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SCVL (Shoe Carnival) Operating Income : $81 Mil (TTM As of Apr. 2025)


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What is Shoe Carnival Operating Income?

Shoe Carnival's Operating Income for the three months ended in Apr. 2025 was $12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2025 was $81 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shoe Carnival's Operating Income for the three months ended in Apr. 2025 was $12 Mil. Shoe Carnival's Revenue for the three months ended in Apr. 2025 was $278 Mil. Therefore, Shoe Carnival's Operating Margin % for the quarter that ended in Apr. 2025 was 4.31%.

Good Sign:

Shoe Carnival Inc operating margin is expanding. Margin expansion is usually a good sign.

Shoe Carnival's 5-Year average Growth Rate for Operating Margin % was 16.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shoe Carnival's annualized ROC % for the quarter that ended in Apr. 2025 was 3.62%. Shoe Carnival's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2025 was 6.02%.


Shoe Carnival Operating Income Historical Data

The historical data trend for Shoe Carnival's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shoe Carnival Operating Income Chart

Shoe Carnival Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.87 207.65 146.44 93.51 91.15

Shoe Carnival Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.51 30.08 24.53 14.04 11.97

Shoe Carnival Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $81 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shoe Carnival  (NAS:SCVL) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Shoe Carnival's annualized ROC % for the quarter that ended in Apr. 2025 is calculated as:

ROC % (Q: Apr. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2025 ) + Invested Capital (Q: Apr. 2025 ))/ count )
=47.86 * ( 1 - 28.08% )/( (944.23 + 955.914)/ 2 )
=34.420912/950.072
=3.62 %

where

Invested Capital(Q: Jan. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1124.133 - 56.791 - ( 123.112 - max(0, 130.425 - 536.144+123.112))
=944.23

Invested Capital(Q: Apr. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1140.158 - 91.291 - ( 92.953 - max(0, 149.646 - 548.631+92.953))
=955.914

Note: The Operating Income data used here is four times the quarterly (Apr. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Shoe Carnival's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2025  Q: Apr. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=52.272/( ( (516.353 + max(335.62, 0)) + (520.239 + max(364.387, 0)) )/ 2 )
=52.272/( ( 851.973 + 884.626 )/ 2 )
=52.272/868.2995
=6.02 %

where Working Capital is:

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.018 + 385.605 + 18.409) - (56.791 + 4.259 + 16.362)
=335.62

Working Capital(Q: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.745 + 428.424 + 18.509) - (91.291 + 0 + 0)
=364.387

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Shoe Carnival's Operating Margin % for the quarter that ended in Apr. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2025 )/Revenue (Q: Apr. 2025 )
=11.965/277.715
=4.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Shoe Carnival Operating Income Related Terms

Thank you for viewing the detailed overview of Shoe Carnival's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Shoe Carnival Business Description

Traded in Other Exchanges
N/A
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual, and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. The company operates its business as one reportable segment based on the similar nature of products sold; merchandising, distribution, and marketing processes involved; target customers; and economic characteristics of stores and e-commerce platforms. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channels.
Executives
Delores B Weaver 10 percent owner TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Wayne J Weaver director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Andrea R. Guthrie director 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Carl N. Scibetta officer: EVP - GENERAL MERCHANDISE MGR 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Erik D Gast officer: EVP - Chief Financial Officer 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Charles B. Tomm director 201 N. FRANKLIN STREET, SUITE 2800, TAMPA FL 33602
Kent A Kleeberger director
W Kerry Jackson officer: EXECUTIVE VICE PRESIDENT - CFO
Timothy T Baker officer: EXECUTIVE VICE PRESIDENT -
Marc A. Chilton officer: EVP-Chief Operations Officer 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
Patrick C. Edwards officer: VP, CAO (PAO) 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
James A Aschleman director 300 N MERIDIAN ST STE 2700, INDIANAPOLIS IN 46204
Clifton E Sifford officer: EXECUTIVE VICE PRESIDENT -
Jeffrey C Gerstel director 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430