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SKX

SKX - Skechers U.S.A. Inc Stock Price, Fair Value and News

59.13USD-0.51 (-0.86%)Market Closed

Market Summary

SKX
USD59.13-0.51
Market Closed
-0.86%

SKX Alerts

  • 1 major insider sales recently.

SKX Stock Price

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SKX RSI Chart

SKX Valuation

Market Cap

9.2B

Price/Earnings (Trailing)

16.89

Price/Sales (Trailing)

1.15

EV/EBITDA

8.23

Price/Free Cashflow

10.16

SKX Price/Sales (Trailing)

SKX Profitability

EBT Margin

10.01%

Return on Equity

13.58%

Return on Assets

7.23%

Free Cashflow Yield

9.85%

SKX Fundamentals

SKX Revenue

Revenue (TTM)

8.0B

Rev. Growth (Yr)

4.37%

Rev. Growth (Qtr)

-3.16%

SKX Earnings

Earnings (TTM)

545.8M

Earnings Growth (Yr)

15.45%

Earnings Growth (Qtr)

-40.05%

Breaking Down SKX Revenue

Last 7 days

3.9%

Last 30 days

-1.9%

Last 90 days

-2.7%

Trailing 12 Months

18.9%

How does SKX drawdown profile look like?

SKX Financial Health

Current Ratio

2.38

Debt/Equity

0.06

Debt/Cashflow

5.07

SKX Investor Care

Buy Backs (1Y)

0.70%

Diluted EPS (TTM)

3.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20237.6B7.8B7.9B8.0B
20226.7B6.9B7.2B7.4B
20214.8B5.7B6.0B6.3B
20205.2B4.7B4.6B4.6B
20194.7B4.8B5.0B5.2B
20184.3B4.5B4.5B4.6B
20173.7B3.8B4.0B4.2B
20163.4B3.4B3.5B3.6B
20152.6B2.8B3.0B3.1B
20141.9B2.1B2.3B2.4B
20131.7B1.7B1.8B1.8B
20121.5B1.4B1.4B1.6B
20112.0B1.9B1.8B1.6B
20101.6B1.7B1.9B2.0B
20090001.4B
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Tracking the Latest Insider Buys and Sells of Skechers U.S.A. Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
nason mark a
acquired
-
-
15,000
executive vice president
Mar 15, 2024
vandemore john m
acquired
-
-
25,000
chief financial officer
Mar 15, 2024
greenberg robert
acquired
-
-
59,650
chief executive officer
Mar 15, 2024
greenberg robert
sold
-1,854,020
61.11
-30,339
chief executive officer
Mar 15, 2024
weinberg david
acquired
-
-
38,800
chief operating officer
Mar 15, 2024
nason mark a
sold
-370,754
61.11
-6,067
executive vice president
Mar 15, 2024
vandemore john m
sold
-370,754
61.11
-6,067
chief financial officer
Mar 15, 2024
weinberg david
sold
-1,236,010
61.11
-20,226
chief operating officer
Mar 15, 2024
greenberg michael
acquired
-
-
48,550
president
Mar 15, 2024
greenberg michael
sold
-1,544,980
61.11
-25,282
president

1–10 of 50

Which funds bought or sold SKX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
BFSG, LLC
reduced
-2.32
-16,380
391,636
0.05%
Apr 23, 2024
Venturi Wealth Management, LLC
new
-
9,006
9,006
-%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
-29,000
1,679,000
0.06%
Apr 23, 2024
Summit Trail Advisors, LLC
reduced
-12.43
-82,821
511,092
0.01%
Apr 23, 2024
Louisiana State Employees Retirement System
added
2.4
14,634
2,352,380
0.05%
Apr 23, 2024
Global Retirement Partners, LLC
reduced
-61.3
-12,649
7,658
-%
Apr 23, 2024
Gradient Investments LLC
unchanged
-
-6.00
306
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-10.86
-708,000
4,998,000
0.04%
Apr 23, 2024
United Asset Strategies, Inc.
sold off
-100
-1,495,600
-
-%
Apr 23, 2024
FIFTH THIRD BANCORP
added
82.91
47,427
106,899
-%

1–10 of 45

Are Funds Buying or Selling SKX?

