Skechers USA Inc (SKX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 639,471 | 627,327 | 579,521 | 591,978 | 545,799 | 534,132 | 474,603 | 412,248 | 373,028 | 699,936 | 717,189 | 764,154 | 741,504 | 392,362 | 353,501 | 148,035 | 98,563 | 104,814 | 143,626 | 286,903 |
| Revenue (ttm) | US$ in thousands | 8,969,350 | 8,717,870 | 8,395,130 | 8,250,010 | 8,000,350 | 7,918,190 | 7,771,600 | 7,626,880 | 7,444,540 | 7,213,640 | 6,886,230 | 6,676,200 | 6,285,030 | 5,961,860 | 5,711,790 | 4,783,492 | 4,597,412 | 4,603,432 | 4,656,542 | 5,185,630 |
| Net profit margin | 7.13% | 7.20% | 6.90% | 7.18% | 6.82% | 6.75% | 6.11% | 5.41% | 5.01% | 9.70% | 10.41% | 11.45% | 11.80% | 6.58% | 6.19% | 3.09% | 2.14% | 2.28% | 3.08% | 5.53% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $639,471K ÷ $8,969,350K
= 7.13%
Skechers USA Inc's net profit margin has shown some fluctuations over the past few years. It stood at 5.53% as of March 31, 2020, but then dipped to 2.14% by December 31, 2020. However, there was a notable improvement in profitability starting from the first quarter of 2021, with the net profit margin increasing to 11.80% by December 31, 2021.
Subsequently, the net profit margin fluctuated but generally remained at healthier levels, ranging between 5.01% and 11.45% up to June 30, 2022. From there, the profitability trend became somewhat stable, hovering in the range of 6% to 7.20% until December 31, 2024.
Overall, Skechers USA Inc's net profit margin performance indicates periods of both volatility and stability, with a recent trend showing relative consistency in maintaining profitability above 6%.
Peer comparison
Dec 31, 2024