Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Capital structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
Capital mix
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
Multi-year momentum
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Doing some research...
Commentary
Commentary on SKECHERS USA INC Balance Sheet
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jul 3, 2026. The filing-backed figures above are the current source of truth.
SKECHERS USA INC showed a clear expansion in its balance sheet over the five-year period. Total assets increased steadily from **$5.8 billion in 2020** to **$8.5 billion in 2024**, reflecting cumulative growth of roughly **46%**. This suggests continued business scaling, likely supported by stronger operating performance, inventory expansion, and higher working capital needs consistent with a growing global footwear and apparel retailer.
Liabilities also rose, but at a slower pace overall than assets, increasing from **$3.1 billion in 2020** to **$3.6 billion in 2024**. There was a modest dip in liabilities in 2021 versus 2020, followed by gradual increases thereafter. Meanwhile, stockholders’ equity climbed from **$2.7 billion** to **$4.3 billion**, with a particularly strong improvement in 2022–2024. This indicates that the company’s growth has been financed more through retained earnings and internal value creation than through leverage, which is a constructive sign for financial stability.
Notably, 2020 stands out because liabilities were relatively high versus assets and equity was the lowest in the period, likely reflecting pandemic-related disruption in the retail and consumer discretionary space. Since then, Skechers has rebuilt and strengthened its balance sheet, with equity growth outpacing liabilities and improving the company’s capital structure. Overall, the trend points to a healthier financial position and a stronger cushion to support continued expansion in a competitive footwear industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.