Are funds buying SKX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SKX
No. of Funds

Unveiling Skechers U.S.A. Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.45%
12,626,633
SC 13G/A
Feb 09, 2024
massachusetts financial services co /ma/
3.3%
4,383,853
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 02, 2024
blackrock inc.
10.9%
14,533,218
SC 13G/A
Oct 06, 2023
blackrock inc.
10.8%
14,500,454
SC 13G/A
Mar 08, 2023
pzena investment management llc
4.6%
6,260,574
SC 13G/A
Feb 15, 2023
arrowmark colorado holdings llc
3.23%
4,332,217
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.26%
12,433,860
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
5.1%
6,789,736
SC 13G/A

Recent SEC filings of Skechers U.S.A. Inc

View All Filings
Date Filed Form Type Document
Apr 11, 2024
ARS
ARS
Apr 11, 2024
DEF 14A
DEF 14A
Apr 11, 2024
DEFA14A
DEFA14A
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 15, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Skechers U.S.A. Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
143.0B
51.6B
0.15% -26.04%
27.33
2.77
1.91% -4.51%
21.3B
4.1B
-10.02% 69.44%
29.43
5.17
15.34% 46.56%
MID-CAP
9.2B
8.0B
-1.94% 18.90%
16.89
1.15
7.47% 46.32%
7.6B
4.0B
-10.73% -16.34%
9.65
1.93
11.46% 46.73%
3.0B
2.0B
-1.70% 13.44%
17.2
1.51
-6.62% -19.91%
SMALL-CAP
594.0M
3.1B
-13.55% 12.79%
20.44
0.19
-7.25% -82.14%
270.5M
318.0M
-7.03% 6.12%
9.75
0.85
-9.58% 0.88%
203.8M
470.8M
5.25% 15.94%
26
0.43
-5.84% 113.12%
197.0M
461.8M
4.22% 5.73%
18.9
0.43
-24.96% -49.05%
5.0M
33.6M
-18.03% -51.92%
-1.37
0.15
-7.67% -84.08%

Skechers U.S.A. Inc News

Latest updates
Yahoo Canada Finance • 9 hours ago
Yahoo Canada Finance • 33 hours ago
MarketBeat • 21 Apr 2024 • 10:21 am
MarketBeat • 20 Apr 2024 • 02:25 am
Markets Insider • 19 Apr 2024 • 05:59 pm
Seeking Alpha • 21 Mar 2024 • 07:00 am

