Shoe Carnival (SCVL) Financials

$18.47 -0.31 (-1.65%)

As of 04/14/2025 04:00 PM Eastern

Annual Income Statements for Shoe Carnival

This table shows Shoe Carnival's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	110	73	74
Consolidated Net Income / (Loss)	110	73	74
Net Income / (Loss) Continuing Operations	110	73	74
Total Pre-Tax Income	147	96	97
Total Operating Income	146	94	91
Total Gross Profit	468	421	429
Total Revenue	1,262	1,176	1,203
Operating Revenue	1,262	1,176	1,203
Total Cost of Revenue	794	754	774
Operating Cost of Revenue	794	754	774
Total Operating Expenses	322	328	338
Selling, General & Admin Expense	322	328	338
Total Other Income / (Expense), net	0.68	2.64	6.33
Interest Expense	0.29	0.28	0.31
Interest & Investment Income	0.97	2.92	6.65
Income Tax Expense	37	23	24
Basic Earnings per Share	$4.00	$2.69	$2.72
Weighted Average Basic Shares Outstanding	27.54M	27.23M	27.16M
Diluted Earnings per Share	$3.96	$2.68	$2.68
Weighted Average Diluted Shares Outstanding	27.81M	27.41M	27.52M
Weighted Average Basic & Diluted Shares Outstanding	27.17M	27.13M	27.17M
Cash Dividends to Common per Share	$0.36	$0.44	$0.54

This table shows Shoe Carnival's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	33	22	17	19	22	16	17	23	19	15
Consolidated Net Income / (Loss)	33	22	17	19	22	16	17	23	19	15
Net Income / (Loss) Continuing Operations	33	22	17	19	22	16	17	23	19	15
Total Pre-Tax Income	44	29	21	25	29	21	23	31	26	18
Total Operating Income	44	29	21	25	28	20	23	30	25	14
Total Gross Profit	131	111	99	105	118	100	107	120	110	92
Total Revenue	342	291	281	295	320	280	300	333	307	263
Operating Revenue	342	291	281	295	320	280	300	333	307	263
Total Cost of Revenue	211	179	183	189	202	180	194	213	197	171
Operating Cost of Revenue	211	179	183	189	202	180	194	213	197	171
Total Operating Expenses	87	83	78	81	90	80	84	90	86	78
Selling, General & Admin Expense	87	83	78	81	90	80	84	90	86	78
Total Other Income / (Expense), net	0.33	0.34	0.41	0.36	0.76	1.10	0.67	0.54	1.01	4.12
Interest Expense	0.06	0.07	0.07	0.07	0.07	0.07	0.14	0.14	0.14	-0.10
Interest & Investment Income	0.40	0.41	0.48	0.43	0.83	1.17	0.80	0.67	1.15	4.03
Income Tax Expense	11	7.42	4.83	5.58	6.84	5.55	5.89	8.04	6.30	3.50
Basic Earnings per Share	$1.19	$0.78	$0.61	$0.71	$0.80	$0.57	$0.64	$0.83	$0.71	$0.54
Weighted Average Basic Shares Outstanding	27.45M	27.54M	27.22M	27.34M	27.26M	27.23M	27.14M	27.16M	27.16M	27.16M
Diluted Earnings per Share	$1.18	$0.78	$0.60	$0.71	$0.80	$0.57	$0.63	$0.82	$0.70	$0.53
Weighted Average Diluted Shares Outstanding	27.70M	27.81M	27.51M	27.41M	27.40M	27.41M	27.41M	27.50M	27.57M	27.52M
Weighted Average Basic & Diluted Shares Outstanding	27.17M	27.17M	27.34M	27.36B	27.13M	27.13M	27.16M	27.17M	27.17M	27.17M

This table details how cash moves in and out of Shoe Carnival's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-66	48	9.68
Net Cash From Operating Activities	50	123	103
Net Cash From Continuing Operating Activities	50	123	103
Net Income / (Loss) Continuing Operations	110	73	74
Consolidated Net Income / (Loss)	110	73	74
Depreciation Expense	23	29	31
Non-Cash Adjustments To Reconcile Net Income	54	1.61	7.40
Changes in Operating Assets and Liabilities, net	-136	19	-9.59
Net Cash From Investing Activities	-74	-55	-78
Net Cash From Continuing Investing Activities	-74	-55	-78
Purchase of Property, Plant & Equipment	-77	-56	-33
Acquisitions	0.39	0.00	-45
Purchase of Investments	-0.98	-0.40	-1.16
Sale and/or Maturity of Investments	3.85	2.05	1.41
Net Cash From Financing Activities	-42	-20	-15
Net Cash From Continuing Financing Activities	-42	-20	-15
Repayment of Debt	0.00	0.00	0.00
Repurchase of Common Equity	-33	-8.48	-0.74
Payment of Dividends	-9.97	-12	-15
Issuance of Debt	0.00	0.00	0.00
Issuance of Common Equity	0.19	0.18	0.17
Cash Interest Paid	0.30	0.28	0.28
Cash Income Taxes Paid	24	19	21

