Deckers Outdoor Corporation (DECK)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 759,563 | 723,805 | 612,548 | 535,525 | 516,822 | 493,854 | 448,135 | 448,674 | 451,949 | 416,588 | 439,181 | 438,672 | 382,575 | 365,207 | 311,264 | 287,520 | 276,142 | 284,021 | 278,802 | 275,364 |
| Total stockholders’ equity | US$ in thousands | 2,107,470 | 2,104,190 | 1,795,130 | 1,802,120 | 1,765,730 | 1,769,170 | 1,515,840 | 1,472,410 | 1,538,820 | 1,564,740 | 1,463,750 | 1,418,990 | 1,444,220 | 1,520,120 | 1,242,960 | 1,136,930 | 1,140,120 | 1,123,750 | 916,304 | 995,279 |
| ROE | 36.04% | 34.40% | 34.12% | 29.72% | 29.27% | 27.91% | 29.56% | 30.47% | 29.37% | 26.62% | 30.00% | 30.91% | 26.49% | 24.02% | 25.04% | 25.29% | 24.22% | 25.27% | 30.43% | 27.67% |
March 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $759,563K ÷ $2,107,470K
= 36.04%
Deckers Outdoor Corporation's return on equity (ROE) has shown a generally positive trend over the past several quarters, indicating efficient utilization of shareholders' equity to generate profit. The ROE has ranged from 24.02% to 36.04% over the periods analyzed.
The significant increase in ROE from 24.02% in December 2020 to 36.04% in March 2024 is notable and suggests improved financial performance and shareholder value creation. It indicates that the company has been able to generate higher profits relative to the equity invested by shareholders.
However, there have been some fluctuations in ROE, with minor decreases in between the periods. Despite these fluctuations, the ROE has generally remained at healthy levels above 25%, indicating that Deckers Outdoor Corporation has been effectively leveraging its equity to generate returns for shareholders.
Overall, the trend in ROE for Deckers Outdoor Corporation reflects a positive performance in terms of profitability and efficiency in utilizing shareholder funds to generate earnings.
Peer comparison
Mar 31, 2024
See also:
Deckers Outdoor Corporation Return on Equity (ROE) (Quarterly Data)