What is Deckers Outdoor's operating income?

Deckers Outdoor's total operating income in 2026 was $1.26 billion, based on the following breakdown: Total Gross Profit: $3.16 billion Total Operating Expenses: $1.89 billion

Deckers Outdoor (DECK) Financials

$111.24 -2.61 (-2.29%)

As of 01:05 PM Eastern

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Annual Income Statements for Deckers Outdoor

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

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	122	5.71	114	264	276	391	452	517	760	966	1,024
Consolidated Net Income / (Loss)	122	5.71	114	264	276	383	452	517	760	966	1,024
Net Income / (Loss) Continuing Operations	122	5.71	114	264	276	383	452	517	760	966	1,024
Total Pre-Tax Income	157	-6.99	221	329	341	502	565	666	979	1,243	1,326
Total Operating Income	162	-1.92	223	327	338	504	565	653	928	1,179	1,263
Total Gross Profit	847	835	932	1,040	1,104	1,374	1,608	1,825	2,385	2,886	3,158
Total Revenue	1,875	1,790	1,903	2,020	2,133	2,546	3,150	3,627	4,288	4,986	5,472
Operating Revenue	1,875	1,790	1,903	2,020	2,133	2,546	3,150	3,627	4,288	4,986	5,472
Total Cost of Revenue	1,029	955	972	980	1,029	1,172	1,543	1,802	1,902	2,100	2,315
Operating Cost of Revenue	1,029	955	972	980	1,029	1,172	1,543	1,802	1,902	2,100	2,315
Total Operating Expenses	685	837	709	713	766	870	1,043	1,173	1,458	1,707	1,895
Selling, General & Admin Expense	685	837	709	713	766	870	1,043	1,173	1,458	1,707	1,895
Total Other Income / (Expense), net	-5.24	-5.07	-1.89	1.61	2.73	-2.69	-0.07	13	51	64	63
Interest Expense	5.81	7.32	4.59	4.66	5.05	6.03	2.08	3.44	2.56	3.52	2.53
Interest & Investment Income	0.42	0.78	3.06	6.03	7.26	2.64	1.90	16	52	68	64
Other Income / (Expense), net	0.15	1.47	-0.36	0.25	0.52	0.70	0.11	1.21	1.78	-0.67	2.37
Income Tax Expense	35	-13	106	65	65	119	113	149	219	277	302
Basic Earnings per Share	$3.76	$0.18	$3.60	$8.92	$9.73	$13.64	$16.43	$3.25	$4.89	$6.36	$7.04
Weighted Average Basic Shares Outstanding	32.56M	32M	31.76M	29.64M	28.39M	28.06M	27.51M	159.02M	155.23M	151.99M	145.50M
Diluted Earnings per Share	$3.70	$0.18	$3.58	$8.84	$9.62	$13.47	$16.26	$3.23	$4.86	$6.33	$7.02
Weighted Average Diluted Shares Outstanding	33.04M	32.36M	32.00M	29.90M	28.69M	28.41M	27.79M	160.11M	156.29M	152.67M	145.81M
Weighted Average Basic & Diluted Shares Outstanding	32.50M	31.70M	31.80M	29.60M	28.00M	27.81M	26.79M	26.16M	25.44M	149.44M	138.88M

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

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	179	390	128	116	242	457	151	139	268	481	136
Consolidated Net Income / (Loss)	179	390	128	116	242	457	151	139	268	481	136
Net Income / (Loss) Continuing Operations	179	390	128	116	242	457	151	139	268	481	136
Total Pre-Tax Income	234	499	164	149	319	584	191	183	342	627	174
Total Operating Income	225	488	144	133	305	567	174	165	327	614	157
Total Gross Profit	583	917	539	470	733	1,103	580	538	804	1,171	645
Total Revenue	1,092	1,560	960	825	1,311	1,827	1,022	965	1,431	1,958	1,119
Operating Revenue	1,092	1,560	960	825	1,311	1,827	1,022	965	1,431	1,958	1,119
Total Cost of Revenue	509	644	420	355	578	725	442	427	627	786	475
Operating Cost of Revenue	509	644	420	355	578	725	442	427	627	786	475
Total Operating Expenses	358	429	395	337	428	535	406	373	477	557	488
Selling, General & Admin Expense	358	429	395	337	428	535	406	373	477	557	488
Total Other Income / (Expense), net	9.70	11	20	16	14	17	17	18	16	13	17
Interest Expense	1.01	0.91	-0.36	1.03	1.15	0.61	-	0.94	0.52	1.07	0.01
Interest & Investment Income	10	12	19	17	15	16	20	19	15	14	16
Other Income / (Expense), net	0.62	0.17	0.65	0.13	0.18	1.30	-2.27	0.02	1.30	0.09	0.96
Income Tax Expense	56	109	37	34	77	127	40	44	74	146	38
Basic Earnings per Share	$1.14	$2.53	$4.88	$0.76	$1.59	$3.01	$1.00	$0.93	$1.82	$3.34	$0.93
Weighted Average Basic Shares Outstanding	156.19M	153.99M	25.87M	152.87M	152.24M	151.82M	151.99M	149.34M	147.40M	144.08M	145.50M
Diluted Earnings per Share	$1.14	$2.52	$4.82	$0.75	$1.59	$3.00	$1.00	$0.93	$1.82	$3.33	$0.93
Weighted Average Diluted Shares Outstanding	157.07M	154.87M	26.05M	153.48M	152.78M	152.39M	152.67M	149.64M	147.65M	144.29M	145.81M
Basic & Diluted Earnings per Share	-	-	-	-	-	-	$1.00	-	-	-	$0.93
Weighted Average Basic & Diluted Shares Outstanding	25.73M	25.67M	25.44M	25.41M	151.92M	151.77M	149.44M	148.34M	145.74M	141.95M	138.88M