This table details how cash moves in and out of Shoe Carnival's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-14	14	-19	1.98	25	39	-42	15	5.60	31
Net Cash From Operating Activities	10	31	2.05	20	47	53	17	24	17	45
Net Cash From Continuing Operating Activities	10	31	2.05	20	47	53	17	24	17	45
Net Income / (Loss) Continuing Operations	33	22	17	19	22	16	17	23	19	15
Consolidated Net Income / (Loss)	33	22	17	19	22	16	17	23	19	15
Depreciation Expense	6.21	6.57	6.70	7.13	7.37	7.60	7.39	7.73	7.65	8.30
Non-Cash Adjustments To Reconcile Net Income	1.14	51	17	-13	0.82	-2.28	2.16	1.52	4.03	-0.31
Changes in Operating Assets and Liabilities, net	-30	-47	-38	7.22	17	33	-9.77	-8.14	-14	22
Net Cash From Investing Activities	-12	-15	-15	-16	-13	-11	-55	-5.36	-8.12	-9.41
Net Cash From Continuing Investing Activities	-12	-15	-15	-16	-13	-11	-55	-5.36	-8.12	-9.41
Purchase of Property, Plant & Equipment	-13	-14	-15	-16	-13	-13	-10	-5.53	-9.06	-8.38
Acquisitions	-	-	0.00	-	-	-	-45	0.19	-	-0.38
Purchase of Investments	-0.01	-0.96	-0.02	-0.02	-0.03	-0.33	-0.02	-0.02	-0.47	-0.66
Sale and/or Maturity of Investments	-	0.81	0.00	-	-	2.05	0.00	-	1.41	0.01
Net Cash From Financing Activities	-12	-2.48	-5.81	-2.68	-8.66	-3.33	-4.35	-3.61	-3.63	-3.69
Net Cash From Continuing Financing Activities	-12	-2.48	-5.81	-2.68	-8.66	-3.33	-4.35	-3.61	-3.63	-3.69
Repurchase of Common Equity	-10	-0.07	-2.93	-	-5.45	-0.11	-0.69	-	-	-0.06
Payment of Dividends	-2.46	-2.45	-2.94	-2.73	-3.25	-3.26	-3.71	-3.67	-3.67	-3.67
Issuance of Common Equity	0.05	0.04	0.06	0.05	0.04	0.04	0.04	0.05	0.04	0.04
Cash Interest Paid	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.20	-0.06	0.07
Cash Income Taxes Paid	6.25	3.73	0.21	13	0.83	5.67	-0.10	12	7.44	2.19

This table presents Shoe Carnival's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	990	1,042	1,124
Total Current Assets	470	481	536
Cash & Equivalents	51	99	109
Short-Term Investments	12	12	14
Accounts Receivable	3.05	2.59	9.02
Inventories, net	390	346	386
Other Current Assets	13	21	18
Plant, Property, & Equipment, net	141	169	173
Total Noncurrent Assets	379	392	415
Goodwill	12	12	18
Intangible Assets	33	33	41
Noncurrent Deferred & Refundable Income Taxes	0.00	0.00	0.00
Other Noncurrent Operating Assets	334	347	356
Total Liabilities & Shareholders' Equity	990	1,042	1,124
Total Liabilities	464	459	475
Total Current Liabilities	157	128	130
Accounts Payable	79	58	52
Accrued Expenses	20	17	25
Other Current Liabilities	58	53	53
Total Noncurrent Liabilities	307	331	345
Noncurrent Deferred & Payable Income Tax Liabilities	12	17	19
Noncurrent Employee Benefit Liabilities	9.84	12	10
Other Noncurrent Operating Liabilities	285	302	316
Total Equity & Noncontrolling Interests	526	583	649
Total Preferred & Common Equity	526	583	649
Total Common Equity	526	583	649
Common Stock	84	84	91
Retained Earnings	653	715	773
Treasury Stock	-212	-215	-215

