Steven Madden Ltd (SHOO)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 832,414 | 816,284 | 813,135 | 841,030 | 873,836 | 913,479 | 904,001 | 856,291 | 767,497 | 664,469 | 584,348 | 470,181 | 464,541 | 487,563 | 543,523 | 657,635 | 686,016 | 686,481 | 674,616 | 656,311 |
| Revenue (ttm) | US$ in thousands | 1,981,582 | 1,932,511 | 1,936,422 | 2,026,109 | 2,122,009 | 2,229,847 | 2,201,946 | 2,064,851 | 1,866,142 | 1,640,628 | 1,458,753 | 1,203,671 | 1,201,814 | 1,268,472 | 1,423,719 | 1,730,536 | 1,787,156 | 1,784,376 | 1,749,499 | 1,699,544 |
| Gross profit margin | 42.01% | 42.24% | 41.99% | 41.51% | 41.18% | 40.97% | 41.05% | 41.47% | 41.13% | 40.50% | 40.06% | 39.06% | 38.65% | 38.44% | 38.18% | 38.00% | 38.39% | 38.47% | 38.56% | 38.62% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $832,414K ÷ $1,981,582K
= 42.01%
Steven Madden Ltd.'s gross profit margin has displayed a relatively stable trend over the past eight quarters. The margins have consistently remained above 40%, indicating effective management of production costs and pricing strategies. The highest gross profit margin was recorded in Q3 2023 at 42.24%, while the lowest was in Q1 2023 at 41.51%. This consistent performance suggests the company has maintained a healthy balance between cost control and pricing, contributing to sustained profitability. Overall, Steven Madden Ltd. has demonstrated solid performance in managing its gross profit margin in the given period.
Peer comparison
Dec 31, 2023