30 years of historical data (1997–2026) · Consumer Cyclical · Apparel - Footwear & Accessories
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Deckers Outdoor Corporation trades at 15.5x earnings, 25% below its 5-year average of 20.8x, sitting at the 37th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 27%. On a free-cash-flow basis, the stock trades at 13.8x P/FCF, 53% below the 5-year average of 29.2x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.2B | $14.6B | $17.1B | $24.5B | $12.0B | $7.6B | $9.4B | $3.8B | $4.4B | $2.9B | $1.9B |
| Enterprise Value | $13.6B | $13.1B | $15.5B | $23.3B | $11.3B | $7.0B | $8.5B | $3.5B | $3.8B | $2.5B | $1.7B |
| P/E Ratio → | 15.54 | 14.25 | 17.66 | 32.28 | 23.20 | 16.84 | 24.48 | 13.96 | 16.63 | 25.16 | 332.00 |
| P/S Ratio | 2.78 | 2.67 | 3.42 | 5.72 | 3.31 | 2.42 | 3.69 | 1.80 | 2.18 | 1.51 | 1.08 |
| P/B Ratio | 6.36 | 5.84 | 6.79 | 11.63 | 6.79 | 4.94 | 6.50 | 3.37 | 4.21 | 3.06 | 2.03 |
| P/FCF | 13.81 | 13.29 | 17.81 | 25.98 | 26.29 | 62.70 | 16.64 | 15.14 | 13.30 | 9.85 | 12.49 |
| P/OCF | 12.82 | 12.34 | 16.34 | 23.73 | 22.32 | 44.14 | 15.74 | 13.43 | 12.23 | 8.80 | 9.70 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Deckers Outdoor Corporation's enterprise value stands at 10.3x EBITDA, 30% below its 5-year average of 14.7x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 15% discount on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.39 | 3.10 | 5.43 | 3.10 | 2.22 | 3.35 | 1.64 | 1.90 | 1.30 | 0.94 |
| EV / EBITDA | 10.30 | 9.87 | 12.39 | 23.65 | 16.09 | 11.50 | 15.64 | 9.26 | 10.31 | 9.16 | 33.02 |
| EV / EBIT | 10.94 | 10.49 | 12.40 | 23.72 | 16.82 | 12.33 | 16.79 | 10.09 | 11.50 | 11.02 | 5028.24 |
| EV / FCF | — | 11.90 | 16.13 | 24.67 | 24.68 | 57.58 | 15.11 | 13.75 | 11.61 | 8.49 | 10.81 |
Margins and return-on-capital ratios measuring operating efficiency
Deckers Outdoor Corporation earns an operating margin of 22.8%, significantly above the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from 21.6% to 22.8% over the past 3 years, signaling improving operational efficiency. Return on equity of 40.9% is exceptionally high — well above the sector median of 5.3%. ROIC of 100.0% represents excellent returns on invested capital versus a sector median of 5.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.1% | 56.1% | 57.9% | 55.6% | 50.3% | 51.0% | 54.0% | 51.8% | 51.5% | 48.9% | 46.7% |
| Operating Margin | 22.8% | 22.8% | 23.6% | 21.6% | 18.0% | 17.9% | 19.8% | 15.9% | 16.2% | 11.7% | -0.1% |
| Net Profit Margin | 18.8% | 18.8% | 19.4% | 17.7% | 14.2% | 14.3% | 15.0% | 12.9% | 13.1% | 6.0% | 0.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 40.9% | 40.9% | 41.8% | 39.2% | 31.3% | 30.3% | 29.6% | 25.3% | 26.6% | 12.1% | 0.6% |
| ROA | 28.0% | 28.0% | 28.5% | 26.7% | 21.1% | 20.1% | 19.5% | 17.3% | 19.6% | 9.3% | 0.5% |
| ROIC | 100.0% | 100.0% | 99.7% | 73.1% | 50.3% | 56.6% | 55.4% | 39.8% | 47.7% | 27.0% | -0.2% |
| ROCE | 43.3% | 43.3% | 44.7% | 41.5% | 33.9% | 32.4% | 31.9% | 25.6% | 29.1% | 21.1% | -0.2% |
Solvency and debt-coverage ratios — lower is generally safer
Deckers Outdoor Corporation carries a Debt/EBITDA ratio of 0.3x, which is very conservative (94% below the sector average of 4.8x). The company holds a net cash position — cash of $1.9B exceeds total debt of $375M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 492.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.15 | 0.11 | 0.13 | 0.14 | 0.14 | 0.15 | 0.26 | 0.03 | 0.03 | 0.03 |
| Debt / EBITDA | 0.28 | 0.28 | 0.22 | 0.27 | 0.35 | 0.37 | 0.41 | 0.78 | 0.08 | 0.12 | 0.64 |
| Net Debt / Equity | — | -0.61 | -0.64 | -0.59 | -0.42 | -0.40 | -0.60 | -0.31 | -0.53 | -0.42 | -0.27 |
