Deckers Outdoor Corporation (DECK) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.87	$0.94	+8.0%	—	$1B	—
Q4 26	$0.83	$0.96	+15.7%	—	$1.1B	—
Q3 26	$2.76	$3.33	+20.7%	—	$2B	—
Q1 26	$0.68	$0.93	+36.8%	—	$964.5M	—
Q4 25	$0.61	$1	+63.9%	—	$1B	—
Q3 25	$2.61	$3	+14.9%	—	$1.8B	—
Q2 25	$1.24	$1.59	+28.2%	—	$1.3B	—
Q1 25	$0.58	$0.75	+29.3%	—	$825.3M	—
Q4 24	$0.5	$0.83	+66.0%	—	$959.8M	—
Q3 24	$1.94	$2.52	+29.9%	—	$1.6B	—
Q2 24	$4.43	$6.82	+54.0%	—	$1.1B	—
Q1 24	$2.22	$2.41	+8.6%	—	$675.8M	—
Q4 23	$2.67	$3.46	+29.6%	—	$791.6M	—
Q3 23	$9.61	$10.5	+9.1%	—	$1.3B	—
Q2 23	$3.68	$3.8	+3.3%	—	$875.6M	—
Q1 23	$1.19	$1.66	+39.5%	—	$614.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$7.04	—	—	$5.5B	—
FY25	—	$6.36	—	—	$5B	—
FY24	—	$4.89	—	—	$4.3B	—
FY23	—	$3.25	—	—	$3.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$1.8B	$1.9B	$2B	$2.1B	$2.5B	$3.2B	$3.6B	$4.3B	$5B	$5.5B
YoY change	-4.54%	+6.32%	+6.15%	+5.56%	+19.4%	+23.8%	+15.1%	+18.2%	+16.3%	+9.76%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1.8B	1.9B	2B	2.1B	2.5B	3.2B	3.6B	4.3B	5B	5.5B
Cost of revenue	954.9M	971.7M	980.2M	1B	1.2B	1.5B	1.8B	1.9B	2.1B	2.3B
Gross profit	835.2M	931.6M	1B	1.1B	1.4B	1.6B	1.8B	2.4B	2.9B	3.2B
Gross margin	46.7%	48.9%	51.5%	51.8%	54%	51%	50.3%	55.6%	57.9%	57.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	837.2M	709.1M	712.9M	765.5M	869.9M	1B	1.2B	1.5B	1.7B	1.9B
Operating expenses	837.2M	709.1M	712.9M	765.5M	869.9M	1B	1.2B	1.5B	1.7B	1.9B
Operating income	-1.9M	222.6M	327.3M	338.1M	504.2M	564.7M	652.8M	927.5M	1.2B	1.3B
Operating margin	-0.11%	11.7%	16.2%	15.9%	19.8%	17.9%	18%	21.6%	23.6%	23.1%
Non-operating income, net	1.5M	-360K	247K	516K	700K	113K	1.2M	1.8M	-665K	2.4M
Pretax income	-7M	220.7M	328.9M	340.9M	501.5M	564.6M	666.1M	978.9M	1.2B	1.3B
Income tax	-12.7M	106.3M	64.6M	64.7M	118.9M	112.7M	149.3M	219.4M	277.2M	302.3M
Net income	5.7M	114.4M	264.3M	276.1M	382.6M	451.9M	516.8M	759.6M	966.1M	1B
Net margin	0.32%	6.01%	13.1%	12.9%	15%	14.3%	14.2%	17.7%	19.4%	18.7%
EBITDA	53M	273.9M	378.5M	384.8M	548.1M	609.6M	716.9M	1B	1.3B	1.4B
EPS	0.03	0.6	1.49	1.62	2.27	2.74	3.25	4.89	6.36	7.04
Diluted EPS	0.03	0.6	1.47	1.6	2.25	2.71	3.23	4.86	6.33	7.02

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	1.1B	1.6B	959.8M	825.3M	1.3B	1.8B	1B	964.5M	1.4B	2B	1.1B	1B
Cost of revenue	508.9M	643.7M	420.3M	355.3M	578M	724.5M	442M	426.6M	627M	786.2M	474.7M	444.4M
Gross profit	583M	916.6M	539.5M	470M	733.3M	1.1B	579.8M	537.9M	803.8M	1.2B	644.6M	575.2M
Gross margin	53.4%	58.7%	56.2%	56.9%	55.9%	60.3%	56.7%	55.8%	56.2%	59.8%	57.6%	56.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	358.4M	428.7M	395.2M	337.2M	428.2M	535.3M	405.8M	372.6M	477.3M	557M	487.9M	419.9M
Operating expenses	358.4M	428.7M	395.2M	337.2M	428.2M	535.3M	405.8M	372.6M	477.3M	557M	487.9M	419.9M
