Deckers Outdoor Corporation (DECK) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Apparel - Footwear & Accessories
EV/EBITDA
↓
10.56
↓-33% vs avg
5yr avg: 15.85
30Y Low2.7·High33.0
P/FCF
↑
15.43
↓-48% vs avg
5yr avg: 29.88
30Y Low1.4·High62.7
P/B Ratio
↑
6.31
↓-14% vs avg
5yr avg: 7.33
30Y Low0.4·High11.6
ROE
↑
41.8%
↓+21% vs avg
5yr avg: 34.4%
30Y Low-11%·High42%
Debt/EBITDA
↓
0.22
↓-31% vs avg
5yr avg: 0.32
30Y Low0.0·High6.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DECK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Deckers Outdoor Corporation trades at 16.4x earnings, 28% below its 5-year average of 22.9x, sitting at the 41st percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.6x, the stock trades at a discount of 16%. On a free-cash-flow basis, the stock trades at 15.4x P/FCF, 48% below the 5-year average of 29.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14.8B | $17.1B | $24.5B | $12.0B | $7.6B | $9.4B | $3.8B | $4.4B | $2.9B | $1.9B | $2.0B |
| Enterprise Value | $13.2B | $15.5B | $23.3B | $11.3B | $7.0B | $8.5B | $3.5B | $3.8B | $2.5B | $1.7B | $1.8B |
| P/E Ratio → | 16.42 | 17.66 | 32.28 | 23.20 | 16.84 | 24.48 | 13.96 | 16.63 | 25.16 | 332.00 | 16.20 |
| P/S Ratio | 2.97 | 3.42 | 5.72 | 3.31 | 2.42 | 3.69 | 1.80 | 2.18 | 1.51 | 1.08 | 1.06 |
| P/B Ratio | 6.31 | 6.79 | 11.63 | 6.79 | 4.94 | 6.50 | 3.37 | 4.21 | 3.06 | 2.03 | 2.05 |
| P/FCF | 15.43 | 17.81 | 25.98 | 26.29 | 62.70 | 16.64 | 15.14 | 13.30 | 9.85 | 12.49 | 36.05 |
| P/OCF | 14.16 | 16.34 | 23.73 | 22.32 | 44.14 | 15.74 | 13.43 | 12.23 | 8.80 | 9.70 | 15.74 |
P/E links to full P/E history page with 30-year chart
DECK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Deckers Outdoor Corporation's enterprise value stands at 10.6x EBITDA, 33% below its 5-year average of 15.9x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 7% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.10 | 5.43 | 3.10 | 2.22 | 3.35 | 1.64 | 1.90 | 1.30 | 0.94 | 0.98 |
| EV / EBITDA | 10.56 | 12.39 | 23.65 | 16.09 | 11.50 | 15.64 | 9.26 | 10.31 | 9.16 | 33.02 | 8.65 |
| EV / EBIT | 11.18 | 12.40 | 23.72 | 16.82 | 12.33 | 16.79 | 10.09 | 11.50 | 11.02 | 5028.24 | 11.28 |
| EV / FCF | — | 16.13 | 24.67 | 24.68 | 57.58 | 15.11 | 13.75 | 11.61 | 8.49 | 10.81 | 33.40 |
DECK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Deckers Outdoor Corporation earns an operating margin of 23.6%, significantly above the Consumer Cyclical sector average of 2.9%. Operating margins have expanded from 18.0% to 23.6% over the past 3 years, signaling improving operational efficiency. Return on equity of 41.8% is exceptionally high — well above the sector median of 5.6%. ROIC of 99.7% represents excellent returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.9% | 57.9% | 55.6% | 50.3% | 51.0% | 54.0% | 51.8% | 51.5% | 48.9% | 46.7% | 45.2% |
| Operating Margin | 23.6% | 23.6% | 21.6% | 18.0% | 17.9% | 19.8% | 15.9% | 16.2% | 11.7% | -0.1% | 8.6% |
| Net Profit Margin | 19.4% | 19.4% | 17.7% | 14.2% | 14.3% | 15.0% | 12.9% | 13.1% | 6.0% | 0.3% | 6.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 41.8% | 41.8% | 39.2% | 31.3% | 30.3% | 29.6% | 25.3% | 26.6% | 12.1% | 0.6% | 12.8% |
| ROA | 28.5% | 28.5% | 26.7% | 21.1% | 20.1% | 19.5% | 17.3% | 19.6% | 9.3% | 0.5% | 10.0% |
| ROIC | 99.7% | 99.7% | 73.1% | 50.3% | 56.6% | 55.4% | 39.8% | 47.7% | 27.0% | -0.2% | 15.5% |
| ROCE | 44.7% | 44.7% | 41.5% | 33.9% | 32.4% | 31.9% | 25.6% | 29.1% | 21.1% | -0.2% | 15.9% |
DECK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Deckers Outdoor Corporation carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 4.4x). The company holds a net cash position — cash of $1.9B exceeds total debt of $277M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 335.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.13 | 0.14 | 0.14 | 0.15 | 0.26 | 0.03 | 0.03 | 0.03 | 0.10 |
| Debt / EBITDA | 0.22 | 0.22 | 0.27 | 0.35 | 0.37 | 0.41 | 0.78 | 0.08 | 0.12 | 0.64 | 0.47 |
| Net Debt / Equity | — | -0.64 | -0.59 | -0.42 | -0.40 | -0.60 | -0.31 | -0.53 | -0.42 | -0.27 | -0.15 |
