Steven Madden (SHOO) FY2022 results: revenue $2.1 billion, up 13.7% on the year
Steven Madden, Ltd. (SHOO) reported revenue of $2.1 billion for fiscal 2022, the year ended 31 December 2022, up 13.7% on the year before. Net income was $217 million, up 12.9%, and diluted earnings per share $2.77. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$2.1 billion
+13.7% on the year
FY2015FY2022
Operating margin
13.3%
13.1% a year earlier
FY2015FY2022
Net income
$217 million
+12.9% on the year
FY2015FY2022
Diluted EPS
$2.77
+18.4% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
268
159
44.2
+68.0%
Capital expenditure
16.4
6.6
6.6
+147.4%
Free cash flow
252
153
37.6
+64.6%
Free cash flow margin
11.9%
8.2%
3.1%
Cash from investing
5.5
-3.2
-4.9
Cash from financing
-216
-185
-57.1
Depreciation and amortisation
20.6
15.2
17.4
+35.3%
Share-based compensation
24.4
22.3
22.6
+9.5%
Buybacks
149
123
46.6
+20.9%
Dividends paid
66.0
49.2
12.5
+34.3%
Dividend per share
$0.84
$0.60
$0.15
+40.0%
Diluted shares, weighted
78m
82m
79m
-4.4%
Shares outstanding at period end
77m
81m
83m
-4.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
832
812
777
+2.4%
Non-controlling interest
12.3
8.4
13.8
+45.9%
Debt
0.0
0.0
0.0
Operating lease liabilities
79.1
80.1
98.6
-1.2%
Other liabilities
335
455
249
-26.4%
Total liabilities and equity
1,258
1,356
1,138
-7.2%
Fixed assets
40.7
35.8
43.3
+13.6%
Goodwill
168
168
168
+0.1%
Intangible assets
101
112
115
-9.7%
Investments
15.1
44.0
39.3
-65.7%
Cash and equivalents
275
219
248
+25.2%
Receivables
7.7
12.3
8.9
-37.1%
Inventory
229
255
101
-10.4%
Other assets
422
509
414
-17.1%
Total assets
1,258
1,356
1,138
-7.2%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.