DECK vs. SKX

Last updated Aug 1, 2026

DECK (Deckers Outdoor Corporation) and SKX (Skechers U.S.A., Inc.) are both stocks. Both operate in the Footwear & Accessories industry within the Consumer Cyclical sector. Their 0.37 correlation means their historical movements had little consistent relationship.

Performance

DECK vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Deckers Outdoor Corporation (DECK) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DECK

• 1D: -2.82%
• 1M: -7.46%
• 6M: -18.82%
• YTD: -6.55%
• 1Y: -6.26%
• 3Y*: 2.34%
• 5Y*: 7.19%
• 10Y*: 24.99%
• ALL TIME*: 14.69%

SKX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DECK Deckers Outdoor Corporation	$289.63M	$238.84M	$238.64M

DECK vs. SKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DECK Deckers Outdoor Corporation	-6.55%	-48.95%	82.30%	67.46%	8.97%	27.73%	69.83%	31.97%	59.44%	44.88%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between DECK and SKX is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.12
Correlation (3Y) Balances recent behavior with more history.	0.39
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (10Y) Provides a long-term view across more market conditions.	0.50
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.37

Over the past year, the correlation between DECK and SKX has dropped to 0.12 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

Fundamentals

Market Cap DECK : $13.19B SKX : $9.55B
EPS DECK : $7.05 SKX : $4.40
PE Ratio DECK : 13.74 SKX : 14.35
PEG Ratio DECK : 0.50 SKX : 0.09
PS Ratio DECK : 2.53 SKX : 1.01
PB Ratio DECK : 5.83 SKX : 2.00
Total Revenue (TTM) DECK : $5.52B SKX : $9.41B
Gross Profit (TTM) DECK : $3.17B SKX : $4.96B
EBITDA (TTM) DECK : $1.36B SKX : $1.07B

Return for Risk

DECK vs. SKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DECK

DECK Risk / Return Rank: 35
DECK Sharpe Ratio Rank: 36
DECK Sortino Ratio Rank: 34
DECK Omega Ratio Rank: 33
DECK Calmar Ratio Rank: 36
DECK Martin Ratio Rank: 35

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DECK vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deckers Outdoor Corporation (DECK) and Skechers U.S.A., Inc. (SKX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DECK	SKX	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	—	—
Sortino ratio: Return per unit of downside risk	0.03	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.50	—	—

Drawdowns

Drawdown Indicators

	DECK	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-94.36%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-35.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-64.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.35%	—	—
Current Drawdown Current decline from peak	-56.58%	—	—
Average Drawdown Average peak-to-trough decline	-40.40%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	17.59%	—	—

Volatility

Volatility by Period

	DECK	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.61%	—	—

Dividends

DECK vs. SKX - Dividend Comparison

Neither DECK nor SKX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

DECK vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between Deckers Outdoor Corporation and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DECK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Deckers Outdoor Corporation reported a gross profit of 575.16M and revenue of 1.02B. Therefore, the gross margin over that period was 56.4%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

DECK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Deckers Outdoor Corporation reported an operating income of 155.30M and revenue of 1.02B, resulting in an operating margin of 15.2%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

DECK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Deckers Outdoor Corporation reported a net income of 129.97M and revenue of 1.02B, resulting in a net margin of 12.8%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both DECK and SKX in my portfolio?

DECK and SKX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.