Skechers Historical Income Statement

SKX Stock  USD 59.77  0.84  1.39%   
Historical analysis of Skechers USA income statement accounts such as Operating Income of 824 M, Ebit of 824 M, EBITDA of 1 B or Cost Of Revenue of 4.2 B can show how well Skechers USA performed in making a profits. Evaluating Skechers USA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Skechers USA's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Skechers USA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skechers USA is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

About Skechers Income Statement Analysis

Skechers USA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Skechers USA shareholders. The income statement also shows Skechers investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Skechers USA Income Statement Chart

At this time, Skechers USA's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 573.1 M in 2024, despite the fact that Minority Interest is likely to grow to (91.4 M).

Total Revenue

Total revenue comprises all receipts Skechers USA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Skechers USA minus its cost of goods sold. It is profit before Skechers USA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Skechers USA. It is also known as Skechers USA overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Skechers USA income statement and represents the costs associated with goods and services Skechers USA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Skechers USA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Skechers USA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.At this time, Skechers USA's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 573.1 M in 2024, despite the fact that Minority Interest is likely to grow to (91.4 M).
 2021 2022 2023 2024 (projected)
Total Revenue6.3B7.4B8.0B8.4B
Depreciation And Amortization139.6M153.7M181.9M191.0M

Skechers USA income statement Correlations

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-0.34-0.31-0.31-0.33-0.09-0.26-0.28-0.3-0.36-0.140.48-0.260.19-0.5-0.36-0.37-0.340.73-0.22-0.030.30.22-0.35-0.52-0.04
0.90.870.880.890.60.770.810.870.910.710.070.740.090.630.910.850.87-0.640.730.33-0.46-0.110.73-0.520.83
0.840.80.80.810.540.670.710.790.810.670.30.70.040.410.830.740.75-0.240.710.37-0.24-0.20.55-0.040.83
Click cells to compare fundamentals

Skechers USA Account Relationship Matchups

Skechers USA income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization111.5M142.8M139.6M153.7M181.9M191.0M
Total Revenue5.2B4.6B6.3B7.4B8.0B8.4B
Gross Profit2.5B2.2B3.1B3.5B4.0B4.2B
Other Operating Expenses4.7B4.5B5.7B6.9B7.2B7.6B
Operating Income412.0M28.2M458.6M393.0M784.8M824.0M
Ebit412.0M133.7M598.2M546.7M784.8M824.0M
Ebitda523.5M276.5M737.8M700.4M966.7M1.0B
Cost Of Revenue2.7B2.4B3.2B3.9B4.0B4.2B
Total Operating Expenses2.0B2.1B2.5B3.0B3.4B3.5B
Income Before Tax516.0M154.7M569.8M522.3M800.9M840.9M
Total Other Income Expense Net104.0M21.0M(28.4M)(24.4M)16.1M16.9M
Net Income346.6M146.2M741.5M373.0M545.8M573.1M
Income Tax Expense88.8M8.5M(245.9M)93.1M150.9M158.5M
Interest Expense7.5M16.3M14.9M73.2M22.4M23.5M
Selling General Administrative1.6B1.8B2.1B2.4B2.7B2.8B
Research Development16.8M17.9M24.6M28.1M27.9M29.3M
Net Income Applicable To Common Shares346.6M98.6M741.5M373.0M429.0M450.4M
Selling And Marketing Expenses369.9M318.1M459.6M583.6M676.9M710.7M
Minority Interest80.7M47.7M(74.1M)(56.1M)(96.2M)(91.4M)
Net Income From Continuing Ops427.3M146.2M815.6M429.2M649.9M682.4M
Non Operating Income Net Other(34K)5.1M37.4M(28.4M)(25.6M)(24.3M)
Tax Provision88.8M8.5M(245.9M)93.1M150.9M158.5M
Interest Income11.8M5.9M14.9M19.7M22.7M23.8M
Net Interest Income(4.3M)4.3M4.3M(10.4M)(9.4M)(8.9M)
Reconciled Depreciation111.5M142.8M139.6M153.7M174.6M142.0M

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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.