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Side-by-side financial comparison of Deckers Brands (DECK) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.

Deckers Brands is the larger business by last-quarter revenue ($2.0B vs $1.0B, roughly 1.9× Liberty Energy Inc.). Deckers Brands runs the higher net margin — 24.6% vs 2.2%, a 22.4% gap on every dollar of revenue. On growth, Deckers Brands posted the faster year-over-year revenue change (7.1% vs 4.5%). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs -6.2%).

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

DECK vs LBRT — Head-to-Head

Bigger by revenue
DECK
DECK
1.9× larger
DECK
$2.0B
$1.0B
LBRT
Growing faster (revenue YoY)
DECK
DECK
+2.7% gap
DECK
7.1%
4.5%
LBRT
Higher net margin
DECK
DECK
22.4% more per $
DECK
24.6%
2.2%
LBRT
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
-6.2%
LBRT

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
DECK
DECK
LBRT
LBRT
Revenue
$2.0B
$1.0B
Net Profit
$481.1M
$22.6M
Gross Margin
59.8%
Operating Margin
31.4%
2.2%
Net Margin
24.6%
2.2%
Revenue YoY
7.1%
4.5%
Net Profit YoY
5.3%
64.8%
EPS (diluted)
$3.33
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DECK
DECK
LBRT
LBRT
Q1 26
$1.0B
Q4 25
$2.0B
$1.0B
Q3 25
$1.4B
$947.4M
Q2 25
$964.5M
$1.0B
Q1 25
$1.0B
$977.5M
Q4 24
$1.8B
$943.6M
Q3 24
$1.3B
$1.1B
Q2 24
$825.3M
$1.2B
Net Profit
DECK
DECK
LBRT
LBRT
Q1 26
$22.6M
Q4 25
$481.1M
$13.7M
Q3 25
$268.2M
$43.1M
Q2 25
$139.2M
$71.0M
Q1 25
$151.4M
$20.1M
Q4 24
$456.7M
$51.9M
Q3 24
$242.3M
$73.8M
Q2 24
$115.6M
$108.4M
Gross Margin
DECK
DECK
LBRT
LBRT
Q1 26
Q4 25
59.8%
20.6%
Q3 25
56.2%
18.7%
Q2 25
55.8%
22.1%
Q1 25
56.7%
22.1%
Q4 24
60.3%
21.4%
Q3 24
55.9%
26.2%
Q2 24
56.9%
27.9%
Operating Margin
DECK
DECK
LBRT
LBRT
Q1 26
2.2%
Q4 25
31.4%
1.9%
Q3 25
22.8%
-0.3%
Q2 25
17.1%
3.6%
Q1 25
17.0%
1.9%
Q4 24
31.0%
2.6%
Q3 24
23.3%
9.4%
Q2 24
16.1%
12.2%
Net Margin
DECK
DECK
LBRT
LBRT
Q1 26
2.2%
Q4 25
24.6%
1.3%
Q3 25
18.7%
4.5%
Q2 25
14.4%
6.8%
Q1 25
14.8%
2.1%
Q4 24
25.0%
5.5%
Q3 24
18.5%
6.5%
Q2 24
14.0%
9.3%
EPS (diluted)
DECK
DECK
LBRT
LBRT
Q1 26
$0.14
Q4 25
$3.33
$0.08
Q3 25
$1.82
$0.26
Q2 25
$0.93
$0.43
Q1 25
$-2.78
$0.12
Q4 24
$3.00
$0.31
Q3 24
$1.59
$0.44
Q2 24
$4.52
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DECK
DECK
LBRT
LBRT
Cash + ST InvestmentsLiquidity on hand
$2.1B
$699.1M
Total DebtLower is stronger
$7.1M
Stockholders' EquityBook value
$2.6B
$1.9B
Total Assets
$4.1B
$4.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DECK
DECK
LBRT
LBRT
Q1 26
$699.1M
Q4 25
$2.1B
$27.6M
Q3 25
$1.4B
$13.5M
Q2 25
$1.7B
$19.6M
Q1 25
$1.9B
$24.1M
Q4 24
$2.2B
$20.0M
Q3 24
$1.2B
$23.0M
Q2 24
$1.4B
$30.0M
Total Debt
DECK
DECK
LBRT
LBRT
Q1 26
$7.1M
Q4 25
$246.6M
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
Q3 24
Q2 24
Stockholders' Equity
DECK
DECK
LBRT
LBRT
Q1 26
$1.9B
Q4 25
$2.6B
$2.1B
Q3 25
$2.5B
$2.1B
Q2 25
$2.5B
$2.0B
Q1 25
$2.5B
$2.0B
Q4 24
$2.6B
$2.0B
Q3 24
$2.2B
$2.0B
Q2 24
$2.1B
$1.9B
Total Assets
DECK
DECK
LBRT
LBRT
Q1 26
$4.4B
Q4 25
$4.1B
$3.6B
Q3 25
$3.8B
$3.5B
Q2 25
$3.8B
$3.4B
Q1 25
$3.6B
$3.4B
Q4 24
$4.0B
$3.3B
Q3 24
$3.4B
$3.3B
Q2 24
$3.3B
$3.2B
Debt / Equity
DECK
DECK
LBRT
LBRT
Q1 26
0.00×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DECK
DECK
LBRT
LBRT
Operating Cash FlowLast quarter
$1.0B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
52.1%
Capex IntensityCapex / Revenue
1.1%
13.1%
Cash ConversionOCF / Net Profit
2.17×
TTM Free Cash FlowTrailing 4 quarters
$929.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DECK
DECK
LBRT
LBRT
Q1 26
Q4 25
$1.0B
$195.4M
Q3 25
$8.1M
$51.5M
Q2 25
$36.1M
$170.6M
Q1 25
$-73.0M
$192.1M
Q4 24
$1.1B
$177.3M
Q3 24
$-90.5M
$244.5M
Q2 24
$112.7M
$248.2M
Free Cash Flow
DECK
DECK
LBRT
LBRT
Q1 26
Q4 25
$1.0B
$-10.0M
Q3 25
$-13.9M
$-67.2M
Q2 25
$12.2M
$33.1M
Q1 25
$-89.4M
$58.2M
Q4 24
$1.1B
$-26.2M
Q3 24
$-113.4M
$77.9M
Q2 24
$90.1M
$112.2M
FCF Margin
DECK
DECK
LBRT
LBRT
Q1 26
Q4 25
52.1%
-1.0%
Q3 25
-1.0%
-7.1%
Q2 25
1.3%
3.2%
Q1 25
-8.8%
6.0%
Q4 24
58.6%
-2.8%
Q3 24
-8.6%
6.8%
Q2 24
10.9%
9.7%
Capex Intensity
DECK
DECK
LBRT
LBRT
Q1 26
13.1%
Q4 25
1.1%
19.8%
Q3 25
1.5%
12.5%
Q2 25
2.5%
13.2%
Q1 25
1.6%
13.7%
Q4 24
1.3%
21.6%
Q3 24
1.7%
14.6%
Q2 24
2.7%
11.7%
Cash Conversion
DECK
DECK
LBRT
LBRT
Q1 26
Q4 25
2.17×
14.28×
Q3 25
0.03×
1.20×
Q2 25
0.26×
2.40×
Q1 25
-0.48×
9.55×
Q4 24
2.40×
3.42×
Q3 24
-0.37×
3.31×
Q2 24
0.97×
2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DECK
DECK

UGG Brand Segment$1.3B67%
Hoka Brand Segment$628.9M32%
Other Brands Segment$23.2M1%

LBRT
LBRT

Segment breakdown not available.

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