Deckers Outdoor Corporation (DECK)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 759,563 | 516,822 | 451,949 | 382,575 | 276,142 |
| Revenue | US$ in thousands | 4,287,760 | 3,627,060 | 3,150,340 | 2,545,640 | 2,132,690 |
| Net profit margin | 17.71% | 14.25% | 14.35% | 15.03% | 12.95% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $759,563K ÷ $4,287,760K
= 17.71%
Deckers Outdoor Corporation has shown a consistent performance in terms of net profit margin over the past five years. The company's net profit margin has improved gradually from 12.95% in March 2020 to 17.71% in March 2024. This indicates that Deckers has been effectively managing its expenses and generating higher profits relative to its revenues.
The increase in net profit margin over the years suggests that the company has been successful in controlling its costs and improving operational efficiency, leading to a higher percentage of revenue translating into net income. Investors typically view an increasing net profit margin positively as it reflects improved profitability and operational effectiveness within the company.
Overall, the trend in Deckers Outdoor Corporation's net profit margin indicates a positive financial performance and effective management of its profitability ratios over the years. However, a further analysis of other financial metrics and external factors would provide a more comprehensive understanding of the company's overall financial health.
Peer comparison
Mar 31, 2024