Net Profit Margin
since 2005
Calculation
Deckers Outdoor Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | 14.25% | = | 100 | × | 516,822) | ÷ | 3,627,286) |
| Mar 31, 2022 | 14.35% | = | 100 | × | 451,949) | ÷ | 3,150,339) |
| Mar 31, 2021 | 15.03% | = | 100 | × | 382,575) | ÷ | 2,545,641) |
| Mar 31, 2020 | 12.95% | = | 100 | × | 276,142) | ÷ | 2,132,689) |
| Mar 31, 2019 | 13.08% | = | 100 | × | 264,308) | ÷ | 2,020,437) |
| Mar 31, 2018 | 6.01% | = | 100 | × | 114,394) | ÷ | 1,903,339) |
| Mar 31, 2017 | 0.32% | = | 100 | × | 5,710) | ÷ | 1,790,147) |
| Mar 31, 2016 | 6.52% | = | 100 | × | 122,265) | ÷ | 1,875,197) |
| Mar 31, 2015 | 8.90% | = | 100 | × | 161,780) | ÷ | 1,817,057) |
| Dec 31, 2014 | -0.91% | = | 100 | × | (2,685) | ÷ | 294,716) |
| Dec 31, 2013 | 9.36% | = | 100 | × | 145,689) | ÷ | 1,556,618) |
| Dec 31, 2012 | 9.12% | = | 100 | × | 129,014) | ÷ | 1,414,398) |
| Dec 31, 2011 | 14.45% | = | 100 | × | 199,052) | ÷ | 1,377,283) |
| Dec 31, 2010 | 15.81% | = | 100 | × | 158,235) | ÷ | 1,000,989) |
| Dec 31, 2009 | 14.36% | = | 100 | × | 116,786) | ÷ | 813,177) |
| Dec 31, 2008 | 10.73% | = | 100 | × | 73,948) | ÷ | 689,445) |
| Dec 31, 2007 | 14.80% | = | 100 | × | 66,437) | ÷ | 448,929) |
| Dec 31, 2006 | 10.05% | = | 100 | × | 30,609) | ÷ | 304,423) |
| Dec 31, 2005 | 12.03% | = | 100 | × | 31,845) | ÷ | 264,760) |
Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The financial data reveals significant trends in net income, net sales, and net profit margin over the analyzed periods. Net sales show a general upward trajectory, with occasional fluctuations. Starting from approximately $265 million at the end of 2005, net sales experienced consistent growth, peaking at over $3.6 billion by March 31, 2023. A notable decline is observed in the quarter ending December 31, 2014, where net sales dropped sharply to around $295 million, but this appears to be an anomaly given the rapid recovery and subsequent growth in following periods.
Net income exhibits a strong growth pattern as well, increasing from about $31.8 million at the end of 2005 to over $516 million by the first quarter of 2023. There is a discernible dip at the end of 2014, where net income turned negative (-$2.7 million), aligning with the sales anomaly during the same period. Following this decline, net income levels recovered steadily and showed remarkable growth, surpassing previous peaks considerably in later years.
Regarding net profit margin, the data indicates variability across the timeline. Initial margins hovered around 10-15%, with a peak at 15.81% in 2010. Subsequently, margins declined, reaching a low of -0.91% in the quarter ending December 31, 2014, coinciding with the negative net income and drop in net sales. Post-2014, profit margins rebounded and stabilized mostly between 6% and 15%, maintaining healthy profitability ratios despite some fluctuations. The margin at the most recent date, March 31, 2023, stands at approximately 14.25%, indicative of sustained profitability strength.
Overall, the company demonstrates robust growth in both sales and income over the period, punctuated by a temporary contraction in late 2014. Profit margins illustrate resilience with recovery after downturns, suggesting effective management of costs relative to revenue. The upward trends in net income and sales culminating in recent years suggest solid financial health and expansion capacity.