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

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Net Change in Cash & Equivalents	21	46	138	160	60	440	-246	138	520	387	18
Net Cash From Operating Activities	126	199	327	360	286	596	172	537	1,033	1,045	1,182
Net Cash From Continuing Operating Activities	126	199	327	360	285	593	172	537	1,033	1,045	1,188
Net Income / (Loss) Continuing Operations	122	5.71	114	264	276	383	452	517	760	966	1,024
Consolidated Net Income / (Loss)	122	5.71	114	264	276	383	452	517	760	966	1,024
Depreciation Expense	50	53	49	45	39	41	43	48	58	69	76
Amortization Expense	-	0.38	-	0.00	0.00	0.74	1.55	2.15	2.08	2.38	2.24
Non-Cash Adjustments To Reconcile Net Income	45	166	21	18	18	44	30	35	47	48	52
Changes in Operating Assets and Liabilities, net	-92	-25	143	32	-48	125	-354	-64	167	-41	33
Net Cash From Investing Activities	-67	-44	-35	-29	-32	-32	-51	-81	-89	-75	-85
Net Cash From Continuing Investing Activities	-67	-44	-35	-29	-32	-32	-51	-81	-89	-75	-85
Purchase of Property, Plant & Equipment	-66	-44	-35	-29	-32	-32	-51	-81	-89	-86	-85
Sale of Property, Plant & Equipment	0.83	0.00	0.12	0.07	0.49	0.05	0.01	0.01	0.03	11	0.01
Net Cash From Financing Activities	-37	-104	-158	-167	-192	-130	-367	-309	-418	-581	-1,084
Net Cash From Continuing Financing Activities	-37	-104	-158	-167	-192	-130	-367	-309	-418	-581	-1,084
Repurchase of Common Equity	-94	-13	-150	-161	-190	-99	-357	-297	-415	-571	-1,080
Issuance of Common Equity	0.00	0.80	0.77	1.03	1.29	1.50	1.99	2.17	2.44	3.80	4.51
Other Financing Activities, net	-4.14	-29	-8.11	-5.33	-2.53	-0.66	-13	-12	-5.19	-14	-8.41
Effect of Exchange Rate Changes	-0.97	-5.27	3.26	-3.57	-2.51	5.46	0.30	-9.11	-5.92	-1.05	4.76
Cash Interest Paid	4.64	5.49	3.77	3.81	2.47	60	1.84	1.88	1.78	1.79	95

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

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-224	828	-149	-64	-213	1,015	-352	-169	-306	672	-179
Net Cash From Operating Activities	-3.73	940	-29	113	-91	1,095	-73	36	8.09	1,042	96
Net Cash From Continuing Operating Activities	-3.73	940	-29	113	-91	1,095	-73	36	7.99	1,042	101
Net Income / (Loss) Continuing Operations	179	390	128	116	242	457	151	139	268	481	136
Consolidated Net Income / (Loss)	179	390	128	116	242	457	151	139	268	481	136
Depreciation Expense	13	16	17	17	17	17	18	19	20	18	19
Amortization Expense	0.57	0.52	0.42	0.47	0.62	0.78	0.52	0.56	0.56	0.56	0.56
Non-Cash Adjustments To Reconcile Net Income	22	6.98	15	4.65	26	7.20	9.87	11	32	-5.02	14
Changes in Operating Assets and Liabilities, net	-217	527	-188	-25	-376	614	-253	-134	-313	547	-67
Net Cash From Investing Activities	-27	-17	-15	-23	-12	-24	-16	-24	-22	-22	-17
Net Cash From Continuing Investing Activities	-27	-17	-15	-23	-12	-24	-16	-24	-22	-22	-17
Purchase of Property, Plant & Equipment	-27	-17	-15	-23	-23	-24	-16	-24	-22	-22	-17
Net Cash From Financing Activities	-192	-99	-102	-152	-115	-50	-265	-183	-292	-349	-260
Net Cash From Continuing Financing Activities	-192	-99	-102	-152	-115	-50	-265	-183	-292	-349	-260
Repurchase of Common Equity	-185	-100	-104	-152	-104	-45	-270	-183	-287	-349	-262
Issuance of Common Equity	-	-	1.28	-	-	-	2.17	-	-	-	2.28
Other Financing Activities, net	-7.23	0.75	1.44	0.11	-12	-4.90	3.11	-0.24	-7.44	-0.40	-0.34
Effect of Exchange Rate Changes	-1.90	3.01	-3.21	-1.92	4.91	-6.43	2.40	2.24	0.23	0.88	1.42
Cash Interest Paid	0.48	0.40	0.43	0.41	0.38	0.45	0.54	0.78	0.45	0.52	94

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

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Total Assets	1,278	1,192	1,264	1,427	1,765	2,168	2,332	2,556	3,136	3,570	3,688
Total Current Assets	786	821	911	1,095	1,194	1,651	1,752	1,910	2,443	2,860	2,850
Cash & Equivalents	246	292	430	590	649	1,089	844	982	1,502	1,889	1,907
Accounts Receivable	160	159	144	179	186	216	303	302	297	333	319
Inventories, net	300	299	300	279	312	278	507	533	474	495	487
Prepaid Expenses	18	16	18	20	18	17	26	34	34	39	53
Current Deferred & Refundable Income Taxes	23	25	2.18	2.34	8.15	6.31	18	4.78	44	37	1.83
Other Current Assets	38	31	18	26	22	44	55	56	93	67	82
Plant, Property, & Equipment, net	237	226	220	214	209	206	222	267	302	326	338
Total Noncurrent Assets	255	145	134	118	362	311	358	379	390	384	500
Goodwill	128	14	14	14	14	14	14	14	14	14	14
Intangible Assets	83	65	58	51	48	42	40	37	27	16	16
Noncurrent Deferred & Refundable Income Taxes	21	45	38	31	28	37	64	73	73	78	69
Other Noncurrent Operating Assets	23	22	23	22	272	218	240	255	276	277	401
Total Liabilities & Shareholders' Equity	1,278	1,192	1,264	1,427	1,765	2,168	2,332	2,556	3,136	3,570	3,688
Total Liabilities	311	238	324	382	625	723	793	790	1,028	1,057	1,188
Total Current Liabilities	238	159	189	251	301	468	542	497	720	770	804
Accounts Payable	101	96	94	125	148	232	327	266	379	418	385
Accrued Expenses	39	32	24	48	46	69	81	87	107	142	171
Current Deferred & Payable Income Tax Liabilities	6.46	2.72	11	19	11	37	12	17	52	23	36
Current Employee Benefit Liabilities	21	23	56	54	42	79	68	64	124	125	120
Other Taxes Payable	3.90	5.47	3.50	3.24	3.63	4.90	2.72	13	5.13	6.70	8.37
Other Current Liabilities	-	-	-	-	49	47	50	51	54	54	84
Total Noncurrent Liabilities	72	78	134	132	324	255	252	293	308	287	384
Noncurrent Deferred Revenue	25	32	87	82	64	60	54	62	52	14	26
Other Noncurrent Operating Liabilities	14	15	16	19	230	195	197	231	256	274	358
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	967	954	941	1,045	1,140	1,444	1,539	1,766	2,107	2,513	2,500
Total Preferred & Common Equity	967	954	941	1,045	1,140	1,444	1,539	1,766	2,107	2,513	2,500
Total Common Equity	967	954	941	1,045	1,140	1,444	1,539	1,766	2,107	2,513	2,500
Common Stock	162	161	168	179	192	204	211	233	245	255	289
Retained Earnings	826	820	786	889	974	1,257	1,353	1,572	1,914	2,308	2,246
Accumulated Other Comprehensive Income / (Loss)	-21	-26	-13	-23	-26	-17	-25	-39	-51	-50	-36

