Deckers Outdoor Corp (DECK)
Consumer Discretionary · Footwear · US stock · price as of 16 Oct 2026
Key indicators
| Price | $85.71 |
|---|---|
| 52-week range | $77.20 – $122.29 |
| Market cap | $11.9B |
| P/E (trailing) | 12.2× |
| EV / EBITDA | 7.7× |
| Free-cash-flow yield | 9.4% |
| Dividend yield | – |
| Revenue (last 12 months) | $5.5B |
| Revenue growth (3y a year) | 14.7% |
| Operating margin | 22.7% |
| Return on invested capital | 141.6% |
| Net debt / EBITDA | – |
Fair value
Fair value is not shown for this company.
X-Ray Score
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Deckers Outdoor designs and markets footwear and related apparel and accessories under a small group of brands, including UGG and HOKA. It sells through wholesale partners such as department and specialty stores, and through its own websites and retail stores. Revenue comes from product sales, and the business depends on seasonal demand, brand appeal and the strength of its relationships with retail customers around the world.
Over the last twelve months Deckers Outdoor Corp reported revenue of $5.5 billion. Over three years revenue has grown by 14.7% a year. The operating margin is 22.7%. Return on invested capital is 142%. It does not pay a dividend. Return on invested capital describes how much profit the business earns relative to the money put into it.
StocksXray gives Deckers Outdoor Corp an X-Ray Score of 84 out of 100 (medium confidence), ahead of 98% of the S&P 500 stocks in its sector. Its strongest lens is valuation (90) and its weakest is profitability (75).
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Now | |
|---|---|---|---|---|---|---|
| Price | $45.63 | $74.93 | $156.88 | $111.81 | $100.09 | $85.71 |
| Market cap | $1.3B | $12.0B | $24.5B | $17.1B | $14.6B | $11.9B |
| P/E | 2.8× | 23.2× | 32.3× | 17.7× | 14.3× | 12.2× |
| EV / revenue | 0.1× | 3.0× | 5.4× | 3.0× | 2.3× | 1.9× |
| EV / EBITDA | 0.7× | 15.7× | 23.4× | 12.2× | 9.5× | 7.7× |
| Price / free cash flow | 10.5× | 26.3× | 26.0× | 17.8× | 13.3× | 10.6× |
| Free-cash-flow yield | 9.6% | 3.8% | 3.8% | 5.6% | 7.5% | 9.4% |
| Price / book | 0.8× | 6.8× | 11.6× | 6.8× | 5.8× | 5.2× |
| Dividend yield | – | – | – | – | – | – |
Fundamentals checklist ● 13 Good · ● 1 Average · ● 0 Bad · each check graded against the sector
Cash quality
Risk models
Growth
Balance sheet
Valuation
Profitability
Financials US$ millions, from SEC filings; last column is the last twelve months
| Income statement | FY22 | FY23 | FY24 | FY25 | FY26 | LTM |
|---|---|---|---|---|---|---|
| Revenue | 3,150 | 3,627 | 4,288 | 4,986 | 5,472 | 5,527 |
| Gross profit | 1,608 | 1,825 | 2,385 | 2,886 | 3,158 | 3,195 |
| Operating income | 565 | 653 | 928 | 1,179 | 1,263 | 1,253 |
| Net income | 452 | 517 | 760 | 966 | 1,024 | 1,015 |
| Diluted EPS ($) | 16.26 | 3.23 | 4.86 | 6.33 | 7.02 | 7.04 |
| Free cash flow | 121 | 456 | 944 | 958 | 1,097 | 1,118 |
| Gross margin | 51.0% | 50.3% | 55.6% | 57.9% | 57.7% | 57.8% |
| Operating margin | 17.9% | 18.0% | 21.6% | 23.6% | 23.1% | 22.7% |
| Net margin | 14.3% | 14.2% | 17.7% | 19.4% | 18.7% | 18.4% |
| Balance sheet | FY22 | FY23 | FY24 | FY25 | FY26 | LTM |
| Total assets | 2,332 | 2,556 | 3,136 | 3,570 | 3,688 | 3,869 |
| Cash | 844 | 982 | 1,502 | 1,889 | 1,907 | 1,603 |
| Total debt | – | – | – | – | – | – |
| Equity | 1,539 | 1,766 | 2,107 | 2,513 | 2,500 | 2,302 |
| Dividend per share ($) | – | – | – | – | – | – |
Revenue and net income US$ billions: navy revenue, teal net income
Margins blue gross, teal operating, brown net
Latest quarters
| Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| Revenue ($M) | 1,022 | 965 | 1,431 | 1,958 | 1,119 | 1,020 |
| Growth vs a year earlier | +6.5% | +16.9% | +9.1% | +7.1% | +9.6% | +5.7% |
| Net income ($M) | 151 | 139 | 268 | 481 | 136 | 130 |
| Diluted EPS ($) | – | 0.93 | 1.82 | 3.33 | – | 0.94 |
Peers in Footwear
| Company | X-Ray |
|---|---|
| DECK · Deckers Outdoor Corp | 84 |
Market Compass outlook for Consumer Discretionary: Neutral (53/100). It blends regime history, macro sensitivity, momentum and valuation.
Returns
| 1 week | +3.4% |
|---|---|
| 1 month | +7.5% |
| 3 months | −17.6% |
| 6 months | −23.8% |
| 1 year | −11.1% |
| 3 years | +1.0% |
| 5 years | +42.9% |
Technical summary
| 50-day / 200-day average | $84.53 / $100.33 |
|---|---|
| 52-week low / high | $77.20 / $122.29 |
| Classic pivot, support and resistance | S2 83.52 · S1 84.62 · P – · R1 87.19 · R2 88.66 |
Strengths
- Return on invested capital of 141.6% is ahead of 99% of its sector peers.
- Operating margin of 22.7% is ahead of 83% of its sector peers.
- Revenue growth of 14.7% a year over three years is ahead of 83% of its sector peers.
- Free-cash-flow yield of 9.4% is ahead of 83% of its sector peers.
- Interest cover of no interest cost is ahead of 99% of its sector peers.
- Piotroski F-Score of 7 out of 9: most of the nine accounting health tests pass.
Risks and weak spots
No check is weak against its sector.
Latest SEC filings
| Date | Form | Items |
|---|---|---|
| 15 Sep 2026 | 8-K | 5.07 |
| 31 Aug 2026 | 8-K | 1.01,2.03,9.01 |
| 30 Jul 2026 | 10-Q | |
| 24 Jul 2026 | DEF 14A | |
| 23 Jul 2026 | 8-K | 2.02 |
| 22 May 2026 | 10-K | |
| 21 May 2026 | 8-K | 2.02,9.01 |
| 3 Feb 2026 | 10-Q |
How to read this report
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.