Comparison to Competitors
Deckers Outdoor Corp., net profit margin, long-term trends, comparison to competitors
| Deckers Outdoor Corp. | lululemon athletica inc. | Nike Inc. | |
|---|---|---|---|
| Mar 31, 2023 | 14.25% | 10.54% | 9.90% |
| Mar 31, 2022 | 14.35% | 15.59% | 12.94% |
| Mar 31, 2021 | 15.03% | 13.38% | 12.86% |
| Mar 31, 2020 | 12.95% | 16.22% | 6.79% |
| Mar 31, 2019 | 13.08% | 14.71% | 10.30% |
| Mar 31, 2018 | 6.01% | 9.76% | 5.31% |
| Mar 31, 2017 | 0.32% | 12.94% | 12.34% |
| Mar 31, 2016 | 6.52% | 12.91% | 11.61% |
| Mar 31, 2015 | 8.90% | 13.30% | 10.70% |
| Dec 31, 2014 | -0.91% | 17.57% | 9.69% |
| Dec 31, 2013 | 9.36% | 19.74% | 9.82% |
| Dec 31, 2012 | 9.12% | 18.39% | 9.21% |
| Dec 31, 2011 | 14.45% | 17.12% | 10.22% |
| Dec 31, 2010 | 15.81% | 12.87% | 10.03% |
| Dec 31, 2009 | 14.36% | 11.14% | 7.75% |
| Dec 31, 2008 | 10.73% | 11.23% | 10.11% |
| Dec 31, 2007 | 14.80% | — | 9.14% |
| Dec 31, 2006 | 10.05% | — | 9.31% |
| Dec 31, 2005 | 12.03% | — | 8.82% |
Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Consumer Durables & Apparel)
Deckers Outdoor Corp., net profit margin, long-term trends, comparison to sector (consumer durables & apparel)
| Deckers Outdoor Corp. | Consumer Durables & Apparel | |
|---|---|---|
| Mar 31, 2023 | 14.25% | 9.99% |
| Mar 31, 2022 | 14.35% | 13.26% |
| Mar 31, 2021 | 15.03% | 12.91% |
| Mar 31, 2020 | 12.95% | 7.70% |
| Mar 31, 2019 | 13.08% | 10.64% |
| Mar 31, 2018 | 6.01% | 5.61% |
| Mar 31, 2017 | 0.32% | 12.38% |
| Mar 31, 2016 | 6.52% | 11.69% |
| Mar 31, 2015 | 8.90% | 10.84% |
| Dec 31, 2014 | -0.91% | 10.11% |
| Dec 31, 2013 | 9.36% | 10.33% |
| Dec 31, 2012 | 9.12% | 9.58% |
| Dec 31, 2011 | 14.45% | 10.45% |
| Dec 31, 2010 | 15.81% | 10.09% |
| Dec 31, 2009 | 14.36% | 7.81% |
| Dec 31, 2008 | 10.73% | 10.13% |
| Dec 31, 2007 | 14.80% | 9.14% |
| Dec 31, 2006 | 10.05% | 9.31% |
| Dec 31, 2005 | 12.03% | 8.82% |
Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Deckers Outdoor Corp., net profit margin, long-term trends, comparison to industry (consumer discretionary)
| Deckers Outdoor Corp. | Consumer Discretionary | |
|---|---|---|
| Mar 31, 2023 | 14.25% | 7.84% |
| Mar 31, 2022 | 14.35% | 5.02% |
| Mar 31, 2021 | 15.03% | 9.12% |
| Mar 31, 2020 | 12.95% | 5.18% |
| Mar 31, 2019 | 13.08% | 5.92% |
| Mar 31, 2018 | 6.01% | 6.19% |
| Mar 31, 2017 | 0.32% | 4.38% |
| Mar 31, 2016 | 6.52% | 5.77% |
| Mar 31, 2015 | 8.90% | 6.37% |
| Dec 31, 2014 | -0.91% | 4.66% |
| Dec 31, 2013 | 9.36% | 5.29% |
| Dec 31, 2012 | 9.12% | 5.32% |
| Dec 31, 2011 | 14.45% | 8.80% |
| Dec 31, 2010 | 15.81% | 5.80% |
| Dec 31, 2009 | 14.36% | 4.94% |
| Dec 31, 2008 | 10.73% | 0.22% |
| Dec 31, 2007 | 14.80% | 3.23% |
| Dec 31, 2006 | 10.05% | 0.73% |
| Dec 31, 2005 | 12.03% | 4.49% |
Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).