Steven Madden Ltd (SHOO)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 169,390 | 173,975 | 217,217 | 192,459 | -18,397 |
Revenue | US$ in thousands | 2,282,930 | 1,981,580 | 2,122,010 | 1,866,140 | 1,201,810 |
Net profit margin | 7.42% | 8.78% | 10.24% | 10.31% | -1.53% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $169,390K ÷ $2,282,930K
= 7.42%
Steven Madden Ltd's net profit margin has shown fluctuations over the past five years. Starting at -1.53% on December 31, 2020, the company moved into positive territory in the following years. It peaked at 10.31% on December 31, 2021, indicating a strong profitability level. Although there was a slight decrease in net profit margin to 10.24% by December 31, 2022, the company maintained a double-digit margin. However, by the end of December 31, 2024, the net profit margin declined to 7.42%. This downward trend suggests that the company's profitability may be facing some challenges or that its cost structure may be affecting its bottom line. Further analysis of the company's financial performance and cost management strategies would be beneficial to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024