Deckers Outdoor (Deckers Outdoor) EBIT : $933 Mil (TTM As of Dec. 2023)

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What is Deckers Outdoor EBIT?

Deckers Outdoor's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $500 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $933 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deckers Outdoor's annualized ROC % for the quarter that ended in Dec. 2023 was 142.77%. Deckers Outdoor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 225.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deckers Outdoor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.28%.

Deckers Outdoor EBIT Historical Data

The historical data trend for Deckers Outdoor's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deckers Outdoor EBIT Chart

Deckers Outdoor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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333.60

345.91

507.54

566.72

669.52

Deckers Outdoor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															366.46	115.06	82.37	235.33	499.96

Competitive Comparison of Deckers Outdoor's EBIT

For the Footwear & Accessories subindustry, Deckers Outdoor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Deckers Outdoor's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deckers Outdoor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Deckers Outdoor's EV-to-EBIT falls into.

Deckers Outdoor EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $933 Mil.

Deckers Outdoor (NYSE:DECK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Deckers Outdoor's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1951.596 * ( 1 - 21.87% )	/	( (1315.588	+	820.339)	/ 2 )
=	1524.7819548	/	1067.9635
=	142.77 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2848.533	-	709.894	-	( 823.051	-	max(0, 759.39	-	2179.881	+	823.051	))
=	1315.588

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3347.459	-	876.318	-	( 1650.802	-	max(0, 927.442	-	2648.854	+	1650.802	))
=	820.339

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Deckers Outdoor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1999.856	/	( ( (504.55 + max(633.664, 0))	+	(532.994 + max(106.365, 0)) )	/	2 )
=	1999.856	/	( ( 1138.214	+	639.359 )	/	2 )
=	1999.856	/	888.7865
=	225.01 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(487.677	+	726.332	+	129.549)	-	(709.894	+	0	+	0)
=	633.664

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(331.677	+	538.963	+	112.043)	-	(876.318	+	0	+	0)
=	106.365

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Deckers Outdoor's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	932.716	/	21796.458
	=	4.28 %

Deckers Outdoor EBIT Related Terms

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Deckers Outdoor (Deckers Outdoor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Deckers Outdoor Corp (NYSE:DECK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

DO2:Germany

Address

250 Coromar Drive, Goleta, CA, USA, 93117

Website

https://www.deckers.com

Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.

Executives

David Powers	officer: President, Direct to Consumer	495-A SOUTH FAIRVIEW AVE, GOLETA CA 93117
Caroti Stefano	officer: President of Omni Channel	250 COROMAR DRIVE, GOLETA CA 93117
Devine Michael F Iii	director	COACH, 516 W 34TH STREET, NEW YORK NY 1001
Thomas Garcia	officer: SVP, General Counsel	250 COROMAR DRIVE, GOLETA CA 93117
Steven J. Fasching	officer: Chief Financial Officer	250 COROMAR DRIVE, GOLETA CA 93117
Angela Ogbechie	officer: Chief Supply Chain Officer	250 COROMAR DRIVE, GOLETA CA 93117
Lauri M Shanahan	director	C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Anne Spangenberg	officer: President, Fashion Lifestyle	250 COROMAR DRIVE, GOLETA CA 93117
David E. Lafitte	officer: COO	250 COROMAR DRIVE, GOLETA CA 93117
Wendy W Yang	officer: President, PLG	250 COROMAR DRIVE, GOLETA CA 93117
David A Burwick	director	32 AUTUMN LANE, NEW CANAAN CT 06840
Maha Saleh Ibrahim	director	2765 SAND HILL ROAD, MENLO PARK CA 94025
Andrea O'donnell	officer: President, Fashion Lifestyle	250 COROMAR DRIVE, GOLETA CA 93117
Victor Luis	director	10 HUDSON YARDS, NEW YORK NY 10001