Skechers Gross Profit Margin from 2010 to 2024

SKX Stock  USD 59.77  0.84  1.39%   
Skechers USA Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.35 in 2024. During the period from 2010 to 2024, Skechers USA Gross Profit Margin regression line of annual values had r-squared of  0.07 and arithmetic mean of  0.45. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.49628866
Current Value
0.35
Quarterly Volatility
0.03914513
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skechers USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 191 M, Total Revenue of 8.4 B or Gross Profit of 4.2 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.27 or PTB Ratio of 2.6. Skechers financial statements analysis is a perfect complement when working with Skechers USA Valuation or Volatility modules.
  
Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Latest Skechers USA's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Skechers USA over the last few years. It is Skechers USA's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skechers USA's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Pretty Stable
   Gross Profit Margin   
       Timeline  

Skechers Gross Profit Margin Regression Statistics

Arithmetic Mean0.45
Geometric Mean0.45
Coefficient Of Variation8.68
Mean Deviation0.03
Median0.46
Standard Deviation0.04
Sample Variance0
Range0.1463
R-Value0.26
Mean Square Error0
R-Squared0.07
Significance0.35
Slope0
Total Sum of Squares0.02

Skechers Gross Profit Margin History

2024 0.35
2023 0.5
2021 0.49
2018 0.48
2017 0.47
2016 0.46

About Skechers USA Financial Statements

Skechers USA investors use historical fundamental indicators, such as Skechers USA's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Skechers USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.50  0.35 

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Additional Tools for Skechers Stock Analysis

When running Skechers USA's price analysis, check to measure Skechers USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skechers USA is operating at the current time. Most of Skechers USA's value examination focuses on studying past and present price action to predict the probability of Skechers USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skechers USA's price. Additionally, you may evaluate how the addition of Skechers USA to your portfolios can decrease your overall portfolio volatility.