NYSE: DECK
Deckers Brands
Consumer Discretionary · Rubber & Plastics Footwear
52-week range
$77.20$122.29
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$10.4B
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| Period | Market cap |
|---|---|
| FY2017, ended Mar 31, 2017 | $1.91B |
| FY2018, ended Mar 31, 2018 | $2.74B |
| FY2019, ended Mar 31, 2019 | $4.28B |
| FY2020, ended Mar 31, 2020 | $3.75B |
| FY2021, ended Mar 31, 2021 | $9.19B |
| FY2022, ended Mar 31, 2022 | $7.33B |
| FY2023, ended Mar 31, 2023 | $11.8B |
| FY2024, ended Mar 31, 2024 | $23.9B |
| FY2025, ended Mar 31, 2025 | $16.7B |
| FY2026, ended Mar 31, 2026 | $13.9B |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | $10.4B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$5.58B
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| Period | Revenue |
|---|---|
| FY2017, ended Mar 31, 2017 | $1.79B |
| FY2018, ended Mar 31, 2018 | $1.90B |
| FY2019, ended Mar 31, 2019 | $2.02B |
| FY2020, ended Mar 31, 2020 | $2.13B |
| FY2021, ended Mar 31, 2021 | $2.55B |
| FY2022, ended Mar 31, 2022 | $3.15B |
| FY2023, ended Mar 31, 2023 | $3.63B |
| FY2024, ended Mar 31, 2024 | $4.29B |
| FY2025, ended Mar 31, 2025 | $4.99B |
| FY2026, ended Mar 31, 2026 | $5.47B |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | $5.58B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Mar 31, 2017 | $5.71M | $155M |
| FY2018, ended Mar 31, 2018 | $114M | $293M |
| FY2019, ended Mar 31, 2019 | $264M | $330M |
| FY2020, ended Mar 31, 2020 | $276M | $254M |
| FY2021, ended Mar 31, 2021 | $383M | $564M |
| FY2022, ended Mar 31, 2022 | $452M | $121M |
| FY2023, ended Mar 31, 2023 | $517M | $456M |
| FY2024, ended Mar 31, 2024 | $760M | $944M |
| FY2025, ended Mar 31, 2025 | $966M | $958M |
| FY2026, ended Mar 31, 2026 | $1.02B | $1.10B |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | $1.06B | $1.05B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$1.21B
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| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Mar 31, 2017 | $292M |
| FY2018, ended Mar 31, 2018 | $430M |
| FY2019, ended Mar 31, 2019 | $590M |
| FY2020, ended Mar 31, 2020 | $649M |
| FY2021, ended Mar 31, 2021 | $1.09B |
| FY2022, ended Mar 31, 2022 | $844M |
| FY2023, ended Mar 31, 2023 | $982M |
| FY2024, ended Mar 31, 2024 | $1.50B |
| FY2025, ended Mar 31, 2025 | $1.89B |
| FY2026, ended Mar 31, 2026 | $1.91B |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | $1.21B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.—
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| Period | Total debt |
|---|---|
| FY2017, ended Mar 31, 2017 | $550K |
| FY2018, ended Mar 31, 2018 | $578K |
| FY2019, ended Mar 31, 2019 | $603K |
| FY2020, ended Mar 31, 2020 | $638K |
| FY2021, ended Mar 31, 2021 | $0 |
| FY2022, ended Mar 31, 2022 | — |
| FY2023, ended Mar 31, 2023 | — |
| FY2024, ended Mar 31, 2024 | — |
| FY2025, ended Mar 31, 2025 | — |
| FY2026, ended Mar 31, 2026 | — |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | — |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 30.5% since 2017.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.133M
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| Period | Shares outstanding |
|---|---|
| FY2017, ended Mar 31, 2017 | 192M |
