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SKX

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

73.16USD+0.32 (+0.44%)Market Closed

Market Summary

SKX
USD73.16+0.32
Market Closed
0.44%

SKX Alerts

  • 1 major insider sales recently.

SKX Stock Price

View Fullscreen

SKX RSI Chart

SKX Valuation

Market Cap

11.2B

Price/Earnings (Trailing)

18.9

Price/Sales (Trailing)

1.36

EV/EBITDA

9.56

Price/Free Cashflow

17.24

SKX Price/Sales (Trailing)

SKX Profitability

EBT Margin

10.47%

Return on Equity

14.28%

Return on Assets

7.82%

Free Cashflow Yield

5.8%

SKX Fundamentals

SKX Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

12.47%

Rev. Growth (Qtr)

14.82%

SKX Earnings

Earnings (TTM)

592.0M

Earnings Growth (Yr)

28.78%

Earnings Growth (Qtr)

137%

Breaking Down SKX Revenue

Last 7 days

-0.9%

Last 30 days

6.9%

Last 90 days

19.9%

Trailing 12 Months

41.3%

How does SKX drawdown profile look like?

SKX Financial Health

Current Ratio

2.39

Debt/Equity

0.03

Debt/Cashflow

8.52

SKX Investor Care

Buy Backs (1Y)

1.43%

Diluted EPS (TTM)

3.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.3B000
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
Jun 07, 2024
garcia zulema
sold
-80,080
72.8
-1,100
-
Jun 04, 2024
paccione phillip
sold
-29,379
69.454
-423
general counsel & secretary
May 24, 2024
blair katherine j.
acquired
-
-
3,000
-
May 24, 2024
siskind richard
acquired
-
-
3,000
-
May 24, 2024
garcia zulema
acquired
-
-
3,000
-
May 24, 2024
erlich morton d
acquired
-
-
3,000
-
May 24, 2024
macias yolanda
acquired
-
-
3,000
-
May 16, 2024
blair katherine j.
sold
-481,425
68.775
-7,000
-
Mar 15, 2024
nason mark a
acquired
-
-
15,000
executive vice president

1–10 of 50

Which funds bought or sold SKX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
0.48
1,672
27,543
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
-2,000
39,000
-%
May 28, 2024
Verity Asset Management, Inc.
added
2.25
4,503
943,281
0.53%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-48,000
2,653,000
0.02%
May 24, 2024
Cetera Investment Advisers
added
159
700,571
1,153,100
-%
May 22, 2024
Second Line Capital, LLC
unchanged
-
-46,528
2,639,140
0.86%
May 21, 2024
China Universal Asset Management Co., Ltd.
reduced
-96.39
-624,089
22,911
-%
May 21, 2024
LRI Investments, LLC
new
-
102,488
102,488
0.03%
May 20, 2024
Virtu Financial LLC
new
-
203,000
203,000
0.02%
May 20, 2024
CIM, LLC
reduced
-0.5
29,819
1,155,490
0.17%

1–10 of 41

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
Jun 07, 2024
144
Notice of Insider Sale Intent
Jun 07, 2024
4
Insider Trading
Jun 06, 2024
4
Insider Trading
May 31, 2024
SD
SD
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 23, 2024
8-K
Current Report

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

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
144.1B
51.6B
2.79% -16.59%
27.55
2.79
1.91% -4.51%
25.7B
4.3B
13.48% 96.67%
33.78
5.98
18.21% 46.97%
11.2B
8.3B
6.91% 41.27%
18.9
1.36
8.17% 43.60%
MID-CAP
9.7B
4.0B
13.10% 44.99%
12.17
2.41
6.29% 28.94%
3.2B
2.1B
5.28% 28.55%
17.71
1.55
2.17% 1.30%
SMALL-CAP
390.2M
3.1B
-27.25% -25.74%
21.17
0.13
-4.57% -87.54%
278.3M
303.3M
-2.98% 1.81%
10.32
0.92
-14.96% -22.88%
275.8M
464.3M
-2.62% 79.00%
20.62
0.59
-16.93% 5.08%
177.5M
457.0M
-23.02% -0.66%
40.38
0.39
-7.83% 107.65%
40.3M
31.2M
671.15% 312.09%
-12.07
1.29
-12.80% -33.55%

