Deckers Outdoor Corporation (DECK)
Gross profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,385,488 | 2,242,180 | 2,038,140 | 1,877,042 | 1,825,370 | 1,787,941 | 1,696,633 | 1,641,800 | 1,607,551 | 1,547,462 | 1,540,138 | 1,492,027 | 1,374,090 | 1,268,438 | 1,162,173 | 1,116,220 | 1,103,673 | 1,113,980 | 1,076,441 | 1,055,304 |
| Revenue (ttm) | US$ in thousands | 4,287,769 | 4,119,582 | 3,904,912 | 3,688,616 | 3,627,286 | 3,571,722 | 3,413,832 | 3,260,120 | 3,150,337 | 2,975,518 | 2,865,528 | 2,767,151 | 2,545,642 | 2,359,364 | 2,220,339 | 2,139,019 | 2,132,689 | 2,151,909 | 2,086,974 | 2,046,682 |
| Gross profit margin | 55.63% | 54.43% | 52.19% | 50.89% | 50.32% | 50.06% | 49.70% | 50.36% | 51.03% | 52.01% | 53.75% | 53.92% | 53.98% | 53.76% | 52.34% | 52.18% | 51.75% | 51.77% | 51.58% | 51.56% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,385,488K ÷ $4,287,769K
= 55.63%
Deckers Outdoor Corporation has shown a fluctuating trend in its gross profit margin over the past few quarters. The gross profit margin, which represents the percentage of revenue that exceeds the cost of goods sold, stood at 55.63% as of March 31, 2024, marking an improvement from the previous quarter. However, the gross profit margin has generally been on a slightly downward trajectory since its peak of 53.92% in the third quarter of 2021.
Despite some fluctuations, Deckers Outdoor Corporation has maintained a gross profit margin above 50% consistently, indicating efficient cost management and pricing strategies. Investors may want to further investigate the factors contributing to the fluctuations in the gross profit margin to assess the company's overall financial health and profitability.
Peer comparison
Mar 31, 2024
See also:
Deckers Outdoor Corporation Gross Profit Margin (Quarterly Data)