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

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	6/30/2025	9/30/2025	12/31/2025
Total Assets	2,556	2,848	2,849	3,347	3,136	3,306	3,398	3,964	3,839	3,784	4,102
Total Current Assets	1,910	2,175	2,180	2,649	2,443	2,613	2,701	3,274	3,075	2,971	3,282
Cash & Equivalents	982	1,047	823	1,651	1,502	1,438	1,226	2,241	1,720	1,414	2,087
Accounts Receivable	302	271	488	332	297	303	537	303	376	539	344
Inventories, net	533	741	726	539	474	753	778	577	849	836	633
Prepaid Expenses	34	40	46	36	34	45	47	47	53	49	50
Current Deferred & Refundable Income Taxes	4.78	18	13	15	44	29	34	27	15	8.07	7.68
Other Current Assets	56	58	83	76	93	43	80	79	61	126	160
Plant, Property, & Equipment, net	267	289	295	301	302	306	320	323	332	333	334
Total Noncurrent Assets	379	384	373	398	390	388	377	367	432	479	486
Goodwill	14	14	14	14	14	14	14	14	14	14	14
Intangible Assets	37	37	36	36	27	27	16	16	16	16	16
Noncurrent Deferred & Refundable Income Taxes	73	71	71	69	73	72	73	65	86	91	94
Other Noncurrent Operating Assets	255	263	252	279	276	276	274	272	317	359	363
Total Liabilities & Shareholders' Equity	2,556	2,848	2,849	3,347	3,136	3,306	3,398	3,964	3,839	3,784	4,102
Total Liabilities	790	1,046	1,053	1,243	1,028	1,232	1,175	1,333	1,372	1,318	1,493
Total Current Liabilities	497	736	759	927	720	912	876	1,033	1,047	969	1,149
Accounts Payable	266	523	477	507	379	643	537	586	733	590	598
Accrued Expenses	87	83	102	161	107	105	139	192	151	152	237
Current Deferred & Payable Income Tax Liabilities	17	28	61	109	52	57	76	99	23	66	142
Current Employee Benefit Liabilities	64	42	49	86	124	62	60	97	69	66	87
Other Taxes Payable	13	7.64	21	13	5.13	0.66	16	12	5.70	19	8.46
Other Current Liabilities	51	51	49	51	54	46	49	46	65	76	77
Total Noncurrent Liabilities	293	310	294	316	308	319	299	301	325	349	343
Noncurrent Deferred Revenue	62	62	54	53	52	53	38	37	20	16	16
Other Noncurrent Operating Liabilities	231	247	240	263	256	266	262	263	305	334	328
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,766	1,802	1,795	2,104	2,107	2,074	2,223	2,631	2,467	2,466	2,609
Total Preferred & Common Equity	1,766	1,802	1,795	2,104	2,107	2,074	2,223	2,631	2,467	2,466	2,609
Total Common Equity	1,766	1,802	1,795	2,104	2,107	2,074	2,223	2,631	2,467	2,466	2,609
Common Stock	233	240	244	256	245	254	254	261	263	269	281
Retained Earnings	1,572	1,610	1,601	1,890	1,914	1,875	2,013	2,425	2,262	2,246	2,375
Accumulated Other Comprehensive Income / (Loss)	-39	-47	-49	-42	-51	-55	-44	-55	-58	-49	-46

