FirmAtlas
Company handbook · DECK · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
DECK · CIK 910521 · LATEST FILING: 10-Q JUN '26 · FILED JUL 30, 2026
DECKERS OUTDOOR CORP
$85.71
−0.87 (−1.00%)
Close, Oct 16, 2026 · 52-week $77–122
Last fiscal year
DECKERS OUTDOOR CORP reported revenue of $5.5B for the year ended Mar 31, 2026 (FY25), up 9.8% from FY24. Net income was $1.0B, operating cash flow $1.2B and free cash flow $1.1B. Source: 10-K filed May 22, 2026.
Market cap
$12.0B
P/E
11.8
EV/EBITDA
7.5x
P/B
5.2
ROIC
164.1%
Revenue 1Y
9.8%/yr
EPS 1Y
10.9%/yr
Shares 1Y
−7%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOStefano Caroti
HQGoleta, CA
AuditorKPMG LLP
Employees6,000
Year endsMarch
Revenue by segment · FY25
UGG Brand50%
Hoka Brand47%
Other Brands3%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
24.7%
7.5%
0.9%
−13.5%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.8B deployed
Capex
$171M
9.4%
Buybacks
$1.6B
90.6%
Operating cash flow over the period: $2.2B. Total debt changed by $0M. R&D of $126M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Mar 31, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
4,986
5,472+9.8%
5,527
YoY
+9.8%
Gross profit
2,886
3,158+9.4%
3,195
Gross margin
57.9%
57.7%−0.2 pp
—
Operating income
1,179
1,263+7.1%
1,253
Operating margin
23.6%
23.1%−0.6 pp
—
EBITDA
1,247
1,337+7.3%
—
EBITDA margin
25.0%
24.4%−0.6 pp
—
Interest expense
4
3−28.1%
—
Interest coverage
354.47x
528.65x+174.18x
—
Net income
966
1,024+6.0%
1,015
YoY
+6.0%
Net margin
19.4%
18.7%−0.7 pp
—
EPS (diluted, $)
6.33
7.02+10.9%
7.06
YoY
+10.9%
Balance sheet
Total assets
3,570
3,688+3.3%
3,869
Cash & short-term investments
1,889
1,907+1.0%
—
Accounts receivable
333
319−4.2%
—
Inventory
495
487−1.7%
—
Net PP&E
326
338+3.7%
—
Other assets
527
637+20.7%
—
Total liabilities
1,057
1,188+12.4%
1,567
Other liabilities
1,057
1,188+12.4%
—
Shareholders’ equity
2,513
2,500−0.5%
2,302
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,045
1,182+13.2%
1,194
Net income
966
1,024+6.0%
—
Depreciation & amortization
68
75+10.4%
—
Stock-based compensation
38
45+18.2%
—
Working capital & other
(27)
38n/m
—
Cash from investing
(75)
(85)n/m
—
Capex
(86)
(85)n/m
—
PP&E sold
11
0.0−99.9%
—
Other investing
0.0
0.0+0.0%
—
Cash from financing
(581)
(1,084)n/m
—
Buybacks
(567)
(1,075)n/m
—
Shares issued
4
5+18.5%
—
Other financing
(18)
(13)n/m
—
Net change in cash
387
18−95.3%
—
Free cash flow (OCF − capex)
958
1,097+14.5%
1,118
Where the cash went
Operating cash flow
1,045
1,182+13.2%
1,194
Reinvested in the business
86
85−1.8%
—
% of operating cash flow
8.2%
7.2%
Capex
86
85−1.8%
76
R&D (memo, already in costs)
57
69+21.6%
—
Free cash flow
958
1,097+14.5%
1,118
YoY
+14.5%
Returned to shareholders
567
1,075+89.6%
—
% of free cash flow
59.2%
98.0%
Buybacks
567
1,075+89.6%
—
FCF conversion (FCF ÷ net income)
99.2%
107.2%+8.0 pp
—
Owner earnings
—
1,036
—
Owner earnings margin
—
18.9%
—
Returns & ratios
ROIC (all capital)
149.3%
164.1%+14.7 pp
—
ROIC (operating)
80.7%
86.9%+6.1 pp
—
ROE
38.4%
41.0%+2.5 pp
—
ROA
27.1%
27.8%+0.7 pp
—
ROCE
42.1%
43.8%+1.7 pp
—
NOPAT
931
998+7.1%
—
Invested capital (operating)
1,154
1,144−0.9%
—
Invested capital (all)
624
592−5.0%
—
Reinvestment rate
—
−1.0%
—
Debtor days
24
21−3 d
—
Inventory days
86
77−9 d
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,431
1,958
1,119
1,020
vs year-ago quarter
Gross profit
804
1,171
645
575
Gross margin
56.2%
59.8%
57.6%
56.4%
Operating income
327
614
157
155
Net income
268
481
136
130
vs year-ago quarter
Net margin
18.7%
24.6%
12.1%
12.7%
EPS (diluted, $)
1.82
3.33
0.97
0.94
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
3,784
4,102
3,688
3,869
Cash & equivalents
1,414
2,087
1,907
1,603
Shareholders’ equity
2,466
2,609
2,500
2,302
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
8
1,042
96
48
Capex
22
22
17
15
Free cash flow
(14)
1,020
79
33
vs year-ago quarter