Deckers Outdoor Corporation (DECK)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 927,514 | 889,171 | 763,932 | 667,146 | 652,751 | 628,130 | 558,866 | 559,216 | 564,707 | 538,054 | 573,313 | 573,736 | 504,205 | 466,215 | 393,326 | 361,853 | 338,135 | 353,084 | 342,036 | 335,317 |
| Total assets | US$ in thousands | 3,135,580 | 3,347,460 | 2,848,530 | 2,847,900 | 2,556,200 | 2,809,290 | 2,466,350 | 2,513,250 | 2,332,250 | 2,547,570 | 2,410,430 | 2,291,260 | 2,167,700 | 2,387,850 | 2,050,350 | 1,848,570 | 1,765,120 | 1,888,350 | 1,691,660 | 1,751,060 |
| Operating ROA | 29.58% | 26.56% | 26.82% | 23.43% | 25.54% | 22.36% | 22.66% | 22.25% | 24.21% | 21.12% | 23.78% | 25.04% | 23.26% | 19.52% | 19.18% | 19.57% | 19.16% | 18.70% | 20.22% | 19.15% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $927,514K ÷ $3,135,580K
= 29.58%
Deckers Outdoor Corporation's operating return on assets (operating ROA) has shown a generally positive trend over the past several quarters, indicating efficient utilization of its assets to generate operating income. The operating ROA has ranged from 18.70% to 29.58% over the past 20 quarters, with an average of approximately 22.95%.
The company experienced a significant increase in operating ROA in the latest quarter, with a value of 29.58% as of March 31, 2024, indicating improved profitability relative to the previous quarter. This suggests that Deckers Outdoor Corporation has been able to generate higher operating income relative to its assets in the most recent period.
Overall, the trend in operating ROA for Deckers Outdoor Corporation suggests that the company has been effectively managing its assets to drive profitability and create value for its shareholders. This financial metric reflects the company's operational efficiency and ability to generate income from its assets.
Peer comparison
Mar 31, 2024