This table presents Shoe Carnival's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	966	977	1,043	1,023	1,093	1,115	1,124
Total Current Assets	464	454	485	462	505	537	527
Cash & Equivalents	37	33	35	60	57	72	77
Short-Term Investments	10	12	12	11	13	13	14
Accounts Receivable	7.76	3.08	3.96	3.11	5.87	5.52	8.68
Inventories, net	392	390	409	368	412	425	407
Other Current Assets	17	17	25	19	18	22	21
Plant, Property, & Equipment, net	137	150	159	165	172	171	174
Total Noncurrent Assets	365	373	399	396	415	407	423
Goodwill	11	12	12	12	15	15	18
Intangible Assets	33	33	33	33	41	41	41
Noncurrent Deferred & Refundable Income Taxes	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Noncurrent Operating Assets	321	328	354	352	359	351	364
Total Liabilities & Shareholders' Equity	966	977	1,043	1,023	1,093	1,115	1,124
Total Liabilities	461	439	488	454	495	497	489
Total Current Liabilities	164	135	155	121	149	160	136
Accounts Payable	88	56	77	43	71	74	57
Accrued Expenses	23	21	20	21	22	30	20
Other Current Liabilities	52	58	57	57	56	56	58
Total Noncurrent Liabilities	297	304	333	332	346	337	353
Noncurrent Deferred & Payable Income Tax Liabilities	8.59	15	15	17	16	15	18
Noncurrent Employee Benefit Liabilities	10	9.81	11	9.77	12	13	13
Other Noncurrent Operating Liabilities	278	279	308	306	317	309	322
Total Equity & Noncontrolling Interests	506	538	556	570	598	618	636
Total Preferred & Common Equity	506	538	556	570	598	618	636
Total Common Equity	506	538	556	570	598	618	636
Common Stock	83	81	82	83	85	87	88
Retained Earnings	634	667	684	702	728	747	762
Treasury Stock	-212	-210	-210	-215	-215	-215	-215