Skechers U.S.A. Inc News

Latest updates
Defense World22 hours ago
The Motley Fool26 Apr 202407:00 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue14.8%2,2521,9612,0252,0132,0021,8791,8781,8681,8201,6551,5581,6621,4341,3251,3017291,2421,3311,3541,2591,277
Gross Profit13.5%1,1821,0411,0721,061979910884898824808777854686648625369548638653610591
Operating Expenses-3.1%883911859843755823754743648715631652528596536432508548512505430
  S&GA Expenses-14.4%15718317818712915815116710813912814191.00-27186.0043250889.0098.0011470.00
EBITDA Margin3.8%0.13*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*
Interest Expenses-16.0%5.006.006.006.005.005.005.004.004.004.003.003.004.005.005.005.002.002.002.002.001.00
Income Taxes97.2%56.0029.0040.0039.0043.0010.0020.0029.0034.00-33721.0042.0029.00-9.6015.00-4.317.0013.0023.0021.0032.00
Earnings Before Taxes110.9%29714120622123410211513517085.0013820314369.0097.00-59.5249.0096.00145113163
EBT Margin4.6%0.10*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*
Net Income137.0%20787.0014515316076.0086.0090.0012140210313799.0053.0064.00-68.1049.0060.0010375.00109
Net Income Margin5.2%0.07*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*
Free Cashflow-141.6%-94.69227252264164186-297215-224-115-153269-98.01178-182237-20916.0056.00221-101
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.3%7,5677,5477,2397,1087,0446,8936,6796,6776,5456,4915,9025,7655,9865,8125,7115,4085,3954,8934,5664,4214,127
  Current Assets-0.6%3,9303,9533,7683,6703,7103,6463,5823,5703,4263,3723,3033,2463,4653,3443,3863,1373,2302,8202,6272,4932,382
    Cash Equivalents-14.2%1,0201,1901,1008977606165087525907969521,0911,2851,3711,2941,3521,159825824779687
  Net PPE0.8%1,5191,5071,4661,4171,3781,3451,2901,2261,1841,1291,0871,027993935870833788739703683606
  Goodwill0%10110110110193.0093.0093.0093.0093.0093.0093.0093.0093.0093.0093.0093.0093.0071.00---
Liabilities-4.2%3,0143,1472,9352,9162,9983,0222,9302,9582,8792,9492,7702,7513,1543,0873,0702,9712,8072,3572,2252,0981,892
  Current Liabilities-1.1%1,6431,6611,4941,4771,5401,6131,5771,5281,4061,4461,3371,3381,2711,2131,2601,0771,0431,2381,107995819
  Short Term Borrowings-100.0%-12.0035.0037.0031.0020.0031.00-50.001.000.001.001.003.0022.0014.0014.006.0016.0010.0015.00
  Long Term Debt-53.7%11324324023723021622625326526328326971867968468066949.0040.0010094.00
    LT Debt, Current401.9%23447.0077.0076.0010010313773.0059.0077.0044.0043.0061.0052.0010769.0017.0066.0067.004.002.00
    LT Debt, Non Current-53.7%11324324023723021622625326526328326971867968468066949.0040.0010094.00
Shareholder's Equity3.2%4,1464,0193,9524,1914,0463,8723,7493,7183,6663,5423,1323,0142,8322,7262,6412,4372,5882,5362,3412,3242,236
  Retained Earnings5.4%4,0033,7973,7103,5643,4113,2513,1753,0902,9992,8782,4752,3722,2352,1362,0832,0192,0872,0381,9781,8751,800
  Additional Paid-In Capital-22.7%229296340363384404387402415430410396377372360330313307293283292
Shares Outstanding-1.0%153155155155155156155156156156156155155154154154154153153153153
Minority Interest7.1%408381352352331302290302298283290281255244239212241221167191173
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-112.0%-37.61312343340235281-197289-134-41.09-63.92331-13.77274-119311-13477.00105308-63.50
  Share Based Compensation14.9%21.0018.0018.0018.0014.0016.0010.0016.0018.0019.0015.0015.0012.0010.0030.0013.0012.0011.0011.0011.009.00
Cashflow From Investing15.1%-92.56-109-86.63-153-68.80-94.80-78.83-38.65-75.21-88.59-88.87-61.74-105-100-65.11-70.68-76.26-70.48-47.22-189-36.66
Cashflow From Financing62.5%-43.47-116-55.37-49.90-13.35-69.4433.00-76.41-4.97-18.4214.00-46435.00-10428.0051.005586.00-7.60-36.37-93.59
  Buy Backs0.0%60.0060.0040.0030.0030.00-25.0024.0025.00----------15.0015.00
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SKX Income Statement