This table displays calculated financial ratios and metrics derived from Deckers Outdoor's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	141,949,971.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	141,949,971.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	7.21
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.20%	-4.54%	6.32%	6.15%	5.56%	19.36%	23.75%	15.14%	18.21%	16.28%	9.76%
EBITDA Growth	-22.64%	-75.24%	415.23%	37.56%	1.36%	44.66%	11.55%	15.55%	40.48%	26.41%	7.45%
EBIT Growth	-27.92%	-100.27%	50,037.98%	47.40%	3.38%	49.09%	11.87%	15.78%	42.10%	26.81%	7.37%
NOPAT Growth	-23.04%	-101.06%	8,688.75%	127.97%	4.15%	40.41%	17.52%	12.05%	42.09%	27.31%	6.43%
Net Income Growth	-24.43%	-95.33%	1,903.40%	131.05%	4.48%	38.54%	18.13%	14.35%	46.97%	27.19%	6.00%
EPS Growth	-20.60%	-95.14%	1,888.89%	146.93%	8.82%	40.02%	20.71%	19.13%	50.54%	30.25%	10.90%
Operating Cash Flow Growth	-25.84%	58.43%	64.23%	9.82%	-20.35%	108.22%	-71.09%	211.81%	92.25%	1.10%	13.16%
Free Cash Flow Firm Growth	-25.99%	127.00%	113.82%	19.19%	-24.98%	130.41%	-79.76%	274.51%	114.96%	-0.04%	12.11%
Invested Capital Growth	9.49%	-15.40%	-21.90%	-10.31%	7.11%	-31.96%	95.93%	12.75%	-22.77%	3.04%	-5.04%
Revenue Q/Q Growth	2.07%	-0.51%	1.67%	-0.32%	-0.89%	7.90%	5.88%	1.56%	4.08%	1.26%	1.82%
EBITDA Q/Q Growth	-11.97%	-1.72%	20.58%	3.95%	-4.23%	7.62%	4.86%	3.87%	4.49%	2.34%	-1.01%
EBIT Q/Q Growth	-15.29%	-121.30%	27.13%	4.70%	-4.18%	8.13%	4.90%	3.97%	4.35%	2.32%	-1.09%
NOPAT Q/Q Growth	-16.05%	-278.35%	45.99%	0.56%	-2.27%	5.06%	7.96%	3.45%	3.95%	2.89%	-1.58%
Net Income Q/Q Growth	-17.04%	349.13%	46.52%	1.29%	-2.77%	4.76%	8.49%	4.65%	4.94%	2.53%	-1.52%
EPS Q/Q Growth	-18.14%	250.00%	46.12%	0.11%	-2.43%	5.81%	0.00%	0.00%	5.01%	1.93%	-2.77%
Operating Cash Flow Q/Q Growth	3.35%	34.46%	15.12%	1.56%	-10.10%	4.62%	-42.80%	27.09%	-7.87%	-4.07%	16.66%
Free Cash Flow Firm Q/Q Growth	0.00%	64.46%	9.94%	6.31%	-11.36%	6.84%	-54.68%	21.20%	-5.48%	-5.88%	17.31%
Invested Capital Q/Q Growth	1.21%	-5.61%	-5.10%	-8.74%	-4.11%	-9.93%	22.74%	10.21%	33.53%	59.96%	13.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	45.15%	46.66%	48.95%	51.49%	51.75%	53.98%	51.03%	50.32%	55.63%	57.88%	57.70%
EBITDA Margin	11.32%	2.94%	14.23%	18.44%	17.70%	21.46%	19.34%	19.41%	23.06%	25.08%	24.55%
Operating Margin	8.65%	-0.11%	11.69%	16.20%	15.85%	19.81%	17.93%	18.00%	21.63%	23.65%	23.08%
EBIT Margin	8.65%	-0.02%	11.68%	16.21%	15.88%	19.83%	17.93%	18.03%	21.67%	23.64%	23.12%
Profit (Net Income) Margin	6.52%	0.32%	6.01%	13.08%	12.95%	15.03%	14.35%	14.25%	17.71%	19.38%	18.71%
Tax Burden Percent	77.93%	-81.73%	51.83%	80.35%	81.01%	76.28%	80.04%	77.59%	77.59%	77.70%	77.21%
Interest Burden Percent	96.68%	1,569.89%	99.31%	100.42%	100.65%	99.33%	99.97%	101.85%	105.34%	105.51%	104.83%
Effective Tax Rate	22.07%	0.00%	48.17%	19.65%	18.99%	23.72%	19.96%	22.41%	22.41%	22.30%	22.79%
Return on Invested Capital (ROIC)	16.07%	-0.18%	18.64%	51.08%	54.32%	87.77%	86.08%	68.48%	103.60%	149.07%	160.35%
ROIC Less NNEP Spread (ROIC-NNEP)	18.53%	-3.66%	18.94%	50.81%	53.95%	88.01%	86.09%	67.35%	100.38%	146.13%	157.77%
Return on Net Nonoperating Assets (RNNOA)	-3.24%	0.77%	-6.57%	-24.46%	-29.05%	-58.16%	-55.78%	-37.20%	-64.37%	-107.25%	-119.49%
Return on Equity (ROE)	12.84%	0.59%	12.07%	26.62%	25.27%	29.61%	30.30%	31.28%	39.22%	41.82%	40.86%
Cash Return on Invested Capital (CROIC)	7.01%	16.50%	43.23%	61.94%	47.45%	125.81%	21.25%	56.49%	129.29%	146.07%	165.52%
Operating Return on Assets (OROA)	13.26%	-0.04%	18.10%	24.34%	21.22%	25.68%	25.10%	26.76%	32.65%	35.15%	34.87%
Return on Assets (ROA)	9.99%	0.46%	9.31%	19.64%	17.30%	19.46%	20.09%	21.14%	26.69%	28.81%	28.22%
Return on Common Equity (ROCE)	12.84%	0.59%	12.07%	26.62%	25.27%	29.61%	30.30%	31.28%	39.22%	41.82%	40.86%
Return on Equity Simple (ROE_SIMPLE)	12.64%	0.60%	12.16%	25.29%	24.22%	26.49%	29.37%	29.27%	36.04%	38.44%	0.00%
Net Operating Profit after Tax (NOPAT)	126	-1.34	115	263	274	385	452	506	720	916	975
NOPAT Margin	6.74%	-0.08%	6.06%	13.02%	12.84%	15.11%	14.35%	13.96%	16.78%	18.38%	17.82%
Net Nonoperating Expense Percent (NNEP)	-2.46%	3.48%	-0.30%	0.27%	0.38%	-0.24%	-0.01%	1.13%	3.21%	2.94%	2.58%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	36.46%	39.01%
Cost of Revenue to Revenue	54.85%	53.34%	51.05%	48.51%	48.25%	46.02%	48.97%	49.68%	44.37%	42.12%	42.30%
SG&A Expenses to Revenue	36.51%	46.76%	37.25%	35.29%	35.90%	34.17%	33.10%	32.33%	34.00%	34.23%	34.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	36.51%	46.76%	37.25%	35.29%	35.90%	34.17%	33.10%	32.33%	34.00%	34.23%	34.63%
Earnings before Interest and Taxes (EBIT)	162	-0.45	222	328	339	505	565	654	929	1,178	1,265
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	212	53	271	373	378	546	609	704	989	1,250	1,343
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.01	2.00	3.04	4.10	3.29	6.44	4.85	6.71	11.46	6.75	5.68
Price to Tangible Book Value (P/TBV)	2.57	2.18	3.29	4.37	3.48	6.70	5.02	6.91	11.69	6.83	5.75
Price to Revenue (P/Rev)	1.04	1.07	1.50	2.12	1.76	3.66	2.37	3.27	5.63	3.40	2.60
Price to Earnings (P/E)	15.89	334.08	25.00	16.20	13.58	23.78	16.50	22.93	31.81	17.57	13.87
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	6.29%	0.30%	4.00%	6.17%	7.36%	4.20%	6.06%	4.36%	3.14%	5.69%	7.21%
Enterprise Value to Invested Capital (EV/IC)	2.19	2.37	4.53	7.65	6.00	23.16	9.51	13.86	37.43	24.17	20.76
Enterprise Value to Revenue (EV/Rev)	0.96	0.92	1.29	1.84	1.47	3.23	2.10	3.00	5.28	3.02	2.25
Enterprise Value to EBITDA (EV/EBITDA)	8.46	31.37	9.09	10.00	8.29	15.05	10.86	15.44	22.91	12.06	9.16
Enterprise Value to EBIT (EV/EBIT)	11.07	0.00	11.08	11.37	9.25	16.28	11.71	16.62	24.38	12.80	9.72
Enterprise Value to NOPAT (EV/NOPAT)	14.22	0.00	21.34	14.16	11.43	21.37	14.63	21.46	31.48	16.46	12.61
Enterprise Value to Operating Cash Flow (EV/OCF)	14.28	8.27	7.52	10.36	10.94	13.78	38.38	20.22	21.93	14.44	10.41
Enterprise Value to Free Cash Flow (EV/FCFF)	32.59	13.17	9.20	11.67	13.09	14.91	59.28	26.01	25.23	16.80	12.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.03	0.03	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.03	0.03	0.03	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.17	-0.21	-0.35	-0.48	-0.54	-0.66	-0.65	-0.55	-0.64	-0.73	-0.76