This table displays calculated financial ratios and metrics derived from Shoe Carnival's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	-5.12%	-6.84%	2.30%
EBITDA Growth	-25.07%	-27.91%	-0.07%
EBIT Growth	-29.48%	-36.15%	-2.52%
NOPAT Growth	-29.42%	-34.89%	-3.31%
Net Income Growth	-28.93%	-33.36%	0.57%
EPS Growth	-26.94%	-32.32%	0.00%
Operating Cash Flow Growth	-65.90%	143.38%	-16.39%
Free Cash Flow Firm Growth	-184.95%	287.78%	-75.35%
Invested Capital Growth	44.50%	2.06%	11.38%
Revenue Q/Q Growth	-1.76%	-0.89%	-1.41%
EBITDA Q/Q Growth	1.37%	-5.92%	-4.10%
EBIT Q/Q Growth	0.54%	-8.53%	-6.11%
NOPAT Q/Q Growth	0.63%	-8.55%	-4.42%
Net Income Q/Q Growth	0.93%	-7.67%	-1.15%
EPS Q/Q Growth	-0.25%	-7.90%	-1.47%
Operating Cash Flow Q/Q Growth	8.79%	21.73%	-7.94%
Free Cash Flow Firm Q/Q Growth	69.49%	65.71%	-42.28%
Invested Capital Q/Q Growth	0.99%	-5.34%	-3.43%
Profitability Metrics	-	-	-
Gross Margin	37.09%	35.84%	35.65%
EBITDA Margin	13.44%	10.40%	10.16%
Operating Margin	11.60%	7.95%	7.58%
EBIT Margin	11.60%	7.95%	7.58%
Profit (Net Income) Margin	8.72%	6.24%	6.13%
Tax Burden Percent	74.81%	76.29%	75.67%
Interest Burden Percent	100.46%	102.82%	106.95%
Effective Tax Rate	25.19%	23.71%	24.33%
Return on Invested Capital (ROIC)	27.99%	15.26%	13.82%
ROIC Less NNEP Spread (ROIC-NNEP)	27.48%	12.96%	9.73%
Return on Net Nonoperating Assets (RNNOA)	-5.49%	-2.04%	-1.85%
Return on Equity (ROE)	22.51%	13.23%	11.97%
Cash Return on Invested Capital (CROIC)	-8.41%	13.22%	3.05%
Operating Return on Assets (OROA)	16.25%	9.20%	8.42%
Return on Assets (ROA)	12.22%	7.22%	6.81%
Return on Common Equity (ROCE)	22.51%	13.23%	11.97%
Return on Equity Simple (ROE_SIMPLE)	20.94%	12.57%	11.37%
Net Operating Profit after Tax (NOPAT)	110	71	69
NOPAT Margin	8.68%	6.07%	5.73%
Net Nonoperating Expense Percent (NNEP)	0.52%	2.31%	4.09%
Return On Investment Capital (ROIC_SIMPLE)	20.85%	12.23%	10.63%
Cost of Revenue to Revenue	62.91%	64.16%	64.35%
SG&A Expenses to Revenue	25.49%	27.88%	28.07%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.49%	27.88%	28.07%
Earnings before Interest and Taxes (EBIT)	146	94	91
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	170	122	122
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.38	1.20	1.13
Price to Tangible Book Value (P/TBV)	1.51	1.30	1.25
Price to Revenue (P/Rev)	0.57	0.60	0.61
Price to Earnings (P/E)	6.58	9.57	9.97
Dividend Yield	1.35%	1.70%	2.00%
Earnings Yield	15.19%	10.45%	10.03%
Enterprise Value to Invested Capital (EV/IC)	1.43	1.25	1.16
Enterprise Value to Revenue (EV/Rev)	0.52	0.50	0.51
Enterprise Value to EBITDA (EV/EBITDA)	3.90	4.83	5.01
Enterprise Value to EBIT (EV/EBIT)	4.52	6.32	6.72
Enterprise Value to NOPAT (EV/NOPAT)	6.04	8.28	8.88
Enterprise Value to Operating Cash Flow (EV/OCF)	13.12	4.81	5.97
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.56	40.20
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.20	-0.16	-0.19
Leverage Ratio	1.84	1.83	1.76
Compound Leverage Factor	1.85	1.88	1.88
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	4.00	3.71	3.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.99	3.76	4.11
Quick Ratio	0.42	0.89	1.01
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-33	62	15
Operating Cash Flow to CapEx	65.26%	218.11%	309.51%
Free Cash Flow to Firm to Interest Expense	-111.92	219.12	48.51
Operating Cash Flow to Interest Expense	171.56	435.31	326.87
Operating Cash Flow Less CapEx to Interest Expense	-91.34	235.73	221.26
Efficiency Ratios	-	-	-
Asset Turnover	1.40	1.16	1.11
Accounts Receivable Turnover	146.68	416.61	207.20
Inventory Turnover	2.35	2.05	2.11
Fixed Asset Turnover	10.98	7.59	7.05
Accounts Payable Turnover	10.73	11.00	14.04
Days Sales Outstanding (DSO)	2.49	0.88	1.76
Days Inventory Outstanding (DIO)	155.27	178.23	172.59
Days Payable Outstanding (DPO)	34.00	33.17	26.01
Cash Conversion Cycle (CCC)	123.76	145.94	148.34
Capital & Investment Metrics	-	-	-
Invested Capital	463	472	526
Invested Capital Turnover	3.23	2.52	2.41
Increase / (Decrease) in Invested Capital	142	9.55	54
Enterprise Value (EV)	661	591	612
Market Capitalization	724	702	735
Book Value per Share	$19.35	$21.50	$23.88
Tangible Book Value per Share	$17.70	$19.86	$21.71
Total Capital	526	583	649
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-63	-111	-123
Capital Expenditures (CapEx)	77	56	33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	249	242	283
Debt-free Net Working Capital (DFNWC)	312	353	406
Net Working Capital (NWC)	312	353	406
Net Nonoperating Expense (NNE)	-0.51	-2.01	-4.79
Net Nonoperating Obligations (NNO)	-63	-111	-123
Total Depreciation and Amortization (D&A)	23	29	31
Debt-free, Cash-free Net Working Capital to Revenue	19.76%	20.60%	23.49%
Debt-free Net Working Capital to Revenue	24.75%	30.06%	33.73%
Net Working Capital to Revenue	24.75%	30.06%	33.73%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$4.00	$2.69	$2.72
Adjusted Weighted Average Basic Shares Outstanding	27.54M	27.23M	27.16M
Adjusted Diluted Earnings per Share	$3.96	$2.68	$2.68
Adjusted Weighted Average Diluted Shares Outstanding	27.81M	27.41M	27.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.17M	27.13M	27.17M
Normalized Net Operating Profit after Tax (NOPAT)	110	71	69
Normalized NOPAT Margin	8.68%	6.07%	5.73%
Pre Tax Income Margin	11.66%	8.18%	8.10%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	498.11	331.58	290.29
NOPAT to Interest Expense	372.66	252.97	219.66
EBIT Less CapEx to Interest Expense	235.21	132.00	184.68
NOPAT Less CapEx to Interest Expense	109.75	53.39	114.05
Payout Ratios	-	-	-
Dividend Payout Ratio	9.06%	16.62%	19.94%
Augmented Payout Ratio	38.76%	28.18%	20.95%

