SharkNinja (NYSE:SN) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.53b (up 30% from FY 2023).
• Net income: US$438.7m (up 163% from FY 2023).
• Profit margin: 7.9% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$3.14 (up from US$1.20 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SharkNinja Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 4.7%.

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the US.

The company's shares are down 8.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of SharkNinja's balance sheet and an in-depth analysis of the company's financial position.

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