Deckers Outdoor (DECK) Gross Margin (2009 - 2025)
Deckers Outdoor's (DECK) quarterly Gross Margin came in at 59.84% in Q4 2025, down 51.0% on a YoY basis from 122.12% in Q4 2024, and up 6.51% quarter-over-quarter from 56.18% in Q3 2025.
Analysis
Deckers Outdoor (DECK) Gross Margin (2009 - 2025) Analysis & Trends
Deckers Outdoor (DECK) has reported Gross Margin for 17 consecutive years, with 59.84% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 51.0% year-over-year to 59.84%; the trailing twelve-month figure through Dec 2025 stood at 57.54% (down 25.0% YoY), and the FY2025 full-year result was 57.88%, up 225.0% from the prior year.
- Gross Margin climbed to 59.84% in Q4 2025 per DECK's latest filing, from 56.18% in the prior quarter.
- Across five years, Gross Margin topped out at 60.35% in Q4 2024 and bottomed at 47.97% in Q2 2022.
- Historically, Gross Margin has averaged 53.86% across 5 years, with a median of 53.31% in 2023.
- The sharpest annual moves came in 2021 and 2024: Gross Margin slumped 466 bps in 2021, then surged 616 bps in 2024.
- Over 5 years, Gross Margin stood at 52.3% in 2021, then grew by 1 bps to 52.95% in 2022, then climbed by 11 bps to 58.74% in 2023, then rose by 3 bps to 60.35% in 2024, then slipped by 1 bps to 59.84% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 59.84%, 56.18%, and 55.77% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.96 Bn | 47.94 Bn | 5.39 Bn | 49.15% |
| 2 | Deckers Outdoor | 12.21 Bn | 10.30 Bn | - | - |
| 3 | Birkenstock Holding | 6.25 Bn | 5.45 Bn | 493.89 Mn | 59.05% |
| 4 | Crocs | 5.65 Bn | 5.48 Bn | 700.71 Mn | 59.41% |
| 5 | Steven Madden | 3.20 Bn | 3.13 Bn | 309.66 Mn | 46.50% |
| 6 | Wolverine World Wide | 1.70 Bn | 1.57 Bn | 235.30 Mn | 46.47% |
| 7 | Weyco | 433.33 Mn | 337.86 Mn | 43.78 Mn | 70.37% |
| 8 | Caleres | 418.19 Mn | 387.75 Mn | 315.47 Mn | 47.33% |
| 9 | Rocky Brands | 330.52 Mn | 327.89 Mn | 60.80 Mn | 51.37% |
| 10 | Smartbird | 29.76 Mn | -8.13 Mn | 6.19 Mn | 32.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 59.84% |
| Sep 30, 2025 | 56.18% |
| Jun 30, 2025 | 55.77% |
| Mar 31, 2025 | 56.74% |
| Dec 31, 2024 | 60.35% |
| Sep 30, 2024 | 55.92% |
| Jun 30, 2024 | 56.95% |
| Mar 31, 2024 | 56.21% |
| Dec 31, 2023 | 58.74% |
| Sep 30, 2023 | 53.39% |
| Jun 30, 2023 | 51.26% |
| Mar 31, 2023 | 50.05% |
| Dec 31, 2022 | 52.95% |
| Sep 30, 2022 | 48.19% |
| Jun 30, 2022 | 47.97% |
| Mar 31, 2022 | 48.74% |
| Dec 31, 2021 | 52.30% |
| Sep 30, 2021 | 50.85% |
| Jun 30, 2021 | 51.62% |
| Mar 31, 2021 | 53.22% |