Operating income	224.6M	487.9M	144.3M	132.8M	305.1M	567.3M	173.9M	165.3M	326.5M	614.4M	156.7M	155.3M
Operating margin	20.6%	31.3%	15%	16.1%	23.3%	31%	17%	17.1%	22.8%	31.4%	14%	15.2%
Non-operating income, net	622K	170K	645K	125K	180K	1.3M	-2.3M	18K	1.3M	93K	959K	108K
Pretax income	234.3M	499.1M	164.2M	149.2M	318.9M	583.9M	191.3M	183.1M	342.4M	626.9M	174M	169.1M
Income tax	55.8M	109.1M	36.7M	33.5M	76.6M	127.2M	39.9M	43.9M	74.2M	145.8M	38.5M	39.1M
Net income	178.5M	389.9M	127.5M	115.6M	242.3M	456.7M	151.4M	139.2M	268.2M	481.1M	135.6M	130M
Net margin	16.4%	25%	13.3%	14%	18.5%	25%	14.8%	14.4%	18.7%	24.6%	12.1%	12.7%
EBITDA	248.1M	515.7M	180.1M	167.2M	336.8M	601.7M	209.5M	203.4M	362.6M	646M	192.7M	189M
EPS	1.14	2.53	0.83	0.76	1.59	3.01	1	0.93	1.82	3.34	0.96	0.94
Diluted EPS	1.14	2.52	0.82	0.75	1.59	3	1	0.93	1.82	3.33	0.96	0.94

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1.9B	2.9B	4.4B	3.8B	9.3B	7.5B	11.9B	24.4B	17B	14.6B	10.7B
Enterprise value	1.7B	2.5B	3.8B	3.4B	8.4B	6.9B	11.2B	23.1B	15.4B	13B	9.6B
Shares outstanding	192M	190.5M	177.8M	170.3M	168.3M	165M	159M	155.2M	152M	145.5M	145.5M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	334.7	25	16.5	13.8	24.2	16.7	23.1	32.1	17.6	14.2	11.1
P/S	1.07	1.5	2.16	1.78	3.64	2.39	3.28	5.68	3.41	2.66	1.93
P/B	2	3.04	4.17	3.34	6.42	4.89	6.75	11.6	6.76	5.83	4.65
EV/EBITDA	31.2	8.99	10	8.96	15.3	11.3	15.6	22.3	11.7	9.28	7.24
EV/Sales	0.92	1.29	1.88	1.62	3.3	2.19	3.08	5.39	3.09	2.38	1.74
Earnings yield	0.3%	4%	6.07%	7.26%	4.13%	6%	4.34%	3.12%	5.68%	7.03%	8.98%
FCF yield	8.1%	10.2%	7.58%	6.67%	6.08%	1.61%	3.83%	3.88%	5.64%	7.54%	8.17%
PEG	—	—	—	—	—	—	—	—	—	—	10.4

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	46.7%	48.9%	51.5%	51.8%	54%	51%	50.3%	55.6%	57.9%	57.7%	56.4%
Operating margin	-0.11%	11.7%	16.2%	15.9%	19.8%	17.9%	18%	21.6%	23.6%	23.1%	15.2%
Net margin	0.32%	6.01%	13.1%	12.9%	15%	14.3%	14.2%	17.7%	19.4%	18.7%	18.4%
ROE	0.6%	12.2%	25.3%	24.2%	26.5%	29.4%	29.3%	36%	38.4%	41%	42.6%
ROA	0.48%	9.05%	18.5%	15.6%	17.6%	19.4%	20.2%	24.2%	27.1%	27.8%	20.3%
ROIC	-0.28%	21.3%	54%	34.8%	66.6%	49.3%	49.2%	82.5%	101.7%	100.8%	82.7%
Return on tangible assets	0.55%	10.2%	20.4%	16.8%	18.6%	20.3%	21.1%	24.9%	27.5%	28.2%	26.6%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	5.16	4.81	4.37	3.97	3.52	3.23	3.84	3.39	3.72	3.54	2.75
Quick ratio	3.28	3.23	3.26	2.93	2.93	2.3	2.77	2.73	3.07	2.94	1.99
Debt / equity	0.03	0.03	0.03	0.26	0.15	0.14	0.14	0.13	0.11	0.15	0.21
Debt / assets	0.03	0.03	0.02	0.17	0.1	0.1	0.1	0.09	0.08	0.1	0.12
Net debt / EBITDA	-4.89	-1.45	-1.47	-0.92	-1.58	-1.02	-1.03	-1.19	-1.23	-1.09	-0.81
Interest coverage	0.05	49.1	71.6	68.6	84.2	272.1	194.5	382.8	354.5	525.3	344.4
Effective tax rate	0%	48.2%	19.6%	19%	23.7%	20%	22.4%	22.4%	22.3%	22.8%	22.7%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	9.32	9.99	11.4	12.5	15.1	19.1	22.8	27.6	32.8	37.6	38.7