Skechers U.S.A. Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.2%1,9612,0252,0132,0021,8791,8781,8681,8201,6551,5581,6621,4341,3251,3017291,2421,3311,3541,2591,2771,081
Gross Profit-2.8%1,0411,0721,061979910884898824808777854686648625369548638653610591516
Operating Expenses6.1%911859843755823754743648715631652528596536432508548512505430437
  S&GA Expenses2.6%18317818712915815116710813912814191.00-27186.0043250889.0098.0011470.001,518
EBITDA Margin3.7%0.13*0.12*0.11*0.10*0.09*0.09*0.10*0.11*0.11*0.12*0.12*0.08*0.07*0.07*0.08*0.10*0.12*0.12*0.12*0.12*0.12*
Interest Expenses-1.4%6.006.006.005.005.005.004.004.004.003.003.004.005.005.005.002.002.002.002.001.002.00
Income Taxes-28.9%29.0040.0039.0043.0010.0020.0029.0034.00-33721.0042.0029.00-9.6015.00-4.317.0013.0023.0021.0032.0015.00
Earnings Before Taxes-31.7%14120622123410211513517085.0013820314369.0097.00-59.5249.0096.0014511316382.00
EBT Margin4.0%0.10*0.10*0.09*0.08*0.07*0.07*0.08*0.09*0.09*0.09*0.09*0.05*0.03*0.04*0.05*0.08*0.10*0.10*0.10*0.09*0.09*
Net Income-40.0%87.0014515316076.0086.0090.0012140210313799.0053.0064.00-68.1049.0060.0010375.0010947.00
Net Income Margin1.1%0.07*0.07*0.06*0.05*0.05*0.10*0.10*0.11*0.12*0.07*0.06*0.03*0.02*0.02*0.03*0.06*0.07*0.07*0.07*0.06*0.06*
Free Cashflow-9.8%227252264164186-297215-224-115-153269-98.01178-182237-20916.0056.00221-101110
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.3%7,5477,2397,1087,0446,8936,6796,6776,5456,4915,9025,7655,9865,8125,7115,4085,3954,8934,5664,4214,1273,228
  Current Assets4.9%3,9533,7683,6703,7103,6463,5823,5703,4263,3723,3033,2463,4653,3443,3863,1373,2302,8202,6272,4932,3822,472
    Cash Equivalents8.1%1,1901,1008977606165087525907969521,0911,2851,3711,2941,3521,159825824779687872
  Net PPE2.8%1,5071,4661,4171,3781,3451,2901,2261,1841,1291,0871,027993935870833788739703683606585
  Goodwill0.0%10110110193.0094.0093.0093.0093.0093.0093.0093.0093.0093.0093.0093.0093.0071.00----
Liabilities7.2%3,1472,9352,9162,9983,0222,9302,9582,8792,9492,7702,7513,1543,0873,0702,9712,8072,3572,2252,0981,8921,039
  Current Liabilities11.2%1,6611,4941,4771,5401,6131,5771,5281,4061,4461,3371,3381,2711,2131,2601,0771,0431,2381,107995819850
  Short Term Borrowings-66.2%12.0035.0037.0030.0020.0031.00-50.001.000.001.001.003.0022.0014.0014.006.0016.0010.0015.007.00
  Long Term Debt1.4%24324023723021622625326526328326971867968468066949.0040.0010094.0088.00
    LT Debt, Current-39.3%47.0077.0076.0010010313773.0059.0077.0044.0043.0061.0052.0010769.0017.0066.0067.004.002.002.00
    LT Debt, Non Current1.4%24324023723021622625326526328326971867968468066949.0040.0010094.0088.00
Shareholder's Equity1.7%4,0193,9524,1914,0463,5703,7493,7183,6663,5423,1323,0142,8322,7262,6412,4372,5882,5362,3412,3242,2362,189
  Retained Earnings2.4%3,7973,7103,5643,4113,2513,1753,0902,9992,8782,4752,3722,2352,1362,0832,0192,0872,0381,9781,8751,8001,691
  Additional Paid-In Capital-13.1%296340363384404387402415430410396377372360330313307293283292375
Shares Outstanding0.0%155155155155156156156156156156156155154154154154153153153153156
Minority Interest8.1%381352352331302290302298283290281255244239212241221167191173154
Float---7,300---4,900---6,900---4,300---4,200--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-9.0%312343340235281-197289-134-41.09-63.92331-13.77274-119311-13477.00105308-63.50156
  Share Based Compensation0.2%18.0018.0018.0014.0016.0010.0016.0018.0019.0015.0015.0012.0010.0030.0013.0012.0011.0011.0011.009.007.00
Cashflow From Investing-25.8%-109-86.63-153-68.80-94.80-78.83-38.65-75.21-88.59-88.87-61.74-105-100-65.11-70.68-76.26-70.48-47.22-189-36.66-61.14
Cashflow From Financing-109.6%-116-55.37-49.90-13.35-69.4433.00-76.41-4.97-18.4214.00-46435.00-10428.0051.005586.00-7.60-36.37-93.59-40.62
  Buy Backs50.0%60.0040.0030.0030.00-25.0024.0025.00----------15.0015.0042.00

