Skechers USA Inc (SKX)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 8,455,760 | 8,646,040 | 7,974,950 | 7,567,440 | 7,547,350 | 7,239,260 | 7,107,660 | 7,044,470 | 6,893,490 | 6,678,640 | 6,676,600 | 6,545,110 | 6,491,280 | 5,901,580 | 5,764,730 | 5,985,570 | 5,812,370 | 5,711,390 | 5,408,050 | 5,395,020 |
| ROA | 7.56% | 7.26% | 7.27% | 7.82% | 7.23% | 7.38% | 6.68% | 5.85% | 5.41% | 10.48% | 10.74% | 11.68% | 11.42% | 6.65% | 6.13% | 2.47% | 1.70% | 1.84% | 2.66% | 5.32% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $639,471K ÷ $8,455,760K
= 7.56%
Skechers USA Inc's return on assets (ROA) has shown some fluctuations over the past few years.
The ROA was 5.32% as of March 31, 2020, and showed a declining trend to 1.70% by December 31, 2020. Subsequently, there was an increase in ROA, reaching 11.68% by March 31, 2022.
From June 30, 2022, to September 30, 2024, the ROA stayed relatively stable, ranging between 5.41% and 10.74%. The highest ROA during this period was recorded on December 31, 2022, at 11.42%. The ROA for the latest quarter, December 31, 2024, was 7.56%.
Overall, Skechers USA Inc's ROA has displayed variability but has generally remained positive, indicating the company's ability to generate profit from its assets. It is important for stakeholders to monitor this metric to assess the company's efficiency in utilizing its assets to generate earnings.
Peer comparison
Dec 31, 2024