Deckers Outdoor Corporation (DECK)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 357,764 | 345,828 | 338,380 |
| Revenue (ttm) | US$ in thousands | 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 | 2,151,909 | 2,086,974 | 2,046,682 |
| Pretax margin | 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% | 16.63% | 16.57% | 16.53% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $978,941K ÷ $4,287,769K
= 22.83%
Deckers Outdoor Corporation's pretax margin has shown fluctuations over the past 20 quarters. The pretax margin, which reflects the company's efficiency in controlling expenses in relation to its operating income, ranged from a low of 15.98% to a high of 22.83% during this period.
Overall, there seems to be a positive trend in the pretax margin, with an average of approximately 18.74% over the period analyzed. There is evidence of some volatility, with fluctuations occurring quarter to quarter. It is observed that the pretax margin has generally been on an upward trend since the previous year, peaking at 22.83% in the most recent quarter. This indicates that Deckers Outdoor Corporation has been effectively managing its expenses to generate higher pre-tax profits compared to its operating income.
Further analysis of the factors contributing to these fluctuations in the pretax margin, such as changes in revenue, costs, and operating efficiency, would provide a more in-depth understanding of Deckers Outdoor Corporation's financial performance.
Peer comparison
Mar 31, 2024