Financial Snapshot

Revenue
$5.119B
TTM
Gross Margin
47.86%
TTM
Net Earnings
$359.3M
TTM
Current Assets
$2.516B
Q3 2024
Current Liabilities
$1.510B
Q3 2024
Current Ratio
166.63%
Q3 2024
Total Assets
$4.237B
Q3 2024
Total Liabilities
$2.443B
Q3 2024
Book Value
$1.795B
Q3 2024
Cash
$127.9M
Q3 2024
P/E
41.07
Nov 29, 2024 EST
Free Cash Flow
-$14.84M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $4.254B $3.717B $3.727B $2.753B
YoY Change 14.43% -0.26% 35.37%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $4.254B $3.717B $3.727B $2.753B
Cost Of Revenue $2.346B $2.307B $2.289B $1.500B
Gross Profit $1.908B $1.410B $1.438B $1.253B
Gross Profit Margin 44.85% 37.94% 38.59% 45.53%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $1.285B $857.3M $783.4M $612.5M
YoY Change 49.88% 9.43% 27.9%
% of Gross Profit 67.35% 60.79% 54.47% 48.87%
Research & Development $249.4M $209.0M $195.2M $154.8M
YoY Change 19.32% 7.07% 26.1%
% of Gross Profit 13.07% 14.82% 13.57% 12.35%
Depreciation & Amortization $103.8M $86.70M $78.20M $78.10M
YoY Change 19.75% 10.87% 0.13%
% of Gross Profit 5.44% 6.15% 5.44% 6.23%
Operating Expenses $1.534B $1.089B $999.9M $788.0M
YoY Change 40.92% 8.89% 26.89%
Operating Profit $373.6M $321.4M $438.3M $465.4M
YoY Change 16.23% -26.67% -5.82%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$44.91M -$27.00M -$16.30M -$40.30M
YoY Change 66.33% 65.64% -59.55%
% of Operating Profit -12.02% -8.4% -3.72% -8.66%
Other Income/Expense, Net -$35.43M $7.600M -$7.600M -$5.700M
YoY Change -566.14% -200.0% 33.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $293.2M $302.0M $414.3M $419.5M
YoY Change -2.9% -27.11% -1.24%
Income Tax $126.2M $69.60M $83.20M $92.30M
% Of Pretax Income 43.02% 23.05% 20.08% 22.0%
Net Earnings $167.1M $232.4M $331.1M $327.2M
YoY Change -28.11% -29.81% 1.19%
Net Earnings / Revenue 3.93% 6.25% 8.88% 11.88%
Basic Earnings Per Share $1.20 $1.67 $2.38
Diluted Earnings Per Share $1.20 $1.67 $2.38 $2.35

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $154.1M $192.9M $225.4M
YoY Change -20.13% -14.42%
Cash & Equivalents $154.1M $192.9M $225.4M
Short-Term Investments
Other Short-Term Assets $58.31M $134.9M $37.20M
YoY Change -56.77% 262.63%
Inventory $699.7M $548.6M $602.5M
Prepaid Expenses
Receivables $985.2M $766.5M $841.5M
Other Receivables $0.00 $72.90M $64.50M
Total Short-Term Assets $1.897B $1.716B $1.771B
YoY Change 10.58% -3.13%
Property, Plant & Equipment $229.6M $204.7M $182.4M
YoY Change 12.16% 12.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $48.18M $41.70M $51.90M
YoY Change 15.54% -19.65%
Total Long-Term Assets $1.590B $1.579B $1.585B
YoY Change 0.67% -0.38%
Total Assets $3.487B $3.295B $3.356B
YoY Change
Accounts Payable $459.7M $328.1M $442.6M
YoY Change 40.09% -25.87%
Accrued Expenses $620.3M $524.7M $476.5M
YoY Change 18.23% 10.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.16M $87.00M $49.40M
YoY Change -72.23% 76.11%
Total Short-Term Liabilities $1.125B $968.7M $993.5M
YoY Change 16.15% -2.5%
Long-Term Debt $775.5M $349.2M $436.0M
YoY Change 122.07% -19.91%
Other Long-Term Liabilities $91.06M $87.80M $83.70M
YoY Change 3.72% 4.9%
Total Long-Term Liabilities $866.5M $437.0M $519.7M
YoY Change 98.29% -15.91%
Total Liabilities $2.008B $1.467B $1.595B
YoY Change 36.93% -8.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 139.0M shares 139.0M shares 139.0M shares
Diluted Shares Outstanding 139.4M shares 139.0M shares 139.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $14.756 Billion

About SharkNinja, Inc.

SharkNinja, Inc. is a global product design and technology company, which offers solutions for consumers around the world. The company is headquartered in Needham, Massachusetts and currently employs 3,019 full-time employees. The company went IPO on 2023-07-31. The firm's product portfolio spans approximately 31 household sub-categories, across cleaning, cooking, food preparation, and others, which include home environment and beauty. The firm's brands include Shark and Ninja. The Shark brand offerings cover an expansive and diverse assortment of categories, including handheld and robotic vacuums, as well as other floorcare products including steam mops, wet/dry cleaning floor products and carpet extraction, beauty appliance and home environment products. Its cooking and beverage appliances include air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware. Its food preparation appliances include blenders, food processors, ice cream makers and juicers. Its beauty appliances offerings include hair dryers and stylers.

Industry: Household Appliances Peers: Cricut, Inc. Hamilton Beach Brands Holding Co IROBOT CORP Traeger, Inc. WORTHINGTON ENTERPRISES, INC. WHIRLPOOL CORP /DE/