DECKERS OUTDOOR CORP

DECK· NYSE· Rubber & Plastics Footwear

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
20.1%
ROIC, 5 yr avg
–
Revenue, 5 yr CAGR
+16.5%
We record prices for the companies we cover; DECK is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2026

Market cap
–
Enterprise value
–
Diluted shares
145.8M
Revenue
$5.5B
Free cash flow
$1.1B
Owner earnings
$1.1B

Valuation · FY2026

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2026

Gross
57.7%
Operating
23.1%
Net
18.7%
Free cash flow
20.1%
Owner earnings
19.2%
Stock pay
0.8%

Returns

ROIC, FY2026
–
ROIC, 5 yr avg
–
ROE, FY2026
41.0%
ROE, 5 yr avg
34.8%

Growth (CAGR)

Revenue, 3 yr
14.7%
Revenue, 5 yr
16.5%
Revenue, 9 yr
13.2%
Diluted EPS, 3 yr
29.5%
Diluted EPS, 5 yr
25.6%
Diluted EPS, 9 yr
83.3%
Free cash flow, 3 yr
34.0%
Free cash flow, 5 yr
14.2%
Free cash flow, 9 yr
24.3%

Financial health · FY2026

Cash and investments
$1.9B
Total debt
–
Net cash
–
Debt/Equity
–
Debt/FCF
–

Shareholder returns · FY2026

Dividend yield
–
Payout ratio
–
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
-3.1%

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$5.5B

+13.2% a year over 9 years

FY2017: Revenue $1.8BFY2018: Revenue $1.9BFY2019: Revenue $2.0BFY2020: Revenue $2.1BFY2021: Revenue $2.5BFY2022: Revenue $3.2BFY2023: Revenue $3.6BFY2024: Revenue $4.3BFY2025: Revenue $5.0BFY2026: Revenue $5.5B
FY2017FY2026

Margins

Gross57.7%Operating23.1%Net18.7%

FY2026

FY2017: Gross 46.7%, Operating -0.1%, Net 0.3%FY2018: Gross 48.9%, Operating 11.7%, Net 6.0%FY2019: Gross 51.5%, Operating 16.2%, Net 13.1%FY2020: Gross 51.8%, Operating 15.9%, Net 12.9%FY2021: Gross 54.0%, Operating 19.8%, Net 15.0%FY2022: Gross 51.0%, Operating 17.9%, Net 14.3%FY2023: Gross 50.3%, Operating 18.0%, Net 14.2%FY2024: Gross 55.6%, Operating 21.6%, Net 17.7%FY2025: Gross 57.9%, Operating 23.6%, Net 19.4%FY2026: Gross 57.7%, Operating 23.1%, Net 18.7%
FY2017FY2026

Free cash flow and owner earnings

Free cash flow$1.1BOwner earnings$1.1B

Free cash flow +24.3% a year

FY2017: Free cash flow $154.8M, Owner earnings $148.8MFY2018: Free cash flow $292.5M, Owner earnings $278.2MFY2019: Free cash flow $330.4M, Owner earnings $315.6MFY2020: Free cash flow $253.9M, Owner earnings $239.4MFY2021: Free cash flow $564.0M, Owner earnings $541.3MFY2022: Free cash flow $121.3M, Owner earnings $94.5MFY2023: Free cash flow $456.4M, Owner earnings $429.5MFY2024: Free cash flow $943.8M, Owner earnings $906.5MFY2025: Free cash flow $958.4M, Owner earnings $920.4MFY2026: Free cash flow $1.1B, Owner earnings $1.1B
FY2017FY2026

Diluted shares

145.8M

-24.9% over 9 years, net buybacks

FY2017: Diluted shares 194.1MFY2018: Diluted shares 192.0MFY2019: Diluted shares 179.4MFY2020: Diluted shares 172.2MFY2021: Diluted shares 170.4MFY2022: Diluted shares 166.7MFY2023: Diluted shares 160.1MFY2024: Diluted shares 156.3MFY2025: Diluted shares 152.7MFY2026: Diluted shares 145.8M
FY2017FY2026

Every figure, year by year

Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
The business
Revenue$1.8B$1.9B$2.0B$2.1B$2.5B$3.2B$3.6B$4.3B$5.0B$5.5B
Revenue growth–6.3%6.2%5.6%19.4%23.8%15.1%18.2%16.3%9.8%
Gross margin46.7%48.9%51.5%51.8%54.0%51.0%50.3%55.6%57.9%57.7%
Operating margin-0.1%11.7%16.2%15.9%19.8%17.9%18.0%21.6%23.6%23.1%
Net income$5.7M$114.4M$264.3M$276.1M$382.6M$451.9M$516.8M$759.6M$966.1M$1.0B
Net margin0.3%6.0%13.1%12.9%15.0%14.3%14.2%17.7%19.4%18.7%
Diluted EPS$0.03s$0.60s$1.47s$1.60s$2.25s$2.71s$3.23$4.86$6.33$7.02
Return on invested capital?––––––––––
Cash
Operating cash flow$199.3M$327.4M$359.5M$286.3M$596.2M$172.4M$537.4M$1.0B$1.0B$1.2B
Capital expenditure$44.5M$34.8M$29.1M$32.5M$32.2M$51.0M$81.0M$89.4M$86.2M$84.6M
Free cash flow$154.8M$292.5M$330.4M$253.9M$564.0M$121.3M$456.4M$943.8M$958.4M$1.1B
Stock-based compensation$6.0M$14.3M$14.8M$14.5M$22.7M$26.8M$26.9M$37.3M$37.9M$44.8M
Owner earnings?$148.8M$278.2M$315.6M$239.4M$541.3M$94.5M$429.5M$906.5M$920.4M$1.1B
Free cash flow per share$0.80$1.52$1.84$1.47$3.31$0.73$2.85$6.04$6.28$7.53
Capital allocation
Dividends paid––––––––––
Share repurchases$12.6M$149.7M$161.4M$190.4M$99.1M$356.7M$297.4M$414.9M$567.0M$1.1B
Diluted shares194.1Ms192.0Ms179.4Ms172.2Ms170.4Ms166.7Ms160.1M156.3M152.7M145.8M
Share count change?-2.1%-1.1%-6.5%-4.0%-1.0%-2.2%-4.0%-2.4%-2.3%-4.5%
Balance sheet
Cash and equivalents$291.8M$430.0M$589.7M$649.4M$1.1B$843.5M$981.8M$1.5B$1.9B$1.9B
Short-term investments––––––––––
Total debt––––––––––
Net debt––––––––––
Shareholders' equity$954.3M$940.8M$1.0B$1.1B$1.4B$1.5B$1.8B$2.1B$2.5B$2.5B

Latest filings

All on EDGAR
2026-10-2910-QQuarterly report
2026-10-228-KEarnings release
2026-07-3010-QQuarterly report
2026-07-24DEF 14AProxy statement
2026-07-238-KEarnings release
2026-05-2210-KAnnual report
2026-05-218-KEarnings release
2026-02-0310-QQuarterly report
2026-01-298-KEarnings release
2025-10-3110-QQuarterly report

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