Deckers Outdoor Corporation (DECK) Key Metrics
DECK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $11.67B
- Enterprise value
- $9.57B
- P/E (TTM)
- 12.1 10-yr median 20.4
- Forward P/E
- 10.6
- PEG ratio
- 0.98
- Price / sales
- 2.1 10-yr median 2.5
- Price / book
- 4.7 10-yr median 5.4
- EV / EBITDA
- 6.9 10-yr median 11.6
- Dividend yield
- —
- Beta
- 1.12
DECK key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsDECK valuation Price multiples at each fiscal year-end price.
DECK returns How much profit the business earns on the capital it uses.
DECK per-share figures Results divided by the shares outstanding at year-end.
DECK financial health Debt, liquidity and how easily interest is covered.
DECK efficiency & capital use Working capital cycle and where the cash goes.
DECK valuation history
DECK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DECK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DECK cash returned to shareholders
DECK price vs earnings per share
DECK key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $14.59B | $17.07B | $24.52B | $12.00B | $7.61B | $9.39B | $3.84B | $4.40B | $2.88B | $1.93B |
| Enterprise value | $13.06B | $15.46B | $23.28B | $11.26B | $6.99B | $8.52B | $3.49B | $3.84B | $2.48B | $1.67B |
| P/E ratio | 14.3 | 17.7 | 32.3 | 23.2 | 16.8 | 24.5 | 13.9 | 16.6 | 25.2 | 338.5 |
| Price / sales | 2.7 | 3.4 | 5.7 | 3.3 | 2.4 | 3.7 | 1.8 | 2.2 | 1.5 | 1.1 |
| Price / book | 5.8 | 6.8 | 11.6 | 6.8 | 4.9 | 6.5 | 3.4 | 4.2 | 3.1 | 2.0 |
| Price / free cash flow | 13.3 | 17.8 | 26.0 | 26.3 | 62.7 | 16.6 | 15.1 | 13.3 | 9.8 | 12.5 |
| Price / operating cash flow | 12.3 | 16.3 | 23.7 | 22.3 | 44.1 | 15.7 | 13.4 | 12.2 | 8.8 | 9.7 |
| EV / sales | 2.4 | 3.1 | 5.4 | 3.1 | 2.2 | 3.3 | 1.6 | 1.9 | 1.3 | 0.9 |
| EV / EBITDA | 9.3 | 11.8 | 22.4 | 15.7 | 11.5 | 15.5 | 9.1 | 10.1 | 9.1 | 31.6 |
| EV / free cash flow | 11.9 | 16.1 | 24.7 | 24.7 | 57.6 | 15.1 | 13.8 | 11.6 | 8.5 | 10.8 |
| Earnings yield | 7.0% | 5.7% | 3.1% | 4.3% | 5.9% | 4.1% | 7.2% | 6.0% | 4.0% | 0.3% |
| Free cash flow yield | 7.5% | 5.6% | 3.8% | 3.8% | 1.6% | 6.0% | 6.6% | 7.5% | 10.2% | 8.0% |
| Shareholder yield (dividends + buybacks) | 7.4% | 3.3% | 1.7% | 2.6% | 4.9% | 1.1% | 5.1% | 3.8% | 5.5% | 1.1% |
| Share price at fiscal year-end | $100.09 | $111.81 | $156.88 | $74.92 | $45.63 | $55.07 | $22.33 | $24.50 | $15.01 | $9.96 |
| Per share | ||||||||||
| Revenue per share | $37.53 | $32.66 | $27.44 | $22.65 | $18.89 | $14.94 | $12.39 | $11.26 | $9.91 | $9.22 |
| Earnings per share | $7.02 | $6.33 | $4.86 | $3.23 | $2.71 | $2.24 | $1.60 | $1.47 | $0.60 | $0.03 |
| Operating cash flow per share | $8.11 | $6.84 | $6.61 | $3.36 | $1.03 | $3.50 | $1.66 | $2.00 | $1.71 | $1.03 |
| Free cash flow per share | $7.53 | $6.28 | $6.04 | $2.85 | $0.73 | $3.31 | $1.47 | $1.84 | $1.52 | $0.80 |
| Cash per share | $13.08 | $12.37 | $9.61 | $6.13 | $5.06 | $6.39 | $3.77 | $3.29 | $2.24 | $1.50 |
| Book value per share | $17.14 | $16.46 | $13.48 | $11.03 | $9.23 | $8.47 | $6.62 | $5.83 | $4.90 | $4.92 |
| Tangible book value per share | $16.94 | $16.27 | $13.22 | $10.71 | $8.91 | $8.15 | $6.26 | $5.46 | $4.53 | $4.51 |
| Capex per share | $0.58 | $0.56 | $0.57 | $0.51 | $0.31 | $0.19 | $0.19 | $0.16 | $0.18 | $0.23 |
| Debt per share | $2.57 | $1.81 | $1.71 | $1.54 | $1.33 | $1.31 | $1.72 | $0.18 | $0.17 | $0.17 |
| Shares outstanding | 145.8M | 152.7M | 156.3M | 160.1M | 166.7M | 170.4M | 172.2M | 179.4M | 192.0M | 194.1M |
