Stock Analysis on Net

Deckers Outdoor Corp. (NYSE:DECK)

This company has been moved to the archive! The financial data has not been updated since February 5, 2024.

Analysis of Profitability Ratios

Microsoft Excel

Profitability Ratios (Summary)

Deckers Outdoor Corp., profitability ratios

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Return on Sales
Gross profit margin 50.32% 51.03% 53.98% 51.75% 51.49% 48.95%
Operating profit margin 18.00% 17.93% 19.81% 15.85% 16.20% 11.69%
Net profit margin 14.25% 14.35% 15.03% 12.95% 13.08% 6.01%
Return on Investment
Return on equity (ROE) 29.27% 29.37% 26.49% 24.22% 25.29% 12.16%
Return on assets (ROA) 20.22% 19.38% 17.65% 15.64% 18.52% 9.05%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Deckers Outdoor Corp. gross profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Deckers Outdoor Corp. operating profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Deckers Outdoor Corp. net profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Deckers Outdoor Corp. ROE improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
ROA A profitability ratio calculated as net income divided by total assets. Deckers Outdoor Corp. ROA improved from 2021 to 2022 and from 2022 to 2023.

Gross Profit Margin

Deckers Outdoor Corp., gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Gross profit 1,825,370 1,607,551 1,374,090 1,103,673 1,040,250 931,642
Net sales 3,627,286 3,150,339 2,545,641 2,132,689 2,020,437 1,903,339
Profitability Ratio
Gross profit margin1 50.32% 51.03% 53.98% 51.75% 51.49% 48.95%
Benchmarks
Gross Profit Margin, Competitors2
lululemon athletica inc. 55.39% 57.68% 55.98% 55.87% 55.23%
Nike Inc. 43.52% 45.98% 44.82% 43.42% 44.67%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 1,825,370 ÷ 3,627,286 = 50.32%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Deckers Outdoor Corp. gross profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Operating Profit Margin

Deckers Outdoor Corp., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Income from operations 652,751 564,707 504,205 338,135 327,320 222,584
Net sales 3,627,286 3,150,339 2,545,641 2,132,689 2,020,437 1,903,339
Profitability Ratio
Operating profit margin1 18.00% 17.93% 19.81% 15.85% 16.20% 11.69%
Benchmarks
Operating Profit Margin, Competitors2
lululemon athletica inc. 16.38% 21.31% 18.63% 22.34% 21.46%
Nike Inc. 11.55% 14.29% 15.58% 8.33% 12.20%
Operating Profit Margin, Sector
Consumer Durables & Apparel 12.21% 15.12% 15.85% 9.68% 12.92%
Operating Profit Margin, Industry
Consumer Discretionary 9.12% 8.47% 8.79% 6.48% 7.63%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
Operating profit margin = 100 × Income from operations ÷ Net sales
= 100 × 652,751 ÷ 3,627,286 = 18.00%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Deckers Outdoor Corp. operating profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Net Profit Margin

Deckers Outdoor Corp., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 516,822 451,949 382,575 276,142 264,308 114,394
Net sales 3,627,286 3,150,339 2,545,641 2,132,689 2,020,437 1,903,339
Profitability Ratio
Net profit margin1 14.25% 14.35% 15.03% 12.95% 13.08% 6.01%
Benchmarks
Net Profit Margin, Competitors2
lululemon athletica inc. 10.54% 15.59% 13.38% 16.22% 14.71%
Nike Inc. 9.90% 12.94% 12.86% 6.79% 10.30%
Net Profit Margin, Sector
Consumer Durables & Apparel 9.99% 13.26% 12.91% 7.70% 10.64%
Net Profit Margin, Industry
Consumer Discretionary 7.92% 5.15% 9.20% 5.24% 5.92%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
Net profit margin = 100 × Net income ÷ Net sales
= 100 × 516,822 ÷ 3,627,286 = 14.25%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Deckers Outdoor Corp. net profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Return on Equity (ROE)

Deckers Outdoor Corp., ROE calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 516,822 451,949 382,575 276,142 264,308 114,394
Stockholders’ equity 1,765,733 1,538,825 1,444,225 1,140,120 1,045,130 940,779
Profitability Ratio
ROE1 29.27% 29.37% 26.49% 24.22% 25.29% 12.16%
Benchmarks
ROE, Competitors2
lululemon athletica inc. 27.15% 35.60% 23.02% 33.07% 33.46%
Nike Inc. 36.20% 39.57% 44.86% 31.52% 44.57%
ROE, Sector
Consumer Durables & Apparel 34.54% 38.96% 41.21% 31.82% 43.04%
ROE, Industry
Consumer Discretionary 30.61% 21.65% 34.37% 25.29% 34.62%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
ROE = 100 × Net income ÷ Stockholders’ equity
= 100 × 516,822 ÷ 1,765,733 = 29.27%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Deckers Outdoor Corp. ROE improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Return on Assets (ROA)

Deckers Outdoor Corp., ROA calculation, comparison to benchmarks

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 516,822 451,949 382,575 276,142 264,308 114,394
Total assets 2,556,203 2,332,250 2,167,705 1,765,118 1,427,206 1,264,379
Profitability Ratio
ROA1 20.22% 19.38% 17.65% 15.64% 18.52% 9.05%
Benchmarks
ROA, Competitors2
lululemon athletica inc. 15.25% 19.73% 14.07% 19.67% 23.21%
Nike Inc. 13.51% 14.99% 15.17% 8.10% 16.99%
ROA, Sector
Consumer Durables & Apparel 13.73% 15.51% 15.06% 9.20% 17.49%
ROA, Industry
Consumer Discretionary 7.66% 4.94% 8.07% 4.42% 5.57%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
ROA = 100 × Net income ÷ Total assets
= 100 × 516,822 ÷ 2,556,203 = 20.22%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Deckers Outdoor Corp. ROA improved from 2021 to 2022 and from 2022 to 2023.