.9 138.8 54.8 9.5 (67.5) 136.1 54.7 55.4 75.7 71.0 44.7 23.6 (11.9) 47.0 47.3 43.8 19.8 24.4
Per Share Data
EPS (Basic) 4.21 3.53 2.40 4.77 0.64 2.26 1.93 1.15 1.58 1.52 0.91 0.36 0.06 -0.46 0.96 0.39 0.40 0.56 0.58 0.38 0.20 -0.10 0.42 0.43 0.41 0.21 0.18
EPS (Diluted) 4.16 3.49 2.38 4.73 0.64 2.25 1.92 1.14 1.57 1.50 0.91 0.36 0.06 -0.46 0.93 0.39 0.40 0.54 0.53 0.35 0.20 -0.10 0.40 0.41 0.40 0.20 0.16
Shares Outstanding 151.8 154.5 155.6 155.5 154.2 153.4 155.8 155.7 154.2 152.8 151.8 151.1 148.5 145.5 142.3 139.0 138.1 135.8 123.2 119.1 115.9 113.5 111.8 109.2 105.4 95.8 83.4
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 1,116.5 1,189.9 615.7 796.3 1,370.8 824.9 872.2 736.4 718.5 508.0 265.7 114.9 137.7 113.5 124.8 15.6 8.8 10.8 10.9
Short-Term Investments 118.5 72.6 102.2 98.6 100.8 112.0 100.0 0 0 0 30 0 0 0 0 0 0 0 0
Net Receivables 1,089.1 942.6 934.3 812.8 689.0 699.2 557.6 433.0 346.0 362.6 232.1 182.9 123.2 103.3 105.2 123.1 98.2 66.7 49.2
Inventory 1,919.4 1,525.4 1,818.0 1,471.0 1,016.8 1,069.9 863.3 873.0 700.5 620.2 224.1 261.2 149.8 137.9 148.0 157.7 111.7 69 65.4
Other Current Assets 206.0 222.1 176.0 0 0 0 0 0 0 0 8.9 12.0 3.9 2.9 0.7 4.8 11.4 7.9 2.6
Total Current Assets 4,449.4 3,952.6 3,646.3 3,372.2 3,344.4 2,819.6 2,472.1 2,105.0 1,827.8 1,570.5 789.0 602.0 424.6 372.7 393.5 318.8 229.5 154.4 128.1
Non-Current Assets
Property, Plant & Equipment 3,198.5 2,782.9 2,545.9 2,353.5 2,107.0 1,812.6 585.5 541.6 494.5 435.9 171.7 157.8 82.6 86.3 83.7 85.7 70.4 21.4 15.2
Goodwill 94.5 101.2 93.5 93.5 93.5 71.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 9.0 5.4 1.6 2.0 0.9 0.5 0.6 0.7 1
Long-Term Investments 146.7 124.0 70.5 145.6 108.4 94.6 93.7 0 0 0 0 81.9 0 (5.6) (0.7) 0 0 0 0
Other Non-Current Assets 126.3 136.1 83.1 75.1 95.3 45.7 37.5 41.1 45.4 38.0 12.2 11.1 4.9 5.5 5.1 2.5 2.9 1.4 2
Total Non-Current Assets 4,006.3 3,594.7 3,247.2 3,119.0 2,468.0 2,073.4 756.1 630.1 565.9 476.9 206.5 274.3 94.0 93.9 89.7 88.7 73.9 23.5 18.1
Total Assets 8,455.8 7,547.4 6,893.5 6,491.3 5,812.4 4,892.9 3,228.3 2,735.1 2,393.7 2,047.4 995.6 876.3 518.7 466.5 483.2 407.5 303.4 177.9 146.2
Current Liabilities
Account Payables 1,241.8 1,008.0 957.4 876.3 744.1 764.8 679.6 505.3 520.4 474.0 196.2 164.6 93.7 78.7 88.6 77.5 72.9 47.7 38.1
Short-Term Debt 386.5 58.5 122.8 78.2 55.5 72.0 8.9 9.8 7.9 15.7 2.5 0.6 3.1 3.2 2.4 86.3 52.2 31.4 57.4
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 73.1 81.0 60.5 68.9 77.2 69.0 48.5 0 0 0 0 0 0 0 0 0 11.2 10.3 9.5
Total Current Liabilities 2,256.5 1,660.9 1,613.0 1,445.6 1,212.7 1,238.2 850.2 597.3 621.7 577.0 230.5 188.2 110.7 94.8 106.7 178.9 136.2 89.4 105
Non-Current Liabilities
Long-Term Debt 68.5 242.9 216.5 263.4 679.4 49.2 88.1 71.1 67.2 68.9 15.6 16.2 113.0 119.3 117.2 29.6 33.1 2.5 13.6
Deferred Tax Liabilities 11.1 12.6 8.7 11.8 11.4 0.3 0.5 0.2 0.4 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 123.1 122.8 120.0 133.6 118.1 103.1 100.2 118.3 18.9 18.2 0 0 0 (3.2) 0 0 0 0 (0.1)
