Steven Madden (SHOO) FY2021 results: revenue $1.9 billion, up 55.3% on the year
Steven Madden, Ltd. (SHOO) reported revenue of $1.9 billion for fiscal 2021, the year ended 31 December 2021, up 55.3% on the year before. Net income was $192 million, and diluted earnings per share $2.34. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$1.9 billion
+55.3% on the year
FY2014FY2021
Operating margin
13.1%
-2.6% a year earlier
FY2014FY2021
Net income
$192 million
FY2014FY2021
Diluted EPS
$2.34
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
159
44.2
234
+260.7%
Capital expenditure
6.6
6.6
18.3
+0.7%
Free cash flow
153
37.6
215
+306.1%
Free cash flow margin
8.2%
3.1%
12.1%
Cash from investing
-3.2
-4.9
-27.7
Cash from financing
-185
-57.1
-142
Depreciation and amortisation
15.2
17.4
21.3
-12.4%
Share-based compensation
22.3
22.6
23.2
-1.6%
Buybacks
123
46.6
102
+164.4%
Dividends paid
49.2
12.5
48.4
+294.6%
Dividend per share
$0.60
$0.15
$0.57
+300.0%
Diluted shares, weighted
82m
79m
84m
+3.8%
Shares outstanding at period end
81m
83m
84m
-2.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
812
777
829
+4.6%
Non-controlling interest
8.4
13.8
12.7
-38.8%
Debt
0.0
0.0
0.0
Operating lease liabilities
80.1
98.6
133
-18.8%
Other liabilities
455
249
304
+82.9%
Total liabilities and equity
1,356
1,138
1,279
+19.1%
Fixed assets
35.8
43.3
65.5
-17.3%
Goodwill
168
168
171
-0.2%
Intangible assets
112
115
163
-2.7%
Investments
44.0
39.3
40.5
+12.0%
Cash and equivalents
219
248
264
-11.4%
Receivables
12.3
8.9
216
+37.2%
Inventory
255
101
137
+151.6%
Other assets
509
414
221
+23.0%
Total assets
1,356
1,138
1,279
+19.1%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.