Deckers Outdoor Corporation (DECK)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 927,514 | 652,751 | 564,707 | 504,205 | 338,135 |
| Revenue | US$ in thousands | 4,287,760 | 3,627,060 | 3,150,340 | 2,545,640 | 2,132,690 |
| Operating profit margin | 21.63% | 18.00% | 17.93% | 19.81% | 15.85% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $927,514K ÷ $4,287,760K
= 21.63%
Deckers Outdoor Corporation's operating profit margin has shown a positive trend over the past five years, reflecting the company's ability to effectively control its operating expenses relative to its revenue. The margin increased from 15.85% in March 2020 to 21.63% in March 2024, indicating improved efficiency in generating profits from its core business operations. This suggests that the company's management has been successful in enhancing operational performance and cost management strategies. The consistent growth in operating profit margin demonstrates Deckers Outdoor Corporation's ability to maintain and potentially enhance its profitability over time.
Peer comparison
Mar 31, 2024