STEVEN MADDEN, LTD.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.28B | $1.98B | $2.12B | $1.87B | $1.20B | $1.79B | $1.68B |
| Cost of Revenue | $1.48B | $1.35B | $1.15B | $1.25B | $1.10B | $737.3M | $1.10B | $1.04B |
| Gross Profit | $1.05B | $936.9M | $832.4M | $873.8M | $767.5M | $464.5M | $686.0M | $640.2M |
| Gross Margin | 41.4% | 41.0% | 42.0% | 41.2% | 41.1% | 38.7% | 38.4% | 38.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $80.8M | $224.9M | $213.2M | $281.6M | $243.6M | $-31.6M | $176.8M | $173.4M |
| Operating Margin | 3.2% | 9.9% | 10.8% | 13.3% | 13.1% | -2.6% | 9.9% | 10.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $77.7M | $230.5M | $220.6M | $282.3M | $242.1M | $-30.0M | $181.2M | $177.3M |
| Income Tax Expense | $28.7M | $54.6M | $46.6M | $65.1M | $49.6M | $-11.7M | $39.5M | $46.8M |
| Net Income | $49.0M | $175.9M | $174.0M | $217.2M | $192.5M | $-18.4M | $141.3M | $129.1M |
| Net Margin | 1.9% | 7.7% | 8.8% | 10.2% | 10.3% | -1.5% | 7.9% | 7.7% |
| EPS (Basic) | $0.63 | $2.38 | $2.34 | $2.84 | $2.43 | $-0.23 | $1.78 | $1.58 |
| EPS (Diluted) | $0.63 | $2.35 | $2.30 | $2.77 | $2.34 | $-0.23 | $1.69 | $1.50 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 71.2M | 72.0M | 74.6M | 78.1M | 81.6M | 78.6M | 83.6M | 86.1M |
| Dividends Per Share | $0.84 | $0.84 | $0.84 | $0.84 | $0.60 | $0.15 | $0.57 | $0.53 |