Deckers Outdoor Corporation (DECK)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,216,214 | 1,131,325 | 1,046,730 | 978,941 | 929,592 | 795,843 | 690,444 | 666,082 | 633,574 | 561,227 | 559,989 | 564,638 | 535,354 | 570,953 | 571,237 | 501,514 | 465,093 | 393,140 | 362,399 | 340,866 |
| Revenue (ttm) | US$ in thousands | 4,923,585 | 4,656,735 | 4,437,325 | 4,287,769 | 4,119,582 | 3,904,912 | 3,688,616 | 3,627,286 | 3,571,722 | 3,413,832 | 3,260,120 | 3,150,337 | 2,975,518 | 2,865,528 | 2,767,151 | 2,545,642 | 2,359,364 | 2,220,339 | 2,139,019 | 2,132,689 |
| Pretax margin | 24.70% | 24.29% | 23.59% | 22.83% | 22.57% | 20.38% | 18.72% | 18.36% | 17.74% | 16.44% | 17.18% | 17.92% | 17.99% | 19.92% | 20.64% | 19.70% | 19.71% | 17.71% | 16.94% | 15.98% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,216,214K ÷ $4,923,585K
= 24.70%
Deckers Outdoor Corporation's pretax margin has shown a general upward trend from March 31, 2020, to December 31, 2024. The company's pretax margin increased from 15.98% in March 2020 to a peak of 24.70% by December 31, 2024.
There have been fluctuations in the pretax margin over the quarters, with some periods of slight decreases following by recoveries and growth. Notable improvements were seen from June 2023 onwards, with a steady increase in pretax margin reaching its peak by the end of 2024.
Overall, the trend suggests that Deckers Outdoor Corporation has been effectively managing its operating expenses and generating higher pre-tax profits relative to its revenue over the period under review. This improvement in pretax margin indicates the company's ability to efficiently control costs and increase profitability, which can be considered a positive indicator of the company's financial performance.
Peer comparison
Dec 31, 2024