Deckers Outdoor Corporation — Earnings Quality Grade A
DECK · Consumer Cyclical
Strong financial health
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 24 days, change -1 days YoY
AR growth 12.2% vs revenue growth 16.3%
Revenue grew 16.3% but CFFO only 1.1%
Expense Quality
Inventory 4.4% vs COGS 10.4%. Normal
CapEx growth -3.6% vs revenue 16.3%. Normal
SG&A/Gross Profit = 59.1%. Normal
Gross margin 57.9%, change +2.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.08. Profits backed by cash
FCF $1.0B, FCF/NI = 0.99
Accruals ratio = -2.2%. Low accruals
Cash $1.9B covers debt $0.3B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 1% of equity. Manageable
Debt/EBITDA = 0.2x. Healthy
Other assets -21.9% vs revenue 16.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -28% YoY. Normal
Manipulation Score
M-Score = -2.57 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10