Steven Madden Ltd (SHOO)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 173,975 | 217,217 | 192,459 | -18,397 | 141,311 |
| Revenue | US$ in thousands | 1,981,580 | 2,122,010 | 1,866,140 | 1,201,810 | 1,787,160 |
| Net profit margin | 8.78% | 10.24% | 10.31% | -1.53% | 7.91% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $173,975K ÷ $1,981,580K
= 8.78%
The net profit margin of Steven Madden Ltd. has shown fluctuations over the past five years, ranging from -1.53% in 2020 to a peak of 10.22% in 2021. The trend indicates variability in the company's ability to convert revenue into profit, with a significant improvement in profitability from 2020 to 2021. However, there was a decline in the net profit margin from 2021 to 2023, indicating potential challenges in managing expenses or generating sufficient revenues to maintain profitability. Further analysis of the company's cost structure and revenue generation strategies may be required to ascertain the factors influencing these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023