| Net Debt / EBITDA | -1.29 | -1.29 | -1.25 | -1.05 | -1.02 | -1.59 | -0.94 | -1.50 | -1.47 | -5.11 | -0.69 |
| Debt / FCF | — | -1.68 | -1.31 | -1.61 | -5.12 | -1.54 | -1.39 | -1.69 | -1.36 | -1.67 | -2.66 |
| Interest Coverage | 335.26 | 335.26 | 361.74 | 189.64 | 271.10 | 83.64 | 67.01 | 70.23 | 48.55 | -0.26 | 27.89 |
Net cash position: cash ($1.9B) exceeds total debt ($277M)
DECK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Deckers Outdoor Corporation's current ratio of 3.72x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 3.07x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.84x to 3.72x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.72 | 3.72 | 3.39 | 3.84 | 3.23 | 3.52 | 3.97 | 4.37 | 4.81 | 5.16 | 3.29 |
| Quick Ratio | 3.07 | 3.07 | 2.73 | 2.77 | 2.30 | 2.93 | 2.93 | 3.26 | 3.23 | 3.28 | 2.04 |
| Cash Ratio | 2.45 | 2.45 | 2.09 | 1.97 | 1.56 | 2.33 | 2.16 | 2.35 | 2.27 | 1.83 | 1.03 |
| Asset Turnover | — | 1.37 | 1.37 | 1.42 | 1.35 | 1.17 | 1.21 | 1.42 | 1.51 | 1.50 | 1.47 |
| Inventory Turnover | 4.24 | 4.24 | 4.01 | 3.38 | 3.04 | 4.21 | 3.30 | 3.52 | 3.24 | 3.20 | 3.43 |
| Days Sales Outstanding | — | 28.60 | 30.13 | 32.40 | 38.51 | 33.37 | 34.81 | 32.69 | 27.98 | 37.40 | 35.74 |
DECK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Deckers Outdoor Corporation returns 3.8% to shareholders annually primarily through share buybacks. The earnings yield of 6.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.1% | 5.7% | 3.1% | 4.3% | 5.9% | 4.1% | 7.2% | 6.0% | 4.0% | 0.3% | 6.2% |
| FCF Yield | 6.5% | 5.6% | 3.8% | 3.8% | 1.6% | 6.0% | 6.6% | 7.5% | 10.2% | 8.0% | 2.8% |
| Buyback Yield | 3.8% | 3.3% | 1.7% | 2.6% | 4.9% | 1.1% | 5.1% | 3.8% | 5.5% | 1.1% | 4.9% |
| Total Shareholder Yield | 3.8% | 3.3% | 1.7% | 2.6% | 4.9% | 1.1% | 5.1% | 3.8% | 5.5% | 1.1% | 4.9% |
| Shares Outstanding | — | $153M | $156M | $160M | $167M | $170M | $172M | $179M | $192M | $194M | $198M |
Peer Comparison
Compare DECK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DECKYou | $15B | 16.4 | 10.6 | 15.4 | 57.9% | 23.6% | 41.8% | 99.7% | 0.2 |
 CROX | $5B | -70.5 | 7.0 | 8.0 | 57.0% | 22.0% | -5.2% | 21.7% | 1.7 |
 WWW | $1B | 0.2 | 12.4 | 11.3 | 47.3% | 8.0% | 22.5% | 11.6% | 4.3 |
 SHOO | $3B | 63.5 | 32.2 | 24.4 | 41.1% | 2.7% | 5.0% | 4.9% | 4.8 |
 CAL | $454M | -61.3 | 15.5 | 14.0 | 43.0% | 1.0% | -1.2% | 1.7% | 8.1 |
 NKE | $52B | 20.3 | 12.4 | 16.0 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 |
 UAA | $1B | -13.8 | — | — | 47.9% | -3.6% | -10.0% | -5.1% | — |
 COLM | $3B | 19.6 | 14.4 | 15.3 | 50.2% | 6.0% | 10.2% | 8.0% | 3.3 |
 VFC | $8B | -39.6 | 22.3 | 22.4 | 53.5% | 3.2% | -8.6% | 2.7% | 9.5 |
 RL | $50B | 32.1 | 44.4 | 49.5 | 68.6% | 13.2% | 29.5% | 20.6% | 2.3 |
 PVH | $4B | 8.7 | 6.8 | 7.2 | 59.4% | 8.5% | 11.7% | 7.0% | 3.3 |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 15.0 | 36.9% | 2.9% | 5.6% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonDECK — Frequently Asked Questions
Quick answers to the most common questions about buying DECK stock.
What is Deckers Outdoor Corporation's P/E ratio?
Deckers Outdoor Corporation's current P/E ratio is 16.4x. The historical average is 19.5x. This places it at the 41th percentile of its historical range.
What is Deckers Outdoor Corporation's EV/EBITDA?
Deckers Outdoor Corporation's current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is Deckers Outdoor Corporation's ROE?
Deckers Outdoor Corporation's return on equity (ROE) is 41.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 17.3%.
Is DECK stock overvalued?
Based on historical data, Deckers Outdoor Corporation is trading at a P/E of 16.4x. This is at the 41th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Deckers Outdoor Corporation's profit margins?
Deckers Outdoor Corporation has 57.9% gross margin and 23.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Deckers Outdoor Corporation have?
Deckers Outdoor Corporation's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.