Steven Madden Ltd (SHOO)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 10.76% | 11.02% | 10.80% | 11.36% | 13.27% | 14.41% | 15.03% | 15.18% | 13.05% | 11.31% | 6.45% | 1.88% | -2.63% | -2.64% | 2.64% | 6.12% | 9.89% | 10.22% | 10.55% | 10.68% |
| Pretax margin | 11.07% | 11.35% | 11.07% | 11.47% | 13.28% | 14.40% | 14.97% | 15.08% | 12.88% | 10.98% | 6.12% | 1.76% | -2.50% | -2.31% | 2.93% | 6.41% | 10.12% | 10.44% | 10.76% | 10.85% |
| Net profit margin | 8.72% | 8.73% | 8.52% | 8.83% | 10.21% | 11.28% | 11.66% | 11.83% | 10.23% | 8.88% | 4.94% | 1.64% | -1.53% | -1.83% | 2.54% | 5.16% | 7.91% | 7.62% | 7.95% | 7.94% |
Steven Madden Ltd. has shown relatively stable and consistent profitability over the past eight quarters, as indicated by its gross profit margin averaging around 41-42%. This suggests the company has been effectively managing its production costs and generating revenue.
In terms of operating profit margin, there has been a gradual decline from Q1 2022 to Q4 2023, indicating that the company's operating expenses relative to its sales have been increasing. However, the operating profit margin remains within a healthy range, with figures above 10% indicating the company's ability to generate profits from its core operations.
Similarly, the pretax margin has shown a slight fluctuation over the quarters, but generally remains above 11%, signifying the company's ability to generate profits before taxes from its overall operations.
The net profit margin has also exhibited a downward trend from Q1 2022 to Q4 2023, although it remains above 8%. This indicates that after accounting for all expenses, including taxes, Steven Madden Ltd. is still able to convert a significant portion of its revenue into net profit.
Overall, while there has been some fluctuation in profitability margins over the quarters, Steven Madden Ltd. has maintained a healthy level of profitability, with strong margins across the board.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.82% | 16.49% | 16.46% | 19.11% | 22.39% | 26.20% | 25.20% | 24.52% | 17.97% | 14.27% | 8.02% | 1.94% | -2.78% | -3.03% | 3.32% | 9.24% | 13.83% | 14.22% | 14.40% | 15.00% |
| Return on assets (ROA) | 12.82% | 13.06% | 12.98% | 14.84% | 17.22% | 20.51% | 19.56% | 19.10% | 14.08% | 11.20% | 6.14% | 1.69% | -1.62% | -2.10% | 3.19% | 7.80% | 11.05% | 10.61% | 10.86% | 11.16% |
| Return on total capital | 25.70% | 25.45% | 25.36% | 28.04% | 33.87% | 38.15% | 39.71% | 37.53% | 30.00% | 23.22% | 12.15% | 2.88% | -4.07% | -4.43% | 4.98% | 13.91% | 21.34% | 21.74% | 22.55% | 22.14% |
| Return on equity (ROE) | 20.83% | 20.16% | 20.00% | 21.78% | 26.06% | 29.86% | 30.81% | 29.24% | 23.50% | 18.23% | 9.31% | 2.51% | -2.37% | -3.07% | 4.79% | 11.74% | 17.06% | 16.22% | 17.00% | 16.47% |
Steven Madden Ltd. has demonstrated consistently strong profitability ratios over the quarters provided.
- Operating return on assets (Operating ROA) has ranged from 16.30% to 26.44% in Q4 2022, indicating the company's ability to generate profits from its assets and operations efficiently, with a slight decline in recent quarters.
- Return on assets (ROA) has ranged from 12.73% to 20.41%, showcasing the company's overall profitability in relation to its total assets. The figures have shown a decline over the quarters but remain at healthy levels.
- Return on total capital has ranged from 25.36% to 40.06%, indicating the company's ability to generate returns for both equity and debt holders. There has been a gradual decrease in this ratio over the quarters.
- Return on equity (ROE) has ranged from 19.93% to 30.66%, reflecting the return generated for its shareholders. The ROE figures have also shown a decline over the quarters, but they remain within a satisfactory range.
Overall, Steven Madden Ltd. has demonstrated consistent profitability, although there has been a slight decline in profitability ratios in recent quarters. It is essential for the company to monitor and address the factors contributing to this decline to maintain sustainable profitability in the future.