Skechers U.S.A., Inc. (SKX)

Skechers U.S.A. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	9,129	8,969	8,000	7,445	6,310	4,613
Revenue Growth (YoY)	10.66%	12.11%	7.47%	17.98%	36.78%	-12.00%
Cost of Revenue	4,289	4,202	3,848	3,929	3,186	2,408
Gross Profit	4,840	4,767	4,152	3,515	3,124	2,206
Selling, General & Admin	3,970	3,863	3,366	2,969	2,526	2,072
Operating Expenses	3,970	3,863	3,366	2,969	2,526	2,072
Operating Income	870.58	904.26	786.39	546.67	598.19	133.68
Other Non Operating Income (Expenses)	0.07	-26.51	16.09	-24.41	-28.43	21.05
EBT Excluding Unusual Items	870.66	877.75	802.47	522.26	569.76	154.73
Merger & Restructuring Charges	-	-	-1.6	-	-	-
Pretax Income	870.66	877.75	800.87	522.26	569.76	154.73
Income Tax Expense	156.35	148.14	150.95	93.1	-245.88	8.5
Earnings From Continuing Operations	714.31	729.61	649.92	429.16	815.63	146.23
Minority Interest in Earnings	-79.02	-90.14	-104.12	-56.13	-74.13	-47.66
Net Income	635.29	639.47	545.8	373.03	741.5	98.56
Net Income to Common	635.29	639.47	545.8	373.03	741.5	98.56
Net Income Growth	7.32%	17.16%	46.32%	-49.69%	652.31%	-71.56%
Shares Outstanding (Basic)	151	152	155	156	156	154
Shares Outstanding (Diluted)	153	154	156	157	157	155
Shares Change (YoY)	-1.87%	-1.54%	-0.22%	-0.12%	1.23%	0.48%
EPS (Basic)	4.21	4.21	3.53	2.40	4.77	0.64
EPS (Diluted)	4.16	4.16	3.49	2.38	4.73	0.64
EPS Growth	9.64%	19.20%	46.64%	-49.68%	639.92%	-71.59%
Free Cash Flow	-	270.6	907.44	-120.67	-97.52	21.54
Free Cash Flow Per Share	-	1.76	5.81	-0.77	-0.62	0.14
Gross Margin	53.02%	53.15%	51.90%	47.22%	49.51%	47.81%
Operating Margin	9.54%	10.08%	9.83%	7.34%	9.48%	2.90%
Profit Margin	6.96%	7.13%	6.82%	5.01%	11.75%	2.14%
Free Cash Flow Margin	-	3.02%	11.34%	-1.62%	-1.54%	0.47%
EBITDA	1,086	1,116	968.31	700.39	737.76	276.49
EBITDA Margin	11.89%	12.44%	12.10%	9.41%	11.69%	5.99%
D&A For EBITDA	215.05	211.5	181.93	153.72	139.58	142.81
EBIT	870.58	904.26	786.39	546.67	598.19	133.68
EBIT Margin	9.54%	10.08%	9.83%	7.34%	9.48%	2.90%
Effective Tax Rate	17.96%	16.88%	18.85%	17.83%	-	5.50%
Advertising Expenses	-	669.6	562.1	473.7	375	248.7

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q