EPS (basic)	0.03	0.6	1.49	1.62	2.27	2.74	3.25	4.89	6.36	7.04	7.04
EPS (diluted)	0.03	0.6	1.47	1.6	2.25	2.71	3.23	4.86	6.33	7.02	7.03
Book value per share	4.97	4.94	5.88	6.69	8.58	9.32	11.1	13.6	16.5	17.2	16.8
FCF per share	0.81	1.54	1.86	1.49	3.35	0.74	2.87	6.08	6.31	7.54	8.07
Cash per share	1.52	2.26	3.32	3.81	6.47	5.11	6.17	9.68	12.4	13.1	11.7
Capex per share	0.23	0.18	0.16	0.19	0.19	0.31	0.51	0.58	0.57	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	2.49%	1.82%	1.44%	1.5%	1.26%	1.62%	2.23%	2.08%	1.73%	—	—
Capex / operating cash flow	65.6%	10.1%	8.12%	10.7%	6.22%	21.9%	15.6%	9.09%	8.47%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$1.1B	$1.6B	$959.8M	$825.3M	$1.3B	$1.8B	$1B	$964.5M	$1.4B	$2B	$1.1B	$1B
YoY change	+24.7%	+16%	+21.2%	+22.1%	+20.1%	+17.1%	+6.46%	+16.9%	+9.11%	+7.14%	+9.55%	+5.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	291.8M	430M	589.7M	649.4M	1.1B	843.5M	981.8M	1.5B	1.9B	1.9B
Receivables	158.6M	143.7M	178.6M	185.6M	215.7M	302.7M	301.5M	296.6M	332.9M	319M
Inventory	298.9M	299.6M	278.8M	311.6M	278.2M	506.8M	532.9M	474.3M	495.2M	487M
Total current assets	820.8M	910.7M	1.1B	1.2B	1.7B	1.8B	1.9B	2.4B	2.9B	2.9B
Property, plant & equipment	186.5M	181.2M	178.7M	417.5M	358.1M	368.8M	443.8M	487.7M	521.9M	608.9M
Goodwill & intangibles	158.3M	143.7M	131M	124M	111.9M	107.4M	102.9M	82.1M	59.4M	59.3M
Total assets	1.2B	1.3B	1.4B	1.8B	2.2B	2.3B	2.6B	3.1B	3.6B	3.7B
Accounts payable	95.9M	93.9M	125M	147.9M	231.6M	327.5M	265.6M	378.5M	418M	384.5M
Short-term debt	550K	578K	603K	49.7M	46.8M	50.1M	50.8M	53.6M	54.5M	83.9M
Total current liabilities	159.1M	189.2M	250.5M	300.9M	468.4M	541.7M	497.4M	720M	769.9M	804.1M
Long-term debt	32.1M	31.5M	30.9M	246M	176.3M	172M	195.7M	213.3M	222.5M	291.3M
Total liabilities	237.5M	323.6M	382.1M	625M	723.5M	793.4M	790.5M	1B	1.1B	1.2B
Shareholders' equity	954.3M	940.8M	1B	1.1B	1.4B	1.5B	1.8B	2.1B	2.5B	2.5B
Total debt	32.6M	32.1M	31.5M	295.7M	223M	222.1M	246.5M	266.9M	277M	375.2M
Net debt	-259.1M	-397.9M	-558.2M	-353.7M	-866.3M	-621.5M	-735.3M	-1.2B	-1.6B	-1.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	823.1M	1.7B	1.5B	1.4B	1.2B	2.2B	1.9B	1.7B	1.4B	2.1B	1.9B	1.6B
Receivables	487.7M	331.7M	296.6M	303.1M	537.1M	303.1M	332.9M	376.5M	538.8M	344.3M	319M	378.3M
Inventory	726.3M	539M	474.3M	753.3M	777.9M	576.7M	495.2M	849.4M	835.6M	633.5M	487M	807.6M
Total current assets	2.2B	2.6B	2.4B	2.6B	2.7B	3.3B	2.9B	3.1B	3B	3.3B	2.9B	2.9B
Property, plant & equipment	504.6M	533M	487.7M	526.8M	537M	542.3M	521.9M	601.6M	638.9M	634.5M	608.9M	770.2M
Goodwill & intangibles	100.7M	99.6M	82.1M	81.4M	59.8M	59.6M	59.4M	59.3M	59.3M	59.3M	59.3M	59.3M
Total assets	2.8B	3.3B	3.1B	3.3B	3.4B	4B	3.6B	3.8B	3.8B	4.1B	3.7B	3.9B
Accounts payable	476.9M	507.2M	378.5M	642.6M	536.6M	586.4M	418M	732.9M	590.3M	598.5M	384.5M	726.4M