2024-03-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Sales$ 2,251,587$ 2,001,928
Cost of sales1,069,9531,023,349
Gross profit1,181,634978,579
Operating expenses  
Selling156,501128,560
General and administrative726,335626,442
Total operating expenses882,836755,002
Earnings from operations298,798223,577
Other (expense) income(2,050)9,923
Earnings before income taxes296,748233,500
Income tax expense56,37043,216
Net earnings240,378190,284
Less: Net earnings attributable to noncontrolling interests33,75629,841
Net earnings attributable to Skechers U.S.A., Inc.$ 206,622$ 160,443
Net earnings per share attributable to Skechers U.S.A., Inc.  
Basic$ 1.35$ 1.03
Diluted$ 1.33$ 1.02
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.  
Basic152,918155,140
Diluted155,119156,755

SKX Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 1,020,458$ 1,189,910
Short-term investments88,56472,595
Trade accounts receivable, less allowances of $57,021 and $57,8671,158,384860,300
Other receivables76,63282,253
Inventory1,360,6301,525,409
Prepaid expenses and other225,726222,137
Total current assets ($1,273,167 and $1,252,372 related to VIEs)3,930,3943,952,604
Property, plant and equipment, net1,519,4631,506,690
Operating lease right-of-use assets1,298,3491,276,171
Deferred tax assets447,085450,574
Long-term investments143,503123,996
Goodwill101,230101,230
Other assets, net127,416136,086
Total non-current assets ($642,570 and $641,879 related to VIEs)3,637,0463,594,747
TOTAL ASSETS7,567,4407,547,351
Current liabilities  
Accounts payable828,8241,008,001
Accrued expenses302,213320,105
Operating lease liabilities277,733274,296
Current installments of long-term borrowings233,75646,571
Short-term borrowings011,894
Total current liabilities ($690,370 and $600,337 related to VIEs)1,642,5261,660,867
Long-term operating lease liabilities1,122,1571,108,110
Long-term borrowings112,536242,944
Deferred tax liabilities12,16712,594
Other long-term liabilities124,363122,794
Total non-current liabilities ($201,013 and $329,219 related to VIEs)1,371,2231,486,442
Total liabilities3,013,7493,147,309
Commitments and contingencies (Note 10)
Stockholders’ equity  
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding00
Additional paid-in capital228,594295,847
Accumulated other comprehensive loss(86,020)(73,388)
Retained earnings4,003,3523,796,730
Skechers U.S.A., Inc. equity4,146,0784,019,342
Noncontrolling interests407,613380,700
Total stockholders' equity4,553,6914,400,042
TOTAL LIABILITIES AND EQUITY7,567,4407,547,351
Class A Common Stock [Member]  
Stockholders’ equity  
Common Stock132133
Class B Common Stock [Member]  
Stockholders’ equity  
Common Stock$ 20$ 20
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 Jun 18 2024, market cap of Skechers U.S.A. Inc is 11.19 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 Jun 18 2024, SKX's PE ratio (Price to Earnings) is 18.9 and Price to Sales (PS) ratio is 1.36. 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 0.173 (multiply by 100 for percentage) rate of return.