$79.57+1.43 (+1.83%)
At close: Oct 1, 2026, 4:00 PM ET
Deckers Outdoor Corp. · Tenets
How DECK measures up against value, income, timing, and long-hold tenets. Every criterion shows the live number and the pass rule. Always free.
The tenets below and the 0-100 Tenet Score on this report are two separate computations: each tenet runs its own criteria and its own pass rule, while the score is a percentile composite reported as one of four verdict words (Strong, Solid, Mixed or Weak).
6 / 17 qualify todayas of 2026-10-02 · computed nightly from our fundamentals DB; point-in-time auditable.
QUALIFIES
6
meet every gate today
BORDERLINE
5
within one input of the gate
FAILS
4
miss at least one gate
UNKNOWN
2
insufficient data to judge
passesfailsborderlineunknown
Value — six classic philosophies
Buffett Qualitydurable moat
✓ QualifiesPassesROE ≥ 15%(TTM through Jun 30, 2026)42.6% · ≥ 15.0%
PassesGross margin ≥ 40%(TTM through Jun 30, 2026)57.8% · ≥ 40.0%
PassesNet margin ≥ 15%(TTM through Jun 30, 2026)18.4% · ≥ 15.0%
Unknown — no dataDebt/equity ≤ 0.5— · ≤ 0.50
PassesGrowing FCF (multi-yr)(fiscal 2021 to 2026)14.2% per year · > 0
Decided by the pass rule for Buffett Quality.The pass rule for Buffett Quality is what decides that verdict, and it is not restated here. 1 of 5 carry no data.Buffett Quality under The screens ›
Piotroski F-Scorefinancial strength
~ 6 / 9PassesReturn on assets positive(fiscal 2026)27.8% · > 0
PassesOperating cash flow positive(fiscal 2026)$1.2B · > 0
PassesReturn on assets improving(fiscal 2026)27.1% → 27.8%
PassesEarnings backed by cash (CFO > net income)(fiscal 2026)$1.2B vs $1.0B
FailsLeverage falling (long-term debt / assets)(fiscal 2026)We hold no record of long-term debt as a share of assets for both years for this company, so this signal could not be measured. It still scores 0 under this module's conservative rule (a point is never awarded without evidence), and it is not counted as one of the signals we were able to measure.no
FailsCurrent ratio improving(fiscal 2026)3.72 → 3.54
PassesNo share dilution (≤ +2%)(fiscal 2026)−4.5%
FailsGross margin expanding(fiscal 2026)57.9% → 57.7%
PassesAsset turnover improving(fiscal 2026)1.40 → 1.48
Decided by the pass rule for Piotroski F-Score.The pass rule for Piotroski F-Score is what decides that verdict, and it is not restated here. These checks score 6 of 9. 1 of 9 carry no data.Piotroski F-Score under The screens ›
Munger Compoundershigh-ROIC quality
✓ QualifiesPassesROIC ≥ 15%(TTM through Jun 30, 2026)42.1% · ≥ 15.0%
Unknown — no dataNet debt/EBITDA ≤ 3×— · ≤ 3.0×
PassesAltman Z ≥ 3 (safe zone)(TTM through Jun 30, 2026)7.97 · ≥ 3.00
Decided by the pass rule for Munger Compounders.The pass rule for Munger Compounders is what decides that verdict, and it is not restated here. 1 of 3 carry no data.Munger Compounders under The screens ›
Magic FormulaROC + earnings yield (threshold check; full rank needs universe)
✓ QualifiesPassesEBIT > 0(fiscal 2026: held in its sector pending the TTM check)$1.3B · > 0
PassesEarnings yield EBIT/EV ≥ 6%(fiscal 2026: held in its sector pending the TTM check)14.1% · ≥ 6.0%
PassesReturn on capital ≥ 25%(fiscal 2026: held in its sector pending the TTM check)53.0% · ≥ 25.0%
Decided by the pass rule for Magic Formula.The pass rule for Magic Formula is what decides that verdict, and it is not published separately on the methodology page.About this screen ›
Graham Defensivemargin of safety
~ BorderlinePassesSize: market cap ≥ $2B$10.9B · ≥ $2.0B
PassesCurrent ratio ≥ 2(quarter ending Jun 30, 2026)2.75 · ≥ 2.00
PassesPositive EPS 10y10y
Unknown — no dataPays a dividend— · > 0
PassesEPS growth ≥ 3%/yr(fiscal 2021 to 2026)25.6% per year · ≥ 3.0%
PassesP/E ≤ 15(TTM through Jun 30, 2026)11.30 · ≤ 15.00
