Steven Madden Ltd (SHOO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 936,932 | 916,315 | 889,396 | 862,137 | 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 |
| Revenue (ttm) | US$ in thousands | 2,282,927 | 2,220,323 | 2,148,380 | 2,070,129 | 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 |
| Gross profit margin | 41.04% | 41.27% | 41.40% | 41.65% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $936,932K ÷ $2,282,927K
= 41.04%
The gross profit margin of Steven Madden Ltd has shown a slightly increasing trend over the past few years. Starting at 38.00% in March 2020, the gross profit margin gradually increased to 42.24% by September 2023. The company experienced its highest gross profit margin of 42.24% in September 2023 before slightly declining to 41.04% by December 2024.
Overall, the company has been successful in maintaining a relatively stable gross profit margin above 40% in recent years, indicating effective cost management and pricing strategies. This suggests that Steven Madden Ltd has been able to generate a healthy profit from its sales after accounting for the cost of goods sold.
Peer comparison
Dec 31, 2024