Total Non-Current Liabilities 1,379.0 1,486.4 1,408.9 1,503.6 1,874 1,118.6 188.8 189.5 86.4 94.7 15.6 16.2 113.0 116.0 117.2 29.6 33.1 2.5 13.5
Total Liabilities 3,635.5 3,147.3 3,021.9 2,949.2 3,086.7 2,356.8 1,039.0 786.9 708.2 671.7 246.2 204.4 223.8 210.9 223.9 208.5 169.4 91.9 118.5
Stockholders' Equity
Common Stock 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0
Retained Earnings 4,436.2 3,796.7 3,250.9 2,877.9 2,136.4 2,037.8 1,691.3 1,390.2 1,211.0 967.6 463.9 409.2 165.8 142.2 154.1 107.0 59.8 16 27.7
Accumulated Other Comprehensive Income (171.2) (73.4) (84.9) (48.3) (27.3) (30.0) (31.5) (14.7) (26.6) (26.3) 9.3 (4.7) 12.0 8.1 3.0 0.0 0 0 0
Total Stockholders' Equity 4,277.3 4,019.3 3,570.0 3,259.3 2,481.4 2,314.7 2,035.0 1,829.1 1,603.6 1,327.6 745.9 668.7 294.9 255.7 259.2 199.0 134.0 86 27.7
Total Liabilities & Equity 8,455.8 7,547.4 6,893.5 6,491.3 5,812.4 4,892.9 3,228.3 2,735.1 2,393.7 2,047.4 995.6 876.3 518.7 466.5 483.2 407.5 303.4 177.9 146.2
Debt Metrics
Total Debt 1,929.1 1,683.8 1,641.7 1,662.0 2,004.4 1,278.3 97.0 80.9 75.0 84.7 18.2 16.8 116.2 119.3 119.6 115.9 85.3 33.9 71
Net Debt 812.6 493.9 1,025.9 865.7 633.6 453.5 (775.2) (655.5) (643.5) (423.3) (247.5) (98.2) (21.5) 5.8 (5.2) 100.4 76.5 23.1 60.1
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 729.6 545.8 429.2 815.6 146.2 427.3 371.3 235.1 285.4 261.0 44.7 23.6 (11.9) 47.0 47.3 43.8 19.8 24.4
Depreciation & Amortization 211.5 181.9 153.7 139.6 142.8 111.5 99.0 82.8 66.1 53.0 23.4 21.8 22.4 18.1 15.3 6.0 3.9 3
Stock-Based Compensation 86.7 68.0 59.9 60.1 65.2 41.1 30.5 28.9 23.1 18.3 0 0 0 0 0 0 0 0
Change in Working Capital (425.1) 303.7 (433.4) (480.8) (26.2) (200.6) 20.5 (205.7) (41.3) (104.1) 9.6 (16.3) (2.3) 39.5 (75.1) (52.9) (12.6) (33.5)
Other Non-Cash Items 79.6 134.2 35.4 64.9 23.0 54.9 57.1 22.2 40.4 8.9 4.6 7.2 9.0 8.1 11.2 3.7 (0.1) 1.8
Operating Cash Flow 687.4 1,231.2 238.3 212.2 331.5 426.6 568.6 159.3 361.6 232.2 75.9 33.0 12.3 116.8 (1.7) (1.0) 13.1 (4.3)
Investing Activities
Capital Expenditure (416.8) (323.7) (359.0) (309.7) (309.9) (236.1) (143.0) (136.2) (119.5) (118.2) (14.0) (16) (21.8) (14.5) (31.5) (21.9) (10.8) (9.4)
Acquisitions 0 (70.4) (71.5) 309.7 309.9 (100.7) 0 0.2 (22.5) 0.1 0 0 (2.3) 0 0 0 0 0
Purchases of Investments (197.4) (160.2) (70.8) (215.2) (166.6) (189.6) (446.1) (2.3) (3.8) (8.4) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 128.9 136.3 142.3 180.2 164.1 176.8 269.7 0.3 0.2 0.1 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 71.5 (309.7) (309.9) 5.5 (176.4) (0.2) (3.6) (0.1) 0 0.0 0.0 0 0 0.1 0 0
Investing Cash Flow (485.4) (418.0) (287.5) (344.7) (312.5) (344.1) (319.4) (138.2) (145.6) (126.5) (14.0) (16.0) (24.1) (14.5) (31.5) (21.8) (10.8) (9.4)
Financing Activities
