Deckers Outdoor Corporation (DECK)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,246,820 | 981,505 | 669,524 | 566,721 | 507,542 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,513,010 | 2,107,470 | 1,765,730 | 1,538,820 | 1,444,220 |
| Return on total capital | 49.61% | 46.57% | 37.92% | 36.83% | 35.14% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,246,820K ÷ ($—K + $2,513,010K)
= 49.61%
Deckers Outdoor Corporation has seen a consistent increase in its return on total capital over the past five years. The return on total capital has steadily improved from 35.14% as of March 31, 2021, to 49.61% as of March 31, 2025. This upward trend indicates that the company has been effectively utilizing its overall capital resources to generate profits.
The company's return on total capital has shown significant growth, with a notable jump between March 31, 2023, and March 31, 2024, where it increased from 37.92% to 46.57%. This surge suggests that Deckers Outdoor Corporation has been able to enhance its operational efficiency and profitability within a relatively short period.
Overall, the trend in return on total capital for Deckers Outdoor Corporation reflects positively on its financial management and operational performance. A consistent improvement in this ratio indicates that the company has been successful in maximizing returns for its investors while efficiently deploying its capital resources to drive growth and profitability.
Peer comparison
Mar 31, 2025