• Deckers Outdoor average gross margin for 2023 was 52.61%, a 5.75% increase from 2022.
• Deckers Outdoor average gross margin for 2022 was 49.75%, a 6.17% increase from 2021.
• Deckers Outdoor average gross margin for 2021 was 53.02%, a 0.93% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.