Leverage Ratio	1.29	1.29	1.30	1.36	1.46	1.52	1.51	1.48	1.47	1.45	1.45
Compound Leverage Factor	1.24	20.18	1.29	1.36	1.47	1.51	1.51	1.51	1.55	1.53	1.52
Debt to Total Capital	9.38%	3.31%	3.30%	2.93%	2.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	6.32%	0.06%	0.06%	0.06%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.06%	3.25%	3.24%	2.87%	2.58%	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%	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%	0.00%
Common Equity to Total Capital	90.62%	96.69%	96.70%	97.07%	97.36%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.47	0.62	0.12	0.08	0.08	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-0.69	-4.93	-1.47	-1.50	-1.64	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.15	0.61	0.12	0.08	0.08	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.79	-24.29	0.28	0.12	0.11	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-1.15	192.91	-3.45	-2.12	-2.26	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.26	-23.88	0.27	0.12	0.11	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	7.06	7.95	8.94	10.48	6.82	11.13	9.22	12.78	17.96	13.72	11.31
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.29	5.16	4.81	4.37	3.97	3.52	3.23	3.84	3.39	3.72	3.55
Quick Ratio	1.70	2.83	3.03	3.07	2.77	2.79	2.12	2.58	2.50	2.89	2.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	55	125	268	319	239	551	112	418	898	898	1,007
Operating Cash Flow to CapEx	192.50%	447.94%	943.47%	1,238.90%	895.80%	1,853.39%	337.89%	663.38%	1,156.58%	1,392.64%	1,396.91%
Free Cash Flow to Firm to Interest Expense	9.48	17.10	58.37	68.43	47.42	91.46	53.56	121.39	350.30	255.27	397.83
Operating Cash Flow to Interest Expense	21.64	27.23	71.40	77.13	56.74	98.91	82.74	156.14	402.96	296.99	467.18
Operating Cash Flow Less CapEx to Interest Expense	10.40	21.15	63.83	70.90	50.41	93.57	58.25	132.60	368.12	275.67	433.73
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.53	1.45	1.55	1.50	1.34	1.29	1.40	1.48	1.51	1.49	1.51
Accounts Receivable Turnover	12.37	11.23	12.59	12.54	11.71	12.69	12.15	12.01	14.34	15.84	16.79
Inventory Turnover	3.82	3.19	3.25	3.39	3.49	3.97	3.93	3.47	3.78	4.33	4.71
Fixed Asset Turnover	7.99	7.74	8.54	9.31	10.09	12.26	14.70	14.83	15.08	15.88	16.50
Accounts Payable Turnover	11.04	9.72	10.24	8.96	7.54	6.17	5.52	6.08	5.91	5.27	5.77
Days Sales Outstanding (DSO)	29.51	32.50	28.99	29.11	31.17	28.77	30.03	30.40	25.46	23.04	21.74
Days Inventory Outstanding (DIO)	95.61	114.43	112.40	107.70	104.72	91.89	92.86	105.30	96.63	84.26	77.45
Days Payable Outstanding (DPO)	33.06	37.55	35.65	40.76	48.39	59.12	66.14	60.07	61.79	69.22	63.27
Cash Conversion Cycle (CCC)	92.06	109.38	105.74	96.05	87.49	61.54	56.76	75.63	60.29	38.08	35.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	822	695	543	487	522	355	695	784	605	624	592
Invested Capital Turnover	2.39	2.36	3.07	3.92	4.23	5.81	6.00	4.90	6.17	8.11	9.00
Increase / (Decrease) in Invested Capital	71	-126	-152	-56	35	-167	340	89	-179	18	-31
Enterprise Value (EV)	1,797	1,648	2,462	3,724	3,132	8,219	6,614	10,868	22,658	15,081	12,301
Market Capitalization	1,943	1,908	2,860	4,282	3,750	9,308	7,458	11,850	24,160	16,970	14,208
Book Value per Share	$29.83	$29.88	$29.62	$35.88	$40.74	$51.27	$56.49	$66.99	$82.10	$16.56	$17.61
Tangible Book Value per Share	$23.33	$27.40	$27.36	$33.63	$38.52	$49.28	$54.52	$65.04	$80.50	$16.36	$17.40
Total Capital	1,068	987	973	1,077	1,171	1,444	1,539	1,766	2,107	2,513	2,500
Total Debt	100	33	32	32	31	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	33	32	32	31	30	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-146	-259	-398	-558	-619	-1,089	-844	-982	-1,502	-1,889	-1,907
Capital Expenditures (CapEx)	65	44	35	29	32	32	51	81	89	75	85
Debt-free, Cash-free Net Working Capital (DFCFNWC)	369	371	292	256	244	93	367	431	221	201	139
Debt-free Net Working Capital (DFNWC)	615	662	722	845	894	1,182	1,210	1,413	1,723	2,091	2,046
Net Working Capital (NWC)	547	662	722	845	893	1,182	1,210	1,413	1,723	2,091	2,046
Net Nonoperating Expense (NNE)	4.09	-7.05	0.98	-1.30	-2.21	2.05	0.06	-10	-40	-50	-49
Net Nonoperating Obligations (NNO)	-146	-259	-398	-558	-619	-1,089	-844	-982	-1,502	-1,889	-1,907
Total Depreciation and Amortization (D&A)	50	53	49	45	39	41	44	50	60	72	78
Debt-free, Cash-free Net Working Capital to Revenue	19.67%	20.70%	15.35%	12.66%	11.46%	3.66%	11.65%	11.88%	5.16%	4.04%	2.54%
Debt-free Net Working Capital to Revenue	32.78%	37.00%	37.94%	41.85%	41.91%	46.45%	38.42%	38.95%	40.20%	41.93%	37.39%
Net Working Capital to Revenue	29.18%	36.97%	37.91%	41.82%	41.88%	46.45%	38.42%	38.95%	40.20%	41.93%	37.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.76	$0.18	$3.60	$8.92	$9.73	$13.64	$16.43	$19.50	$29.36	$6.36	$7.04
Adjusted Weighted Average Basic Shares Outstanding	32.56M	32M	31.76M	29.64M	28.39M	28.06M	27.51M	26.50M	25.87M	151.99M	145.50M
Adjusted Diluted Earnings per Share	$3.70	$0.18	$3.58	$8.84	$9.62	$13.47	$16.26	$19.37	$29.16	$6.33	$7.02
Adjusted Weighted Average Diluted Shares Outstanding	33.04M	32.36M	32.00M	29.90M	28.69M	28.41M	27.79M	26.69M	26.05M	152.67M	145.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.02M	31.99M	30.45M	29.14M	28.00M	27.81M	26.79M	26.16M	25.44M	149.44M	138.88M
Normalized Net Operating Profit after Tax (NOPAT)	126	-1.34	115	263	274	385	452	506	720	916	975
Normalized NOPAT Margin	6.74%	-0.08%	6.06%	13.02%	12.84%	15.11%	14.35%	13.96%	16.78%	18.38%	17.82%
Pre Tax Income Margin	8.37%	-0.39%	11.60%	16.28%	15.98%	19.70%	17.92%	18.36%	22.83%	24.94%	24.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.91	-0.06	48.47	70.28	67.11	83.76	271.16	189.99	362.44	335.07	500.11
NOPAT to Interest Expense	21.73	-0.18	25.16	56.43	54.29	63.81	217.00	147.15	280.68	260.51	385.41
EBIT Less CapEx to Interest Expense	16.67	-6.14	40.90	64.05	60.78	78.42	246.67	166.46	327.60	313.74	466.66
NOPAT Less CapEx to Interest Expense	10.49	-6.26	17.60	50.20	47.95	58.47	192.51	123.61	245.84	239.18	351.96
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	77.05%	220.18%	130.85%	61.06%	68.95%	25.92%	78.91%	57.54%	54.63%	59.10%	105.48%

