Skechers U.S.A., Inc. (SKX)
NYSE: SKX · IEX Real-Time Price · USD
68.16
+0.26 (0.38%)
Jul 12, 2024, 4:00 PM EDT - Market closed

Skechers U.S.A. Statistics

Total Valuation

SKX has a market cap or net worth of $10.40 billion. The enterprise value is $11.04 billion.

Market Cap 10.40B
Enterprise Value 11.04B

Important Dates

The next confirmed earnings date is Thursday, July 25, 2024, after market close.

Earnings Date Jul 25, 2024
Ex-Dividend Date n/a

Share Statistics

SKX has 152.58 million shares outstanding. The number of shares has decreased by -1.04% in one year.

Shares Outstanding 152.58M
Shares Change (YoY) -1.04%
Shares Change (QoQ) -0.27%
Owned by Insiders (%) 0.81%
Owned by Institutions (%) 94.49%
Float 131.14M

Valuation Ratios

The trailing PE ratio is 17.94 and the forward PE ratio is 15.80. SKX's PEG ratio is 1.19.

PE Ratio 17.94
Forward PE 15.80
PS Ratio 1.26
Forward PS 1.13
PB Ratio 2.51
P/FCF Ratio 16.03
PEG Ratio 1.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.67, with an EV/FCF ratio of 17.01.

EV / Earnings 18.64
EV / Sales 1.34
EV / EBITDA 11.67
EV / EBIT 14.60
EV / FCF 17.01

Financial Position

The company has a current ratio of 2.39, with a Debt / Equity ratio of 0.42.

Current Ratio 2.39
Quick Ratio 1.43
Debt / Equity 0.42
Debt / EBITDA 1.85
Debt / FCF 2.69
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 14.80% and return on invested capital (ROIC) is 11.43%.

Return on Equity (ROE) 14.80%
Return on Assets (ROA) 8.00%
Return on Capital (ROIC) 11.43%
Revenue Per Employee $460,894
Profits Per Employee $33,071
Employee Count 17,900
Asset Turnover 1.12
Inventory Turnover 2.72

Taxes

In the past 12 months, SKX has paid $164.10 million in taxes.

Income Tax 164.10M
Effective Tax Rate 21.70%

Stock Price Statistics

The stock price has increased by +30.53% in the last 52 weeks. The beta is 1.26, so SKX's price volatility has been higher than the market average.

Beta (5Y) 1.26
52-Week Price Change +30.53%
50-Day Moving Average 69.57
200-Day Moving Average 60.43
Relative Strength Index (RSI) 45.33
Average Volume (20 Days) 1,978,105

Short Selling Information

The latest short interest is 2.72 million, so 1.78% of the outstanding shares have been sold short.

Short Interest 2.72M
Short Previous Month 2.67M
Short % of Shares Out 1.78%
Short % of Float 2.07%
Short Ratio (days to cover) 1.35

Income Statement

In the last 12 months, SKX had revenue of $8.25 billion and earned $591.98 million in profits. Earnings per share was $3.80.

Revenue 8.25B
Gross Profit 4.36B
Operating Income 860.01M
Pretax Income 756.08M
Net Income 591.98M
EBITDA 945.91M
EBIT 756.08M
Earnings Per Share (EPS) $3.80
Full Income Statement

Balance Sheet

The company has $1.11 billion in cash and $1.75 billion in debt, giving a net cash position of -$637.16 million or -$4.18 per share.

Cash & Cash Equivalents 1.11B
Total Debt 1.75B
Net Cash -637.16M
Net Cash Per Share -$4.18
Equity (Book Value) 4.15B
Book Value Per Share 27.17
Working Capital 2.29B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $958.44 million and capital expenditures -$309.60 million, giving a free cash flow of $648.84 million.

Operating Cash Flow 958.44M
Capital Expenditures -309.60M
Free Cash Flow 648.84M
FCF Per Share $4.24
Full Cash Flow Statement

Margins

Gross margin is 52.79%, with operating and profit margins of 10.42% and 7.18%.

Gross Margin 52.79%
Operating Margin 10.42%
Pretax Margin 9.16%
Profit Margin 7.18%
EBITDA Margin 11.47%
EBIT Margin 9.16%
FCF Margin 7.86%

Dividends & Yields

SKX does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.04%
Shareholder Yield 1.04%
Earnings Yield 5.69%
FCF Yield 6.24%
Dividend Details

Analyst Forecast

The average price target for SKX is $71.69, which is 5.18% higher than the current price. The consensus rating is "Strong Buy".

Price Target $71.69
Price Target Difference 5.18%
Analyst Consensus Strong Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 9.11%
EPS Growth Forecast (5Y) 16.14%
Stock Forecasts

Stock Splits

The last stock split was on October 16, 2015. It was a forward split with a ratio of 3:1.

Last Split Date Oct 16, 2015
Split Type Forward
Split Ratio 3:1

Scores

SKX has an Altman Z-Score of 4.59 and a Piotroski F-Score of 8.

Altman Z-Score 4.59
Piotroski F-Score 8