Latest revenue
$1.96B
as of 2025-12-31
Latest net income
$481.1M
as of 2025-12-31
Net margin
24.6%
as of 2025-12-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $14.81B
- Enterprise value
- $12.76B
- P/E (trailing)
- 11.9×
- Forward P/E
- —
- P/B
- 5.68×
- Dividend yield
- 0.0%
- 52-wk high
- $126.50
- 52-wk low
- $78.91
- Beta
- —
- Shares out
- 138.9M
5-year trend
dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).
What this company does
Deckers designs and sells footwear, apparel, and accessories under five brands, with HOKA running shoes and UGG sheepskin boots driving the business. The company generates revenue through wholesale distribution to retailers and direct-to-consumer sales via e-commerce and its own stores, while outsourcing all manufacturing to third parties. Deckers is consolidating around its two flagship brands, phasing out standalone Koolaburra and AHNU operations while aggressively buying back stock — $813 million repurchased over nine months versus $301 million a year earlier.
Generated from DECK's filing dated 2025-05-23
Key risks
- Inventory ballooned 28% to $633M (vs March) while sales grew only 7% YoY in Q3, signaling potential markdown/margin risk ahead
- Aggressive buybacks: $813M repurchased in 9 months (vs $301M prior year), reducing share count ~5% and concentrating capital return over reinvestment
- Brand concentration risk intensifying as Koolaburra and AHNU standalone operations are being phased out, leaving HOKA and UGG to drive virtually all growth
Generated from DECK's filing dated 2025-05-23
Profitability
Gross margin
57.9%
4.0%Operating margin
23.6%
9.3%Net margin
24.9%
9.2%Return on equity
49.5%
10.8%Return on assets
34.8%
11.5%Leverage
Debt / equity
0.42×
45.8%Debt / assets
29.6%
32.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q4 2025 2025-12-31 | $1.96B | +7.1% | $481.1M | +5.3% | 24.6% |
Q3 2025 2025-09-30 | $1.43B | +9.1% | $268.2M | +10.7% | 18.7% |
Q2 2025 2025-06-30 | $964.5M | +16.9% | $139.2M | +20.4% | 14.4% |
Q1 2025 2025-03-31 | $1.02B | +6.5% | $428.6M | +23.5% | 41.9% |
Q4 2024 2024-12-31 | $1.83B | +17.1% | $456.7M | +17.1% | 25.0% |
Q3 2024 2024-09-30 | $1.31B | +20.1% | $242.3M | +35.7% | 18.5% |
Q2 2024 2024-06-30 | $825.3M | +22.1% | $115.6M | +81.9% | 14.0% |
Q1 2024 2024-03-31 | $959.8M | — | $346.9M | — | 36.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Rubber & Plastics Footwear · SIC 3021
Your notes
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Insider activity
Insider buying
$200.3K
Insider selling
$1.9M
Net activity
−$1.7M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns DECK
Institutional value
$7.04B
Total shares held
72.4M
Distinct holders
580
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 14.8M | $1.48B | — | New |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 9.2M | $924.1M | — | New |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.8M | $584.9M | — | New |
| 4 | Invesco Ltd. | 3.0M | $300.8M | — | New |
| 5 | UBS Group AG | 2.2M | $221.4M | — | New |
| 6 | Robeco Institutional Asset Management B.V. | 2.0M | $199.0M | — | New |
| 7 | Bank of New York Mellon Corp | 1.8M | $180.5M | — | New |
| 8 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.7M | $174.3M | — | New |
| 9 | FEDERATED HERMES, INC. | 1.7M | $171.0M | — | New |
| 10 | JANE STREET GROUP, LLC | 1.3M | $128.6M | — | New |
| 11 | DIMENSIONAL FUND ADVISORS LP | 1.3M | $126.5M | — | New |
| 12 | TD ASSET MANAGEMENT INC | 1.2M | $124.6M | — | New |
| 13 | DEUTSCHE BANK AG\ | 820.5K | $82.1M | — | New |
| 14 | VANGUARD FIDUCIARY TRUST CO | 819.6K | $82.0M | — | New |
| 15 | Legal & General Group Plc | 787.7K | $78.8M | — | New |
| 16 | Nuveen, LLC | 773.9K | $77.5M | — | New |
| 17 | JPMORGAN CHASE & CO | 801.0K | $76.1M | — | New |
| 18 | Assenagon Asset Management S.A. | 758.2K | $75.9M | — | New |
| 19 | Russell Investments Group, Ltd. | 677.3K | $67.7M | — | New |
| 20 | Allspring Global Investments Holdings, LLC | 668.9K | $67.5M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Inventories jumped 28% to $633M while sales grew only 7% Q3—is this HOKA demand softening or deliberate UGG holiday build?
- 2
You accelerated buybacks to $813M YTD versus $301M last year—why retire stock here instead of preserving capital amid tariff exposure?
- 3
Q3 gross margin compressed roughly 280bps year-over-year to 59.8%—how much is tariff-driven and what's recoverable through FY27 pricing?
Refreshed when DECK files a new report · last from 2025-05-23