Steven Madden Ltd (SHOO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 224,939 | 213,222 | 281,644 | 243,597 | -31,605 |
| Revenue | US$ in thousands | 2,282,930 | 1,981,580 | 2,122,010 | 1,866,140 | 1,201,810 |
| Operating profit margin | 9.85% | 10.76% | 13.27% | 13.05% | -2.63% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $224,939K ÷ $2,282,930K
= 9.85%
Steven Madden Ltd's operating profit margin has shown fluctuating trends over the past five years. The margin was negative at -2.63% as of December 31, 2020, indicating that the company was not efficiently generating profit from its core operations. However, there was a significant improvement in the following year, with the margin increasing to 13.05% by December 31, 2021.
The positive trend continued into 2022 and 2023, with operating profit margins of 13.27% and 10.76%, respectively. This suggests that the company was effectively managing its operating expenses and generating higher profits relative to its revenue during these years.
However, there was a slight decrease in the operating profit margin to 9.85% by December 31, 2024. While still positive, this decline may indicate potential challenges in controlling costs or maintaining profitability levels compared to the previous years.
Overall, Steven Madden Ltd's operating profit margin has shown a mix of positive and negative performance. It is essential for the company to continue monitoring and optimizing its operational efficiency to sustain profitability and drive long-term growth.
Peer comparison
Dec 31, 2024