This table displays calculated financial ratios and metrics derived from Shoe Carnival's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.12%	-7.21%	-11.45%	-5.65%	-6.37%	-3.65%	6.82%	12.93%	-4.07%	-6.15%
EBITDA Growth	-25.90%	6.94%	-31.02%	-28.61%	-29.08%	-21.82%	8.16%	18.95%	-8.87%	-18.97%
EBIT Growth	-30.19%	2.80%	-40.82%	-36.42%	-35.90%	-30.41%	7.49%	21.97%	-12.19%	-29.71%
NOPAT Growth	-30.93%	3.32%	-39.85%	-33.60%	-34.33%	-31.13%	3.59%	15.76%	-13.15%	-22.94%
Net Income Growth	-30.28%	4.95%	-38.56%	-32.75%	-33.05%	-28.18%	4.60%	16.11%	-11.98%	-5.51%
EPS Growth	-28.05%	6.85%	-36.84%	-31.73%	-32.20%	-26.92%	5.00%	15.49%	-12.50%	-7.02%
Operating Cash Flow Growth	-75.32%	14.87%	-88.41%	331.08%	368.62%	69.59%	731.34%	16.67%	-63.09%	-16.58%
Free Cash Flow Firm Growth	-397.04%	-26.40%	23.86%	58.74%	89.45%	104.26%	84.86%	95.46%	-40.38%	-921.29%
Invested Capital Growth	89.79%	44.50%	37.65%	20.84%	8.89%	2.06%	7.05%	4.97%	9.18%	11.38%
Revenue Q/Q Growth	9.41%	-14.89%	-3.30%	4.78%	8.59%	-12.42%	7.21%	10.76%	-7.76%	-14.32%
EBITDA Q/Q Growth	11.80%	-29.16%	-21.64%	15.02%	11.07%	-21.91%	8.42%	26.49%	-14.90%	-30.57%
EBIT Q/Q Growth	12.34%	-34.15%	-27.03%	17.78%	13.27%	-28.52%	12.71%	33.64%	-18.45%	-42.77%
NOPAT Q/Q Growth	12.31%	-34.09%	-24.12%	18.22%	11.07%	-30.87%	14.13%	32.11%	-16.67%	-38.67%
Net Income Q/Q Growth	12.95%	-33.82%	-23.53%	17.64%	12.45%	-29.01%	11.38%	30.59%	-14.76%	-23.79%
EPS Q/Q Growth	13.46%	-33.90%	-23.08%	18.33%	12.68%	-28.75%	10.53%	30.16%	-14.63%	-24.29%
Operating Cash Flow Q/Q Growth	214.16%	214.00%	-93.48%	889.28%	131.52%	13.63%	-68.06%	38.83%	-26.76%	156.83%
Free Cash Flow Firm Q/Q Growth	-10.90%	34.29%	1.92%	42.28%	71.65%	126.56%	-448.29%	82.69%	-776.52%	-55.39%
Invested Capital Q/Q Growth	8.80%	0.99%	6.69%	3.08%	-1.96%	-5.34%	11.90%	1.08%	1.97%	-3.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.30%	38.28%	35.04%	35.80%	36.79%	35.59%	35.56%	36.05%	35.97%	34.86%
EBITDA Margin	14.57%	12.13%	9.83%	10.79%	11.04%	9.84%	9.95%	11.36%	10.48%	8.50%
Operating Margin	12.75%	9.87%	7.45%	8.37%	8.73%	7.13%	7.49%	9.04%	7.99%	5.34%
EBIT Margin	12.75%	9.87%	7.45%	8.37%	8.73%	7.13%	7.49%	9.04%	7.99%	5.34%
Profit (Net Income) Margin	9.56%	7.43%	5.88%	6.60%	6.83%	5.54%	5.76%	6.78%	6.27%	5.58%
Tax Burden Percent	74.36%	74.44%	77.40%	77.69%	76.18%	73.67%	74.59%	73.73%	75.35%	80.75%
Interest Burden Percent	100.76%	101.17%	101.97%	101.47%	102.73%	105.50%	102.96%	101.78%	104.11%	129.37%
Effective Tax Rate	25.64%	25.56%	22.60%	22.31%	23.82%	26.33%	25.41%	26.27%	24.65%	19.25%
Return on Invested Capital (ROIC)	34.85%	23.69%	16.58%	16.90%	16.50%	13.21%	13.07%	15.77%	14.09%	10.39%
ROIC Less NNEP Spread (ROIC-NNEP)	34.64%	23.43%	16.13%	16.39%	15.52%	12.28%	12.20%	15.17%	13.15%	7.55%
Return on Net Nonoperating Assets (RNNOA)	-8.81%	-4.68%	-2.29%	-1.73%	-1.71%	-1.93%	-1.22%	-1.70%	-1.77%	-1.44%
Return on Equity (ROE)	26.03%	19.01%	14.29%	15.18%	14.78%	11.28%	11.85%	14.07%	12.32%	8.96%
Cash Return on Invested Capital (CROIC)	-30.84%	-8.41%	-8.49%	0.30%	7.79%	13.22%	7.27%	9.53%	5.06%	3.05%
Operating Return on Assets (OROA)	18.70%	13.82%	9.93%	10.33%	10.41%	8.25%	8.66%	10.33%	9.08%	5.93%
Return on Assets (ROA)	14.01%	10.41%	7.84%	8.15%	8.15%	6.41%	6.65%	7.75%	7.12%	6.19%
Return on Common Equity (ROCE)	26.03%	19.01%	14.29%	15.18%	14.78%	11.28%	11.85%	14.07%	12.32%	8.96%
Return on Equity Simple (ROE_SIMPLE)	21.57%	0.00%	18.54%	16.24%	13.94%	0.00%	12.40%	12.49%	11.74%	0.00%