| Change in shares outstanding | −4.5% | −2.3% | −2.4% | −4.0% | −2.2% | −1.0% | −4.0% | −6.5% | −1.1% | −2.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 40.9% | 41.8% | 39.2% | 31.3% | 30.3% | 29.6% | 25.3% | 26.6% | 12.1% | 0.6% |
| Return on invested capital (ROIC) | 104.4% | 103.3% | 75.6% | 52.0% | 60.5% | 56.4% | 43.0% | 51.1% | 18.6% | −0.2% |
| Return on assets (ROA) | 28.0% | 28.5% | 26.7% | 21.1% | 20.1% | 19.5% | 17.3% | 19.6% | 9.3% | 0.5% |
| Return on tangible assets | 28.0% | 26.8% | 24.5% | 20.6% | 19.8% | 18.1% | 16.2% | 19.4% | 9.6% | 0.5% |
| Free cash flow margin | 20.1% | 19.2% | 22.0% | 12.6% | 3.9% | 22.2% | 11.9% | 16.4% | 15.4% | 8.6% |
| Income quality (OCF / net income) | 1.15 | 1.08 | 1.36 | 1.04 | 0.38 | 1.56 | 1.04 | 1.36 | 2.86 | 34.91 |
| Financial health | ||||||||||
| Total debt | $375.2M | $277.0M | $266.9M | $246.5M | $222.1M | $223.0M | $295.7M | $31.5M | $32.1M | $32.6M |
| Cash & short-term investments | $1.91B | $1.89B | $1.50B | $981.8M | $843.5M | $1.09B | $649.4M | $589.7M | $430.0M | $291.8M |
| Net debt | −$1.53B | −$1.61B | −$1.24B | −$735.3M | −$621.5M | −$866.3M | −$353.7M | −$558.2M | −$397.9M | −$259.1M |
| Debt / equity | 0.15 | 0.11 | 0.13 | 0.14 | 0.14 | 0.15 | 0.26 | 0.03 | 0.03 | 0.03 |
| Debt / assets | 0.10 | 0.08 | 0.09 | 0.10 | 0.10 | 0.10 | 0.17 | 0.02 | 0.03 | 0.03 |
| Net debt / EBITDA | −1.09 | −1.23 | −1.19 | −1.03 | −1.02 | −1.58 | −0.92 | −1.47 | −1.45 | −4.89 |
| Current ratio | 3.54 | 3.72 | 3.39 | 3.84 | 3.23 | 3.52 | 3.97 | 4.37 | 4.81 | 5.16 |
| Quick ratio | 2.94 | 3.07 | 2.73 | 2.77 | 2.30 | 2.93 | 2.93 | 3.26 | 3.23 | 3.28 |
| Interest coverage | 499.2 | 335.3 | 361.7 | 189.6 | 271.1 | 83.6 | 67.0 | 70.2 | 48.5 | -0.3 |
| Working capital | $2.05B | $2.09B | $1.72B | $1.41B | $1.21B | $1.18B | $893.2M | $844.9M | $721.5M | $661.8M |
| Invested capital | $967.6M | $900.8M | $872.3M | $1.03B | $917.4M | $577.9M | $786.4M | $486.9M | $542.9M | $695.1M |
| Tangible asset value | $2.47B | $2.48B | $2.07B | $1.71B | $1.49B | $1.39B | $1.08B | $979.6M | $868.9M | $875.1M |
| Net current asset value | $1.66B | $1.74B | $1.42B | $1.12B | $958.7M | $927.3M | $569.1M | $713.3M | $587.1M | $583.3M |
| Graham number | $52.05 | $48.41 | $38.40 | $28.30 | $23.73 | $20.69 | $15.46 | $13.90 | $8.11 | $1.80 |
| Graham net-net per share | $8.25 | $8.58 | $5.97 | $4.29 | $3.26 | $3.94 | $1.89 | $2.69 | $1.90 | $1.76 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $1.08B | $567.0M | $424.9M | $314.1M | $370.7M | $106.6M | $196.6M | $166.7M | $157.8M | $21.0M |
| Dividends + buybacks / free cash flow | 98.3% | 59.2% | 45.0% | 68.8% | 305.5% | 18.9% | 77.4% | 50.5% | 53.9% | 13.6% |
| Capex / revenue | 1.5% | 1.7% | 2.1% | 2.2% | 1.6% | 1.3% | 1.5% | 1.4% | 1.8% | 2.5% |
| Capex / operating cash flow | 7.2% | 8.2% | 8.6% | 15.1% | 29.6% | 5.4% | 11.3% | 8.1% | 10.6% | 22.3% |
| Capex / depreciation | 1.12 | 1.24 | 1.56 | 1.69 | 1.19 | 0.79 | 0.83 | 0.65 | 0.72 | 0.85 |
| Stock-based compensation / revenue | 0.8% | 0.8% | 0.9% | 0.7% | 0.9% | 0.9% | 0.7% | 0.7% | 0.8% | 0.3% |
| R&D / revenue | 1.3% | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% | 1.3% | 1.1% | 1.2% | 1.2% |
| SG&A / revenue | 34.6% | 33.0% | 32.6% | 24.9% | 25.0% | 26.8% | 29.1% | 29.4% | 31.4% | 40.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 23.7 | 25.2 | 25.7 | 31.6 | 31.5 | 29.8 | 32.1 | 29.5 | 31.6 | 37.4 |
