Deckers Outdoor Corporation (DECK)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Operating income (ttm) US$ in thousands 1,149,429 1,070,054 989,585 927,514 889,171 763,932 667,146 652,751 628,130 558,866 559,216 564,707 538,054 573,313 573,736 504,205 466,215 393,326 361,853 338,135
Total assets US$ in thousands 3,964,350 3,398,140 3,306,220 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
Operating ROA 28.99% 31.49% 29.93% 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%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,149,429K ÷ $3,964,350K
= 28.99%

Operating return on assets (ROA) is a key financial ratio that indicates how efficiently a company is generating operating income from its assets. For Deckers Outdoor Corporation, the operating ROA has shown fluctuations over the period from March 31, 2020, to December 31, 2024.

The operating ROA ranged from a low of 19.16% in March 2020 to a high of 31.49% in September 2024. This signifies that the company was able to improve its operating income generation relative to its assets during this period.

There were ups and downs in the operating ROA, with notable increases seen in the first quarter of 2023, where it reached 25.54% and further increased to 31.49% by September 2024. These spikes suggest that Deckers Outdoor Corporation was able to improve its operational efficiency and profitability during these periods.

However, there was a slight decrease in operating ROA from December 2024 to March 2024, dropping from 28.99% to 29.58%. This could indicate a potential decrease in operating income generated from the company's assets during that quarter.

Overall, Deckers Outdoor Corporation has demonstrated fluctuations in its operating ROA during the specified period, with signs of improvement in operating efficiency and profitability, despite occasional declines. Monitoring this ratio over time can provide insights into the company's operational performance and financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating ROA
Deckers Outdoor Corporation
DECK
28.99%
Crocs Inc
CROX
21.24%
Nike Inc
NKE
14.34%