| FY2018, ended Mar 31, 2018 | 183M |
| FY2019, ended Mar 31, 2019 | 175M |
| FY2020, ended Mar 31, 2020 | 168M |
| FY2021, ended Mar 31, 2021 | 167M |
| FY2022, ended Mar 31, 2022 | 161M |
| FY2023, ended Mar 31, 2023 | 157M |
| FY2024, ended Mar 31, 2024 | 153M |
| FY2025, ended Mar 31, 2025 | 149M |
| FY2026, ended Mar 31, 2026 | 139M |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | 133M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Net: $1.20B more bought back than issued
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| Period | Bought back | Paid to employees | Sold for cash |
|---|---|---|---|
| FY2017, ended Mar 31, 2017 | $12.6M | $6.01M | — |
| FY2018, ended Mar 31, 2018 | $150M | $14.3M | $0 |
| FY2019, ended Mar 31, 2019 | $161M | $14.8M | $1.02M |
| FY2020, ended Mar 31, 2020 | $190M | $14.5M | $1.29M |
| FY2021, ended Mar 31, 2021 | $99.1M | $22.7M | $1.50M |
| FY2022, ended Mar 31, 2022 | $357M | $26.8M | $1.99M |
| FY2023, ended Mar 31, 2023 | $297M | $26.9M | $2.17M |
| FY2024, ended Mar 31, 2024 | $415M | $37.3M | $2.44M |
| FY2025, ended Mar 31, 2025 | $567M | $37.9M | $3.80M |
| FY2026, ended Mar 31, 2026 | $1.08B | $44.8M | $4.51M |
| Trailing 12 months to Sep 30, 2026 (through Q2 FY2027) | $1.25B | $46.1M | $4.32M |
Revenue (TTM)
$5.58B
+6.3% YoY
Net income (TTM)
$1.06B
+4.4% YoY
Cash
$1.21B
−14.5% YoY
Total debt
—
—
Valuation
At current price- Market Cap
- $10.9B
- P/E
- 10.3×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 2.0×
- Price / Book
- 4.7×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $5.58B
- Revenue Growth YoY
- 6.3%
- Revenue CAGR 3Y
- 14.7%
- Revenue CAGR 5Y
- 16.5%
- EPS Growth YoY
- 11.7%
- Net Income Growth YoY
- 4.4%
Profitability
Trailing 12 months- Gross Margin
- 58.9%
- Operating Margin
- 23.6%
- Net Margin
- 19.0%
- FCF Margin
- 18.9%
- Return on Equity
- 44.3%
Earnings
Trailing 12 months- Net Income
- $1.06B
- EPS (diluted)
- $7.52
- EBITDA
- $1.39B
- Operating Income
- $1.32B
Balance Sheet
As of Sep 30, 2026- Cash and cash equivalents
- $1.21B
- Total Debt
- —. Short- and long-term borrowings, excluding leases
- Net Cash
- —. Cash − total debt
- Total Assets
- $3.95B
- Total Liabilities
- $1.63B
- Shareholders' Equity
- $2.32B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.13B
- Capital Expenditure
- $75.9M
- Free Cash Flow
- $1.05B
Dividends and risk
Last 12 months- Dividend Yield
- 0.0%
- Dividend / Share
- $0.00
- Beta (5Y)
- 1.12
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 6.3% year over year, at $5.58B.
Note
Net margin of 19.0% over the last 12 months.
Strength
Turns 18.9% of revenue into free cash flow.
Strength
Share count is down 8.4% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-Q for the quarter ended Sep 30, 2026 · filed Oct 29, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2026 · 10-K64Mildly positive
64Mildly positive
10-K for the fiscal year ended Mar 31, 2026
Filed May 22, 2026 · Read the filing on EDGAR
- Sales rose 9.8% to $5.47 billion and operating income rose 7.1% to $1.26 billion, slower growth than the prior year.
- International sales jumped 26.8% to $2.28 billion while US sales barely grew, up 0.2%.
- Tariffs and higher overhead costs trimmed operating margin to 23.1%; refunds of tariffs already paid remain uncertain and none are booked.
