Skechers USA Inc (SKX)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 786,386 | 546,670 | 598,187 | 133,684 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,730,160 | 4,019,340 | 3,569,990 | 3,259,340 | 2,481,440 |
| Return on total capital | 0.00% | 19.57% | 15.31% | 18.35% | 5.39% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,730,160K)
= 0.00%
The return on total capital for Skechers USA Inc has shown significant fluctuations over the years. The ratio has increased from 5.39% in December 2020 to a peak of 19.57% in December 2023, indicating an improvement in the company's ability to generate returns from its total capital. However, there was a sharp decline to 0.00% by December 2024, suggesting a sudden drop in the company's profitability and efficiency in utilizing its total capital during that period.
Overall, the trend shows volatility in Skechers USA Inc's return on total capital performance, with fluctuations reflecting changes in the company's financial health and operational efficiency. Further analysis is needed to understand the factors driving these fluctuations and to assess the sustainability of the company's returns on total capital in the future.
Peer comparison
Dec 31, 2024