Deckers Outdoor Stock Jump Looks Great, But How Secure Is That Gain?
Deckers Outdoor (DECK) stock is up 25.8% in 21 trading days. The rally reflects robust earnings and strong Hoka/Ugg brand performance, but big moves like this often invite a tougher question: is the stock truly resilient when markets reverse?
Before judging its downturn reslience, let’s look at where Deckers Outdoor stands today.
- Size: Deckers Outdoor is a $16 Bil company with $5.1 Bil in revenue currently trading at $104.20.
- Fundamentals: Last 12 month revenue growth of 15.5% and operating margin of 23.6%.
- Liquidity: Has Debt to Equity ratio of 0.02 and Cash to Assets ratio of 0.45
- Valuation: Deckers Outdoor stock is currently trading at P/E multiple of 15.3 and P/EBIT multiple of 11.8
- Has returned (median) 58.1% within a year following sharp dips since 2010. See DECK Dip Buy Analysis.
These metrics point to a Strong operational performance, alongside Moderate valuation – making the stock Attractive. For details, see Buy or Sell DECK Stock
That brings us to the key consideration for investors chasing this rally: how resilient is DECK stock if markets turn south? This is where our downturn resilience framework comes in. Suppose DECK stock falls 20-30% to $73 – can investors comfortably hold on? Turns out, the stock saw an impact slightly better than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.
2022 Inflation Shock
- DECK stock fell 48.4% from a high of $73.32 on 16 September 2021 to $37.80 on 19 May 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 23 March 2023
- Since then, the stock increased to a high of $223.11 on 30 January 2025 , and currently trades at $104.20
| DECK | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -48.4% | -25.4% |
| Time to Full Recovery | 308 days | 464 days |
2020 Covid Pandemic
- DECK stock fell 54.7% from a high of $33.53 on 18 February 2020 to $15.19 on 18 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 2 June 2020
| DECK | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -54.7% | -33.9% |
| Time to Full Recovery | 76 days | 148 days |
2018 Correction
- DECK stock fell 26.2% from a high of $10.16 on 18 January 2017 to $7.50 on 7 February 2017 vs. a peak-to-trough decline of 19.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 26 May 2017
| DECK | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -26.2% | -19.8% |
| Time to Full Recovery | 108 days | 120 days |
2008 Global Financial Crisis
- DECK stock fell 77.1% from a high of $9.16 on 26 December 2007 to $2.10 on 2 March 2009 vs. a peak-to-trough decline of 56.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 18 June 2010
| DECK | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -77.1% | -56.8% |
| Time to Full Recovery | 473 days | 1480 days |
Feeling jittery about DECK stock? Consider portfolio approach.
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