Net Operating Profit after Tax (NOPAT)	32	21	16	19	21	15	17	22	18	11
NOPAT Margin	9.48%	7.35%	5.76%	6.50%	6.65%	5.25%	5.59%	6.67%	6.02%	4.31%
Net Nonoperating Expense Percent (NNEP)	0.21%	0.26%	0.45%	0.51%	0.98%	0.93%	0.88%	0.60%	0.94%	2.84%
Return On Investment Capital (ROIC_SIMPLE)	-	4.06%	-	-	-	2.52%	-	-	-	1.75%
Cost of Revenue to Revenue	61.70%	61.72%	64.96%	64.20%	63.21%	64.41%	64.44%	63.95%	64.03%	65.14%
SG&A Expenses to Revenue	25.54%	28.42%	27.59%	27.43%	28.06%	28.46%	28.06%	27.01%	27.98%	29.52%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.54%	28.42%	27.59%	27.43%	28.06%	28.46%	28.06%	27.01%	27.98%	29.52%
Earnings before Interest and Taxes (EBIT)	44	29	21	25	28	20	23	30	25	14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	50	35	28	32	35	28	30	38	32	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.26	1.38	1.15	1.28	1,083.72	1.20	1.56	1.68	1.46	1.13
Price to Tangible Book Value (P/TBV)	1.38	1.51	1.25	1.39	1,175.78	1.30	1.73	1.85	1.61	1.25
Price to Revenue (P/Rev)	0.50	0.57	0.50	0.59	520.54	0.60	0.78	0.84	0.76	0.61
Price to Earnings (P/E)	5.86	6.58	6.20	7.86	7,774.84	9.57	12.62	13.45	12.44	9.97
Dividend Yield	1.47%	1.35%	1.63%	1.46%	1.82%	1.70%	1.38%	1.33%	1.54%	2.00%
Earnings Yield	17.07%	15.19%	16.12%	12.72%	0.01%	10.45%	7.92%	7.44%	8.04%	10.03%
Enterprise Value to Invested Capital (EV/IC)	1.29	1.43	1.16	1.30	1,238.10	1.25	1.64	1.79	1.54	1.16
Enterprise Value to Revenue (EV/Rev)	0.46	0.52	0.47	0.55	520.48	0.50	0.72	0.77	0.69	0.51
Enterprise Value to EBITDA (EV/EBITDA)	3.53	3.90	3.65	4.59	4,750.51	4.83	6.95	7.31	6.57	5.01
Enterprise Value to EBIT (EV/EBIT)	4.06	4.52	4.35	5.62	6,040.76	6.32	9.11	9.49	8.62	6.72
Enterprise Value to NOPAT (EV/NOPAT)	5.43	6.04	5.81	7.43	7,916.38	8.28	12.04	12.73	11.60	8.88
Enterprise Value to Operating Cash Flow (EV/OCF)	12.75	13.12	16.51	10.37	6,123.96	4.81	6.28	6.76	7.51	5.97
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	467.34	16,561.64	9.56	23.30	19.21	31.71	40.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.25	-0.20	-0.14	-0.11	-0.11	-0.16	-0.10	-0.11	-0.13	-0.19
Leverage Ratio	1.87	1.84	1.85	1.88	1.85	1.83	1.82	1.84	1.78	1.76
Compound Leverage Factor	1.88	1.86	1.89	1.91	1.90	1.93	1.88	1.87	1.85	2.27
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	3.60	3.61	3.52	3.41	819.63	3.48	3.62	3.79	3.66	3.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.84	2.99	3.35	3.14	3.81	3.76	3.38	3.36	3.88	4.11
Quick Ratio	0.34	0.42	0.35	0.33	0.61	0.89	0.51	0.56	0.73	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-184	-121	-119	-69	-19	5.16	-18	-3.11	-27	-42
Operating Cash Flow to CapEx	74.57%	230.79%	13.68%	129.93%	362.30%	421.18%	167.38%	428.26%	191.54%	531.43%
Free Cash Flow to Firm to Interest Expense	-2,879.85	-1,730.10	-1,799.71	-965.65	-273.81	69.78	-132.23	-22.73	-196.33	0.00
Operating Cash Flow to Interest Expense	156.70	449.87	31.09	285.92	661.94	721.70	125.43	172.87	124.79	0.00
Operating Cash Flow Less CapEx to Interest Expense	-53.45	254.94	-196.26	65.86	479.24	550.35	50.49	132.50	59.64	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.47	1.40	1.33	1.23	1.19	1.16	1.16	1.14	1.14	1.11
Accounts Receivable Turnover	144.53	146.68	139.89	165.08	218.37	416.61	266.99	260.16	207.10	207.20
Inventory Turnover	2.41	2.35	2.10	1.92	1.98	2.05	1.91	1.89	2.02	2.11
Fixed Asset Turnover	12.32	10.98	9.41	8.51	7.87	7.59	7.41	7.48	7.20	7.05
Accounts Payable Turnover	10.54	10.73	8.94	7.97	11.48	11.00	12.05	10.43	15.63	14.04
