Skechers USA Inc (SKX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 904,257 | 784,786 | 392,954 | 458,610 | 28,246 |
| Revenue | US$ in thousands | 8,969,350 | 8,000,340 | 7,444,550 | 6,285,030 | 4,597,410 |
| Operating profit margin | 10.08% | 9.81% | 5.28% | 7.30% | 0.61% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $904,257K ÷ $8,969,350K
= 10.08%
Skechers USA Inc's operating profit margin has shown a fluctuating trend over the past five years, ranging from 0.61% in December 31, 2020, to 10.08% in December 31, 2024. The company experienced a significant improvement in operating profit margin from 2020 to 2024, indicating better efficiency in generating profits from its core operations. However, there was a slight decrease in the operating profit margin in 2022 compared to the previous year. Overall, the upward trend in operating profit margin suggests improved operational performance and potential for sustained profitability in the future.
Peer comparison
Dec 31, 2024