Skechers Usa Stock Net Income
| SKX Stock | USD 56.52 0.87 1.52% |
Skechers USA fundamentals help investors to digest information that contributes to Skechers USA's financial success or failures. It also enables traders to predict the movement of Skechers Stock. The fundamental analysis module provides a way to measure Skechers USA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skechers USA stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 545.8 M | 573.1 M | |
| Net Income Applicable To Common Shares | 429 M | 450.4 M | |
| Net Income From Continuing Ops | 649.9 M | 682.4 M | |
| Net Income Per Share | 3.53 | 3.71 | |
| Net Income Per E B T | 0.68 | 0.58 |
Skechers | Net Income |
Skechers USA Company Net Income Analysis
Skechers USA's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Skechers USA Net Income | 545.8 M |
Most of Skechers USA's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skechers USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Skechers Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Skechers USA is extremely important. It helps to project a fair market value of Skechers Stock properly, considering its historical fundamentals such as Net Income. Since Skechers USA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skechers USA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skechers USA's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Skechers Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Skechers USA reported net income of 545.8 M. This is 6.88% higher than that of the Textiles, Apparel & Luxury Goods sector and 48.13% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 4.41% higher than that of the company.
Skechers Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skechers USA's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skechers USA could also be used in its relative valuation, which is a method of valuing Skechers USA by comparing valuation metrics of similar companies.Skechers USA is currently under evaluation in net income category among related companies.
Skechers USA Institutional Holders
Institutional Holdings refers to the ownership stake in Skechers USA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Skechers USA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Skechers USA's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 2.1 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 1.9 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.8 M | Bank Of America Corp | 2023-12-31 | 1.8 M | Goldman Sachs Group Inc | 2023-12-31 | 1.6 M | Point72 Asset Management, L.p. | 2023-09-30 | 1.5 M | Pacer Advisors, Inc. | 2023-12-31 | 1.5 M | Aqr Capital Management Llc | 2023-12-31 | 1.3 M | Squarepoint Ops Llc | 2023-12-31 | 1.3 M | Fmr Inc | 2023-12-31 | 20 M | Blackrock Inc | 2023-12-31 | 14.5 M |
Skechers Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0681 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 9.46 B | ||||
| Shares Outstanding | 135.96 M | ||||
| Shares Owned By Insiders | 0.85 % | ||||
| Shares Owned By Institutions | 91.00 % | ||||
| Number Of Shares Shorted | 2.5 M | ||||
| Price To Earning | 42.36 X | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 8 B | ||||
| Gross Profit | 3.52 B | ||||
| EBITDA | 966.71 M | ||||
| Net Income | 545.8 M | ||||
| Cash And Equivalents | 615.73 M | ||||
| Cash Per Share | 3.93 X | ||||
| Total Debt | 1.98 B | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 2.27 X | ||||
| Book Value Per Share | 26.27 X | ||||
| Cash Flow From Operations | 1.23 B | ||||
| Short Ratio | 1.79 X | ||||
| Earnings Per Share | 3.49 X | ||||
| Price To Earnings To Growth | 1.19 X | ||||
| Target Price | 71.0 | ||||
| Number Of Employees | 9.2 K | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 8.82 B | ||||
| Total Asset | 7.55 B | ||||
| Retained Earnings | 3.8 B | ||||
| Working Capital | 2.29 B | ||||
| Current Asset | 1.55 B | ||||
| Current Liabilities | 577.01 M | ||||
| Net Asset | 7.55 B |
About Skechers USA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Skechers USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skechers USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skechers USA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink | |
| XLM | Stellar | |
| CRO | Cronos |
Check out Skechers USA Piotroski F Score and Skechers USA Altman Z Score analysis. For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary 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.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Skechers USA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skechers USA. If investors know Skechers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skechers USA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.163 | Earnings Share 3.49 | Revenue Per Share 51.771 | Quarterly Revenue Growth 0.044 | Return On Assets 0.0681 |
The market value of Skechers USA is measured differently than its book value, which is the value of Skechers that is recorded on the company's balance sheet. Investors also form their own opinion of Skechers USA's value that differs from its market value or its book value, called intrinsic value, which is Skechers USA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skechers USA's market value can be influenced by many factors that don't directly affect Skechers USA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skechers USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skechers USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skechers USA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.