Days Sales Outstanding (DSO)	2.53	2.49	2.61	2.21	1.67	0.88	1.37	1.40	1.76	1.76
Days Inventory Outstanding (DIO)	151.71	155.27	173.63	190.35	184.23	178.23	191.02	193.10	180.56	172.59
Days Payable Outstanding (DPO)	34.63	34.00	40.82	45.80	31.80	33.17	30.30	35.01	23.35	26.01
Cash Conversion Cycle (CCC)	119.60	123.76	135.41	146.76	154.11	145.94	162.09	159.49	158.97	148.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	458	463	494	509	499	472	528	534	545	526
Invested Capital Turnover	3.67	3.23	2.88	2.60	2.48	2.52	2.34	2.37	2.34	2.41
Increase / (Decrease) in Invested Capital	217	142	135	88	41	9.55	35	25	46	54
Enterprise Value (EV)	591	661	574	662	617,547	591	866	954	837	612
Market Capitalization	639	724	618	709	617,618	702	935	1,039	928	735
Book Value per Share	$18.31	$19.35	$19.79	$20.32	$0.02	$21.50	$22.03	$22.77	$23.39	$23.88
Tangible Book Value per Share	$16.71	$17.70	$18.15	$18.69	$0.02	$19.86	$19.96	$20.70	$21.22	$21.71
Total Capital	506	526	538	556	570	583	598	618	636	649
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-48	-63	-44	-47	-71	-111	-69	-84	-91	-123
Capital Expenditures (CapEx)	13	14	15	16	13	13	10	5.53	9.06	8.38
Debt-free, Cash-free Net Working Capital (DFCFNWC)	253	249	274	284	269	242	286	293	300	283
Debt-free Net Working Capital (DFNWC)	301	312	318	331	341	353	356	377	391	406
Net Working Capital (NWC)	301	312	318	331	341	353	356	377	391	406
Net Nonoperating Expense (NNE)	-0.25	-0.25	-0.32	-0.28	-0.58	-0.81	-0.50	-0.39	-0.76	-3.33
Net Nonoperating Obligations (NNO)	-48	-63	-44	-47	-71	-111	-69	-84	-91	-123
Total Depreciation and Amortization (D&A)	6.21	6.57	6.70	7.13	7.37	7.60	7.39	7.73	7.65	8.30
Debt-free, Cash-free Net Working Capital to Revenue	19.70%	19.76%	22.37%	23.49%	22.71%	20.60%	23.96%	23.73%	24.60%	23.49%
Debt-free Net Working Capital to Revenue	23.40%	24.75%	25.97%	27.36%	28.71%	30.06%	29.77%	30.58%	32.07%	33.73%
Net Working Capital to Revenue	23.40%	24.75%	25.97%	27.36%	28.71%	30.06%	29.77%	30.58%	32.07%	33.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.19	$0.78	$0.61	$0.71	$0.80	$0.57	$0.64	$0.83	$0.71	$0.54
Adjusted Weighted Average Basic Shares Outstanding	27.45M	27.54M	27.22M	27.34M	27.26M	27.23M	27.14M	27.16M	27.16M	27.16M
Adjusted Diluted Earnings per Share	$1.18	$0.78	$0.60	$0.71	$0.80	$0.57	$0.63	$0.82	$0.70	$0.53
Adjusted Weighted Average Diluted Shares Outstanding	27.70M	27.81M	27.51M	27.41M	27.40M	27.41M	27.41M	27.50M	27.57M	27.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.78	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.17M	27.17M	27.34M	27.36B	27.13M	27.13M	27.16M	27.17M	27.17M	27.17M
Normalized Net Operating Profit after Tax (NOPAT)	32	21	16	19	21	15	17	22	18	11
Normalized NOPAT Margin	9.48%	7.35%	5.76%	6.50%	6.65%	5.25%	5.59%	6.67%	6.02%	4.31%
Pre Tax Income Margin	12.85%	9.98%	7.59%	8.49%	8.97%	7.52%	7.72%	9.20%	8.32%	6.91%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	680.89	409.91	317.26	347.35	393.45	269.85	165.49	219.55	176.47	0.00
NOPAT to Interest Expense	506.34	305.13	245.56	269.86	299.73	198.79	123.44	161.89	132.96	0.00
EBIT Less CapEx to Interest Expense	470.73	214.99	89.91	127.30	210.75	98.50	90.55	179.19	111.32	0.00
NOPAT Less CapEx to Interest Expense	296.19	110.20	18.21	49.80	117.02	27.44	48.50	121.52	67.81	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	8.71%	9.06%	10.37%	11.73%	14.32%	16.62%	17.48%	17.98%	19.16%	19.94%
Augmented Payout Ratio	38.62%	38.76%	23.46%	26.15%	24.95%	28.18%	25.90%	26.06%	20.23%	20.95%

