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Steven Madden (Steven Madden) Gross Margin % : 41.34% (As of Dec. 2023)


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What is Steven Madden Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Steven Madden's Gross Profit for the three months ended in Dec. 2023 was $215 Mil. Steven Madden's Revenue for the three months ended in Dec. 2023 was $520 Mil. Therefore, Steven Madden's Gross Margin % for the quarter that ended in Dec. 2023 was 41.34%.


The historical rank and industry rank for Steven Madden's Gross Margin % or its related term are showing as below:

SHOO' s Gross Margin % Range Over the Past 10 Years
Min: 35.13   Med: 38.3   Max: 42.01
Current: 42.01


During the past 13 years, the highest Gross Margin % of Steven Madden was 42.01%. The lowest was 35.13%. And the median was 38.30%.

SHOO's Gross Margin % is ranked better than
72.48% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.275 vs SHOO: 42.01

Steven Madden had a gross margin of 41.34% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Steven Madden was 2.20% per year.


Steven Madden Gross Margin % Historical Data

The historical data trend for Steven Madden's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steven Madden Gross Margin % Chart

Steven Madden Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.39 38.65 41.13 41.18 42.01

Steven Madden Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.22 42.06 42.64 42.09 41.34

Competitive Comparison of Steven Madden's Gross Margin %

For the Footwear & Accessories subindustry, Steven Madden's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steven Madden's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Steven Madden's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Steven Madden's Gross Margin % falls into.



Steven Madden Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Steven Madden's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=832.4 / 1981.582
=(Revenue - Cost of Goods Sold) / Revenue
=(1981.582 - 1149.168) / 1981.582
=42.01 %

Steven Madden's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=214.8 / 519.714
=(Revenue - Cost of Goods Sold) / Revenue
=(519.714 - 304.887) / 519.714
=41.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Steven Madden  (NAS:SHOO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Steven Madden had a gross margin of 41.34% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Steven Madden Gross Margin % Related Terms

Thank you for viewing the detailed overview of Steven Madden's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Steven Madden (Steven Madden) Business Description

Traded in Other Exchanges
N/A
Address
52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue.
Executives
Karla Frieders officer: Chief Merchandising Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Migliorini director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Robert Garrett Smith director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Allan Davis director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arian Simone Reed director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Amelia Varela officer: EVP of Wholesale Sales C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Awadhesh K Sinha officer: Chief Operating Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Zine Mazouzi officer: Chief Financial Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Maria Teresa Kumar director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Thomas H Schwartz director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Lisa Keith officer: VP and General Counsel 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arvind Dharia director, officer: Chief Financial Officer C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104