| Net Debt / EBITDA | -1.16 | -1.16 | -1.29 | -1.25 | -1.05 | -1.02 | -1.59 | -0.94 | -1.50 | -1.47 | -5.11 |
| Debt / FCF | — | -1.40 | -1.68 | -1.31 | -1.61 | -5.12 | -1.54 | -1.39 | -1.69 | -1.36 | -1.67 |
| Interest Coverage | 492.12 | 492.12 | 354.51 | 382.80 | 194.52 | 272.07 | 84.20 | 68.55 | 71.57 | 49.13 | 0.05 |
Net cash position: cash ($1.9B) exceeds total debt ($375M)
Short-term solvency ratios and asset-utilisation metrics
Deckers Outdoor Corporation's current ratio of 3.54x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.94x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 3.39x to 3.54x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.54 | 3.54 | 3.72 | 3.39 | 3.84 | 3.23 | 3.52 | 3.97 | 4.37 | 4.81 | 5.16 |
| Quick Ratio | 2.94 | 2.94 | 3.07 | 2.73 | 2.77 | 2.30 | 2.93 | 2.93 | 3.26 | 3.23 | 3.28 |
| Cash Ratio | 2.37 | 2.37 | 2.45 | 2.09 | 1.97 | 1.56 | 2.33 | 2.16 | 2.35 | 2.27 | 1.83 |
| Asset Turnover | — | 1.48 | 1.37 | 1.37 | 1.42 | 1.35 | 1.17 | 1.21 | 1.42 | 1.51 | 1.50 |
| Inventory Turnover | 4.91 | 4.91 | 4.24 | 4.01 | 3.38 | 3.04 | 4.21 | 3.30 | 3.52 | 3.24 | 3.20 |
| Days Sales Outstanding | — | 21.47 | 28.60 | 30.13 | 32.40 | 38.51 | 33.37 | 34.81 | 32.69 | 27.98 | 37.40 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Deckers Outdoor Corporation returns 7.1% to shareholders annually primarily through share buybacks. The earnings yield of 6.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.4% | 7.0% | 5.7% | 3.1% | 4.3% | 5.9% | 4.1% | 7.2% | 6.0% | 4.0% | 0.3% |
| FCF Yield | 7.2% | 7.5% | 5.6% | 3.8% | 3.8% | 1.6% | 6.0% | 6.6% | 7.5% | 10.2% | 8.0% |
| Buyback Yield | 7.1% | 7.4% | 3.3% | 1.7% | 2.6% | 4.9% | 1.1% | 5.1% | 3.8% | 5.5% | 1.1% |
| Total Shareholder Yield | 7.1% | 7.4% | 3.3% | 1.7% | 2.6% | 4.9% | 1.1% | 5.1% | 3.8% | 5.5% | 1.1% |
| Shares Outstanding | — | $146M | $153M | $156M | $160M | $167M | $170M | $172M | $179M | $192M | $194M |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $15B | 15.5 | 10.3 | 13.8 | 56.1% | 22.8% | 40.9% | 100.0% | 0.3 | |
| $6B | -83.4 | 8.0 | 9.5 | 57.0% | 22.0% | -5.2% | 21.7% | 1.7 | |
| $1B | 15.4 | 10.9 | 11.9 | 47.0% | 8.0% | 25.9% | 11.6% | 4.2 | |
| $3B | 70.1 | 35.1 | 27.0 | 41.1% | 2.7% | 5.0% | 4.9% | 4.8 | |
| $443M | -59.7 | 13.9 | 13.7 | 43.0% | 1.1% | -1.2% | 1.5% | 9.5 | |
| $54B | 20.9 | 12.7 | 16.5 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 | |
| $3B | -5.2 | 56.8 | — | 45.5% | -0.7% | -30.0% | -0.9% | 26.1 | |
| $3B | 20.5 | 15.0 | 16.1 | 50.2% | 6.0% | 10.2% | 8.0% | 3.3 | |
| $7B | 27.1 | 12.3 | 13.4 | 54.8% | 6.3% | 15.3% | 7.3% | 5.6 | |
| $25B | 27.3 | 22.2 | 33.8 | 69.9% | 14.5% | 34.7% | 24.7% | 2.5 | |
| $4B | 145.4 | 29.1 | 6.6 | 57.5% | 7.3% | 0.5% | 6.1% | 17.5 | |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into DECK consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying DECK stock.
Deckers Outdoor Corporation's current P/E ratio is 15.5x. The historical average is 18.4x. This places it at the 37th percentile of its historical range.
Deckers Outdoor Corporation's current EV/EBITDA is 10.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.8x.
Deckers Outdoor Corporation's return on equity (ROE) is 40.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 18.6%.
Based on historical data, Deckers Outdoor Corporation is trading at a P/E of 15.5x. This is at the 37th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Deckers Outdoor Corporation has 56.1% gross margin and 22.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Deckers Outdoor Corporation's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.