| Days of inventory on hand | 77.4 | 84.3 | 96.6 | 105.3 | 92.9 | 91.9 | 104.7 | 107.7 | 112.4 | 114.4 |
| Days payables outstanding | 63.3 | 69.2 | 61.8 | 60.1 | 66.1 | 59.1 | 48.4 | 40.8 | 35.7 | 37.6 |
| Cash conversion cycle (days) | 37.9 | 40.2 | 60.5 | 76.8 | 58.2 | 62.6 | 88.4 | 96.5 | 108.3 | 114.3 |
| Receivables turnover | 15.38 | 14.51 | 14.22 | 11.57 | 11.60 | 12.25 | 11.38 | 12.36 | 11.56 | 9.75 |
| Payables turnover | 5.77 | 5.27 | 5.91 | 6.08 | 5.52 | 6.17 | 7.54 | 8.96 | 10.24 | 9.72 |
| Inventory turnover | 4.71 | 4.33 | 3.78 | 3.47 | 3.93 | 3.97 | 3.49 | 3.39 | 3.25 | 3.19 |
| Asset turnover | 1.49 | 1.47 | 1.51 | 1.48 | 1.40 | 1.29 | 1.34 | 1.50 | 1.55 | 1.45 |
| Average receivables | $355.7M | $343.6M | $301.4M | $313.6M | $271.5M | $207.9M | $187.3M | $163.4M | $164.7M | $183.5M |
| Average payables | $401.2M | $398.2M | $322.1M | $296.5M | $279.6M | $189.8M | $136.4M | $109.5M | $94.9M | $98.2M |
| Average inventory | $491.1M | $484.8M | $503.6M | $519.8M | $392.5M | $294.9M | $295.2M | $289.2M | $299.2M | $299.4M |
| Intangibles / total assets | 0.8% | 0.8% | 1.3% | 2.0% | 2.3% | 2.6% | 3.5% | 4.6% | 5.7% | 6.6% |
Computed from DECK's annual financial statements (latest annual report filed May 22, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
DECK valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), Deckers traded at 14.3 times earnings, against a 10-year median of 20.4. Based on the latest twelve months, the trailing P/E is 12.1 and the forward P/E is 10.6. Deckers earned a return on equity of 40.9% and a return on invested capital of 104.4% in fiscal 2026. It ended the year with $375.2 million of debt and $1.9 billion in cash and short-term investments, a net cash position of $1.5 billion. It returned $1.1 billion to shareholders: $0 in dividends and $1.1 billion in share buybacks, 98% of free cash flow. The share count fell 24.9% from 194.1M to 145.8M over 9 years.
See the DECK income statement, the DECK chart for price history, or the DECK stock overview for the latest quote and news.
DECK key metrics FAQ
What is Deckers's P/E ratio?
Deckers's trailing P/E ratio is 12.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.6. At the end of fiscal 2026 it was 14.3, compared with a 10-year median of 20.4.
What is Deckers's EV/EBITDA?
Deckers's enterprise value was 9.3 times EBITDA at the end of fiscal 2026 (enterprise value $13.1 billion, EBITDA $1.4 billion); the current EV/EBITDA is 6.9.
What is Deckers's return on equity?
Deckers's return on equity (ROE) was 40.9% in fiscal 2026: net income of $1.0 billion on average shareholders' equity of $2.5 billion.
What is Deckers's ROIC?
Deckers's return on invested capital was 104.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Deckers have?
Deckers had total debt of $375.2 million at the end of fiscal 2026, a debt-to-equity ratio of 0.15 and more cash than debt.
Does Deckers buy back its shares?
Yes. Deckers spent $1.1 billion on net share repurchases in fiscal 2026 Shares outstanding changed −4.5% over the year, to 145.8M..
What is Deckers's free cash flow yield?
Deckers generated $1.1 billion of free cash flow in fiscal 2026, a free cash flow yield of 7.5% on its market value at year-end ($14.6 billion).
What is Deckers's current ratio?
Deckers's current ratio was 3.54 at the end of fiscal 2026: current assets were 3.54 times current liabilities.