Operating Profit Margin
since 2005
Calculation
Deckers Outdoor Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income (loss) from operations1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | 18.00% | = | 100 | × | 652,751) | ÷ | 3,627,286) |
| Mar 31, 2022 | 17.93% | = | 100 | × | 564,707) | ÷ | 3,150,339) |
| Mar 31, 2021 | 19.81% | = | 100 | × | 504,205) | ÷ | 2,545,641) |
| Mar 31, 2020 | 15.85% | = | 100 | × | 338,135) | ÷ | 2,132,689) |
| Mar 31, 2019 | 16.20% | = | 100 | × | 327,320) | ÷ | 2,020,437) |
| Mar 31, 2018 | 11.69% | = | 100 | × | 222,584) | ÷ | 1,903,339) |
| Mar 31, 2017 | -0.11% | = | 100 | × | (1,919) | ÷ | 1,790,147) |
| Mar 31, 2016 | 8.65% | = | 100 | × | 162,127) | ÷ | 1,875,197) |
| Mar 31, 2015 | 12.35% | = | 100 | × | 224,419) | ÷ | 1,817,057) |
| Dec 31, 2014 | -0.14% | = | 100 | × | (408) | ÷ | 294,716) |
| Dec 31, 2013 | 13.36% | = | 100 | × | 207,897) | ÷ | 1,556,618) |
| Dec 31, 2012 | 13.22% | = | 100 | × | 186,948) | ÷ | 1,414,398) |
| Dec 31, 2011 | 20.68% | = | 100 | × | 284,838) | ÷ | 1,377,283) |
| Dec 31, 2010 | 24.88% | = | 100 | × | 249,088) | ÷ | 1,000,989) |
| Dec 31, 2009 | 22.29% | = | 100 | × | 181,247) | ÷ | 813,177) |
| Dec 31, 2008 | 16.96% | = | 100 | × | 116,919) | ÷ | 689,445) |
| Dec 31, 2007 | 23.51% | = | 100 | × | 105,553) | ÷ | 448,929) |
| Dec 31, 2006 | 16.90% | = | 100 | × | 51,442) | ÷ | 304,423) |
| Dec 31, 2005 | 19.74% | = | 100 | × | 52,268) | ÷ | 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 analyzed financial data reveals distinct trends and fluctuations in the company's operational performance over the time periods presented.
- Income (loss) from operations
- The operational income exhibits an overall growth trajectory from 52,268 thousand US dollars in 2005 to 652,751 thousand US dollars in the latest period, March 31, 2023. Notably, there are periods with significant increases such as the jump from 116,919 thousand in 2008 to 181,247 thousand in 2009, and from 222,584 thousand in 2018 to 327,320 thousand in 2019. Conversely, the data shows some volatility with a negative operating income reported at December 31, 2014 (-408 thousand) and March 31, 2017 (-1,919 thousand), indicating episodic operational challenges during these periods.
- Net sales
- Net sales depict a robust and consistent upward trend, increasing from 264,760 thousand US dollars in 2005 to 3,627,286 thousand US dollars by March 31, 2023. The data highlights significant accelerations in sales, especially from 2006 onwards, with sales more than doubling between 2007 and 2008, and again showing sharp increases post-2016. The steady increase suggests strong revenue growth and possibly expansion in market reach or product offerings.
- Operating profit margin
- The operating profit margin demonstrates considerable variability across the years. Initially, margins fluctuate with a peak at 23.51% in 2007 followed by a decline to as low as -0.14% in 2014, indicating a period of operational inefficiencies or higher costs relative to sales. Post-2014, margins generally recover and stabilize around the mid to high teens percentage-wise, with figures like 19.81% in 2021 and maintaining levels close to 18% through to March 2023. These movements suggest that while the company experienced phases of income pressure, it managed to restore operational profitability in the recent years.
In summary, the company's financial trajectory is characterized by strong growth in net sales supported by increasing income from operations over the longer term, despite some intermittent operational setbacks. The operating profit margin shows a pattern of volatility but stabilizes towards favorable levels in the most recent periods, indicating improved cost management or pricing strategies aligned with the expanding revenue base.
Comparison to Competitors
Deckers Outdoor Corp., operating profit margin, long-term trends, comparison to competitors
| Deckers Outdoor Corp. | lululemon athletica inc. | |
|---|---|---|
| Mar 31, 2023 | 18.00% | 16.38% |
| Mar 31, 2022 | 17.93% | 21.31% |
| Mar 31, 2021 | 19.81% | 18.63% |
| Mar 31, 2020 | 15.85% | 22.34% |
| Mar 31, 2019 | 16.20% | 21.46% |
| Mar 31, 2018 | 11.69% | 17.21% |
| Mar 31, 2017 | -0.11% | 17.96% |
| Mar 31, 2016 | 8.65% | 17.91% |
| Mar 31, 2015 | 12.35% | 20.92% |
| Dec 31, 2014 | -0.14% | 24.60% |
| Dec 31, 2013 | 13.36% | 27.47% |
| Dec 31, 2012 | 13.22% | 28.67% |
| Dec 31, 2011 | 20.68% | 25.35% |
| Dec 31, 2010 | 24.88% | 19.11% |
| Dec 31, 2009 | 22.29% | 16.00% |
| Dec 31, 2008 | 16.96% | 18.25% |
| Dec 31, 2007 | 23.51% | — |
| Dec 31, 2006 | 16.90% | — |
| Dec 31, 2005 | 19.74% | — |
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).