Deckers Outdoor (MIL:1DECK) Debt-to-EBITDA : 0.49 (As of Mar. 2026) — 58% Above Median

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MIL:1DECK Deckers Outdoor Corp MIL:1DECK
77 GF Score
Price €91.64
GF Value €132.66
Valuation Significantly Undervalued
View Full Analysis

What is Deckers Outdoor Debt-to-EBITDA?

Deckers Outdoor MIL:1DECK 77 Debt-to-EBITDA is 0.49 as of Mar. 2026, which is 58% above its 10-year median of 0.31. GuruFocus rates MIL:1DECK with a GF Score™ of 77/100 and a GF Value™ of €132.66 (Significantly Undervalued). Among 806 Manufacturing - Apparel & Accessories companies, Deckers Outdoor ranks better than 91.56% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Deckers Outdoor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €73 Mil. Deckers Outdoor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €252 Mil. Deckers Outdoor's annualized EBITDA for the quarter that ended in Mar. 2026 was €667 Mil. Deckers Outdoor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.49.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Deckers Outdoor's Debt-to-EBITDA or its related term are showing as below:

MIL:1DECK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.31   Max: 0.77
Current: 0.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Deckers Outdoor was 0.77. The lowest was 0.08. And the median was 0.31.

MIL:1DECK's Debt-to-EBITDA is ranked better than
91.56% of 806 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.715 vs MIL:1DECK: 0.27

Deckers Outdoor  (MIL:1DECK) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Deckers Outdoor Debt-to-EBITDA Related Terms


Deckers Outdoor Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Deckers Outdoor's Debt-to-EBITDA 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.

Deckers Outdoor Debt-to-EBITDA Chart

Deckers Outdoor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.34 0.26 0.21 0.27

Deckers Outdoor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.38 0.24 0.13 0.49

MIL:1DECK vs ONON, BIRK, CROX: Debt-to-EBITDA Comparison

For the Footwear & Accessories subindustry, Deckers Outdoor's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

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

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


MIL:1DECK
77GF Score
Deckers Outdoor Corp MIL:1DECK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deckers Outdoor Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Deckers Outdoor's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(72.6 + 251.942) / 1215.03
=0.27

Deckers Outdoor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(72.6 + 251.942) / 666.596
=0.49

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.49 mean?
Deckers Outdoor (MIL:1DECK) has a Debt-to-EBITDA of 0.49 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Deckers Outdoor. This is 58% above median its historical median of 0.31. Over the past decade, Deckers Outdoor's Debt-to-EBITDA has ranged from 0.08 to 0.77. According to the industry distribution chart, Deckers Outdoor ranks #68 out of 806 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.4%.
Is Deckers Outdoor's Debt-to-EBITDA too high?
Deckers Outdoor's current Debt-to-EBITDA of 0.49 is 58% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.77. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Deckers Outdoor's value of 0.49 is 82% below this industry median. Based on the distribution chart, Deckers Outdoor ranks #68 out of 806 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Deckers Outdoor has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's Debt-to-EBITDA compare to ONON and BIRK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Deckers Outdoor ranks #68 out of 806 companies for Debt-to-EBITDA. This places Deckers Outdoor in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.72. Deckers Outdoor's value of 0.49 is 82% below this benchmark. Historically, Deckers Outdoor's own Debt-to-EBITDA has ranged from 0.08 to 0.77 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 2.72, Deckers Outdoor has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deckers Outdoor's current Debt-to-EBITDA of 0.49 is 82% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Deckers Outdoor. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deckers Outdoor's current Debt-to-EBITDA is 0.49, which is 58% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (MIL:1DECK) is currently considered Significantly Undervalued. The stock's GF Value™ is €132.66, compared to a current price of €91.64 — trading 30.9% below its estimated fair value. The current Debt-to-EBITDA is 0.49, which is 58% above median its 10-year median of 0.31 and 82% below the Manufacturing - Apparel & Accessories industry median of 2.72. Deckers Outdoor's overall GF Score™ is 77/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Deckers Outdoor (MIL:1DECK), the current Debt-to-EBITDA is 0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deckers Outdoor (MIL:1DECK) Overvalued in 2026?

Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued. The current stock price of €91.64 is trading 30.9% below its estimated GF Value™ of €132.66. GuruFocus considers Deckers Outdoor to be Significantly Undervalued.

Key valuation signals for MIL:1DECK:

  • Debt-to-EBITDA: 0.49 (58% above median its 10-year median of 0.31)
  • GF Value™: €132.66 vs. price of €91.64 (30.9% below fair value)
  • GF Score™: 77/100
  • Industry Position: 82% below the Manufacturing - Apparel & Accessories median (#68 of 806)

No single metric tells the full story. See the MIL:1DECK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deckers Outdoor Business Description

Address 250 Coromar Drive, Goleta, CA, USA, 93117
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
77GF Score

Get the complete analysis for MIL:1DECK

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.64
Price
€132.66
GF Value