SKX Income Statement

2023-12-31
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Sales$ 8,000,342$ 7,444,550$ 6,310,187
Cost of sales3,847,9383,929,1933,185,816
Gross profit4,152,4043,515,3573,124,371
Operating expenses   
Selling676,890583,626499,532
General and administrative2,690,7282,385,0612,026,652
Total operating expenses3,367,6182,968,6872,526,184
Earnings from operations784,786546,670598,187
Total other income (expense)16,086(24,413)(28,430)
Earnings before income taxes800,872522,257569,757
Income tax expense (benefit)150,94993,095(245,875)
Net earnings649,923429,162815,632
Less: Net earnings attributable to noncontrolling interest104,12456,13474,129
Net earnings attributable to Skechers U.S.A., Inc.$ 545,799$ 373,028$ 741,503
Net earnings per share attributable to Skechers U.S.A., Inc.   
Basic$ 3.53$ 2.40$ 4.77
Diluted$ 3.49$ 2.38$ 4.73
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.   
Basic154,533155,627155,539
Diluted156,256156,608156,794

SKX Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 1,189,910$ 615,733
Short-term investments72,595102,166
Trade accounts receivable, less allowances of $57,867 and $59,472860,300848,287
Other receivables82,25386,036
Inventory1,525,4091,818,016
Prepaid expenses and other222,137176,035
Total current assets ($1,252,372 and $1,014,962 related to VIEs)3,952,6043,646,273
Property, plant and equipment, net1,506,6901,345,370
Operating lease right-of-use assets1,276,1711,200,565
Deferred tax assets450,574454,190
Long-term investments123,99670,498
Goodwill101,23093,497
Other assets, net136,08683,094
Total non-current assets ($641,879 and $598,973 related to VIEs)3,594,7473,247,214
TOTAL ASSETS7,547,3516,893,487
Current liabilities  
Accounts payable1,008,001957,384
Accrued expenses320,105294,143
Operating lease liabilities274,296238,694
Current installments of long-term borrowings46,571103,184
Short-term borrowings11,89419,635
Total current liabilities ($600,337 and $568,158 related to VIEs)1,660,8671,613,040
Long-term operating lease liabilities1,108,1101,063,672
Long-term borrowings242,944216,488
Deferred tax liabilities12,5948,656
Other long-term liabilities122,794120,045
Total non-current liabilities ($329,219 and $293,726 related to VIEs)1,486,4421,408,861
Total liabilities3,147,3093,021,901
Commitments and contingencies (Note 7)00
Stockholders’ equity  
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital295,847403,799
Accumulated other comprehensive loss(73,388)(84,897)
Retained earnings3,796,7303,250,931
Skechers U.S.A., Inc. equity4,019,3423,569,988
Noncontrolling interests380,700301,598
Total stockholders' equity4,400,0423,871,586
TOTAL LIABILITIES AND EQUITY7,547,3516,893,487
Class A Common Stock [Member]  
Stockholders’ equity  
Common Stock133134
Class B Common Stock [Member]  
Stockholders’ equity  
Common Stock$ 20$ 21
SKX
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through two segments, Wholesale and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Foamies, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the S-Lights, Skech-Air, Foamies, Twinkle Toes, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands, as well as Skechers Viper Court for pickleball. The company also provides men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. The company sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.
 CEO
 WEBSITEskechers.com
 INDUSTRYFootwear & Accessories
 EMPLOYEES7800

Skechers U.S.A. Inc Frequently Asked Questions


What is the ticker symbol for Skechers U.S.A. Inc? What does SKX stand for in stocks?

SKX is the stock ticker symbol of Skechers U.S.A. Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Skechers U.S.A. Inc (SKX)?

As of Tue Apr 23 2024, market cap of Skechers U.S.A. Inc is 9.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKX stock?

You can check SKX's fair value in chart for subscribers.

What is the fair value of SKX stock?

You can check SKX's fair value in chart for subscribers. The fair value of Skechers U.S.A. Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Skechers U.S.A. Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SKX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Skechers U.S.A. Inc a good stock to buy?

The fair value guage provides a quick view whether SKX is over valued or under valued. Whether Skechers U.S.A. Inc is cheap or expensive depends on the assumptions which impact Skechers U.S.A. Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SKX.

What is Skechers U.S.A. Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, SKX's PE ratio (Price to Earnings) is 16.89 and Price to Sales (PS) ratio is 1.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SKX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Skechers U.S.A. Inc's stock?

In the past 10 years, Skechers U.S.A. Inc has provided 0.162 (multiply by 100 for percentage) rate of return.