Deckers Outdoor (DECK) FY2022 results: revenue $3.2 billion, up 23.8% on the year
Deckers Outdoor Corp. (DECK) reported revenue of $3.2 billion for fiscal 2022, the year ended 31 March 2022, up 23.8% on the year before. Net income was $452 million, up 18.1%, and diluted earnings per share $2.71. The figures are the company's own, from the 10-K it filed with the SEC on 27 May 2022.
Revenue
$3.2 billion
+23.8% on the year
FY2015FY2022
Operating margin
17.9%
19.8% a year earlier
FY2015FY2022
Net income
$452 million
+18.1% on the year
FY2015FY2022
Diluted EPS
$2.71
+20.7% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
172
596
286
-71.1%
Capital expenditure
51.0
32.2
32.5
+58.3%
Free cash flow
121
564
254
-78.5%
Free cash flow margin
3.9%
22.2%
11.9%
Cash from investing
-51.0
-32.2
-32.0
Cash from financing
-367
-130
-192
Depreciation and amortisation
42.9
40.5
38.9
+5.8%
Share-based compensation
26.8
22.7
14.5
+18.1%
Buybacks
357
99.1
190
+259.7%
Diluted shares, weighted
167m
170m
172m
-2.2%
Shares outstanding at period end
162m
167m
168m
-3.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,539
1,444
1,140
+6.6%
Short-term borrowings
n/a
0.0
0.6
Debt
0.0
0.0
30.3
Operating lease liabilities
172
176
216
-2.4%
Other liabilities
621
547
378
+13.6%
Total liabilities and equity
2,332
2,168
1,765
+7.6%
Fixed assets
222
206
209
+7.9%
Goodwill
14.0
14.0
14.0
0.0%
Intangible assets
39.7
41.9
48.0
-5.4%
Cash and equivalents
844
1,089
649
-22.6%
Receivables
303
216
186
+40.3%
Inventory
507
278
312
+82.1%
Other assets
403
322
347
+25.1%
Total assets
2,332
2,168
1,765
+7.6%
10-K for the year ended 31 March 2022, filed 27 May 2022: the filing.