Frequently Asked Questions About Shoe Carnival's Financials

When does Shoe Carnival's fiscal year end?

According to the most recent income statement we have on file, Shoe Carnival's financial year ends in February. Their financial year 2025 ended on February 1, 2025.

How has Shoe Carnival's net income changed over the last 2 years?

Shoe Carnival's net income appears to be on a downward trend, with a most recent value of $73.77 million in 2024, falling from $110.07 million in 2022. The previous period was $73.35 million in 2023.

What is Shoe Carnival's operating income?

Shoe Carnival's total operating income in 2024 was $91.15 million, based on the following breakdown:

Total Gross Profit: $428.79 million
Total Operating Expenses: $337.64 million

How has Shoe Carnival revenue changed over the last 2 years?

Over the last 2 years, Shoe Carnival's total revenue changed from $1.26 billion in 2022 to $1.20 billion in 2024, a change of -4.7%.

How much debt does Shoe Carnival have?

Shoe Carnival's total liabilities were at $475.14 million at the end of 2024, a 3.6% increase from 2023, and a 2.4% increase since 2022.

How much cash does Shoe Carnival have?

In the past 2 years, Shoe Carnival's cash and equivalents has ranged from $51.37 million in 2022 to $108.68 million in 2024, and is currently $108.68 million as of their latest financial filing in 2024.

How has Shoe Carnival's book value per share changed over the last 2 years?

Over the last 2 years, Shoe Carnival's book value per share changed from 19.35 in 2022 to 23.88 in 2024, a change of 23.4%.

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This page (NASDAQ:SCVL) was last updated on 4/15/2025 by MarketBeat.com Staff

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Shoe Carnival (SCVL) Financials

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Shoe Carnival (SCVL) Financials

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