DECKNYSERubber & Plastics FootwearFiscal year ends March 31
DECKERS OUTDOOR CORP
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$87.24+1.53 (+1.79%)
Close on Oct 19, 2026
- Market cap
- $12.09B
- P/E (TTM)
- 12.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2010 to 2026
Gross margin
57.7%+3.7 pts over 5 years
Operating margin
23.1%+3.3 pts over 5 years
Net margin
18.7%+3.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.8% | +14.7% | +16.5% | +11.3% | |
| Gross profit | +9.4% | +20.0% | +18.1% | +14.1% | |
| Operating income | +7.1% | +24.6% | +20.2% | +22.8% | |
| Net income | +6.0% | +25.6% | +21.8% | +23.7% | |
| EPS, diluted | +10.9% | +29.5% | +25.6% | +27.5% | |
| Free cash flow | +14.5% | +34.0% | +14.2% | +33.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 0.6% | 29.6% | 40.9% | |
| Return on assets | 0.5% | 19.5% | 28.2% | |
| Current ratio | 5.16 | 3.52 | 3.54 | |
| Interest coverage | – | – | 499.2× | |
| Inventory turnover | 3.2× | 4.0× | 4.7× | |
| Capex to revenue | 2.5% | 1.3% | 1.5% | |
| Diluted shares | 194M | 170M | 146M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Deckers Outdoor generated $3.97B from operations and spent $3.10B on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$3.97B
Used
$3.10B
Capital expenditure$392.20M13%Dividends$00%Share buybacks$2.71B87%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.7%
×Asset turnover1.51×
×Equity multiplier1.45×
=Return on equity, FY202640.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 18.7% | 1.51× | 1.45× | 40.9% |
| FY2025 | 19.4% | 1.49× | 1.45× | 41.8% |
| FY2024 | 17.7% | 1.51× | 1.47× | 39.2% |
| FY2023 | 14.2% | 1.48× | 1.48× | 31.3% |
| FY2022 | 14.3% | 1.40× | 1.51× | 30.3% |
| FY2021 | 15.0% | 1.29× | 1.52× | 29.6% |
| FY2020 | 12.9% | 1.34× | 1.46× | 25.3% |
| FY2019 | 13.1% | 1.50× | 1.36× | 26.6% |
| FY2018 | 6.0% | 1.55× | 1.30× | 12.1% |
| FY2017 | 0.3% | 1.45× | 1.29× | 0.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$1.02B
- Cash generatingOperating cash flow above zero$1.18B
- Return on assets improvedROA up on the prior year30.8% → 28.7%
- Earnings backed by cashOperating cash flow above net income$1.18B vs $1.02B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.72 → 3.54
- No dilutionShare count did not rise153M → 146M
- Gross margin improvedGross margin up on the prior year57.88% → 57.70%
- More efficientAsset turnover rose1.59 → 1.53