Skechers USA Inc (SKX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 639,471 | 545,799 | 373,028 | 741,503 | 146,227 |
| Total stockholders’ equity | US$ in thousands | 4,730,160 | 4,019,340 | 3,569,990 | 3,259,340 | 2,481,440 |
| ROE | 13.52% | 13.58% | 10.45% | 22.75% | 5.89% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $639,471K ÷ $4,730,160K
= 13.52%
Skechers USA Inc's return on equity (ROE) has shown fluctuations over the years based on the provided data. In December 2020, the ROE was relatively low at 5.89%, indicating a lower return on equity for that year. However, there was a significant improvement in December 2021, where the ROE surged to 22.75%, reflecting a substantial increase in profitability compared to the previous year.
Subsequently, in December 2022, the ROE decreased to 10.45%, suggesting a decline in the company's ability to generate profits from its shareholders' equity. However, there was a moderate rebound in December 2023, with the ROE rising to 13.58%, indicating a better performance compared to the previous year.
Finally, in December 2024, the ROE remained relatively stable at 13.52%, showing consistency in the company's profitability relative to its equity. Overall, Skechers USA Inc's ROE fluctuated over the years, with notable improvements in some periods and relatively lower performance in others.
Peer comparison
Dec 31, 2024