Short-term debt	49.5M	51.1M	53.6M	46.4M	48.7M	46M	54.5M	65.3M	75.9M	76.8M	83.9M	73.4M
Total current liabilities	759.4M	927.4M	720M	912.5M	875.6M	1B	769.9M	1B	968.8M	1.1B	804.1M	1.1B
Long-term debt	201.6M	222.9M	213.3M	216M	210M	211M	222.5M	246.8M	274.8M	266.1M	291.3M	399M
Total liabilities	1.1B	1.2B	1B	1.2B	1.2B	1.3B	1.1B	1.4B	1.3B	1.5B	1.2B	1.6B
Shareholders' equity	1.8B	2.1B	2.1B	2.1B	2.2B	2.6B	2.5B	2.5B	2.5B	2.6B	2.5B	2.3B
Total debt	251.1M	274M	266.9M	262.4M	258.6M	257M	277M	312.1M	350.7M	342.9M	375.2M	472.3M
Net debt	-572M	-1.4B	-1.2B	-1.2B	-967.1M	-2B	-1.6B	-1.4B	-1.1B	-1.7B	-1.5B	-1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	5.7M	114.4M	264.3M	276.1M	382.6M	451.9M	516.8M	759.6M	966.1M	1B
Depreciation & amortization	52.6M	48.6M	44.9M	38.9M	40.5M	42.9M	47.3M	57.2M	68.4M	75.8M
Stock-based compensation	6.2M	14.3M	14.8M	14.5M	22.7M	26.8M	26.9M	37.3M	37.9M	44.8M
Change in working capital	-1.5M	155.1M	26.2M	-34.2M	78.9M	-262M	-65.1M	127.7M	-52.3M	12.3M
Operating cash flow	67.9M	342.2M	357.4M	297.6M	517.1M	233.4M	518.9M	982.7M	1B	1.2B
Capital expenditure	-44.5M	-34.7M	-29M	-32M	-32.2M	-51M	-81M	-89.3M	-86.2M	—
Investing cash flow	-44.5M	-34.7M	-29M	-32M	-32.2M	-51M	-81M	-89.3M	-75M	11K
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-21M	-157.8M	-166.7M	-196.6M	-106.6M	-370.7M	-314.1M	-424.9M	-582.1M	-1.1B
Financing cash flow	-573.5M	-372.6M	-328.8M	-264.9M	-145.8M	-368.7M	-313.4M	-422.5M	-582.3M	-1.1B
Net change in cash	-550.1M	-65.1M	-391K	697K	339.1M	-186.3M	124.4M	471M	360.6M	97.9M
Free cash flow	154.8M	292.5M	330.4M	253.9M	564M	121.3M	456.4M	943.8M	958.4M	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	178.5M	389.9M	127.5M	115.6M	242.3M	456.7M	151.4M	139.2M	268.2M	481.1M	135.6M	130M
Depreciation & amortization	12.8M	15.8M	16.3M	17.1M	16.7M	17.2M	17.5M	19.4M	19.7M	18M	18.6M	17.7M
Stock-based compensation	9.7M	12M	8.6M	8.3M	11.6M	8.9M	9.2M	8.7M	11.2M	11.8M	13.1M	10.7M
Change in working capital	-252.9M	368.2M	-62.9M	1.4M	-407.2M	495.7M	-142.2M	-56M	-307.6M	411.9M	-36M	-40.9M
Operating cash flow	-53M	790.4M	86M	143.1M	-134.9M	983.7M	26M	111.2M	8.1M	1B	95.8M	47.9M
Capital expenditure	-26.7M	-16.6M	-15.3M	-22.5M	-11.9M	-24.4M	-16.4M	-23.9M	—	—	—	—
Investing cash flow	-26.7M	-16.6M	-15.3M	-22.5M	-11.9M	-24.4M	-16.4M	-23.9M	0	0	0	9K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-193.2M	-100.4M	-105.1M	-152.5M	-116.9M	-45.9M	-266.9M	-183.2M	-289.4M	-348.9M	-262M	-338.5M
Financing cash flow	-193.2M	-100.4M	-103.8M	-152.5M	-116.9M	-45.9M	-264.7M	-183.2M	-289.4M	-348.9M	-259.7M	-338.5M
Net change in cash	-272.9M	673.4M	-33.1M	-31.9M	-263.7M	913.4M	-255.2M	-95.9M	-281.3M	693M	-163.8M	-290.6M
Free cash flow	-30.4M	923.7M	-44M	90.1M	-113.4M	1.1B	-89.4M	12.2M	-13.9M	1B	78.8M	32.7M

Deckers Outdoor Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement