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Deckers Outdoor Corp. (DECK) Stock Fundamental Analysis & AI Rating 2026

DECK NYSE Rubber & Plastics Footwear DE CIK: 0000910521
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG BUY
92% Confidence
STRONG AGREEMENT
STRONG BUY
92% Conf
STRONG BUY
92% Conf

📊 DECK Key Takeaways

Revenue: $4.4B
Net Margin: 20.4%
Free Cash Flow: $1.0B
Current Ratio: 2.86x
Debt/Equity: 0.00x
EPS: $6.04
AI Rating: STRONG BUY with 92% confidence
Deckers Outdoor Corp. (DECK) receives a STRONG BUY rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.4B, net profit margin of 20.4%, and return on equity (ROE) of 34.0%, Deckers Outdoor Corp. demonstrates strong fundamentals in the Materials sector. Below is our complete DECK stock analysis for 2026.

Is Deckers Outdoor Corp. (DECK) a Good Investment?

Claude

Deckers demonstrates exceptional financial strength with outstanding profitability metrics (57.7% gross margin, 25.4% operating margin, 20.4% net margin) and impressive growth (16.3% revenue YoY, 30.2% EPS growth). The company generates substantial free cash flow ($1.0B, 23.4% FCF margin) with minimal leverage (0.0x debt/equity) and fortress-like balance sheet ($2.1B cash, 2.86x current ratio), positioning it as a premium operator in footwear with sustainable competitive advantages.

ChatGPT

Deckers shows exceptional fundamental quality, with double-digit revenue growth translating into very high profitability, including 57.7% gross margin, 25.4% operating margin, and 20.4% net margin. The balance sheet is extremely strong with $2.09B of cash, no meaningful leverage indicated, and free cash flow generation of $1.02B, suggesting growth is both efficient and financially resilient.

Why Buy Deckers Outdoor Corp. Stock? DECK Key Strengths

Claude
  • + Exceptional profitability margins across all levels (gross, operating, net) significantly above sector averages
  • + Strong revenue growth (16.3% YoY) coupled with operating leverage driving 30.2% EPS growth
  • + Outstanding cash generation ($1.0B FCF) with minimal capital intensity (CapEx only 1.5% of revenue)
  • + No financial leverage (0.0x debt/equity) with substantial cash reserves ($2.1B) providing strategic flexibility
  • + Superior return metrics (34.0% ROE, 21.7% ROA) indicating efficient capital allocation
  • + Excellent liquidity position (2.86x current ratio, 2.30x quick ratio) with no solvency concerns
ChatGPT
  • + High-quality growth with revenue up 16.3% YoY and diluted EPS up 30.2% YoY
  • + Outstanding profitability, including 57.7% gross margin, 25.4% operating margin, and 34.0% ROE
  • + Exceptional financial health with strong liquidity, substantial cash reserves, and essentially no debt

DECK Stock Risks: Deckers Outdoor Corp. Investment Risks

Claude
  • ! High profitability metrics may face compression if competitive pressures intensify or brand positioning weakens
  • ! Footwear industry exposure to consumer discretionary demand cyclicality and economic slowdown sensitivity
  • ! Significant insider trading activity (14 Form 4 filings in 90 days) warrants monitoring for potential sentiment concerns
  • ! Geographic and channel concentration risks not detailed in available data; reliance on key product lines
  • ! Supply chain vulnerabilities typical to apparel/footwear sector with international manufacturing dependencies
ChatGPT
  • ! Growth may moderate if brand momentum or consumer demand in premium footwear weakens
  • ! High margins can face pressure from promotions, input costs, freight, or channel mix changes
  • ! Some balance sheet and liability details are unavailable, limiting full leverage and obligation analysis

Key Metrics to Watch

Claude
  • * Gross margin sustainability and trend (currently 57.7%)
  • * Revenue growth consistency and acceleration/deceleration patterns
  • * Free cash flow conversion and capital allocation efficiency
  • * Debt/equity ratio for any future leverage increases
  • * Return on equity maintenance above 30% threshold
  • * Insider transaction patterns for any notable accumulation or distribution trends
ChatGPT
  • * Revenue growth versus operating margin to confirm sustained profitable expansion
  • * Free cash flow conversion and cash balance trends to ensure earnings quality remains high

Deckers Outdoor Corp. (DECK) Financial Metrics & Key Ratios

Revenue
$4.4B
Net Income
$888.5M
EPS (Diluted)
$6.04
Free Cash Flow
$1.0B
Total Assets
$4.1B
Cash Position
$2.1B

💡 AI Analyst Insight

The 23.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.86x current ratio provides a solid financial cushion.

DECK Profit Margin, ROE & Profitability Analysis

Gross Margin 57.7%
Operating Margin 25.4%
Net Margin 20.4%
ROE 34.0%
ROA 21.7%
FCF Margin 23.4%

DECK vs Materials Sector: How Deckers Outdoor Corp. Compares

How Deckers Outdoor Corp. compares to Materials sector averages

Net Margin
DECK 20.4%
vs
Sector Avg 10.0%
DECK Sector
ROE
DECK 34.0%
vs
Sector Avg 14.0%
DECK Sector
Current Ratio
DECK 2.9x
vs
Sector Avg 1.6x
DECK Sector
Debt/Equity
DECK 0.0x
vs
Sector Avg 0.6x
DECK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Deckers Outdoor Corp. Stock Overvalued? DECK Valuation Analysis 2026

Based on fundamental analysis, Deckers Outdoor Corp. appears fundamentally strong relative to the Materials sector in 2026.

Return on Equity
34.0%
Sector avg: 14%
Net Profit Margin
20.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Deckers Outdoor Corp. Balance Sheet: DECK Debt, Cash & Liquidity

Current Ratio
2.86x
Quick Ratio
2.30x
Debt/Equity
0.00x
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

DECK Revenue & Earnings Growth: 5-Year Financial Trend

DECK 5-year financial data: Year 2021: Revenue $2.5B, Net Income $264.3M, EPS $8.84. Year 2022: Revenue $3.2B, Net Income $276.1M, EPS $9.62. Year 2023: Revenue $3.6B, Net Income $382.6M, EPS $13.47. Year 2024: Revenue $4.3B, Net Income $451.9M, EPS $16.26. Year 2025: Revenue $5.0B, Net Income $516.8M, EPS $3.23.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Deckers Outdoor Corp.'s revenue has grown significantly by 96% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.23 reflects profitable operations.

DECK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
23.4%
Free cash flow / Revenue

DECK Quarterly Earnings & Performance

Quarterly financial performance data for Deckers Outdoor Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $1.8B $115.6M $3.00
Q2 2026 $1.3B $115.6M $1.59
Q1 2026 $825.3M $115.6M $0.75
Q3 2025 $1.6B $63.6M $2.52
Q2 2025 $1.1B $63.6M $1.14
Q1 2025 $675.8M $63.6M $2.41
Q3 2024 $1.3B $44.8M $10.48
Q2 2024 $875.6M $44.8M $3.80

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Deckers Outdoor Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Stock Buybacks
$813.5M
Shares repurchased (TTM)
Capital Expenditures
$67.5M
Investment in assets
Dividends
None
No dividend program

DECK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Deckers Outdoor Corp. (CIK: 0000910521)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 4 xslF345X05/primary_01.xml View →
Mar 3, 2026 4 xslF345X05/primary_01.xml View →
Mar 3, 2026 4 xslF345X05/primary_01.xml View →
Mar 3, 2026 4 xslF345X05/primary_01.xml View →
Mar 3, 2026 4 xslF345X05/primary_01.xml View →

Frequently Asked Questions about DECK

What is the AI rating for DECK?

Deckers Outdoor Corp. (DECK) has a Combined AI Rating of STRONG BUY from Claude (STRONG BUY) and ChatGPT (STRONG BUY) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DECK's key strengths?

Claude: Exceptional profitability margins across all levels (gross, operating, net) significantly above sector averages. Strong revenue growth (16.3% YoY) coupled with operating leverage driving 30.2% EPS growth. ChatGPT: High-quality growth with revenue up 16.3% YoY and diluted EPS up 30.2% YoY. Outstanding profitability, including 57.7% gross margin, 25.4% operating margin, and 34.0% ROE.

What are the risks of investing in DECK?

Claude: High profitability metrics may face compression if competitive pressures intensify or brand positioning weakens. Footwear industry exposure to consumer discretionary demand cyclicality and economic slowdown sensitivity. ChatGPT: Growth may moderate if brand momentum or consumer demand in premium footwear weakens. High margins can face pressure from promotions, input costs, freight, or channel mix changes.

What is DECK's revenue and growth?

Deckers Outdoor Corp. reported revenue of $4.4B.

Does DECK pay dividends?

Deckers Outdoor Corp. does not currently pay dividends.

Where can I find DECK SEC filings?

Official SEC filings for Deckers Outdoor Corp. (CIK: 0000910521) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DECK's EPS?

Deckers Outdoor Corp. has a diluted EPS of $6.04.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DECK a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Deckers Outdoor Corp. has a STRONG BUY rating with 92% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is DECK stock overvalued or undervalued?

Valuation metrics for DECK: ROE of 34.0% (sector avg: 14%), net margin of 20.4% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy DECK stock in 2026?

Our dual AI analysis gives Deckers Outdoor Corp. a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is DECK's free cash flow?

Deckers Outdoor Corp.'s operating cash flow is $1.1B, with capital expenditures of $67.5M. FCF margin is 23.4%.

How does DECK compare to other Materials stocks?

Vs Materials sector averages: Net margin 20.4% (avg: 10%), ROE 34.0% (avg: 14%), current ratio 2.86 (avg: 1.6).

Why is DECK's return on equity (ROE) so high?

Deckers Outdoor Corp. has a return on equity of 34.0%, significantly above the Materials sector average of 14%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 20.4% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI