Deckers Outdoor CorporationDECK
NYSE•Consumer Cyclical•Footwear & Accessories
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, such as running, trail, hiking, fitness, and lifestyle shoes, as well as apparel and accessories under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name. It also provides a casual footwear fashion line under the Koolaburra brand name; and footwear products under the AHNU brand name. The company sells its products through domestic and international retailers, international distributors, and directly to its consumers through its direct-to-consumer business, which includes e-commerce websites and retail stores. Deckers Outdoor Corporation was founded in 1973 and is headquartered in Goleta, California.
Deckers Outdoor Corporation (DECK) reported trailing twelve months revenue of $5.47B as of March 2026, a 9.8% increase year-over-year. Quarterly revenue reached $1.12B, reflecting continued top-line momentum.
Deckers Outdoor Corporation generated $1.02B in TTM net income, with quarterly EBITDA of $174.18M. The operating margin contracted from 17.0% to 14.0%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (14.0%) and net margin (12.1%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 14.8% a year ago, reflecting increased costs or interest expense.
DECK trades at a P/E of 13.1x (below the broader market average) and a P/S of 2.5x. The price-to-book ratio of 5.4x indicates a significant premium over book value.
The company generated $78.76M in free cash flow over the trailing twelve months, a 188.1% increase year-over-year, indicating cash generation ability. The balance sheet shows $3.69B in total assets with no in long-term debt against $2.50B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~21.6% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 39.4% suggests a durable competitive advantage and efficient capital allocation.
5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~23.3% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~21.3% — no sign of cost or pricing stress.
FCF consistently trails net income (avg 0.6x) — earnings may be inflated by non-cash items or aggressive accounting.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.
Shares decreased 7.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation