• Deckers Outdoor average return on tangible equity for 2023 was 35.13, a 12.16% increase from 2022.
• Deckers Outdoor average return on tangible equity for 2022 was 31.32, a 1.75% increase from 2021.
• Deckers Outdoor average return on tangible equity for 2021 was 30.78, a 6.62% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.