This table displays calculated financial ratios and metrics derived from Deckers Outdoor's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	141,949,971.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	141,949,971.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.96
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	24.70%	15.95%	21.25%	22.13%	20.09%	17.10%	6.46%	16.86%	9.11%	7.14%	9.55%
EBITDA Growth	70.42%	34.30%	35.57%	79.13%	35.20%	16.29%	17.65%	23.15%	7.92%	7.92%	-7.21%
EBIT Growth	75.87%	34.50%	36.50%	87.01%	35.53%	16.49%	18.46%	24.35%	7.39%	8.07%	-8.14%
NOPAT Growth	70.02%	37.80%	32.38%	86.34%	35.44%	16.39%	22.86%	22.08%	10.32%	6.27%	-11.31%
Net Income Growth	75.87%	39.93%	38.96%	81.94%	35.72%	17.14%	18.71%	20.39%	10.66%	5.34%	-10.46%
EPS Growth	75.87%	39.93%	40.52%	87.55%	39.47%	19.05%	21.95%	24.00%	14.47%	11.00%	-7.00%
Operating Cash Flow Growth	98.20%	31.56%	-148.16%	-10.07%	-2,325.01%	16.49%	-154.56%	-67.91%	108.93%	-4.89%	231.30%
Free Cash Flow Firm Growth	206.21%	384.95%	7,370.78%	187.71%	-30.21%	-20.66%	-58.96%	-93.38%	-2.22%	-33.19%	28.74%
Invested Capital Growth	-11.35%	-36.26%	-22.77%	-15.78%	2.62%	-13.98%	3.04%	17.45%	5.41%	34.03%	-5.04%
Revenue Q/Q Growth	61.57%	42.90%	-38.49%	-14.00%	58.88%	39.34%	-44.08%	-5.60%	48.34%	36.81%	-42.82%
EBITDA Q/Q Growth	184.07%	111.38%	-67.88%	-7.13%	114.39%	81.82%	-67.50%	-2.80%	87.89%	81.83%	-72.06%
EBIT Q/Q Growth	216.87%	116.69%	-70.31%	-8.26%	129.64%	86.26%	-69.81%	-3.70%	98.31%	87.44%	-74.34%
NOPAT Q/Q Growth	209.78%	122.72%	-70.61%	-8.12%	125.17%	91.40%	-68.97%	-8.70%	103.49%	84.37%	-74.10%
Net Income Q/Q Growth	180.95%	118.38%	-67.29%	-9.35%	109.57%	88.48%	-66.85%	-8.06%	92.63%	79.43%	-71.82%
EPS Q/Q Growth	180.95%	118.38%	-68.10%	-6.22%	-64.82%	88.68%	-66.67%	-7.00%	95.70%	82.97%	-72.07%
Operating Cash Flow Q/Q Growth	-102.98%	25,282.91%	-103.05%	492.86%	-180.38%	1,309.74%	-106.66%	149.52%	-77.63%	12,783.39%	-90.80%
Free Cash Flow Firm Q/Q Growth	283.00%	116.18%	-54.54%	-23.57%	-7.10%	145.76%	-76.48%	-87.67%	1,271.94%	67.93%	-54.68%
Invested Capital Q/Q Growth	28.71%	-53.36%	33.53%	5.07%	56.83%	-60.90%	59.96%	19.76%	40.76%	-50.29%	13.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	53.39%	58.74%	56.21%	56.95%	55.92%	60.35%	56.74%	55.77%	56.18%	59.84%	57.59%
EBITDA Margin	21.85%	32.32%	16.88%	18.23%	24.60%	32.10%	18.66%	19.21%	24.33%	32.34%	15.80%
Operating Margin	20.57%	31.27%	15.03%	16.09%	23.27%	31.05%	17.02%	17.14%	22.82%	31.38%	14.00%
EBIT Margin	20.63%	31.28%	15.10%	16.11%	23.28%	31.12%	16.80%	17.14%	22.91%	31.39%	14.09%
Profit (Net Income) Margin	16.35%	24.99%	13.29%	14.01%	18.48%	25.00%	14.82%	14.43%	18.74%	24.58%	12.11%
Tax Burden Percent	76.20%	78.13%	77.67%	77.52%	75.98%	78.22%	79.15%	76.04%	78.33%	76.75%	77.91%
Interest Burden Percent	104.03%	102.25%	113.32%	112.20%	104.47%	102.70%	111.44%	110.74%	104.43%	102.03%	110.36%
Effective Tax Rate	23.80%	21.87%	22.33%	22.48%	24.02%	21.78%	20.85%	23.96%	21.67%	23.25%	22.10%
Return on Invested Capital (ROIC)	59.18%	172.83%	72.06%	79.57%	83.59%	283.53%	109.29%	96.56%	91.49%	283.69%	98.16%
ROIC Less NNEP Spread (ROIC-NNEP)	57.99%	172.18%	70.82%	78.55%	82.57%	282.86%	108.48%	95.70%	90.55%	283.24%	97.45%
Return on Net Nonoperating Assets (RNNOA)	-21.76%	-120.41%	-45.41%	-50.36%	-42.10%	-232.48%	-79.62%	-66.56%	-50.98%	-233.91%	-73.81%
Return on Equity (ROE)	37.42%	52.42%	26.65%	29.21%	41.50%	51.05%	29.67%	30.00%	40.51%	49.78%	24.35%
Cash Return on Invested Capital (CROIC)	68.88%	163.18%	129.29%	127.43%	81.49%	226.20%	146.07%	119.70%	88.69%	188.02%	165.52%
Operating Return on Assets (OROA)	30.31%	41.86%	22.75%	23.23%	34.71%	41.91%	24.98%	24.58%	33.46%	41.83%	21.24%
Return on Assets (ROA)	24.03%	33.44%	20.02%	20.20%	27.55%	33.66%	22.03%	20.70%	27.37%	32.75%	18.26%
Return on Common Equity (ROCE)	37.42%	52.42%	26.65%	29.21%	41.50%	51.05%	29.67%	30.00%	40.51%	49.78%	24.35%
Return on Equity Simple (ROE_SIMPLE)	34.12%	34.40%	0.00%	39.12%	39.38%	35.81%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	171	381	112	103	232	444	138	126	256	472	122
NOPAT Margin	15.67%	24.43%	11.68%	12.47%	17.68%	24.28%	13.47%	13.03%	17.87%	24.09%	10.91%
Net Nonoperating Expense Percent (NNEP)	1.19%	0.64%	1.25%	1.02%	1.03%	0.67%	0.81%	0.86%	0.94%	0.45%	0.71%
Return On Investment Capital (ROIC_SIMPLE)	-	18.12%	-	-	-	16.86%	5.48%	5.09%	10.37%	18.07%	4.88%
Cost of Revenue to Revenue	46.61%	41.26%	43.79%	43.05%	44.08%	39.65%	43.26%	44.23%	43.82%	40.16%	42.41%
SG&A Expenses to Revenue	32.82%	27.47%	41.18%	40.85%	32.65%	29.30%	39.72%	38.63%	33.36%	28.45%	43.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	32.82%	27.47%	41.18%	40.85%	32.65%	29.30%	39.72%	38.63%	33.36%	28.45%	43.59%
Earnings before Interest and Taxes (EBIT)	225	488	145	133	305	569	172	165	328	614	158
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	239	504	162	150	323	587	191	185	348	633	177
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.48	8.17	11.46	11.87	10.93	11.73	6.75	6.24	6.10	5.79	5.68
Price to Tangible Book Value (P/TBV)	7.70	8.37	11.69	12.11	11.08	11.86	6.83	6.32	6.17	5.86	5.75
Price to Revenue (P/Rev)	3.44	4.18	5.63	5.55	5.22	6.27	3.40	3.01	2.87	2.81	2.60
Price to Earnings (P/E)	21.93	23.76	31.81	30.34	27.77	32.75	17.57	15.56	14.81	14.53	13.87
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.56%	4.21%	3.14%	3.30%	3.60%	3.05%	5.69%	6.43%	6.75%	6.88%	7.21%
Enterprise Value to Invested Capital (EV/IC)	12.97	34.29	37.43	36.46	23.14	73.37	24.17	18.31	12.96	24.91	20.76
Enterprise Value to Revenue (EV/Rev)	3.23	3.77	5.28	5.23	4.96	5.81	3.02	2.67	2.60	2.42	2.25
Enterprise Value to EBITDA (EV/EBITDA)	15.43	16.43	22.91	21.97	20.26	23.42	12.06	10.65	10.40	9.60	9.16
Enterprise Value to EBIT (EV/EBIT)	16.48	17.46	24.38	23.40	21.55	24.84	12.80	11.30	11.05	10.18	9.72
Enterprise Value to NOPAT (EV/NOPAT)	21.45	22.46	31.48	30.22	27.88	32.13	16.46	14.57	14.15	13.14	12.61
Enterprise Value to Operating Cash Flow (EV/OCF)	14.08	13.87	21.93	22.72	24.72	26.28	14.44	14.13	12.77	12.85	10.41
Enterprise Value to Free Cash Flow (EV/FCFF)	17.70	16.36	25.23	26.16	28.77	30.00	16.80	16.53	14.99	15.18	12.22