- The board added $3.5 billion to the share buyback; Deckers holds $1.9 billion cash and no borrowings.
Business momentum
Improving
“The increase in total income from operations, compared to the prior period, was primarily due to higher net sales, partially offset by higher SG&A expenses as a percentage of net sales and slightly lower gross margins driven by tariffs.”
Outlook
Cautious
“We may not realize similar gross margin benefits in our fiscal year ending March 31, 2027 (next fiscal year) due to various factors, including the macroeconomic and geopolitical factors discussed above and the potential impact from our pricing strategies.”
Financial stress
None
“As there were no outstanding balances under our revolving credit facilities as of March 31, 2026”
Tone against the previous report
About the same
Red flags
None found in this report.
Positives
International sales grew strongly
“International net sales increased 26.8% to $2,280,778.”
HOKA kept growing at a double-digit pace
“HOKA brand net sales increased 15.9% to $2,587,330.”
Strong cash generation and a larger buyback
“On May 20, 2026, our Board approved an additional authorization of $3,500,000 to repurchase shares of our common stock”
Concerns
Tariffs are squeezing gross margin
“Gross margin decreased to 57.7% from 57.9%, compared to the prior period, primarily due to incremental tariffs on domestic goods and a slightly unfavorable channel mix”
US sales have nearly stopped growing
“Domestic net sales increased 0.2% to $3,191,518.”
Overhead costs grew faster than sales
“SG&A expenses increased 11.0% to $1,894,823.”
New risks since the previous report
Uncertain tariff refunds after court ruling
“The US Customs and Border Protection have announced a phased process for submitting refund requests; however, the availability, timing, and amount of any refunds remain uncertain.”
Middle East conflict could raise shipping and energy costs
“prolonged or escalating conflicts in the Middle East could disrupt our supply chain and increase energy, transportation, and commodity costs, as well as cause shipping delays”
Switching an overseas logistics partner could disrupt distribution
“we are currently transitioning one of our international 3PLs to a new partner, which may create temporary operational risks”
Errors, data exposure and legal uncertainty from AI tools
“While these technologies may improve efficiency and decision-making, they may not perform as intended and may produce inaccurate, incomplete, or otherwise unreliable outputs”
One customer owes a large share of unpaid invoices
“As of March 31, 2026, one customer represents 18.5% of trade accounts receivable, net, which is generally unsecured and exposes us to collection risk”
Biggest risks named
- Higher tariffs and shifting trade policy on goods made mainly in Vietnam and Indonesia
- Weaker spending on premium products in an economic downturn
- Fast-changing tastes and intense competition targeting HOKA and UGG
- Reliance on two China tanneries and limited suppliers for sheepskin
- Misjudging demand, leading to excess inventory and markdowns or shortages
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | +6 | |
| Outlook | −2 | |
| Tone against the previous report | 0 | |
| Financial stress | +2 | |
| Red flags | 0 | |
| New risks | −2 | |
| Score | 64 | |
Written by AI (Claude Opus 5.5) from the report’s text. 14 of 14 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-Q | Oct 29, 2026 | Pro | |||
| 10-K | May 22, 2026 | 64 | Improving | None | |
| 10-K | May 23, 2025 | 70 | Strong improvement | None | |
| 10-K | May 24, 2024 | 71 | Strong improvement | 1 minor | |
| 10-K | May 26, 2023 | 64 | Improving | None | |
| 10-K | May 27, 2022 | 68 | Strong improvement | None | |
| 10-K | May 28, 2021 | 77 | Strong improvement | None | |
| 10-K | Jun 1, 2020 | 62 | Improving | None | |
| 10-K | May 30, 2019 | 72 | Strong improvement | None | |
| 10-K | May 30, 2018 | 76 | Strong improvement | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q2 FY2027 (period ended Sep 30, 2026), filed Oct 29, 2026. View filings on SEC EDGAR