FailsP/E × P/B ≤ 22.5(TTM through Jun 30, 2026)53.27 · ≤ 22.50
Decided by the pass rule for Graham Defensive.The pass rule for Graham Defensive is what decides that verdict, and it is not restated here. 1 of 7 carry no data.Graham Defensive under The screens ›
Lynch GARPgrowth at reasonable price (historical-CAGR basis)
✓ QualifiesPassesPEG < 1 (hist. growth)(through fiscal 2026)0.44 · < 1.00
PassesEPS growth 10–30%(fiscal 2021 to 2026)25.6% per year · 10.0%–30.0%
Decided by the pass rule for Lynch GARP.The pass rule for Lynch GARP is what decides that verdict, and it is not restated here.Lynch GARP under The screens ›
Income — dividend safety
Income & Dividend Safetycoverage over headline yield
— UnknownUnknown — no dataPays a dividend— · > 0
Unknown — no dataYield in a healthy band (not a yield trap)— · 1.0%–8.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
Unknown — no dataEarnings payout not stretched— · ≤ 75.0%
Unknown — no dataBalance sheet can sustain the payout— · ≤ 4.0×
Verdict Unknown for this set.Verdict Unknown for this set. None of the 5 checks below carry data. The pass rule for Income & Dividend Safety is not published separately on the methodology page.
Dividend Growthraises you can count on
— UnknownUnknown — no dataPays a dividend— · > 0
Unknown — no dataAnnual dividend raised 10+ years running (Aristocrat ≥25, King ≥50)— · ≥ 10.00
Unknown — no dataNo dividend cut in the last 5 years—
Unknown — no data5-year dividend growth ≥ 5%/yr— · ≥ 5.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
Unknown — no dataPayout not stretched— · ≤ 75.0%
Verdict Unknown for this set.Verdict Unknown for this set. None of the 6 checks below carry data.Dividend Growth under The screens ›
Long Hold — quality compounders
Quality Compounderhigh returns, reinvested, few new shares
~ BorderlinePassesReturn on invested capital ≥ 15% in 4+ of the last 5 years4 of 4 on file
PassesRevenue compounding ≥ 8%/yr over 5 years16.5% per year · ≥ 8.0%
FailsNot diluting: diluted share count flat-to-down (≤ +1%/yr)31.1% · ≤ 1.0%
PassesFree cash flow margin ≥ 12%20.1% · ≥ 12.0%
PassesEarnings backed by cash (operating cash flow ≥ net income)1.18 · ≥ 1.00
Reading: does not hold. Not a gate checkDisciplined buybacks: actively reducing the share count (bonus)reading, not a gate check31.1%
Decided by the pass rule for Quality Compounder.The pass rule for Quality Compounder is what decides that verdict, and it is not restated here. Lines marked as readings are published beside the checks and are not gate checks.Quality Compounder under The screens ›
Timing — dip & swing receipts
Drawdown Contexta dip, not a collapse
✕ FailsPassesOff its 52-week high by 8–35% (a dip, not a collapse)34.9% · 8.0%–35.0%
FailsDip within its own normal pullback band0.29
FailsNot past where its dips have historically recovered from3.02
FailsA dip in an uptrend (above a rising 200-day)101.40
FailsHigher-low structure still intactstructure broken · higher low
PassesClear of the earnings blackout (more than 5 days out)33.00 · > 5.00
Decided by the pass rule for Drawdown Context.The pass rule for Drawdown Context is what decides that verdict, and it is not published separately on the methodology page.
Reversal Evidencedaily close onlysigns the pullback is turning
~ BorderlinePassesA bullish MACD cross within 10 sessions8.00 · ≤ 10.00
FailsReclaimed a rising 50-day EMA86.97
PassesPrinted a higher lowyes
FailsA volume thrust on the turn (≥ 1.2× normal)0.93 · ≥ 1.20
FailsReversal signals fired: 3 of 4 (MACD·MA·HL·Vol)2.00 · ≥ 3.00
Decided by the pass rule for Reversal Evidence.The pass rule for Reversal Evidence is what decides that verdict, and it is not published separately on the methodology page.
Not-a-Value-Trap Gatecheap for a good reason, not a broken one
✓ QualifiesPassesIn the cheap half of its own 5-year valuation range(through fiscal 2026)0.3×
PassesEarnings estimates not being cut0.00
PassesReturns on capital not deteriorating0.39
Decided by the pass rule for Not-a-Value-Trap Gate.The pass rule for Not-a-Value-Trap Gate is what decides that verdict, and it is not published separately on the methodology page.
Quality Floorpasses the quality/value gate on this dip
✓ QualifiesPassesOperating profit is positive(fiscal 2026: held in its sector pending the TTM check)$1.3B · > 0
PassesReturn on invested capital ≥ 10%(TTM through Jun 30, 2026)42.1% · ≥ 10.0%
Not scored: see the reason belowA solvent balance sheet (Altman Z ≥ 1.8, net debt/EBITDA ≤ 4)(TTM through Jun 30, 2026)We hold no net-debt figure for this company, so only the Altman Z half of this two-part test (the number shown beside this line) could be measured. It is left unscored rather than counted either way.8.0×
PassesQuality score ≥ 5073.80 · ≥ 50.00
PassesRevenue growing over 5 years(fiscal 2021 to 2026)16.5% per year · > 0
Decided by the pass rule for Quality Floor.The pass rule for Quality Floor is what decides that verdict, and it is not published separately on the methodology page. 1 of 5 carry no data.
Qualified Dipa pullback with receipts, not a falling knife
~ BorderlineA research signal from published criteria, not a recommendation.
FailsDrawdown context34.9% off its 52-week high
FailsReversal evidence2 of 4 signals fired
PassesTrap gate3 of 3 held
PassesQuality floor4 of 5 held · 1 no data
Invalidation level (structure break): below this the dip's structure has broken$99.29
Decided by the pass rule for Qualified Dip.The pass rule for Qualified Dip is what decides that verdict, and it is not restated here.Qualified Dip under The screens ›
Trend Alignmentprice in a confirmed uptrend
✕ FailsFailsTrading above its 50-day average88.13
FailsTrading above its 200-day average101.40
Fails50-day average above the 200-day (uptrend stack)88.13
Fails50-day average sloping up−0.10 · > 0
Decided by the pass rule for Trend Alignment.The pass rule for Trend Alignment is what decides that verdict, and it is not published separately on the methodology page.
Relative Strengthoutperforming, ranked vs the universe
✕ FailsFails3-month return in the top half of the universe0.13 · ≥ 0.50
Fails12-minus-1 momentum in the top half of the universe0.22 · ≥ 0.50
FailsRelative strength vs the S&P 500 improving−0.01 · > 0
PassesEarnings estimates being revised up0.00
Decided by the pass rule for Relative Strength.The pass rule for Relative Strength is what decides that verdict, and it is not published separately on the methodology page.
Momentum Triggera trigger you can see
✕ FailsPassesMACD above its signal line−2.79
FailsBack above the 50-day on a fresh cross (≤10 sessions)8.00
FailsHigher high and higher low (stair-stepping up)no higher high · higher low
FailsA volume thrust on the move (≥ 1.2× normal)0.93 · ≥ 1.20
Decided by the pass rule for Momentum Trigger.The pass rule for Momentum Trigger is what decides that verdict, and it is not published separately on the methodology page.
Volatility Regimecontext, not a signal
Context, not scoredAverage daily swing: normal0.03
Volatility band width: squeezed (compressed range)0.13
Distance from its 52-week high: a deep pullback0.35
✓
Every verdict is auditableEach criterion shows the live number and the pass rule side by side — a receipt, not a rating. Several of these screens publish their rule in full under The screens; each row links to its own section where there is one.
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Unknown ≠ failAn “— Unknown” verdict means the inputs were insufficient: context, not a signal, and never counted as a fail.
Computed from our fundamentals DB; historical-CAGR PEG basis for Lynch. Research, not investment advice. Tenet's rulesets are independently developed from publicly available sources, and Tenet is not affiliated with, sponsored by, endorsed by or otherwise associated with any referenced investor or trademark owner. Full notice. MAGIC FORMULA is a trademark of MagicFormulaInvesting.com LLC.