Skechers U.S.A., Inc. (SKX) — Financial statements
Income statement, balance sheet, and cash flow for Skechers U.S.A., Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8,969↑12.1% | 8,000↑7.5% | 7,445↑18.0% | 6,310↑36.8% | 4,613 | |
| Cost of Revenue | 4,202↑9.2% | 3,848↓2.1% | 3,929↑23.3% | 3,186↑32.3% | 2,408 | |
| Gross Profit | 4,767↑14.8% | 4,152↑18.1% | 3,515↑12.5% | 3,124↑41.6% | 2,206 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3,063↑13.8% | 2,691↑12.8% | 2,385↑17.7% | 2,027↑17.8% | 1,721 | |
| Selling & Marketing Expenses | 801↑18.3% | 677↑16.0% | 584↑16.8% | 500↑42.1% | 351 | |
| SG&A Expenses | 3,863↑14.7% | 3,368↑13.4% | 2,969↑17.5% | 2,526↑21.9% | 2,072 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,863↑14.7% | 3,368↑13.4% | 2,969↑17.5% | 2,526↑21.9% | 2,072 | |
| Total Costs & Expenses | 8,065↑11.8% | 7,216↑4.6% | 6,898↑20.8% | 5,712↑27.5% | 4,480 | |
| Operating Results | ||||||
| Operating Income | 904↑15.2% | 785↑43.6% | 547↓8.6% | 598↑347.5% | 134 | |
| Depreciation & Amortization | 211↑16.3% | 182↑18.4% | 154↑10.1% | 140↓2.3% | 143 | |
| EBITDA | 1,116↑15.2% | 968↑38.3% | 700↓5.1% | 738↑166.8% | 276 | |
| EBIT | 904↑15.2% | 785↑43.6% | 547↓8.6% | 598↑347.5% | 134 | |
| Interest & Other Income | ||||||
| Net Interest Income | 15↑168.8% | -22↓13.7% | -20↓32.2% | -15↓43.1% | -10 | |
| Interest Income | 37 | 0.00 | 0.00 | 0.00↓100.0% | 6 | |
| Interest Expense | 22↓2.2% | 22↑13.7% | 20↑32.2% | 15↓8.7% | 16 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -27↓264.8% | 16↑165.9% | -24↑14.1% | -28↓235.1% | 21 | |
| Income Before Tax | 878↑9.6% | 801↑53.3% | 522↓8.3% | 570↑268.2% | 155 | |
| Income Tax Expense | 148↓1.9% | 151↑62.1% | 93↑137.9% | -246↓2992.0% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 730↑12.3% | 650↑51.4% | 429↓47.4% | 816↑457.8% | 146 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 639↑17.2% | 546↑46.3% | 373↓49.7% | 742↑652.3% | 99 | |
| Bottom-Line Net Income | 639↑17.2% | 546↑46.3% | 373↓49.7% | 742↑652.3% | 99 | |
| EPS (Basic) | 4.21↑19.3% | 3.53↑47.1% | 2.40↓49.7% | 4.77↑645.3% | 0.64 | |
| EPS (Diluted) | 4.16↑19.2% | 3.49↑46.6% | 2.38↓49.7% | 4.73↑639.1% | 0.64 | |
| Weighted Average Shares | 152↓1.7% | 155↓0.7% | 156↑0.1% | 156↑0.9% | 154 | |
| Weighted Average Diluted Shares | 154↓1.5% | 156↓0.2% | 157↓0.1% | 157↑1.2% | 155 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.