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	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	0.00
Financial Leverage	-0.38	-0.70	-0.64	-0.64	-0.51	-0.82	-0.73	-0.70	-0.56	-0.83	-0.76
Leverage Ratio	1.61	1.59	1.47	1.59	1.55	1.54	1.45	1.57	1.53	1.54	1.45
Compound Leverage Factor	1.67	1.63	1.67	1.78	1.62	1.59	1.62	1.74	1.60	1.57	1.60
Debt to Total Capital	0.00%	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%	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%	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%	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%	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%	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	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	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	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	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	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	0.00
Altman Z-Score	10.67	11.42	17.13	14.88	15.56	17.13	12.79	9.67	9.98	9.31	10.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.87	2.86	3.39	2.86	3.08	3.17	3.72	2.94	3.07	2.86	3.55
Quick Ratio	1.73	2.14	2.50	1.91	2.01	2.46	2.89	2.00	2.02	2.12	2.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	296	639	291	222	206	507	119	15	202	339	154
Operating Cash Flow to CapEx	-13.98%	5,650.34%	-187.57%	500.20%	-396.35%	4,541.71%	-443.94%	151.06%	36.75%	4,823.97%	561.07%
Free Cash Flow to Firm to Interest Expense	292.44	701.59	0.00	0.00	179.27	831.29	0.00	15.73	387.25	316.93	30,707.13
Operating Cash Flow to Interest Expense	-3.69	1,032.20	0.00	0.00	-78.67	1,795.76	0.00	38.66	15.52	974.63	19,168.40
Operating Cash Flow Less CapEx to Interest Expense	-30.11	1,013.93	0.00	0.00	-98.52	1,756.22	0.00	13.07	-26.71	954.43	15,752.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.47	1.34	1.51	1.44	1.49	1.35	1.49	1.43	1.46	1.33	1.51
Accounts Receivable Turnover	8.47	12.52	14.34	15.45	9.09	15.51	15.84	15.08	9.75	16.60	16.79
Inventory Turnover	2.26	2.97	3.78	2.58	2.66	3.73	4.33	2.71	2.75	3.77	4.71
Fixed Asset Turnover	15.12	15.16	15.08	14.93	15.15	15.78	15.88	16.07	16.06	16.36	16.50
Accounts Payable Turnover	3.89	3.78	5.91	3.31	3.94	3.80	5.27	3.16	3.94	3.85	5.77
Days Sales Outstanding (DSO)	43.11	29.15	25.46	23.62	40.16	23.53	23.04	24.20	37.44	21.98	21.74
Days Inventory Outstanding (DIO)	161.44	122.71	96.63	141.38	137.44	97.97	84.26	134.71	132.63	96.79	77.45
Days Payable Outstanding (DPO)	93.83	96.68	61.79	110.32	92.60	96.03	69.22	115.61	92.63	94.76	63.27
Cash Conversion Cycle (CCC)	110.72	55.18	60.29	54.69	85.00	25.47	38.08	43.29	77.44	24.01	35.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	972	453	605	636	998	390	624	747	1,052	523	592
Invested Capital Turnover	3.78	7.07	6.17	6.38	4.73	11.68	8.11	7.41	5.12	11.78	9.00
Increase / (Decrease) in Invested Capital	-125	-258	-179	-119	25	-63	18	111	54	133	-31
Enterprise Value (EV)	12,612	15,548	22,658	23,189	23,085	28,613	15,081	13,682	13,623	13,023	12,301
Market Capitalization	13,435	17,199	24,160	24,627	24,310	30,854	16,970	15,402	15,038	15,109	14,208
Book Value per Share	$68.69	$81.78	$82.10	$81.54	$87.49	$17.32	$16.56	$16.51	$16.62	$17.90	$17.61
Tangible Book Value per Share	$66.76	$79.84	$80.50	$79.94	$86.32	$17.12	$16.36	$16.31	$16.42	$17.70	$17.40
Total Capital	1,795	2,104	2,107	2,074	2,223	2,631	2,513	2,467	2,466	2,609	2,500
Total Debt	0.00	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	0.00
Net Debt	-823	-1,651	-1,502	-1,438	-1,226	-2,241	-1,889	-1,720	-1,414	-2,087	-1,907
Capital Expenditures (CapEx)	27	17	15	23	23	24	16	24	22	22	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	597	71	221	262	600	0.31	201	307	588	46	139
Debt-free Net Working Capital (DFNWC)	1,420	1,721	1,723	1,700	1,826	2,241	2,091	2,028	2,003	2,133	2,046
Net Working Capital (NWC)	1,420	1,721	1,723	1,700	1,826	2,241	2,091	2,028	2,003	2,133	2,046
Net Nonoperating Expense (NNE)	-7.39	-8.71	-15	-13	-11	-13	-14	-14	-12	-9.63	-13
Net Nonoperating Obligations (NNO)	-823	-1,651	-1,502	-1,438	-1,226	-2,241	-1,889	-1,720	-1,414	-2,087	-1,907
Total Depreciation and Amortization (D&A)	13	16	17	18	17	18	19	20	20	19	19
Debt-free, Cash-free Net Working Capital to Revenue	15.30%	1.71%	5.16%	5.90%	12.88%	0.01%	4.04%	6.00%	11.22%	0.86%	2.54%
Debt-free Net Working Capital to Revenue	36.38%	41.79%	40.20%	38.32%	39.20%	45.52%	41.93%	39.57%	38.19%	39.68%	37.39%
Net Working Capital to Revenue	36.38%	41.79%	40.20%	38.32%	39.20%	45.52%	41.93%	39.57%	38.19%	39.68%	37.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.14	$2.53	$4.88	$4.54	$1.59	$3.01	$1.00	$0.93	$1.82	$3.34	$0.93
Adjusted Weighted Average Basic Shares Outstanding	156.19M	153.98M	25.87M	25.48M	152.24M	151.82M	151.99M	149.34M	147.40M	144.08M	145.50M
Adjusted Diluted Earnings per Share	$1.14	$2.52	$4.82	$4.52	$1.59	$3.00	$1.00	$0.93	$1.82	$3.33	$0.93
Adjusted Weighted Average Diluted Shares Outstanding	157.07M	154.87M	26.05M	25.58M	152.78M	152.39M	152.67M	149.64M	147.65M	144.29M	145.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.00	$0.00	$0.00	$0.00	$0.93
Adjusted Weighted Average Basic & Diluted Shares Outstanding	154.39M	154.01M	25.44M	25.41M	151.92M	151.77M	149.44M	148.34M	145.74M	141.95M	138.88M
Normalized Net Operating Profit after Tax (NOPAT)	171	381	112	103	232	444	138	126	256	472	122
Normalized NOPAT Margin	15.67%	24.43%	11.68%	12.47%	17.68%	24.28%	13.47%	13.03%	17.87%	24.09%	10.91%
Pre Tax Income Margin	21.46%	31.98%	17.11%	18.07%	24.32%	31.96%	18.72%	18.98%	23.93%	32.03%	15.55%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	222.79	535.75	0.00	0.00	265.22	932.09	0.00	176.80	629.22	574.80	31,537.60
NOPAT to Interest Expense	169.29	418.45	0.00	0.00	201.40	727.37	0.00	134.42	490.88	441.08	24,419.93
EBIT Less CapEx to Interest Expense	196.37	517.48	0.00	0.00	245.37	892.55	0.00	151.20	586.98	554.59	28,121.20
NOPAT Less CapEx to Interest Expense	142.88	400.18	0.00	0.00	181.55	687.83	0.00	108.83	448.65	420.88	21,003.53
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	58.46%	57.08%	54.63%	66.71%	52.58%	43.02%	59.10%	60.83%	77.27%	104.67%	105.48%

