Deckers Outdoor Corporation (DECK)

Pretax margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	978,941	666,082	564,638	501,514	340,866
Revenue	US$ in thousands	4,287,760	3,627,060	3,150,340	2,545,640	2,132,690
Pretax margin		22.83%	18.36%	17.92%	19.70%	15.98%

March 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $978,941K ÷ $4,287,760K
= 22.83%

Deckers Outdoor Corporation's pretax margin has shown a consistent upward trend over the past five years, indicating that the company has been effectively managing its operating expenses and generating stronger profits before taxes relative to its revenue. The pretax margin increased from 15.98% in 2020 to 22.83% in 2024, reflecting an improvement in the company's ability to control costs and boost profitability. This upward trajectory suggests better operational efficiency and financial performance, positioning Deckers Outdoor Corporation favorably in terms of profitability in recent years.

Peer comparison

Mar 31, 2024

Company name

Symbol

Pretax margin

Deckers Outdoor Corporation

DECK

22.83%