NYSE
SKX

Skechers USA Inc

Footwear & Accessories
Consumer Cyclical

Prices are adjusted according to historical splits.

Skechers USA Inc Stock Price

Vitals

Today's Low:
$48.82
Today's High:
$49.73
Open Price:
$48.94
52W Low:
$31.28
52W High:
$56.53
Prev. Close:
$49.03
Volume:
1306535

Company Statistics

Market Cap.:
$7.59 billion
Book Value:
24.809
Revenue TTM:
$7.77 billion
Operating Margin TTM:
8.48%
Gross Profit TTM:
$3.52 billion
Profit Margin:
6.11%
Return on Assets TTM:
5.98%
Return on Equity TTM:
14.13%

Company Profile

Skechers USA Inc had its IPO on 1999-06-09 under the ticker symbol SKX.

The company operates in the Consumer Cyclical sector and Footwear & Accessories industry. Skechers USA Inc has a staff strength of 7,800 employees.

Stock update

Shares of Skechers USA Inc opened at $48.94 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $48.82 - $49.73, and closed at $49.11.

This is a +0.16% increase from the previous day's closing price.

A total volume of 1,306,535 shares were traded at the close of the day’s session.

In the last one week, shares of Skechers USA Inc have slipped by -4.75%.

Skechers USA Inc's Key Ratios

Skechers USA Inc has a market cap of $7.59 billion, indicating a price to book ratio of 1.9009 and a price to sales ratio of 0.9.

In the last 12-months Skechers USA Inc’s revenue was $7.77 billion with a gross profit of $3.52 billion and an EBITDA of $826.40 million. The EBITDA ratio measures Skechers USA Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Skechers USA Inc’s operating margin was 8.48% while its return on assets stood at 5.98% with a return of equity of 14.13%.

In Q2, Skechers USA Inc’s quarterly earnings growth was a positive 69% while revenue growth was a positive 7.7%.

Skechers USA Inc’s PE and PEG Ratio

Forward PE
14.4928
Trailing PE
16.2351
PEG
1.19

Its diluted EPS in the last 12-months stands at $3.02 per share while it has a forward price to earnings multiple of 14.4928 and a PEG multiple of 1.19. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Skechers USA Inc’s profitability.

Skechers USA Inc stock is trading at a EV to sales ratio of 1.0526 and a EV to EBITDA ratio of 10.7794. Its price to sales ratio in the trailing 12-months stood at 0.9.

Skechers USA Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$7.11 billion
Total Liabilities
$1.48 billion
Operating Cash Flow
$-222370000.00
Capital Expenditure
$76.21 million
Dividend Payout Ratio
0%

Skechers USA Inc ended 2024 with $7.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.11 billion while shareholder equity stood at $3.84 billion.

Skechers USA Inc ended 2024 with $0 in deferred long-term liabilities, $1.48 billion in other current liabilities, 154000.00 in common stock, $3.56 billion in retained earnings and $101.48 million in goodwill. Its cash balance stood at $896.51 million and cash and short-term investments were $977.16 million. The company’s total short-term debt was $374,996,000 while long-term debt stood at $236.76 million.

Skechers USA Inc’s total current assets stands at $3.67 billion while long-term investments were $96.59 million and short-term investments were $80.65 million. Its net receivables were $1.01 billion compared to accounts payable of $802.23 million and inventory worth $1.49 billion.

In 2024, Skechers USA Inc's operating cash flow was $-222370000.00 while its capital expenditure stood at $76.21 million.

Comparatively, Skechers USA Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$49.11
52-Week High
$56.53
52-Week Low
$31.28
Analyst Target Price
$61.95

Skechers USA Inc stock is currently trading at $49.11 per share. It touched a 52-week high of $56.53 and a 52-week low of $56.53. Analysts tracking the stock have a 12-month average target price of $61.95.

Its 50-day moving average was $52.03 and 200-day moving average was $48.35 The short ratio stood at 1.89 indicating a short percent outstanding of 0%.

Around 106.4% of the company’s stock are held by insiders while 9448.8% are held by institutions.

Frequently Asked Questions About Skechers USA Inc

The stock symbol (also called stock or share ticker) of Skechers USA Inc is SKX

The IPO of Skechers USA Inc took place on 1999-06-09

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About

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through two segments, Wholesale and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Foamies, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the S-Lights, Skech-Air, Foamies, Twinkle Toes, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands, as well as Skechers Viper Court for pickleball. The company also provides men’s and women’s slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. The company sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

Address

228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266