Financials Breakdown Chart

Key Financial Trends

Deckers Outdoor (NYSE: DECK) showed a sharp step-down in profitability and cash generation in fiscal 2026’s most recent quarters, but the company still ended the period with a strong balance sheet and sizable liquidity. The biggest theme is that revenue growth slowed materially versus last year, margins compressed, and cash flow became much more volatile after a very strong fiscal 2025.

Liquidity remains very strong. At Q3 2026, Deckers held $2.09 billion in cash and equivalents against $1.49 billion in total liabilities, leaving the company with a solid net cash position and a current ratio comfortably above 2.0x.
Balance sheet leverage is low. Total equity was $2.61 billion at Q3 2026, up from $2.22 billion at Q2 2026, which gives Deckers substantial financial flexibility even as operating results softened.
Gross profit dollars are still sizable. In Q4 2026, revenue was $1.12 billion and gross profit was $644.6 million, showing the business still generates meaningful absolute profit even in a weaker quarter.
Interest income helped offset pressure elsewhere. Q4 2026 included $16.3 million of interest and investment income, which partially cushioned weaker operating performance.
Deckers continued to return capital to shareholders. The company repurchased $261.6 million of stock in Q4 2026, following $348.5 million in Q3 2026 and $287.0 million in Q2 2026.
Capital spending stayed modest. Q4 2026 capex was $17.1 million, down from $21.6 million in Q3 2026, suggesting management is not aggressively expanding the asset base.
EPS held steady in the latest quarter. Q4 2026 diluted EPS was $0.93, equal to basic EPS, though that was far below the prior year’s pace.
Operating assets and liabilities moved against cash in Q4 2026. Changes in operating capital reduced cash flow by $67.4 million, which is a reminder that working capital can swing materially quarter to quarter.
Revenue growth slowed sharply year over year. Q4 2026 revenue was $1.12 billion, down from $1.02 billion in Q4 2025 only modestly on a quarterly basis, but the more important signal is the much weaker operating momentum versus the prior-year surge seen in earlier quarters.
Profitability fell steeply from the prior year. Q4 2026 net income was $135.6 million versus $151.4 million in Q4 2025, and it was dramatically below the much stronger quarters earlier in fiscal 2026, where Q3 net income reached $481.1 million and Q2 net income was $268.2 million.
Operating margin compressed. Q4 2026 operating income was $156.7 million on $1.12 billion of revenue, much weaker than Q3 2026 operating income of $614.4 million on $1.96 billion of revenue.
Cash flow weakened materially in Q4 2026. Net cash from operations was $95.8 million, down from $1.04 billion in Q3 2026 and $8.1 million in Q2 2026, while net change in cash was negative $179.5 million after heavy buybacks and working-capital pressure.
Quarterly revenue and earnings are well below peak levels from fiscal 2025. For example, Q3 2025 revenue was $1.83 billion with net income of $456.7 million, highlighting how far the recent quarter has cooled.
Inventory remains elevated relative to earlier periods. Inventories were $633.5 million at Q3 2026, up from $474.3 million at Q4 2024, which can be a concern if demand slows further.

Bottom line: Deckers Outdoor still looks financially durable thanks to strong cash, low debt, and consistent share repurchases, but the recent quarterly trend is clearly softer. Investors will likely focus on whether management can stabilize revenue growth and restore operating margins after a strong but now decelerating run.

06/02/26 01:05 PM ETAI Generated. May Contain Errors.

Deckers Outdoor Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Deckers Outdoor's fiscal year ends in March. Their fiscal year 2026 ended on March 31, 2026.

Deckers Outdoor's net income appears to be on an upward trend, with a most recent value of $1.02 billion in 2026, rising from $122.27 million in 2016. The previous period was $966.09 million in 2025. Find out what analysts predict for Deckers Outdoor in the coming months.

Deckers Outdoor's total operating income in 2026 was $1.26 billion, based on the following breakdown:

Total Gross Profit: $3.16 billion
Total Operating Expenses: $1.89 billion

Over the last 10 years, Deckers Outdoor's total revenue changed from $1.88 billion in 2016 to $5.47 billion in 2026, a change of 191.8%.

Deckers Outdoor's total liabilities were at $1.19 billion at the end of 2026, a 12.4% increase from 2025, and a 282.5% increase since 2016.

In the past 10 years, Deckers Outdoor's cash and equivalents has ranged from $245.96 million in 2016 to $1.91 billion in 2026, and is currently $1.91 billion as of their latest financial filing in 2026.

Over the last 10 years, Deckers Outdoor's book value per share changed from 29.83 in 2016 to 17.61 in 2026, a change of -41.0%.

Related Companies

Financial statements for NYSE:DECK last updated on 5/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Deckers Outdoor (DECK) Financials

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