Deckers Outdoor Corporation (DECK)
Return on total capital
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,264,193 | 1,173,787 | 1,077,134 | 981,688 | 901,682 | 897,749 | 771,939 | 677,278 | 665,154 | 587,294 | 519,161 | 517,798 | 522,291 | 552,498 | 589,141 | 589,717 | 520,288 | 471,779 | 397,911 | 365,371 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,513,010 | 2,630,920 | 2,223,240 | 2,074,480 | 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 |
| Return on total capital | 50.31% | 44.62% | 48.45% | 47.32% | 42.79% | 42.66% | 43.00% | 37.58% | 37.67% | 33.20% | 34.25% | 35.17% | 33.94% | 35.31% | 40.25% | 41.56% | 36.03% | 31.04% | 32.01% | 32.14% |
March 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,264,193K ÷ ($—K + $2,513,010K)
= 50.31%
Deckers Outdoor Corporation's return on total capital has shown fluctuations over the periods provided. The return on total capital ranged from 31.04% to 50.31% during the analyzed timeframe.
Initially, there was a slight decrease in return on total capital from 32.14% on June 30, 2020, to 31.04% on December 31, 2020. However, from March 31, 2021, to June 30, 2024, the return on total capital exhibited a positive trend, reaching a peak of 50.31% on March 31, 2025.
The consistent improvement in return on total capital indicates that Deckers Outdoor Corporation was effectively utilizing its capital to generate profits during most of the periods analyzed. This efficient use of capital suggests that the company is generating strong returns relative to the total capital employed, which is a positive indicator for investors and stakeholders.
It is important to note that while the return on total capital showed volatility, the overall increasing trend demonstrates the company's ability to deliver strong returns to its capital providers over the analyzed period.
Peer comparison
Mar 31, 2025