• Deckers Outdoor average gross margin for 2023 was 51.95%, a 3.28% increase from 2022.
• Deckers Outdoor average gross margin for 2022 was 50.3%, a 5.88% increase from 2021.
• Deckers Outdoor average gross margin for 2021 was 53.44%, a 1.73% 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.