Net Debt Issuance 156.8 (37.9) (2.3) (393.4) 614.1 27.8 16.2 5.9 (9.6) (33.6) (7.7) (3.0) (2.4) (0.5) 30.6 18.2 (37) 32.1
Stock Repurchased (330.1) (160.1) (74.2) 0 0 (30.0) (100.0) 0 0 0 0 0 0 0 0 0 0 (0.6)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (35.4) (8.3)
Other Financing Activities (80.1) (36.7) (21.2) (47.8) (86.8) (135.9) (41.2) (25.9) 0.9 (28.9) 0 0 0 0 0 0 0 0
Financing Cash Flow (253.5) (234.7) (118.1) (433.9) 533.3 (132.0) (119.7) (14.5) (3.5) (58.2) (0.7) 5.9 (0.9) 6.0 40.0 20.8 (2.4) 23.2
Cash Position
Net Change in Cash (73.4) 574.2 (180.6) (574.5) 546.0 (47.4) 135.8 17.9 210.5 41.3 59.4 24.2 (11.4) 109.3 6.8 (2.1) (0.1) 23.2
Cash at Beginning 1,189.9 615.7 796.3 1,370.8 824.9 872.2 736.4 718.5 508.0 466.7 137.7 113.5 124.8 15.6 8.8 10.8 10.9 1.5
Cash at End 1,116.5 1,189.9 615.7 796.3 1,370.8 824.9 872.2 736.4 718.5 508.0 197.0 137.7 113.5 124.8 15.6 8.8 10.8 24.7
Free Cash Flow 270.6 907.4 (120.7) (97.5) 21.5 190.4 425.5 23.1 242.2 114.0 61.9 17.0 (9.5) 102.3 (33.2) (22.9) 2.3 (13.7)
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 8,969.4 8,000.3 7,444.6 6,310.2 4,613.4 5,220.1 4,642.1 4,164.2 3,563.3 3,147.3 2,377.6 1,846.4 1,560.3 1,606.0 2,006.9 1,438.1 1,443.2 1,398.4 1,205.4 1,006.5 920.3 835.0 943.6 960.4 675.0 424.6 372.7
Gross Profit 4,767.4 4,152.4 3,515.4 3,124.4 2,205.8 2,491.2 2,223.6 1,938.9 1,634.6 1,424.0 1,071.9 818.8 683.3 623.7 911.9 622.7 598.4 604.2 523.3 420.5 370.9 317.7 386.7 406.2 290.2 178.5 157.6
Operating Income 904.3 784.8 546.7 598.2 133.7 412.0 437.8 382.9 370.5 350.8 209.1 93.6 22.3 (133.8) 196.7 72.6 57.9 112.9 112.5 76.3 49.2 (1.3) 82.8 88.5 80.9 38.2 33.2
Net Income 639.5 545.8 373.0 741.5 98.6 346.6 301.0 179.2 243.5 231.9 138.8 54.8 9.5 (67.5) 136.1 54.7 55.4 75.7 71.0 44.7 23.6 (11.9) 47.0 47.3 43.8 19.8 24.4
EPS (Diluted) 4.16 3.49 2.38 4.73 0.64 2.25 1.92 1.14 1.57 1.50 0.91 0.36 0.06 -0.46 0.93 0.39 0.40 0.54 0.53 0.35 0.20 -0.10 0.40 0.41 0.40 0.20 0.16
Balance Sheet
Cash & Equivalents 1,116.5 1,189.9 615.7 796.3 1,370.8 824.9 872.2 736.4 718.5 508.0 265.7 114.9 137.7 113.5 124.8 15.6 8.8 10.8 10.9
Total Assets 8,455.8 7,547.4 6,893.5 6,491.3 5,812.4 4,892.9 3,228.3 2,735.1 2,393.7 2,047.4 995.6 876.3 518.7 466.5 483.2 407.5 303.4 177.9 146.2
Total Debt 1,929.1 1,683.8 1,641.7 1,662.0 2,004.4 1,278.3 97.0 80.9 75.0 84.7 18.2 16.8 116.2 119.3 119.6 115.9 85.3 33.9 71
Stockholders' Equity 4,277.3 4,019.3 3,570.0 3,259.3 2,481.4 2,314.7 2,035.0 1,829.1 1,603.6 1,327.6 745.9 668.7 294.9 255.7 259.2 199.0 134.0 86 27.7
Cash Flow
Operating Cash Flow 687.4 1,231.2 238.3 212.2 331.5 426.6 568.6 159.3 361.6 232.2 75.9 33.0 12.3 116.8 (1.7) (1.0) 13.1 (4.3)
Capital Expenditure (416.8) (323.7) (359.0) (309.7) (309.9) (236.1) (143.0) (136.2) (119.5) (118.2) (14.0) (16) (21.8) (14.5) (31.5) (21.9) (10.8) (9.4)
Free Cash Flow 270.6 907.4 (120.7) (97.5) 21.5 190.4 425.5 23.1 242.2 114.0 61.9 17.0 (9.5) 102.3 (33.2) (22.9) 2.3 (13.7)